2025-08-15T12:05:44-04:00 2024-09-30 BDO USA 100 SE 2ND STREET SUITE 1700 MIAMI FL 33131 990 2023-10-01 590539247 RIVIERA COUNTRY CLUB OF CORAL GABLES INC % DANIEL PELLA DIRE OF FINAN RIVI 3056615331 1155 BLUE ROAD CORAL GABLES FL 33146 SHERRILL W HUDSON TREASURER 3056615331 2025-08-14 true true JAKE COOK P01240455 3053818000 2025-08-11 2023 2025-03-06 01:10:19Z ALEXANDER P ADAMS 1155 BLUE ROAD CORAL GABLES FL 33146 35322300 false X RIVIERACOUNTRYCLUB.ORG X 1945 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 13 13 363 13 961851 823257 14364926 15565391 11121185 12447621 671263 867647 3217186 2171583 29374560 31052242 0 0 0 0 15366546 16155934 0 0 0 12006338 12212908 27372884 28368842 2001676 2683400 69700732 70245093 33140562 32402699 36560170 37842394 TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. false false 0 0 0 A PRIVATE COUNTRY CLUB OFFERING GOLF COURSES, INSTRUCTION AND RELATED SERVICES AND CLUBHOUSE FACILITIES FOR ITS MEMBERS. 0 false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false true 116 0 true 363 true true true false false false false 7859586 372211 false false false X 13 13 true false false false true false true true true false false true true true true false false true true false FL X DANIEL PELLA DIRE OF FINAN 3056615331 1155 BLUE ROAD CORAL GABLES FL 33146 MARK SNURE GENERAL MANAGER 60.0 0.0 X 547370 0 34757 PATRICK SALTER DIRECTOR OF AGRONOMY 60.0 0.0 X 453020 0 27038 DANIEL PELLA DIRECTOR FINANCE & ACCOUNTING 60.0 0.0 X 325034 0 22789 GERALD LEWIS EXECUTIVE CHEF 60.0 0.0 X 304987 0 20921 JOSEPH LUDEMAN HEAD GOLF PROFESSIONAL 60.0 0.0 X 274131 0 0 EMMANUEL PALACIOS GOLF PROFESSIONAL 55.0 0.0 X 221321 0 0 MICHEL LIENDO FOOD & BEVERAGE MANAGER 55.0 0.0 X 192159 0 0 NESTOR DELGADO GOLF PROFESSIONAL 55.0 0.0 X 170765 0 0 KATHLEEN PHANG CATERING DIRECTOR 55.0 0.0 X 161439 0 0 CASEY SHOFFIT GOLF PROFESSIONAL 55.0 0.0 X 152552 0 0 HELENE KAPPLER PALMIOTTO TENNIS PROFESSIONAL 55.0 0.0 X 147795 0 0 JUSTIN TOUCHSTONE TENNIS PROFESSIONAL 55.0 0.0 X 140783 0 0 FRANCES LAPOINTE ASST DIR FINANCE & ACCOUNTING 55.0 0.0 X 139768 0 0 JUAN ALVAREZ TENNIS PROFESSIONAL 55.0 0.0 X 130568 0 0 ANDREW NOTTENKAMPER ASST DIR AGRONOMY & BUILDING 55.0 0.0 X 130076 0 0 ABLERTO J ARAZOZA PRESIDENT 5.0 0.0 X X 0 0 0 ALEXANDER P ADAMS PRESIDENT ELECT 5.0 0.0 X X 0 0 0 NATHAN B ZEDER VICE PRESIDENT 5.0 0.0 X X 0 0 0 SHERRILL W HUDSON TREASURER 5.0 0.0 X X 0 0 0 JOSE ORTIZ SECRETARY 5.0 0.0 X X 0 0 0 ROBERT A BAER DIRECTOR 5.0 0.0 X 0 0 0 RALPH BRU DIRECTOR 5.0 0.0 X 0 0 0 LUIS DELGADO DIRECTOR 5.0 0.0 X 0 0 0 JOHN T DOWNEY DIRECTOR 5.0 0.0 X 0 0 0 CHERYL GOLDSTEIN DIRECTOR 5.0 0.0 X 0 0 0 FRANCISCO J GRANDE DIRECTOR 5.0 0.0 X 0 0 0 GEORGE C KAKOURIS DIRECTOR 5.0 0.0 X 0 0 0 WAYNE WITHERS DIRECTOR 5.0 0.0 X 0 0 0 3491768 0 105505 23 false true false FLORIDA VEG INVESTMENTS LLC - MR G 2450 NW 116TH STREET MIAMI FL 33167 FOOD VENDOR 230654 1 15565391 15565391 CAPITAL FUND FEES 713910 5160485 5160485 GOLF ACTIVITIES 713910 2977928 2977928 INITIATION FEES 713910 2699101 2699101 SWIMMING, FITNESS & LOCKER ROOMS 713910 959090 959090 TENNIS ACTIVITIES 713910 620179 620179 30838 30838 12447621 864254 864254 0 0 0 0 0 3393 0 3393 3393 3393 0 0 0 0 0 0 5934415 4270058 1664357 1566760 97597 OTHER REVENUE 713910 507226 507226 507226 31052242 14014381 961851 510619 0 0 0 0 2802778 0 9722467 0 2614515 1016174 0 0 0 0 0 0 47896 809 387902 65008 0 1229205 0 0 0 1233320 0 3607927 611179 GOLF OPERATION 1075511 SOCIAL ACTIVITIES 987009 GOLF COURSE MAINTENANCE 720740 REPAIRS & MAINTENANCE 645772 1600630 28368842 1594567 2204030 0 0 0 0 2159999 2039289 740000 646000 0 0 1139207 1899340 702483 655190 1215843 1217068 66648987 20744060 48167757 45904927 0 0 11625471 14344183 0 0 0 0 2355405 1335066 69700732 70245093 2810231 2492517 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30330331 29910182 33140562 32402699 X 36560170 37842394 0 0 36560170 37842394 69700732 70245093 X 2683400 -1401176 X false true X true false 16495541 16495541 50153446 20744060 29409386 45904927 0 0 LONG TERM DEBT 23901737 WAIT LIST DEPOSITS 3722880 DEFERRED COMPENSATION PLAN PAY 1319189 REFUNDABLE DEPOSITS TO MEMBERS 768000 OTHER CURRENT LIABILITIES 198376 29910182 35322300 4270058 4270058 31052242 31052242 32638900 4270058 4270058 28368842 28368842 SCHEDULE D, PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD $4,270,058 SCHEDULE D, PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD $4,270,058 X X X X X false false false MARK SNURE GENERAL MANAGER 457977 0 10000 0 79393 0 34757 0 0 0 582127 0 0 0 PATRICK SALTER DIRECTOR OF AGRONOMY 351032 0 0 0 101988 0 27038 0 0 0 480058 0 0 0 GERALD LEWIS EXECUTIVE CHEF 277330 0 10000 0 17657 0 20921 0 0 0 325908 0 0 0 DANIEL PELLA DIRECTOR FINANCE & ACCOUNTING 297732 0 10000 0 17302 0 22789 0 0 0 347823 0 0 0 JOSEPH LUDEMAN HEAD GOLF PROFESSIONAL 255405 0 18726 0 0 0 0 0 0 0 274131 0 0 0 EMMANUEL PALACIOS GOLF PROFESSIONAL 221321 0 0 0 0 0 0 0 0 0 221321 0 0 0 NESTOR DELGADO GOLF PROFESSIONAL 165765 0 5000 0 0 0 0 0 0 0 170765 0 0 0 CASEY SHOFFIT GOLF PROFESSIONAL 152552 0 0 0 0 0 0 0 0 0 152552 0 0 0 MICHEL LIENDO FOOD & BEVERAGE MANAGER 182159 0 10000 0 0 0 0 0 0 0 192159 0 0 0 KATHLEEN PHANG CATERING DIRECTOR 134439 0 27000 0 0 0 0 0 0 0 161439 0 0 0 MARK SNURE SEE PART V SEE PART V X 400000 160000 false true true PATRICK SALTER SEE PART V SEE PART V X 540000 486000 false true true 646000 SCHEDULE L, PART II, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: MARK SNURE (B) RELATIONSHIP: GENERAL MANAGER/KEY EMPLOYEE OF THE ORGANIZATION (C) PURPOSE OF LOAN: LOAN PROCEEDS WERE USED TO PURCHASE A HOME IN MIAMI-DADE COUNTY SCHEDULE L, PART II, LINE 2, LOANS TO AND FROM INTERESTED PERSONS: (A) NAME OF PERSON: PATRICK SALTER (B) RELATIONSHIP: DIRECTOR OF AGRONOMY/KEY EMPLOYEE OF THE ORGANIZATION (C) PURPOSE OF LOAN: LOAN PROCEEDS WERE USED TO PURCHASE A HOME IN HOMESTEAD, FLORIDA AREA FORM 990, PART VI, SECTION A, LINE 2: DETAILS FURNISHED UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 6: VARIOUS CLASSES OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B: CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS, STOCKHOLDERS OR OTHER PERSONS. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO THE FORM BEING FILED FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C: BEFORE ANY RELATED PARTY TRANSACTION OCCURS, IT HAS TO BE REVIEWED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15: THE BOARD APPOINTS A HIRING COMMITTEE WHICH ENGAGES AN INDEPENDENT PLACEMENT COMPANY. THE REPRESENTATIVE OF THE PLACEMENT COMPANY PROVIDES THE COMMITTEE WITH COMPARABILITY DATA AND POTENTIAL CANDIDATES. THE HIRING COMMITTEE SELECTS A CANDIDATE BASED ON THE INFORMATION PROVIDED AND THE INTERVIEWS CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: LOSS ON INTEREST RATE SWAP - $ 1,401,176 August 15, 2025 Internal Revenue Service Attn: EO Accounts Unit 1973 N. Rulon White Blvd., Mail Stop 6552 Ogden, UT 84201 RE: PENALTY ABATEMENT REQUEST Taxpayer: Riviera Country Club of Coral Gables, Inc. EIN: 59-0539247 Tax Form: 990 and 990-T Tax Period: September 30, 2024 To Whom it May Concern: We represent Riviera Country Club of Coral Gables, Inc. ("Taxpayer"). Form 990 and 990-T for the year ended September 30, 2024 are being filed by what would have been the extended due date of August 15, 2025. However, an extension was inadvertently not filed by February 15, 2025. For the reasons stated within, Taxpayer respectfully requests abatement of any assessed penalties including failure to file timely and failure to pay. Taxpayer is a 501(c)(7) social club that is organized for the benefit of its members and has been in existence since 1945. Taxpayer's mission is to bind its members together by a common objective directed at pleasure and recreation. A penalty would cause a financial hardship and harm the members it seeks to serve. The Taxpayer's operations would certainly be negatively impacted. Taxpayer has met the reasonable cause standard by demonstrating it exercised ordinary business care and prudence, therefore qualifies for abatement of penalty. Treas. Reg. 301.6652-1(f), Showing of reasonable cause states, "The amount imposed by subsection (a), (b), or (c) of section 6652 shall not apply with respect to a failure to file a statement within the time prescribed if it is established to the satisfaction of the district director or the director of the Internal Revenue Service Center that such failure was due to reasonable cause and not to willful neglect." In addition, IRM 20.1.1.3.2.1 Standards and Authorities cites, "Any reason that establishes a taxpayer exercised ordinary business care and prudence but nevertheless failed to comply with the tax law may be considered for penalty relief." Further, IRM 20.1.1.3.2.2 Ordinary Business Care and Prudence discusses that, "A taxpayer may establish reasonable cause by providing facts and circumstances showing that he or she exercised ordinary business care and prudence (taking that degree of care that a reasonably prudent person would exercise), but nevertheless were unable to comply with the law." The failure to file the September 30, 2024 Forms 990 and 990-T in a timely manner was due to an inadvertent error by the Taxpayer's accountant. Taxpayer has consistently engaged a professional tax preparer to file its required federal returns. Historically, Taxpayer has timely filed Form 8868 to request a 6-month extension and then filed its Forms 990 and 990-T timely within that extension period. Although extensions were not filed for tax period ending September 30, 2024, we are filing the return by what would have been the extended due date. Taxpayer acted in good faith, as well as in a responsible manner relative to Forms 990 and 990-T by filing the return with the IRS as soon it became aware that the return had not been extended. The late filing was not intentional or due to willful neglect, nor was there any deliberate attempt to disregard the rules and regulations of the filing requirement; it was simply an inadvertent error. Further, IRM 20.1.1.2 Purpose of Penalties states, "Penalties exist to encourage voluntary compliance by supporting the standards of behavior required by the Internal Revenue Code. For most taxpayers, voluntary compliance consists of preparing an accurate return, filing it timely, and paying any tax due. Efforts made to fulfill these obligations constitute compliant behavior." Taxpayer made every effort to timely file its return. Taxpayer is historically compliant in its tax obligations, having never been assessed a late penalty and is committed to meeting all tax law requirements. Taxpayer has satisfied the requirement for reasonable cause by confirming it acted in a prudent and reasonable manner and was neither willful nor neglectful. Taxpayer respectfully requests that any penalties assessed by the IRS for the September 30, 2024 Forms 990 and 990-T be abated. I am submitting this on behalf of Taxpayer and I have conveyed the facts stated in this correspondence as told to me including any accompanying documents and to the best of my knowledge and belief they are true, correct and complete. Thank you for your consideration. If you require further information, please contact me at 616-802-3493. Respectfully, Jacob Cook