2025-02-17T12:53:39-06:00 2024-03-31 581433845 FRAZIER & DEETER LLC 1230 PEACHTREE STREET NE SUITE 1500 ATLANTA GA 30309 990 2023-04-01 580145160 ATLANTA ATHLETIC CLUB ATLA 7704482166 1930 BOBBY JONES DRIVE JOHNS CREEK GA 30097 ANDY KOEHLER CFO 7704482166 2025-02-17 1 1 JASON W NELSON P01426650 4042537500 2023 2025-03-06 01:10:19Z ANDY KOEHLER 1930 BOBBY JONES DRIVE JOHNS CREEK GA 30097 39376574 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 11 689 0 2725849 302755 0 0 27581410 31689288 -297989 327442 2915270 3224382 30198691 35241112 0 0 0 0 12981171 14986978 0 0 0 14922201 16915215 27903372 31902193 2295319 3338919 52488130 58130931 15141560 17386804 37346570 40744127 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 0 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 51 0 1 689 1 1 1 0 0 0 0 5568488 3885279 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 TIM BENTSEN CHAIRMAN 5.00 X X 0 0 0 KEVIN COSTELLO PRESIDENT 5.00 X X 0 0 0 KEVIN CASE 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 ANDREW DUNN DIRECTOR 2.00 X 0 0 0 JAMES KIKER 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 JOHN STAKEL TREASURER 2.00 X 0 0 0 JAMES W COLE DIRECTOR OF FACILITIES 50.00 X 205717 0 8989 TONY E KELLEY CFO 50.00 X 275803 0 15094 JACK R UNIS III GOLF INSTRUCTOR 50.00 X 124038 0 4962 SHAWN T KOCH DIRECTOR OF GOLF INSTRUCTI 50.00 X 229427 0 0 JEFFREY C CHANDLEY DIRECTOR OF TENNIS 50.00 X 266217 0 11909 SCOTT W SPERRY CONTROLLER 50.00 X 142350 0 6847 MATTHEW W SCHECK GOLF INSTRUCTOR 50.00 X 119857 0 4794 JAMES W HARRIS GOLF INSTRUCTOR 50.00 X 137652 0 5693 ERIC M DARIN EXECUTIVE CHEF 50.00 X 202697 0 8548 NEIL DOLDO FITNESS DIRECTOR 50.00 X 209853 0 8600 LUKUS HARVEY DIRECTOR OF AGRONOMY 50.00 X 328873 0 14080 JOHN R PATTERSON GCM EQUIPMENT DIRECTOR 50.00 X 125516 0 6215 ERICA SMITH MEMBERSHIP DIRECTOR 50.00 X 146159 0 6080 DAVID A SHEPPARD CEO & GENERAL MANAGER 50.00 X 454052 0 40791 CAITLIN R CANNON GOLF INSTRUCTOR 50.00 X 102964 0 4119 JAMES D TAYLOR DIRECTOR OF GOLF 50.00 X 494108 0 20471 CHRISTOPHER MOORE GOLF INSTRUCTOR 50.00 X 179213 0 7431 MICHAEL TRACEY WASHINGTON DIRECTOR OF TECHNOLOGY 50.00 X 125278 0 5156 CARMEN GARCIA JERSILD ASST DIRECTOR OF TENNIS 50.00 X 145683 0 6039 EVA TEIXEIRA CURRENS SPA TECHNICIAN 50.00 X 119095 0 5322 AUDRA V LUCAS CLUB MANAGER 50.00 X 187045 0 7774 KRISTEN E EVERARD MERCHANDISER 50.00 X 103656 0 4275 KYLE HILLHOUSE FOOD & BEVERAGE MANAGER 50.00 X 110889 0 4503 LANCE O MISSILDINE TENNIS INSTRUCTOR 50.00 X 107091 0 4284 JOEL MYERS CHRO 50.00 X 118446 0 220 GLENN D SCAPIN HEAD GOLF PRO 50.00 X 121646 0 4866 4883325 0 217062 26 0 1 0 0 MEMBERSHIP FEES 713910 20902524 20902524 GOLF 713910 7748716 6452605 1296111 ATHLETICS 713910 1823827 1823827 TENNIS 713910 867327 852294 15033 LOCKER ROOMS 713910 240345 240345 106549 106549 31689288 327442 327442 7159487 4135462 3024025 1936762 1087263 OTHER INCOME 713910 200357 200357 200357 35241112 32515263 2725849 0 X 5100387 8111184 476332 214263 1084812 414895 3344020 1349783 GOLF SHOP 2483145 GOLF MAINTENANCE 1922170 UTILITIES 1140460 ATHLETICS 873511 5387231 31902193 4375156 6445534 3821011 4181897 1052877 1297330 935093 1536769 96063092 59162514 35363775 36900578 5009380 5259129 1930838 2509694 52488130 58130931 4219593 6552106 2017618 2340210 8448152 7893560 456197 600928 15141560 17386804 X 37346570 40744127 37346570 40744127 52488130 58130931 X 3338919 58638 X 0 1 X 1 0 1494891 1494891 52033188 34049327 17983861 30860246 22979130 7881116 7765880 2134057 5631823 3908887 3908887 36900578 SYNOVUS SECURITIES 5259129 C 5259129 DEFERRED COMPENSATION 600928 600928 33708086 4135462 4135462 29572624 5668488 5668488 35241112 36037655 4135462 4135462 31902193 0 31902193 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 4,135,462. PART XI, LINE 4B - OTHER ADJUSTMENTS: INITIATION FEES 3,975,155. TRANSFERS FROM DESIGNATED EQUITY 1,693,333. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,135,462. X 0 1 0 JAMES D TAYLOR DIRECTOR OF GOLF 247123 0 98500 0 148485 0 5339 0 15132 0 514579 0 0 0 DAVID A SHEPPARD CEO & GENERAL MANAGER 337500 0 103500 0 13052 0 22641 0 18150 0 494843 0 0 0 LUKUS HARVEY DIRECTOR OF AGRONOMY 269733 0 48500 0 10640 0 0 0 14080 0 342953 0 0 0 TONY E KELLEY CFO 237263 0 37500 0 1040 0 0 0 15094 0 290897 0 0 0 JEFFREY C CHANDLEY DIRECTOR OF TENNIS 99034 0 32500 0 134683 0 0 0 11909 0 278126 0 0 0 SHAWN T KOCH DIRECTOR OF GOLF INSTRUCTI 28169 0 10000 0 191258 0 0 0 0 0 229427 0 0 0 NEIL DOLDO FITNESS DIRECTOR 126699 0 27500 0 55654 0 0 0 8600 0 218453 0 0 0 JAMES W COLE DIRECTOR OF FACILITIES 176794 0 25000 0 3923 0 0 0 8989 0 214706 0 0 0 ERIC M DARIN EXECUTIVE CHEF 186697 0 16000 0 0 0 0 0 8548 0 211245 0 0 0 AUDRA V LUCAS CLUB MANAGER 163505 0 22500 0 1040 0 0 0 7774 0 194819 0 0 0 CHRISTOPHER MOORE GOLF INSTRUCTOR 33324 0 10000 0 135889 0 0 0 7431 0 186644 0 0 0 ERICA SMITH MEMBERSHIP DIRECTOR 117619 0 27500 0 1040 0 0 0 6080 0 152239 0 0 0 CARMEN GARCIA JERSILD ASST DIRECTOR OF TENNIS 48009 0 2500 0 95174 0 0 0 6039 0 151722 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 TENNIS 761,583. EQUIPMENT RENTAL & MAINTENANCE 749,938. GENERAL AND ADMINISTRATIVE 689,345. ENTERTAINMENT 598,405. FOOD & BEVERAGE 577,649. REPAIRS AND MAINTENANCE 484,980. PROPERTY TAXES 475,000. MISCELLANEOUS 464,516. SUPPLIES 152,978. AQUATICS 151,195. WORKERS COMPENSATION 89,574. CLUBROOMS 63,761. PRINTING & STATIONARY 50,762. LOCKER ROOM 45,557. TELEPHONE 20,383. POSTAGE 11,605. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS 58,638.