2022-09-14T11:46:38-05:00 2021-10-31 750786316 WEAVER AND TIDWELL LLP 2821 W 7TH ST STE 700 FORT WORTH TX 76107 990 2020-11-01 750750687 PETROLEUM CLUB OF MIDLAND PETR 4326822557 PO BOX 10527 MIDLAND TX 79702 ARMANDO MARTINEZ GENERAL MANAGER 4326822557 2022-09-10 1 ARMANDO MARTINEZ 999009999 JAMES FLATT P00444540 8173327905 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z ARMANDO MARTINEZ 501 W WALL MIDLAND TX 79701 4663679 0 X WWW.PCMIDLAND.COM X 1947 TX THE IMPROVEMENT AND DEVELOPMENT OF THE HUMAN MIND THROUGH READING, DISCUSSION, EXCHANGE OR IDEAS, LECTURES, INFORMATION & SOCIAL CONTACTS AND ALL OTHER MEANS THAT WILL CONTRIBUTE TO IMPROVEMENT OF MEMBERS. 9 9 82 0 335054 24986 166655 166000 4041483 4022787 30254 -42168 286628 448906 4525020 4595525 0 0 0 0 864775 856377 0 0 0 4515353 4543803 5380128 5400180 -855108 -804655 8749464 8360151 265583 396587 8483881 7963564 X THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS THE IMPROVEMENT AND DEVELOPMENT OF THE HUMAN MIND THROUGH READING, DISCUSSION, EXCHANGE OF IDEAS, LECTURES, INFORMATION AND SOCIAL CONTACTS AND ALL OTHER MEANS THAT WILL CONTRIBUTE TO SUCH EDUCATIONAL IMPROVEMENT AND DEVELOPMENT OF THE MEMBERS OF THE CLUB 0 0 4805823 4136639 PROVIDE PRIVATE CLUB DINING FACILITIES FOR ITS MEMBERS AND THEIRGUESTS IN AN ATMOSPHERE THAT IS CONDUCIVE TO THE EXCHANGE OFBUSINESS IDEAS. 4805823 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 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 1 43 0 1 82 1 1 1 0 0 0 0 426471 335054 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 X CRISTY PYLE 4326822557 501 W WALL MIDLAND TX 79701 X EARL MICHIE DIRECTOR 2.00 X 0 0 0 DOUG SCHMIDT DIRECTOR 2.00 X 0 0 0 CHIP SMITH EX-OFFICIO 2.00 X 0 0 0 ERIC D BOYT DIRECTOR 2.00 X 0 0 0 WAYNE NEWKUMET DIRECTOR 2.00 X 0 0 0 W KLINE BOYD III DIRECTOR 2.00 X 0 0 0 JAY PURVIS DIRECTOR 2.00 X 0 0 0 TOM BRANDT VICE-PRESIDENT 2.00 X 0 0 0 PAMELA FEIST PRESIDENT 2.00 X 0 0 0 CLINT WALKER SECRETARY-TREASURER 2.00 X 0 0 0 ARMANDO MARTINEZ GENERAL MANAGER 40.00 X 160656 0 2077 160656 0 2077 1 0 1 0 0 166000 166000 MEMBERSHIP DUES 713990 1924269 1924269 DINING RM & BAR SALES 713990 1692998 1692998 NON MEMBER FACILITY US 721000 335054 335054 EQUIPMENT & ROOM RENTA 713990 68435 68435 BARBER/SHOE SHINE CHAR 713990 1449 1449 582 582 4022787 25986 25986 68154 -68154 -68154 -68154 INITIATION FEES 713990 426471 426471 PLAQUE SALES 713990 10000 10000 INSURANCE PROCEEDS 713990 7948 7948 4487 4487 448906 4595525 4136639 335054 -42168 X 160565 160565 473727 416880 56847 57942 57942 114437 114437 49706 49706 36305 36305 31542 31542 147706 147706 3372 3372 508139 466837 41302 UNRELATED BUSINESS INCO 589 589 COST OF SALES-DINING AN 2537280 2537280 NONMEMBER EXPENSES 335054 335054 CHRISTMAS FUND EXPENSE 120019 120019 823797 823797 5400180 4805823 594357 0 309801 220708 101599 121598 183864 407392 98016 94013 49466 5425 13468774 7025958 6748309 6442816 1258409 1068199 8749464 8360151 171639 221139 11545 22324 82399 153124 265583 396587 X 8483881 7963564 8483881 7963564 8749464 8360151 X -804655 292351 -8013 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 724774 724774 9101216 4203832 4897384 3619561 2822126 797435 23223 23223 6442816 SALES TAX PAYABLE 34001 MIXED BEVERAGE TAX PAYABLE 4305 PROPERTY TAXES PAYABLE 97454 FEDERAL INCOME TAX PAYABLE 12331 MIXED BEVERAGE SALES TAX 5033 153124 4887876 292351 292351 4595525 0 4595525 5400180 0 5400180 0 5400180 0 0 0 ARMANDO MARTINEZ GENERAL MANAGER 160656 0 0 0 0 0 0 0 2077 0 162733 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ANY BUSINESS PERSON OF THE AGE OF 21 YEARS OR MORE AND OF GOOD MORAL CHARACTER IS ELIGIBLE FOR MEMBERSHIP IN THE CLUB. A BUSINESS PERSON INCLUDES ANY SELF-EMPLOYED PERSON, OR A PERSON EMPLOYED AS A PROFESSIONAL OR BUSINESS OWNER OR MANAGER, OR A PERSON ENGAGED AS A PUBLIC OFFICIAL, WHO IS APPROVED AS A MEMBER BY THE PROCEDURES DESCRIBED IN THESE BYLAWS. MEMBERSHIP MAY NOT BE BASED ON RACE, COLOR, RELIGION, SEX OR NATURAL ORIGIN. FORM 990, PART VI, SECTION A, LINE 7A ONLY THE BALLOTS OF STOCKHOLDER MEMBERS IN GOOD STANDING AS DETERMINED BY THE SECRETARY-TREASURER WILL BE COUNTED. EACH STOCKHOLDER MEMBER VOTING WILL PLACE A MARK ON THE OFFICIAL BALLOT OPPOSITE THE NAMES OF THE CANDIDATES FOR WHOM VOTES ARE CAST AND WILL THEN SIGN THE BALLOT. A STOCKHOLDER MEMBER MAY PERSONALLY DELIVER THE BALLOT TO THE JUDGES OF ELECTION WHILE THE POLLS ARE OPEN, OR MAY MAIL IT TO THE SECRETARY-TREASURER OF THE CLUB, IN AN ENVELOPE MARKED "BALLOT." ALL BALLOTS CAST BY MAIL AND RECEIVED BY THE SECRETARY-TREASURER BEFORE THE CLOSE OF THE POLLS MUST BE DEPOSITED IN THE BALLOT BOX BY THE SECRETARY-TREASURER BEFORE THE CLOSE OF THE POLLS. AFTER THE POLLS ARE CLOSED, THE BALLOT BOX WILL BE OPENED BY THE JUDGES OF ELECTION. A BALLOT ON WHICH VOTES HAVE BEEN CAST FOR MORE CANDIDATES THAN THERE ARE VACANCIES ON THE BOARD OF DIRECTORS, OR VOTES HAVE BEEN ACCUMULATED FOR ONE OR MORE CANDIDATES, WILL BE REJECTED BY THE JUDGES OF ELECTION. FORM 990, PART VI, SECTION A, LINE 7B SIGNIFICANT CHANGES TO THE BYLAWS MUST BE APPROVED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS PROVIDED TO THE GENERAL MANAGER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION IS A REVIEW BY THE COMPENSATION COMMITTEE OF THE INDEPENDENT BOARD OF DIRECTORS BY COMPARING DATA, CONTEMPORANEOUS SUBSTANTIATION OF DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS CAN BE MADE AVAILABLE FOR VIEWING UPON REQUEST. FORM 990, PART IX, LINE 24E PROPERTY TAXES: PROGRAM SERVICE EXPENSES 107,605. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,605. INSURANCE-PROPERTY & CASUALTY: PROGRAM SERVICE EXPENSES 88,857. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,857. EMPL. & COMPL. MEALS: PROGRAM SERVICE EXPENSES 72,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,000. SOAP & CLEANING - ALL: PROGRAM SERVICE EXPENSES 70,933. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,933. GENERAL REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 48,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,754. RENTAL: PROGRAM SERVICE EXPENSES 41,410. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,410. FLOWERS & DECORATIONS: PROGRAM SERVICE EXPENSES 36,042. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,042. CLUB ENTERTAINMENT: PROGRAM SERVICE EXPENSES 35,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,188. TELEPHONE: PROGRAM SERVICE EXPENSES 34,163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,163. LADIE'S ASSOCIATION EXPENSE: PROGRAM SERVICE EXPENSES 33,810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,810. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 33,085. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,085. LAUNDRY & UNIFORMS: PROGRAM SERVICE EXPENSES 32,322. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,322. TABC TAX: PROGRAM SERVICE EXPENSES 27,466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,466. SPOILAGE & SPILLAGE: PROGRAM SERVICE EXPENSES 19,286. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,286. OUTSIDE PRINTING & PHOTO: PROGRAM SERVICE EXPENSES 16,469. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,469. OFFICE EXPENSE: PROGRAM SERVICE EXPENSES 14,607. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,607. POSTAGE: PROGRAM SERVICE EXPENSES 11,033. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,033. CONTRACT LABOR VALET: PROGRAM SERVICE EXPENSES 10,742. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,742. EMPLOYEE RECOGNITION PARTY: PROGRAM SERVICE EXPENSES 9,794. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,794. LEGAL & PROFESSIONAL: PROGRAM SERVICE EXPENSES 9,398. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,398. PAPER & FUEL: PROGRAM SERVICE EXPENSES 9,167. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,167. PROFESSIONAL SERVICES - PAYROLL: PROGRAM SERVICE EXPENSES 8,940. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,940. PRESIDENT'S DINNER: PROGRAM SERVICE EXPENSES 8,736. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,736. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 8,733. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,733. CLUB PROMOTIONS: PROGRAM SERVICE EXPENSES 7,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,188. CMAA DUES & FUNCTIONS: PROGRAM SERVICE EXPENSES 6,283. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,283. MEMBER'S PARTY: PROGRAM SERVICE EXPENSES 5,472. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,472. DUES & SUBSCRIPTION: PROGRAM SERVICE EXPENSES 4,807. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,807. BARBER / SHOE SHINE: PROGRAM SERVICE EXPENSES 3,739. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,739. GENERAL SUPPLIES: PROGRAM SERVICE EXPENSES 2,463. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,463. OUTSIDE LABOR: PROGRAM SERVICE EXPENSES 2,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES FORM 990, PART XI, LINE 9: NEW MEMBER CAPITAL CONTRIBUTIONS 1,350. PRIOR PERIOD ADJUSTMENT -9,363. 990 PART XII FINANCIAL STATEMENTS & REPORTING LINE 2C NO CHANGES WERE MADE TO THE OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.