2026-04-13T17:22:22-05:00 2025-12-31 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2025-01-01 620535663 HILLWOOD COUNTRY CLUB HILL 6153526591 6201 HICKORY VALLEY ROAD NASHVILLE TN 37205 SUSIE QUERTERMOUS CFO 6153526591 2026-04-12 1 ABIGAIL CAMPBELL P01296738 6153774600 2026-04-10 2025 2025-03-06 01:10:19Z SUSIE QUERTERMOUS 6201 HICKORY VALLEY ROAD NASHVILLE TN 37205 27811473 0 X WWW.HILLWOODCC.ORG X 1953 TN PROVISION OF THE USUAL PRIVILEGES, ADVANTAGES, CONVENIENCES AND ACCOMMODATIONS OF THE CLUB. 12 12 345 0 1571734 68644 0 0 23509064 22130578 -1126739 -9381 2307614 2859115 24689939 24980312 0 0 0 0 9935238 12547947 0 0 0 8225907 9792680 18161145 22340627 6528794 2639685 52650186 56261438 17122857 18089915 35527329 38171523 TO SATISFY AND PROVIDE OUR MEMBERS WITH DISTINCT SOCIAL, DINING, AND RECREATIONAL NEEDS CONSISTENT WITH THE FINEST PRIVATE COUNTRY CLUB TRADITION. 0 0 RESTAURANT AND BAR - THE ORGANIZATION PROVIDES A LA CARTE DINING AND BAR FACILITIES ON THE PREMISES FOR MEMBERS AND MEMBERS' GUESTS AS WELL AS PROVIDES MEETING AND BANQUET FACILITIES ON THE PREMISES FOR MEMBERS AND MEMBERS' GUESTS. GOLF - THE ORGANIZATION PROVIDES AN 18-HOLE GOLF COURSE, GOLF PROFESSIONALS AND OTHER GOLF FACILITIES FOR MEMBERS AND MEMBERS' GUESTS. THEY ALSO PROVIDE GOLF EQUIPMENT AND A MERCHANDISE SHOP FOR MEMBERS AND MEMBERS' GUESTS. TENNIS, FITNESS, AND SWIMMING - THE ORGANIZATION PROVIDES INDOOR AND OUTDOOR TENNIS FACILITIES INCLUDING TENNIS PROFESSIONALS AND ASSISTANT PROFESSIONALS ON-SITE FOR TRAINING AND LESSONS, PROVIDES A FITNESS WORKOUT AREA INCLUDING ON-SITE TRAINERS, AND PROVIDES SWIMMING POOLS INCLUDING LICENSED TRAINERS FOR MEMBERS AND MEMBERS' 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 92 0 1 345 1 1 1 0 0 0 0 7009409 2297303 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSIE QUERTERMOUS 6153536722 6201 HICKORY VALLEY RD NASHVILLE TN 37205 TODD HEIFNER GENERAL MANAGER 40.00 X 378438 0 33176 CRAIG MEYER EXECUTIVE CHEF 40.00 X 274890 0 33621 CHRIS ZUPANO DIRECTOR OF GOLF 40.00 X 255157 0 32152 KIRK GATES DIRECTOR OF AGRONOMY 40.00 X 231397 0 28324 PJ FERRARI ASST. GENERAL MANAGER 40.00 X 208327 0 28597 SUSAN QUERTERMOUS CHIEF FINANCIAL OFFICER 40.00 X 176355 0 30900 BRIAN HUDSON DIRECTOR OF FACILITIES 40.00 X 147002 0 6476 MIKE RYAN PRESIDENT 5.00 X X 0 0 0 SEAN BUCK VICE PRESIDENT 5.00 X X 0 0 0 CHRIS ROGERS TREASURER 5.00 X X 0 0 0 PHIL WALKER SECRETARY 5.00 X X 0 0 0 GREG FLANAGAN BOARD MEMBER 5.00 X 0 0 0 GREG JONES BOARD MEMBER 5.00 X 0 0 0 RICHMOND MILLER BOARD MEMBER 5.00 X 0 0 0 NATE FEND BOARD MEMBER 5.00 X 0 0 0 BOB VALENTINE BOARD MEMBER 5.00 X 0 0 0 BOB LEVY BOARD MEMBER 5.00 X 0 0 0 DAVID TODD BOARD MEMBER 5.00 X 0 0 0 KENNY HANCOCK BOARD MEMBER 5.00 X 0 0 0 1671566 0 193246 10 0 1 0 0 MEMBERSHIP DUES 713910 16716362 16716362 GOLF 713910 2152670 2152670 TENNIS & SWIMMING 713910 1687735 1687735 FITNESS CENTER 713910 993312 993312 MISCELLANEOUS MEMBER INCOME 713910 428866 428866 151633 151633 22130578 69644 69644 79025 -79025 -79025 -79025 5611251 2752136 2859115 1357025 1502090 24980312 23487603 1571734 -79025 618869 10161316 160850 825706 781206 46134 976714 26445 1009955 203498 2088268 147577 705745 646452 3132100 502113 MISCELLANEOUS EXPENSE 209749 BOARD AUTHORIZED EXPENS 39906 GRATIS EXPENSE 27870 HANDICAP SERVICE EXPENS 24154 6000 22340627 2345884 2467107 3176086 3922769 2387312 2051368 329813 376680 13764 27721 77222312 29806519 44397327 47415793 52650186 56261438 2199597 1476289 5094318 4936075 9828942 11500000 0 177551 17122857 18089915 X 9925943 10281689 2854949 2911867 22746437 24977967 35527329 38171523 52650186 56261438 X 2639685 4509 X 0 1 X 1 0 361709 361709 62861691 21295118 41566573 13988912 8511401 5477511 10000 10000 47415793 FINANCING LEASE LIABILITY 177551 177551 X 27736957 2756645 2756645 24980312 0 24980312 25092763 2752136 2752136 22340627 0 22340627 PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT ORGANIZATION AND EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(7), EXCEPT FOR AMOUNTS REPRESENTING UNRELATED BUSINESS INCOME. THE CLUB IS SUBJECT TO FEDERAL TAX AND A 6.5% TENNESSEE EXCISE TAX ON UNRELATED BUSINESS INCOME. THE CLUB RECOGNIZES THE TAX BENEFIT ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. MANAGEMENT OF THE CLUB DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IT IS THE CLUB'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2025 AND 2024, THE CLUB HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE CLUB IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTES OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE ("IRS") AND THE STATE OF TENNESSEE FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 2,752,136. NET CHANGE IN MEMBERSHIP EQUITY 4,509. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 2,752,136. X 1 1 X X X X 1 0 0 TODD HEIFNER GENERAL MANAGER 329438 0 49000 0 0 0 9590 0 23586 0 411614 0 0 0 CRAIG MEYER EXECUTIVE CHEF 242390 0 32500 0 0 0 10996 0 22625 0 308511 0 0 0 CHRIS ZUPANO DIRECTOR OF GOLF 225707 0 29450 0 0 0 9447 0 22705 0 287309 0 0 0 KIRK GATES DIRECTOR OF AGRONOMY 203897 0 27500 0 0 0 7691 0 20633 0 259721 0 0 0 PJ FERRARI ASST. GENERAL MANAGER 189327 0 19000 0 0 0 5972 0 22625 0 236924 0 0 0 SUSAN QUERTERMOUS CHIEF FINANCIAL OFFICER 158355 0 18000 0 0 0 7314 0 23586 0 207255 0 0 0 BRIAN HUDSON DIRECTOR OF FACILITIES 139052 0 7950 0 0 0 0 0 6476 0 153478 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 APPLICANTS FOR A RESIDENT MEMBERSHIP THAT ARE APPROVED BY THE BOARD OF DIRECTORS ARE CLASSIFIED AS STOCKHOLDERS, ISSUED A CERTIFICATE WITH VALUE AND HAVE VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A ALL RESIDENT (STOCKHOLDER) MEMBERS VOTE ANNUALLY FOR 4 NEW BOARD MEMBERS WHO EACH SERVE A 3-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B ALL RESIDENT (STOCKHOLDER) MEMBERS VOTE ON CONSTITUTIONAL CHANGES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE TAX RETURN IS REVIEWED BY THE AUDIT COMMITTEE, PRESIDENT, AND VICE-PRESIDENT AS WELL AS DISCUSSED WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE COMPLETED ANNUALLY AND REVIEWED SEMI-ANNUALLY BY THE CFO. ANY CONCERNS ARE DISCUSSED WITH THE GENERAL MANAGER. FORM 990, PART VI, SECTION B, LINE 15 ALL KEY EMPLOYEES DISCUSS THEIR ANNUAL PERFORMANCE AND COMPENSATION PLAN QUARTERLY WITH THE GENERAL MANAGER. THE GENERAL MANAGER THEN DISCUSSES AND UPDATES THE COMPENSATION COMMITTEE. THE GENERAL MANAGER MAKES RECOMMENDATIONS ANNUALLY FOR COMPENSATION REQUESTS, WHICH HAVE TO BE APPROVED BY THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONSTITUTION, BY-LAWS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE CLUB WEBSITE FOR MEMBERS ONLY. CONFLICT OF INTEREST POLICY AND FORMS, ALONG WITH THE FORM 990 AND 990-T ARE HELD BY THE CFO AND ALL ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET INCREASE (DECREASE) IN MEMBERSHIP 4,509.