2026-02-24T10:47:48-06:00 2025-03-31 341310124 REA & ASSOCIATES INC 5400 FRANTZ RD SUITE 200 DUBLIN OH 43016 990 2024-04-01 340129600 CANTERBURY GOLF CLUB INC CANT 2165611000 22000 SOUTH WOODLAND ROAD CLEVELAND OH 44122 MICHAEL LUKEGORD GENERAL MANAGER 2165611000 2026-02-24 1 1 MELISSA DUNKLE CPA P01380769 6148898725 2026-02-24 2024 2025-03-06 01:10:19Z FRANK DEFINO 22000 SOUTH WOODLAND ROAD CLEVELAND OH 44122 9444962 0 X WWW.CANTERBURYGC.ORG X 1921 OH PROVISION OF SOCIAL AND RECREATIONAL ACTIVITIES FOR ITS MEMBERS. 7 7 265 7 582201 0 0 0 8151655 8684344 22235 25722 253537 282198 8427427 8992264 0 0 0 0 4074991 4726377 0 0 0 4561394 4137316 8636385 8863693 -208958 128571 3325367 13142123 4942913 4785793 -1617546 8356330 PROVISION OF SOCIAL AND RECREATIONAL ACTIVITIES FOR ITS MEMBERS. 0 0 CANTERBURY GOLF COURSE, DESIGNED BY HERBERT STRONG, IS NATIONALLY RECOGNIZED AS ONE OF THE 50 FOREMOST GOLF COURSES IN THE UNITED STATES AND ONE OF THE FINEST COURSES IN OHIO. NOW OVER 100 YEARS OLD, CANTERBURY SERVES OVER 400 MEMBERS WITH ITS CHAMPIONSHIP COURSE, ELEGANT CLUBHOUSE, POOL, PLATFORM TENNIS, AND OTHER AMENITIES. CANTERBURY GOLF CLUB IS THE SECOND U.S. CLUB TO HOST ALL FIVE MEN'S ROTATING MAJOR CHAMPIONSHIPS: THE PGA CHAMPIONSHIP, THE SENIOR PGA CHAMPIONSHIP, THE U.S. OPEN, THE SENIOR U.S. OPEN, AND THE U.S. AMATEUR. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 23 0 265 1 1 1 0 0 0 0 0 0 1243100 618492 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X THE ORGANIZATION 2165611000 22000 SOUTH WOODLAND ROAD CLEVELAND OH 44122 FRANK DEFINO PRESIDENT 4.00 X X 0 0 0 TIM MCCORMICK VICE PRESIDENT / SECRETARY 4.00 X X 0 0 0 JIM KEENE TREASURER / FINANCE LIASON 4.00 X X 0 0 0 BEAU HOLLOWELL ASSISTANT SECRETARY / RECO 4.00 X X 0 0 0 KAREN GILMORE MEMBERSHIP LIAISON 0.50 X 0 0 0 TJ MONICO GREEN COMMITTEE LIAISON 0.50 X 0 0 0 STEVE CIUNI HOUSE COMMITTEE LIAISON 0.50 X 0 0 0 JAMIE KEARNEY CONTROLLER 40.00 X 116638 0 3219 MICHAEL LUKEGORD GENERAL MANAGER 40.00 X 368008 0 9600 JASON CARBONE HEAD GOLF PROFESSIONAL 40.00 X 181663 0 0 MIKE LOPRESTI HEAD GREENS SUPERINTENDENT 40.00 X 196115 0 40666 862424 0 53485 4 0 1 0 0 MEMBERSHIP DUES & ASSE 713910 5028880 5028880 FOOD AND BEVERAGES 713910 2413311 2133948 279363 GREEN FEES (ACTIVITY F 713910 734473 510446 224027 USAGE FEES 713910 265760 265760 GOLF CART RENTAL (ACTI 713910 241920 207705 34215 8684344 25722 25722 2075 2075 662420 452698 209722 192923 16799 MEMBER LATE CHARGES AN 713910 70401 70401 70401 8992264 8410063 582201 0 484646 3412715 29410 443600 356006 62400 28310 181931 3916 26821 100450 1030430 140013 GROUNDS MAINTENANCE 2416245 CAPITAL IMPROVEMENTS 92492 MEMBER SERVICES 49605 INCOME TAX 4703 8863693 1018923 973709 120626 123182 1144084 1184792 354679 376282 384870 597111 19736514 9901829 198404 9834685 103781 52362 3325367 13142123 1007025 1261334 1257563 906064 2574544 2392283 103781 226112 4942913 4785793 X -1617546 8356330 -1617546 8356330 3325367 13142123 128571 9845305 0 X X 1 X 0 1 0 198403 198403 13882689 6184067 7698622 5655422 3717762 1937660 9834685 OPERATING LEASE LIABILITIES 52362 FINANCE LEASE LIABILITY 173750 226112 X PART X, LINE 2: THE CLUB ADOPTED THE PROVISIONS OF ASC 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" WHICH PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE AMOUNT OF BENEFIT THAT IS GREATER THAT 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE, IF ANY. AS A RESULT OF THE IMPLICATIONS OF THIS STANDARD, THE CLUB DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X X X X 0 0 0 MICHAEL LUKEGORD GENERAL MANAGER 368008 0 0 0 0 0 9600 0 0 0 377608 0 0 0 MIKE LOPRESTI HEAD GREENS SUPERINTENDENT 196115 0 0 0 0 0 5311 0 35355 0 236781 0 0 0 JASON CARBONE HEAD GOLF PROFESSIONAL 181663 0 0 0 0 0 0 0 0 0 181663 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIALS ARE DETERMINED AND APPROVED BY THE OFFICERS OF THE CLUB. CLUB MANAGER'S COMPENSATION IS DETERMINED BASED ON COMPARABLE SALARIES IN SIMILAR POSITIONS AND IS APPROVED BY THE BOARD. THE CONTROLLER'S AND HEAD GREENSKEEPER'S COMPENSATION IS DETERMINED BASED ON COMPARABLE SALARIES IN SIMILAR POSITIONS AND IS APPROVED BY THE CLUB MANAGER AND OFFICERS FORM 990, PART VI, SECTION A, LINE 6 THERE ARE CURRENTLY 11 CLASSES OF MEMBERSHIP OFFERED, CONFERRING DIFFERENT LEVELS OF PRIVILEGES FROM "RESIDENT MEMBERSHIP", WITH FULL GOLF CLUB PRIVILEGES TO, "SOCIAL MEMBERSHIP", WHICH CONFERS DINING, POOL, AND TENNIS/PADDLE PRIVILEGES AND SOME LIMITED GOLF PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A CANTERBURY GOLF CLUB, INC. DOES HAVE MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WHO HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THERE ARE GOVERNANCE DECISIONS OF THE CLUB RESERVED TO, OR SUBJECT TO APPROVAL BY, MEMBERS, STOCKHOLDERS, OR PERSONS OTHER THAN THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE CLUB'S CONTROLLER, GENERAL MANAGER, TREASURER, AND MEMBERS OF THE FINANCE COMMITTEE AND PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 ALL OFFICERS AND TRUSTEES ARE REQUIRED TO MAKE KNOWN ANY CONFLICTS OF INTEREST. ANY SUCH CONFLICTS WILL BE RESOLVED BY THE BOARD AND INDIVIDUALS INVOLVED SHALL ABSTAIN FROM VOTING ON ANY MATTERS WHICH INVOLVE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE TOP MANAGEMENT OFFICIALS ARE DETERMINED AND APPROVED BY THE OFFICERS OF THE CLUB. CLUB MANAGER'S COMPENSATION IS DETERMINED BASED ON COMPARABLE SALARIES IN SIMILAR POSITIONS AND IS APPROVED BY THE BOARD. THE CONTROLLER'S AND HEAD GREENSKEEPER'S COMPENSATION IS DETERMINED BASED ON COMPARABLE SALARIES IN SIMILAR POSITIONS AND IS APPROVED BY THE CLUB MANAGER AND OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 CURRENT GOVERNING DOCUMENTS, CURRENT FINANCIAL STATEMENTS, AND CURRENT FORM 990 ARE MADE AVAILABLE UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE DISTRIBUTED TO MEMBERSHIP ANNUALLY AND REVIEWED BY THE FINANCE COMMITTEE AND BOARD MONTHLY. GOVERNING DOCUMENTS AND BYLAWS ARE PUBLISHED ON THE CLUB WEBSITE. OVERSIGHT PROCESS: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS DURING THE YEAR.