2026-09-02T12:25:57-05:00 2025-10-31 411680240 SDK CPA 333 S 7TH ST SUITE 3000 MINNEAPOLIS MN 55402 990 2024-11-01 410883050 NORTH OAKS GOLF CLUB NORT 6514846311 54 EAST OAKS ROAD ST PAUL MN 55127 CHARLIE SWANSON PRESIDENT 6514846311 2026-08-24 1 0 BRANDON REINSCHMIDT CPA P01778488 6123325500 2026-08-24 2024 CHARLIE SWANSON 54 EAST OAKS ROAD ST PAUL MN 55127 8773284 0 X NORTHOAKSGOLFCLUB.COM X 1964 MN TO OPERATE A GOLF CLUB FOR SOCIAL, RECREATIONAL, AND ATHLETIC PURPOSES. 8 8 201 8 196227 0 0 0 5835138 4996988 51973 36713 547502 389279 6434613 5422980 0 0 0 0 2071663 2190537 0 0 0 2589955 2852951 4661618 5043488 1772995 379492 13761070 14740370 5833652 6475460 7927418 8264910 X TO OPERATE A GOLF CLUB FOR SOCIAL, RECREATIONAL, AND ATHLETIC PURPOSES. 0 0 1694920 2993430 GOLF COURSE: THE GOLF COURSE IS PROVIDED FOR THE FACILITATION OF SOCIAL, RECREATIONAL AND ATHLETIC BENEFIT OF THE ORGANIZATION'S MEMBERS AND THEIR GUESTS. THE TOTAL ROUNDS OF GOLF PLAYED DURING THE FISCAL YEAR ARE 19,990. 497409 1662648 CLUBHOUSE: THE CLUBHOUSE IS PROVIDED FOR SOCIAL INTERACTION WHILE THE MEMBERS AND THEIR GUESTS ARE AT THE GOLF CLUB. 668199 191319 PRO SHOP: THE PRO SHOP PROVIDES FOR SUPPLIES AND TRAINING IN THE SPORT OF GOLF FOR THE ORGANIZATION'S MEMBERS AND THEIR GUESTS. 27367 242552 LOCKER ROOM 27367 242552 2887895 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 1 0 0 0 0 0 0 0 0 0 0 1 2 0 1 201 1 1 1 0 0 0 0 193724 663806 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X JUSTIN DORDAL 6514846311 54 EAST OAKS ROAD ST PAUL MN 55127 MARK AUTH EX-OFFICIO 2.00 X 0 0 0 RUSTY KOCON PRESIDENT 2.00 X X 0 0 0 KATIE URBANIAK SECRETARY/TREASURER 2.00 X X 0 0 0 CHARLIE SWANSON VICE PRESIDENT 2.00 X X 0 0 0 JOHN TRAEGER BOARD MEMBER 2.00 X 0 0 0 GREG STALSBERG BOARD MEMBER 2.00 X 0 0 0 JULIE PEIRSON BOARD MEMBER 2.00 X 0 0 0 JOSH LOWE BOARD MEMBER 2.00 X 0 0 0 PAUL HEMMING BOARD MEMBER 2.00 X 0 0 0 PAT MARKLEY GENERAL MANAGER 40.00 X 203750 0 0 JOHN CAMERON DIRECTOR OF GOLF COURSE & GROUNDS 40.00 X 134157 0 0 JUSTIN DORDAL DIRECTOR OF FINANCE & TECH 40.00 X 112525 0 0 450432 0 0 3 0 1 0 0 MEMBERSHIP REVENUE 713910 4996988 4996988 4996988 27200 27200 38000 28487 9513 9513 9513 3711096 3321817 389279 220252 169027 5422980 5226753 196227 0 227960 1838296 124281 91625 97507 75309 357307 229839 1144450 105485 REPAIRS & MAINTENANCE 507250 MISCELLANEOUS 199346 MEMBERSHIP PROMOTION 33331 BOARD & MANAGEMENT 11502 5043488 1950771 500566 502394 505918 136498 139709 92063 48434 25539461 12288529 10706639 13250932 203555 130669 169150 164142 13761070 14740370 634907 595383 183016 237040 4681174 5394368 334555 248669 5833652 6475460 X 7096613 8198797 830805 66113 7927418 8264910 13761070 14740370 X 379492 -42000 X 0 1 X 1 0 522300 522300 11730817 4648545 7082272 7585293 3846806 3738487 5701051 3793178 1907873 13250932 DEFERRED COMPENSATION 130669 REDEEMABLE CLUBHOUSE CERT 118000 248669 X 9499976 4076996 4076996 5422980 0 5422980 8355792 3312304 3312304 5043488 0 5043488 PART X, LINE 2: THE CLUB IS EXEMPT FROM CORPRORATE INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, EXCEPT WITH RESPECT TO NET INCOME REALIZED FROM ACTIVITIES UNRELATED TO ITS BUSINESS. MANAGEMENT EVALUATED THE CLUB'S TAX POSITIONS AND CONCLUDED THAT THE CLUB HAD TAKEN NO UNCERTAIN INCOME TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ITEMS REPORTED AS EXPENSES ON THE FINANCIAL STATEMENTS AND OFFSET AGAINST REVENUE ON THE 990. DUES & SPECIAL ASSESSMENT USED 1,796,325. DUES -1,031,633. FOOD & BEVERAGE 3,321,817. GAIN ON DISPOSAL OF PROPERTY -9,513. PART XII, LINE 2D - OTHER ADJUSTMENTS: ITEMS REPORTED AS EXPENSES ON THE FINANCIAL STATEMENTS AND OFFSET AGAINST REVENUE ON THE 990. FOOD & BEVERAGE 3,321,817. GAIN ON DISPOSAL OF PROPERTY -9,513. X X X X X 0 0 0 PAT MARKLEY GENERAL MANAGER 203750 0 0 0 0 0 0 0 0 0 203750 0 0 0 BELOW REPORTING THRESHOLDS 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE BROKEN OUT INTO 4 CATEGORIES OF MEMBERS: GOLF MEMBERS - STOCK HOLDERS SOCIAL MEMBERS - NON-STOCKHOLDERS SENIOR MEMBERS - TURN IN STOCK FOR REDUCED DUES DEFERRED GOLF MEMBERS - WORKING TO BECOME STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 7A GOLF MEMBERS WHO OWN A SHARE OF STOCK MAY ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS REQUIRE A MAJORITY VOTE. BORROWING OF MONEY IN EXCESS OF $550,000 REQUIRE A TWO-THIRDS VOTE OF CORPORATE GOLF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED AND PROVIDED TO THE GOVERNING BODY FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS THE FOUR KEY EMPLOYEE CONTRACTS. THE GENERAL MANAGER REVIEWS ALL OTHER NON-CONTRACT DEPARTMENT HEADS. THEY ALSO UTILIZE WAGE STUDIES AND SURVEYS FOR BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, TAX RETURN, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, LINE 9 DURING THE TAX YEAR, THERE WAS SENIOR MEMBERSHIP STOCK FORFEITURES OF $5,500, AND STOCK REDEMPTION PAYMENTS OF $36,500. FEDERAL FOOTNOTES ** FOOTNOTE 1 ** SCHEDULE A COMPUTATIONS: $ 217,796 UNRELATED BAR/REST INCOME-GOLF RELATED ACTIVITIES 2,777,457 DIVIDED BY TOTAL BAR/RESTAURANT INCOME ----------- 7.842% =========== 3,321,817 TOTAL FOOD AND BEVERAGE COST OF SALES 7.842% MULTIPLIED BY ABOVE ALLOCATION RATE ----------- $ 260,482 =========== ALL EXPENSE ALLOCATIONS TO UBI ARE BASED ON THE TAXPAYER'S AGREEMENT WITH THE INTERNAL REVENUE SERVICE DATED JULY 10, 2002. FOOD AND BEVERAGE (F&B) OPERATIONS ARE SEPARATED BETWEEN GOLF-RELATED AND STAND-ALONE F&B OPERATIONS. DIRECT EXPENSES ARE ALLOCATED TO GOLF-RELATED ACTIVITIES BASED ON THE GOLF-RELATED F&B UBI GROSS RECEIPTS TO TOTAL F&B GROSS RECEIPTS. INDIRECT EXPENSES ARE ALLOCATED TO GOLF-RELATED UBI ACTIVITES AS DESCRIBED BELOW USING THE SAME RATIO. IN ACCORDANCE WITH THE TAXPAYER'S AGREEMENT WITH THE SERVICE, DIRECT EXPENSES ARE ALLOCATED TO STAND-ALONE F&B UBI ACTIVITIES IN AN AMOUNT NOT TO EXCEED THE GROSS RECEIPTS FROM SUCH ACTIVITIES. NO FURTHER EXPENSE ALLOCATION IS ALLOWED AND LOSSES WILL NOT BE RECOGNIZED. GOLF ACTIVITY EXPENSES ARE ALLOCATED TO GOLF UBI INCOME BASED ON THE RATIO OF THE NUMBER OF UBI GOLF ROUNDS TO THE TOTAL GOLF ROUNDS PLAYED DURING THE YEAR. EXPENSES ARE DISTRIBUTED ON A DIRECT BASIS WHERE APPROPRIATE. G&A EXPENSES ARE ALLOCATED 50% TO THE F&B OPERATIONS AND 50% TO GOLF ACTIVITIES BASED ON MANAGEMENT'S CONTINUING ASSESSMENT OF PERSONNEL INVOLVED AND DUTIES PERFORMED. ** FOOTNOTE 2 ** CLUBHOUSE EXPENSES ARE ANALYZED SEPARATELY AND ARE ALLOCATED 50% TO THE F&B OPERATIONS AND 50% TO GOLF ACTIVITIES BASED ON MANAGEMENT'S CONTINUING ASSESSMENT. ** FOOTNOTE 3 ** FORM 990, PART V - OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ALL COMPENSATION INFORMATION IS BASED ON THE INDIVIDUALS REPORTABLE COMPENSATION (EITHER FORM W-2 OR FORM 1099) FOR THE CALENDAR YEAR ENDING DURING THE TAXPAYER'S CURRENT FISCAL YEAR.