2024-05-15T14:59:09-05:00 2023-12-31 BDO USA 301 Commerce Street Suite 2000 Fort Worth TX 76102 990 2023-01-01 751282255 Shady Oaks Country Club Inc % STEVE SHIELDS - CFO SHAD 8177323333 320 Roaring Springs Road Fort Worth TX 76114 Walt Reynolds President 8177323333 2024-05-15 true Walt Reynolds 999009999 true Jamie Eversole P00839244 8177382400 2024-05-15 2 2023 2023-04-26 12:10:37Z Walt Reynolds 320 Roaring Springs Road Fort Worth TX 76114 20858427 false X www.shadyoaksclub.com X 1968 TX Provide recreational services and social activities to members of the club. 15 15 302 0 955076 125840 0 0 15888096 19145313 -1084 1231 960209 661368 16847221 19807912 0 0 0 0 8431452 9150277 0 0 0 8717088 8904539 17148540 18054816 -301319 1753096 31506720 31203496 11881554 10266302 19625166 20937194 PROVIDE RECREATIONAL SERVICES AND SOCIAL ACTIVITIES TO MEMBERS OF THE CLUB. false false Provide recreational services and social activities to members of the club. food and beverage - provides meals and beverages to all members. golf shop and cart - provides golf services to members. false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 79 0 true 302 true true true false false false false false false false X 15 15 false false false false true true false true true false false false false false false true true false X STEVE SHIELDS - CFO 8177323333 320 ROARING SPRINGS ROAD Fort Worth TX 76114 Brent Doolittle Golf Course Superintendant 40.0 0.0 X 309566 0 33989 Steve Shields CFO 40.0 0.0 X 274100 0 40059 Mike Wright Golf Instructor 40.0 0.0 X 197007 0 36126 Monika Benitez Tennis Pro 40.0 0.0 X 225990 0 5183 Chad English Head Golf Professional 40.0 0.0 X 223074 0 8093 Austin Hall Club Manager 40.0 0.0 X 208498 0 3975 Ricardo Omana Tennis Pro 40.0 0.0 X 170409 0 20905 Daniel Reilley Director of Health & Fitness 40.0 0.0 X 169550 0 19800 Halden Griffith Trainer 40.0 0.0 X 155668 0 10192 Brent White Treasurer 1.0 0.0 X X 0 0 0 Matthew Day Governor 1.0 0.0 X 0 0 0 David Dozier Vice President 1.0 0.0 X X 0 0 0 Chris Lewis Governor 1.0 0.0 X 0 0 0 Corey Leedy Secretary 1.0 0.0 X X 0 0 0 Tyler Leon Governor 1.0 0.0 X 0 0 0 Walt Reynoldgs President 1.0 0.0 X X 0 0 0 Kelly Poorter Governor 1.0 0.0 X 0 0 0 John Sellers Governor 1.0 0.0 X 0 0 0 Houston Sullivan Governor 1.0 0.0 X 0 0 0 Chris Powers Governor 1.0 0.0 X 0 0 0 1933862 0 178322 9 false true false Concrete Construction 124 County Rd 3690 BOYD TX 76023 construction 227651 PB General Contractors 6387B Camp Bowie Blvd 300 FORT WORTH TX 76116 construction 285886 Professional Turf PO Box 201349 DALLAS TX 753201349 CONSTRUCTION 143748 Jeff Eubank Roofing 1900 Northpark Drive FORT WORTH TX 76102 Construction 289678 4 0 MEMBERSHIP DUES 713910 12609017 12609017 FOOD & BEVERAGE 722511 4124260 4124260 GOLF SHOP & CART RENTALS 713990 1944546 1205921 738625 ANNUAL OPERATING CONTRIBUTIONS 713910 36068 36068 HEALTH & FITNESS 713990 288858 286398 2460 142564 114487 28077 19145313 7 7 0 185907 185907 0 0 0 1224 0 1224 1224 1224 0 0 0 0 0 0 1497832 1050515 447317 447317 LATE FEES 900099 14514 14514 MISCELLANEOUS 900099 13630 13630 28144 19807912 18852836 955076 0 0 0 0 2112184 0 5619129 158777 605233 654954 0 12410 38369 0 0 0 0 0 216637 0 0 1086155 0 0 0 10895 0 2761853 354280 CLUBHOUSE OPERATIONS 370174 FOOD & BEVERAGE 1916969 GOLF SHOP & CART 564914 GOLF COURSE MAINTENANCE 879526 692357 18054816 76223 1199120 0 0 0 0 1501787 1213749 0 0 0 0 1599689 1764625 473325 546149 122229 101078 57382081 31005225 27733467 26376856 0 0 0 0 0 0 0 0 0 1919 31506720 31203496 823979 864825 0 0 10004315 9070905 0 0 0 0 0 0 0 0 0 0 1053260 330572 11881554 10266302 X 19589098 20937194 36068 0 19625166 20937194 31506720 31203496 X 1753096 -441068 X false true X true false 275023 275023 24048863 21040715 9557566 2459914 31005225 26101833 26376856 0 LOAN FROM VANTAGE BANK 0 OTHER CURRENT LIABILITIES 330572 FEDERAL INCOME TAX PAYABLE 0 330572 20858427 1050515 1050515 19807912 19807912 19105331 1050515 1050515 18054816 18054816 Part X, Line 2 Tax positions taken related to the clubs unrelated business income and its tax exempt status as a nonprofit organization for federal tax purposes have been reviewed, and management is of the opinion that material positions taken by the club would more likely than not be sustained by examination. Accordingly, the club has not recorded an income tax liability for uncertain tax benefits. As of December 31, 2023, the clubs tax years 2020 to 2022 remain subject to examination. Part XI, Line 2d Cost of Goods Sold $ 1,050,515. ------------ Total $ 1,050,515. Part XII, Line 2d Cost of Goods Sold $ 1,050,515. ------------ Total $ 1,050,515. X X X false false false Steve Shields CFO 274100 5742 34317 314159 Chad English Head Golf Professional 223074 4964 3129 231167 Brent Doolittle Golf Course Superintendant 309566 2489 31500 343555 Mike Wright Golf Instructor 197007 4626 31500 233133 Monika Benitez Tennis Pro 225990 3375 1808 231173 Ricardo Omana Tennis Pro 170409 20905 191314 Austin Hall Club Manager 208498 3975 212473 Halden Griffith Trainer 155668 3329 6863 165860 Daniel Reilley Director of Health & Fitness 169550 3809 15991 189350 Form 990, Part VI, Section A, Line 6 The organization is a 501(c)(7) social club with members. Form 990, Part VI, Section A, Line 7A The board of governors is elected by the membership. Form 990, Part VI, Section B, Line 11 The form 990 is reviewed by the CFO of the organization who then presents it to the president for review and signature. Form 990, Part VI, Section B, Line 15 Compensation of the director of golf and the club manager are determined by a separate compensation committee that uses comparability data and contemporaneous substantiation. Other key employee compensation is determined by the director of golf and the club manager. Form 990, Part VI, Section C, Line 19 THE ORGANIZATIONAL DOCUMENTS AND CURRENT AUDITED FINANCIALS ARE AVAILABLE THROUGH THE BUSINESS OFFICE. Form 990, Part XI, Line 9, Changes in Net Assets SALE OF EQUITY INTERESTS $ 15,000. DISTRIBUTIONS OF EQUITY INTERESTS $ (420,000.) MEMBER'S EQUITY WITH RESTRICTIONS $ (36,068.) -------------- TOTAL $ (441,068.)