2024-02-15T12:44:36-06:00 2023-03-31 341310124 REA & ASSOCIATES INC 6300 ROCKSIDE RD CLEVELAND OH 44131 990 2022-04-01 340129600 CANTERBURY GOLF CLUB INC CANT 2165611000 22000 SOUTH WOODLAND ROAD CLEVELAND OH 44122 MICHAEL LUKEGORD GENERAL MANAGER 2165611000 2024-02-13 1 MICHAEL LUKEGORD 999009999 0 MATTHEW B HIGGINS CPA P01861280 2165732330 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK DEFINO 22000 SOUTH WOODLAND ROAD CLEVELAND OH 44122 8899760 0 X WWW.CANTERBURYGC.ORG X 1921 OH PROVISION OF SOCIAL AND RECREATIONAL ACTIVITIES FOR ITS MEMBERS 7 7 261 0 498074 0 0 0 6254058 8223491 142 244 971706 272605 7225906 8496340 0 0 0 0 2675158 3214134 0 0 0 6032389 4770323 8707547 7984457 -1481641 511883 2846772 3578560 4769943 4988048 -1923171 -1409488 PROVISION OF SOCIAL AND RECREATIONAL ACTIVITIES FOR ITS MEMBERS 0 0 CANTERBURY GOLF COURSE, DESIGNED BY HERBERT STRONG, IS NATIONALLY RECOGNIZED AS ONE OF THE 50 FOREMOST GOLF COURSES IN THE UNITED STATES AND ONE OF THE FINEST COURSES IN OHIO. NOW OVER A 100 YEARS OLD, CANTERBURY SERVES OVER 400 MEMBERS WITH ITS CHAMPIONSHIP COURSE, ELEGANT CLUBHOUSE, POOL, PLATFORM TENNIS, AND OTHER AMENITIES. CANTERBURY GOLF CLUB IS THE SECOND U.S. CLUB TO HOST ALL FIVE MENS ROTATING MAJOR CHAMPIONSHIPS : THE PGA CHAMPIONSHIP, THE SENIOR PGA CHAMPIONSHIP, THE U.S. OPEN, THE SENIOR U.S. OPEN, AND THE U.S. AMATEUR. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 261 1 1 1 0 0 0 0 1469606 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X THE ORGANIZATION 2165611000 22000 SOUTH WOODLAND ROAD CLEVELAND OH 44122 X TIM CERCELLE PRESIDENT 3.00 X X 0 0 0 PHILLIP BARRAGATE VICE PRESIDENT / SECRETARY 4.00 X X 0 0 0 JIM MCGONAGLE GREENS LIAISON 3.00 X 0 0 0 JIM KEENE TREASURER / FINANCE LIASON 4.00 X X 0 0 0 DARYL LAISURE HOUSE CHAIRMAN 0.50 X 0 0 0 KAREN GILMORE MEMBERSHIP LIAISON 0.50 X 0 0 0 REID WAGNER GOLF LIASON 0.50 X 0 0 0 JAMIE KEARNEY CONTROLLER 40.00 X 0 0 0 MICHAEL LUKEGORT GENERAL MANAGER 40.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES & ASSE 713910 5242816 5242816 FOOD AND BEVERAGES 713910 2035307 1701555 333752 GREEN FEES (ACTIVITY F 713910 447730 358368 89362 GOLF CART RENTAL (ACTI 713910 259711 210657 49054 USAGE FEES 713910 237927 237927 8223491 244 244 17872 17872 600141 403420 196721 188931 7790 MEMBER LATE CHARGES AN 713910 58012 58012 58012 8496340 7998266 498074 0 2572151 26136 323828 292019 14440 8537 173859 25975 9355 112439 10817 89483 GROUNDS MAINTENANCE 2842177 CAPITAL IMPROVEMENTS 1450793 MEMBER SERVICES 32448 7984457 716684 1280680 548648 119033 666881 1167924 401030 433094 315125 224685 198404 198404 198404 0 154740 2846772 3578560 1149893 935845 641432 1130656 2978618 2766807 0 154740 4769943 4988048 X 27900 29700 0 0 -1951071 -1439188 -1923171 -1409488 2846772 3578560 X 511883 1800 X X 1 X 0 1 0 198404 198404 198404 LEASE LIABILITY 154740 154740 X PART X, LINE 2: THE CLUB ADOPTED THE PROVISIONS OF "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" WHICH PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE, IF ANY. AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD, THE COMPANY DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITION. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE CURRENTLY 11 CLASSES OF MEMBERSHIP OFFERED CONFERRING DIFFERENT LEVELS OF PRIVILAGES FROM "RESIDENT MEMBERSHIP" WITH FULL GOLF AND CLUB PRIVILEGES TO "DINING MEMBERSHIP" WHICH CONFERS DINING ONLY PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A CANTERBURY GOLF CLUB, INC. DOES HAVE MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WHO HAVE THE POWER TO ELECT OR APPOINT ONE OF MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THERE ARE GOVERNANCE DECISIONS OF THE ORGANIZATION RESERVED TO (OR SUBJECT TO APPROVAL BY) MEMBERS, STOCKHOLDERS, OR PERSONS OTHER THAN THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE CLUB'S CONTROLLER, GENERAL MANAGER, TREASURER AND MEMBERS OF THE FINANCE COMMITTEE AND PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 ALL OFFICERS AND TRUSTEES ARE REQUIRED TO MAKE KNOWN ANY CONFLICTS OF INTEREST. ANY SUCH CONFLICTS WILL BE RESOLVED BY THE BOARD AND INDIVIDUALS INVOLVED SHALL ABSTAIN FROM VOTING ON ANY MATTERS WHICH INVOLVE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIALS ARE DETERMINED AND APPROVED BY THE OFFICERS OF THE CLUB. CLUB MANAGER'S COMPENSATION IS DETERMINED BASED ON COMPARABLE SALARIES IN SIMILAR POSITIONS AND IS APPROVED BY THE BOARD. THE CONTROLLER'S AND HEAD GREENSKEEPER'S COMPENSATION IS DETERMINED BASED ON COMPARABLE SALARIES IN SIMILAR POSITIONS AND IS APPROVED BY THE CLUB MANAGER AND OFFICERS. DUE TO THE PUBLIC DISCLOSURE OF FORM 990 SPECIFIC DETAILS OF OUR TOP MANAGERS HAVE BEEN OMITTED AND WOULD BE PROVIDED UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CURRENT GOVERNING DOCUMENTS, CURRENT FINANCIAL STATEMENTS, AND CURRENT FORM 990 ARE MADE AVAILABLE UPON REQUEST, ANNUAL FINANCIAL STATMENTS DISTRIBUTED TO MEMBERSHIP ANNUALLY AND REVIEWED BY FINANCE COMMITTEE AND BOARD MONTHLY. GOVERNING DOCUMENTS AND BI-LAWS ARE PUBLISHED ON THE CLUB WEBSITE FORM 990, PART XI, LINE 9: PROCEEDS FROM ISSUANCE OF STOCK 1,800. OVERSIGHT PROCESS: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS DURING THE YEAR.