2013-05-10T08:44:29-05:00 2012-12-31 BDO USA LLP 330 N Wabash Suite 3200 CHICAGO IL 60611 990 2012-01-01 360898010 The Chicago Club % LINDA HOLMES CHIC 3124271825 81 EAST VAN BUREN ST Suite CHICAGO IL 60605 Jay Henderson 3124271825 2013-05-08 true Rebekuh Eley 3128569100 2012 2016-02-24 21:20:13Z R EDEN MARTIN 81 EAST VAN BUREN ST CHICAGO IL 60605 7410294 false X WWW.THECHICAGOCLUB.ORG X 1869 IL THE CHICAGO CLUB IS AND SHALL CONTINUE TO BE THE PREMIER CLUB serving THE BUSINESS, CIVIC, EDUCATIONAL & philanthropic leaders, by providing OUTSTANDING DINING, SERVICE, AND CLUBHOUSE FACILITIES. 11 11 81 11 486220 139806 0 0 5414849 5588252 20415 29686 1107247 1171222 6542511 6789160 0 0 0 0 3392814 3654273 0 0 0 2177664 2349948 5570478 6004221 972033 784939 11047656 11648520 6057583 6424474 4990073 5224046 THE CHICAGO CLUB IS AND SHALL CONTINUE TO BE THE PREMIER CLUB IN THE CITY OF CHICAGO, SERVING THE BUSINESS, CIVIC, EDUCATIONAL, AND PHILANTHROPIC LEADERS, AND THEIR FAMILIES, BY PROVIDING A PRIVATE CLUB WITH OUTSTANDING DINING, SERVICE, AND CLUBHOUSE FACILITIES. false false PRIVATE SOCIAL CLUB PROVIDING DINING & CLUBHOUSE FACILITIES FOR THE BENEFIT OF ITS MEMBERS. false false false false false false false false false true false false true true true 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 false true 84 0 true 81 true true true false false false false 1181345 358032 false X 11 11 false false false false true true false true true false false true true true true true true true true false X LINDA HOLMES 3124271825 81 EAST VAN BUREN ST CHICAGO IL 60605 X ANTHONY K ANDERSON 1.0 X 0 JAY L HENDERSON 1.0 X X 0 FREDERICK H WADDELL 1.0 X X 0 JOHN A CANNING JR 1.0 X X 0 THOMAS A COLE 1.0 X X 0 SHEILA A PENROSE 1.0 X 0 BRYANT L KEIL 2.0 X X 0 DAVID B SPEER 1.0 X X 0 CHARLES A TRIBBETT III 1.0 X 0 MILES D WHITE 1.0 X 0 LARRY D RICHMAN 1.0 X 0 FRANK T STOVER 40.0 X 312163 43460 THOMAS WALBERG 40.0 X 126886 14405 439049 57865 2 false true false Gary Lee Partners 360 W Superior Street CHICAGO IL 60654 REMODELING 278811 Takao Nagai 1755 Armitage Avenue CHICAGO IL 60622 Repairs 404756 Anderson Elevator 2801 South 19th Ave BROADVIEW IL 60155 Remodeling 218555 WMA Consulting 815 South Wabash Avenue CHICAGO IL 60605 Consulting 114985 4 0 MEMBERSHIP DUES 713910 2897588 2897588 INITIATION FEES & CAPITAL ASSESSMENTS 713910 1181345 1181345 FOOD & BEVERAGE DEPARTMENT 713910 918592 918592 OVERNIGHT ROOMS 713910 573713 290079 283634 TELEPHONE 713910 434 434 16580 4842 11738 5588252 29686 0 29686 0 0 202852 91205 111647 0 111647 111647 0 0 0 1589504 529929 1059575 1010060 49515 0 6789160 6302940 486220 0 0 0 0 355623 0 1951522 443059 709987 194082 0 0 45490 0 0 0 175155 8712 158299 64697 0 657195 0 0 11905 0 0 629734 7146 EQUIPMENT RENTAL & MAINTENANCE 251914 SUPPLIES 220064 MISCELLANEOUS EXPENSES 65497 INCOME TAX EXPENSE 54140 6004221 3000 3000 2717993 2447381 0 0 538199 385159 0 0 0 0 0 0 171069 173420 18954 15434 23310563 15514102 6873313 7796460 0 0 0 0 0 0 0 0 725128 827665 11047656 11648520 1075347 870951 0 0 957134 946920 0 0 0 0 0 0 0 0 0 0 4025102 4606603 6057583 6424474 X 4990073 5224046 0 0 0 0 4990073 5224046 11047656 11648520 X 784939 -550966 X false true X true false 768397 768397 2906787 2906787 6891984 5531710 1360274 12743395 9982392 2761003 7796461 QUALIFED DEFERRED COMPENSATION 807665 DEPOSIT 20000 827665 0 DEFERRED COMPENSATION PLAN 910211 ACCRUED POSTRETIREMENT BENEFIT 41659 ACCRUED PENSION COST 3654733 4606603 4765870 -2023290 -2023290 6789160 6789160 4531897 550966 550966 3980931 2023290 2023290 6004221 PART X, LINE 2, FIN 48 ASC Subtopic 740-10, "Accounting for Uncertainty in Income Taxes," requires that uncertain income tax positions be recorded in the financial statements at an amount that would most likely be realized assuming a review by the tax authorities. Management has assessed its income tax positions and believes any potential liability that might arise from a review by tax authorities would be immaterial to the financial statements taken as a whole. As of December 31, 2012, the Club's income tax returns for fiscal years 2009 and subsequent years are subject to examination by the IRS. PART XI, LINE 2D TOTAL EXPENSES NETTED AGAINST REVENUE PER THE FINANCIAL STATEMENTS - ($2,023,290) PART XII, LINE 2D INCREASE IN PENSION/POSTRETIREMENT LIABILITY - 550,966 PART XII, LINE 4B TOTAL EXPENSES NETTED AGAINST REVENUE PER THE FINANCIAL STATEMENTS - $2,023,290 X true true X X false true false FRANK T STOVER 241321 40000 30842 32689 10771 355623 0 SCHEDULE J, PART I, LINE 1A THE ORGANIZATION PROVIDES HOUSING ARRANGEMENTS TO THE CLUB MANAGER AS PART OF THE CONDITION OF THE EMPLOYEE'S CONTINUED EMPLOYMENT WITH THE CLUB IN ORDER TO MAINTAIN THE REQUIRED LEVEL OF SERVICE TO THE CLUB MEMBERS. Sch J, part I, line 4b the club has deferred compensation agreements with certain current key employees and two former ones. the current agreements are funded solely by the employees. monies deferred by current employees are invested in mutual funds which are stated at fair value on the statements of financial position. PART VI, LINES 6 & 7A ALL RESIDENT REGULAR MEMBERS, ASSOCIATE MEMBERS, SENIOR MEMBERS, AND RETIRED MEMBERS MAY BE ELIGIBLE TO VOTE AT OFFICIAL CLUB MEETINGS. ALL NON-RESIDENT REGULAR MEMBERS, ASSOCIATE MEMBERS, SENIOR MEMBERS, SURVIVING SPOUSE MEMBERS, UNITED STATES FEDERAL GOVERNMENT MEMBERS, FOREIGN CONSULATE MEMBERS, AND DISTINGUISHED SERVICE MEMBERS DO NOT HAVE VOTING PRIVILEGES. TO BE ELIGIBLE TO VOTE, MEMBERS MUST BE CURRENT IN ALL OF THEIR CLUB OBLIGATIONS. MEMBERS THAT ARE DELInQUENT ON THEIR CLUB OBLIGATIONS MAY NOT VOTE AT OFFICIAL CLUB MEETINGS. PART VI, LINE 11B THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, BDO USA, llp AND IS REVIEWED BY THE ORGANIZATION'S TREASURER. BEFORE FILING, A COPY OF FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR REVIEW, QUESTIONS, AND COMMENTS. PART VI, LINE 12C THE BOARD OF DIRECTORS AND GENERAL MANAGERS OF THE CLUB ARE REQUIRED TO SIGN DISCLOSURE STATEMENTS EACH YEAR ACKNOWLEDGING INTERESTS THAT COULD GIVE RISE TO CONFLICTS. PART VI, LINES 15A & 15B THE BOARD OF DIRECTORS USES A COMPENSATION SURVEY OR STUDY TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER, AND THE GENERAL MANAGER'S COMPENSATION IS THEN APPROVED BY THE BOARD. THE GENERAL MANAGER IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF KEY EMPLOYEES. PART VI, LINE 19 A PRIVATE MEMBER CLUB IS NOT REQUIRED TO MAKE GOVERNING DOCUMENTS, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. BUT, FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, LINE 9 INCREASE IN PENSION/POSTRETIREMENT LIABILITY - ($550,966)