2025-08-04T11:10:05-05:00 2024-12-31 540737372 PBMARES LLP 6751 PARKER FARM DR 2ND FLOOR WILMINGTON NC 28405 990 2024-01-01 562101179 EAGLE POINT GOLF CLUB INC EAGL 9106864653 PO BOX 10673 WILMINGTON NC 28404 CECIL WORSLEY III TREASURER 9106864653 2025-07-28 1 1 EDWARD T YODER CPA P00239134 9107629671 2025-07-28 X 2024 2025-03-06 01:10:19Z CECIL WORSLEY III PO BOX 10673 WILMINGTON NC 28404 10326214 0 X WWW.EAGLEPOINT.GOLF X 1998 NC TO OPERATE AND MAINTAIN A PRIVATE CLUB CONSISTING OF GOLF AND ENTERTAINMENT FACILITIES, INCLUDING OVERNIGHT GOLF COTTAGE ACCOMMODATIONS FOR USE BY MEMBERS AND THEIR GUESTS. 6 6 134 6 298078 100493 0 0 8840578 9124580 -52126 33740 2431946 672040 11220398 9830360 0 0 0 0 4992239 5458260 0 0 0 5482906 5602444 10475145 11060704 745253 -1230344 23976748 23121608 13946387 11877987 10030361 11243621 X OUR VISION AT EAGLE POINT GOLF CLUB IS TO CREATE AN UNPARALLELED GOLF EXPERIENCE FOR OUR MEMBERS AND THEIR GUESTS. WITH THE USE OF AN 18,000 SQUARE FOOT CLUBHOUSE, THREE 2200 SQUARE FOOT COTTAGES, 27 TOM FAZIO DESIGNED HOLES, EXCELLENT PLAYING GREENS AND A SELECT MEMBERSHIP, WE THRIVE ON MAKING THIS VISION A REALITY. WE ARE PROUD TO OFFER A WALKING COURSE WHERE TEE TIMES ARE NOT REQUIRED AND AN ENVIRONMENT WHERE THE HIGHEST QUALITY SERVICE IS ACHIEVED. 0 0 RECREATIONAL ACTIVITIES FOR MEMBERS. 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 34 0 1 134 1 1 1 0 0 0 1 1 0 315945 0 0 0 X 6 6 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 X SARAH MATHENY 9106865673 8131 BALD EAGLE LANE WILMINGTON NC 28411 JOHN G B ELLISON JR VICE-PRESIDENT 1.00 X X 0 0 0 ROBERT E LONG JR CO-PRESIDENT 1.00 X X 0 0 0 CECIL WORSLEY III TREASURER 1.00 X X 0 0 0 JOHN TOWNSEND CO-PRESIDENT 1.00 X X 0 0 0 AUSTIN STEPHENS MEMBER AT LARGE 1.00 X 0 0 0 DAN SMITH MEMBER AT LARGE 1.00 X 0 0 0 KELLY MILLER GROUNDS COMMITTEE 1.00 X 0 0 0 BRENDA STOKER CONTROLLER 40.00 X 347841 0 19845 WILLIAM G ANDERSON DIRECTOR OF OPERATIONS 40.00 X 1057994 0 35585 HARRY ANDREWS CHEF 40.00 X 125836 0 24611 SEAN ANDERSON COURSE SUPERINTENDENT 40.00 X 407604 0 35078 TIM SHEPARDSON CLUBHOUSE MANAGER 40.00 X 140351 0 10166 2079626 0 125285 5 0 1 0 0 MEMBERSHIP DUES 900099 6782911 6782911 GREEN, CART, AND CLUB FEES 713910 1035532 983061 52471 COTTAGE RENTAL 900099 750774 660407 90367 MEMBER EVENTS 900099 286450 286450 CLUB OPERATIONS 900099 268913 268913 9124580 41161 41161 7421 -7421 -7421 -7421 1160473 488433 672040 557961 114079 9830360 9532282 298078 0 1461265 3148487 523062 325446 4128 52190 148490 1514 107256 274173 335270 1538717 308527 EQUIPMENT 1001989 SUPPLIES 973234 LANDSCAPING 523891 TAXES 96216 236849 11060704 564020 1317523 4473 2062 583833 490367 48280 41465 142015 130547 132725 211559 29142077 9990721 20497131 19151356 2004271 1776729 23976748 23121608 389032 528666 108438 70908 6805122 5020372 6643795 6258041 13946387 11877987 X 10030361 11243621 10030361 11243621 23976748 23121608 X -1230344 2443604 X X 0 1 X 1 0 X X X 1 218.00 1 0 4525050 4525050 9932580 6192274 3740306 5344869 3798447 1546422 9339578 9339578 19151356 INVESTMENT 1776729 1776729 DEFERRED COMPENSATION 1776729 PAYABLE TO EAGLE POINT PARTNERS 4481312 6258041 X 10318793 0 10318793 -488433 -488433 9830360 11549137 0 11549137 -488433 -488433 11060704 PART II, LINE 9: THE CONSERVATION EASEMENT IS INCLUDED IN THE VALUE OF THE LAND REPORTED ON THE BALANCE SHEET. DURING 2015, AN APPRAISAL WAS DONE ON THE VALUE OF THE LAND IN ORDER TO COMPLETE THE SALE BETWEEN EAGLE POINT PARTNERS, LLC AND THE CLUB. THE APPRAISAL INCLUDED THE VALUE OF THE CONSERVATION EASEMENT. PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE (THE CODE) BUT IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME AS DEFINED BY THE CODE. INCOME TAXES ARE IMMATERIAL TO THE COMBINED FINANCIAL STATEMENTS. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE CLUB'S NONTAXABLE STATUS IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CLUB'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE LLC IS A LIMITED LIABILITY COMPANY WHOSE ITEMS OF INCOME, EXPENSE, GAINS AND LOSSES ARE TAXED TO ITS MEMBERS. THE MEMBERS OF THE LLC ARE THE FOUNDERS OF THE CLUB. PART XI, LINE 4B - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD -488,433. PART XII, LINE 4B - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD -488,433. X 0 1 0 WILLIAM G ANDERSON DIRECTOR OF OPERATIONS 343811 0 84193 0 629990 0 10458 0 25127 0 1093579 0 0 0 SEAN ANDERSON COURSE SUPERINTENDENT 343811 0 62244 0 1549 0 11500 0 23578 0 442682 0 0 0 BRENDA STOKER CONTROLLER 140999 0 71500 0 135342 0 10935 0 8910 0 367686 0 0 0 TIM SHEPARDSON CLUBHOUSE MANAGER 119599 0 15000 0 5752 0 0 0 10166 0 150517 0 0 0 HARRY ANDREWS CHEF 120211 0 5300 0 325 0 0 0 24611 0 150447 0 0 0 PART I, LINE 4B WILLIAM ANDERSON $204,550 SEAN ANDERSON $100,000 BRENDA STOKER $40,000 WILLIAM ANDERSON KEY EMPLOYEE SALE OF REAL PROPERTY TO WILLIAM ANDERSON X 70000 41465 0 1 1 41465 FORM 990, PART VI, SECTION A, LINE 6 THIS ORGANIZATION IS ORGANIZED AS A NON-PROFIT CORPORATION WITH MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THIS ORGANIZATION HAS A NOMINATING COMMITTEE MADE UP OF MEMBERS THAT ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE ORGANIZATION'S FORM 990 IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION PROVIDES ITS BOOKS AND RECORDS TO THE EQUITY MEMBERS AND WILL MAKE ITS RECORDS AVAILABLE FOR PUBLIC INSPECTION IF REQUESTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS BOOKS AND FINANCIAL RECORDS TO THE BOARD OF DIRECTORS AND WILL MAKES ITS RECORDS AVAILABLE FOR PUBLIC INSPECTION IF REQUESTED. FORM 990, PART XI, LINE 9: EQUITY MEMBERSHIP FEES 4,250. NON-EQUITY MEMBERSHIP FEES 2,972,554. REDEMPTION OF EQUITY MEMBERSHIPS -275,840. MEMBER DISTRIBUTIONS FOR MEMBERSHIPS AND DUES -257,360. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EAGLE POINT PARTNERS LLC PO BOX 10673 WILMINGTON NC 28404 134220910 FINANCIAL INVESTMENT NC N/A 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 EAGLE POINT PARTNERS LLC E 4481312 SALES AGREEMENT EAGLE POINT PARTNERS LLC R 119208 INTEREST PER LOAN AGREEMENT EAGLE POINT PARTNERS LLC D 154140 LOAN AGREEMENT EAGLE POINT PARTNERS LLC D 13000 LOAN PROCEEDS