2026-03-03T09:59:07-05:00 2025-04-30 270030728 MILLER & COMPANY LLP 141-07 20TH AVE STE 101 WHITESTONE NY 113573097 990 2024-05-01 650110859 LAUREL OAK COUNTRY CLUB INC LAUR 9413783608 2700 GARY PLAYER BLVD SARASOTA FL 34240 THOR CHEYNE TREASURER 9413783608 2026-03-03 false PAUL MILLER CPA P00112583 7187670737 2026-03-03 2024 2025-03-06 01:10:19Z SCOTT DOLAN 2700 GARY PLAYER BLVD SARASOTA FL 34240 15266922 false X WWW.LAURELOAK.COM X 1989 FL LAUREL OAK COUNTRY CLUB OFFERS VARIOUS SOCIAL ACTIVITIES FOR THE ENJOYMENT OF ITS MEMBERS. THESE ACTIVITIES ARE MADE UP OF TWO GOLF COURSES, TENNIS AND SWIMMING FACILITIES, A WIDE VARIETY OF SOCIAL ACTIVITIES, AND PRIVATE DINING. 870 870 222 1575407 175538 0 9490253 10094515 90081 243867 2743723 2758671 12324057 13097053 0 0 745006 1013518 0 0 12058365 13446996 12803371 14460514 -479314 -1363461 31713243 34884662 4727113 5019476 26986130 29865186 X LAUREL OAK COUNTRY CLUB OFFERS TWO GOLF COURSES, TENNIS AND SWIMMING FACILITIES, A WIDE VARIETY OF SOCIAL ACTIVITIES, AND PRIVATE DINING. false false PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP,TENNIS, POOL, RESTAURANT, AND BAR) PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL RESTAURANT, AND BAR) false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false true false false false false false false false false true 46 0 false 222 true true true false false false false 1766667 false false false X 870 870 false false false false true true true true true false false false false true true true true false X CONTROLLER 9413783608 2700 PLAYER BLVD SARASOTA FL 34240 JAMIE SELBY GENERAL MANA 40.00 X 354883 0 16685 DAVID BRASWELL DIRECTOR OF 40.00 X 222044 0 14257 KEVIN FROST DIRECTOR OF 40.00 X 174755 0 3379 JOSEPH SAMULAK ASST DIR OF 40.00 X 145315 0 1185 CHELSEA A CHAVEZ FOOD & BEVER 40.00 X 136535 0 4186 DAVID MCINTYRE DIRECTOR OF 40.00 X 140675 0 0 STEVEN MARTIN TENNIS PRO 40.00 X 121965 0 1441 GARY BELTRANI MEMBER AT LA 2.00 X 0 0 0 THOR CHEYNE TREASURER 2.00 X X 0 0 0 SCOTT DOLAN PRESIDENT 2.00 X X 0 0 0 RICHARD GERRITY 2ND VICE PRE 2.00 X X 0 0 0 STEVE GOLDNER MEMBER AT LA 2.00 X 0 0 0 JOHN JONES MEMBER AT LA 2.00 X 0 0 0 COLLEEN MCPHERSON SECRETARY 2.00 X X 0 0 0 DAVID WILLIAMS 1ST VICE PRE 2.00 X X 0 0 0 BILL YEAGERS MEMBER AT LA 2.00 X 0 0 0 1296172 41133 7 false true false MEMBERSHIP DUES 713910 7509358 7509358 GOLF REVENUE 1915423 1915423 GOLF REVENUE 713910 669734 669734 10094515 260705 260705 32500 49338 -16838 -16838 -16838 4588794 2120531 2468263 1823295 644968 SERVICES CHARGES 162555 162555 MISCELLANEOUS INCOME 97179 97179 FACILITY RENTAL 24500 24500 6174 6174 290408 13097053 11521646 1575407 X 357494 357494 656024 656024 6246439 6246439 30420 30420 157789 157789 1319655 1319655 13464 13464 935 935 2206828 2206828 SUPPLIES 700556 700556 GOLF EXPENSES 668961 668961 FOOD & BEVERAGE OPERATING 492291 492291 REPAIRS & MAINT. 439628 439628 1170030 1170030 14460514 14460514 0 0 20339 22315 5446426 7792052 1774033 1801763 713942 747714 657298 917007 32552810 11561141 20226308 20991669 1605057 1685351 1269840 926791 31713243 34884662 486762 344525 2139441 2654464 53061 6331 2047849 2014156 4727113 5019476 X 26986130 29865186 26986130 29865186 31713243 34884662 X -1363461 4242517 X false true X true false 7103796 7103796 4682878 2686512 1996366 15505046 7532106 7972940 3465118 851852 2613266 1795972 490671 1305301 20991669 OPERATING LEASE LIABILITIES 925635 ACCRUED PAYROLL 457888 MEMBER DEPOSITS 180345 ACCRUED EXPENSES 111801 PROPERTY TAX PAYABLE 109325 SALES AND USE TAX PAYABLE 91652 OTHER LIABILITIES 64685 TIPS PAYABLE 45900 LESSONS PAYABLE 23148 DUE TO MANAGEMENT COMPANY 3777 2014156 19459116 6362063 6362063 13097053 13097053 16581045 2120531 2120531 14460514 14460514 SCHEDULE D, PAGE 4, PART XI, LINE 2D CAPITAL CONTRIBUTIONS 2,019,897 INITIATION FEES 2,221,635 COGS LISTED AS EXPENSES ON FINANCIALS 2,120,531 SCHEDULE D, PAGE 4, PART XII, LINE 2D COGS NETTED WITH REVENUES 2,120,531 SCHEDULE D, PAGE 4, PART XIII 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 IMPOSES A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS TAXABLE INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. THE CLUB CLASSIFIES ALL INTEREST AND PENALTIES RELATED TO TAX CONTINGENCIES AS INCOME TAX EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN RECOGNIZED IN THE STATEMENTS OF FINANCIAL POSITION OR IN THE STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED APRIL 30, 2025 AND 2024. ACCOUNTING STANDARDS CODIFICATION TOPIC 740 REQUIRES THE CLUB RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE CLUB HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF APRIL 30, 2025 AND 2024. THE CLUB FILES A U.S. FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN AND A CORPORATE RETURN IN THE STATE OF FLORIDA. THE FEDERAL AND STATE RETURNS FOR THE FISCAL YEARS 2022 THROUGH 2025 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE FLORIDA DEPARTMENT OF REVENUE. false false false JAMIE SELBY GENERAL MANAGER 354883 16685 371568 DAVID BRASWELL DIRECTOR OF TENNIS 222044 14257 236301 KEVIN FROST DIRECTOR OF AGRONOMY 174755 3379 178134 DL PORTER CONSTRUCTORS INC VP BOARD OF GOV RENOVATIONS false FORM 990, PAGE 2, PART III, LINE 4D PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL RESTAURANT, AND BAR) FORM 990, PAGE 6, PART VI, LINE 6 THE CLUB HAS APPROXIMATELY 870 VOTING MEMBERS AND NO STOCKHOLDERS ARE PRESENT. FORM 990, PAGE 6, PART VI, LINE 7A THE CLUB HAS 870 VOTING MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. THE NOMINATING COMMITTEE NOMINATES NEW BOARD MEBMERS AND THE MEMBERS VOTE AT AN ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B MOST MAJOR DECISIONS OF THE CLUB REQUIRE MEMBERSHIP APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE CLUB TREASURER AND CHAIRMAN OF THE FINANCE COMMITTEE REVIEW THE 990 FORM WITH TOP MANAGEMNT AND THE INDEPENDENT AUDIT FIRM. FORM 990, PAGE 6, PART VI, LINE 15A THE GENERAL MANAGER'S SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SOLICITS INFORMATION FROM THE BOARD OF DIRECTORS AS IT RELATES TO THE COMPENSATION, EMPLOYMENT PERFORMANCE AND CONTRACT CONSIDERATIONS. TAKING THIS INFORMATION INTO ACCOUNT, THE EXECUTIVE COMMITTEE FINALIZES THE DETAILS OF THE EMPLOYMENT CONTRACT. THE BOARD OF DIRECTORS IS THEN INFORMED AND THE PRESIDENT OF THE CLUB SIGNS THE AGREEMENT AS A REPRESENTATIVE OF THE CLUB GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 15B THE GENERAL MANAGER'S SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SOLICITS INFORMATION FROM THE BOARD OF DIRECTORS AS IT RELATES TO THE COMPENSATION, EMPLOYMENT PERFORMANCE AND CONTRACT CONSIDERATIONS. TAKING THIS INFORMATION INTO ACCOUNT, THE EXECUTIVE COMMITTEE FINALIZES THE DETAILS OF THE EMPLOYMENT CONTRACT. THE BOARD OF DIRECTORS IS THEN INFORMED AND THE PRESIDENT OF THE CLUB SIGNS THE AGREEMENT AS A REPRESENTATIVE OF THE CLUB GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION POSTS A COPY OF THE MONTHLY AND AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE FOR THE MEMBERS TO REVIEW. ALL OTHER IMPORTANT INFORMATION REGARDING MEMBERSHIP IS COMMUNICATED TO THE MEMBERS VIA THE BY-LAWS. FORM 990, PART IX, LINE 11G CONTRACT SERVICES - PAYROLL 822,701 0 0 PAYROLL ADMIN FEES 99,340 0 0 PROFESSIONAL FEE 150,472 0 0 LEASED EMPLOYEES 5,944,803 0 0 LEASED EMPLOYEE -COMM& BONUS 242,640 0 0 LESS OFFICERS & KEY EMPLOYEE -1,013,517 0 0 TOTAL 6,246,439 0 0 FORM 990, PART XI, LINE 9 CAPITAL CONTRIBUTIONS 2,019,897 INITIATION FEES 2,221,635 MEMBERSHIP CONTRIBUTIONS 985 TOTAL 4,242,517