2025-07-10T07:33:41-05:00 2024-12-31 231311005 BOYER & RITTER LLC 211 HOUSE AVENUE CAMP HILL PA 17011 990 2024-01-01 520316585 FOUNTAIN HEAD COUNTRY CLUB INCORPORATED FOUN 3017398282 13316 FOUNTAIN HEAD ROAD HAGERSTOWN MD 21742 MIKE MANSPEAKER TREASURER 3017916649 2025-07-07 1 1 DAVID J MANBECK CPA P00773661 7177617210 2024 2025-03-06 01:10:19Z MIKE MANSPEAKER 13316 FOUNTAIN HEAD ROAD HAGERSTOWN MD 21740 4295874 0 X WWW.FHCC1924.COM X 1924 MD TO PROVIDE SOCIAL SERVICES AND RECREATIONAL FACILITIES FOR MEMBERS. 12 12 149 40 264427 9276 175400 52146 2422046 2372346 41 -2253 1282863 1189911 3880350 3612150 0 0 0 0 2069159 1995495 0 0 0 1914351 1806667 3983510 3802162 -103160 -190012 6223761 5318418 5793530 5077999 430231 240419 PROVIDING SOCIAL SERVICES AND RECREATIONAL FACILITIES FOR THE ENJOYMENT OF THE CLUB'S MEMBERS AND THEIR GUESTS 0 0 PROVIDED SOCIAL SERVICES AND RECREATIONAL FACILITIES FOR THE ENJOYMENT OF THE CLUB'S MEMBERS AND THEIR GUESTS PROVIDED FOOD AND BEVERAGE CONSUMPTION TO THE CLUB'S MEMBERS AND THEIR GUESTS 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 40 0 1 149 1 1 1 0 0 0 0 0 0 5492 264427 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MOLLY TANTILLO FINANCIAL CONTROLLER 3017398282 13316 FOUNTAIN HEAD ROAD HAGERSTOWN MD 21740 PATRICK CASEY END 11624 CLUB MANAGER 40.00 X 22805 0 1757 SCOTT IRWIN 11624 - 10124 CLUB MANAGER 40.00 X 78654 0 0 KAYLA SHANK THRU FEB 2024 FINANCIAL CONTROLLER 40.00 X 29711 0 0 STUART KELMAN GOVERNOR 5.00 X 0 0 0 MOLLY TANTILLO BEG MARCH 2024 FINANCIAL CONTROLLER 40.00 X 29535 0 0 JONATHAN SCHUPP PRESIDENT 10.00 X X 0 0 0 PETER SPELLAR VICE PRESIDENT 10.00 X X 0 0 0 GARY BOCKRATH SECRETARY 10.00 X X 0 0 0 MICHAEL MANSPEAKER TREASURER 10.00 X X 0 0 0 TREY ALTER GOVERNOR 5.00 X 0 0 0 SCOTT COLEMAN GOVERNOR 5.00 X 0 0 0 RANDY FINN GOVERNOR 5.00 X 0 0 0 BOB GLASS GOVERNOR 5.00 X 0 0 0 FRAN SCIULLA GOVERNOR 5.00 X 0 0 0 STEVE THOMAS GOVERNOR 5.00 X 0 0 0 MIKE TWIGG GOVERNOR 5.00 X 0 0 0 160705 0 1757 0 0 0 0 0 52146 52146 MEMBERSHIP DUES AND ASSESSMENTS 713910 2077017 2077017 GOLF CART RENTALS 713910 199875 199875 GREENS FEES 713910 91988 50387 41601 TENNIS COURTS 713910 3466 3406 60 2372346 2253 -2253 -2253 -2253 1654592 681471 973121 774190 198931 MISCELLANEOUS INCOME 713910 111131 111131 GOLF PROFESSIONAL 713910 31095 31095 ROOM RENTALS 713910 23729 23729 50835 50729 106 216790 3612150 3297830 264427 -2253 162462 1490216 23323 142196 177298 75134 75925 97044 59153 15145 166051 865 185428 322082 61712 SUPPLIES 260108 DEBT RESTRUCTURING EXPE 150000 MISCELLANEOUS 115842 VEHICLE EXPENSE 74845 147333 3802162 428184 164564 75538 123088 592101 368780 237516 202555 16720 25883 12264218 7974105 4555382 4290113 318320 143435 6223761 5318418 187579 89397 386343 1910087 150000 4993462 2204605 580000 226146 143910 5793530 5077999 X 430231 240419 430231 240419 6223761 5318418 X -190012 200 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78741 78741 8647661 4705426 3942235 1731792 1603801 127991 1806024 1664878 141146 4290113 FINANCE LEASE LIABILITY 1853 OPEARTING LEASE LIABILITY 142057 143910 X 4293621 681471 681471 3612150 0 3612150 4483633 681471 681471 3802162 0 3802162 PART X, LINE 2: MANAGEMENT HAS ASSESSED THE CORPORATION'S EXPOSURE TO INCOME TAXES AT THE ENTITY LEVEL AS A RESULT OF UNCERTAIN TAX POSITIONS TAKEN IN CURRENT AND PREVIOUSLY-FILED TAX RETURNS. EXAMPLES OF TAX POSITIONS TAKEN AT THE ENTITY LEVEL INCLUDE THE CONTINUING VALIDITY OF THE CORPORATION'S EXEMPT STATUS, BEING SUBJECT TO THE FILING REQUIREMENT FOR UNRELATED BUSINESS INCOME, AND OTHER TAX POSITIONS THAT COULD RESULT IN INCOME TAX LIABILITIES TO THE CORPORATION UPON EXAMINATION BY TAXING AUTHORITIES. PRESENTLY, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT ITS TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING ANY APPEALS AND LITIGATION, SUCH THAT THE CORPORATION HAS NO EXPOSURE TO INCOME TAX LIABILITIES FROM UNCERTAIN TAX POSITIONS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS FROM INVENTORY SALES 681,471. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS FROM INVENTORY SALES 681,471. PETER SPELLAR MEMBER & CURRENT BOARD VP MORTGAGE FINANCING FOR PROPERTY X 50000 50000 0 1 1 MIKE MANSPEAKER MEMBER & CURRENT BOARD TREASURER MORTGAGE FINANCING FOR PROPERTY X 50000 50000 0 1 1 STEVE THOMAS MEMBER & CURRENT BOARD MEMBER MORTGAGE FINANCING FOR PROPERTY X 50000 50000 0 1 1 150000 FORM 990, PART VI, SECTION A, LINE 6 AS OF DECEMBER 31, 2024, THE CLUB HAD 970 SHARES OF CAPITAL STOCK OUTSTANDING; EACH SHARE HAS A PAR VALUE OF $100 AND CARRIES A SINGLE VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE CLUB'S BOARD OF GOVERNORS IS ELECTED AT THE CLUB'S ANNUAL STOCKHOLDERS' MEETING BY THOSE MEMBERS ENTITLED TO VOTE AT SAID MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANNUAL OPERATING AND CAPITAL BUDGETS ARE SUBJECT TO THE APPROVAL OF THE CLUB'S STOCKHOLDERS AS ARE DECISIONS TO ENCUMBER THE CLUB'S ASSETS FOR THE PURPOSE OF CAPITAL EXPENDITURES AND IMPROVEMENTS. AMENDMENTS AND RESTATEMENTS OF THE CLUB'S ORGANIZATIONAL DOCUMENTS ARE ALSO SUBJECT TO STOCKHOLDERS' APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B FORMS 990 AND 990-T ARE REVIEWED BY THE CLUB'S ACTING CONTROLLER, TREASURER, FINANCE COMMITTEE AND BOARD OF GOVERNORS PRIOR TO THEIR FILINGS WITH THE APPROPRIATE INTERNAL REVENUE SERVICE CENTERS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EXISTING OR POTENTIAL CONFLICTS-OF-INTEREST ARE REQUIRED TO BE DISCLOSED BY DIRECTLY-INVOLVED PARTIES. THESE DISCLOSURES ARE REVIEWED AND RESOLVED BY THE CLUB'S BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL PERSONNEL PERFORMANCE REVIEW OF THE CLUB'S GENERAL MANAGER IS PERFORMED BY THE CLUB'S BOARD OF GOVERNORS, AND ANNUALLY, THE PERFORMANCE OF DEPARTMENT MANAGERS IS REVIEWED BY THE CLUB'S GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST AND AT 13316 FOUNTAIN HEAD ROAD, HAGERSTOWN, MD 21742 ON TUESDAY THROUGH FRIDAY FROM THE HOURS OF 8:00 A.M. TO 4:00 P.M. FORM 990, PART XI, LINE 9: NET CHANGE IN UNRESTRICTED MEMBERSHIP EQUITY 200. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESSES DURING THE YEAR. FORM 990, SCHEDULE R, PART V, LINE 2: FHCC NOMINEE CORPORATION WAS FORMED FOR THE PURPOSE OF OBTAINING MORTGAGE FINANCING ON BEHALF OF FOUNTAIN HEAD COUNTRY CLUB. FOUNTAIN HEAD COUNTY CLUB, INC. HAS GUARANTEED THIS DEBT. THE OUTSTANDING BALANCE ON FHCC NOMINEE CORPORATION'S MORTGAGE LOAN WHICH FOUNTAIN HEAD COUNTY CLUB, INC. HAS GUARANTEED WAS $4,516,667 AT DECEMBER 31, 2023. FHCC NOMINEE CORPORATION 13316 FOUNTAIN HEAD ROAD HAGERSTOWN MD 21742 202269999 FHCC NOMINEE CORPORATION GUARANTEES A MORTGAGE LOAN ON BEHALF OF FHCC, INC. MD N/A C 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FHCC NOMINEE CORPORATION E 2730000 LOAN BALANCES AT YEAR-END