2025-11-10T10:33:13-06:00 2024-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-01-01 592607344 JOHN'S ISLAND CLUB INC JOHN 7722311700 3 JOHNS ISLAND DR INDIAN RIVER SHORES FL 329633234 RICHARD DEWOLFE PRESIDENT 7722311700 2025-11-04 1 0 CHRISTOPHER CECIL P01877773 5616971785 2025-11-04 2024 2025-03-06 01:10:19Z DAVID COLCLOUGH 3 JOHNS ISLAND DR INDIAN RIVER SHORES FL 329633234 63992893 0 X WWW.JOHNSISLANDCLUB.ORG X 1985 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 14 14 808 51 3698638 1182213 0 0 38784051 44451450 -80569 1128178 11971725 11017162 50675207 56596790 0 0 0 0 31258849 32025036 0 0 0 28121659 30799382 59380508 62824418 -8705301 -6227628 136773665 149352679 33022097 34764231 103751568 114588448 JOHN'S ISLAND CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDES GOLF, TENNIS, BEACH, AND SOCIAL CLUB RECREATION TO APPROXIMATELY 1,394 MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 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 82 0 1 808 1 1 1 0 0 0 1 1 0 3690760 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KATHY NELSON 7722311700 3 JOHNS ISLAND DR INDIAN RIVER SHORES FL 329633234 RICHARD D DEWOLFE PRESIDENT 1.00 X X 0 0 0 KATHRYN L HARRIS VICE PRESIDENT 1.00 X X 0 0 0 LOUISE P HOBLITZELL VICE PRESIDENT 1.00 X X 0 0 0 JOSEPH B TYSON JR SECRETARY 1.00 X X 0 0 0 RIORDAN B SMITH TREASURER 1.00 X X 0 0 0 GEORGIA Y DAVALA DIRECTOR 1.00 X 0 0 0 THOMAS P JOYCE DIRECTOR 1.00 X 0 0 0 VIRGINIA H KENT DIRECTOR 1.00 X 0 0 0 ALAN B LEAHEY DIRECTOR 1.00 X 0 0 0 TAYLOR METCALFE DIRECTOR (THROUGH 3/24) 1.00 X 0 0 0 TERRY NOLAN DIRECTOR (THROUGH 3/24) 1.00 X 0 0 0 EMILY SHERWOOD DIRECTOR 1.00 X 0 0 0 ROBERT D WILLIAMS DIRECTOR 1.00 X 0 0 0 STEPHEN T WILLIAMS DIRECTOR 1.00 X 0 0 0 KATHRYN NELSON CFO 67.00 X 305686 0 41050 DAVID COLCLOUGH GENERAL MANAGER 67.00 X 769930 0 63924 AUSTIN PETTIT ASSISTANT GENERAL MANAGER 67.00 X 190352 0 13796 REX WILSON DIRECTOR FACILITIES 67.00 X 269141 0 47669 LENNART JONASON DIRECTOR OF TENNIS 67.00 X 388733 0 46985 ANTHONY COLE EXECUTIVE CHEF 67.00 X 380725 0 46779 STEPHEN HUDSON DIRECTOR OF GOLF 67.00 X 328491 0 64760 MICHAEL SCOTT GOLF COURSE MAINTENANCE DIRECTOR 67.00 X 528628 0 27547 KERRI MURPHY DIRECTOR OF PEOPLE AND CULTURE 67.00 X 206382 0 27821 BRIAN KROH FORMER GENERAL MANAGER 67.00 X 207504 0 11089 3575572 0 391420 21 1 1 0 BARNETT MANAGEMENT PO BOX 823473 PHILADELPHIA PA 18182 LABOR SERVICES 1017702 TEE OFF TEMPS PO BOX 7971 CAROL STREAM IL 60197 LABOR SERVICES 606265 GRIMES HEATING & AIR 3054 NORTH US HWY 1 FORT PIERCE FL 34946 REPAIR & INSTALLATION SERVICES 497961 PEACOCK AND LEWIS 1295 US HWY ONE NORTH PALM BEACH FL 33408 ARCHITECT SERIVCES 456620 TIDELINE STAFFING PO BOX 823461 PHILADELPHIA PA 19182 LABOR SERVICES 209023 16 MEMBERSHIP DUES 713910 37108227 37108227 GOLF REVENUE 713910 3292830 2886837 405993 FITNESS REVENUE 713910 2906563 2773800 132763 TENNIS REVENUE 713910 1020366 913020 107346 FOOD/BEV MINIMUM 713910 123464 123464 44451450 1185582 1185582 1103233 1048025 55208 55208 55208 11853 69257 -57404 -57404 -57404 15279307 6278821 9000486 7188740 1811746 INSURANCE PROCEEDS 713910 1175152 1175152 OTHER INCOME 713910 523765 523765 MEMBER FINANCING 713910 262551 262551 1961468 56596790 51780404 3698638 1117748 X 25344942 1010385 5669709 48942 9648034 NORTH, SOUTH, & WEST CO 5762772 REAL ESTATE TAXES & INS 4252836 FOOD & BEVERAGE 2661255 FITNESS CENTER 1749635 6675908 62824418 19780895 15530150 4793803 4562733 1347921 1347288 2697955 3714252 204146467 99285220 97135418 104861247 6016703 13192285 5000970 6144724 136773665 149352679 8514959 9871690 24507138 24892541 33022097 34764231 X 103751568 114588448 103751568 114588448 136773665 149352679 X -6227628 17064506 X X 0 1 X 1 0 40388701 40388701 82133532 54222143 27911389 39323795 24831423 14492372 42300439 20231654 22068785 104861247 US TREASURY BILLS 13192285 F 13192285 DUES PAID IN ADVANCE 18947268 DEFERRED COMPENSATION PAYABLE 3194669 LONG-TERM LEASE LIABILITY FOR OPERATING LEASES 942670 LONG-TERM LEASE LIABILITY FOR FINANCE LEASES 1807934 24892541 X 63833948 0 63833948 -7237158 -7237158 56596790 70151264 7326846 7326846 62824418 0 62824418 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENT TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -6,278,821. INTEREST INCOME FROM DEF COMP & PENSION PLAN 89,688. RENTAL EXPENSE -1,048,025. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 6,278,821. RENTAL EXPENSE 1,048,025. X 1 1 X X X 0 0 0 DAVID COLCLOUGH GENERAL MANAGER 583830 0 150000 0 36100 0 32550 0 31374 0 833854 0 0 0 MICHAEL SCOTT GOLF COURSE MAINTENANCE DIRECTOR 401371 0 117000 0 10257 0 17250 0 10297 0 556175 0 0 0 LENNART JONASON DIRECTOR OF TENNIS 359972 0 10000 0 18761 0 17250 0 29735 0 435718 0 0 0 ANTHONY COLE EXECUTIVE CHEF 302271 0 60000 0 18454 0 17250 0 29529 0 427504 0 0 0 STEPHEN HUDSON DIRECTOR OF GOLF 247660 0 65000 0 15831 0 34564 0 30196 0 393251 0 0 0 KATHRYN NELSON CFO 219422 0 70000 0 16264 0 20901 0 20149 0 346736 0 0 0 REX WILSON DIRECTOR FACILITIES 208298 0 40000 0 20843 0 25881 0 21788 0 316810 0 0 0 KERRI MURPHY DIRECTOR OF PEOPLE AND CULTURE 151444 0 40000 0 14938 0 10298 0 17523 0 234203 0 0 0 BRIAN KROH FORMER GENERAL MANAGER 107367 0 100000 0 137 0 10748 0 341 0 218593 0 0 0 AUSTIN PETTIT ASSISTANT GENERAL MANAGER 169902 0 0 0 20450 0 0 0 13796 0 204148 0 0 0 PART I, LINE 1A KEY PERSONNEL MAY ELECT TO RECEIVE A GYM MEMBERSHIP, UPON APPROVAL BY THE GENERAL MANAGER, AS A TAXABLE BENEFIT. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING EQUITY MEMBER CATEGORIES HAVE VOTING PRIVILEGES: MEMBER AND SOCIAL. MEMBERS HAVE A DOUBLE WEIGHTED VOTE. FORM 990, PART VI, SECTION A, LINE 7B CAPITAL ASSESSMENTS AND BY-LAW CHANGES ARE SUBJECT TO MEMBER APPROVAL. BY LAW CHANGES REQUIRES MAJORITY VOTE AFTER QUORUM. CAPITAL ASSESSMENTS REQUIRE 66.6% APPROVAL FOLLOWING QUORUM. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CFO, THE TREASURER AND/OR THE PRESIDENT. THESE INDIVIDUALS REVIEW THE FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. STATED AT THE FOLLOWING BOARD MEETING IS THE PREPARATION, REVIEW AND FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL RESPONSIBLE PARTIES SHALL ACT SOLELY IN THE INTEREST OF THE CLUB WITHOUT REGARD FOR HIS/HER OWN FINANCIAL INTERESTS. ON DISCOVERY OF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE RESPONSIBLE PARTY MUST DISCLOSE FACTS TO THE BOARD. AFTER DISCLOSURE, THE INTERESTED PARTY MUST LEAVE THE BOARD ROOM. CHAIRPERSON SHALL APPOINT PERSON TO INVESTIGATE ONE ALTERNATIVE TO THE PROPOSED TRANSACTION IN QUESTION. AFTER REVIEW OF ALTERNATIVE OPTION (IF AVAILABLE), THE BOARD SHALL DETERMINE BY MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CLUB'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD MEETS ANNUALLY TO DETERMINE THE COMPENSATION FOR MANAGEMENT AND KEY EMPLOYEES. COMPENSATION STUDIES, INDUSTRY STUDIES, AND EMPLOYMENT CONTRACT AGREEMENTS ARE USED IN THE DETERMINATION AND DOCUMENTATION OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR INSPECTION ON THE CLUB'S PREMISES. THE FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 24E OTHER GOLF OPERATIONS 1,460,713. GENERAL MAINTENANCE 1,429,575. G&A 1,397,058. TENNIS 972,787. OTHER MEMBER ACTIVITIES 704,553. OTHER EXPENSES 599,410. GOLF PRO SHOP 78,875. MEMBER DEVELOPMENT 32,937. FORM 990, PART XI, LINE 9: MEMBERSHIP TRANSFER FEES 1,717,250. CAPITAL RETAINAGE 11,004,000. INTEREST INCOME FROM DEFERRED COMP PLAN NOT INCLUDED IN FINANCIAL STMTS -89,688. CAPITAL ASSESSMENT 4,432,944. FORM 990, PART VII, LINE 2C NO CHANGE FROM PRIOR YEAR.