2024-03-29T15:48:43-05:00 2023-06-30 383635706 REHMANN ROBSON LLC 5070 HIGHWAY A1A STE 250 VERO BEACH FL 32963 990 2022-07-01 911941655 RED STICK GOLF CLUB INC REDS 7723883200 8350 58TH AVENUE VERO BEACH FL 32967 STEPHEN C COLEY PRESIDENT 7723883200 2024-03-19 1 STEPHEN COLEY 999009999 0 DEBORAH A CRUM CPA P00282890 7722348484 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN C COLEY 8350 58TH AVENUE VERO BEACH FL 32967 7798619 0 X WWW.REDSTICKGOLFCLUB.COM X 1998 FL PRIVATE MEMBERSHIP CLUB ORGANIZED TO PROVIDE A GOLF & SOCIAL ATMOSPHERE ON NON-PROFIT BASIS. 9 9 71 9 304492 171220 0 0 5305679 5870577 356597 296363 196894 194389 5859170 6361329 0 0 0 0 2201762 2439729 0 0 0 2368252 2578869 4570014 5018598 1289156 1342731 27299270 28776503 3584445 3949867 23714825 24826636 PRIVATE MEMBERSHIP CLUB ORGANIZED TO PROVIDE A GOLF AND SOCIAL ATMOSPHERE ON A NON-PROFIT BASIS. 0 0 THE CLUB PROVIDES GOLF TO ITS MEMBERS. THERE WERE APPROXIMATELY 9,729 ROUNDS OF GOLF DURING THE FISCAL YEAR ENDING JUNE 30, 2023. 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 40 0 1 71 1 1 1 0 0 0 0 1307916 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRAN GRIFFIN 7723883200 8350 58TH AVENUE VERO BEACH FL 32967 X WILLIAM J ALLARD BOARD MEMBER 5.00 X 0 0 0 GEORGE WYPER BOARD MEMBER 5.00 X 0 0 0 STEPHEN C COLEY PRESIDENT 5.00 X X 0 0 0 MICHAEL D WHITE BOARD MEMBER 5.00 X 0 0 0 STEPHEN F DUBORD SECRETARY 5.00 X X 0 0 0 EDWARD W SCHICK FORMER TREASURER 5.00 X X 0 0 0 MICHAEL BARTON BOARD MEMBER 5.00 X 0 0 0 DENNIS H FERRO VP/TREASURER 5.00 X X 0 0 0 JAMES C PENROSE BOARD MEMBER 5.00 X 0 0 0 RYAN SHARP HEAD GOLF PROFESSIONAL 40.00 X 140349 0 14246 CORBY COGGINS GOLF COURSE SUPERINTENDENT 40.00 X 102511 0 16317 PETER MONTOLEONE GENERAL MANAGER 40.00 X 239066 0 28732 FRANCINE GRIFFIN CONTROLLER 40.00 X 115482 0 16639 KURT JENNINGS SUPERINTENDENT 40.00 X 146982 0 16728 744390 0 92662 5 0 1 0 CADDIE SERVICES INC 15044 N SCOTTDALE ROAD STE 300 SCOTTDALE AZ 85254 CADDIE SERVICES 983327 TIDELINE STAFFING PO BOX 823461 PHILADELPHIA PA 19182 TEMP EMPLOYEE STAFFING 106125 JAYSON JEFFRIES PO BOX 245 EAST HAMPTON NY 11937 GOLF LESSONS 101828 3 CLUB DUES 713910 4252302 4252302 INITIATION FEES 713910 1307916 1307916 GREEN FEES TAXABLE 713910 162555 162555 TOURNAMENT REVENUE 713910 103142 103142 CART FEES TAXABLE 713910 26220 26220 18442 18442 5870577 205597 205597 1158278 71000 1090285 48227 67993 22773 90766 67993 22773 462265 298778 163487 163487 INCOME AND LOSS FROM PARTNERSHIPS 900001 30902 30902 30902 6361329 6034064 304492 22773 X 2271337 168392 34135 30720 2438 116368 10018 4899 18109 441777 100753 FERTILIZER 314324 CHEMICALS GOLF COURSE 224183 CONTRACT SERVICES 175122 EQUIPMENT REPAIR / MAIN 143804 962219 5018598 1003312 1039122 1001798 1965787 20721 25348 140077 144798 152669 132739 29331356 10043260 19232286 19288096 971857 1212832 4776550 4967781 27299270 28776503 136162 139010 3380451 3763209 67832 47648 3584445 3949867 X 23714825 24826636 23714825 24826636 27299270 28776503 X 1342731 216229 -447149 X 0 1 X 1 0 14275754 14275754 6559537 3437968 3121569 3544995 2401271 1143724 4951070 4204021 747049 19288096 DUE TO/FROM RSGC CORP 4937518 FEDERAL INCOME TAX DEPOSIT 15124 STATE INCOME TAX DEPOSIT 4284 OTHER CURRENT ASSEST 10855 4967781 EMPLOYEE CHRISTMAS FUND 19690 ACCRUED LEASED EMPLOYEES/CADDIES 27758 EMPLOYEE SECURITY DEPOSITS 200 47648 X 6803379 216229 225821 442050 6361329 0 6361329 5258290 239692 239692 5018598 0 5018598 PART X, LINE 2: THE CLUB ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, TO THE EXTENT THEY ARISE, ARE REFLECTED AS A COMPONENT OF ITS GENERAL AND ADMINISTRATIVE EXPENSES. THE CLUB HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2020 THROUGH 2023, THE YEARS, WHICH REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2023. THE CLUB CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE CLUBS' CONSOLIDATED FINANCIAL STATEMENTS. THE CLUB DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE CLUB DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT JUNE 30, 2023 OR 2022, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 298,778. DISPOSAL BOOK/TAX DIFFERENCE PORTFOLIO EXPENSES -72,957. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 298,778. DEPRECIATION BOOK/TAX DIFFERENCE 13,871. PORTFOLIO EXPENSES -72,957. 0 0 0 PETER MONTOLEONE GENERAL MANAGER 194566 0 44500 0 0 0 8689 0 20043 0 267798 0 0 0 KURT JENNINGS SUPERINTENDENT 130982 0 16000 0 0 0 4657 0 12071 0 163710 0 0 0 RYAN SHARP HEAD GOLF PROFESSIONAL 87249 0 33000 0 20100 0 4925 0 9321 0 154595 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C RED STICK GOLF CLUB HAS ALL BOARD OF GOVERNORS AND MANAGERS SIGN THE CONFLICT OF INTEREST POLICY. IT IS REGULARLY REVIEWED WHEN OUTSIDE CONTRACTS ARE AWARDED. NO MEMBER OR EMPLOYEE MAY GAIN FINANCIALLY FROM OUTSIDE CONTRACTS OR BUSINESS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF REDSTICK GOLF CLUB DETERMINES THE COMPENSATION FOR ALL MANAGERS. THE MANAGERS DETERMINE EMPLOYEE PAY RATES WITH BOARD APPROVAL DURING THE BUDGETING PROCESS. ALL PAY INCREASES ARE GIVEN WITH BOARD APPROVAL DURING BUDGETING PROCESS. THE BOARD AND MANAGERS REVIEW COMPENSATION SURVEYS THAT ARE DONE BY MCGLADREY PULLEN THROUGH THE CLUB MANAGERS ASSOCIATION OF AMERICA. THIS SURVEY COMES OUT ONCE A YEAR. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E PROPERTY TAX 107,883. FUEL GOLF COURSE 76,881. CADDIE CONTRACT PROGRAM 74,262. TOURNAMENT EXPENSES 73,723. REPAIR AND MAINTENANCE 61,050. TOP DRESSING/SOD 55,188. PORTFOLIO DEDUCTIONS 54,419. SUPPLIES 35,168. IRRIGATION 35,007. CART PATH GOLF COURSE 31,621. INCOME TAX EXPENSE - FEDERAL 31,216. UNIFORMS 29,981. LANDSCAPE GOLF COURSE 25,338. TELEPHONE 24,019. AQUATIC CONTROL GOLF COURSE 22,256. DRAINAGE 13,993. SUBSCRIPTIONS & DUES 13,972. RANGE BALLS& RANGE EXPENSES 11,919. EQUIPMENT RENTAL/LEASE 11,163. MAINTENANCE CONTRACTS- ADM 9,572. SOIL SAMPLES 9,403. CHOOSE-UP CADDIES 9,395. TRAP SAND 9,242. WEB SITE/DESIGN WORK 9,036. SMALL TOOLS GOLF COURSE 8,928. EMPLOYEE HOUSING 8,458. RELOCATION & OTHER BENEFITS 8,222. OFFICE SUPPLIES 7,645. BANK CHARGES 7,304. EMPLOYEE MEALS 7,154. CADDIE SUPPLIES / EXPENSES 6,927. EMPLOYEE RELATIONS 6,621. INCOME TAX EXPENSE - STATE 6,453. COMPUTERS EXPENSE 6,396. MEMBERSHIP DIRECTORY 6,291. BUILDING REPAIRS GOLF COURS 6,082. HANDICAP FEES EXPENSE 6,072. LEASE EXPENSE 4,734. MEDICAL SUPPLIES & EXPENSE 4,615. FLOWERS & DECORATIONS ADMI 3,712. MISCELLANEOUS EXPENSE 3,217. SEMINARS & SHOWS 2,702. JANITORIAL GOLF COURSE BLDG 2,210. SANITATION GOLF COURSE 1,897. PROPERTY TAXES - WABASSO 1,551. SECURITY 1,261. DRY CLEANING ALLOWANCE 1,087. MEMBERSHIP AMBASSADOR PROGRA 1,032. MAINT GOLF CARTS/RANGE PICKE 1,004. LICENSE & PERMIT 1,001. COMPLIMENTARY GOLF MERCHANDI 911. PRINTING & STATIONARY 780. COMPLIMENTARY CADDIES 500. FOREIGN TAXES PAID 429. SECURITY GOLF COURSE 423. BRIDGE EXPENSE 235. POSTAGE & FREIGHT 172. SEEDING 170. UNSALEABLE MERCHANSIDE/LOSS 126. G&A EXPENSES 121. RENTAL EQUIPMENT EXPENSE 69. FORM 990, PART XI, LINE 9: DEPRECIATION BOOK/TAX DIFFERENCE -13,871. DISPOSAL BOOK/TAX DIFFERENCE NET CHANGE IN MEMBERSHIP -265,200. CHANGE IN INVESTMENT IN SUBSIDIARIES REPORTING -168,078. PART VIII - LINE 7(A)(II) GAIN DEFERRAL ON SALE OF PROPERTY PURSUANT TO SECTION 512(A)(3)(D), THE 501(C)(7) ORGANIZATION SOLD EQUIPMENT DURING THE FY 6/30/23 FOR $71,000 AND REINVESTED THE $71,000 OF THE NET PROCEEDS FROM THE SALE OF EXEMPT FUNCTION PROPERTY DURING THE FY 6/30/23.