2014-12-18T13:38:06-06:00 2014-09-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2013-10-01 540346990 PRINCESS ANNE COUNTRY CLUB % THE CLUB PRIN 7574284141 3800 PACIFIC AVENUE Suite VIRGINIA BEACH VA 23451 ROBERT M WARREN JR TREASURER 7574284141 2014-11-23 true James E Prince III P00559346 7574284141 2013 2015-11-30 17:44:51Z ROBERT M WARREN JR 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 8358737 false X WWW.PRINCESSANNECC.COM X 1916 VA NONPROFIT SOCIAL AND RECREATIONAL ACTIVITIES 16 16 247 59822 0 0 6056694 6018677 21000 0 1285827 1338746 7363521 7357423 0 0 0 0 3530635 3645923 0 0 0 3860672 3883522 7391307 7529445 -27786 -172022 22175258 21412940 11457610 10642208 10717648 10770732 TO OFFER QUALITY SOCIAL AND ATHLETIC SERVICES AND FIRST RATE FACILITIES TO MEET THE NEEDS OF MEMBERS AND THEIR FAMILIES IN A COMFORTABLE ATMOSPHERE AND HOME-AWAY-FROM-HOME ENVIRONMENT,CONSISTENT WITH THE LONG-STANDING VALUES, TRADITIONS, HISTORY, AND UNIQUE CULTURE OF THE CLUB. false false N/A false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 39 0 true 247 true true true false false false false 279533 62109 false X 16 16 false false false false true true true true true false false false true true true true true true true false X X THE CLUB 7574284141 3800 PACIFIC AVENUE NORFOLK VA 23451 LESLIE R WATSON ESQ SECRETARY 1.0 X X 0 0 0 ROBERT M WARREN JR TREASURER 2.0 X X 4728 0 0 THOMAS R EDWARDS BOARD MEMBER 0.5 X 0 0 0 PATRICK L SHULER BOARD MEMBER 0.5 X 0 0 0 JONATHAN L THORNTON BOARD MEMBER 0.5 X 0 0 0 JOHN W WILSON JR BOARD MEMBER 0.5 X 0 0 0 GARY J BECK PRESIDENT 2.0 X X 4334 0 0 ROBERT H BARTON BOARD MEMBER 0.5 X 0 0 0 ELIZABETH A LONG BOARD MEMBER 0.5 X 0 0 0 SAMUEL E STEINGOLD BOARD MEMBER 0.5 X 0 0 0 CATHERINE MORGAN STOCKWELL BOARD MEMBER 0.5 X 0 0 0 JOHN THOMAS STANDING VICE PRESIDENT 1.0 X X 0 0 0 CHRISTOPHER J FANNEY BOARD MEMBER 0.5 X 0 0 0 TROY A HESELIUS BOARD MEMBER 0.5 X 0 0 0 THOMAS HYMAN JR BOARD MEMBER 0.5 X 0 0 0 STOCKTON TYLER WATSON BOARD MEMBER 0.5 X 0 0 0 WILLIAM S SHONK CCM GENERAL MANAGER 60.0 X 172830 0 12403 MATT BOYCE GOLF COURSE SUPERINTENDANT 40.0 X 121003 0 3630 JOHN FRASER TENNIS PRO 50.0 X 260423 0 1661 563318 0 17694 3 false true false none 0 X 0 MEMBER DUES 713940 3637909 3637909 GOLF SHOP/COURSE 713910 927068 906159 20909 ASSESSMENT INCOME 713910 778039 778039 MEMBER JOINING FEES 713910 279533 279533 ATHLETICS 713910 124037 124037 272091 268709 3382 6018677 0 0 0 0 0 0 0 0 0 2339817 1001314 1338504 1302973 35531 INTEREST FROM MEMBERS 713910 242 242 242 7357423 7297601 59822 0 0 0 0 186154 0 2848727 60435 254223 296384 0 4427 19300 0 0 4901 31303 5855 19358 21096 0 398343 6301 0 0 530345 0 1028067 184385 SUPPLIES 382062 EQUIPMENT REPAIR & MAINTENANCE 360491 TAXES AND LICENSES 179111 MEMBER ENTERTAINMENT 147056 561121 7529445 X 970028 233821 0 0 0 0 824118 777083 0 0 0 0 0 0 95005 102101 44682 168239 31293823 11613914 19798612 19679909 0 0 0 0 0 0 0 0 442813 451787 22175258 21412940 579510 596720 0 0 215772 147330 0 0 0 0 0 0 9303446 8818571 0 0 1358882 1079587 11457610 10642208 X 10717648 10770732 0 0 0 0 10717648 10770732 22175258 21412940 X -172022 225106 X false true X true false 2207649 0 2207649 14987517 4824597 10162920 8420004 2897415 5522589 4990541 3427118 1563423 688112 464784 223328 19679909 0 INTEREST RATE SWAP 683815 DEFERRED MEMBER JOINING FEES - LT 395772 1079587 8583843 225106 1001314 1226420 7357423 7357423 8530759 1001314 1001314 7529445 7529445 PART XI, LINE 2D - OTHER COST OF GOODS SOLD REPORTED ON PART XI LINE 2D $1,001,314 PART XII, LINE 2D - OTHER COST OF GOODS SOLD REPORTED ON PART XII LINE 2D $1,001,314 X X false false false WILLIAM S SHONK CCM GENERAL MANAGER 156830 0 16000 0 0 0 5185 0 7218 0 185233 0 0 0 JOHN FRASER TENNIS PRO 260423 0 0 0 0 0 1661 0 0 0 262084 0 0 0 FORM 990, PART VI SECTION A, LINE 6 THE PRINCESS ANNE COUNTRY CLUB IS AN EXCLUSIVE CLUB AVAILABLE FOR USE ONLY BY MEMBERS AND THEIR GUESTS. POTENTIAL MEMBERS MUST BE RECOMMENDED TO THE BOARD OF DIRECTORS BY CURRENT VOTING MEMBERS AND APPROVED BY THE BOARD IN ORDER TO BECOME A NEW MEMBER. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS OF THE CLUB (NOT ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. REGULAR MEMBERS MAY PARTICIPATE IN VOTES BY THE BOARD OF DIRECTORS, INCLUDING VOTES FOR MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS OF THE CLUB (NOT ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. REGULAR MEMBERS MAY PARTICIPATE IN VOTES BY THE BOARD OF DIRECTORS, AND IN ESSENCE, APPROVE OR DISAPPROVE DECISIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11b FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE, THE GENERAL MANAGER, THE CONTROLLER, AND THE CLUB TREASURER FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15b THE BOARD OF DIRECTORS USES INDUSTRY STANDARDS MIXED WITH EMPLOYEE PERFORMANCE TO DETERMINE COMPENSATION FOR THE GENERAL MANAGER. THE GENERAL MANAGER ALONG WITH THE BOARD OF DIRECTORS USE INDUSTRY STANDARDS AS WELL AS EMPLOYEE PERFORMANCE IN DETERMINING COMPENSATION FOR OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE 990 WILL BE AVAILABLE THROUGH GUIDESTAR'S WEBSITE. HARD COPIES WILL BE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS ONLY BY REQUEST. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE PRINCESS ANNE COUNTRY CLUB FOR ITS DIRECTORS TO ADHERE TO THE GENERAL STANDARDS OF CONDUCT SET FORTH IN VA CODE SECTION 13.1-690 AND 13.1-691. FORM 990, PART XI RECONCILIATION OF NET ASSETS, LINE 9 NET INCREASE IN FAIR MARKET VALUE OF INTEREST RATE SWAP AGREEMENT