2025-08-13T06:53:32-05:00 2024-09-30 540737372 PBMARES LLP 3957 WESTERRE PARKWAY SUITE 220 RICHMOND VA 23233 990 2023-10-01 540756598 SALISBURY COUNTRY CLUB LTD SALI 8047946841 13620 SALISBURY ROAD MIDLOTHIAN VA 23113 EVAN SHERWOOD GENERAL MANAGER 8047946841 2025-08-08 1 1 EDWARD T YODER CPA P00239134 8043230022 2025-08-08 X 2023 2025-03-06 01:10:19Z EVAN SHERWOOD 13620 W SALISBURY ROAD MIDLOTHIAN VA 23113 12712745 0 X WWW.SALISBURYCOUNTRYCLUB.COM X 1963 VA MEMBERSHIP AT A COUNTRY CLUB WITH GOLF, TENNIS, POOL, FITNESS AND CLUBHOUSE FACILITIES. 9 9 368 70 224966 131316 0 0 7683404 9658231 -32014 83640 2399391 1012523 10050781 10754394 0 0 0 0 4858285 5182510 0 0 0 3480148 3465819 8338433 8648329 1712348 2106065 15715651 18738861 2791317 3695803 12924334 15043058 THE PURPOSE AND OBJECTIVE OF THE CLUB IS TO OPERATE AS A PRIVATE SOCIAL CLUB FOR THE RECREATIONAL AND SOCIAL BENEFIT OF ITS MEMBERS. 0 0 DINING ROOM & CLUBHOUSE FACILITIES; OPEN TO MEMBERS AND THEIR GUESTS FOR FOOD, BEVERAGE AND SOCIAL ACTIVITIES GOLF COURSE AND RELATED FACILITIES; TWENTY-SEVEN HOLE GOLF COURSE AND RELATED FACILITIES OPEN TO MEMBERS AND THEIR GUESTS. TENNIS FACILITIES; INDOOR AND OUTDOOR TENNIS COURTS - OPEN TO MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 1 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 12 0 1 368 1 1 1 0 0 0 1 1 1716219 182700 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X ELIZABETH ACCASHIAN 8047946841 13620 SALISBURY ROAD MIDLOTHIAN VA 23113 JEN BURNS PRESIDENT 2.00 X X 0 0 0 CINDY BIRSINGER TREASURER 2.00 X X 0 0 0 G SHRESTHA VICE PRESIDENT 2.00 X X 0 0 0 STEPHEN MARSHALL SECRETARY/DIRECTOR 2.00 X X 0 0 0 MATT HARRELL DIRECTOR 1.00 X 0 0 0 LAUREN CECIL DIRECTOR 1.00 X 0 0 0 KAREN FRANKS DIRECTOR 1.00 X 0 0 0 MIKE MOORE DIRECTOR 1.00 X 0 0 0 NAN MCGOFF DIRECTOR 1.00 X 0 0 0 EVAN SHERWOOD GENERAL MANAGER & SECRETAR 40.00 X 232523 0 29933 MIKE HOTT GOLF PROFESSIONAL 40.00 X 175361 0 41494 JAMES NICK GOLF COURSE SUPERINTENDENT 40.00 X 163309 0 37342 DANIEL JORDAN CLUBHOUSE MANAGER 40.00 X 124511 0 36126 CHRISTOPHER STEMMLE EXECUTIVE CHEF 40.00 X 123140 0 18824 818844 0 163719 5 0 1 0 0 MEMBERSHIP DUES 713910 8734890 8734890 OTHER 713910 331104 331104 GOLF CART RENTAL 713910 306098 306098 GREEN FEES 713910 169429 169429 PRO SHOP MISC 713910 58913 58913 57797 57797 9658231 140698 140698 57058 -57058 -57058 -57058 2913816 1901293 1012523 928255 84268 10754394 10529428 224966 0 366662 4027134 129173 267832 391709 8221 17378 98018 204936 6153 83087 942409 162651 REPAIRS & MAINTENENCE 1072599 SUPPLIES 320617 MISCELLANEOUS 125544 EQUIPMENT RENTAL 109208 314998 8648329 2806277 4574739 590357 836439 511368 322461 33507 57288 24826412 13358460 11740794 11467952 33348 1479982 15715651 18738861 408439 557755 562210 754209 1639824 2104994 180844 278845 2791317 3695803 X 12924334 15043058 12924334 15043058 15715651 18738861 X 2106065 12659 X X 1 X 0 1 0 356648 356648 6628328 3515536 3112792 3277446 1609827 1667619 14563990 8233097 6330893 11467952 RIGHT OF USE ASSETS 1295616 CONSTRUCTION IN PROGRESS 184366 1479982 CAPITAL LEASES 278845 278845 X 12655687 1901293 1901293 10754394 0 10754394 10571613 1923284 1923284 8648329 0 8648329 PART X, LINE 2: THE NORMAL OPERATIONS OF THE CLUB ARE EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). THE CLUB IS TAXED ON ANY UNRELATED BUSINESS INCOME AS DEFINED BY THE INTERNAL REVENUE CODE AND APPLICABLE REGULATIONS, REVENUE PROCEDURES, AND COURT DECISIONS. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE CLUB'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED. THE CLUB INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, IN ADMINISTRATIVE AND GENERAL EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS 1,901,293. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 1,901,293. BAD DEBT 21,991. X 0 0 0 EVAN SHERWOOD GENERAL MANAGER & SECRETAR 201923 0 30600 0 0 0 29435 0 498 0 262456 0 0 0 MIKE HOTT GOLF PROFESSIONAL 159867 0 850 0 14644 0 31276 0 10218 0 216855 0 0 0 JAMES NICK GOLF COURSE SUPERINTENDENT 142154 0 8050 0 13105 0 32976 0 4366 0 200651 0 0 0 DANIEL JORDAN CLUBHOUSE MANAGER 117123 0 850 0 6538 0 31670 0 4456 0 160637 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS WHO USE THE FACILITIES FOR GOLF, TENNIS, POOL, FITNESS AND CLUBHOUSE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CLUB ELECT THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CLUB ELECT MEMBERS TO THE BOARD AND ALSO HAVE THE RIGHT TO REMOVE MEMBERS OF THE BOARD BY MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT, TREASURER, AND GENERAL MANAGER PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE, MAILINGS AND PER REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ISSUANCE OF STOCK 34,650. BAD DEBT -21,991. FORM 990 PART XII LINE 2C THE BOARD OF DIRECTORS SELECTS THE ACCOUNTING FIRM AND OVERSEES THE ANNUAL REVIEW OF THE FINANCIAL STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.