2023-08-14T17:47:16-05:00 2022-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2022-01-01 930232310 MULTNOMAH ATHLETIC CLUB MULT 5032236251 1849 SW SALMON STREET PORTLAND OR 97205 CHARLES LEVERTON III GENERAL MANAGER 5032236251 2023-08-14 1 CHARLES LEVERTON III 999009999 0 WENDY CAMPOS P00448102 5032421447 2023-08-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES LEVERTON III 1849 SW SALMON STREET PORTLAND OR 97205 49681632 0 X WWW.THEMAC.COM X 1891 OR PRIVATE ATHLETIC CLUB 17 17 860 564 1524448 768973 0 0 32727209 39772010 3502997 1005901 2905394 5340158 39135600 46118069 73377 0 0 0 19400766 26817385 0 0 0 16627276 18217271 36101419 45034656 3034181 1083413 105959978 102889160 14357337 16683957 91602641 86205203 ENRICHING LIVES, FOSTERING FRIENDSHIPS AND BUILDING UPON OUR TRADITIONS OF EXCELLENCE IN ATHLETIC, SOCIAL AND EDUCATIONAL PROGRAMS. 0 0 THE MULTNOMAH ATHLETIC CLUB PURPOSE IS TO PROMOTE SPORTS, EXERCISE AND ATHLETICS OF EVERY KIND AND TO ENCOURAGE PHYSICAL FITNESS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 180 0 1 860 1 1 1 0 0 0 0 5771420 594091 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OR X CHARLES LEVERTON III 5032236251 1849 SW SALMON STREET PORTLAND OR 97205 MARY TURINA BOARD PRESIDENT 25.00 X X 0 0 0 MARILYN WHITAKER BOARD VICE PRESIDNET 20.00 X X 0 0 0 KYLE GOULARD BOARD TREASURER 20.00 X X 0 0 0 MIKE MATTHEWS BOARD SECRETARY 20.00 X X 0 0 0 NATHAN AYOTTE TRUSTEE 15.00 X 0 0 0 RICHARD MAXWELL TRUSTEE 15.00 X 0 0 0 ALISON ROSENBLUM TRUSTEE 15.00 X 0 0 0 KATHERINE VANZENTEN TRUSTEE 15.00 X 0 0 0 ROBERT TORCH TRUSTEE 15.00 X 0 0 0 CHASE MCPHERSON TRUSTEE 15.00 X 0 0 0 STEVE BROWN TRUSTEE 15.00 X 0 0 0 REIDUM ZANDER TRUSTEE 15.00 X 0 0 0 RYAN CHIOTTI TRUSTEE 15.00 X 0 0 0 JENNIFER STRAIT TRUSTEE 15.00 X 0 0 0 MARY MANILA TRUSTEE 15.00 X 0 0 0 ANDREW RANDLES TRUSTEE 15.00 X 0 0 0 JENNY KIM TRUSTEE 15.00 X 0 0 0 CHARLES LEVERTON III GENERAL MANAGER 40.00 X 544200 0 40816 VALERIE JOHNSON ATHLETIC DIRECTOR 40.00 X 251205 0 19023 JOHN STERBIS SENIOR DIRECTOR OF OPERATI 40.00 X 222950 0 13384 MATTHEW ABRAHAM DIRECTOR OF TECHNOLOGY & P 40.00 X 201954 0 18492 STEPHANIE CAMERON DIRECTOR OF COMMUNICATIONS 40.00 X 178227 0 18173 PHILIPPE BOULOT EXECUTIVE CHEF 40.00 X 150261 0 21813 1548797 0 131701 12 0 1 0 TECH HEADS 7070 SW FIR LOOP PORTLAND OR 97223 TECHNOLOGY 655297 GENSLER ARCHITECTURE DESIGN & PLANNING 811 SW 6TH STE 300 PORTLAND OR 97204 DESIGN AND PLANNING 535799 SECURITAS SECURITY SERVICES USA INC 129 SW 4TH AVE PORTLAND OR 97204 SECURITY 258730 LEASE CRUTCHER LEWIS LLC 550 SW 12TH AVE PORTLAND OR 97205 GENERAL CONTRACTOR 138663 MATHYS-POTESTIO LLC 917 SW OAK ST 315 PORTLAND OR 97205 CONTRACT LABOR 135251 8 MEMBERSHIP DUES 713940 31351392 31351392 ATHLETIC ACTIVITIES 713940 5808894 5808894 MISC CHARGES 713940 1516598 1446921 69677 LOCKER RENTALS 713940 1095126 1095126 39772010 1003512 702785 300727 668881 453045 215836 215836 104638 111198 2874 485 2389 2389 2389 7786103 3110033 4676070 4483534 192536 ADVERTISING/MAGAZINE 513120 448252 448252 448252 46118069 44290505 1524448 303116 585017 18508620 7723748 83907 78922 1435218 917 1100071 1475729 241653 783948 5653802 223636 EQUIPMENT RENTAL/MAINT 2738271 ATHLETICS 599715 SECURITY/PARKING 464762 INCOME TAX ON UBI 236904 3099816 45034656 1155143 162392 12333490 16836624 6349688 6655736 267293 479950 980614 1028684 118413938 72562187 47488657 45851751 37294384 30815768 90709 1058255 105959978 102889160 3157963 3738195 11199374 11717309 0 1228453 14357337 16683957 X 91602641 86205203 91602641 86205203 105959978 102889160 1083413 -6480851 0 X 0 1 X 1 0 1999407 1999407 83007550 50204218 32803332 2233174 980534 1252640 30775957 21377435 9398522 397850 397850 45851751 LEASE LIABILITY 1078410 ACCRUED TAXES 150043 1228453 X PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FOOTNOTE - THE CLUB RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN TAXES ON UNRELATED BUSINESS INCOME. DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE CLUB RECOGNIZED NO MATERIAL UNCERTAIN TAX POSITIONS. IN ACCORDANCE WITH THE REQUIREMENTS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE CLUB DETERMINED THAT IT HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2022. THE CLUB FILES AN EXEMPT ORGANIZATION INCOME TAX RETURN AND AN UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND A CORPORATE TAX RETURN WITH THE OREGON DEPARTMENT OF REVENUE AND THE CITY OF PORTLAND. 1 X X X 0 0 0 CHARLES LEVERTON III GENERAL MANAGER 400000 0 144200 0 0 0 34908 0 5908 0 585016 0 0 0 VALERIE JOHNSON ATHLETIC DIRECTOR 226220 0 24985 0 0 0 15075 0 3948 0 270228 0 0 0 JOHN STERBIS SENIOR DIRECTOR OF OPERATI 190550 0 32400 0 0 0 13384 0 0 0 236334 0 0 0 MATTHEW ABRAHAM DIRECTOR OF TECHNOLOGY & P 171656 0 30298 0 0 0 11342 0 7150 0 220446 0 0 0 STEPHANIE CAMERON DIRECTOR OF COMMUNICATIONS 151714 0 26513 0 0 0 10700 0 7473 0 196400 0 0 0 PHILIPPE BOULOT EXECUTIVE CHEF 148167 0 2094 0 0 0 14921 0 6892 0 172074 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS THE FOLLOWING MEMBERSHIP CLASSES: ADULT RESIDENT; ADULT NONRESIDENT; JUNIOR AND INTERMEDIATE; AND ATHLETIC, CIVIL AND SOCIAL. ONLY ADULT RESIDENT MEMBERS HAVE THE RIGHT TO VOTE; ONLY ADULT RESIDENT AND ADULT NONRESIDENT MEMBERS ARE ENTITLED TO DISSOLUTION RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ADULT RESIDENT MEMBERS HAVE THE RIGHT TO VOTE AT ALL MEETINGS OF MEMBERS AND ARE ENTITLED TO VOTE ON EACH MATTER SUBMITTED TO THE MEMBERSHIP. ONLY ADULT RESIDENT MEMBERS ARE ELIGIBLE TO BE ELECTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B DOCUMENTATION FOR FORM 990 IS PREPARED BY THE ACCOUNTING & FINANCE DIRECTOR. THE FORM IS REVIEWED BY THE GENERAL MANAGER BEFORE BEING E-MAILED TO THE AUDIT COMMITTEE FOR REVIEW. THE FORM IS THEN E-MAILED TO THE FULL BOARD BEFORE BEING SIGNED BY THE GENERAL MANAGER AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEWS ARE CONDUCTED TO ENFORCE THE CONFLICT OF INTEREST POLICY. NEW STATEMENTS ARE SIGNED EACH YEAR BY NEW BOARD MEMBERS, EXECUTIVE TEAM MEMBERS, AS WELL AS MEMBERS OF ALL MAJOR COMMITTEES. MEMBERS WITH A CONFLICT ARE ASKED TO ABSTAIN FROM VOTING IF A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES ENGAGED AN INDEPENDENT THIRD PARTY CONSULTANT TO DO A MARKET REVIEW OF THE GENERAL MANAGER'S COMPREHENSIVE COMPENSATION PACKAGE. THIS WAS REVIEWED BY THE BOARD OF TRUSTEES AND ENGAGED LAWYERS TO DETERMINE A COMPENSATION STRATEGY FOR THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION IS A PRIVATELY HELD OPERATING ENTITY UNDER IRC SECTION 501(C)(7). GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT REQUIRED TO BE AND ARE THEREFORE NOT MADE AVAILABLE TO THE PUBLIC. DESIGN CENTER PDX LLC 1849 SW SALMON STREET PORTLAND OR 97205 RENTAL OR 466898 209435 MULTNOMAH ATHLETIC CLUB MAC BLOCK 7 LLC 1849 SW SALMON STREET PORTLAND OR 97205 REAL ESTATE HOLDINGS OR 0 0 MULTNOMAH ATHLETIC CLUB MAC 21 LLC 1849 SW SALMON STREET PORTLAND OR 97205 REAL ESTATE HOLDINGS OR 0 0 MULTNOMAH ATHLETIC CLUB