2025-02-18T12:32:34-06:00 2024-03-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-04-01 520403190 MARYLAND CLUB INC MARY 4107272323 1 EAST EAGER STREET BALTIMORE MD 21202 THOMAS BURTON TREASURER 4107272323 2025-02-18 1 1 KERRI RAWCLIFFE P01398485 4016216200 2025-02-18 2023 2025-03-06 01:10:19Z 1 EAST EAGER STREET BALTIMORE MD 21202 6127524 0 X WWW.MARYLANDCLUB1857.ORG X 1858 MD PROMOTION OF SOCIAL INTERCOURSE AMONG ITS MEMBERS & EXTENSION OF HOSPITABLE COURTESIES TO STRANGERS. THE CLUB IS COMMITTED TO OFFERING MEMBERS EXCEPTIONAL SOCIAL, DINING AND ATHLETIC EXPERIENCES AND GOOD COMRADERY WITH FELLOW MEMBERS WHILE RESPECTING THE TRADITIONS OF THE CLUB. 21 21 47 0 -11769 9149 0 0 3856970 4195949 11285 12813 -317899 -397106 3550356 3811656 0 0 0 0 1745651 2060080 0 0 0 2122331 2483659 3867982 4543739 -317626 -732083 18577393 17453906 6765690 6465087 11811703 10988819 X THE PROMOTION OF REGULATED SOCIAL INTERCOURSE AMONG ITS MEMBERS, AND THE EXTENSION OF COURTESIES TO STRANGERS. THE CLUB IS COMMITTED TO OFFERING MEMBERS EXCEPTIONAL SOCIAL, ATHLETIC EXPERIENCES AND GOOD COMRADERY WITH FELLOW MEMBERS WHILE RESPECTING THE TRADITIONS OF THE CLUB. 0 0 TO PROVIDE PREMIER SOCIAL, DINING, AND ATHLETIC EXPERIENCES FOR ITS MEMBERS AND GUESTS. 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 13 0 1 47 1 1 1 0 0 0 1 1 147916 118776 0 0 0 X 21 21 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 MD X THOMAS BURTON 4107272323 1 EAST EAGER STREET BALTIMORE MD 21202 X HUGH D MCGUIRK PRESIDENT 2.00 X X 0 0 0 LAWRENCE F HAISLIP VICE PRESIDENT 1.00 X X 0 0 0 CATO DG CARPENTER TREASURER 1.00 X X 0 0 0 CHARLES FENWICK III GOVERNOR 1.00 X X 0 0 0 TRACY A BACIGALUPO SECRETARY 1.00 X X 0 0 0 CRAIG ROSWELL GOVERNOR 1.00 X X 0 0 0 DAWN KENNEDY GOVERNOR 1.00 X 0 0 0 JUSTIN BATOFF GOVERNOR 1.00 X 0 0 0 JOHN M BLACK GOVERNOR 1.00 X 0 0 0 THOMAS R BURTON GOVERNOR 1.00 X 0 0 0 DAWN BURCH GOVERNOR 1.00 X 0 0 0 MARK COLLINS GOVERNOR 1.00 X 0 0 0 PARKER DAVIS GOVERNOR 1.00 X 0 0 0 DAVID DEMUTH GOVERNOR 1.00 X 0 0 0 MATTHEW D GALLAGHER GOVERNOR 1.00 X 0 0 0 JOSEPH HABERMAN GOVERNOR 1.00 X 0 0 0 CHRIS HALEY GOVERNOR 1.00 X 0 0 0 JOHN KEMP GOVERNOR 1.00 X 0 0 0 BRUCE MATHAI GOVERNOR 1.00 X 0 0 0 SAGE PLATT JR GOVERNOR 1.00 X 0 0 0 STUART A SMITH III GOVERNOR 1.00 X 0 0 0 ANDREW J CORDOVA DIRECTOR OF RACQUETS 40.00 X 179914 0 0 VICTOR J ALVAREZ EXECUTIVE CHEF 40.00 X 120893 0 0 ISAURO G LOPEZ FITNESS DIRECTOR 40.00 X 118279 0 0 JASON MARLOW CHIEF FINANCIAL OFFICER 40.00 X 141055 0 0 CORINNE P HART DIRECTOR OF MEMBERSHIP & MARKETING 40.00 X 128129 0 0 BENJAMIN C HALES FORMER GENERAL MANAGER 40.00 X 155908 0 0 844178 0 0 6 1 1 0 0 MEMBERSHIP DUES 713910 2781097 2781097 SQUASH, FITNESS AND TOURNAMENT 713910 852589 852589 CAPITAL REPLACEMENT FEE 713910 330090 330090 INITIATION FEES 713910 147916 147916 MISCELLANEOUS OPERATING REVENUE 713910 84257 84257 4195949 12813 12813 1918762 2315868 -397106 -372524 -24582 3811656 3823425 -11769 0 335822 1358653 57863 169480 138262 13700 1179 13648 90812 53195 496485 306145 750957 127400 REPAIRS & MAINTENACE 202102 SUPPLIES 116089 LAUNDRY/LINEN 74690 PARKING 47621 189636 4543739 1543515 806544 509665 291315 181872 163733 151436 129423 25961823 10016021 16064716 15945802 126189 117089 18577393 17453906 253489 294514 29049 50312 6483152 6120261 6765690 6465087 X 11811703 10988819 11811703 10988819 18577393 17453906 X -732083 -90801 X X 0 1 X 1 0 1618103 1618103 22282400 8443547 13838853 2055653 1572474 483179 5667 5667 15945802 X 6127524 2315868 2315868 3811656 0 3811656 6859607 2315868 2315868 4543739 0 4543739 PART X, LINE 2: ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES ACCRUED ON UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE CLUB DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF MARCH 31, 2024 AND 2023. THE U.S. FEDERAL JURISDICTION AND MARYLAND ARE THE MAJOR TAX JURISDICTIONS WHERE THE CLUB FILES TAX RETURNS. THE CLUB IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2020. THERE ARE CURRENTLY NO EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - FOOD AND BEVERAGE 2,315,868. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - FOOD AND BEVERAGE 2,315,868. 0 0 0 ANDREW J CORDOVA DIRECTOR OF RACQUETS 179914 0 0 0 0 0 0 0 0 0 179914 0 0 0 BENJAMIN C HALES FORMER GENERAL MANAGER 155908 0 0 0 0 0 0 0 0 0 155908 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MARYLAND CLUB ("THE CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ONLY RESIDENT MEMBERS OF THE CLUB MAY VOTE TO ELECT THE MEMBERS OF THE BOARD OF GOVERNORS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B THE RESIDENT MEMBERS OF THE CLUB MUST VOTE AND APPROVE ALL CHANGES TO THE BY-LAWS, CONSTITUTION OR MEMBERSHIP. IF THE BOARD OF GOVERNORS OF THE CLUB DESIRES TO MAKE A CHANGE TO EITHER THE CONSTITUTION, BY-LAWS OR MEMBERSHIP ON THE BOARD OF GOVERNORS, IT HAS TO BE VOTED ON/APPROVED BY THE RESIDENT MEMBERS. THE RESIDENT MEMBERS OF THE CLUB MUST VOTE AND APPROVE ALL CHANGES TO THE BY-LAWS, CONSTITUTION OR MEMBERSHIP. IF THE BOARD OF GOVERNORS OF THE CLUB DESIRES TO MAKE A CHANGE TO EITHER THE CONSTITUTION, BY-LAWS OR MEMBERSHIP ON THE BOARD OF GOVERNORS, IT HAS TO BE VOTED ON/APPROVED BY THE RESIDENT MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE CLUB DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER OF THE CLUB PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 IS AVAILABLE, UPON REQUEST, TO ALL MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE HOUSE CHAIRMAN OF THE CLUB DETERMINES THE GENERAL MANAGER'S COMPENSATION THROUGH A REVIEW OF COMPENSATION OF COMPARABLE CLUB'S MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN INITIATION FEES -90,801. PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS HAS DIRECT OVERSIGHT AND RESPONSILBILITY FOR THE SELECTION OF ITS OUTSIDE CPA, AS WELL AS ITS ANNUAL FINANCIAL STATEMENT AUDIT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.