2024-10-30T21:49:30-05:00 2023-12-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14TH FLOOR GLENDALE CA 91203 990 2023-01-01 950499290 ANNANDALE GOLF CLUB ANNA 6267966125 ONE NORTH SAN RAFAEL AVENUE PASADENA CA 91105 JORDAN LOPEZ CFO 6267966125 2024-10-30 1 0 MARK J HENNELLY P00982999 8186375000 2023 2024-10-15 13:58:12Z ONE NORTH SAN RAFAEL AVENUE PASADENA CA 91105 18438444 0 X WWW.ANNANDALEGOLF.COM X 1906 CA TO PROMOTE AND FURTHER THE GAME OF GOLF AND ALL OTHER LAWFUL GAMES, SPORTS AND EXHIBITIONS TO PROVIDE RECREATION AND AMUSEMENT FOR THE MEMBERS OF SAID CORPORATION AND THEIR FRIENDS; PROVIDED HOWEVER, THAT PROFIT IS NOT THE OBJECT OF PURPOSE OF SAID CORPORATION AND ITS BUSINESS SHALL NOT BE CARRIED ON FOR PROFIT. 12 12 195 0 183986 167110 0 0 12015140 13385241 33107 179067 -298839 -765934 11749408 12798374 0 0 0 0 4995527 5341689 0 0 0 5811240 5906204 10806767 11247893 942641 1550481 19428560 21017792 1508635 1549140 17919925 19468652 X TO PROMOTE AND FURTHER THE GAME OF GOLF AND ALL OTHER LAWFUL GAMES, SPORTS AND EXHIBITIONS WHICH MAY TEND TO PROVIDE RECREATION AND AMUSEMENT FOR THE MEMBERS OF SAID CORPORATION AND THEIR FRIENDS; PROVIDED HOWEVER, THAT PROFIT IS NOT THE OBJECT OF PURPOSE OF SAID CORPORATION AND ITS BUSINESS SHALL NOT BE CARRIED ON FOR PROFIT. 0 0 PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION AND SOCIAL BENEFIT OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 54 0 195 1 1 1 0 0 0 1 1 793412 173960 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 REBECCA BEDRICK 6267966125 ONE NORTH SAN RAFAEL AVENUE PASADENA CA 91105 X EDWIN V WOODSOME PRESIDENT 1.00 X X 0 0 0 WILLIAM MARSH 1ST VP 1.00 X X 0 0 0 LACHLAN CAMERON 2ND VP & SECY. 1.00 X X 0 0 0 JORDAN LOPEZ CFO 1.00 X X 0 0 0 MIKE STEWART DIRECTOR 1.00 X 0 0 0 JOSEPH P MALLINGER DIRECTOR 1.00 X 0 0 0 ROBERT E WILLIAMS DIRECTOR 1.00 X 0 0 0 GREG DOBBS DIRECTOR 1.00 X 0 0 0 GREGORY S CHAPMAN DIRECTOR 1.00 X 0 0 0 SCOTT L WILLIAMSON DIRECTOR 1.00 X 0 0 0 EVAN RICHARDSON DIRECTOR 1.00 X 0 0 0 GREG SATO DIRECTOR 1.00 X 0 0 0 STEVE MENA DIRECTOR 1.00 X 0 0 0 TED CHESTER DIRECTOR 1.00 X 0 0 0 CURTIS GILLILAND GENERAL MANAGER 40.00 X 383125 0 50943 BRIAN O'LAUGHLIN SUPERINTENDENT 40.00 X 137141 0 23324 BRIAN BOHLIG GOLF PRO 40.00 X 237467 0 16109 REBECCA BEDRICK CONTROLLER 40.00 X 200445 0 30791 JAMES HARRINGER EXECUTIVE CHEF 40.00 X 192239 0 33337 1150417 0 154504 5 0 1 0 0 MEMBERSHIP DUES 713910 9171245 9171245 CAPITAL DUES & ASSESSMENT 713910 1996435 1996435 INITIATION FEES 713910 793412 793412 GOLF SHOP 713910 656081 656081 GREEN FEES 713910 389034 358678 30356 379034 379034 13385241 177463 177463 1604 0 1604 1604 1604 4874136 5640070 -765934 -742101 -23833 12798374 12614388 183986 0 X 434068 3609178 143330 858558 296555 3279 1272252 263740 REPAIRS & MAINTENANCE 798404 UTILITIES 759506 GOLF COURSE OPERATING E 502337 A&G OPERATING EXPENSES 384215 1922471 11247893 1524914 2110395 4038805 4681708 1934755 1901212 518164 597398 227184 288729 26814928 15413746 10957070 11401182 227668 37168 19428560 21017792 1236628 1500916 272007 48224 1508635 1549140 X 17919925 19468652 17919925 19468652 19428560 21017792 X 1550481 -1754 X 0 1 X 1 0 1095581 1095581 9217741 5443324 3774417 5633441 4510705 1122736 10868165 5459717 5408448 11401182 X 18596944 5798570 5798570 12798374 0 12798374 17048217 5800324 5800324 11247893 0 11247893 PART X, LINE 2: THE CLUB HAS BEEN GRANTED EXEMPTION FROM FEDERAL AND CALIFORNIA TAXES ON INCOME AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(7) AND SECTION 23701G OF THE CALIFORNIA REVENUE AND TAXATION CODE. HOWEVER, THE TAX REFORM ACT OF 1969 PROVIDES FOR THE ASSESSMENT OF TAXES ON WHAT IS TERMED UNRELATED BUSINESS INCOME. THIS IS GENERALLY DEFINED TO REPRESENT SUCH FORMS OF UNRELATED INCOME AS INVESTMENT INCOME AND RENTAL INCOME. AS A 501(C)(7) ORGANIZATION THE CLUB IS LIMITED IN THE AMOUNT OF REVENUE THAT CAN BE GENERATED FROM NONMEMBER SOURCES. TAX POSITIONS INITIALLY REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. THE CLUB BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE AT DECEMBER 31, 2023. AS OF DECEMBER 31, 2023, THE CLUB'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA FRANCHISE TAX BOARD, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,640,070. REFUND OF ADMISSION FEES 158,500. INCOME/EXPENSE NET PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,640,070. FUEL TAX CREDIT 1,754. REFUND OF ADMISSION FEES 158,500. X X 0 0 0 CURTIS GILLILAND GENERAL MANAGER 336815 0 46310 0 0 0 10043 0 40900 0 434068 0 0 0 BRIAN BOHLIG GOLF PRO 218717 0 18750 0 0 0 6602 0 9507 0 253576 0 0 0 REBECCA BEDRICK CONTROLLER 182945 0 17500 0 0 0 5243 0 25548 0 231236 0 0 0 JAMES HARRINGER EXECUTIVE CHEF 175649 0 16590 0 0 0 5701 0 27636 0 225576 0 0 0 BRIAN O'LAUGHLIN SUPERINTENDENT 117141 0 20000 0 0 0 3284 0 20040 0 160465 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A LINE 11B EXPLANATION - THE CFO REVIEWS FORM 990 PREPARED BY THE CLUB'S INDEPENDENT PUBLIC ACCOUNTING FIRM, THEN SIGNS AND APPROVES. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE CLUB HAS MEMBERS OF VARIOUS CLASSES. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - ANNUALLY REGULAR MEMBERS VOTE FOR 4 NEW BOARD MEMBERS AND THE 4 NEW BOARD MEMBERS REPLACE THE 4 LONGEST TERM BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING OF THE MEMBERSHIP, THE MEMBERS OF THE CLUB APPROVE ANY CHANGES TO THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS FORM 990 PREPARED BY THE CLUB'S INDEPENDENT PUBLIC ACCOUNTING FIRM, THEN SIGNS AND APPROVES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES EXECUTIVE COMPENSATION. APPROVAL IS MADE BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC WITHOUT A VALID BUSINESS PURPOSE. FORM 990, PART IX, LINE 24E F&B OPERATING EXPENSE 378,467. CLUBROOM OPERATING EXPENSE 351,690. SECURITY 265,700. LEASE EXPENSE 218,352. PROSHOP OPERATING EXPENSE 203,572. LOCKER ROOMS OPERATING EXPENSE 166,480. PROPERTY TAX 149,750. PROFESSIONAL FEE 46,000. HEAT, LIGHT & POWER 43,296. TAXES 38,046. PRINTING AND STATIONARY 37,313. POSTAGE 19,561. OTHER SPORTS OPERATING EXPENSE 4,244. FORM 990, PART XI, LINE 9: FUEL TAX CREDIT -1,754.