WAYZATA COUNTRY CLUB: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WAYZATA COUNTRY CLUB (EIN 41-0778776)
- Tax period
- 2010-12-01 to 2011-11-30
- Filed
- 2012-04-02
- IRS object ID
- 201240939349300719
- Schema version
- 2010v3.4
- 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 | 2012-04-02T12:55:06-05:00 | Timestamp |
| Tax Period End Date | 2011-11-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 NICOLLET MALL STE 1300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554027033 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-12-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410778776 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYZATA COUNTRY CLUB | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WAYZ | NameControl |
| Phone | 6124759753 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WAYZATA BLVD WEST | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRIS GERARDI | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 6124759753 | Phone |
| Date Signed | 2012-03-27 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIM HUNWARDSEN CPA | Name |
| Phone | 6122536500 | Phone |
| Date Prepared | 2012-03-27 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHRIS GERARDI | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WAYZATA BLVD WEST | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8236952 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.WAYZATACC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1956 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | COUNTRY CLUB | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 292 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 442850 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4555356 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4720857 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1470 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1256 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1881940 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2288503 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6438766 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7010616 | 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 | 3582082 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3706533 | 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 | 3436127 | OtherExpensePriorYear |
| Other Expenses Current Year | 3574562 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7018209 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7281095 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -579443 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -270479 | RevenuesLessExpensesCY |
| Total Assets BOY | 19028378 | TotalAssetsBOY |
| Total Assets EOY | 18314107 | TotalAssetsEOY |
| Total Liabilities BOY | 7309993 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6543037 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11718385 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11771070 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | 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 & SKEET RANGE, AND WINTER WONDERLAND WHICH INCLUDES 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. | 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 | 0 | 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 | 1 | 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 | 14 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 292 | 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 | $985,796 | InitiationFeesAmount |
| Gross Receipts | $618,351 | 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 | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE WALTERS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9524759755 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WAYZATA BLVD WEST | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| MICHAEL G MAGLICH | |||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| ROBERT GRIFFIN | |||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| JOSEPH KINNING | |||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | |
| JAY KERNAN | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| TIMOTHY ALBER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PETER ECKERLINE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOE BOVEE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DEBI CLAYTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| TOM PRICE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GREG SIMON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BENJAMIN SMITH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LISA SMITH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| NEIL VILL | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| HOLLY PIHL | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JIM FREYTAG | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LEE WALTERS | |||||||
| CONTROLLER | 40.00 | X | 81844 | 0 | 13560 | ||
| DICK KOHN | |||||||
| INTERIM CONTROLLER | 40.00 | X | 27348 | 0 | 0 | ||
| CHRIS GERARDI | |||||||
| GENERAL MANAGER | 60.00 | X | 205089 | 0 | 15804 | ||
| RICHARD WALTERS | |||||||
| HEAD GOLF PRO | 50.00 | 163641 | 0 | 14497 | X | ||
| JAY FRITZKE | |||||||
| CLUBHOUSE MANAGER | 50.00 | 107144 | 0 | 14271 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 585066 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 58132 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MEMBERSHIP DUES & INIT | 713910 | 3986716 | 3986716 |
| GREENS FEES, TENNIS & | 713910 | 734141 | 734141 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4720857 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1256 | TotalRevenueColumn |
| Unrelated Business Revenue | 1256 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 3152495 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1226336 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1926159 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1484565 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 441594 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INSURANCE PROCEEDS | Description |
| Business Code | 900000 | BusinessCode |
| Total Revenue Column | 362344 | TotalRevenueColumn |
| Related Or Exempt Function Income | 362344 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 362344 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7010616 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6567766 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 442850 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 306650 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2927282 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 472601 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98313 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238244 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 399560 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1231375 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88876 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| GROUNDS | 472276 |
| GENERAL & ADMINISTRATIV | 290826 |
| CLUBHOUSE | 288846 |
| FOOD & BEVERAGE | 280730 |
| SWIMMING | 67426 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118090 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7281095 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 846429 | BOY |
| EOY | 1095128 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 634777 | BOY |
| EOY | 616596 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40000 | BOY |
| EOY | 30000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281489 | BOY |
| EOY | 296335 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62264 | BOY |
| EOY | 77475 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 26354028 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10155455 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17163419 | BOY |
| EOY | 16198573 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19028378 | BOY |
| EOY | 18314107 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 916460 | BOY |
| EOY | 925688 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 273468 | BOY |
| EOY | 273459 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6120065 | BOY |
| EOY | 5343890 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7309993 | BOY |
| EOY | 6543037 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11718385 | BOY |
| EOY | 11771070 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11718385 | BOY |
| EOY | 11771070 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19028378 | BOY |
| EOY | 18314107 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -270479 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 323164 | ReconcilationOtherChanges |
| 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
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 130913 | OtherCostOrOtherBasis |
| Book Value | 130913 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13967318 | OtherCostOrOtherBasis |
| Depreciation | 4709027 | Depreciation |
| Book Value | 9258291 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4735000 | OtherCostOrOtherBasis |
| Depreciation | 3722393 | Depreciation |
| Book Value | 1012607 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7520797 | OtherCostOrOtherBasis |
| Depreciation | 1724035 | Depreciation |
| Book Value | 5796762 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16198573 | TotalOfBookValueLandBuildings |
| Total Revenue | 7010616 | TotalRevenue |
| Total Expenses | 7281095 | TotalExpenses |
| Excess Or Deficit For Year | -270479 | ExcessOrDeficitForYear |
| Other | $323,164 | OtherAmount |
| Total Adjustments | 323164 | TotalAdjustments |
| Excess Or Deficit Per FS | 52685 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5116332 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -1894284 | OtherRevenues |
| Revenue Not Rptd F990 | -1894284 | RevenueNotRptdF990 |
| Revenue Subtotal | 7010616 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7010616 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5386811 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5386811 | ExpensesSubtotal |
| Other Expenses Not Included | 1894284 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1894284 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7281095 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | PART X, LINE 2: THE CLUB HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. AS SUCH, THE CLUB IS SUBJECT TO TAXES ON INVESTMENT INCOME AND UNRELATED BUSINESS INCOME FROM THE SALE OF FOOD AND BEVERAGES TO NON-MEMBERS. THE CLUB'S EXEMPT STATUS AND THE AMOUNT OF THE CLUB'S UNRELATED BUSINESS TAXABLE INCOME OR LOSS IS SUBJECT TO EXAMINATION BY THE IRS. THE CLUB HAS ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) ON DECEMBER 1, 2008. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AS OF BOTH THE DATE OF ADOPTION, AND AS OF NOVEMBER 30, 2011, THE UNRECOGNIZED TAX BENEFIT ACCRUAL WAS ZERO. THE CLUB WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. THE CLUB IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | MEMBER CAPITAL ASSESSMENTS 325,164. RETIRED MEMBER CERTIFICATES -2,000. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FOOD AND BEVERAGE COSTS SHOWN AS REVENUE OFFSET ON FINANCIAL STATEMENTS -1,769,495. PRO SHOP PAYROLL & COMMISSIONS SHOWN AS REVENUE OFFSET ON FINANCIALS -124,789. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | FOOD AND BEVERAGE COSTS SHOWN AS REVENUE OFFSET ON FINANCIAL STATEMENTS 1,769,495. PRO SHOP PAYROLL & COMMISSIONS SHOWN AS REVENUE OFFSET ON FINANCIALS 124,789. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHRIS GERARDI | |||||||||||||
| 168649 | 0 | 30560 | 0 | 5880 | 0 | 3400 | 0 | 12806 | 0 | 221295 | 0 | 0 | 0 |
| RICHARD WALTERS | |||||||||||||
| 148681 | 0 | 14960 | 0 | 0 | 0 | 3742 | 0 | 11048 | 0 | 178431 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHRIS GERARDI | NamePerson |
| Purpose Of Loan | MOVING EXPENSES | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $50,000 | OriginalPrincipalAmount |
| Balance Due | 30000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 30000 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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 & 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 & 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. | |
| 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 12C | |
| THE PRESIDENT OF THE BOARD 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 B, LINE 15A | |
| THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | MEMBER CAPITAL ASSESSMENTS 325,164. RETIRED MEMBER CERTIFICATES -2,000. TOTAL TO FORM 990, PART XI, LINE 5: 323,164. | FORM 990, PART XI, LINE 5: |
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