2026-09-15T16:01:27-05:00 2025-10-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2024-11-01 592539217 STONEBRIDGE GOLF AND COUNTRY CLUB OF BOCA RATON INC STON 5614880800 10343 STONEBRIDGE BOULEVARD BOCA RATON FL 33498 JONAS STEINBERG PRESIDENT OF BOARD OF GOVERNORS 5614880800 2026-09-14 1 1 TINA HENTON P00630282 4078021200 2026-09-14 2024 JONAS STEINBERG 10343 STONEBRIDGE BOULEVARD BOCA RATON FL 33498 15011580 0 X WWW.STONEBRIDGEFL.COM X 1985 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 174 100 821732 360457 0 0 11131610 11899895 -1726939 244669 1635535 803567 11040206 12948131 0 0 0 0 7457780 8240015 0 0 0 7170015 6651975 14627795 14891990 -3587589 -1943859 23928689 26653482 9729179 9686065 14199510 16967417 STONEBRIDGE GOLF & COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 STONEBRIDGE GOLF AND COUNTRY CLUB PROVIDES GOLF FACILITIES FOR ITS MEMBERS WITH A COMMON BOND. TOTAL ROUNDS OF GOLF FOR THE YEAR ENDING 10/31/25 WAS 32,296 OF WHICH 29,382 WERE MEMBER RELATED. STONEBRIDGE GOLF AND COUNTRY CLUB PROVIDES A RESTAURANT AND BAR FOR ITS MEMBERS. TOTAL FOOD AND BEVERAGE FOR THE YEAR ENDING 10/31/25 WAS $2,372,438 OF WHICH $2,156,755 WERE MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 1 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 27 0 1 174 1 1 1 0 0 0 1 1 3046647 507297 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X JOEY REDMAN 5614880800 10343 STONEBRIDGE BOULEVARD BOCA RATON FL 33498 DAN BRUMBACK PRESIDENT (THRU 6/25) 2.50 X X 0 0 0 JONAS STEINBERG PRESIDENT (AS OF 7/25) 2.50 X X 0 0 0 JEFFREY SCHAEFFER VICE PRESIDENT (THRU 3/25) 2.50 X X 0 0 0 STUART RUTENBERG VICE PRESIDENT (AS OF 6/25) 2.50 X X 0 0 0 LEN HORNSTEIN SECRETARY 2.50 X X 0 0 0 JOHN DISTEFANO SECRETARY (AS OF 7/25) 2.50 X X 0 0 0 ROBERT MODANSKY TREASURER 2.50 X X 0 0 0 NANCY ARONSON GOVERNOR 2.50 X 0 0 0 ESTHER COHEN GOVERNOR (AS OF 7/2025) 2.50 X 0 0 0 SUSAN LEHMAN GOVERNOR (THRU 3/25) 2.50 X 0 0 0 FREDERIC NEIKRUG GOVERNOR (THRU 6/25) 2.50 X 0 0 0 STEVEN RABINOFF GOVERNOR (AS OF 7/2025) 2.50 X 0 0 0 GARTH ROGERS GOVERNOR (THRU 6/25) 2.50 X 0 0 0 HOWARD WEISS GOVERNOR (THRU 6/25) 2.50 X 0 0 0 DREW WILDSTIEN GOVERNOR (AS OF 7/2025) 2.50 X 0 0 0 JOEY REDMAN MANAGING DIRECTOR OF FINANCE/CHIEF ADMIN OFFICER 50.00 X 166100 0 10200 JAVIER LAURIE EXECUTIVE CHEF AND MANAGING DIRECTOR OF CULINARY 50.00 X 213100 0 10200 JEFF HALL MANAGING DIRECTOR OF SPORTS AND FACILITIES 50.00 X 196100 0 10200 JOSEPH FIGURELLA GOLF COURSE SUPERINTENDENT 50.00 X 147200 0 10200 JILL SHEAHAN DIRECTOR OF RACQUET SPORTS 50.00 X 111900 0 10200 FRED OTT CLUBHOUSE MANAGER 50.00 X 132600 0 10200 967000 0 61200 6 0 1 0 0 MEMBER DUES & FEES 713910 10430344 10430344 GOLF ACTIVITIES 713910 632656 475074 157582 TENNIS AND FITNESS 713910 228196 228196 MIN SPENDING 713910 147322 147322 461377 461377 11899895 389409 389409 1000 145740 -144740 -144740 -144740 2721276 1917709 803567 528826 274741 12948131 12271139 821732 -144740 173200 6688994 12179 768852 596790 19947 464861 72431 31128 109906 854872 23343 21095 410382 1039131 471554 GOLF OPERATIONS EXPENSE 809009 EQUIPMENT LEASE AND MAI 648250 SUPPLIES 481870 CLUBHOUSE EXPENSE 431288 762908 14891990 1674504 2431387 3000747 1790921 307012 259179 508724 482958 258980 46365 39031481 23855240 14704825 15176241 3033980 5927203 439917 539228 23928689 26653482 2093468 2199045 351542 425743 7094664 6528173 189505 533104 9729179 9686065 X 14199510 16967417 14199510 16967417 23928689 26653482 X -1943859 -39247 4751013 X X 0 1 X 1 0 4877492 4877492 24610339 19041268 5569071 7997726 4813972 3183754 1545924 1545924 15176241 LONG-TERM INVESTMENTS 5927203 C 5927203 LEASE LIABILITY 533104 533104 X 14806646 -39247 -39247 14845893 19947 -1917709 -1897762 12948131 16789752 1917709 1917709 14872043 19947 19947 14891990 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS EXEMPTED THE CLUB FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE TAX REFORM ACT OF 1969 IMPOSED A CORPORATE INCOME TAX ON THE UNRELATED BUSINESS TAXABLE INCOME OF AN OTHERWISE TAX-EXEMPT CLUB. PROVISION, IF ANY, FOR APPLICABLE STATE AND FEDERAL INCOME TAXES IS MADE IN ACCORDANCE WITH THESE STATUTES. THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FASB ASC. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -1,917,709. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,917,709. X X 0 0 0 JAVIER LAURIE EXECUTIVE CHEF AND MANAGING DIRECTOR 190000 0 12000 0 11100 0 0 0 10200 0 223300 0 0 0 JEFF HALL MANAGING DIRECTOR OF SPORTS AND FACI 175000 0 10000 0 11100 0 0 0 10200 0 206300 0 0 0 JOEY REDMAN MANAGING DIRECTOR OF FINANCE/CHIEF A 145000 0 10000 0 11100 0 0 0 10200 0 176300 0 0 0 JOSEPH FIGURELLA GOLF COURSE SUPERINTENDENT 140000 0 5000 0 2200 0 0 0 10200 0 157400 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 DURING THE TAX YEAR, THE ORGANIZATION ADOPTED AMENDED AND RESTATED BYLAWS, WHICH SUPERSEDED THE ORGANIZATION'S PRIOR BYLAWS. THE RESTATEMENT INCLUDED THE FOLLOWING SIGNIFICANT CHANGES TO THE ORGANIZATION'S GOVERNING DOCUMENTS: 1) GOVERNING BODY COMPOSITION: THE SIZE OF THE BOARD OF GOVERNORS WAS FIXED AT NINE (9) MEMBERS, REPLACING THE PRIOR RANGE OF NINE (9) TO THIRTEEN (13) MEMBERS. 2) GOVERNOR QUALIFICATIONS: THE REQUIREMENT THAT A CANDIDATE MUST HAVE PREVIOUSLY SERVED ON A COMMITTEE FOR AT LEAST ONE YEAR IN ORDER TO STAND FOR ELECTION WAS REMOVED. 3) MEMBER MEETINGS: THE PRIOR STRUCTURE OF TWO SEPARATE ANNUAL MEMBER MEETINGS WAS CONSOLIDATED INTO A SINGLE ANNUAL MEETING, SUPPLEMENTED BY ONE OR MORE INFORMATIONAL MEETINGS. 4) VOTING RIGHTS AND PROCEDURES: THE BYLAWS WERE AMENDED TO PERMIT VOTING BY PROXY AND BY ELECTRONIC MEANS, AND TO ALLOW ACTION BY WRITTEN CONSENT, IN PLACE OF THE PRIOR SECRET-BALLOT-ONLY PROCEDURES. 5) COMMITTEE STRUCTURE: THE COMMITTEE FRAMEWORK WAS RESTRUCTURED, INCLUDING THE ADDITION OF AN EXECUTIVE COMMITTEE (AUTHORIZED TO ACT ON BEHALF OF THE BOARD UNDER SPECIFIED CIRCUMSTANCES) AND AN AUDIT COMMITTEE. 6) CONFLICT OF INTEREST PROVISIONS: THE CONFLICT-OF-INTEREST PROVISIONS WERE STRENGTHENED TO REQUIRE FULL DISCLOSURE OF THE INTEREST, MANDATORY ABSTENTION FROM DISCUSSION AND VOTING BY THE INTERESTED PARTY, AND DOCUMENTATION OF SUCH MATTERS IN THE MEETING MINUTES. 7) BOARD FINANCIAL AUTHORITY: THE BOARD'S AUTHORITY TO LEVY OPERATING AND CAPITAL ASSESSMENTS WAS REVISED, INCLUDING CHANGES TO THE APPLICABLE SPENDING THRESHOLDS AND THE ADDITION OF ASSESSMENT AUTHORITY RELATED TO NATURAL DISASTERS. 8) OFFICERS AND MANAGEMENT: THE ROLE, DUTIES, AND AUTHORITY OF THE GENERAL MANAGER WERE FORMALIZED WITHIN THE BYLAWS. 9) AMENDMENT PROCEDURE: THE PROCEDURE FOR AMENDING THE BYLAWS WAS REVISED TO REQUIRE APPROVAL BY BOTH A MAJORITY OF THE FULL BOARD OF GOVERNORS AND A MAJORITY OF THE VOTES CAST BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: GOLF EQUITY MEMBERS HAVE 2 VOTES PER MEMBERSHIP; SOCIAL EQUITY MEMBERS HAVE 1 VOTE PER MEMBERSHIP; GOLF-X MEMBERS HAVE 1 VOTE PER MEMBERSHIP; NON-EQUITY SOCIAL MEMBERS HAVE 1/2 VOTE PER MEMBERSHIP; ANNUAL, PREFERRED GOLF, AND TENNIS MEMBERS HAVE NO VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7B CAPITAL EXPENDITURES ARE LIMITED TO 8% OF GROSS REVENUE ANUALLY; MEMBERSHIP APPROVAL IS NEEDED BEYOND THAT LIMIT AND ON INDIVIDUAL PROJECTS GREATER THAN 2.5% OF GROSS REVENUE. CHANGES TO THE BY-LAWS REQUIRE THE APPROVAL OF THE MEMBERS ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER OF THE BOARD OF GOVERNORS WILL REVIEW AS WELL AS THE FINANCE COMMITTEE. THE TREASURER WILL GIVE FINAL APPROVAL AND RETURN WILL BE SIGNED BY THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C WHENEVER A GOVERNOR OR OFFICER HAS A FINANCIAL OR PERSONAL INTEREST, DIRECTLY OR INDIRECTLY (SUCH AS THROUGH A FAMILY MEMBER OR AN ENTITY WITH WHICH HE, SHE OR THEY ARE AFFILIATED), IN ANY MATTER COMING BEFORE THE BOARD OR DESIRES TO TRANSACT WITH THE CLUB AS A VENDOR, PURCHASER OR OTHERWISE, THE AFFECTED GOVERNOR OR OFFICER SHALL A) FULLY DISCLOSE THE NATURE OF THE INTEREST IN THE MATTER OR TRANSACTION AND B) ABSTAIN FROM DISCUSSION, LOBBYING AND VOTING ON THE MATTER OR TRANSACTION. ANY TRANSACTION OR VOTE INVOLVING A CONFLICT OR POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED GOVERNORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE CLUB TO DO SO. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION, THE VOTES CAST AND THE BOARD'S RATIONALE FOR ITS DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL WAS REVIEWED AND APPROVED BY THE BOARD, ACTING THROUGH MEMBERS WHO HAD NO CONFLICT OF INTEREST WITH RESPECT TO THE ARRANGEMENT, BASED ON COMPARABILITY DATA INCLUDING A COMPENSATION SURVEY OR STUDY OF SIMILARLY SITUATED ORGANIZATIONS, AND THE DELIBERATION AND DECISION WERE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE CLUB'S WEBSITE, UPON REQUEST, AND ARE MADE AVAILABLE FOR INSPECTION AT THE CLUB. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND AVAILABLE FOR INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: MEMBERSHIP ACTIVITY INCLUDING TRANSFER FEES, NET 2,500. CAPITAL FUND 103,250. INITIATION FEES 2,943,397. RENOVATION ASSESSMENTS 1,701,866. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.