2025-02-10T07:38:49-06:00 2024-09-30 341463411 BARNES WENDLING CPAS INC 1350 EUCLID AVE SUITE 1400 CLEVELAND OH 441151830 990 2023-10-01 341037302 THE CLEVELAND RACQUET CLUB INC CLEV 2168312155 29825 CHAGRIN BOULEVARD PEPPER PIKE OH 44124 DAN BERGRIN TREASURER 2168312155 2025-01-27 1 1 LAURIE A GATTEN CPA P01399120 2165669000 2025-01-27 2023 2025-03-06 01:10:19Z DAN BERGRIN 29825 CHAGRIN BOULEVARD PEPPER PIKE OH 44124 7768562 0 X WWW.CLEVELANDRACQUET.COM X 1964 OH THE CLUB'S MAIN OBJECTIVE IS TO PROMOTE GREATER INTEREST IN RACQUET SPORTS. 12 12 157 12 10843 0 0 0 6051798 6748084 -31353 -21392 444543 509695 6464988 7236387 0 0 0 0 3410325 4142646 0 0 0 2031383 2289035 5441708 6431681 1023280 804706 5742296 6281320 2384416 2223328 3357880 4057992 THE CLEVELAND RACQUET CLUB, INC. (THE CLUB) WAS ESTABLISHED IN 1964. THE CLUB'S MAIN OBJECTIVE IS TO PROMOTE GREATER INTEREST IN RACQUET SPORTS, THE CREATION OF NEW ASSOCIATIONS, FAMILY ENJOYMENT, AND THE DEVELOPMENT OF BETTER RACQUET SKILL AND COMPETITIVE PLAY. 0 0 6224325 PROMOTING RACQUET SPORTS AND PROVIDING FAMILIES AND GUESTS WITH QUALITY FACILITIES FOR RACQUET BALL SPORTS AND FAMILY ENJOYMENT. AT SEPTEMBER 30, 2024, THE CLUB HAD 676 ACTIVE MEMBERS. 6224325 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 1 30 0 1 157 1 1 1 0 0 0 0 501781 24450 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X DAN BERGRIN 2168312155 29825 CHAGRIN BLVD PEPPER PIKE OH 44124 X JENNY PETERMAN TRUSTEE 1.00 X 0 0 0 JENN WRUBEL TRUSTEE 1.00 X 0 0 0 DAVE WOLFE TRUSTEE 1.00 X 0 0 0 STEVE TAMARKIN TRUSTEE 1.00 X 0 0 0 JEAN KOEHLER TRUSTEE 1.00 X 0 0 0 DAN BERGRIN TREASURER 1.00 X X 0 0 0 RICHARD GOODBAN TRUSTEE 1.00 X 0 0 0 LEN KOMOROSKI TRUSTEE 1.00 X 0 0 0 COLLEEN MIKLUS TRUSTEE 1.00 X 0 0 0 JON OUTCALT PRESIDENT 1.00 X 0 0 0 BRUCE BAUM VICE PRESIDENT 1.00 X 0 0 0 ELLEN SCHMIDT SECRETARY 1.00 X 0 0 0 MIKE BUETTNER DIRECTOR OF FACILITIES 40.00 X 133269 0 0 133269 0 0 2 0 0 0 TROY BUDGEN 17616 MERRY OAKS TRAIL CHAGRIN FALLS OH 44023 DIRECTOR OF TENNIS 158711 1 MEMBERSHIP DUES 713940 4945268 4945268 PROGRAM SERVICES 713940 1802816 1798348 4468 6748084 33773 33773 55165 -55165 -55165 -55165 986705 477010 509695 503320 6375 7236387 7225544 10843 0 281827 3860819 69534 121626 377417 71511 704683 300996 SUPPLIES 298629 MISCELLANEOUS EXPENSE 174010 REPAIRS AND MAINTENANCE 170629 6431681 1183367 1521631 227825 309677 77594 68290 25675 27787 11942913 7688942 4023277 4253971 204558 99964 5742296 6281320 534703 488349 5159 1844554 1734979 2384416 2223328 X 3357880 4057992 3357880 4057992 5742296 6281320 804706 -104594 0 X X 0 1 X 1 0 154562 154562 4263479 3031270 1232209 5556387 2790399 2765988 1954350 1853138 101212 14135 14135 0 4253971 X PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE CLUB EARNS UNRELATED BUSINESS INCOME ON ITS NONMEMBER INCOME AND REPORTED NO UNRELATED BUSINESS INCOME TAX LIABILITY FOR THE YEARS ENDED SEPTEMBER 30, 2024 DUE TO A NET OPERATING LOSS CARRYOVER AND SEPTEMBER 30, 2023 AS EXPENSES EXCEEDED REVENUES. THE CLUB EVALUATES AT EACH BALANCE SHEET DATE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, TO DETERMINE THE NEED TO RECORD LIABILITIES FOR TAXES, PENALTIES, AND INTEREST. THE CLUB'S POLICY IS TO RECORD INTEREST AND PENALTIES ON UNCERTAIN TAX PROVISIONS AS INCOME TAX EXPENSE. AS OF SEPTEMBER 30, 2024 AND 2023, THE CLUB HAD NO ACCRUED TAXES, INTEREST, OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ABLE TO VOTE AT THE ANNUAL MEETING IF THEY ARE IN ATTENDANCE. FIFTEEN DAYS PRIOR TO THE ANNUAL MEETING MEMBERS ARE PROVIDED THE NAMES OF THE BOARD MEMBERS TO BE ELECTED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. UPON APPROVAL THE FORM IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL INTERESTS ARE DISCLOSED WHEN MEMBERS ARE NEWLY ELECTED. THE POLICY IS MONITORED ANNUALLY AND DISCLOSED DURING ELECTION OF NEW TERM. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL REVIEW AND APPROVAL OF COMPENSATION IS PERFORMED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. COMPENSATION IS EVALUATED AGAINST INDUSTRY ASSOCIATION DATA - CLUB MANAGERS ASSOCIATION OF AMERICA. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. BOARD MINUTES AND ANNUAL REPORTS ARE DISTRIBUTED TO MEMBERS. FORM 990, PART XI, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT REGARDING THE REVIEW OF THE FINANCIAL STATEMENTS OF THE CLUB AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.