2025-01-15T21:13:29-06:00 2024-02-29 581433845 FRAZIER & DEETER LLC 1230 PEACHTREE STREET NE SUITE 1500 ATLANTA GA 30309 990 2023-03-01 580659988 CHEROKEE TOWN AND COUNTRY CLUB INC CHER 4043651200 155 WEST PACES FERRY ROAD NW ATLANTA GA 30305 KRAIG GADSBY CFO 4043651200 2025-01-15 1 1 JASON W NELSON P01426650 4042537500 2023 2024-10-15 13:58:12Z KRAIG GADSBY 155 WEST PACES FERRY ROAD NW ATLANTA GA 30305 63230538 0 X WWW.CHEROKEETCC.ORG X 1956 GA CHEROKEE TOWN AND COUNTRY CLUB WILL PROVIDE OUR MEMBERSHIP WITH SUPERIOR SOCIAL AND RECREATIONAL EXPERIENCES THROUGH THE FINEST STAFF PRESENTING THE BEST POSSIBLE SERVICES, AMENITIES, FACILITIES AND ACTIVITIES, CONSISTENT WITH PRUDENT FISCAL MANAGEMENT. CHEROKEE TOWN AND COUNTRY CLUB WILL MAINTAIN A SELECT AND LIMITED MEMBERSHIP OF COMPATIBLE INDIVIDUALS. 13 13 845 120 2980405 589549 0 0 37040407 41551496 804512 108283 12599627 13449891 50444546 55109670 0 0 0 0 24398874 26486971 0 0 0 20468897 21740628 44867771 48227599 5576775 6882071 75173945 78906470 12230753 9081207 62943192 69825263 X CHEROKEE TOWN AND COUNTRY CLUB WILL PROVIDE OUR MEMBERSHIP WITH SUPERIOR SOCIAL AND RECREATIONAL EXPERIENCES THROUGH THE FINEST STAFF PRESENTING THE BEST POSSIBLE SERVICES, AMENITIES, FACILITIES AND ACTIVITIES, CONSISTENT WITH PRUDENT FISCAL MANAGEMENT. CHEROKEE TOWN AND COUNTRY CLUB WILL MAINTAIN A SELECT AND LIMITED MEMBERSHIP OF COMPATIBLE INDIVIDUALS. 0 0 THE CLUB PROVIDES FACILITIES SUCH AS TENNIS COURTS, GOLF COURSES, SWIMMING POOLS AND DINING ROOMS TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 0 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 1 0 0 1 104 0 845 1 1 1 0 0 0 1 1 10613792 3179038 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 GA X CHEROKEE TOWN AND COUNTRY CLUB INC 4043651240 155 WEST PACES FERRY ROAD NW ATLANTA GA 30305 EDWARD HOLMES PRESIDENT 15.00 X X 0 0 0 ROB LARMORE VICE PRESIDENT 15.00 X X 0 0 0 BILL TUCKER SECRETARY 15.00 X X 0 0 0 JOHN HERMAN TREASURER 15.00 X X 0 0 0 CHARLIE CRAWFORD DIRECTOR 10.00 X 0 0 0 SHATUL PARIKH DIRECTOR 10.00 X 0 0 0 BOB BUCK DIRECTOR 10.00 X 0 0 0 ANDY BERG DIRECTOR 10.00 X 0 0 0 RON STEWART DIRECTOR 10.00 X 0 0 0 WENDY THOMPSON DIRECTOR 10.00 X 0 0 0 SONNY COHEN DIRECTOR 10.00 X 0 0 0 STEVE WRAY DIRECTOR 10.00 X 0 0 0 TODD HENNINGSEN DIRECTOR 10.00 X 0 0 0 KEN B LEE DIRECTOR OF GOLF COURSE MA 60.00 X 332908 0 31232 TODD KELLY DIRECTOR OF CULINARY, FOOD 60.00 X 319377 0 38787 JOSHUA L AARONSON DIRECTOR OF TOWN CLUB OPER 60.00 X 230688 0 20148 ROLAND R TEKENBROEK TENNIS PROFESSIONAL 60.00 X 220993 0 31846 BEN G MCWILLIAMS COUNTRY CLUB MANAGER 60.00 X 172987 0 11366 PETER S JONES GOLF PROFESSIONAL 60.00 X 155438 0 9813 KRAIG GADSBY CHIEF FINANCIAL OFFICER 60.00 X 296227 0 18985 ANTHONY J CORDES GOLF PROFESSIONAL 60.00 X 158088 0 24340 REGIE G PACOL MASSAGE THERAPIST 60.00 X 158704 0 28224 NIX N DUNCAN GOLF PROFESSIONAL 60.00 X 164130 0 12576 JENELL L WILLIAMS CONTROLLER 60.00 X 161096 0 15923 MILOS VASOVIC DIRECTOR OF RACQUETS 60.00 X 238813 0 22425 MICHAEL S WHEELER CHIEF OPERATING OFFICER 60.00 X 586888 0 103123 MARK A MONGELL DIRECTOR OF GOLF 60.00 X 351008 0 31870 JOE M DAVIS DIRECTOR OF FACILITIES AND PROJECT MGMT 60.00 X 178071 0 20802 DAVE A RAST DIRECTOR OF HUMAN RESOURCES 60.00 X 150250 0 3908 3875666 0 425368 16 0 1 0 0 MEMBERSHIP FEES 713910 20709488 20709488 GOLF REVENUE 713910 7093260 6141310 951950 TENNIS REVENUE 713910 1392895 1360207 32688 FITNESS REVENUE 713910 1034104 1034104 LOCKER ROOM REVENUE 713910 553348 553348 10768401 10768401 41551496 601613 601613 11800 0 11800 11800 11800 162895 77450 0 733675 162895 -656225 -493330 -656225 162895 16740326 7387193 9353133 8133674 1219459 OTHER INCOME 713910 4084958 4084958 4084958 55109670 52129265 2980405 0 X 4356034 17919738 558415 2000465 1652319 52924 84558 30 1336118 18653 7344659 421913 GOLF EXPENSE 1844391 UTILITIES 1176938 REPAIRS AND MAINTENANCE 1082676 ADMINISTRATIVE EXPENSE 1057858 7319910 48227599 11062231 9608099 5972718 4809386 2466477 2822892 1573065 1987886 138344855 95047248 43874016 43297607 10137518 16250749 87920 129851 75173945 78906470 5884919 6226245 2569167 2854962 3776667 0 12230753 9081207 X 62943192 69825263 62943192 69825263 75173945 78906470 6882071 0 X X 0 1 X 1 0 11553650 11553650 68107934 53905890 14202044 14772734 11706764 3065970 21818158 15326873 6491285 22092379 14107721 7984658 43297607 DEPOSITS 96885 C BANK OF AMERICA BROKERAGE ACCOUNT 16153864 F 16250749 62496863 7387193 7387193 55109670 0 55109670 55614792 7387193 7387193 48227599 0 48227599 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,387,193. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,387,193. X X X X X X 0 1 0 MICHAEL S WHEELER CHIEF OPERATING OFFICER 456956 0 116197 0 13735 0 85757 0 17366 0 690011 0 0 0 MARK A MONGELL DIRECTOR OF GOLF 286766 0 63492 0 750 0 19668 0 12202 0 382878 0 0 0 KEN B LEE DIRECTOR OF GOLF COURSE MA 273920 0 44650 0 14338 0 14331 0 16901 0 364140 0 0 0 TODD KELLY DIRECTOR OF CULINARY, FOOD 273301 0 46076 0 0 0 19660 0 19127 0 358164 0 0 0 KRAIG GADSBY CHIEF FINANCIAL OFFICER 256719 0 39508 0 0 0 18123 0 862 0 315212 0 0 0 MILOS VASOVIC DIRECTOR OF RACQUETS 213200 0 25613 0 0 0 9594 0 12831 0 261238 0 0 0 ROLAND R TEKENBROEK TENNIS PROFESSIONAL 69861 0 6678 0 144454 0 13327 0 18519 0 252839 0 0 0 JOSHUA L AARONSON DIRECTOR OF TOWN CLUB OPER 198938 0 31750 0 0 0 14112 0 6036 0 250836 0 0 0 JOE M DAVIS DIRECTOR OF FACILITIES AND PROJECT M 170000 0 700 0 7371 0 1974 0 18828 0 198873 0 0 0 REGIE G PACOL MASSAGE THERAPIST 21260 0 1800 0 135644 0 9850 0 18374 0 186928 0 0 0 BEN G MCWILLIAMS COUNTRY CLUB MANAGER 152250 0 20737 0 0 0 4993 0 6373 0 184353 0 0 0 ANTHONY J CORDES GOLF PROFESSIONAL 53239 0 3546 0 101303 0 6383 0 17957 0 182428 0 0 0 JENELL L WILLIAMS CONTROLLER 155556 0 4290 0 1250 0 9795 0 6128 0 177019 0 0 0 NIX N DUNCAN GOLF PROFESSIONAL 49329 0 3441 0 111360 0 6869 0 5707 0 176706 0 0 0 PETER S JONES GOLF PROFESSIONAL 53136 0 4114 0 98188 0 9571 0 242 0 165251 0 0 0 DAVE A RAST DIRECTOR OF HUMAN RESOURCES 150000 0 250 0 0 0 3295 0 613 0 154158 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE TWO MAJOR CLASSES OF MEMBERS, GENERAL FULL-VOTING MEMBERS AND NON-VOTING MEMBERS. GENERAL FULL-VOTING MEMBERS ARE THE MEMBERS THAT PAY 100% OF THE DUES AND LEVEL SERVICE FEE FOR GENERAL MEMBERS. THESE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY AND ALSO APPROVE SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY. EXAMPLES OF THESE SIGNIFICANT DECISIONS COULD INCLUDE THE APPROVAL OF ASSESSMENTS AND APPROVAL OF RAISING DUES IN A GIVEN YEAR. THE NON-VOTING MEMBER CLASS INCLUDES THE REMAINING MEMBERS WHO DO NOT HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY OR APPROVE ANY SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A IN CASE OF A VACANCY IN THE OFFICE OF PRESIDENT, VICE-PRESIDENT, SECRETARY, OR TREASURER, OR IN THE POSITION OF A DIRECTOR, THE GOVERNING BOARD SHALL FILL SUCH VACANCY BY APPOINTMENT. THE APPOINTMENT SHALL BE FOR THE PERIOD OF TIME REMAINING UNTIL THE NEXT ANNUAL MEETING OF THE CLUB, AT WHICH TIME ANY DIRECTOR'S POSITION FOR WHICH AN UNEXPIRED TERM REMAINS SHALL BE FILLED BY ELECTION. FORM 990, PART VI, SECTION A, LINE 7B THE GENERAL FULL-VOTING MEMBERS HAVE THE RIGHT TO RATIFY SIGNIFICANT DECISIONS MADE BY THE BOARD MEMBERS. EXAMPLES OF THESE SIGNIFICANT DECISIONS COULD INCLUDE THE APPROVAL OF ASSESSMENTS AND APPROVAL OF RAISING DUES IN A GIVEN YEAR. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, FRAZIER & DEETER, LLC, THE FORM IS FIRST REVIEWED BY THE CFO FOR ACCURACY. THE FORM IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS AND THEN SIGNED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A REPORT GIVEN ANNUALLY OF ALL PURCHASE TRANSACTIONS TO ALL MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN ANNUAL PERFORMANCE REVIEW OF ALL MANAGEMENT. IF THERE IS AN INCREASE IN THE ANNUAL PERFORMANCE REVIEW THEN THERE IS A STANDARD COMPENSATION INCREASE FOR ALL MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST AND CAN BE REVIEWED AT THE CLUB. FORM 990, PART IX, LINE 24E LANDSCAPING 872,224. FITNESS CENTER EXPENSE 733,021. TENNIS EXPENSE 698,571. PROPERTY TAXES 662,881. CLUB EVENTS 538,403. EMPLOYEE MEALS 450,668. POOL EXPENSE 400,887. UNIFORMS AND LAUNDRY 393,667. SECURITY 368,018. TOURNAMENT EXPENSE 306,881. COMMITTEE EXPENSE 302,405. TAXES AND LICENSES 220,402. MISCELLANEOUS 214,847. TRAINING 209,824. TRASH REMOVAL 158,602. CONSULTANTS 150,650. FLOWERS AND DECORATIONS 139,216. CHINA, GLASS, AND SILVER 114,034. FUEL 111,897. ENTERTAINMENT 67,550. VEHICLE EXPENSE 51,549. CHILDCARE EXPENSE 46,419. PRINTING AND PUBLICATIONS 44,530. BANK CHARGES 40,747. BAD DEBT EXPENSE 22,017. FORM 990, PART XII, LINE 2C, COMMITTEE FOR THE OVERSIGHT OF THE AUDIT: THE ORGANIZATION HAS IN PLACE A FINANCE COMMITTEE COMPRISED OF INDEPENDENT DIRECTORS AND THE EXECUTIVE VICE PRESIDENT & CHIEF ADMINISTRATIVE OFFICER/CFO. THIS COMMITTEE OVERSEES THE ANNUAL AUDIT OF THE FINANCIAL STATEMENTS AND ANNUALLY ENGAGES AN INDEPENDENT AUDITOR. THE INDEPENDENT AUDITOR REPORTS DIRECTLY TO THE FINANCE COMMITTEE, AND THE FINANCE COMMITTEE REPORTS DIRECTLY TO THE BOARD OF DIRECTORS. CHEROKEE ART ENDOWMENT CORPORATION 155 WEST PACES FERRY ROAD NW ATLANTA GA 30305 270238981 TO CONSERVE & DISPLAY WORKS & OBJECTS OF ART & HISTORICAL SIGNIFICANCE. GA 501(C)(3) 170(B)(1)(A) (VI)&50 N/A 0 THE CHEROKEE EMPLOYEE SCHOLARSHIP FOUNDATION INC 155 WEST PACES FERRY ROAD NW ATLANTA GA 30305 823549986 TO PROVIDE FINANCIAL SUPPORT TO EMPLOYEES OR FAMILY FOR HIGHER EDUCATION. GA 501(C)(3) 170(B)(1)(A) (VI)&50 N/A 0 THE CHEROKEE CADDY SCHOLARSHIP FOUNDATION INC 155 WEST PACES FERRY ROAD NW ATLANTA GA 30305 582489470 TO PROVIDE FINANCIAL SUPPORT TO CADDIES FOR HIGHER EDUCATION. GA 501(C)(3) 170(B)(1)(A) (VI)&50 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0