2024-11-13T13:19:24-06:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 111191180 PIPING ROCK CLUB PIPI 5164709695 150 PIPING ROCK ROAD LOCUST VALLEY NY 11560 THOMAS ST GIMBEL TREASURER 5164709695 2024-10-15 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z THOMAS ST GIMBEL 150 PIPING ROCK ROAD LOCUST VALLEY NY 11560 30542453 0 X WWW.PIPINGROCKCLUB.ORG X 1911 NY TO PROVIDE PROPER GROUNDS FOR THE GAME OF GOLF AND OTHER OUTDOOR SPORTS FOR THE USE AND ENJOYMENT OF ITS MEMBERS. 24 24 305 175 914808 254991 0 0 11300247 12437222 149044 334902 6811068 6643866 18260359 19415990 0 0 0 0 12548863 13428217 0 0 0 6526126 6770298 19074989 20198515 -814630 -782525 30333591 30245830 5119619 5905683 25213972 24340147 TO PROVIDE THE PROPER GROUNDS AND FACILITIES FOR THE GAME OF GOLF AND OTHER OUTDOOR SPORTS FOR THE USE AND ENJOYMENT OF ITS MEMBERS. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 34 0 1 305 1 1 1 0 0 0 0 1182129 750247 0 0 0 X 24 24 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 X MICHAEL CURTI THE CLUB 5164709695 150 PIPING ROCK ROAD LOCUST VALLEY NY 11560 X ANN D CONWAY PRESIDENT 3.00 X X 0 0 0 ERIC O FORNELL VICE PRESIDENT 3.00 X X 0 0 0 MEGAN D SCOTT SECRETARY 3.00 X X 0 0 0 PETER J PELL JR SECRETARY 3.00 X X 0 0 0 THOMAS ST GIMBEL TREASURER 3.00 X X 0 0 0 JOHNSTON L EVANS ASSISTANT TREASURER 3.00 X X 0 0 0 SUSAN A ANDERSON GOVERNOR 3.00 X 0 0 0 WENDY BRECK GOVERNOR 3.00 X 0 0 0 REED P COLEMAN GOVERNOR 3.00 X 0 0 0 LAUREN G DUFF GOVERNOR 3.00 X 0 0 0 CHRISTOPHER A GULDEN GOVERNOR 3.00 X 0 0 0 HOYLE C JONES GOVERNOR 3.00 X 0 0 0 ANTOINE C KEMPER JR GOVERNOR 3.00 X 0 0 0 HANNE MAXWELL GOVERNOR 3.00 X 0 0 0 JOCELYN M PICKETT GOVERNOR 3.00 X 0 0 0 TAYLOR T ROBINSON GOVERNOR 3.00 X 0 0 0 ALEXANDRA O SWEENEY GOVERNOR 3.00 X 0 0 0 CARL W TIMPSON III GOVERNOR 3.00 X 0 0 0 CHARLES H WAGNER GOVERNOR 3.00 X 0 0 0 PETER C WEBEL GOVERNOR 3.00 X 0 0 0 VALERIE L WESTCOTT GOVERNOR 3.00 X 0 0 0 FREDERIC M BANCROFT GOVERNOR 3.00 X 0 0 0 GRANT A PORTER GOVERNOR 3.00 X 0 0 0 MARIA G HACKLEY GOVERNOR 3.00 X 0 0 0 ANDY HAUSER GENERAL MANAGER 50.00 X 411484 0 44052 DANIEL POWELL GROUNDS SUPERINTENDENT 50.00 X 355859 0 42950 GREGORY M EVANS DIRECTOR RACQUETS SPORTS 40.00 X 454816 0 31885 REID HOWEY DIRECTOR OF GOLF 40.00 X 441796 0 20005 MICHAEL CURTI CONTROLLER, CFO 40.00 X 271255 0 20053 MATTHEW A SCHINDLER EXECUTIVE CHEF 40.00 X 272718 0 23326 GREGORY LABELLE DIRECTOR GOLF INSTRUCTION 40.00 X 248110 0 20994 2456038 0 203265 24 0 1 0 0 MEMBERSHIP DUES 713910 11255093 11255093 INITIATION FEES 713910 1182129 1182129 12437222 334902 334902 9383429 9383429 0 0 8378251 1743034 6635217 6055311 579906 REAL ESTATE TAX REFUND 900099 8649 8649 8649 19415990 18492533 914808 8649 854345 9740168 406625 1389300 1037779 84380 160887 560535 66457 678883 26737 1979954 559667 UNRELATED BUS. INC. TAX 118500 GOLF COURSE OPERATIONS 1011773 FOOD & BEV. OPERATIONS 486905 OTHER DEPT. OPERATIONS 439481 596139 20198515 1813337 1836577 6229 6630 887843 949228 791005 884601 481419 466279 38574665 20521472 19280044 18053193 6754435 6974176 319279 1075146 30333591 30245830 1227904 1929140 3891715 3976543 5119619 5905683 X 25213972 24340147 25213972 24340147 30333591 30245830 X -782525 92733 -184033 X 0 1 X 1 0 58290 58290 34165042 17807563 16357479 4351333 2713909 1637424 18053193 UNEARNED REVENUE 72330 MEMBERSHIP DUES PAID IN ADVANCE 2207173 SPECIAL PURPOSE FUNDS 8900 POST RETIREMENT BENEFITS 320452 DEF. COMPENSATION PLAN LIABILITY 221776 TAXES PAYABLE & ACCRUED 292542 OPERATING LEASE PAYABLE 853370 3976543 X X 1 1 X X X 0 1 0 GREGORY M EVANS DIRECTOR RACQUETS SPORTS 454516 0 0 0 300 0 7019 0 24866 0 486701 0 0 0 REID HOWEY DIRECTOR OF GOLF 441556 0 0 0 240 0 9900 0 10105 0 461801 0 0 0 ANDY HAUSER GENERAL MANAGER 312461 0 97500 0 1523 0 30712 0 13340 0 455536 0 0 0 DANIEL POWELL GROUNDS SUPERINTENDENT 279589 0 76000 0 270 0 18644 0 24306 0 398809 0 0 0 MATTHEW A SCHINDLER EXECUTIVE CHEF 242028 0 30000 0 690 0 13150 0 10176 0 296044 0 0 0 MICHAEL CURTI CONTROLLER, CFO 220275 0 49000 0 1980 0 18780 0 1273 0 291308 0 0 0 GREGORY LABELLE DIRECTOR GOLF INSTRUCTION 247982 0 0 0 128 0 7683 0 13311 0 269104 0 0 0 PART I, LINE 1A DANIEL POWELL, THE CLUB'S GROUNDS SUPERINTENDENT IS PROVIDED WITH A PERSONAL RESIDENCE ON THE CLUB'S PREMISES AS A CONDITION OF EMPLOYMENT. WE PROVIDE SEVERAL EMPLOYEES SUCH AS THE GENERAL MANAGER AND GREENS SUPERINTENDENT WITH AN ALLOWANCE WITH A MAXIMUM ANNUAL AMOUNT. PART I, LINE 4B ANDY HAUSER, GENERAL MANAGER PARTICIPATED IN THE 457B PLAN IN 2023 AND THE CLUB CONTRIBUTED $22,500. ERIC O FORNELL VICE PRES. & BOARD MEMBER 16428 FEES FOR DEFINE BENEFIT PLAN INVESTMENT MANAGEMENT 0 FORM 990, PART VI, SECTION A, LINE 6 THE PIPING ROCK CLUB ( THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS THE BOARD OF GOVERNORS ("BOG"), WHICH MAY HAVE AS A FEW AS 16 AND NO MORE THAN 32 POSITIONS. THE BOG POSITIONS THAT ARE SCHEDULED FOR VACANCY ARE VOTED ON AT THE ANNUAL MEETING BY MEMBERS WITH VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE BY-LAWS MUST BE APPROVED BY A 2/3 MAJORITY OF THE VOTING MEMBERS PRESENT AT ANY MEETING. ALL OTHER DECISIONS BY THE BOARD OF GOVERNORS ARE NOT SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION A, LINE 8B FORMAL MINUTES ARE NOT PREPARED FOR COMMITTEE MEETINGS. COMMITTEE CHAIRMAN, GENERALLY A MEMBER OF THE BOARD OF GOVERNORS ("BOG"), REPORT VERBALLY AT THE MONTHLY BOG MEETINGS AND ARE INCLUDED IN THE FORMAL MINUTES OF THE BOG MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE TREASURER, ASSISTANT TREASURER, PRESIDENT, GENERAL MANAGER AND CFO BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE PIPING ROCK CLUB CONFLICT OF INTEREST POLICY REQUIRES THAT BOARD OF GOVERNORS AND MANAGEMENT EMPLOYEES (COLLECTIVELY "MANAGEMENT PERSONS") COMPLETE AND SUBMIT THE MANAGEMENT PERSON DISCLOSURE FORM ANNUALLY. RESPONSES ARE REVIEWED AND ASSESSED BY THE AUDIT, FINANCE & RISK MANAGEMENT COMMITTEE LEAD BY THE TREASURER. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB'S COMPENSATION COMMITTEE DETERMINES EMPLOYEE SALARIES BASED ON THE REVIEW OF THE INDUSTRY SALARY DATA PROVIDED BY THEIR AUDITOR'S INDEPENDENT STUDY. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: POST-RETIREMENT BENEFITS LIABILITY ADJUSTMENT -175,432. DEFFERED COMPENSATION INCOME -8,601. PIPING ROCK HOLDING CORP 150 PIPING ROCK ROAD LOCUST VALLEY NY 11560 116037197 TITLE HOLDING NY 501(C)(2) N/A THE CLUB 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 PIPING ROCK HOLDING CORP N 203983