2024-12-18T16:19:18-06:00 2024-02-29 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-03-01 460165795 Minnehaha Country Club MINN 6053361085 3101 West 22nd St Sioux Falls SD 57105 Bret Coad Chief Operating Officer 6053361085 2024-12-16 1 1 Deb Nelson CPA P01264758 6122536500 2024-12-13 2023 2024-10-15 13:58:12Z Bret Coad 3101 West 22nd St Sioux Falls SD 57105 11857692 0 X www.minnehahacc.com X 1902 SD To promote the enjoyment of golf and other outdoor sports. 5 5 292 5 663220 14556 5618 507291 6263586 7733756 -1806 68969 1796327 1774876 8063725 10084892 0 0 0 0 3903497 4476133 0 0 0 3221231 3183837 7124728 7659970 938997 2424922 15275046 17051797 7563491 6929320 7711555 10122477 We are a private country club, existing for the benefit of our members, their families, and guests, for whon we provide the highest quality golf course, dining, and recreational facilities. 0 0 Provide golf, grounds, pool, and tennis facilities to 437 members. Provide food and beverage service to 726 members. 0 1 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 15 0 1 292 1 1 1 0 0 0 0 4022313 854768 0 0 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 X Troy Johnson 6053361085 3101 West 22nd St Sioux Falls SD 57105 Jon Kirby - Pres Until 1023 /Immediate Past Pres (Beg 11/2023) 5.00 X X 0 0 0 Emily Thomas-President Elect (Until 10/23)/Pres (Beg 11/23) 5.00 X X 0 0 0 John Heisler-SecTreas (Until 10/23)/Pres Elect (Beg 11/23) 5.00 X X 0 0 0 Aaron Johnson-Immediate Past President (Until 10/23) 5.00 X X 0 0 0 Kari Shanard-Koenders- Director (Until 10/23)/Sec/Treas (Beg 11/23) 5.00 X X 0 0 0 Gavin Plesec Director (Beg 11/23) 5.00 X 0 0 0 Bret Coad COO 40.00 X 238021 0 25697 Troy Johnson Controller 40.00 X 77490 0 7999 Justin Freudenburg PGA Golf Professional 40.00 X 143840 0 3032 David Swift Grounds Superintendent 40.00 X 167285 0 23417 Ryan Pederson Executive Chef 40.00 X 108662 0 15278 735298 0 75423 4 0 1 0 0 507291 507291 Membership Dues & Assessments 713910 6138132 6138132 Golf, Pool & Locker 713910 977046 797046 180000 Initiation Fees 713910 574366 574366 44212 44212 7733756 78078 78078 9109 -9109 -9109 -9109 3538567 1763691 1774876 1369734 405142 10084892 8923490 663220 -9109 394570 3375946 48076 279160 378381 6674 30540 56231 68838 64498 517401 3185 8557 235934 877819 169749 Supplies 428026 Repairs and Maintenance 245237 Entertainment 60551 Club Functions 51431 359166 7659970 1849843 3801995 5780 5803 167477 130668 554033 480868 260939 325357 20186 66064 25444218 13203176 12416788 12241042 15275046 17051797 842295 923388 404921 465814 6316275 5419548 0 120570 7563491 6929320 X 7544078 9491809 167477 630668 7711555 10122477 15275046 17051797 X 2424922 -14000 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 490448 490448 15926784 10598302 5328482 4417229 2604874 1812355 4609757 4609757 12241042 Finance Lease Liability 120570 120570 X 11848583 0 11848583 -1763691 -1763691 10084892 9423661 1763691 1763691 7659970 0 7659970 Part X, Line 2: The Club evaluates accounting for uncertainty in income taxes and undergoes an annual analysis of its activities and various tax authorities. As of February 28, 2024 and 2023, no amounts were recorded as a result of this analysis. The Club will recognize future accrued interest and penalties related to unrecognized tax benefits in ncome tax expense if incurred. Part XI, Line 4b - Other Adjustments: Cost of Goods Sold Reported in Revenue for Tax Purposes -1,763,691. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold Reported in Revenue for Tax Purposes 1,763,691. X 0 0 0 Bret Coad COO 226821 0 11200 0 0 0 7381 0 18316 0 263718 0 0 0 David Swift Grounds Superintendent 147085 0 20200 0 0 0 5101 0 18316 0 190702 0 0 0 Form 990, Part VI, Section A, line 6 Minnehaha Country Club has three classes of membership: Certificate Member and Lifetime Certificate Members, who shall be voting members and Associate members, who shall be non-voting members. Form 990, Part VI, Section A, line 7a Board members are nominated by the Nominating and Election Committee and elected by approval of the voting members. Form 990, Part VI, Section A, line 7b The members approve borrowing money for a period of more than one year. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form 990 will be presented to the Board of Directors at a regular meeting, which may occur before or after filing of the return. Form 990, Part VI, Section C, line 19 The organization makes it governing documents and financial statements available to the public upon request. Form 990, Part XI, line 9: Reduction due to membership activities -14,000.