2024-11-06T14:55:27-06:00 2023-12-31 540737372 PBMARES LLP 150 BOUSH STREET SUITE 400 NORFOLK VA 23510 990 2023-01-01 541673988 BAYVILLE GOLF CLUB BAYV 7574607936 4137 FIRST COURT ROAD VIRGINIA BEACH VA 23455 ALVIN A WALL TREASURER 7574607936 2024-11-04 1 1 EDWARD T YODER CPA P00239134 7576274644 2024-11-04 X 2023 2024-10-15 13:58:12Z ALVIN A WALL 4137 FIRST COURT ROAD VIRGINIA BEACH VA 23455 5613930 0 X BAYVILLEGOLFCLUB.COM X 1994 VA TO PROVIDE FACILITIES TO PLAY GOLF AND OTHER RECREATIONAL ACTIVITIES FOR ITS MEMBERS, THEIR FAMILY AND GUESTS. 15 15 109 15 5667 4387 0 0 3546916 3942181 8938 5667 674940 662172 4230794 4610020 0 0 0 0 2170356 2886298 0 0 0 1980679 2548617 4151035 5434915 79759 -824895 24029781 24180176 3673647 5609978 20356134 18570198 TO PROVIDE FACILITIES TO PLAY GOLF AND OTHER RECREATIONAL ACTIVITIES FOR ITS MEMBERS, THEIR FAMILY AND GUESTS. 0 0 FOOD AND BEVERAGE PROVIDED TO MEMBERS AND THEIR GUESTS. GOLF PROVIDED TO MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 13 0 1 109 1 1 1 0 0 0 1 1 255000 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7574607936 4137 FIRST COURT ROAD VIRGINIA BEACH VA 23455 STEPHEN WHITFIELD PRESIDENT 2.00 X X 0 0 0 ALVIN WALL TREASURER 2.00 X X 0 0 0 BRIAN HOLLAND SECRETARY 2.00 X X 0 0 0 BERT ROSS DIRECTOR 1.00 X 0 0 0 ANINA BUDIG DIRECTOR 1.00 X 0 0 0 GREG CASEY DIRECTOR 1.00 X 0 0 0 AVERY WAIGHTSTILL DIRECTOR 1.00 X 0 0 0 STAN BALDWIN DIRECTOR 1.00 X 0 0 0 MARK FLEMING DIRECTOR 1.00 X 0 0 0 STEVE FREDRICKSON DIRECTOR 1.00 X 0 0 0 ROB HERSHEY DIRECTOR 1.00 X 0 0 0 JAY LIVINGHOOD DIRECTOR 1.00 X 0 0 0 MATT NUSBAUM DIRECTOR 1.00 X 0 0 0 JOHN PETERSON DIRECTOR 1.00 X 0 0 0 JOAN STUMBORG DIRECTOR 1.00 X 0 0 0 TJ YOUNG GENERAL MANAGER 60.00 X 138744 0 18735 SCOTT MAULDIN GOLF COURSE MAINTENANCE 60.00 X 165230 0 10451 303974 0 29186 2 0 1 0 0 MEMBER DUES 713910 3043816 3043816 GOLF 713910 582920 582920 INITIATION FEES 713910 255000 255000 OTHER REVENUE 713910 60445 60445 3942181 5667 5667 1310389 1003910 306479 306479 CAPITAL FUND 900099 355693 355693 355693 4610020 4604353 5667 0 2462704 213846 209748 19904 92749 6649 117229 316971 16549 108313 739226 66125 COURSE SUPPLIES AND MAI 500282 SUPPLIES 185832 EQUIPMENT RENTAL 159199 REPAIRS 62310 157279 5434915 1946142 1613446 50997 1056664 621412 636546 234619 260386 135516 119366 26887850 7101571 20771712 19786279 269383 707489 24029781 24180176 361839 343294 281427 309069 2875000 4371710 155381 585905 3673647 5609978 X 20356134 18570198 20356134 18570198 24029781 24180176 X -824895 -631296 -329745 X X 1 X 0 1 0 2262092 2262092 21767635 4968910 16798725 2858123 2132661 725462 19786279 LEASES 585905 585905 X 5613930 1003910 1003910 4610020 0 4610020 6438825 1003910 1003910 5434915 0 5434915 PART X, LINE 2: THE CLUB IS SUBJECT TO INCOME TAXES ON AMOUNTS GENERATED FROM INVESTMENT INCOME AND CERTAIN OTHER UNRELATED BUSINESS TAXABLE INCOME. THE CLUB IS REQUIRED TO FILE A FEDERAL TAX RETURN. TAX YEARS BEFORE 2017 ARE GENERALLY NO LONGER SUBJECT TO FEDERAL INCOME TAX EXAMINATIONS. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE CLUB'S TAX FILINGS AND DOES NOT BELIEVE ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,003,910. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,003,910. X 0 0 0 SCOTT MAULDIN GOLF COURSE MAINTENANCE 165230 0 0 0 0 0 0 0 10451 0 175681 0 0 0 TJ YOUNG GENERAL MANAGER 138744 0 0 0 0 0 6117 0 12618 0 157479 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 BAYVILLE GOLF CLUB (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS SHALL BE ELECTED BY THE VOTING EQUITY MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS ARE BROUGHT BEFORE COMMITTEES WHICH CONSIST OF REGULAR MEMBERS AS WELL AS BOARD MEMBERS. OTHER DECISIONS REQUIRE THE FULL MEMBERSHIP TO VOTE (OR AT LEAST A QUORUM). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN DISTRIBUTED TO THE BOARD VIA EMAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB REGULARLY AND CONSTANTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REQUESTING BOARD MEMBERS AND KEY EMPLOYEES TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND DISCLOSE ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 YES, THE CURRENT AND THE FORMER PRESIDENT MET AND DETERMINE THE COMPENSATION' THE CLUB DOES NOT COMPENSATE ANY OFFICERS AND/OR BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: REDEMPTION OF INITIATION FEES -197,245. REDEMPTION OF CAPITAL CONTRIBUTIONS -132,500. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART XI RECONCILIATION OF NET ASSETS, LINE 8 PRIOR PERIOD ADJUSTMENTS THE PRIOR PERIOD FINANCIAL STATEMENTS WERE ADJUSTED PRIMARILY TO REPORT A LOSS ON DISPOSAL OF PROPERTY, PLANT, AND EQUIPMENT WHICH WAS PREVIOUSLY OMITTED.