2024-11-01T12:58:20-05:00 2023-12-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14TH FLOOR GLENDALE CA 91203 990 2023-01-01 770247484 NORTH RANCH COUNTRY CLUB NORT 8054961995 4761 VALLEY SPRING DRIVE WESTLAKE VILLAGE CA 91362 STAN SPEER TREASURER 8054961995 2024-11-01 1 0 MARK J HENNELLY P00982999 8186375000 2023 2024-10-15 13:58:12Z 4761 VALLEY SPRING DRIVE WESTLAKE VILLAGE CA 91362 27643454 0 X NORTHRANCHCC.ORG X 1976 CA NORTH RANCH COUNTRY CLUB IS A NON-PROFIT SOCIAL CLUB ORGANIZED FOR THE USE OF THE MEMBERS OF THE CLUB. 11 11 234 0 354580 101350 0 0 16013351 21341268 -13376 120399 66838 -369516 16066813 21092151 0 0 0 0 5917454 6236823 0 0 0 8342486 8608731 14259940 14845554 1806873 6246597 40731619 48000759 10668826 11692125 30062793 36308634 THE NATURE AND PURPOSE OF NORTH RANCH COUNTRY CLUB, A CALIFORNIA NONPROFIT MUTUAL BENEFIT CORPORATION (THE "CLUB") IS TO OWN AND OPERATE THE CLUB FACILITIES AS A PRIVATE COUNTRY CLUB FOR THE RECREATION, PLEASURE, AND BENEFIT OF ITS MEMBERS. 0 0 PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS. 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 1 111 0 234 1 1 1 0 0 0 1 1 1116261 1026412 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JONATHAN WESTBROOK 8054961995 4761 VALLEY SPRING DRIVE WESTLAKE VILLAGE CA 91362 X CLYDE CLIFFORD PRESIDENT 10.00 X X 0 0 0 CHARLEY JOHNSON VICE PRESIDENT 10.00 X X 0 0 0 MICHAEL SILVER SECRETARY 10.00 X X 0 0 0 STAN SPEER TREASURER 10.00 X X 0 0 0 JOHN DUHADWAY DIRECTOR 10.00 X 0 0 0 WALT WABBY DIRECTOR 10.00 X 0 0 0 GREG LINZNER DIRECTOR 10.00 X 0 0 0 RICH KLOCH DIRECTOR 10.00 X 0 0 0 JEFF DWORMAN DIRECTOR 10.00 X 0 0 0 JILL PFANNKUCH DIRECTOR 10.00 X 0 0 0 BARRY WISHENGRAD DIRECTOR 10.00 X 0 0 0 JENNY DUCE GENERAL MANAGER 40.00 X 307083 0 27562 SCOTT MILLER DIRECTOR OF GOLF 40.00 X 180545 0 24017 MARK REED SUPERINTENDENT 40.00 X 235557 0 23214 DANIEL DAOUD CLUBHOUSE MANAGER 40.00 X 162467 0 19928 EDWIN ROE EXECUTIVE CHEF 40.00 X 206840 0 14759 KRIS JORDAN DIRECTOR OF RACQUETS 40.00 X 191181 0 17050 1283673 0 126530 6 0 1 0 0 MEMBERSHIP DUES 713910 11636084 11636084 ASSESSMENT 713910 6096000 6096000 GOLF ACTIVITIES 713910 1584713 1310058 274655 TREASURY SALES 713910 1111261 1111261 TENNIS FEES 713910 515394 515394 397816 397816 21341268 121170 121170 771 -771 -771 -771 6181016 6550532 -369516 -328271 -41245 21092151 20737571 354580 0 X 334645 4705744 848686 347748 231008 1436051 384673 GOLF COURSE OPERATING E 1495968 UTILITIES 1394075 OUTSIDE SERVICES 681687 REPAIRS AND MAINTENANCE 630026 2355243 14845554 1097300 961747 2359686 6380370 2406295 4311830 514734 546106 160820 201633 56213868 21092686 33524806 35121182 667978 477891 40731619 48000759 3680339 1912736 392086 388356 6596401 9391033 10668826 11692125 X 30062793 36308634 30062793 36308634 40731619 48000759 X 6246597 -756 X 0 1 X 1 0 3900000 3900000 19330697 8688190 10642507 22102237 6510840 15591397 5512411 3779736 1732675 5368523 2113920 3254603 35121182 CONSTRUCTION LINE OF CREDIT 8746549 OPERATING LEASE OBLIGATION 432974 FINANCE LEASE OBLIGATION 211510 9391033 X 27643453 6551302 6551302 21092151 0 21092151 21397612 6552058 6552058 14845554 0 14845554 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL AND STATE TAXES ON INCOME AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(7). HOWEVER, THE TAX REFORM ACT OF 1969 DOES PROVIDE FOR THE ASSESSMENT OF TAXES ON UNRELATED BUSINESS INCOME. THIS IS GENERALLY DEFINED TO INCLUDE INTEREST INCOME AND, IF APPLICABLE, THE NET PROFIT FROM NONMEMBER SOURCES, SUCH AS FOOD AND BEVERAGE ACTIVITIES. THERE WAS NO PROVISION FOR INCOME TAXES REQUIRED FOR EACH OF THE YEARS ENDED DECEMBER 31, 2023 AND 2022. AS OF DECEMBER 31, 2023, THE CLUB BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2023, THE CLUB'S 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 ADJUSTMENTS: COST OF GOODS SOLD 6,550,532. LOSS ON DISPOSAL 770. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,550,532. LOSS ON DISPOSAL 770. FUEL TAX CREDIT 756. X X X 0 0 0 JENNY DUCE GENERAL MANAGER 237083 0 70000 0 0 0 11883 0 15679 0 334645 0 0 0 MARK REED SUPERINTENDENT 208057 0 27500 0 0 0 8996 0 14218 0 258771 0 0 0 EDWIN ROE EXECUTIVE CHEF 192840 0 14000 0 0 0 0 0 14759 0 221599 0 0 0 KRIS JORDAN DIRECTOR OF RACQUETS 95003 0 4000 0 92178 0 0 0 17050 0 208231 0 0 0 SCOTT MILLER DIRECTOR OF GOLF 139966 0 25000 0 15579 0 6967 0 17050 0 204562 0 0 0 DANIEL DAOUD CLUBHOUSE MANAGER 147467 0 15000 0 0 0 5300 0 14628 0 182395 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE MEMBERS ATTEND AN ANNUAL ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - AT THE ANNUAL MEETING OF THE MEMBERSHIP, THE MEMBERS OF THE CLUB APPROVE ANY CHANGES TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE TREASURER REVIEWS FORM 990 AND 990-T PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS AND EACH OFFICER AND MEMBER OF MANAGEMENT OF THIS CORPORATION IS REQUIRED TO DISCLOSE TO THE GENERAL MANAGER AND/OR BOARD AS REQUIRED THE MATERIAL FACTS AS TO ANY RELATIONSHIP OR INTEREST AND ANY DIRECT OR INDIRECT FINANCIAL BENEFIT OF ANY CONTEMPLATED CONTRACT OR TRANSACTION THAT MAY CREATE A CONFLICT OF INTEREST. ENFORCEMENT OF THIS POLICY IS MONITORED AND ANY FAILURE TO COMPLY WILL RESULT IN THE APPROPRIATE DISCIPLINARY ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS EXECUTIVE AND SENIOR MANAGEMENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE SUCH DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E SUPPLIES 579,157. A&G OPERATING EXPENSES 522,855. PROPERTY TAXES 324,092. ENTERTAINMENT & DECORATIONS 311,054. F&B OPERATING EXPENSE 244,562. LEGAL AND PROFESSIONAL 72,503. PROSHOP OPERATING EXPENSE 71,534. MEMBERSHIP & MARKETING 69,500. BAD DEBTS 42,595. TENNIS OPERATING EXPENSE 31,285. CORPORATE TAXATION 28,000. LOCKER ROOMS OPERATING EXPENSE 24,446. ATHLETIC CENTER OPERATING EXPENSE 24,283. POSTAGE 5,156. PRINTING & STATIONARY 4,977. FUEL TAX CREDIT -756. FORM 990, PART XI, LINE 9: FUEL TAX CREDIT -756.