2024-09-16T21:44:29-05:00 2023-10-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2022-11-01 591839098 EASTPOINTE COUNTRY CLUB INC EAST 5616266860 13535 EASTPOINTE BLVD PALM BEACH GARDENS FL 33418 LOU MANCINELLI CLUB PRESIDENT 5616266860 2024-09-16 1 1 AARON M FOX P01365820 2022274000 2022 2024-08-08 14:25:15Z LOU MANCINELLI 13535 EASTPOINTE BLVD PALM BEACH GARDENS FL 33418 14210130 0 X WWW.EASTPOINTE-CC.COM X 1978 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 8 8 222 12 1104583 0 0 0 10460460 11156231 6224364 9862 1801429 1992264 18486253 13158357 0 0 0 0 5694933 7008612 0 0 0 5937405 6519356 11632338 13527968 6853915 -369611 26606927 28076565 11515516 12124282 15091411 15952283 EASTPOINTE COUNTRY CLUB (THE CLUB) IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 FOOD AND BEVERAGE SALES TOTALED $2,889,720 FOR FYE 10/31/23. 68,290 ROUNDS OF GOLF WERE PLAYED DURING THE YEAR, OF WHICH 7,220 WERE MEMBER-RELATED. 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 57 0 1 222 1 1 1 0 0 0 0 774500 1281729 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 0 0 0 1 1 1 0 X JACKIE GROSSO 5616266860 13535 EASTPOINTE BLVD PALM BEACH GARDENS FL 33418 LOU MANCINELLI PRESIDENT 1.00 X X 0 0 0 CYNTHIA MANGIAFICO VICE PRESIDENT - AS OF 01/23 1.00 X X 0 0 0 MIKE GAROFALO VICE PRESIDENT - UNTIL 12/22 1.00 X X 0 0 0 MADELEINE MILLER SECRETARY 1.00 X X 0 0 0 PATRICK CARAMANTE TREASURER - AS OF 01/23 1.00 X X 0 0 0 ANDY BENDER TREASURER - UNTIL 12/22 1.00 X X 0 0 0 JACKIE GROSSO GOVERNOR 1.00 X 0 0 0 JOE HAMILTON GOVERNOR - UNTIL 12/22 1.00 X 0 0 0 JIM RATTIGAN GOVERNOR 1.00 X 0 0 0 TOM SASSOS GOVERNOR 1.00 X 0 0 0 FRANK SPARKS GOVERNOR 1.00 X 0 0 0 STEVE VOSKANIAN GOVERNOR - UNTIL 12/22 1.00 X 0 0 0 SCOTT BESTER GENERAL MANAGER - UNTIL 08/23 50.00 X 187551 0 22271 JOHN SPIWAK COURSE GROUNDS SUPERINTENDENT 50.00 X 193379 0 7302 TARA COLLINS PUC HEAD TENNIS PROFESSIONAL 50.00 X 137679 0 137679 DEREK NISZCZAK HEAD GOLF PROFESSIONAL 50.00 X 109863 0 109863 MICHELE DUNEFSKY WOOD DIRECTOR OF FITNESS 50.00 X 105779 0 105779 CHRISTOPHER NAPIERALSKI DIRECTOR OF GOLF 50.00 X 100632 0 100632 834883 0 483526 6 0 1 0 PEACOCK LEWIS ARCHITECTS AND PLANNERS 1295 US HWY ONE NORTH PALM BEACH FL 33408 ARCHITECTURAL SERVICES 246693 ELITE SERVICES OF PALM BEACH 6070 PITCH LANE BOYNTON BEACH FL 33734 VALET SERVICES 159108 2 MEMBERSHIP DUES 900099 8693757 8693757 TRAIL FEES, CART RENTALS & OTHER 900099 1234228 837607 396621 CAPITAL FUND 900099 610011 610011 GREEN FEES 900099 370381 370381 FITNESS INSTRUCTION 900099 190011 190011 57843 57843 11156231 9862 9862 2889720 1051773 1837947 1528390 309557 TRANSFER FEES 900099 111595 111595 RENTAL INCOME 531120 37024 9000 28024 LATE CHARGES 900099 5698 5698 154317 13158357 12038214 1104583 15560 469510 5665515 383417 490170 203600 18118 55723 969375 326685 465359 80761 888163 334372 1045606 365778 CHEMICALS/FERTILIZERS 608986 PROGRAM SUPPLIES 439781 REPAIRS/MAINTENANCE 265999 PERSONNEL DEVELOPMENT 197612 253438 13527968 4523203 3046817 696545 744484 56079 65233 176222 235896 40875634 17313325 21151661 23562309 3217 421826 26606927 28076565 2356536 1413031 1416352 2933927 7607912 7344012 134716 433312 11515516 12124282 X 15091411 15952283 15091411 15952283 26606927 28076565 -369611 1230483 0 X 0 1 X 1 0 2846335 2846335 30874855 12654026 18220829 6755378 4659299 2096079 399066 399066 23562309 CAPITAL LEASE 35138 OPERATING LEASE 346009 IPFS LOAN 52165 433312 X 14210130 1051773 1051773 13158357 0 13158357 14579741 1051773 1051773 13527968 0 13527968 PART X, LINE 2: THE CLUB FOLLOWS GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES AN ORGANIZATION TO EVALUATE AND ACCOUNT, IF NECESSARY, FOR UNCERTAIN POSITIONS TAKEN ON OPEN INCOME TAX RETURNS AND POSITIONS EXPECTED TO BE TAKEN IN A SOON TO BE FILED TAX RETURN. THE STANDARD DISCUSSES THE RECOGNITION THRESHOLD, METHODOLOGY FOR FINANCIAL STATEMENT RECOGNITION AND GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE CLUB DID NOT RECORD ANY INTEREST OR PENALTIES ON UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED OCTOBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,051,773. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,051,773. 0 0 0 SCOTT BESTER GENERAL MANAGER - UNTIL 08/23 139551 0 48000 0 0 0 0 0 22271 0 209822 0 0 0 JOHN SPIWAK COURSE GROUNDS SUPERINTENDENT 168379 0 25000 0 0 0 0 0 7302 0 200681 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 AFFINITI GOLF PARTNERS, LLC DBA BOBBY JONES LINKS (BJL) WAS HIRED TO PROVIDE GENERAL OPERATIONAL MANAGEMENT SERVICES FOR THE CLUB. THE SERVICES PROVIDED BY BJL INCLUDE THE FOLLOWING: 1) RESPONSIBLE FOR ALL EMPLOYEES OF THE COUNTRY CLUB. 2) OBTAIN ALL GOODS, SERVICES, AND PRODUCTS FOR THE CLUB, ALL IN ACCORDANCE WITH THE ANNUAL PLAN AND BUDGET. 3) SUPERVISE AND MANAGE THE CLUB OPERATIONS TO INCLUDE GOLF PRO SHOP, MAINTENANCE, FOOD AND BEVERAGE, MEMBERSHIP SALES EFFORTS, PRACTICE FACILITIES, ADMINISTRATION, AND OTHER ANCILLARY SERVICES (SUCH AS POOL, TENNIS, SPA AND FITNESS, IF APPLICABLE) AT THE CLUB. 4) BJL SHALL CREATE, DIRECT, AND IMPLEMENT AN ANNUAL MARKETING PLAN FOR THE CLUB AS PART OF THE ANNUAL BUDGET AND PROGRAM. 5) TIMELY PAY ALL VENDORS OF THE CLUB. PROVIDE SEPARATE BUDGETING, BOOKKEEPING AND REPORTING SERVICES TO THE CLUB. THE MANAGEMENT COMPANY SHALL OBTAIN THE CLUB'S PRIOR WRITTEN APPROVAL FOR (I) CONTRACTS IN EXCESS OF TWENTY-FIVE THOUSAND DOLLARS ($25,000), (II) CONTRACTS IN EXCESS OF TWELVE (12) MONTHS IN DURATION UNLESS THE SAME CAN BE TERMINATED UPON THIRTY (30) DAYS WRITTEN NOTICE WITHOUT COST OR FEE TO THE CLUB. THE GENERAL MANAGER OF THE CLUB IS EMPLOYED BY THE MANAGEMENT COMPANY. NO TRUSTEE'S, DIRECTORS, OR GOVERNORS ARE COMPENSATED BY THE CLUB NOR THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED ORGANIZATION THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: FULL GOLF COUPLE/SINGLE, SPORTS, CLUB SOCIAL, AND JUNIOR. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO BYLAWS, CAPITAL EXPENDITURES OVER $50,000, AND MERGING OR SALE OF CLUB ASSETS REQUIRE THE APPROVAL OF THE MEMBERS TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE CLUB DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW THE FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF THE FORM 990 AND THE RELATED SCHEDULES TO THE PRESIDENT AND GENERAL MANAGER. THE PRESIDENT AND GENERAL MANAGER REVIEW THE FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO FILING THE FORM WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB'S PROCESS FOR DETERMINING COMPENSATION OF THE GM, CEO, CFO, OR KEY EMPLOYEES INCLUDE REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS AND MANAGEMENT COMPANY, PROVIDED THAT PERSONS WITH CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED, USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILAR QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR CLUBS, AND DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS FOR THE CLUB ARE AVAILABLE ON THE CLUB'S WEBSITE AND UPON REQUEST. THE FINANCIAL STATEMENTS FOR THE CLUB ARE AVAILABLE UPON REQUEST.