2015-11-12T09:41:14-06:00 2014-12-31 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2014-01-01 131737042 WESTCHESTER HILLS GOLF CLUB INC WEST 9149485020 401 RIDGEWAY WHITE PLAINS NY 10605 BRIAN TRAINOR TREASURER 9149485020 2015-11-11 1 GARRETT M HIGGINS P00543209 2128678000 2015-11-11 2014 2016-02-25 16:41:14Z THOMAS P DEVINE 401 RIDGEWAY WHITE PLAINS NY 10605 6377007 0 X WWW.WESTCHESTERHILLS.ORG X 1913 NY TO PROMOTE THE GAME OF GOLF AND OTHER ATHLETIC SPORTS, AND TO MAINTAIN A GOLF AND COUNTRY CLUB. 9 9 93 25 553186 2895 0 0 3991128 4249117 67415 3895 1393432 1168566 5451975 5421578 0 0 0 0 3119263 3211396 0 0 0 2908361 2671416 6027624 5882812 -575649 -461234 9295411 8916708 5203231 5285762 4092180 3630946 WESTCHESTER HILLS GOLF CLUB, INC. (THE "CLUB") IS A NOT-FOR-PROFIT MEMBERSHIP CORPORATION LOCATED IN WHITE PLAINS, NEW YORK. THE CLUB WAS INCORPORATED IN 1913 AND WAS FORMED FOR THE PURPOSE OF MAINTAINING A GOLF COURSE AND CLUBHOUSE FACILITY FOR ITS MEMBERS. 0 0 THE ORGANIZATION IS A FAMILY-FRIENDLY PRIVATE GOLF CLUB THAT FEATURES FAIRWAYS LINED WITH MATURE TREES, ROLLING HILLS, AND CONTOURED GREENS. WESTCHESTER HILLS ALSO FEATURES PRACTICE FACILITIES INCLUDING A DRIVING RANGE AND TWO LARGE GREENS TO FINE-TUNE YOUR SHORT GAME. THE PRIVATE COURSE IS EXCLUSIVELY AVAILABLE TO MEMBERS AND THEIR GUESTS. THERE IS A FULL SCHEDULE OF EVENTS THROUGHOUT THE SEASON RANGING FROM PARENT/CHILD TOURNAMENTS AND COUPLES TWILIGHT GOLF TO HIGHLY COMPETITIVE INDIVIDUAL TOURNAMENTS. 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 0 0 0 1 27 0 93 1 1 1 0 0 0 0 465975 549291 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREW MAITREJEAN 4804770409 15044 NORTH SCOTTSDALE ROAD STE 300 SCOTTSDALE AZ 85254 X THOMAS P DEVINE JR PRESIDENT/CEO 10.00 X X 0 0 0 STEVEN SHERWOOD VICE PRESIDENT 10.00 X X 0 0 0 STEPHEN J BUCKLEY SECRETARY 10.00 X X 0 0 0 BRIAN TRAINOR TREASURER 10.00 X X 0 0 0 TOM AVEZZANO GOVERNOR 2.00 X 0 0 0 CARMINE LIPPOLIS GOVERNOR 2.00 X 0 0 0 PETER MCLOUGHLIN GOVERNOR 2.00 X 0 0 0 ROCCO SOLLECITO GOVERNOR 2.00 X 0 0 0 GARY WESSEL GOVERNOR 2.00 X 0 0 0 STEPHEN TILL CLUB MANAGER 40.00 X 175000 0 0 JASON GOBLECK CLUB PROFESSIONAL 40.00 X 107625 0 0 PETER A WATEROUS GOLF COURSE SUPERINTENDENT 40.00 X 128618 0 0 411243 0 0 3 0 1 0 ACE ENDICO 80 INTERNATIONAL BLVD BREWSTER NY 10509 FOOD DISBRIBUTOR 132016 1 MEMBERSHIP DUES 713910 2333512 2333512 ASSESSMENTS 713910 997225 997225 GREENS FEES AND LESSONS 713910 556225 479911 76314 PRO SHOP SALES 713910 246805 246805 GOLF CART RENTALS 713910 101180 70026 31154 14170 14170 4249117 3895 3895 2106720 955429 1151291 723638 427653 OTHER INCOME 900099 17275 17275 17275 5421578 4868392 553186 0 175000 2235080 18584 448072 334660 120000 13224 36264 4108 65756 426620 15231 466691 61096 6112 173763 696118 103321 COST OF SALES 187175 REPAIRS & MAINTENANCE 141071 LAUNDRY & UNIRFORMS 55170 BAD DEBT 39049 60647 5882812 52127 111154 32706 613409 569221 514127 62409 72297 68183 103966 13022635 5609333 5511816 7413302 2998949 88453 9295411 8916708 456989 447406 1021242 880487 3725000 3957869 5203231 5285762 X 4092180 3630946 4092180 3630946 9295411 8916708 -461234 0 X X 0 1 X 1 0 2033961 2033961 10034421 5170216 4864205 385291 68895 316396 568962 370222 198740 7413302 X 6377007 955429 955429 5421578 0 5421578 6838241 955429 955429 5882812 0 5882812 PART X, LINE 2: US GAAP REQUIRES EVALUATION OF TAX POSITIONS TAKEN BY THE CLUB AND RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS IF THE CLUB HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF DECEMBER 31, 2014 AND 2013, MANAGEMENT HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2014, TAX RETURNS SINCE DECEMBER 31, 2011 REMAIN OPEN TO EXAMINATION BY MOST TAXING AUTHORITIES. THERE ARE CURRENTLY NO EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD REPORTED ON FORM 990, PART VIII, LINE 10B 955,429. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS REPORTED ON FORM 990, SCHEDULE D, PARTS XII & XIII LINE 2D 955,429. 0 0 0 STEPHEN TILL CLUB MANAGER 175000 0 0 0 0 0 0 0 0 0 175000 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 PURSUANT TO A MANAGEMENT AGREEMENT, THE ORGANIZATION ENGAGES TROON GOLF, LLC TO SUPERVISE AND DIRECT THE MANAGEMENT AND OPERATION OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 6 WESTCHESTER HILLS GOLF CLUB IS A MEMBERSHIP ORGANIZATION AND HAS THE FOLLOWING CATEGORIES OF MEMBERSHIP: -REGULAR GOLF -JUNIOR GOLF -CORPORATE GOLF -HOUSE ALL SPORT MEMBERSHIP -HOUSE AND POOL -HOUSE FORM 990, PART VI, SECTION A, LINE 7A THE CONTROL AND MANAGEMENT OF THE CLUB AND ITS AFFAIRS IS VESTED IN A BOARD OF NINE GOVERNORS, WHO ARE ELECTED FROM THE ORGANIZATION'S OWN MEMBERS. AT THE ANNUAL MEETING, NOMINATIONS FOR MEMBERSHIP ON THE NOMINATING COMMITTEE ARE MADE BY REGULAR MEMBERS. IT IS THE DUTY OF THE NOMINATING COMMITTEE TO MAKE NOMINATIONS FOR MEMBERS OF THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS OF THE ORGANIZATION MAY BE AMENDED OR REPEALED BY THE ORGANIZATION'S MEMBERS. ADDITIONALLY, REGULAR MEMBERS IN GOOD STANDING, ARE ENTITLED TO VOTE UPON A RESOLUTION FOR THE VOLUNTARY DISSOLUTION OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS CIRCULATED TO MEMBERS OF THE CLUB'S GOVERNING BODY AND REVIEWED BY THE FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WESTCHESTER HILLS GOLF CLUB, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. ALL MEMBERS OF THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY WILL OPENLY REVIEW THE SITUATION AND ADDRESS THE CONFLICT. ANY MEMBER OF THE BOARD WHO IS INVOLVED WITH THE CONFLICT MAY NOT PARTICIPATE ON THE BOARD UNTIL THE CONFLICT IS RESOLVED. THE BOARD WILL TAKE A VOTE ON HOW TO RESOLVE THE CONFLICT AND ONCE IT HAS BEEN RESOLVED, THAT BOARD MEMBER MAY BE ALLOWED TO RETURN TO THEIR POSITION. DISCUSSION CONCERNING CONFLICTS OF INTEREST ARE RECORDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO PUBLIC BY WRITTEN REQUEST TO THE TREASURER. THE FORM 990 IS ALSO AT "GUIDESTAR.COM" FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.