2026-07-09T07:20:09-05:00 2025-09-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-10-01 592369514 OAKS CLUB CORPORATION OAKS 9419662161 301 MACEWEN DR OSPREY FL 34229 ANNE LOCKIE TREASURER 9419662161 2026-07-09 1 0 CHRISTOPHER CECIL P01877773 5616971785 2026-07-09 2024 2025-03-06 01:10:19Z HOLLY FARRELL 301 MACEWEN DR OSPREY FL 34229 25210453 0 X HTTPS://THEOAKSCLUB.COM/ X 1984 FL THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE AND MAINTAIN A CLUB WHICH AFFORDS WORLD-CLASS GOLF, TENNIS, SOCIAL FACILITIES AND ACTIVITIES FOR THE BENEFIT AND USE OF ITS MEMBERS AND GUESTS. 8 8 231 100 546143 262695 0 0 11378725 17319186 63917 310219 4556574 5639631 15999216 23269036 0 0 0 0 6425108 9155042 0 0 0 8654989 14216939 15080097 23371981 919119 -102945 54491370 54388676 21773812 19837502 32717558 34551174 THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE AND MAINTAIN A CLUB WHICH AFFORDS WORLD-CLASS GOLF, TENNIS, SOCIAL FACILITIES AND ACTIVITIES FOR THE BENEFIT AND USE OF ITS MEMBERS AND GUESTS. 0 0 PROVIDING AND MAINTAINING THE CLUB FACILITIES FOR THE BENEFIT AND USEOF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 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 1 0 0 0 1 112 0 231 1 1 1 0 0 0 1 1 3765306 300385 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KIRSTY TAYLOR 9419662161 301 MACEWEN DR OSPREY FL 34229 KAREN ORR PRESIDENT 6.50 X X 0 0 0 JOSEPH HENRY VICE PRESIDENT 6.50 X X 0 0 0 WENDY LAHOOD SECRETARY (THROUGH 3/25) 6.50 X X 0 0 0 STEPHEN BLOWERS TREASURER (THROUGH 3/25) 6.50 X X 0 0 0 DONALD GRIMES BOARD MEMBER (THROUGH 3/25)/SECRETARY (AS OF 4/25) 6.50 X X 0 0 0 ANNE LOCKIE TREASURER (AS OF 4/25) 6.50 X X 0 0 0 ERIC SMITH BOARD MEMBER (THROUGH 3/25) 6.50 X 0 0 0 JAMES SAPPINGTON BOARD MEMBER 6.50 X 0 0 0 MICHAEL HAGAN BOARD MEMBER (THROUGH 3/25) 6.50 X 0 0 0 JAMES ROONEY BOARD MEMBER 6.50 X 0 0 0 DR RICH CARNEVALE BOARD MEMBER (AS OF 4/25) 6.50 X 0 0 0 RICHARD RILEY BOARD MEMBER (AS OF 4/25) 6.50 X 0 0 0 BRUCE ZAHN GM/COO (THROUGH 9/15) 40.00 X 567910 0 33403 HOLLY FARRELL ASSISTANT GM (THROUGH 9/15)/GM/COO (AS OF 9/15) 40.00 X 363796 0 28375 KIRSTY TAYLOR DIRECTOR OF FINANCE 40.00 X 258874 0 26014 GREGORY JACK DIRECTOR OF GREENS AND GROUNDS 40.00 X 265533 0 30133 STEVEN KURTZ DIRECTOR OF GOLF 40.00 X 262776 0 29521 ANDREW SIROTA DIRECTOR OF RACQUET SPORTS 40.00 X 195352 0 16796 JAMES PAMPINELLA EXECUTIVE CHEF 40.00 X 213596 0 8285 LYNNRAE ALLAIN HUMAN RESOURCES DIRECTOR 40.00 X 134209 0 25357 2262046 0 197884 8 0 1 0 TEE OFF TEMPS PO BOX 7971 CAROL STREAM IL 60197 TEMPORARY LABOR 1218451 USI INSURANCE SERVICES LLC PO BOX 62689 VIRGINIA BEACH FL 23466 PROPERTY INSURANCE 707726 AETNA PO BOX 775392 CHICAGO IL 60677 HEALTH INSURANCE 627119 3 MEMBERSHIP & DUES 713910 15132641 15132641 OTHER GOLF REVENUE 713910 1466402 1293658 172744 FITNESS AND WELLNESS 713910 547094 547094 TENNIS FEES 713910 173049 126286 46763 17319186 342901 35793 307108 75958 108640 -32682 -32682 -32682 3471952 1832777 1639175 1619647 19528 CAPITAL CHARGES 713910 3095495 3095495 ASSOCIATE AND SOCIAL INITIATION F 713910 651811 651811 OTHER NON-OPERATING REVENUE 713910 142633 142633 110517 110517 4000456 23269036 22755575 546143 -32682 X 7468548 1686494 554285 3745798 683718 GOLF COURSE MAINTENANCE 3505968 ADMINISTRATIVE AND GENE 1240164 BUILDING AND COMMON ARE 1209591 FOOD & BEVERAGE 902682 2374733 23371981 3186748 2204326 4885777 5420067 335464 342743 909165 732649 70894384 32191916 38129978 38702468 5883152 6140448 1161086 845975 54491370 54388676 1821807 2000067 3347547 3155730 10668858 8933866 5935600 5747839 21773812 19837502 X 32717558 34551174 32717558 34551174 54491370 54388676 X -102945 44270 1892291 X X 0 1 X 1 0 9367112 9367112 27110442 15184858 11925584 14310187 1553076 12757111 20106643 15453982 4652661 38702468 U.S TREASURY BILLS 6140448 F 6140448 DUES AND FEES COLLECTED IN ADVANCE 4919998 FINANCE LEASE OBLIGATION 752362 OPERATING LEASE OBLIGATION 17248 CONSTRUCTION PAYABLE 58231 5747839 X 25146083 44270 44270 25101813 -1832777 -1832777 23269036 25204758 1832777 1832777 23371981 0 23371981 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 CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,832,777. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,832,777. X X X X 1 0 0 BRUCE ZAHN GM/COO (THROUGH 9/15) 309119 0 57509 0 201282 0 12634 0 20769 0 601313 0 0 0 HOLLY FARRELL ASSISTANT GM (THROUGH 9/15)/GM/COO ( 279741 0 84055 0 0 0 7951 0 20424 0 392171 0 0 0 GREGORY JACK DIRECTOR OF GREENS AND GROUNDS 200727 0 64806 0 0 0 10702 0 19431 0 295666 0 0 0 STEVEN KURTZ DIRECTOR OF GOLF 202538 0 60238 0 0 0 9185 0 20336 0 292297 0 0 0 KIRSTY TAYLOR DIRECTOR OF FINANCE 199519 0 59355 0 0 0 8737 0 17277 0 284888 0 0 0 JAMES PAMPINELLA EXECUTIVE CHEF 163646 0 49950 0 0 0 7463 0 822 0 221881 0 0 0 ANDREW SIROTA DIRECTOR OF RACQUET SPORTS 158315 0 37037 0 0 0 7814 0 8982 0 212148 0 0 0 LYNNRAE ALLAIN HUMAN RESOURCES DIRECTOR 101515 0 32694 0 0 0 5276 0 20081 0 159566 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PURCHASERS OF REAL ESTATE LOTS IN THE DEVELOPMENTS KNOWN AS OAKS I, OAKS II, AND OAKS III MUST PURCHASE EITHER A SOCIAL OR EQUITY MEMBERSHIP, THE COST OF WHICH IS PRESENTLY DETERMINED BY THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION ADHERES TO ITS BY-LAWS, WHICH REQUIRE THE EQUITY MEMBERS TO VOTE ON THE SELECTION OF ITS BOARD MEMBERS. ONLY EQUITY MEMBERS ARE ENTITLED TO VOTE. THE ORGANIZATION FOLLOWS ITS BY-LAWS TO ENSURE A QUORUM OF EQUITY MEMBERS HAVE VOTED. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION ADHERES TO ITS BY-LAWS WHICH REQUIRE APPROVAL OF THE EQUITY MEMBERS BEFORE COMMENCING WITH THE ADDITION OF ANY NEW STRUCTURE OR CLUB FACILITY, OR COMMENCING WITH THE IMPROVEMENT, REPLACEMENT OR REPAIR OF ANY EXISTING CLUB PROPERTY, WHERE THE COST OF THE ADDITION, IMPROVEMENT, REPLACEMENT OR REPAIR IS EXPECTED TO EXCEED $400,000. EXCEPT, MEMBER APPROVAL IS NOT REQUIRED FOR THE REPAIR OR REPLACEMENT OF ANY CLUB PROPERTY EXCEEDING $400,000 IF THE EXPENDITURE IS NECESSITATED BY AN UNEXPECTED EVENT OR DISCOVERY, IS NECESSARY FOR REASONS OF HEALTH, SAFETY OR TO PREVENT FURTHER DAMAGE TO THE CLUB'S EXISTING INFRASTRUCTURE AND THE EXPENDITURE IS APPROVED BY AN 80% VOTE OF THE GOVERNING BODY. IN ADDITION, APPROVAL OF THE EQUITY MEMBERS IS REQUIRED BEFORE (I) ACQUIRING OR CONTRACTING TO ACQUIRE ADDITIONAL LAND IF THE CLUB'S ASSETS, IN WHOLE OR IN PART, ARE TO BE PLEDGED AS COLLATERAL, (II) DISPOSING OF REAL PROPERTY OWNED BY THE CLUB OR (III) LEVYING AN ASSESSMENT FOR ADDITIONS TO, OR THE IMPROVEMENT, REPLACEMENT OR REPAIR OF ANY CLUB PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE MEMBERS OF THE GOVERNING BODY ARE PROVIDED A COPY OF THE RETURN PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF GOVERNORS MEMBERS, THE GENERAL MANAGER, ALL DEPARTMENT DIRECTORS, AND ALL PURCHASERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. THE ACCOUNTING OFFICE NOTIFIES MANAGEMENT IF THERE APPEARS TO BE A CONFLICT. MANAGEMENT AND THE BOARD REVIEW BEFORE ENTERING INTO AGREEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE EVALUATION AND COMPENSATION COMMITTEE OF THE BOARD OF GOVERNORS SETS THE COMPENSATION FOR COO/GM USING A COMPENSATION MARKET SURVEY AND STUDY ALONG WITH THE RESPECTIVE WRITTEN EMPLOYMENT CONTRACTS. THE COMPENSATION COMMITTEE CONSISTS OF THE PRESIDENT, VICE PRESIDENT, AND TREASURER. DUE TO THE NOT-FOR-PROFIT NATURE OF THE CLUB AND THE PURPOSE OF THE ORGANIZATION AND OPERATION, NON-EMPLOYEE OFFICERS SHALL SERVE WITHOUT COMPENSATION OR SALARY FROM THE CLUB, BUT WILL BE ENTITLED TO REIMBURSEMENT FOR ALL EXPENSES REASONABLY INCURRED IN PERFORMING ANY DUTIES PURSUANT TO THE BYLAWS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE ON THE CLUB'S WEBSITE AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E GOLF ACTIVITIES 536,640. FITNESS AND WELLNESS 511,351. EVENTS 476,661. PROPERTY TAXES 298,439. RACQUET SPORTS 253,711. MEMBERSHIP 167,294. HOUSEKEEPING 95,823. INTEREST RATE SWAP AGREEMENT 34,814. FORM 990, PART XI, LINE 9: CAPITAL CONTRIBUTIONS, INCLUDING UPGRADES 2,593,291. EQUITY CERTIFICATES REDEEMED -701,000. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. OAKS CLUB REALTY SERVICES LLC 301 MACEWEN DRIVE OSPREY FL 34229 833648165 REAL ESTATE BROKERAGE FL 27030 N/A