2024-08-14T07:39:47-05:00 2023-09-30 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2022-10-01 540697963 INTERNATIONAL TOWN & COUNTRY CLUB INC INTE 7039687990 13200 LEE JACKSON HIGHWAY FAIRFAX VA 22033 LEE DOUGLAS GENERAL MANAGER 7039687990 2024-08-09 1 1 EDWARD T YODER CPA P00239134 7033858577 2024-08-09 X 2022 2024-08-08 14:25:15Z LEE DOUGLAS 13200 LEE JACKSON HIGHWAY FAIRFAX VA 22022 16349932 0 X WWW.INTERNATIONALCC.COM X 1961 VA A PRIVATE MEMBERSHIP CLUB OFFERING GOLF, SWIMMING, DINING, TENNIS AND FITNESS SERVICES. 13 13 282 13 504752 3457 0 0 7509528 8985129 16368 11378 6669614 4926009 14195510 13922516 0 0 0 0 6162484 6810596 0 0 0 4975532 5641392 11138016 12451988 3057494 1470528 30300773 30931004 12180368 11285000 18120405 19646004 TO PROVIDE EXCEPTIONAL COUNTRY CLUB EXPERIENCES FOR MEMBERS AND AN ENVIRONMENT THAT ENCOURAGES THE FORMATION OF ENDURING FRIENDSHIPS BY OFFERING PERSONALIZED SERVICE, OUTSTANDING FACILITIES AND A SUSTAINED COMMITMENT TO QUALITY. 0 0 TO PROVIDE EXCEPTIONAL COUNTRY CLUB EXPERIENCES FOR MEMBERS AND AN ENVIRONMENT THAT ENCOURAGES THE FORMATION OF ENDURING FRIENDSHIPS BY OFFERING PERSONALIZED SERVICE, OUTSTANDING FACILITIES AND A SUSTAINED COMMITMENT TO QUALITY. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 44 0 1 282 1 1 1 0 0 0 1 1 2365885 758882 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X LEE DOUGLAS 7039687990 13200 LEE JACKSON MEMORIAL HIGHWAY FAIRFAX VA 22033 CHRIS TACINELLI PRESIDENT 1.50 X X 0 0 0 JEFF KLEIN VICE PRESIDENT 1.50 X X 0 0 0 KEN ELDER TREASURER 1.50 X X 0 0 0 SEAN KELLY SECRETARY 1.50 X X 0 0 0 JOEY CUSHMAN GOVERNOR 1.50 X 0 0 0 SCOTT SIEGEL GOVERNOR 1.50 X 0 0 0 KEREM DEMIRCI GOVERNOR 1.50 X 0 0 0 JASON FLEMMONS GOVERNOR 1.50 X 0 0 0 ANNE KRIZ GOVERNOR 1.50 X 0 0 0 CHRISTY COLE GOVERNOR 1.50 X 0 0 0 DAN LEMIEUX GOVERNOR 1.50 X 0 0 0 SRINI ATTILI GOVERNOR 1.50 X 0 0 0 JERRY PIERCE GOVERNOR 1.50 X 0 0 0 LEE DOUGLAS GENERAL MANAGER/COO 50.00 X 280399 0 17682 NATHANIEL GULDSETH GREENS SUPERINTENDENT 60.00 X 194938 0 20886 THOMAS MELIDEO GOLF PRO 60.00 X 163050 0 29663 CRAIG HARDENBERGH TENNIS DIRECTOR 60.00 X 123368 0 22408 GURMUKH GARCHA BUILDING MANAGER/F&B DIRECTOR 60.00 X 139410 0 6750 901165 0 97389 5 0 1 0 COLLINS WHARF SOD 25361 COLLINS WHARF ROAD EDEN MD 21822 GOLF COURSE RENOVATION 142534 MCDONALD & SONS 8009 E OLD JESSUP ROAD JESSUP MD 20794 GOLF COURSE RENOVATION 121866 2 MEMBER DUES 713910 4970023 4970023 INITIATION FEES 713910 2365885 2365885 GOLF OPERATIONS 713910 998598 902083 96515 LESSONS 713910 478851 478851 OTHER SPORTS INCOME 713910 167152 167152 4620 4620 8985129 10178 10178 1200 0 1200 1200 1200 5650667 2427416 3223251 2815014 408237 CAPITAL DUES 713910 1139565 1139565 UNREALIZED GAIN ON SWAP 713910 522688 522688 ERC CREDITS 713910 40505 40505 1702758 13922516 13417764 504752 0 294940 5227956 61068 762487 464145 31432 447811 225393 646820 470444 1877135 166140 INCOME TAXES 5744 GOLF COURSE MAINTENANCE 779976 FOOD AND BEVERAGE 564012 GOLF EXPENSES 235423 191062 12451988 1200 1200 2384271 714441 1765837 2026230 407591 587851 383396 437768 91916 96139 44458758 19988091 24556165 24470667 2485938 710397 110770 30300773 30931004 1007650 1094947 88125 99295 10854494 9891098 230099 199660 12180368 11285000 X 18120405 19646004 18120405 19646004 30300773 30931004 X 1470528 81887 1200 -28016 X 0 1 X 1 0 39674159 17378200 22295959 3530974 2082350 1448624 1253625 527541 726084 24470667 MEMBER'S DEPOSITS 121680 RETAINAGE PAYABLE 80590 CLOSING COST (AMORTIZATION) -107988 LEASE LIABILITY 105378 199660 X 16351132 2428616 2428616 13922516 0 13922516 14907420 2455432 2455432 12451988 0 12451988 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR VIRGINIA TAX AUTHORITIES FOR TAX YEARS ENDING BEFORE SEPTEMBER 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,427,416. MEMBERSHIP STOCK ACTIVITY 1,200. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,427,416. BAD DEBT EXPENSES 28,016. X X 0 0 0 LEE DOUGLAS GENERAL MANAGER/COO 243996 0 36403 0 0 0 9760 0 7922 0 298081 0 0 0 NATHANIEL GULDSETH GREENS SUPERINTENDENT 176338 0 18600 0 0 0 7054 0 13832 0 215824 0 0 0 THOMAS MELIDEO GOLF PRO 161950 0 1100 0 0 0 6134 0 23529 0 192713 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB, OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THERE ARE 14 MEMBERSHIP CLASSES A, CLUBHOUSE, CORPORATE A, CORPORATE SOCIAL, CORPORATE SOCIAL WEEKDAY, JUNIOR 18-29, JUNIOR 30-35, PRO TEAM A, PRO TEAM SENIOR, SENIOR, SOCIAL, SOCIAL WEEKDAY, LEAVE OF ABSENSE, AND NON-RESIDENT. ALL CLASSES HAVE VOTING RIGHTS EXCEPT FOR LEAVE OF ABSENSE AND NON-RESIDENT. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS REGARDING CAPITAL PROJECTIONS OVER THREE HUNDRED THOUSAND AND ASSESSMENTS OVER THREE HUNDRED THOUSAND ARE SUBJECT TO THE APPROVAL OF VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE GENERAL MANAGER AND THE CHIEF OPERATING OFFICER BEFORE IT'S FILING AND IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS POTENTIAL CONFLICTS BY MAINTAINING CONTINUOUS COMMUNICATIONS WITH IT'S MANAGERS AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS DETERMINES THE GENERAL MANAGER/COO'S COMPENSATION AND ALL OTHER LEVELS OF EMPLOYEE COMPENSATION IS APPROVED BY THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 ON ANOTHER'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -28,016.