2024-07-01T15:10:46-05:00 2023-10-31 160929175 DOPKINS & COMPANY LLP 200 INTERNATIONAL DR BUFFALO NY 142215794 990 2022-11-01 160664780 TRANSIT VALLEY COUNTRY CLUB INC TRAN 7166885500 8920 TRANSIT ROAD EAST AMHERST NY 14051 MAGGIE SHOTWELL TREASURER 7166885500 2024-05-15 1 MAGGIE SHOTWELL XXX-XX-XXXX 0 MICHAEL ORLOWSKI P00956557 7166348800 2024-05-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARCO BENEDETTI 8920 TRANSIT ROAD EAST AMHERST NY 14051 7381525 0 X WWW.TRANSITVALLEY.COM X 1921 NY TO PROVIDE CLUB MEMBERS WITH THE OPPORTUNITY TO PARTICIPATE IN CLUB ACTIVITIES WITHIN A PRIVATE SETTING. 9 9 247 0 456381 41210 0 0 5133564 5270702 120342 67706 1318858 1241988 6572764 6580396 0 0 0 0 3171125 3273448 0 0 0 2557221 2740948 5728346 6014396 844418 566000 7453834 8802303 3521885 4304354 3931949 4497949 THE PRIMARY PURPOSE OF THE CLUB IS TO OPERATE, FOR THE BENEFIT OF THE MEMBERSHIP, THE TRANSIT VALLEY COUNTRY CLUB FACILITIES. 0 0 TRANSIT VALLEY COUNTRY CLUB, INC. IS A NON-PROFIT CORP. WHICH PROVIDES ATHLETIC & SOCIAL ACTIVITIES FOR THE CLUB MEMBERS. ALL EXPENSES INCURRED ARE THE RESULT OF PROGRAM, MANAGEMENT AND GENERAL SERVICES TO 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 0 0 247 1 1 1 0 0 0 0 1475781 571075 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 1 0 NY X LISA EOANNOU 7166885500 8920 TRANSIT ROAD EAST AMHERST NY 14051 OMAR ABDALLAH 2ND VICE-PRESIDENT 2.00 X X 0 0 0 DR RAVI SINHA 1ST VICE-PRESIDENT 2.00 X X 0 0 0 WAYNE PACHIOLI GOVERNOR 2.00 X 0 0 0 MARCO BENEDETTI PRESIDENT 2.00 X X 0 0 0 CHRIS FINLEY SECRETARY 2.00 X X 0 0 0 MAGGIE SHOTWELL TREASURER 2.00 X X 0 0 0 JUSTIN ANDREOZZI GOVERNOR 2.00 X 0 0 0 BRIGID HURLEY GOVERNOR 2.00 X 0 0 0 KEITH BELOTE GOVERNOR 2.00 X 0 0 0 ADAM E MIS GROUNDS SUPERINTENDENT 40.00 X 130892 0 0 TINA GUTEKUNST GENERAL MANAGER 40.00 X 131066 0 0 261958 0 0 2 0 0 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 4344499 4344499 GOLF, SWIMMING, TENNIS 713910 539625 374039 165586 MISCELLANEOUS REVENUE 713910 230822 230822 LOCKER & STORAGE RENTALS & MISC. 713910 118870 118870 MINIMUM SPENDING & LATE CHARGES 713910 23716 23716 13170 13170 5270702 44239 44239 24000 533 23467 23467 23467 2042584 800596 1241988 995432 246556 6580396 6124015 456381 0 2799731 24829 114189 334699 20129 19000 32182 90267 308204 98737 166120 713902 150638 GOLF COURSE SUPPLIES & 292276 REPAIRS & MAINTENANCE 210505 SUPPLIES & RENTALS 195938 MISCELLANEOUS 115158 327892 6014396 358651 183904 411226 213848 486558 479699 126196 130196 136874 123396 19746013 12074753 5934329 7671260 7453834 8802303 548810 341613 2559859 3531565 413216 431176 3521885 4304354 X 3931949 4497949 3931949 4497949 7453834 8802303 566000 0 X X 0 1 X 1 0 430289 430289 10088785 6871988 3216797 5104345 2155022 2949323 4122594 3047743 1074851 7671260 DEFERRED INCOME 12250 UNEARNED DUES 418926 431176 X 7357525 0 7357525 -777129 -777129 6580396 6791525 777129 777129 6014396 0 6014396 PART X, LINE 2: THE CLUB IS EXEMPT FROM INCOME TAXES UNDER IRC 501(C)(7). IT IS HIGHLY CERTAIN SOME POSITIONS TAKEN FOR INCOME TAX PURPOSES WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY TO THE EXTENT THAT AN UNCERTAIN TAX POSITION (IF ANY) IS ATTRIBUTABLE TO THE CLUB. CERTAIN TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS FOR U.S FEDERAL TAX PURPOSES AND BY NEW YORK STATE FOR STATE TAX PURPOSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE -800,596. GAIN ON SALE OF PROPERTY AND EQUIPMENT 23,467. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE 800,596. GAIN ON SALE OF PROPERTY AND EQUIPMENT -23,467. X X 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A SOCIAL CLUB THAT HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED IN DRAFT FORM TO THE GENERAL MANAGER, PRESIDENT AND TREASURER OF THE CLUB FOR REVIEW. THE BOARD OF GOVERNORS HAS APPOINTED THEM WITH THE RESPONSIBILITY OF REVIEWING AND APPROVING THE RETURN PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE TREASURER WILL MAKE THE FORM 990 AVAILABLE TO ALL MEMEBERS OF THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND DEPARTMENT HEADS PARTICIPATING IN THE ACTIVITIES AND/OR OPERATIONS OF THE TRANSIT VALLEY COUNTRY CLUB MUST ANNUALLY SIGN A CONFLICT OF INTEREST FORM, AND DISCLOSE ANY DIRECT OR INDIRECT RELATIONSHIP, INVESTMENT OR INTEREST WHICH MAY REQUIRE HIS/HER EXCLUSION FROM PARTICIPATING IN CERTAIN DECISION - MAKING PROCESSES. FORM 990, PART VI, SECTION B, LINE 15B THERE IS A CONTRACT THAT IS DRAWN UP FOR TOP MANAGEMENT AND KEY EMPLOYEES AND THE CONTRACTS ARE APPROVED BY THE BOARD PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 TRANSIT VALLEY COUNTRY CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990,PART XII, LINE 2C THE ORGANIZATION'S BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANT.