2025-10-03T11:54:25-05:00 2024-12-31 592840381 PHILLIPS FELDMAN GROUP 801 LAUREL OAK DRIVE SUITE 303 NAPLES FL 341082764 990 2024-01-01 650102934 AUDUBON COUNTRY CLUB ASSOCIATION INC AUDU 2395669800 625 AUDUBON BOULEVARD NAPLES FL 34110 PATRICK LANIGAN TREASURER 2395924003 2025-10-03 1 0 NATHAN A PHILLIPS CPA P00189856 2395661600 2024 2025-03-06 01:10:19Z JENNIFER LAKEFIELD 625 AUDUBON BOULEVARD NAPLES FL 34110 10917241 0 X WWW.AUDUBONCCOFNAPLES.COM X 1989 FL AUDUBON COUNTRY CLUB ASSOCIATION IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 9 9 0 9 336871 316565 0 0 7485888 8163389 274774 233330 2060478 -1871030 9821140 6525689 0 0 0 0 0 2899616 0 0 0 10420284 5447516 10420284 8347132 -599144 -1821443 36093278 39938594 12138366 12276811 23954912 27661783 AUDUBON COUNTRY CLUB ASSOCIATION IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 A PRIVATE CLUB PROVIDING RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, FITNESS, POOL, AND PICKLEBALL) THE CLUB HAS AN 18 HOLE GOLF COURSE. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/24 WAS APPROXIMATELY 30,343, OF WHICH APPROXIMATELY 6,483 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR WAS $1,893,560 OF WHICH $245,553 WAS NON-MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 0 1 1 0 0 0 0 0 482315 0 0 0 X 9 9 0 1 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2395669800 625 AUDUBON BOULEVARD NAPLES FL 34110 X JENNIFER LAKEFIELD PRESIDENT 1.00 X X 0 0 0 QUINN JAMES DIRECTOR 0.50 X 0 0 0 WILLIAM MINNOCK VICE PRESIDENT 1.00 X X 0 0 0 PATRICK LANIGAN TREASURER 1.00 X X 0 0 0 LUANN RICKERT DIRECTOR 0.50 X 0 0 0 GLENN VICIAN DIRECTOR 0.50 X 0 0 0 DANIEL LARKIN SECRETARY 1.00 X X 0 0 0 KENT STAHL DIRECTOR 0.50 X 0 0 0 PAUL FUERST DIRECTOR 0.50 X 0 0 0 MICHAEL RODRIGUEZ GENERAL MANAGER 40.00 X 377589 0 21017 STUART WISELY SUPERINTENDENT 40.00 X 253763 0 19984 RICHARD NIELSEN CHEF 40.00 X 197653 0 12413 CHRISTIE SEDDON CHIEF FINANCIAL OFFICER 40.00 X 180747 0 8422 JUSTIN DEFONT HEAD GOLF PROFESSIONAL 40.00 X 190090 0 18834 1199842 0 80670 5 0 1 0 MVP WORK FORCE PO BOX 6690 CAROL STREAM IL 60197 LABOR 489704 JUAN RAMIREZ LAWN & LANDSCAPING PO BOX 733 IMMOKALEE FL 34143 LANDSCAPING 271925 2 MEMBERSHIP DUES 713910 7062297 7062297 GREENS AND CART FEES 713910 672771 436009 236762 TRAIL FEES 713910 390217 390217 OTHER INCOME 713910 19203 19203 LOCKER AND CLUB RENTALS 713910 18901 18901 8163389 360843 360843 127513 -127513 -127513 -127513 2393009 4264039 -1871030 -1610296 -260734 6525689 6188818 336871 0 X 2490833 17750 254724 136309 219199 71748 25221 119136 1627876 561041 INCOME TAX - CAPITAL 123331 GC & COMMON GROUND MAIN 1078327 CLUBHOUSE 406146 ADMIN & GENERAL 370997 844494 8347132 11957181 12582114 1179895 1872374 366437 365988 207134 267257 40670605 18058140 21224142 22612465 1158489 2238396 36093278 39938594 916891 1214508 7039026 7723998 3771999 3139572 410450 198733 12138366 12276811 X 23954912 27661783 23954912 27661783 36093278 39938594 X -1821443 89747 5438567 X 0 1 X 1 0 4210556 4210556 17601297 8963427 8637870 7190419 4095801 3094618 11668333 4998912 6669421 22612465 CONSTRUCTION IN PROGRESS 1900607 RIGHT-OF-USE ASSETS, FINANCE, NET 27315 RIGHT-OF-USE ASSETS, OPERATING, NET 125388 INTEREST RATE SWAP ASSET 151138 DEPOSITS 33948 2238396 MEMBER DEPOSITS 43919 FINANCE LEASE LIABILITIES - CURRENT 29427 OPERATING LEASE LIABILITIES - CURRENT 69969 OPERATING LEASE LIABILITIES - NON-CURRENT 55418 198733 X 11006988 89747 4391552 4481299 6525689 0 6525689 12738684 4391552 4391552 8347132 0 8347132 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,264,039. LOSS ON DISPOSAL 127,513. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,264,039. LOSS ON DISPOSAL 127,513. X X 0 0 0 MICHAEL RODRIGUEZ GENERAL MANAGER 287636 0 68250 0 21703 0 3594 0 17423 0 398606 0 0 0 STUART WISELY SUPERINTENDENT 204905 0 26325 0 22533 0 2561 0 17423 0 273747 0 0 0 RICHARD NIELSEN CHEF 152203 0 14950 0 30500 0 1305 0 11108 0 210066 0 0 0 JUSTIN DEFONT HEAD GOLF PROFESSIONAL 162848 0 21600 0 5642 0 1411 0 17423 0 208924 0 0 0 CHRISTIE SEDDON CHIEF FINANCIAL OFFICER 143828 0 13919 0 23000 0 1640 0 6782 0 189169 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION UTILIZES A MANAGEMENT COMPANY, TROON PRIVE, TO MAKE OPERATIONAL DECISIONS ON A DAY-TO-DAY BASIS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION APPROVED A BY-LAW CHANGE TO ESTABLISH A HARD CAP OF 340 GOLF MEMBERS, CREATE A NEW SOCIAL MEMBERSHIP CATEGORY CALLED 'RESIDENT SOCIAL WAITING GOLF" ("RSWG") FOR MEMBERS WHO WANT A RESIDENT GOLF MEMBERSHIP WHEN ONE IS UNAVAILABLE, AND PROVIDE FOR REDEMPTION OF EQUITY OF REFUNDABLE RESIDENT MEMBER WHOSE MEMERSHIP IS PLACED ON REDEMPTION LIST, AFTER SALE OF MEMBERSHIP IN ANY CATEGORY WHEN THE TOTAL GOLF MEMBERSHIP NUMBER IS AT OR ABOVE CAP. FURTHER, A WAITLIST WAS ESTABLISHED FOR RSWG MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CONSISTS OF GOLF AND SOCIAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERSHIP CATEGORIES ARE AUTHORIZED TO PARTICIPATE IN THE ELECTION OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS THAT ARE SUBJECT TO MEMBERSHIP APPROVAL INCLUDE BY-LAW CHANGES AND CAPITAL PURCHASES OVER $500,000. ALL MEMBERSHIP CATEGORIES CAN VOTE AND THEY ALL HAVE THE SAME VOTING RIGHTS. EACH MEMBERSHIP GETS 2 VOTES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PROCESS TO REVIEW FORM 990 INCLUDES REVIEW BY THE CHIEF FINANCIAL OFFICER, GENERAL MANAGER, AND BOARD TREASURER PRIOR TO FILING FORM 990. ONCE REVIEWED AND APPROVED, THE TREASURER AUTHORIZES ELECTRONIC FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ASSOCIATES ARE EXPECTED TO DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DISCUSSED BETWEEN THE GENERAL MANAGER AND THE HUMAN RESOURCES CHAIR. ONCE THEY HAVE A RECOMMENDATION ON COMPENSATION OF KEY EMPLOYEES, THEY SEND THE RECOMMENDATION TO THE BOARD AND THE BOARD ULTIMATELY APPROVES IT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND VIA INSPECTION AT THE CLUB. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 24E FOOD & BEVERAGE 234,788. NON-RECURRING EXPENSES 149,358. TENNIS, FITNESS & OTHER 148,820. PROPERTY TAXES 130,744. GOLF OPERATIONS 130,658. INTEREST RATE SWAP 38,743. LICENSES 11,383. FORM 990, PART XI, LINE 9: MEMBERSHIP INITIATION FEES 3,542,500. CAPITAL IMPROVEMENTS ASSESSMENTS 1,588,230. RENOVATION ASSESSMENTS - 2019 431,572. REDEMPTION OF CAPITAL IMPROVEMENT AND RENOVATION ASSESSMENTS -13,735. REDEMPTION OF REFUNDABLE EQUITY -110,000.