2015-05-15T12:03:32-05:00 2014-12-31 420714325 MCGLADREY LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2014-01-01 560506447 CHARLOTTE CITY CLUB INC CHAR 7043344738 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 BRIAN COFFEY TREASURER 7043344738 2015-05-15 1 TAMELA L GAINEY P00437957 3362724551 2014 2016-02-25 16:41:14Z JOHN SCHARER 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 4928347 0 X WWW.CHARLOTTECITYCLUB.COM X 1947 NC THE PURPOSE OF CHARLOTTE CITY CLUB, INC. (THE CLUB) IS TO OPERATE A PRIVATE DINING FACILITY FOR MEMBERS AND THEIR GUESTS. TO PROVIDE THE MEMBERS THE OPPORTUNITY TO CONVENE, SOCIALIZE AND RECREATE IN ORDER TO FORM A COMMON BOND OF FRIENDSHIP AND COMMUNITY. THE CLUB IS NOT OPEN TO THE GENERAL PUBLIC. 15 15 82 65 530558 286217 0 0 1623362 1649355 581374 390382 804792 738296 3009528 2778033 0 0 0 0 1111884 1128411 0 0 0 1476959 1227245 2588843 2355656 420685 422377 12535319 12906264 1160949 992306 11374370 11913958 THE CHARLOTTE CITY CLUB WILL BE THE "CLUB OF CHOICE" FOR BUSINESS AND SOCIAL ENTERTAINING BY PROVIDING SUPERB FOOD, SERVICE, ACTIVITIES AND ATMOSPHERE. 0 0 THE PURPOSE OF CHARLOTTE CITY CLUB, INC. (THE CLUB) IS TO OPERATE A PRIVATE DINING FACILITY FOR MEMBERS AND THEIR GUESTS. TO PROVIDE THE MEMBERS THE OPPORTUNITY TO CONVENE, SOCIALIZE AND RECREATE IN ORDER TO FORM A COMMON BOND OF FRIENDSHIP AND COMMUNITY. THE CLUB IS NOT OPEN TO THE GENERAL PUBLIC. 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 1 0 0 1 94 0 1 82 1 1 1 0 0 0 0 167350 742717 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X DEBORAH MULLINS 7043343200 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 X MASON ALEXANDER 1ST VP-PRES ELECT 1.00 X X 0 0 0 GERALD BAYSDEN VICE PRESIDENT 0.50 X X 0 0 0 LOUIS BLEDSOE EX-OFFICIO 1.00 X X 0 0 0 MARTHA VISER CLONTZ SECRETARY 0.10 X X 0 0 0 BRIAN COFFEY PRESIDENT 1.00 X X 0 0 0 DAVE PERKINS SECRETARY 0.50 X X 0 0 0 GEORGE ROHE TREASURER 0.50 X X 0 0 0 RONNIE BRYANT GOVERNOR 0.10 X 0 0 0 MARK ERWIN GOVERNOR 0.30 X 0 0 0 CHARLES GREER GOVERNOR 0.30 X 0 0 0 MIKE HAWLEY GOVERNOR 0.30 X 0 0 0 FRED HILL GOVERNOR 0.30 X 0 0 0 LYNNE LITTLE GOVERNOR 0.30 X 0 0 0 MICHELLE MENARD GOVERNOR 0.30 X 0 0 0 DAVID PAGE GOVERNOR 0.30 X 0 0 0 JOHN SNYDER GOVERNOR 0.30 X 0 0 0 THOMAS TEMPLE GOVERNOR 0.30 X 0 0 0 JOHN C SCHARER GENERAL MANAGER 55.00 X 355590 0 77898 DEBORAH J MULLINS CONTROLLER 42.00 X 98379 0 11145 DANA C LOWNEY EXECUTIVE CHEF 50.00 X 132981 0 29128 586950 0 118171 2 0 1 0 TDC GREEN TRADE & TRYON LLC PO BOX 603048 CHARLOTTE NC 28260 RENT & UTILITIES 437114 RJ LEEPER CONSTRUCTION 601 MORRIS STREET CHARLOTTE NC 28202 CONSTRUCTION 408064 2 MEMBERSHIP FEES 722100 1242242 1242242 ROOM RENTALS 721000 239763 239763 INITIATION FEES 722100 167350 167350 1649355 235429 167823 67606 542468 11579 392449 6645 150019 4934 154953 150019 4934 2489516 1751220 738296 525580 212716 2778033 2174935 530558 72540 586950 281392 75371 129710 54988 1789 28528 12291 34937 49943 20661 478247 14180 13875 412150 30895 REPAIRS & MAINTENANCE 74801 INCOME TAX EXPENSE 20907 34041 2355656 801016 810312 888805 579227 325762 286572 54755 50079 92662 93852 6507466 4288379 1848344 2219087 8146024 8369606 377951 497529 12535319 12906264 743636 789786 201773 202520 215540 0 1160949 992306 X 11374370 11913958 11374370 11913958 12535319 12906264 422377 117211 0 X X 0 1 X 1 0 4299629 2599415 1700214 2207837 1688964 518873 2219087 X 4602067 117211 1751220 1868431 2733636 12291 32106 44397 2778033 4062479 1751220 1751220 2311259 12291 32106 44397 2355656 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS GRANTED THE CLUB AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE TAX REFORM ACT OF 1969 IMPOSED A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS TAXABLE INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. PROVISION FOR APPLICABLE STATE AND FEDERAL INCOME TAXES IS MADE IN ACCORDANCE WITH THESE STATUTES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SHOWN WITH EXPENSES ON FINANCIAL STATEMENTS 1,751,220. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBER LATE FEES SHOWN NET OF EXPENSES 27,172. GAIN ON SALE OF FIXED ASSETS SHOWN WITH MISC. EXPENSE ON FINANCIAL STATEMENT 4,934. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SHOWN WITH EXPENSES ON FINANCIAL STATEMENTS 1,751,220. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER LATE FEES SHOWN NET OF EXPENSES 27,172. GAIN ON SALE OF FIXED ASSETS SHOWN WITH MISC. EXPENSE ON FINANCIAL STATEMENT 4,934. 1 X X X X X 0 1 0 JOHN C SCHARER GENERAL MANAGER 203081 0 149146 0 3363 0 58400 0 19498 0 433488 0 0 0 DANA C LOWNEY EXECUTIVE CHEF 90256 0 40450 0 2275 0 11825 0 17303 0 162109 0 0 0 PART I, LINE 4B JOHN C SCHARER (GENERAL MANAGER) IS A PARTICIPANT IN A 457(F)DEFERRED COMPENSATION PLAN WHICH CHARLOTTE CITY CLUB CONTRIBUTES TO ANNUALLY. DURING 2014 HE DID NOT RECEIVE ANY COMPENSATION UNDER THE 457(F) PLAN. HE MAY RECEIVE A ONE TIME LUMP SUM DISTRIBUTION IN THE FUTURE WHICH IS CONTINGENT ON PROVIDING FUTURE SERVICES TO CHARLOTTE CITY CLUB. FORM 990, PART 1, LINE 6, TOTAL NUMBER OF VOLUNTEERS THE NUMBER OF VOLUNTEERS IS BASED ON THE NUMBER OF CLUB COMMITTEE MEMBERS. THE ONLY BENEFIT VOLUNTEERS RECEIVE IS SOME COMMITTEES MEET OVER A COMPLIMENTARY MEAL. FORM 990, PART VI, SECTION A, LINE 6 CHARLOTTE CITY CLUB, INC. IS ORGANIZED AS A NON-PROFIT CORPORATION WITH MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE PREPARES A LIST OF CANDIDATES, FROM WHICH THE MEMBERS ELECT THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS HAVE THE RIGHT TO APPOINT MEMBERS BETWEEN ELECTIONS IN THE EVENT OF A VACANCY. MEMBERS MAY ALSO WRITE IN CANDIDATES FOR ELECTION TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER AND THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF ALL CLUB OFFICERS, REVIEW THE FORMS 990 AND 990-T. ONCE ALL REVISIONS ARE COMPLETE, THE TREASURER SIGNS THE FORMS, AND COPIES ARE MADE AVAILABLE TO THE BOARD OF GOVERNORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE FINANCE COMMITTEE REVIEWS THE CONFLICT OF INTEREST POLICY. EACH NEW MEMBER OF THE BOARD OF GOVERNORS MUST READ AND SIGN THE POLICY, AND ANNUALLY THEREAFTER. IN THE EVENT OF SUCH CONFLICT, INTERESTED PARTIES ARE REQUIRED TO GIVE NOTICE OF ANY CONFLICT THAT ARISES DURING HIS/HER TERM. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS ANNUALLY WITH THE GENERAL MANAGER TO CONDUCT A PERFORMANCE REVIEW AND ESTABLISH AN EXECUTIVE COMPENSATION PACKAGE FOR THE NEXT TWELVE MONTHS. AS PART OF THE COMPENSATION REVIEW, A STUDY IS DONE OF COMPARABLE CITY CLUBS AND TOP EXECUTIVE COMPENSATION. MINUTES OF THIS MEETING, ALONG WITH A FORMAL WRITTEN AGREEMENT, ARE SUBMITTED TO THE CONTROLLER FOR RECORD KEEPING PURPOSES. THE GENERAL MANAGER'S PERFORMANCE IS REVIEWED BY THE EXECUTIVE COMMITTEE AS OUTLINED IN THE CLUB'S BY-LAWS. THE EXECUTIVE COMMITTEE IS MADE UP OF ALL THE OFFICERS OF THE CLUB AND THE CHAIR OF THE HOUSE COMMITTEE. THE GENERAL MANAGER IS THE ONLY KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST, CLUB DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR REVIEW. FORM 990, PART VII, SECTION A, COLUMN F: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 2C, FINANCE COMMITTEE THE FINANCE COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED FROM THE PRIOR YEAR. CHARLOTTE CITY CLUB FOUNDATION INC 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 453816272 PUBLIC CHARITABLE ORGANIZATION NC 501(C)(3) LINE 7 CHARLOTTE CITY CLUB INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0