2024-11-15T19:22:45-05:00 2023-12-31 911125800 SHANNON & ASSOCIATES LLP 1851 CENTRAL PLACE SOUTH SUITE 225 KENT WA 980307507 990 2023-01-01 910827225 FAIRWOOD GOLF & COUNTRY CLUB FAIR 4252269700 17070 140TH AVE SE RENTON WA 98058 JOHN BAUMANN PRESIDENT 4252269700 2024-11-15 true false JULIE COURTNEY P00177348 2538528500 2024-11-15 2023 2024-10-15 13:58:12Z JOHN BAUMANN 17070 140TH AVE SE RENTON WA 98058 5714626 false X WWW.FAIRWOOD.ORG X 1967 WA TO CREATE THE ULTIMATE DESTINATION FOR GOLF ENTHUSIASTS AND THOSE SEEKING A WELL-ROUNDED LEISURE EXPERIENCE WITH AMENITIES INCLUDING AN 18-HOLE GOLF COURSE THAT IS CHALLENGING AND ENJOYABLE, A COVERED RANGE AND PRACTICE FACILITIES, AN 8-LANE JUNIOR-SIZED OLYMPIC SWIMMING POOL, AND CLUBHOUSE FACILITIES OFFERING A STATE-OF-THE-ART FITNESS FACILITY WITH GROUP FITNESS CLASSES, A RELAXING LOUNGE, FINE-DINING, AND BANQUET AND EVENT SPACE. 10 10 145 70 477263 504 0 3640885 3701999 582 1894 981134 1126402 4622601 4830295 0 0 2671794 3217467 0 0 1808244 1822031 4480038 5039498 142563 -209203 6234408 5848728 3140351 2880376 3094057 2968352 X TO CREATE THE ULTIMATE DESTINATION FOR GOLF ENTHUSIASTS AND THOSE SEEKING A WELL-ROUNDED LEISURE EXPERIENCE WITH AMENITIES INCLUDING AN 18-HOLE GOLF COURSE THAT IS CHALLENGING AND ENJOYABLE, A COVERED RANGE AND PRACTICE FACILITIES, AN 8-LANE JUNIOR-SIZED OLYMPIC SWIMMING POOL, AND CLUBHOUSE FACILITIES OFFERING A STATE-OF-THE-ART FITNESS FACILITY WITH GROUP FITNESS CLASSES, A RELAXING LOUNGE, FINE-DINING, AND BANQUET AND EVENT SPACE. false false PROVIDING MEMBERS AND GUESTS WITH ACCESS AND USE OF CLUB FACILITIES FOR RECREATION AND RELAXATION INCLUDING THE 18-HOLE GOLF COURSE, RESTAURANT, LOUNGE, OLYMPIC SWIMMING POOL, FITNESS CENTER, AND OTHER CLUBHOUSE AMENITIES. false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 13 0 true 145 true true true false false false false 181500 578334 false false false X 10 10 false false false false true true true true true false false false true true true true true false false false X X BRYON HAMMOCK 4252269700 17070 140TH AVE SE RENTON WA 98058 BRYON HAMMOCK GENERAL MANA 40.00 X 59235 0 0 JOHN BAUMANN PRESIDENT 1.50 X X 0 0 0 MARK BRYAN EXOFFICIO 1.50 X 0 0 0 BRYAN COOKE TRUSTEE 1.50 X 0 0 0 KAREN ERICKSON TREASURER 1.50 X X 0 0 0 RICHARD HAAS TRUSTEE 1.50 X 0 0 0 JANUARIE HELLMAN SECRETARY 1.50 X X 0 0 0 FRANK LACOLUCCI TRUSTEE 1.50 X 0 0 0 KEN MCDOUGALL TRUSTEE 1.50 X 0 0 0 CHRIS MORTON VICE PRESIDE 1.50 X X 0 0 0 DENNIS PARMLEY TRUSTEE 1.50 X 0 0 0 59235 false false false SPIKETON CONSTRUCTION ENTERPRISES PO BOX 340 BUCKLEY WA 98321 CONSTRUCTION 107860 1 MEMBERSHIP DUES & ASSESSMENTS 713910 3090763 3090763 GREEN FEES NON-MEMBER 713910 288136 288136 GREEN FEES 713910 192574 192574 SWIM & FITNESS 713910 121386 121386 LOCKER RENTALS 713910 9140 9140 3701999 1894 1894 2010733 884331 1126402 939169 187233 4830295 4353032 477263 59235 2595206 1040 253703 308283 62500 26058 20736 8768 31476 53083 341574 11898 3679 91919 338910 65523 SUPPLIES 154946 REPAIRS & MAINTENANCE 152304 LANDSCAPING 126224 SECURITY 104105 228328 5039498 0 0 0 714332 189776 749563 1030527 397948 151622 188309 206136 29673 8060 13176201 9126996 4087865 4049205 66718 213402 6234408 5848728 437528 369994 221004 389668 2212105 2107735 269714 12979 3140351 2880376 X 2344494 2968352 749563 3094057 2968352 6234408 5848728 X -209203 -23002 106500 X true X false true false 512196 512196 6597353 4555466 2041887 2422392 1572574 849818 3644260 2998956 645304 4049205 LEASE LIABILITIES 12979 12979 X SCHEDULE D, PAGE 3, PART X ACCOUNTING FOR INCOME TAX GUIDANCE REQUIRES NONPUBLIC ENTITIES TO DETERMINE AND EVALUATE UNCERTAIN TAX POSITIONS. THE STANDARD REQUIRES ENTITIES TO MEASURE, RECOGNIZE, AND DISCLOSE UNCERTAIN TAX POSITIONS. THE TERM TAX POSITION INCLUDES, BUT IS NOT LIMITED TO, A DECISION NOT TO FILE A RETURN, THE CHARACTERIZATION OF INCOME OR A DECISION TO EXCLUDE REPORTING TAXABLE INCOME ON A TAX RETURN, AND THE ENTITY'S TAX-EXEMPT STATUS. MANAGEMENT BELIEVES THE CLUB DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE CLUB MAY BE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR CALENDAR YEARS AFTER 2020. FORM 990 - ORGANIZATION'S MISSION TO CREATE THE ULTIMATE DESTINATION FOR GOLF ENTHUSIASTS AND THOSE SEEKING A WELL-ROUNDED LEISURE EXPERIENCE WITH AMENITIES INCLUDING AN 18-HOLE GOLF COURSE THAT IS CHALLENGING AND ENJOYABLE, A COVERED RANGE AND PRACTICE FACILITIES, AN 8-LANE JUNIOR-SIZED OLYMPIC SWIMMING POOL, AND CLUBHOUSE FACILITIES OFFERING A STATE-OF-THE-ART FITNESS FACILITY WITH GROUP FITNESS CLASSES, A RELAXING LOUNGE, FINE-DINING, AND BANQUET AND EVENT SPACE. FORM 990, PAGE 1, PART I, LINE 6 THE ORGANIZATION'S BOARD MEMBERS ARE ALL UNPAID VOLUNTEERS, IN ADDITION, VOLUNTEERS ASSIST THE ORGANIZATION THROUGH PARTICIPATION ON SUBCOMMITTEES INCLUDING THE GREENS, FINANCE, GOLF, HOUSE, NOMINATING, SOCIAL, STRATEGIC PLANNING, SWIM & FITNESS, AND COMMUNICATIONS COMMITTEES. OTHER VOLUNTEERS ASSIST WITH GOLF TOURNAMENT AND EVENT DECORATION, REGISTRATION, AND OPERATION. FORM 990, PAGE 6, PART VI, LINE 6 THE CLUB HAS APPROXIMATELY 250 EQUITY MEMBERS AND 420 NON-EQUITY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A EQUITY MEMBERS VOTE TO ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B LARGE CAPITAL IMPROVEMENTS TO THE CLUB AND/OR GOLF COURSE REQUIRE MEMBER APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE GENERAL MANAGER, TREASURER AND OTHER OFFICERS THAT WISH TO REVIEW THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF TRUSTEES HAS A CONFLICT OF INTEREST POLICY AND EACH TRUSTEE TAKES AN OATH TO ABIDE BY THE POLICY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART XI, LINE 9 CAPITAL CONTRIBUTIONS FROM NEW MEMBERS 106,500 PRIOR PERIOD ADJUSTMENTS RESULTED FROM UPDATING APPLICATION OF REVENUE RECOGNITION STANDARDS TO CONFORM WITH GAAP. THIS DEFERRED REVENUE RECOGNITION FOR INITIATION FEES FOR NON-OWNER MEMBERS. OTHER INCREASES IN NET ASSETS RESULT FROM RECOGNITION OF INITIATION FEES RECEIVED FROM OWNER MEMBERS AS CAPITAL CONTRIBUTIONS.