2026-08-05T11:09:34-05:00 2025-09-30 994625061 CRI ADVISORS LLC 33 SW FLAGLER AVENUE STUART FL 34994 990 2024-10-01 650302339 GRAND HARBOR GOLF & BEACH CLUB INC GRAN 7727789000 4985 CLUB TERRACE VERO BEACH FL 32967 DOUGLAS GERMER TREASURER 7727789000 2026-08-05 1 1 JOSEPH RISSE CPA P00708318 7722832356 2026-07-29 2024 2025-03-06 01:10:19Z MICHAEL GIBSON 4985 CLUB TERRACE VERO BEACH FL 32967 21101917 0 X WWW.HTTPS://GRANDHARBOR.COM/ X 1991 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION 9 9 301 9 1477965 479428 0 0 12935517 15185525 353652 452944 2668624 2791334 15957793 18429803 0 0 0 0 9724803 10838981 0 0 0 8537039 9792284 18261842 20631265 -2304049 -2201462 46260518 52797420 22163611 25392700 24096907 27404720 THE GRAND HARBOR GOLF & BEACH CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE INTERACTION OF MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDES FOOD, BEVERAGE, GOLF, TENNIS, FITNESS/POOL/BEACH FACILITIES AND SERVICES TO APPROXIMATELY 900 MEMBERS. 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 1 153 0 1 301 1 1 1 0 0 0 1 1 0 1338992 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X JENNIFER MOORE 7727789000 4985 CLUB TERRACE VERO BEACH FL 32967 TIM CUTLER PRESIDENT 1.00 X X 0 0 0 JOSEPH POJANOWSKI VICE PRESIDENT 1.00 X X 0 0 0 KIM STROM SECRETARY 1.00 X X 0 0 0 DOUG GERMER TREASURER 1.00 X X 0 0 0 SIMON CALDECOTT GOVERNOR 1.00 X 0 0 0 ROGER ANDRUS GOVERNOR 1.00 X 0 0 0 TIM KEITHAHN GOVERNOR 1.00 X 0 0 0 WILLIAM LUDWICK GOVERNOR 1.00 X 0 0 0 JEANINE NESTOR GOVERNOR 1.00 X 0 0 0 MICHAEL GIBSON COO & GENERAL MANAGER & CE 45.00 X 514317 0 13224 JENNIFER MOORE CFO 45.00 X 183650 0 13278 JOSH BREDA DIRECTOR OF AGRONOMY 45.00 X 182406 0 13803 TROY PARE DIRECTOR OF GOLF 45.00 X 176538 0 14063 SHAIN RODRIGUES ASSISANT GM 45.00 X 184392 0 15959 JOE FERRO EXECUTIVE CHEF 45.00 X 170684 0 6304 MATTHEW DEPINO DIRECTOR OF FACILITIES 45.00 X 165153 0 13822 1577140 0 90453 7 0 1 0 GTI GOLF LLC 8461 LAKE WORTH RD SUITE 442 LAKE WORTH FL 33467 CONTRACTOR - GOLF COURSE 2172500 PROCTOR CONSTRUCTION 2050 US HWY 1 SUITE 200 VERO BEACH FL 32960 GENERAL CONTRACTOR 1070806 TIDELINE STAFFING PO BOX 823461 PHILADELPHIA PA 19182 CONTRACT LABOR 338314 BARNETT MANAGEMENT PO BOX 823473 PHILADELPHIA PA 19182 CONTRACT LABOR 308846 CORPORATE HOUSIN GPROS 5944 CORAL RIDGE DR SUITE 183 CORAL SPRINGS FL 33076 EMPLOYEE/H2B HOUSING 296949 5 MEMBERSHIP DUES 713910 13187450 13187450 GOLF INCOME 713910 1696638 1333867 362771 TENNIS TOURNAMENT 711210 275623 275623 TENNIS INCOME 611600 25814 25814 15185525 494019 494019 36916 77991 -41075 -41075 -41075 5211652 2594123 2617529 2271977 345552 OTHER INCOME 713910 173805 173805 173805 18429803 16992913 1477965 -41075 754676 8434519 94356 1555430 255076 222733 2304726 946893 INCOME TAXES 76163 GOLF COURSE MAINTENANCE 1963873 GENERAL & ADMINISTRATIV 1177969 BUILDING MAINTENANCE 1047797 1797054 20631265 10398104 14475070 5679413 6929257 549849 621251 456252 551048 750610 655872 38511714 10237590 26715318 28274124 1710972 1290798 46260518 52797420 1792128 2148157 12028752 12635462 7193144 4722565 1149587 5886516 22163611 25392700 X 24096907 27404720 24096907 27404720 46260518 52797420 X -2201462 5509275 X X 0 1 X 1 0 1216917 1216917 29477298 7469987 22007311 5668436 2767603 2900833 2149063 2149063 28274124 37545 MEMBERSHIP DEPOSITS 3548000 LEASE LIABILITIES 2300971 5886516 X 21065001 0 21065001 -2635198 -2635198 18429803 23266463 2635198 2635198 20631265 0 20631265 PART X, LINE 2: THE CLUB UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF SEPTEMBER 30, 2025, THE CLUB HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CLUB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -2,594,123. LOSS ON PROPERTY AND EQUIPMENT -41,075. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 2,594,123. LOSS ON PROPERTY AND EQUIPMENT 41,075. X X 0 0 0 MICHAEL GIBSON COO & GENERAL MANAGER & CE 447567 0 66750 0 0 0 11904 0 1320 0 527541 0 0 0 SHAIN RODRIGUES ASSISANT GM 167892 0 16500 0 0 0 7312 0 8647 0 200351 0 0 0 JENNIFER MOORE CFO 163587 0 20063 0 0 0 5618 0 7660 0 196928 0 0 0 JOSH BREDA DIRECTOR OF AGRONOMY 168962 0 13444 0 0 0 0 0 13803 0 196209 0 0 0 TROY PARE DIRECTOR OF GOLF 160788 0 15750 0 0 0 0 0 14063 0 190601 0 0 0 MATTHEW DEPINO DIRECTOR OF FACILITIES 150269 0 14884 0 0 0 0 0 13822 0 178975 0 0 0 JOE FERRO EXECUTIVE CHEF 155302 0 15382 0 0 0 5052 0 1252 0 176988 0 0 0 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 MEMBER CATEGORIES HAVE VOTING PRIVILEGES: FULL (4 VOTES), GOLF, SPORTS AND GOLF & TENNIS (3 VOTES), TENNIS-SOCIAL AND TENNIS (2 VOTES), AND SOCIAL (1 VOTE). ALL HAVE VOTING RIGHTS ON MATTERS PERTAINING TO THEIR MEMBERSHIP CATEGORY. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF GOVERNORS IS RESTRICTED TO INDEBTEDNESS NOT TO EXCEED $500,000 AND CAPITAL PROGRAMS NOT TO EXCEED $1,000,000 IN ANY ONE (1) FISCAL YEAR UNLESS APPROVED BY A MAJORITY VOTE OF THE MEMBERS. THIS RESTRICTION APPLIES TO SPENDING RELATED TO CAPITAL PROGRAMS FOR FACILITIES, PROPERTY AND EQUIPMENT REPLACEMENT, IMPROVEMENTS, AND ADDITIONS ("CAPITAL PROGRAMS"). ASSESSMENTS TO FUND FACILITIES, PROPERTY AND EQUIPMENT REPLACEMENTS, IMPROVEMENTS AND ADDITIONS AND INDEBTEDNESS USED TO FUND SUCH CAPITAL EXPENDITURES ("CAPITAL ASSESSMENTS"), MAY BE MADE ONLY AFTER BEING APPROVED BY A MAJORITY VOTE OF THE VOTING MEMBERS IF THE TOTAL AMOUNT OF CAPITAL ASSESSMENTS BEING IMPOSED IS $500,000 OR MORE PER MEMBERSHIP YEAR. THE CAPITAL ASSESSMENT SHALL BE ALLOCATED AMONG THE VOTING MEMBERS AS DETERMINED BY THE BOARD OF GOVERNORS. THE ANNUAL ELECTION AND BY LAW CHANGES ALSO REQUIRE MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER AND DELEGATED MEMBERS OF THE FINANCE COMMITTEE. THE TREASURER AND FINANCE COMMITTEE REVIEW THE ENTIRE FORM 990 WITH ITS OUTSIDE CPA PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C VENDORS KNOWN TO THE INDUSTRY ARE VETTED AND USED IN DAY TO DAY OPERATIONS; CLUB DOES NOT UTILIZE MEMBER AFFILIATED COMPANIES TO PROVIDE CLUB SERVICES; COMMITTEES MAKE RECOMMENDATIONS AS CONSULTANTS OR ADVISORS BUT BOG APPROVES RECOMMENDATIONS. GENERAL MANAGER OVERSEES DECISIONS AND RECOMMENDATIONS OF DEPARTMENT HEADS. BOARD OF GOVERNORS AND GENERAL MANAGER SUBSCRIBE TO A CODE OF ETHICS TO NOT PARTICIPATE IN PROHIBITIVE, FRAUDULENT OR ACTIVITIES INCLUDING THE MISAPPROPRIATION OF FUNDS, CLUB PROPERTY, SERVICES, OR ERRONEOUS BILLINGS. FORM 990, PART VI, SECTION B, LINE 15 COMPETITIVE STUDIES GATHERED AND SUMMARIZED FOR THE GENERAL MANAGER AND COMMITTEE CHAIR; RECOMMENDATIONS FOR COMPENSATION MADE AND PROVIDED DURING BUDGETING PROCESS; BOARD APPROVAL GIVEN THROUGH APPROVAL OF BUDGET. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB HAS COPIES OF ITS GOVERNING DOCUMENTS AVAILABLE FOR INSPECTION AT THE CLUB. THE CLUB DOES NOT MAKE COPIES OF ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE CLUB HAS COPIES OF THE CONFLICT OF INTEREST POLICY AVAILABLE FOR INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES ISSUED 4,513,833. MEMBERSHIP CERTIFICATES REDEEMED -1,091,400. CAPITAL CONTRIBUTIONS 2,086,842. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE'S RESPONSIBILITIES AND PROCESSES FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR HAVE NOT CHANGED FROM THE PREVIOUS YEAR.