2024-11-15T13:40:51-06:00 2024-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-07-01 130984890 THE LOTOS CLUB INC LOTO 2127377100 5 EAST 66TH STREET NEW YORK NY 10065 PHYLLIS Z GINSTLING TREASURER 2127377100 2024-10-31 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z PHYLLIS Z GINSTLING 5 EAST 66TH STREET NEW YORK NY 10065 15479288 0 X WWW.LOTOSCLUB.ORG X 1870 NY TO PROMOTE AND DEVELOP LITERATURE, ART, SCULPTURE, MUSIC, ARCHITECTURE, JOURNALISM, EDUCATION, AND THE LEARNED PROFESSIONALS AMONG ITS MEMBERS. 24 24 0 200 1573701 312099 20000 0 2939444 3280843 221621 271010 3981539 5024513 7162604 8576366 0 0 0 0 5128477 5460954 0 0 0 2514712 2778434 7643189 8239388 -480585 336978 16480018 15186076 7061338 4157331 9418680 11028745 X SEE SCHEDULE O.THE LOTOS CLUB, INC. (THE "CLUB") WAS FORMED TO PROMOTE AND DEVELOP LITERATURE, ART, SCULPTURE, MUSIC, ARCHITECTURE, JOURNALISM, DRAMA, SCIENCE, EDUCATION AND THE LEARNED PROFESSIONS, AND TO THAT END TO ENCOURAGE AUTHORS, ARTISTS, SCULPTORS, ARCHITECTS, JOURNALISTS, EDUCATORS, SCIENTISTS AND MEMBERS OF THE MUSICAL, DRAMATIC, AND LEARNED PROFESSIONS IN THEIR WORK, AND FOR THESE PURPOSES TO PROVIDE A PLACE OF ASSEMBLY FOR THEM AND OTHER PERSONS INTERESTED IN AND SYMPATHETIC TO THEM, AND THEIR OBJECTIVES, EFFORT AND WORK. 0 0 TAX EXEMPT ACTIVITIES 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 17 0 1 0 1 1 0 0 0 0 693635 1169062 0 0 0 X 24 24 1 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X THE CLUB 2127377100 5 EAST 66TH STREET NEW YORK NY 10065 X JOHN SUSSEK III PRESIDENT 2.00 X X 0 0 0 ALICE M GREENWALD FIRST VICE PRESIDENT 2.00 X X 0 0 0 MICHAEL J CARLTON SECOND VICE PRESIDENT 2.00 X X 0 0 0 PHYLLIS Z GINSTLING TREASURER 2.00 X X 0 0 0 STEVEN E NORTH SECRETARY 2.00 X X 0 0 0 ARTHUR S AINSBERG DIRECTOR 2.00 X 0 0 0 NATALIE EIGEN DIRECTOR 2.00 X 0 0 0 ELYSE BLOOM GREENFIELD DIRECTOR 2.00 X 0 0 0 MARK L LAMPL DIRECTOR 2.00 X 0 0 0 ANTHONY H MANNARA DIRECTOR 2.00 X 0 0 0 HARRIET N COHEN DIRECTOR 2.00 X 0 0 0 ROBERT H ELMAN DIRECTOR 2.00 X 0 0 0 JOHN A KLEIN DIRECTOR 2.00 X 0 0 0 MARY A SUSNJARA DIRECTOR 2.00 X 0 0 0 LEON J WENDER DIRECTOR 2.00 X 0 0 0 CHRISTINA I HAGGLUND DIRECTOR 2.00 X 0 0 0 DEREK COX IRBY DIRECTOR 2.00 X 0 0 0 DAVID L RESNICK DIRECTOR 2.00 X 0 0 0 ROBERT PHILIP SMIT DIRECTOR 2.00 X 0 0 0 JOAN V THORNE DIRECTOR 2.00 X 0 0 0 VINCENT Q GIFFUNI DIRECTOR 2.00 X 0 0 0 J ROGER FRIEDMAN DIRECTOR 2.00 X 0 0 0 PAUL JOCK II DIRECTOR 2.00 X 0 0 0 JOHN SUSSEK DIRECTOR 2.00 X 0 0 0 HEATHER LASNIER GENERAL MANAGER 37.50 X 272004 0 36331 DARLENE P CRAIG CONTROLLER 37.50 X 213840 0 60280 RAYMOND HOLLANDA ASSISTANT GENERAL MANAGER 37.50 X 230399 0 44386 ERIN BURKE PRIVATE DINING MANAGER 37.50 X 136714 0 22486 GILFORD BACKLUND SERVICE MANAGER 1.00 X 135208 0 21637 CHRISTOPHER LANDI CHEF DE CUISINE 1.00 X 105145 0 0 1093310 0 185120 6 0 1 0 0 MEMBERSHIP DUES 713910 2587208 2587208 INITIATION FEES 713910 440000 440000 MORTGAGE SINKING FUND ASSESSMENT 713910 253635 253635 3280843 134083 101756 32327 6022673 5885746 136927 136927 136927 5686330 1017176 4669154 3612125 1057029 GAIN ON INTEREST RATE SWAP TERMIN 900099 277989 277989 CARES ACT - ERPTC 900099 77370 77370 355359 8576366 6892968 1573701 109697 308842 3499319 1652793 24015 33800 53356 389760 493850 2984 321331 331286 177970 FOOD & BEV OPERATIONS 428225 OTHER SPORTS ACTIVITIES 196536 REPAIRS & MAINTENANCE 195421 UNRELATED BUS. INC. TAX 129900 8239388 -2578 126989 877717 265853 1134640 1147289 92234 100465 66175 11393 10414747 5296938 5150405 5117809 8391286 7708854 770139 707424 16480018 15186076 1256630 1249146 1297198 1408185 4507510 0 1500000 7061338 4157331 X 9418680 11028745 9418680 11028745 16480018 15186076 X 336978 880841 392246 X 0 1 X 1 0 40000 40000 8518779 4408753 4110026 1855968 888185 967783 5117809 LINE OF CREDIT 1500000 1500000 10813273 880841 1687411 2568252 8245021 53356 277989 331345 8576366 9203208 1017176 1017176 8186032 53356 53356 8239388 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,017,176. INTEREST RATE SWAP ADJUSTMENT 44,763. PENSION ADJUSTMENT 625,472. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON INTEREST RATE SWAP TERMINATION 277,989. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,017,176. PENSION ADJUSTMENT X X 0 0 0 HEATHER LASNIER GENERAL MANAGER 254504 0 17500 0 0 0 19413 0 16918 0 308335 0 0 0 RAYMOND HOLLANDA ASSISTANT GENERAL MANAGER 212899 0 17500 0 0 0 27290 0 17096 0 274785 0 0 0 DARLENE P CRAIG CONTROLLER 196340 0 17500 0 0 0 26394 0 33886 0 274120 0 0 0 ERIN BURKE PRIVATE DINING MANAGER 133714 0 3000 0 0 0 9995 0 12491 0 159200 0 0 0 GILFORD BACKLUND SERVICE MANAGER 133708 0 1500 0 0 0 9237 0 12400 0 156845 0 0 0 FORM 990, PART I, LINE 1 TO PROMOTE AND DEVELOP LITERATURE, ART, SCULPTURE, MUSIC, ARCHITECTURE, JOURNALISM, EDUCATION, AND THE LEARNED PROFESSIONALS AMONG ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 JOHN SUSSEK, III (PRESIDENT) AND JOHN SUSSEK (DIRECTOR) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE CLUB ENTERED INTO AN AGREEMENT WITH A VENDOR TO PROVIDE PROFESSIONAL EMPLOYER SERVICES TO THE CLUB. THE SERVICES PROVIDED TO THE CLUB INCLUDES, AMONG OTHER THINGS, THE FOLLOWING: HEALTH AND WELFARE BENEFITS AND ADMINISTRATION; WORKERS' COMPENSATION COVERAGE AND ADMINISTRATION; UNEMPLOYMENT CLAIMS ADMINISTRATION; AND HUMAN RESOURCES SERVICES AND GUIDANCE. FORM 990, PART VI, SECTION A, LINE 6 THE LOTOS CLUB, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ELECTIONS ARE HELD ANNUALLY IN MAY WHERE MEMBERS VOTE TO ELECT OFFICERS FOR ONE YEAR TERMS AND BOARD MEMBERS FOR THREE YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE CONSTITUTION BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER REVIEWS THE FORM 990 WITH THE TREASURER AND ALL THE OTHER MEMBERS OF THE GOVERNING BODY ARE GIVEN ACCESS TO THE FORM 990 FOR REVIEW BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES MUST SIGN THE CONFLICT OF INTEREST POLICY FORM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE GENERAL MANAGER IS DETERMINED BY THE EXECUTIVE COMMITTEE WITH A WRITTEN CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT 625,472. INTEREST RATE SWAP ADJUSTMENT 44,763. GAIN ON INTEREST RATE SWAP TERMINATION -277,989.