2025-02-06T08:39:44-06:00 2024-10-31 570292726 MCGREGOR AND COMPANY LLP POST OFFICE BOX 135 COLUMBIA SC 29202 990 2023-11-01 570164525 FOREST LAKE CLUB FORE 8037872177 PO BOX 6806 COLUMBIA SC 29260 BARBARA JACKSON SECRETARY/TREASURER 8037872177 2025-01-28 1 0 JAMES R MATTHEWS CPA P01235224 8037870003 2025-01-28 2023 2025-03-06 01:10:19Z BARBARA JACKSON PO BOX 6806 COLUMBIA SC 29260 13839780 0 X N/A X 1926 SC THE ORGANIZATION'S EXEMPT PURPOSE IS TO ESTABLISH AND MAINTAIN CLUB FACILITIES FOR ITS MEMBERS AND GUESTS. 8 8 301 0 80923 96805 6016227 7237805 4776053 5093613 88201 80923 1069585 1427439 11950066 13839780 0 0 0 0 5293199 5844484 0 0 0 5963766 6394754 11256965 12239238 693101 1600542 18186546 18978014 5630300 4916476 12556246 14061538 THE ORGANIZATION'S PURPOSE IS TO ESTABLISH AND MAINTAIN EXCELLENT CLUB FACILITIES FOR ITS MEMBERS AND GUESTS. 0 0 4892212 TO PROVIDE THE CLUB'S MEMBERS AND THEIR GUESTS WITH AN EXCELLENT DINING EXPERIENCE. THE CLUB'S DINING REVENUE IS SUPPORTED BY THE MEALS SERVED IN THE DINING ROOM, SPECIAL EVENTS, THE BAR AND GRILL. THE CLUB SERVES LUNCH AND DINNER EVERY DAY OF THE WEEK, EXCEPT MONDAY AND HAS SUNDAY BRUNCH EACH WEEK. IN ADDITION, THE CLUB HOLDS SPECIAL EVENTS THROUGHOUT THE YEAR SUCH AS BANQUETS AND WEDDINGS. THE CLUB ALSO HAS A BAR AND GRILL TO SERVE ITS MEMBERS AND GUESTS WHILE PLAYING A ROUND OF GOLF. 4526759 TO PROVIDE THE CLUB'S MEMBERS AND THEIR GUESTS AN ENJOYABLE GOLFING, TENNIS AND SWIMMING EXPERIENCE. THE CLUB'S GOLF REVENUE IS SUPPORTED MOSTLY BY CART FEES AND GREEN FEES CHARGED TO MEMBERS AND THEIR GUESTS FOR ROUNDS OF GOLF PLAYED DURING THE YEAR. THE CLUB'S TENNIS AND SWIMMING REVENUE IS SUPPORTED BY MERCHANDISE SALES AND GUEST FEES TO USE THE FACILITIES. 9418971 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 1 51 0 1 301 1 1 1 0 0 0 0 2947083 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 SC X BARBARA JACKSON 8037872177 PO BOX 6806 COLUMBIA SC 29206 X J LYLES GLENN IV BOARD MEMBER 0.00 X 0 0 0 CULVER P CHOATE JR BOARD MEMBER 0.00 X 0 0 0 JOSEPH PATRICK MCKAIN BOARD MEMBER 0.00 X 0 0 0 WILLIAM P MCELVEEN JR BOARD MEMBER 0.00 X 0 0 0 A TYLER COLPINI BOARD MEMBER 0.00 X 0 0 0 WALTER M KEENAN JR BOARD MEMBER 0.00 X 0 0 0 THOMAS COLLINS PRESIDENT 0.00 X 0 0 0 PETER G FAWCETT VICE PRESIDENT 0.00 X 0 0 0 JACOB CYR GM/COO 40.00 X 226192 0 0 226192 0 0 1 0 1 0 0 7237805 7237805 DINING ROOM,BAR,SNACK 713910 2641614 2641614 GOLF, TENNIS, POOL 713910 1413881 1413881 LAKESIDE GRILLE 713910 1038118 1038118 5093613 80923 80923 SPECIAL ASSESSMENTS 713910 1284183 1284183 OTHER 713910 143256 143256 1427439 13839780 6521052 80923 0 X 5058177 80875 284781 420651 1960 60188 99345 25455 116918 1165684 216997 INCOME TAXES 29587 COST OF SALES 1782864 REPAIRS & MAINTENANCE 1000403 STATIONARY, SUPPLIES, D 401098 1494255 12239238 2515438 2442496 526366 764057 269434 270261 278772 315866 45723 130338 29013760 15080396 13667185 13933364 883628 1121632 18186546 18978014 937575 764889 3809097 3029955 883628 1121632 5630300 4916476 X 132000 132750 1899500 1803500 10524746 12125288 12556246 14061538 18186546 18978014 X 1600542 -95250 X X 0 1 X 1 0 625125 625125 15074526 8659460 6415066 9514124 3645879 5868245 3799985 2775057 1024928 13933364 DEFERRED COMPENSATION 397905 RIGHT OF USE ASSETS 723727 1121632 DEFERRED COMPENSATION PAYABLE 397905 LEASE OBLIGATIONS 723727 1121632 X 12555597 0 12555597 1284183 1284183 13839780 12239238 0 12239238 0 12239238 PART X, LINE 2: THE CLUB IS NOT CURRENTLY UNDERGOING EXAMINATION OF ANY PREVIOUSLY FILED TAX RETURNS; HOWEVER, THE RETURNS FILED FOR THE MOST RECENT 3 YEARS REMAIN AVAILABLE FOR EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS IN THE RETURNS WHICH HAVE LESS THAN A 50% CHANCE OF BEING AFFIRMED UNDER EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL ASSESSMENTS GAIN ON SALE OF CAPITAL ASSETS PART X, LINE 25 PART X, LINE 25: OTHER LIABILITIES CONSIST OF DEFERRED COMPENSATION IN THE AMOUNT OF $397,905. 0 0 0 JACOB CYR GM/COO 197692 0 28500 0 0 0 0 0 0 0 226192 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB CONSISTS OF 1,156 MEMBERS THAT UTILIZE THE CLUB'S FACILITIES. FORM 990, PART VI, SECTION A, LINE 7A THE CLUB HAS 1,156 TOTAL MEMBERS, OF WHICH 680 ARE VOTING MEMBERS AND HAVE THE RIGHT TO ELECT A GOVERNING BODY EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS MADE BY THE GOVERNING BODY ARE CONTINGENT UPON APPROVAL BY THE VOTING MEMBERS OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF INFORMATION RETURN WAS PROVIDED TO BOARD MEMBERS BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO MEMBERS UPON REQUEST. ALSO, THE CLUB HOLDS AN ANNUAL MEETING EACH YEAR TO PROVIDE THE CLUB'S FINANCIAL STATEMENTS TO ITS MEMBERS. FORM 990, PART IX, LINE 24E UTILITIES 355,620. TAXES & LICENSES 252,432. TOURNAMENT EXPENSES, PRIZES & AWARDS 202,585. LINEN, LAUNDRY & UNIFORMS 140,109. DATA PROCESSING 132,934. POOL MANAGEMENT 86,948. CONTRACT LABOR 69,815. GOLF CART EXPENSE 58,445. CLUB PARTIES 50,852. SUBSCRIPTIONS, SEMINARS, ETC 31,179. MUSIC 28,221. MISCELLANEOUS EXPENSE 27,715. COMMITTEE EXPENSE 25,956. SERVER/BARTENDER CHARGES 20,623. LAKE PRIVILEGES 6,271. TRANSPORTATION 4,550. FORM 990, PART XI, LINE 9: NET PROCEEDS (REPURCHASE) OF CAPITAL STOCK 750. REDEMPTION OF CAPITAL IMPROVEMENT CERTIFICATES -96,000. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE MADE TO PROCESS FROM THE PRIOR YEAR. FOREST LAKE COMPANY INC PO BOX 6806 COLUMBIA SC 29260 576025505 SC 501(C) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0