2024-09-13T08:39:37-05:00 2023-12-31 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR ROAD SUITE 302 MILWAUKEE WI 532263255 990 2023-01-01 390171520 BLUE MOUND GOLF & COUNTRY CLUB BLUE 4142584656 10122 WEST NORTH AVE WAUWATOSA WI 53226 DALE VAN DAM TREASURER 4142584656 2024-08-27 1 1 BRIAN MECHENICH P00976753 4142717800 2024-08-27 2023 2024-08-08 14:25:15Z DALE VAN DAM 10122 WEST NORTH AVE WAUWATOSA WI 53226 8164279 0 X WWW.BLUEMOUNDGCC.COM X 1903 WI THE DEVELOPMENT AND FURTHERANCE OF THE ART AND SPORT OF GOLF AND THE STIMULATION OF INTEREST THEREIN, AND TO PROVIDE FACILITIES FOR THE FURTHERING OF SPORTS AND ALLIED ACTIVITIES, SPORTSMANSHIP AND FELLOWSHIP AMONGST ITS MEMBERS. 10 10 203 10 25976 38537 20100 12200 5335437 5930000 -27541 11948 212893 -37548 5540889 5916600 0 0 0 0 2272105 2621549 0 0 0 2811514 2894569 5083619 5516118 457270 400482 10015253 11160807 3186644 3924616 6828609 7236191 THE DEVELOPMENT AND FURTHERANCE OF THE ART AND SPORT OF GOLF AND THE STIMULATION OF INTEREST THEREIN, AND TO PROVIDE FACILITIES FOR THE FURTHERING OF SPORTS AND ALLIED ACTIVITIES, SPORTSMANSHIP, AND FELLOWSHIP AMONGST ITS MEMBERS. 0 0 BLUE MOUND GOLF AND COUNTRY CLUB HAS PROVIDED ITS MEMBERS WITH AN EXCELLENT GOLFING EXPERIENCE FOR OVER 100 YEARS. THE CLUB HAS 18 CHALLENGING HOLES ON A TOURNAMENT READY COURSE ON WHICH MEMBERS PLAY, SOCIALIZE AND FORM LASTING FRIENDSHIPS. THE COURSE WAS THE FIRST IN WISCONSIN TO HOST A PGA MAJOR IN 1933. BLUE MOUND GOLF AND COUNTRY CLUB HAS AN ELEGANT CLUBHOUSE AND FINE DINING FACILITIES THAT PROVIDE THE KIND OF SATISFYING AND REWARDING SOCIAL EXPERIENCES FOUND IN THE COUNTRY'S FINEST CLUBS. 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 19 0 1 203 1 1 1 0 0 0 1 1 419954 617086 0 0 0 X 10 10 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X X KRISTIN KOCH 4148311705 10122 W NORTH AVENUE WAUWATOSA WI 53226 PAUL W GRIEPENTROG PRESIDENT 1.00 X X 0 0 0 JAMES KELLOG VICE PRESIDENT 1.00 X X 0 0 0 DALE VAN DAM TREASURER 1.00 X X 0 0 0 ARCH J PEQUET SECRETARY 1.00 X X 0 0 0 EDWARD M APRAHAMIAN DIRECTOR 1.00 X 0 0 0 JEFFREY L HOLMES DIRECTOR 1.00 X 0 0 0 JON MARIANO DIRECTOR 1.00 X 0 0 0 MICHAEL P MALONE DIRECTOR 1.00 X 0 0 0 RYAN MARKS DIRECTOR 1.00 X 0 0 0 VINCENT BERES DIRECTOR 1.00 X 0 0 0 KEITH GRESSLE GENERAL MANAGER - PART YEAR 40.00 X 116571 0 30143 GREG PAPPAS GENERAL MANAGER - PART YEAR 40.00 X 201576 0 12605 ALEX BESON-CRONE GROUNDS MANAGER/SUPERINTENDANT 40.00 X 163310 0 31311 CARRIE ROBERTS DIRECTOR OF FINANCE 40.00 X 113965 0 17724 ZACHARY ESPINOSA EXECUTIVE CHEF 40.00 X 142754 0 17211 738176 0 108994 5 0 1 0 0 12200 12200 MEMBERSHIP DUES 713910 5060582 5060582 GOLF OPERATIONS 713910 494107 406947 87160 GOLF CART RENTAL 713910 333639 316909 16730 LOCKER RENTAL 713910 41672 41672 5930000 66 66 18600 19787 -1187 -1187 -1187 15750 3868 11882 11882 11882 2084751 2224024 -139273 -62480 -76793 MISCELLANEOUS 900099 72621 72621 PROCEEDS FROM FIRE 900099 18229 18229 WINE SOCIETY 900099 12062 12062 102912 5916600 5878424 25976 0 562216 1538908 95836 247628 176961 3238 24240 34110 62440 236016 47499 19253 773571 112680 UNRELATED BUSINESS INCO -6924 REPAIRS AND MAINTENANCE 574790 SUPPLIES 477004 PROPERTY TAXES 191058 345594 5516118 80550 139378 30826 30892 469157 447874 189079 173819 79403 97093 18431782 10015926 7553639 8415856 1612599 1855895 10015253 11160807 754190 725919 82113 350037 302004 453000 962000 1629417 1852580 3186644 3924616 X 6805501 7213083 23108 23108 6828609 7236191 10015253 11160807 X 400482 7100 X X 0 1 X 1 0 50000 50000 8540493 4393994 4146499 4387737 2385529 2002208 5453552 3236403 2217149 8415856 UNBILLED INVESTMENTS 1498656 OPERATING LEASE RIGHT OF USE ASSET 357239 1855895 DEFERRED INSTALLMENTS 1498656 DEPOSITS ON MEMBERSHIP 21742 LEASE LIABILITIES 332182 1852580 X 8160411 2243811 2243811 5916600 0 5916600 7759929 2243811 2243811 5516118 0 5516118 PART X, LINE 2: THE CLUB HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES, AND DISCLOSURE REQUIRED. MANAGEMENT OF THE CLUB EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CLUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD EXPENSES 2,224,024. RENTAL EXPENSE 19,787. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD EXPENSES 2,224,024. RENTAL EXPENSE 19,787. X X 0 0 0 GREG PAPPAS GENERAL MANAGER - PART YEAR 164076 0 37500 0 0 0 0 0 12605 0 214181 0 0 0 ALEX BESON-CRONE GROUNDS MANAGER/SUPERINTENDANT 148310 0 15000 0 0 0 8425 0 22886 0 194621 0 0 0 ZACHARY ESPINOSA EXECUTIVE CHEF 137754 0 5000 0 0 0 7128 0 10083 0 159965 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS BY INVITATION ONLY AND APPLICATIONS ARE ONLY AVAILABLE THROUGH A CURRENT MEMBER. PROSPECTIVE CANDIDATES MUST GET WRITTEN LETTERS FROM A SPECIFIED NUMBER OF REGULAR MEMBERS AND MEET WITH REPRESENTATIVES FROM THE MEMBERSHIP COMMITTEE AND THE BOARD OF DIRECTORS. THE MEMBERSHIP COMMITTEE THEN REVIEWS EACH NOMINEE'S APPLICATION AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS. THE BOARD THEN REVIEWS EACH NOMINEE'S APPLICATION AND VOTES ON ELECTION OF THE NOMINEE FOR MEMBERSHIP. UPON ELECTION, A NOTICE IS POSTED TO THE MEMBERSHIP. MEMBERS HAVE 10 DAYS TO CONTACT THE SECRETARY OF THE BOARD SHOULD THEY WISH TO COMMUNICATE ANYTHING ABOUT A PARTICULAR NOMINEE. ONCE THE 10 DAY POSTING PERIOD HAS PASSED, THE NOMINEE BECOMES A MEMBER AND IS NOTIFIED OF SUCH IN WRITING. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS OF THE CLUB SHALL BE ELECTED BY THE VOTING MEMBERS OF THE CLUB AT THE ANNUAL MEETING OF THE MEMBERS OF THE CLUB EACH YEAR. VOTING SHALL BE BY BALLOT TAKEN AS HEREINAFTER PROVIDED. A MEMBER MAY VOTE BY PROXY AND ALSO BY MAIL. THE PRESIDENT, AT THE REGULAR SEPTEMBER MEETING OF THE BOARD OF DIRECTORS, OR AT A REGULAR OR SPECIAL MEETING HELD AT LEAST 40 DAYS PRIOR TO THE DATE OF THE ANNUAL ELECTION, SHALL WITH THE CONSENT AND APPROVAL OF THE BOARD OF DIRECTORS, APPOINT A NOMINATING COMMITTEE CONSISTING OF FIVE MEMBERS ENTITLED TO VOTE, NOT MORE THAN ONE OF WHOM MAY BE A MEMBER OF THE BOARD OF DIRECTORS. THE NOMINATING COMMITTEE SO APPOINTED SHALL SELECT A NUMBER OF NOMINEES NOT LESS THAN THE NUMBER OF DIRECTORS TO BE ELECTED AT THE ANNUAL MEETING AND SHALL DELIVER THE LIST OF NOMINEES TO THE SECRETARY, WHO SHALL SEE THAT SUCH LIST IS POSTED UPON THE BULLETIN BOARD IN THE CLUBHOUSE AT LEAST 30 DAYS PRIOR TO THE DATE OF THE ELECTION. ANY 25 OR MORE MEMBERS ENTITLED TO VOTE MAY NOMINATE OTHER CANDIDATES FOR DIRECTORS, BUT NO MEMBER SHALL SIGN THE NOMINATION PAPER OF MORE THAN ONE CANDIDATE. FORM 990, PART VI, SECTION A, LINE 7B GENERALLY, THE POWER TO DO EVERYTHING NECESSARY OR ADVISABLE IN THE OPINION OF THE BOARD, AND NOT CLEARLY INCONSISTENT WITH THESE BY-LAWS IN CONNECTION WITH THE CONTROL OF THE PROPERTY, FUNDS AND AFFAIRS OF THE CLUB; PROVIDED, HOWEVER, THE POWER TO PURCHASE, SELL, LEASE OR EXCHANGE ANY PARCEL OF REAL PROPERTY, OR TO EXPEND FUNDS ON ANY MAJOR CAPITAL PROJECT REQUIRING A SPECIAL CAPITAL ASSESSMENT SHALL BE EXERCISED ONLY AS AUTHORIZED BY A VOTE OF A MAJORITY OF THE MEMBERS PRESENT OR REPRESENTED BY PROXY AT AN ANNUAL OR SPECIAL MEETING HELD UPON NOTICE STATING THAT THE PURPOSE OF SUCH MEETING IS TO CONSIDER SUCH AUTHORIZATION. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES DO NOT HAVE THE POWER TO ACT ON BEHALF OF THE BOARD. THE COMMITTEES BRING RECOMMENDATIONS TO THE BOARD AND THE BOARD TAKES ACTION. FORM 990, PART VI, SECTION B, LINE 11B AN OFFICER OR HIS ASSIGNEE REVIEWS ONCE WE RECEIVE FROM OUR TAX PREPARERS AND THEN WILL FORWARD TO THE BOARD OF DIRECTORS WITH HIS/HER COMMENTS AND CONCERNS. THE BOARD IS TO RESPOND WITHIN A SET TIME FRAME. AN OFFICER WILL SIGN AFTER ANY CONCERNS ARE ADDRESSED, BUT BEFORE THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C EACH JANUARY, BOARD MEMBERS AND KEY STAFF ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND AN ACCOMPANYING ANNUAL DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENTS ARE COLLECTED AND REVIEWED BY THE CONTROLLER WHO THEN FORWARDS THEM TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW. THEY THEN FOLLOW UP ON ANY STATED CONFLICTS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT AND VICE PRESIDENT OF THE BOARD REVIEW ALL SALARIED/MANAGEMENT POSITIONS EACH YEAR. THEY ALSO CONSIDER PAY SURVEY INFORMATION RECEIVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PROCEEDS FROM SALE OF MEMBERSHIP CERTIFICATES 35,000. REPURCHASE OF MEMBERSHIP CERTIFICATES -27,900. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.