2025-09-11T16:44:59-05:00 2024-10-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14TH FLOOR GLENDALE CA 91203 990 2023-11-01 950919720 LAKESIDE GOLF CLUB LAKE 8189840601 PO BOX 2386 TOLUCA LAKE CA 91610 ROBERT HERTZING COO\GM 8189840601 2025-09-11 1 0 MARK J HENNELLY P00982999 8186375000 2023 2025-03-06 01:10:19Z PO BOX 2386 TOLUCA LAKE CA 91610 21238614 0 X WWW.LAKESIDEGOLFCLUB.COM X 1924 CA A NONPROFIT ORGANIZATION OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF THE CLUB MEMBERS. THE PRIMARY ACTIVITIES INCLUDE OPERATING AND MAINTAINING A GOLFCOURSE AND CLUBHOUSE. 12 12 194 0 513203 198229 0 0 13883844 14651834 136477 215059 -531984 -806976 13488337 14059917 0 0 0 0 5194353 6203189 0 0 0 6809201 7777195 12003554 13980384 1484783 79533 21212540 21161028 3258068 3131264 17954472 18029764 A NONPROFIT ORGANIZATION OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF THE CLUB MEMBERS. THE PRIMARY ACTIVITIES INCLUDE OPERATING AND MAINTAINING A GOLFCOURSE AND CLUBHOUSE. 0 0 PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF THE CLUB 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 194 1 1 1 0 0 0 1 1 1132000 743422 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X ISABEL CRUZ 8189840601 4500 LAKESIDE DR BURBANK CA 91505 RYAN RANSDELL PRESIDENT 2.00 X X 0 0 0 PETER BARSOCCHINI VICE PRESIDENT 2.00 X X 0 0 0 MATT HEYN SECRETARY 2.00 X X 0 0 0 REGGIE MCDOWELL TREASURER 2.00 X X 0 0 0 BRIAN DANELIAN DIRECTOR 2.00 X 0 0 0 JOHN M GATTI DIRECTOR 2.00 X 0 0 0 DAVID GROSSMAN DIRECTOR 2.00 X 0 0 0 ROGER HABER DIRECTOR 2.00 X 0 0 0 DAVID MCGUIRE DIRECTOR 2.00 X 0 0 0 SEAN WOLLASTON DIRECTOR 2.00 X 0 0 0 CRAIG STRONG DIRECTOR 2.00 X 0 0 0 ROBERT WALSTON DIRECTOR 2.00 X 0 0 0 ROBERT HERTZING CHIEF OPERATING OFFICER/GM 40.00 X 487504 0 11591 ISABEL CRUZ CONTROLLER 40.00 X 160142 0 4063 DANIEL ADAM CINCIS CHEF 40.00 X 207315 0 5445 KEVIN BAILEY HEAD PROFESSIONAL 40.00 X 214783 0 4236 JOHN SEITZ CLUBHOUSE MANAGER 40.00 X 214224 0 12515 MICHAEL MAGNANI SUPERINTENDENT 40.00 X 247890 0 8516 1531858 0 46366 6 0 1 0 0 MEMBERSHIP DUES 713910 10481517 10481517 TRANSFER FEES 713910 1132000 1132000 GREEN FEES 713910 1058411 862646 195765 CAPITAL FUNDING FEES 852794 852794 GOLF CART RENTAL 713910 403703 382418 21285 723409 595529 127880 14651834 249489 35208 214281 34430 -34430 -34430 -34430 6337291 7144267 -806976 -760968 -46008 14059917 13546714 513203 0 X 499095 4400079 51594 858843 393578 43923 1911776 370203 SUPPLIES 1326838 UTILITIES 1008452 A&G OPERATING EXPENSE 781114 F&B OPERATING EXPENSE 469796 1865093 13980384 1308635 992464 4390532 5300803 1128922 973495 495235 451100 430776 459683 32511018 19746641 13149344 12764377 309096 219106 21212540 21161028 1733646 1441369 72798 65395 131501 0 1320123 1624500 3258068 3131264 X 17954472 18029764 17954472 18029764 21212540 21161028 X 79533 -2661 -1579 X 0 1 X 1 0 366954 366954 9582590 5739721 3842869 9750526 6440913 3309613 12810948 7566007 5244941 12764377 MEMBER DEPOSITS 735040 ROU OPERATING AND FINANCE LEASES 889460 1624500 X 21201523 -2661 7144267 7141606 14059917 0 14059917 21126231 7145846 7145846 13980385 0 13980385 PART X, LINE 2: THE CLUB HAS BEEN GRANTED EXEMPTION FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(7) AND RELATED CALIFORNIA CODE SECTION. HOWEVER, THE TAX REFORM ACT OF 1969 PROVIDES FOR TAXES ON WHAT IS TERMED "UNRELATED BUSINESS INCOME." THIS IS GENERALLY DEFINED TO INCLUDE INTEREST INCOME, RENTAL INCOME, AND INCOME FROM NONMEMBER SOURCES SUCH AS FOOD AND BEVERAGE SALES. AS OF OCTOBER 31, 2024, THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF OCTOBER 31, 2024, THE CLUB'S ANNUAL TAX FILINGS FOR THE PRIOR THREE AND FOUR YEARS ARE OPEN FOR AUDIT BY FEDERAL AND STATE TAX AGENCIES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,144,267. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUEL CREDIT 1,579. COST OF GOODS SOLD 7,144,267. X X X 0 0 0 ROBERT HERTZING CHIEF OPERATING OFFICER/GM 487504 0 0 0 0 0 6600 0 4991 0 499095 0 0 0 MICHAEL MAGNANI SUPERINTENDENT 247890 0 0 0 0 0 5028 0 3488 0 256406 0 0 0 JOHN SEITZ CLUBHOUSE MANAGER 214224 0 0 0 0 0 4289 0 8226 0 226739 0 0 0 KEVIN BAILEY HEAD PROFESSIONAL 214783 0 0 0 0 0 4236 0 0 0 219019 0 0 0 DANIEL ADAM CINCIS CHEF 207315 0 0 0 0 0 4172 0 1273 0 212760 0 0 0 ISABEL CRUZ CONTROLLER 160142 0 0 0 0 0 2709 0 1354 0 164205 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE LAKESIDE COUNTRY CLUB HAS EQUITY VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE LAKESIDE GOLF CLUB MEMBERS VOTE FOR MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY. BOARD OF DIRECTORS SERVE A 3-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - AS PROVIDED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - CONTROLLER REVIEWS AND RECONCILES TO FINANCIAL STATEMENTS, SIGNED BY THE CHIEF OPERATING OFFICER AND AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB'S PROCEDURE IS TO AVOID MEMBER RELATED TRANSACTIONS. ANY SUCH TRANSACTIONS THAT MAY PRESENT THEMSELVES ARE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF KEY EMPLOYEES IS DOCUMENTED IN WRITTEN EMPLOYMENT CONTRACTS WHICH ARE REVIEWED BY IN-HOUSE LEGAL COUNSEL. THE COMPENSATION LEVEL IS DETEMINED BY COMPENSATION SURVEYS AND THEN APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 NOT AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E REPAIRS & MAINTENANCE 348,780. GOLF COURSE OPERATING EXPENSE 333,232. SECURITY 328,825. ENTERTAINMENT 221,836. MEMBER EXPENSES 159,005. PROPERTY TAXES 156,000. LOCKER ROOM OPERATING EXPENSE 146,864. MISCELLANEOUS EXPENSE 58,089. INCOME TAXES 45,080. PRINTING & STATIONARY 41,224. PRO SHOP OPERATING EXPENSE 27,737. FUEL TAX CREDIT -1,579. FORM 990, PART XI, LINE 9: FUEL TAX CREDIT -1,579.