2025-09-01T09:35:30-05:00 2024-10-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2023-11-01 590687396 VERO BEACH COUNTRY CLUB INC VERO 7725673320 800 30TH STREET VERO BEACH FL 32960 TIM STRALEY GM/COO 7725673320 2025-09-01 1 0 CHRISTOPHER CECIL P01877773 5616971785 2023 2025-03-06 01:10:19Z BILL LYNCH 800 30TH STREET VERO BEACH FL 32960 8323122 0 X WWW.VBCOUNTRYCLUB.COM X 1968 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 11 11 150 65 304854 67896 0 0 5221421 5479072 83425 83073 1411498 1382740 6716344 6944885 0 0 0 0 3914413 4440075 0 0 0 3597656 3681445 7512069 8121520 -795725 -1176635 12047700 12348382 1703005 1864894 10344695 10483488 VERO BEACH COUNTRY 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'S REVENUE FROM FOOD AND BEVERAGE SALES TOTALED $2,158,245 FOR THE YEAR ENDED 10/31/24 OF WHICH $115,417 WAS NON-MEMBER RELATED. IN ADDITION APPROXIMATELY 27,578 ROUNDS OF GOLF WERE PLAYED FOR THE YEAR ENDED 10/31/24 OF WHICH 3,508 WERE NON-MEMBER RELATED. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 1 150 1 1 1 0 0 0 1 1 0 317437 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 1 1 0 0 0 X JUDY FOLCK CONTROLLER 7725673320 800 30TH STREET VERO BEACH FL 32960 BILL LYNCH PRESIDENT 10.00 X X 0 0 0 JIMMY ANSELL VICE PRESIDENT 10.00 X X 0 0 0 PRISCILLA HAMMOND TREASURER 10.00 X X 0 0 0 L NICHOLAS GEESLIN SECRETARY 10.00 X X 0 0 0 MARY WRIGHT DIRECTOR 5.00 X 0 0 0 RON SMALL DIRECTOR 5.00 X 0 0 0 ROBERT BIRD DIRECTOR 5.00 X 0 0 0 ANTHONY MITCHELL DIRECTOR 5.00 X 0 0 0 SANDY STREETMAN DIRECTOR 5.00 X 0 0 0 STEPHEN HUSTEAD DIRECTOR 5.00 X 0 0 0 DANE ULLIAN DIRECTOR 5.00 X 0 0 0 TIMOTHY STRALEY CEO/GM 40.00 X 186683 0 37385 JUDY FOLCK CONTROLLER 40.00 X 131052 0 26997 RANDY HEDGECOCK GOLF PROFESSIONAL 40.00 X 137081 0 10465 BRUCE MEIER EXECUTIVE CHEF 40.00 X 146653 0 29968 601469 0 104815 4 0 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 4622378 4622378 CART RENTAL & GREEN FEES 713910 749619 688182 61437 PRO AM TOURNAMENT 713910 107075 53175 53900 5479072 82183 82183 57200 56310 890 890 890 2611351 1321927 1289424 1182090 107334 MISCELLANEOUS 713910 93316 93316 93316 6944885 6639141 304854 890 3386513 1053562 39505 1203799 198527 GOLF COURSE MAINTENANCE 820046 FOOD & BEVERAGE EXPENSE 329321 CLUBHOUSE 260753 ADMINISTRATIVE AND GENE 180869 648625 8121520 684568 1033846 700895 724319 262808 275137 198509 263718 23142370 14244085 9510076 8898285 517647 997179 173197 155898 12047700 12348382 1569864 1805334 133141 59560 1703005 1864894 X 10344695 10483488 10344695 10483488 12047700 12348382 X -1176635 1315428 X X 0 1 X 1 0 1121735 1121735 9006728 4963985 4042743 3982117 1614221 2367896 9031790 7665879 1365911 8898285 INVESTMENTS 997179 F 997179 FINANCE LEASE OBLIGATION 46752 OPERATING LEASE OBLIGATION 12808 59560 X 8159737 0 8159737 -1214852 -1214852 6944885 9336533 1321927 1321927 8014606 106914 106914 8121520 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITION AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,321,927. PRO AM TOURNAMENT INCOME 107,075. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,321,927. PART XII, LINE 4B - OTHER ADJUSTMENTS: PRO AM EXPENSE 106,914. X X X 0 0 0 TIMOTHY STRALEY CEO/GM 186683 0 0 0 0 0 5600 0 31785 0 224068 0 0 0 BRUCE MEIER EXECUTIVE CHEF 146653 0 0 0 0 0 3665 0 26303 0 176621 0 0 0 JUDY FOLCK CONTROLLER 131052 0 0 0 0 0 2644 0 24353 0 158049 0 0 0 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 MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: REGULAR AND PREMIER GOLFING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO MEMBERSHIP APPROVAL: BY-LAW AMENDMENTS AND PROPOSITIONS, GENERAL ASSESSMENTS THAT EXCEED 10% OF THE MEMBER ANNUAL DUES, CAPITAL ASSESSMENT INCREASES OR NEW THAT CREATE INDEBTEDNESS BY BORROWING MONIES BEYOND 20% OF TOTAL CLUB ASSETS, AND MAKE ANY COMMITMENT OR INCUR INDEBTEDNESS REQUIRING EXPENDITURE IN EXCESS OF $250,000. 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 CONTROLLER, GENERAL MANAGER, AND TREASURER. THE CONTROLLER AND TREASURER REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 15 IN ORDER TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER AND KEY EMPLOYEES, THE CLUB USES COMPENSATION DATA OF SIMILAR QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR CLUBS. THE COMPENSATION MUST ALSO BE REVIEWED AND APPROVED BY THE BOARD MEMBERS. 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 THE CLUB PROVIDES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: PRO AM TOURNAMENT NOT RECORDED ON BOOKS -161. INITIATION FEES 674,850. CAPITAL ASSESSMENTS 640,739. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR