2024-10-28T19:53:02-05:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 041339830 FRAMINGHAM COUNTRY CLUB FRAM 5088729790 16 GATES STREET FRAMINGHAM MA 01702 CHRISTOPHER S COX TREASURER 5088729790 2024-10-14 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z CHRISTOPHER S COX 16 GATES STREET FRAMINGHAM MA 01702 8067237 0 X WWW.FRAMINGHAMCC.COM X 1902 MA THE FRAMINGHAM COUNTRY CLUB (THE "CLUB") SHALL STRIVE TO BE AN EXEMPLARY PRIVATE GOLF AND COUNTRY CLUB SERVING A DIVERSE MEMBERSHIP OF MEN AND WOMEN OF ALL RACES, RELIGIONS AND ETHNIC BACKGROUNDS BY PROVIDING MEMBERS WITH EXCELLENCE IN ITS GOLF COURSE, FACILITIES, SERVICE AND AMENITIES. 9 9 158 45 342358 16367 0 0 4614061 4582396 5067 119048 3422874 2380413 8042002 7081857 0 0 0 0 3308954 3898474 0 0 0 3370562 3116554 6679516 7015028 1362486 66829 9107590 9673250 5917715 6416546 3189875 3256704 THE FRAMINGHAM COUNTRY CLUB SHALL STRIVE TO BE AN EXEMPLARY PRIVATE GOLF AND COUNTRY CLUB SERVING A DIVERSE MEMBERSHIP OF MEN AND WOMEN OF ALL RACES, RELIGIONS AND ETHNIC BACKGROUNDS BY PROVIDING MEMBERS WITH EXCELLENCE IN ITS GOLF COURSE, FACILITIES, SERVICE AND AMENITIES. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 26 0 1 158 1 1 1 0 0 0 0 652897 459963 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X JO-ANN M JOHNSON 5088729790 16 GATES STREET FRAMINGHAM MA 01702 X JAKE SIMPSON PRESIDENT 5.00 X X 0 0 0 MICHAEL J TALMANSON FIRST VICE PRESIDENT 5.00 X X 0 0 0 DAVID SCOTT LEHMAN SECOND VICE PRESIDENT 5.00 X X 0 0 0 PHILIP NANOF SECRETARY 5.00 X X 0 0 0 CHRISTOPHER S COX TREASURER 5.00 X X 0 0 0 MICHELLE MARSEGLOA BOARD MEMBER 5.00 X 0 0 0 VICTOR GALVANI BOARD MEMBER 5.00 X 0 0 0 LAWRENCE H DORE JR BOARD MEMBER 5.00 X 0 0 0 ANDREW J GALLINARO BOARD MEMBER 5.00 X 0 0 0 MICHAEL METHOT GENERAL MANAGER 50.00 X 203250 0 7313 PATRICK DAL GOLF COURSE SUPERINTENDENT 55.00 X 224303 0 31576 MYAT S AW CLUBHOUSE MANAGER 50.00 X 111810 0 0 PETER CAMPANARIO BEVERAGE MANAGER 50.00 X 124884 0 10987 GRAHAM M CUNNINGHAM GOLF PROFESSIONAL 50.00 X 135195 0 31576 JO-ANN M JOHNSON CONTROLLER 50.00 X 123493 0 22158 RICHARD A KUNSCH EXECUTIVE CHEF 55.00 X 156809 0 18248 1079744 0 121858 7 0 1 0 0 MEMBERSHIP DUES 713910 3929499 3929499 CAPITAL ASSESSMENTS 713910 423022 423022 INITIATION FEES 713910 229875 229875 4582396 14881 14881 154000 49833 104167 104167 104167 2941044 935547 2005497 1678020 327477 INSURANCE PROCEEDS 900099 374916 374916 374916 7081857 6260416 342358 479083 466442 2745344 346728 339960 5847 23150 83114 277969 48678 550781 4197 46002 962756 161463 GOLF COURSE OPERATIONS 284111 CLUBHOUSE OPERATIONS 263215 OTHER DEPT. OPERATIONS 211344 FOOD & BEV OPERATIONS 147959 45968 7015028 1400 1400 859155 662726 694540 531674 85248 83167 169892 145144 21945099 13994232 7297355 7950867 298272 9107590 9673250 246956 199833 1045135 893694 4625624 5323019 5917715 6416546 X 3189875 3256704 3189875 3256704 9107590 9673250 66829 0 X 0 1 X 1 0 226017 226017 5819828 5062869 756959 7799955 6413065 1386890 8099299 2518298 5581001 7950867 MEMBERSHIP DEPOSITS & BONDS 4501707 LINE OF CREDIT 523040 OP LEASE LIAB 298272 5323019 7971436 935547 935547 7035889 45968 45968 7081857 7904607 935547 935547 6969060 45968 45968 7015028 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 935,547. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS-UP OF INSURANCE PROCEEDS 45,968. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 935,547. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS-UP OF FIRE DAMAGE EXPENSES 45,968. X X 0 0 0 PATRICK DAL GOLF COURSE SUPERINTENDENT 199303 0 25000 0 0 0 0 0 31576 0 255879 0 0 0 MICHAEL METHOT GENERAL MANAGER 180750 0 22500 0 0 0 0 0 7313 0 210563 0 0 0 RICHARD A KUNSCH EXECUTIVE CHEF 141809 0 15000 0 0 0 0 0 18248 0 175057 0 0 0 GRAHAM M CUNNINGHAM GOLF PROFESSIONAL 122695 0 12500 0 0 0 0 0 31576 0 166771 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A MEMBER ORGANIZATION AND THOSE MEMBERS HAVE THE RIGHT TO PARTICIPATE AND VOTE ON CLUB BUSINESS AS WELL AS HOLD A SHARE OF MEMBERS' EQUITY ON THE BALANCE SHEET. FORM 990, PART VI, SECTION A, LINE 7A CLUB MEMBERS ARE ENTITLED TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B SIGNIFICANT DECISIONS RELATING TO THE CLUB ARE BROUGHT BEFORE THE MEMBERS WHO ARE ENTITLED TO VOTE ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IN ITS ENTIRETY AND ITS RELATED FILINGS IS PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD FOR REVIEW AND DISCUSSED BETWEEN THE COMPTROLLER AND TREASURER PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS OF THE CLUB. THE BOARD REVIEWS AND APPROVED ALL TRANSACTIONS WITH POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF GOVERNORS IS RESPONSIBLE FOR MONITORING AND ENFORCING THE POLICY, WHICH IS DISCUSSED AND EVALUATED MONTHLY OR AS NECESSARY. IN THE CASE OF A POTENTIAL CONFLICT OF INTEREST, THE INTERESTED PERSON IS REMOVED FROM DELIBERATION, DISCUSSION AND/OR VOTES REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB COMPENSATES ONE KEY EMPLOYEE. THIS COMPENSATION IS DOCUMENTED IN A CONTRACT WITH THE CLUB, WHICH IS REVIEWED AND APPROVED BY THE BOARD OF GOVERNORS AND THE GREENS COMMITTEE CHAIR. THE REVIEW WAS NOTED IN THE BOARD'S MINUTES. COMPARABILITY DATA WAS UTILIZED IN 2010, AND THERE WERE NO CHANGES IN THE CURRENT YEAR, OTHER THEN A COST OF LIVING INCREASE. THE CLUB DID NOT COMPENSATE ANY OTHER INDIVIDUAL MEETING THE DEFINITION OF A KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE CLUB'S MEMBERS UPON WRITTEN REQUEST.