2024-09-16T08:05:45-05:00 2023-10-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD STE 500 WEST PALM BEACH FL 33401 990 2022-11-01 592799884 THE COUNTRY CLUB AT WOODFIELD INC COUN 5619955204 3650 CLUB PLACE BOCA RATON FL 33496 STEPHEN ROBINSON CFO 5619955204 2024-09-13 1 0 CHRISTOPHER CECIL P01877773 5616971785 2024-09-12 2022 2024-08-08 14:25:15Z EBEN MOLLOY 3650 CLUB PLACE BOCA RATON FL 33496 44117233 0 X WWW.WOODFIELD.ORG X 1987 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 910 90 1542075 111488 0 0 27756428 31447356 -316209 -230998 5822621 6277952 33262840 37494310 0 0 0 0 23045701 25322401 0 0 0 15409334 17449824 38455035 42772225 -5192195 -5277915 121997485 127546310 50386865 52539354 71610620 75006956 WOODFIELD COUNTRY CLUB PROVIDES AN INCLUSIVE AND DYNAMIC, FAMILY-FRIENDLY LIFESTYLE FOCUSED ON FUN AND WELLNESS THAT ENABLES OUR MEMBERS, THEIR FAMILIES AND GUESTS TO THRIVE, WHILE ENJOYING EXCEPTIONAL SERVICE DELIVERED BY A PROFESSIONAL AND MOTIVATED TEAM. 0 0 THE CLUB PROVIDES/MAINTAINS A CLUBHOUSE, GOLF COURSE, FITNESS FACILITY AND TENNIS FACILITY FOR THE BENEFIT OF ITS MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 80 0 1 910 1 1 1 0 0 0 1 1 0 2754691 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 X STEPHEN ROBINSON CFO 5619955204 3650 CLUB PLACE BOCA RATON FL 33496 GARY HERTZBERG TREASURER (THROUGH 3/30)/DIRECTOR (AS OF 3/30) 30.00 X X 0 0 0 MAXINE HOCHHAUSER PRESIDENT (11/1/22-10/31/23) 30.00 X X 0 0 0 BEVERLY FEURRING VICE PRESIDENT (11/1/22 - 03/30/23) 30.00 X X 0 0 0 MARISSA KATZ DIRECTOR (11/1/22 - 10/31/23) 30.00 X 0 0 0 ROBERT SCHWARTZ SECRETARY (11/1/22-03/30/23) DIRECTOR (03/30/23 - 30.00 X X 0 0 0 AMANDA RATUSHNY DIRECTOR (11/01/22)/VICE-PRESIDENT(03/30/23-10/31) 30.00 X 0 0 0 LONNY UNGER DIRECTOR (11/01/22-10/31/23) 30.00 X 0 0 0 LAURENCE BLAIR DIRECTOR(11/1/22-03/30/23)/SECRETARY (03/30-10/31) 30.00 X 0 0 0 STEVEN DOYNOW DIRECTOR(11/1/22-03/30)/ TREASURER(03/30-08/11/23) 30.00 X 0 0 0 EDWARD CASSATLY DIRECTOR(11/1/22-08/11/23)/ TREASURER(08/11-10/31) 30.00 X 0 0 0 STEPHEN ROBINSON CFO 50.00 X 320513 0 36247 EBEN MOLLOY GENERAL MANAGER 50.00 X 885460 0 333622 BART MESSING EXECUTIVE CHEF 50.00 X 472124 0 33679 MICHAEL STRLEKAR DIRECTOR OF GOLF 50.00 X 375737 0 37397 JEFF COHEN DIRECTOR OF TENNIS 50.00 X 260215 0 36405 JASON SPRANKLE DIRECTOR OF GCM 50.00 X 384580 0 37397 DONNIE MCDONALD CLUBHOUSE MANAGER 50.00 X 201523 0 34057 INGRID HOPE DIRECTOR OF MEMBERSHIP 50.00 X 176584 0 25862 3076736 0 574666 23 0 1 0 0 MEMBERSHIP & DUES 713910 25420525 25420525 TENNIS FEES 713910 1569724 1483202 86522 SPA & SALON 713910 1374160 1374160 GREEN & CART FEES 713910 1160709 1058971 101738 FITNESS & AQUATICS 713910 949568 949568 972670 972670 31447356 122954 122954 56728 24122 53859 380943 2869 -356821 -353952 2869 -356821 11908013 6188121 5719892 4491900 1227992 OTHER REVENUE 713910 558060 558060 558060 37494310 36309056 1542075 -356821 20484912 4837489 192412 4887388 1112958 CLUBHOUSE & ADMIN 3330963 FOOD & BEVERAGE 2610279 GC MAINT & PROP TAXES 1712985 GOLF OPS & LOCKERS 1236891 2365948 42772225 27630951 24768047 9286391 10644691 952271 1054572 2038117 1363998 107881857 38044450 68637678 69837407 4979327 303450 617500 13148627 14280768 121997485 127546310 5919752 5068913 30805663 34112800 12750000 11000000 911450 2357641 50386865 52539354 X 71610620 75006956 71610620 75006956 121997485 127546310 X -5277915 8674251 X X 0 1 X 1 0 66071263 20935387 45135876 16293480 10496666 5796814 25517114 6612397 18904717 69837407 GOODWILL 13148627 RIGHT-OF-USE ASSETS FOR OPERATING LEASES 1132141 14280768 DEFERRED COMPENSATION PLAN 617500 OTHER LIABILITIES 608000 OPERATING LEASE OBLIGATIONS - SHORT TERM 480356 OPERATING LEASE OBLIGATIONS - LONG TERM 651785 2357641 X 43682431 6188121 6188121 37494310 0 37494310 48960346 6188121 6188121 42772225 0 42772225 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENT TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,188,121. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,188,121. X X 0 1 0 EBEN MOLLOY GENERAL MANAGER 715706 0 145000 0 24754 0 300000 0 33622 0 1219082 0 0 0 BART MESSING EXECUTIVE CHEF 364894 0 77000 0 30230 0 0 0 33679 0 505803 0 0 0 JASON SPRANKLE DIRECTOR OF GCM 337580 0 20000 0 27000 0 0 0 37397 0 421977 0 0 0 MICHAEL STRLEKAR DIRECTOR OF GOLF 313737 0 35000 0 27000 0 0 0 37397 0 413134 0 0 0 STEPHEN ROBINSON CFO 269509 0 30000 0 21004 0 0 0 36247 0 356760 0 0 0 JEFF COHEN DIRECTOR OF TENNIS 212398 0 27000 0 20817 0 0 0 36405 0 296620 0 0 0 DONNIE MCDONALD CLUBHOUSE MANAGER 166005 0 19000 0 16518 0 0 0 34057 0 235580 0 0 0 INGRID HOPE DIRECTOR OF MEMBERSHIP 131200 0 18000 0 27384 0 0 0 25862 0 202446 0 0 0 PART I, LINE 4B EBEN MOLLOY - $300,000 FORM 990, PART VI, SECTION A, LINE 6 THE COUNTRY CLUB AT WOODFIELD IS A PRIVATE MEMBER OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: FULL EQUITY MEMBERS RECEIVE 2 VOTES AND STANDARD EQUITY MEMBERS RECEIVE 1 VOTE. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BY-LAWS, CHANGES TO THE TOTAL NUMBER OF MEMBERSHIPS, CHANGES TO THE NUMBER OF MEMBERS ALLOWED IN EACH MEMBERSHIP CATEGORY, CHANGES TO ASSESSMENTS, CHANGES TO MEMBERSHIP ELIGIBILITY, CHANGES TO MEMBERSHIP RIGHTS, AND ASSESSMENTS GREATER THAN 20% OF THE BUDGET FOR GROSS OPERATING REVENUES ALL REQUIRE THE APPROVAL OF MEMBERS ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD HAS DELEGATED THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER AND CFO. THE TREASURER AND CFO REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES WHO ARE UNSURE WHETHER A CERTAIN TRANSACTION, ACTIVITY, OR RELATIONSHIP CONSTITUTES A CONFLICT OF INTEREST SHOULD DISCUSS IT WITH THEIR SUPERVISOR OR A MEMBER OF MANAGEMENT FOR CLARIFICATION. ANY EXCEPTIONS TO THIS GUIDELINE MUST BE APPROVED IN WRITING BY THE GENERAL MANAGER. FAILURE TO ADHERE TO THESE GUIDELINES, INCLUDING FAILURE TO DISCLOSE ANY CONFLICTS OR TO SEEK AN EXCEPTION, MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES MAY INCLUDE REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, GENERAL MANAGER, AND THE CFO AND THE USE OF COMPARABLE COMPENSATION DATA. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE IT'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES PROCEEDS, NET 1,568,854. INITIATION FEES 3,935,000. MEMBERSHIP DUES, CAPITAL 3,170,397. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.