2024-05-14T08:07:05-05:00 2023-12-31 510076769 GUNNIP & COMPANY LLP 2751 CENTERVILLE RD STE 300 WILMINGTON DE 19808 990 2023-01-01 510035715 NEWARK COUNTRY CLUB NEWA 3027314251 300 WEST MAIN STREET NEWARK DE 19711 ALEX KYOURKTCHIEV CLUB MANAGER 3027314251 2024-05-06 1 ALEX KYOURKTCHIEV XXX-XX-XXXX 1 GEORGE W HAGER JR CPA P01383890 3022255000 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ALEX KYOURKTCHIEV 300 MAIN WEST STREET NEWARK DE 19711 2855007 0 X WWW.NEWARKCC.COM X 1921 DE OPERATION OF A COUNTRY CLUB. 12 12 96 0 153408 0 0 0 1468464 1641063 180782 211694 238398 140896 1887644 1993653 0 0 0 0 730244 808865 0 0 0 864097 957425 1594341 1766290 293303 227363 3149135 3219168 1742747 1569217 1406388 1649951 OPERATION OF A COUNTRY CLUB 0 0 GOLF COURSE FOR USE BY MEMBERS & GUESTS W/ GOLF CARTS & LOCKER ROOM FACILITIES. AT 12/31/2023 THE CLUB HAD 325 MEMBERSHIPS, INCLUDING SINGLE & FAMILY. FOOD & BEVERAGE SERVICE FOR MEMBERS CONSISTING OF DINING ROOM, GRILLE & LOUNGE. SWIMMING POOL AND FACILITIES FOR USE BY MEMBERS & GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 1 9 0 1 96 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X THE CORPORATION 3027314251 300 WEST MAIN STREET NEWARK DE 19711 DEBORAH DICKSON VICE-PRESIDENT 2.50 X X 0 0 0 JAMES FOX DIRECTOR 2.50 X 0 0 0 DALE HOOVER DIRECTOR 2.50 X 0 0 0 ROGER LANDON SECRETARY 2.50 X X 0 0 0 ALAN WAGENSCHNUR DIRECTOR 2.50 X 0 0 0 ROBERT PERAGO TREASURER 2.50 X X 0 0 0 CHRIS SCHERF DIRECTOR 2.50 X 0 0 0 MARK POWERS DIRECTOR 2.50 X 0 0 0 GERALD KLUIS PRESIDENT 2.50 X X 0 0 0 LORNE SHANNON DIRECTOR 2.50 X 0 0 0 RENEE O'LEARY DIRECTOR 2.50 X 0 0 0 BOB KENNEDY DIRECTOR 2.50 X 0 0 0 ALEX KYOURKTCHIEV CLUB MANAGER 40.00 X 104000 0 0 104000 0 0 1 0 0 0 0 MEMBERSHIP DUES 713910 1261154 1261154 GOLF COURSE 713910 373233 325874 47359 OTHER INCOME 900099 6676 6676 1641063 44821 13738 31083 166873 0 166873 166873 108665 58208 1002250 861354 140896 106793 34103 1993653 1809162 153408 31083 104000 626075 9176 69614 40 8500 5362 5416 7707 2500 7461 54740 62359 GOLF COURSE & CART EXPE 392724 OTHER ADMINISTRATIVE EX 180905 HOUSE EXPENSES 150647 POOL EXPENSES 79064 1766290 849050 1045889 196998 207281 1537256 1350994 38763 40320 100411 101879 1455533 982728 426657 472805 3149135 3219168 45933 40642 83678 106089 235874 212097 1377262 1210389 1742747 1569217 X 1406388 1649951 1406388 1649951 3149135 3219168 227363 16200 X X 1 X 0 1 0 312505 25859 286646 758668 625395 133273 384360 331474 52886 472805 DEFERRED GAIN ON SALE OF PROPERTY 1210389 1210389 FORM 990, PART VI, SECTION A, LINE 6 THE NEWARK COUNTRY CLUB IS A PRIVATE CLUB WHERE PEOPLE OF SIMILAR INTERESTS CAN CONGREGATE FOR SOCIAL AND RECREATIONAL PURPOSES. BY DEFINITION, IT IS A PLACE THAT IS NOT OPEN TO THE PUBLIC; PROSPECTIVE MEMBERS MUST BE ACCEPTED BY THE MEMBERSHIP. ONCE ACCEPTED, THEY MUST PAY AN INITIATION FEE, MONTHLY DUES, AND A FOOD MINIMUM. FORM 990, PART VI, SECTION A, LINE 7A ANNUAL ELECTIONS ARE HELD TO DETERMINE THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B SECTION 3.2(B) OF NCC BY-LAWS- AT THE ANNUAL MEETING OF STOCKHOLDERS, ONLY SUCH BUSINESS SHALL BE CONDUCTED AS SHALL HAVE BEEN PROPERLY BROUGHT BEFORE THE ANNUAL MEETING. TO BE PROPERLY BROUGHT BEFORE AN ANNUAL MEETING, BUSINESS MUST CONSTITUTE A PROPER SUBJECT FOR STOCKHOLDER ACTION AT SUCH MEETING AND MUST BE (I) SPECIFIED IN THE NOTICE OF THE MEETING (OR ANY SUPPLEMENT THERETO) GIVEN BY OR AT THE DIRECTION OF THE BOARD, OR (II) PROPERLY BROUGHT BY OR AT THE DIRECTION OF THE BOARD OR PROPERLY REQUESTED TO BE BROUGHT BEFORE THE MEETING BY A STOCKHOLDER OF RECORD ENTITLED TO VOTE ON SUCH MATTER AT SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 11B SECTION 10.5 OF NCC BY-LAWS THE TREASURER SHALL RENDER TO THE BOARD AND TO THE FINANCE COMMITTEE WHENEVER REQUIRED AN ACCOUNT OF THE FINANCIAL OPERATION AND CONDITIONS OF THE CORPORATION. THE TREASURER SHALL PREPARE AN ANNUAL FINANCIAL STATEMENT FOR THE STOCKHOLDERS. THE TREASURER SHALL NOT SERVE AS THE CHAIRMAN OF THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 NEWARK COUNTRY CLUB HIRES AN INDEPENDENT CONTRACTOR TO FACILITATE THE HIRING PROCESS OF NEW MANAGERS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE CLUBS BY-LAWS ARE AVAILABLE UPON REQUEST TO THE GENERAL MANAGER FOR NCC MEMBERS. FINANCIAL STATEMENTS ARE AVAILABLE VIA GUIDESTAR.COM. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 9 IN 2023, THE CLUB HAD A SALE OF STOCK OF $18,000 AND STOCK REDEMPTION OF $1,800