2026-08-12T12:13:01-05:00 2025-09-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-10-01 592718435 THE BROKEN SOUND CLUB INC BROK 5612416834 2401 WILLOW SPRINGS DR BOCA RATON FL 33496 DAVID BAUER PRESIDENT 5612416834 2026-08-10 1 1 CHRISTOPHER CECIL P01877773 5616971785 2026-08-07 2024 2025-03-06 01:10:19Z KEN KOSAK 2401 WILLOW SPRINGS DR BOCA RATON FL 33496 62219589 0 X WWW.BROKENSOUNDCLUB.ORG X 1986 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 804 9 1613835 622974 0 0 45846477 49782874 291017 583852 4373470 5326042 50510964 55692768 0 0 0 0 30961911 33600947 0 0 0 31748978 33010481 62710889 66611428 -12199925 -10918660 116243423 124056512 54122943 50541012 62120480 73515500 BROKEN SOUND COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL SERVICES. 0 0 THE CLUB MAINTAINS AND OPERATES TWO 18 HOLE GOLF COURSES. ROUNDS PLAYED DURING THE YEAR WERE APPROXIMATELY 61,617 OF WHICH 131 WERE NONMEMBER RELATED. THE CLUB MAINTAINS DINING FACILITIES FOR THE BENEFIT OF ITS MEMBERS AND THEIR GUESTS. TOTAL FOOD AND BEVERAGE SALES FOR THE YEAR WAS $10,096,115 OF WHICH $1,968,929 WAS NONMEMBER. 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 1 103 0 1 804 1 1 1 0 0 0 1 1 0 2011605 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 X X PAT SORENSEN 5612416834 2401 WILLOW SPRINGS DR BOCA RATON FL 33496 DAVID BAUER PRESIDENT 10.00 X X 0 0 0 MATTHEW MINERVA VICE PRESIDENT 5.00 X X 0 0 0 DEAN SCHAFFER TREASURER 5.00 X X 0 0 0 ARIANA STECKER SECRETARY 5.00 X X 0 0 0 ROBERT ABRAMS DIRECTOR 1.00 X 0 0 0 DALIT GIKDWERT DIRECTOR 1.00 X 0 0 0 GEORGE HOENIG DIRECTOR 1.00 X 0 0 0 ROBERT KELLY DIRECTOR 1.00 X 0 0 0 VICTOR NHAISI DIRECTOR 1.00 X 0 0 0 KEN KOSAK GENERAL MANAGER/COO 40.00 X 903769 0 59078 PATRICIA SORENSEN CHIEF FINANCIAL OFFICER 40.00 X 390671 0 2316 FED TOSETTO-DAVIS ASSISTANT GENERAL MANAGER 40.00 X 367394 0 29095 TOMAS DIAZ DIRECTOR OF ENGINEERING 40.00 X 237820 0 18852 LUISA FORNEY DIRECTOR OF HR 40.00 X 218800 0 15985 CARRIE FOX CONTROLLER 40.00 X 187148 0 1792 RICHARD SUTTON DIRECTOR OF GOLF OPS (THRU 4/10/25) 40.00 X 186451 0 37853 SIMON EVELYN DIRECTOR OF RACQUETS 40.00 X 181353 0 32269 2673406 0 197240 30 0 1 0 LANDSCAPE CREATIONS 9230 PALOMINO DRIVE LAKE WORTH FL 33467 LANDSCAPING SERVICES 1133743 FIVE STAR VALET SERVICE INC 4659 CADIZ CIRCLE PALM BEACH GARDENS FL 33418 VALET SERVICES 983027 CHERRY EDGAR & SMITH PA 8409 NORTH MILITARY TRAIL PALM BEACH GARDENS FL 33441 LEGAL SERVICES 151882 LANG WEICHOLZ SCHEY PPLC 6111 BROKEN SOUND PARKWAY SUITE 330 BOCA RATON FL 33487 LEGAL SERVICES 126925 4 MEMBERSHIP DUES & ASSESSMENTS 713910 42958652 42958652 GOLF OPERATIONS 713910 3346013 3313323 32690 SPA 713910 2761718 2758595 3123 TENNIS 713910 608851 608851 JUNIOR SPORTS ACADEMY 713910 107640 107640 49782874 623455 623455 49858 3919 45939 45939 45939 44703 84306 -39603 -39603 -39603 11209979 6438596 4771383 3862755 908628 OTHER INCOME 713910 430505 430505 INTEREST RATE SWAP AGREEMENT 713910 78215 78215 508720 55692768 54118536 1613835 -39603 X 29028970 4571977 1676365 8418126 1307321 FOOD & BEVERAGE 5624845 GOLF 3906867 HUMAN RESOURCES 2539811 GENERAL AND ADMINISTRAT 2369662 7167484 66611428 17924139 26892889 2656230 2859240 878788 784662 946374 582763 155340373 64669926 90877932 90670447 2959960 2266511 116243423 124056512 5796340 6127644 10584144 11215191 37742459 33198177 54122943 50541012 X 62120480 73515500 62120480 73515500 116243423 124056512 X -10918660 22313680 X X 0 1 X 1 0 42456675 42456675 78281821 45479516 32802305 33031580 19190410 13841170 1570297 1570297 90670447 CURRENT MATURITIES OF LONG TERM DEBT 2482691 LONG TERM DEBT 27740550 DUE TO FORMER MEMBERS 946104 FINANCE LEASE LIABILITY - SHORT TERM 141436 OPERATING LEASE LIABILITY - SHORT TERM 580895 FINANCE LEASE LIABILITY - LONG TERM 118107 OPERATING LEASE LIABILITY - LONG TERM 1063394 DEFERRED COMPENSATION PLAN LIABILITY 125000 33198177 X 62135283 3919 3919 62131364 -6438596 -6438596 55692768 73053943 6438596 6438596 66615347 -3919 -3919 66611428 PART X, LINE 2: 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 FASB'S GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,919. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -6,438,596. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 6,438,596. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -3,919. 1 X X X X X X 0 0 0 KEN KOSAK GENERAL MANAGER/COO 650769 0 200000 0 53000 0 33915 0 25163 0 962847 0 0 0 FED TOSETTO-DAVIS ASSISTANT GENERAL MANAGER 283394 0 84000 0 0 0 1866 0 27229 0 396489 0 0 0 PATRICIA SORENSEN CHIEF FINANCIAL OFFICER 309671 0 81000 0 0 0 1671 0 645 0 392987 0 0 0 TOMAS DIAZ DIRECTOR OF ENGINEERING 191740 0 46080 0 0 0 1261 0 17591 0 256672 0 0 0 LUISA FORNEY DIRECTOR OF HR 179300 0 39500 0 0 0 1525 0 14460 0 234785 0 0 0 RICHARD SUTTON DIRECTOR OF GOLF OPS (THRU 4/10/25) 170643 0 15808 0 0 0 1916 0 35937 0 224304 0 0 0 SIMON EVELYN DIRECTOR OF RACQUETS 168853 0 12500 0 0 0 617 0 31652 0 213622 0 0 0 CARRIE FOX CONTROLLER 153398 0 33750 0 0 0 1039 0 753 0 188940 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 MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: SOCIAL, GENERAL, MASTER AND OLD COURSE AND CHARTER. SOCIAL MEMBERS RECEIVE 1 VOTE, GENERAL MEMBERS RECEIVE 2 VOTES, MASTER MEMBERS RECEIVE 3 VOTES AND OLD COURSE AND CHARTER MEMBERS RECEIVE 5 VOTES. FORM 990, PART VI, SECTION A, LINE 7B CAPITAL ASSESSMENTS OVER $500,000 REQUIRE MEMBERSHIP APPROVAL. ASSESSMENTS FOR THE MAIN CLUB COST VOTING AS FOLLOWS: SOCIAL =1 VOTE, GENERAL = 2 VOTES, MASTER = 3 VOTES, OLD COURSE = 5 VOTES; ASSESSMENTS FOR THE OLD COURSE: OLD AND CHARTER = 1 VOTE. 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 THE DIRECTOR OF FINANCE. THE TREASURER AND THE DIRECTOR OF FINANCE REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CONSTANT REVIEW OF ALL TRANSACTIONS ARE CONDUCTED TO SEE IF THERE ARE CONFLICTS OF INTEREST. IF A SUSPECTED CONFLICT OF INTEREST IS IDENTIFIED IT IS REPORTED TO THE GENERAL MANAGER AND THE BOARD OF GOVERNORS. THE BOARD OF GOVERNORS MAKES AN INQUIRY TO DETERMINE IF ADDITIONAL QUESTIONING IS NEEDED. FOLLOWED BY A COMPLETE INVESTIGATION BY MANAGEMENT BEFORE THE BOARD MAKES A DETERMINATION AND RESOLUTION TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION STUDIES, INDUSTRY STUDIES & EMPLOYMENT CONTRACT AGREEMENTS ARE USED IN DETERMINATION AND DOCUMENT OF COMPENSATION. THE BOARD OF GOVERNORS PERFORMS THE REVIEW AND ISSUES A WRITTEN CONTRACT OUTLINING COMPENSATION FOR THE GM POSITION. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 ON ANOTHER WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC BUT CAN BE PROVIDED TO MEMBERS UPON REQUEST. FORM 990, PART IX, LINE 24E UTILITIES AND ENERGY 1,177,292. PROPERTY TAXES 1,058,057. ENGINEERING 932,953. LANDSCAPING 817,833. LEGAL EXPENSES 790,812. FITNESS/AQUATICS 661,110. RESERVE FUND PROJECTS 611,309. TENNIS 432,274. HOUSEKEEPING 284,818. JUNIOR SPORTS ACADAMEY 213,492. CLUBHOUSE AND MEMBERSHIP 133,145. OTHER EXPENSES 54,389. FORM 990, PART XI, LINE 9: MEMBERSHIP CONTRIBUTIONS RECEIVED 14,652,647. MEMBERSHIP CERTIFICATES REDEEMED -2,292,633. CAPITAL REPLACEMENT CONTRIBUTIONS 6,414,347. RENOVATION ASSESSMENTS 3,539,319. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.