2025-11-17T14:07:03-06:00 2024-12-31 341463411 BARNES WENDLING CPAS INC 5050 WATERFORD DRIVE SHEFFIELD VILLAGE OH 44035 990 2024-01-01 340348570 LAKEWOOD COUNTRY CLUB COMPANY LAKE 4408710400 2613 BRADLEY ROAD WESTLAKE OH 44145 BEN COOKE PRESIDENT 4408710400 2025-11-14 1 1 ROBERT G ZUNICH CPA ABV P00159260 4409343850 2025-11-14 2024 2025-03-06 01:10:19Z BEN COOKE 2613 BRADLEY ROAD WESTLAKE OH 44145 12528198 0 X WWW.LAKEWOODCOUNTRYCLUB.COM X 1921 OH LAKEWOOD COUNTRY CLUB WILL EXCEED MEMBER AND GUEST EXPECTATIONS BY PROVIDING EXCEPTIONAL SOCIAL AND RECREATIONAL EXPERIENCES THROUGH THE FINEST STAFF, SERVICES, AMENITIES, FACILITIES, AND ACTIVITIES. 9 9 223 9 192360 179674 3755973 8674671 2918965 2922451 534369 381980 497589 528716 7706896 12507818 0 0 0 0 3125892 3563123 0 0 0 4110180 4496767 7236072 8059890 470824 4447928 15699596 17278430 11991257 8949472 3708339 8328958 X LAKEWOOD COUNTRY CLUB WILL EXCEED MEMBER AND GUEST EXPECTATIONS BY PROVIDING EXCEPTIONAL SOCIAL AND RECREATIONAL EXPERIENCES THROUGH THE FINEST STAFF, SERVICES, AMENITIES, FACILITIES, AND ACTIVITIES. 0 0 RESTAURANT AND BAR - EXPENSES INCURRED IN PROVIDING FOOD AND BEVERAGES TO MEMBERS IN A SOCIAL CLUB SETTING. TENNIS & SWIMMING - COSTS INCURRED TO OFFER THE FACILITIES TO MEMBERS. GOLF - EXPENSES INCURRED IN THE MAINTENANCE AND IMPROVEMENT OF THE CLUB'S GOLF FACILITIES. OTHER PROGRAMS - EXPENSES INCURRED FOR THE COST OF PROVIDING TOURNAMENTS AND ENTERTAINMENT FOR THE MEMBERS AS WELL AS LOCKER ROOM AND CLUBHOUSE FACILITIES. 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 1 0 0 0 0 0 0 0 0 0 1 0 0 1 9 0 1 223 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 0 0 0 X X DIANNE MORGAN 4408710400 2613 BRADLEY RD WESTLAKE OH 44145 BEN COOKE PRESIDENT 1.00 X X 0 0 0 ADAM MORRIS VICE PRESIDENT 1.00 X X 0 0 0 TIM CAMPBELL SECRETARY 1.00 X X 0 0 0 BRIAN KELLY TREASURER 1.00 X X 0 0 0 JOE ARNOLD DIRECTOR 1.00 X 0 0 0 MICHAEL ROMANELLO DIRECTOR 1.00 X 0 0 0 JAKE CROCKER DIRECTOR 1.00 X 0 0 0 EDWARD HADAWAY DIRECTOR 1.00 X 0 0 0 TIM RYAN DIRECTOR 1.00 X 0 0 0 DIANNE MORGAN CONTROLLER 40.00 X 116862 0 9246 GEOFF SOWL CHEF 40.00 X 125558 0 9246 TIMOTHY PERIN DIRECTOR OF GOLF 40.00 X 160302 0 8082 AARON ARCHAMBAULT SUPERINTENDENT 40.00 X 145013 0 6834 ALFREDO HILDEBRANDT GENERAL MANAGER 40.00 X 154784 0 15409 702519 0 48817 5 0 1 0 0 8674671 8674671 FOOD, BEVERAGE, TOBACCO, AND ENTE 713910 2374586 2374586 GOLF OPERATIONS 713910 506453 506453 SWIMMING POOL AND TENNIS FEES 713910 41412 41412 2922451 192360 192360 210000 20380 189620 189620 189620 446120 0 446120 446120 MISCELLANEOUS 713910 82596 82596 82596 12507818 3451167 192360 189620 702519 2392464 9360 205402 253378 69916 597941 67654 619825 488914 624175 127568 COGS - FOOD, BEVERAGE, 936566 COGS - GOLF 315330 MISCELLANEOUS 183895 TOURNAMENTS AND EVENTS 93277 371706 8059890 619607 629752 839538 90355 890423 732893 205129 220719 20103 20529 24932418 9816348 10179798 15116070 2480696 464302 468112 15699596 17278430 479847 872612 3116433 179484 2447004 1159593 4837102 5764684 1110871 973099 11991257 8949472 X 3708339 8328958 3708339 8328958 15699596 17278430 X 4447928 -3869 176560 X X 0 1 X 1 0 114018 114018 11546569 4392129 7154440 3089469 2085669 1003800 10182362 3338550 6843812 15116070 ACCRUED TAXES 419447 ACCRUED INTEREST 32825 OTHER CURRENT LIABILITIES 42845 FINANCE LEASE LIABILITY 330376 OPERATING LEASE LIABILITY 147606 973099 X 12503949 -3869 -3869 12507818 0 12507818 7883690 -176200 -176200 8059890 0 8059890 PART X, LINE 2: THE CLUB IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE IN REGARD TO MEMBERS' TRANSACTIONS. CERTAIN NON-MEMBER RELATED INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). THE CLUB EVALUATES AT EACH BALANCE SHEET DATE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, TO DETERMINE THE NEED TO RECORD LIABILITIES FOR TAXES, PENALTIES, AND INTEREST. THE CLUB DID NOT IDENTIFY ANY MATERIAL UNRECOGNIZED TAX BENEFITS UPON EVALUATION OF TAX POSITIONS TAKEN AND THEREFORE, THERE WAS NO MATERIAL EFFECT ON THE CLUBS FINANCIAL CONDITION OR RESULTS OF OPERATIONS. THE CLUBS POLICY IS TO RECORD INTEREST AND PENALTIES ON UNCERTAIN TAX PROVISIONS AS INCOME TAX EXPENSE. AS OF DECEMBER 31, 2024 AND 2023, THE CLUB HAS NO ACCRUED TAXES, INTEREST, OR PENALTIES RELATED TO UNCERTAIN INCOME TAX POSITIONS. THE CLUB ESTIMATES THE UNRECOGNIZED TAX BENEFIT WILL NOT CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. PART XII, LINE 2D - OTHER ADJUSTMENTS: DEFERRED INCOME TAX EXPENSE -176,200. 0 0 0 ALFREDO HILDEBRANDT GENERAL MANAGER 154784 0 0 0 0 0 0 0 15409 0 170193 0 0 0 TIMOTHY PERIN DIRECTOR OF GOLF 160302 0 0 0 0 0 1248 0 6834 0 168384 0 0 0 AARON ARCHAMBAULT SUPERINTENDENT 145013 0 0 0 0 0 0 0 6834 0 151847 0 0 0 LCC MEMBER HOLDINGS LLC CONSTRUCTION LOAN X 4200000 1159593 0 1 1 1159593 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS STOCKHOLDERS. EACH CANDIDATE ELECTED TO RESIDENT MEMBERSHIP SHALL BECOME A STOCKHOLDER BEFORE SUCH CANDIDATE SHALL BE ENTITLED TO THE PRIVILEGES OF THE CLUB, BUT NO STOCKHOLDER SHALL BE ENTITLED TO SUCH PRIVILEGES UNTIL SUCH STOCKHOLDER HAS BEEN REGULARLY ELECTED TO MEMBERSHIP AND HAS QUALIFIED. FORM 990, PART VI, SECTION A, LINE 7A NOMINATION AND ELECTION OF DIRECTORS THE NOMINATING COMMITTEE SHALL BE APPOINTED BY THE PRESIDENT NOT LESS THAN NINETY (90) DAYS PRIOR TO THE SCHEDULED DATE OF THE ANNUAL SHAREHOLDERS MEETING. THE NOMINATING COMMITTEE SHALL REVIEW THE QUALIFICATIONS OF POTENTIAL CANDIDATES AND NOMINATE A SLATE OF SIX RESIDENT MEMBERS OR SENIOR RESIDENT MEMBERS FOR APPROVAL BY THE BOARD. THE BOARD SHALL PLACE THE LIST OF NOMINEES AND WRITTEN SUMMARIES OF QUALIFICATION WITH THE SECRETARY UPON APPROVAL NOT LESS THAN SIXTY (60) DAYS PRIOR TO THE SCHEDULED DATE OF THE ANNUAL MEETING. THE NOMINATING COMMITTEE SHALL BE COMPRISED OF FIVE RESIDENT MEMBERS OR SENIOR RESIDENT MEMBERS APPOINTED BY THE PRESIDENT. THE CHAIRMAN OF THE NOMINATING COMMITTEE SHALL BE A RECENT PAST-PRESIDENT OR OTHER MEMBER OF THE PRESIDENT'S CHOOSING WHO BY REASON OF PAST SERVICE OR OTHER ATTRIBUTES IS SPECIALLY QUALIFIED TO SERVE. CURRENT DIRECTORS SHALL NOT BE ALLOWED TO SERVE ON THE NOMINATING COMMITTEE SO LONG AS THERE ARE SUFFICIENT RESIDENT MEMBERS OR SENIOR RESIDENT MEMBERS AT LARGE TO FILL THE SLATE AND THE SEATS OF THE COMMITTEE FORM 990, PART VI, SECTION A, LINE 7B THE BOARD SHALL HAVE THE SOLE CONTROL AND MANAGEMENT OF THE PROPERTY, BUSINESS AND AFFAIRS OF THE CORPORATION. IT SHALL HAVE POWER TO ADOPT BY-LAWS NOT INCONSISTENT WITH THESE REGULATIONS, MAKE RULES AND REGULATIONS CONCERNING THE USE OF THE CLUBHOUSES AND GROUNDS, TO CALL SPECIAL MEETINGS OF STOCKHOLDERS, AND IN GENERAL TO EXERCISE ALL POWERS GIVEN IT BY LAW AND BY THESE REGULATIONS FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS GIVEN TO THE PRESIDENT AND CONTROLLER PRIOR TO FILING. THE PRESIDENT AND CONTROLLER REVIEWS AND PROVIDES INPUT. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DEFERRED INCOME TAX EXPENSE 176,200. ISSUANCE OF CAPITAL STOCK 360. PART XII - LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR. CADDIE SCHOLARSHIP FOUNDATION 2613 BRADLEY ROAD WESTLAKE OH 44145 341462353 COLLEGE SCHOLARSHIP OH 501(C)(3) N 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CADDIE SCHOLARSHIP FOUNDATION B 16100 CASH VALUE