2011-03-10T11:17:29-06:00 2010-12-31 REILLY PENNER &AMP BENTON LLP 1233 NORTH MAYFAIR ROAD SUITE 302 MILWAUKEE WI 532263255 990 2010-01-01 390985844 CHENEQUA COUNTRY CLUB INC CHEN 2623671320 6250 N HIGHWAY 83 HARTLAND WI 53029 MICHAEL PADDOCK 2623671320 2011-02-22 1 BRIAN MECHENICH 4142717800 2011-02-22 2010 2016-02-24 21:20:13Z MICHAEL PADDOCK 6250 N HIGHWAY 83 HARTLAND WI 53029 3779952 0 X WWW.CHENEQUACC.ORG X 1911 WI PROVIDE A SOCIAL VENUE FOR THE RECREATION, PLEASURE AND ENJOYMENT OF ITS MEMBERS WHO SHARE COMMON INTERESTS WITH GOLF, TENNIS, SWIMMING AND DINING. THE MEMBERS ENJOY SOCIAL INTERACTIONS AND PARTICIPATE IN OTHER ACTIVITIES USUALLY ASSOCIATED WITH A PRIVATE COUNTRY CLUB. 12 12 148 0 238466 23141 0 0 2931239 2489509 32093 14830 829576 811669 3792908 3316008 0 0 0 0 1751390 1815322 0 0 0 1346818 1421927 3098208 3237249 694700 78759 7199235 7242154 465056 429216 6734179 6812938 SEE PART I, LINE 1 0 0 THE CLUB PROVIDES A GATHERING PLACE FOR ITS MEMBERS TO ENJOY GOLFING, TENNIS, SWIMMING AND SOCIAL ACTIVITIES. THE CLUB HAD APPROXIMATELY 360 MEMBERS AS OF DECEMBER 31, 2010. 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 148 0 1 1 0 0 0 0 239500 317489 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 0 1 1 1 1 0 X X MICHAEL PADDOCK 2623671320 6250 N HWY 83 HARTLAND WI 53029 GERALD LESTINA 2.00 X X 0 0 0 STEVE BRINK 2.00 X X 0 0 0 RICHARD KAISER 2.00 X X 0 0 0 ED KITZ 2.00 X X 0 0 0 HANK EHRSAM 1.00 X 0 0 0 CINDY PRICE 1.00 X 0 0 0 SANDY STOVER 1.00 X 0 0 0 JOE SCHAEFER 1.00 X 0 0 0 PHIL SONDERMAN 1.00 X 0 0 0 JOE DUNNE 1.00 X 0 0 0 VICTORIA GAYNOR 1.00 X 0 0 0 JOHN MEHAN 1.00 X 0 0 0 MICHAEL PADDOCK 40.00 X X 115140 0 14306 JAMES SHAW 40.00 X 128250 0 19545 BILL GRAHAM 40.00 X 101839 0 7643 345229 0 41494 3 0 0 0 WILLIAM GRAHAM 6250 N HIGHWAY 83 HARTLAND WI 53029 PRO SHOP AND GOLF PRO 213385 1 MEMBERSHIP DUES 713910 2073632 2073632 CART RENTAL 713910 151283 135653 15630 GREENS FEES 713910 132155 83483 48672 PRO SHOP 713910 73010 73010 MISCELLANEOUS FEES 713910 55903 52402 3501 3526 3446 80 2489509 14830 14830 1270426 463944 806482 650729 155753 MISCELLANEOUS INCOME 713910 5187 5187 5187 3316008 3072355 238466 5187 129446 1363459 20974 147090 154353 18100 758 140010 434493 18429 5566 495664 74796 EQUIPMENT RENTAL AND MA 121574 LINENS AND UNIFORMS 35405 DECORATIONS 18842 ENTERTAINMENT 13278 INCOME TAX 4765 40247 3237249 45603 81623 1007179 808173 167675 168360 55995 52511 10375 9287 12007345 6001631 5789654 6005714 117754 112429 5000 4057 7199235 7242154 239862 238519 31372 25364 193822 165333 465056 429216 X 6734179 6812938 6734179 6812938 7199235 7242154 78759 X X 0 1 1 X 0 230353 230353 5727800 2215512 3512288 2668310 2041631 626679 3380882 1744488 1636394 6005714 OBLIGATIONS UNDER CAPITAL LEASES 52904 RESERVE FOR DEFERRED COMPENSATION 112429 165333 3316008 3237249 78759 0 78759 3779952 0 3779952 -463944 -463944 3316008 3701193 463944 463944 3237249 0 3237249 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: EFFECTIVE JANUARY 1, 2009 THE CLUB HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECONIZING,INTEREST, PENALTIES AND DISCLOSURE REQUIREMENTS. MANAGEMENT OF THE CLUB EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CLUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME EXPENSE. THE CLUB HAS NO LIABILITY FOR UNCERTAIN TAX POSITIONS. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR YEARS ENDING THROUGH DECEMBER 31, 2006. THE CLUB IS NO LONGER SUBJECT TO WISCONSIN INCOME TAX EXAMINATIONS FOR YEARS ENDING THROUGH DECEMBER 31, 2005. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD - PART VIII, LINE 10B PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - PART VIII, LINE 10B X 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB'S BYLAWS PROVIDE VARIOUS CLASSES OF MEMBERSHIP INCLUDING REGULAR, SOCIAL, SOCIAL WAIT, SOCIAL SELECT, SENIOR, JUNIOR, INTERMEDIATE, AND HONORARY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL DUES-PAYING MEMBERS-OF-RECORD, REGARDLESS OF MEMBERSHIP CLASS, WHO ARE IN GOOD STANDING, AS DETERMINED BY THE BOARD OF DIRECTORS, ARE ELIGIBLE TO VOTE FOR DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS TO CHANGE THE NUMBER OF REGULAR MEMBERS OR TO APPROVE AN EXPENDITURE REQUIRING BORROWING OR ASSESSMENT REQUIRE A VOTE OF THE REGULAR MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMMITTEE CHAIRS PERFORM REVIEWS OF KEY PERSONNEL AND MAKE RECOMMENDATIONS TO THE BOARD FOR SALARY ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON APPROVAL OF THE CLUB MANAGER OR BOARD OF DIRECTORS. FORM 990, PART XII, LINE 2C CHENEQUA HAS A COMMITTEE WHICH OVERSEES THE AUDIT. THIS PROCEDURE HAS NOT CHANGED FROM PRIOR YEARS. CHENEQUA COUNTRY CLUB REALTY CORPORATION 6250 NORTH HIGHWAY 83 CHENEQUA WI 53029 390205740 REAL ESTATE HOLDING COMPANY WI N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0