2012-09-24T14:28:28-05:00 2011-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY 1200 PORTLAND OR 97205 990 2011-01-01 930232310 MULTNOMAH ATHLETIC CLUB MULT 5032236251 1849 SW SALMON STREET PORTLAND OR 97205 NORMAN RICH 5032236251 2012-09-18 1 WENDY CAMPOS P00448102 5032421447 2011 2016-02-24 21:20:13Z NORMAN RICH 1849 SW SALMON STREET PORTLAND OR 97205 32362285 0 X WWW.THEMAC.COM X 1891 OR PRIVATE ATHLETIC CLUB 12 12 627 800 642347 353501 0 0 23712689 24078867 296597 266339 4919506 5405287 28928792 29750493 23412 22872 0 0 15259521 15796074 0 0 0 10881573 10912694 26164506 26731640 2764286 3018853 56770432 59315830 7422183 7220709 49348249 52095121 ENRICHING LIVES, FOSTERING FRIENDSHIPS AND BUILDING UPON OUR TRADITIONS OF EXCELLENCE IN ATHLETIC, SOCIAL AND EDUCATIONAL PROGRAMS. 0 0 THE MULTNOMAH ATHLETIC CLUB IS A PRIVATE CLUB WITH APPROXIMATELY 12,000 PAYING MEMBERS. PROGRAM SERVICES ARE RENDERED PRINCIPALLY IN CONNECTION WITH ATHLETIC AND ENTERTAINMENT SERVICES. 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 127 0 1 627 1 1 1 0 0 0 0 1692704 337402 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN R FOLEY 5035177202 1849 SW SALMON STREET PORTLAND OR 97205 DARWIN GREEN 12.00 X X 0 0 0 KIM SISUL 6.00 X X 0 0 0 JOHN CARR 6.00 X X 0 0 0 MIKE BUCKLEY 6.00 X X 0 0 0 BILL JUNE 6.00 X X 0 0 0 VICKI TAGLIAFICO 6.00 X X 0 0 0 RON NEIGER 6.00 X X 0 0 0 LISA CAPLAN GIARD 6.00 X X 0 0 0 ANN BLUME 6.00 X 0 0 0 CARL BURNHAM III 6.00 X 0 0 0 JIM CLEARY 6.00 X 0 0 0 DAVID DEBLASIO 6.00 X 0 0 0 GWEN FARNHAM 6.00 X 0 0 0 DARCY HENDERSON 6.00 X 0 0 0 CRAIG IVERSON 6.00 X 0 0 0 DWIGHT TERRY 6.00 X 0 0 0 NORMAN RICH 40.00 X 567126 0 37682 TIM ARBOGAST 40.00 X 197515 0 19466 PHILIPPE BOULOT 40.00 X 202763 0 18618 EDWARD STONER 40.00 X 157823 0 18174 WALDEMAR HOLOWETSKI 40.00 X 143877 0 13929 WAYNE PICKARD 40.00 X 157708 0 13992 IRVYN SEGAL 40.00 X 126724 0 12996 1553536 0 134857 14 0 1 0 RODNEY STEVEN TUTHILL 9820 SW REGAL DR PORTLAND OR 97225 HAIR SALON OPERATOR 423011 1 MEMBERSHIP DUES 713940 20985918 20985918 ATHLETIC ACTIVITIES 713940 1649426 1649426 LOCKER RENTALS 713940 1223083 1223083 MISC CHARGES 713940 220440 220440 24078867 397444 249080 148364 130714 0 130714 130714 130714 4220 135325 -131105 -131105 -131105 7476207 2476467 4999740 4973164 26576 ADVERTISING/MAGAZINE 511120 274833 -91858 366691 274833 29750493 29090887 642347 17259 22872 821789 11101734 657411 1755433 1459707 20963 61000 58680 150 241836 197021 2731708 30075 3420781 EQUIPMENT RENTAL/MAINT 1490992 ATHLETICS 657920 SECURITY/PARKING 374785 INCOME TAX ON UBI 136295 1490488 26731640 4724383 4224900 4959977 4958756 379710 376416 346585 597726 83899836 48103278 33095102 35796558 13237964 13361474 26711 0 56770432 59315830 1949510 1865000 5472673 5309208 46501 7422183 7220709 X 49348249 52095121 49348249 52095121 56770432 59315830 X 3018853 -271981 X 0 1 1 X 0 1989882 1989882 46847665 28591839 18255826 8021597 786743 7234854 24362983 18724696 5638287 2677709 2677709 35796558 46501 46501 29750493 26731640 3018853 -265465 -6516 -271981 2746872 32187209 -265465 -265465 32452674 -2702181 -2702181 29750493 29440337 2708697 2708697 26731640 0 26731640 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CLUB RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN TAXES ON UNRELATED BUSINESS INCOME. DURING THE YEARS ENDED DECEMBER 31, 2011 AND 2010, THE CLUB RECOGNIZED NO INTEREST AND PENALTIES. IN ACCORDANCE WITH THE REQUIREMENTS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE CLUB DETERMINED THAT IT HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2011 AND 2010. THE CLUB FILES AN EXEMPT ORGANIZATION INCOME TAX RETURN AND AN UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND A COPY WITH THE STATE DEPARTMENT OF REVENUE. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE/LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: TIDRICK TRUST EIN: 93-6312594 -6,516. PART XII, LINE 4B - OTHER ADJUSTMENTS: TIDRICK TRUST EIN: 93-6312594 6,516. COST OF GOODS SOLD -2,708,697. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,708,697. 0 MULTNOMAH ATHLETIC FOUNDATION 1849 SW SALMON STREET PORTLAND OR 97205 931014651 501(C)(3) 7000 FUNDING FOR YOUTH SPORTS PROGRAMS IN THE AREA 1 0 X X X X X 0 0 0 NORMAN RICH 432552 0 119802 0 14772 0 21641 0 16041 0 604808 0 0 0 TIM ARBOGAST 166707 0 30808 0 0 0 11209 0 8257 0 216981 0 0 0 PHILIPPE BOULOT 172170 0 30593 0 0 0 10361 0 8257 0 221381 0 0 0 EDWARD STONER 133823 0 24000 0 0 0 9917 0 8257 0 175997 0 0 0 WALDEMAR HOLOWETSKI 142690 0 1187 0 0 0 8708 0 5221 0 157806 0 0 0 WAYNE PICKARD 156521 0 1187 0 0 0 8714 0 5278 0 171700 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS THE FOLLOWING MEMBERSHIP CLASSES: ADULT RESIDENT; ADULT NONRESIDENT; JUNIOR AND INTERMEDIATE; AND ATHLETIC, CIVIL AND SOCIAL. ONLY ADULT RESIDENT MEMBERS HAVE THE RIGHT TO VOTE; ONLY ADULT RESIDENT AND ADULT NONRESIDENT MEMBERS ARE ENTITLED TO DISSOLUTION RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ADULT RESIDENT MEMBERS HAVE THE RIGHT TO VOTE AT ALL MEETINGS OF MEMBERS AND ARE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO THE MEMBERSHIP. ONLY ADULT RESIDENT MEMBERS ARE ELIGIBLE TO BE ELECTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS E-MAILED TO THE AUDIT COMMITTEE FOR REVIEW. THE FORM IS THEN E-MAILED TO THE FULL BOARD BEFORE BEING SIGNED BY THE GENERAL MANAGER AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEWS ARE CONDUCTED TO ENFORCE THE CONFLICT OF INTEREST POLICY. NEW STATEMENTS ARE SIGNED EACH YEAR BY NEW BOARD MEMBERS, AND MEMBERS WITH A CONFLICT ARE ASKED TO ABSTAIN FROM VOTING IF A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT AND A COMPENSATION COMMITTEE MADE UP FROM MEMBERSHIP MEET AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR MANAGEMENT'S SALARY AND BENEFITS PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION IS A PRIVATELY HELD OPERATING ENTITY UNDER IRC SECTION 501(C)(7). GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE AND ARE THEREFORE NOT MADE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -265,465. TIDRICK TRUST EIN: 93-6312594 -6,516. TOTAL TO FORM 990, PART XI, LINE 5: -271,981.