2017-06-21T12:56:47-07:00 2016-12-31 C DeWitt Foard & Co PA CPAs 817 E Morehead Street Ste 100 Charlotte NC 282022767 990 2016-01-01 464495308 The Cramer Mountain Club Inc CRAM 100 Hidden Pastures Drive Cramerton NC 28032 Hugh Sales Treasurer 2017-06-21 true Terry W Lancaster P00096087 7043721515 2016 2021-01-29 14:40:06Z Harry Caufield 1963012 false false X N/A X 2014 NC The mission of the Cramer Mountain Club is to serve its members by providing and properly maintaining outstanding amenities, activities, and services which are designated to provide satisfaction to a diverse and active membership. 7 7 15 27 0 5500 0 883152 1343475 445 130 7376 -48088 896473 1295517 0 0 307481 540299 0 0 789435 1070404 1096916 1610703 -200443 -315186 2325289 2033070 425248 254215 1900041 1778855 The mission of the Cramer Mountain Club is to serve its members by providing and properly maintaining outstanding amenities, activities, and services which are designated to provide satisfaction to a diverse and active membership. false false 1394695 1188285 Golf Operations - approximately 203 members whom actively pay golf membership dues and attend weekly golf clinics, academies, and various member tournaments. Members are encouraged to actively participate in Golf Committees, to ensure proper course maintenance and growth. 890346 781572 Sports Social Operations - Includes all golf members as well as members who pay for access to the hospitality, pool and tennis operations of the club. The total membership is 387. 2285041 false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 5 0 false 15 true false false false false false false false false false 260850 false false false X 7 7 true false false false true true true true true false false true false false false false false false false false X Hugh Sales 7045782905 100 Hidden Pastures Drive Cramerton NC 28032 X Harry Caufield President 0.00 0.00 X X 0 0 0 Duane McAlister Vice President 0.00 0.00 X X 0 0 0 DeeDee Lott Secretary 0.00 0.00 X X 0 0 0 Hugh Sales Treasurer 0.00 0.00 X X 0 0 0 Jim Tremoulis Director 0.00 0.00 X 0 0 0 Keith Porter Director 0.00 0.00 X 0 0 0 Debbie Dunlap Director 0.00 0.00 X 0 0 0 0 false false false 0 0 Fees and Rentals 416161 416161 Membership Dues & Assessments 713910 927314 927314 1343475 130 130 0 0 0 0 0 0 609192 667495 -58303 -58303 Other 713910 10215 10215 10215 1295517 1295387 130 0 0 0 0 0 0 436409 0 67429 36461 86780 1847 2400 0 0 0 2107 62701 8174 13241 0 416665 0 0 0 0 0 178115 19467 Golf Course expense 175440 Pool and Tennis Maintenance 32426 Golf Course Maintenance 24167 Property Taxes 22089 24785 1610703 0 0 0 296535 105547 0 0 53556 106705 0 0 0 0 0 2165365 352587 1967158 1812778 0 0 0 0 8040 8040 2325289 2033070 51256 2610 323492 251605 50000 500 425248 254215 X 2047750 2241750 -147709 -462895 1900041 1778855 2325289 2033070 X -315186 194000 X false false false 12500 12500 38300 1916 36384 1661077 176905 1484172 417490 163992 253498 35998 9774 26224 1812778 DMD Investors Owner is club member Purchase golf eqpt X 359436 251605 false true true 251605 DMD Investors Owner is club member 17346 Monthly lease false CML Holdings Owners are club memb 5298 Monthly lease false Schedule L, Part V Supplemental Information In 2014, CMC purchased the sport social facilities and 8 acres of land from DMD Investors, LLC for $50,000. DMD is owned by Don Doctor, a Director at that time and a member of the Club. In 2015, CMC purchased golf equipment from DMD Investors for $359,436 on a 5 year note. CMC also entered into a lease agreement with DMD Investors for the golf course. The monthly lease amount is $11,355.Donald Doctor and Eric Vargosto are partners in CML Holdings, LLC. CML Holdings, LLC owns and is renovating a building in Cramer Mountain community. The Club will be leasing part of that building from CML Holdings, LLC. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization has 203 Equity members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The Equity members elect the Board of Directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Any indebtedness in excess of $200,000 must be approved by a majority of all of the members of the Board of Directors and a majority of the votes cast by the Equity Members at a properly called meeting where a quorum exists. Form 990, Part VI, Line 11b: Form 990 Review Process The Finance Committee does a preliminary review of the Form 990 and presents it to the Board for final review. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are made available upon request to Equity members. Other Changes In Net Assets Or Fund Balances - Other Increases Member Equity = $194000