2025-12-08T12:14:02-06:00 2025-03-31 333737422 FRAZIER & DEETER ADVISORY LLC 1230 PEACHTREE STREET NE SUITE 1500 ATLANTA GA 30309 990 2024-04-01 580145160 ATLANTA ATHLETIC CLUB ATLA 7704482166 1930 BOBBY JONES DRIVE JOHNS CREEK GA 30097 ANDY KOEHLER CFO 7704482166 2025-12-08 1 1 JASON W NELSON P01426650 4042537500 2024 2025-03-06 01:10:19Z ANDY KOEHLER 1930 BOBBY JONES DRIVE JOHNS CREEK GA 30097 43679177 0 X WWW.ATLANTAATHLETICCLUB.ORG X 1898 GA ATLANTA ATHLETIC CLUB WILL DELIVER AN EXCEPTIONAL AND FAMILY-FOCUSED EXPERIENCE THAT CONSISTENTLY EXCEEDS THE EXPECTATIONS OF ALL THOSE WE SERVE, WHILE PRESERVING OUR HERITAGE, TRADITIONS AND REPUTATION FOR CHAMPIONSHIP GOLF. 11 11 668 0 3216106 421018 0 0 31689288 35559835 327442 437233 3224382 3213583 35241112 39210651 0 0 0 0 14986978 15974288 0 0 0 16915215 17659850 31902193 33634138 3338919 5576513 58130931 64000577 17386804 17811300 40744127 46189277 ATLANTA ATHLETIC CLUB WILL DELIVER AN EXCEPTIONAL AND FAMILY-FOCUSED EXPERIENCE THAT CONSISTENTLY EXCEEDS THE EXPECTATIONS OF ALL THOSE WE SERVE, WHILE PRESERVING OUR HERITAGE, TRADITIONS AND REPUTATION FOR CHAMPIONSHIP GOLF. 0 0 TO PROVIDE GOLF, TENNIS, SWIMMING AND DINING ACTIVITIES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 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 52 0 1 668 1 1 1 0 0 0 0 7318910 4488908 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X ANDY KOEHLER 7704482166 1930 BOBBY JONES DRIVE JOHNS CREEK GA 30097 X KEVIN COSTELLO CHAIRMAN 5.00 X X 0 0 0 JOHN STAKEL PRESIDENT 5.00 X X 0 0 0 MIKE FLEMING DIRECTOR 2.00 X 0 0 0 LARRY DELAN DIRECTOR 2.00 X 0 0 0 RANDY MOORE DIRECTOR 2.00 X 0 0 0 DAN PAYNE DIRECTOR 2.00 X 0 0 0 ERIC PORTMAN DIRECTOR 2.00 X 0 0 0 KYLE ESMONDE DIRECTOR 2.00 X 0 0 0 LAURIE ANN GARRETT DIRECTOR 2.00 X 0 0 0 MILFORD MCGUIRT DIRECTOR 2.00 X 0 0 0 ANDREW DUNN TREASURER 2.00 X 0 0 0 JAMES W COLE DIRECTOR OF FACILITIES 50.00 X 145488 0 17248 ANDREW KOEHLER CFO 50.00 X 282210 0 8069 JACK R UNIS III GOLF INSTRUCTOR 50.00 X 132374 0 13966 SHAWN T KOCH DIRECTOR OF INSTRUCTION 50.00 X 228097 0 14070 JEFFREY C CHANDLEY DIRECTOR OF RACQUET SPORTS 50.00 X 288826 0 15443 SCOTT W SPERRY CONTROLLER 50.00 X 159219 0 4147 MATTHEW W SCHECK GOLF INSTRUCTOR 50.00 X 117317 0 5838 JAMES W HARRIS GOLF INSTRUCTOR 50.00 X 133268 0 9091 ERIC M DARIN CULINARY FOOD PRODUCTION 50.00 X 210537 0 9071 NEIL DOLDO ATHLETIC TRAINER 50.00 X 202823 0 8027 LUKUS HARVEY DIRECTOR OF GOLF COURSE MAIN 50.00 X 341485 0 8335 JOHN R PATTERSON EQUIPMENT DIRECTOR 50.00 X 146467 0 7533 ERICA SMITH MEMBERSHIP DIRECTOR 50.00 X 157552 0 6488 DAVID A SHEPPARD CEO & GENERAL MANAGER 50.00 X 436735 0 4958 JAMES D TAYLOR DIRECTOR OF GOLF 50.00 X 580971 0 9510 CHRISTOPHER MOORE GOLF INSTRUCTOR 50.00 X 192210 0 6028 MICHAEL TRACEY WASHINGTON DIRECTOR OF IT 50.00 X 135491 0 5080 CARMEN GARCIA JERSILD TENNIS TEACHING PRO 50.00 X 146923 0 5881 EVA TEIXEIRA CURRENS THERAPIST 50.00 X 119540 0 6067 KRISTEN E EVERARD DIRECTOR OF RETAIL 50.00 X 146206 0 5928 LANCE O MISSILDINE TENNIS INSTRUCTOR 50.00 X 103504 0 5681 JOEL MYERS CHIEF HR OFFICER 50.00 X 227192 0 5248 GLENN D SCAPIN HEAD GOLF PRO 50.00 X 124369 0 4639 ANDREW BAILEY DIRECTOR OF FACILITIES 50.00 X 114590 0 8871 JACKSON BRUNSON CLUBHOUSE MANAGER 50.00 X 154159 0 23298 JESUS MARTINEZ GOLF COURSE SUPERINTENDENT 50.00 X 114756 0 4491 KELSEY PAYNE HARKLEROAD DIRECTOR OF CATERING 50.00 X 103109 0 4081 FRANCISCO RICO GROUNDS SUPERINTENDENT 50.00 X 110541 0 4386 5355959 0 231473 28 0 1 0 0 MEMBERSHIP FEES 713910 23925409 23925409 GOLF 713910 8419124 6851711 1567413 ATHLETICS 713910 1781165 1781165 TENNIS 713910 1038943 1000965 37978 LOCKER ROOMS 713910 280057 280057 115137 115137 35559835 437233 437233 7534976 4468526 3066450 1892968 1173482 OTHER INCOME 713910 147133 147133 147133 39210651 35994545 3216106 0 X 5587432 8504190 493228 225937 1163501 377824 3386702 1552952 GOLF SHOP 2659439 GOLF MAINTENANCE 1855035 UTILITIES 1250080 TENNIS 944093 5633725 33634138 6445534 6652719 4181897 4456375 1297330 1473264 1536769 1140962 99786738 62332119 36900578 37454619 5259129 8629425 2509694 4193213 58130931 64000577 6552106 7439733 2340210 2387507 7893560 7388380 600928 595680 17386804 17811300 X 40744127 46189277 40744127 46189277 58130931 64000577 X 5576513 -131363 X 0 1 X 1 0 1494891 1494891 56589827 35873505 20716322 31731803 24210226 7521577 8714373 2248388 6465985 1255844 1255844 37454619 SYNOVUS SECURITIES 8629425 C 8629425 DEFERRED COMPENSATION 595713 INTEREST RATE HEDGING AGREEMENT 451313 RIGHT OF USE ASSET 3146187 4193213 DEFERRED COMPENSATION 595680 595680 36360267 4468526 4468526 31891741 7318910 7318910 39210651 38102664 4468526 4468526 33634138 0 33634138 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 4,468,526. PART XI, LINE 4B - OTHER ADJUSTMENTS: INITIATION FEES 5,492,235. TRANSFERS FROM DESIGNATED EQUITY 1,826,675. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,468,526. X 0 1 0 JAMES D TAYLOR DIRECTOR OF GOLF 255831 0 324050 0 1090 0 5898 0 3612 0 590481 0 0 0 DAVID A SHEPPARD CEO & GENERAL MANAGER 332308 0 91375 0 13052 0 0 0 4958 0 441693 0 0 0 LUKUS HARVEY DIRECTOR OF GOLF COURSE MAIN 280836 0 51000 0 9649 0 7406 0 929 0 349820 0 0 0 JEFFREY C CHANDLEY DIRECTOR OF RACQUET SPORTS 101400 0 186426 0 1000 0 11440 0 4003 0 304269 0 0 0 ANDREW KOEHLER CFO 248530 0 32750 0 930 0 4505 0 3564 0 290279 0 0 0 SHAWN T KOCH DIRECTOR OF INSTRUCTION 26577 0 200430 0 1090 0 13555 0 515 0 242167 0 0 0 JOEL MYERS CHIEF HR OFFICER 203692 0 23500 0 0 0 4853 0 395 0 232440 0 0 0 ERIC M DARIN CULINARY FOOD PRODUCTION 189965 0 18546 0 2026 0 8452 0 619 0 219608 0 0 0 NEIL DOLDO ATHLETIC TRAINER 110050 0 92723 0 50 0 7656 0 371 0 210850 0 0 0 CHRISTOPHER MOORE GOLF INSTRUCTOR 35054 0 156066 0 1090 0 5766 0 262 0 198238 0 0 0 JACKSON BRUNSON CLUBHOUSE MANAGER 143539 0 9500 0 1120 0 22857 0 441 0 177457 0 0 0 ERICA SMITH MEMBERSHIP DIRECTOR 121002 0 36500 0 50 0 6252 0 236 0 164040 0 0 0 SCOTT W SPERRY CONTROLLER 132869 0 25260 0 1090 0 2935 0 1212 0 163366 0 0 0 JAMES W COLE DIRECTOR OF FACILITIES 143938 0 1500 0 50 0 13800 0 3448 0 162736 0 0 0 JOHN R PATTERSON EQUIPMENT DIRECTOR 133877 0 11500 0 1090 0 6305 0 1228 0 154000 0 0 0 CARMEN GARCIA JERSILD TENNIS TEACHING PRO 50444 0 95389 0 1090 0 5595 0 286 0 152804 0 0 0 KRISTEN E EVERARD DIRECTOR OF RETAIL 52361 0 93795 0 50 0 5180 0 748 0 152134 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS SHALL HAVE THE POWER TO ADMIT MEMBERS TO THE CORPORATION AND MAY ESTABLISH VARIOUS CLASSES OF MEMBERSHIP AND PRESCRIBE CRITERIA FOR EACH. AT LEAST ONE CLASS OF MEMBERSHIP SHALL BE KNOWN AS "JONES" MEMBERS, WHO WILL BE THOSE MEMBERS HOLDING FULL PRIVILEGES AS MEMBERS AND WITH FULL VOTING RIGHTS TO ELECT DIRECTORS AND TO VOTE ON OTHER MATTERS UPON WHICH MEMBERS ARE ENTITLED TO VOTE IN ACCORDANCE WITH THE CLUB'S BYLAWS. THE BOARD OF DIRECTORS SHALL HAVE THE AUTHORITY TO DESIGNATE, BY RESOLUTION, ONE OR MORE ADDITIONAL CLASSES OF MEMBERSHIP AS MEMBERS WITH THE RIGHT TO VOTE FOR THE ELECTION OF DIRECTORS AND UPON THE OTHER MATTERS SET FORTH IN THE CLUB'S BYLAWS. ONLY THOSE CLASSES OF MEMBERS DESIGNATED BY THE BOARD OF DIRECTORS AS ENTITLED TO VOTE FOR THE ELECTION OF DIRECTORS SHALL BE DEEMED "MEMBERS" OF THE CORPORATION AS THAT TERM IS DEFINED UNDER SECTION 14-3-140(20) OF THE GEORGIA NONPROFIT CORPORATION CODE WITH THE RIGHTS AND OBLIGATIONS PROVIDED FOR IN THE GEORGIA NONPROFIT CORPORATION CODE. MEMBERS IN THESE CLASSES SHALL HAVE THE RIGHTS AND PRIVILEGES OF MEMBERSHIP AS DESCRIBED IN THE CLUB'S BYLAWS, THE RULES AND REGULATIONS OF THE CORPORATION AND ANY RESOLUTIONS OR DIRECTIVES ADOPTED OR PRESCRIBED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. MEMBERS SHALL PAY SUCH FEES AND DUES AS MAY BE PRESCRIBED FROM TIME TO TIME BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, LIMIT THE NUMBER OF MEMBERS IN ANY CLASS OR CLASSES. FORM 990, PART VI, SECTION A, LINE 7A IF SOMEBODY ON THE BOARD LEAVES OR VACATES THEIR POSITION, THE BOARD MEMBERS HAVE THE RIGHT TO APPOINT A JONES MEMBER TO THE BOARD. HOWEVER, THIS PERSON MUST BE IN GOOD STANDING WITH THE CLUB. THE BOARD MEMBERS SHALL ELECT JONES MEMBERS TO FILL VACANCIES IN THE BOARD TO SERVE UNTIL THE NEXT ANNUAL MEETING OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B ONLY JONES MEMBERS AND THOSE CLASSES OF MEMBERS DESIGNATED BY THE BOARD OF DIRECTORS BY RESOLUTION AS ENTITLED TO VOTE ON THE ELECTION OF DIRECTORS SHALL BE ENTITLED TO VOTE ON THE MATTERS SET FORTH BELOW. EACH MEMBER IN SUCH CLASSES MUST BE IN GOOD STANDING AND SHALL BE ENTITLED TO ONE VOTE ON EACH SUCH MATTER UNLESS OTHERWISE DETERMINED BY THE BOARD OF DIRECTORS. JONES MEMBERS AND CLASSES OF MEMBERS SO DESIGNATED BY THE BOARD OF DIRECTORS ARE ENTITLED TO VOTE ON THE FOLLOWING MATTERS: ELECTION OF DIRECTORS; A SALE OF THE CORPORATION OR A SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; A MERGER OR COMBINATION OF THE CORPORATION OR ANY TRANSACTION HAVING A SIMILAR EFFECT; DISSOLUTION AND LIQUIDATION OF THE CORPORATION; AMENDMENT OF THE ARTICLES OF INCORPORATION; ANY CAPITAL IMPROVEMENT PROJECTS WHERE THE MEMBERS WILL BE REQUIRED TO MEET A SPECIAL ASSESSMENT IN ORDER TO COMPLETE THE PROPOSED CAPITAL IMPROVEMENT PROJECT; OR ANY OTHER MATTER THE BOARD OF DIRECTORS ELECTS TO SUBMIT TO THE VOTE OF THE MEMBERS. THE BOARD OF DIRECTORS MAY DETERMINE AT ANY TIME IN ITS SOLE DISCRETION TO SUBMIT ANY MATTER TO THE VOTE OF ALL MEMBERS, REGARDLESS OF CLASS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM, FRAZIER & DEETER, LLC, THE FORM IS FIRST REVIEWED BY THE TREASURER AND CFO FOR ACCURACY. THE FULL BOARD OF DIRECTORS HAS THE OPPORTUNITY TO REVIEW THE FORM AND THEN THE FORM IS SIGNED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C AS A GENERAL RULE, THE BOARD OF DIRECTORS AGREED THAT IT IS BEST NOT TO CONDUCT BUSINESS WITH MEMBERS DUE TO A POTENTIAL CONFLICT OF INTEREST, UNDUE SALES PRESSURE AND POTENTIAL INTIMIDATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY COLLECTING BENCHMARK INFORMATION FROM AREA CLUBS THROUGH INFORMAL SURVEYS, PEER CLUBS FROM CLUB BENCHMARK, OVERALL COMPENSATION FROM CLUB BENCHMARK, AND OVERALL COMPENSATION FROM CMAA. THE CLUB ALSO COLLECTS DATA FROM GUIDESTAR. THIS INFORMATION IS EVALUATED BY THE EXECUTIVE COMMITTEE TO DETERMINE COMPENSATION. OTHER KEY OFFICERS' COMPENSATION IS DETERMINED BY THE GM/COO USING THE SAME DATA AS WELL AS GUIDANCE FROM THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY, ANYONE FROM THE PUBLIC CAN REQUEST (IN WRITING) A COPY OF OUR GOVERNING DOCUMENTS, FORM 990, FINANCIAL STATEMENTS, ETC. AND THEY WILL BE GIVEN ONE. FORM 990, PART IX, LINE 24E ATHLETICS 893,485. GENERAL AND ADMINISTRATIVE 815,455. EQUIPMENT RENTAL & MAINTENANCE 720,565. FOOD & BEVERAGE 567,043. REPAIRS AND MAINTENANCE 523,408. PROPERTY TAXES 475,000. ENTERTAINMENT 460,772. MISCELLANEOUS 406,423. AQUATICS 196,844. WORKERS COMPENSATION 195,728. SUPPLIES 170,139. CLUBROOMS 73,881. PRINTING & STATIONARY 48,360. LOCKER ROOM 45,724. TELEPHONE 30,697. POSTAGE 10,201. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS -131,363.