CHARLOTTE CITY CLUB INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CHARLOTTE CITY CLUB INC (EIN 56-0506447)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-14
- IRS object ID
- 201231359349301208
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T09:08:53-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 N ELM ST STE 1100 | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560506447 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLOTTE CITY CLUB INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHAR | NameControl |
| Phone | 7043344738 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 WEST TRADE STREET SUITE 3100 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRIAN COFFEY | Name |
| Title | TREASURER | Title |
| Phone | 7043344738 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TAMELA L GAINEY | Name |
| PTIN | P00437957 | PTIN |
| Phone | 3362724551 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GERALD BAYSDEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 WEST TRADE STREET SUITE 3100 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4711800 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CHARLOTTECITYCLUB.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1947 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE OF CHARLOTTE CITY CLUB, INC. (THE CLUB) IS TO OPERATE A PRIVATE DINING FACILITY FOR MEMBERS AND THEIR GUESTS. TO PROVIDE THE MEMBERS THE OPPORTUNITY TO CONVENE, SOCIALIZE AND RECREATE IN ORDER TO FORM A COMMON BOND OF FRIENDSHIP AND COMMUNITY. THE CLUB IS NOT OPEN TO THE GENERAL PUBLIC. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 72 | TotalNbrEmployees |
| Total Nbr Volunteers | 65 | TotalNbrVolunteers |
| Total Gross UBI | 265776 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 96062 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1568185 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1668698 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 129289 | InvestmentIncomePriorYear |
| Investment Income Current Year | 214594 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 530000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 883411 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2227474 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2766703 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 963082 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1099268 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1245526 | OtherExpensePriorYear |
| Other Expenses Current Year | 1271177 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2208608 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2370445 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 18866 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 396258 | RevenuesLessExpensesCY |
| Total Assets BOY | 9963105 | TotalAssetsBOY |
| Total Assets EOY | 10397299 | TotalAssetsEOY |
| Total Liabilities BOY | 687205 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 950299 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9275900 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9447000 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE CHARLOTTE CITY CLUB WILL BE THE "CLUB OF CHOICE" FOR BUSINESS AND SOCIAL ENTERTAINING BY PROVIDING SUPERB FOOD, SERVICE, ACTIVITIES AND ATMOSPHERE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE PURPOSE OF CHARLOTTE CITY CLUB, INC. (THE CLUB) IS TO OPERATE A PRIVATE DINING FACILITY FOR MEMBERS AND THEIR GUESTS. TO PROVIDE THE MEMBERS THE OPPORTUNITY TO CONVENE, SOCIALIZE AND RECREATE IN ORDER TO FORM A COMMON BOND OF FRIENDSHIP AND COMMINITY. THE CLUB IS NOT OPEN TO THE GENERAL PUBLIC. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 59 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 72 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Initiation Fees | $164,646 | InitiationFeesAmount |
| Gross Receipts | $476,065 | GrossReceiptsAmount |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEBORAH MULLINS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7043344738 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 WEST TRADE STREET SUITE 3100 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| GEORGE EDMISTON | ||||||||
| EX-OFFICIO | 1.00 | X | 0 | 0 | 0 | |||
| GERALD BAYSDEN | ||||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | X | ||
| DAVID PAGE | ||||||||
| 1ST VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | ||
| GRAHAM DENTON | ||||||||
| VICE PRESIDENT | 1.00 | X | 0 | 0 | 0 | X | ||
| MARTHA VISER CLONTZ | ||||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X | ||
| BRIAN COFFEY | ||||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X | ||
| RONNIE BRYANT | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| MARK ERWIN | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| BARBARA LAUGHLIN | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD M MCDERMOTT | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| J MICHAEL MCGUIRE | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| TIMOTHY NEWMAN | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| MARTIN RUEGSEGGER | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN SNYDER | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS TEMPLE | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| DONALD TONEY | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM WILLIAMSON | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| DR WILLIAM P WOOD | ||||||||
| GOVERNOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN C SCHARER | ||||||||
| GENERAL MANAGER | 55.00 | 313786 | 0 | 72158 | X | |||
| DANA C LOWNEY | ||||||||
| EXECUTIVE CHEF | 50.00 | 121108 | 0 | 24977 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 434894 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 97135 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TRYON TOWERS LLC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 WEST TRADE STREET SUITE 3050 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | RENT, UTILITIES & REPAIR | DescriptionOfServices |
| Compensation | 388112 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MEMBERSHIP FEES | 722100 | 1245301 | 1245301 |
| ROOM RENTALS | 721000 | 258751 | 258751 |
| INITIATION FEES | 722100 | 164646 | 164646 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1668698 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 137620 | TotalRevenueColumn |
| Unrelated Business Revenue | 111595 | UnrelatedBusinessRevenue |
| Exclusion | $26,025 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 346378 | Securities |
| Other | 90 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 268026 | Securities |
| Other | 1468 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 78352 | Securities |
| Other | -1378 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 76974 | TotalRevenueColumn |
| Related Or Exempt Function Income | 78352 | RelatedOrExemptFunctionIncome |
| Exclusion | -$1,378 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2559014 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1675603 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 883411 | TotalRevenueColumn |
| Related Or Exempt Function Income | 729230 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 154181 | UnrelatedBusinessRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2766703 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2476280 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 265776 | UnrelatedBusinessRevenue |
| Exclusion | $24,647 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385944 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 482475 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79978 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104226 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46645 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32243 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9051 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28416 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46926 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19412 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 476282 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6497 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8900 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 462848 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30547 | Total |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| REPAIRS & MAINTENANCE | 74105 |
| INCOME TAX EXPENSE | 19034 |
| OTHER TAXES & LICENSES | 165 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56751 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2370445 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 601258 | BOY |
| EOY | 854867 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206905 | BOY |
| EOY | 361111 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 279046 | BOY |
| EOY | 320371 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60355 | BOY |
| EOY | 53643 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69030 | BOY |
| EOY | 50047 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5820395 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3269034 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2952646 | BOY |
| EOY | 2551361 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5623336 | BOY |
| EOY | 6019207 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170529 | BOY |
| EOY | 186692 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9963105 | BOY |
| EOY | 10397299 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 495441 | BOY |
| EOY | 676943 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 180617 | BOY |
| EOY | 271753 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11147 | BOY |
| EOY | 1603 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 687205 | BOY |
| EOY | 950299 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9275900 | BOY |
| EOY | 9447000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9275900 | BOY |
| EOY | 9447000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9963105 | BOY |
| EOY | 10397299 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 396258 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -225158 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3787276 | OtherCostOrOtherBasis |
| Depreciation | 1916043 | Depreciation |
| Book Value | 1871233 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2033119 | OtherCostOrOtherBasis |
| Depreciation | 1352991 | Depreciation |
| Book Value | 680128 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2551361 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 1453 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | STATE INCOME TAXES PAYABLE | Description |
| Amount | $150 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1603 | TotalOfAmounts |
| Total Revenue | 2766703 | TotalRevenue |
| Total Expenses | 2370445 | TotalExpenses |
| Excess Or Deficit For Year | 396258 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -225158 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -225158 | TotalAdjustments |
| Excess Or Deficit Per FS | 171100 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2498251 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -225158 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -225158 | RevenueNotRptdF990 |
| Revenue Subtotal | 2723409 | RevenueSubtotal |
| Investment Expenses Not Included | 9051 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 34243 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 43294 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2766703 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2327151 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2327151 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 9051 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 34243 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 43294 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2370445 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE INTERNAL REVENUE SERVICE HAS GRANTED THE CLUB AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE TAX REFORM ACT OF 1969 IMPOSED A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS TAXABLE INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. PROVISION FOR APPLICABLE STATE AND FEDERAL INCOME TAXES IS MADE IN ACCORDANCE WITH THESE STATUTES. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | MEMBER LATE FEES SHOWN NET OF EXPENSES 34,243. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | MEMBER LATE FEES SHOWN NET OF EXPENSES 34,243. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN C SCHARER | NamePerson |
| Base Compensation Filing Org | 187318 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 125088 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 1380 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 58907 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 13251 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 385944 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART 1, LINE 6, TOTAL NUMBER OF VOLUNTEERS | THE NUMBER OF VOLUNTEERS IS BASED ON THE NUMBER OF CLUB COMMITTEE MEMBERS. THE ONLY BENEFIT VOLUNTEERS RECEIVE IS SOME COMMITTEES MEET OVER A COMPLIMENTARY MEAL. | |
| FORM 990, PART VI, SECTION A, LINE 6 | CHARLOTTE CITY CLUB, INC. IS ORGANIZED AS A NON-PROFIT CORPORATION WITH MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE NOMINATING COMMITTEE PREPARES A LIST OF CANDIDATES, FROM WHICH THE MEMBERS ELECT THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS HAVE THE RIGHT TO APPOINT MEMBERS BETWEEN ELECTIONS IN THE EVENT OF A VACANCY. MEMBERS MAY ALSO WRITE IN CANDIDATES FOR ELECTION TO THE BOARD. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE GENERAL MANAGER AND THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF ALL CLUB OFFICERS, REVIEW THE FORMS 990 AND 990-T. ONCE ALL REVISIONS ARE COMPLETE, THE TREASURER SIGNS THE FORMS, AND COPIES ARE MADE AVAILABLE TO THE BOARD OF GOVERNORS PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE FINANCE COMMITTEE REVIEWS THE CONFLICT OF INTEREST POLICY. EACH NEW MEMBER OF THE BOARD OF GOVERNORS MUST READ AND SIGN THE POLICY, AND ANNUALLY THEREAFTER. IN THE EVENT OF SUCH CONFLICT, INTERESTED PARTIES ARE REQUIRED TO GIVE NOTICE OF ANY CONFLICT THAT ARISES DURING HIS/HER TERM. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE MEETS ANNUALLY WITH THE GENERAL MANAGER TO CONDUCT A PERFORMANCE REVIEW AND ESTABLISH AN EXECUTIVE COMPENSATION PACKAGE FOR THE NEXT TWELVE MONTHS. AS PART OF THE COMPENSATION REVIEW, A STUDY IS DONE OF COMPARABLE CITY CLUBS AND TOP EXECUTIVE COMPENSATION. MINUTES OF THIS MEETING, ALONG WITH A FORMAL WRITTEN AGREEMENT, ARE SUBMITTED TO THE CONTROLLER FOR RECORD KEEPING PURPOSES. THE GENERAL MANAGER'S PERFORMANCE IS REVIEWED BY THE EXECUTIVE COMMITTEE AS OUTLINED IN THE CLUB'S BY-LAWS. THE EXECUTIVE COMMITTEE IS MADE UP OF ALL THE OFFICERS OF THE CLUB AND THE CHAIR OF THE HOUSE COMMITTEE. THE GENERAL MANAGER IS THE ONLY KEY EMPLOYEE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON WRITTEN REQUEST, CLUB DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR REVIEW. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -225,158. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C, FINANCE COMMITTEE | THE FINANCE COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED FROM THE PRIOR YEAR. |
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