2025-10-01T14:49:15-05:00 2025-03-31 621142155 PUGH & COMPANY PC 315 N CEDAR BLUFF RD SUITE 200 KNOXVILLE TN 37923 990 2024-04-01 620157080 CHEROKEE COUNTRY CLUB CHER 8655844637 PO BOX 10987 5138 LYONS VIEW PIK KNOXVILLE TN 37939 TRACEY PRINCE CHIEF FINANCIAL OFFICER 8655844637 2025-10-01 1 1 KELLY A TUCKER CPA P01015909 8657690660 2025-10-01 2024 2025-03-06 01:10:19Z TRACEY PRINCE PO BOX 10987 5138 LYONS VIEW PIKE KNOXVILLE TN 37939 20862805 0 X WWW.CHEROKEECOUNTRYCLUB.COM X 1907 TN TO PROVIDE RECREATIONAL FACILITIES AND ACTIVITIES FOR MEMBERS, THEIR FAMILIES, AND GUESTS. 12 12 427 0 247818 156497 0 0 12538732 13498722 143147 157497 609415 576790 13291294 14233009 0 0 0 0 5209822 5293834 0 0 0 6010929 6278190 11220751 11572024 2070543 2660985 37312125 39102373 10743851 9873114 26568274 29229259 TO ENRICH THE LIVES OF ITS MEMBERS AND THEIR FAMILIES BY PROVIDING THE FINEST IN DINING, SOCIAL AND RECREATIONAL INTERESTS IN A PRIVATE CLUB ENVIRONMENT. 0 0 FOUNDED IN 1907, CHEROKEE COUNTRY CLUB HAS A LONG TRADITION OF DEDICATION TO ENRICHING THE LIVES OF ITS MEMBERS AND THEIR FAMILIES BY PROVIDING THE FINEST IN DINING, SOCIAL AND RECREATIONAL INTERESTS IN A PRIVATE CLUB ENVIRONMENT. NESTLED ON A BEND IN THE TENNESSEE RIVER, WITH SWEEPING VIEWS OF THE SMOKY MOUNTAINS, CHEROKEE COUNTRY CLUB IS AN UNPRECEDENTED PRIVATE CLUB. IT FEATURES A BREATHTAKING 18-HOLE DONALD ROSS GOLF COURSE, TENNIS COURTS AND A SWIMMING POOL ALONG WITH AN EXTENSIVE CLUBHOUSE. HAVING JUST COMPLETED A MASSIVE RENOVATION, CHEROKEE COUNTRY CLUB TRULY IS KNOXVILLE'S PREMIERE PRIVATE CLUB.DURING FISCAL YEAR 2025, CHEROKEE COUNTRY CLUB SERVED APPROXIMATELY 999 MEMBERS, THEIR FAMILIES, AND GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 106 0 1 427 1 1 1 0 0 0 0 2967149 574092 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 1 1 1 0 X TRACEY PRINCE 8655844637 PO BOX 10987 5138 LYONS VIEW PIKE KNOXVILLE TN 37939 MICAH SHAWN WILKES CHIEF OPERATING OFFICER 40.00 X 421670 0 45072 TRACEY PRINCE CHIEF FINANCIAL OFFICER 40.00 X 188029 0 7992 NEAL STAPP DIRECTOR OF TENNIS 40.00 X 261825 0 19555 JASON LEPAGE DIRECTOR OF GOLF 40.00 X 198309 0 16885 STEVE ANDERSON DIRECTOR OF AGRONOMY 40.00 X 175481 0 22333 BLAKE PARRISH CLUBHOUSE MANAGER 40.00 X 127192 0 32974 WILLAIM ROACH PRESIDENT 1.00 X 0 0 0 W TODD STAMPER VICE PRESIDENT 1.00 X 0 0 0 DAIVD OWNBY TREASURER 1.00 X 0 0 0 DAVID PINCKNEY FORMER EXECUTIVE CHEF 40.00 X 119787 0 8636 LAURA DA PONTE SECRETARY 1.00 X 0 0 0 MARK WILLIAMS PAST PRESIDENT 1.00 X 0 0 0 TOM ZARGER SENIOR MEMBER 1.00 X 0 0 0 MATT REED JUNIOR MEMBER 1.00 X 0 0 0 BRUCE BOSSE DIRECTOR 1.00 X 0 0 0 BETSY CHILD DIRECTOR 1.00 X 0 0 0 BARABARA COOK DIRECTOR 1.00 X 0 0 0 KRISTOPHER KIMBALL DIRECTOR 1.00 X 0 0 0 TRACY THOMPSON DIRECTOR 1.00 X 0 0 0 1492293 0 153447 7 1 1 0 GREEN ARBOR SUPPLY 885 S PARKER RD ANN ARBOR MI 48103 SUPPLY 102161 1 MEMBER DUES/ASSESSMENTS 713910 11707105 11707105 GOLF 713910 833501 766743 66758 TENNIS 713910 535434 535434 OTHER 713910 422682 399119 23563 13498722 157497 157497 7206586 6629796 576790 576790 14233009 13985191 247818 0 617034 3341265 138167 637884 559484 22938 21875 116336 110677 94597 196688 543527 12244 65463 242161 2156071 253621 FEDERAL TAX - UBIT 49831 MEMBER EVENTS AND OTHER 927125 SUPPLIES 601784 REPAIRS & MAINTENANCE 420079 443173 11572024 3738238 6110377 1836239 1765355 1026993 1019331 13656 35967 44588143 15467277 30377298 29120866 60953 319701 989524 37312125 39102373 1842275 2190669 621303 652895 7576684 6507112 703589 522438 10743851 9873114 X 26568274 29229259 26568274 29229259 37312125 39102373 2660985 0 X 0 1 X 1 0 4526522 4526522 38961790 14820540 24141250 1099831 646737 453094 29120866 CAPITAL LEASE OBLIGATIONS 461485 DEFERRED COMPENSATION PLAN PAYABLE 60953 522438 X 15347040 6629796 6629796 8717244 5515765 5515765 14233009 17210655 6629796 6629796 10580859 991165 991165 11572024 PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON OPERATIONS UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). HOWEVER, THE CLUB IS SUBJECT TO FEDERAL TAXES ON CERTAIN INCOME. THE CLUB HAD AN INSIGNIFICANT AMOUNT OF UNRELATED BUSINESS TAXABLE INCOME FOR THE YEAR ENDED MARCH 31, 2025 AND 2024. THE CLUB FILES ANNUAL RETURNS OF ORGANIZATIONS EXEMPT FROM INCOME TAXES WITH THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,629,796. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAPTIAL FEES, DEBT REDUCTION FEES, INITIATION FEES 4,609,263. F&B SURCHARGE, HOUSE CHARGE-FOOD, & PRIVATE EVENT CHARGE 749,005. INTEREST INCOME 157,497. GAIN ON SALE OF ASSETS PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,629,796. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 242,161. RECLASS OF F&B SURCHARGE, HOUSE CHARGE-FOOD, & PRIVATE EVENT CHARGE 749,004. X X X X 0 1 0 MICAH SHAWN WILKES CHIEF OPERATING OFFICER 318021 0 103649 0 0 0 36800 0 8272 0 466742 0 0 0 TRACEY PRINCE CHIEF FINANCIAL OFFICER 172116 0 15913 0 0 0 7521 0 471 0 196021 0 0 0 NEAL STAPP DIRECTOR OF TENNIS 75000 0 1442 0 185383 0 11693 0 7862 0 281380 0 0 0 JASON LEPAGE DIRECTOR OF GOLF 173654 0 23365 0 1290 0 8632 0 8253 0 215194 0 0 0 STEVE ANDERSON DIRECTOR OF AGRONOMY 162308 0 13173 0 0 0 18239 0 4094 0 197814 0 0 0 DAVID PINCKNEY FORMER EXECUTIVE CHEF 117287 0 2500 0 0 0 5681 0 2955 0 128423 0 0 0 BLAKE PARRISH CLUBHOUSE MANAGER 122192 0 5000 0 0 0 25054 0 7920 0 160166 0 0 0 PART I, LINE 4B MICAH SHAWN WILKES - $23,000 STEVE ANDERSON - $10,000 BLAKE PARRISH - $20,000 FORM 990, PART VI, SECTION A, LINE 6 DURING FISCAL YEAR 2025, CHEROKEE COUNTRY CLUB SERVED APPROXIMATELY 1025 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT MEMBERS TO SERVE ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B ALL MAJOR DECISIONS OF THE BOARD OF DIRECTORS MUST BE APPROVED BY A MAJORITY OF THE ORGANIZATION'S MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY OF THE FORM 990 IS REVIEWED BY INTERNAL MANAGEMENT AND IS PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S OFFICER SALARIES ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. SALARY RECOMMENDATIONS ARE BASED ON COMPARABLE POSITIONS FROM AN ONLINE SALARY SURVEY DATABASE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XXI, LINE 2C THE FINANCE COMMITTEE OVERSEES THE AUDIT PROCESS. THE AUDITED FINANCIALS ARE PRESENTED TO THE FINANCE COMMITTEE EACH YEAR.