2015-05-07T14:52:12-05:00 2014-12-31 420174325 MCGLADREY LLP 5551 RIDGEWOOD DRIVE STE 401 NAPLES FL 34108 990 2014-01-01 650102934 AUDUBON COUNTRY CLUB ASSOCIATION INC AUDU 2395669800 625 AUDUBON BOULEVARD NAPLES FL 341107939 JOHN STEWART TREASURER 2395669800 2015-05-07 1 FRANK LUCAS P00995244 2395960105 2014 2016-02-25 16:41:14Z PAUL DONLIN 625 AUDUBON BOULEVARD NAPLES FL 341107939 4885619 0 X WWW.AUDUBONCCOFNAPLES.COM X 1989 FL TO BIND ITS MEMBERS TOGETHER FOR A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 83 9 114388 0 0 0 4120802 4003059 -11870 -424446 417814 518725 4526746 4097338 0 0 0 0 2795019 2920790 0 0 0 2332996 2944471 5128015 5865261 -601269 -1767923 19492862 20204961 4279619 5121875 15213243 15083086 AUDUBON COUNTRY CLUB ASSOCIATION IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 A PRIVATE CLUB PROVIDING RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL) THE CLUB HAS AN 18 HOLE GOLF COURSE. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/14 WAS APPROXIMATELY 21,690 OF WHICH APPROXIMATELY 1,436 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR WAS $819,830 OF WHICH $34,304 WAS NON-MEMBER RELATED. 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 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 83 1 1 1 0 0 0 1 1 0 124287 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 X LINDA DELORME 2395669800 625 AUDUBON BLVD NAPLES FL 341107939 PAUL DONLIN PRESIDENT 7.00 X X 0 0 0 JOHN HOLDEMAN VICE PRESIDENT 7.00 X X 0 0 0 JOHN STEWART TREASURER 7.00 X X 0 0 0 S PAUL CRABTREE SECRETARY 7.00 X X 0 0 0 JOHN TUCKER DIRECTOR 7.00 X 0 0 0 CHARLES LONG DIRECTOR 7.00 X 0 0 0 DONNA MILLER DIRECTOR 7.00 X 0 0 0 TERRY FAULK DIRECTOR 7.00 X 0 0 0 MICHAEL LINIHAN DIRECTOR 7.00 X 0 0 0 JACK HRAD GENERAL MANAGER 40.00 X 149220 0 11729 LINDA DELORME FINANNCE OFFICER 50.00 X 92404 0 54 KENYON KYLE GOLF COURSE SUPERINTENDENT 50.00 X 143209 0 13872 WILLIAM STEELE GOLF PROFESSIONAL 45.00 X 122215 0 9023 507048 0 34678 3 0 1 0 BARNETT MANAGEMENT 4734 SOLUTION CENTER CHICAGO IL 60677 TEMPORARY LABOR 346696 MCWARD ARCHITECTS 1020 8TH AVE SOUTH STE 7 NAPLES FL 34102 DESIGN FOR RENOVATION 223254 SOLARIS HEALTH & WELLNESS 9520 BONITA BEACH RD SE BONITA SPRINGS FL 34135 FITNESS CENTER OPERATOR/MEMBER CHARGES 131616 3 MEMBERSHIP DUES 713910 3327034 3327034 GREENS AND CART FEES 713910 657032 567049 89983 LOCKER RENTALS 713910 18993 18993 4003059 3359 3359 20813 448618 -427805 -427805 -427805 856812 339663 517149 496103 21046 MISCELLANEOUS 713910 1576 1576 1576 4097338 4410755 114388 -427805 2345401 575389 846939 131400 GOLF COURSE & RELATED 664183 ADMINISTRATIVE & GENERA 502860 CLUBHOUSE 230275 RENOVATION PROJECT 168743 400071 5865261 5267004 1012981 1443542 1166280 44305 115658 137702 140207 29226636 11494114 12020317 17732522 253136 326856 37313 19492862 20204961 819274 476626 3256647 3576001 203698 1069248 4279619 5121875 X 15213243 15083086 15213243 15083086 19492862 20204961 X -1767923 1637766 X X 0 1 X 1 0 4210556 4210556 11998368 5512879 6485489 4516332 2075115 2441217 8501380 3906120 4595260 17732522 MEMBERSHIP DEPOSITS 177481 CURRENT CAPITAL LEASE OBLIGATIONS 45828 CURRENT LONG TERM DEBT 632000 CAPITAL LEASE OBLIGATIONS 58813 INTEREST RATE SWAP AGREEMENT 155126 1069248 X 4437001 339663 339663 4097338 0 4097338 6204924 339663 339663 5865261 0 5865261 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 SALES 339,663. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 339,663. X X X 0 0 0 JACK HRAD GENERAL MANAGER 149220 0 0 0 0 0 0 0 11729 0 160949 0 0 0 KENYON KYLE GOLF COURSE SUPERINTENDENT 122415 0 20794 0 0 0 0 0 13872 0 157081 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB PROVIDES RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL) FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBER CATEGORIES CAN VOTE. RESIDENT MEMBERSHIPS RECEIVE TWO VOTES PER MEMBERSHIP AND NON-RESIDENT MEMBERSHIPS RECEIVE ONE VOTE PER MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CAPITAL PROJECTS GREATER THAN $250,000 IN ANY CALENDAR YEAR REQUIRE A VOTE. IN ADDITION, ANNUAL CAPITAL ASSESSMENTS GREATER THAN $2,000 PER GOLF MEMBERSHIP OR $1,000 PER SOCIAL MEMBERSHIP REQUIRE A VOTE. AS WELL AS, ANY CHANGE TO SECTION 7 OF THE BY-LAWS REGARDING MEMBERSHIP. MEMBERSHIP MUST APPROVE ANY ENCUMBERANCE ON REAL PROPERTY/IMPROVEMENTS OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11 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 CONTROLLER, ASSISTANT CONTROLLER, AND THE TREASURER PRIOR TO FILING THE FORM. ONCE REVIEWED BY THE CONTROLLER, ASSISTANT CONTROLLER, AND THE TREASURER, THE TREASURER SIGNS THE FORM 990. 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 THE CLUB PROVIDES COPIES OF THE CLUB GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: MEMBERSHIPS CERTIFICATE FEES 130,000. REDEMPTION OF MEMBERSHIPS -663,970. CAPITAL IMPROVEMENT ASSESSMENT 492,202. INITIATION FEES 1,035,000. CLUBHOUSE RENOVATION ASSESSMENT 644,534. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.