2024-11-21T07:48:14-06:00 2024-06-30 341663731 ZINNER & CO LLP 3201 ENTERPRISE PARKWAY SUITE 410 CLEVELAND OH 441227329 990 2023-07-01 340154300 THE CLIFTON CLUB CLIF 2165213051 17884 LAKE ROAD LAKEWOOD OH 44107 ANDREA BURGESS ATKINS TREASURER 2165213051 2024-11-18 1 0 SUSAN D KRANTZ P00233254 2168310733 2024-11-15 2023 2024-10-15 13:58:12Z KATHY STRINGER 17884 LAKE ROAD LAKEWOOD OH 44107 1903707 0 X WWW.CLIFTONCLUB.COM X 1902 OH THE CLIFTON CLUB IS A SOCIAL CLUB, THE PURPOSE OF WHICH IS TO PROMOTE THE MEANS OF ENTERTAINMENT, RECREATION AND ENJOYMENT FOR ITS MEMBERS AND THEIR GUESTS, AND TO PROVIDE CULTURE, INTELLECTUAL IMPROVEMENT, AND SOCIAL INTERACTION. 9 9 41 12 0 0 908691 980902 169133 207675 1576 3401 320435 356994 1399835 1548972 0 0 0 0 948188 1006483 0 0 0 500746 516849 1448934 1523332 -49099 25640 2017646 2048171 642219 646704 1375427 1401467 X THE CLIFTON CLUB IS A SOCIAL CLUB, THE PURPOSE OF WHICH IS TO PROMOTE THE MEANS OF ENTERTAINMENT, RECREATION AND ENJOYMENT FOR ITS MEMBERS AND THEIR GUESTS, AND TO PROVIDE CULTURE, INTELLECTUAL IMPROVEMENT, AND SOCIAL INTERACTION. 0 0 207675 THE CLIFTON CLUB IS A PREMIER DINING AND SOCIAL CLUB LOCATED ON AMERICA'S NORTH COAST IN LAKEWOOD, OHIO, A WESTERN SUBURB OF CLEVELAND. SINCE 1902, THE CLIFTON CLUB HAS BEEN ONE OF THE MOST PLEASANT PLACES TO VISIT AND SPEND TIME ON THE SHORES OF LAKE ERIE, PROVIDING A QUIET AND RELAXING EXPERIENCE WITH THE CONVENIENCE OF BEING CLOSE TO THE GREATER CLEVELAND AREA. TODAY, THE CLUB OFFERS ITS MEMBERS BEST-IN-CLASS SERVICE FROM A DEDICATED STAFF, MOUTHWATERING FOOD PREPARED BY A HIGHLY TRAINED AND EXPERIENCED CHEF, AND ALL THIS PROVIDED IN A BEAUTIFUL HISTORICAL BUILDING SITUATED 90 FEET ABOVE LAKE ERIE AT THE MOUTH OF ROCKY RIVER. OUR 3-STORY CLUBHOUSE PROVIDES A HAVEN FOR ITS MEMBERS AND THEIR GUESTS. IT IS A PLACE TO MEET, SOCIALIZE, AND ENJOY FINE FOOD AND IMPECCABLE SERVICE. THE CLUBHOUSE IS COMPOSED OF FORMAL AND INFORMAL DINING ROOMS AND LOUNGES, A PRIVATE DINING ROOM, A PUB, AS WELL AS A TERRACE OVERLOOKING OUR BEAUTIFUL PATIO AND MANICURED GARDENS. THE CLIFTON CLUB IS TRULY A RARE GEM AND A TREASURE OF LAKEWOOD, CLEVELAND AND ALL OF NORTHEAST OHIO. MEMBERSHIP AT JUNE 30, 2024 WAS COMPRISED OF THE FOLLOWING CATEGORIES:RESIDENT - 223 SOCIAL - 30 PARK - 43 RESIDENT MEMBERSHIP:RESIDE LESS THAN 50 MILES FROM CLUB; DINING PRIVILEGES;MEMBER EVENTS; NO RENTAL CHARGES/FEES FOR PRIVATE EVENTS; AVON OAKS GOLF PRIVILEGES; ADDITIONAL RECIPROCAL CLUB PRIVILEGES; CLIFTON BEACH ACCESS SOCIAL MEMBERSHIP:RESIDE LESS THAN 50 MILES FROM CLUB; DINING PRIVILEGES; MEMBER EVENTS; NO RENTAL CHARGES/FEES FOR PRIVATE EVENTS; AVON OAKS GOLF PRIVILGES; ADDITIONAL RECIPROCAL CLUB PRIVILEGES; NO CLIFTON BEACH ACCESS PARK MEMBERSHIP:RESIDE IN CLIFTON PARK OR CLIFTON LAGOONS; DINING PRIVILEGES; MEMBER EVENTS; NO RENTAL CHARGES/FEES FOR PRIVATE EVENTS; AVON OAKS GOLF PRIVILEGES; ADDITIONAL RECIPROCAL CLUB PRIVILEGES; CLIFTON BEACH ACCESS DEEDED TO CLIFTON PARK AND CLIFTON LAGOONS RESIDENTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 41 1 0 0 0 0 0 67500 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 X KATHY STRINGER 2165213051 17884 LAKE ROAD LAKEWOOD OH 44107 ANDREA BURGESS ATKINS TREASURER 2.00 X X 0 0 0 CLAIRE GAZDICK DIRECTOR 1.00 X 0 0 0 HUGH O'DONNELL PRESIDENT 5.00 X X 0 0 0 MATT CARSON DIRECTOR 1.00 X 0 0 0 MICHAEL BENTLEY PRESIDEN/EX OFFICIO 0.25 X X 0 0 0 MICHAEL FRUCHEY DIRECTOR 1.00 X 0 0 0 PATRICK BERRY DIRECTOR 1.00 X 0 0 0 MICHAEL HAMED VICE PRESIDENT 1.00 X X 0 0 0 BILL BARMANN SECRETARY 1.00 X X 0 0 0 DONNA KLEIN DIRECTOR 1.00 X 0 0 0 JOHN BURKE LEGAL ADVISOR 1.00 X 0 0 0 ROBERT STALL PARK ASSOCIATE OBSERVER 0.25 X 0 0 0 KATHY STRINGER GENERAL MANAGER 40.00 X 147542 0 0 147542 0 0 1 0 0 0 0 980902 980902 EMPLOYEE FUND 900099 140175 140175 INITIATION FEES 900099 67500 67500 207675 3401 3401 707534 354735 352799 352799 MISC REVENUE 900099 4195 4195 4195 1548972 564669 0 3401 156087 754455 19164 76777 29447 131235 16181 16316 31702 CLIFTON PARK ASSESSMENT 201336 OTHER CLUB EXPENSES 65975 PROFESSIONAL SERVICES 21055 PROCESSING FEES 3602 1523332 401220 341253 54016 46717 2020 5190 1642559 71310 1477802 1571249 4302 700 78286 83062 2017646 2048171 103507 121865 51943 53130 470726 458337 16043 13372 642219 646704 X 1375427 1401467 1375427 1401467 2017646 2048171 X 25640 400 X X 1 X 0 1 0 19060 19060 1577819 36188 1541631 45680 35122 10558 1571249 DEPOSITS 2450 OPERATING LEASE LIABILITY 10922 13372 X PART X, LINE 2: THE CLUB QUALIFIES AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS EXEMPT FROM INCOME TAXES. THE CLUB HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND DOES QUALIFY FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). AS OF JULY 1, 2023 AND FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THE CLUB HAD NOT ENGAGED IN ANY ACTIVITY WHICH MANAGEMENT CONSIDERS TO BE ACTIVITY THAT COULD RESULT IN A LOSS OF ITS 501(C)(7) IRS DESIGNATION. ADDITIONALLY, MANAGEMENT DOES NOT CONSIDER ANY OF THE ACTIVITY OF THE CLUB TO BE CONSIDERED UNRELATED BUSINESS INCOME THAT COULD RESULT IN INCOME TAX FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THERE WAS NO TAX INTEREST OR PENALTIES REFLECTED IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES OR IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THE CLUB FOLLOWS GAAP FOR UNCERTAINTY IN INCOME TAXES. THE CLUBS INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE CLUBS ACTIVITIES, THE CLUB BELIEVES ITS POSITION OF TAX-EXEMPT STATUS IS APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. FORM 990, PART I, LINE 6 IN ADDITION TO ALL OF THE BOARD MEMBERS WHO ARE VOLUNTEERS, CERTAIN FORMER BOARD MEMBERS ASSIST WITH THE CLUB'S STRATEGIC AND OPERATIONAL PLANNING. FORM 990, PART VI, SECTION A, LINE 6 EACH INDIVIDUAL RESIDENT MEMBER IS A STOCKHOLDER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL OF MEMBER AMENDMENTS TO THE CODE OF REGULATIONS REQUIRE MEMBERSHIP TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY A CPA, REVIEWED BY THE TREASURER AND THEN DISTRIBUTED TO THE BOARD BEFORE BEING ELECTRONICALLY FILED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION PROCESS FOR THE TOP OFFICIAL IS THE CHAIR ANNUALLY EVALUATES THE PERFORMANCE OF THE GENERAL MANAGER. COMPENSATION IS BASED ON PERFORMANCE AND COMPARED TO OTHER AREA CLUBS OF SIMILAR SIZE. FORM 990, PART VI, SECTION C, LINE 19 THE CLIFTON CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: MEMBER STOCK ADDITIONS AND REDEMPTIONS 400. FORM 990, PART XII, LINE 2C: THERE ARE NO CHANGES FROM THE PRIOR YEAR REGARDING THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. 17882 LAKE ROAD LLC 17882 LAKE ROAD LAKEWOOD OH 44107 RENTAL RE OH 0