2024-09-10T15:11:31-05:00 2023-12-31 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2023-01-01 520565169 BETHESDA COUNTRY CLUB INC BETH 3013651700 7601 BRADLEY BOULEVARD BETHESDA MD 20817 EBAN ROSS GM/COO 3013651700 2024-07-30 1 1 EDWARD T YODER CPA P00239134 7033858577 2024-07-30 X 2023 2024-08-08 14:25:15Z EBAN ROSS 7601 BRADLEY BOULEVARD BETHESDA MD 20817 22882505 0 X WWW.BETHESDACOUNTRYCLUB.ORG X 1947 MD TO PROMOTE SOCIAL INTERACTION & RECREATION FOR THE BENEFIT OF ITS MEMBERS. 11 11 327 11 1194475 64632 0 0 15159378 16983754 -225080 -2215344 3118256 3178518 18052554 17946928 2644 0 0 0 9041522 9956493 0 0 0 8051892 8676580 17096058 18633073 956496 -686145 31474052 30279125 15468504 15040964 16005548 15238161 TO PROMOTE SOCIAL INTERACTION & RECREATION FOR THE BENEFIT OF ITS MEMBERS. 0 0 THE CLUB PROVIDES FACILITIES SUCH AS TENNIS COURTS, GOLF COURSE, FITNESS CENTER, SWIMMING POOLS AND DINING ROOMS TO ITS MEMBERS. APPROXIMATELY 900 MEMBERS ARE SERVED. 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 1 142 0 1 327 1 1 1 0 0 0 1 1 3690500 1224111 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MOLLY SKELLY 3013651700 7601 BRADLEY BOULEVARD BETHESDA MD 20817 HOROWITZ SANDY PRESIDENT 3.00 X X 0 0 0 BERZ DAVID VICE PRESIDENT 3.00 X X 0 0 0 BARNELLO MIKE TREASURER 3.00 X X 0 0 0 LADUCA CJ SECRETARY 3.00 X X 0 0 0 BALTIMORE HILLARY DIRECTOR 3.00 X 0 0 0 CASTLEBERRY DAN DIRECTOR 3.00 X 0 0 0 COLLINS ART DIRECTOR 3.00 X 0 0 0 GREENBAUM JOAN DIRECTOR 3.00 X 0 0 0 GRONVALL PETER DIRECTOR 3.00 X 0 0 0 MILAM JAMES DIRECTOR 3.00 X 0 0 0 POLHEMUS RACHEL DIRECTOR 3.00 X 0 0 0 EBAN ROSS GENERAL MANAGER 60.00 X 462673 0 25978 SAL SALGADO DIRECTOR OF FINANCE 50.00 X 182791 0 7483 DANIEL BENGTSON HEAD GOLF PROFESSIONAL 50.00 X 223634 0 14984 FRANK HATTEN DIRECTOR OF RAQUET SPORTS 50.00 X 267615 0 21253 CHRIS MAYO EXECUTIVE CHEF 50.00 X 230076 0 14958 IAN PATRICAN GOLF COURSE SUPERINTENDANT 50.00 X 203985 0 14039 KRIS BUTTERFIELD MEMBERSHIP DIRECTOR 40.00 X 112248 0 13284 1683022 0 111979 7 0 1 0 DONHOHOE CONSTRUCTION CO 7101 WISCONSIN AVE STE 700 BETHESDA MD 20814 CONSTRUCTION COMPANY 4141821 LANDSCAPE SUPPLY PO BOX 12706 ROANOKE VA 23027 GOLF COURSE SUPPLIES AND EQUIPMENT 483323 BOLAND PO BOX 223862 CHANTILLY VA 20153 HVAC VENDOR 481095 ABCO CORPORATION 5751-E GENERAL WASHINGTON DR ALEXANDRIA VA 22312 RESTAURANT SUPPLIES AND EQUIPMENT 441319 FELLS POINT WHOLESALE MEATS PO BOX 21491 NEW YORK NY 100871491 MEAT SUPPLIER 302587 26 MEMBER DUES AND ASSESSMENTS 713910 13057448 13057448 GOLF INCOME 713910 1790985 1054367 736618 TENNIS INCOME 713910 1191876 1045770 146106 MISCELLANEOUS 713910 396744 396744 FITNESS INCOME 713910 282372 276847 5525 264329 234066 30263 16983754 71444 71444 2286788 -2286788 -2286788 -2286788 5827307 2648789 3178518 2973999 204519 17946928 16752453 1194475 0 1257018 6996294 148894 874768 679519 260840 22386 67730 417908 217652 94720 1566686 41689 5735 2784007 195827 UNRELATED BUSINESS INCO 361 GOLF COURSE AND GROUNDS 1025792 SUPPLIES 465345 REPAIRS AND MAINTENANCE 368913 1140989 18633073 2911843 1310854 4601433 3485823 452479 531713 577043 606379 43849091 19867592 22428237 23981499 503017 362857 31474052 30279125 1790610 1504056 1237495 1218576 11773997 11790422 666402 527910 15468504 15040964 X 16005548 15238161 16005548 15238161 31474052 30279125 X -686145 -81242 X X 0 1 X 1 0 364862 364862 27007307 11197113 15810194 5879760 3494183 2385577 10597162 5176296 5420866 23981499 MEMBER ESCROW DEPOSITS 298414 DEBENTURES BONDS 600 CAPITAL LEASE OBLIGATIONS 228896 527910 X 22882505 4935577 4935577 17946928 0 17946928 23649892 5016819 5016819 18633073 0 18633073 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE ON MEMBERS' TRANSACTIONS AND OTHER ACTIVITIES DIRECTLY RELATED TO ITS NONPROFIT PURPOSE. HOWEVER, THE CLUB IS SUBJECT TO FEDERAL INCOME TAXES ON ITS UNRELATED BUSINESS INCOME. FASB ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CLUB'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE TO ITS FINANCIAL STATEMENTS. THE CLUB'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED. THE CLUB'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES, IF ANY, IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,648,789. LOSS ON SALE OF ASSETS 2,286,788. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,648,789. LOSS ON SALE OF ASSETS 2,286,788. BAD DEBT EXPENSE 81,242. X X X 0 0 0 EBAN ROSS GENERAL MANAGER 375077 0 87596 0 0 0 13200 0 12778 0 488651 0 0 0 FRANK HATTEN DIRECTOR OF RAQUET SPORTS 253385 0 9430 0 4800 0 10250 0 11003 0 288868 0 0 0 CHRIS MAYO EXECUTIVE CHEF 204917 0 25159 0 0 0 8138 0 6820 0 245034 0 0 0 DANIEL BENGTSON HEAD GOLF PROFESSIONAL 190942 0 32692 0 0 0 9099 0 5885 0 238618 0 0 0 IAN PATRICAN GOLF COURSE SUPERINTENDANT 180748 0 23237 0 0 0 8119 0 5920 0 218024 0 0 0 SAL SALGADO DIRECTOR OF FINANCE 154791 0 28000 0 0 0 7087 0 396 0 190274 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS MADE BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER CONDUCTS AN INITIAL REVIEW OF THE 990. ONCE THE FORM HAS BEEN REVIEWED BY THE CONTROLLER, THE GENERAL MANAGER AND TREASURER WILL CONDUCT A SECONDARY REVIEW, FOLLOWED BY THE PRESIDENT WHO WILL PERFORM A FINAL REVIEW. A COPY OF THE RETURN IS PRESENTED TO THE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ON AN ANNUAL BASIS. IN THE EVENT OF A CONFLICT OF INTEREST BY A MEMBER DURING THE YEAR, THAT MEMBER IS ASKED TO RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE KEY EXECUTIVES AND TOP MANAGERS' COMPENSATION IS REVIEWED AND APPROVED BY THE INDEPENDENT EXECUTIVE COMMITTEE. THE REVIEW IS BASED ON CURRENT RELEVANT FACTS AND COMPARABILITY DATA FROM SIMILAR CLUBS IN THE AREA. THE ORGANIZATION LOOKS AT THE COMPENSATION OF COUNTRY CLUBS WITHIN THE GEOGRAPHIC AREA OF WASHINGTON, DC THAT HAVE SIMILAR REVENUES AND BUDGETS FOR COMPENSATION COMPARISONS. ALL FINAL DECISIONS ARE NOTED IN THE MINUTES OF THE INDEPENDENT EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT -81,242. FORM 990, PART XII, LINE 2 C THE FINANCE COMMITTEE, LED BY THE TREASURER, OVERSEES ALL AUDIT, TAX, INSURANCE, LONG-TERM DEBT, BUDGET AND CASH MANAGEMENT ISSUES. THE PROCEDURES HAVE NOT CHANGED FROM THE PREVIOUS YEAR.