2024-09-03T12:20:59-05:00 2023-12-31 161375790 DEJOY & CO CPAS LLP 280 EAST BROAD STREET SUITE 300 ROCHESTER NY 14604 990 2023-01-01 843346165 NEW CLUB INC NEWC 5859246464 100 COBBLE CREEK ROAD VICTOR NY 14564 MATHEW HILL TREASURER 5859246464 2024-09-03 1 0 TIMOTHY P THANEY CPA P01231250 5855461840 2023 2024-08-08 14:25:15Z COBBLESTONE CREEK COUNTRY CLUB MATHEW HILL 100 COBBLE CREEK ROAD VICTOR NY 14564 6429425 0 X WWW.COBBLESTONECREEKCC.COM X 2019 NY NEW CLUB, INC. (DBA COBBLESTONE CREEK COUNTRY CLUB) IS A PRIVATE COUNTRY CLUB LOCATED IN VICTOR, NY CREATED FOR THE RECREATION AND PLEASURE OF ITS MEMBERS, THEIR FAMILIES AND GUESTS. THE CLUB IS LOCATED ON OVER 200 ACRES WITH AN 18 HOLE SCOTTISH LINKS STYLE GOLF COURSE AND A CLUBHOUSE WHICH INCLUDES A FULL FOOD AND BEVERAGE OPERATION. FITNESS, POOL AND TENNIS ACTIVITIES ARE ALSO OFFERED TO MEMBERS AND THEIR FAMILIES. 9 9 187 7 390015 0 222669 0 2952006 4468683 0 0 1170542 1183636 4345217 5652319 0 0 0 0 2444042 2832586 0 0 0 1943911 2362900 4387953 5195486 -42736 456833 3263018 5273638 3330866 4915285 -67848 358353 NEW CLUB, INC. (COBBLESTONE CREEK COUNTRY CLUB) EXISTS TO PROMOTE GOLF, SOCIAL AND RECREATIONAL FELLOWSHIP AMONG ITS MEMBERS AND THEIR FAMILIES WHILE OPERATING IN A PROFESSIONAL, FINANCIALLY PRUDENT AND ETHICAL MANNER. 0 0 NEW CLUB INC. (COBBLESTONE CREEK COUNTRY CLUB) IS A PRIVATE COUNTRY CLUB. THE PRIMARY PURPOSE IS TO PROVIDE A SOCIAL ENVIRONMENT INCLUDING GOLF, FOOD AND BEVERAGE AND RELATED ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 1 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 35 0 1 187 0 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 X ANDREA POMALES 5859246464 100 COBBLE CREEK ROAD VICTOR NY 14564 JAY VANDERSTYNE PRESIDENT 2.00 X X 0 0 0 MATHEW HILL TREASURER 2.00 X X 0 0 0 DAN O'SHEA BOARD MEMBER 1.00 X 0 0 0 REBECCA SCHOTTLAND BOARD MEMBER 1.00 X 0 0 0 COREY MCADAM BOARD MEMBER 1.00 X 0 0 0 MIKE HESS BOARD MEMBER 1.00 X 0 0 0 BRIAN KEENAN BOARD MEMBER 1.00 X 0 0 0 DERRICK SPATORICO BOARD MEMBER 1.00 X 0 0 0 DALE TROTT BOARD MEMBER 1.00 X 0 0 0 CHEOL KESSLER GENERAL MANAGER (EFF 7/23) 40.00 X 47692 0 450 AMY SANTINI GENERAL MANAGER (THRU 6/23) 40.00 X 108847 0 0 156539 0 450 1 0 0 0 NEIL REIDY 100 COBBLECREEK ROAD VICTOR NY 14564 GOLF SHOP MANAGEMENT 464984 JFS 15 AIRLINE DRIVE ROCHESTER NY 14624 FOOD SERVICE 403816 FAERY'S LANDSCAPING 3170 RIDGE ROAD RANSOMVILLE NY 14131 COURSE MAINTENANCE 269148 AVALON SERVICES 89 ALLEN STREET ROCHESTER NY 14608 DOCUMENT SERVICES 186442 SOUTHERN GLAZER 313 UNDERHILL BLVD SYOSSET NY 11791 WINE AND SPIRITS 123822 5 MEMBERSHIP DUES 713990 2122447 2122447 INITIATION FEES/CAPITAL 713990 1365731 1365731 GOLF REVENUE AND GOLF CART FEES 713990 419333 321652 97681 ALL OTHER PROGRAMS 713990 288443 288443 LOCKER ROOM/BAG STORAGE/RANGE 713990 176760 176760 95969 95969 4468683 1941996 777106 1164890 872556 292334 LATE FEES 713990 18746 18746 18746 5652319 5262304 390015 0 157669 2248916 426001 138311 425377 40307 289239 169583 384640 99268 REPAIRS AND MAINTENANCE 247200 EQUIPMENT LEASES AND RE 183862 OTHER 176175 INVITATIONAL 142981 65957 5195486 601376 860581 138287 0 524905 662275 98486 64891 50257 46145 4079449 1051337 1523855 3028112 325852 611634 3263018 5273638 433463 247510 1235629 761932 1137511 3173574 172133 136050 352130 596219 3330866 4915285 X -67848 358353 -67848 358353 3263018 5273638 X 456833 -30632 X 1 X 0 0 0 372606 372606 1279100 409830 869270 984723 641507 343216 1443020 1443020 3028112 FINANCE RIGHT-OF-USE 188133 OPERATING RIGHT-OF-USE 423501 611634 OTHER 1150 OPERATING LEASE LIABILITY 595069 596219 X PART X, LINE 2: AS AN ENTITY WHICH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(7), THE CLUB IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE. THE CLUB MAY BE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS (NON-MEMBER) ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE CLUB FILES AN EXEMPT ORGANIZATION BUSINESS TAX RETURN (FORM 990-T) WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. IN ACCORDANCE WITH GAAP, THE CLUB EVALUATES WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CLUB MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE CLUB HAS NO UNCERTAIN TAX POSITIONS, INCLUDING THE TAX-EXEMPT STATUS OF THE CLUB, AS OF DECEMBER 31, 2023. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS IN VARIOUS CATEGORIES. FULL GOLF AND SOCIAL MEMBERS ARE ENTITLED VOTING PRIVILEGES FOR CLUB MATTERS AS DEFINED IN CLUB BY LAWS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ANNUALLY FOR THE BOARD OF GOVERNORS WHO SERVE A 3 YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B BOARD OF GOVERNORS VOTE ANNUALLY FOR ON INCREASES IN MEMBERSHIP DUES. ANY ASSESSMENTS FOR CAPITAL IMPROVEMENTS OVER CERTAIN MINIMUMS MUST BE VOTED POSITIVELY BY A MAJORITY OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED A COPY OF FORM 990 AFTER REVIEW BY THE TREASURER AND PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 CONFLICT OF INTEREST POLICY IN DEVELOPMENT FORM 990, PART VI, SECTION B, LINE 15 COMPARABILITY STUDIES WERE PERFORMED TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 NEW CLUB IS A PRIVATE CLUB AND MAKES INFORMATION AVAILABLE TO CLUB MEMBERS UPON REQUEST AFTER EVALUATION OF THE REQUEST BY MANAGEMENT OF THE CLUB. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL AND GOVERNANCE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST TO THE GENERAL MANAGER. FORM 990, PART XI, LINE 9: GAIN ON LEASE TRANSACTIONS 31,739. LOSS ON REFINANCING OF DEBT -53,352. LOSS ON DISPOSAL OF FIXED ASSET -9,019.