2024-09-27T14:39:18-05:00 2023-12-31 840930288 BROCK AND COMPANY CPAS PC 12050 PECOS STREET SUITE 210 WESTMINSTER CO 80234 990 2023-01-01 840455272 THE CLUB AT ROLLING HILLS CLUB 3033272368 15707 W 26TH AVENUE GOLDEN CO 80401 BILL FOWLER TREASURER 3033272368 2024-09-19 1 0 D MICHELLE GOEN CPA P00298791 3034500400 2023 2024-10-15 13:58:12Z BILL FOWLER 15707 W 26TH AVENUE GOLDEN CO 80401 12159938 0 X WWW.THECLUBATROLLINGHILLS.ORG X 1955 CO THE CLUB AT ROLLING HILLS OPERATES FOR THE RECREATIONAL BENEFIT OF ITS MEMBERS. 9 9 282 0 181604 12611 0 0 8257135 8339468 11854 28502 2171372 2206471 10440361 10574441 0 0 0 0 5284525 5425823 0 0 0 4681732 4991314 9966257 10417137 474104 157304 27573558 28169409 15556848 15849030 12016710 12320379 THE CLUB AT ROLLING HILLS IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED TO OPERATE FOR THE SOCIAL AND RECREATIONAL BENEFIT OF ITS MEMBERS. 0 0 THE CLUB AT ROLLING HILLS IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED TO OPERATE FOR THE SOCIAL AND RECREATIONAL BENEFIT OF ITS MEMBERS. 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 57 0 1 282 1 1 1 0 0 0 0 1155426 631635 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PATTI WARREN 3032793334 15707 W 26TH AVENUE GOLDEN CO 80401 X ERIC OLSON LAND/LRP 1.00 X 0 0 0 MARK BERNDT TENNIS/SWIM/FITNESS CHAIRMAN 1.00 X 0 0 0 CHRIS WROLSTAD MEMBERSHIP CHAIRMAN 1.00 X 0 0 0 MIKE CHRISTENSEN FACILITIES CHAIRMAN 1.00 X 0 0 0 JIM CHALDEKAS GOLF CHAIRMAN 1.00 X 0 0 0 BILL FOWLER TREASURER/FINANCE 1.00 X X 0 0 0 DOM GIARRATANO SECRETARY/GREEN 1.00 X X 0 0 0 EVAN NOYES VICE-PRESIDENT/HOUSE CHAIRMAN 1.00 X X 0 0 0 ROBBY MCCLURE PAST PRESIDENT 1.00 X 0 0 0 DAVE RANDALL PRESIDENT 1.00 X X 0 0 0 JEFF COVINGTON GENERAL MANAGER 40.00 X 0 0 0 PATTI L WARREN CONTROLLER 40.00 X 111344 0 9323 MARTA KOSTELNY MEMBERSHIP DIRECTOR 40.00 X 130472 0 9874 KARL JONES TENNIS DIRECTOR 40.00 X 142252 0 4860 BRIAN HODGES GOLF DIRECTOR 40.00 X 122361 0 3636 AARON FANKHAUSER SUPERINTENDENT 40.00 X 149789 0 10749 MIKE HESTERA FORMER GENERAL MANAGER 40.00 X 131747 0 6217 787965 0 44659 6 1 1 0 0 MEMBERSHIP 713910 6735642 6735642 PROGRAM SERVICE REVENUE 713910 1603826 1342836 260990 8339468 15012 15012 373565 138946 234619 234619 235210 -591 13490 0 13490 13490 13490 3337115 1446551 1890564 1984371 -93807 OTHER INCOME 713910 41213 41213 LATE FEES 713910 40075 40075 81288 10574441 10392837 181604 0 832624 3689033 447946 456220 19422 43250 68282 120 78361 212013 625440 1144229 168770 REPAIRS & MAINTENANCE 774069 PROPERTY TAXES 319539 UTILITIES 314399 TOURNAMENTS 228431 994989 10417137 2989833 3061098 581864 583004 325931 423463 85801 220745 38362341 14937520 23518782 23424821 71347 456278 27573558 28169409 1117673 1291773 422149 322453 13895179 13742122 121847 492682 15556848 15849030 X 0 0 0 0 12016710 12320379 12016710 12320379 27573558 28169409 X 157304 146365 X X 0 1 X 1 0 12193778 12193778 8168125 3036684 5131441 11284690 8169237 3115453 6584207 3731599 2852608 131541 131541 23424821 DEPOSITS 48000 DEFERRED COMPENSATION 31645 ROU LEASE LIABILITY 413037 492682 X 12300748 1726307 1726307 10574441 0 10574441 11997079 1579942 1579942 10417137 0 10417137 PART X, LINE 2: THE CLUB APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2023 AND 2022. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS WOULD BE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSES, NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY CONTRIBUTIONS 243,163. EQUITY PAYOUTS -96,798. COST OF GOODS SOLD 1,446,551. RENTAL CART LEASE EXPENSE 138,946. FOUNDATION DONATION -5,555. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,446,551. RENTAL CART LEASE EXPENSE 138,946. MISC EXPENSE -5,555. X X X 0 0 0 AARON FANKHAUSER SUPERINTENDENT 149789 0 0 0 0 0 4889 0 5860 0 160538 0 0 0 MIKE HESTERA FORMER GENERAL MANAGER 131747 0 0 0 0 0 3375 0 2842 0 137964 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLASSIFICATIONS OF MEMBERSHIPS IN THE ORGANIZATION INCLUDE THE FOLLOWING: A. GOLF MEMBERS B. JUNIOR GOLF MEMBERS C. SENIOR GOLF MEMBERS D. COMPANY SPONSORED GOLF MEMBERS E. HERITAGE MEMBERS F. LEGACY MEMBERS G. SURVIVING SPOUSE MEMBERS H. SOCIAL MEMBERS I. COMPANY SPONSORED SOCIAL MEMBERS J. SENIOR SOCIAL MEMBERS K. DISTINGUISHED MEMBERSHIP CLASSIFICATION L. HOUSE MEMBERS FORM 990, PART VI, SECTION A, LINE 7A IN VOTING FOR THE ELECTION OF THE GOVERNING BODY, ONLY GOLF MEMBERS, JUNIOR GOLF MEMBERS WHO HAVE PAID THEIR INITIATION FEE IN FULL, AND COMPANY SPONSORED GOLF MEMBERS ARE ENTITLED TO ONE FULL VOTE. JUNIOR GOLF MEMBERS WHO HAVE NOT YET PAID THEIR INITIATION FEES IN FULL ARE ENTITLED TO ONE-HALF VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER AND IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB AT ROLLING HILLS REQUIRES THAT EMPLOYEES PROTECT THE CLUB'S INFORMATION AND AVOID OUTSIDE ACTIVITIES OR RELATIONSHIPS, WHICH DO OR COULD ADVERSELY INFLUENCE THEIR DECISIONS OR ACTIONS ON THE JOB. CONFLICT OF INTEREST SITUATIONS, WHICH ARISE WHILE MOONLIGHTING FOR A COMPETITOR OF THE ORGANIZATION, SHOULD BE BROUGHT TO MANAGEMENT'S ATTENTION, COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED THROUGH AN ANNUAL AFFIRMATION FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION AMOUNTS FOR THE GENERAL MANAGER. THE COMPENSATION COMMITTEE USES COMPARABILITY DATA FROM COMPENSATION SURVEYS (SUCH AS PGA & PRIVATE CLUB ADVISORS) AND THE COMPENSATION LEVELS AT OTHER SIMILARLY-SITUATED CLUBS TO DETERMINE THE COMPENSATION LEVELS OF THE EMPLOYEES. THE ORGANIZATION MAINTAINS THE NECESSARY DOCUMENTATION OF HOW THE COMPENSATION LEVELS ARE SET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: EQUITY CONTRIBUTIONS 243,163. EQUITY PAYOUT -96,798. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT IN 2023 AFTER BEING REVIEWED BY AN INDEPENDENT ACCOUNTANT IN 2022.