2025-03-25T14:16:27-05:00 2024-12-31 411397419 Abdo LLP 5201 Eden Avenue Suite 250 Edina MN 55436 990 2024-01-01 411557904 Minnesota Valley Country Club Inc MINN 9528842409 6300 Auto Club Rd Bloomington MN 55438 Steve Gilles GM/COO 9528842409 2025-03-19 1 1 Steven D Anseth CPA P00552219 9528359090 2025-02-28 2024 2025-03-06 01:10:19Z Steve Gilles 6300 Auto Club Rd Bloomington MN 55438 9303838 0 X www.mvccgolf.com X 1986 MN Golf Club 9 9 196 67 366065 0 330934 0 4794763 5314263 69236 34734 140148 76920 5335081 5425917 0 0 0 0 2160464 2172831 0 0 0 2547204 2915746 4707668 5088577 627413 337340 14870103 16056567 10632403 11487338 4237700 4569229 An exceptional golf club for members, their families, and friends. 0 0 Provide recreational and social activities for club members consistent with our tax exempt status. 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 29 0 1 196 1 1 1 0 0 0 0 0 0 1627820 893547 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X The Organization 9528842409 6300 Auto Club Rd Bloomington MN 55438 Craig Johnson President 6.00 X X 0 0 0 David Minkkinen Vice President 6.00 X X 0 0 0 Ben Johnshoy Secretary 6.00 X X 0 0 0 Dennis Anderson Treasurer 6.00 X X 0 0 0 Kathy Clements Director 6.00 X 0 0 0 Aaron Koehler Director 6.00 X 0 0 0 Julie Oerther Director 6.00 X 0 0 0 Todd Roisum Director 6.00 X 0 0 0 Jake Fowler Director 6.00 X 0 0 0 Paula Keimig Controller 40.00 X 122919 0 12881 Steve Gilles GM/COO 40.00 X 219581 0 3540 Jared Grubor Clubhouse Manager 40.00 X 106632 0 11205 Chad Johnson Golf Course Superintendent 40.00 X 113546 0 6353 Matt Paulius Head Golf Professional 40.00 X 163431 0 10054 726109 0 44033 5 0 1 0 0 Member Dues 713910 2452512 2452512 Capital Fees 713910 1076720 1076720 Initiation Fees 713910 551100 551100 Green Fees 713910 520258 390870 129388 Golf Cart Fees 713910 316804 238015 78789 396869 324648 72221 5314263 29328 29328 5406 0 5406 5406 5406 3954841 3877921 76920 -8747 85667 5425917 5030524 366065 29328 476758 1451690 11159 83922 149302 4196 23132 25600 37537 50683 17859 303843 17427 336353 955850 114841 Golf & Grounds Expense 564455 Entertainment 139699 Repairs & Maintenance 108182 Golf Carts 107690 108399 5088577 870735 479762 210286 216686 435368 597639 191250 146400 218369 268689 39240 123264 21744729 9329545 11209027 12415184 1778 1778 1694050 1807165 14870103 16056567 960117 986821 1136900 769990 6871654 7940600 1663732 1789927 10632403 11487338 X 4237700 4569229 4237700 4569229 14870103 16056567 X 337340 -5811 X X 0 1 X 1 0 1899197 1899197 9621607 4135222 5486385 5621667 2466176 3155491 4579217 2728147 1851070 23041 23041 12415184 Deferred Compensation Plan Assets 1450348 Operating Lease Right-of-Use Asset 356817 1807165 Deferred Compensation 1450348 Operating Lease Liability 339579 1789927 X 5425917 0 5425917 0 5425917 5088577 0 5088577 0 5088577 Part X, Line 2: The Organization is classified by the Internal Revenue Service as a tax-exempt organization under Section 501(c) (7) of the Internal Revenue Code. It is only subject to tax on unrelated business income. This income includes investment income, income generated from non-member use of the Organization, and any income generated from advertising. The Organization has analyzed filing positions with the Internal Revenue Service and the State of Minnesota. The Organization is subject to routine audits by these jurisdictions; however, the Organization is currently not under any audits for any tax periods. The Organization does not anticipate any of its income tax filing positions would result in a material adverse effect on the Organization's financial condition, results of operations or cash flow. No liability has been recorded for uncertain tax positions. As allowed under accounting principles generally accepted in the United States of America, the Organization would accrue, if applicable, income tax related interest and penalties in income tax expense in the Organization's statement of activities. During the years ended December 31, 2024 and 2023, the Organization did not recognize any interest or penalties. With few exceptions, the Organization is nolonger subject to tax examinations by tax authorities for years before 2021. X X 0 0 0 Steve Gilles GM/COO 219581 0 0 0 0 0 1440 0 2100 0 223121 0 0 0 Matt Paulius Head Golf Professional 163431 0 0 0 0 0 1828 0 8226 0 173485 0 0 0 Form 990, Part VI, Section A, line 6 The Organization is owned by the members who are stockholders. There are also members who are not stockholders. Form 990, Part VI, Section A, line 7a The Club's Board of Directors is elected by the members who are stockholders and can vote. Form 990, Part VI, Section A, line 7b Members who are stockholders vote on decisions such as golf course improvements and financing. Form 990, Part VI, Section B, line 11b Form 990 is provided to the Club's Audit Committee for review. After review, it is forwarded to the Club's Board of Directors for their review prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed annually by the Club's Board of Directors for any necessary changes. Form 990, Part VI, Section B, line 15 Executive committee evaluates comparative private club compensation arrangements and formulates a hiring contract. Objectives are determined annually and then measured for completion to determine any amount of bonus and/or wage increase. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Equity repayments and offsets -5,811. Form 990, Part XII, Line 2c: The process has not changed from the prior years.