2024-09-13T13:03:35-05:00 2024-03-31 232939307 HOLSINGER PC 117 VIP DRIVE STE 220 WEXFORD PA 15090 990 2023-04-01 250457100 EDGEWORTH CLUB EDGE 4127418500 511 EAST DRIVE SEWICKLEY PA 15143 MELISSA GREGURIC CHIEF ACCOUNTING OFFICER 4127418500 2024-09-12 1 0 ANDY BIANCO P01995396 7249344880 2024-09-09 2023 2024-08-08 14:25:15Z MELISSA GREGURIC 511 EAST DRIVE SEWICKLEY PA 15143 5236454 0 X EDGEWORTHCLUB.COM X 1893 PA SOCIAL CLUB 11 11 177 0 11514 0 0 0 3137032 3198216 62 2747 -214257 -487254 2922837 2713709 0 0 0 0 1346279 1347400 0 0 0 1213283 1737154 2559562 3084554 363275 -370845 4034219 3750043 749500 836169 3284719 2913874 THE EDGEWORTH CLUB IS A SOCIAL CLUB FORMED TO PROMOTE FRIENDSHIP AND SOCIAL ENJOYMENT AMONG ITS MEMBERS. FACILITIES ARE PROVIDED BY THE CLUB FOR ATHLETICS AND SPORTS. 0 0 3084554 2702195 THE EDGEWORTH CLUB IS A SOCIAL CLUB FORMED TO PROMOTE FRIENDSHIP AND SOCIAL ENJOYMENT AMONG ITS MEMBERS. FACILITIES ARE PROVIDED BY THE CLUB FOR ATHLETICS AND SPORTS. 3084554 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 0 0 177 1 1 1 0 0 0 0 187980 202200 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 MELISSA GREGURIC CHIEF ACCOUNTING 4127418500 511 EAST DRIVE SEWICKLEY PA 15143 FLANNERY KEVIN PRESIDENT 5.00 X X 0 0 0 POISTER CECELIA VICE PRESIDENT 5.00 X X 0 0 0 BELCZYK DAVID DIRECTOR 5.00 X 0 0 0 BUSHER MARK DIRECTOR 5.00 X 0 0 0 CHEROCK MIKE DIRECTOR 5.00 X 0 0 0 GIBSON KIRK DIRECTOR 5.00 X 0 0 0 GREGG WALTER DIRECTOR 5.00 X 0 0 0 HAJDUKIEWICZ DONNA DIRECTOR 5.00 X 0 0 0 HART MICHAEL DIRECTOR 5.00 X 0 0 0 KAMINSKI SUSAN DIRECTOR 5.00 X 0 0 0 ZEIDERS CHRIS DIRECTOR 5.00 X 0 0 0 KOCHS KURT GENERAL MANAGER 40.00 X 204100 0 13389 GREGURIC MELISSA CONTROLLER 40.00 X 135470 0 6921 GUYAUX JESSICA RAQUETS DIRECTOR 40.00 X 128756 0 5039 468326 0 25349 3 0 1 0 0 MEMBER DUES 713910 2500037 2500037 MEMBER DUES - CAPITAL FUND 713910 202200 202200 TENNIS 713910 192374 192374 INITIATION FEES 713910 187980 187980 DINING ROOM MINIMUM 713910 40128 40128 75497 75497 3198216 2747 2747 182144 144659 37485 37485 42324 -4839 1807218 2378086 -570868 -570868 OTHER MISC 713910 29740 16134 13606 DELINQUENT CHARGE 713910 16389 16389 46129 2713709 2702195 11514 0 1134822 26697 76011 109870 192145 183078 49924 21447 74072 480031 12155 5937 280068 101661 IMPAIRMENT 99855 ENTERTAINMENT EXPENSE 60881 SPORTS SUPPLES & EXPENS 47224 BAD DEBT 44842 83834 3084554 472206 654229 655936 530046 156156 150744 26976 3367 9706965 7418448 2621973 2288517 100972 123140 4034219 3750043 425194 516561 216003 202893 108303 116715 749500 836169 X 3284719 2913874 3284719 2913874 4034219 3750043 -370845 0 X X 0 1 X 1 0 105732 105732 821972 455034 366938 6799648 5275072 1524576 1979613 1688342 291271 2288517 FINANCE LEASE LIABILITY, NET 77872 OPERATING LEASE LIABILITY, NET 38843 116715 X 5236454 2522745 2522745 2713709 0 2713709 5607299 2522745 2522745 3084554 0 3084554 PART X, LINE 2: THE CLUB RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS, IF ANY, BASED ON MANAGEMENT'S JUDGEMENT OF THE RISK OF LOSS FOR ITEMS THAT HAVE BEEN OR MAY BE CHALLENGED BY TAXING AUTHORITIES. THE CLUB CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD OFFSET AGAINST REVENUE ON FORM 990 2,378,086. RENTAL EXPENSES OFFSET AGAINST RENTAL REVENUE ON FORM 990 144,659. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD OFFSET AGAINST REVENUE ON FORM 990 144,659. RENTAL EXPENSES OFFSET AGAINST RENTAL REVENUE ON FORM 990 2,378,086. X X 0 0 0 KOCHS KURT GENERAL MANAGER 204100 0 0 0 0 0 0 0 13389 0 217489 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 CLASSES INCLUDE ACTIVE, SOCIAL, AND NON RESIDENT. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE MEMBERS HAVE VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7B VOTING MEMBERS HAVE VOTING RIGHTS REGARDING ANY DECISIONS HELD AT SPECIAL MEETINGS OR ANNUAL MEETINGS. THESE COULD INCLUDE NOMINATIONS, ELECTIONS, BYLAWS CHANGES, SPECIAL MEETINGS AND LARGE DOLLAR SPENDING AS THEY RELATE TO TRANSACTIONS WITH THE CLUB'S REAL ESTATE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED TO THE CONTROLLER. THE CONTROLLER REVIEWS FORMS 990 AND 990-T AND DISCUSSES THE RETURNS WITH THE ACCOUNTING FIRM PREPARER. THE CONTROLLER THEN DISCUSSES THE TAX RETURNS WITH THE GENERAL MANAGER PRIOR TO APPROVAL, SIGNING, AND FILING THE RETURNS. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE RETURNS AS A MEETING AGENDA ITEM AND ARE GIVEN AN OPPORTUNITY TO DISCUSS. FORM 990, PART VI, SECTION B, LINE 12C THE FINANCE COMMITTEE RECEIVES CONFLICT OF INTEREST AGREEMENTS FROM MANAGEMENT WHEN THEY ARE TRIGGERED BY THE $5K THRESHOLD, COMMITTEE MAKES COMMENTS, AND REPORTS THEM AS A LINE ITEM ON AN AD HOC BASIS AT THE FOLLOWING BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS KEY EMPLOYEE COMPENSATION AT 990 FILING TIME, AND BENCHMARKS AGAINST 990S OF OTHER PRIVATE CLUBS ALONGSIDE INDUSTRY DATA FOR CLUBS OF OUR SIZE, SIMILAR AMENITIES, AND BUSINESS STRATEGY. THIS IS A REPORTING ITEM AT THE FOLLOWING BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE MEMBERS UPON REQUEST. PART XII, LINE 2C THE PROCESS FOR REVIEWING AND FILING THE FORM 990 AND 990-T IS CONSISTENT WITH PRIOR YEARS.