2024-11-12T10:49:15-06:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 133491367 ATLANTIC GOLF CLUB INC ATLA 6315371818 PO BOX 1890 1040 SCUTTLE HOLE RD BRIDGEHAMPTON NY 11932 THOMAS HUGHES PRESIDENT 6315371818 2024-10-30 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z THOMAS HUGHES PO BOX 1890 1040 SCUTTLE HOLE RD BRIDGEHAMPTON NY 11932 15750888 0 X WWW.ATLANTICGOLF.ORG X 1988 NY ATLANTIC GOLF CLUB IS A SOCIAL CLUB THE EMBODIES TRADITIONAL VALUES, A SELECT BUT DIVERSE MEMBERSHIP AND WAS FORMED FOR THE ENJOYMENT OF A SUPERB GOLFING EXPERIENCE. 11 11 104 11 655892 231186 0 0 10017223 12524450 1926 257086 2141492 2310390 12160641 15091926 0 0 0 0 6243620 6306164 0 0 0 4475419 4982676 10719039 11288840 1441602 3803086 39772999 43303528 5715608 6482801 34057391 36820727 ATLANTIC GOLF CLUB IS A SOCIAL CLUB THAT EMBODIES TRADITIONAL VALUES, A SELECT BUT DIVERSE MEMBERSHIP AND WAS FORMED FOR THE ENJOYMENT OF A SUPERB GOLFING EXPERIENCE IN A MAGNIFICENT SETTING. 0 0 TAX EXEMPT CLUB ACTIVITIES 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 50 0 1 104 1 1 1 0 0 0 0 5075000 575933 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X SCOTT KLOSTER GENERAL MANAGER 6315371818 1040 SCUTTLEHOLE ROAD BRIDGEHAMPTON NY 11932 X DENNIS A SUSKIND PRESIDENT 3.00 X X 0 0 0 THOMAS J HUGHES VICE PRESIDENT 3.00 X X 0 0 0 RALPH ROSENBERG TREASURER 3.00 X X 0 0 0 ERIC ROTHFELD SECRETARY 3.00 X X 0 0 0 DAVID HAMAMOTO GOVERNOR 3.00 X 0 0 0 GARY COHN GOVERNOR 3.00 X 0 0 0 JEFFREY GOLDENBERG GOVERNOR 3.00 X 0 0 0 CAMILLA LOCKER GOVERNOR 3.00 X 0 0 0 COREY METZ GOVERNOR 3.00 X 0 0 0 JACK IRUSHALMI GOVERNOR 3.00 X 0 0 0 ADAM SHAPIRO GOVERNOR 3.00 X 0 0 0 SCOTT KLOSTER GENERAL MANAGER 40.00 X 399502 0 55297 ANTHONY J STALTERS SUPERINTENDENT 40.00 X 264402 0 24163 RICHARD E HARTMANN GOLF PROFESSIONAL 40.00 X 645445 0 37380 COREY LAYTON ASST. GOLF PROFESSIONAL 40.00 X 141711 0 27538 DARRYL FORD EXECUTIVE CHEF 40.00 X 153363 0 46125 KAREN KOOI ASSISTANT GENERAL MANAGER 40.00 X 136751 0 31139 VERONIKA SEMSAKOVA CONTROLLER 40.00 X 156189 0 38998 1897363 0 260640 10 0 1 0 PAUL DICKINSON 89 DURYEA AVE MONTAUK NY 11954 TEACHING PROFESSIONAL 152105 RENEE SKIDMORE LLC 6206 MYRTLEWOOD CIRC W PALM BEACH GARDENS FL 33418 TEACHING PROFESSIONAL 132815 JOSE ANDRADE PAINTING 10 ARGONNE RD E HAMPTON BAYS NY 11946 PAINTING 128347 WJM CONSULTING LLC 59 ARCHIBALD WAY SAG HARBOR NY 11963 CONSULTING 125000 R&A CONSULTING SERVICES LLC 1967 MCGILL WAY MURRLLES INLET SC 29576 CONSULTING 125000 5 MEMBERSHIP DUES 713910 7449450 7449450 INITIATION FEES 713910 5075000 5075000 12524450 257086 257086 2969352 658962 2310390 1911584 398806 15091926 14436034 655892 0 743546 4227311 784522 550785 4753 29753 2406 386639 59110 242690 3389 21059 1707552 222981 UNRELATED BUS. INC. TAX 71050 GOLF COURSE OPERATIONS 1661530 OTHER DEPTS. OPERATIONS 250448 CLUBHOUSE OPERATIONS 196123 123193 11288840 395053 136842 2587355 5393781 492935 159562 0 15197 7655 336251 301549 235353 399217 59155463 23290358 35693434 35865105 17421 1039817 39772999 43303528 1005739 155436 17421 1039817 4692448 5287548 5715608 6482801 X 34057391 36820727 34057391 36820727 39772999 43303528 X 3803086 -1039750 X 0 1 X 1 0 X 1 12.71 1 0 7295180 7295180 21644767 14139973 7504794 4548588 3706638 841950 25666928 5443747 20223181 35865105 SPECIAL PURPOSE FUNDS 137548 REFUNDABLE LIMITED MEMBERSHIP 5150000 5287548 X X 1 1 X X X 0 0 0 RICHARD E HARTMANN GOLF PROFESSIONAL 625210 0 0 0 20235 0 13200 0 24180 0 682825 0 0 0 SCOTT KLOSTER GENERAL MANAGER 346480 0 0 0 53022 0 7779 0 47518 0 454799 0 0 0 ANTHONY J STALTERS SUPERINTENDENT 261271 0 0 0 3131 0 10525 0 13638 0 288565 0 0 0 DARRYL FORD EXECUTIVE CHEF 137232 0 13000 0 3131 0 5704 0 40421 0 199488 0 0 0 VERONIKA SEMSAKOVA CONTROLLER 144189 0 12000 0 0 0 6376 0 32622 0 195187 0 0 0 COREY LAYTON ASST. GOLF PROFESSIONAL 123911 0 10000 0 7800 0 5526 0 22012 0 169249 0 0 0 KAREN KOOI ASSISTANT GENERAL MANAGER 124751 0 12000 0 0 0 5621 0 25518 0 167890 0 0 0 PART I, LINE 1A A $12,000 VEHICLE ALLOWANCE IS PAID TO THE GENERAL MANAGER IN 12 MONTHLY INSTALLMENTS, THROUGH PAYROLL TO OFFSET HIS HOUSING COSTS. THE AMOUNT IS DETERMINED ANNUALLY DURING THE BOARD'S COMPENSATION REVIEW. GOLF COURSE SUPERINTENDENT SHALL RESIDE IN THE HOUSING FURNISHED ON THE CLUB'S GROUNDS DURING THE CONTRACT/EMPLOYMENT AGREEMENT PERIOD. UTILITY AND REPAIR & MAINTENANCE EXPENSES ARE PAID WHEN SUBSTANTIATED. DARRYL FORD EXECUTIVE CHEF HOME LOAN X 65000 7655 0 1 1 7655 FORM 990, PART VI, SECTION A, LINE 6 ATLANTIC GOLF CLUB, INC. (THE "CLUB") WAS FORMED AS A MEMBERS ONLY ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ONLY REGULAR MEMBERS IN GOOD STANDING SHALL BE ENTITLED TO THE PRIVILEGE OF VOTING AT ANY REGULAR OR SPECIAL MEETING OF THE CLUB. THIRTY (30) REGULAR MEMBERS CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. EACH REGULAR MEMBER SHALL BE ENTITLED TO ONE VOTE. ALL ACTIONS AND QUESTIONS SHALL BE DECIDED BY A MAJORITY VOTE. FORM 990, PART VI, SECTION A, LINE 7B BY-LAWS MAY BE MODIFIED, ALTERED, AMENDED OR REPEALED AT ANY ANNUAL OR SPECIAL MEETING CALLED FOR THAT PURPOSE, BY A TWO-THIRDS VOTE OF THE REGULAR MEMBERS VOTING ON SUCH MATTER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE CONTROLLER AND GENERAL MANAGER BEFORE BEING SUBMITTED TO THE TREASURER AND PRESIDENT FOR FURTHER REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE OFFICERS AND DEPARTMENT CHAIRMEN SEEK COMPARABLE DATA FROM SOURCES INCLUDING PROFESSIONAL TRADE ORGANIZATIONS, OTHER SIMILAR CLUBS AND ACCOUNTANTS WHEN NEGOTIATING COMPENSATION PACKAGES WITH KEY EMPLOYEES. COMPLETE BOARD OF GOVERNORS REVIEWS THE SAME DURING THE ANNUAL BUDGET APPROVAL PROCESS. EXECUTIVE OFFICERS AND DEPARTMENT CHAIRMEN SEEK COMPARABLE DATA FROM SOURCES INCLUDING PROFESSIONAL ORGANIZATIONS, NEIGHBORING CLUBS AND ACCOUNTANTS IN DETERMINING COMPENSATION. COMPLETE BOARD OF GOVERNORS REVIEWS THE SAME DURING THE ANNUAL BUDGET APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET CHANGE IN CERTIFICATES OF INDEBTEDNESS -1,039,750. 144 MAPLE LANE LLC PO BOX 1890 BRIDGEHAMPTON NY 11932 133491367 LAND HOLDING NY 1957135 CLUB ONE ROGERS COURT LLC PO BOX 1890 BRIDGEHAMPTON NY 11932 133491367 LAND HOLDING NY 2400000 CLUB 1