2024-06-04T09:26:39-05:00 2023-09-30 461585527 OFFUTT BARTON SCHLITT LLC 570 BEACHLAND BLVD VERO BEACH FL 32963 990 2022-10-01 264830028 NEW INDIAN RIVER CLUB INC NEWI 7727700757 800 CAROLINA CIRCLE SW VERO BEACH FL 32962 JOSEPH MARCELLE TREASURER 7727700757 2024-05-28 1 JOSEPH MARCELLE 999009999 0 WILLIAM F SCHLITT P00854938 7722312100 2024-06-04 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH MARCELLE 4531200 0 X WWW.INDIANRIVERCLUB.COM X 2009 FL PRIVATE GOLF CLUB INCLUDES A FULLY EQUIPPED CLUBHOUSE AND GOLF COURSE, LOCATED IN VERO BEACH, FLORIDA FOR THE RECREATION, PLEASURE AND BENEFIT OF ITS MEMBERS AND THEIR GUESTS. 5 5 55 0 154806 0 0 0 4164449 4375089 10881 -61652 90912 154806 4266242 4468243 0 0 0 0 1752849 1972607 0 0 154887 1643459 2522655 3396308 4495262 869934 -27019 6695156 7293668 4570512 5320149 2124644 1973519 PRIVATE GOLF CLUB INCLUDES A FULLY EQUIPPED CLUBHOUSE AND GOLF COURSE, LOCATED IN VERO BEACH, FLORIDA FOR THE RECREATION, PLEASURE AND BENEFIT OF ITS MEMBERS AND THEIR GUESTS. 0 0 3251507 PRIVATE GOLF CLUB INCLUDES A FULLY EQUIPPED CLUBHOUSE AND GOLF COURSE, LOCATED IN VERO BEACH, FLORIDA FOR THE RECREATION, PLEASURE AND BENEFIT OF ITS MEMBERS AND THEIR GUESTS. 3251507 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 55 1 1 1 0 0 0 0 256050 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 FL X X BETTYLOU MANN 7727700757 800 CAROLINA CIRCLE SW VERO BEACH FL 32962 X MARYBETH CUNNINGHAM PRESIDENT 5.00 X X 0 0 0 LAWRENCE NOESEN VICE PRESIDENT 5.00 X X 0 0 0 JOSEPH MARCELLE SECRETARY 5.00 X X 0 0 0 STEPHEN CORRICK TREASURER 5.00 X X 0 0 0 ARTHUR NEWHOUSE III DIRECTOR 5.00 X 0 0 0 CHARLES ENTREKIN DIRECTOR/SECRETARY 5.00 X 0 0 0 BRUCE MCCORMICK DIRECTOR 5.00 X 0 0 0 0 0 0 1 0 0 0 0 MEMBERSHIP FEES 2421861 2421861 GOLF AND CART FEES 670042 670042 SHOP, FOOD & BEVERAGE 609164 609164 INITIATION FEES 256050 256050 DEBT SERVICE ASSESSMEN 196825 196825 221147 221147 4375089 1305 1305 62957 -62957 -62957 -62957 NON MEMBER SHOP, FOOD 713910 152816 152816 NON MEMBER GOLF INCOME 713910 1990 1990 154806 4468243 4313437 154806 0 X 1471095 1150950 262953 57192 501512 408960 84419 8133 75899 5214 298 70387 99702 33491 52522 13689 3574 832 2742 59215 59215 281936 281936 120080 120080 GOLF COURSE MAINTENANCE 469724 469724 COST OF SALES 410604 410604 LEASE EXPENSE 280487 169929 110558 CONTRACT LABOR 190445 190445 530989 411358 114145 5486 4495262 3251507 1088868 154887 3166212 2007650 846680 1559808 65678 92469 23785 40784 3807565 1096058 861898 2711507 11208 10049 1719695 871401 6695156 7293668 173309 151022 2649130 2854100 1748073 1347567 0 967460 4570512 5320149 X 2124644 1853328 0 120191 2124644 1973519 6695156 7293668 -27019 -124106 0 X 0 1 X 1 0 219120 135400 83720 2214439 128383 2086056 1083659 733492 350167 290347 98783 191564 2711507 ROU ASSET - OPERATING LEASES 865856 ROU ASSET - FINANCING LEASES 5545 871401 DUE TO LANDLORD 43520 OPERATING LEASE LIABILITY 865856 FINANCING LEASE LIABILITY 5545 OTHER CURRENT LIABILITIES 52539 967460 4468243 0 4468243 0 4468243 4495262 0 4495262 0 4495262 X GOLF COURSE AND CLUBHOUSE EQUIPMENT 1 110300 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ALL MEMBERS HAVE VOTING RIGHTS AND ELECT THE BOARD OF DIRECTORS AND COMMODORE OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF NIRC MAY ELECT MEMBERS OF THE GOVERNING BOARD. ALSO, DURING A PORTION OF FY23 THE BOARD OF INDIAN RIVER CLUB COMMUNITY ASSOCIATION, INC. HAD THE AUTHORITY TO APPOINT TWO MEMBERS OF NIRC GOVERNING BODY. THAT RIGHT WAS ELIMINATED WHEN THE BYLAWS WERE CHANGED IN FEBRUARY 2023, AND THE TERMS OF THE TWO APPOINTED GOVERNORS TERMINATED APRIL 2023. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS IN REGARDS TO LARGE CAPITAL PROJECTS ARE SUBJECT TO THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B COPY OF THE ORGANIZATION'S TAX RETURN IS PROVIDED TO THE BOARD FOR APPROVAL PRIOR TO BE ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DECIDES ON THE COMPENSATION OF TOP OFFICIALS, OTHER OFFICIALS AND KEY EMPLOYEES. THE COMPENSATION IS DECIDED YEARLY AT THE BUDGET MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS WILL BE MADE AVAILABLE BY WRITTEN REQUEST TO THE ENTITY. SOME DOCUMENTS ARE AVAILABLE ON THE IRS WEBSITE. FORM 990, PART IX, LINE 24E UTILITIES: PROGRAM SERVICE EXPENSES 122,253. MANAGEMENT AND GENERAL EXPENSES 6,207. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 128,460. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 113,951. MANAGEMENT AND GENERAL EXPENSES 111. FUNDRAISING EXPENSES 320. TOTAL EXPENSES 114,382. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 1,128. MANAGEMENT AND GENERAL EXPENSES 82,133. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,261. SUPPLIES: PROGRAM SERVICE EXPENSES 73,163. MANAGEMENT AND GENERAL EXPENSES 2,166. FUNDRAISING EXPENSES 1,375. TOTAL EXPENSES 76,704. FUEL: PROGRAM SERVICE EXPENSES 36,830. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,830. GROUNDS MAINTENANCE: PROGRAM SERVICE EXPENSES 35,705. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,705. MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 17,543. MANAGEMENT AND GENERAL EXPENSES 6,153. FUNDRAISING EXPENSES 466. TOTAL EXPENSES 24,162. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 40. MANAGEMENT AND GENERAL EXPENSES 11,733. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,773. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 5,513. MANAGEMENT AND GENERAL EXPENSES 2,569. FUNDRAISING EXPENSES 3,325. TOTAL EXPENSES 11,407. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 3,128. MANAGEMENT AND GENERAL EXPENSES 150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,278. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 709. MANAGEMENT AND GENERAL EXPENSES 1,953. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,662. LICENSES, PERMITS AND FEES: PROGRAM SERVICE EXPENSES 1,395. MANAGEMENT AND GENERAL EXPENSES 970. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,365.