2024-09-13T07:51:45-05:00 2023-10-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2022-11-01 650372357 EAGLE CREEK GOLF & COUNTRY CLUB INC EAGL 2397930500 11 CYPRESS VIEW DRIVE NAPLES FL 34113 KEN PORTER TREASURER 2397930500 2024-08-27 1 0 CHRISTOPHER CECIL P01877773 5616971785 2024-08-26 2022 2024-08-08 14:25:15Z MICHAEL SWEENEY 11 CYPRESS VIEW DRIVE NAPLES FL 34113 9606715 0 X EAGLECREEKCC.MEMFIRSTWEB.NET X 1991 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 164 75 775232 92499 0 0 5998979 6883594 -13520 -316521 1712815 1892098 7698274 8459171 0 0 0 0 4424271 4959655 0 0 0 4834990 5195535 9259261 10155190 -1560987 -1696019 25871602 28802862 4808010 6490762 21063592 22312100 EAGLE CREEK GOLF & COUNTRY CLUB, INC. IS A PRIVATE, MEMBERS-ONLY GOLF AND COUNTRY CLUB PROVIDING GOLFING, FOOD AND BEVERAGE, TENNIS, SWIMMING AND OTHER RECREATIONAL ACTIVITIES FOR THE PLEASURE AND BENEFIT OF ITS MEMBERS AND THEIR GUESTS. 0 0 THE CLUB HAS AN 18 HOLE GOLF COURSE. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 10/31/23 WAS APPROXIMATELY 34,264 OF WHICH APPROXIMATELY 5,302 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR ENDED 10/31/23 WAS $1,379,986 OF WHICH $99,136 WAS NON-MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 1 48 0 1 164 1 1 1 0 0 0 1 1 0 761514 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 X SUE MYERS 2397930500 11 CYPRESS VIEW DRIVE NAPLES FL 34113 MICHAEL SWEENEY PRESIDENT 8.00 X X 0 0 0 N ALAN ANTHONY VICE PRESIDENT 8.00 X X 0 0 0 KEN PORTER TREASURER 8.00 X X 0 0 0 MARY ANN SMITH SECRETARY 8.00 X X 0 0 0 DOMINICK ARACCI BOARD MEMBER 8.00 X 0 0 0 ALAN ANTHONY BOARD MEMBER 8.00 X 0 0 0 JUDY BOGGS BOARD MEMBER 8.00 X 0 0 0 LINDA HANFLAND BOARD MEMBER 8.00 X 0 0 0 CHARLES CLARK BOARD MEMBER 8.00 X 0 0 0 REED HALVORSEN BOARD MEMBER 8.00 X 0 0 0 CURT HOLAWAY BOARD MEMBER 8.00 X 0 0 0 DONALD MADALINSKI GENERAL MANAGER 40.00 X 278501 0 18675 SUSAN MYERS CONTROLLER 40.00 X 113654 0 22970 JEFFREY JACKSON DIRECTOR OF GOLF 40.00 X 149511 0 30835 TIMOTHY BAUER DIRECTOR OF TENNIS 40.00 X 112513 0 8025 JAMES ALSTON DIRECTOR OF AGRONOMY 40.00 X 211087 0 24748 865266 0 105253 5 0 1 0 0 MEMBERSHIP DUES 713910 5573709 5573709 GREENS & CART FEES 713910 1265795 681046 584749 UNSPENT MINIMUM 713910 24543 24543 LOCKER RENTALS 713910 19547 19547 6883594 102499 102499 12000 431020 -419020 -419020 -419020 1720150 716524 1003626 915642 87984 HURRICANE INSURANCE PROCEEDS 713910 334302 334302 INTEREST RATE SWAP AGREEMENT 713910 281451 281451 OTHER GOLF REVENUE 713910 171550 171550 101169 101169 888472 8459171 7768657 775232 -84718 4075574 532195 351886 84365 1792775 518526 GOLF COURSE MAINTENANCE 1050317 GENERAL & ADMINISTRATIV 616340 CLUBHOUSE MAINTENANCE 296251 FOOD & BEVERAGE 270268 566693 10155190 3509715 5255439 684931 590477 235745 204588 51123 174246 29699183 10603835 19658551 19095348 1731537 3482764 25871602 28802862 824444 1705529 1453495 1479840 1780210 3047633 749861 257760 4808010 6490762 X 21063592 22312100 21063592 22312100 25871602 28802862 X -1696019 2944527 X 0 1 X 1 0 3895174 3895174 15292489 6341523 8950966 2359934 1687270 672664 8151586 2575042 5576544 19095348 OTHER 50652 CONSTRUCTION IN PROGRESS 2076281 INTEREST RATE SWAP AGREEMENT 709204 RIGHT-OF-USE ASSETS FOR FINANCE LEASES 594224 RIGHT-OF-USE ASSETS FOR OPERATING LEASES 52403 3482764 LONG-TERM LIABILITY FOR FINANCE LEASES 226399 LONG-TERM LIABILITY FOR OPERATING LEASES 31361 257760 X 9175695 716524 716524 8459171 0 8459171 10871714 716524 716524 10155190 0 10155190 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 PROVISION OF THE INCOME TAX TOPIC OF THE FASB ASC. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 716,524. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 716,524. X X 0 0 0 DONALD MADALINSKI GENERAL MANAGER 198501 0 45000 0 35000 0 7940 0 10735 0 297176 0 0 0 JAMES ALSTON DIRECTOR OF AGRONOMY 211087 0 0 0 0 0 0 0 24748 0 235835 0 0 0 JEFFREY JACKSON DIRECTOR OF GOLF 149511 0 0 0 0 0 6087 0 24748 0 180346 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBERS-ONLY 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: GOLF EQUITY AND SOCIAL EQUITY. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO MEMBERSHIP APPROVAL: 1- ELECTION OF BOARD OF GOVERNORS 2- BY-LAWS CHANGES 3- MATTERS SPECIFICALLY IDENTIFIED AS A VOTING MATTER IN THE MEETING NOTICE FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER AND/OR FINANCE COMMITTEE CHAIRMAN. FORM 990 IS REVIEWED IN ITS ENTIRETY WITH ITS OUTSIDE CPA PREPARERS PRIOR TO FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS SIGNED BY BOARD MEMBERS, GENERAL MANAGER, HEAD OF DEPARTMENTS, MERCHANDISING MANAGER, AND OTHER KEY EMPLOYEES. THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE OR UPDATE ANNUALLY THEIR INTEREST THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE CLUB REGULARLY MONITORS & ENFORCES COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 PRIOR TO THE ANNUAL BOARD MEETING, THE BOARD DETERMINES THE GENERAL MANAGER'S YEAR END BONUS AND/OR SALARY INCREASE. THE BOARD USES THE BEAKMAN COMPENSATION REPORT AND THE RSM TRENDS REPORT AS COMPARABLES FOR THE GENERAL MANAGER'S SALARY. THE BOARD ALSO APPROVES AN OVERALL PERCENTAGE OF INCREASE FOR THE REST OF CLUB'S EMPLOYEES. 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 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, ON THE CLUB'S WEBSITE, AND THROUGH INSPECTION AT THE CLUB. THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST AND THROUGH INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: SALES OF MEMBERSHIP CERTIFICATES 2,018,000. REFUNDED MEMBERSHIPS AND EQUITY ASSESSMENTS -391,200. CAPITAL FUND CONTRIBUTIONS 1,293,482. CRYSTAL LAKE CENTER IMPROVEMENT LOAN ASSESSMENTS 24,245. EAGLE CREEK COMMUNITY ASSOCIATION INC 11 CYPRESS VIEW DRIVE NAPLES FL 34113 592610651 HOMEOWNER'S ASSOCIATION FL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 EAGLE CREEK COMMUNITY ASSOCIATION INC P 60000 COST EAGLE CREEK COMMUNITY ASSOCIATION INC Q 247000 COST