2024-02-14T11:20:38-06:00 2023-03-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-04-01 140694810 THE TRAIL CLUB INC TRAI 8452253666 607 GIPSY TRAIL ROAD CARMEL NY 10512 KATHERINE YANG TREASURER 8452253666 2024-02-08 1 KATHERINE YANG 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHERINE YANG 607 GIPSY TRAIL ROAD CARMEL NY 10512 4487255 0 X WWW.GIPSYTRAILCLUB.COM X 1924 NY PRIVATE MEMBERSHIP ORGANIZATION & RESIDENTIAL COMMUNITY OF PEOPLE WITH COMMON PURPOSE OF FRIENDSHIP, RELAXATION, PRIVACY, RECREATION & COMMUNITY PARTICIPATION. 9 9 71 9 91560 55883 0 10000 1793271 1808398 975 54133 1807684 1428579 3601930 3301110 0 0 0 0 1243541 1439128 0 0 0 1656080 1870026 2899621 3309154 702309 -8044 11313500 10663278 1214752 572574 10098748 10090704 THE TRAIL CLUB, INC (THE "CLUB") IS A PRIVATE MEMBERSHIP ORGANIZATION AND RESIDENTIAL COMMUNITY OF PEOPLE WITH COMMON PURPOSE OF FRIENDSHIP, RELAXATION, PRIVACY, RECREATION AND COMMUNITY PARTICIPATION. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 1 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 26 0 1 71 1 1 1 0 0 0 0 242267 82951 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PATRICIA CERAVOLE 8452253666 607 GIPSY TRAIL ROAD CARMEL NY 10512 X FREDERICK EHLERT CHAIRMAN 3.00 X X 0 0 0 MALI SANANIKONE GAW PRESIDENT 3.00 X X 0 0 0 DAVID BEACH VICE PRESIDENT - ACTIVITIE 3.00 X X 0 0 0 HANNAH STRASSER VICE PRESIDENT - CAPITAL 3.00 X X 0 0 0 TOM DENNISTON VICE PRESIDENT-BLDG & GROUDS 3.00 X X 0 0 0 KATHERINE YANG TREASURER 3.00 X X 0 0 0 LINDA STESNEY SECRETARY 3.00 X X 0 0 0 EILEEN SHIN GOVERNOR 3.00 X 0 0 0 UNA CHAE GOVERNOR 3.00 X 0 0 0 BRETT PALMER GENERAL MANAGER 40.00 X 177927 0 13222 POWEL MEREZ TENNIS PRO 50.00 X 349941 0 0 527868 0 13222 2 0 1 0 0 10000 10000 MEMBERSHIP DUES 900099 1566131 1566131 DEBT SERVICE ASSESSMENT 900099 145517 145517 INITIATION FEES 900099 96750 96750 1808398 55382 55382 999000 1000249 -1249 -1249 -1249 1609475 185896 1423579 1391152 32427 FIREWOOD SALES 900099 5000 5000 5000 3301110 3199550 91560 0 207525 962751 31330 138545 98977 240 24239 70671 125622 37032 777604 150 33791 SPORTING DEPARTMENTS 517126 R & M AND WATER SERVICE 152027 FOOD & BEV. OPERATIONS 66553 OTHER DEPT. OPERATIONS 40566 24405 3309154 145617 99164 2272808 2689383 54130 101815 26238 21918 36688 52084 0 1000249 200000 200000 7577770 7498914 11313500 10663278 99184 40110 1040577 409094 74991 123370 1214752 572574 X 10098748 10090704 10098748 10090704 11313500 10663278 -8044 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 212.00 1 1 1 0 0 0 DUE FROM TRAIL PROPERTIES, INC. 7299745 SECURITY DEPOSIT 199169 7498914 UNEARNED INCOME 42574 TAXES PAYABLE AND ACCRUED 25586 ACCRUED EXPENSES 42834 ACCRUES INTEREST 12376 123370 X 0 0 0 POWEL MEREZ TENNIS PRO 70957 0 5000 0 273984 0 0 0 0 0 349941 0 0 0 BRETT PALMER GENERAL MANAGER 161327 0 16600 0 0 0 5338 0 7884 0 191149 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE GIPSY TRAIL CLUB, INC. (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF GOVERNORS ARE ELECTED AT THE ANNUAL MEETING OR BY PROXY. FORM 990, PART VI, SECTION A, LINE 7B AS DEFINED BY THE BY-LAWS SOME DECISIONS MUST BE APPROVED BY THE MEMBERSHIP AT THE ANNUAL MEETING OR IN A SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED AND SIGNED BY THE PRESIDENT OR TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A BOARD MEMBER OR NOMINEE TO THE BOARD, WHO IS OR MAY BE INVOLVED IN ANY TRANSACTION, INTEREST OR RELATIONSHIP THAT MAY CREATE AN ACTUAL, POTENTIAL OR PERCEIVED CONFLICT OF INTEREST DURING HIS/HER TERM OF OFFICE, SHOULD NOTIFY THE BOARD AS SOON AS POSSIBLE SO THAT THE BOARD MAY DETERMINE WHETHER THE SITUATION MERITS ACTION BY THE BOARD. IF THE BOARD DETERMINES BY A VOTE THAT THE POTENTIAL CONFLICT OF INTEREST MIGHT INTERFERE WITH BOARD DISCUSSION OR DECISION-MAKING: - THE BOARD MAY ASK THAT BOARD MEMBER TO RECUSE THEMSELVES FROM BOARD DISCUSSION AND VOTING ON RELATED ISSUES, OR - IN THE CASE OF A SERIOUS CONFLICT OR VIOLATION OF NOTIFICATION OF SUCH CONFLICTS, THE BOARD MAY REQUIRE THAT BOARD MEMBER TO WITHDRAW FROM BOARD MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 15 RECRUITING AND COMPENSATION WAS PROCESSED BY THE HUMAN RESOURCES COMMITTEE AND BOARD PRESIDENT. HIRING IS BASED ON REVIEW OF MARKET LEVELS FOR SALARY AND KEY EMPLOYEES AND APPROVED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. TRAIL PROPERTIES INC 607 GIPSY TRAIL ROAD CARMEL NY 10512 141488413 REAL ESTATE NY THE CLUB C 0.76960 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 TRAIL PROPERTIES INC K 632472 FMV