2025-06-25T06:31:18-05:00 2024-09-30 381910111 UHY ADVISORS GREAT LAKES INC 27725 STANSBURY BLVD SUITE 210 FARMINGTON HILLS MI 48334 990 2023-10-01 380555850 FRANKLIN HILLS COUNTRY CLUB FRAN 2488512200 31675 INKSTER ROAD FRANKLIN MI 48025 LAURENT FREGONARA GENERAL MANAGER 2488512200 2025-06-24 1 1 STEVEN KATZMAN P00950685 2483550280 2025-06-24 2023 2025-03-06 01:10:19Z LAURENT FREGONARA 31675 INKSTER ROAD FRANKLIN MI 48025 16562726 0 X WWW.FRANKLINHILLS.COM X 1935 MI FRANKLIN HILLS IS A PRIVATE COUNTRY CLUB DEDICATED TO PROVIDING ITS MEMBERS, FAMILIES AND GUESTS WITH EXTRAORDINARY FACILITIES FOR GOLF, SOCIALIZING, TENNIS, SWIMMING, AND ENTERTAINING. WITH A NATIONALLY RANKED GOLF COURSE AND EXCEPTIONAL SERVICE. 12 12 215 12 55630 166778 0 0 10363134 11535019 38713 210379 -797625 -719439 9604222 11025959 0 0 0 0 3456282 4195129 0 0 0 4808570 4641874 8264852 8837003 1339370 2188956 12282380 14430391 1751650 1697705 10530730 12732686 FRANKLIN HILLS IS A PRIVATE COUNTRY CLUB DEDICATED TO PROVIDING ITS MEMBERS, FAMILIES AND GUESTS WITH EXTRAORDINARY FACILITIES FOR GOLF, SOCIALIZING, TENNIS, SWIMMING, AND ENTERTAINING. WITH A NATIONALLY RANKED GOLF COURSE AND EXCEPTIONAL SERVICE. 0 0 ALL EXPENSES INCURRED ARE PROVIDED FOR THE RECREATION AND PLEASURE TO ALL MEMBERS 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 11 0 1 215 1 1 1 0 0 0 0 740232 964058 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 1 1 1 0 MI X LAURENT FREGONARA 2488512200 31675 INKSTER ROAD FRANKLIN MI 48025 MOLLY CHERNOW DIRECTOR 0.50 X 0 0 0 DR CHARLES SCHWARTZ PRESIDENT 0.50 X X 0 0 0 JEFF WEBER DIRECTOR 0.50 X 0 0 0 MATTHEW SOSIN VICE - PRESIDENT 0.50 X X 0 0 0 ADAM JACOB DIRECTOR 0.50 X 0 0 0 SUE KAUFMAN DIRECTOR 0.50 X 0 0 0 STACY KLEIN TREASURER 0.50 X X 0 0 0 MARK LEWIS DIRECTOR 0.50 X 0 0 0 PETER JOELSON DIRECTOR 0.50 X 0 0 0 DR JEFFREY SHAPIRO SECRETARY 0.50 X X 0 0 0 DR MARC SIEGEL DIRECTOR 0.50 X 0 0 0 MICHAEL KRAMER DIRECTOR 0.50 X 0 0 0 LAURENT FREGONARA GENERAL MANAGER 40.00 X 278465 0 23063 BRIAN SCHWEIHOFER GREENS SUPER 40.00 X 256508 0 27921 JEFFERY FERRY HEAD GOLF PROFESSIONAL 40.00 X 192475 0 27472 KEITH BJERTNESS EXECUTIVE CHEF 40.00 X 242799 0 23043 FRED KARK CONTROLLER 40.00 X 184650 0 25455 1154897 0 126954 5 0 1 0 0 MEMBERSHIP DUES 713910 6038271 6038271 ASSESSMENTS 713910 3460244 3460244 GREEN FEES, BAG STORAGE 713910 770337 770337 INITIATION FEES 713910 740232 740232 CART RENTALS 713910 393060 251413 141647 132875 132875 11535019 121929 121929 88450 0 88450 88450 88450 4078963 5536767 -1457804 -1249858 -207946 PARKING 713910 416350 416350 SECURITY FEES 713910 173474 173474 MISCELLANEOUS 713910 81041 81041 67500 67500 738365 11025959 10970329 55630 0 278465 2779870 104810 734725 297259 25165 477851 6325 10516 695964 292511 CAPITAL EXPENDITURES 1020375 SUPPLIES 456883 PARKING SERVICES 412441 REPAIRS & MAINTENANCE 393959 849884 8837003 1340098 1234978 2411608 3069061 1045202 1058101 82913 81331 22909941 13923021 7402559 8986920 12282380 14430391 1122878 1050067 628772 647638 1751650 1697705 X 10530730 12732686 10530730 12732686 12282380 14430391 X 2188956 13000 X 0 1 X 1 0 308775 308775 18414785 13923021 4491764 4186381 4186381 8986920 X 16562726 0 16562726 -5536767 -5536767 11025959 14373770 5536767 5536767 8837003 0 8837003 PART X, LINE 2: ASC GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED UPON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ITS ULTIMATE SETTLEMENT. AT SEPTEMBER 30, 2024 THERE WERE NO UNCERTAIN TAX POSITIONS THAT REQUIRED ACCRUAL. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -5,536,767. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,536,767. X X X X 0 0 0 LAURENT FREGONARA GENERAL MANAGER 221065 0 49000 0 8400 0 0 0 23063 0 301528 0 0 0 BRIAN SCHWEIHOFER GREENS SUPER 207008 0 43500 0 6000 0 0 0 27921 0 284429 0 0 0 KEITH BJERTNESS EXECUTIVE CHEF 196799 0 46000 0 0 0 0 0 23043 0 265842 0 0 0 JEFFERY FERRY HEAD GOLF PROFESSIONAL 169475 0 23000 0 0 0 0 0 27472 0 219947 0 0 0 FRED KARK CONTROLLER 157450 0 23000 0 4200 0 0 0 25455 0 210105 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS ORGANIZED ON A MEMERBERSHIP STOCK BASIS. FORM 990, PART VI, SECTION A, LINE 7A CERTAIN CLASSES OF MEMBERSHIP, IN GOOD STANDING, ARE ENTITLED TO VOTING PRIVILEGES, ON ANY MATTER PRESENTED TO THE MEMBERSHIP OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B BY-LAW CHANGES NEED TO BE APPROVED BY ALL MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990. THEY PRESENT HIGHLIGHTS TO THE BOARD AND A COPY OF FORM 990 IS GIVEN TO THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 ALL BOARD MEMBERS ARE ANNUALLY REQUIRED TO COMPLETE AND SIGN THE CONFLICTS OF INTEREST STATEMENT. ANY NEW POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AT BOARD MEETINGS ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE FISCAL YEAR PERFORMANCE OF TOP MANAGEMENT OFFICIALS AND ESTABLISHES IF THERE WILL BE ANY CHANGE IN COMPENSATION. COMPARISON OF COMPENSATION AT OTHER CLUBS AND COMPENSATION SURVEYS ARE USED TO DETERMINE SALARIES. ANY CHANGE IN COMPENSATION MUST BE APPROVED BY THE BOARD. TOP MANAGEMENT OFFICIALS ARE REQUIRED TO SIGN EMPLOYMENT CONTRACTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVALIABLE UPON REQUEST. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES 13,000.