2015-11-13T11:21:55-06:00 2014-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2014-01-01 930232310 MULTNOMAH ATHLETIC CLUB MULT 5032236251 1849 SW SALMON STREET PORTLAND OR 97205 NORMAN RICH GENERAL MANAGER 5032236251 2015-11-12 1 WENDY CAMPOS P00448102 5032421447 2014 2016-02-25 16:41:14Z NORMAN RICH 1849 SW SALMON STREET PORTLAND OR 97205 37836033 0 X WWW.THEMAC.COM X 1891 OR PRIVATE ATHLETIC CLUB 12 12 687 600 836325 457581 0 0 27192380 28055855 356074 411736 6306062 6160874 33854516 34628465 43229 41373 0 0 17353469 18522713 0 0 0 11916547 12228003 29313245 30792089 4541271 3836376 71114888 77506054 8263826 10240101 62851062 67265953 ENRICHING LIVES, FOSTERING FRIENDSHIPS AND BUILDING UPON OUR TRADITIONS OF EXCELLENCE IN ATHLETIC, SOCIAL AND EDUCATIONAL PROGRAMS. 0 0 THE MULTNOMAH ATHLETIC CLUB IS A PRIVATE CLUB WITH APPROXIMATELY 12,000 PAYING MEMBERS. PROGRAM SERVICES ARE RENDERED PRINCIPALLY IN CONNECTION WITH ATHLETIC AND ENTERTAINMENT SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 153 0 1 687 1 1 1 0 0 0 0 2571352 478387 0 X 12 12 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X HEATHER BULLOCH 5035177202 1849 SW SALMON STREET PORTLAND OR 97205 DARCY HENDERSON PRESIDENT 12.00 X X 0 0 0 DWIGHT TERRY VICE PRESIDENT 10.00 X X 0 0 0 ANN BLUME TREASURER 10.00 X X 0 0 0 DAVID DEBLASIO SECRETARY 10.00 X X 0 0 0 CARL BURNHAM III PAST PRESIDENT 12.00 X X 0 0 0 JAMES CLEARY PAST VICE PRESIDENT 10.00 X X 0 0 0 CRAIG IVERSON PAST TREASURER 10.00 X X 0 0 0 GWEN FARNHAM PAST SECRETARY 10.00 X X 0 0 0 DAVID HORSTKOTTEE TRUSTEE 5.00 X 0 0 0 DOUG DAWLEY MD TRUSTEE 5.00 X 0 0 0 ROBERT NUNN TRUSTEE 5.00 X 0 0 0 SCOTT SAKAMOTO TRUSTEE 5.00 X 0 0 0 LINDA HIGGONS TRUSTEE 5.00 X 0 0 0 JANICE MARQUIS TRUSTEE 5.00 X 0 0 0 SCOTT STEVENS TRUSTEE 5.00 X 0 0 0 MIKE WELLS TRUSTEE 5.00 X 0 0 0 NORMAN RICH GENERAL MANAGER 40.00 X 570766 0 108607 TIM ARBOGAST ASST GENERAL MANAGER/CFO 40.00 X 214671 0 37822 PHILIPPE BOULOT EXECUTIVE CHEF 40.00 X 209886 0 22884 EDWARD STONER ATHLETIC DIRECTOR 40.00 X 173882 0 21777 WAYNE PICKARD TENNIS DEPT MANAGER 40.00 X 155158 0 15993 WALDEMAR HOLOWETZKI TENNIS PROFESSIONAL 40.00 X 155543 0 16117 IRVYN SEGAL PERSONAL TRAINER 40.00 X 139112 0 15272 1619018 0 238472 12 0 1 0 RODNEY STEVEN TUTHILL 9620 SW REGAL DR PORTLAND OR 97225 SALON SERVICES 369653 1 MEMBERSHIP DUES 713940 24227389 24227389 ATHLETIC ACTIVITIES 713940 2320466 2320466 LOCKER RENTALS 713940 1251417 1251417 MISC CHARGES 713940 256583 206211 50372 28055855 411418 271402 140016 512917 314315 198602 198602 133847 64755 1750 1432 318 318 318 8515393 2891821 5623572 5603667 19905 ADVERTISING/MAGAZINE 511120 338700 -91191 429891 338700 34628465 33651806 836325 140334 41373 931866 12925501 659510 2238550 1767286 75171 68129 139025 416632 232696 3076598 23119 279071 3376538 EQUIPMENT RENTAL/MAINT 1637389 ATHLETICS 862318 SECURITY/PARKING 403406 INCOME TAX ON UBI 171856 1466055 30792089 5839792 8326759 5612838 6121009 429160 481736 440104 475243 104738614 58130699 44361035 46607915 14384270 15401981 47689 91411 71114888 77506054 2560927 2778722 5702899 7461379 8263826 10240101 X 62851062 67265953 62851062 67265953 71114888 77506054 X 3836376 583642 -5127 X 0 1 X 1 0 2718632 2718632 67368482 34467659 32900823 1735325 413568 1321757 28046804 23249472 4797332 4869371 4869371 46607915 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - THE CLUB RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN TAXES ON UNRELATED BUSINESS INCOME. DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013, THE CLUB RECOGNIZED NO INTEREST AND PENALTIES. IN ACCORDANCE WITH THE REQUIREMENTS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE CLUB DETERMINED THAT IT HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2014 AND 2013. THE CLUB FILES AN EXEMPT ORGANIZATION INCOME TAX RETURN AND AN UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND A CORPORATE TAX RETURN WITH THE OREGON DEPARTMENT OF REVENUE AND THE CITY OF PORTLAND. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE/LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. X X X X X 0 1 0 NORMAN RICH GENERAL MANAGER 414971 0 140000 0 15795 0 87636 0 20971 0 679373 0 0 0 TIM ARBOGAST ASST GENERAL MANAGER/CFO 179627 0 35044 0 0 0 27153 0 10669 0 252493 0 0 0 PHILIPPE BOULOT EXECUTIVE CHEF 178863 0 31023 0 0 0 12215 0 10669 0 232770 0 0 0 EDWARD STONER ATHLETIC DIRECTOR 146338 0 27544 0 0 0 11012 0 10765 0 195659 0 0 0 WAYNE PICKARD TENNIS DEPT MANAGER 153794 0 1364 0 0 0 9315 0 6678 0 171151 0 0 0 WALDEMAR HOLOWETZKI TENNIS PROFESSIONAL 154179 0 1364 0 0 0 9505 0 6612 0 171660 0 0 0 IRVYN SEGAL PERSONAL TRAINER 137498 0 1614 0 0 0 8582 0 6690 0 154384 0 0 0 PART I, LINE 4B NORMAN RICH, GENERAL MANAGER, AND TIM ARBOGAST, ASSISTANT GENERAL MANAGER/CFO, PARTICIPATE IN A 457(F) PLAN. CONTRIBUTIONS MADE TO THE PLAN IN 2014 WERE: NORMAN RICH - $72,000 TIM ARBOGAST - $15,000 FORM 990, PART VI, SECTION A, LINE 4 ORGANIZATION BYLAWS WERE AMENDED IN OCTOBER 2014. SIGNIFICANT SUBSTANTIVE CHANGES INCLUDE: - ADDED FLEXIBILITY IN THE TIMING OF THE ANNUAL MEETING - DELETED PROVISIONS ALLOWING BALLOTS TO BE PICKED UP BEFORE THE ANNUAL MEETING - ADDED PROVISIONS GOVERNING THE CONDUCT OF BOARD MEETINGS - RECONCILED CONFLICTING PROVISIONS REGARDING THE PRESIDENT'S PARTICIPATION IN THE NOMINATING COMMITTEE - ALLOWED THE OFFICERS TO BE ELECTED AS EARLY AS DECEMBER 1 BEFORE THE ANNUAL MEETING OF MEMBERS - ADDED PROVISIONS FOR ELECTRONIC NOTICE FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS THE FOLLOWING MEMBERSHIP CLASSES: ADULT RESIDENT; ADULT NONRESIDENT; JUNIOR AND INTERMEDIATE; AND ATHLETIC, CIVIL AND SOCIAL. ONLY ADULT RESIDENT MEMBERS HAVE THE RIGHT TO VOTE; ONLY ADULT RESIDENT AND ADULT NONRESIDENT MEMBERS ARE ENTITLED TO DISSOLUTION RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ADULT RESIDENT MEMBERS HAVE THE RIGHT TO VOTE AT ALL MEETINGS OF MEMBERS AND ARE ENTITLED TO VOTE ON EACH MATTER SUBMITTED TO THE MEMBERSHIP. ONLY ADULT RESIDENT MEMBERS ARE ELIGIBLE TO BE ELECTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 DOCUMENTATION FOR FORM 990 IS PREPARED BY THE CONTROLLER. THE FORM IS REVIEWED BY THE CFO AND GENERAL MANAGER BEFORE BEING E-MAILED TO THE AUDIT COMMITTEE FOR REVIEW. THE FORM IS THEN E-MAILED TO THE FULL BOARD BEFORE BEING SIGNED BY THE GENERAL MANAGER AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEWS ARE CONDUCTED TO ENFORCE THE CONFLICT OF INTEREST POLICY. NEW STATEMENTS ARE SIGNED EACH YEAR BY NEW BOARD MEMBERS, AND MEMBERS WITH A CONFLICT ARE ASKED TO ABSTAIN FROM VOTING IF A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT AND A COMPENSATION COMMITTEE MADE UP FROM MEMBERSHIP MEET AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR MANAGEMENT'S SALARY AND BENEFITS PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION IS A PRIVATELY HELD OPERATING ENTITY UNDER IRC SECTION 501(C)(7). GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE AND ARE THEREFORE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: TIDRICK TRUST EIN: 93-6312594 -5,127. DESIGN CENTER PDX LLC 1849 SW SALMON STREET PORTLAND OR 97205 RENTAL OR 19666 3301972 MULTNOMAH ATHLETIC CLUB MAC BLOCK 7 LLC 1849 SW SALMON STREET PORTLAND OR 97205 REAL ESTATE HOLDINGS OR 0 0 MULTNOMAH ATHLETIC CLUB MAC 21 LLC 1849 SW SALMON STREET PORTLAND OR 97205 RENTAL OR -60900 1279519 MULTNOMAH ATHLETIC CLUB