2024-11-05T11:58:54-06:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 210606313 BEACON HILL COUNTRY CLUB INC BEAC 7322910533 8 BEACON HILL ROAD ATLANTIC HIGHLANDS NJ 07716 RICHARD WHITE PRESIDENT 7322910533 2024-10-24 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z X RICHARD WHITE 8 BEACON HILL ROAD ATLANTIC HIGHLANDS NJ 07716 9548798 0 X HTTPS://WWW.BEACONHILLCC.ORG/ X 2023 NJ TO BE THE BEST, PRIVATE, FAMILY-ORIENTED COUNTRY CLUB IN COASTAL, MONMOUTH COUNTY, NEW JERSEY. 10 10 200 10 553254 86908 0 6023971 94908 2452170 8571049 0 0 4242521 0 0 3694429 7936950 634099 15789467 15465013 324454 X OUR MISSION IS TO BE THE BEST, PRIVATE, FAMILY-ORIENTED COUNTRY CLUB IN COASTAL, MONMOUTH COUNTY, NEW JERSEY BY DELIGHTING OUR MEMBERS AND GUESTS WITH OUR UNIQUE, UNPRETENTIOUS ENVIRONMENT. WE WILL STRIVE TO MEET OR EXCEED THE EXPECTATIONS OF THE MEMBERSHIP IN A FISCALLY RESPONSIBLE MANNER AND OFFER MANAGEMENT AND STAFF CAREER OPPORTUNITIES IN A DYNAMIC AND SAFE WORK ENVIRONMENT. 0 0 TAX EXEMPT CLUB ACTIVITIES 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 15 0 1 200 1 1 1 0 0 0 0 2255137 581596 0 0 0 X 10 10 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE CLUB 7322910533 8 BEACON HILL RD ATLANTIC HIGHLAND NJ 07716 X JAMES BEATTY PRESIDENT 3.00 X X 0 0 0 RICHARD WHITE VICE PRESIDENT 3.00 X X 0 0 0 TIMOTHY HEARNE SECRETARY 3.00 X X 0 0 0 JOSEPH HERLIHY TREASURER 3.00 X X 0 0 0 KEITH FREIBOTT DIRECTOR 3.00 X 0 0 0 CATIE BARBERIS DIRECTOR 3.00 X 0 0 0 ANDREW DELVECCHIO DIRECTOR 3.00 X 0 0 0 CHRIS OESTERHELD DIRECTOR 3.00 X 0 0 0 DAVE CLAVERT DIRECTOR 3.00 X 0 0 0 JOE MALONE DIRECTOR 3.00 X 0 0 0 TIM MEYER SUPERINTENDENT 50.00 X 173769 0 25000 ALEXANDER MUELLER GENERAL MANAGER 50.00 X 183462 0 25000 ERIC MANUELLI HEAD CHEF 50.00 X 161548 0 41400 CHRISTOPHER SCHRIEKS CONTROLLER 50.00 X 114294 0 25000 JAMES MCDONALD HEAD PRO 50.00 X 163290 0 29100 796363 0 145500 5 0 1 0 FARNEY ELECTRIC LLC 12 YORK AVE PORT MONMOUTH NJ 07758 ELECTRICAL INSTALLATIONS & REPAIRS 147284 1 MEMBERSHIP DUES 713910 3768834 3768834 CAPITAL ASSESSMENT 713910 1226270 1226270 INITIATION FEES 713910 689129 689129 SPECIAL ASSESSMENT 713910 339738 339738 6023971 94908 94908 3429919 977749 2452170 1993824 458346 8571049 8017795 553254 0 407231 2985852 480111 369327 32369 66775 243094 499224 320556 1192273 174128 GOLF COURSE OPERATIONS 686820 FOOD & BEV OPERATIONS 274560 CLUBHOUSE OPERATIONS 188203 OTHER SPORTS ACTIVITIES 16427 7936950 2274183 1574652 331207 106963 24774648 13546194 0 11228454 0 274008 0 15789467 485584 1411703 0 13567726 0 15465013 X 324454 0 324454 0 15789467 X 634099 -309645 X 0 1 X 1 0 1023837 1023837 10242835 4290052 5952783 49741 6019 43722 13458235 9250123 4208112 11228454 FINANCE LEASES 402932 OPERATING LEASE 274008 LONG-TERM DEBT 7944158 BONDS 4946628 13567726 9548798 977749 977749 8571049 0 8571049 8914699 977749 977749 7936950 0 7936950 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD X X 0 0 0 ALEXANDER MUELLER GENERAL MANAGER 153462 0 30000 0 0 0 0 0 25000 0 208462 0 0 0 ERIC MANUELLI HEAD CHEF 146548 0 15000 0 0 0 0 0 41400 0 202948 0 0 0 TIM MEYER SUPERINTENDENT 168769 0 5000 0 0 0 0 0 25000 0 198769 0 0 0 JAMES MCDONALD HEAD PRO 105000 0 5000 0 53290 0 0 0 29100 0 192390 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 ON DECEMBER 7, 2022, THE BOARDS OF THE CORPORATION AND CLUB APPROVED THE CONVERSION OF THE CLUB TO A NEW JERSEY NONPROFIT NONSTOCK CORPORATION, EFFECTIVE JANUARY 1, 2023, AND THE FILING OF AN APPLICATION FOR TAX-EXEMPT STATUS UNDER SECTION 501 (C )(7) OF THE INTERNAL REVENUE CODE. TO EFFECTUATE THE CONVERSION, THE CLUB'S CERTIFICATE OF INCORPORATION AND BYLAWS WERE AMENDED AND RESTATED, EFFECTIVE, JANUARY 1, 2023. DRING 2023, THE CORPORATION MERGED WITH AN INTO THE CLUB WITH HE CLUB ASTHE SURVIVING ENTITY UNIMPAIRED AND UNAFFECTED BY THE MERGER. AS A RESULT OF THE MERGER, THE SEPARATE EXISTENCE OF THE CORPORATION CEASED. FORM 990, PART VI, SECTION A, LINE 6 THE BEACON HILL COUNTRY CLUB (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE VOTING RIGHTS TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES MAY NOT INCUMBER ANY REAL PROPERTY OF THE CLUB WITHOUT A 2/3RDS APPROVAL OF ALL MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 11B THE CLUB'S BOARD REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB'S BOARD MEMBERS SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. ANY POSSIBLE CONFLICTS ARE DISCUSSED IN AN OPEN FORUM AT THE BOARD OF TRUSTEES MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND INDEPENDENT BODY. THE QUALIFICATIONS AND EXPERIENCE OF THE INDIVIDUALS ARE ALSO TAKEN INTO ACCOUNT IN CONJUNCTION WITH INDUSTRY STANDARDS COMPENSATIONS SURVEYS OR STUDYS WHAEN DETERMINING COMPENSATION. 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. FORM 990, PART XI, LINE 9: BEGINNING NET ASSET BALANCE CARRIED FORWARD DURING CONVERSION -309,645.