2025-11-13T13:58:30-06:00 2024-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2024-01-01 221054120 LAKE MOHAWK COUNTRY CLUB LAKE 9737296156 21 THE BOARDWALK SPARTA NJ 07871 BRUCE YOUNG GENERAL MANAGER 9737296156 2025-11-06 1 0 P02451559 9733281825 2025-11-05 2024 2025-03-06 01:10:19Z BRUCE YOUNG 21 THE BOARDWALK SPARTA NJ 07871 15765340 0 X WWW.LAKEMOHAWKCC.COM X 1927 NJ THE CLUB IS RESPONSIBLE FOR OPERATION AND MAINTENANCE OF THE COMMON PROPERTY WITHIN THE DEVELOPMENT. THE DEVELOPMENT CONSISTS OF APPROXIMATELY 2,730 RESIDENTIAL UNITS. 10 9 237 50 2082201 0 4824078 5175606 5577006 5324725 95865 169214 702575 568683 11199524 11238228 0 0 0 0 3210173 3661666 0 0 0 5843599 5053092 9053772 8714758 2145752 2523470 6712474 8574999 2706911 1927134 4005563 6647865 X PROGRAM SERVICE ACTIVITES - TO SERVICE 2,730 FAMILY UNITS LAKE MAINTENANCE, PATROL SERVICES, RECREATION, ROAD MAINTENANCE SNOW REMOVAL, ENTERTAINMENT, MARINE SERVICES. 0 0 5174641 3811207 MAINTENANCE AND MANAGEMENT OF COMMUNITY PROPERTY AND FACILITIES. 1414898 BANQUET HALL RENTAL AND OPERATION. 859600 RESTAURANT OPERATED FOR ASSOCIATION MEMBERS. 124845 PAPOOSE PUBLICATION 393266 POOL FACILITIES 518111 7967250 0 0 0 1 0 0 0 0 0 1 0 0 0 1 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 0 0 1 74 0 1 237 1 1 1 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X BRUCE YOUNG 9737296156 21 THE BOARDWALK SPARTA NJ 07871 VICTORIA GERMANO PRESIDENT 2.00 X X 0 0 0 AMANDA BEELITZ VICE PRESIDENT 2.00 X X 0 0 0 BOB PAGANO TREASURER 2.00 X X 0 0 0 PETE REALMONTE TRUSTEE 2.00 X 0 0 0 JUSTIN WILLIAMS TRUSTEE 2.00 X 0 0 0 DOUG VANCE TRUSTEE 2.00 X 0 0 0 MICHELLE DUVALL TRUSTEE 2.00 X 0 0 0 STEVE GILES TRUSTEE 2.00 X 0 0 0 JOHN HADLEY TRUSTEE 2.00 X 0 0 0 BRUCE YOUNG GENERAL MANAGER 40.00 X 132581 0 11445 SABINE WATSON ENGINEER 40.00 X 154788 0 11858 KATHLEEN WEINBERG CONTROLLER 40.00 X 158129 0 14583 GENEVIEVE HARGRAVE DIRECTOR OF CATERING 40.00 X 103919 0 1605 JOHN NOTARO BUILDING AND GROUNDS SUPERVISOR 40.00 X 112081 0 3665 661498 0 43156 5 0 1 0 KENNEDY'S CMK LLP 120 MOUNTAINVIEW BLVD PO BOX 650 BASKINGING RIDGE NJ 07920 LEGAL SERVICES 181180 NISIVOCCIA LLP 200 VALLEY RD 300 MT ARLINGTON NJ 07856 ACCOUNTING SERVICES 109250 2 5175606 5175606 SPECIAL ASSESSEMENTS 900099 1854330 1854330 BANQUET INCOME 722320 1523443 1523443 RESTAURANT INCOME 721110 711095 711095 REGISTRATION FEES 900099 505860 505860 POOL INCOME 713910 415573 415573 314424 171239 143185 5324725 171607 171607 4524719 4527112 -2393 -2393 -2393 OTHER FEES 900099 304139 304139 OTHER INCOME 900099 132826 132826 INTEREST,LATE, & LEGAL FEES 900099 131718 131718 568683 11238228 3811207 2082201 169214 704654 598956 105698 2606280 2215339 390941 26175 22249 3926 48952 41609 7343 275605 234264 41341 206754 101309 105445 74588 36548 38040 107400 52626 54774 62881 62881 485966 485966 16720 16720 82412 82412 652793 652793 RESERVE FUND EXPENSES 1215402 1215402 COST OF SALES - FOOD AN 644820 644820 ADMINISTRATIVE FEES 507259 507259 ROADS EXPENSE 212609 212609 783488 783488 8714758 7967250 747508 0 3201431 5830008 81500 0 606203 477206 57622 68657 81883 140418 2463101 763518 1618022 1699583 1065813 359127 6712474 8574999 444063 312802 873967 690841 52547 0 1336334 923491 2706911 1927134 X 755305 1633148 3250258 5014717 4005563 6647865 6712474 8574999 2523470 17571 101261 0 X X 0 1 X 1 0 1 1 0 319571 319571 1465625 405776 1059849 511558 272244 239314 166347 85498 80849 1699583 PAYROLL AND SALES TAX PAYABLE 5734 OTHER LIABILITIES 28669 BANQUET DEPOSITS 151439 DEFERRED POOL ASSESSEMENT 113741 DEFERRED ROAD REIMBURSEMENT 623908 923491 X 11255799 17571 17571 11238228 0 11238228 8714758 0 8714758 0 8714758 PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE SERVICE. THE CLUB IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY, CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CLUB FOLLOWS THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. HOWEVER, THE CLUB IS SUBJECT TO AUDIT BY TAX AUTHORITIES, INCLUDING A REVIEW OF ITS NONPROFIT STATUS WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE CLUB BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. AS REQUIRED BY LAW, THE CLUB FILES FORM 990 AND FORM 990-T WITH THE INTERNAL REVENUE SERVICE ON AN ANNUAL BASIS. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THIS AUTHORITY WITHIN CERTAIN STATUTORILY DEFINED PERIODS FROM THE LATEST FILING DATE FOR FEDERAL AND THE STATE OF NEW JERSEY. X X 0 0 0 0 0 0 0 0 0 KATHLEEN WEINBERG CONTROLLER 158129 0 0 0 0 0 4158 0 10425 0 172712 0 0 0 SABINE WATSON ENGINEER 154788 0 0 0 0 0 4893 0 6965 0 166646 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LAKE MOHAWK COUNTRY CLUB HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C LAKE MOHAWK COUNTRY CLUB CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 LAKE MOHAWK COUNTRY CLUB MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 21 THE BOARDWALK, SPARTA, NJ 07871. IN ADDITION, FORM 1024 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 21 THE BOARDWALK, SPARTA, NJ 07871. FORM 990, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.