2025-02-17T12:55:14-06:00 2024-03-31 994625061 CRI ADVISORS LLC 3850 N CAUSEWAY BLVD 1400 METAIRIE LA 70002 990 2023-04-01 720272755 NEW ORLEANS LAWN TENNIS CLUB NEWO 5048991572 5353 LAUREL STREET NEW ORLEANS LA 70115 ROBERT RIZZUTO GENERAL MANAGER 5048991572 2025-02-13 1 0 MELISSA Y DUHON CPA P01336607 5048379116 2023 2025-03-06 01:10:19Z ROBERT RIZZUTO 5353 LAUREL STREET NEW ORLEANS LA 70115 4014471 0 X N/A X 1951 LA TO PROVIDE AND MAINTAIN TENNIS FACILITIES FOR APPROXIMATELY 816 MEMBERS. 11 11 64 0 0 31188 0 0 2770581 2666378 0 32988 418295 403564 3188876 3102930 0 0 0 0 1159509 1222994 0 0 0 1819588 1878823 2979097 3101817 209779 1113 18733397 18511123 13475247 13262512 5258150 5248611 MAINTAIN A FACILITY FOR THE ADVANCEMENT AND ENCOURAGEMENT OF THE GAME OF "LAWN TENNIS" TO FOSTER REGIONAL, NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION. 0 0 PROVIDE AND MAINTAIN TENNIS FACILITIES FOR APPROXIMATELY 810 MEMBERS. 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 0 0 0 1 15 0 1 64 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 0 0 1 1 0 X X PATRICK J GROS CPA 9858983512 651 RIVER HIGHLAND BLVD COVINGTON LA 70433 X CLAUDE WILLIAMS BOARD MEMBER 0.50 X 0 0 0 ELIZABETH BRINSON PRESIDENT 2.00 X X 0 0 0 BENJAMIN WARD BOARD MEMBER 0.50 X 0 0 0 JOHN JEREMIAH VICE PRESIDENT 2.00 X X 0 0 0 LEO CONGENI SECRETARY 2.00 X X 0 0 0 MEREDITH MONTGOMERY BOARD MEMBER 0.50 X 0 0 0 MICHAEL J MCNULTY III TREASURER 2.00 X X 0 0 0 PATRICK SUMMEROUR BOARD MEMBER 0.50 X 0 0 0 S PARKERSON MCENERY BOARD MEMBER 0.50 X 0 0 0 WILLIAM WOLF BOARD MEMBER 0.50 X 0 0 0 DAVID KERNEY BOARD MEMBER 0.50 X 0 0 0 JASON HAZLEY TENNIS DIRECTOR 40.00 X 200324 0 23852 ROBERT J RIZZUTO GENERAL MANAGER 40.00 X 158855 0 8644 359179 0 32496 2 0 1 0 0 MEMBERSHIP DUES & ASSESSMENT 713940 2415250 2415250 INITIATION FEES 713940 153100 153100 LOCKER FEES 713940 77961 77961 FINES & PENALTIES 713940 20067 20067 2666378 32988 32988 1207417 911541 295876 295876 MISCELLANEOUS REVENUE 900099 84913 84913 GUEST FEES 713940 22775 22775 107688 3102930 3069942 0 32988 343391 420411 12500 307553 139139 59964 4928 202816 17774 738328 749 390131 135983 MISCELLANEOUS 176187 REPAIRS 141059 TAXES & LICENSES 10904 3101817 1829061 2001807 551223 423939 420 188 98363 73064 58100 83436 6630381 3803114 3005342 2827267 246290 262093 12944598 12839329 18733397 18511123 299334 239060 215001 196495 12960912 12826957 13475247 13262512 X 894000 876000 571836 572487 3792314 3800124 5258150 5248611 18733397 18511123 X 1113 4222 -14874 X X 0 1 X 1 0 3898461 2236115 1662346 983748 564267 419481 1748172 1002732 745440 2827267 RIGHT OF USE ASSET 12839329 12839329 OPERATING LEASE LIABILITY - CURRENT PORTION 137274 OPERATING LEASE LIABILITY - LONG TERM 12689683 12826957 X 3102077 4222 4222 3097855 5075 5075 3102930 3094267 0 3094267 7550 7550 3101817 PART X, LINE 2: THE CLUB'S MEMBERSHIP ACTIVITIES ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. HOWEVER, THE CLUB'S UNRELATED BUSINESS INCOME, WHICH CONSISTS OF INVESTMENT INCOME (EXCLUDING INTEREST) AND NET RENTALS OF FACILITIES TO NONMEMBERS, IS SUBJECT TO FEDERAL AND STATE INCOME TAX. THE CLUB'S TAX FILINGS FOR THE YEARS ENDED MARCH 31, 2020 THROUGH THE CURRENT DATE ARE OPEN FOR AUDIT. AS OF MARCH 31, 2024 OR 2023, THE CLUB HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THERE WERE NO PENALTIES OR INTEREST ON INCOME TAXES INCURRED IN 2024 OR 2023, BUT, IF INCURRED, THEY WOULD BE CLASSIFIED IN THE STATEMENTS OF REVENUES, EXPENSES, AND OTHER CHANGES TO MEMBERSHIP EQUITY AS MISCELLANEOUS EXPENSE. NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED AT MARCH 31, 2024 OR 2023 AS THE CLUB DID NOT HAVE ANY UNRELATED BUSINESS INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP EQUITY - WITH DONOR RESTRICTIONS REVENUE 5,075. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP EQUITY - WITH DONOR RESTRICTIONS EXPENSES 7,550. X 0 0 0 JASON HAZLEY TENNIS DIRECTOR 197824 0 2500 0 0 0 0 0 23852 0 224176 0 0 0 ROBERT J RIZZUTO GENERAL MANAGER 148855 0 10000 0 0 0 0 0 8644 0 167499 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS ORGANIZED ON BOTH A STOCK BASIS AND A NON-STOCK MEMBERSHIP BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT TO VOTE TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL SENIOR MEMBERS ARE ALLOWED TO VOTE. JUNIOR AND LIFE MEMBERS ARE NOT ALLOWED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED TAX RETURNS IS PROVIDED TO THE CLUB MANAGEMENT. CLUB MANAGEMENT PRESENTS A COMPLETE COPY OF THE RETURNS TO THE BOARD MEMBERS FOR THEIR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE PERFORMANCE OF THE EMPLOYEES IS REVIEWED BY THE OFFICERS. IN ADDITION, SURVEYS OF SIMILAR CLUBS IN THE SOUTHEAST ARE OBTAINED TO CONSIDER LEVEL OF COMPENSATION OF THE KEY EMPLOYEES. OFFICERS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THEIR GOVERNING DOCUMENTS AND TAX RETURNS AVAILABLE TO THE PUBLIC VIA THE WEBSITE WWW.GUIDESTAR.ORG FORM 990, PART XI, LINE 9: STOCK ISSUED AND REDEEMED -17,349. INCREASE IN MEMBERSHIP EQUITY WITH DONOR RESTRICTIONS INCLUDED IN P&L 2,475. FORM 990 PART XII, LINE 2C THE ORGANIZATION HAS NOT MADE ANY CHANGES TO ITS POLICY FROM THE PRIOR YEAR.