2024-12-06T18:05:52-06:00 2024-01-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14TH FLOOR GLENDALE CA 91203 990 2023-02-01 951378850 WILSHIRE COUNTRY CLUB WILS 3239341121 301 NORTH ROSSMORE AVENUE LOS ANGELES CA 90004 JOHN SHIPKA PRESIDENT 3239341121 2024-12-06 1 0 MARK J HENNELLY P00982999 8186375000 2023 2024-10-15 13:58:12Z 301 NORTH ROSSMORE AVENUE LOS ANGELES CA 90004 24636817 0 X WWW.WILSHIRECOUNTRYCLUB.COM X 1919 CA TO PROMOTE AND FURTHER THE GAME OF GOLF AND TO PROVIDE PLEASURE, RECREATION, AND SOCIAL BENEFIT FOR ITS MEMBERS. 10 10 140 0 714330 55182 0 0 11621735 19338727 5045 67903 549354 459397 12176134 19866027 0 0 0 0 4724001 5138801 0 0 0 5591117 5767482 10315118 10906283 1861016 8959744 22243546 30532815 4000838 3332041 18242708 27200774 TO PROMOTE AND FURTHER THE GAME OF GOLF AND TO PROVIDE PLEASURE, RECREATION, AND SOCIAL BENEFIT FOR 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 1 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 1 122 0 140 1 1 1 0 0 0 1 1 2047233 1697197 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X WILSHIRE COUNTRY CLUB 3239341121 301 N ROSSMORE AVE LOS ANGELES CA 90004 X BRADFORD HUGHES PRESIDENT 4.00 X X 0 0 0 DREW BUCKLEY VICE PRESIDENT 4.00 X X 0 0 0 DUANE LYONS SECRETARY 4.00 X X 0 0 0 THOMAS WEISSENBORN TREASURER 4.00 X X 0 0 0 JAY ACKERMAN DIRECTOR 4.00 X 0 0 0 ROBIN CARR DIRECTOR 4.00 X 0 0 0 DEBRA HEAP DIRECTOR 4.00 X 0 0 0 ALAN JOHNSON DIRECTOR 4.00 X 0 0 0 NEEL JOSHI DIRECTOR 4.00 X 0 0 0 CARL MEYER DIRECTOR 4.00 X 0 0 0 DANIEL ENZLER GENERAL MANAGER 40.00 X 308938 0 52500 PATRICK RIELLY JR DIRECTOR OF GOLF 40.00 X 259979 0 45866 BRIAN THOMAS SULLIVAN DIR OF AGRONOMY 40.00 X 204992 0 24975 JANICE RISCINTO CONTROLLER 40.00 X 169546 0 51261 ANA LAURA MOYA ASST. GM 40.00 X 167417 0 34753 MARK MURRAY GOLD EXECUTIVE CHEF 40.00 X 205030 0 50597 1315902 0 259952 6 0 1 0 VESTA FOODSERVICE PO BOX 2293 SANTA FE SPRINGS CA 90670 FOOD PRODUCTS 311609 HARRELL'S LLC PO BOX 807 LAKELAND FL 33802 FERTILIZER & CHEMICALS 187160 ENHANCED LANDSCAPE MANAGEMENT LLC 28447 WITHERSPOON PARKWAY VALENCIA CA 91355 LANDSCAPING 106838 3 MEMBERSHIP DUES 713910 7742324 7742324 CAPITAL ASSESSMENT 713910 6743125 6743125 ADMISSION FEES 713910 2047233 2047233 GREEN & TOURNAMENT FEES 713910 1061066 520901 540165 CAPITAL DUES 713910 909518 909518 835461 822530 12931 19338727 67903 67903 5230187 4770790 459397 366066 93331 19866027 19151697 714330 0 X 361439 3714307 115684 630938 316433 44495 1519681 134292 UTILITIES 806132 GOLF COURSE OPERATING E 609974 REPAIRS & MAINTENANCE 604460 SUPPLIES 368148 1680300 10906283 4943696 2302520 548470 3787978 473867 332060 403531 407400 857443 800652 36128899 19910702 14724785 16218197 717183 291754 5966825 22243546 30532815 1950065 1897077 867331 650659 1183442 784305 4000838 3332041 X 18242708 27200774 18242708 27200774 22243546 30532815 X 8959744 -1031 -647 X 0 1 X 1 0 312501 312501 15473172 8678804 6794368 2383368 1327063 1056305 17959858 9904835 8055023 16218197 ROU ASSETS 170031 GOLF COURSE RESTORATION PROJECT ASSESSMENT RECEIVABLE 5796794 5966825 FINANCE LEASES 462703 OTHER LIABILITIES 151571 ROU OPERATING LEASES 170031 784305 X 24636817 4770790 4770790 19866027 0 19866027 15678751 4772468 4772468 10906283 0 10906283 PART X, LINE 2: THE CLUB IS TAX EXEMPT AS A SOCIAL CLUB UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND SECTION 23701G OF THE CALIFORNIA REVENUE AND TAXATION CODE. HOWEVER, THE TAX REFORM ACT OF 1969 PROVIDES FOR THE ASSESSMENT OF TAXES ON WHAT IS TERMED UNRELATED BUSINESS INCOME. THIS IS GENERALLY DEFINED TO REPRESENT SUCH FORMS OF UNRELATED INCOME AS INVESTMENT INCOME AND RENTAL INCOME. AS A 501(C)(7) ORGANIZATION, THE CLUB IS LIMITED IN THE AMOUNT OF REVENUE THAT CAN BE GENERATED FROM NONMEMBER SOURCES. TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JANUARY 31, 2024, THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISLOSURE IN THE FINANCIAL STATEMENTS. AS OF JANUARY 31, 2024, THE CLUB'S ANNUAL TAX FILINGS FOR THE PRIOR THREE YEARS ARE OPEN FOR AUDIT BY FEDERAL TAX AGENCIES AND FOUR YEARS FOR STATE TAX AGENCIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,770,790. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,770,790. FUEL TAX CREDIT 647. UNREALIZED LOSS 1,031. X X X X 0 0 0 DANIEL ENZLER GENERAL MANAGER 268238 0 32900 0 7800 0 10798 0 41702 0 361438 0 0 0 PATRICK RIELLY JR DIRECTOR OF GOLF 213342 0 23150 0 23487 0 14577 0 31289 0 305845 0 0 0 MARK MURRAY GOLD EXECUTIVE CHEF 188096 0 16934 0 0 0 8228 0 42369 0 255627 0 0 0 BRIAN THOMAS SULLIVAN DIR OF AGRONOMY 162992 0 42000 0 0 0 12815 0 12160 0 229967 0 0 0 JANICE RISCINTO CONTROLLER 153996 0 15550 0 0 0 6886 0 44375 0 220807 0 0 0 ANA LAURA MOYA ASST. GM 139267 0 28150 0 0 0 6697 0 28056 0 202170 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE CLUB HAS EQUITY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - IT IS REQUIRED BY THE BYLAWS FOR MEMBERS OR STOCKHOLDERS TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MEMBERS OF THE CLUB APPROVE CHANGES TO THE ORGANIZATION'S BYLAWS AND CERTAIN ASSESSMENTS AND OTHER DECISIONS AS OUTLINED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE CLUB'S CPA FIRM PREPARES THE 990 WHICH IS THEN REVIEWED AND RECONCILED TO THE FINANCIAL STATEMENTS BY THE CLUB'S CONTROLLER. THE FINANCE COMMITTEE REVIEWS/APPROVES THE 990. IT IS THEN REVIEWED BY THE BOARD OF DIRECTORS AND SIGNED BY THE APPROPRIATE OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB STRONGLY ENFORCES ITS CONFLICT OF INTEREST POLICY TO ENSURE ALL INTERESTED PARTIES ARE IN COMPLIANCE BOARD MEMBERS MUST SIGN THE CONFLICT OF INTEREST POLICY UPON JOINING THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEES ARE GIVEN AN ANNUAL REVIEW BY DEPARTMENT MANAGERS/COO. SALARY INCREASES ARE REVIEWED AND APPROVED BY THE COO, WHO REVIEWS THESE WITH THE BOARD. THE BOARD OF DIRECTORS MAKES ALL DECISIONS REGARDING EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E OUTSIDE & CONTRACT SERVICES 313,347. F&B OPERATING EXPENSE 264,527. A&G OPERATING EXPENSES 261,781. PROFESSIONAL FEES 174,188. PROPERTY TAXES 174,008. DECORATIONS & ENTERTAINMENT 141,668. LINEN & LAUNDRY 114,568. LOCKER ROOMS OPERATING EXPENSE 82,244. SECURITY 67,654. PROSHOP OPERATING EXPENSE 50,098. PRINTING & STATIONARY 23,326. POSTAGE 6,891. TAXES 6,000. FORM 990, PART XI, LINE 9: FUEL TAX CREDIT -647.