2013-07-15T09:47:43-05:00 2012-11-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-12-01 410778776 WAYZATA COUNTRY CLUB WAYZ 6124759753 200 WAYZATA BLVD W WAYZATA MN 55391 CHRIS GERARDI 6124759753 2013-07-10 1 LAWRENCE H MOHR CPA P00447603 6128764500 2011 2016-02-24 21:20:13Z CHRIS GERARDI 200 WAYZATA BLVD W WAYZATA MN 55391 7752143 0 X WWW.WAYZATACC.COM X 1956 MN COUNTRY CLUB 15 15 292 0 24796 0 0 0 4720857 4499220 1256 900 2288503 2027624 7010616 6527744 0 0 0 0 3706533 3870651 0 0 0 3574562 3197800 7281095 7068451 -270479 -540707 18314107 17325830 6543037 5781854 11771070 11543976 X WAYZATA COUNTRY CLUB SHALL BE A PREMIER, FAMILY-ORIENTED PRIVATE COUNTRY CLUB PROVIDING THE MEMBERS AND THEIR GUESTS WITH CHAMPIONSHIP GOLF, EXCELLENT DINING, A VARIETY OF YEAR-ROUND RECREATIONAL ACTIVITIES, AND OPPORTUNITIES FOR QUALITY SOCIAL INTERACTION. 0 0 WAYZATA COUNTRY CLUB IS A PRIVATE, MEMBER OWNED CLUB LOCATED IN PICTURESQUE WAYZATA, MINNESOTA. RICH IN TRADITION, WAYZATA CC IS MORE THAN A COUNTRY CLUB; IT'S A HOME WHERE FAMILIES COME TOGETHER. THE TUDOR STYLE CLUBHOUSE SITS AMONG BEAUTIFUL GREENS, FLOWER GARDENS AND AGED OAKS; AN INVITING, RELAXING ENVIRONMENT AWAY FROM THE METROPOLITAN BUSTLE. IN ADDITION TO 18-HOLES OF CHAMPIONSHIP GOLF, OUR NEW 6-HOLE SHORT COURSE HOSTS THE AREA'S PREMIER JUNIOR GOLF ACADEMY. OUR CLUBHOUSE FEATURES CASUAL AND FORMAL DINING WITH A BEAUTIFUL ATMOSPHERE, EXQUISITE SERVICE AND THE HIGHEST QUALITY CUISINE. COME ENJOY A REJUVENATING MASSAGE IN OUR EUROPEAN SPA, OR TAKE PERSONAL GOLF OR TENNIS LESSONS FROM OUR PROFESSIONAL STAFF. OUR TENNIS FACILITY FEATURES SUPERIORLY CONDITIONED CLAY COURTS, HARD COURTS, AND HEATED YEAR-ROUND PLATFORM COURTS. THE POOL AREA, WITH OUR NEWLY REMODELED ZERO ENTRY KIDDIE POOL BOASTS PLAYFUL WATER FEATURES. OUR LARGE POOL IS A PLACE OF RELAXATION FOR MEMBERS IN THE HOT MINNESOTA SUMMER MONTHS, AND A HOST TO A COMPETITIVE AQUATICS PROGRAM. IN THE WINTER, MEMBERS STAY ACTIVE WITH PLATFORM TENNIS, OUR TRAP AND SKEET RANGE, AND WINTER WONDERLAND WHICH INCLUDE ICE SKATING, HOCKEY, SLEDDING, CROSS-COUNTRY SKIING, AND SNOWSHOEING. SKIERS CAN LEAVE THE ROLLING FAIRWAYS TO FOLLOW THE TRAILS ON THE GROOMED LUCE LINE, EXTENDING MILES TO THE WEST. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 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 0 1 14 0 1 292 1 1 1 0 0 0 0 666711 684685 0 X 15 15 0 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 1 1 0 0 MN X LEE WALTERS 9524759755 200 WAYZATA BLVD WEST WAYZATA MN 55391 MIKE MAGLICH 10.00 X X 0 0 0 BOB GRIFFIN 10.00 X X 0 0 0 JOE KINNING 2.00 X X 0 0 0 JAY KERNAN 2.00 X X 0 0 0 BENJAMIN SMITH 1.00 X 0 0 0 JIM FREYTAG 1.00 X 0 0 0 GREGG SIMON 1.00 X 0 0 0 JOE BOVEE 1.00 X 0 0 0 DEBI CLAYTON 1.00 X 0 0 0 LISA SMITH 1.00 X 0 0 0 TOM PRICE 1.00 X 0 0 0 GEORGE SUTTON 1.00 X 0 0 0 REID PORTER 1.00 X 0 0 0 TERESA STEWART 1.00 X 0 0 0 HOLLY PIHL 1.00 X 0 0 0 CHRIS GERARDI 60.00 X 219538 0 17652 JAY FRITZKE 50.00 X 109992 0 13575 DICK WALTERS 50.00 X 164280 0 11324 493810 0 42551 3 0 1 0 US FOOD SERVICE 9605 54TH AVE N MINNEAPOLIS MN 55442 FOOD & KITCHEN SUPPLIES 380952 HEALTH PARTNERS 8170 33RD AVE S BLOOMINGTON MN 55425 HEALTH & DENTAL INSURANCE 281493 US BANK US BANCORP CENTER 800 NICOLLET M MINNEAPOLIS MN 55402 CREDIT CARD 265169 SUPERIOR TURF SERVICES 17525 LORENCE WAY EDEN PRAIRIE MN 55346 AG SERVICE 154218 TAYLOR MADE GOLF COMPANY INC 5545 FERMI COURT CARLSBAD CA 920087324 GOLF EQUIPMENT & CLOTHING 101616 5 MEMBER DUES & INITIATI 713910 3664232 3664232 OTHER PROGRAM RELATED 713910 834988 834988 4499220 900 900 3153014 1224399 1928615 1904719 23896 INSURANCE PROCEEDS 900000 99009 99009 99009 6527744 6502948 24796 0 490340 2785848 343835 250628 20000 221826 333372 1126968 98258 GROUNDS 450795 FOOD & BEVERAGE 274881 GENERAL & ADMINISTRATIV 273827 CLUBHOUSE 221279 176594 7068451 1095128 768961 616596 611843 30000 296335 301959 77475 103016 26808198 11268147 16198573 15540051 18314107 17325830 925688 986867 273459 282558 5343890 4512429 6543037 5781854 X 11771070 11543976 11771070 11543976 18314107 17325830 X -540707 313613 X X 0 1 1 X 0 130913 130913 14191805 5121251 9070554 4964683 4087324 877359 7520797 2059572 5461225 15540051 6527744 7068451 -540707 313613 313613 -227094 7752143 0 7752143 -1224399 -1224399 6527744 8292850 1224399 1224399 7068451 0 7068451 PART XI, LINE 8 - OTHER ADJUSTMENTS: MEMBER CAPITAL ASSESSMENTS 317,613. RETIRED MEMBER CERTIFICATES -4,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: 313,613. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,224,399. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,224,399. X X 0 0 0 CHRIS GERARDI 178518 0 35020 0 6000 0 3556 0 14096 0 237190 0 0 0 DICK WALTERS 149280 0 15000 0 0 0 1689 0 9635 0 175604 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS OF THE ORGANIZATION WERE CHANGED TO ADD SECTION 3.4.E. THE CHANGES WERE AS FOLLOWS: "THE EXECUTIVE COMMITTEE SHALL BE ESTABLISHED ON AN ANNUAL BASIS AS PROMPTLY AS PRACTICAL FOLLOWING THE ELECTION OF OFFICERS. THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF (I) THE PAST PRESIDENT, (II) THE OFFICERS AND (III) UP TO TWO ADDITIONAL INDIVIDUALS APPOINTED BY THE PRESIDENT WHO SHALL BE DIRECTORS AND CHAIRPERSONS OF A COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS WITH RESPECT TO (I) ALL EMPLOYMENT MATTERS, INCLUDING, WITHOUT LIMITATION, THE AUTHORIZATION OF EMPLOYMENT RETENTION OR TERMINATION AND ANY AGREEMENTS RELATED THERETO, (II) ALL MATTERS UNDER SECTION 4.7 OF THE BYLAWS, (III) ANY MATTER WHERE THE CLUB IS OR MAY REASONABLY BECOME ADVERSE TO AN INDIVIDUAL OR ENTITY, INCLUDING, WITHOUT LIMITATION, A MEMBER OR FORMER MEMBER, EXISTING OR FORMER EMPLOYEE, OR ANY OTHER INDIVIDUAL OR ENTITY, WHETHER SUCH MATTERS WOULD RESULT IN FORMAL LITIGATION OR OTHER ADVERSE PROCEEDINGS, AND (IV) MATTERS OTHERWISE SET FORTH IN THESE BYLAWS DELINEATING THE AUTHORITY THEREFORE TO THE EXECUTIVE COMMITTEE." ADDITIONALLY, OTHER MINORS CHANGES WERE MADE, INCLUDING THE ABILITY FOR DULY APPOINTED COMMITTEES TO FORM SUBCOMMITTEES AND DELEGATE ITS AUTHORITY TO THE SUBCOMMITTEE, AND FOR MEMBERS TO VOTE ELECTRONICALLY OR BY PROXY, AND FOR BOARD MEMBERS TO ATTEND BOARD MEETINGS VIA TELEPHONE CONFERENCE. FORM 990, PART VI, SECTION A, LINE 6 GOLF MEMBERSHIP - VARIOUS CATEGORIES MAY BE HELD BY ANY MEMBER. PRIVILEGES INCLUDE ALL GOLF SERVICES, PRACTICE FACILITY, POOL, TENNIS, AND ALL SOCIAL PRIVILEGES. AN INITIATION FEE, MONTHLY DUES AND A BI-MONTHLY FOOD PURCHASE MINIMUM ARE REQUIRED. POOL AND TENNIS MEMBERSHIP - PRIVILEGES INCLUDE USE OF DINING AREAS, LOUNGE AREAS AND MEETING ROOMS OF THE CLUBHOUSE, ALONG WITH PARTICIPATION IN ALL OF THE CLUB SOCIAL FUNCTIONS. MEMBERS HAVE FULL PRIVILEGES TO THE POOLS, TENNIS FACILITY AND TRAP AND SKEET. AN INITIATION FEE, MONTHLY DUES AND BI-MONTHLY FOOD PURCHASE MINIMUM ARE REQUIRED. SOCIAL MEMBERSHIP - PRIVILEGES INCLUDE USE OF THE RESTAURANT, LOUNGE AREAS AND MEETING ROOMS OF THE CLUBHOUSE, ALONG WITH PARTICIPATION IN ALL OF THE CLUB SOCIAL FUNCTIONS. AN INITIATION FEE AND MONTHLY DUES ARE REQUIRED. WIDOW MEMBERSHIP - MUST BE A WIDOW TO A SPOUSE THAT WAS A MEMBER FOR OVER 20 YEARS. HONORARY MEMBERSHIP - BESTOWED BY THE BOARD TO LONG-TERM FORMER EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A ALL CLASSES OF MEMBERSHIP VOTE ON THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST APPROVE ANY LONG-TERM DEBT IN EXCESS OF $500,000 THAT IS PROPOSED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER DOES A DETAILED REVIEW OF THE DRAFT 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS, BOARD MEMBERS, AND EXECUTIVE MANAGEMENT ARE COVERED UNDER THE POLICY. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL POTENTIAL CONFLICTS. ANY BOARD MEMBER WITH A CONFLICT IS REQUIRED TO ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT DOES AN ANNUAL COMPENSATION REVIEW FOR THE GENERAL MANAGER. COMPARABILITY DATA IS USED FOR THE PROCESS. THE CONTROLLER'S COMPENSATION IS DETERMINED BY THE GENERAL MANAGER, WHO CONSULTS LOCAL MARKET STANDARDS VIA A VARIETY OF PUBLISHED SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: MEMBER CAPITAL ASSESSMENTS 317,613. RETIRED MEMBER CERTIFICATES -4,000. TOTAL TO FORM 990, PART XI, LINE 5: 313,613. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT WAS CHANGED DURING THE TAX YEAR.