2024-05-07T12:28:40-05:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 042003667 BELMONT COUNTRY CLUB BELM 6174845360 181 WINTER STREET BELMONT MA 02478 KYLE BURRELL TREASURER 6174845360 2024-05-01 1 KYLE BURRELL 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z KYLE BURRELL 181 WINTER STREET BELMONT MA 02478 12563397 0 X WWW.BELMONTCC.ORG X 1944 MA THE CLUB OFFERS GOLF, TENNIS, SWIMMING, AND DINING FOR THE RECREATION OF ITS MEMBERSHIP. 16 16 207 16 947998 136803 0 0 8460888 8119287 53501 151699 3118515 3250490 11632904 11521476 0 0 0 0 5802137 6431651 0 0 0 5911737 5840288 11713874 12271939 -80970 -750463 28466812 27442591 10795391 10521633 17671421 16920958 THE CLUB OFFERS GOLF, TENNIS, SWIMMING, AND DINING FOR THE PLEASURE AND RECREATION OF ITS MEMBERSHIP. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 48 0 1 207 1 1 1 0 0 0 0 2062779 1027142 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X KYLE BURRELL TREASURER 6174845360 181 WINTER STREET BELMONT MA 02478 CHARLIE ABRAMS PRESIDENT 2.00 X X 0 0 0 MIRA WOODS VICE PRESIDENT 2.00 X X 0 0 0 KYLE BURRELL TREASURER 2.00 X X 0 0 0 DANIEL CRANE SECRETARY 2.00 X X 0 0 0 SETH GELBER PAST PRESIDENT 2.00 X 0 0 0 CYNTHIA DUGAN DIRECTOR/TRUSTEE 2.00 X 0 0 0 BRETT LEVY DIRECTOR/TRUSTEE 2.00 X 0 0 0 TED PORTER DIRECTOR/TRUSTEE 2.00 X 0 0 0 ROBERT ANTHONY DIRECTOR/TRUSTEE 2.00 X 0 0 0 EDDIE CORDEIRO DIRECTOR/TRUSTEE 2.00 X 0 0 0 LAURIE ENDLAR LEE DIRECTOR/TRUSTEE 2.00 X 0 0 0 REESE GENSER DIRECTOR/TRUSTEE 2.00 X 0 0 0 ALLISON MARGOLIES DIRECTOR/TRUSTEE 2.00 X 0 0 0 EZRA BARNEHAMA DIRECTOR/TRUSTEE 2.00 X 0 0 0 STEPHEN WISE DIRECTOR/TRUSTEE 2.00 X 0 0 0 SUSAN YANOFSKY DIRECTOR/TRUSTEE 2.00 X 0 0 0 BRETT GORDON DIRECTOR/TRUSTEE 2.00 X 0 0 0 ANDREW COLEMAN GENERAL MANAGER 40.00 X 334464 0 52790 JOHN ROSE GOLF COURSE SUPERINTENDENT 40.00 X 194580 0 25825 JOHN FIELDS GOLF DIRECTOR 40.00 X 239748 0 33564 MARK GOLDBERG EXECUTIVE CHEF 40.00 X 146598 0 24770 KEVIN NEE CONTROLLER 40.00 X 134689 0 12325 WILL BARON FACILITIES DIRECTOR 40.00 X 129624 0 18421 1179703 0 167695 11 0 1 0 0 MEMBERSHIP DUES 713910 6056508 6056508 CAPITAL ASSESSMENTS 713910 1529279 1529279 INITIATION FEES 713910 533500 533500 8119287 151699 151699 4138527 1041921 3096606 2300307 796299 INSURANCE PROCEEDS 900099 144312 144312 REAL ESTATE TAX REFUND 900099 9572 9572 153884 11521476 10419594 947998 153884 607658 4581478 496932 114083 631500 64120 30240 29491 168901 106735 706557 7927 365305 2254097 131516 GOLF COURSE OPERATIONS 924859 FOOD & BEV OPERATIONS 433540 CLUBHOUSE OPERATIONS 365094 OTHER SPORTS ACTIVITIES 197906 54000 12271939 426868 102126 3605658 3308350 1116861 1134077 725420 742930 128886 181891 146241 191750 43122095 21606615 22055317 21515480 261561 265987 28466812 27442591 553767 476637 991519 1044770 8988544 8734239 261561 265987 10795391 10521633 X 17671421 16920958 17671421 16920958 28466812 27442591 -750463 0 X 0 0 0 37962 37962 29374576 15614102 13760474 8556465 3342824 5213641 1264339 632100 632239 3888753 2017589 1871164 21515480 SUPPLEMENTAL RETIREMENT PLAN 64158 OPERATING LEASE 201829 265987 12563397 1041921 1041921 11521476 0 11521476 13313860 1041921 1041921 12271939 0 12271939 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,041,921. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,041,921. X 0 1 0 ANDREW COLEMAN GENERAL MANAGER 299464 0 35000 0 0 0 24900 0 27890 0 387254 0 0 0 JOHN FIELDS GOLF DIRECTOR 237248 0 2500 0 0 0 7498 0 26066 0 273312 0 0 0 JOHN ROSE GOLF COURSE SUPERINTENDENT 164580 0 30000 0 0 0 5759 0 20066 0 220405 0 0 0 MARK GOLDBERG EXECUTIVE CHEF 126598 0 20000 0 0 0 4704 0 20066 0 171368 0 0 0 PART I, LINE 4B EFFECTIVE JANUARY 1, 2021, THE CLUB ENTERED INTO A DEFERRED COMPENSATION ARRANGEMENT WITH A KEY EMPLOYEE. COMMENCING IN JANUARY 2022, THE KEY EMPLOYEE'S PORTION OF THE COMPENSATION WILL BE INVESTED IN MUTUAL FUNDS. THESE ASSETS WILL REMAIN THE PROPERTY OF THE CLUB UNTIL PAID TO THE KEY EMPLOYEE. FORM 990, PART VI, SECTION A, LINE 6 BELMONT COUNTRY CLUB (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT APPOINTS A NOMINATING COMMITTEE AND THE NOMINATING COMMITTEE MAKES RECOMMENDATIONS FOR BOARD MEMBERS AND OFFICERS. MEMBERS VOTE AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST APPROVE CHANGES IN THE BY-LAWS, SALES OF REAL ESTATE, AND CAPITAL EXPENDITURES EXCEEDING APPROXIMATELY $850,000 ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C HAVING READ AND UNDERSTOOD THE ABOVE, THE MEMBER HAS SUBSCRIBED HIS OR HER NAME, AFFIRMING THEREBY THAT THE MEMBER HAS NO REAL OR APPARENT CONFLICT OF INTEREST AS OF THIS DATE OR, IS SO, DETAILING ITS NATURE BELOW." NO MEMBER LISTED ANY CONFLICTS OR POTENTIAL CONFLICTS ON HIS/HER DOCUMENT. THROUGHOUT THE YEAR WE TRY TO RAISE AWARENESS, ENCOURAGE DISCLOSURE AND DISCUSSION OF ANYTHING THAT MAY BE A CONFLICT, AND WE ENCOURAGE A CULTURE OF CANDOR. IF ANY CONFLICT IS DISCLOSED WE WILL INCLUDE A DESCRIPTION OF SUCH IN THE MINUTES. WE WILL INCLUDE HOW THE CONFLICT WAS MANAGED, SUCH AS A DISCUSSION ON THE MATTER WITHOUT THE MEMBER IN THE ROOM, AND THAT A VOTE WAS TAKEN BUT THE "INTERESTED" BOARD MEMBER ABSTAINED FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.