2024-09-13T11:16:02-05:00 2023-10-31 411680240 SDK CPA 100 WASHINGTON AVE S STE 1600 MINNEAPOLIS MN 55401 990 2022-11-01 410883050 NORTH OAKS GOLF CLUB NORT 6514846311 54 EAST OAKS ROAD ST PAUL MN 55127 MARK AUTH PRESIDENT 6514846311 2024-09-12 1 0 BRANDON REINSCHMIDT CPA P01778488 6123325500 2024-09-12 2022 2024-08-08 14:25:15Z MARK AUTH 54 EAST OAKS ROAD ST PAUL MN 55127 8189258 0 X NORTHOAKSGOLFCLUB.COM X 1964 MN TO OPERATE A GOLF CLUB FOR SOCIAL, RECREATIONAL, AND ATHLETIC PURPOSES. 9 9 201 10 171111 0 0 0 5723627 4337673 40394 147487 444491 529097 6208512 5014257 0 0 0 0 1827081 1981094 0 0 0 2385013 2474186 4212094 4455280 1996418 558977 12607855 12259478 6975909 6068555 5631946 6190923 X TO OPERATE A GOLF CLUB FOR SOCIAL, RECREATIONAL, AND ATHLETIC PURPOSES. 0 0 1588435 2825378 GOLF COURSE: THE GOLF COURSE IS PROVIDED FOR THE FACILITATION OF SOCIAL, RECREATIONAL AND ATHLETIC BENEFIT OF THE ORGANIZATION'S MEMBERS AND THEIR GUESTS. THE TOTAL ROUNDS OF GOLF PLAYED DURINGTHE FISCAL YEAR ARE 19,605. 461828 1571039 CLUBHOUSE: THE CLUBHOUSE IS PROVIDED FOR SOCIAL INTERACTION WHILE THE MEMBERS AND THEIR GUESTS ARE AT THE GOLF CLUB. 553790 173070 PRO SHOP: THE PRO SHOP PROVIDES FOR SUPPLIES AND TRAINING IN THE SPORT OF GOLF FOR THE ORGANIZATION'S MEMBERS AND THEIR GUESTS. 28046 225868 LOCKER ROOM 28046 225868 2632099 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 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 2 0 1 201 1 1 1 0 0 0 0 248629 674484 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X JUSTIN DORDAL 6514846311 54 EAST OAKS ROAD ST PAUL MN 55127 BEN PELTIER EX-OFFICIO 2.00 X 0 0 0 MARK AUTH VICE PRESIDENT 2.00 X X 0 0 0 KATIE URBANIAK BOARD MEMBER 2.00 X 0 0 0 RUSTY KOCON BOARD MEMBER 2.00 X 0 0 0 JOE SALVATORI BOARD MEMBER 2.00 X 0 0 0 GREG STALSBERG BOARD MEMBER 2.00 X 0 0 0 ANN CLARIDGE SECRETARY/TREASURER 2.00 X X 0 0 0 SANJAY KUBA BOARD MEMBER 2.00 X 0 0 0 MOLLY SCHNAGL BOARD MEMBER 2.00 X 0 0 0 MORGAN DONOHUE PRESIDENT 2.00 X X 0 0 0 PHIL ANDERSON GENERAL MANAGER (PART YEAR) 40.00 X 140442 0 0 PAT MARKLEY GENERAL MANAGER (PART YEAR) 40.00 X 44642 0 0 185084 0 0 1 0 0 0 0 MEMBERSHIP REVENUE 713910 4337673 4337673 4337673 18852 18852 241536 112901 128635 128635 128635 3591197 3062100 529097 376838 152259 5014257 4843146 171111 0 210138 1682224 88732 63793 95774 75575 315643 208924 930732 83809 REPAIRS & MAINTENANCE 469434 MISCELLANEOUS 183609 MEMBERSHIP PROMOTION 33171 BOARD & MANAGEMENT 13722 4455280 1900266 843722 392772 442835 144307 127355 58547 83944 20689427 10369805 9611927 10319622 330886 272850 169150 169150 12607855 12259478 1548847 512388 143554 151932 4814622 4993385 468886 410850 6975909 6068555 X 5069841 6020189 562105 170734 5631946 6190923 12607855 12259478 558977 0 X 0 1 X 1 0 83200 83200 8039779 4124784 3914995 6935840 2819210 4116630 5630608 3425811 2204797 10319622 DEFERRED COMPENSATION 272850 REDEEMABLE CLUBHOUSE CERT 138000 410850 X 8339093 3324836 3324836 5014257 0 5014257 7388745 2933465 2933465 4455280 0 4455280 PART X, LINE 2: THE CLUB IS EXEMPT FROM CORPRORATE INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, EXCEPT WITH RESPECT TO NET INCOME REALIZED FROM ACTIVITIES UNRELATED TO ITS BUSINESS. MANAGEMENT EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAD TAKEN NO UNCERTAIN INCOME TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ITEMS REPORTED AS EXPENSES ON THE FINANCIAL STATEMENTS AND OFFSET AGAINST REVENUE ON THE 990. DUES & SPECIAL ASSESSMENT USED 1,188,363. DUES -796,992. FOOD & BEVERAGE 3,062,100. GAIN ON DISPOSAL OF PROPERTY -128,635. PART XII, LINE 2D - OTHER ADJUSTMENTS: ITEMS REPORTED AS EXPENSES ON THE FINANCIAL STATEMENTS AND OFFSET AGAINST REVENUE ON THE 990. FOOD & BEVERAGE 3,062,100. GAIN ON DISPOSAL OF PROPERTY -128,635. BELOW REPORTING THRESHOLDS 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE BROKEN OUT INTO 4 CATEGORIES OF MEMBERS: GOLF MEMBERS - STOCK HOLDERS SOCIAL MEMBERS - NON-STOCKHOLDERS SENIOR MEMBERS - TURN IN STOCK FOR REDUCED DUES DEFERRED GOLF MEMBERS - WORKING TO BECOME STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 7A GOLF MEMBERS WHO OWN A SHARE OF STOCK MAY ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS REQUIRE A MAJORITY VOTE. BORROWING OF MONEY IN EXCESS OF $550,000 REQUIRE A TWO-THIRDS VOTE OF CORPORATE GOLF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED AND PROVIDED TO THE GOVERNING BODY FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS THE FOUR KEY EMPLOYEE CONTRACTS. THE GENERAL MANAGER REVIEWS ALL OTHER NON-CONTRACT DEPARTMENT HEADS. THEY ALSO UTILIZE WAGE STUDIES AND SURVEYS FOR BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, TAX RETURN, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FEDERAL FOOTNOTES ** FOOTNOTE 1 ** SCHEDULE A COMPUTATIONS: $ 193,055 UNRELATED BAR/REST INCOME-GOLF RELATED ACTIVITIES 2,704,442 DIVIDED BY TOTAL BAR/RESTAURANT INCOME ----------- 7.138% =========== 3,062,100 TOTAL FOOD AND BEVERAGE COST OF SALES 7.138% MULTIPLIED BY ABOVE ALLOCATION RATE ----------- $ 218,586 =========== ALL EXPENSE ALLOCATIONS TO UBI ARE BASED ON THE TAXPAYER'S AGREEMENT WITH THE INTERNAL REVENUE SERVICE DATED JULY 10, 2002. FOOD AND BEVERAGE (F&B) OPERATIONS ARE SEPARATED BETWEEN GOLF-RELATED AND STAND-ALONE F&B OPERATIONS. DIRECT EXPENSES ARE ALLOCATED TO GOLF-RELATED ACTIVITIES BASED ON THE GOLF-RELATED F&B UBI GROSS RECEIPTS TO TOTAL F&B GROSS RECEIPTS. INDIRECT EXPENSES ARE ALLOCATED TO GOLF-RELATED UBI ACTIVITES AS DESCRIBED BELOW USING THE SAME RATIO. IN ACCORDANCE WITH THE TAXPAYER'S AGREEMENT WITH THE SERVICE, DIRECT EXPENSES ARE ALLOCATED TO STAND-ALONE F&B UBI ACTIVITIES IN AN AMOUNT NOT TO EXCEED THE GROSS RECEIPTS FROM SUCH ACTIVITIES. NO FURTHER EXPENSE ALLOCATION IS ALLOWED AND LOSSES WILL NOT BE RECOGNIZED. GOLF ACTIVITY EXPENSES ARE ALLOCATED TO GOLF UBI INCOME BASED ON THE RATIO OF THE NUMBER OF UBI GOLF ROUNDS TO THE TOTAL GOLF ROUNDS PLAYED DURING THE YEAR. EXPENSES ARE DISTRIBUTED ON A DIRECT BASIS WHERE APPROPRIATE. G&A EXPENSES ARE ALLOCATED 50% TO THE F&B OPERATIONS AND 50% TO GOLF ACTIVITIES BASED ON MANAGEMENT'S CONTINUING ASSESSMENT OF PERSONNEL INVOLVED AND DUTIES PERFORMED. ** FOOTNOTE 2 ** CLUBHOUSE EXPENSES ARE ANALYZED SEPARATELY AND ARE ALLOCATED 50% TO THE F&B OPERATIONS AND 50% TO GOLF ACTIVITIES BASED ON MANAGEMENT'S CONTINUING ASSESSMENT. ** FOOTNOTE 3 ** FORM 990, PART V - OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ALL COMPENSATION INFORMATION IS BASED ON THE INDIVIDUALS REPORTABLE COMPENSATION (EITHER FORM W-2 OR FORM 1099) FOR THE CALENDAR YEAR ENDING DURING THE TAXPAYER'S CURRENT FISCAL YEAR.