2026-08-17T13:08:20-05:00 2025-09-30 423603499 Eide Bailly Advisory LLC 150 W Main St Ste 1200 Norfolk VA 235101620 990 2024-10-01 540701575 Cavalier Golf & Yacht Club CAVA 7574257661 1052 Cardinal Rd Virginia Beach VA 23451 P Joseph Andrew General Manager/COO 7574257661 2026-08-17 1 1 Daria G Payne P01007413 7576254700 2026-08-13 2024 2025-03-06 01:10:19Z P Joseph Andrew 1052 Cardinal Rd Virginia Beach VA 23451 19903118 0 X www.cavaliergyc.com X 1928 VA The Cavalier Golf & Yacht Club is a private nonprofit social, athletic and recreational club. 15 15 350 15 932885 219292 0 0 8442150 13823488 36956 15580 2361184 3010080 10840290 16849148 0 0 0 0 6001197 6088997 0 0 0 5235860 5694959 11237057 11783956 -396767 5065192 23235583 28826103 10455673 11081185 12779910 17744918 X The Cavalier Golf & Yacht Club is a private nonprofit social, athletic and recreational club. we provide golfing, yachting, swimming, tennis, dining, and other social, recreational and athletic facilities for the pleasure and recreation of our members, their families and invited guests. our mission is to provide a family-oriented environment that supports close personal contact and fellowship amongst members. 0 0 Provide golfing, yachting, swimming, tennis, dining, and other social recreational and athletic facilities for the pleasure and recreation of the members, their families, and invited guests. 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 42 0 1 350 1 1 1 0 0 0 0 6304796 1294776 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X Lance Mason 7574257661 1052 Cardinal Road Virginia Beach VA 23451 Ted Hand Ex-President 1.00 X 0 0 0 Robby Jones Director 1.00 X 0 0 0 Ed Augustine President 1.00 X X 0 0 0 Mimi Boseman Secretary 1.00 X X 0 0 0 Aaron Phipps Director 1.00 X 0 0 0 David Hodgson Vice President Operations 1.00 X X 0 0 0 Janis Prock Director 1.00 X 0 0 0 Owen Thornton Vice President Administration 1.00 X X 0 0 0 Lindsey Haught Director 1.00 X 0 0 0 Alex Bradley Director 1.00 X 0 0 0 Andy Hilbert Treasurer 1.00 X X 0 0 0 Ryan Ferguson Director 1.00 X 0 0 0 John Norris Ex Officio 1.00 X 0 0 0 Michael Olivieri Director 1.00 X 0 0 0 Stephen Childs Director 1.00 X 0 0 0 Joe Andrew General Manager 50.00 X 243800 0 28178 Lance Mason Controller 40.00 X 108948 0 31079 Patrick Beverley Head Golf Professional 40.00 X 124446 0 31699 Edward K Harris Food and Beverage Director 40.00 X 112487 0 18276 Michael Moyer Head Tennis Professional 40.00 X 151676 0 25598 Jason Hayes Superintendent 40.00 X 121833 0 30449 Carly Philips Member Relations 40.00 X 110989 0 6923 Colleen Kazmierczak Chef 40.00 X 113258 0 16124 1087437 0 188326 8 0 1 0 0 Membership Dues 713910 6030057 6030057 Special assessment contributions 713910 4739063 4739063 Initiation Fees 713910 915516 915516 Yachting Income 713910 761694 692955 68739 Golf Income 713910 725667 541175 184492 651491 645143 6348 13823488 206146 206146 2100 192666 -190566 -190566 -190566 5221167 2861304 2359863 1905311 454552 Employee retention credit from pr 713910 650217 637609 12608 650217 16849148 16106829 932885 -190566 424858 5172161 87867 404111 84736 29213 198709 458914 443068 4679 356111 1425606 713192 Income taxes 13296 Maintenance 586801 Tournaments and Banquet 305877 Miscellaneous 257365 817392 11783956 1744235 4986457 1326879 1363263 626051 549471 100642 93782 36265821 14485882 19371039 21779939 66737 53191 23235583 28826103 1112773 2040539 1010858 973912 7959515 7655454 372527 411280 10455673 11081185 X 12779910 17744918 12779910 17744918 23235583 28826103 X 5065192 -100184 X X 0 1 X 1 0 3301453 3301453 24300779 10741195 13559584 4386133 2828072 1558061 4277456 916615 3360841 21779939 Lease obligation 379088 Deferred compensation payable 32192 411280 X 19710452 0 19710452 -2861304 -2861304 16849148 14645260 2861304 2861304 11783956 0 11783956 Part X, Line 2: The Club believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements; however, any penalties and interest incurred as a result of uncertain tax positions would be recorded in miscellaneous and interest expense, respectively. Part XI, Line 4b - Other Adjustments: Cost of goods sold -2,861,304. Part XII, Line 2d - Other Adjustments: Cost of goods sold 2,861,304. X X 0 0 0 Joe Andrew General Manager 212000 0 0 0 31800 0 9752 0 18426 0 271978 0 0 0 Michael Moyer Head Tennis Professional 151676 0 0 0 0 0 6506 0 19092 0 177274 0 0 0 Patrick Beverley Head Golf Professional 81029 0 0 0 43417 0 4978 0 26721 0 156145 0 0 0 Jason Hayes Superintendent 110333 0 11500 0 0 0 4873 0 25576 0 152282 0 0 0 Form 990, Part VI, Section A, line 1a The number of directors of the Corporation ("Directors") including the President and Secretary shall be fixed by the Board at no less than three and no more than 15, provided that any decision by the Board to reduce the size of the Board shall not affect the term of any incumbent member. With the concurrence of the Board, the President may appoint a General Counsel, to serve at the pleasure of the President and whose term will otherwise be concurrent with that of the President. The General Counsel shall be an ex officio member of the Board, and of the Executive Committee, but shall not have the right to vote unless otherwise a member of the Board. The General Counsel must be a member of the club and a member in good standing of the Virginia State Bar. Form 990, Part VI, Section A, line 6 The membership of the Club consists of two general classes: Voting members and Nonvoting members. Subclasses include traditions members, young adult members, senior members, master members, widow(er) members, associate members, honorary members, emeritus members, active duty military members, special guests, and tennis members. Form 990, Part VI, Section A, line 7a Voting members may vote, hold office as directors or officers if they are domiciled in Virginia, and may sponsor new members. Spouses of voting members, during the continuation of the marriage, shall have the right to participate in club affairs and serve on committees at the pleasure of the Board, but shall not have the right to vote. Candidates are posted for members to review, and then at the Board meeting, the Board elects them if no objections are made. Nonvoting members may not vote, serve as an officer or director of the Club, reserve tee times, or sponsor new members. Form 990, Part VI, Section A, line 7b Bylaws made by the Board may be changed or repealed, and new bylaws made, by a two-thirds majority vote of the voting members present at an annual or special meeting at which a quorum is present. A like two-thirds vote of the voting members may prescribe that any bylaw made by them shall not be altered, amended, or repealed by the Board. Capital projects and member assessments exceeding a specified amount are also subject to approval by the voting members. Form 990, Part VI, Section B, line 11b The 990 is sent to the General Manager and the Treasurer of the Board of Directors. Both must approve the 990 before it is filed. Form 990, Part VI, Section B, line 12c All employees must read and sign a conflict of interest statement annually stating they are unaware of any conflicts. Any conflicts throughout the year are required to be reported to either the HR department, the Controller, or the General Manager. Form 990, Part VI, Section B, line 15 A compensation committee including the President from the Board of Directors uses industry standards mixed with employee performance to determine compensation for the general manager and other key employees. Form 990, Part VI, Section C, line 18 The 990 will be available through Candid's website. Hard copies will be available upon request. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are available to members only by request. Form 990, Part XI, line 9: Debentures redeemed -100,184. Form 990, Part XII, Line 2c No changes from prior year. Form 990, Part VIII, Line 11 During the year, the organization received Employee Retention Credit proceeds relating to prior-year payroll periods. The amount was recorded in current-year other income on Form 990, Part VIII, separated between UBI and exempt purpose income, based on the prior payroll periods. The receipt reflects recovery associated with prior-year wage expense and is separately identified to avoid characterization as program service revenue or contributions.