2024-10-08T08:08:41-05:00 2023-12-31 202349670 DGN LLC PO BOX 947 TRAVERSE CITY MI 496850947 990 2023-01-01 381144073 WALLOON LAKE COUNTRY CLUB WALL 2315352566 923 SPRING STREET PETOSKEY MI 49770 HARRY DIXON GENERAL MANAGER 2315352566 2024-10-03 1 0 JAMES M TAYLOR CPA P00439891 2319461722 2023 2024-10-15 13:58:12Z HARRY DIXON 923 SPRING STREET PETOSKEY MI 49770 4975120 0 X WALLOONLAKECC.COM X 1920 MI RECREATIONAL CLUB FOR GOLF AND RELATED ACTIVITIES. 9 9 100 0 90904 87272 1929032 1745344 719712 743394 16828 90318 927263 1906137 3592835 4485193 100000 0 0 0 1788297 1891209 0 0 0 1313700 1360700 3201997 3251909 390838 1233284 8370174 9947529 484747 828818 7885427 9118711 RECREATIONAL CLUB FOR GOLF AND RELATED ACTIVITIES. 0 0 OPERATION OF GOLF COURSE FOR 376 TOTAL MEMBERS. OPERATION OF SUMMER YOUTH PROGRAM FOR MEMBER FAMILIES. OPERATION OF TENNIS COURTS AND CLUBHOUSE FOR SOCIAL FUNCTIONS OF MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 20 0 1 100 1 1 1 0 0 0 0 1121250 45541 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X DENNIS GARTLAND & NIERGARTH 2313474136 923 SPRING ST PETOSKEY MI 49770 ELIZABETH BOGO SOCIAL/PROGRAMS 5.00 X 0 0 0 PAUL MACARTHUR GOLF/GREENS 5.00 X 0 0 0 LAURIE MARRS MEMBERSHIP/COMMUNICATION 5.00 X 0 0 0 LINDA JOHNSON STRATEGIC PLANNING 5.00 X 0 0 0 GREG ADAMS SECRETARY 5.00 X X 0 0 0 DANIEL VANVOORHIS TREASURER 5.00 X X 0 0 0 JIM KELLY PRESIDENT 5.00 X X 0 0 0 DAVID RENTSCHLER RACQUETS 5.00 X 0 0 0 TERRY GRAESSLE VICE PRESIDENT 5.00 X X 0 0 0 HARRY DIXON GENERAL MANAGER 40.00 X 141000 0 0 141000 0 0 1 0 0 0 0 1745344 1745344 GOLF 713910 578405 578405 TENNIS, CLUBHOUSE & OTHER 713940 122874 122874 YOUTH ACTIVITIES 713940 42115 42115 743394 90904 90904 586 -586 -586 -586 1202628 489341 713287 713287 INITIATION FEES 713910 1121250 1121250 REPAIR & REPLACEMENT FEES 713910 71600 71600 1192850 4485193 2649531 90904 -586 141000 1411501 29499 110795 198414 3060 52643 24195 72514 13525 10601 328425 68702 SUPPLIES 288528 EQUIPMENT RENT/MAINT 193047 PROPERTY & OTHER TAXES 158701 INVITATIONAL EXPENSE 35480 111279 3251909 1 2876573 3010311 19044 22977 74811 83428 181430 223313 11210060 4886319 4993934 6323741 224381 283759 8370174 9947529 290470 233725 450 184391 67827 126000 410702 484747 828818 X 7885427 9118711 7885427 9118711 8370174 9947529 1233284 0 X 0 1 X 0 0 569765 569765 4876171 1797601 3078570 2123633 518295 1605338 2881560 2570423 311137 758931 758931 6323741 14465 REFUNDABLE ASSESSMENTS 126000 OPERATING LEASE LIABILITY 38501 FINANCE LEASE LIABILITY 231736 410702 X 4975120 0 4975120 -489927 -489927 4485193 3741836 489927 489927 3251909 0 3251909 PART X, LINE 2: THE CLUB HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE CLUB HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. THE CLUB'S MANAGEMENT BELIEVES TAX YEARS 2020 THROUGH 2023, FOLLOWING ADMINISTRATIVE PRACTICE OF TAXING AUTHORITIES, REMAIN OPEN AND SUBJECT TO REVIEW. MANAGEMENT BELIEVES ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, FOR ALL OPEN TAX YEARS, THE CLUB HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD LOSS ON SALE OF ASSETS PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD LOSS ON SALE OF ASSETS FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE SIGNING OFFICER REVIEWS THE FORM BEFORE SIGNING. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC