2016-07-08T16:07:41-05:00 2015-10-31 208185533 TRAVIS WOLFF LLP 15950 N DALLAS PARKWAY SUITE 600 DALLAS TX 75248 990 2014-11-01 750723170 NORTHWOOD CLUB NORT 9722391366 6524 ALPHA ROAD DALLAS TX 75240 BETH GREESON COMPTROLLER 9722391366 2016-07-07 1 JERRI L HAMMER P00047614 9726611843 2014 2016-09-27 15:27:22Z BETH GREESON 6524 ALPHA ROAD DALLAS TX 75240 19995734 0 X NORTHWOODCLUB.ORG X 1946 TX SOCIAL & LEISURE ACTIVITIES 498 498 266 0 511559 75193 0 0 12088037 12557664 71497 41571 3090089 3499535 15249623 16098770 0 0 0 0 1070720 1106862 0 0 0 9441658 9511665 10512378 10618527 4737245 5480243 30182123 32120057 6211211 2668057 23970912 29452000 SOCIAL & LEISURE ACTIVITIES 0 0 4471539 1670759 GOLF COURSE AND RELATED ACTIVITIES 4301250 9559100 SPECIAL MEMBER FUNCTIONS, AND FOOD & BEVERAGE 1845738 1327805 POOL, TENNIS, LOCKER ROOM, AND FITNESS FACILITIES 10618527 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 119 0 1 266 1 1 1 0 0 0 0 7905426 1524320 0 X 498 498 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 X BETH GREESON 9722391366 6524 ALPHA ROAD DALLAS TX 75240 MIKE GOODALL DIRECTOR 5.00 X 0 0 0 JAMIE SMITH DIRECTOR 5.00 X 0 0 0 DAVID TRUETT DIRECTOR 5.00 X 0 0 0 PAUL K ANDERSON DIRECTOR 5.00 X 0 0 0 GERALD DUNN DIRECTOR 5.00 X 0 0 0 C CHRISTOPHER HARRIS DIRECTOR 5.00 X 0 0 0 PR 'RUSTY' RICE DIRECTOR 5.00 X 0 0 0 JOHN F STULL PRESIDENT 10.00 X 0 0 0 BOB FOWLER 1ST VICE PRESIDENT 5.00 X 0 0 0 JOHN L HUBBLE 2ND VICE PRESIDENT 5.00 X 0 0 0 RON WELCH PAST PRESIDENT 5.00 X 0 0 0 JOE H SCHMIDT SECRETARY 5.00 X 0 0 0 RANDY L HILL TREASURER 5.00 X 0 0 0 JOHN MCGEE NWC GENERAL MANAGER 50.00 X 225254 0 0 STEVE WATSON PRESIDENTIAL ADVISOR 5.00 X 0 0 0 PAULA J SMITH DIRECTOR OF ADMIN SERVICES 40.00 X 0 0 0 ROBERT CARPENTER GREENS & GROUNDS SUPERINDENDENT 50.00 X 194202 0 0 DAVID REDDING TENNIS PRO MANAGER & INSTRUCTOR 50.00 X 247807 0 0 CHRISTOPHER MYERS GOLF & FITNESS INSTRUCTOR 50.00 X 290856 0 0 MICHAEL SCOTT HEAD CHEF 50.00 X 140561 0 0 1098680 0 0 10 0 1 0 ML GRAY PARTNERSHIP LLC 1811 GREENVILLE AVE STE 150 DALLAS TX 75206 GENERAL CONSTRUCTION CONTRACTOR 752709 BEN E KEITH PO BOX 2607 FORTH WORTH TX 76113 FOOD SUPPLIER 612722 MARATHON FITNESS PO BOX 17705 SUGAR LAND TX 77496 HEALTH & FITNESS EQUIPMENT SUPPLIER 249736 SPEC'S LIQUOR 10495 OLYMPIC DRIVE DALLAS TX 75220 ALCOHOLIC SUPPLIER 249289 EDWARD DON & CO 2562 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE SUPPLIES & EQUIPMENT 236582 18 MEMBERSHIP DUES AND ASSESSMENTS 713910 5435518 5435518 MEMBERSHIP CAPITAL ASSESSMENTS 713910 4092370 4092370 GOLF AND RELATED ACTIVITIES 713910 1670759 1359358 311401 TENNIS AND SWIMMING POOL 713910 850017 738767 111250 FITNESS 713910 306543 293828 12715 202457 202457 12557664 76193 76193 450 35072 -34622 -34622 -34622 3548371 3861892 -313521 -313521 MEMBERSHIP INITIATION FEES, NET 713910 3813056 3813056 3813056 16098770 15587211 511559 0 226699 718638 22852 85006 53667 54835 472349 651366 103765 2122648 200153 GOLF OPERATIONS 3067223 POOL AND TENNIS OPERATI 1156926 CLUBHOUSE AND GROUNDS O 982052 FITNESS OPERATIONS 522899 177449 10618527 1365162 1905042 5235584 3379139 2067824 4070558 161580 178008 131838 158652 48396202 25970544 21217135 22425658 3000 3000 30182123 32120057 2446697 2668057 3764514 0 6211211 2668057 X 23970912 29452000 23970912 29452000 30182123 32120057 X 5480243 845 X X 0 1 X 1 0 1277148 1277148 47119054 25970544 21148510 22425658 X 19960658 3861892 3861892 16098766 4 4 16098770 14479570 3861892 3861892 10617678 849 849 10618527 PART X, LINE 2: THE INTERNAL REVENUE SERVICE RULE THE CLUB QUALIFIES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO TAXATION UNDER PRESENT FEDERAL INCOME TAX LAWS ON EXEMPT ACTIVITIES. THE CLUB'S INVESTMENT INCOME AND UNRELATED BUSINESS INCOME ARE, HOWEVER, SUBJECT TO FEDERAL INCOME TAXES. THE CLUB FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE AMOUNT OF INCOME TAXES THE CLUB PAYS IS SUBJECT TO ONGOING AUDITS BY FEDERAL AND STATE TAX AUTHORITIES. AT OCTOBER 31, 2015, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINIATION BY TAX AUTHORITIES FOR YEARS BEFORE 2012. THE CLUB'S ESTIMATE OF THE POTENTIAL OUTCOME OF ANY UNCERTAIN TAX ISSUES IS SUBJECT TO MANAGEMENT'S ASSESSMENT OF RELEVANT RISKS, FACTS, AND CIRCUMSTANCES EXISTING AT THE THAT TIME. THE CLUB USES A MORE LIKELY THAN NOT THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TO THE EXTENT THAT THE CLUB'S ASSESSMENT OF SUCH TAX POSITION CHANGES, THE CHANGS IN ESTIMATE IS RECORED IN THE PERIOD IN WHICH THE DETERMINATION IS MADE. THE CLUB REPORTS TAX-RELATED INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF INCOME TAX EXPENSE. AS OF OCTOBER 31, 2015 AND 2014, NO UNCERTIN TAX POSITIONS HAVE BEEN IDENTIFIED AND, THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,861,892. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 4. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,861,892. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION 849. X X X 0 0 0 JOHN MCGEE NWC GENERAL MANAGER 201804 0 18050 0 5400 0 0 0 0 0 225254 0 0 0 ROBERT CARPENTER GREENS & GROUNDS SUPERINDENDENT 171040 0 17962 0 5200 0 0 0 0 0 194202 0 0 0 DAVID REDDING TENNIS PRO MANAGER & INSTRUCTOR 46672 0 1550 0 199585 0 0 0 0 0 247807 0 0 0 CHRISTOPHER MYERS GOLF & FITNESS INSTRUCTOR 25912 0 1070 0 263874 0 0 0 0 0 290856 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBER-OWNED SOCIAL CLUB FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF GOVERNORS FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE PROPOSALS FROM THE BOARD OF GOVERNORS AS REQUIRED FORM 990, PART VI, SECTION B, LINE 11 NO REVIEW WAS OR WILL BE REQUIRED FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS WITH WHICH THE CLUB DOES BUSINESS MUST DISCLOSE THE PERSONAL BENEFIT TO THEM. THE CLUB CONTINUOUSLY MONITORS EXISTING BUSINESS RELATIONSHIPS AND IDENTIFIES POTENTIAL CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE DETERMINES THE GM BONUS THROUGH A DETAILED PROCESS OF LOOKING AT COMPARABILITY DATA, ETC. A MEMBER OF THE CLUB IS A HEADHUNTER AND PROVIDES INPUT ON THE COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 PART VI LINE 19- OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE: DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9: BOOK TAX DIFFERENCE OF DEPRECIATION EXPENSE 849. ROUNDING -4. FORM 990, PART XII, LINE 2C: PART XII, LINE 2C: THE RETURN IS REVIEWED BY FINANCE COMMITTEE. PART VI, LINE 12C: ALL MEMBERS WITH WHICH THE CLUB DOES BUSINESS MUST DISCLOSE THE PERSONAL BENEFIT TO THEM. PART VI, LINE 15A: COMPENSATION COMMITTEE REVIEWS COMPARABLE CLUB DATA. PART VI, LINE 15B: OFFICERS ARE NOT PAID. ALL KEY EMPLOYEE SALARY INFO IS COMPARED TO OTHER CLUB BENCHMARKS.