2026-08-27T09:42:08+00:00 2025-12-31 440160260 FORVIS MAZARS LLP ONE OAK ST SUITE 300 ASHEVILLE NC 28801 990 2025-01-01 561379343 ELK RIVER CLUB ELKR 8288989773 1000 CLUBHOUSE DRIVE BANNER ELK NC 28604 TONI LITTLETON ASSISTANT SECRETARY 8288989773 2026-08-27 true AMY BIBBY P00445891 8282542254 2026-08-07 2025 2025-03-06 01:10:19Z MARK WRIGHT 1000 CLUBHOUSE DRIVE BANNER ELK NC 28604 14565297 false X ELKRIVERCLUBNC.COM X 1982 NC PRIVATE SOCIAL CLUB OPERATING FOR THE RECREATIONAL AND SOCIAL PURPOSES OF ITS MEMBERS. 9 9 106 59 221179 158966 0 0 10086961 13812185 -2605592 145469 1590183 409432 9071552 14367086 1608 1683 0 0 4250922 4402780 0 0 0 4606387 5352231 8858917 9756694 212635 4610392 26257406 34701516 2937316 6771034 23320090 27930482 SOCIAL CLUB PROVIDING RECREATIONAL FACILITIES INCLUDING GOLF, TENNIS, EQUESTRIAN, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. false false OPERATION OF CLUBHOUSE, DINING ROOM, EQUESTRIAN CENTER, SPA, AND LOUNGE FOR THE BENEFIT OF ITS MEMBERS. OPERATION OF GOLF COURSE FOR THE BENEFIT OF ITS MEMBERS. OPERATION OF TENNIS FACILITY AND POOL FOR THE BENEFIT OF ITS MEMBERS. 0 false false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 48 0 true 106 true true true false false false false 8045942 216504 false false false X 9 9 false false false false true true true true true false false false true true true true true true true true false false NC X TONI LITTLETON 8288989773 1000 CLUBHOUSE DRIVE BANNER ELK NC 28604 GREG BOEHLING SECRETARY 25.0 X X 0 0 0 MARK WRIGHT PRESIDENT 15.0 X X 0 0 0 ROBERT HARRIS TREASURER 1.5 X X 0 0 0 ROBERT HAWTHORNE VICE-PRESIDENT 8.0 X X 0 0 0 CARY GREEN DIRECTOR 1.0 X 0 0 0 CHRISTINE BROWN DIRECTOR 1.0 X 0 0 0 GAYLE MCALISTER DIRECTOR 1.0 X 0 0 0 GREY WINFIELD DIRECTOR 1.5 X 0 0 0 STEVE HARVILLE DIRECTOR 5.0 X 0 0 0 TONI LITTLETON GENERAL MANAGER 60.0 X 285307 0 0 DAVID AMBROSE DIRECTOR OF GOLF 50.0 X 176479 0 0 ALEXANDRA BURRIS FITNESS DIRECTOR 40.0 X 137118 0 0 JAMES JONES ASSISTANT SUPERINTENDENT 55.0 X 192947 0 0 LEMAR MELTON ASSISTANT SUPERINTENDENT 55.0 X 106831 0 0 WAYAN SUTRIASA EXECUTIVE CHEF 50.0 X 142720 0 0 1041402 0 0 6 false true false GREEN TEE GOLF INC 2801 WASHINGTON RD SUITE 107 BOX 253 AUGUSTA GA 30909 GOLF COURSE CONSTRUCTION 5064207 HOWELL CONSTRUCTION PO BOX 724 LINVILLE NC 28646 CLUBHOUSE CONSTRUCTION 1420549 GOLF AGRONOMICS 2165 17TH STREET SARASOTA FL 34234 SAND FOR COURSE CONSTRUCTION 920629 M&M CONSTRUCTION PO BOX 695 BANNER ELK NC 28604 DRAINAGE & OTHER COURSE REPAIRS 849969 PRO GREEN PO BOX 369 MORGANTON NC 28680 SEED & SOD FOR GOLF COURSE 625562 25 0 MEMBERSHIP DUES/FEES 713910 11864710 11864710 DINING ROOM SALES 713910 1513969 1458415 55554 GOLF OPERATIONS 713910 41595 40632 963 EQUESTRIAN OPERATIONS 713910 219867 219867 TOURNAMENTS 713910 7861 7861 164183 164183 0 0 13812185 164662 164662 23625 0 23625 23625 23625 -19193 0 19193 -19193 -19193 0 288576 217404 71172 71172 INSURANCE REIMBURSEMENTS 900099 314635 314635 0 0 0 0 314635 14367086 14145907 221179 0 1683 461787 3128914 80506 471944 259629 7203 36907 99313 66684 285413 735404 65222 181296 1214033 187536 NATURAL DISASTERS 1414841 FOOD & BEVERAGE COSTS 320170 GOLF & MEMBER EXPENSES 254308 LANDSCAPING MAINTENANCE 251090 232811 9756694 2897166 2083543 3601126 2298271 128829 218608 0 0 0 0 315181 390817 196083 131588 43400198 14241768 17640198 29158430 0 0 1478823 420259 26257406 34701516 473535 682890 1265533 1329962 0 0 890000 4504482 308248 253700 2937316 6771034 X 21048590 25658982 2271500 2271500 23320090 27930482 26257406 34701516 4610392 0 X false true true false 3690481 3690481 25309164 11413955 13895209 4298453 1938521 2359932 10102100 889292 9212808 29158430 FEDERAL INCOME TAXES OPERATING LEASE LIABILITIES 253700 253700 X 14584490 0 0 14584490 -217404 -217404 14367086 9974098 217404 217404 9756694 0 0 9756694 SCHEDULE D, PART X, LINE 2 FIN 48 (ASC 740) FOOTNOTE THE CLUB IS CLASSIFIED AS AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE ("IRC"). IN ACCORDANCE WITH IRC REGULATIONS, THE CLUB IS TAXED ON UNRELATED BUSINESS INCOME, WHICH CONSISTS OF EARNINGS FROM ACTIVITIES NOT RELATED TO THE EXEMPT PURPOSE OF THE CLUB. THE CLUB ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE CLUB BELIEVES THEY HAVE A GREATER THEN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CLUB HAS EVALUATED ALL ITS TAX POSITIONS AND DETERMINED IT HAD NO MATERIAL UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2025 OR 2024. SCHEDULE D, PART XI, LINE 4(B) OTHER REVENUES IN FORM 990 NOT IN AUDITED FINANCIAL STATEMENTS COST OF INVENTORY SALES SHOWN NET OF REVENUE - -217404 SCHEDULE D, PART XII, LINE 2(D) OTHER EXPENSES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 COST OF INVENTORY SALES SHOWN NET OF REVENUE - 217404 X X X false false false TONI LITTLETON GENERAL MANAGER 226718 0 56604 0 1985 0 0 0 0 0 285307 0 0 0 DAVID AMBROSE DIRECTOR OF GOLF 158076 0 2836 0 15567 0 0 0 0 0 176479 0 0 0 JAMES JONES ASSISTANT SUPERINTENDENT 85470 0 106532 0 945 0 0 0 0 0 192947 0 0 0 SCHEDULE J, PART I, LINE 3 APPROVAL BY CLUB PRESIDENT FOR GM PAY; APPROVAL OF BOARD THROUGH BUDGET FOR OTHERS. FORM 990, PART VI, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS VOTING MEMBERS: REGULAR GOLF, FOUNDER GOLF, CHAPTER GOLF, RESERVE GOLF, REGULAR, AND CHARTER NON-GOLF (EXCEPT ON GOLF RELATED ITEMS). NON-VOTING MEMBERS: EXECUTIVE, NON-RESIDENT, ASSOCIATE, SOCIAL, AND HONORARY. FORM 990, PART VI, LINE 7A MEMBERS OR STOCKHOLDERS ELECTING MEMBERS OF GOVERNING BODY EACH FOUNDER MEMBER, CHARTER MEMBER, RESERVE MEMBER, REGULAR GOLF MEMBER, AND REGULAR NON-GOLF MEMBER SHALL HAVE THE RIGHT TO CAST ONE VOTE FOR AS MANY PERSONS AS THERE ARE DIRECTORS TO BE ELECTED. FORM 990, PART VI, LINE 7B DECISIONS REQUIRING APPROVAL BY MEMBERS OR STOCKHOLDERS CERTAIN DECISIONS BY THE BOARD OF DIRECTORS MAY BE SUBJECT TO OVERALL MEMBER APPROVAL, AS DETERMINED IN THE ORGANIZATION'S BY-LAWS. THESE DECISIONS INCLUDE BY-LAW REVISIONS AS WELL AS ASSESSMENTS AND CAPITAL SPENDING IN EXCESS OF $1,250,000. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY A REVIEW OF THE FORM 990 WAS UNDERTAKEN BY THE ORGANIZATION'S GENERAL MANAGER PRIOR TO THE FILING OF THE TAX RETURN. A COPY OF THE FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE TAX RETURN. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS WILL BE MADE BY THE BOARD. EACH OFFICER AND DIRECTOR WILL RECUSE HIMSELF/HERSELF FROM ANY DISCUSSION AND VOTE FOR WHICH A POTENTIAL CONFLICT OF INTEREST EXISTS DURING THE YEAR. IN ADDITION, ANY POSSIBLE CONTRACTUAL ARRANGEMENT BETWEEN THE CLUB AND ANY MEMBER OF THE CLUB IS REQUIRED TO BE APPROVED BY THE BOARD. FORM 990, PART VI, LINE 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE COMPENSATION OF THE GENERAL MANAGER AND KEY EMPLOYEES HAS BEEN INDEPENDENTLY APPROVED BY THE BOARD. THE BOARD'S APPROVAL OF COMPENSATION IS DOCUMENTED IN THE MEETING MINUTES. THE COMPENSATION IS BASED UPON THE COMPENSATION PAID TO THE GENERAL MANAGER AND KEY EMPLOYEES OF CLUBS COMPARABLE IN SIZE IN THE APPROXIMATE GEOGRAPHIC AREA. ANNUAL INCREASES CONSIST OF A STANDARD COST OF LIVING ADJUSTMENT AND ARE APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, LINE 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES THE COMPENSATION OF THE GENERAL MANAGER AND KEY EMPLOYEES HAS BEEN INDEPENDENTLY APPROVED BY THE BOARD. THE BOARD'S APPROVAL OF COMPENSATION IS DOCUMENTED IN THE MEETING MINUTES. THE COMPENSATION IS BASED UPON THE COMPENSATION PAID TO THE GENERAL MANAGER AND KEY EMPLOYEES OF CLUBS COMPARABLE IN SIZE IN THE APPROXIMATE GEOGRAPHIC AREA. ANNUAL INCREASES CONSIST OF A STANDARD COST OF LIVING ADJUSTMENT AND ARE APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. FORM 990, PART VIII, LINE 2F OTHER PROGRAM SERVICE REVENUE ALL OTHER PROGRAM SERVICE REVENUE - TOTAL REVENUE: 164183, RELATED OR EXEMPT FUNCTION REVENUE: 164183, UNRELATED BUSINESS REVENUE: , REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512, 513, OR 514: ; FORM 990,PART VI, SECTION A, LINE 1A: NON-GOLF MEMBERS DO NOT VOTE ON GOLF RELATED ITEMS.