2024-10-30T22:44:16-05:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 041683805 THE OAKLEY COUNTRY CLUB OAKL 6174842400 410 BELMONT STREET WATERTOWN MA 024721399 SOLOMON F OWAYDA TREASURER 6174842400 2024-10-23 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z SOLOMON F OWAYDA 410 BELMONT STREET WATERTOWN MA 024721399 10833972 0 X WWW.OAKLEYCOUNTRYCLUB.ORG X 1898 MA PRIVATE ACCOMMODATION FOR ITS MEMBERS AND THEIR GUESTS TO ENJOY FRIENDSHIP, CAMARADERIE AND TO ADVANCE THEIR WELL-BEING THROUGH SOCIAL AND RECREATIONAL PARTICIPATION. 13 13 224 50 608103 84981 0 0 6205091 6683372 25016 89981 2716091 2846486 8946198 9619839 0 0 0 0 4691230 5024960 0 0 0 4178282 4309728 8869512 9334688 76686 285151 20164017 20266117 12671519 12517768 7492498 7748349 OAKLEY COUNTRY CLUB IS A PRIVATE ACCOMMODATION FOR ITS MEMBERS AND THEIR GUESTS TO ENJOY FRIENDSHIP, CAMARADERIE AND TO ADVANCE THEIR WELL BEING THROUGH SOCIAL AND RECREATIONAL PARTICIPATION. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 18 0 1 224 1 1 1 0 0 0 0 1808491 790717 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 0 0 0 X SUSAN BISHOP THE CLUB 6174842400 410 BELMONT STREET WATERTOWN MA 024721399 X PHIL O'NEILL PRESIDENT 15.00 X X 0 0 0 JOHN VERDERESE VICE PRESIDENT 15.00 X X 0 0 0 SOLOMON OWAYDA TREASURER 15.00 X X 0 0 0 JANICE DORIAN SECRETARY 15.00 X X 0 0 0 JANET KREVOLIN BOARD MEMBER 15.00 X 0 0 0 PAUL RUFO BOARD MEMBER 15.00 X 0 0 0 RUGO SANTINI BOARD MEMBER 15.00 X 0 0 0 MICHAEL KELLY BOARD MEMBER 15.00 X 0 0 0 JOSEPH NOONE BOARD MEMBER 15.00 X 0 0 0 CURTIS COLE BOARD MEMBER 15.00 X 0 0 0 DAN MEE BOARD MEMBER 15.00 X 0 0 0 EAMON CASEY BOARD MEMBER 15.00 X 0 0 0 ANDREW COPELOTTI BOARD MEMBER 15.00 X 0 0 0 PATRICK LANGE GOLF COURSE SUPERINTENDENT 40.00 X 225000 0 9000 RICHARD MARTINO CLUBHOUSE MANAGER 40.00 X 240000 0 24688 SCOTT JOHNSON HEAD GOLF PROFESSIONAL 40.00 X 130500 0 23746 SUSAN BISHOP CONTROLLER 40.00 X 121850 0 4874 RACHEL KLEIN EXECUTIVE CHEF 40.00 X 156140 0 10673 JOHN DELPHA FORMER EXECUTIVE CHEF 40.00 X 133250 0 4948 IVAN LAW FOOD & BEVERAGE DIRECTOR 40.00 X 140950 0 4248 1147690 0 82177 7 0 1 0 0 MEMBERSHIP DUES 713910 4874881 4874881 MASTER PLAN ASSESSMENT 713910 673860 673860 CAPITAL RESERVE ASSESS 713910 625735 625735 INITIATION FEES 713910 508896 508896 6683372 89981 89981 3876872 1214133 2662739 2144617 518122 INSURANCE PROCEEDS 900099 183747 183747 183747 9619839 8827989 608103 183747 498688 3769515 46308 283876 426573 5035 27150 216684 180420 556449 364474 1238101 109566 GOLF COURSE OPERATIONS 674672 OTHER SPORTS ACTIVITIES 565878 FOOD & BEV. OPERATIONS 305738 WATER MAIN & FOUNTAIN C 65561 9334688 3056655 1760805 1539020 2074387 2176116 112011 85273 70933 80047 32192201 17836637 14663851 14355564 186180 269292 20164017 20266117 466046 627382 910341 984105 10190744 9823274 1104388 1083007 12671519 12517768 X 7492498 7748349 7492498 7748349 20164017 20266117 X 285151 -29300 X 0 1 X 1 0 136250 136250 19135195 7157307 11977888 3880649 3656164 224485 9040107 7023166 2016941 14355564 LEASE OBLIGATION 99808 DEFERRED INITIATION FEES 713907 OPERATING LEASE OBLIGATIONS 269292 1083007 10553051 1214133 1214133 9338918 280921 280921 9619839 10267900 1214133 1214133 9053767 280921 280921 9334688 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,214,133. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS UP SERVICE CHARGE 97,174. GROSS UP OF INSURANCE PROCEEDS 183,747. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,214,133. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP SALARIES AND WAGES 97,174. GROSS UP OF WATER DAMAGE EXPENSES 183,747. X 0 0 0 RICHARD MARTINO CLUBHOUSE MANAGER 225000 0 15000 0 0 0 9104 0 15584 0 264688 0 0 0 PATRICK LANGE GOLF COURSE SUPERINTENDENT 225000 0 0 0 0 0 9000 0 0 0 234000 0 0 0 RACHEL KLEIN EXECUTIVE CHEF 145000 0 10000 0 1140 0 0 0 10673 0 166813 0 0 0 SCOTT JOHNSON HEAD GOLF PROFESSIONAL 130500 0 0 0 0 0 5220 0 18526 0 154246 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE OAKLEY COUNTRY CLUB ("THE CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY OF THE CLUB SHALL BE THE BOARD OF DIRECTORS WHICH SHALL CONSIST OF THIRTEEN PERSONS. THE NOMINATING COMMITTEE PRODUCES A SLATE OF OFFICERS WHICH IS VOTED ON BY THE MEMBERSHIP AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS SHALL APPROVE ALL CONTRACTS, CONCESSIONS OR AGREEMENTS MADE ON BEHALF OF THE CLUB AS IT SHALL DEEM NECESSARY OR PROPER. THE BOARD SHALL NOT, HOWEVER, HAVE THE POWER TO EXPEND ANY AMOUNT IN EXCESS OF ONE HUNDRED THOUSAND DOLLARS (100,000) IN ANY FISCAL YEAR NOT INCLUDED IN THE PREVIOUSLY SUBMITTED CAPITAL AND EXPENSE BUDGETS PER SECTION 9.2 UNLESS BY A MAJORITY AFFIRMATIVE VOTE OF THE BOARD OF DIRECTORS AND THE APPROVAL BY TWO-THIRDS (2/3) VOTE OF THE MEMBERSHIP CERTIFICATE HOLDERS PRESENT IN PERSON OR BY PROXY AT ANY ANNUAL OR SPECIAL MEETING OF WHICH PROPER NOTICE IS GIVEN. THE BOARD OF DIRECTORS SHALL HAVE THE POWER TO ELECT NEW MEMBERS AND TO MAKE REGULATIONS GOVERNING QUALIFICATIONS FOR MEMBERSHIP IN ANY OF THE VARIOUS CLASSIFICATIONS AND, SUBJECT TO THESE BY-LAWS, TO LIMIT THE NUMBER OF MEMBERS IN EACH CATEGORY AND TO DEFINE THE RIGHTS AND PRIVILEGES OF EACH CLASS OF MEMBERS. IT SHALL HAVE THE POWER TO FIX ALL CHARGES OTHER THAN DUES AND ASSESSMENTS. IT SHALL HAVE THE POWER, HOWEVER, TO LEVY IN ANY YEAR UPON ALL CLASSES OF MEMBERSHIPS SUBJECT TO PAYMENT OF DUES AND ANNUAL ASSESSMENT NOT IN EXCESS OF TEN PERCENT (10%) OF THE AMOUNT OF THE ANNUAL DUES OF EACH CLASS OF MEMBERSHIP. THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE DIRECTORS WHO ARE PRESENT AT A MEETING SHALL BE REQUIRED TO CARRY A RESOLUTION ESTABLISHING ASSESSMENTS OR DUES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT, TREASURER AND CONTROLLER PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE DISTRIBUTED TO MANAGEMENT AND BOARD MEMBERS EVERY YEAR. THE DOCUMENTS ARE KEPT BY THE CONTROLLER. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT PUBLIC INFORMATION. FORM 990, PART XI, LINE 9: NET CHANGE IN BUILDING, IRRIGATION/BUNKER AND MEMBERSHIP CERTIFICATES -29,300.