2025-09-08T07:02:19-05:00 2024-10-31 540737372 PBMARES LLP 3957 WESTERRE PARKWAY SUITE 220 RICHMOND VA 23233 990 2023-11-01 540245390 HERMITAGE COUNTRY CLUB HERM 8047845234 PO BOX 222 MANAKINSABOT VA 23103 STEPHEN BURKHART GENERAL MANAGER 8047845234 2025-09-05 1 1 EDWARD T YODER CPA P00239134 8043230022 2025-09-05 X 2023 2025-03-06 01:10:19Z STEPHEN BURKHART PO BOX 222 MANAKINSABOT VA 23103 17503803 0 X HERMITAGECOUNTRYCLUB.COM X 1900 VA TO PROMOTE SOCIAL INTERACTION AND RECREATION FOR THE BENEFIT OF ITS MEMBERS. 11 11 397 0 394777 0 0 0 12357670 12323636 86928 10405 2570561 2631317 15015159 14965358 0 0 0 0 7837847 8849852 0 0 0 5560188 6006608 13398035 14856460 1617124 108898 29104539 30606746 8331892 9724601 20772647 20882145 X HERMITAGE COUNTRY CLUB IS A TRADITIONAL, FAMILY ORIENTED PRIVATE CLUB. OUR FOCUS IS TO CONSISTENTLY PROVIDE EXCEPTIONAL SERVICE TO ALL MEMBERS AND THEIR GUESTS. OUR OBJECTIVE IS TO ENSURE CONTINUOUS IMPROVEMENT IN PROVIDING EXCELLENT WELL-MAINTAINED FACILITIES, FEATURING: QUALITY GOLF, TENNIS, ATHLETIC ACTIVITIES, SUPERB DINING VENUES AND A VARIETY OF FAMILY PROGRAMS AND SOCIAL EVENTS; ALL FOR THE BENEFIT AND CAMARADERIE OF OUR MEMBERS IN A HOME AWAY FROM HOME ATMOSPHERE. 0 0 THE CLUB PROVIDES FACILITIES SUCH AS TENNIS COURTS, GOLF COURSES, SWIMMING POOLS AND DINING ROOMS TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 7 0 1 397 1 1 1 0 0 0 1 1 492594 776888 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X X ROGER WOLFE 8047845234 PO BOX 222 MANAKINSABOT VA 23103 CAROLE SCOTT PRESIDENT 1.00 X X 0 0 0 STEFAN RICHTER VICE-PRESIDENT 1.00 X X 0 0 0 STEVE FISHER TREASURER 1.00 X X 0 0 0 RYAN WALSH SECRETARY 1.00 X X 0 0 0 WILL MACILWAINE DIRECTOR 1.00 X 0 0 0 JOHN MILLER DIRECTOR 1.00 X 0 0 0 KURT WILLIAMS DIRECTOR 1.00 X 0 0 0 RAFA LUGO DIRECTOR 1.00 X 0 0 0 JEFF MUSSATT DIRECTOR 1.00 X 0 0 0 KEVIN ROTTY DIRECTOR 1.00 X 0 0 0 TEKI HALL DIRECTOR 1.00 X 0 0 0 STEPHEN BURKHART GENERAL MANAGER 40.00 X 354085 0 40268 MARK BERNSTINE DIRECTOR OF TENNIS & FITNE 40.00 X 241058 0 28975 CHRISTOPHER HARRIMAN DIRECTOR OF GROUNDS 40.00 X 241658 0 35910 CRAIG CALLENS DIRECTOR OF GOLF (FORMER) 40.00 X 185426 0 12622 MATT EVANS DIRECTOR OF GOLF 40.00 X 129784 0 11432 LESLIE LITTLE DIRECTOR OF FOOD AND BEVERAGE 40.00 X 141602 0 11576 1293613 0 140783 6 0 1 0 0 MEMBERSHIP DUES 713910 8379902 8379902 CAPITAL DUES 713910 1799067 1799067 GOLF OPERATIONS 713910 1420807 1265752 155055 INITIATION FEES 713910 492594 492594 TENNIS & POOL FEES 713910 192309 192309 38957 38957 12323636 5 5 10400 0 10400 10400 10400 5049463 2538445 2511018 2271301 239717 MISCELLANEOUS INCOME 713910 57600 57600 LATE CHARGES 713910 45955 45955 APPLICATION FEES 713910 16744 16744 120299 14965358 14570581 394777 0 427133 6966037 170767 638783 647132 629717 385546 1515446 153571 GOLF COURSE MAINTENANCE 1177682 ADMINISTRATIVE & GENERA 694714 FOOD & BEVERAGE 451227 HOUSE & LOCKER 240308 758397 14856460 2498869 1489651 2200130 2204732 550568 662612 255978 267339 45797415 20302618 22984276 25494797 614718 487615 29104539 30606746 1128189 789189 950693 1115293 6733287 8087049 -480277 -266930 8331892 9724601 X 20772647 20882145 20772647 20882145 29104539 30606746 X 108898 600 X X 0 0 0 725128 725128 19348177 9902598 9445579 6596199 2070489 4525710 17810881 7617728 10193153 1317030 711803 605227 25494797 FAIR VALUE OF INTEREST RATE SWAP -266930 -266930 X 17503803 2538445 2538445 14965358 0 14965358 17394906 2538446 2538446 14856460 0 14856460 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES ON MEMBERS' TRANSACTIONS AND OTHER ACTIVITIES RELATED DIRECTLY TO ITS NONPROFIT PURPOSES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE (IRC). THE CLUB IS, HOWEVER, SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. MANAGEMENT HAS DETERMINED THAT UNRELATED BUSINESS INCOME TAXES FOR THE YEARS ENDED OCTOBER 31, 2024 AND 2023 WERE NOT MATERIAL TO THE FINANCIAL STATEMENTS. FASB ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CLUB'S MANAGEMENT HAS EVALUATED THE IMPACT OF THIS TO ITS FINANCIAL STATEMENTS. MANAGEMENT IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS AND HAS NOT ACCRUED THE EFFECT OF ANY UNCERTAIN TAX POSITIONS AS OF OCTOBER 31, 2024 AND 2023. THE CLUB'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. THE CLUB'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES, IF ANY, IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,538,445. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,538,445. ROUNDING 1. X X X X X 0 0 0 STEPHEN BURKHART GENERAL MANAGER 297885 0 55000 0 1200 0 19070 0 21198 0 394353 0 0 0 CHRISTOPHER HARRIMAN DIRECTOR OF GROUNDS 216950 0 15500 0 9208 0 14712 0 21198 0 277568 0 0 0 MARK BERNSTINE DIRECTOR OF TENNIS & FITNE 107638 0 12000 0 121420 0 7777 0 21198 0 270033 0 0 0 CRAIG CALLENS DIRECTOR OF GOLF (FORMER) 95732 0 10600 0 79094 0 10243 0 2379 0 198048 0 0 0 LESLIE LITTLE DIRECTOR OF FOOD AND BEVERAGE 130677 0 10400 0 525 0 7981 0 3595 0 153178 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE SEVERAL GROUPS OF MEMBERSHIP: FAMILY, SINGLE, JUNIOR ASSOCIATE, SOCIAL/ATHLETIC, NON-RESIDENT, JUNIOR/STUDENT, LIFE, HONORARY, SUPER SENIOR, AND SENIOR SOCIAL. FORM 990, PART VI, SECTION A, LINE 7A ONLY THOSE STOCKHOLDERS WHO ARE DULY ELECTED MEMBERS OF THE CLUB SHALL BE ENTITLED TO VOTE AT ANY MEETINGS OF THE STOCKHOLDERS, EXCEPT FOR MEMBERS IN THE SUPER SENIOR MEMBERSHIP CATEGORY. FORM 990, PART VI, SECTION A, LINE 7B NO REAL PROPERTY SHALL BE BOUGHT, SOLD, OR ENCUMBERED UNLESS THE TRANSACTION IS APPROVED BY VOTE OF AT LEAST TWO-THIRDS OF THE MBMERS OF THE BOARD OF DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE COPY OF FORM 990 IS REVIEWED BY ALL MEMBERS OF THE CLUB'S FINANCE COMMITTEE, THE BOARD OF DIRECTORS, THE GENERAL MANAGER, AND CONTROLLER BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST SIGN CONFLICT OF INTEREST POLICY, AND IT IS THEN MONITORED BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 HIGHEST PAID EMPLOYEES' SALARY STRUCTURES, INCLUDING THE COO ARE ESTABLISHED IN PART BY INDUSTRY STANDARDS FOR LIKE SIZE REVENUE CLUBS. ALL HIGHEST PAID EMPLOYEES' SALARIES ARE DETERMINED AND SET BY THE COO. THE COO'S SALARY IS DETERMINED AND SET BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB MAKES ITS FORM 990 AND FORM 1024 AVAILABLE ON THE CLUB'S WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE ON THE CLUB'S WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATE ACTIVITY 600. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.