2024-01-16T14:59:10-06:00 2023-02-28 831719980 GRAPP LERASH 515 N WASHINGTON AVE STE 402 SAGINAW MI 48607 990 2022-03-01 380995490 SAGINAW CLUB SAGI 9897548404 219 N WASHINGTON AVENUE SAGINAW MI 48607 SCOTT KELLY GENERAL MANAGER 9897548404 2024-01-16 1 SCOTT KELLY 999009999 0 KALEB GRAPP P01978831 9893271400 2024-01-16 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z SCOTT KELLY 219 N WASHINGTON AVE SAGINAW MI 48607 1839792 0 X WWW.SAGINAWCLUB.ORG X 1889 MI SEE SCHEDULE O 9 9 38 10 40181 465 89192 164159 565103 539261 19885 -11329 255963 303863 930143 995954 0 0 0 0 438171 481241 0 0 0 294926 395424 733097 876665 197046 119289 2307780 2314431 249386 185922 2058394 2128509 X SEE SCHEDULE O 0 0 SOCIAL CLUB, PREMIER DINING AND BAR (USED BY MEMBERS) N/A N/A 0 1 0 0 0 0 0 0 1 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 9 0 38 1 1 1 0 0 0 0 0 62794 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 1 0 0 X CHERYL WESTPHAL 9897548404 219 N WASHINGTON AVE SAGINAW MI 48607 MELISSA SPRANGER PRESIDENT 1.00 0.00 X X 0 0 0 DAVID WALLACE VICE PRESIDENT 1.00 0.00 X X 0 0 0 ROD BIEBER TREASURER 1.00 0.00 X X 0 0 0 MICHAEL COLBY SECRETARY 1.00 0.00 X X 0 0 0 HEATHER GALLEGOS PENSION & PERSONNEL 1.00 0.00 X 0 0 0 TIMOTHY GILMOUR HOUSE/BLDG & GROUNDS 1.00 0.00 X 0 0 0 GARY GLAZA MEMBERSHIIP 1.00 0.00 X 0 0 0 SARGE HARVEY ENTERTAINMENT 1.00 0.00 X 0 0 0 JOHN KACZYNSKI ENTERTAINMENT 1.00 0.00 X 0 0 0 MARK FRANK GENERAL MANAGER 40.00 0.00 X 64168 0 5168 64168 0 5168 0 0 0 0 0 158804 5355 164159 MEMBERSHIP DUES 813410 539261 539261 539261 26769 26769 600017 638115 -38098 -38098 -38098 490223 205723 284500 241825 42675 MISCELLANEOUS 900099 10528 10528 PARKING LOT USAGE 900099 8835 8835 19363 995954 781086 40181 10528 64168 349221 3891 19398 44563 29973 28952 48606 47750 10491 SUPPLIES 55167 REPAIRS AND MAINTENANCE 54015 LAUNDRY 29180 MISCELLANEOUS 17691 73599 876665 24859 9230 279402 225736 66706 94671 37470 38243 9676 31628 2473330 1645927 737601 827403 1152066 1087520 0 0 2307780 2314431 38311 47852 84191 41890 126884 96180 249386 185922 X 2058394 2128509 2058394 2128509 2307780 2314431 X 119289 -79878 30704 X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1206125 3825 -94430 -28000 1087520 1167865 865 58396 -21001 1206125 482431 609901 75533 1167865 423093 1100 58238 482431 414180 2190 6723 423093 1.00000 0 0 126626 126626 51244 51244 0 1618780 990569 628211 676680 604114 72566 827403 DEFERRED INCOME TAX LIABILITY 96180 96180 X PART V, LINE 4: THE ENDOWNMENT FUND WAS ESTABLISHED TO PROVIDE FINANCIAL ASSISTANCE FOR IMPROVEMENTS AND SPECIAL MAINTENANCE PROJECTS WITH RESPECT TO THE CLUB'S PROPERTY AND EQUIPMENT, AND FOR SUCH OTHER HIGH PRIORITY PURPOSES WHICH ARE NECESSARY FOR THE SUCCESSFUL OPERATION OF THE CLUB. BY VOTE OF THE MEMBERSHIP, ONLY THE INTEREST (NOT THE PRINCIPAL) MAY BE USED BY THE CLUB. PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT CLUB EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE; THE CLUB IS SIMILARLY EXEMPT FROM STATE INCOME TAXES. DESPITE THE GENERAL EXEMPTION FROM INCOME TAXATION, THE CLUB IS SUBJECT TO FEDERAL AND STATE INCOME TAXES AT CORPORATE RATES ON ITS UNRELATED BUSINESS INCOME. FASB ASC 740, INCOME TAXES, PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN INSTITUTION SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE INSTITUTION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CLUB AND HAS CONCLUDED THAT AS OF FEBRUARY 28, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF AN ASSET, LIABILITY, OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART I, LINE 1 THE SAGINAW CLUB IS A NOT-FOR-PROFIT, TAX-EXEMPT ENTITY AND THE PREMIER CLUB IN THE GREAT LAKES BAY REGION SINCE ITS INCEPTION IN 1889. CONVENIENTLY LOCATED IN THE CITY OF SAGINAW (FORMERLY EAST SAGINAW), ON THE CORNER OF JOHNSON AND NORTH WASHINGTON STREETS AND ADJACENT TO THE BEAUTIFUL AND HISTORIC TEMPLE THEATRE, THE CLUB SERVES AS A LONGSTANDING CORNERSTONE TO THE HEART OF SAGINAW'S DOWNTOWN. THE CLUB'S RICHNESS IN TRADITION AND HISTORY HAS BEEN CULTIVATED BY COMMUNITY LEADERS WHO COMPRISE ITS MEMBERSHIP. EXCELLENCE IN SERVICE COMBINED WITH A GRACIOUS, CASUAL ELEGANCE BRINGS US BACK TO A GENTLER AND LESS HURRIED TIME HERALDED BY THE CLUB'S MOTTO, "WE LEAVE THE BURDEN OF OUR TOIL OUTSIDE THE FRIENDLY DOOR." FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE SAGINAW CLUB IS A NOT-FOR-PROFIT, TAX-EXEMPT ENTITY AND THE PREMIER CLUB IN THE GREAT LAKES BAY REGION SINCE ITS INCEPTION IN 1889. CONVENIENTLY LOCATED IN THE CITY OF SAGINAW (FORMERLY EAST SAGINAW), ON THE CORNER OF JOHNSON AND NORTH WASHINGTON STREETS AND ADJACENT TO THE BEAUTIFUL AND HISTORIC TEMPLE THEATRE, THE CLUB SERVES AS A LONGSTANDING CORNERSTONE TO THE HEART OF SAGINAW'S DOWNTOWN. THE CLUB'S RICHNESS IN TRADITION AND HISTORY HAS BEEN CULTIVATED BY COMMUNITY LEADERS WHO COMPRISE ITS MEMBERSHIP. EXCELLENCE IN SERVICE COMBINED WITH A GRACIOUS, CASUAL ELEGANCE BRINGS US BACK TO A GENTLER AND LESS HURRIED TIME HERALDED BY THE CLUB'S MOTTO, "WE LEAVE THE BURDEN OF OUR TOIL OUTSIDE THE FRIENDLY DOOR." FORM 990, PART VI, SECTION A, LINE 6 THE CLUB CONSISTS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A GENERAL MEMBERS OF THE CLUB ELECT THREE NEW BOARD MEMBERS EACH YEAR AT THE ANNUAL MEETING IN APRIL. FORM 990, PART VI, SECTION B, LINE 11B GENERAL MANAGER AND CLUB ACCOUNTANT REVIEW 990 PRIOR TO THE FORM BEING FILED. FORM 990, PART VI, SECTION B, LINE 15A CLUB MANAGER SALARY IS DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TAX NONRECOGNITION REVENUE 30,704. FORM 990, PART XI - ADDITIONAL INFORMATION: A GAIN OF $770,000 FROM THE SALE OF A PIECE OF ARTWORK SOLD DECEMBER 17, 2020 THAT WAS HANGING WITHIN THE CLUB, AND THEREFORE USED IN ITS EXEMPT FUNCTION, IS BEING DEFERRED UNDER CODE SECTION 512 (A) (3) (D). $33,432 WAS SPENT ON PURCHASES MADE WITH THE DEFERRED GAIN FROM 12/17/2019 - 2/29/2020. $31,008 WAS SPENT ON PURCHASES MADE WITH DEFERRED GAIN FROM 3/1/2020-2/28/2021. $94,926 WAS SPENT ON PURCHASES MADE WITH DEFERRED GAIN FROM 3/1/2021-2/28/2022. $152,623 WAS SPENT ON PURCHASES MADE WITH DEFERRED GAIN FROM 3/1/2022-2/28/2023.