2022-09-13T13:50:40-07:00 2021-10-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14th Floor GLENDALE CA 91203 990 2020-11-01 950919720 LAKESIDE GOLF CLUB LAKE 8189840601 PO BOX 2386 TOLUCA LAKE CA 91610 ROBERT HERTZING COO 2022-09-13 true ROBERT HERTZING 999009999 MARK J HENNELLY P00982999 8186375000 2 AAL1 IAL1 FAL1 2020 2023-04-26 12:10:37Z PO BOX 2386 TOLUCA LAKE CA 91610 16021879 false X www.lakesidegolfclub.com X 1924 CA A NONPROFIT ORGANIZATION OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF THE CLUB MEMBERS. THE PRIMARY ACTIVITIES INCLUDE OPERATING AND MAINTAINING A GOLF COURSE AND CLUBHOUSE. 12 12 136 122687 0 10761465 12310942 298 -116668 -862261 -643893 9899502 11550381 0 0 4596021 4503873 0 0 4765527 5382422 9361548 9886295 537954 1664086 18121822 19620721 3446550 3282518 14675272 16338203 A NONPROFIT ORGANIZATION OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF THE CLUB MEMBERS. THE PRIMARY ACTIVITIES INCLUDE OPERATING AND MAINTAINING A GOLF COURSE AND CLUBHOUSE. false false PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF THE CLUB MEMBERS. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 32 0 true 136 true true true false false false true true 1894000 394938 false false false X 12 12 false false false false true true true true true false false true true true true false false true true false X ISABEL CRUZ 8186840601 4500 LAKESIDE DR BURBANK CA 91505 X LANCE SABELLA FORMER GM 40.00 0.00 421233 0 0 ROBERT HERTZING CHIEF OPERATING OFFICER/GM 40.00 0.00 401347 0 0 DANIEL ADAM CINCIS CHEF 40.00 0.00 174399 0 0 KEVIN BAILEY HEAD PROFESSIONAL 40.00 0.00 156937 0 0 ISABEL CRUZ CONTROLLER 40.00 0.00 138837 0 0 LEOPOLD KRENN F&B MANAGER 40.00 0.00 138327 0 0 SHELDON CHERNOVE PRESIDENT 2.00 0.00 X X 0 0 0 ROBERT TRUJILLO VICE PRESIDENT 2.00 0.00 X X 0 0 0 PETER BARSOCCHINI SECRETARY 2.00 0.00 X X 0 0 0 WILLIAM BREWER SECRETARY 2.00 0.00 X X 0 0 0 ROBERT E THOMAS TREASURER 2.00 0.00 X X 0 0 0 MICHAEL M GARRETT DIRECTOR 2.00 0.00 X 0 0 0 DAVID J MCGUIRE DIRECTOR 2.00 0.00 X 0 0 0 ANTHONY SCUTICCHIO DIRECTOR 2.00 0.00 X 0 0 0 CHRIS WILSON DIRECTOR 2.00 0.00 X 0 0 0 LEONARD MADSON DIRECTOR 2.00 0.00 X 0 0 0 BRIAN DANELIAN DIRECTOR 2.00 0.00 X 0 0 0 NINO CUCCINELLO DIRECTOR 2.00 0.00 X 0 0 0 1431080 6 true true false RANDYS CONCRETE CONSTRUCTION SERVICES 142843 1 0 CAPITAL FUNDING FEES 544842 544842 GOLF CART RENTAL 713910 608932 596197 12735 GREEN FEES 713910 639707 559775 79932 MEMBERSHIP DUES 7649783 7649783 TRANSFER FEES 1894000 1894000 973678 896845 76833 12310942 1141 1141 0 0 0 117809 -117809 -117809 -117809 0 0 3709796 4353689 -643893 -595939 -47954 0 11550381 11427694 122687 0 0 0 0 401347 0 3046408 0 787562 268556 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63337 0 1451002 237648 SUPPLIES 947086 UTILITIES 902041 A&G OPERATING EXPENSE 515402 REPAIR & MAINTENANCE 320062 945844 9886295 0 0 0 1043668 1391712 2550943 3604956 0 167474 1002851 0 0 0 373597 394629 367848 430417 29219097 16422941 13618292 12796156 0 0 0 0 0 18121822 19620721 1264958 1348730 76147 155043 1557905 1288704 547540 490041 3446550 3282518 X 14675272 16338203 14675272 16338203 18121822 19620721 X 1664086 -1155 X false true X true false 366954 366954 9190450 5231300 3959150 8872706 5050437 3822269 10788987 6141204 4647783 12796156 Members' deposits 490041 490041 X 16220622 4670241 4670241 11550381 11550381 14557691 4671396 4671396 9886295 9886295 Part X : FIN48 Footnote The Club has been granted exemption from Federal and California income taxes under Internal Revenue Code Section 501(c)(7) and related California code section. However, the Tax Reform Act of 1969 provides for taxes on what is termed "unrelated business income." This is generally defined to include interest income, rental income, and income from nonmember sources such as food and beverage sales. As of October 31, 2021, the Club had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. As of October 31, 2021, the Clubs annual tax filings for the prior three and four years are open for audit by federal and state tax agencies, respectively. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF GOODS SOLD $4353689 EMPLOYEE RETENTION CREDIT $198743 LOSS ON DISPOSAL $117809 Part XII, Line 2d: Other expenses and losses per audited F/S FUEL CREDIT $1155 COST OF GOODS SOLD $4353689 EMPLOYEE RETENTION CREDIT $198743 LOSS ON DISPOSAL $117809 X X X false false false DANIEL ADAM CINCIS CHEF 174399 174399 KEVIN BAILEY HEAD PROFESSIONAL 156937 156937 LANCE SABELLA FORMER GM 421233 421233 ROBERT HERTZING CHIEF OPERATING OFFICER/GM 401347 401347 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder THE LAKESIDE COUNTRY CLUB HAS EQUITY VOTING MEMBERS. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body THE LAKESIDE GOLF CLUB MEMBERS VOTE FOR MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY. BOARD OF DIRECTORS SERVE A 3-YEAR TERM. Form 990, Part VI, Line 11b: Form 990 Review Process THE 990 RETURN IS SIGNED BY THE CLUB PRESIDENT WHO REPRESENTS THE GOVERNING BOARD OF THE CLUB. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE CLUB'S PROCEDURE IS TO AVOID MEMBER RELATED TRANSACTIONS. ANY SUCH TRANSACTIONS THAT MAY PRESENT THEMSELVES ARE REVIEWED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management COMPENSATION OF KEY EMPLOYEES IS DOCUMENTED IN WRITTEN EMPLOYMENT CONTRACTS WHICHARE REVIEWED BY IN-HOUSE LEGAL COUNSEL. THE COMPENSATION LEVEL IS DETEMINED BYCOMPENSATION SURVEYS AND THEN APPROVED BY THE PRESIDENT AND GOVERNING BOARD. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available NOT AVAILABLE TO THE PUBLIC. Other Changes In Net Assets Or Fund Balances - Other Decreases FUEL CREDIT = -$1155