2024-08-09T09:55:30+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 561304056 Highlands Country Club Inc HIGH 8285262181 PO BOX 220 Highlands NC 28741 Greg Crawford General Manager 8285262181 2024-08-09 true true Amy Bibby P00445891 8282542254 2024-08-09 2023 2024-08-08 14:25:15Z Greg Crawford PO BOX 220 Highlands NC 28741 12398429 false X www.highlandscountryclub.com X 1980 NC Social Country Club 9 9 156 95 682889 53932 0 0 9162330 9911754 88965 109579 1018919 1024007 10270214 11045340 0 0 0 0 5239649 5464875 0 0 0 4112605 4573036 9352254 10037911 917960 1007429 33122741 34753000 19741886 20521000 13380855 14232000 DESCRIPTION OF ORGANIZATION MISSION: FOUNDED IN 1928, HIGHLANDS COUNTRY CLUB IS THE PREMIER, FAMILY-ORIENTED CLUB IN THE NORTH CAROLINA MOUNTAINS. THE CLUB IS STEEPED IN RICH HISTORY AND TRADITION, FROM ITS DONALD ROSS DESIGNED GOLF COURSE TO ITS COMMUNITY OF CARING MEMBERS. THE CLUB IS COMMITTED TO PROVIDING ITS GEOGRAPHICALLY DIVERSE MEMBERSHIP WITH SUPERB FACILITIES AND A DEDICATED AND TALENTED STAFF. HIGHLANDS COUNTRY CLUB IS A RESPONSIBLE AND INVOLVED PARTICIPANT IN THE TOWN OF HIGHLANDS. false false NON-PROFIT COUNTRY CLUB PROVIDING GOLF, TENNIS, SWIMMING, HEALTH, AND DINING FACILITIES FOR ITS MEMBERS AND GUESTS ONLY. 0 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 true false false true false false false false false false false false false true 66 0 true 156 true true true false false false true true 1441725 755153 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false NC X X DEBORAH BROCK 8287872787 PO BOX 220 Highlands NC 28741 Bill Oglesby President (Sept - Dec) 2.0 X X 0 0 0 Bob Spencer Treasurer 2.0 X X 0 0 0 Clay Jackson Vice President 2.0 X X 0 0 0 Debby Jacobson Secretary 2.0 X X 0 0 0 Tony Davis President (Jan - Aug) 2.0 X X 0 0 0 Bill Clarkson Board Member 2.0 X 0 0 0 Bill Gutermuth Board Member 2.0 X 0 0 0 Doug Hartman Board Member 2.0 X 0 0 0 Gwaltney McCollum Board Member 2.0 X 0 0 0 Rusty Stewart Board Member 2.0 X 0 0 0 Debbie Brock Chief Financial Officer 40.0 X 120135 0 11842 Greg Crawford General Manager 40.0 X 364094 0 99382 Brian Stiehler Golf Course Superint. 40.0 X 257007 0 22942 Ken Mattis Head Golf Professional 40.0 X 177433 0 16824 James Foster Clubhouse Manager 40.0 X 112795 0 10227 Jose Herrera Executive Chef 40.0 X 123729 0 10907 Joseph Blake Director of Member Enhancement 40.0 X 98741 0 8965 1253934 0 181089 7 false true false Green Tee Golf Inc 2801 Washington Road Augusta GA 30909 Golf Course Improvements 1063104 Superior Golf Maintenance LLC 290 Claude Isaacs Road Elk Park NC 28622 Employee Leasing 210927 Highlands Country Club Community Association POBox 707 Highlands NC 28741 Security Services 162613 3 0 Membership Dues 713910 8837372 8837372 Golf Cart Rent & Storage 713910 304108 304108 Golf Related Activities 713910 220893 220893 Golf Guest Fees 713910 300231 300231 Life Enhancement 713910 205150 205150 44000 44000 0 0 9911754 106056 91457 14599 141918 133894 8024 0 8024 6748 1276 3523 0 3523 3523 3523 2232784 1219195 1013589 727187 286402 Freight Revenue 713910 2394 2394 0 0 0 0 2394 11045340 10345458 682889 16993 918669 40556 3545573 176369 300628 483080 5000 367581 1077430 659117 64213 113875 20231 1542278 113830 Fertilizer and Chemicals 376525 Event Expenses 144569 Social and Goodwill 11907 Miscellaneous 66369 10111 10037911 4254509 1428923 650196 3768305 86775 100316 28890 14590 0 345229 284999 806694 946181 157291 150076 45891790 19240801 26162892 26650989 600000 1313900 0 0 3159 3519 27106 91202 33122741 34753000 854790 973974 18485825 19074120 0 372899 380589 28372 92317 19741886 20521000 X 13380855 14232000 13380855 14232000 33122741 34753000 X 1007429 45094 -1855 -199523 X X false true X true false 5164817 5164817 19732330 9322221 10410109 261176 123388 137788 7222304 3412061 3810243 13511163 6383131 7128032 26650989 Lease Liability 91290 Rounding Adjustment 1027 92317 X 12444000 45094 1353566 1398660 11045340 0 0 11045340 11391000 1353089 1353089 10037911 0 0 10037911 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote INCOME TAXES ARE PROVIDED FOR THE TAX EFFECTS OF TRANSACTIONS REPORTED IN THE FINANCIAL STATEMENTS. DEFERRED INCOME TAXES ARE PROVIDED FOR THE ESTIMATED TAX EFFECTS OF DIFFERENCES BETWEEN THE FINANCIAL STATEMENT CARRYING AMOUNTS AND THE TAX BASES OF RECOGNIZED ASSETS AND LIABILITIES. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE CLUB'S FINANCIAL STATEMENTS. THE CLUB HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2023 AND THE ADOPTION OF THE GUIDANCE DID NOT HAVE A MATERIAL EFFECT ON THE CLUB'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. INTEREST AND PENALTIES RELATED TO INCOME TAX ASSESSMENTS, IF ANY, ARE REFLECTED IN INCOME TAX EXPENSE IN THE ACCOMPANYING STATEMENT OF ACTIVITIES. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 COGS - 1219195 Rental Expense - 133894 Rounding Adjustment (financials in thousands) - 477 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COGS - 1219195 Rental Expenses - 133894 X true false X X X false true false Greg Crawford General Manager 296288 0 52000 0 15806 0 91062 0 8320 0 463476 0 30386 0 Brian Stiehler Golf Course Superint. 204389 0 43000 0 9618 0 12881 0 10061 0 279949 0 0 0 Ken Mattis Head Golf Professional 102818 0 58629 0 15986 0 6763 0 10061 0 194257 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE GENERAL MANAGER IS PROVIDED WITH A RESIDENCE ON CAMPUS AS PART OF HIS EMPLOYMENT CONTRACT IN ORDER TO BE READILY AVAILABLE TO THE CLUB. HIS HOUSING ALLOWANCE IS NOT TAXABLE AND IS THEREFORE NOT INCLUDED IN HIS W-2. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN 457(F) FOR 2023, AS FOLLOWS. THE AMOUNTS ARE REPRESENTED IN PART II, COLUMN (B)(III): GREG CRAWFORD $44,000 Ken Mattis Head Golf Pro Home Purchase X 100000 14590 false true true 14590 Rita Penkala Family Relationship with General Manager 40556 Compensation for services false Form 990, Part VI, Line 6 Classes of members or stockholders THE ORGANIZATION HAS THREE CLASSES OF MEMBERSHIP: FOUNDER MEMBERSHIP, GOLF EQUITY MEMBERSHIP, AND SOCIAL EQUITY MEMBERSHIP. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE ORGANIZATION'S MEMBERS HAVE THE PRIVILEGE TO ELECT AND VOTE ON MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders FOUNDER MEMBERS AND GOLF EQUITY MEMBERS HAVE THE PRIVILEGE OF ONE VOTE, WHILE SOCIAL EQUITY MEMBERS HAVE THE PRIVILEGE OF 1/2 VOTE ALL MATTERS EXCEPT ASSESSMENTS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE FORM 990 WAS REVIEWED BY THE CFO, GENERAL MANAGER, AND TREASURER PRIOR TO FILING THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy EMPLOYEES, OFFICERS AND BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN CONFLICT OF INTEREST DISCLOSURE STATEMENT FORMS EACH YEAR. IF SOMEONE BECOMES AWARE OF A POTENTIAL CONFLICT, THEY ARE REQUIRED TO ADDRESS ANY POTENTIAL CONFLICTS OF INTEREST AND REMOVE THEMSELVES FROM VOTING ON THAT MATTER. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION USES A COMPENSATION STUDY TO DETERMINE THE REASONABLENESS OF TOP MANAGEMENT'S COMPENSATION AND BENEFITS. ANY COMPENSATION HIGHLANDS COUNTRY CLUB, INC 56-1304056 ADJUSTMENTS MUST BE APPROVED BY THE HUMAN RESOURCE COMMITTEE. The process for determining top management compensation is reviewed annually. Form 990, Part VI, Line 15b Process to establish compensation of other employees Compensation committee comprised of Board members reviews peer/benchmarking market studies, surveys from regional clubs for determining general manager and department manager positions. The process for determining officer compensation is reviewed annually. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, RECENT FILINGS OF THE FORM CAN BE FOUND ON GUIDESTAR.ORG. Form 990, Part VIII, Line 2f Other Program Service Revenue Member Functions - Total Revenue: 44000, Related or Exempt Function Revenue: 44000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Redemptions of Equity Memberships - -211885; Resale of Equity Memberships - 17000; Accrued Refund - -7081; Rounding Adjustment for Realized Gain - 477; Rounding Adjustment for Equity Memberships - 1966; Form 990, Part XII, Line 2c Change of oversight process or selection process THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.