MYRTLE BEACH GOLF HOLIDAY: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
MYRTLE BEACH GOLF HOLIDAY (EIN 57-0738119)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-16
IRS object ID
201611379349300541
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-16T08:06:17-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN570801130PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SMITH SAPPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14728 JENN DR SUITE 100AddressLine1Txt
CityMYRTLE BEACHCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29577ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN570738119EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MYRTLE BEACH GOLF HOLIDAY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMYRTBusinessNameControlTxt
Phone8434778833PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11705 NORTH OAK STREET SUITE 6AddressLine1Txt
CityMYRTLE BEACHCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29577ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBILL GOLDENPersonNm
Person TitleCFOPersonTitleTxt
Phone8434778833PhoneNum
Signature2016-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLARRY G TUTTLE CPAPreparerPersonNm
PTINP00027082PTIN
Phone8434488334PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerJENNIFER HURSTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11705 NORTH OAK STREET SUITE 6AddressLine1Txt
CityMYRTLE BEACHCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29577ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,021,518GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.GOLFHOLIDAY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionPROMOTION OF GOLF TOURISMActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers128TotalVolunteersCnt
Total Gross UBI$82,350TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,912,150PYContributionsGrantsAmt
CY Contributions Grants$4,635,873CYContributionsGrantsAmt
PY Program Service Revenue$2,437,323PYProgramServiceRevenueAmt
CY Program Service Revenue$2,141,888CYProgramServiceRevenueAmt
PY Investment Income$8,509PYInvestmentIncomeAmt
CY Investment Income$5,026CYInvestmentIncomeAmt
PY Other Revenue$286,293PYOtherRevenueAmt
CY Other Revenue$217,317CYOtherRevenueAmt
PY Total Revenue$7,644,275PYTotalRevenueAmt
CY Total Revenue$7,000,104CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$816,624PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$692,846CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,930,884PYOtherExpensesAmt
CY Other Expenses$6,072,458CYOtherExpensesAmt
PY Total Expenses$7,747,508PYTotalExpensesAmt
CY Total Expenses$6,765,304CYTotalExpensesAmt
PY Revenues Less Expenses-$103,233PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$234,800CYRevenuesLessExpensesAmt
Total Assets BOY$1,664,167TotalAssetsBOYAmt
Total Assets EOY$1,939,538TotalAssetsEOYAmt
Total Liabilities BOY$151,154TotalLiabilitiesBOYAmt
Total Liabilities EOY$191,725TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,513,013NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,747,813NetAssetsOrFundBalancesEOYAmt
MissionTO PROMOTE GOLF RELATED TOURISM ALONG THE CAROLINAS' COAST FROM SOUTHPORT, NORTH CAROLINA TO GEORGETOWN, SOUTH CAROLINA BETTER KNOWN AS THE "GRAND STRAND AREA".MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescADVERTISING PLACEMENTS IN NATIONAL & INTERNATIONAL PERIODICALS & PROMOTIONAL CAMPAIGNS AT VARIOUS GOLF TOURNAMENTS & CONVENTIONS. PLACEMENTS INCLUDE GOLF DIGEST & GOLF MAGAZINE, INCLUDING A FREE DISTRIBUTION OF INFORMATION DETAILING ACCOMODATIONS AND GOLF COURSES TO OVER 400,0000 POTENTIAL VACATIONERS IN THE MYRTLE BEACH AREA.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPROMOTIONAL GOLF TOURNAMENTS HELD AT VARIOUS GOLF COURSES IN MYRTLE BEACH, INCLUDING (1) FALL CLASSIC TOURNAMENT WITH PARTICIPATION OF OVER 200 PARTICIPANTS (2) A VETERANS CLASSIC GOLF TOURNAMENT FOR OVER 445 PARTICIPANTS (3) THE PALMETTO HIGH SCHOOL GOLF CHAMPIONSHIPS FOR OVER 40 TEAMS AND 200 PARTICIPANTS (4) PRESEASON CLASSIC TOURNAMENT WITH PARTICIPATION OF OVER 200 PARTICIPANTS (5) MARCH CHAMPIONSHIP.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTHE WORLD AMATEUR HANDICAP GOLF CHAMPIONSHIP WHICH ATTRACTS OVER 3,500 GOLFERS FROM VARIOUS U.S. AND INTERNATIONAL LOCATIONS TO COMPETE IN THIS FOUR DAY TOURNAMENT EVENT.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CORPORATION JENNIFER HURSTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8434778833PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13901 NORTH KINGS HIGHWAY SUITE 22-BAddressLine1Txt
CityMYRTLE BEACHCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29577ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JACK HIMMELSBACH
DIRECTOR0.50Yes (X)$0$0$0
JIM WOODRING
PAST CHAIRMAN5.00Yes (X)$0$0$0Yes (X)
CHRIS SHROFF
VICE CHAIRMAN5.00Yes (X)$0$0$0Yes (X)
LEIGH MEESE
DIRECTOR0.50Yes (X)$0$0$0
DENNIS NICHOL
CHAIRMAN5.00Yes (X)$0$0$0Yes (X)
BOB SEGANTI
DIRECTOR0.50Yes (X)$0$0$0
DAVE GENEVRO
DIRECTOR0.50Yes (X)$0$0$0
MIKE BUCCERONE
DIRECTOR0.50Yes (X)$0$0$0
MARK STONEKING
DIRECTOR0.50Yes (X)$0$0$0
RICK TAYLOR
DIRECTOR0.50Yes (X)$0$0$0
LARRY WOODBERRY
DIRECTOR0.50Yes (X)$0$0$0
MONTE MORROW
DIRECTOR0.50Yes (X)$0$0$0
BILL BALDREE
DIRECTOR0.50Yes (X)$0$0$0
DAVE NELSON
DIRECTOR0.50Yes (X)$0$0$0
BILL GOLDEN
EXECUTIVE DIRECTOR40.00$183,705$0$18,588Yes (X)Yes (X)
JENNIFER HURSTON
CFO40.00$98,162$0$12,500Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$281,867TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$31,088TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BRANDON ADVERTISING
3023 CHURCH STREETMYRTLE BEACHSC29577ADVERTISING DESIGN, PLACEMENT AND MARKET$2,243,820
MYRTLE BEACH CHAMBER OF COMMERECE
PO BOX 2115MYRTLE BEACHSC295782115MISC EVENT SPONSORSHIP$237,781
DUSTIN JOHNSON ENTERPRISE
239 BUSINESS CENTER DRIVEPAWLEYS ISLANDSC29585AMBASSDOR & PERSONAL APPEARANCES$200,000
SHERATON
2101 NORTH OAK STREETMYRTLE BEACHSC29577HOTEL NIGHTS, FOOD & BEVERAGE$168,975
GREG NORMAN (CIT FACTOR)
2041 VISTA PARKWAY LEVEL 2WEST PALM BEACHFL33411GOLF TOURNAMENT SERVICES$133,684
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Membership Dues$2,723,073MembershipDuesAmt
Government Grants$1,840,000GovernmentGrantsAmt
All Other Contributions$72,800AllOtherContributionsAmt
Noncash Contributions$72,800NoncashContributionsAmt
Total Contributions$4,635,873TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
GOLF TOURNAMENT ENTRY713910$2,005,343$2,005,343
TOURNAMENT SPONSORSHIP711300$85,728$85,728
MONDAY AFTER THE MASTE711300$25,000$25,000
RWO SPONSORSHIP711300$24,485$24,485
AFFINITY CARD ROYALTY711300$1,332$1,332
FieldValueIRS element (for citing)
Total Program Service Revenue$2,141,888TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,026TotalRevenueColumnAmt
Related Or Exempt Func Income$5,026RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$38,298RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$21,414RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$16,884RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,884TotalRevenueColumnAmt
Exclusion$16,884ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
MBGH TOURNAMENT541800$75,000$75,000
E-SAVERS PROGRAM518210$54,250$54,250
GOLF EXPO-WORLD AMATEU713910$37,700$37,700

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,483TotalRevenueColumnAmt
Related Or Exempt Func Income$6,818RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$28,100UnrelatedBusinessRevenueAmt
Exclusion-$1,435ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$200,433OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,000,104TotalRevenueColumnAmt
Related Or Exempt Func Income$2,092,187RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$82,350UnrelatedBusinessRevenueAmt
Exclusion$189,694ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$281,867TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$352,332TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,163TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$42,420TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,064TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,528TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,815TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,284TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,981TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$46,950TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$32,007TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,315TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,220TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$37,068TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
ADVERTISING EXPENSE$2,601,381
TOURNAMENT OPERATIONS$1,176,732
TOURNAMENT COURSE FEES$811,895
PUBLIC RELATIONS- OPERA$550,288

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$733,994TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,765,304TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$906,618BOYAmt
EOY$1,504,503EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$379,864BOYAmt
EOY$236,473EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$174,612BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$35,519BOYAmt
EOY$53,219EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$617,524LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$522,631LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$105,113BOYAmt
EOY$94,893EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$494BOYAmt
EOY$284EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$61,947BOYAmt
EOY$50,166EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,664,167BOYAmt
EOY$1,939,538EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$138,159BOYAmt
EOY$187,939EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$12,995BOYAmt
EOY$3,786EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$151,154BOYAmt
EOY$191,725EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,513,013BOYAmt
EOY$1,747,813EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,513,013BOYAmt
EOY$1,747,813EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,664,167BOYAmt
EOY$1,939,538EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$234,800ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$231,896InvestmentCostOrOtherBasisAmt
Depreciation$137,003DepreciationAmt
Book Value$94,893BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$385,628OtherCostOrOtherBasisAmt
Depreciation$385,628DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$94,893TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,043,893TotalRevEtcAuditedFinclStmtAmt
Other Revenue$117,564OtherRevenueAmt
Revenue Not Reported$117,564RevenueNotReportedAmt
Revenue Subtotal$6,926,329RevenueSubtotalAmt
Other Revenues Not Included$73,775OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$73,775RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,000,104TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,797,314TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$107,010OtherExpensesIncludedAmt
Expenses Not Reported$107,010ExpensesNotReportedAmt
Expenses Subtotal$6,690,304ExpensesSubtotalAmt
Other Expenses Not Included$75,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$75,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,765,304TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES NETTED IN REVENUES WHOLLY OWNED TAXABLE SUBSIDIARY INCOME INTERCOMPANY GRANTS
PART XI, LINE 4B - OTHER ADJUSTMENTS:SUBSIDIARY INCOME INTERCOMPANY GRANTS PROVISION FOR INCOME TAXES
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES NETTTED IN REVENUES PROVISION (BENEFIT) FOR INCOME TAXES WHOLLY OWNED TAXABLE SUBSIDIARY EXPENSE
PART XII, LINE 4B - OTHER ADJUSTMENTS:INTERCOMPANY GRANTS SUBSIDIARY INCOME
990 PAGE 3, PART IV, LINE 11FFOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, MANAGEMENT OF THE ORGANIZATION BELIEVES IT HAS ADEQUATE SUPPORT FOR ALL MATERIAL TAX POSITIONS AND THAT IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2015. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2012.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonBILL GOLDENPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$183,705BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$18,588NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$202,293TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescGOLF ACCESSORIES AND APPARELDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$72,800NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BOARD MEMBER SITS ON THE BOARD OF DIRECTORS OF OTHER BOARD MEMBERS COMPANY.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION IS A MADE UP OF GOLF COURSES, GOLF PACKAGE PROVIDERS, AND HOTEL ACCOMODATION MEMBERS LOCATED IN THE GRAND STRAND AREA.
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION IS A NOT-FOR-PROFIT ASSOCIATION GOVERNED BY A 14 MEMBER BOARD OF DIRECTORS, ELECTED BY THE MEMBERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11THE ORGAINZATION'S 990 WAS REVIEWED WITH THE CFO AND MADE AVAILABLE TO THE BOARD BEFORE IT WAS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION ANNUALLY DISTRIBUTES CONFLICT OF INTEREST QUESTIONNAIRES AND MANAGEMENT REVIEW THE RESULTS.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION'S BUDGET INCLUDING SALARIES IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS THESE SALARIES ANNUALLY FOR COMPETITIVENESS AND PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT ITS OFFICE.
FORM 990, PART IX, LINE 24EPROMOTIONAL EXPENSE 438,959. MEALS & ENTERTAINMENT 66,273. BAD DEBTS 39,128. TELEPHONE AND UTILITIES- OPERATIONS 29,499. PRINTING & PUBLICATION- TOURNAMENT 19,987. EQUIPMENT RENTAL & MAINTEANCE- OPERATIONS 19,985. CONTRACT SERVICES- OPERATIONS 18,994. DISTRIBUTIONS 18,284. POSTAGE & SHIPPING- OPERATATIONS 16,790. DEFERRED INCOME TAXES- OPERATIONS 15,219. SUPPLIES- OPERATIONS 12,388. DUES & SUBSCRIPTIONS- OPERATIONS 10,118. POSTAGE & SHIPPING- TOURNAMENT 10,069. CONTRACT SERVICES- TOURNAMENT 9,295. PUBLIC RELATIONS- TOURNAMENT 6,749. SUPPLIES- TOURNAMENT 2,329. EQUIPMENT RENTAL & MAINTEANCE- TOURNAMENT 2,113. REPAIRS & MAINTENANCE- OPERATIONS 530. PRINTING & PUBLICATION- OPERATIONS 390. TELEPHONE- TOURNAMENT 33. DUES & SUBSCRIPTIONS- TOURNAMENT 8. DEFERRED INCOME TAXES- TOURNAMENT -3,146.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MYRTLE BEACH AREA INTERNET MARKETING CO-OPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13901 NORTH KINGS HWYAddressLine1Txt
CityMYRTLE BEACHCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29577ZIPCd
FieldValueIRS element (for citing)
EIN570738119EIN
Primary ActivitiesINTERNET MARKETING WEB-SITEPrimaryActivitiesTxt
Legal Domicile StateSCLegalDomicileStateCd
Predominant Income TypeUNRELATEDPredominantIncomeTypeTxt
Share Of Total Income-$210ShareOfTotalIncomeAmt
Share Of EOY Assets$284ShareOfEOYAssetsAmt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd
Ownership0.28000OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GRAND STRAND GOLF SERVICES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11705 NORTH OAK STREET SUITE 6AddressLine1Txt
CityMYRTLE BEACHCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29577ZIPCd
FieldValueIRS element (for citing)
EIN474759325EIN
Primary ActivitiesMARKETING AND ADVERTISINGPrimaryActivitiesTxt
Legal Domicile StateSCLegalDomicileStateCd
Entity TypeCEntityTypeTxt
Share Of Total Income-$1,225ShareOfTotalIncomeAmt
Share Of EOY Assets$106,151ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NO TRANSACTIONS GREATER THAN 50000BusinessNameLine1Txt

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