2025-08-15T16:41:41-05:00 2024-09-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-10-01 132505943 BRAE BURN COUNTRY CLUB INC BRAE 9147618300 39 BRAE BURN DRIVE PURCHASE NY 10577 WILLIAM P SCHULTZ TREASURER 9147618300 2025-08-08 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2025-03-06 01:10:19Z WILLIAM P SCHULTZ 39 BRAE BURN DRIVE PURCHASE NY 10577 16016762 0 X WWW.BRAEBURNCC.ORG X 1964 NY THE OBJECT OF THE CLUB IS TO PROMOTE SOCIAL ACTIVITIES AMONG THE MEMBERS & TO ENCOURAGE & STIMULATE THE INTEREST IN GOLF & OTHER SPORTS FOR THE ENJOYMENT OF MEMBERS. 11 11 139 11 2074894 80464 0 0 9276093 10306398 230712 287064 3887075 4201605 13393880 14795067 0 0 0 0 6955206 7268728 0 0 0 5349490 5416128 12304696 12684856 1089184 2110211 48919754 51226218 8698192 9399748 40221562 41826470 THE OBJECT OF THE CLUB IS TO PROMOTE SOCIAL ACTIVITIES AMONG THE MEMBERS AND TO ENCOURAGE AND STIMULATE THE INTEREST IN GOLF AND OTHER SPORTS FOR THE ENJOYMENT OF MEMBERS AND THEIR FAMILIES. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 45 0 1 139 1 1 1 0 0 0 0 2156772 2303893 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KEVIN MARKUS CONTROLLER 9147618300 39 BRAE BURN DRIVE PURCHASE NY 10577 X MATTHEW SNYDER PRESIDENT 3.00 X X 0 0 0 DAVID SHERMAN 1ST VICE PRESIDENT 3.00 X X 0 0 0 BERNIE JACOB 2ND VICE PRESIDENT 3.00 X X 0 0 0 MEREDITH KORNREICH SECRETARY 3.00 X X 0 0 0 WILLIAM SCHULTZ TREASURER 3.00 X X 0 0 0 JOSH ADLER GOVERNOR 3.00 X 0 0 0 NEIL E KOZEK GOVERNOR 3.00 X 0 0 0 PETER MORGENSTERN GOVERNOR 3.00 X 0 0 0 AMY SHANUS GOVERNOR 3.00 X 0 0 0 ADAM VICKERS GOVERNOR 3.00 X 0 0 0 AVI AVIDAN GOVERNOR 3.00 X 0 0 0 GARY MERJIAN GARY GENERAL MANAGER-CEO 40.00 X 452308 0 32048 BLAKE HALDERMAN GREENS SUPERINTENDENT 40.00 X 339212 0 66720 THOMAS ISIDORI EXECUTIVE CHEF 40.00 X 256308 0 31224 KEVIN MARKUS CONTROLLER-CFO 40.00 X 166110 0 16023 SETH BALASNY CLUBHOUSE MANAGER 40.00 X 158815 0 18577 DREW BILLARD GOLF PROFESSIONAL 40.00 X 143805 0 9163 CHRISTOPHER PAULINO ASSISTANT GOLF PRO 40.00 X 134341 0 0 1650899 0 173755 9 0 1 0 0 MEMBERSHIP DUES 900099 8149626 8149626 CAPITAL & RENOVATION A 900099 1526772 1526772 INITIATION FEES 900099 630000 630000 10306398 287064 287064 5423300 1221695 4201605 2413775 1787830 14795067 12720173 2074894 0 926466 4854607 143483 845132 499040 30270 17190 436140 563763 958973 254838 299809 UNRELATED BUS. INC. TAX 41744 FOOD & BEV OPERATIONS 974195 GOLF COURSE OPERATIONS 875464 CLUBHOUSE & ENTERTAINME 781790 181952 12684856 2778 9356 4310596 4489544 550514 872989 92046 117495 181394 219824 44529751 42622313 44529751 1160113 987259 48919754 51226218 1114693 1651802 7279208 7425147 304291 322799 8698192 9399748 X 40221562 41826470 40221562 41826470 48919754 51226218 X 2110211 -505303 X 0 1 X 1 0 621862 621862 9326076 9326076 11804851 11804851 11651599 11651599 11125363 11125363 44529751 CHARITY FUND 174664 DEFERRED COMPENSATION 108535 CERTIFICATES OF INDEBTEDNESS 39600 322799 16016762 1221695 1221695 14795067 0 14795067 14411854 1726998 1726998 12684856 0 12684856 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,221,695. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,221,695. INTEREST RATE SWAP ADJUSTMENT 505,303. X X 1 1 X X X 0 0 0 GARY MERJIAN GARY GENERAL MANAGER-CEO 392308 0 60000 0 0 0 0 0 32048 0 484356 0 0 0 BLAKE HALDERMAN GREENS SUPERINTENDENT 325012 0 14200 0 0 0 27653 0 39067 0 405932 0 0 0 THOMAS ISIDORI EXECUTIVE CHEF 226308 0 30000 0 0 0 0 0 31224 0 287532 0 0 0 KEVIN MARKUS CONTROLLER-CFO 150610 0 15500 0 0 0 0 0 16023 0 182133 0 0 0 SETH BALASNY CLUBHOUSE MANAGER 147815 0 11000 0 0 0 0 0 18577 0 177392 0 0 0 DREW BILLARD GOLF PROFESSIONAL 133805 0 10000 0 0 0 0 0 9163 0 152968 0 0 0 PART I, LINE 1A PER THEIR CONTRACTS SOME OF THE MANAGERS INCLUDING THE CEO HAVE EXPENSE ACCOUNTS FOR CLUB RELATED PURCHASES. MEMBERSHIP TO THE CMAA AND OTHER SIMILAR ORGANIZATIONS ARE COVERED BY THE CLUB. FORM 990, PART VI, SECTION A, LINE 6 THE BRAE BURN COUNTRY CLUB, INC. (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A IT IS THE DUTY OF THE NOMINATING COMMITTEE TO DESIGNATE ONE NOMINEE FOR EACH BOARD MEMBER TO WHOSE TERM IS EXPIRING. THE CHAIR PROVIDES THE LIST OF NOMINEES TO THE SECRETARY WHO MAILS SLATE TO EACH VOTING MEMBER. RETURNED BALLOTS MUST BE RECEIVED 2 DAYS BEFORE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY SINGLE CAPITAL EXPENDITURE FOR MORE THAN $100,000 REQUIRES THE APPROVAL OF MAJORITY OF VOTES CAST IN PERSON OR BY MAIL. 2/3 MEMBERSHIP MUST APPROVE ANY SALE OF REAL PROPERTY IN EXCESS OF $5,000. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY AN OFFICER OF THE CLUB PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR THE BOARD OF GOVERNORS IS GIVEN THE CONFLICT OF INTEREST FORM TO READ, ANSWER AND SIGN. FORM 990, PART VI, SECTION B, LINE 15 SUB-COMMITTEE ("SEARCH COMMITTEE") WAS FORMED AND WORKS IN CONJUNCTION WITH A PROFESSIONAL RECRUITER IN THE HOSPITALITY INDUSTRY AND POLLS OTHER CLUBS TO DETERMINE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP ADJUSTMENT -505,303. BBCC HOLDINGS LLC 39 BRAE BURN DRIVE PURCHASE NY 10577 810949777 HOLDING CO. NY 0 0 THE CLUB