Sedgefield Country Club Inc: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- Sedgefield Country Club Inc (EIN 56-0392168)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-01-28
- IRS object ID
- 201130289349300723
- Schema version
- 2009v1.7
- 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 | 2011-01-28T16:33:55-06:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD ROBINSON & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 19608 | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 274199608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560392168 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sedgefield Country Club Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SEDG | NameControl |
| Phone | 3362995324 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3201 Forsyth Drive | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27407 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert J Allison | Name |
| Title | Treasurer | Title |
| Phone | 3362995324 | Phone |
| Date Signed | 2011-01-28 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ronald R Kuyath | Name |
| Phone | 3362944494 | Phone |
| Date Prepared | 2011-01-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Robert J Allison | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3201 Forsyth Drive | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27407 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4975966 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.sedgefieldcc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | SEDGEFIELD COUNTRY CLUB, INC. IS A NOT-FOR-PROFIT SOCIAL ORGANIZATION WHICH PROVIDES RECREATIONAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 130 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 253330 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 28619 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2982509 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3173921 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -205 | InvestmentIncomePriorYear |
| Investment Income Current Year | -8370 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1221525 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1139610 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4203829 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4305161 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2215119 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2175454 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2261003 | OtherExpensePriorYear |
| Other Expenses Current Year | 2371912 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4476122 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4547366 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -272293 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -242205 | RevenuesLessExpensesCY |
| Total Assets BOY | 9355895 | TotalAssetsBOY |
| Total Assets EOY | 8970576 | TotalAssetsEOY |
| Total Liabilities BOY | 3591223 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3528337 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5764672 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 5442239 | NetAssetsOrFundBalancesEOY |
| Mission Description | SEDGEFIELD COUNTRY CLUB, INC. IS A NOT-FOR-PROFIT SOCIAL ORGANIZATION WHICH PROVIDES RECREATIONAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | Sedgefield Country Club, Inc. provides social and recreational activities for the members, including golf, swimming, tennis, dining, and social events. | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 0 | 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 |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 43 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 130 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Initiation Fees | $18,720 | InitiationFeesAmount |
| Gross Receipts | $343,630 | GrossReceiptsAmount |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | 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 | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Beverly Marler | NamePerson |
| Telephone Number | 3362995324 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3201 Forsyth Drive | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27407 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (13 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 |
|---|---|---|---|---|---|---|---|
| Kevin Herron | |||||||
| Secretary | 10.00 | X | X | 0 | 0 | 0 | |
| Scott Bowie MD | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Terry Glidewell | |||||||
| Outside Vice President | 10.00 | X | X | 0 | 0 | 0 | |
| Patrick Eakes | |||||||
| President | 20.00 | X | X | 0 | 0 | 0 | |
| Bobby Allison | |||||||
| Treasurer | 10.00 | X | X | 0 | 0 | 0 | |
| Nate Headley | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Bob Benson | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Amber Marsh Elliott | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Steve Mitchem | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Ken Baynes Jr | |||||||
| Inside Vice President | 10.00 | X | X | 0 | 0 | 0 | |
| Willie Bullock | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Dupont Kirven | |||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | ||
| Keith Wood | |||||||
| Golf Course Superintende | 55.00 | 104967 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 104967 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Kenneth Brooks | |||||
| 7479 Foxchase Drive | Trinity | NC | 27370 | Pro Shop Owner | 329869 |
| OB Sports | |||||
| 7025 East Greenway Parkway Suite 5 | Scottsdale | AZ | 85254 | Management Consulting Services | 105784 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Membership dues and as | 713910 | 2606237 | 2606237 | |
| Golf cart fees | 713910 | 251271 | 251271 | |
| Greens fees | 713910 | 187183 | 145308 | 41875 |
| Health Club | 713940 | 68439 | 68439 | |
| Locker fees | 713910 | 21630 | 21630 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39161 | TotalRevenueColumn |
| Related Or Exempt Function Income | 39161 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3173921 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 69 | TotalRevenueColumn |
| Unrelated Business Revenue | 69 | UnrelatedBusinessRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 31740 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 31740 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 31740 | TotalRevenueColumn |
| Unrelated Business Revenue | 31740 | UnrelatedBusinessRevenue |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 8439 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -8439 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8439 | TotalRevenueColumn |
| Exclusion | -$8,439 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1465326 | GrossSalesOfInventory |
| Cost Of Goods Sold | 662366 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 802960 | TotalRevenueColumn |
| Related Or Exempt Function Income | 623314 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 179646 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Golf, tennis, and pool | 713940 | 107060 | 107060 |
| Clubhouse facility mai | 713910 | 98225 | 98225 |
| Cart purchase and cour | 713910 | 56845 | 56845 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 42780 | TotalRevenueColumn |
| Related Or Exempt Function Income | 42780 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 304910 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4305161 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4060270 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 253330 | UnrelatedBusinessRevenue |
| Exclusion | -$8,439 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1840570 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10826 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135308 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188750 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51758 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20360 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136673 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364916 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 242 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172826 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 471843 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Unrelated business inco | 7137 |
| Golf course maintenance | 469915 |
| House and general expen | 230347 |
| Administrative expenses | 192058 |
| Tennis, swimming, and h | 110627 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143210 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4547366 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 233136 | BOY |
| EOY | 450175 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20000 | BOY |
| EOY | 20000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 901449 | BOY |
| EOY | 700237 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83359 | BOY |
| EOY | 87301 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17907 | BOY |
| EOY | 12697 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 15292940 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7592774 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8100044 | BOY |
| EOY | 7700166 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9355895 | BOY |
| EOY | 8970576 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 440078 | BOY |
| EOY | 491852 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 223181 | BOY |
| EOY | 196734 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2372885 | BOY |
| EOY | 2265056 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 555079 | BOY |
| EOY | 574695 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3591223 | BOY |
| EOY | 3528337 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5764672 | BOY |
| EOY | 5442239 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5764672 | BOY |
| EOY | 5442239 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9355895 | BOY |
| EOY | 8970576 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 222842 | OtherCostOrOtherBasis |
| Book Value | 222842 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6664778 | OtherCostOrOtherBasis |
| Depreciation | 3157452 | Depreciation |
| Book Value | 3507326 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1948630 | OtherCostOrOtherBasis |
| Depreciation | 1483353 | Depreciation |
| Book Value | 465277 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6456690 | OtherCostOrOtherBasis |
| Depreciation | 2951969 | Depreciation |
| Book Value | 3504721 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7700166 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Lease/Purchase - Golf course equipment | $135,249 |
| Interest rate swap payable | $411,696 |
| Debenture bonds | $27,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 574695 | TotalOfAmounts |
| Total Revenue | 4305161 | TotalRevenue |
| Total Expenses | 4547366 | TotalExpenses |
| Excess Or Deficit For Year | -242205 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -75928 | NetUnrealizedGLOnInvestments |
| Other | -$4,300 | OtherAmount |
| Total Adjustments | -80228 | TotalAdjustments |
| Excess Or Deficit Per FS | -322433 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4891599 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -75928 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -75928 | RevenueNotRptdF990 |
| Revenue Subtotal | 4967527 | RevenueSubtotal |
| Other Revenues Not Included | -662366 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -662366 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4305161 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5209732 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 662366 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 662366 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4547366 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4547366 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | Redemption of stock and transfers to other member status: -4300. |
| Part XII, Line 4b - Other Adjustments: | Cost of Goods Sold included as expense on financial statements: -662366. |
| Part XIII, Line 2d - Other Adjustments: | Cost of Goods Sold included as expense on financial statements: 662366. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 6 | The Organization is organized as a stock corporation. The Organization's stockholders consist of the following at September 30, 2010: Class A Stock, common, voting - 331 shares issued and outstanding Class B Stock, common, non-voting - 168 shares issued and outstanding Class B Stock, preferred, non-voting - 92 shares issued and outstanding Class B Stock, Pool preferred, non-voting - 105 shares issued and outstanding |
| Form 990, Part VI, Section A, line 7a | The Organization's Board of Directors is elected by the Organization's voting stockholders |
| Form 990, Part VI, Section A, line 7b | The following decisions of the governing body must be approved by the Organization's voting stockholders: 1) alteration, improvement, acquisition, or disposal of property in excess of $50,000; 2) obligation of the Organization for any loan that is either secured, in excess of $50,000, or does not mature in the fiscal year it is first incurred; and 3) amendments to the Organization's Bylaws. |
| Form 990, Part VI, Section B, line 11 | The Organization's Treasurer and Controller review the Form 990 in detail prior to filing. |
| Form 990, Part VI, Section B, line 15 | The Executive Committee of the Organization's Board of Directors uses industry standards to determine compensation for the Organization's top management official and other key employees. |
| Form 990, Part VI, Section C, line 19 | The Organization does not make its governing documents, conflict of interest policy, or financial statements available to the public. |
| Form 990, Part XI, Line 2c: | The Organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant and the process has not changed since prior year. |
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