2024-05-09T09:58:01-05:00 2023-06-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2022-07-01 590198160 THE EVERGLADES CLUB INC EVER 5616557810 356 WORTH AVENUE PALM BEACH FL 334804617 GEORGE E SUMMERS PRESIDENT 5616557810 2024-04-23 1 GEORGE SUMMERS 999009999 0 CHRISTOPHER CECIL P01877773 5616971785 2024-04-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GEORGE E SUMMERS 356 WORTH AVENUE PALM BEACH FL 334804617 37871729 0 X N/A X 1936 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 12 12 441 91 886557 836808 0 0 25726410 25592406 73191 476631 4221257 4707664 30020858 30776701 0 0 0 0 17479509 19733937 0 0 0 13283277 15085432 30762786 34819369 -741928 -4042668 62993699 65272422 3816705 5288163 59176994 59984259 THE EVERGLADES CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDES RECREATIONAL FACILITIES FOR MEMBERS. THE CLUB MAINTAINS AND OPERATES AN 18 HOLE GOLF COURSE, TENNIS COURTS AND CROQUET COURTS. THE CLUB ALSO MAINTAINS DINING FACILITIES. FACILITIES FOR THE BENEFIT OF MEMBERS. FOR THE YEAR ENDED 6/30/23 FOOD AND BEVERAGE SALES FOR APPROXIMATELY 960 MEMBERS TOTALED $8,405,553. 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 0 0 0 1 91 0 1 441 1 1 1 0 0 0 1 1 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 1 1 1 1 0 X X STEPHEN BRANNEY 5616557810 356 WORTH AVENUE PALM BEACH FL 33480 GEORGE E SUMMERS PRESIDENT 1.00 X X 0 0 0 PAUL L MADDOCK JR VICE PRESIDENT/SECRETARY 1.00 X X 0 0 0 WILLIAM K CALER TREASURER 1.00 X X 0 0 0 JOHN E FLAGG III DIRECTOR 1.00 X 0 0 0 JAMES L MYERS JR DIRECTOR 1.00 X 0 0 0 MRS JAMES B GUBELMANN DIRECTOR 1.00 X 0 0 0 MICHAEL A MERRIMAN DIRECTOR 1.00 X 0 0 0 DUDLEY L MOORE JR DIRECTOR 1.00 X 0 0 0 JOHN BT MURRAY JR DIRECTOR 1.00 X 0 0 0 M WELDON ROGERS DIRECTOR 1.00 X 0 0 0 MRS E TODD SAVAGE DIRECTOR 1.00 X 0 0 0 JOHN QUAY DIRECTOR 1.00 X 0 0 0 RICHARD S LESE GENERAL MANAGER 40.00 X 862186 0 44995 STEPHEN BRANNEY COMPTROLLER 40.00 X 231802 0 21763 PETER BROOKS GOLF SUPERINTENDENT 40.00 X 335025 0 38297 DREW GARMS EXECUTIVE CHEF 40.00 X 247037 0 35735 VINCENT BAUDAT TENNIS PRO 40.00 X 229187 0 32105 RUSSELL GLEN DECOR SPECIALIST 40.00 X 267951 0 24673 RADU DRULA CLUBHOUSE MANAGER 40.00 X 236476 0 32656 R LOGAN DECAROLIS GOLF PROFESSIONAL 40.00 X 246839 0 22118 MATTHEW RATLIFF PASTRY CHEF 40.00 X 252279 0 31802 2908782 0 284144 9 0 1 0 MARSH USA INC 1560 SAWGRASS CORP PKWY SUNRISE FL 33323 INSURANCE 1300244 1 MEMBER DUES 713910 19548983 19548983 APARTMENT RENTALS 713910 2855239 2855239 DECOR 713910 1565558 1565558 GOLF CART & RELATED REVENUE 713910 1131210 1131210 OTHER SPORTS 713910 491416 491416 25592406 293474 293474 2282462 1689379 593083 593083 593083 189604 6447 183157 183157 183157 9420335 5399202 4021133 4021133 OTHER INCOME 713910 93448 93448 93448 30776701 29706987 886557 183157 1816841 14545288 1613841 1757967 65969 1552769 3907019 1139799 INCOME TAXES 217339 ADMINISTRATIVE AND GENE 1725293 FOOD 1639180 MAINTENANCE 1454765 3383299 34819369 5978109 2559347 645685 537415 1236193 1169020 1905302 1492615 99106174 51302585 45613524 47803589 30119 30119 1477710 1346349 6107057 10333968 62993699 65272422 1972052 2003328 460255 460844 1384398 2823991 3816705 5288163 X 59176994 59984259 59176994 59984259 62993699 65272422 X -4042668 4849933 X X 0 1 X 1 0 244726 244726 60411688 31790750 28620938 21580340 11356332 10224008 16869420 8155503 8713917 47803589 SECURITY DEPOSITS 170403 DESIGNATED FUNDS 5778928 OTHER ASSETS 512200 DEFERRED COMPENSATION PLAN 653671 U.S. TREASURY SECURITIES 2000000 RIGHT OF USE ASSETS FOR OPERATING LEASES 1099347 RIGHT OF USE ASSETS FOR FINANCE LEASES 119419 10333968 TENANT SECURITY DEPOSITS 166237 SEVERANCE PLAN PAYABLE 168389 DEFERRED COMPENSATION PLAN PAYABLE 1249820 OPERATING LEASE OBLIGATIONS 1115705 FINANCE LEASE OBLIGATIONS 123840 2823991 X 37865282 7088581 7088581 30776701 0 30776701 41907950 7088581 7088581 34819369 0 34819369 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 STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 5,399,202. RENTAL EXPENSE 1,689,379. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 5,399,202. RENTAL EXPENSE 1,689,379. X 0 1 X 0 0 0 RICHARD S LESE GENERAL MANAGER 528375 0 306811 0 27000 0 18300 0 26695 0 907181 0 0 0 PETER BROOKS GOLF SUPERINTENDENT 309055 0 0 0 25970 0 18300 0 19997 0 373322 0 0 0 RUSSELL GLEN DECOR SPECIALIST 252251 0 0 0 15700 0 15070 0 9603 0 292624 0 0 0 MATTHEW RATLIFF PASTRY CHEF 231779 0 0 0 20500 0 11514 0 20288 0 284081 0 0 0 DREW GARMS EXECUTIVE CHEF 226737 0 0 0 20300 0 15464 0 20271 0 282772 0 0 0 RADU DRULA CLUBHOUSE MANAGER 215976 0 0 0 20500 0 12373 0 20283 0 269132 0 0 0 R LOGAN DECAROLIS GOLF PROFESSIONAL 231865 0 0 0 14974 0 14974 0 7144 0 268957 0 0 0 VINCENT BAUDAT TENNIS PRO 215083 0 0 0 14104 0 14104 0 18001 0 261292 0 0 0 STEPHEN BRANNEY COMPTROLLER 204802 0 0 0 27000 0 13211 0 8552 0 253565 0 0 0 PART I, LINE 1B HOUSING ON SITE IS REQUIRED FOR THE GENERAL MANAGER AND GOLF COURSE SUPERINTENDENT. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING EQUITY MEMBER CATEGORIES HAVE VOTING PRIVILEGES: FULL SPORT, SINGLE FULL SPORT, SOCIAL, AND TENNIS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERSHIP APPROVAL IS REQUIRED EACH YEAR FOR THE ELECTION OF THE NEW BOARD OF DIRECTORS. DECISIONS MADE BY THE BOARD DO NOT REQUIRE GENERAL MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE PRESIDENT, TREASURER, GENERAL MANAGER, COMPTROLLER, AND THE FINANCE COMMITTEE MEMBERS. THESE INDIVIDUALS REVIEW FORM 990 WITH OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION IS COMPLETED BY THE PRESIDENT AND THE GENERAL MANAGER. 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 COPIES OF THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: STOCK CERTIFICATES ISSUED 22,000. CAPITAL CONTRIBUTIONS 4,827,933. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.