2022-09-14T12:30:40-05:00 2021-10-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2020-11-01 860507921 BRIARWOOD COUNTRY CLUB INC BRIA 6235845600 20800 N 135TH AVENUE SUN CITY WEST AZ 85375 NATE POMEROY GENERAL MANAGER 6235845600 2022-09-05 1 NATE POMEROY 999009999 MELISSA HANGSLEBEN P00317845 6022662248 2022-09-05 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z NATE POMEROY 20800 N 135TH AVENUE SUN CITY WEST AZ 85375 5014352 0 X WWW.BRIARWOODCC.COM X 1985 AZ TO PROVIDE A HIGH QUALITY SOCIAL AND GOLF EXPERIENCE FOR THE BENEFIT OF OUR MEMBERS, THEIR FAMILIES AND THEIR GUESTS WHILE MAINTAINING SOUND FISCAL POLICY. 9 9 105 100 198483 0 0 696611 3257062 3067546 1562 204 157132 601205 3415756 4365566 0 0 0 0 2126955 2237410 0 0 0 1467836 1584860 3594791 3822270 -179035 543296 5398846 5472396 1704367 1689027 3694479 3783369 X BRIARWOOD COUNTRY CLUB IS A FRIENDLY, ADULT, MEMBER-OWNED PRIVATE COUNTRY CLUB. THE MISSION OF BRIARWOOD COUNTRY CLUB IS TO PROVIDE A HIGH QUALITY SOCIAL AND GOLF EXPERIENCE FOR THE BENEFIT OF OUR MEMBERS, THEIR FAMILIES AND THEIR GUESTS, WHILE MAINTAINING SOUND FISCAL POLICY. 0 0 BRIARWOOD COUNTRY CLUB PROVIDES GOLF, SWIMMING, DINING, AND SOCIAL ACTIVITIES FOR APPROXIMATELY 578 MEMBERSHIPS AND 980 MEMBERS. 0 1 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 0 0 0 1 14 0 105 1 1 1 0 0 0 0 550985 198279 0 0 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X SEPTEMBER HECOX 6235568803 20800 N 135TH AVENUE SUN CITY WEST AZ 85375 ERNIE MACHADO PRESIDENT 2.00 X X 0 0 0 DON LOGELIN VICE PRESIDENT 2.00 X X 0 0 0 RICK RUFFLE TREASURER 2.00 X X 0 0 0 KAREN DIERKS SECRETARY 2.00 X X 0 0 0 ROY JENKS DIRECTOR 2.00 X 0 0 0 TOM CHANAK DIRECTOR 2.00 X 0 0 0 BOB SIMON DIRECTOR 2.00 X 0 0 0 JIM MITCHELL DIRECTOR 2.00 X 0 0 0 RAMONA PUTMAN DIRECTOR 2.00 X 0 0 0 NATE POMEROY GENERAL MANAGER 40.00 X 109749 0 3070 109749 0 3070 1 0 0 0 0 696611 696611 MEMBERSHIP DUES 713910 1720275 1720275 BANQUET REVENUES 713910 1078960 880681 198279 FACILITY FEES, RENTAL AND OTHER 713910 259263 259263 MISCELLANEOUS REVENUE 713910 7321 7321 SPORTS - POOL AND TENNIS 713910 1727 1727 3067546 204 204 699006 648786 50220 50220 RESERVE FUND INCOME 900099 306571 306571 OTHER CAPITAL INCOME 900099 193614 193614 MEMBER TRANSFER FEES 713910 50800 50800 550985 4365566 3470472 198483 0 112161 1825384 126839 173026 28169 20220 49408 49200 424895 30567 28855 336792 42276 UBIT 118 GROUNDS MAINTENANCE 261996 REPAIRS AND MAINTENANCE 90430 MISCELLANEOUS 71432 150502 3822270 171704 671694 454406 359658 332395 123949 150775 185124 49575 39318 15652811 11560158 4239991 4092653 5398846 5472396 343449 390301 207588 359658 687042 460349 431800 441808 34488 36911 1704367 1689027 X 5212446 5212446 3198004 3198004 -4715971 -4627081 3694479 3783369 5398846 5472396 X 543296 -454406 0 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2469914 2469914 5512324 4626189 886135 1504770 1406418 98352 6131541 5527551 603990 34262 34262 4092653 DEPOSITS - MEMBERS AND OTHERS 36911 36911 X PART X, LINE 2: BRIARWOOD COUNTRY CLUB, INC. QUALIFIES AS A NONPROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(7) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE CLUB DOES PAY INCOME TAXES ON ITS INTEREST INCOME AND ON ANY OTHER INCOME WHICH IS UNRELATED TO ITS EXEMPT PURPOSE. THE CLUB WILL MAINTAIN ITS EXEMPT STATUS AS LONG AS THE OPERATION CONTINUES TO COMPLY WITH THE INTERNAL REVENUE CODE. CURRENTLY THE CLUB IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND THE CLUB HAS NOT BEEN DETERMINED TO BE A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. THE CLUB HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THAT THEIR POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE CLUB'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 6 EQUITY MEMBERS (CERTIFICATE HOLDERS) AN EQUITY MEMBER IS DEFINED AS A MEMBER PAYING FULL, CONTINUOUS, EQUITY MEMBERSHIP DUES EACH MONTH OF THE YEAR. EQUITY MEMBERS IN GOOD STANDING ARE ENTITLED TO ONE (1) VOTE PER MEMBERSHIP IN ALL DULY ASSEMBLED MEMBERSHIP MEETINGS BUT SHALL HAVE NO EQUITY INTEREST IN THE CLUB EXCEPT AS PROVIDED IN 1.02 (C) OF THE BYLAWS. A CERTIFICATE OF MEMBERSHIP WILL BE ISSUED TO EACH EQUITY MEMBER AND MAY NOT BE HELD IN A TRUST. THIS CERTIFICATE SHALL HAVE NO EQUITY INTEREST IN THE HANDS OF ANY OTHER PERSON, EXCEPT THE SURVIVING SPOUSE OR THE DEPENDENT OF THE DECEASED MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE EQUITY MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD SHALL NOT, WITHOUT A MAJORITY VOTE (IN PERSON OR BY WRITTEN PROXY) OF THE EQUITY MEMBERS ATTENDING THE ANNUAL MEETING, A SPECIAL MEETING OR BY A VOTE BY MAIL PURSUANT TO 6.02 OR 6.03: (A) MAKE A CAPITAL IMPROVEMENT, FACILITY ALTERATION OR PROPERTY ACQUISITION IN EXCESS OF ONE-HUNDRED AND FIFTY-THOUSAND DOLLARS ($150,000) UNLESS A SITUATION INVOLVES EMERGENCY REPLACEMENT OF FIXED EQUIPMENT. (B) BORROW MONEY OR OTHERWISE INCUR INDEBTEDNESS EXCEEDING TWO-HUNDRED AND FIFTY-THOUSAND DOLLARS ($250,000). (C) LEVY ANY SPECIAL ASSESSMENTS, WHICH WILL COST EACH MEMBER MORE THAN FIVE-HUNDRED DOLLARS ($500) PER YEAR. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A WRITTEN OR ELECTRONIC COPY OF THE ORGANIZATIONS FORM 990 AND 990T, INCLUDING ALL SCHEDULES AS ULTIMATELY FILED WITH THE IRS, IS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY PRIOR TO ITS FILING WITH THE IRS. THE 990 AND 990T WAS REVIEWED BY THE GENERAL MANAGER PRIOR TO THE RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST QUESTIONNAIRE FORM ANNUALLY. IF AN ISSUE TO BE DECIDED BY A BOARD MEMBER INVOLVES A POTENTIAL CONFLICT OF INTEREST, IT IS THE RESPONSIBILITY OF THE BOARD MEMBER TO: 1) IDENTIFY THE POTENTIAL CONFLICT OF INTEREST, 2) NOT PARTICIPATE IN MAKING MOTIONS REGARDING THE ISSUE, 3) NOT VOTE ON THE ISSUE. THE POTENTIAL CONFLICT OF INTEREST WILL BE RECORDED INTO THE MINUTES OF THE BOARD MEETING ALONG WITH THE USE AND PROCEDURES OF THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS RESPONSIBLE FOR HIRING AND PROVIDING ADMINISTRATIVE GUIDANCE AND DIRECTION TO THE CLUB'S GENERAL MANAGER WHO IS ACCOUNTABLE FOR MANAGING THE DAY-TO-DAY OPERATION OF THE CLUB. A REVIEW AND CONTRACT IS UPDATED ANNUALLY. THE BOARD REVIEWS AND APPROVES COMPENSATION LEVELS FOR ALL KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC ANY GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN EITHER THE OVERSIGHT OR THE SELECTION PROCESS FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 8: AS A RESULT OF THE IMPLEMENTATION OF FASB ASC 606, BRIARWOOD COUNTRY CLUB REPORTED A RESTATEMENT FOR THE CHANGE IN ACCOUTNING PRINCIPLE.