2024-01-17T17:47:51-06:00 2023-03-31 840930288 BROCK AND COMPANY CPAS PC 3711 JFK PARKWAY SUITE 315 FORT COLLINS CO 80525 990 2022-04-01 840439697 COLUMBINE COUNTRY CLUB COLU 3037942674 17 FAIRWAY LANE COLUMBINE VALLEY CO 80123 JASON MURPHY COO 3037942674 2024-01-15 1 JASON MURPHY 999009999 0 SID FAHSHOLTZ CPA P00779361 9702237855 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JASON MURPHY 17 FAIRWAY LANE COLUMBINE VALLEY CO 80123 17707656 0 X WWW.COLUMBINECOUNTRYCLUB.ORG X 1955 CO THE COLUMBINE COUNTRY CLUB IS A PRIVATE ATHLETIC CLUB ORGANIZED FOR THE RECREATION OF ITS MEMBERS. 9 9 326 60 182360 1144 0 0 12191704 12002489 0 19541 2561847 958981 14753551 12981011 0 0 0 0 7014179 6312945 0 0 0 5441533 5545805 12455712 11858750 2297839 1122261 37675928 36781513 13074525 11057849 24601403 25723664 THE COLUMBINE COUNTRY CLUB IS A PRIVATE, SOCIAL ATHLETIC CLUB ORGANIZED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. 0 0 THE COLUMBINE COUNTRY CLUB IS A PRIVATE, SOCIAL ATHLETIC CLUB ORGANIZED FOR THE PLEASURE AND RECREATION 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 49 0 1 326 1 1 1 0 0 0 0 1742636 1180094 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KAREN WALKER 3034076282 17 FAIRWAY LANE COLUMBINE VALLEY CO 80123 JOHN RIDENS PRESIDENT 3.00 X X 0 0 0 STEFAN WENGER TREASURER 3.00 X X 0 0 0 REID PAGE SECRETARY 3.00 X X 0 0 0 TODD GUTHRIE DIRECTOR 3.00 X 0 0 0 TYLER TERCH DIRECTOR 3.00 X 0 0 0 TED TRASK DIRECTOR 3.00 X 0 0 0 JILL SCHRADER DIRECTOR 3.00 X 0 0 0 DEBBIE MCGOUGH DIRECTOR 3.00 X 0 0 0 TONY GORSKI DIRECTOR 3.00 X 0 0 0 JASON MURPHY GM/COO 40.00 X 125064 0 10006 BRYAN HEIM DIRECTOR OF GOLF 40.00 X 221432 0 36287 HUGH LYNCH COURSE SUPERINTENDENT 40.00 X 224513 0 17283 LEAH CAILLIER DIRECTOR OF MEMBERSHIP 40.00 X 154257 0 26098 KAREN WALKER DIRECTOR OF FINANCE 40.00 X 213337 0 18036 JEFF KENSER EXECUTIVE CHEF 40.00 X 147007 0 24329 ANDREW ZODIN DIRECTOR OF TENNIS 40.00 X 126134 0 14549 TERRY ANDERSEN DIRECTOR OF FOOD & BEVERAGE 40.00 X 118479 0 14242 KEVIN HOOD FORMER GM/COO 40.00 X 200600 0 22936 1530823 0 183766 9 1 1 0 LARSEN MANUAL THERAPIES LLC 151 SUMMER ST 1066 MORRISON CO 80465 MASSAGE THERAPY 100441 1 MEMBERSHIP FEES 713910 7917045 7917045 COUNTRY CLUB OPERATIONS 713910 2633984 2423495 210489 SPECIAL ASSESSMENTS 713910 1451460 1451460 12002489 2041 2041 336333 278998 57335 57335 57706 -371 17500 0 17500 17500 17500 5003694 4447647 556047 585846 -29799 MISCELLANEOUS INCOME 713910 345599 345599 345599 12981011 12798651 182360 0 938603 3803410 117239 879527 574166 124658 44127 386027 83125 171842 895689 31202 346142 1653201 261621 TOURNAMENT EXPENSE 593754 GROUNDS & MAINTENANCE 347162 OPERATING SUPPLIES 346963 ALL OTHER EXPENSES 260292 11858750 1046773 123221 3768834 3353241 840942 795335 288025 312949 150581 100091 46707502 15612901 30830739 31094601 252041 750034 750034 37675928 36781513 1107843 906927 881910 139425 11084772 10011497 13074525 11057849 X 0 0 0 0 24601403 25723664 24601403 25723664 37675928 36781513 1122261 0 X 0 1 X 1 0 290801 290801 32470898 9711490 22759408 6073008 3142607 2930401 7872795 2758804 5113991 31094601 X 17707656 4726645 4726645 12981011 0 12981011 16585395 4726645 4726645 11858750 0 11858750 PART X, LINE 2: THE CLUB IS A NONPROFIT SOCIAL AND RECREATION ORGANIZATION. UNDER PROVISIONS OF SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, THE CLUB IS SUBJECT TO INCOME TAX ON ITS NET UNRELATED BUSINESS INCOME. SUCH TAXES DO NOT HAVE A MATERIAL EFFECT ON THE FINANCIAL POSITION OR RESULTS OF OPERATIONS OF THE CLUB. THE CLUB UTILIZES THE PROVISIONS OF ASC 740, PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE PRONOUNCEMENT REQUIRES THE USE OF A MORE-LIKELY-THAN-NOT RECOGNITION CRITERIA BEFORE AND SEPARATE FROM THE MEASUREMENT OF A TAX POSITION. AN ENTITY SHALL INITIALLY RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. WITH RESPECT TO THE CLUB, THIS WOULD PRIMARILY RELATE TO THE DETERMINATION OF UNRELATED BUSINESS TAXABLE INCOME, AND TO THE MAINTENANCE OF ITS TAX EXEMPT STATUS. MANAGEMENT HAS EVALUATED THE ADOPTED POLICIES AND PROCEDURES THAT HAVE BEEN IMPLEMENTED TO PROVIDE ASSURANCE THAT INCOME IS PROPERLY CHARACTERIZED AND ACTIVITIES THAT JEOPARDIZE ITS TAX EXEMPT STATUS ARE WITHIN LIMITS ESTABLISHED UNDER EXISTING TAX CODE AND REGULATIONS. MANAGEMENT HAS DETERMINED THE EFFECTS OF UNCERTAIN TAX POSITIONS ARE NOT MATERIAL TO THE CLUB FOR RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AND, ACCORDINGLY, NO INCOME TAX LIABILITY HAS BEEN RECORDED FOR UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALL INCOME TAX YEARS OPEN FOR EXAMINATION ARE SUBJECT TO TAXATION AT CORPORATE TAX RATES. ADDITIONALLY, PENALTIES AND INTEREST MAY BE ASSESSED ON INCOME TAXES THAT ARE DELINQUENT. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,447,647. RENTAL EXPENSES 278,998. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,447,647. RENTAL EXPENSES 278,998. X X X X 0 0 0 BRYAN HEIM DIRECTOR OF GOLF 221432 0 0 0 0 0 7379 0 28908 0 257719 0 0 0 HUGH LYNCH COURSE SUPERINTENDENT 224513 0 0 0 0 0 7780 0 9503 0 241796 0 0 0 KAREN WALKER DIRECTOR OF FINANCE 213337 0 0 0 0 0 8533 0 9503 0 231373 0 0 0 KEVIN HOOD FORMER GM/COO 200600 0 0 0 0 0 8149 0 14787 0 223536 0 0 0 LEAH CAILLIER DIRECTOR OF MEMBERSHIP 154257 0 0 0 0 0 5863 0 20235 0 180355 0 0 0 JEFF KENSER EXECUTIVE CHEF 147007 0 0 0 0 0 6021 0 18308 0 171336 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERSHIP: 1. PERMANENT LIFE MEMBERS 2. RESIDENT MEMBERS 3. SENIOR RESIDENT MEMBERS 4. BUSINESS MEMBERS 5. NONRESIDENT MEMBERS 6. JUNIOR MEMBERS 7. SOCIAL MEMBERS 8. SENIOR MEMBERS 9. CLUBHOUSE MEMBERS 10. HONORARY MEMBERS 11. WOMEN MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE CONTROL AND MANAGEMENT OF THE CLUB AND ITS AFFAIRS AND PROPERTY SHALL BE ENTRUSTED TO A BOARD OF DIRECTORS CONSISTING OF NINE MEMBERS, EACH BEING EITHER A PERMANENT LIFE OR RESIDENT MEMBER OF THE CLUB WHO HAS BEEN A MEMBER OF THE CLUB FOR AT LEAST FIVE YEARS AND WHO HAS SERVED ON AT LEAST ONE STANDING COMMITTEE. A MAXIUMUM OF THREE DIRECTORS, OR SUCH SMALLER NUMBER OF DIRECTORS WHOSE TERMS HAVE EXPIRED, SHALL BE ELECTED AT EACH ANNUAL MEETING OF MEMBERS, EACH FOR A FOUR YEAR TERM. THE ANNUAL MEETING OF THE MEMBERS OF THE CLUB SHALL BE HELD AT THE CLUBHOUSE, OR AT SUCH OTHER CONVENIENT PLACE AND DATE AS THE BOARD OF DIRECTORS MAY DESIGNATE AT 7:30 P.M. DURING THE MONTH OF DECEMBER EACH YEAR. THE SECRETARY SHALL GIVE ALL MEMBERS ENTITLED TO VOTE TEN DAYS NOTICE, BY MAIL, OF THE DATE, HOUR, PLACE, OF, AND AGENDA FOR SUCH MEETING. THERE SHALL ALSO BE ENCLOSED THEREWITH A COPY OF THE BALLOT CONTAINING ALL THE NAMES OF THE CANIDATES FOR DIRECTOR NOMINATED IN ACCORDANCE WITH THE PROVISIONS OF THESE BYLAWS. ALL MEMBERS OF THE CLUB SHALL BE ENTITLED TO ATTEND ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERS OF THE CLUB; PROVIDED, HOWEVER, PERMAMNENT LIFE AND RESIDENT MEMBERS IN GOOD STANDING SHALL BE ENTITLED TO VOTE AT SUCH ANNUAL OR SPECIAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THERE ARE NINE DIRECTORS THAT SERVE 4-YEAR TERMS WHICH ARE ELECTED ON A STAGGERED BASIS AT EACH ANNUAL MEETING OF MEMBERS. THE ANNUAL MEETING OF THE MEMBERS OF THE CLUB IS HELD AT THE CLUBHOUSE, OR AT SUCH OTHER CONVENIENT PLACE AND DATE AS THE BOARD OF DIRECTORS MAY DESIGNATE DURING THE MONTH OF DECEMBER EACH YEAR. THE SECRETARY GIVES ALL MEMBERS ENTITLED TO VOTE TEN DAYS NOTICE, BY MAIL, OF THE DATE, HOUR, PLACE OF, AND AGENDA FOR SUCH MEETING. RESIDENT MEMBERS, BUSINESS MEMBERS, AND PERMANENT LIFE MEMBERS ARE ENTITLED TO VOTE FOR THE CANDIDATES OF THE BOARD OF DIRECTORS. THERE IS ALSO ENCLOSED THEREWITH A COPY OF THE BALLOT CONTAINING ALL THE NAMES OF THE CANDIDATES FOR DIRECTOR NOMINATED IN ACCORDANCE WITH THE PROVISIONS OF THE BYLAWS. THE FOLLOWING ACTIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY A MAJORITY OF THE MEMBERS OF THE ORGANIZATION: (1) THE PURCHASE, SALE, OR ENCUMBRANCE OF REAL PROPERTY IN EXCESS OF $300,000. (2) ANY SINGLE EXPENDITURE IN EXCESS OF $300,000. (3) THE IMPOSITION OF A GENERAL ASSESSMENT. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 IS PREPARED, THE DIRECTOR OF FINANCE AND ACCOUNTING AND THE GENERAL MANAGER/COO REVIEW THE RETURN IN DETAIL. THE RETURN IS THEN PROVIDED TO THE FINANCE COMMITTEE BY THE TAX RETURN PREPARER. AFTER THESE TWO LEVELS OF REVIEW, THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN CONFLICT OF INTEREST POLICY REQUIRES AFFIRMATION BY THE BOARD MEMBERS ON AN ANNUAL BASIS. THE ORGANIZATION TAKES MEASURES TO DETERMINE WHETHER ANY PROPOSED TRANSACTIONS THAT IT UNDERTAKES WOULD RESULT IN A CONFLICT OF INTEREST WITH ANY BOARD MEMBER. THE GENERAL MANAGER MONITORS WHETHER ANY PROPOSED TRANSACTIONS WITH THE ORGANIZATION INVOLVE ANY CONFLICTS OF INTEREST. IF ANY CONFLICTS OF INTEREST EXIST WITH ANY MEMBER OF THE BOARD, THE BOARD MEMBER RECUSES HIMSELF FROM VOTING ON ANY MATTERS PERTAINING TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 IN THE PROCESS OF HIRING THE GENERAL MANAGER, AN INDEPENDENT EXECUTIVE SEARCH FIRM OR BOARD MEMBERS CONDUCTED THE INITIAL SEARCH AND NARROWED THE CANDIDATE LIST THAT WAS SUBMITTED TO A MEMBER HIRING COMMITTEE AND BOARD OF DIRECTORS FOR A FINAL DECISION. COMPENSATION FOR THE GENERAL MANAGER IS BASED ON MARKET RATES AND COMPARABLE WAGE FOR THE INDUSTRY THAT IS FOUND IN COMPENSATION SURVEYS FOR COUNTRY CLUBS AND OTHER SIMILAR ORGANIZATIONS. THE ORGANIZATION MAINTAINS THE APPROPRIATE DOCUMENTATION OF HOW THE COMPENSATION IS SET FOR THE GENERAL MANAGER. THE GENERAL MANAGER HAS AUTHORITY FOR HIRING THE DIRECTOR OF FINANCE AND ACCOUNTING AND ALL OTHER DEPARTMENT HEADS. THE GENERAL MANAGER USES COMPENSATION SURVEYS FOR COUNTRY CLUBS AND OTHER SIMILAR ORGANIZATIONS TO COMPARE THE COMPENSATION PAID TO OTHER OFFICERS AND KEY EMPLOYEES. AFTER THIS ANALYSIS IS COMPLETED, THE GENERAL MANAGER SUBMITS THE COMPENSATION AMOUNTS AND THE DATA FROM THE COMPENSATION SURVEY TO THE FINANCE COMMITTEE CHAIR FOR REVIEW OR TO THE FINANCE COMMITTEE DURING THE BUDGETING PROCESS. THE ORGANIZATION MAINTAINS THE APPROPRIATE DOCUMENTATION OF HOW THE COMPENSATION IS SET FOR THE OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.