2024-08-12T06:37:12-05:00 2023-09-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 334012333 990 2022-10-01 650129568 HARBOUR RIDGE YACHT & COUNTRY CLUB HARB 7723363000 12600 NW HARBOR RIDGE BLVD PALM CITY FL 34990 JEFFREY S BELAU CFO 7723363000 2024-07-31 1 0 CHRISTOPHER CECIL P01877773 5617124808 2024-07-31 2022 2024-08-08 14:25:15Z JILL KELLY 12600 NW HARBOR RIDGE BLVD PALM CITY FL 34990 19893398 0 X WWW.HARBOURRIDGE.COM X 1984 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 13 13 301 99 462506 42763 0 0 11112043 12832998 -385967 59481 2609717 3641523 13335793 16534002 0 0 0 0 8287053 9745480 0 0 0 9014815 9561942 17301868 19307422 -3966075 -2773420 49720046 52219252 13507042 15475658 36213004 36743594 HARBOUR RIDGE YACHT & COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB'S REVENUE FROM FOOD & BEVERAGE SALES TOTALED $3,919,914 OF WHICH $725,756 WAS NON-MEMBER RELATED. APPROXIMATELY 56,207 ROUNDS OF GOLF WERE PLAYED FOR THE YEAR ENDED 9/30/22. ALL ROUNDS, WITH THE EXCEPTION OF 252, WERE MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 0 1 131 0 1 301 1 1 1 0 0 0 1 1 0 741788 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X JEFF BELAU 7723363000 12600 NW HARBOUR RIDGE BLVD PALM CITY FL 34990 ANDREW TURLEY PRESIDENT 5.00 X X 0 0 0 ANDY HARRIS TREASURER 5.00 X X 0 0 0 KATHLEEN POWELL SECRETARY (AS OF 1/23) 5.00 X X 0 0 0 DAVID JATLOW SECRETARY (THROUGH 1/23) 5.00 X X 0 0 0 SARAH MANUS DIRECTOR 5.00 X 0 0 0 MICHAEL IMPERIALE DIRECTOR 5.00 X 0 0 0 THOMAS OLSON DIRECTOR 5.00 X 0 0 0 SHERYL HAYES DIRECTOR 5.00 X 0 0 0 CHARLES WHITE DIRECTOR 5.00 X 0 0 0 PAULA BEAUDOIN DIRECTOR 5.00 X 0 0 0 DANIEL ZIVNEY DIRECTOR 5.00 X 0 0 0 GREG WARNER DIRECTOR (AS OF 01/23) 5.00 X 0 0 0 JILL KELLY DIRECTOR (AS OF 01/23) 5.00 X 0 0 0 THOMAS DEFAZIO DIRECTOR (AS OF 01/23) 5.00 X 0 0 0 MICHAEL SALERNO GENERAL MANAGER 50.00 X 454068 0 38627 JEFFREY S BELAU CFO 50.00 X 209619 0 13674 TIM CANN DIRECTOR OF GOLF MAINTENANCE 50.00 X 253494 0 4516 JOE BEEZUP DIRECTOR OF GOLF 50.00 X 200104 0 4516 TERESA SALVAGGIO FOOD AND BEVERAGE DIRECTOR 50.00 X 116405 0 4516 NIKI PLAITIS HUMAN RESOURCES DIRECTOR 50.00 X 111751 0 4516 1345441 0 70365 6 0 1 0 BARNETT MANAGEMENT - AP FBO SOURCE MANAG PO BOX 823473 PHILADELPHIA PA 191823473 STAFFING CONTRACTOR 777473 CLIFF DRYSDALE MANAGEMENT LLC TROON GOLF LLC 15044 N SCOTTSDALE SCOTTSDALE AZ 85254 RACQUET PRO CONTRACTOR 210311 2 MEMBERSHIP DUES & ASSESSMENTS 713910 10916968 10916968 TRAIL & LOCKER FEE 713910 919859 919859 GOLF GUEST FEES 713910 454582 445302 9280 TENNIS FEES 713910 292401 292401 TOURNAMENT FEES 713910 164669 164669 84519 84519 12832998 77053 77053 6000 6000 0 21342 38914 -17572 -17572 -17572 6169376 3314482 2854894 2478721 376173 SUBSIDY FROM PROPERTY ASSOCIATION 713910 618788 618788 MISCELLANEOUS 713910 167841 167841 786629 16534002 16089068 462506 -17572 7842409 102899 1800172 2704 2357117 844901 GOLF COURSE MAINTENANCE 1513554 CLUBHOUSE 1435489 FOOD AND BEVERAGE 904209 ADMIN AND GENERAL 712775 1791193 19307422 1091528 2595858 11172245 12665002 289231 43558 503540 616226 514775 665736 56768271 21919279 36080936 34848992 67791 783880 49720046 52219252 1630457 2385601 1150000 10726585 13090057 13507042 15475658 X 36213004 36743594 36213004 36743594 49720046 52219252 X -2773420 3304010 X X 0 1 X 1 0 9018966 9018966 39357584 18133254 21224330 8217432 3786025 4431407 174289 174289 34848992 DEFERRED DUES & GOLF FEES 11939347 CURRENT OPERATING LEASE LIABILITY 369692 CURRENT FINANCE LEASE LIABILITY 34693 DUE TO ASSOCIATION 472051 LT OPERATING LEASE LIABILITY 198615 LT FINANCE LEASE LIABILITY 75659 13090057 X 19854484 0 19854484 -3320482 -3320482 16534002 22627904 0 22627904 -3320482 -3320482 19307422 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FASB ASC. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -3,314,482. RENTAL EXPENSE -6,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -3,314,482. RENTAL EXPENSE -6,000. X X X X 0 0 0 MICHAEL SALERNO GENERAL MANAGER 293568 0 140000 0 20500 0 15000 0 23627 0 492695 0 0 0 TIM CANN DIRECTOR OF GOLF MAINTENANCE 214994 0 11500 0 27000 0 0 0 4516 0 258010 0 0 0 JEFFREY S BELAU CFO 180017 0 15000 0 14602 0 0 0 13674 0 223293 0 0 0 JOE BEEZUP DIRECTOR OF GOLF 173139 0 16000 0 10965 0 0 0 4516 0 204620 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: EQUITY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BY-LAWS, CAPITAL PROJECTS OR EXPENDITURES GREATER THAN $4,000,000, BORROWINGS IN EXCESS OF 10% OF THE OPERATING BUDGET, AND SPECIAL ASSESSMENTS IN EXCESS OF THE GREATER OF $500 OR 10% OF ANNUAL DUES REQUIRE THE APPROVAL OF THE EQUITY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B DRAFTS OF FORM 990 AND 990T ARE REVIEWED BY THE AUDIT COMMITTEE AND SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. DRAFTS OF FORM 990 AND 990T MADE AVAILABLE AT THE BOARD MEETING. THE BOARD APPROVES THE RETURNS AS SUBMITTED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISCUSSED DURING ANY CONTRACT PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES ISSUED 1,449,980. CONTRIBUTIONS TO CAPITAL 2,544,000. MEMBERSHIP CERTIFICATES REDEEMED -2,426,380. CAPITAL CHARGES 1,736,410. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. HARBOUR RIDGE PROPERTY OWNERS ASSOCIATION INC 12600 NW HARBOUR RIDGE BLVD PALM CITY FL 34990 592478898 PROPERTY OWNERS ASSOCIATION FOR HARBOUR RIDGE YACHT AND COUNTRY CLUB FL N/A C 0 HARBOUR RIDGE REALTY INC 12600 NW HARBOUR RIDGE BLVD PALM CITY FL 34990 650928152 MARKETS AND SELLS REAL ESTATE WITHIN HARBOUR RIDGE RESIDENTIAL COMMUNITY FL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 MAINTENANCE FEES & SERVICES PROVIDED BY HARBOUR RIDGE POA N 186968 REIMBURSED EXPENSES PAID TO HARBOUR RIDGE POA P 12664 REIMBURSED EXPENSES PAID TO HARBOUR RIDGE YACHT & COUNTRY CLUB Q 2518342 HARBOUR RIDGE POA GEN & ADMIN STAFF COST SHARING ARRANGEMENT W CLUB O 1110426