BOULDER MUNICIPAL SPORTS CENTER: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BOULDER MUNICIPAL SPORTS CENTER (EIN 84-0152905)
- Tax period
- 2022-04-01 to 2023-03-31
- Filed
- 2023-09-26
- IRS object ID
- 202342699349301529
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-26T14:10:20-05:00 | ReturnTs |
| Tax Period End | 2023-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 840930288 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROCK AND COMPANY CPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 JFK PARKWAY SUITE 315 | AddressLine1Txt |
| City | FORT COLLINS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80525 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840152905 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOULDER MUNICIPAL SPORTS CENTER INC | BusinessNameLine1Txt |
| Business Name Line2 | DBA BOULDER COUNTRY CLUB | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BOUL | BusinessNameControlTxt |
| Phone | 3035304600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7350 CLUBHOUSE RD | AddressLine1Txt |
| City | BOULDER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL LARSON | PersonNm |
| Person Title | GENERAL MANAGER, COO | PersonTitleTxt |
| Phone | 3035304600 | PhoneNum |
| Signature | 2023-09-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | LARSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SID FAHSHOLTZ CPA | PreparerPersonNm |
| PTIN | P00779361 | PTIN |
| Phone | 9702237855 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL LARSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7350 CLUBHOUSE RD | AddressLine1Txt |
| City | BOULDER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,381,317 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | OFFERING QUALITY RECREATION WITH A COMMITMENT TO EXCELLENCE TO ALL MEMBERS IN AN EXCLUSIVE AND FRIENDLY ENVIRONMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 428 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$48,423 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $80,771 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,195,579 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,691,184 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$5,309 | PYInvestmentIncomeAmt |
| CY Investment Income | $92,808 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,157,867 | PYOtherRevenueAmt |
| CY Other Revenue | -$1,338,251 | CYOtherRevenueAmt |
| PY Total Revenue | $8,032,403 | PYTotalRevenueAmt |
| CY Total Revenue | $8,445,741 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,894,308 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,914,943 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,682,709 | PYOtherExpensesAmt |
| CY Other Expenses | $4,307,184 | CYOtherExpensesAmt |
| PY Total Expenses | $6,577,017 | PYTotalExpensesAmt |
| CY Total Expenses | $9,222,127 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,455,386 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$776,386 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $28,942,513 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,413,383 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,225,446 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,113,071 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,717,067 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,300,312 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OFFERING QUALITY RECREATION WITH A COMMITMENT TO EXCELLENCE TO ALL MEMBERS IN AN EXCLUSIVE AND FRIENDLY ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDE QUALITY GOLF FACILITIES AND EQUIPMENT FOR MEMBERS FOR UP TO 600 FAMILY-MEMBERSHIPS TO USE WITH FELLOW MEMBERS, FAMILY AND GUESTS. PROVIDE 50 MEMBER-TO-MEMBER COMPETITIVE EVENTS, AROUND 75 PROGRAMS AND CLINICS FOR THE MEN, WOMEN, AND JUNIOR GOLFING MEMBERS, AND 4 TO 5 DIFFERENT PROFESSIONALS TO TEACH LESSONS AND CLINICS FOR ALL AGES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROVIDE QUALITY FOOD AND BEVERAGE SERVICES AND FACILITIES FOR UP TO 865 FAMILY-MEMBERSHIPS TO ENJOY WITH THEIR FELLOW MEMBERS, FAMILIES, AND THEIR GUESTS BEFORE AND AFTER RECREATIONAL ACTIVITIES. PROVIDE A PLACE FOR MEMBERS TO COME TO SOCIALIZE DURING LUNCH AND DINNER, AND 20-25 SPECIAL HOLIDAY AND SOCIAL CLUB EVENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROVIDE QUALITY TRAINERS/TEACHERS/PROS, EQUIPMENT AND CLINICS/CLASSES FOR UP TO 865 FAMILY-MEMBERSHIPS TO ENJOY FITNESS, STRENGTH TRAINING, SWIMMING AND TENNIS FACILITIES WITH FELLOW MEMBERS, FAMILIES, AND THEIR GUESTS. THE ATHLETIC FACILITY WAS REMODELED TO MAKE MORE ROOM FOR GROUP AEROBIC EXERCISE CLASSES WITH OVER 25 INSTRUCTORS FOR ALL AGE MEMBERS; ADDED MASSAGE/SPA AREAS WITH 3-4 PHYSICAL THERAPISTS, AND VARIOUS SERVICES; CREATED A BETTER HANDICAP ACCESS FOR THE BUILDING TO MAKE THE BUILDING A SAFER, CLEANER SITE FOR ALL THE ATHLETIC USES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 428 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Initiation Fees And Cap Contri | $1,366,632 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $508,578 | GrossReceiptsForPublicUseAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN POLLITT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3035304600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7350 CLUBHOUSE ROAD | AddressLine1Txt |
| City | BOULDER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80301 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| GREG FREDERICK | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JAY ORRIS | ||||||||
| ADVISOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| SHAUN DAVIES | ||||||||
| PRESIDENT | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JD SHERRY | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| BRADEN MARK | ||||||||
| VICE-PRESIDENT | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MARSHA VIGIL | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISSY EISENHARD | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF COHEN | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER GOULD | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| EILEEN CHRISTENSON | ||||||||
| SECRETARY-TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL LARSON | ||||||||
| GENERAL MANAGER, COO | 50.00 | $285,871 | $0 | $19,840 | Yes (X) | |||
| TIMOTHY PALKO | ||||||||
| COURSE SUPERINTENDENT | 50.00 | $182,854 | $0 | $34,244 | Yes (X) | |||
| MICHAEL SUMMERS | ||||||||
| TENNIS PROFESSIONAL | 40.00 | $160,076 | $0 | $15,125 | Yes (X) | |||
| KEVIN BOLLES | ||||||||
| GOLF DIRECTOR | 50.00 | $133,023 | $0 | $39,008 | Yes (X) | |||
| BLAKE DAVENPORT | ||||||||
| ASSISTANT GENERAL MANAGER | 40.00 | $126,679 | $0 | $23,617 | Yes (X) | |||
| STEPHEN MOODY | ||||||||
| EXECUTIVE CHEF | 40.00 | $134,632 | $0 | $21,764 | Yes (X) | |||
| ALEXANDER VELY | ||||||||
| TENNIS PROFESSIONAL | 40.00 | $100,568 | $0 | $14,055 | Yes (X) | |||
| SARAH FREISMUTH | ||||||||
| MEMBERSHIP DIRECTOR | 40.00 | $109,830 | $0 | $21,927 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,233,533 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $189,580 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TOTAL TURF GOLF SERVICES INC | |||||
| 1965 BYBERRY RD | HUNTINGDON VALLEY | PA | 19006 | STAGING AREA REBUILD | $322,390 |
| DILLER MECHANICAL | |||||
| 9250 BRUIN BLVD | LONGMONT | CO | 80504 | HVAC/EQUIPMENT REPAIR | $290,731 |
| AVALANCHE COMMERCIAL CLEANING | |||||
| 4880 PEARL PKWY W101 | BOULDER | CO | 80301 | HOUSEKEEPING/CLEANING | $146,273 |
| SYNERGI PARTNERS INC | |||||
| 151 W EVANS ST | FLORENCE | SC | 29501 | ERTC CALCULATIONS | $115,723 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES | 713910 | $5,966,261 | $5,966,261 | |
| PROGRAM SERVICE REVENUE | 713910 | $2,544,600 | $2,480,549 | $64,051 |
| CAPITAL RENOVATION FEES | 713910 | $1,180,323 | $1,180,323 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,691,184 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $90,685 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $90,685 | UnrelatedBusinessRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $36,805 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $70,012 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$33,207 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$33,207 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$33,207 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,123 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,123 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,123 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,123 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $3,510,757 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $4,865,564 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,354,807 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,184,855 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$169,952 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | 713910 | $34,229 | $34,229 |
| LATE CHARGE FEE | 713910 | $15,534 | $15,534 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $49,763 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,445,741 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,494,164 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$48,423 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $628,801 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,676,298 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,878 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,808 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $328,158 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,165 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,460 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,493 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,707 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $928,264 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,379 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,179 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,640,261 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,042 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| REPAIRS AND MAINTENANCE | $363,855 |
| CHEMICALS/FERTILIZER | $228,403 |
| MISCELLANOUS EXPENSES | $191,641 |
| GOLF SHOP & TOURNAMENTS | $92,959 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,242 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,222,127 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $769,878 | BOYAmt |
| EOY | $15,786 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,980,433 | BOYAmt |
| EOY | $2,017,869 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,770 | BOYAmt |
| EOY | $378,608 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,741 | BOYAmt |
| EOY | $78,422 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $39,601,499 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,671,781 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,062,801 | BOYAmt |
| EOY | $21,929,718 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,666,890 | BOYAmt |
| EOY | $4,992,980 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,942,513 | BOYAmt |
| EOY | $29,413,383 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,945,234 | BOYAmt |
| EOY | $2,114,728 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,120 | BOYAmt |
| EOY | $22,344 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,259,092 | BOYAmt |
| EOY | $7,975,999 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,225,446 | BOYAmt |
| EOY | $10,113,071 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,000 | BOYAmt |
| EOY | $343,000 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,367,067 | BOYAmt |
| EOY | $18,957,312 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,717,067 | BOYAmt |
| EOY | $19,300,312 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,942,513 | BOYAmt |
| EOY | $29,413,383 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$776,386 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,359,631 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,748,471 | OtherCostOrOtherBasisAmt |
| Book Value | $8,748,471 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,269,015 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,756,938 | DepreciationAmt |
| Book Value | $10,512,077 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,408,319 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,914,843 | DepreciationAmt |
| Book Value | $1,493,476 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,175,694 | OtherCostOrOtherBasisAmt |
| Book Value | $1,175,694 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,929,718 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| UNEARNED INITIATION RECEIVABLE | $139,965 |
| LONG RANGE INVESTMENT | $4,295,143 |
| ROU ASSET | $557,872 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,992,980 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,669,596 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $6,223,855 | OtherRevenueAmt |
| Revenue Not Reported | $6,223,855 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,445,741 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,445,741 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,086,350 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,864,223 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,864,223 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,222,127 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,222,127 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CLUB UTILIZES PROVISIONS OF ASC 740, PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE PRONOUNCEMENT REQUIRES THE USE OF A MORE-LIKELY-THAN-NOT RECOGNITION CRITERIA BEFORE AND SEPARATE FROM THE MEASUREMENT OF A TAX POSITION. AN ENTITY SHALL INITIALLY RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. WITH RESPECT TO THE CLUB, THIS WOULD PRIMARILY RELATE TO THE DETERMINATION OF UNRELATED BUSINESS TAXABLE INCOME, AND TO THE MAINTENANCE OF ITS TAX EXEMPT STATUS. MANAGEMENT HAS EVALUATED THE POLICIES AND PROCEDURES THAT HAVE BEEN IMPLEMENTED TO PROVIDE ASSURANCE THAT INCOME IS PROPERLY CHARACTERIZED AND ACTIVITIES THAT JEOPARDIZE ITS TAX EXEMPT STATUS ARE WITHIN LIMITS ESTABLISHED UNDER EXISTING TAX CODE AND REGULATIONS. MANAGEMENT HAS DETERMINED THE EFFECTS OF UNCERTAIN TAX POSITIONS ARE NOT MATERIAL TO THE CLUB FOR RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AND, ACCORDINGLY, NO INCOME TAX LIABILITY HAS BEEN RECORDED FOR UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALL INCOME TAX YEARS OPEN FOR EXAMINATION ARE SUBJECT TO TAXATION AT CORPORATE TAX RATES. THE TAX YEARS ENDED MARCH 31, 2020 THROUGH PRESENT ARE AVAILABLE FOR EXAMINATION AT MARCH 31, 2023. ADDITIONALLY, PENALTIES AND INTEREST MAY BE ASSESSED ON INCOME TAXES THAT ARE DELINQUENT. THE ASSESSMENT OF UNCERTAIN INCOME TAXES IS SUBJECT TO ESTIMATE, AND IT IS REASONABLY POSSIBLE THAT THE ESTIMATE MAY CHANGE IN THE NEAR TERM AND THE CHANGE MAY BE MATERIAL. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 4,865,564. INITIATION FEES 1,359,632. INTEREST ON EMPLOYEE RETENTION CREDIT -1,341. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 4,865,564. INTEREST ON EMPLOYEE RETENTION CREDIT -1,341. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL LARSON | ||||||||||||||
| GENERAL MANAGER, COO | $285,871 | $0 | $0 | $0 | $0 | $0 | $10,933 | $0 | $8,907 | $0 | $305,711 | $0 | $0 | $0 |
| TIMOTHY PALKO | ||||||||||||||
| COURSE SUPERINTENDENT | $182,854 | $0 | $0 | $0 | $0 | $0 | $8,187 | $0 | $26,057 | $0 | $217,098 | $0 | $0 | $0 |
| MICHAEL SUMMERS | ||||||||||||||
| TENNIS PROFESSIONAL | $160,076 | $0 | $0 | $0 | $0 | $0 | $6,492 | $0 | $8,633 | $0 | $175,201 | $0 | $0 | $0 |
| KEVIN BOLLES | ||||||||||||||
| GOLF DIRECTOR | $133,023 | $0 | $0 | $0 | $0 | $0 | $6,244 | $0 | $32,764 | $0 | $172,031 | $0 | $0 | $0 |
| STEPHEN MOODY | ||||||||||||||
| EXECUTIVE CHEF | $134,632 | $0 | $0 | $0 | $0 | $0 | $5,626 | $0 | $16,138 | $0 | $156,396 | $0 | $0 | $0 |
| BLAKE DAVENPORT | ||||||||||||||
| ASSISTANT GENERAL MANAGER | $126,679 | $0 | $0 | $0 | $0 | $0 | $5,488 | $0 | $18,129 | $0 | $150,296 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS A SOCIAL CLUB COMPRISED OF MEMBERS. A FEW MEMBERS STILL HAVE AN EQUITY PORTION FROM THE 1987 OFFER TO RAISE FUNDS TO BUILD THE INDOOR FACILITY. MEMBERS PAY AN INITIATION FEE TO BECOME A MEMBER OF THE CLUB AND GO THROUGH A CREDIT CHECK AND A PERSONAL APPROVAL PROCESS WITH THE MEMBERSHIP COMMITTEE. TWO CURRENT MEMBERS MUST SPONSOR A NEW MEMBER. THE BOARD THEN VOTES ON WHETHER TO ACCEPT THE PROSPECTIVE MEMBER BASED ON THE FINDINGS OF THE MEMBERSHIP COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS VOTE TO ELECT NINE OF THE TEN BOARD MEMBERS,WHO SERVE FOR THREE (STAGGERED) YEARS. THE PAST YEAR PRESIDENT SERVES AN ADDITIONAL YEAR AS ADVISOR TO THE BOARD. THE MEMBERS VOTE FOR BOARD MEMBERS AT THEIR ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD MAY NOT ASSESS THE MEMBERSHIP FOR CAPITAL IMPROVEMENTS WITHOUT THE MAJORITY APPROVAL OF THE VOTING MEMBERSHIP. THE MEMBERS MUST ALSO VOTE ON ANY CHANGES TO THE BY-LAWS AND ANY MAJOR TRANSACTIONS CONCERNING THE LAND. THE VOTE IS CONDUCTED AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 GOES TO THE BOARD OF DIRECTORS AND IS REVIEWED AND DISCUSSED AT THEIR MEETING. THE COO SIGNS THE FORM 990 BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION USES AN EXECUTIVE COMMITTEE TO DETERMINE COMPENSATION FOR THE GENERAL MANAGER AND HIGH LEVEL EMPLOYEES. THE COMMITTEE UTILIZES THE "CLUB MANAGERS ASSOCIATION" STATISTICS AND DATA FOR HIRING AND ANNUAL RAISES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS AVAILABLE TO THE MEMBERS ON ITS WEBSITE AND IN A MAILING. AN ABBREVIATED VERSION OF THE FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS ON THE WEBSITE AND IN A NEWS LETTER. FULL FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. NONE ARE PROVIDED TO THE GENERAL PUBLIC AT LARGE. |
| FORM 990, PART XI, LINE 9: | PLUS INITIATION FEES 1,366,632. CERTIFICATES -7,000. ROUNDING -1. |