2024-09-16T13:59:59-05:00 2023-10-31 431305800 UHY ADVISORS MIDWEST INC 4200 UNIVERSITY AVE SUITE 410 WEST DES MOINES IA 50266 990 2022-11-01 420325820 HYPERION FIELD CLUB HYPE 5152784711 7390 NW BEAVER DRIVE JOHNSTON IA 50131 NEAL THUENTE TREASURER 5152784711 2024-06-24 1 0 DAVID J HOVE P00279704 5152225680 2024-06-24 2022 2024-08-08 14:25:15Z NEAL THUENTE 7390 NW BEAVER DRIVE JOHNSTON IA 50131 8899142 0 X WWW.HYPERIONFC.COM X 1900 IA TO OWN AND OPERATE A COUNTRY CLUB FOR THE SHARED ENJOYMENT AND RECREATION OF THE MEMBERS AND THEIR GUESTS. 12 12 230 0 1675780 1190946 514970 0 5171059 5134483 15402 1191947 2185869 2223449 7887300 8549879 0 0 0 0 2883475 3212162 0 0 0 3487745 3839412 6371220 7051574 1516080 1498305 7790881 9507559 2959896 3188669 4830985 6318890 TO SERVE AS AN ASSOCIATION OF ITS MEMBERS. TO OWN AND OPERATE A COUNTRY CLUB FOR THE SHARED ENJOYMENT AND RECREATION OF THE MEMBERS AND THEIR GUESTS. 0 0 FOOD AND BEVERAGE OPERATIONS GOLF COURSE MAINTENANCE, GOLF SHOP AND ACTIVITIES. THE GOLF COURSE IS A FULLY FUNCTIONAL 18 HOLE GOLF COURSE WHICH ALSO PROVIDES PRACTICE FACILITIES. THE GOLF SHOP OFFERS FASHION APPAREL, GOLF EQUIPMENT, AND OTHER ACCESSORIES. PROGRAMS AND EVENTS INCLUDE WOMEN'S GOLF, MEN'S GOLF, JUNIOR GOLF, COUPLES GOLF, AND TWILIGHT GOLF. THE GOLF COURSE PROVIDES TWO DINING ROOMS. THE SPORTS BAR IS A CASUAL PLACE TO HAVE LUNCH OR DINNER. FOR A QUIET AND FAMILY-ORIENTED SETTING, THE SUNSET DINING ROOM IS MORE APPROPRIATE. THE CLUBHOUSE IS ALSO USED FOR CLUBHOUSE EVENTS HOSTED BY HYPERION. 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 27 0 230 1 1 1 0 0 0 0 229345 483833 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 1 0 X NEAL THUENTE 5152784711 7390 NW BEAVER DR JOHNSTON IA 50131 X NEAL THUENTE TREASURER 2.00 X X 0 0 0 LARRY SIDWELL PRESIDENT 2.00 X X 0 0 0 KURT SINNETT DIRECTOR 2.00 X 0 0 0 BOB GAGNE DIRECTOR 2.00 X 0 0 0 LISA HAYNES SECRETARY 2.00 X X 0 0 0 AARON RECTOR DIRECTOR 2.00 X 0 0 0 MICHELLE BLANCHARD DIRECTOR 2.00 X 0 0 0 JEFF AUGUSTINE DIRECTOR 2.00 X 0 0 0 MARTY ELMORE VICE PRESIDENT 2.00 X X 0 0 0 DUSTIN SIMMERMAN DIRECTOR 2.00 X 0 0 0 GENE NELSEN DIRECTOR 2.00 X 0 0 0 LANE SIRES DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 713910 3746846 3746846 GOLF SHOP 713910 388826 341890 46936 GOLF CART RENTALS 713910 314741 288318 26423 GREEN FEES 713910 241446 148270 93176 GOLF & SOCIAL ACTIVITIES 713910 145239 145239 297385 297385 5134483 9710 9710 1531500 349263 1182237 1182237 1182237 2189802 0 2189802 1872504 317298 MISCELLANEOUS 900001 33647 33647 33647 8549879 6874099 1675780 0 2837430 24464 64075 286193 10300 8904 107650 435757 61649 507805 129661 UBIT TAX EXPENSE 251371 COST OF GOODS SOLD 992481 MAINTENANCE EXPENSES 337341 GOLF SHOP 327433 669060 7051574 966204 2688467 250254 668625 216641 0 185124 107703 223854 281568 6271 5637 15255088 9578447 5942533 5676641 0 78918 7790881 9507559 502425 524239 2386945 2266990 70526 397440 2959896 3188669 X 4830985 6318890 4830985 6318890 7790881 9507559 X 1498305 -10400 X X 1 X 0 1 0 436321 436321 5474702 3379684 2095018 3081452 2130874 950578 6262613 4067889 2194724 5676641 251371 MEMBER INVESTMENT PAYABLE 67151 CURRENT PORTION OF OPERATING LEASE 38210 LONG TERM PORTION OF OPERATING LEASE 40708 397440 X 8549879 0 8549879 0 8549879 7051574 0 7051574 0 7051574 PART X, LINE 2: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ASC 740, INCOME TAXES, THE CLUB ASSESSES ITS TAX POSITIONS AND DETERMINES IF ANY POSITIONS ARE UNCERTAIN. THE CLUB HAS ANALYZED ITS FILING POSITIONS OPEN TO REVIEW AND BELIEVES ALL SIGNIFICANT POSITIONS HAVE A "MORE-LIKELY-THAN-NOT LIKELIHOOD OF BEING UPHELD BASED ON ITS TECHNICAL MERITS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS MAY ELECT MEMBERS OF THE GOVERNING BODY AND APPROVE DECISIONS MADE BY THE GOVERNING BODY FORM 990, PART VI, SECTION A, LINE 7A COUNTRY CLUB WITH DUES PAYING MEMBERS FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST APPROVE BORROWINGS IN EXCESS OF $100,000. FORM 990, PART VI, SECTION B, LINE 11B THE 990 AND 990-T RETURNS ARE REVIEWED BY THE TREASURER OF THE ORGANIZATION BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES ALL SALARY CHANGES FOR TOP MANAGEMENT FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES -10,400. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED.