2024-04-26T10:33:08-05:00 2023-10-31 352123203 KSM BUSINESS SERVICES INC 202 WEST BERRY STREET SUITE 600 FORT WAYNE IN 46802 990 2022-11-01 350316080 FORT WAYNE COUNTRY CLUB FORT 2604322581 5221 COVINGTON ROAD FORT WAYNE IN 46804 ZACK WYGANT COO 2604322581 2024-04-17 1 ZACK WYGANT 999009999 0 CASSE TATE P01271193 2604968297 2024-04-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ZACK WYGANT 5221 COVINGTON ROAD FORT WAYNE IN 46804 10045839 0 X WWW.FTWAYNECC.ORG X 1908 IN TO PROMOTE SOCIAL ACTIVITIES FOR MEMBERS. 13 13 206 84 281311 0 0 0 5517975 5973148 0 0 2186627 2258045 7704602 8231193 0 0 0 0 3993055 4437402 0 0 0 3290901 3393533 7283956 7830935 420646 400258 11062115 11732042 7038469 7272138 4023646 4459904 TO PROMOTE SOCIAL ACTIVITIES FOR MEMBERS. 0 0 SWIMMING, TENNIS, FITNESS, AND GOLF ACTIVITIES WERE PROVIDED TO 665 MEMBERS DURING THE YEAR, WITH WORLD-CLASS FACILITIES INCLUDING A STATE-OF-THE-ART GOLF ACADEMY AND TWO-STORY FITNESS CENTER. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 2 0 1 206 1 1 1 0 0 0 0 928424 462776 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 IN X ZACK WYGANT 2604322581 5221 COVINGTON ROAD FORT WAYNE IN 46804 DON BANOWETZ PRESIDENT 1.00 X X 0 0 0 RICH HONIG VICE PRESIDENT 1.00 X X 0 0 0 RANDY BORROR SECRETARY 1.00 X X 0 0 0 MIKE WALLACE TREASURER 1.00 X X 0 0 0 CHAD BURCH DIRECTOR 1.00 X 0 0 0 LYNN REECER DIRECTOR 1.00 X 0 0 0 HOLLY SKEKLOFF DIRECTOR 1.00 X 0 0 0 JIM WILCOX DIRECTOR 1.00 X 0 0 0 MIKE CATALOGNA DIRECTOR 1.00 X 0 0 0 RACHEL LOECHNER DIRECTOR 1.00 X 0 0 0 CATHERINE COLLINS DIRECTOR 1.00 X 0 0 0 JIM COOK DIRECTOR 1.00 X 0 0 0 ED KEIL DIRECTOR 1.00 X 0 0 0 ZACK WYGANT COO/GENERAL MANAGER 40.00 X 259044 0 1270 BRIAN J CHALIFOUX SUPERINTEND.-GROUNDS 40.00 X 136781 0 490 CHAD AYRES GOLF PROFESSIONAL 40.00 X 243556 0 1683 BROCK ORLOWSKI DIRECTOR OF TENNIS 40.00 X 170697 0 682 BETH ANN RIECKE DIRECTOR OF MEMBERSHIP 40.00 X 102998 0 1032 913076 0 5157 5 0 1 0 0 MEMBERSHIP DUES & INITIATION 713910 4294441 4294441 GOLF FEES AND LESSON INCOME 713910 671414 671414 CAPITAL PROJECT FEES 713910 655590 655590 EVENT CHARGES 713910 242954 242954 LOCKER RENTAL AND SHOE FEES 713910 41181 41181 67568 67568 5973148 4030196 1814646 2215550 1934239 281311 FINANCE CHARGE 713910 38026 38026 MISCELLANEOUS 713910 4469 4469 42495 8231193 7949882 281311 0 271130 3145207 718532 302533 37450 219625 19908 106358 468694 169200 875280 159664 SUPPLIES & UNIFORMS 319273 GOLF COURSE MAINTENANCE 298218 REPAIRS & MAINTENANCE 255679 GOLF CART LEASE 76580 387604 7830935 2322601 2270882 588275 669009 472175 515667 31129 108052 23744835 15698434 7647935 8046401 0 122031 11062115 11732042 716383 633301 1830692 1976748 4491394 4662089 7038469 7272138 X 1669116 1693616 3208700 3220200 -854170 -453912 4023646 4459904 11062115 11732042 X 400258 36000 X X 0 1 X 1 0 224561 224561 12605140 8075827 4529313 4040623 3163297 877326 6874511 4459310 2415201 8046401 X 10045839 1814646 1814646 8231193 0 8231193 9645581 1814646 1814646 7830935 0 7830935 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. THE CLUB HAS UNRELATED BUSINESS INCOME RELATED TO ITS NONMEMBER GOLF AND RESTAURANT ACTIVITIES. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR FISCAL YEARS 2023 AND 2022. THE CLUB FILES U.S. FEDERAL AND INDIANA INFORMATION AND TAX RETURNS. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. MANAGEMENT BELIEVES THAT THE CLUB'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN MATERIAL CHANGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - INVENTORY 1,814,646. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - INVENTORY 1,814,646. X X 0 0 0 ZACK WYGANT COO/GENERAL MANAGER 259044 0 0 0 0 0 0 0 1270 0 260314 0 0 0 CHAD AYRES GOLF PROFESSIONAL 243556 0 0 0 0 0 0 0 1683 0 245239 0 0 0 BROCK ORLOWSKI DIRECTOR OF TENNIS 170697 0 0 0 0 0 0 0 682 0 171379 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A NOT-FOR-PROFIT CORPORATION ORGANIZED WITH VARIOUS CLASSES OF GOLF AND SOCIAL MEMBERS. ALL MEMBERS WHO HAVE PAID THE REQUIRED INITIATION FEE AND CAPITAL CONTRIBUTION ARE STOCKHOLDERS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7A ALL ACTIVE MEMBERS OF THE CLUB HAVE A RIGHT TO VOTE ON THE ELECTION OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE MEMBERS HAVE THE RIGHT TO VOTE TO APPROVE, ON AN ANNUAL BASIS, THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS PRESENTED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB REQUIRES ALL NEWLY ELECTED DIRECTORS TO SIGN THE POLICY AND DISCLOSE ANY CONFLICTS OF INTEREST. IF A CONFLICT EXISTS, IT IS BROUGHT TO THE ATTENTION OF THE BOARD PRESIDENT. ANY DIRECTOR WITH A CONFLICT ABSTAINS FROM VOTING ON MATTERS RELATED TO THE CONFLICT OF INTEREST DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE GENERAL MANAGER IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE BASED ON PERFORMANCE AND FOR REASONABLENESS WITH OTHER CLUBS OF SIMILAR SIZE AND GEOGRAPHIC LOCATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO CURRENT AND PROSPECTIVE MEMBERS UPON REQUEST OR IN MEMBERSHIP MATERIALS. FORM 990, PART XI, LINE 9: CAPITAL STOCK PURCHASED BY STOCKHOLDING MEMBERS 25,000. CAPITAL STOCK DEPOSITS 15,000. CAPITAL STOCK USED FOR REINSTATEMENT AND INITIATION FEES -15,500. TERMINATED MEMBER STOCK TRANSFERRED FROM CAPITAL STOCK 11,500. PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT OR ACCOUNTANT SELECTION PROCESS.