2014-05-13T10:34:48-05:00 2013-12-31 420714325 MCGLADREY LLP 5551 RIDGEWOOD DRIVE SUITE 401 NAPLES FL 34108 990 2013-01-01 650066096 THE FOREST COUNTRY CLUB INC FORE 2394828378 6100 CLUB BLVD SW FT MYERS FL 33908 SCOTT BERTRAND GENERAL MANAGER 2394828378 2014-05-13 1 FRANK LUCAS P00995244 2395964518 2014-05-13 2013 2015-11-30 17:44:51Z SCOTT BERTRAND 6100 CLUB BLVD SW FT MYERS FL 33908 6280883 0 X WWW.THEFORESTCC.COM X 1988 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 151 9 449424 3120 0 0 4776439 4706087 578 305 931673 1023699 5708690 5730091 0 0 0 0 3491251 3436052 0 0 0 3119183 3036025 6610434 6472077 -901744 -741986 11523064 10899226 4210300 3632316 7312764 7266910 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 12/31/13 WERE APPROXIMATELY 43,137 OF WHICH APPROXIMATELY 5,156 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR ENDED 12/31/13 WAS $1,402,926 OF WHICH $257,996 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 51 0 1 151 1 1 1 0 0 0 1 1 0 554977 0 X 9 9 0 0 1 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 LORRAINE GUILE PRESIDENT 1.00 X X 0 0 0 JOHN TOMEY VICE PRESIDENT 1.00 X X 0 0 0 CHRIS CRAGG SECRETARY 1.00 X X 0 0 0 RANDY BILLING TREASURER 1.00 X X 0 0 0 FRAN CONTINO DIRECTOR 1.00 X 0 0 0 WILLIAM GREINER DIRECTOR 1.00 X 0 0 0 PAT LOCHHEAD DIRECTOR 1.00 X 0 0 0 CHARLIE SIGMUND DIRECTOR 1.00 X 0 0 0 SCOTT SMITH DIRECTOR 1.00 X 0 0 0 SCOTT BERTRAND GENERAL MANAGER 40.00 X 153423 0 17086 FRANK AGNELLO JR CFO 40.00 X 19846 0 0 CYNTHIA CODOL CFO 40.00 X 68395 0 4479 241664 0 21565 1 0 1 0 0 MEMBERSHIP DUES 713910 3493127 3493127 GREENS AND CART FEES 713910 1139439 852058 287381 LOCKER RENTALS 713910 53946 53946 OTHER GOLF REVENUE 713910 19575 19575 4706087 305 305 9600 5598 4002 4002 4002 1402926 545194 857732 699996 157736 EQUITY EXCHANGE 713910 134078 134078 MISCELLANEOUS 713910 25644 25644 ASSESSMENT INTEREST 713910 1308 1308 935 935 161965 5730091 5280667 449424 0 2728917 451069 256066 51424 882723 168170 GOLF COURSE MAINTENANCE 866861 CLUBHOUSE 275890 GOLF ACTIVITIES 236933 RESTAURANT 175757 378267 6472077 334635 403627 416715 368506 69754 75327 225324 208014 24256321 14412569 10452699 9843752 23937 0 11523064 10899226 885313 772170 1700841 1772662 1083021 564322 541125 523162 4210300 3632316 X 7312764 7266910 7312764 7266910 11523064 10899226 X -741986 696132 X X 0 1 X 1 0 4814083 4814083 6549094 5016157 1532937 4194629 3312086 882543 8698515 6084326 2614189 9843752 REFUNDABLE CAPITAL ASSESSMENTS 178500 DEFERRED LIFE MEMBERS 333662 DEFERRED EQUITY EXCHANGE MEMBERS 11000 523162 X 6280883 550792 550792 5730091 0 5730091 7022869 550792 550792 6472077 0 6472077 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 545,194. RENTAL EXPENSE 5,598. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 545,194. RENTAL EXPENSE 5,598. X X X X 0 0 0 SCOTT BERTRAND GENERAL MANAGER 133190 0 12500 0 7733 0 0 0 17086 0 170509 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE MINIMUM NUMBER OF COMMITTEE MEMBERS HAS INCREASED FROM 5 TO 7. THE PRESENCE EITHER IN PERSON OR BY PROXY OF 100 MEMBERS WILL CONSTITUTE A QUORUM AT ANY MEETING OF MEMBERS; PREVIOUSLY 50 PERCENT OF THE MEMBERS NEEDED TO BE PRESENT TO CONSTITUTE A QUORUM. BALLOTS AND VOTING INSTURCTIONS SHALL BE MAILED TO MEMBERS 30 DAYS PRIOR TO THE ANNUAL MEETING OF THE MEMBERS; PREVIOUSLY IT WAS 15 DAYS BEFORE THE MEETING. A TERM LIMIT OF EIGHT YEARS HAS BEEN PLACED ON BOARD MEMBERS TO ENSURE TURNOVER. THE PERCENTAGE OF MEMBERS TO FACILITATE A MEMBER NOMINATION WAS INCREASED FROM 20 TO 25 PERCENT. 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 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 417,829. MEMBERSHIP ISSUANCES AND TRANSFERS 1,042. BEAR COURSE RENOVATION ASSESSMENTS 277,261. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.