2026-03-13T08:46:25-05:00 2025-10-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2024-11-01 041943035 WALPOLE COUNTRY CLUB WALP 5086685868 233 BAKER STREET WALPOLE MA 02081 LEE OLIPHANT TREASURER 6178777897 2026-03-10 1 1 KERRI RAWCLIFFE P01398485 4016216200 2026-03-10 2024 2025-03-06 01:10:19Z LEE OLIPHANT 233 BAKER STREET WALPOLE MA 02081 7715987 0 X WWW.WALPOLECC.COM X 1927 MA WE ARE A PRIVATE COUNTRY CLUB OFFERING GOLF, FOOD AND BEVERAGE FACILITIES TO MEMBERS AND THEIR GUESTS. 10 10 131 60 165557 0 0 0 5731172 6200361 -28185 -11051 -254078 -594907 5448909 5594403 0 0 0 0 2338746 2467748 0 0 0 2143011 2380825 4481757 4848573 967152 745830 7535431 8147712 2937687 2835912 4597744 5311800 THE PURPOSE OF THE CLUB IS TO MAINTAIN A CLUB FOR THE ENCOURAGEMENT OF GOLF, ATHLETIC SPORTS AND SOCIAL ENJOYMENT FOR ITS MEMBERS AND GUESTS, TO PROVIDE AND MAINTAIN A CLUBHOUSE, GROUNDS AND SUCH OTHER FACILITIES, ACCOMMODATIONS AND CONVENIENCES AS MAY BE SUITABLE. 0 0 GOLF - TO PROVIDE MEMBERS WITH STATE-OF-THE-ART GOLFING FACILITIES. BEVERAGE AND RESTAURANT OPERATION - TO PROVIDE MEMBERS AND THEIR GUESTS WITH AN OPPORTUNITY FOR DINING AND SOCIALIZING. 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 4 0 1 131 1 1 1 0 0 0 0 510241 515574 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X MICHAEL MCGAHERN 5086685868 233 BAKER STREET WALPOLE MA 02081 X STEVE NEE PRESIDENT 20.00 X X 0 0 0 CRAIG NICHOLS VICE PRESIDENT 10.00 X X 0 0 0 THOMAS ALIGHIERI TREASURER 10.00 X X 0 0 0 GARY MINSKY SECRETARY 5.00 X X 0 0 0 STEVE BOUSH DIRECTOR 3.00 X 0 0 0 JULIE CORCORAN DIRECTOR 3.00 X 0 0 0 JOHN GUASPARI DIRECTOR 3.00 X 0 0 0 LEE OLIPHANT DIRECTOR 15.00 X 0 0 0 FRANK SAELI DIRECTOR 3.00 X 0 0 0 MATT WATSKY DIRECTOR 10.00 X 0 0 0 KEVIN WHALLEY SUPERINTENDENT 40.00 X 195907 0 0 MICHAEL MCGAHERN CONTROLLER 40.00 X 118504 0 0 BRETT CATON EXECUTIVE CHEF 40.00 X 118001 0 0 432412 0 0 4 0 1 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713910 4361638 4361638 GOLF OPERATIONS 713910 978836 808252 170584 CAPITAL FUNDING 713910 773301 773301 OTHER REVENUE 713910 51961 51961 LOCKER RENTAL 713910 34625 34625 6200361 593 593 11644 -11644 -11644 -11644 1515033 2109940 -594907 -589287 -5620 5594403 5428846 165557 0 184400 1866747 175374 241227 19103 61068 4439 53216 364187 14794 74644 598238 112491 UBI TAXES 161 CHEMICALS, SEED & FERTI 407006 REPAIR & MAINTENANCE 150823 SUPPLIES 93856 426799 4848573 259965 520258 213286 0 178760 382472 89950 91687 34486 64279 15355090 8284660 6708673 7070430 50311 18586 7535431 8147712 450569 477937 19001 2014927 2088229 472191 250745 2937687 2835912 X 4597744 5311800 4597744 5311800 7535431 8147712 745830 -31774 0 X X 0 1 X 1 0 1171120 1171120 4227239 3374549 852690 3017828 1931882 1085946 6938903 2978229 3960674 7070430 MEMBER REFUNDABLES 136822 FINANCE LEASE 113923 250745 X 7704343 2109940 2109940 5594403 0 5594403 6990287 2141714 2141714 4848573 0 4848573 PART X, LINE 2: UNCERTAINTY IN INCOME TAXES: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOD TO OCTOBER 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,109,940. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,109,940. UNREALIZED LOSS 31,774. X 0 0 0 KEVIN WHALLEY SUPERINTENDENT 195907 0 0 0 0 0 0 0 0 0 195907 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB'S MEMBERSHIP IS COMPRISED OF TWO CLASSES: VOTING AND NON-VOTING. VOTING MEMBERS HOLD THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF GOVERNORS (THE CLUB'S GOVERNING BODY). FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBERS HOLD THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS ARE VOTED ON BY THE MEMBERS OF THE CLUB SUCH AS VOTING MEMBER DUES, AMENDMENTS TO BY-LAWS AND ASSESSMENTS. FORM 990, PART VI, SECTION B, LINE 11B A COMMITTEE CONSISTING OF THE PRESIDENT, TREASURER, FINANCE COMMITTEE CHAIRMAN AND CLUB CONTROLLER WILL REVIEW THE FORM 990 IN ITS ENTIRETY PRIOR TO ITS FILING AND PROVIDE ANY COMMENTS OR RECOMMENDATIONS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, INCLUDING ALL PERTINENT FACTS OF THE ISSUE TO THE PRESIDENT AND BOARD OF GOVERNORS. THE PRESIDENT MUST DECIDE IF THE MATTER RISES TO THE LEVEL OF A CONFLICT AND PROCEED ACCORDINGLY. THE CONFLICTED MEMBER MUST RECUSE HIMSELF FROM DELIBERATIONS AND VOTING ABOUT THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE CLUB'S FINANCE COMMITTEE MAKES RECOMMENDATIONS ON COMPENSATION AS PART OF THE BUDGETING PROCESS. THE CLUB ALSO PROVIDES FREE DUES, FREE CARTS AND COMPLIMENTARY GUEST ROUNDS TO THE PRESIDENT AND FREE DUES TO THE TREASURER. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MAINTAINED WITHIN THE BUSINESS OFFICE AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, ITEM 2C THE ORGANIZATION'S FINANCE COMMITTEE HAS DIRECT OVERSIGHT AND RESPONSIBILITY FOR THE SELECTION OF ITS OUTSIDE CPA, AS WELL AS ITS ANNUAL FINANCIAL STATEMENT REVIEW. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 14 THE CLUB HAS IMPLEMENTED A DOCUMENT RETENTION POLICY. ALL CLUB DOCUMENTS RELATED TO FORMER MEMBERS, FORMER EMPLOYEES AND PAST BOARD MINUTES ARE BEING SCANNED AND STORED IN A SECURE FILE ON THE THE CLUB SHARE DRIVE. ONCE ALL FILES ARE STORED SECURELY, PAPER COPIES ARE SHREDDED AND DISPOSED OF.