2024-01-16T14:45:35-06:00 2023-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2022-04-01 050208030 RHODE ISLAND COUNTRY CLUB RHOD 4012455700 150 NAYATT ROAD BARRINGTON RI 02806 MICHAEL HAYEK TREASURER 4012455700 2024-01-16 1 MICHAEL HAYEK 999009999 1 KERRI RAWCLIFFE P01398485 4016216200 2024-01-16 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL HAYEK 150 NAYATT ROAD BARRINGTON RI 02806 8122431 0 X WWW.RICC.ORG X 1911 RI PROMOTION OF ATHLETIC, SOCIAL AND LITERARY ACTIVITIES ON BEHALF OF ITS MEMBERS. 16 16 242 18 286548 30768 218000 0 5400965 5728792 13278 48737 133539 337398 5765782 6114927 0 0 0 0 2076876 2284328 0 0 0 3667980 3745334 5744856 6029662 20926 85265 13303542 13954842 6340963 6757506 6962579 7197336 RHODE ISLAND COUNTRY CLUB IS ORGANIZED FOR THE PROMOTION OF ATHLETIC, SOCIAL AND LITERARY ACTIVITIES ON BEHALF OF ITS MEMBERS. 0 0 GOLF COURSE OPERATIONS INCLUDES MANAGEMENT OF TOURNAMENTS, OUTINGS, CLINICS, JUNIOR GOLF, PRACTICE RANGE, HANDICAP SERVICES, LESSONS, CARTS, INTERNSHIP PROGRAMS AND CADDY SERVICES. FOOD AND BEVERAGE OPERATIONS INCLUDE MEMBER DINING, BANQUETS, SOCIAL EVENTS, WEDDINGS, SHOWERS, ETC. FOR MEMBER CAMARADERIE. SERVICES INCLUDE THE FORMAL DINING IN THE GRILL ROOM AS WELL AS MORE CASUAL SETTINGS IN THE NEWTH ROOM, SOLARIUM, TERRACE, POOL AND THE TENTH TEE. OTHER SOCIAL CLUB ACTIVITIES INCLUDE POOL, TENNIS, SQUASH AND PADDLE HUT OPERATIONS. 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 10 0 1 242 1 1 1 0 0 0 0 461250 717371 0 0 0 X 16 16 0 0 0 0 1 1 1 1 0 0 0 1 0 0 1 1 1 0 X JAY DWYER CONTROLLER 4012455700 150 NAYATT ROAD BARRINGTON RI 02806 X VINU MALIK PRESIDENT 1.00 X X 0 0 0 DANIEL CREGAN 1ST VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL HAYEK TREASURER 1.00 X X 0 0 0 DANIEL SULLIVAN 2ND VICE PRESIDENT 1.00 X X 0 0 0 NICOLE FROEDE-SMITH ASSISTANT SECRETARY 1.00 X X 0 0 0 CHRISTOPHER PATTON GOVERNOR 1.00 X 0 0 0 MICHAEL MCCAMPBELL GOVERNOR 1.00 X 0 0 0 CRAIG FISHER GOVERNOR 1.00 X 0 0 0 WILLIAM DESSEL GOVERNOR 1.00 X 0 0 0 JOSEPH MEDDING ASSISTANT TREASURER 1.00 X X 0 0 0 GEORGE DEMOPULOS SECRETARY 1.00 X X 0 0 0 CHRISTOPHER COLEMAN GOVERNOR 1.00 X 0 0 0 PATRICIA HESSLER GOVERNOR 1.00 X 0 0 0 MARGARET VAN BREE GOVERNOR 1.00 X 0 0 0 DAVID O'CONNELL GOVERNOR 1.00 X 0 0 0 ANDREW RESMINI GOVERNOR 1.00 X 0 0 0 ANDREW HANNAH SUPERINTENDENT 40.00 X 174719 0 10727 JAY DWYER CONTROLLER 40.00 X 129083 0 0 KYLE PHELPS GOLF PRO 40.00 X 141454 0 11151 ANTHONY GLIECO CHEF 40.00 X 119272 0 12757 PHIL FOZO FORMER CLUB MANAGER 40.00 X 139487 0 3131 704015 0 37766 5 1 1 0 0 MEMBERSHIP DUES 713910 4561149 4561149 GREENS FEES 713910 437536 225956 211580 CART RENTALS 713910 338682 249607 89075 TOURNAMENT & HANDICAP FEES 713910 275568 275568 POOL INCOME 713910 58255 58255 57602 57602 5728792 51820 12282 39538 2500 5583 -3083 -3083 -3083 2334848 2001921 332927 386572 -53645 MISC INCOME 713910 4471 4471 4471 6114927 5828379 286548 0 179961 1712645 25100 167255 199367 11374 24710 331461 66722 9658 522549 5201 216050 1043531 117278 SUPPLIES - PROGRAMS 520486 TOURNAMENT EXPENSES 257639 CART LEASE 245778 REPAIRS AND MAINTENANCE 159766 213131 6029662 484609 140123 2537136 3389745 277469 236282 149188 241404 46384 37816 23636066 14417129 9655001 9218937 153755 690535 13303542 13954842 532420 489871 551965 548426 5151490 5197355 105088 521854 6340963 6757506 X 6962579 7197336 6962579 7197336 13303542 13954842 X 85265 144855 4637 X X 0 1 X 1 0 126985 126985 18648679 11204187 7444492 920328 659635 260693 3940074 2553307 1386767 9218937 SPECIAL RESERVE FUND 82680 OPERATING LEASES 439174 521854 X 8264786 2149859 2149859 6114927 0 6114927 8030028 2005004 2005004 6025024 4638 4638 6029662 PART X, LINE 2: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO MARCH 31, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,001,921. LOSS ON DISPOSABLE OF ASSETS 3,083. UNREALIZED GAIN/LOSSES 144,855. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,001,921. LOSS ON DISPOSAL OF ASSETS 3,083. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER EXPS INCL 990 NOT ON BOOKS 4,638. 1 X X 1 0 0 ANDREW HANNAH SUPERINTENDENT 174719 0 0 0 0 0 0 0 10727 0 185446 0 0 0 KYLE PHELPS GOLF PRO 141454 0 0 0 0 0 0 0 11151 0 152605 0 0 0 PHIL FOZO FORMER CLUB MANAGER 139487 0 0 0 0 0 0 0 3131 0 142618 0 0 0 PART I, LINE 4A PHIL FOZO $25,070 SEVERANCE FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERS ELECT THE BOARD OF GOVERNORS WHO APPROVE AND IMPLEMENTE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A NOMINATIONS FOR ELECTION TO THE BOARD SHALL BE MADE BY THE BOARD OR A COMMITTEE APPOINTED BY THE BOARD OR ANY MEMBER ENTITLED TO VOTE IN THE ELECTION OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE ORGANIZATION'S BY-LAWS MUST BE APPROVED BY A MAJORITY OF THE VOTING MEMBERS. IN ADDITION, ANY SIGNIFICANT IMPROVEMENTS TO THE CLUBHOUSE OR GROUNDS MUST BE APPROVED BY THE VOTING MEMBERS OF THE ORGANIZATION. FINALLY, AS EXPLAINED FOR PART VI, SECTION A, ITEM 7A, THE VOTING MEMBERS OF THE ORGANIZATION ELECT THE MEMBERS OF THE BOARD OF GOVERNORS, AS WELL AS THE OFFICERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS A FINANCE COMMITTEE THAT MEETS MONTHLY TO DISCUSS THE FINANCIAL STATEMENTS AND RELATED FINANCIAL ISSUES. THESE MEETINGS DO NOT ALWAYS RESULT IN DOCUMENTATION OF MEETING RESULTS WITH FORMAL WRITTEN MINUTES. HOWEVER, ANY SIGNIFICANT DECISIONS MADE BY THE COMMITTEE WILL BE BROUGHT TO ATTENTION OF THE BOARD OF GOVERNORS FOR THEIR APPROVAL. AS SUCH, COMMITTEE ACTIONS ARE REPORTED BY THE TREASURER AT THE BOARD OF GOVERNORS MEETINGS AND DOCUMENTED IN THE MINUTES OF THE BOARD OF GOVERNORS' MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 WAS REVIEWED BY THE CLUB CONTROLLER AND TREASURER, WHO IN TURN REVIEWS THE 990 WITH THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION DOES NOT MAINTAIN A WRITTEN CONFLICT OF INTEREST POLICY. THE ORGANIZATION HANDLES ANY IDENTIFIED POSSIBLE ISSUES RELATING TO CONFLICT OF INTEREST INFORMALLY BUT WILL MONITOR THE RELATIONSHIPS TO ENSURE THEY CONTINUE TO BE APPROPRIATE FOR THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 FOR THE ORGANIZATION'S TOP FINANCIAL AND MANAGEMENT EXECUTIVE TEAM - THE PROCESS OF DETERMINING COMPENSATION IS DONE AT THE BOARD OF GOVERNORS LEVEL. THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION ANNUALLY WHEN THE BUDGET IS DRAFTED OR ADDITIONALLY WHEN MARKET CONDITIONS WARRANT. THIS IS ALSO THE PROCESS FOR ANY NEW HIRES. ALL OTHER EMPLOYEES ARE REVIEWED ANNUALLY BY THEIR RESPECTIVE MANAGERS. GUIDELINES FOR OVERALL WAGE INCREASES ARE APPROVED BY THE BOARD OF GOVENORS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS FINANCIAL STATMENTS/GOVERNING DOCUMENTS/CONFLICT OF INTEREST AVAILABLE TO THE GENERAL PUBLIC. THE FINANCIAL STATEMENTS ARE AVAILABLE FOR MEMBERS TO VIEW ON THE ORGANIZATION'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE FOR MEMBERS TO VIEW UPON REQUEST, BY APPOINTMENT ONLY, AND WITHIN 24 HOURS OF THE REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DEPRECIATION DIFFERENCE 4,637. FORM 990, PART XI, ITEM 2C THE ORGANIZATION'S BOARD OF GOVERNORS AND FINANCE COMMITTEE HAS DIRECT OVERSIGHT AND RESPONSIBILITY FOR THE SELECTION OF ITS OUTSIDE CPA, AS WELL AS ITS ANNUAL FINANCIAL STATEMENT AUDIT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.