2012-11-15T12:47:22-06:00 2011-12-31 420714325 MCGLADREY LLP 5801 PELICAN BAY BLVD STE 500 NAPLES FL 341082734 990 2011-01-01 650066096 THE FOREST COUNTRY CLUB INC FORE 2394828378 6100 CLUB BLVD SW FT MYERS FL 33908 RANDY BILLING 2394828378 2012-11-15 1 FRANK LUCAS P00995244 2395964518 2012-11-12 2011 2016-02-24 21:20:13Z PAUL BEN-SUSAN 6100 CLUB BLVD SW FT MYERS FL 33908 6247174 0 X WWW.THEFORESTCC.COM X 1988 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 0 0 286636 5330 0 0 4782213 4787276 -258779 3969 896155 876019 5419589 5667264 0 0 0 0 3468208 3468306 0 0 0 3074359 3166161 6542567 6634467 -1122978 -967203 11866703 11393559 4419859 4273865 7446844 7119694 THE FOREST COUNTRY CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB HAS TWO 18 HOLE GOLF COURSE. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/11 WERE APPROXIMATELY 41,107 OF WHICH APPROXIMATELY 1,983 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR ENDED 12/31/11 WAS $1,391,768 OF WHICH $176,309 WAS NON-MEMBER RELATED. 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 60 0 1 0 1 1 0 0 0 1 1 0 362017 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X CYNTHIA CODOL 2394828378 6100 CLUB BLVD SW FORT MYERS FL 33908 PAUL BEN-SUSAN 1.00 X X 0 0 0 DAVID F HAINES 1.00 X X 0 0 0 NORMAN C ACHEN 1.00 X X 0 0 0 RANDY BILLING 1.00 X X 0 0 0 JAMES B WISER 1.00 X 0 0 0 BOBBEE CARSON GABELMANN 1.00 X 0 0 0 LARRY E HARSHBARGER 1.00 X 0 0 0 LORRAINE P GUILE 1.00 X 0 0 0 RONALD MCEWAN 1.00 X 0 0 0 CHRIS BRUHNKE 40.00 X 151000 0 0 MATTHEW P CANN 40.00 X 105000 0 0 256000 0 0 2 0 1 1 0 MEMBERSHIP DUES 713910 3568926 3568926 GREENS AND CART FEES 713910 1149539 972856 176683 LOCKER RENTALS 713910 60086 60086 OTHER GOLF REVENUE 713910 8725 8725 4787276 770 770 9025 3223 5802 5802 5802 4200 1001 3199 3199 3199 1391768 575686 816082 712701 103381 MISCELLANEOUS 713910 52066 52066 INSURANCE PROCEEDS 713910 1650 1650 TENNIS FEES 713910 419 419 54135 5667264 5377429 286636 3199 2803054 395868 269384 82247 951370 152279 GOLF COURSE MAINTENANCE 830682 CLUBHOUSE 369403 GOLF ACTIVITIES 213085 RESTAURANT 189520 377575 6634467 389135 496001 368851 364688 65134 71004 228074 258879 22789959 12605249 10805910 10184710 9599 18277 11866703 11393559 762502 532919 1620377 1659308 1433230 1533038 603750 548600 4419859 4273865 X 7446844 7119694 7446844 7119694 11866703 11393559 X -967203 640053 X X 0 1 1 X 0 4814083 4814083 6258912 4388946 1869966 3243308 2274309 968999 8473656 5941994 2531662 10184710 REFUNDABLE CAPITAL ASSESSMENTS 197500 DEFERRED LIFE MEMBERS 263100 DEFERRED EQUITY EXCHANGE MEMBERS 88000 548600 5667264 6634467 -967203 640053 640053 -327150 6246173 578909 578909 5667264 0 5667264 7213376 578909 578909 6634467 0 6634467 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE CLUB ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED DECEMBER 31, 2009. MANAGEMENT EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 575,686. RENTAL EXPENSE 3,223. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 575,686. RENTAL EXPENSE 3,223. X X X 0 0 0 CHRIS BRUHNKE 145000 0 0 0 6000 0 0 0 0 0 151000 0 0 0 MATTHEW P CANN 105000 0 0 0 0 0 0 0 0 0 105000 0 0 0 SUPPLEMENTAL INFORMATION PART III THE ORGANIZATION HAS AN EMPLOYEE LEASING ARRANGEMENT WHEREBY ALL OF THE ORGANIZATION'S EMPLOYEES ARE LEASED. ALL COMPENSATION REPORTED ON FORM 990 PART VII, FORM 990 IX AND SCHEDULE J REPRESENT THE AMOUNTS PAID TO AN UNRELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: EQUITY MEMBERS HAVE VOTING PRIVILEGES AND USE OF ALL FACILITIES (GOLF, SOCIAL, TENNIS, EQUITY EXCHANGE, AND LEE EXECUTIVE). FORM 990, PART VI, SECTION A, LINE 7B SPECIAL CAPITAL PURCHASES, ANY DEBT OVER $200,000 AND ANY CHANGES TO THE BY-LAWS ARE SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE GENERAL MANAGER (GM) AND TREASURER. THE GM AND TREASURER REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARES PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CLUB MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY DURING MONTHLY BOARD MEETINGS AND THE REVIEWING OF ALL CONTRACTS. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER REVIEWS EACH DEPARTMENT MANAGER AND PROVIDES SUGGESTED SALARY LEVEL TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE APPROVES AND THE BOARD REVIEWS THE DEPARTMENT MANAGERS' CONTRACTS. THE COMPENSATION COMMITTEE PRESENTS TO THE BOARD THE REVIEW OF THE GENERAL MANAGER AND THE SUGGESTED COMPENSATION. THE BOARD APPROVES THE GENERAL MANAGER'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES UPON REQUEST AND BY INSPECTION AT CLUB OF THE CONFLICT OF INTEREST POLICY, THE GOVERNING DOCUMENTS, AND THE FINANCIAL STATEMENTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CAPITAL ASSESSMENTS 335,175. MEMBERSHIP ISSUANCES AND TRANSFERS 26,490. BEAR COURSE RENOVATION ASSESSMENTS 278,388. TOTAL TO FORM 990, PART XI, LINE 5: 640,053. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.