2025-02-18T09:42:49-06:00 2024-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-04-01 510042264 REHOBOTH BEACH COUNTRY CLUB REHO 3022273811 221 WEST SIDE DRIVE REHOBOTH BEACH DE 19971 CARPIU CHERECHES GENERAL MANAGER/COO 3022273811 2025-02-18 1 1 KERRI RAWCLIFFE P01398485 4016216200 2025-02-18 2023 2025-03-06 01:10:19Z CARPIU CHERECHES 221 WEST SIDE DRIVE REHOBOTH BEACH DE 19971 15758363 0 X WWW.REHOBOTHBEACHCC.COM X 1925 DE SOCIAL CLUB ORGANIZED FOR THE PLEASURE AND RECREATION OF THE CLUB MEMBERS. 13 13 281 78 466468 103874 0 0 8956046 9732047 25217 145657 -262648 -47305 8718615 9830399 0 0 0 0 3626009 4048026 0 0 0 4228388 4922290 7854397 8970316 864218 860083 25589155 24339126 12937216 10676117 12651939 13663009 SOCIAL CLUB ORGANIZED FOR THE PLEASURE AND RECREATION OF THE CLUB MEMBERS. 0 0 SOCIAL CLUB ORGANIZED FOR THE PLEASURE AND RECREATION OF THE CLUB MEMBERS. 0 0 0 0 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 1 0 0 0 0 0 0 0 0 0 0 1 38 0 1 281 1 1 1 0 0 0 1 0 1571071 2088299 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 1 1 1 0 0 X HEATHER FEATHER CONTROLLER 3022273811 221 WEST SIDE DRIVE REHOBOTH BEACH DE 19971 X SHARON COVINGTON PRESIDENT 6.00 X X 0 0 0 ED BROWNE SECRETARY 6.00 X X 0 0 0 ANDREW METZ GOVERNOR 6.00 X 0 0 0 BUCK BOOTH GOVERNOR 6.00 X 0 0 0 DAN COAR GOVERNOR 6.00 X 0 0 0 DAN LUCKENBAUGH GOVERNOR 6.00 X 0 0 0 GERRY DESMOND GOVERNOR 6.00 X 0 0 0 JIMMY HORTY GOVERNOR 6.00 X 0 0 0 JOE KIRCHNER GOVERNOR 6.00 X 0 0 0 JOHN CARUSO GOVERNOR 6.00 X 0 0 0 JOHN MCCOOEY GOVERNOR 6.00 X 0 0 0 KAREN SCHNEIDERMAN GOVERNOR 6.00 X 0 0 0 MIKE MCGUINESS GOVERNOR 6.00 X 0 0 0 CARPIU CHERECHES GENERAL MANAGER/COO 40.00 X 308959 0 13750 GERALD SCHRECK DIRECTOR OF FOOD & BEVERAGE 40.00 X 203631 0 12028 SPASKA IVANOV ASSISTANT GENERAL MANAGER 40.00 X 200336 0 11565 NANCY DESCANO DIRECTOR OF FINANCE 40.00 X 182078 0 5857 PATRICK MASTRIAN DIRECTOR OF GOLF 40.00 X 178119 0 10616 TERRI GASKILL RACQUETS DIRECTOR 40.00 X 176538 0 11159 RACHEL RIDGEWAY HR & PAYROLL DIRECTOR 40.00 X 124640 0 13210 BETHANY ACKERMAN MEMBERSHIP & COMMUNICATIONS DIRECTOR 40.00 X 120786 0 9696 CHRISTOPHER GRAY HEAD TEACHING PROFESSIONAL 40.00 X 109739 0 5977 1604826 0 93858 9 0 1 0 PRECISION MARINE 202 WOODBRIDGE HILLS REHOBOTH BEACH DE 19971 BULKHEAD REPAIR 280230 1 MEMBERSHIP DUES AND APPLICATION F 713910 6114832 6114832 GOLF REVENUE 713910 1575760 1355173 220587 INITIATION FEE 713910 1571071 1571071 TENNIS REVENUE 713910 133022 133022 HOUSE CHARGES 713910 110590 110590 226772 226772 9732047 111657 111657 34000 0 34000 34000 34000 4820960 5927964 -1107004 -1241228 134224 CAPITAL AND SPECIAL ASSESSMENTS 713910 926115 926115 MISCELLANEOUS REVENUE 713910 133584 133584 1059699 9830399 9329931 466468 34000 X 1298858 2034950 61770 652448 26971 33300 122021 12397 41249 78839 225416 188868 857806 316924 GAS & CHEMICALS 484670 PRO SHOP COGS 455329 COMMISSIONS 398386 EQUIPMENT & SERVICE CON 224969 1455145 8970316 633930 3808579 3907522 1103429 337735 402947 465396 510801 529525 30890428 12694088 18243526 18196340 787000 1001551 25589155 24339126 792876 961184 1495687 832026 10489715 8606658 158938 276249 12937216 10676117 X 12651939 13663009 12651939 13663009 25589155 24339126 860083 158597 -7610 0 X X 0 1 X 1 0 341618 341618 25679233 10250736 15428497 4564166 2443352 2120814 305411 305411 18196340 DEPOSITS-NON-MEMBERS 202714 OPERATING LEASE - RIGHT OF USE LIABILITY 73535 276249 X 15931604 158597 5942608 6101205 9830399 0 9830399 14898280 5927964 5927964 8970316 0 8970316 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 FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31,2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,927,964. CHANGE IN MEMBER CERTIFICATES 14,644. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,927,964. X 0 0 X X 0 0 0 CARPIU CHERECHES GENERAL MANAGER/COO 258959 0 50000 0 0 0 0 0 13750 0 322709 0 0 0 GERALD SCHRECK DIRECTOR OF FOOD & BEVERAGE 172431 0 31200 0 0 0 0 0 12028 0 215659 0 0 0 SPASKA IVANOV ASSISTANT GENERAL MANAGER 151136 0 49200 0 0 0 0 0 11565 0 211901 0 0 0 PATRICK MASTRIAN DIRECTOR OF GOLF 140197 0 37922 0 0 0 0 0 10616 0 188735 0 0 0 NANCY DESCANO DIRECTOR OF FINANCE 130378 0 51700 0 0 0 0 0 5857 0 187935 0 0 0 TERRI GASKILL RACQUETS DIRECTOR 80193 0 96345 0 0 0 0 0 11159 0 187697 0 0 0 GERRY DESMOND CURRENT BOARD MEMBER 58669 TRASH REMOVAL SERVICES 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS/STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 7A STOCKHOLDERS ELECT THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7B ALL MAJOR ASSET ACQUISITIONS OR DEBTS INCURRED BY THE CLUB MUST HAVE STOCKHOLDER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS AND PRESENTS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE GENERAL MANAGER'S SALARY IS DETERMINED BY THE CLUB BENCHMARKING DATA. FORM 990, PART VI, SECTION C, LINE 19 CLUB DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E GOLF EXPENSE 192,062. REPAIRS & MAINTENACE 165,781. MISCELLANEOUS EXPENSE 161,408. HIRING FEES 160,566. LEASED EQUIPMENT 158,703. SUPPLIES 105,026. TRAVEL & EDUCATION 92,994. UNIFORMS & LAUNDRY 85,303. BANK AND CREDIT CARD FEES 83,963. ORNAMENTAL 61,182. DUES & SUBSCRIPTIONS 48,933. MEMBER EXPENSE 45,070. WASTE REMOVAL 27,084. FITNESS AND MASSAGE 25,924. BOARD & COMMITTEE 13,929. SAILING CAMP 11,370. AMORTIZATION 9,847. TAX PROVISION 6,000. PART XII, LINE 2C THE ORGANIZATION'S BOARD OF GOVERNORS HAS DIRECT OVERSIGHT AND RESPONSILBILITY FOR THE SELECTION OF ITS OUTSIDE CPA, AS WELL AS ITS ANNUAL FINANCIAL STATEMENT AUDIT.