2012-05-11T13:09:39-05:00 2011-12-31 750786316 WEAVER AND TIDWELL LLP 2821 W 7TH STREET SUITE 700 FORT WORTH TX 76107 990 2011-01-01 751282255 SHADY OAKS COUNTRY CLUB INC SHAD 8177323333 320 ROARING SPRINGS ROAD FORT WORTH TX 76114 FRANK MILLET 8177323333 2012-05-10 1 DANIEL M STEWART P00415184 8173327905 2011 2016-02-24 21:20:13Z FRANK MILLET 320 ROARING SPRINGS ROAD FORT WORTH TX 76114 9457819 0 X WWW.SHADYOAKSCLUB.COM X 1968 TX PROVIDE RECREATIONAL SERVICES AND SOCIAL ACTIVITIES TO MEMBERS OF THE CLUB. 14 14 211 0 389551 43459 0 0 8490907 8795613 33578 27705 201240 189892 8725725 9013210 0 0 0 0 4396008 4456717 0 0 0 4005996 4304306 8402004 8761023 323721 252187 18699418 18678361 1201082 811838 17498336 17866523 X PROVIDE RECREATIONAL SERVICES AND SOCIAL ACTIVITES TO MEMBERS OF THE CLUB. 0 0 2651569 5641779 PROVIDE RECREATIONAL SERVICES AND SOCIAL ACTIVITES TO MEMBERS OF THE CLUB. 2509345 2022311 FOOD AND BEVERAGE - PROVIDES MEALS AND BEVERAGES TO ALL MEMBERS. 792659 1189714 GOLF SHOP AND CART - PROVIDES GOLF SERVICES TO MEMBERS. 238535 31580 TENNIS AND SWIMMING - PROVIDES TENNIS AND SWIMMING ACTIVITIES TO MEMBERS. 139841 162625 HEALTH AND FITNESS 378376 194205 6331949 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 0 0 0 0 1 60 0 1 211 1 1 1 0 0 0 0 1274237 360658 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 1 1 0 X STEVE SHIELDS CONTROLLER 8177323333 320 ROARING SPRINGS ROAD FORT WORTH TX 76114 ROBERT STENNETT X X 0 0 0 FRANK MILLET X X 0 0 0 BRIAN HULL X X 0 0 0 MARTY SEARCY X X 0 0 0 TIM MAUSER X 0 0 0 JOHN MCKNIGHT X 0 0 0 JAMES PEEBLES X 0 0 0 FRED REYNOLDS X 0 0 0 WALT REYNOLDS X 0 0 0 HOLLIS SULLIVAN X 0 0 0 WILLIAM VAN WYK X 0 0 0 ROGER NEELY X 0 0 0 KRISS MYERS X 0 0 0 ROBERT SMITH X 0 0 0 MIKE WRIGHT 40.00 X 240598 0 26440 CHAD CRUSON 40.00 X 198672 0 22115 BRENT DOOLITTLE 40.00 X 190184 0 19123 STEVE SHIELDS 40.00 X 149033 0 28057 778487 0 95735 4 0 1 0 BEN E KEITH 601 E 7TH ST FORT WORTH TX 76102 FOOD SERVICES 383000 MUCKLEROY-FALLS CONSTRUCTION 1635 RODGERS RD FORT WORTH TX 76107 CONSTRUCTION 239000 NIKE USA ONE BOWERMAN DR BEAVERTON OR 97005 MERCHANDISE 128000 CLUB CAR 4840 MARK IV PARKWAY FORT WORTH TX 76106 GOLF CARTS 107000 4 MEMBERSHIP DUES AND AS 900099 5641779 5641779 FOOD & BEVERAGE CHARGE 722100 2021429 2021429 GOLF SHOP & CART RENTA 713990 932845 586323 346522 HEALTH AND FITNESS/LOC 713990 162223 162053 170 TENNIS & SWIM. FEES 713940 37337 23371 13966 8795613 27705 27705 613054 444609 168445 168445 LATE FEES 900099 12737 12737 MISCELLANEOUS 900099 8710 1188 7522 21447 9013210 8616137 389551 7522 697132 476345 220787 3108852 2546779 562073 118527 118527 213597 155096 58501 318609 266077 52532 11199 11199 114685 114685 1533707 659478 874229 995028 894942 100086 FOOD AND BEVERAGE 960988 960988 GENERAL CLUBHOUSE OPERA 316455 316455 GOLF SHOP AND CART 289128 289128 TENNIS AND SWIMMING 43327 43327 39789 39789 8761023 6331949 2429074 0 229702 522498 2447196 2974669 1201948 633408 841083 757205 216981 209211 98520 125169 22867612 9411411 13663988 13456201 18699418 18678361 320150 373741 483548 138155 397384 299942 1201082 811838 X 17498336 17866523 17498336 17866523 18699418 18678361 X 252187 116000 X X 0 1 1 X 0 278484 278484 12577993 2687485 9890508 6142345 3873644 2268701 2548485 1894063 654422 1320305 956219 364086 13456201 OTHER CURRENT LIABILITIES 101848 DEFERRED INCOME, NONCURRENT 198094 299942 9013210 8761023 252187 116000 116000 368187 9457819 444609 444609 9013210 0 9013210 9205632 444609 444609 8761023 0 8761023 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TAX POSITIONS TAKEN RELATED TO THE CLUBS UNRELATED BUSINESS INCOME AND ITS TAX EXEMPT STATUS AS A NONPROFIT ORGANIZATION FOR FEDERAL TAX PURPOSES HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE CLUB WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE CLUB HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. AS OF DECEMBER 31, 2011, THE CLUBS TAX YEARS 2008 TO 2010 REMAIN SUBJECT TO EXAMINATION. PART XI, LINE 8 - OTHER ADJUSTMENTS: RESIDENT EQUITY INVESTMENT 185,000. DISTRIBUTIONS OF EQUITY INTERESTS -69,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: 116,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 444,609. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 444,609. X X X 0 0 0 MIKE WRIGHT 197000 0 40574 0 3024 0 4925 0 21515 0 267038 0 0 0 CHAD CRUSON 162000 0 32972 0 3700 0 600 0 21515 0 220787 0 0 0 BRENT DOOLITTLE 150000 0 28772 0 11412 0 4799 0 14324 0 209307 0 0 0 STEVE SHIELDS 130861 0 16572 0 1600 0 6542 0 21515 0 177090 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A 501(C)(7) SOCIAL CLUB WITH MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF GOVERNORS IS ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CONTROLLER OF THE ORGANIZATION WHO THEN PRESENTS IT TO THE PRESIDENT FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE DIRECTOR OF GOLF AND THE CLUB MANAGER ARE DETERMINED BY A SEPARATE COMPENSATION COMMITTEE THAT USES COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE DIRECTOR OF GOLF AND THE CLUB MANAGER. FORM 990, PART VI, SECTION C, LINE 18 A COPY OF THE ORGANIZATION'S FORM 1024 AND FORMS 990 AND 990-T ARE AVAILABLE TO THE GENERAL PUBLIC THROUGH THE BUSINESS OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONAL DOCUMENTS AND CURRENT AUDITED FINANCIALS ARE AVAILABLE THROUGH THE BUSINESS OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: RESIDENT EQUITY INVESTMENT 185,000. DISTRIBUTIONS OF EQUITY INTERESTS -69,000. TOTAL TO FORM 990, PART XI, LINE 5: 116,000. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED