2012-03-01T14:10:59-06:00 2011-09-30 MCPHILLIPS ROBERTS & DEANS PLC 150 BOUSH STREET SUITE 1100 NORFOLK VA 23510 990 2010-10-01 540346990 PRINCESS ANNE COUNTRY CLUB PRIN 7574284141 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 ROBERT M WARREN JR 2012-02-17 JAMES E PRINCE III 7576407190 2010 2016-02-24 21:20:13Z ROBERT M WARREN JR 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 8482171 false X WWW.PRINCESSANNECC.COM X 1916 VA SEE PART III, LINE 1 16 16 257 0 194600 43416 8094 5491825 6374998 0 0 1136017 1193137 6671258 7576229 0 0 0 0 3245262 3456460 0 0 0 4020083 3781562 7265345 7238022 -594087 338207 23637920 23476332 13020577 12744876 10617343 10731456 TO OFFER QUALITY SOCIAL AND ATHLETIC SERVICES AND FIRST RATE FACILITIES TO MEET THE NEEDS OF MEMBERS AND THEIR FAMILIES IN A COMFORTABLE ATMOSPHERE AND HOME-AWAY-FROM-HOME ENVIRONMENT,CONSISTENT WITH THE LONG-STANDING VALUES, TRADITIONS, HISTORY, AND UNIQUE CULTURE OF THE CLUB. false false N/A false false false false false false false false true false false false true false 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 false 33 0 true 257 true true true false false false false 489774 328071 false X 16 16 false false false false true true true true true false false false true true true true true true true false X X THE CLUB 7574284141 3800 PACIFIC AVENUE NORFOLK VA 23451 HUNTER W SIMS JR ESQ 1.0 X X 0 0 0 JOHN L GIBSON III 1.0 X X 0 0 0 LESLIE R WATSON ESQ 1.0 X X 0 0 0 ROBERT M WARREN JR 1.0 X X 0 0 0 THOMAS BARTON III 0.5 X 0 0 0 JAMES SCOTT CUTCHIN 0.5 X 0 0 0 S RANDALL LUCAS 0.5 X 0 0 0 FRANCIS B SIMKINS JR 0.5 X 0 0 0 BRUCE A BERLIN 0.5 X 0 0 0 KENNETH M JONES 0.5 X 0 0 0 JEFFREY L MARKS ESQ 0.5 X 0 0 0 JENNIFER DRAGAS STEDFAST 0.5 X 0 0 0 ANDREW J DOWNING 0.5 X 0 0 0 ELLEN O KEETER 0.5 X 0 0 0 RICK O'PRY 0.5 X 0 0 0 B GRAY RANDOLPH 0.5 X 0 0 0 WILLIAM S SHONK CCM 60.0 X 172205 0 27182 MATT BOYCE 40.0 X 127214 0 0 299419 0 27182 2 false true false 0 8094 8094 MEMBER DUES 713910 3329597 3329597 GOLF SHOP/COURSE 713910 957716 925260 32456 ASSESSMENT INCOME 713910 1172345 1172345 INITIATION FEES 713910 489774 489774 TENNIS 713910 131573 130547 1026 293993 293581 412 6374998 0 0 0 0 0 0 2097015 905942 1191873 1031167 160706 INTEREST FROM MEMBERS 713910 1264 1264 1264 7576229 7373535 194600 0 0 0 0 0 0 2931204 65204 193324 266728 0 0 0 0 0 0 63341 8000 16951 0 0 379625 12716 0 0 599154 0 1083403 154633 SUPPLIES 343630 EQUIPMENT REPAIR & MAINTENANCE 276049 TAXES AND LICENSES 194141 MEMBER ENTERTAINMENT 134334 TOURNAMENT EXPENSE 126024 389561 7238022 383810 832011 82438 7092 608350 690873 89528 88729 69789 79288 29791845 8626492 21737657 21165353 666348 612986 23637920 23476332 582801 556449 131202 148599 10644927 10215472 1661647 1824356 13020577 12744876 X 10534905 10724364 82438 7092 10617343 10731456 23637920 23476332 X 338207 -224094 X false true true X false 2207649 2207649 14714868 3533108 11181760 7783859 1965544 5818315 4564553 2742054 1822499 520916 385786 135130 21165353 0 INTEREST RATE SWAP 1219393 ASSESSMENTS - NONCURRENT 225634 INITIATION FEES - NONCURRENT 379329 1824356 7576229 7238022 338207 -224094 -224094 114113 8481372 905143 905143 7576229 7576229 8367259 224094 905143 1129237 7238022 7238022 PART XI, LINE 8 - OTHER ADJUSTMENTS UNREALIZED LOSS ON DERIVATIVE FINANCIAL INSTRUMENT $224,094 PART XII, LINE 2D - OTHER ADJUSTMENTS COST OF GOODS SOLD $905,143 REPORTED ON PART VIII LINE 10B FORM 990 PART XIII, LINE 2D - OTHER ADJUSTMENTS COST OF GOODS SOLD $905,143 REPORTED ON PART VIII LINE 10B FORM 990 X X false false false WILLIAM S SHONK CCM 147705 0 24500 0 0 0 23029 0 4153 0 199387 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE PRINCESS ANNE COUNTRY CLUB IS AN EXCLUSIVE CLUB AVAILABLE FOR USE ONLY BY MEMBERS AND THEIR GUESTS. POTENTIAL MEMBERS MUST BE RECOMMENDED TO THE BOARD OF DIRECTORS BY CURRENT VOTING MEMBERS AND APPROVED BY THE BOARD IN ORDER TO BECOME A NEW MEMBER. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS OF THE CLUB (NOT ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. REGULAR MEMBERS MAY PARTICIPATE IN VOTES BY THE BOARD OF DIRECTORS, INCLUDING VOTES FOR MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS OF THE CLUB (NOT ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. REGULAR MEMBERS MAY PARTICIPATE IN VOTES BY THE BOARD OF DIRECTORS, AND IN ESSENCE, APPROVE OR DISAPPROVE DECISIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 11b FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE, THE GENERAL MANAGER, THE CONTROLLER, AND THE CLUB TREASURER FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15b THE BOARD OF DIRECTORS USES INDUSTRY STANDARDS MIXED WITH EMPLOYEE PERFORMANCE TO DETERMINE COMPENSATION FOR THE GENERAL MANAGER. THE GENERAL MANAGER ALONG WITH THE BOARD OF DIRECTORS USE INDUSTRY STANDARDS AS WELL AS EMPLOYEE PERFORMANCE IN DETERMINING COMPENSATION FOR OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE 990 WILL BE AVAILABLE THROUGH GUIDESTAR'S WEBSITE. HARD COPIES WILL BE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS ONLY BY REQUEST. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE PRINCESS ANNE COUNTRY CLUB FOR ITS DIRECTORS TO ADHERE TO THE GENERAL STANDARDS OF CONDUCT SET FORTH IN VA CODE SECTION 13.1-690 AND 13.1-691.