2024-09-15T23:48:19-05:00 2023-10-31 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2022-11-01 620291410 THE MEMPHIS COUNTRY CLUB MEMP 9014522131 600 GOODWYN STREET MEMPHIS TN 381112213 JIMMY VAN FRANK CONTROLLER/CFO 9014522131 2024-09-15 1 1 KELLY S CROW P01519168 9016822431 2024-09-15 2022 2024-08-08 14:25:15Z JIMMY VAN FRANK 600 GOODWYN STREET MEMPHIS TN 381112213 14628591 0 X N/A X 1905 TN SOCIAL AND RECREATIONAL CLUB PROVIDING ACTIVITIES TO ITS MEMBERS. 10 10 205 11 224473 80025 5843705 6183325 2081979 2404875 11063 19720 6908653 4225874 14845400 12833794 0 0 0 0 5606966 6692611 0 0 0 4458558 5489814 10065524 12182425 4779876 651369 35215272 44957498 17802847 23214297 17412425 21743201 SOCIAL AND RECREATIONAL CLUB PROVIDING ACTIVITIES TO ITS MEMBERS. 0 0 8007931 6425996 RESTAURANT AND BAR SALES, SPORTS AND HEALTH ACTIVITIES WERE PROVIDED TO AN ESTIMATED 1,000 MEMBERS. 8007931 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 35 0 1 205 1 1 1 0 0 0 0 3209556 236465 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 X JIMMY VAN FRANK 9013216551 600 GOODWYN STREET MEMPHIS TN 38111 J MCCOWN SMITH JR PRESIDENT 1.00 X 0 0 0 ROBERT F FOGELMAN II 1ST VICE PRESIDENT 1.00 X 0 0 0 RAYMOND M DEARMAN JR 2ND VICE PRESIDENT & TREAS 1.00 X 0 0 0 JOHN C DILLON III SECRETARY 1.00 X 0 0 0 DAVID L BOURLAND ATTORNEY 1.00 X 0 0 0 BENJAMIN W BARKSDALE GOLF CHAIR 1.00 X 0 0 0 WHITNEY H BRICKEN TENNIS CHAIR 1.00 X 0 0 0 PHILIP M LEWIS II POOL & ENTERTAINMENT CHAIR 1.00 X 0 0 0 GILBERT A ROBINSON IV HEALTH CLUB CHAIR 1.00 X 0 0 0 JAMES A WEST HOUSE CHAIR 1.00 X 0 0 0 JUDSON O WILLIFORD JR MEMBERSHIP CHAIR 1.00 X 0 0 0 MICHAEL E BABB GENERAL MANAGER 40.00 X 273612 0 30100 JAMES R VAN FRANK JR CONTROLLER/CFO 40.00 X 167329 0 8394 ANDREW CAIN HEAD GOLF PROFESSIONAL 40.00 X 187172 0 1790 JASON BRADLEY GOLF COURSE SUPERINTENDENT 40.00 X 165796 0 13812 ANDREW W NICHOLS EXECUTIVE CHEF 40.00 X 173347 0 4719 ROBERT T KENNA CLUBHOUSE MANAGER 40.00 X 103175 0 6661 LARS JOHAN SVENSSON HEAD TENNIS PROFESSIONAL 40.00 X 127506 0 17427 1197937 0 82903 9 0 1 0 0 6183325 6183325 MERCHANDISE SALES 713910 659367 659367 TENNIS FEES 713910 656823 656823 GOLF FEES 713910 649169 560636 88533 LOCKER RENTALS 713910 141095 141095 ROOM RENTALS 713910 122256 122256 176165 176165 2404875 81025 81025 12000 73305 -61305 -61305 -61305 2737810 1721492 1016318 961403 54915 CAPITAL IMPROVEMENT ASSESSMENTS 713910 3185556 3185556 INITIATION FEES 713910 24000 24000 3209556 12833794 6425996 224473 0 479435 479435 4832205 3699465 1132740 924558 576151 348407 456413 317883 138530 528175 220424 307751 633376 244950 388426 369274 369274 1761804 1761804 253211 233211 20000 REPAIRS & MAINTENANCE 670040 274398 395642 SUPPLIES 471438 424645 46793 ENTERTAINMENT & WEDDING 275071 0 275071 SECURITY 272425 0 272425 255000 255000 12182425 8007931 4174494 0 1090380 78205 455600 477505 900829 882207 567957 584320 401478 556072 83616 110862 59944933 21687970 30430372 38256963 522444 567422 0 2791209 762596 652733 35215272 44957498 2492072 2194266 1769212 57063 12439857 19674466 1101706 1288502 17802847 23214297 X 17412425 21743201 17412425 21743201 35215272 44957498 X 651369 2796725 882682 X X 0 1 X 1 0 12634972 12634972 40469771 16618928 23850843 6734195 5069042 1665153 105995 105995 38256963 EMPLOYEE RECOGNITION LIABLITY 567422 DEPOSITS ON PENDING MEMBERSHIPS 57000 CAPITAL LEASE OBLIGATIONS 389139 OPERATIONAL LEASE OBLIGATIONS 274941 1288502 X 17352012 2796726 2796726 14555286 -1721492 -1721492 12833794 13903917 1721492 1721492 12182425 0 12182425 PART X, LINE 2: IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE CLUB RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO AMOUNTS HAVE BEEN RECOGNIZED IN OPERATING EXPENSES FOR THE YEARS ENDING OCTOBER 31, 2023 AND 2022. THE CLUB IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -1,721,492. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,721,492. RENTAL EXPENSES X 0 1 0 MICHAEL E BABB GENERAL MANAGER 236612 0 37000 0 0 0 0 0 30100 0 303712 0 0 0 JAMES R VAN FRANK JR CONTROLLER/CFO 133829 0 33500 0 0 0 0 0 8394 0 175723 0 0 0 ANDREW CAIN HEAD GOLF PROFESSIONAL 179372 0 7800 0 0 0 0 0 1790 0 188962 0 0 0 JASON BRADLEY GOLF COURSE SUPERINTENDENT 156196 0 9600 0 0 0 0 0 13812 0 179608 0 0 0 ANDREW W NICHOLS EXECUTIVE CHEF 160347 0 13000 0 0 0 0 0 4719 0 178066 0 0 0 PART I, LINE 4B MICHAEL BABB PARTICIPATES IN THE CLUB'S NON-QUALIFIED DEFERRED COMPENSATION PLAN. DURING THE CURRENT YEAR, THE CLUB MADE $8,607 IN PLAN CONTRIBUTIONS FOR MICHAEL BABB. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS REGULAR RESIDENT MEMBERS WHO HAVE PURCHASED AN EQUITABLE SHARE OF THE ORGANIZATION. THEY HAVE THE RIGHT TO BE ELECTED TO THE BOARD OF DIRECTORS, AND THEY HAVE A VOTE IN SELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY, THE BOARD OF DIRECTORS, IS ELECTED FROM REGULAR RESIDENT MEMBERS OF THE ORGANIZATION. EVERY REGULAR RESIDENT MEMBER HAS A VOTE FOR WHO SHOULD BE ON THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HANDLES ALL OF THE SIGNIFICANT DECISIONS OF THE ORGANIZATION. THE ELECTION FOR THE BOARD OF DIRECTORS IS HELD ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B AFTER PREPARATION OF THE FORM 990 AND THE FORM 990-T, THE RETURNS ARE SUBMITTED TO THE CLUB'S MANAGEMENT FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 NONE OF THE DOCUMENTS MENTIONED IN QUESTION 19 ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET SALE (PURCHASE) OF TREASURY CERTIFICATES 31,200. CAPITAL CONTRIBUTIONS FROM MEMBERS 851,482. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.