2024-08-09T10:20:47-05:00 2023-09-30 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2022-10-01 540715623 WESTWOOD COUNTRY CLUB INC WEST 7039382300 800 MAPLE AVENUE EAST VIENNA VA 22180 KATHY BUCHER CFO 7039382300 2024-08-06 1 1 EDWARD T YODER CPA P00239134 7033858577 2024-08-06 X 2022 2024-08-08 14:25:15Z KATHY BUCHER 800 MAPLE AVENUE EAST VIENNA VA 22180 21388996 0 X WWW.WESTWOODCC.COM X 1962 VA TO PROVIDE FACILITIES FOR RECREATIONAL AND SOCIAL ACTIVITIES FOR CLUB MEMBERS. 9 9 393 100 1323357 62333 0 0 10322108 12396771 176685 241785 4559073 5017586 15057866 17656142 0 0 0 0 8195832 9661493 0 0 0 6042156 7107458 14237988 16768951 819878 887191 45126159 45122176 22603187 21656854 22522972 23465322 TO PROVIDE FACILITIES FOR RECREATIONAL AND SOCIAL ACTIVITIES FOR CLUB MEMBERS. 0 0 NONPROFIT SOCIAL CLUB PROVIDING FOOD, BEVERAGES, ATHLETIC AND SOCIAL SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 55 0 1 393 1 1 1 0 0 0 1 1 1598093 1744809 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X WESTWOOD COUNTRY CLUB INC 7039382300 800 MAPLE AVENUE EAST VIENNA VA 22180 BILL DOYLE PRESIDENT 2.00 X X 0 0 0 DANNY HUGHES VICE PRESIDENT 2.00 X X 0 0 0 PHILL WELLDE SECRETARY 2.00 X X 0 0 0 FRANK WALKER TREASURER 2.00 X X 0 0 0 TERRY CLARK GOVERNOR 2.00 X 0 0 0 NICK LOPES GOVERNOR 2.00 X 0 0 0 PAUL FEEKO GOVERNOR 2.00 X 0 0 0 JOSH FORESO GOVERNOR 2.00 X 0 0 0 BILL STAIKOS GOVERNOR 2.00 X 0 0 0 BRYAN STONE COO/GM 40.00 X 339511 0 32911 MATT GALLAGHER GOLF PROFESSIONAL 40.00 X 247240 0 28380 DAVID MCGREGOR SUPERINTENDENT 40.00 X 266500 0 29993 KATHY BUCHER CFO 40.00 X 149884 0 20069 ERIC OLSON ASST. GENERAL MANAGER 40.00 X 126646 0 19759 1129781 0 131112 5 0 1 0 TEEL CONSTRUCTION INC 3920 UNIVERSITY DR FAIRFAX VA 22030 CONSTRUCTION CONTRACTOR 1354527 LANDSCAPE SUPPLY 2501 OAK LAKE BLVD MIDLOTHIAN VA 23112 LANDSCAPE 336646 COMMERCIAL EXPRESS HVAC PO BOX 716458 PHILADELPHIA PA 19171 HVAC/MAINTENANCE 200179 WORLD POOL INC 12110 WAYLAND STREET OAKTON VA 22124 POOL OPERATOR 169851 MERRIFIELD GARDEN 8132 LEE HIGHWAY MERRIFIELD VA 22116 LANDSCAPE 116877 5 MEMBERSHIP DUES 713910 9363872 9363872 SPORTS ACTIVITIES 713910 2912416 2724635 187781 LOCKER RENT 713910 120483 120483 12396771 239685 173869 65816 134700 65398 69302 69302 69302 2100 0 2100 2100 2100 7580704 3667456 3913248 2843488 1069760 MISCELLANEOUS REVENUE 713910 1035036 1035036 1035036 17656142 16332785 1323357 0 1376031 6414951 184617 1000374 685520 146838 67748 57547 143504 159245 904281 452085 2288143 222104 SUPPLIES 544613 REPAIRS 348454 CONTRACT LABOR 295971 ENTERTAINMENT 280797 1196128 16768951 3110989 3436066 1573280 280398 2089434 2142791 771687 1146706 475405 319040 57175681 25093045 31743333 32082636 5362031 5714539 45126159 45122176 1442360 1246823 2053248 2030924 16974090 16680284 2133489 1698823 22603187 21656854 X 22522972 23465322 22522972 23465322 45126159 45122176 X 887191 55159 X 0 1 X 1 0 609600 609600 31547098 10397509 21149589 9684604 6700872 2983732 15334379 7994664 7339715 32082636 NON-CURRENT INITIATION FEES RECEIVABLE 4969728 ROU ASSET 744811 5714539 NON-CURRENT OBLIGATIONS PAYABLE TO MEMBERS 1698823 1698823 X 21372756 3732854 3732854 17639902 16240 16240 17656142 20499070 3746359 3746359 16752711 16240 16240 16768951 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES ON MEMBERS' TRANSACTIONS AND OTHER ACTIVITIES RELATED DIRECTLY TO ITS NON-PROFIT PURPOSE UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE CLUB IS LIABLE FOR TAX ON ITS UNRELATED BUSINESS INCOME, WHICH CONSIST PRIMARILY OF GUEST USAGE AND INTEREST INCOME. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CLUB'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS FINANCIAL STATEMENTS. THE CLUB'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,667,456. RENTAL EXPENSE 65,398. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER MISC 16,240. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,667,456. RENTAL EXPENSE 65,398. BAD DEBT EXPENSE 13,505. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER MISC 16,240. 0 0 0 BRYAN STONE COO/GM 250000 0 66892 0 22619 0 12676 0 20235 0 372422 0 0 0 DAVID MCGREGOR SUPERINTENDENT 226625 0 27250 0 12625 0 10155 0 19838 0 296493 0 0 0 MATT GALLAGHER GOLF PROFESSIONAL 196154 0 18750 0 32336 0 8596 0 19784 0 275620 0 0 0 KATHY BUCHER CFO 136010 0 13500 0 374 0 5980 0 14089 0 169953 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS COMPRISED OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF GOVERNORS IN OPEN MEETINGS. FORM 990, PART VI, SECTION A, LINE 7B IN ACCORDANCE WITH THE BY-LAWS, THE AUTHORITY TO APPROVE OPERATING FUNDS OR TO OBLIGATE THE CLUB IN THE ORDINARY COURSE OF BUSINESS RESTS SOLELY WITH THE BOARD. HOWEVER, A MAJORITY OF THE VOTING MEMBERS, AT A DULY HELD MEETING, IS REQUIRED TO APPROVE CAPITAL EXPENDITURES IN ANY TWELVE MONTH FISCAL YEAR IN EXCESS OF 10% OF THE PRIOR YEAR'S AUDITED OPERATING REVENUE. IN ADDITION, ANY BORROWING OF MORE THAN 10% OF THE PRIOR YEAR'S ANNUAL OPERATING REVENUE OR FOR A TERM IN EXCESS OF ONE YEAR SHALL REQUIRE THE APPROVAL OF TWO-THIRDS OF THE VOTING MEMBERS AT A DULY HELD MEETING. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF GOVERNORS WILL REVIEW DRAFT COPIES OF BOTH THE 990 AND 990-T, AND RETURN WITH RECOMMENDED CHANGES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, AND ADDRESSES POTENTIAL PROBLEMS AS DEEMED NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND/OR FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST IN WRITING. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -13,505. CUMULATIVE EFFECT ADJUSTMENT 68,664.