2026-03-16T15:40:06-05:00 2025-04-30 420941961 KING REINSCH PROSSER & CO LLP 522 4TH STREET SUITE 200 SIOUX CITY IA 51101 990 2024-05-01 420527395 SIOUX CITY COUNTRY CLUB SIOU 7122773821 4001 JACKSON ST SIOUX CITY IA 51104 CASEY MILLS PRESIDENT 7122773821 2026-03-16 1 1 MICHAEL H PROSSER P00085575 7122585550 2026-03-16 2024 2025-03-06 01:10:19Z CASEY MILLS 4001 JACKSON ST SIOUX CITY IA 51104 3478240 0 X SCCOUNTRYCLUB.COM X 1908 IA PRIVATE SOCIAL CLUB 5 5 144 5 90616 0 0 0 2225193 2217401 3908 4147 -7395 25646 2221706 2247194 0 0 0 0 1057282 1183547 0 0 0 1054665 1123001 2111947 2306548 109759 -59354 2890311 2566340 3854032 3829571 -963721 -1263231 X TO PROVIDE MEMBERS, THEIR FAMILIES AND GUESTS, A PRIVATE COUNTRY CLUB ENVIRONMENT THROUGH GOLF FACILITIES, DINING, RECREATIONAL, AND SOCIAL ACTIVITIES. 0 0 DINING ROOM AND BAR FACILITIES FOR CLUB MEMBERS AND THEIR GUESTS, AND VARIOUS NON-MEMBER GROUPS WHO DESIRE TO USE THESE FACILITIES FOR SOCIAL OR BUSINESS FUNCTIONS. 18-HOLE GOLF COURSE FOR THE EXCLUSIVE USE OF CLUB MEMBERS AND THEIR GUESTS. CERTAIN SPECIAL EVENTS ARE OPEN TO NON-MEMBERS ON AN INVITATIONAL BASIS. GOLF SHOP TO SUPPLY ITS MEMBERS WITH A CONVENIENT PLACE TO PURCHASE GOLF SUPPLIES. GOLF CARS AND LOCKERS ARE RENTED. SWIMMING POOL, TENNIS COURTS, AND HEALTH SPA FOR THE EXCLUSIVE USE OF ITS MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 19 0 1 144 0 1 1 0 0 0 0 2625 372686 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROB WEEKES 7122773821 4001 JACKSON ST SIOUX CITY IA 51104 GARRETT SMITH DIRECTOR 1.00 X 0 0 0 JOHN PERSINGER VICE PRESIDENT 1.00 X X 0 0 0 SUZAN STEWART DIRECTOR 1.00 X 0 0 0 JOE KNOEPFLER DIRECTOR 1.00 X 0 0 0 CASEY MILLS PRESIDENT 3.00 X X 0 0 0 MICHELLE JAHN CHIEF FINANCIAL OFFICER 40.00 X 80233 0 6755 DEDRA RIPPEE PAST GENERAL MANAGER 40.00 X 118935 0 18193 ROB WEEKES CURRENT GENERAL MANAGER 40.00 X 0 0 0 199168 0 24948 1 0 0 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713910 1412522 1412522 SPECIAL ASSESSMENTS 713910 554632 554632 RENTALS - CARTS, ETC. 713910 112419 75923 36496 GREEN FEES 713910 73398 22384 51014 GOLF CLUB STORAGE 713910 48635 48635 15795 15795 2217401 4147 4147 1231015 1231046 -31 1010 -1041 FINANCE CHARGES 713910 18761 18761 ADMINISTRATIVE FEE 713910 2616 2616 4300 4300 25677 2247194 2156578 90616 0 X 224116 794501 10979 55517 98434 16435 7687 253911 PERMITS AND INSURANCE 163977 UTILITIES 123040 EQUIPMENT RENTAL AND MA 101776 SUPPLIES 98080 358095 2306548 124502 294913 272032 112195 315712 269512 192620 161863 25893 33393 11370498 9676034 1959552 1694464 2890311 2566340 385634 375926 68398 53645 3400000 3400000 3854032 3829571 X 3300 3100 807940 807940 -1774961 -2074271 -963721 -1263231 2890311 2566340 X -59354 -240156 X X 1 X 0 0 0 275454 275454 7955744 6877438 1078306 3139300 2798596 340704 1694464 FINANCE OBLIGATION 3400000 3400000 X PART X, LINE 2: AS A SOCIAL CLUB DEFINED IN SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, THE CLUB IS GENERALLY EXEMPT FROM INCOME TAXATION. NEVERTHELESS, TAX-EXEMPT ORGANIZATIONS MAY BE SUBJECT TO INCOME TAX ON CERTAIN TRANSACTIONS DEEMED TO GENERATE "UNRELATED BUSINESS INCOME". THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THE GUIDANCE, THE CLUB MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE CLUB AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND FORMS 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, FOR THE YEARS ENDING IN 2022, 2023 AND 2024 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR 3 YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 3 THE COUNTRY CLUB ENGAGED LANDSCAPES GOLF MANAGEMENT TO PROVIDE MANAGEMENT SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS A VARIETY OF CLASSES OF MEMBERSHIP, INCLUDING CERTIFICATE, ASSOCIATE, DINING, NON-RESIDENT, HONORARY, WIDOW, SOCIAL, AND GOLDEN YEARS, ALL OF WHICH HAVE VARYING LEVELS OF DUES AND ENTITLE THE MEMBER TO CERTAIN USAGE PRIVELEGES AS OUTLINED IN THE MEMBERSHIP RULES BOOKLET. FORM 990, PART VI, SECTION A, LINE 7A CONCURRENT WITH THE ENTERING INTO A FINANCING ARRANGEMENT WITH COUNTRY CLUB INVESTORS LLC (CCI), WHICH SUBSTANTIALLY RESTRUCTURED THE CLUB'S DEBT BY TAKING OUT THE PRIOR MORTGAGE LENDER, THE BY-LAWS OF THE CLUB WERE AMENDED TO PROVIDE FOR THE APPOINTMENT OF THREE BOARD MEMBERS BY CCI FOR AS LONG AS THE FINANCING ARRANGEMENT REMAINS IN PLACE. THE APPOINTEES FROM CCI ARE ALSO MEMBERS OF THE SIOUX CITY COUNTRY CLUB. FORM 990, PART VI, SECTION A, LINE 7B SIGNIFICANT DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY CERTIFICATE MEMBERS. A SPECIAL MEETING IS HELD REGARDING THE DECISION. CERTIFICATE MEMBERS VOTE TO APPROVE OR REJECT THE RECOMMENDATIONS CONCERNING SUCH SIGNIFICANT DECISIONS MADE BY THE BOARD. THE CLUB'S BYLAWS PROVIDE FOR THE POWERS GRANTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING. THE BOARD MEETS WITH THE CLUB'S CPA WHO PREPARES THE TAX RETURN TO REVIEW PRIOR TO FILING. THE BOARD APPROVES THE FORM 990 AT A REGULAR MONTHLY MEETING AFTER THEIR REVIEW OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY INCLUDE OFFICERS, DIRECTORS, AND MANAGEMENT-LEVEL EMPLOYEES. FILES ARE MAINTAINED IN THE ORGANIZATION'S ACCOUNTING OFFICE REGARDING SUCH PERSON'S IMMEDIATE FAMILY MEMBERS AND BUSINESS INTERESTS. THE BOARD OF DIRECTORS MONITORS BIDS AND PROPOSALS FOR THE ORGANIZATION'S GOODS AND SERVICES PROCUREMENT AND ROUTINELY REFER TO THE DISCLOSURE FILES FOR POSSIBLE CONFLICTS. TRANSACTIONS WITH THIS GROUP ARE PERMITTED WHERE THE TERMS ARE SIMILAR TO OR MORE FAVORABLE THAN THOSE FROM ALTERNATE PROVIDERS. BOARD MEMBERS ARE REQUIRED TO ABSTAIN FROM VOTING ON APPROVAL OR OTHER DECISIONS REGARDING THAT PERSON'S RENDERING OF SERVICES OR PROVIDING OF GOODS. ACCURATE MINUTES OF BOARD OF DIRECTORS MEETINGS ARE MAINTAINED. CONFLICT FILES ARE PERIODICALLY UPDATED BY THE ACCOUNTING OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL AND OFFICERS. THE ORGANIZATION'S EXECUTIVE COMMITTEE REVIEWS COMPENSATION FOR THESE POSITIONS ANNUALLY, TAKING INTO CONSIDERATION COMPARABLE COMPENSATION FOR SIMILAR POSITIONS WITHIN SIMILAR ORGANIZATIONS. DISCUSSIONS OF THE EXECUTIVE COMMITTEE ARE DOCUMENTED, AND THE RESULTS OF SUCH DISCUSSIONS ARE PRESENTED AS RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON THE REQUEST OF A MEMBER AND SUBSEQUENT APPROVAL BY THE BOARD OF DIRECTORS. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E FERTILIZER, CHEMICALS,SEED 92,772. OUTSIDE SERVICES 86,430. REAL ESTATE TAXES 63,038. ENTERTAINMENT 24,970. MISCELLANEOUS 21,512. GAS AND OIL 17,521. LANDSCAPING 10,477. UNIFORMS AND LINEN 8,636. SURVEY COSTS 7,675. TELEPHONE 6,354. GHIN HANDICAP 5,200. POSTAGE 3,565. KIDS KAMP 3,410. EXECUTIVE SEARCH 3,295. DUES AND SUBSCRIPTIONS 2,464. RECRUITMENT 665. MEMBER PROMOTION 111. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES RETIRED -200. CHANGE IN USEFUL LIVES AND SALVAGE VALUES OF FIXED ASSETS -239,956. FORM 990, PART XII, LINE 2C OVERSIGHT OF REVIEW AND FINANCIAL STATEMENTS: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. COUNTRY CLUB INVESTORS LLC 522 4TH STREET SUITE 200 SIOUX CITY IA 51101 261495821 REAL ESTATE RENTAL IA N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0