2014-10-28T14:36:47-05:00 2013-12-31 383635706 REHMANN ROBSON LLC 5070 NORTH HIGHWAY A1A SUITE 250 VERO BEACH FL 32963 990 2013-01-01 590422995 RIOMAR COUNTRY CLUB RIOM 7722316426 2106 CLUB DRIVE VERO BEACH FL 32963 RANDOLPH B OLD PRESIDENT 7722316426 2014-10-21 1 DEBORAH A CRUM CPA P00282890 7722348484 2014-10-16 2013 2015-11-30 17:44:51Z MARC BADERTSCHER 2106 CLUB DRIVE VERO BEACH FL 32963 3751361 0 X RIOMARCOUNTRYCLUB.COM X 1925 FL SOCIALIZING AND RECREATION 9 9 72 70 116841 -4275 0 0 2447420 2548914 -5748 -63431 624730 655453 3066402 3140936 0 0 0 0 1797237 1948144 0 0 0 1678735 1742361 3475972 3690505 -409570 -549569 7641301 7902431 228988 322743 7412313 7579688 SOCIALIZING AND RECREATION 0 0 THE CLUB HAS ONE 18-HOLE GOLF COURSE. THERE WERE APPROXIMATELY 15,398 ROUNDS OF GOLF, OF WHICH 1,011 WERE NON-MEMBER RELATED. THE CLUB ALSO OPERATES AND MAINTAINS A CLUBHOUSE FOR MEMBERS. FOOD AND BEVERAGE SALES FOR THE YEAR TOTALED $955,642 OF WHICH $116,320 WAS NON-MEMBER RELATED. THE CLUB OPERATES AND MAITAIN A PRO SHOP. TOTAL SALES FOR THE YEAR TOTALED $218,300 OF WHICH $70,356 WAS NON-MEMBER RELATED. 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 72 1 1 1 0 0 0 0 130000 232127 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MARC BADERTSCHER - GENERAL MANAGER 7722316426 2100 CLUB DRIVE VERO BEACH FL 32963 JUDY C LAFAGE DIRECTOR 2.00 X 0 0 0 JOHN N FIX DIRECTOR 2.00 X 0 0 0 JOHN ATCHISON DIRECTOR 2.00 X 0 0 0 RANDOLPH OLD PRESIDENT 2.00 X X 0 0 0 JAMES W MCCONNELL DIRECTOR 2.00 X 0 0 0 THOMASS SLAUGHTER VICE PRES/TREASURER 2.00 X X 0 0 0 GEORGE COLLINS SECRETARY 2.00 X X 0 0 0 ANTHONY BUFORD JR DIRECTOR 2.00 X 0 0 0 GEORGE CHANDLER DIRECTOR 2.00 X 0 0 0 JOHN BRESLIN GENERAL MANAGER 40.00 X 125996 0 5153 JAMES CALLAGHAN SUPERINTENDENT 40.00 X 124363 0 11643 250359 0 16796 2 0 0 0 0 DUES 713910 1823774 1823774 INITIATION FEES 713910 130000 130000 MEMBER CARTS 713910 129339 129339 CART USE - PRIVATE 713910 93353 93353 SUMMER PRIVILEGES 713910 84481 84481 287967 242516 45451 2548914 998 998 150 64579 -64429 -64429 -64429 1173943 545846 628097 557705 70392 MEMBER SERVICES 713910 15640 15640 WOMEN'S ASSOCIATION 713910 7410 7410 MISCELLANEOUS INCOME 713910 4107 4107 199 199 27356 3140936 3024095 116841 0 X 1570397 48387 180947 148413 70317 14809 23530 502270 178228 COURSE MAINTENANCE 159704 UTILITIES 147829 TAXES - PROPERTY 124390 FERTILIZER & CHEMICALS 123383 397901 3690505 109087 171895 485567 300234 109345 130690 149667 149570 37146 49923 11353524 5221748 6532540 6131776 190737 202947 27212 765396 7641301 7902431 50797 134842 178191 187901 228988 322743 X 7399767 7564643 12546 15045 7412313 7579688 7641301 7902431 X -549569 2744 714200 X 0 1 X 1 0 12546 2499 15045 10956 245 1345 12546 10544 245 167 10956 9541 1003 10544 8065 1476 9541 0 0 2994388 2994388 5888517 3170802 2717715 2470619 2050946 419673 6131776 2012 CAPITAL PROJECTS 765396 765396 DEFERRED COMPENSATION PLAN LIABILITY 187901 187901 X 3683052 542116 542116 3140936 0 3140936 4229878 539373 539373 3690505 0 3690505 PART V, LINE 4: THE ENDOWMENT FUND WAS CREATED TO ALLOW MEMBERS, FORMER MEMBERS, AND FRIENDS TO MAKE CONTRIBUTIONS THAT WILL BE USED FOR CAPITAL EXPENDITURES THAT WILL IMPROVE AND BEAUTIFY THE PROPERTIES OF THE CLUB. PART X, LINE 2: THE CLUB IS A NON-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE CLUB WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES INVESTMENT INCOME SUCH AS INTEREST INCOME RECEIVED FROM INVESTMENTS, NET OF EXPENSES INCURRED TO EARN THAT INCOME FROM SOURCES OTHER THAN DIRECTLY FROM THE MEMBERSHIP. FOR THE YEARS ENDED DECEMBER 31, 2013 AND DECEMBER 31, 2012, THERE WAS NO INCOME ON WHICH THE CLUB WAS LIABLE TO PAY TAXES. THE CREDIT FOR TAXES, WHICH IS INCLUDED IN ADMINISTRATIVE AND GENERAL EXPENSE FOR THE YEAR ENDED DECEMBER 31, 2013 CONSISTS ENTIRELY OF A FUEL TAX CREDIT. THE CLUB HAS BEEN CLASSIFIED AS NOT A PRIVATE FOUNDATION. THE CLUB CONSIDERS WHETHER IT HAS ENGAGED IN ACTIVITIES THAT JEOPARDIZE ITS CURRENT TAX EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE. FURTHERMORE, THE CLUB DETERMINES WHETHER IT HAS ANY UNRELATED BUSINESS INCOME, WHICH MAY BE SUBJECT TO US FEDERAL AND STATE INCOME TAXES. THE CLUB ANALYZES ITS FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. THE EVALUATION WAS PERFORMED FOR 2010 - 2012, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTION AS OF DECEMBER 31, 2013. THE CLUB ALSO TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS GENERAL AND ADMINISTRATIVE EXPENSES. THE CLUB IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 545,846. ENDOWMENT CHANGE 2,743. CLASSIFICATION DIFFERENCE -6,473. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 545,846. CLASSIFICATION DIFFERENCE -6,473. FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM REQUIRING THE REPORTING OF ANY FACTS OF CIRCUMSTANCES RELATING TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND RAISES FOR ALL EMPLOYEES ARE DISCUSSED AT A COMPENSATION COMMITTEE MEETING. THE FLORIDA PRIVATE CLUB AND BENEFITS SURVEY IS USED AS A GUIDE FOR ALL POSITIONS. A RECOMMENDATION IS THEN MADE TO THE BOARD OF DIRECTORS WHO APPROVES THE TOTAL PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF DOCUMENTS AND FINANCIAL STATEMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E OPERATING SUPPLIES 83,145. COURSE EQPT REPAIR/MAINT 57,019. REPAIRS & MAINTENANCE 38,970. GOLF CART LEASE 32,966. FUEL & OIL 30,237. CLUB SPONSORED EXPENSE 25,262. LAUNDRY 21,267. TELEPHONE 16,936. MEMBER SERVICES EXPENSE 16,467. COURSE BEAUTIFICATION 10,797. COMMISSIONS 9,959. DUES & SUBSCRIPTIONS 9,866. WOMEN''S ASSOCIATION 7,440. PRIVATE PARTY EXPENSE 6,363. 2106 CLUB DR. MAINTENANCE 5,237. INTRA-CLUB PRIZES 5,121. HANDICAP FEE 4,794. LICENSE & FEES 4,783. GOLF EXPENSES 4,045. EMPLOYEE EXPENSE 3,886. CASUAL LABOR 2,025. SECURITY SYSTEM 1,525. TAXES - OTHER 413. MISCELLANEOUS 345. ENDOWMENT FUND FEES 245. STATE INCOME TAX EXPENSE -604. INCOME TAX EXPENSE -608. FORM 990, PART XI, LINE 9: NET INCREASE IN MEMBERSHIP 714,200.