2024-09-16T08:48:39-05:00 2023-10-31 160765486 LUMSDEN & MCCORMICK LLP 369 FRANKLIN STREET BUFFALO NY 14202 990 2022-11-01 160623120 SATURN CLUB SATU 7168848800 977 DELAWARE AVE BUFFALO NY 14209 ROBERT SETH CONTROLLER 7168848800 2023-09-15 1 1 ROBERT S TORELLA P03156259 7168563300 2024-09-16 2022 2024-08-08 14:25:15Z ROBERT SETH 977 DELAWARE AVE BUFFALO NY 14209 3491147 0 X WWW.SATURNCLUB.ORG X 1885 NY THE SATURN CLUB WAS FORMED TO PROMOTE SOCIAL INTERACTION AMONG ITS MEMBERS. THIS IS... ACCOMPLISHED THROUGHOUT THE YEAR BY THE SUCCESSFUL PLANNING AND EXECUTION OF MEMBER EVENTS, LECTURES, GROUP OUTINGS TO CULTURAL EVENTS, ATHLETIC TOURNAMENTS, THE RENOVATION AND MAINTENANCE OF CLUB FACILITIES AND OFFERING A LA CARTE DINING AND BANQUET FACILTIES. 12 12 114 63 -113287 0 117334 191811 1715315 1698813 0 0 -260394 -244626 1572255 1645998 0 0 0 0 617484 742008 0 0 0 1121958 1158397 1739442 1900405 -167187 -254407 4319019 4106401 2010603 2052392 2308416 2054009 SATURN CLUB'S MISSION IS TO PROMOTE SOCIAL INTERACTION AMONG ITS MEMBERS. 0 0 THE SATURN CLUB IS A NOT-FOR-PROFIT SOCIAL CLUB FORMED TO PROMOTE SOCIAL INTERACTION AMONG ITS MEMBERS. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 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 1 36 0 1 114 1 1 1 0 0 0 0 222861 590429 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ROBERT SETH 7168848800 977 DELAWARE AVENUE BUFFALO NY 14209 ROBERT L MILLER JR DEAN 12.00 X X 0 0 0 GEORGE TERHAAR VICE DEAN 8.00 X X 0 0 0 DEBORAH DIMATTEO BURSAR 10.00 X X 0 0 0 GINA LAPLANTE REGISTRAR 10.00 X X 0 0 0 LAURIE BLOOM DIRECTOR 5.00 X 0 0 0 JOSEPH R COSTANTINI DIRECTOR 5.00 X 0 0 0 ELIZABETH C GRAVES DIRECTOR 5.00 X 0 0 0 MICHAEL JOHN DIRECTOR 5.00 X 0 0 0 CARLISLE LIPKE MITCHELL DIRECTOR 5.00 X 0 0 0 GEORGE E RIEDEL JR DIRECTOR 5.00 X 0 0 0 TREVOR TORCELLO DIRECTOR 5.00 X 0 0 0 DAVID WOLF DIRECTOR 5.00 X 0 0 0 PETER FLORCZAK GENERAL MANAGER/COO EFFECTIVE 12/2022 50.00 X 8357 0 729 ROBERT SETH GENERAL MANAGER THRU 11/22 & CONTROLLER EFF. 12/22 40.00 X 102405 0 20490 110762 0 21219 1 0 0 0 0 191811 191811 MEMBERSHIP DUES 713910 1298181 1298181 MEMBERSHIP ASSESSMENTS 713910 358926 358926 OVERNIGHT ROOM RENTAL 721000 24409 24409 17297 17297 1698813 1600523 1845149 -244626 -131339 -113287 1645998 1567474 -113287 0 223451 303094 12905 43219 159339 81912 2750 128350 14194 39458 179686 73125 289937 68591 REPAIRS AND MAINTENANCE 104642 SERVICE AGREEMENTS/RENT 52394 ENTERTAINMENT 43867 LAUNDRY,UNIFORMS,SUPPLI 18311 61180 1900405 162534 105111 348727 332340 308964 287097 74991 72274 14545 17143 8741369 5448933 3409258 3292436 4319019 4106401 254963 310936 322010 359131 1433630 1382325 2010603 2052392 X 2308416 2054009 2308416 2054009 4319019 4106401 -254407 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 148453 148453 5663535 3058235 2605300 2247564 1850550 397014 681817 540148 141669 3292436 3491147 1845149 1845149 1645998 0 1645998 3745554 1845149 1845149 1900405 0 1900405 FORM 990 PART XII LINE 2D PART XI LINE 2D AND PART XII LINE 2D REPRESENT THE COST OF GOODS SOLD NETTED AGAINST SALES FOR 990 PURPOSES. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS SEVERAL MEMBERSHIP CLASSES INCLUDING RESIDENT, NON-RESIDENT, CLERGY, MILITARY, VETERAN, HONORARY, WIDOW, CLASS E (GARRET CLUB MEMBERS), SPECIAL WIDOWS, SPOUSAL, AND GUEST MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE FACULTY (GOVERNING BOARD) ARE ELECTED BY THE MEMBERSHIP ANNUALLY FOR A THREE YEAR TERM. VOTING CLASSES ARE RESIDENT, NON-RESIDENT, CLERGY, MILITARY, HONORARY, SPOUSAL, AND VETERAN MEMBERS. CLASS E, GUEST MEMBERS, WIDOWS AND SPECIAL WIDOWS DO NOT HAVE VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS THAT CHANGE OR MODIFY THE CLUB'S CONSTITUTION SUCH AS DUES INCREASE OR MODIFICATION OF THE OPERATING ASSESSMENT LEVELS, REQUIRE A SPECIAL MEETING OF THE MEMBERSHIP. ADDING A NEW CLASS OF MEMBERSHIP IS ANOTHER EXAMPLE OF A DECISION THAT WOULD REQUIRE A VOTE OF THE MEMBERSHIP. MEMBERS WITH VOTING PRIVILEGES ARE NOTED ABOVE. SPECIAL MEETINGS ARE CALLED BY NOTICE TO THE MEMBERSHIP TEN DAYS PRIOR TO SPECIAL MEETING AND POSTED IN THE CLUBHOUSE. FIFTY VOTING MEMBERS CONSTITUTE A QUOROM AT ANY MEETING. THE CONSTITUION MAY BE AMENDED BY A VOTE OF 3/4 OF ALL THE VOTING MEMBERS PRESENT AT SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 11B THIS 990 IS REVIEWED AND SIGNED BY THE CLUB'S GENERAL MANAGER AND REVIEWED BY THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB'S CONFLICT OF INTEREST POLICY IS MONITORED AND DISCUSSED AT "FACULTY" MEETINGS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER'S SALARY IS REVIEWED BY THE GOVERNING BOARD UNDER THE DIRECTION OF THE DEAN AND BURSAR. PERFORMANCE GOALS ARE SET EACH YEAR AND MONITORED THROUGHOUT THE YEAR TO DETERMINE ANY SALARY ADJUSTMENTS AND ANNUAL BONUS AMOUNTS. ANY CHANGES TO THE GENERAL MANAGER'S COMPENSATION PACKAGE IS COMMUNICATED TO THE CLUB'S CONTROLLER IN WRITING. FORM 990, PART VI, SECTION C, LINE 19 THE SATURN CLUB DOES NOT MAKE GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC. ANNUAL FINANCIAL STATEMENTS ARE PROVIDED TO THE MEMBERSHIP AND TO FINANCIAL INSTITUTIONS WITH WHOM THE CLUB TRANSACTS BUSINESS. FORM 990, PART XIII, LINE 2C THE PROCESS HAS NOT CHANGED OVER THE PRIOR YEAR.