2026-01-15T13:47:57-06:00 2025-02-28 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2024-03-01 390671450 TRIPOLI COUNTRY CLUB TRIP 4143517200 7401 N 43RD STREET BROWN DEER WI 53209 DEVIN LOWE GENERAL MANAGER 4143517200 2026-01-14 1 1 BRIAN MECHENICH P00976753 4142717800 2024 2025-03-06 01:10:19Z X UNIVERSITY CLUB OF MILWAUKEE INC DEVIN LOWE 7401 N 43RD STREET BROWN DEER WI 53209 10709403 0 X WWW.TRIPOLICC.COM X 1898 WI TRIPOLI COUNTRY CLUB IS A PRIVATE CLUB WITH A FULL CONTINUUM OF OFFERINGS FOR EVERY OF THE FAMILY. 13 13 217 12 44546 8663 0 0 7943241 5155228 0 344786 1501787 -236972 9445028 5263042 0 0 0 0 4727807 2020265 0 0 0 3503729 2832566 8231536 4852831 1213492 410211 11816323 9375206 9434614 6187286 2381709 3187920 TO PROVIDE RECREATIONAL AND SOCIAL ACTIVITIES TO CLUB MEMBERS AND THEIR GUESTS. 0 0 FOOD AND BEVERAGE SERVICE, GOLF, TENNIS, AQUATIC ACTIVITIES AND GOLF SIMULATOR. 0 0 0 0 0 0 1 0 0 1 0 0 1 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 14 0 1 217 1 1 1 0 0 0 0 117000 197300 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JEFF PODBIELSKI 4144105703 7401 N 43RD STREET BROWN DEER WI 53209 PETER DUBACK PRESIDENT 1.00 X X 0 0 0 MIKE HONKAMP VICE PRESIDENT 1.00 X X 0 0 0 THOMAS POPALISKY SECRETARY 1.00 X X 0 0 0 JOHN BARRY TREASURER 1.00 X X 0 0 0 JIM CARAGHER IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 LISA ELLEGARD MEMBERSHIP 1.00 X 0 0 0 JAMES GREER ADVISORY 1.00 X 0 0 0 JONATHAN HAEDT CHAIR 1.00 X 0 0 0 REBECCA HARTZEL AT LARGE 1.00 X 0 0 0 DAN HEICHEL EAGLES FOR CHILDREN/GOLF 1.00 X 0 0 0 MICHELLE HOWENSTEIN A&R SOCIAL 1.00 X 0 0 0 JAMIE REEVE SOCIAL 1.00 X 0 0 0 SEBASTIAN THACHENKARY MARKETING 1.00 X 0 0 0 CARL GRANBERG GENERAL MANAGER - THROUGH JULY 2024 40.00 X 140805 0 4453 DAVID HALL INTERIM GENERAL MANAGER 40.00 X 0 0 0 DEVIN LOWE GENERAL MANAGER 40.00 X 0 0 0 JAMES BOWMAN EXECUTIVE CHEF 40.00 X 137879 0 14801 RYAN MUMPER GROUNDS SUPERINTENDENT 40.00 X 116142 0 6598 JEFFREY PODBIELSKI CONTROLLER/HR MANAGER 40.00 X 113395 0 164 MICHELLE MEIER-JOHNSON MARKETING DIRECTOR 40.00 X 102223 0 7536 610444 0 33552 5 0 1 0 SELZER-ORNST CONSTRUCTION COMPANY LLC 6222 WEST STATE STREET MILWAUKEE WI 53213 SUPERVISION OF RENOVATION IMPROVEMENTS 721951 ASH GOLF SHOP 7401 N 43RD STREET BROWN DEER WI 53209 OPERATES GOLF PRO SHOP 492805 TROON GOLF LLC 15044 NORTH SCOTTSDALE ROAD SUITE 3 SCOTTSDALE AZ 85254 MANAGMENT SERVICES 259025 3 X DUES 713910 3658058 3658058 GOLF, PROSHOP AND LOCKER ROOMS 713910 619359 519378 99981 EVENTS 713910 502364 502364 OPERATING ASSESSMENT 713910 136620 136620 INITIATION FEES 713910 117000 117000 121827 121827 5155228 63406 12416 50990 4259262 3977882 281380 281380 281380 545027 1468479 -923452 -817027 -106425 INSURANCE PROCEEDS FROM SETTLEMEN 900099 594324 594324 OTHER REVENUE 900099 80339 80339 MINIMUM NON-USE CHARGE 900099 11817 11817 686480 5263042 4543833 44546 674663 145258 1489944 16051 116704 252308 308029 35910 13083 165329 49442 92426 101904 311053 25562 219995 356961 99395 UNRELATED BUSINESS INCO -1317 GOLF AND GROUNDS 356126 LEASE EXPENSE 226751 MISCELLANEOUS EXPENSES 192644 279273 4852831 2331340 1409575 816628 706386 786625 68819 58703 240339 164473 18132605 13155352 7961483 4977253 507956 1161949 11816323 9375206 1506341 777709 3019733 1995844 4908540 2116306 0 0 1297427 9434614 6187286 X 0 0 0 0 2381709 3187920 2381709 3187920 11816323 9375206 410211 396000 0 X 1 X 0 1 0 0 282387 282387 14405385 10392342 4013043 3384190 2763010 621180 60643 60643 4977253 FINANCE LEASE RIGHT OF USE ASSET 1161949 1161949 MEMBERSHIP CERTIFICATES PAYABLE 96000 DEPOSITS ON MEMBERSHIPS 22500 FINANCE LEASE LIABILITY 1178927 1297427 X PART III, LINE 1A: THE CLUB OWNS A COLLECTION OF ART AND OTHER HISTORICAL ITEMS. AS PERMITTED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA ("GAAP"), THE CLUB HAS ELECTED NOT TO RECORD SUCH ASSETS IN THE FINANCIAL STATEMENTS OF THE CLUB. THERE HAVE BEEN NO PURCHASES OR SALES RELATED TO THE COLLECTION IN 2024 OR 2023. PART X, LINE 2: THE CLUB HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIRED. MANAGEMENT OF THE CLUB EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CLUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. 0 0 0 JAMES BOWMAN EXECUTIVE CHEF 137879 0 0 0 0 0 0 0 14801 0 152680 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 299 TOTAL MEMBERS. UNDER THE CLUB'S BYLAWS, MOST CLUB MEMBERSHIP CATEGORIES HAVE VOTING RIGHTS WHICH PERTAIN TO ELECTION OF DIRECTORS, SALES OF ASSETS WITH A FAIR VALUE EXCEEDING $500,000, CHANGES IN THE BYLAWS WHICH IMPACT MEMBER VOTING RIGHTS, MEMBER AND DISSOLUTION OF THE CLUB. MOST GOLF MEMBERSHIP CATEGORIES HAVE (1) VOTE ON ALL MATTERS COMING BEFORE THE MEMBERS AND MOST NON-GOLF MEMBERSHIP CATEGORIES HAVE ONE-THIRD (0.33) VOTE ON SUCH MATTERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WITH AUTHORITY TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS MUST APPROVE ANY ASSET SALES WITH A FAIR VALUE OVER $500,000 AND ANY BY-LAW CHANGES WHICH MODIFY MEMBER VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TREASURER AND FINANCE COMMITTEE WILL REVIEW THE RETURN BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONSISTENT OVERSIGHT BY THE GOVERNING BODY THROUGH ANNUAL DECLARATION. FORM 990, PART VI, SECTION B, LINE 15 DETERMINED BY THE DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC, AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART VIII, LINE 7D THE ORGANIZATION SOLD ITS DOWNTOWN CLUB BUILDING WHICH WAS USED MAINLY BY MEMBERS. THE PROPERTY HAD, IN THE PAST, BEEN SUBJECT TO TAX ON FORM 990-T AND AS SUCH THE PROPERTY SALE WOULD ALSO BE SUBJECT TO THE THE SAME. THE ORGANIZATION SOLD THE PROPERTY ON 6/18/2024 FOR $4,250,000 WITH $78,131 OF CLOSING COSTS. THE CLUB REINVESTED $353,124 1 YEAR BEFORE THE SALE AND $1,303,862 DURING THE FIRST YEAR AFTER THE SALE. THE REMAINING $2,514,883 WILL BE REINVESTED BY THE CLUB PRIOR TO 6/18/2027. AS SUCH, UNDER CODE SECTION 512(A)(3)(D), THE GAIN IS BEING EXCLUDED FROM TAXATION ON FORM 990-T.