2016-08-10T08:11:28-07:00 2015-12-31 C DeWitt Foard & Co PA CPAs 817 E Morehead Street Ste 100 Charlotte NC 282022767 990 2015-01-01 464495308 The Cramer Mountain Club Inc CRAM 100 Hidden Pastures Drive Cramerton NC 28032 Hugh Sales Treasurer 2016-08-10 true Terry W Lancaster P00096087 7043721515 2015 2016-12-15 16:53:06Z Terry Dunn 917 Hoke Trail Cramerton NC 28032 1143761 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 25000 5500 161022 883152 4359 445 40 7376 190421 896473 0 0 6061 307481 0 0 131626 789435 137687 1096916 52734 -200443 2124787 2325289 514003 425248 1610784 1900041 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 727472 637983 Golf Operations - approximately 165 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. 441101 505177 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. 1168573 false false false false false false false false false false true 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 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 325050 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 Terry Dunn President 0.00 0.00 X X 0 0 0 Harry Caulfield Vice President 0.00 0.00 X X 0 0 0 DeeDee Lott Secretary 0.00 0.00 X X 0 0 0 Rick Houser Treasurer 0.00 0.00 X X 0 0 0 Beth Bumgarner Director 0.00 0.00 X 0 0 0 Tiffany Durst Director 0.00 0.00 X 0 0 0 Eric Vargosko Director 0.00 0.00 X 0 0 0 0 false false false 0 5500 5500 Fees and Rentals 138825 138825 Membership Dues & Assessments 713910 744327 744327 883152 445 445 0 0 0 0 0 0 253508 247288 6220 6220 Other 713910 1156 1156 1156 896473 890528 445 0 0 0 0 0 0 256697 0 0 50784 89466 40 0 0 0 0 7305 6015 4330 8667 0 293439 0 0 0 0 0 174472 11162 Golf Course expense 77548 Maintenance and Repairs 59166 Property Taxes 32867 Membership events 13871 11087 1096916 0 0 0 520231 296535 0 0 62994 53556 0 0 0 0 0 2141630 174472 1540312 1967158 0 0 0 0 1250 8040 2124787 2325289 1803 51256 323492 50000 50000 462200 500 514003 425248 X 1558050 2047750 52734 -147709 1610784 1900041 2124787 2325289 X -200443 489700 X false false false 12500 12500 38300 958 37342 1655929 88388 1567541 402471 80494 321977 32430 4632 27798 1967158 Deposit 500 500 Harry Caulfield Director General X 20000 20000 false true true Ray McKenney Member General X 30000 30000 false true true DMD Investors Owner is club member Purchase golf eqpt X 359436 323492 false true true 373492 DMD Investors Owner is club member 11355 Monthly lease false CML Holdings Owners are club memb 6691 Monthly lease false Providence Landscaping Owner is club member 40000 Landscaping service 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 202 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 = $489700