2025-08-15T09:58:21-05:00 2024-09-30 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2023-10-01 610133710 BIG SPRING COUNTRY CLUB INC BIGS 5024592622 5901 DUTCHMANS LANE LOUISVILLE KY 40205 CLARK RHEA CFO 5024592622 2025-08-15 1 1 EMILIE M KNIERIEM CPA P01330194 5029923500 2025-08-15 2023 2025-03-06 01:10:19Z KELLY MAXWELL 5901 DUTCHMANS LANE LOUISVILLE KY 40205 16086892 0 X WWW.BIGSPRINGCC.COM X 1926 KY THE COUNTRY CLUB PROVIDES A NUMBER OF MEMBER SERVICES INCLUDING GOLF, RACQUET FACILITIES, SWIMMING, FITNESS AND FINE DINING. 11 11 383 11 876147 0 0 0 10260460 10424987 97828 134936 3053928 3168595 13412216 13728518 0 0 0 0 7009676 7569576 0 0 0 5514442 5877571 12524118 13447147 888098 281371 30464103 29680609 11471534 10406669 18992569 19273940 THE COUNTRY CLUB PROVIDES A NUMBER OF MEMBER SERVICES INCLUDING GOLF, RACQUET FACILITIES, SWIMMING, FITNESS AND FINE DINING. 0 0 OPERATION OF THE CLUB HOUSE WHICH INCLUDES THE RESTAURANT FOOD SERVICES AND THE BAR FOR THE RECREATION OF CLUB MEMBERS. OPERATION AND MAINTENANCE OF THE GOLF COURSE AND PRO SHOP FOR THE RECREATION OF THE CLUB MEMBERS. OPERATION AND MAINTENANCE OF THE TENNIS AND SWIM FACILITIES FOR RECREATION 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 38 0 1 383 1 1 1 0 0 0 0 2565989 1252783 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 KY X OFFICE MANAGER 5024592622 5901 DUTCHMANS LANE LOUISVILLE KY 40205 DAVID PARKS PRESIDENT 0.50 X X 0 0 0 DAN OYLER VICE PRESIDENT/SECRETARY 0.50 X X 0 0 0 KEVIN KRAMER VICE PRESIDENT (TERM END 12/23) 0.50 X X 0 0 0 STEVE SAUTEL TREASURER 0.50 X X 0 0 0 SCOTT TOWNSEND SECRETARY (TERM END 12/23) 0.50 X X 0 0 0 TIM COURY DIRECTOR 0.50 X 0 0 0 DOUG KALMEY DIRECTOR (TERM BEG 12/23) 0.50 X 0 0 0 SCOTT BARTON DIRECTOR 0.50 X 0 0 0 SCOTT TRIPLETT DIRECTOR 0.50 X 0 0 0 KAREN WATSON DIRECTOR 0.50 X 0 0 0 BILLY BEAM DIRECTOR (BEG 05/24) 0.50 X 0 0 0 SWAIN BEARD DIRECTOR 0.50 X 0 0 0 GRAHAM SWITZER DIRECTOR (BEG 12/23) 0.50 X 0 0 0 CLINT GLASSCOCK DIRECTOR (END 05/24) 0.50 X 0 0 0 KELVIN MAXWELL GENERAL MANAGER 55.00 X 293477 0 13008 GARY BEBALAAR HEAD GOLF PRO (BIG SPRING) 55.00 X 239572 0 14118 DAVID HAWES GROUNDS SUPERINTENDENT (HARMONY LANDING) 55.00 X 112525 0 4274 ANDY POLE HEAD GOLF PRO (HARMONY LANDING) 55.00 X 143067 0 12133 RAYMOND CARPENTER CLUB HOUSE MANAGER 55.00 X 115097 0 5348 RYAN BAXTER TENNIS PRO (BIG SPRING) 55.00 X 138767 0 5163 1042505 0 54044 8 0 1 0 0 MEMBER DUES, ASSESSMENTS 713910 7845706 7845706 GREENS FEES AND CART RENTAL 713910 1560173 1560173 INITIATION FEES 713910 812890 812890 TENNIS AND SWIMMING 713910 199428 199428 GYM 713910 6790 6790 10424987 134936 134936 5325990 2358374 2967616 2091469 876147 LOCKER ROOM 713910 122312 122312 OTHER INCOME 713910 56566 56566 ENTERTAINMENT 713910 22101 22101 200979 13728518 12717435 876147 134936 293477 6134137 92997 566506 482459 27100 19888 20350 394875 10567 214647 629221 17497 284669 1745388 141909 REPAIRS AND MAINTENANCE 606191 OPERATING SUPPLIES 429516 GOLF COURSE MAINTENANCE 423775 LICENSES AND TAXES 268674 643304 13447147 28180 834244 3968087 2099977 1366719 1543150 714106 725834 43705 52810 39391030 15324943 23856365 24066087 5711 481230 358507 30464103 29680609 990150 898684 504559 533541 9462375 8539378 514450 435066 11471534 10406669 X 18992569 19273940 18992569 19273940 30464103 29680609 281371 0 X 0 1 X 1 0 3261753 3261753 32678686 12721527 19957159 3450591 2603416 847175 24066087 MEMBERS' CERTIFICATES PAYABLE 39350 RIGHT OF USE LIABILITY - FINANCE LEASE 395716 435066 X 16086892 2358374 2358374 13728518 0 13728518 15805521 2358374 2358374 13447147 0 13447147 PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME. THE INTERNAL REVENUE CODE DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. NON-MEMBER USE OF THE CLUB IS CONSIDERED UNRELATED BUSINESS INCOME. THE CLUB INCURRED NO UNRELATED BUSINESS INCOME TAX EXPENSE IN THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CLUB AND RECOGNIZE A TAX LIABILITY IF THE CLUB HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CLUB, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2024 AND 2023, THERE WERE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CLUB HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIOD THROUGH SEPTEMBER 30, 2023. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). NO TAX AUDITS FOR ANY OPEN TAX PERIODS ARE IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,358,374. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,358,374. 0 0 0 KELVIN MAXWELL GENERAL MANAGER 223477 0 70000 0 0 0 7486 0 5522 0 306485 0 0 0 GARY BEBALAAR HEAD GOLF PRO (BIG SPRING) 217572 0 22000 0 0 0 8695 0 5423 0 253690 0 0 0 ANDY POLE HEAD GOLF PRO (HARMONY LANDING) 121067 0 22000 0 0 0 5327 0 6806 0 155200 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB MEMBERSHIP CONSISTS OF THE FOLLOWING NINE CLASSES: REGULAR; INTERMEDIATE REGULAR; JUNIOR REGULAR; INTRODUCTORY JUNIOR LEGACY REGULAR: HOUSE: INTERMEDIATE HOUSE; JUNIOR HOUSE: INTRODUCTORY JUNIOR LEGACY HOUSE; ASSOCIATE MEMBERSHIP; SUPER SENIOR MEMBERSHIP. ONLY REGULAR MEMBERS AND INTERMEDIATE REGULAR MEMBERS MAY VOTE AND HOLD OFFICE AFTER A MINIMUM OF ONE (1) YEAR OF MEMBERSHIP. JUNIOR REGULAR MEMBERS MAY VOTE AND HOLD OFFICE AFTER BEING A MEMBER FOR A MINIMUM OF TWO (2) YEARS AND HAVING MET THE AGE OF THIRTY (30) YEARS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CLUB VOTE AND ELECT MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY, WHO ARE RESPONSIBLE FOR THE MANAGEMENT OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM. THE BOARD OF DIRECTORS RELIES ON THE OFFICERS OF THE CLUB AND THE MANAGEMENT STAFF TO REVIEW AND FILE THE FORM 990 RETURN. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEWS OF THE CLUB GENERAL MANAGER AND KEY EMPLOYEES ARE PERFORMED BY THE BOARD OF DIRECTORS IN DETERMINING COMPENSATION FOR THE GENERAL MANAGERS AND KEY EMPLOYEES. THIS PROCESS IS DOCUMENTED WITHIN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.