2013-09-20T13:02:22-05:00 2012-12-31 420714325 MCGLADREY LLP 230 N ELM ST STE 1100 GREENSBORO NC 27401 990 2012-01-01 560506447 CHARLOTTE CITY CLUB INC CHAR 7043344738 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 BRIAN COFFEY 7043344738 2013-09-20 1 TAMELA L GAINEY P00437957 3362724551 2012 2016-02-24 21:20:13Z GERALD BAYSDEN 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 5731500 0 X WWW.CHARLOTTECITYCLUB.COM X 1947 NC THE PURPOSE OF CHARLOTTE CITY CLUB, INC. (THE CLUB) IS TO OPERATE A PRIVATE DINING FACILITY FOR MEMBERS AND THEIR GUESTS. TO PROVIDE THE MEMBERS THE OPPORTUNITY TO CONVENE, SOCIALIZE AND RECREATE IN ORDER TO FORM A COMMON BOND OF FRIENDSHIP AND COMMUNITY. THE CLUB IS NOT OPEN TO THE GENERAL PUBLIC. 15 15 87 65 369624 104872 0 0 1668698 1688388 214594 136447 883411 1002964 2766703 2827799 0 0 0 0 1099268 1185532 0 0 0 1271177 1323342 2370445 2508874 396258 318925 10397299 11184814 950299 938492 9447000 10246322 THE CHARLOTTE CITY CLUB WILL BE THE "CLUB OF CHOICE" FOR BUSINESS AND SOCIAL ENTERTAINING BY PROVIDING SUPERB FOOD, SERVICE, ACTIVITIES AND ATMOSPHERE. 0 0 THE PURPOSE OF CHARLOTTE CITY CLUB, INC. (THE CLUB) IS TO OPERATE A PRIVATE DINING FACILITY FOR MEMBERS AND THEIR GUESTS. TO PROVIDE THE MEMBERS THE OPPORTUNITY TO CONVENE, SOCIALIZE AND RECREATE IN ORDER TO FORM A COMMON BOND OF FRIENDSHIP AND COMMUNITY. THE CLUB IS NOT OPEN TO THE GENERAL PUBLIC. 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 1 0 0 1 62 0 1 87 1 1 1 0 0 0 0 167438 670281 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X DEBORAH MULLINS 7043344738 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 GEORGE EDMISTON 0.30 X 0 0 0 GERALD BAYSDEN 0.50 X X 0 0 0 DAVID PAGE 1.00 X X 0 0 0 GRAHAM DENTON 0.30 X X 0 0 0 MARTHA VISER CLONTZ 0.50 X X 0 0 0 BRIAN COFFEY 0.50 X X 0 0 0 MASON ALEXANDER 0.50 X 0 0 0 LOUIS BLEDSOE 1.00 X 0 0 0 RONNIE BRYANT 0.30 X 0 0 0 MARK ERWIN 0.30 X 0 0 0 FRED HILL 0.50 X 0 0 0 BARBARA LAUGHLIN 0.30 X 0 0 0 LYNNE LITTLE 0.30 X 0 0 0 RICHARD M MCDERMOTT 0.30 X 0 0 0 J MICHAEL MCGUIRE 0.30 X 0 0 0 JOHN SNYDER 0.30 X 0 0 0 THOMAS TEMPLE 0.30 X 0 0 0 DONALD TONEY 0.30 X 0 0 0 JOHN C SCHARER 55.00 X 389206 0 67882 NATHAN HOFFMAN 50.00 X 102054 0 25952 DANA C LOWNEY 50.00 X 142890 0 14105 DEBORAH J MULLINS 42.00 X 100991 0 5569 735141 0 113508 4 0 1 0 TRYON TOWERS LLC 121 WEST TRADE STREET SUITE 3050 CHARLOTTE NC 28202 RENT & UTILITIES 461171 1 MEMBERSHIP FEES 722100 1237018 1237018 ROOM RENTALS 721000 283932 283932 INITIATION FEES 722100 167438 167438 1688388 167046 131148 35898 1145606 76 1176281 0 -30675 76 -30599 -30599 2730384 1727420 1002964 764488 238476 2827799 2452876 369624 5299 457088 450557 95783 128953 53151 32930 10020 31754 55307 19747 493359 11954 22397 446089 31161 REPAIRS & MAINTENANCE 64101 INCOME TAX EXPENSE 48033 OTHER TAXES & LICENSES 1411 55079 2508874 854867 938093 361111 456798 320371 252756 53643 55378 50047 76441 5890151 3684594 2551361 2205557 6019207 6932258 186692 267533 10397299 11184814 676943 726853 271753 196943 1603 14696 950299 938492 X 9447000 10246322 9447000 10246322 10397299 11184814 318925 480397 0 X X 0 1 X 1 0 3792852 2123048 1669804 2097299 1561546 535753 2205557 11670 STATE INCOME TAXES PAYABLE 3026 14696 X 3268353 480397 480397 2787956 10020 29823 39843 2827799 2469031 0 2469031 10020 29823 39843 2508874 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS GRANTED THE CLUB AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE TAX REFORM ACT OF 1969 IMPOSED A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS TAXABLE INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. PROVISION FOR APPLICABLE STATE AND FEDERAL INCOME TAXES IS MADE IN ACCORDANCE WITH THESE STATUTES. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBER LATE FEES SHOWN NET OF EXPENSES 29,823. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER LATE FEES SHOWN NET OF EXPENSES 29,823. 1 X X X X X 0 0 0 JOHN C SCHARER 195536 0 189872 0 3798 0 51561 0 16321 0 457088 0 0 0 DANA C LOWNEY 87676 0 52871 0 2343 0 0 0 14105 0 156995 0 0 0 FORM 990, PART 1, LINE 6, TOTAL NUMBER OF VOLUNTEERS THE NUMBER OF VOLUNTEERS IS BASED ON THE NUMBER OF CLUB COMMITTEE MEMBERS. THE ONLY BENEFIT VOLUNTEERS RECEIVE IS SOME COMMITTEES MEET OVER A COMPLIMENTARY MEAL. FORM 990, PART VI, SECTION A, LINE 6 CHARLOTTE CITY CLUB, INC. IS ORGANIZED AS A NON-PROFIT CORPORATION WITH MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE PREPARES A LIST OF CANDIDATES, FROM WHICH THE MEMBERS ELECT THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS HAVE THE RIGHT TO APPOINT MEMBERS BETWEEN ELECTIONS IN THE EVENT OF A VACANCY. MEMBERS MAY ALSO WRITE IN CANDIDATES FOR ELECTION TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER AND THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF ALL CLUB OFFICERS, REVIEW THE FORMS 990 AND 990-T. ONCE ALL REVISIONS ARE COMPLETE, THE TREASURER SIGNS THE FORMS, AND COPIES ARE MADE AVAILABLE TO THE BOARD OF GOVERNORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE FINANCE COMMITTEE REVIEWS THE CONFLICT OF INTEREST POLICY. EACH NEW MEMBER OF THE BOARD OF GOVERNORS MUST READ AND SIGN THE POLICY, AND ANNUALLY THEREAFTER. IN THE EVENT OF SUCH CONFLICT, INTERESTED PARTIES ARE REQUIRED TO GIVE NOTICE OF ANY CONFLICT THAT ARISES DURING HIS/HER TERM. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS ANNUALLY WITH THE GENERAL MANAGER TO CONDUCT A PERFORMANCE REVIEW AND ESTABLISH AN EXECUTIVE COMPENSATION PACKAGE FOR THE NEXT TWELVE MONTHS. AS PART OF THE COMPENSATION REVIEW, A STUDY IS DONE OF COMPARABLE CITY CLUBS AND TOP EXECUTIVE COMPENSATION. MINUTES OF THIS MEETING, ALONG WITH A FORMAL WRITTEN AGREEMENT, ARE SUBMITTED TO THE CONTROLLER FOR RECORD KEEPING PURPOSES. THE GENERAL MANAGER'S PERFORMANCE IS REVIEWED BY THE EXECUTIVE COMMITTEE AS OUTLINED IN THE CLUB'S BY-LAWS. THE EXECUTIVE COMMITTEE IS MADE UP OF ALL THE OFFICERS OF THE CLUB AND THE CHAIR OF THE HOUSE COMMITTEE. THE GENERAL MANAGER IS THE ONLY KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST, CLUB DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR REVIEW. FORM 990, PART XI, LINE 2C, FINANCE COMMITTEE THE FINANCE COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED FROM THE PRIOR YEAR. CHARLOTTE CITY CLUB FOUNDATION INC 121 WEST TRADE STREET SUITE 3100 CHARLOTTE NC 28202 453816272 PUBLIC CHARITABLE ORGANIZATION NC 501(C)(3) LINE 7 CHARLOTTE CITY CLUB INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0