2024-02-08T14:02:26-06:00 2023-09-30 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2022-10-01 540628761 WILLOW OAKS COUNTRY CLUB INC WILL 8042721451 6228 FOREST HILL AVE RICHMOND VA 23225 CHRISTOPHER WELLES EXECUTIVE SECRETARY 8042721451 2024-02-06 1 CHRISTOPHER WELLES XXX-XX-XXXX 1 VIRGINIA R BELCHER P00421964 8047470000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER WELLES 6228 FOREST HILL AVE RICHMOND VA 23225 12473318 0 X WWW.WILLOWOAKSCC.ORG X 1957 VA TO PROMOTE SOCIAL INTERACTION AND RECREATION FOR THE BENEFIT OF ITS MEMBERS. 15 15 312 0 0 0 0 0 8961829 9771742 -32017 66080 1107717 1220633 10037529 11058455 0 0 0 0 5511190 5915184 0 0 0 4240649 4483761 9751839 10398945 285690 659510 15889652 16337745 9726220 9346235 6163432 6991510 TO PROMOTE SOCIAL INTERACTION AND RECREATION FOR THE BENEFIT OF ITS MEMBERS. 0 0 THE CLUB PROVIDES FACILITIES SUCH AS TENNIS COURTS, GOLF COURSES, SWIMMING POOLS AND DINING ROOMS TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 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 20 0 1 312 1 1 1 0 0 0 0 545843 1149864 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 0 0 0 X X THE ORGANIZATION 8042721451 6228 FOREST HILL AVE RICHMOND VA 23225 TRAY ADAMS DIRECTOR 1.00 X 0 0 0 KELLY BARBOUR DIRECTOR 1.00 X 0 0 0 CHRIS CORRADA DIRECTOR 1.00 X 0 0 0 MOLLY DEY DIRECTOR 1.00 X 0 0 0 EDDIE EDDINS DIRECTOR 1.00 X 0 0 0 SCOTT ELLES DIRECTOR 1.00 X 0 0 0 ASHLEY GALLIENNE DIRECTOR 1.00 X 0 0 0 AMBER HILL DIRECTOR 1.00 X 0 0 0 DAN KLEINSCHUSTER DIRECTOR 1.00 X 0 0 0 LIZ LACY DIRECTOR 1.00 X 0 0 0 MARY LANGER DIRECTOR 1.00 X 0 0 0 ASHLEIGH MCDERMOTT DIRECTOR 1.00 X 0 0 0 HILLARY MIKESKA DIRECTOR 1.00 X 0 0 0 BRANDON POWELL DIRECTOR 1.00 X 0 0 0 TIM SAUVIGNE DIRECTOR 1.00 X 0 0 0 CHRISTOPHER WELLES GENERAL MANAGER 40.00 X X 262403 0 6191 262403 0 6191 1 0 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 7698420 7698420 GOLF OPERATIONS 713910 1364396 1364396 TENNIS INCOME 713910 309033 309033 FITNESS CENTER 713910 243745 243745 YOUTH ACTIVITIES 713910 80669 80669 75479 75479 9771742 66080 66080 2574662 1414863 1159799 1159799 MISCELLANEOUS 713910 60834 60834 60834 11058455 10992375 0 66080 262403 4708255 541925 402601 6459 25738 661607 48829 90735 219381 7124 199555 1083083 108716 SUPPLIES 622320 EVENTS 325297 REPAIRS AND MAINTANENCE 304430 UTILITIES 299854 480633 10398945 2150 2962 3410805 3358931 1333292 1441725 234668 265485 167472 172692 28105420 18758267 9280135 9347153 548279 1234463 912851 514334 15889652 16337745 902352 1001913 3698947 3624189 5044120 4617549 80801 102584 9726220 9346235 X 270381 269789 270381 269789 5622670 6451932 6163432 6991510 15889652 16337745 X 659510 110481 58087 X 0 1 X 1 0 8648686 8648686 13471578 13585504 -113926 807416 867705 -60289 5177740 4305058 872682 9347153 INVESTMENTS 1234463 F 1234463 DEFERRED COMPENSATION 36599 FINANCE LEASE LIABILITY 25355 OPERATING LEASE LIABILITY 40630 102584 X 11859397 1414863 1414863 10444534 613921 613921 11058455 11614253 1414863 1414863 10199390 199555 199555 10398945 PART X, LINE 2: THE CLUB FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CLUB'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT EVALUATED THE CLUB'S TAX POSITION AND CONCLUDED THAT THE CLUB HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE AS OF SEPTEMBER 30, 2023 AND 2022. THE CLUB IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 1,414,863. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER INCOME SEPARATELY STATED ON F/S 613,921. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD NETTED AGAINST REVENUE 1,414,863. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE SEPARATELY STATED ON FS 199,555. 0 0 0 CHRISTOPHER WELLES GENERAL MANAGER 262403 0 0 0 0 0 0 0 6191 0 268594 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER AND THE FINANCE COMMITTEE OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THESE DOCUMENTS ARE MADE AVAILABLE ON A QUARTERLY BASIS TO THE MEMBERS AND/OR SHAREHOLDERS. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP 59,271. MEMBER STOCK TRANSACTIONS -1,184.