2024-08-08T10:36:35-07:00 2023-09-30 270479293 PhilipRae & Associates CPAs 564 S WASHINGTON STREET 200 NAPERVILLE IL 60540 990 2022-10-01 362196316 THORNGATE COUNTRY CLUB THOR 8479491300 28846 THORNGATE DR MUNDELEIN IL 60060 Michael Krabbe GM 2024-08-08 true true Matthew Lohrenz P02010128 6305053620 2022 2024-08-08 14:25:15Z DAVE SCUDDER 28846 THORNGATE DR MUNDELEIN IL 60060 10571778 false X WWW.IVANHOECLUB.COM X 1951 IL A PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERS 16 16 221 353092 64702 0 6662244 7056216 3000 31150 389142 202496 7054386 7289862 0 0 2917567 3296564 0 0 3964859 3800401 6882426 7096965 171960 192897 19413056 20068968 4711715 5174730 14701341 14894238 A PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS EXCLUSIVELY OF ITS MEMBERS. false false A PRIVATE SOCIAL CLUB PROVIDING GOLF, TENNIS, SWIMMING AND DINING FACILITIESS FOR THE BENEFIT OF ITS MEMBERS false 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 false false false false false false false false false false false false false true 9 0 false 221 true true true false false false false 240028 881859 false false false X 16 16 false false false false true true true true true false false false true true true false true true true false X Robert LaRue 8479703821 28846 THORNGATE DR MUNDELEIN IL 60060 X Michael Krabbe General manager 40.00 0.00 248019 0 25108 THOMAS PRICHARD SUPERINTENDENT 40.00 0.00 191832 0 31949 JAMES SOBB GOLF PROFESSIONAL 40.00 0.00 163226 0 32172 Kimberly Maiore Controller 40.00 0.00 133606 0 23519 James Billiter Director of golf 40.00 0.00 120901 0 8426 Marie Grimaldi Director of membership 40.00 0.00 102219 0 10880 Dave Abel Director 1.00 0.00 X 0 0 0 Kevin Wysocki Director 1.00 0.00 X 0 0 0 DAVE SCUDDER Past President 1.00 0.00 X 0 0 0 CASEY CECNOVAR Director 1.00 0.00 X 0 0 0 DAVE PASSAGLIA President 2.00 0.00 X X 0 0 0 BRIAN DEGUSTINO Director 1.00 0.00 X 0 0 0 MATT DUDLEY Vice President 2.00 0.00 X X 0 0 0 KANE CALAMARI Secretary 2.00 0.00 X X 0 0 0 DAVE CAUBLE Director 1.00 0.00 X 0 0 0 DANIEL PASTORE Director 1.00 0.00 X 0 0 0 JEFF STOMBERG Director 1.00 0.00 X 0 0 0 TOM REED Treasurer 2.00 0.00 X X 0 0 0 PAUL CHUMA Director 1.00 0.00 X 0 0 0 BILL KRUMM Director 1.00 0.00 X 0 0 0 MARC KAFKA Director 1.00 0.00 X 0 0 0 FRANK INCARDONA Director 1.00 0.00 X 0 0 0 959803 132054 6 false true false 0 0 ADMISSION FEES & CAPITAL 240025 240025 ALL OTHER PROGRAM SERVICE 722511 79858 43684 36174 GOLF OPERATIONS 713910 1939928 1711100 228828 LOCKERS 174848 174848 MEMBERSHIP DUES & ASSESSM 4572808 4572808 48749 48749 7056216 31150 31150 0 0 0 0 0 0 3484412 3281916 202496 145556 56940 0 7289862 6936770 353092 0 0 0 0 606594 0 2159964 21416 231973 276617 0 2408 18144 0 0 0 273550 7673 84893 90680 0 348894 0 0 16593 113098 0 799156 122794 GROUNDS SUPPLIES 450156 REPAIRS & MAINTENANCE 350734 Other golf shop expenses 277371 ENTERTAINMENT/MEMBER EXP 259279 584978 7096965 0 0 0 1870707 1932295 0 0 1077923 1261728 0 0 64687 0 322933 373325 124959 24427 39168115 23584185 15165800 15583930 0 0 0 0 786047 893263 19413056 20068968 847783 784763 469616 567747 1889918 2259395 1504398 1562825 4711715 5174730 X 14701341 14894238 14701341 14894238 19413056 20068968 192897 X false true X true false 2922481 2922481 15543325 12575845 2967480 7084446 5580821 1503625 13617863 5427519 8190344 15583930 CAPITAL LEASE LIABILITY-CURRENT 135485 CAPITAL LEASE LIABILITY-LT 234077 DEFERRED COMPENSATION PLAN 893263 OTHER LIABILITIES 300000 1562825 X 10571778 3281916 3281916 7289862 7289862 10378881 3281916 3281916 7096965 7096965 Part X : FIN48 Footnote ASC 740-10, "ACCOUNTING FOR UNCERTAIN INCOME TAXES," REQUIRES THAT UNCERTAIN INCOME TAX POSITIONS BE RECORDED IN THE FINANCIAL STATEMENTS AT AMOUNT THAT WOULD MOST LIKELY BE REALIZED ASSUMING A REVIEW BY THE TAX AUTHORITIES. MANAGEMENT HAS EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR INCOME TAXES. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF SALES $3281916 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF GOODS $3281916 X false true false JAMES SOBB GOLF PROFESSIONAL 128226 35000 14000 18172 195398 Kimberly Maiore Controller 121606 12000 23519 157125 Michael Krabbe General manager 225519 22500 25108 273127 THOMAS PRICHARD SUPERINTENDENT 181832 10000 14000 17949 223781 Form 990, Part VI, Section A, Line 6 THERE ARE TWO CLASSES OF MEMBERS, EQUITY MEMBERS AND NON-EQUITY MEMBERS. EQUITY MEMBERS HAVE THE RIGHT TO VOTE, ARE ENTITLED TO A REFUND OF EQUITY UPON RESIGNATION, AND WOULD SHARE IN THE ALLOCATION OF THE CLUB'S ASSETS UPON DISSOLUION. NON-EQUITY MEMBERS HAVE THE RGHT TO VOTE, BUT WOULD NOT RECEIVE A REFUND OF EQUITY UPON RESIGNATION, AND DO NOT SHARE IN THE LIQUIDATION PROCEEDS. Form 990, Part VI, Section A, Line 7a THE CLUB IS GOVERNED BY A BOARD OF DIRECTORS WHICH IS LIMITED TO ONLY THOSE EQUITY MEMBERS WHO ARE IN GOOD STANDING WITH THE CLUB. THE MEMBERS OF THIS BOARD OF DIRECTOS ARE NOMINAED BY A COMMITTEE OF THEIR PEERS AND ARE SUBMITTED TO THE EQUITY MEMBERSHIP FOR VOTE VIA CLOSED BALLOT OF THE ANNUAL GENERAL MEMBERSHIP MEETING. IN THE EVENT A MEMBER OF THE BOARD RESIGNS MID-TERM, THE PRESIDENT HAS THE AUTHORITY TO APPOINT AN INTERIM MEMBER TO HOLD THE POSITION UNTIL THE SUBSEQUENT GENERAL MEMBERSHIP MEETING. Form 990, Part VI, Section A, Line 7b THE BOARD OF DIRECTORS HAS THE AUTHORITY TO GOVERN THE CLUB PURSUANT TO THE CLUB'S BY-LAW AND RULES IN ALL MATTERS. THE EQUITY MEMBERS BY VIRTUE OF ESTABLISHING BY-LAWS GRANT APPROVAL ONLY FOR THOSE ISSUES PERTAINING TO THE FOLLOWING:-YEAR END CONGRESSINAL ASSESSMENT-SIGNIFICANT CAPITAL ASSESSMENT-ANY INCOMING MEMBERS OF THE BOARD OF DIRECTORS-APPROVAL FOR ANY PROPOSED CHANGES TO THE CLUB'S BYLAWS Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BY THE GENERAL MANAGER, TREASURER AND CONTROLLER. IT IS SIGNED BY AN OFFICER OF THE CLUB. Form 990, Part VI, Section B, Line 12c THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, Line 15a COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT OFFICIAL AS WELL AS THAT OF OTHER OFFICERS OR KEY EMPLOYEES IS DETERMINED THROUGH WAGE SURVEYS AND APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, Line 15b SEE 15A Form 990, Part VI, Section C, Line 19 A PRIVATE CLUB IS NOT REQUIRED TO MAKE THE GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST