2011-01-28T16:33:55-06:00 2010-09-30 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2009-10-01 560392168 Sedgefield Country Club Inc SEDG 3362995324 3201 Forsyth Drive Greensboro NC 27407 Robert J Allison 3362995324 2011-01-28 1 Ronald R Kuyath 3362944494 2011-01-13 2009 2016-02-24 21:20:13Z Robert J Allison 3201 Forsyth Drive Greensboro NC 27407 4975966 0 X www.sedgefieldcc.org X 1939 NC SEDGEFIELD COUNTRY CLUB, INC. IS A NOT-FOR-PROFIT SOCIAL ORGANIZATION WHICH PROVIDES RECREATIONAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS. 12 12 130 0 253330 28619 0 2982509 3173921 -205 -8370 1221525 1139610 4203829 4305161 0 0 2215119 2175454 0 0 2261003 2371912 4476122 4547366 -272293 -242205 9355895 8970576 3591223 3528337 5764672 5442239 SEDGEFIELD COUNTRY CLUB, INC. IS A NOT-FOR-PROFIT SOCIAL ORGANIZATION WHICH PROVIDES RECREATIONAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS. 0 0 Sedgefield Country Club, Inc. provides social and recreational activities for the members, including golf, swimming, tennis, dining, and social events. 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 130 1 1 1 0 0 0 0 0 0 18720 343630 12 12 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 1 0 NC X Beverly Marler 3362995324 3201 Forsyth Drive Greensboro NC 27407 X Kevin Herron 10.00 X X 0 0 0 Scott Bowie MD 5.00 X 0 0 0 Terry Glidewell 10.00 X X 0 0 0 Patrick Eakes 20.00 X X 0 0 0 Bobby Allison 10.00 X X 0 0 0 Nate Headley 5.00 X 0 0 0 Bob Benson 5.00 X 0 0 0 Amber Marsh Elliott 5.00 X 0 0 0 Steve Mitchem 5.00 X 0 0 0 Ken Baynes Jr 10.00 X X 0 0 0 Willie Bullock 5.00 X 0 0 0 Dupont Kirven 5.00 X 0 0 0 Keith Wood 55.00 X 104967 0 0 104967 0 0 1 0 0 0 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 2 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 39161 39161 3173921 69 69 31740 31740 31740 31740 8439 -8439 -8439 -8439 1465326 662366 802960 623314 179646 Golf, tennis, and pool 713940 107060 107060 Clubhouse facility mai 713910 98225 98225 Cart purchase and cour 713910 56845 56845 42780 42780 304910 4305161 4060270 253330 -8439 1840570 10826 135308 188750 51758 20360 136673 364916 242 172826 471843 Unrelated business inco 7137 Golf course maintenance 469915 House and general expen 230347 Administrative expenses 192058 Tennis, swimming, and h 110627 143210 4547366 233136 450175 20000 20000 901449 700237 83359 87301 17907 12697 15292940 7592774 8100044 7700166 9355895 8970576 440078 491852 223181 196734 2372885 2265056 555079 574695 3591223 3528337 X 5764672 5442239 5764672 5442239 9355895 8970576 X 0 1 1 X 0 222842 222842 6664778 3157452 3507326 1948630 1483353 465277 6456690 2951969 3504721 7700166 Lease/Purchase - Golf course equipment 135249 Interest rate swap payable 411696 Debenture bonds 27750 574695 4305161 4547366 -242205 -75928 -4300 -80228 -322433 4891599 -75928 -75928 4967527 -662366 -662366 4305161 5209732 662366 662366 4547366 0 4547366 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. 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.