2025-03-14T15:26:10-05:00 2024-04-30 160929175 DOPKINS & COMPANY LLP 200 INTERNATIONAL DR BUFFALO NY 142215794 990 2023-05-01 160394390 COUNTRY CLUB OF BUFFALO COUN 7166321100 250 N YOUNGS ROAD WILLIAMSVILLE NY 142214197 CYNTHIA VANCE TREASURER 7166321100 2025-03-17 1 0 MICHAEL ORLOWSKI P00956557 7166348800 2025-03-12 2023 2025-03-06 01:10:19Z CYNTHIA VANCE 250 N YOUNGS ROAD WILLIAMSVILLE NY 142214197 11567180 0 X WWW.CCOFBUFFALO.ORG X 1889 NY TO PROVIDE ATHLETIC/SOCIAL FACILITIES TO ITS MEMBERS. 12 12 332 0 140562 121488 0 0 7910021 8079785 24303 54326 -499543 -370215 7434781 7763896 0 0 0 0 2680341 2920567 0 0 0 4250619 4488524 6930960 7409091 503821 354805 17512590 17635540 7715788 7442360 9796802 10193180 TO PROVIDE A CLUB FOR SOCIAL, ATHLETIC & RECREATIVE PURPOSES FOR ITS MEMBERS. 0 0 THE CLUB PROVIDES FACILITIES AND SERVICES TO ITS MEMBERS INCLUDING GOLF COURSE, TENNIS COURTS, TRAP SHOOTING, PADDLE TENNIS AND DINING FACILITIES (# OF MEMBERS=517) 0 0 0 0 0 0 0 0 0 1 1 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 1 45 0 1 332 1 1 1 0 0 0 0 1624852 325091 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X KATHRYN CIPRESSO CFO 7166321100 250 NORTH YOUNGS RD WILLIAMSVILLE NY 14221 ANTHONY J BAYNES DIRECTOR 2.00 X 0 0 0 DR CHEE KIM DIRECTOR 2.00 X 0 0 0 CYNTHIA VANCE TREASURER 2.00 X X 0 0 0 DAVID B BEATON PRESIDENT 2.00 X X 0 0 0 EVAN SMITH DIRECTOR 2.00 X 0 0 0 JEFFREY MUCCIARELLI DIRECTOR 2.00 X 0 0 0 JODI QUATROCHE VICE PRESIDENT 2.00 X 0 0 0 JOHN G BERGER JR DIRECTOR 2.00 X 0 0 0 JOHN L HURLEY JR SECRETARY 2.00 X X 0 0 0 JOHN M MARZO DIRECTOR 2.00 X 0 0 0 MICHAEL M MCFARLANE DIRECTOR 2.00 X 0 0 0 MICHAEL R LAWLEY DIRECTOR 2.00 X 0 0 0 JOSEPH J PIAZZA EXECUTIVE CHIEF 50.00 X 191261 0 27477 NICHOLAS MARKEL GENERAL MANAGER/COO 50.00 X 304408 0 32723 ANTHONY TOSH GROUNDS SUPERINTENDENT 50.00 X 154512 0 14788 JOHN A SUTHERLAND GOLF PROFESSIONAL 50.00 X 144364 0 25095 KATHYRN A CIPRESSO CPA CHIEF FINANCIAL OFFICER 50.00 X 137542 0 23403 RACHEL BLACK ASSISTANT MANAGER 50.00 X 100434 0 20260 1032521 0 143746 6 0 1 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713910 6549804 6549804 GOLF 713910 1137158 1121210 15948 OTHER SPORTS AND RECREATION 713910 392823 392823 8079785 124614 124614 70288 -70288 -70288 -70288 3298713 3732996 -434283 -434283 DEFERRED COMPENSATION INCOME 900099 64068 64068 64068 7763896 7623334 140562 0 X 2330798 94136 217160 278473 11135 20400 25881 51839 35100 172550 1215536 206718 GOLF OPERATIONS 857746 GROUNDS EXPENSE 497881 OTHER SPORTS AND RECREA 381125 HOUSE 238736 773877 7409091 2750 2750 685323 434619 2940175 2919993 204046 207245 275262 258146 29253456 17222000 11947488 12031456 519378 1781331 938168 0 17512590 17635540 723279 921634 2430480 2510803 4437739 3895283 124290 114640 7715788 7442360 X 9796802 10193180 9796802 10193180 17512590 17635540 354805 41573 0 X X 0 1 X 1 0 11301186 6089827 5211359 9136285 4534993 4601292 8527195 6597180 1930015 288790 288790 12031456 INVESTMENTS 1781331 F 1781331 DEFERRED COMPENSATION 114640 114640 X 11608753 41573 3803284 3844857 7763896 0 7763896 11212375 3803284 3803284 7409091 0 7409091 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS EXEMPTED THE CLUB FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE TAX REFORM ACT OF 1969 IMPOSED A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS TAXABLE INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. THE PROVISION FOR APPLICABLE FEDERAL AND STATE INCOME TAXES HAS BEEN MADE IN ACORDANCE WITH THESE STATUTES. IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN FOR INCOME TAX PURPOSES WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE TAX RETURNS FOR YEARS 2021 THROUGH 2024 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR UNITED STATES FEDERAL TAX PURPOSES AND ALSO BY NEW YORK STATE FOR STATE TAX PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD FROM SALES OF INVENTORY 3,732,996. GAIN ON SALE OF FIXED ASSETS 70,288. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD FROM SALES OF INVENTORY 3,732,996. GAIN ON SALE OF FIXED ASSETS 70,288. 1 X X 0 0 0 NICHOLAS MARKEL GENERAL MANAGER/COO 263666 0 39375 0 1367 0 14420 0 18303 0 337131 0 0 0 JOSEPH J PIAZZA EXECUTIVE CHIEF 172708 0 17047 0 1506 0 9482 0 17995 0 218738 0 0 0 JOHN A SUTHERLAND GOLF PROFESSIONAL 130987 0 12206 0 1171 0 7237 0 17858 0 169459 0 0 0 ANTHONY TOSH GROUNDS SUPERINTENDENT 138692 0 15000 0 820 0 7710 0 7078 0 169300 0 0 0 KATHYRN A CIPRESSO CPA CHIEF FINANCIAL OFFICER 122970 0 11971 0 2601 0 6759 0 16644 0 160945 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A SOCIAL CLUB THAT HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS MADE REGARDING LEVELS OF DEBT FINANCING BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED IN DRAFT FORM TO THE GENERAL MANAGER, CFO, PRESIDENT AND TREASURER OF THE CLUB FOR REVIEW. IT IS THEN PRESENTED TO THE BOARD OF GOVERNORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THE COUNTRY CLUB OF BUFFALO'S CONFLICT OF INTEREST POLICY, EACH GOVERNOR AND KEY EMPLOYEE SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE CLUB IS A NOT-FOR-PROFIT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FURTHERMORE, TO ENSURE THAT THE CLUB OPERATES IN A MANNER CONSISTENT WITH ITS NOT-FOR-PROFIT STATUS PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED BY THE PRESIDENT OF THE BOARD OF GOVERNORS. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER ITS TRANSACTIONS OR ARRANGEMENTS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH ORGANIZATIONS CONFORM TO THE CLUB'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES. FORM 990, PART VI, SECTION B, LINE 15 PER ARTICLE X OF THE BYLAWS, AN EVALUATION COMMITTEE COMPRISED OF THE PRESIDENT, TREASURER AND THE IMMEDIATE PAST PRESIDENT IS CHARGED BY THE BOARD OF GOVERNORS WITH THE RESPONSIBILITY TO REVIEW THE PERFORMANCE OF AND DETERMINE THE COMPENSATION OF THE GENERAL MANAGER. THE PURPOSE OF THIS COMMITTEE IS TO: 1. APPROVE THE ANNUAL PERFORMANCE STANDARDS FOR THE GENERAL MANAGER. 2. DETERMINE APPROPRIATE PERFORMANCE MEASURES AND ESTABLISH CRITERIA FOR ANY INCENTIVE BASED COMPENSATION. 3. CONDUCT THE ANNUAL PERFORMANCE APPRAISAL OF THE GENERAL MANAGER. 4. DETERMINE THE TOTAL COMPENSATION PACKAGE OF THE GENERAL MANAGER. THE RESULTS OF THIS REVIEW SHALL BE REPORTED TO THE BOARD OF GOVERNORS. DETERMINING REASONABLE COMPENSATION: BEFORE ANY CHANGE TO THE COMPENSATION OF THE GENERAL MANAGER IS MADE, THE EVALUATION COMMITTEE MUST DETERMINE THAT IT IS REASONABLE AND THAT NO EXCESS BENEFIT TRANSACTIONS HAVE OCCURRED. TO DO THIS, THE EVALUATION COMMITTEE WILL OBTAIN COMPARABLE DATA WITH OTHER CLUBS SIMILAR IN SIZE WITHIN THE BUFFALO NIAGARA REGION AND COMPARABLE REGIONAL MARKETS. THIS COMPARABLE DATA COMES FROM TRADE ASSOCIATION SURVEYS AND DATA FROM EXECUTIVE RECRUITERS BASED UPON SIMILAR CLUB SIZE AND MARKETS. FORM 990, PART VI, SECTION C, LINE 19 THE COUNTRY CLUB OF BUFFALO (THE CLUB) DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E ADMINISTRATIVE & GENERAL 229,991. UTILITIES 204,938. PROPERTY TAXES 164,819. OTHER EXPENSES 137,203. KIDS RECREATION 31,186. LAUNDRY DEPARTMENT 5,740. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.