2024-11-15T12:56:11-05:00 2023-12-31 416192096 BOYUM & BARENSCHEER PLLP 3050 METRO DR STE 200 MINNEAPOLIS MN 554251547 990 2023-01-01 411865981 SPRING HILL GOLF CLUB SPRI 9524731500 725 COUNTY ROAD 6 WAYZATA MN 55391 JEFF KRINGEN DIRECTOR OF GOLF 9524731500 2024-11-15 true false BECKY L GIBBS P01379383 9528544244 2024-11-15 2023 2024-10-15 13:58:12Z JEFF KRINGEN 7578482 false X WWW.SPRINGHILLGC.COM X 1997 MN TO PROVIDE GOLF, RECREATIONAL, AND SOCIAL ACTIVITIES TO CLUB MEMBERSHIP. 10 10 135 10 62072 27780 0 5984206 6242343 24940 11542 591697 759190 6600843 7013075 0 0 2678665 3114627 0 0 2257185 2671892 4935850 5786519 1664993 1226556 17083616 18265597 447448 394873 16636168 17870724 TO PROVIDE GOLF, RECREATIONAL, AND SOCIAL ACTIVITIES TO CLUB MEMBERSHIP. false false PROVIDE AN EXCLUSIVE GOLF EXPERIENCE, AND OFFERED DINING ANDCONVENIENT PRO SHOP MERCHANDISE TO OVER 200 MEMBERS false 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 1 0 true 135 true true true false false false false 2065000 38363 false false false X 10 10 false false false false true true false true false false false true true true true true true true true false MN X CARTER GIDLOW 9524731500 725 COUNTRY ROAD 6 WAYZATA MN 55391 JEFF KRINGEN DIRECTOR OF 40.00 X 278100 0 9072 TIM JOHNSON SUPERINTENDE 40.00 X 266769 0 8460 PETER AHN PRESIDENT 1.00 X X 0 0 0 MIKE SWEENY TREASURER 1.00 X X 0 0 0 DAVID MILLER SECRETARY 1.00 X X 0 0 0 SCOTT DAYTON DIRECTOR 1.00 X 0 0 0 ANDREW TURNER DIRECTOR 1.00 X 0 0 0 JASON CALLAN DIRECTOR 1.00 X 0 0 0 MARTY NANNE DIRECTOR 1.00 X 0 0 0 DAVID OXFORD DIRECTOR 1.00 X 0 0 0 JP PRENEVOST DIRECTOR 1.00 X 0 0 0 PHIL SORAN DIRECTOR 1.00 X 0 0 0 544869 17532 2 false true false MEMBERSHIP DUES 713910 4162747 4162747 INITIATION FEES 713910 2065000 2065000 MISCELLANEOUS REVENUE 713910 14596 14596 6242343 11542 11542 935539 565407 370132 12167 357965 MEMBER REIMBURSEMENTS 713910 350695 350695 GUEST FEES 713910 38363 38363 389058 7013075 6242343 62072 708660 560512 2020825 17841 116471 398978 306836 22900 558439 26817 16783 142588 16170 668895 105162 REPAIRS AND MAINTENANCE 233533 PROPERTY TAXES 117078 GIVEAWAYS 106054 GOLF EXPENSE 57504 293133 5786519 0 0 0 1850713 247095 1069863 581306 29018 38366 111974 158701 77074 145435 30737534 13805488 13944974 16932046 162648 17083616 18265597 447448 242600 152273 447448 394873 X 16636168 17870724 16636168 17870724 17083616 18265597 X 1226556 8000 X false true X true false 5500000 5500000 8995117 3101103 5894014 2909881 2394671 515210 13332536 8309714 5022822 16932046 LEASE LIABILITIES 152273 152273 X 7566940 565407 565407 7001533 11542 11542 7013075 6351926 565407 565407 5786519 5786519 SCHEDULE D, PAGE 3, PART X THE CLUB HAS NOT BEEN RECENTLY AUDITED; AND ACCORDINGLY, THE TAX RETURNS FOR THE PAST THREE YEARS ARE OPEN TO EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT THEY DO NOT RESULT IN ANYTHING THAT WOULD REQUIRE EITHER RECORDING OR DISCLOSURE IN THE FINANCIAL STATEMENTS BASED ON THE CRITERIA SET FORTH IN ASC 740 (INCOME TAXES). SCHEDULE D, PAGE 4, PART XI, LINE 2D COGS 565,407 SCHEDULE D, PAGE 4, PART XI, LINE 4B INTEREST INCOME 11,542 GAIN ON DISPOSAL OF FIXED ASSETS 0 SCHEDULE D, PAGE 4, PART XII, LINE 2D COGS 565,407 X false false false JEFF KRINGEN DIRECTOR OF GOLF 226800 50000 1300 9072 287172 TIM JOHNSON SUPERINTENDENT 216000 50000 769 8460 275229 FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS KNOWN AS EQUITY MEMBERS. EQUITY MEMBERS AND THEIR LEGALLY MARRIED SPOUSES MAY BECOME GOLF MEMBERS OF SPRING HILL. THE EQUITY MEMBERS ARE DIVIDED AMONG TWO CATEGORIES: NATIONAL EQUITY MEMBERS (15 MAX) AND REGULAR EQUITY MEMBERS (215 MAX). NATIONAL EQUITY MEMBERS SHALL BE THOSE NATURAL PERSONS WHO HAVE BEEN INVITED TO BECOME NATIONAL EQUITY MEMBERS BY THE BOARD OF DIRECTORS, HAVE NO PLACE OF RESIDENCE (WHETHER SEASONAL OR PERMANENT, WHETHER LEASED OR OWNED) WITHIN 75 MILES FROM SPRING HILL'S CLUBHOUSE FACILITY, AND HAVE PAID THE EQUITY PAYMENT ESTABLISHED BY THE BOARD OF DIRECTORS FOR NATIONAL EQUITY MEMBERS OR AGREED TO PAY THE EQUITY PAYMENT PURSUANT TO A PAYMENT PLAN ESTABLISHED BY THE BOARD OF DIRECTORS. REGULAR EQUITY MEMBERS SHALL BE THOSE NATURAL PERSONS WHO HAVE BEEN INVITED TO BECOME REGULAR EQUITY MEMBERS BY THE BOARD OF DIRECTORS, AND HAVE EITHER PAID THE EQUITY PAYMENT ESTABLISHED BY THE BOARD OF DIRECTORS FOR REGULAR EQUITY MEMBERS, AGREED TO PAY THE EQUITY PAYMENT PURSUANT TO A PAYMENT PLAN ESTABLISHED BY THE BOARD OF DIRECTORS, OR AGREED TO PAY THE EQUITY PAYMENT AS A JUNIOR REGULAR EQUITY MEMBER. THE BOARD OF DIRECTORS MAY ESTABLISH THE AGE FOR ELIGIBILITY TO BECOME A SENIOR REGULAR EQUITY MEMBER (THE "SENIOR AGE"). A REGULAR EQUITY MEMBER MAY ELECT TO BECOME A SENIOR REGULAR EQUITY MEMBER AS OF JANUARY 1 OF ANY CALENDAR YEAR IN WHICH HE OR SHE HAS ATTAINED OR WILL ATTAIN THE SENIOR AGE BY WRITTEN NOTICE TO SPRING HILL PRIOR TO SUCH DATE. A SENIOR REGULAR EQUITY MEMBER MAY ELECT TO TERMINATE HIS OR HER STATUS AS A SENIOR REGULAR EQUITY MEMBER AND BECOME A REGULAR EQUITY MEMBER AS OF THE NEXT SUCCEEDING JANUARY 1 BY WRITTEN NOTICE TO SPRING HILL PRIOR TO SUCH DATE. THE BOARD OF DIRECTORS MAY ESTABLISH THE AGE FOR ELIGIBILITY TO BECOME A JUNIOR REGULAR EQUITY MEMBER (THE "JUNIOR AGE"). A REGULAR EQUITY MEMBER MAY ELECT TO BECOME A JUNIOR REGULAR EQUITY MEMBER AS OF THE DATE HE OR SHE BECOMES A REGULAR EQUITY MEMBER IF DURING THE CALENDAR YEAR IN WHICH HE OR SHE BECOMES A REGULAR EQUITY MEMBER, HE OR SHE WILL NOT HAVE ATTAINED THE JUNIOR AGE BY THE END OF SUCH YEAR. A JUNIOR REGULAR EQUITY MEMBER MAY ELECT TO TERMINATE HIS OR HER STATUS AS A JUNIOR REGULAR EQUITY MEMBER ANY BECOME A REGULAR EQUITY MEMBER AS OF THE NEXT SUCCEEDING JANUARY 1 BY WRITTEN NOTICE TO SPRING HILL. FORM 990, PAGE 6, PART VI, LINE 7A THE VOTING MEMBERS IN THE ORGANIZATION ARE NATURAL PERSONS WHO ARE EITHER AN EQUITY MEMBER, WHO IS NOT A JUNIOR OR SENIOR REGULAR EQUITY MEMBER, OR THE LEGALLY MARRIED SPOUSE OF AN EQUITY MEMBER, WHO IS NOT A JUNIOR OR SENIOR REGULAR EQUITY MEMBER. EACH NATIONAL EQUITY MEMBER AND EACH SPOUSE OF A NATIONAL EQUITY MEMBER SHALL HAVE ONE-HALF VOTE WITH RESPECT TO ALL MATTERS VOTED UPON BY THE VOTING MEMBERS. EACH REGULAR EQUITY MEMBER WHO IS A VOTING MEMBER AND EACH SPOUSE OF A REGULAR EQUITY MEMBER WHO IS A VOTING MEMBER SHALL HAVE ONE VOTE WITH RESPECT TO ALL MATTERS VOTED UPON BY THE VOTING MEMBERS. NEW MEMBERS AND/OR SUCCESSORS OF THE BOARD OF DIRECTORS SHALL BE NOMINATED BY THE EXISTING BOARD OF DIRECTORS AND SUBMITTED TO THE VOTING MEMBERS FOR ELECTION. FORM 990, PAGE 6, PART VI, LINE 8B THERE IS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING, A COPY OF THE FORM 990 IS RECEIVED FROM AN INDEPENDENT PREPARER AND THEN IS DISTRIBUTED TO THE TREASURER AND PRESIDENT FOR REVIEW. ONCE APPROVAL HAS BEEN GIVEN, A COPY IS DISTRIBUTED TO THE REST OF THE BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 12C MANAGEMENT REGULARLY AND CONSISTENTLY MONITORS THIS POLICY WITH CURRENT BOARD MEMBERS. IF A CONFLICT OF INTEREST SITUATION IS IDENTIFIED, PROCEDURES ARE IN PLACE FOR FULL ENFORCEMENT OF COMPLIANCE WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD MEETS ANNUALLY TO SET THE TOP OFFICIAL'S COMPENSATION USING COMPARABILITY DATA FROM SIMILAR CLUBS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD MEETS ANNUALLY TO SET OTHER OFFICER'S COMPENSATION USING COMPARABILITY DATA FROM SIMILAR CLUBS. FORM 990, PAGE 6, PART VI, LINE 19 THE FINANCIAL INFORMATION AND GOVERNING DOCUMENTS ARE PROVIDED TO EACH MEMBER UPON JOINING AND ARE ALSO AVAILABLE ON AN AS-REQUESTED BASIS. FORM 990, PART XI, LINE 9 NET EQUITY PAYMENTS FROM MEMBERS 8,000