2025-01-15T15:11:22-06:00 2024-02-29 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2023-03-01 940484930 FRANCISCA CLUB FRAN 4157811200 595 SUTTER STREET SAN FRANCISCO CA 94102 SUSAN MUMFORD PRESIDENT 4157811200 2025-01-15 1 1 KERRI RAWCLIFFE P01398485 4016216200 2025-01-15 2023 2024-10-15 13:58:12Z SUSAN MUMFORD 595 SUTTER STREET SAN FRANCISCO CA 94102 1732839 0 X WWW.FRANCISCACLUB.COM X 1905 CA THE ORGANIZATION'S ACTIVITIES ARE CONDUCTED AND OPERATED SUBSTANTIALLY FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE ORGANIZATION ARE RELATED TO THE PURPOSE OF SOCIAL AND RECREATIONAL BENEFITS. 15 15 37 15 11902 0 125325 96873 1184831 1274930 726 1728 -420955 -588530 889927 785001 0 0 0 0 605042 639579 0 0 0 441466 667362 1046508 1306941 -156581 -521940 2312791 1814616 482300 506065 1830491 1308551 THE ORGANIZATION'S ACTIVITIES ARE CONDUCTED AND OPERATED SUBSTANTIALLY FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE ORGANIZATION ARE RELATED TO THE PURPOSE OF SOCIAL AND RECREATIONAL BENEFITS. 0 0 SOCIAL AND RECREATIONAL PROGRAMS 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 0 0 1 37 1 1 1 0 0 0 0 136400 10174 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CONSTANCE SEVIER TREASURER 4157811200 595 SUTTER STREET SAN FRANCISCO CA 94102 X MRS SUSAN MUMFORD PRESIDENT 6.00 X X 0 0 0 MRS DANICE NOBLE FIRST VICE PRESIDENT 2.00 X X 0 0 0 MS MOLLY ASHFORD SECOND VICE PRESIDENT 2.00 X X 0 0 0 MRS CONSTANCE SEVIER TREASURER 4.00 X X 0 0 0 MRS ANNE WOODS CORRESPONDING SECRETARY 2.00 X X 0 0 0 MRS LINDSEY MEYERSIECK RECORDING SECRETARY 1.00 X X 0 0 0 MRS HILLARY STONEY DIRECTOR 1.00 X 0 0 0 MRS MELISSA BARBER DIRECTOR 1.00 X 0 0 0 MRS DIANA FRANCIS DIRECTOR 1.00 X 0 0 0 MRS MARGARET HEAFEY DIRECTOR 1.00 X 0 0 0 MRS PAM MCBAIN DIRECTOR 1.00 X 0 0 0 MRS KIRSTEN MCCARTHY DIRECTOR 1.00 X 0 0 0 MRS KATHERINE HORN DIRECTOR 1.00 X 0 0 0 MS NADEEN ROSEBROOK DIRECTOR 1.00 X 0 0 0 MRS JANE WISER DIRECTOR 1.00 X 0 0 0 DREW GYORKE CHEF 40.00 X 118392 0 5016 NANCY DUNN MANAGER 40.00 X 112152 0 9600 230544 0 14616 2 0 0 0 0 96873 96873 MEMBERSHIP DUES AND MI 713910 1092818 1092818 INITIATION FEES 713910 136400 136400 PROGRAM INCOME 713910 23693 23693 ROOM REVENUE 713910 22019 11845 10174 1274930 1728 1728 313009 947838 -634829 -634829 MISCELLANEOUS 713910 46299 46299 46299 785001 676226 11902 0 569587 41644 28348 15922 9708 61458 22874 76187 112 86160 47468 PROPERTY & OTHER TAXES 184992 MISC. EXPENSE 51910 REPAIRS & MAINTENANCE 37443 LAUNDRY 26318 46810 1306941 428081 -186638 238180 433159 28635 71091 25451 17785 3141800 1790267 1424758 1351533 167686 127686 2312791 1814616 271214 360427 211086 145638 482300 506065 X 1687278 1165338 143213 143213 1830491 1308551 2312791 1814616 -521940 0 X X 0 0 0 75000 75000 2664556 1484690 1179866 391409 294839 96570 10835 10738 97 1351533 X PART V, LINE 4: ENDOWMENT FUNDS ARE SET ASIDE FOR CLUBHOUSE IMPROVEMENTS AND EMPLOYEE HOLIDAY DISTRIBUTION. PART X, LINE 2: THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA FRANCHISE TAX BOARD HAVE DETERMINED THE CLUB IS QUALIFIED AS TAX EXEMPT UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND SECTION 23701G OF THE CALIFORNIA REVENUE AND TAX CODE, RESPECTIVELY. AS A RESULT, THE CLUB IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON MEMBER-RELATED BUSINESS. THE CLUB IS SUBJECT TO FEDERAL AND STATE INCOME TAXES WITH RESPECT TO ANY TAXABLE UNRELATED BUSINESS INCOME. X 1 1 X X 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS PURCHASE MEMBERSHIP FROM THE CLUB AND DUES ARE CHARGED MONTHLY FOR CONTINUED MEMBERSHIPS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING RIGHTS: RESIDENT MEMBERS AND HONORARY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON THE SLATE OF PROPOSED OFFICERS AND CHANGES IN BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B WHEN THE FORM 990 RETURN IS COMPLETED, THE COMPTROLLER AND CLUB GENERAL MANAGER REVIEW THE RETURN, COMPARING IT TO THE FINANCIAL STATEMENTS FOR ACCURACY. THE FORM 990 IS MADE AVAILABLE TO THE FINANCE CHAIR FOR REVIEW. THE RETURN IS PROVIDED TO THE CLUB PRESIDENT FOR FINAL REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FORM ARE DISTRIBUTED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ON AN ANNUAL BASIS FOR THEIR SIGNATURE TO PROVE THAT THEY HAVE RECEIVED, READ AND UNDERSTAND THE CONTENT OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE AND BOARD OF DIRECTORS REVIEW THE COMPENSATION PACKAGES OF THE ASSOCIATION'S KEY EMPLOYEES. THE PERSONNEL COMMITTEE AND BOARD OF DIRECTORS ALSO REVIEWS THE COMPENSATION PACKAGES FOR THE ASSOCIATION'S OTHER EMPLOYEES BASED ON RECOMMENDATIONS FROM THE GENERAL MANAGER. WHEN DETERMINING COMPENSATION, COMPARATIVE COMPENSATION PACKAGES FROM OTHER CLUBS ARE USED. THE PERSONNEL COMMITTEE REVIEWS AND DISCUSSES ACCOMPLISHMENTS AND OVERALL PERFORMANCE OF PRIOR YEAR IN DETERMINING RAISES AND BONUSES. THE ASSOCIATION DOES NOT COMPENSATE ITS OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XII, LINE 2C: THE ASSOCIATION'S BOARD OF DIRECTORS HAS DIRECT OVERSIGHT AND RESPONSIBILITY FOR THE SELECTION OF ITS OUTSIDE CPA, AS WELL AS ITS ANNUAL FINANCIAL STATEMENT AUDIT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.