2015-05-14T15:22:06-05:00 2014-12-31 420714325 MCGLADREY LLP 5551 RIDGEWOOD DRIVE SUITE 401 NAPLES FL 34108 990 2014-01-01 650066096 THE FOREST COUNTRY CLUB INC FORE 2394828378 6100 CLUB BLVD SW FT MYERS FL 33908 SCOTT BERTRAND GENERAL MANAGER 2394828378 2015-05-14 1 FRANK LUCAS P00995244 2395964518 2015-05-14 2014 2016-02-25 16:41:14Z SCOTT BERTRAND 6100 CLUB BLVD SW FT MYERS FL 33908 6350613 0 X WWW.THEFORESTCC.COM X 1988 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 0 9 480466 0 0 0 4706087 4840615 305 -8897 1023699 948978 5730091 5780696 0 0 0 0 3436052 3470963 0 0 0 3036025 3137254 6472077 6608217 -741986 -827521 10899226 11127950 3632316 3920900 7266910 7207050 THE FOREST COUNTRY CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB HAS TWO 18 HOLE GOLF COURSE. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/14 WERE APPROXIMATELY 44,170 OF WHICH APPROXIMATELY 5,288 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR ENDED 12/31/14 WAS $1,363,747 OF WHICH $233,682 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 41 0 1 0 1 1 1 0 0 0 1 1 0 576608 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X FRANK AGNELLO JR 2394828378 6100 CLUB BLVD SW FORT MYERS FL 33908 JOHN TOMEY PRESIDENT 1.00 X X 0 0 0 FRAN CONTINO VICE PRESIDENT 1.00 X X 0 0 0 BILL GREINER SECRETARY 1.00 X X 0 0 0 CHRIS CRAGG TREASURER 1.00 X X 0 0 0 MURRAY AUST DIRECTOR 1.00 X 0 0 0 KEN EDGE DIRECTOR 1.00 X 0 0 0 PAT LOCHHEAD DIRECTOR 1.00 X 0 0 0 DON ROBERTSON DIRECTOR 1.00 X 0 0 0 DRCHARLIE SIGMUND DIRECTOR 1.00 X 0 0 0 SCOTT BERTRAND GENERAL MANAGER 40.00 X 163692 0 18150 FRANK AGNELLO JR CFO 40.00 X 122119 0 5195 285811 0 23345 2 0 1 1 BOUCHARD INSURANCE 8191 COLLEGE PARKWAY FT MYERS FL 33919 INSURANCE 180305 UNITED HEALTH CARE 9009 CORPORATE LAKE DRIVE TAMPA FL 33634 HEALTH INSURANCE 130948 2 MEMBERSHIP DUES 713910 3500860 3500860 GREENS AND CART FEES 713910 1267613 926787 340826 LOCKER RENTALS 713910 52517 52517 OTHER GOLF REVENUE 713910 19625 19625 4840615 88 88 2100 2100 0 9500 18485 -8985 -8985 -8985 1363747 549332 814415 674863 139552 EQUITY EXCHANGE 713910 89788 89788 MISCELLANEOUS 713910 43671 43671 TENNIS FEES 713910 867 867 237 237 134563 5780696 5309215 480466 -8985 2722226 478952 269785 46293 802579 179719 GOLF COURSE MAINTENANCE 856442 CLUBHOUSE 313973 GOLF ACTIVITIES 226793 ADMINISTRATIVE 191969 519486 6608217 403627 1019069 368506 275758 75327 83235 208014 248194 23836316 14334622 9843752 9501694 10899226 11127950 772170 847787 1772662 1940151 564322 255988 523162 876974 3632316 3920900 X 7266910 7207050 7266910 7207050 10899226 11127950 X -827521 767661 X X 0 1 X 1 0 4814083 4814083 6551614 5314988 1236626 3581783 2586060 995723 8888836 6433574 2455262 9501694 REFUNDABLE CAPITAL ASSESSMENTS 175500 DEFERRED LIFE MEMBERS 297474 DEFERRED EQUITY EXCHANGE MEMBERS 4000 LINE OF CREDIT 400000 876974 X 6332128 551432 551432 5780696 0 5780696 7159649 551432 551432 6608217 0 6608217 PART X, LINE 2: MANAGEMENT HAS EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 549,332. RENTAL EXPENSE 2,100. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 549,332. RENTAL EXPENSE 2,100. X X X X 0 0 0 SCOTT BERTRAND GENERAL MANAGER 131654 0 15000 0 17038 0 0 0 18150 0 181842 0 0 0 FRANK AGNELLO JR CFO 121019 0 1100 0 0 0 0 0 5195 0 127314 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: EQUITY MEMBERS HAVE VOTING PRIVILEGES AND USE OF ALL FACILITIES (GOLF, SOCIAL, TENNIS, EQUITY EXCHANGE, AND LEE EXECUTIVE). FORM 990, PART VI, SECTION A, LINE 7B SPECIAL CAPITAL PURCHASES, ANY DEBT OVER $200,000 AND ANY CHANGES TO THE BY-LAWS ARE SUBJECT TO MEMBERSHIP APPROVAL. 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 GENERAL MANAGER, CFO, AND TREASURER. THEY REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CLUB MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY DURING MONTHLY BOARD MEETINGS AND THE REVIEWING OF ALL CONTRACTS. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE. THE BOARD COMPLETES THE PERFORMANCE REVIEW AND THE COMPENSATION COMMITTEE REVIEWS SALARY DATA FOR THE LOCAL AREA. THE CHIEF FINANCIAL OFFICER IS REVIEWED ANNUALLY BY THE GENERAL MANAGER. 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 DOES NOT MAKE IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CAPITAL ASSESSMENTS 508,993. MEMBERSHIP ISSUANCES AND TRANSFERS -17,196. BEAR COURSE RENOVATION ASSESSMENTS 275,864. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.