2026-09-10T11:05:17-04:00 2026-04-30 270030728 MILLER & COMPANY LLP 141-07 20TH AVE STE 101 WHITESTONE NY 113573097 990 2025-05-01 650110859 LAUREL OAK COUNTRY CLUB INC LAUR 9413783608 2700 GARY PLAYER BLVD SARASOTA FL 34240 THOR CHEYNE TREASURER 9413783608 2026-09-10 PAUL MILLER CPA P00112583 7187670737 2026-09-10 2025 BILL YAEGERS 16248780 false X WWW.LAURELOAK.COM X 1989 FL LAUREL OAK COUNTRY CLUB OFFERS VARIOUS SOCIAL ACTIVITIES FOR THE ENJOYMENT OF ITS MEMBERS. THESE ACTIVITIES ARE MADE UP OF TWO GOLF COURSES, TENNIS AND SWIMMING FACILITIES, A WIDE VARIETY OF SOCIAL ACTIVITIES, AND PRIVATE DINING. 904 904 200 1471581 152345 0 10094515 10554528 243867 243814 2758671 3142233 13097053 13940575 0 0 1013518 996916 0 0 13446996 13857826 14460514 14854742 -1363461 -914167 34884662 38689883 5019476 5039388 29865186 33650495 X LAUREL OAK COUNTRY CLUB OFFERS TWO GOLF COURSES, TENNIS AND SWIMMING FACILITIES, A WIDE VARIETY OF SOCIAL ACTIVITIES, AND PRIVATE DINING. false false PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP,TENNIS, POOL, RESTAURANT, AND BAR) PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL RESTAURANT, AND BAR) false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 54 0 false 200 true true true false false false false 1595447 false false false X 904 904 false false false false true true true true true false false false false true true true true false X CONTROLLER 9413783608 2700 PLAYER BLVD SARASOTA FL 34240 JAMIE SELBY GENERAL MANA 40.00 X 385530 0 19159 CHELSEA A CHAVEZ FOOD & BEVER 40.00 X 189288 0 4639 KEVIN FROST DIRECTOR OF 40.00 X 185414 0 4300 STEVEN MARTIN TENNIS PRO 40.00 X 163643 0 1488 JOSEPH SAMULAK ASST DIR OF 40.00 X 150508 0 1226 DAVID MCINTYRE DIRECTOR OF 40.00 X 148583 0 0 ELIZABETH OLIVER CONTROLER 40.00 X 133075 0 5313 BEN R GRAGGS DIRECTOR OF 40.00 X 128250 0 1875 MATTHEW LEWIS EXECUTIVE CH 40.00 X 109047 0 16272 SIMONA HORSIKYAN TENNIS PRO 40.00 X 113104 0 2179 GARY BELTRANI SECRETARY 2.00 X X 0 0 0 JEANNE CASTAFERO MEMBER AT LA 2.00 X 0 0 0 THOR CHEYNE TREASURER 2.00 X X 0 0 0 RICHARD GERRITY 2ND VICE PRE 2.00 X X 0 0 0 STEVE GOLDNER MEMBER AT LA 2.00 X 0 0 0 BILL GRAY MEMBER AT LA 2.00 X 0 0 0 JOHN JONES MEMBER AT LA 2.00 X 0 0 0 COLLEEN MCPHERSON 1ST VICE PRE 2.00 X X 0 0 0 BILL YAEGERS PRESIDENT 2.00 X X 0 0 0 BILL YEAGERS MEMBER AT LA 2.00 X 0 0 0 1706442 56451 10 false true false MEMBERSHIP DUES 713910 7800961 7800961 GOLF REVENUE 2043480 2043480 GOLF REVENUE 713910 710087 710087 10554528 243809 243809 -5 5 5 5 4989078 2308210 2680868 2163183 517685 SERVICES CHARGES 216088 216088 MISCELLANEOUS INCOME 177119 177119 EVENT INCOME 31507 31507 36651 36651 461365 13940575 12468994 1471581 X 575521 575521 421395 421395 6680978 6680978 31184 31184 159890 159890 1349775 1349775 11545 11545 306 306 2421838 2421838 SUPPLIES 773690 773690 GOLF EXPENSES 771730 771730 FOOD & BEVERAGE OPERATING 571307 571307 GOLF & TENNIS LESSONS 515347 515347 570236 570236 14854742 14854742 0 0 22315 19486 7792052 10794594 1801763 1899413 747714 837980 917007 797492 33164753 11714681 20991669 21450072 1685351 1751724 926791 1139122 34884662 38689883 344525 105898 2654464 2881999 6331 2014156 2051491 5019476 5039388 X 29865186 33650495 29865186 33650495 34884662 38689883 X -914167 4699476 X false true X true false 7103796 7103796 4676938 2848775 1828163 15266779 6260294 9006485 4304725 1983844 2320881 1812515 621768 1190747 21450072 OPERATING LEASE LIABILITIES 1139122 ACCRUED PAYROLL 350190 MEMBER DEPOSITS 170345 PROPERTY TAX PAYABLE 116327 SALES AND USE TAX PAYABLE 99411 ACCRUED EXPENSES 86863 OTHER LIABILITIES 66733 TIPS PAYABLE 13087 LESSONS PAYABLE 9413 2051491 20861258 6920683 6920683 13940575 13940575 17162952 2308210 2308210 14854742 14854742 SCHEDULE D, PAGE 4, PART XI, LINE 2D CAPITAL CONTRIBUTIONS 2,093,556 INITIATION FEES 2,518,917 COGS LISTED AS EXPENSES ON FINANCIALS 2,308,210 SCHEDULE D, PAGE 4, PART XII, LINE 2D COGS NETTED WITH REVENUES 2,308,210 SCHEDULE D, PAGE 4, PART XIII THE INTERNAL REVENUE SERVICE HAS EXEMPTED THE CLUB FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE TAX REFORM ACT OF 1969 IMPOSES A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS TAXABLE INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. THE CLUB CLASSIFIES ALL INTEREST AND PENALTIES RELATED TO TAX CONTINGENCIES AS INCOME TAX EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN RECOGNIZED IN THE STATEMENTS OF FINANCIAL POSITION OR IN THE STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED APRIL 30, 2026 AND 2025. ACCOUNTING STANDARDS CODIFICATION TOPIC 740 REQUIRES THE CLUB RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE CLUB HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF APRIL 30, 2026 AND 2025. THE CLUB FILES A U.S. FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN AND A CORPORATE RETURN IN THE STATE OF FLORIDA. THE FEDERAL AND STATE RETURNS FOR THE FISCAL YEARS 2023 THROUGH 2026 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE FLORIDA DEPARTMENT OF REVENUE. false false false JAMIE SELBY GENERAL MANAGER 385530 19159 404689 CHELSEA A CHAVEZ FOOD & BEVERAGE DIR 189288 4639 193927 KEVIN FROST DIRECTOR OF AGRONOMY 185414 4300 189714 STEVEN MARTIN TENNIS PRO 163643 1488 165131 JOSEPH SAMULAK ASST DIR OF AGRONOMY 150508 1226 151734 FORM 990, PAGE 2, PART III, LINE 4D PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL RESTAURANT, AND BAR) FORM 990, PAGE 6, PART VI, LINE 6 THE CLUB HAS APPROXIMATELY 904 VOTING MEMBERS AND NO STOCKHOLDERS ARE PRESENT. FORM 990, PAGE 6, PART VI, LINE 7A THE CLUB HAS 904 VOTING MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. THE NOMINATING COMMITTEE NOMINATES NEW BOARD MEBMERS AND THE MEMBERS VOTE AT AN ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B MOST MAJOR DECISIONS OF THE CLUB REQUIRE MEMBERSHIP APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE CLUB TREASURER AND CHAIRMAN OF THE FINANCE COMMITTEE REVIEW THE 990 FORM WITH TOP MANAGEMNT AND THE INDEPENDENT AUDIT FIRM. FORM 990, PAGE 6, PART VI, LINE 15A THE GENERAL MANAGER'S SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SOLICITS INFORMATION FROM THE BOARD OF DIRECTORS AS IT RELATES TO THE COMPENSATION, EMPLOYMENT PERFORMANCE AND CONTRACT CONSIDERATIONS. TAKING THIS INFORMATION INTO ACCOUNT, THE EXECUTIVE COMMITTEE FINALIZES THE DETAILS OF THE EMPLOYMENT CONTRACT. THE BOARD OF DIRECTORS IS THEN INFORMED AND THE PRESIDENT OF THE CLUB SIGNS THE AGREEMENT AS A REPRESENTATIVE OF THE CLUB GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 15B THE GENERAL MANAGER'S SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SOLICITS INFORMATION FROM THE BOARD OF DIRECTORS AS IT RELATES TO THE COMPENSATION, EMPLOYMENT PERFORMANCE AND CONTRACT CONSIDERATIONS. TAKING THIS INFORMATION INTO ACCOUNT, THE EXECUTIVE COMMITTEE FINALIZES THE DETAILS OF THE EMPLOYMENT CONTRACT. THE BOARD OF DIRECTORS IS THEN INFORMED AND THE PRESIDENT OF THE CLUB SIGNS THE AGREEMENT AS A REPRESENTATIVE OF THE CLUB GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION POSTS A COPY OF THE MONTHLY AND AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE FOR THE MEMBERS TO REVIEW. ALL OTHER IMPORTANT INFORMATION REGARDING MEMBERSHIP IS COMMUNICATED TO THE MEMBERS VIA THE BY-LAWS. FORM 990, PART IX, LINE 11G CONTRACT SERVICES - PAYROLL 750,769 0 0 PAYROLL ADMIN FEES 117,104 0 0 PROFESSIONAL FEE 151,383 0 0 LEASED EMPLOYEES 6,439,946 0 0 LEASED EMPLOYEE -COMM& BONUS 218,692 0 0 LESS OFFICERS & KEY EMPLOYEE -996,916 0 0 TOTAL 6,680,978 0 0 FORM 990, PART XI, LINE 9 CAPITAL CONTRIBUTIONS 2,093,556 INITIATION FEES 2,518,917 MEMBERSHIP CONTRIBUTIONS 0 87,003 TOTAL 4,699,476