2026-06-15T12:44:57-05:00 2025-07-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-08-01 650473088 BAY COLONY GOLF CLUB INC BAYC 2395929515 9740 BENT GRASS BEND NAPLES FL 341081933 LINDSAY WILLIAMS CFO 2395929515 2026-06-15 1 0 CHRISTOPHER CECIL P01877773 5616791785 2026-06-15 2024 2025-03-06 01:10:19Z HARRY HOOPIS 9740 BENT GRASS BEND NAPLES FL 34108 13271752 0 X WWW.BAYCOLONYGOLFCLUB.COM X 1996 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 165 9 539551 19983 0 0 8971270 9306475 103703 -3704 2253506 1951732 11328479 11254503 0 0 0 0 6692577 7013180 0 0 0 6963975 6936571 13656552 13949751 -2328073 -2695248 37164956 36844713 5732334 4692357 31432622 32152356 BAY COLONY GOLF CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB HAS AN 18 HOLE GOLF COURSE. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 07/31/25 WAS APPROX. 21,147 OF WHICH APPROX 1,375 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR WAS $2,456,414 OF WHICH$681,163 WAS NON-MEMBER RELATED. 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 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 165 1 1 1 0 0 0 1 1 0 861277 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X MICHAEL BRADFIELD 2395929515 9740 BENT GRASS BEND NAPLES FL 341081933 HARRY HOOPIS PRESIDENT 2.00 X X 0 0 0 DAVID MCAVOY VICE PRESIDENT 2.00 X X 0 0 0 DREW MEYER SECRETARY 1.00 X X 0 0 0 MARK MULLIN TREASURER 1.00 X X 0 0 0 BILL HOSLER DIRECTOR 1.00 X 0 0 0 KATHERINE PRYOR DIRECTOR 1.00 X 0 0 0 JOHN GRISWOLD DIRECTOR 1.00 X 0 0 0 KIM SULLIVAN DIRECTOR 1.00 X 0 0 0 GREGG DEWITT DIRECTOR 1.00 X 0 0 0 LINDSAY WILLIAMS CFO 40.00 X 0 0 0 MICHAEL BRADFIELD GENERAL MANAGER 40.00 X 400193 0 34938 SAMANTHA SHEFFIELD CFO (THROUGH 5/30/25) 40.00 X 254281 0 11481 SCOTT MCCOY GOLF COURSE SUPERINDENDENT 40.00 X 157026 0 17812 TYLER FIELD EXECUTIVE CHEF 40.00 X 178607 0 33044 ANDREW ZULLO GOLF PROFESSIONAL 40.00 X 278187 0 37449 ANGEL BLANCO F&B DIRECTOR (THROUGH 12/14/2024) 40.00 X 149424 0 26915 MLADEN STOEV SOMMELIER 40.00 X 195798 0 15576 JOSHUA LEVITRE SUPERINTENDENT (7/26/2024) 40.00 X 152900 0 20412 TAMMY MERCER MEMBERSHIP DIRECTOR 40.00 X 193837 0 18410 CHRIS SHULTIS GOLF PROFESSIONAL 40.00 X 120591 0 26456 2080844 0 242493 11 0 1 0 0 DUES REVENUE 713910 8220514 8220514 GREENS,CART & TRAIL FEES 713910 1085961 993839 92122 9306475 71441 71441 106098 106098 0 97100 172245 -75145 -75145 -75145 3215215 1738906 1476309 1100321 375988 OTHER INCOME 713910 388035 388035 FOOD & BEVERAGE MINIMUM 713910 87388 87388 475423 11254503 10790097 539551 -75145 5845678 1167502 30246 2684191 377652 GOLF COURSE MAINTENANCE 1364336 FOOD & BEVERAGE 799984 GENERAL & ADMINISTRATIV 663534 COMMUNITY FEES 577259 439369 13949751 6431141 6472909 232879 319969 333342 349072 475821 316771 54089432 25460987 28786391 28628445 447618 448847 457764 308700 37164956 36844713 1635267 1225319 2231553 2244088 1865514 1222950 5732334 4692357 X 30920542 31593769 512080 558587 31432622 32152356 37164956 36844713 X -2695248 3414982 X X 0 1 X 1 0 7405396 7405396 17230207 9548190 7682017 9684939 5366949 4317990 19768890 10545848 9223042 28628445 MEMBERSHIP DEPOSITS 895000 DEFERRED COMPENSATION 21600 OPERATING LEASE LIABILITY 306350 1222950 X 13079899 1845004 1845004 11234895 19608 19608 11254503 15775147 1845004 1845004 13930143 19608 19608 13949751 PART X, LINE 2: THE CLUB HAS EVALUATED ITS 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 THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN TAXES WITHIN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,738,906. RENTAL EXPENSES 106,098. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER GOLF REVENUE 19,608. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,738,906. RENTAL EXPENSES 106,098. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER GOLF REVENUE 19,608. X X X X 0 0 0 MICHAEL BRADFIELD GENERAL MANAGER 325193 0 75000 0 0 0 13008 0 21930 0 435131 0 0 0 ANDREW ZULLO GOLF PROFESSIONAL 217897 0 15000 0 45290 0 10404 0 27045 0 315636 0 0 0 SAMANTHA SHEFFIELD CFO (THROUGH 5/30/25) 224031 0 30250 0 0 0 8971 0 2510 0 265762 0 0 0 TAMMY MERCER MEMBERSHIP DIRECTOR 130487 0 20000 0 43350 0 7216 0 11194 0 212247 0 0 0 TYLER FIELD EXECUTIVE CHEF 178357 0 250 0 0 0 3952 0 29092 0 211651 0 0 0 MLADEN STOEV SOMMELIER 135000 0 11421 0 49377 0 0 0 15576 0 211374 0 0 0 ANGEL BLANCO F&B DIRECTOR (THROUGH 12/14/2024) 139174 0 10250 0 0 0 5088 0 21827 0 176339 0 0 0 SCOTT MCCOY GOLF COURSE SUPERINDENDENT 156776 0 0 0 250 0 0 0 17812 0 174838 0 0 0 JOSHUA LEVITRE SUPERINTENDENT (7/26/2024) 137900 0 15000 0 0 0 5120 0 15292 0 173312 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: GOLF EQUITY MEMBERS, INTERMEDIATE MEMBERS, AND SOCIAL EQUITY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LOANS OVER $2,000,000 AND RENOVATIONS ARE SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CLUB'S TREASURER. THE TREASURER REVIEWS FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CLUB MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY EVALUATING ANNUAL DISCLOSURES. IN ADDITION, ANYTHING THAT IS QUESTIONABLE IS PUT BEFORE THE GENERAL MANAGER AND COMMITTEES. FORM 990, PART VI, SECTION B, LINE 15 THE YEAR END BONUSES, RAISES, AND ANNUAL REVIEWS OF THE MANAGEMENT POSITIONS ARE CONDUCTED BY THE COMPENSATION COMMITTEE AND BOARD. INDUSTRY SURVEYS ARE ALSO USED FOR COMPARISON. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE COMPENSATION PACKAGES FOR THE GENERAL MANAGER. THE GENERAL MANAGER DETERMINES COMPENSATION PACKAGES FOR DEPARTMENT HEADS AND REVIEWS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF THE CONFLICT OF INTEREST POLICY UPON REQUEST. THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE CLUB WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: ISSUANCE OF MEMBERSHIP CERTIFICATES 3,699,996. REDEMPTION OF MEMBERSHIP CERTIFICATES -2,455,000. SOCIAL INITIATION FEES 150,000. CAPITAL FUNDING OF DEPRECIATION ASSESSMENTS 1,356,767. MEMBER DONATIONS 145,100. NET ASSETS WITH DONOR RESTRICTIONS RELEASED FROM RESTRCTIONS -104,425. CAPITAL ASSESSMENTS 616,712. INTEREST INCOME 5,832. FORM 990: PART XII, LINE 2C: THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR.