2016-05-10T13:43:56-05:00 2015-09-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2014-10-01 592256487 INTERLACHEN COUNTRY CLUB INC INTE 4076570850 2245 INTERLACHEN COURT WINTER PARK FL 32792 JAMES FERRELL TREASURER 4076570850 2016-05-10 1 FRANK LUCAS P00995244 5616971785 2014 2016-08-17 19:52:53Z BARRY HERMAN 2245 INTERLACHEN COURT WINTER PARK FL 32792 10677646 0 X WWW.INTERLACHENCCFL.COM X 1983 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 12 11 206 12 173019 0 0 0 7738704 8268316 11704 -1229841 1403201 1255869 9153609 8294344 0 0 0 0 4704862 4678211 0 0 0 4053636 3904132 8758498 8582343 395111 -287999 20134606 26832570 7816523 14797464 12318083 12035106 INTERLACHEN COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB OPERATIONS PROVIDE GOLF, TENNIS, FITNESS, SWIMMING AND DINING FACILITIES FOR ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 48 0 1 206 1 1 1 0 0 0 1 1 1831726 243941 0 X 12 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANN GRAJEDA CONTROLLER 4076570850 2245 INTERLACHEN COURT WINTER PARK FL 32792 JOHN KELLEY PRESIDENT 3.80 X X 0 0 0 TIMOTHY DWYER VICE PRESIDENT 2.80 X X 0 0 0 RICHARD PROCTOR JR SECRETARY 1.50 X X 0 0 0 JAMES FERRELL TREASURER 1.50 X X 0 0 0 MATTHEW CERTO DIRECTOR 1.00 X 0 0 0 RICHARD HAVRON DIRECTOR 1.00 X 0 0 0 MICHAEL ELSBERRY DIRECTOR 1.00 X 0 0 0 MICHAEL GALLAGHER DIRECTOR 1.00 X 0 0 0 SANDRA HOSTETTER DIRECTOR 1.00 X 0 0 0 GENE LEE DIRECTOR 1.00 X 0 0 0 BRIAN MILLER DIRECTOR 1.00 X 0 0 0 DAVID SHULTE DIRECTOR 1.00 X 0 0 0 BARRY HERMAN GENERAL MANAGER 50.00 X 214200 0 26644 ANN GRAJEDA CONTROLLER 45.00 X 99205 0 7316 STUART LEVENTHAL GOLF SUPERINTENDENT 55.00 X 159588 0 13156 JAY KENNEDY GOLF PRO 45.00 X 127499 0 18081 GARY SMITH CHEF 55.00 X 120054 0 16499 720546 0 81696 4 0 1 0 FISHERKOPPENHAFER ARCHITECTS 9104 CYPRESS GREEN DRIVE JACKSONVILLE FL 32256 ARCHITECTURAL SERVICES-RENOVATIONS 212357 1 MEMBER DUES 713910 5273667 5273667 CAPITAL IMPROVEMENT FEES 713910 956421 956421 INITIATION FEES 713910 875305 875305 GOLF & RELATED 713910 845307 785123 60184 TENNIS FEES 713910 159157 159157 158459 158459 8268316 8881 8881 20340 20340 0 13831 1252553 -1238722 -1238722 -1238722 2328435 1110409 1218026 1114072 103954 OTHER 713910 36843 36843 RECOVERY OF BAD DEBT 713910 1000 1000 37843 8294344 9360047 173019 -1238722 X 3417253 1260958 121024 1137595 147811 FOOD & BEVERAGE 484577 GOLF COURSE MAINTENANCE 474792 GENERAL & ADMIN. 312561 CLUBHOUSE 266195 959577 8582343 600 600 4150107 3845529 1096136 1061991 285358 272291 81560 124736 36781624 16206736 13660237 20574888 681241 726673 179367 225862 20134606 26832570 726583 766766 3511460 6953884 3578480 7076814 7816523 14797464 X 12318083 12035106 12318083 12035106 20134606 26832570 X -287999 5022 X X 0 1 X 1 0 928292 928292 14726545 7208474 7518071 4746752 2323480 2423272 16380035 6674782 9705253 20574888 DUES, FEES & CHARGES COLLECTED IN ADVANCE 3233995 DEFFERRED COMPENSATION PLAN 726673 CONSTRUCTION PAYABLE 3116146 7076814 X 9425093 1130749 1130749 8294344 0 8294344 9713092 1130749 1130749 8582343 0 8582343 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 PROVISIONS OF THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,110,409. RENTAL ALLOCATION 20,340. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,110,409. RENTAL ALLOCATION 20,340. X X X 0 0 0 BARRY HERMAN GENERAL MANAGER 190000 0 20000 0 4200 0 5070 0 21574 0 240844 0 0 0 STUART LEVENTHAL GOLF SUPERINTENDENT 145080 0 14508 0 0 0 7133 0 6023 0 172744 0 0 0 TIMOTHY DWYER VICE PRESIDENT ON BOARD FOR INTERLACHEN COUNTRY CLUB, INC. 5326618 TIMOTHY DWYER IS THE PRESIDENT OF THE BUILDING CONTRACTOR (BRASFIELD & GORRIE) HIRED BY THE CLUB IN AN ARM'S LENGTH TRANSACTION TO PERFORM AND OVERSEE THE RENOVATIONS OF THE POOL AREA, FITNESS CENTER, POOL RESTAURANT AND THE MAIN CLUBHOUSE. 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: FULL GOLF MEMBERS RECEIVE ONE FULL VOTE AND TENNIS/SOCIAL MEMBERS RECEIVE ONE-HALF VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE SELECTION OF BOARD MEMBERS REQUIRES THE APPROVAL OF MEMBERS ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD PROVIDES COPIES TO ALL OF THE BOARD MEMBERS BEFORE FILING. HOWEVER, THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE GENERAL MANAGER, CONTROLLER, AND TREASURER. THE GENERAL MANAGER, CONTROLLER, AND TREASURER REVIEW FORM 990, IN ITS ENTIRETY, PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE GENERAL MANAGER AND THE CONTROLLER CONTINUOUSLY MONITOR AND REVIEW LARGE PROJECTS AND REQUIRE MANAGERS TO OBTAIN SEVERAL BIDS TO ENSURE THAT CONFLICTS DO NOT EXIST AND THAT THE TRANSACTIONS ARE IN THE BEST INTEREST OF THE CLUB. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC VIA THE CLUBS WEBSITE AND FOR INSPECTION AT THE CLUB. THE CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND FOR INSPECTION AT THE CLUB. FORM 990, PART IX, LINE 24E UTILITIES 242,019. GOLF 215,404. REAL ESTATE TAXES 117,140. TENNIS 108,825. GROUNDS MAINTENANCE 96,363. TOURNAMENTS 75,041. MEMBERSHIP MARKETING 67,500. FITNESS & SWIMMING 37,285. FORM 990, PART XI, LINE 9: ISSUANCE OF MEMBERSHIP CERTIFICATES 5,022. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.