2024-11-15T09:31:42-06:00 2023-12-31 881478669 CBIZ ADVISORS LLC 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2023-01-01 842249627 NATIONAL LINKS TRUST NATI 7039151568 972 OHIO DRIVE SW WASHINGTON DC 20024 JOHN HONG TREASURER 7039151568 2024-11-14 1 1 FRANK H SMITH P00639053 3016913600 2024-11-14 2023 2024-10-15 13:58:12Z JOHN HONG 972 OHIO DRIVE SW WASHINGTON DC 20024 14386021 0 X HTTPS://WWW.NATIONALLINKSTRUST.COM/ X 2019 DC NATIONAL LINKS TRUST IS A NON-PROFIT ORGANIZATION DEDICATED TO POSITIVELY IMPACTING OUR COMMUNITY AND CHANGING LIVES THROUGH AFFORDABLE AND ACCESSIBLE MUNICIPAL GOLF. 17 14 5 714 0 0 1814015 1728941 7506371 9372502 53191 268299 635396 1171246 10008973 12540988 0 0 0 0 410725 857398 106979 296250 577589 7834676 8324727 8352380 9478375 1656593 3062613 12187276 14975614 4606696 4329234 7580580 10646380 X NATIONAL LINKS TRUST IS A NON-PROFIT ORGANIZATION DEDICATED TO POSITIVELY IMPACTING OUR COMMUNITY AND CHANGING LIVES THROUGH AFFORDABLE AND ACCESSIBLE MUNICIPAL GOLF. 0 0 8565373 9375689 NATIONAL LINKS TRUST (NLT) OPERATES THREE MUNICIPAL GOLF COURSES IN WASHINGTON, DC EAST POTOMAC GOLF LINKS, LANGSTON GOLF COURSE AND ROCK CREEK PARK GOLF. THESE PROPERTIES GENERATE REVENUE THROUGH REGULAR GOLF COURSE OPERATIONS; HOWEVER, AS PART OF THE ORGANIZATION'S MISSION TO PROVIDE ACCESSIBLE, AFFORDABLE GOLF TO LOCAL COMMUNITIES, THE RATES ARE WELL BELOW MARKET VALUE. TO BETTER SERVE THE COMMUNITY OF GOLFERS IN WASHINGTON, DC, NLT INVESTED IN COURSE IMPROVEMENT PROJECTS INCLUDING:A. CONTINUED IMPROVEMENT OF COURSE CONDITIONS THROUGH IMPROVED AGRONOMIC PRACTICES.B. EXPANSION OF GREENS AND FAIRWAYS AT LANGSTON GOLF COURSE TO MAKE THE COURSE MORE PLAYABLE FOR NOVICE GOLFERS AND MORE ENGAGING FOR ADVANCED GOLFERS WHILE RETURNING PORTIONS OF THE COURSE TO THEIR HISTORIC INTENTS.C. SIGNIFICANT PLANNING, CONSULTATION, DESIGN, AND REFINEMENT OF FUTURE PLANS FOR LARGE-SCALE CAPITAL IMPROVEMENT PROJECTS AT THE THREE COURSES TO TRANSFORM THEM INTO TRUE COMMUNITY ASSETS THAT BENEFIT BOTH GOLFERS AND NON-GOLFERS IN THE COMMUNITY.D. EXTENSIVE PLANNING AND REVIEW FOR THE RENOVATION AND RESTORATION OF EAST POTOMAC GOLF LINKS' HISTORIC MINIATURE GOLF COURSE.THE JACK VARDAMAN WORKFORCE DEVELOPMENT PROGRAM WAS CONDUCTED AT LANGSTON GOLF COURSE WHERE THIRTY ADOLESCENTS AND YOUNG ADULTS WERE TAUGHT VALUABLE JOB AND LIFE SKILLS WHILE EARNING AN INCOME AND BUILDING ELIGIBILITY FOR COLLEGE SCHOLARSHIP. TO IMPROVE PROGRAM OPERATIONS, NLT RENOVATED THE 'LANGSTON COMMUNITY CLASSROOM' TO PROVIDE A DEDICATED HEADQUARTERS FOR THE PROGRAM EQUIPPED WITH HIGH-SPEED INTERNET ACCESS. THROUGH PARTICIPATING IN THE PROGRAM IN 2022 AND 2023, ONE VARDAMAN INTERN EARNED A FULL COLLEGE HOUSING AND TUITION GRANT.THROUGH STRATEGIC PARTNERSHIPS, DEDICATED MAINTENANCE PRACTICES, AND A GROWING COMMUNITY OF VOLUNTEERS, NLT CONTINUED ITS COMMITMENT TO LONG-TERM ENVIRONMENTAL SUSTAINABILITY AT THE THREE COURSES. IN 2023, NLT ORGANIZED OVER 50 VOLUNTEER EVENTS, RESULTING IN MORE THAN 650 VOLUNTEER HOURS ACROSS OUR THREE FACILITIES. THESE EVENTS WERE CONDUCTED BOTH INDEPENDENTLY AND IN PARTNERSHIP WITH ORGANIZATIONS SUCH AS THE ROCK CREEK CONSERVANCY AND THE ANACOSTIA WATERSHED SOCIETY. VOLUNTEER PROJECTS INCLUDED HABITAT RESTORATION, TRASH COLLECTION, WILD RICE PLANTING, AND FRESHWATER MUSSEL RELEASE. OVER THREE ACRES OF INVASIVE VEGETATION WERE REMOVED TO RESTORE NATIVE HABITATS AT THE GOLF COURSES. VOLUNTEERS COLLECTED 185 BAGS OF TRASH AND CLEARED OVER 50 POUNDS OF BULK WASTE FROM THE COURSES AND SURROUNDING ENVIRONMENTALLY-SENSITIVE AREAS, INCLUDING THE BANKS OF KINGMAN LAKE AND THE ANACOSTIA RIVER NEAR LANGSTON GOLF COURSE. 8565373 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 14 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 AL AR CA FL GA HI IL KS MD MI MS NC NH NJ NM NY OK OR PA RI SC TN UT VA WI WV KY X JOHN HONG TREASURER 7039151568 972 OHIO DRIVE SW WASHINGTON DC 20024 MICHAEL MCCARTIN CHAIRMAN 15.00 X X 50000 0 0 WILL SMITH VICE CHAIRMAN 30.00 X X 50000 0 0 JOHN HONG TREASURER 20.00 X X 25000 0 0 BANCROFT GORDON SECRETARY (UNTIL 07/23) 5.00 X X 0 0 0 TARI CASH DIRECTOR 5.00 X 0 0 0 ALAN FADEL DIRECTOR 5.00 X 0 0 0 KATHRYN KENNEDY DIRECTOR 5.00 X 0 0 0 CRAIG KIRBY DIRECTOR 5.00 X 0 0 0 PENNY LEE DIRECTOR 5.00 X 0 0 0 LISA MITCHELL DIRECTOR 5.00 X 0 0 0 STEVE SAYRE DIRECTOR 5.00 X 0 0 0 STUART SICILANO DIRECTOR 5.00 X 0 0 0 LEMUEL SMITH DIRECTOR 5.00 X 0 0 0 WILLIAM SPENCE DIRECTOR 5.00 X 0 0 0 MATTHEW CUTTS DIRECTOR 5.00 X 0 0 0 MARK TUOHEY DIRECTOR 5.00 X 0 0 0 PATRICIA HINES DIRECTOR 5.00 X 0 0 0 JEFF STRUNK DIRECTOR 5.00 X 0 0 0 DAMIAN COSBY EXECUTIVE DIRECTOR 40.00 X 103125 0 4979 CLARK PASTRICK SR. PROJECT MANAGER 40.00 X 121000 0 0 349125 0 4979 2 0 0 0 QUINN EVANS 2121 WARD PL NW 4TH FLOOR WASHINGTON DC 20037 ARCHITECTURAL, DESIGN AND PLANNING SERVI 1765825 COMMUNITY COUNSELLING SERVICES LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10222 FUNDRAISING CONSULTING 285000 CALLAWAY PO BOX 9002 CARLSBAD CA 920189002 MERCHANDISE 207354 DLL FINANCE LLC PO BOX 77122 MINNEAPOLIS MN 554807702 GOLF CART LEASE 158816 HONOURS GOLF LLC 1960 STONEGATE DRIVE BIRMINGHAM AL 35242 MANAGEMENT SERVICES 150000 8 820608 908333 185328 1728941 GOLF COURSE REVENUE 713910 9372502 9372502 9372502 268299 268299 666455 820608 666455 0 2349824 1178578 1171246 1171246 12540988 10543748 0 268299 X 300937 171757 51702 77478 479366 208542 143670 127154 36824 36824 8135 1037 4071 3027 32136 15543 8129 8464 150000 150000 296250 296250 4682539 4591521 91018 80086 74106 5980 604349 554896 16850 32603 458825 454225 4600 44997 33329 11668 163707 137074 26633 687473 686544 929 119707 119198 509 REPAIRS AND MAINTENANCE 1062346 1062346 EVENTS AND PROGRAMMING 160151 160151 TAXES AND PERMITS 86682 85917 765 DUES AND SUBSCRIPTIONS 23865 22363 1502 9478375 8565373 335413 577589 1216347 936767 5661321 6592984 232361 544989 49358 69875 228506 272114 73085 58395 5289218 633057 2504976 4656161 2221322 1844329 12187276 14975614 553755 729368 97899 80750 813145 671070 3141897 2848046 4606696 4329234 X 4712259 8433301 2868321 2213079 7580580 10646380 12187276 14975614 3062613 0 X X 0 1 X 1 0 X 27818 1049670 2652259 1814015 1728941 7272703 27818 1049670 2652259 1814015 1728941 7272703 2207337 5065366 294 53191 268299 321784 7594487 29375072 0.66700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4040704 111552 3929152 1248514 521505 727009 4656161 RIGHT-OF-USE ASSETS 1844329 1844329 DRIVING RANGE LIABILITY 369638 REFUNDABLE ADVANCE 500000 FINANCE LEASE LIABILITIES 1978408 2848046 X 15132967 1922337 666455 2588792 12544175 0 12544175 12067167 1922337 666455 2588792 9478375 0 9478375 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE (IRS) AS OTHER THAN A PRIVATE FOUNDATION. NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2023, SINCE THE ORGANIZATION HAD NO TAXABLE INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE INCOME TAX POSITIONS TAKEN BY THE ORGANIZATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE ORGANIZATION CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT IT HAS PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. THE ORGANIZATION BELIEVES THAT THERE ARE NO POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE ORGANIZATION'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES X X X X X 1 CANNON GROUP LLC 1001 PENNSYLVANIA AVE NW SUITE 13 WASHINGTON DC 20004 FUNDRAISING SERVICES 0 150000 11250 138750 COMMUNITY COUNSELING SERVICES LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 FUNDRAISING SERVICES 0 0 285000 -285000 150000 296250 -146250 AK AL AR CA CT CO DC FL GA HI IL KS KY MA MD MI MN ME MS NC ND NV NH NJ NM NY OR PA RI OH OK SC TN UT VA WA WI WV MO AUCTION 806331 303096 503235 500000 3235 HIKE 177644 169787 7857 797 6702 358 10 503088 347725 155363 6875 115209 11168 3500 18611 1487063 820608 666455 507672 121911 11168 3500 22204 666455 0 X 1 0 0 0 0 0 0 0 0 PART I, LINE 4A SINCLAIR'S LAST DAY OF EMPLOYMENT WAS 12/31/2022. HE WAS GIVEN 2 MONTHS SALARY AND 12 MONTHS HEALTHCARE AS SEVERANCE. ON 3/1/2023 HE TRANSITIONED TO AN INDEPENDENT CONTRACTOR TO RUN THE NLT CHAMPIONSHIP TOURNAMENT AT $4,000 PER MONTH. X GOLF MEMBERSHIP 1 30000 FMV X GOLF CART 1 13875 FMV X BUILDING REPAIRS AND SUPPLIES 1 9305 FMV X MERCHANDISE 1 7000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE GOLF OPERATIONS ARE PERFORMED BY HONOURS GOLF COMPANY, LLC (HONOURS), A SUBSIDIARY OF TROON GOLF, LLC, A THIRD PARTY. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION PAID HONOURS EMPLOYEE COSTS OF $3,859,144, ADMINISTRATIVE FEES OF $599,139, AND MANAGEMENT FEES OF $150,000. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEE MEETINGS HELD DURING 2023. FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW OF THE DRAFT FORM 990 IS REVIEWED BY THE TREASURER AND THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY INCLUDES FORMAL POLICIES AND PROCEDURES ON DISCLOSING POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS ARE REQUIRED TO BE DISCLOSED IN WRITING ON AN ANNUAL BASIS. ALL BOARD MEMBERS ARE ANNUALLY PROVIDED WITH THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO SIGN THE POLICY TO CONFIRM COMPLIANCE FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVED THE EXECUTIVE DIRECTOR'S COMPENSATION. COMPENSATION IS BASED ON ANNUAL COSTS OF LIVING AS WELL AS A REVIEW OF COMPARATIVE DATA FROM OTHER SIMILAR SIZED ORGANIZATIONS. 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 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 4,151,528. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,151,528. CONSULTANT: PROGRAM SERVICE EXPENSES 439,993. MANAGEMENT AND GENERAL EXPENSES 91,018. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 531,011. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR