2024-01-24T12:51:51-06:00 2023-03-31 721396621 CARR RIGGS & INGRAM LLC 111 VETERANS BLVD SUITE 350 METAIRIE LA 70005 990 2022-04-01 720272755 NEW ORLEANS LAWN TENNIS CLUB NEWO 5048991572 5353 LAUREL STREET NEW ORLEANS LA 70115 ROBERT RIZZUTO GENERAL MANAGER 5048991572 2024-01-23 1 ROBERT RIZZUTO 999009999 0 MELISSA Y DUHON CPA P01336607 5048379116 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT RIZZUTO 5353 LAUREL STREET NEW ORLEANS LA 70115 3974054 0 X N/A X 1951 LA TO PROVIDE AND MAINTAIN TENNIS FACILITIES FOR APPROXIMATELY 816 MEMBERS. 11 11 68 0 0 0 0 0 2804286 2770581 10763 0 483869 418295 3298918 3188876 0 0 0 0 1128696 1159509 0 0 0 1457006 1819588 2585702 2979097 713216 209779 5709997 18733397 677755 13475247 5032242 5258150 MAINTAIN A FACILITY FOR THE ADVANCEMENT AND ENCOURAGEMENT OF THE GAME OF "LAWN TENNIS" TO FOSTER REGIONAL, NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION. 0 0 PROVIDE AND MAINTAIN TENNIS FACILITIES FOR APPROXIMATELY 816 MEMBERS. 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 20 0 1 68 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 0 0 1 1 0 X X PATRICK J GROS CPA 9858983512 651 RIVER HIGHLAND BLVD COVINGTON LA 70433 X CLAUDE WILLIAMS PRESIDENT 2.00 X X 0 0 0 ELIZABETH BRINSON VICE PRESIDENT 2.00 X X 0 0 0 BENJAMIN WARD BOARD MEMBER 0.50 X 0 0 0 JOHN JEREMIAH TREASURER 2.00 X X 0 0 0 LEO CONGENI BOARD MEMBER 0.50 X 0 0 0 MEREDITH MONTGOMERY BOARD MEMBER 0.50 X 0 0 0 MICHAEL J MCNULTY III BOARD MEMBER 0.50 X 0 0 0 PARKE MCENERY BOARD MEMBER 0.50 X 0 0 0 PATRICK SUMMEROUR BOARD MEMBER 0.50 X 0 0 0 ROBERT REDFEARN JR SECRETARY 2.00 X X 0 0 0 SCOTT HOWARD BOARD MEMBER 0.50 X 0 0 0 JASON HAZLEY TENNIS DIRECTOR 40.00 X 190892 0 24789 190892 0 24789 2 0 1 0 0 MEMBERSHIP DUES & ASSESSMENT 713940 2379963 2379963 INITIATION FEES 713940 314952 314952 LOCKER FEES 713940 58256 58256 FINES & PENALTIES 713940 17410 17410 2770581 1082442 785178 297264 297264 MISCELLANEOUS REVENUE 900099 106221 106221 GUEST FEES 713940 14810 14810 121031 3188876 3188876 0 0 290992 407058 32500 298218 130741 20609 297885 421 736907 374613 114185 REPAIRS 145808 MISCELLANEOUS 119116 TAXES & LICENSES 10044 2979097 2321431 1829061 531645 551223 3041 420 25090 98363 43681 58100 6418325 3412983 2785109 3005342 246290 0 12944598 5709997 18733397 208898 299334 468857 215001 0 12960912 677755 13475247 X 877500 894000 571836 571836 3582906 3792314 5032242 5258150 5709997 18733397 X 209779 16129 X X 0 1 X 1 0 3898461 2073030 1825431 940525 500130 440395 1579339 839823 739516 3005342 RIGHT OF USE ASSET 12944598 12944598 OPERATING LEASE LIABILITY - CURRENT PORTION 133955 OPERATING LEASE LIABILITY - LONG TERM 12826957 12960912 X 3179726 0 3179726 9150 9150 3188876 2970318 0 2970318 8779 8779 2979097 PART X, LINE 2: THE CLUB'S MEMBERSHIP ACTIVITIES ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. HOWEVER, THE CLUB'S UNRELATED BUSINESS INCOME, WHICH CONSISTS OF INVESTMENT INCOME (EXCLUDING INTEREST) AND NET RENTALS OF FACILITIES TO NONMEMBERS, IS SUBJECT TO FEDERAL AND STATE INCOME TAX. THE CLUB'S TAX FILINGS FOR THE YEARS ENDED MARCH 31, 2020 THROUGH THE CURRENT DATE ARE OPEN FOR AUDIT. AS OF MARCH 31, 2023 OR 2022, THE CLUB HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THERE WERE NO PENALTIES OR INTEREST ON INCOME TAXES INCURRED IN 2023 OR 2022, BUT, IF INCURRED, THEY WOULD BE CLASSIFIED IN THE STATEMENTS OF REVENUES, EXPENSES, AND OTHER CHANGES TO MEMBERSHIP EQUITY AS MISCELLANEOUS EXPENSE. NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED AT MARCH 31, 2023 OR 2022 AS THE CLUB DID NOT HAVE ANY UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PRPERTY AND EQUIPMENT PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP EQUITY - WITH DONOR RESTRICTIONS REVENUE 9,150. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PRPERTY AND EQUIPMENT PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP EQUITY - WITH DONOR RESTRICTIONS EXPENSES 8,779. X 0 0 0 JASON HAZLEY TENNIS DIRECTOR 188392 0 2500 0 0 0 0 0 24789 0 215681 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS ORGANIZED ON BOTH A STOCK BASIS AND A NON-STOCK MEMBERSHIP BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT TO VOTE TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL SENIOR MEMBERS ARE ALLOWED TO VOTE. JUNIOR AND LIFE MEMBERS ARE NOT ALLOWED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED TAX RETURNS IS PROVIDED TO THE CLUB MANAGEMENT. CLUB MANAGEMENT PRESENTS A COMPLETE COPY OF THE RETURNS TO THE BOARD MEMBERS FOR THEIR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE PERFORMANCE OF THE EMPLOYEES IS REVIEWED BY THE OFFICERS. IN ADDITION, SURVEYS OF SIMILAR CLUBS IN THE SOUTHEAST ARE OBTAINED TO CONSIDER LEVEL OF COMPENSATION OF THE KEY EMPLOYEES. OFFICERS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS AND TAX RETURNS AVAILABLE TO THE PUBLIC VIA THE WEBSITE WWW.GUIDESTAR.ORG FORM 990, PART XI, LINE 9: STOCK ISSUED AND REDEEMED 16,500. INCREASE IN MEMBERSHIP EQUITY WITH DONOR RESTRICTIONS INCLUDED IN P&L -371. FORM 990 PART XII, LINE 2C THE ORGANIZATION HAS NOT MADE ANY CHANGES TO ITS POLICY FROM THE PRIOR YEAR.