2024-11-11T14:20:10-08:00 2023-12-31 270479293 PhilipRae & Associates CPAs 564 S WASHINGTON STREET 200 NAPERVILLE IL 60540 990 2023-01-01 363242512 PRESTWICK COUNTRY CLUB PRES 8154695550 601 PRESTWICK DRIVE FRANKFORT IL 60423 Michele Zolecki Controller 2024-11-11 true true Matthew Lohrenz P02010128 6305053620 2023 2024-10-15 13:58:12Z Michael Davis 601 PRESTWICK DRIVE FRANKFORT IL 60423 6118283 false X www.prestwickcc.com X The club is organized for social, recreation, and other nonprofitable purposes in accordance with internal revenue service code section 501(c)(7). 9 9 241 9 160867 96118 0 4530481 4153012 12072 93041 495907 4542553 4741960 0 0 1762828 1812238 0 0 1471511 1738887 3234339 3551125 1308214 1190835 7039476 8019770 2909159 2698618 4130317 5321152 The club is organized for social, recreation, and other nonprofitable purposes in accordance with internal revenue service code section 501(c)(7). false false Operation of golf course and restaurant for the reacreation of club members. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 15 0 true 241 true true true false false false false 395281 121659 false false false X 9 9 false false false false true true true true true false false true true false false true false true true false X Michele Zolecki 8154695550 601 PRESTWICK DRIVE Frankfort IL 60423 X EDWARD TINDALL MANAGER 40.00 0.00 186165 0 27755 Michael Davis President 4.00 0.00 X X 0 0 0 Ronald Testa Secretary 4.00 0.00 X X 0 0 0 Mark Joyce Director 4.00 0.00 X 0 0 0 Jennifer Dore Director 4.00 0.00 X 0 0 0 Gary Guild Director 4.00 0.00 X 0 0 0 Laura Beechy Director 4.00 0.00 X 0 0 0 John Cosgrove Director 4.00 0.00 X 0 0 0 Marc Dabaco Vice President 4.00 0.00 X X 0 0 0 LARRY HACKET Treasurer 4.00 0.00 X X 0 0 0 186165 27755 1 false true false 0 0 Golf Course Operations 713910 768907 728707 40200 Locker Room 42600 42600 MEMBERSHIP DUES & ASSESSM 3288625 3288625 Other program service rev 32240 32240 Swimming Fees 20640 20640 4153012 93041 93041 0 0 0 0 0 0 1872230 1376323 495907 468281 27626 0 4741960 4581093 160867 0 0 0 0 227182 0 1347746 17500 70738 149072 0 0 16975 0 0 0 30792 994 57017 1000 0 196945 0 0 1637 42322 0 402622 112342 Grounds maintenance 192429 All other expenses 188562 operating supplies 185658 grounds supplies 138558 171034 3551125 0 0 0 326390 60417 1596486 2510287 0 1598812 1629623 0 0 0 49887 150133 195635 11904352 8383654 3226279 3520698 0 0 0 0 141376 53223 7039476 8019770 455284 517699 1258258 1240753 975000 910000 65000 155617 30166 2909159 2698618 X 4130317 5321152 4130317 5321152 7039476 8019770 1190835 X false true X false false 109067 109067 10746753 7476297 3270456 1048532 907357 141175 3520698 Deposits 18948 Equipment Lease 11218 30166 X 6114743 1372783 1372783 4741960 4741960 4923908 1372783 1372783 3551125 3551125 Part X : FIN48 Footnote THE CLUB EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2023, MANAGEMENT HAS EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS TO COMPLY WITH THE TAX PROVISION OF THE ACCOUNTING GUIDANCE FOR INCOME TAXES. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Cost of goods sold $1372783 Part XII, Line 2d: Other expenses and losses per audited F/S Cost of goods sold $1372783 X false false false EDWARD TINDALL MANAGER 157615 28550 27755 213920 Form 990, Part VI, Section A, Line 6 CHARTER GOLF, REGULAR GOLF , AND SPONSORING MEMBERS ARE EQUITABLE OWNERS OF THE PROPERTY AND ASSETS OF THE CLUB. UPON DISSOLUTION OF THE CORPORATION,TITLE TO ALL PROPERTY OWNED BY THE CORPORATION VESTS IN EQUAL SHARES IN THE THEN CURRENT CHARTER GOLF, REGULAR GOLF, AND SPONSORING MEMBERS SUBJECT , HOWEVER , TO ALL DEBTS AND LIABILITIES OF THE CORPORATION, AND INDIVIDUAL LIABILITIES OF SUCH MEMBERS TO THE CORPORATION. CHARTER GOLF, REGULAR GOLF, SPONSORING, AND CORPORATE GOLF MEMBERS ARE VOTING MEMBERS, AND, IF IN GOOD STANDING, ENTITLED TO VOTE AT ANY MEETING OF MEMBERS, TO VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS AND TO HOLD ELECTIVE OFFICE. Form 990, Part VI, Section A, Line 7a THE NOMINATING COMMITTEE ELECTS THE BOARD MEMBERS. THE MOST RECENT AVAILABLE PAST PRESIDENT, NOT PRESENTLY SERVING ON THE BOARD, SHALL CHAIR THE NOMINATING COMMITTEE, WHICH SHALL CONSIST OF SIX (6) ADDITIONAL VOTING MEMBERS IN GOOD STANDING SELECTED BY THE CHAIRPERSON AND APPROVED BY THE BOARD. NEITHER BOARD MEMBERS NOR VOTING MEMBERS ON THE RESIGNATION LIST ARE ELIGIBLE FOR THE NOMINATING COMMITTEE. Form 990, Part VI, Section A, Line 7b THE MEMBERSHIP BODY MAY VOTE ON UNDERTAKING PROJECTS THAT ARE PROJECTED TO REQUIRE $50,000 OR MORE IN DEBT. THEY MAY ALSO VOTE ON SELLING OR DISPOSING OF PROPERTY VALUED AT $10,000 OR MORE. Form 990, Part VI, Section B, Line 11b THE DIRECTOR OF FINANCE HAS THE TREASURER REVIEW THE 990 BEFORE FILING. Form 990, Part VI, Section B, Line 15a THE BOARD AND/OR GENERAL MANAGER EVALUATE PERFORMANCE, INDUSTRY STANDARDS,AND THE AREA JOB MARKET WHEN DETERMINING THE COMPENSATION FOR MANAGEMENT POSITIONS AS WELL AS OTHER OFFICERS OR KEY EMPLOYEES. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND POLICIES ARE POSTED ON OUR WEBSITE. WE WILL FURNISH FINANCIAL STATEMENTS AND MEMBERSHIP REPORTS UPON REQUEST.