2024-08-12T17:20:27-05:00 2023-09-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2022-10-01 591215667 ROYAL POINCIANA GOLF CLUB INC ROYA 2392613968 1600 SOLANA DRIVE NAPLES FL 34105 DENNIS NALLY PRESIDENT 2392613968 2024-08-05 1 0 CHRISTOPHER CECIL P01877773 5617124808 2024-07-30 2022 2024-08-08 14:25:15Z DENNIS NALLY 26222193 0 X RPGOLFCLUB.COM X 1990 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 12 12 301 125 810071 483861 0 0 16363669 17918964 85287 206725 4090448 4891170 20539404 23016859 0 0 0 0 12664172 13708152 0 0 0 13632740 14403763 26296912 28111915 -5757508 -5095056 61366246 64516848 18972948 18893055 42393298 45623793 ROYAL POINCIANA GOLF CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDES GOLF, TENNIS, DINING AND ENTERTAINMENT TO ITS MEMBERS. SOCIALIZING AND SPORTS ACTIVITIES ARE THE MEANS BY WHICH THE CLUB ACCOMPLISHES ITS EXEMPT PURPOSE. 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 61 0 1 301 1 1 1 0 0 0 1 1 0 286412 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X X KEITH HUGHES DIRECTOR OF FINANCE 2392613968 1600 SOLANA ROAD NAPLES FL 34105 STEVE THOMA PRESIDENT 1.00 X X 0 0 0 DENNIS NALLY VICE PRESIDENT 1.00 X X 0 0 0 MIKE NORMAN VICE PRESIDENT 1.00 X X 0 0 0 JOHN MORSE TREASURER 1.00 X X 0 0 0 JOHN NEIGHBOURS SECRETARY 1.00 X X 0 0 0 PAULA BROTHERS DIRECTOR 1.00 X 0 0 0 LULIE EIDE DIRECTOR 1.00 X 0 0 0 ROBERT GAERTNER DIRECTOR 1.00 X 0 0 0 RICHARD R GASCOIGNE DIRECTOR 1.00 X 0 0 0 DONALD MILLER DIRECTOR 1.00 X 0 0 0 ROBERT MINYARD DIRECTOR 1.00 X 0 0 0 JAY STEPHENS DIRECTOR 1.00 X 0 0 0 KEITH HUGHES DIRECTOR OF FINANCE 40.00 X 236679 0 17983 DAVE MANGAN GENERAL MANAGER 40.00 X 62911 0 550 MATTHEW TAYLOR DIRECTOR OF AGRONOMY & FACILITIES 40.00 X 423350 0 41363 JIM TURESKIS DIRECTOR OF GOLF 40.00 X 249838 0 37546 RONALD ST JOHN DIRECTOR OF TENNIS & SPORTS 40.00 X 186895 0 25054 CHRISTINA JUREK DIRECTOR OF HUMAN RESOURCES 40.00 X 181715 0 7465 JUAN PABLO DE LA SOTA RIVA EXECUTIVE CHEF 40.00 X 167468 0 27236 1508856 0 157197 11 0 1 0 0 MEMBER DUES 713910 15454924 15454924 CART FEES 713910 1143979 1038088 105891 GREENS FEES 713910 789015 789015 SOCIAL 713910 242377 242377 LOCKER ROOM FEES 713910 166790 166790 121879 121879 17918964 583386 583386 35487 412148 -376661 -376661 -376661 7294463 2793186 4501277 4380483 120794 OTHER GOLF INCOME 713910 378678 378678 OTHER INCOME 713910 11215 11215 389893 23016859 22583449 810071 -376661 X 10543855 3164297 302 5038918 INCOME TAX 80272 GOLF COURSE MAINTENANCE 1974843 FOOD & BEVERAGE 1697414 CLUBHOUSE 1467120 4144894 28111915 15928 921 23168254 24049785 602270 645856 867197 754572 765507 668669 81130147 49272478 34457112 31857669 0 5745144 1489978 794232 61366246 64516848 2915510 3655403 14180040 13252252 1877398 1985400 18972948 18893055 X 42393298 45623793 42393298 45623793 61366246 64516848 X -5095056 19925 8305626 X 0 1 X 1 0 2447498 2447498 39185316 24889153 14296163 14675865 9321600 5354265 24821468 15061725 9759743 31857669 US TREASURY SECURITIES 5745144 F 5745144 ADVANCE MEMBERSHIP DEPOSITS 1985400 1985400 X 25649759 19925 2712914 2732839 22916920 99939 99939 23016859 30824829 2793186 2793186 28031643 80272 80272 28111915 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENT TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FASB ASC. PART XI, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 2,793,186. INCOME TAX -80,272. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM DEFERRED COMPENSATION PLAN 99,939. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 2,793,186. PART XII, LINE 4B - OTHER ADJUSTMENTS: INCOME TAX 80,272. X X X X X 0 0 0 MATTHEW TAYLOR DIRECTOR OF AGRONOMY & FACILITIES 393350 0 30000 0 0 0 12200 0 29163 0 464713 0 0 0 JIM TURESKIS DIRECTOR OF GOLF 242838 0 7000 0 0 0 9048 0 28498 0 287384 0 0 0 KEITH HUGHES DIRECTOR OF FINANCE 226679 0 10000 0 0 0 9507 0 8476 0 254662 0 0 0 RONALD ST JOHN DIRECTOR OF TENNIS & SPORTS 178895 0 8000 0 0 0 7342 0 17712 0 211949 0 0 0 JUAN PABLO DE LA SOTA RIVA EXECUTIVE CHEF 159468 0 8000 0 0 0 6941 0 20295 0 194704 0 0 0 CHRISTINA JUREK DIRECTOR OF HUMAN RESOURCES 171715 0 10000 0 0 0 6857 0 608 0 189180 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: CLASS A, CLASS B, AND CLASS C. CLASS A AND B MEMBERS SHALL BE ENTITLED TO CAST ONE VOTE, EITHER IN PERSON OR BY PROXY. CLASS C MEMBERS SHALL NOT BE ENTITLED TO VOTE EXCEPT ON MATTERS PERTAINING TO DISSOLUTION, OR A PROPOSAL INITIATED BY THE BOARD OF DIRECTORS TO LEVY A SPECIAL ASSESSMENT OF OVER $100 IN ANY ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO BY-LAWS, ARTICLES OF INCORPORATION, LONG-TERM DEBT AND CAPITAL PROJECTS OVER $4 MILLION REQUIRE MEMBERSHIP APPROVAL. CLASS A AND CLASS B MEMBERS SHALL BE ENTITLED TO CAST ONE VOTE, EITHER IN PERSON OR BY PROXY. CLASS C MEMBERS SHALL NOT BE ENTITLED TO VOTE EXCEPT ON MATTERS PERTAINING TO DISSOLUTION OR A PROPOSAL INITIATED BY THE BOARD OF DIRECTORS TO LEVY A SPECIAL ASSESSMENT OF OVER $100 IN ANY ONE YEAR UPON CLASS C MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER. THE TREASURER REVIEWS FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ADMINISTRATION OF THE POLICY SHALL BE THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. INITIALLY, ALL DIRECTORS, OFFICERS, AND EMPLOYEES WITH ADMINISTRATIVE RESPONSIBILITIES ARE GIVEN A COPY OF THE POLICY AND ACKNOWLEDGE UNDERSTANDING AND ACCEPTANCE OF THE POLICY IN WRITING. DEVIATIONS MAY BE SUFFICIENT GROUNDS FOR DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION OR REMOVAL FROM OFFICE. REPORTS SHALL BE SUBMITTED TO THE BOARD CONCERNING ANY CONFLICTS SO DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 EACH COMMITTEE CHAIRMAN WITH A KEY MANAGEMENT EMPLOYEE REPORTING TO THEM COMPLETES A PERFORMANCE REVIEW ANNUALLY. THE COMMITTEE CHAIR THEN DISCUSSES THE REVIEW WITH THE COMPENSATION AND BENEFITS COMMITTEE. TOGETHER, THE COMPENSATION AND BENEFITS COMMITTEE AND THE COMMITTEE CHAIR DETERMINE THE ANNUAL INCREASE FOR KEY MANAGEMENT EMPLOYEES. INCREASES ARE EFFECTIVE OCTOBER 1ST. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE CLUB'S WEBSITE AND FOR INSPECTION AT THE CLUB. FORM 990, PART IX, LINE 24E GENERAL AND ADMINISTRATIVE 1,081,030. OTHER EXPENSES 698,522. INSURANCE 683,363. SOCIAL COMMITTEE 520,955. HURRICANE EXPENSES 313,938. PRO SHOP 301,242. PROPERTY TAXES 257,513. GROUNDS 123,526. TENNIS 70,697. LOCKER ROOMS 63,725. BRIDGE 30,383. FORM 990, PART XI, LINE 9: ASSET REPLENISHMENT CHARGES 2,215,365. INITIATION CONTRIBUTIONS 6,197,500. REDEMPTION OF MEMBERSHIP CERTIFICATES -7,300. DEFERRED COMPENSATION INTEREST -99,939.