2024-11-15T13:37:20-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-01-01 060478680 OLD LYME COUNTRY CLUB INC OLDL 8604341639 40 MCCURDY ROAD OLD LYME CT 06371 LAWRENCE TUCKER PRESIDENT 8604341639 2024-11-15 1 1 KERRI RAWCLIFFE P01398485 4016216200 2024-11-15 2023 2024-10-15 13:58:12Z LAWRENCE TUCKER 40 MCCURDY ROAD OLD LYME CT 06371 3579515 0 X WWW.OLDLYMECOUNTRYCLUB.COM X 1916 CT PRIVATE GOLF AND TENNIS FACILITY PROVIDING OPPORTUNITIES FOR MEMBERS TO SOCIALIZE. 13 13 26 13 36276 22284 0 0 2243166 2466535 105 325 -166589 -135645 2076682 2331215 0 0 0 0 976664 1006118 0 0 0 868087 871643 1844751 1877761 231931 453454 1850160 2475816 1371201 1543403 478959 932413 FOUNDED IN 1916, OLD LYME COUNTRY CLUB PROVIDES A UNIQUE COUNTRY CLUB EXPERIENCE THAT BLENDS TRADITION WITH COMMITMENT TO OUTSTANDING MEMBER SERVICE. 0 0 PROVISION OF GOLF & TENNIS FACILITY THAT PROVIDES OPPORTUNITY FOR MEMBERS TO SOCIALIZE. 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 208 0 1 26 1 1 1 0 0 0 0 125013 72070 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 X ROSE SAVIGNAC 8604341639 40 MCCURDY ROAD OLD LYME CT 06371 X LAWRENCE TUCKER PRESIDENT 1.00 X X 0 0 0 SUE GREY VICE PRESIDENT 1.00 X X 0 0 0 ROB SURDAM TREASURER 1.00 X X 0 0 0 DENNIS LAVETTE SECRETARY 1.00 X X 0 0 0 ROB RABINE GOVERNOR 1.00 X 0 0 0 BILL JACARUSO GOVERNOR 1.00 X 0 0 0 CLINT REID GOVERNOR 1.00 X 0 0 0 BILL BELLUZZI GOVERNOR 1.00 X 0 0 0 ANNE MULHOLLAND GOVERNOR 1.00 X 0 0 0 SHARON CRAIG GOVERNOR 1.00 X 0 0 0 ANNE HEFTER GOVERNOR 1.00 X 0 0 0 BRIAN BOWES GOVERNOR 1.00 X 0 0 0 SANDY GERSTER GOVERNOR 1.00 X 0 0 0 ROB BARBEAU GOLF PROFESSIONAL 40.00 X 108301 0 0 MIKE IWANICKI GENERAL MANAGER 40.00 X 109630 0 0 217931 0 0 2 0 0 0 0 MEMBERSHIP DUES 713910 2045871 2045871 SPECIAL ASSESMENT 713910 173403 173403 INITIATION FEES 713910 125013 125013 GOLF 713910 61076 57976 3100 TENNIS 713910 36009 36009 25163 25163 2466535 325 325 1093300 1248300 -155000 -187851 32851 FINANCE CHARGES 713910 19328 19328 MISCELLANEOUS REVENUE 900099 27 27 19355 2331215 2294939 36276 0 855198 7675 69213 74032 14875 13500 28636 38467 129991 6454 103296 89953 GROUNDS/GOLF EXPENSES 183313 FACILITY EXPENSES 132599 REPAIRS & MAINTENANCE 52067 TENNIS EXPENSES 31165 47327 1877761 47158 18119 99366 524706 157659 200522 121 27806 30431 13351 29257 6631973 4959313 1504820 1672660 1850160 2475816 86435 76305 683357 813911 52474 49912 54253 129728 494682 473547 1371201 1543403 X 478959 932413 478959 932413 1850160 2475816 453454 0 X X 1 X 0 1 0 668011 668011 1242956 874164 368792 4694389 4058532 635857 26617 26617 0 1672660 CAPITAL CERTIFICATES 3723 CAPITAL BONDS 430207 NOTES PAYABLE - MEMBERS 39617 473547 X PART X, LINE 2: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO DECEMBER 31, 2020. BILL JACARUSO DIRECTOR CAPITAL BOND X 3600 3600 0 0 0 BILL JACARUSO DIRECTOR PADDLE FUNDING X 8000 3695 0 0 0 KENNETH RUSSELL DIRECTOR CAPITAL BOND X 3600 3600 0 0 0 CHRISTOPHER CATHCART DIRECTOR POOL FUNDING (CERTIFICATE) X 15000 6539 0 0 0 SUE GREY VICE PRESIDENT CAPITAL BOND X 1200 1200 0 0 0 LAWRENCE TUCKER PRESIDENT PADDLE FUNDING X 8000 3695 0 0 0 LAWRENCE TUCKER PRESIDENT POOL FUNDING (CERTIFICATE) X 17594 9183 0 0 0 CLINT REID DIRECTOR CAPITAL BOND X 4000 4000 0 0 0 JON DAY DIRECTOR CAPITAL BOND X 3600 3600 0 0 0 PETER GERSTER DIRECTOR CAPITAL BOND X 3600 3600 0 0 0 GREGORY GODBOUT DIRECTOR CAPITAL BOND X 3600 3600 0 0 0 ROBERT SURDAM TREASURER CAPITAL BOND X 3600 3600 0 0 0 49912 FORM 990, PART VI, SECTION A, LINE 6 THE COUNTRY CLUB IS MADE OF MEMBERS WHO PAY ANNUAL DUES IN ORDER TO BE A PART OF THE ORGANIZATION AND USE THE FACILITIES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COUNTRY CLUB VOTE FOR AND ELECT THE MEMBERS OF THE GOVERNING BODY TO ACT ON THEIR BEHALF. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF GOVERNORS MEETS MONTHLY. IF IT DECIDES THAT THERE NEEDS TO BE REVISION TO THE BYLAWS, A MAILING IS SENT OUT TO THE MEMBERS TO VOTE ON THE CHANGE. THERE IS A MEETING SCHEDULED TO TALLY THE VOTES AND HEAR ANY CONCERNS FOR THE MEMBERSHIP. MEMBERS MAY ALSO CAST A BALLOT AT THE MEETING. THE BYLAWS MAY THEN BE AMENDED IF THERE IS A QUORUM EITHER IN PERSON OR BY PROXY AND WITH THE AFFIRMATIVE VOTE OF THE 2/3 OF THE VOTES CAST. FORM 990, PART VI, SECTION B, LINE 11B AFTER REVIEW BY THE TREASURER THE 990 IS DISTRIBUTED TO THE 13 VOTING MEMBERS FOR COMMENT. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS IN THE COMPANY HANDBOOK WHICH IS GIVEN TO EVERY EMPLOYEE AND UPDATED AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15A ALL SALARIES COMES FROM A COMBINED EFFORT OF THE FINANCE COMMITTEE AND THE BOARD. THE EXECUTIVE COMMITTEE RECOMMENDS A SALARY FOR THE FISCAL YEAR. THAT IS REVIEWED WITHIN THE FULL CLUB BUDGET AND THEN APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.