2024-02-28T15:22:52-06:00 2023-09-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-10-01 560344185 OLD TOWN CLUB INC OLDT 3367235533 2875 OLD TOWN CLUB ROAD WINSTONSALEM NC 27106 JASON ZAKS PRESIDENT 3367235533 2024-02-09 1 JASON ZAKS 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JASON ZAKS 2875 OLD TOWN CLUB ROAD WINSTONSALEM NC 27106 13415514 0 X WWW.OLDTOWNCLUB.ORG X 1946 NC PRIVATE SOCIAL CLUB OPERATING FOR THE RECREATIONAL AND SOCIAL PURPOSES OF ITS MEMBERS. 16 16 181 16 546096 1574 0 0 5230615 9847708 2659 2860 3175354 2726725 8408628 12577293 0 0 0 0 4514540 4678083 0 0 0 3849559 4108705 8364099 8786788 44529 3790505 12857487 22032261 4900279 10284548 7957208 11747713 PRIVATE SOCIAL CLUB OPERATING FOR THE RECREATIONAL AND SOCIAL PURPOSES OF ITS MEMBERS. 0 0 TAX EXEMPT CLUB ACTIVITIES 0 0 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 1 0 0 0 0 0 0 0 0 0 0 1 28 0 1 181 1 1 1 0 0 0 0 5534874 839886 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 X X DONYA STACK CONTROLLER 3367235533 2875 OLD TOWN CLUB ROAD WINSTONSALEM NC 27106 X JASON ZAKS PRESIDENT 1.00 X X 0 0 0 MARK DOUGHTON VICE-PRESIDENT 1.00 X X 0 0 0 RICK MALOY VICE-PRESIDENT 1.00 X X 0 0 0 JIM GALLOWAY VICE-PRESIDENT 1.00 X X 0 0 0 JIM WELSH JR SECRETARY 1.00 X X 0 0 0 PHIL WAUGH TREASURER 1.00 X X 0 0 0 HARRISON DEAN DIRECTOR 1.00 X 0 0 0 EDWIN WELCH DIRECTOR 1.00 X 0 0 0 BEN HOUGH DIRECTOR 1.00 X 0 0 0 BOBBY COOPER DIRECTOR 1.00 X 0 0 0 DUNLOP WHITE III DIRECTOR 1.00 X 0 0 0 MARTIN BAKER DIRECTOR 1.00 X 0 0 0 JOHN MILLICAN DIRECTOR 1.00 X 0 0 0 MELISSA COMBES DIRECTOR 1.00 X 0 0 0 DON SMITH DIRECTOR 1.00 X 0 0 0 MATT MCCHESNEY DIRECTOR 1.00 X 0 0 0 JOSH PARIS GENERAL MANAGER 45.00 X 268434 0 22240 BRYANT EVANS DIRECTOR OF AGRONOMY 45.00 X 183103 0 10599 CHARLES FROST DIRECTOR OF GOLF 45.00 X 207457 0 20653 LUKE FUSSELL EXECUTIVE CHEF 45.00 X 136075 0 18732 DONYA STACK CONTROLLER 45.00 X 122932 0 21644 LINDSEY WARREN ASST. GENERAL MANAGER 40.00 X 107311 0 21086 1025312 0 114954 6 0 1 0 I L LONG CONSTRUCTION 4117 INDIANA AVENUE WINSTONSALEM NC 27115 CONSTRUCTION SERVICES 411773 1 MEMBERSHIP DUES 713910 4312834 4312834 CAPITAL FEES 713910 3563381 3563381 INITIATION FEES 713910 1971493 1971493 9847708 2860 2860 3341220 838221 2502999 1959763 543236 INSURANCE PROCEEDS 900099 223726 223726 223726 12577293 11807471 546096 223726 536718 3434095 38310 391841 277119 36580 210450 152683 134729 494476 5253 31319 173474 739615 125615 GOLF COURSE OPERATIONS 675171 OTHER DEPT. OPERATIONS 417079 EQUIPMENT RENTAL 409199 FOOD & BEV. OPERATIONS 292460 210602 8786788 321874 293372 2144792 844809 2123915 2737305 103208 103518 137458 179973 25140523 8343530 8026240 16796993 0 1076291 12857487 22032261 442745 750070 20215 14620 4421274 8443567 16045 1076291 4900279 10284548 X 7957208 11747713 7957208 11747713 12857487 22032261 3790505 0 X 0 1 X 1 0 284981 284981 10441161 5780896 4660265 2921369 1042884 1878485 11493012 1519750 9973262 16796993 OPERATING LEASES PAYABLE, NET 1076291 1076291 13415514 838221 838221 12577293 0 12577293 9625009 838221 838221 8786788 0 8786788 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 838,221. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 838,221. X X 1 1 X X X X X 0 0 0 JOSH PARIS GENERAL MANAGER 234808 0 33626 0 0 0 7054 0 15186 0 290674 0 0 0 CHARLES FROST DIRECTOR OF GOLF 206250 0 1207 0 0 0 5530 0 15123 0 228110 0 0 0 BRYANT EVANS DIRECTOR OF AGRONOMY 180103 0 3000 0 0 0 4578 0 6021 0 193702 0 0 0 LUKE FUSSELL EXECUTIVE CHEF 133300 0 2775 0 0 0 3745 0 14987 0 154807 0 0 0 EDWIN WELCH BOARD OF DIRECTOR 3363879 CLUB RENOVATIONS: I L LONG CONSTRUCTION 4117 INDIANA AVENUE WINSTON-SALEM, NC 27115 POOL/PAVILLION CONSTRUCTION PAID IN CALENDAR YEAR 2023 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERSHIP: RESIDENT, SENIOR, LADY, JUNIOR, ASSOCIATE, COMPLIMENTARY AND NONRESIDENT. FORM 990, PART VI, SECTION A, LINE 7A EACH RESIDENT MEMBER, SENIOR MEMBER, AND JUNIOR MEMBER SHALL HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND GENERAL MANAGER MEET WITH AUDIT FIRM TO REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MAINTAINS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS. ALL BOARD MEMBERS ARE REQUIRED TO READ, COMPLETE AND SIGN THE CONFLICT OF INTEREST FORM ANNUALLY. IN THE EVENT OF A POTENTIAL CONFLICT DURING THE YEAR, THAT MEMBER MUST RECUSE HIMSELF/HERSELF FROM BOTH THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS INDEPENDENTLY REVIEWS AND APPROVE THE COMPENSATION OF THE GENERAL MANAGER'S COMPENSATION BY REVIEWING A COMPENSATION STUDY THAT DETAILS THE AVERAGE COMPENSATION OF OTHER CLUB MANAGERS AROUND THE COUNTRY. THE BOARD'S DECISION IS DOCUMENTED IN THE MEETING MINUTES. THE GENERAL MANAGER REVIEWS AND APPROVES ALL OTHER EMPLOYEES' COMPENSATION. HE RELIES UPON DATA FROM THE ANNUAL COMPENSATION AND BENEFITS SURVEY FROM THE CLUB MANAGERS ASSOCIATION OF AMERICA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERS UPON REQUEST.