2025-01-15T14:01:34-06:00 2024-04-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-05-01 570147510 COUNTRY CLUB OF CHARLESTON COUN 8437950422 ONE COUNTRY CLUB DRIVE CHARLESTON SC 29412 DEBBIE MCCLURE TREASURER/SECRETARY 8437950422 2025-01-14 1 1 KERRI RAWCLIFFE P01398485 4016216200 2025-01-14 2023 2024-10-15 13:58:12Z DEBBIE MCCLURE ONE COUNTRY CLUB CHARLESTON SC 29412 16313261 0 X WWW.COUNTRYCLUBOFCHARLESTON.COM X 1936 SC TO PROVIDE A FACILITY WHERE THE MEMBERS CAN ENJOY BOTH SOCIAL AND PHYSICAL ACTIVITIES 12 12 200 65 382548 135341 0 0 11064006 13218069 13599 127670 -1391144 -2615599 9686461 10730140 0 0 0 0 3237454 3841002 0 0 0 5397403 5197781 8634857 9038783 1051604 1691357 23905261 23615427 6083392 4142271 17821869 19473156 TO PROVIDE AN ENJOYABLE AND RELAXING ATMOSPHERE TO THE MEMBERS OF THE CLUB ENGAGING IN BOTH SPORTING AND SOCIAL ACTIVITIES. 0 0 THE COUNTRY CLUB OF CHARLESTON PROVIDES MEMBERS WITH ACCESS TO ITS GOLF COURSE, CLUBHOUSE, NEW AQUATICS AND WELLNESS FACILITIES, A GOLF SHOP AND AN ACTIVE TENNIS FACILITY. WITH A STORIED HISTORY AND TRADITIONS, THE CLUB IS ONE OF THE PREMIER GOLF CLUBS IN THE SOUTHEAST. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 126 0 1 200 1 1 1 0 0 0 0 1650674 795184 0 0 0 X 12 12 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 1 1 1 1 0 SC X KAREN SHERMAN 8434061150 ONE COUNTRY CLUB DRIVE CHARLESTON SC 29412 X FRANK NORVELL EX-OFFICIO 2.00 X 0 0 0 BRIAN POWERS PRESIDENT 2.00 X X 0 0 0 FORREST NORVELL CLUB SOLICITOR 2.00 X X 0 0 0 ALEX ANDREWS DIRECTOR 2.00 X 0 0 0 JUSTIN BOULWARE VICE PRESIDENT 2.00 X X 0 0 0 DAVID KUNES DIRECTOR 2.00 X 0 0 0 ROD MOSELEY DIRECTOR 2.00 X 0 0 0 TED BRISSON DIRECTOR 2.00 X 0 0 0 DEBBIE MCCLURE TREASURER/SECRETARY 2.00 X X 0 0 0 ROD CONNELL DIRECTOR 2.00 X 0 0 0 JEFF PLACE DIRECTOR 2.00 X 0 0 0 ROBERT SUMNER DIRECTOR 2.00 X 0 0 0 MATT BOVA DIRECTOR OF GOLF 40.00 X 170631 0 15230 PAUL CORDER GOLF COURSE SUPERINTENDENT 40.00 X 184479 0 22015 JON ZEPP DIRECTOR OF TENNIS 40.00 X 160204 0 22015 KAREN SHERMAN CONTROLLER 40.00 X 150933 0 7305 TOBY SIMPSON TENNIS PROFESSIONAL 40.00 X 219358 0 6938 DANNY STEWART GOLF TEACHING PROFESSIONAL 40.00 X 147945 0 6101 JAMES SUTTON GENERAL MANAGER 40.00 X 269136 0 23215 ROY PFUND EXECUTIVE CHEF 40.00 X 132861 0 3488 1435547 0 106307 8 1 1 0 0 MEMBERSHIP DUES 713910 7012460 7012460 GOLF/PROSHOP INCOME 713910 2299897 1918113 381784 INITIATION FEES 713910 1650674 1650674 CAPITAL ASSESSMENTS AND DUES 713910 1196295 1196295 TENNIS 713910 356907 356907 701836 701836 13218069 127670 127670 2967522 5583121 -2615599 -2488693 -126906 10730140 10347592 382548 0 X 1183023 2306290 146095 205594 36364 43249 22868 27868 467315 23956 96486 1010718 649346 GOLF PURCHASES 590372 LEASE EXPENSE 353214 TOURNAMENT/MEMBER EXPEN 310471 CHEMICALS/FERTILIZER 283223 1282331 9038783 717350 1165841 2571479 2503779 709778 908404 332790 341825 242265 220118 35176379 17372175 18275851 17804204 1055748 671256 23905261 23615427 950390 1032885 170140 143354 3822430 2182954 1140432 783078 6083392 4142271 X 17821869 19473156 17821869 19473156 23905261 23615427 X 1691357 4630 -44700 X X 1 X 0 1 0 3039629 3039629 19498390 7701170 11797220 3773758 3002194 771564 8864602 6668811 2195791 17804204 ROU LIABILITY 568078 REFUNDABLE ASSESSMENTS 215000 783078 X PART X, LINE 2: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO APRIL 30, 2021. X 0 1 X X X X 0 0 0 JAMES SUTTON GENERAL MANAGER 269136 0 0 0 0 0 0 0 23215 0 292351 0 0 0 TOBY SIMPSON TENNIS PROFESSIONAL 219358 0 0 0 0 0 0 0 6938 0 226296 0 0 0 PAUL CORDER GOLF COURSE SUPERINTENDENT 184479 0 0 0 0 0 0 0 22015 0 206494 0 0 0 MATT BOVA DIRECTOR OF GOLF 170631 0 0 0 0 0 0 0 15230 0 185861 0 0 0 JON ZEPP DIRECTOR OF TENNIS 160204 0 0 0 0 0 0 0 22015 0 182219 0 0 0 KAREN SHERMAN CONTROLLER 150933 0 0 0 0 0 0 0 7305 0 158238 0 0 0 DANNY STEWART GOLF TEACHING PROFESSIONAL 147945 0 0 0 0 0 0 0 6101 0 154046 0 0 0 ROY PFUND EXECUTIVE CHEF 132861 0 0 0 0 0 0 0 3488 0 136349 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD HAS ONE ADDITIONAL BOARD MEMBER WHO SERVES EX-OFFICIO. THIS POSITION ONLY VOTES IN THE EVENT OF A TIE. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS STOCKHOLDERS, THERE ARE TWO TYPES OF STOCK - CLASS A AND CLASS B. CLASS B STOCKHOLDERS SHALL HAVE NO VOTE WITH RESPECT TO ANY MATTER CONCERING THE REAL ESTATE OR OTHER PHYSICAL ASSETS; NOR IN THE AUTHORIZATION OF LOANS OR MORTGAGES; NOR IN THE REORGANIZATION OF THE CORPORATION OR ITS CAPITAL STRUCTURE, SHALL BE ENTITLED TO A MAXIMUM LIQUIDATING DIVIDEND OF $100 ON THE LIQUIDATION OF THE CORPORATION, SHALL ENTITLE THE HOLDER TO QUALIFY AS A MEMBER OF THE MINORITY OF THE BOARD OF DIRECTORS, AND SHALL BE VOID SHOULD THE HOLDER CEASE TO BE A MEMBER OF THE COUNTRY CLUB OF CHARLESTON. FORM 990, PART VI, SECTION A, LINE 7A ALL STOCKHOLDERS SHALL HAVE ONE VOTE FOR THE ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS. 70% OF THE BOARD OF DIRECTORS SHALL BE CLASS A STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY ONLY BE AMENDED BY AN AFFIRMATIVE VOTE OF TWO-THIRDS OF THE ELIGIBLE STOCKHOLDERS AT ANY REGULAR OR SPECIAL MEETING OF STOCKHOLDERS PROVIDED THAT AT LEAST 30 DAYS NOTICE OF THE PROPOSED AMENDMENT(S) SHALL HAVE BEEN GIVEN BY MAIL TO THE STOCKHOLDERS AT THEIR LAST KNOWN ADDRESS. AN ELIGIBLE STOCKHOLDER SHALL MEAN A STOCKHOLDER WHO IS REPRESENTED, IN PERSON OR BY PROXY, AT THE REGULAR OR SPECIAL MEETING IN WHICH SUCH PROPOSED AMENDMENT IS BEING VOTED UPON. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE TREASURER PRIOR TO FILING. A COPY OF THE RETURN IS ALSO MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE GENERAL MANAGER IS SET AND APPROVED BY THE EXECUTIVE COMMITTEE. THE GENERAL MANAGER SETS COMPENSATION FOR ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO CLUB MEMBERS UPON REQUEST. FORM 990, PART IX, LINE 24E OPERATIONS CAPITAL EXPENSES 209,326. REPAIRS & MAINTENANCE 165,704. GRATUITY/DISCOUNTS 121,383. SUPPLIES 96,568. MEMBER CONTRIBUTION EXPENSE 96,400. LOSS ON DISPOSAL OF ASSETS 65,952. LESSON/TEAM EXPENSE 64,254. WATER, IRRIGATION AND DRAINAGE 54,715. GAS 46,471. LAUNDRY & TOWELS 41,742. TOP DRESSING 40,124. DUES/SUBSCRIPTIONS 36,469. LICENSES/FEES 30,602. TREE CARE/SEED & SOD 28,728. CAMP/AFTER SCHOOL EXPENSES 22,831. MISCELLANEOUS 20,899. BANK CHARGES 20,211. FITNESS CLASS 19,990. MANAGEMENT EXPENSES 18,270. EMPLOYEE SEARCH 17,726. SECURITY EXPENSE 14,686. UNIFORMS 14,643. TELEPHONE 9,366. DIRECTOR/BOARD EXPENSES 8,437. PEST CONTROL 5,186. TENNIS PURCHASES 3,310. RUBBISH REMOVAL 3,044. BACKGROUND CHECK/DRUG TESTING 2,412. STATE TAX EXPENSE 2,083. SMALL EQUIPMENT 709. ENTERTAINMENT/DECORATIONS 90. FORM 990, PART XI, LINE 9: CHANGE IN MEMBERSHIP CERTIFICATES -44,700. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.