2020-01-24T14:34:32-06:00 2019-06-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2018-07-01 590706084 PALM BEACH COUNTRY CLUB INC PALM 5618443501 760 NORTH OCEAN BOULEVARD PALM BEACH FL 33480 ROBERT SCHLAGER PRESIDENT 5618443501 2020-01-24 1 CHRISTOPHER CECIL P01877773 5616971785 66.98.98.134 2020-01-24 15:33:02 ES P 275CF77108C73FD0292F92E4F7F64B66EFD87EAA 4C1CA6CF951B9AFBB475C80B6A1091FE6A0EBE72 2018 2020-09-23 17:36:50Z ROBERT SCHLAGER 760 NORTH OCEAN BOULEVARD PALM BEACH FL 33480 22142677 0 X N/A X 1973 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 16 16 162 24 75706 48244 0 0 13052447 19583880 -723878 -1602760 1065714 1266268 13394283 19247388 0 0 0 0 5055774 5951827 0 0 0 9389511 11283653 14445285 17235480 -1051002 2011908 24422567 23790863 5112757 2469145 19309810 21321718 PALM BEACH COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXPEMT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 FOOD AND BEVERAGE SALES TOTALED $1,777,459 FOR THE YEAR ENDING 06/30/2019, OF WHICH $9,850 WAS NON-MEMBER RELATED INCOME. THE CLUB PROVIDES GOLF AND DINING FACILITIES TO APPROXIMATELY 380 MEMBERS. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 162 1 1 1 0 0 0 1 1 9481337 24862 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 X RICHARD KELLEMS 5618443501 760 NORTH OCEAN BLVD PALM BEACH FL 33480 ROBERT SCHLAGER PRESIDENT 1.00 X X 0 0 0 JOHN WALLERSTEIN VICE PRESIDENT 1.00 X X 0 0 0 RICHARD ROTHSCHILD VICE PRESIDENT 1.00 X X 0 0 0 STEVEN RAPPAPORT TREASURER 1.00 X X 0 0 0 WARREN SPECTOR SECRETARY 1.00 X X 0 0 0 JEFFREY B LANE DIRECTOR 1.00 X 0 0 0 WILLIAM MACK DIRECTOR 1.00 X 0 0 0 DR ROBIN SMITH DIRECTOR 1.00 X 0 0 0 MITCHELL JACOBSON DIRECTOR 1.00 X 0 0 0 MICHAEL ROME DIRECTOR 1.00 X 0 0 0 DAVID MACK DIRECTOR 1.00 X 0 0 0 JAY GOLDBERG DIRECTOR 1.00 X 0 0 0 JACK NUSBAUM DIRECTOR 1.00 X 0 0 0 RICHARD BORNSTEIN DIRECTOR 1.00 X 0 0 0 STEPHEN FINE DIRECTOR 1.00 X 0 0 0 WILLIAM FINNERAN DIRECTOR 1.00 X 0 0 0 STEVEN L BIELSKY GENERAL MANAGER - FORMER 60.00 X 1296209 0 7488 RICHARD KELLEMS CHIEF FINANCIAL OFFICER 50.00 X 207501 0 34934 RONALD PASSAGGIO GENERAL MANAGER - CURRENT 60.00 X 118120 0 5940 MATTHEW TACILAUSKAS GROUNDS SUPERINTENDENT - FORMER 60.00 X 175433 0 13627 EZEQUIEL LOPEZ EXECUTIVE CHEF 60.00 X 253468 0 38147 NORA HIGGINS CLUBHOUSE MANAGER 50.00 X 124688 0 21695 ANSELMO GARCIA PASTRY CHEF 50.00 X 105528 0 19843 GEORGE KERVERN GROUNDS SUPERINTENDENT - CURRENT 60.00 X 109208 0 4852 2390155 0 146526 8 0 1 0 YOUCHAK & YOUCHAK 340 ROYAL POINCIANA WAY PALM BEACH FL 33480 CONTRACTOR 3238929 FLORIDA BLUE 4855 TOWN CENTER PKWY JACKSONVILLE FL 32246 HEALTH INSURANCE 501302 COUNTRY CLUB SERVICES INC 749 NE 70TH ST BOCA RATON FL 33487 GOLF COURSE CONSTRUCTION 488601 LOPEZ GROUP INC 1406 RANCHETTE RD WEST PALM BEACH FL 33415 LANDSCAPING 470032 PURE PROGRAMS LLC 800 CORPORATE DRIVE SUITE 420 FT LAUDERDALE FL 33334 INSURANCE PREMIUMS 444825 5 MEMBERSHIP DUES & ASSESSMENTS 713910 19124655 19124655 LOCKER RENTALS 713910 170625 170625 GREENS FEES 713910 121201 111558 9643 BAG STORAGE 713910 87100 87100 GOLF CART RENTALS 713910 79254 79254 1045 1045 19583880 55221 55221 112100 1770081 -1657981 -1657981 -1657981 2249347 1125208 1124139 1117180 6959 MISCELLANEOUS 713910 138246 138246 TAXABLE ANNUITY 713910 3883 3883 142129 19247388 20829663 75706 -1657981 X 4633090 1318737 738211 3006020 216073 GOLF COURSE MAINTENANCE 1264930 CLUBHOUSE 1239591 UNBUDGETED MAJOR BUILDI 1230877 SEVERANCE AND HUMAN RES 978105 2609846 17235480 1484564 762434 253895 0 34352 136638 476105 44781 159142 625299 672707 50458630 29098037 20225093 21360593 1278478 699349 24422567 23790863 856618 909990 4256139 1559155 5112757 2469145 X 19309810 21321718 19309810 21321718 24422567 23790863 2011908 0 X X 0 1 X 1 0 727683 727683 19361021 8373992 10987029 11280292 10410785 869507 19089634 10313260 8776374 21360593 DEFERRED COMPENSATION - ST 110200 DEFERRED COMPENSATION - LT 851455 MEMBERS' CERTIFICATES OF EQUITY, SUBJECT TO REDEMPTION 597500 1559155 X 20372596 0 20372596 -1125208 -1125208 19247388 18360688 1125208 1125208 17235480 0 17235480 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 FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -1,125,208. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,125,208. X 1 1 X X X X 0 0 0 STEVEN L BIELSKY GENERAL MANAGER - FORMER 711567 0 0 0 584642 0 0 0 7488 0 1303697 0 0 0 RICHARD KELLEMS CHIEF FINANCIAL OFFICER 94297 0 39000 0 74204 0 17115 0 17819 0 242435 0 0 0 MATTHEW TACILAUSKAS GROUNDS SUPERINTENDENT - FORMER 169693 0 0 0 5740 0 0 0 13627 0 189060 0 0 0 EZEQUIEL LOPEZ EXECUTIVE CHEF 213484 0 23500 0 16484 0 14787 0 23360 0 291615 0 0 0 PART I, LINE 1A THE CLUB PROVIDES A RESIDENCE ON SITE TO THE GENERAL MANAGER FOR SECURITY PURPOSES AND AS A CONDITION OF EMPLOYMENT. THIS IS NOT TAXABLE COMPENSATION TO THE GENERAL MANAGER. MATTHEW TACILAUSKAS KEY EMPLOYEE MORTGAGE X 500000 0 0 1 1 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBER CATEGORIES HAVE VOTING RIGHTS: REGULAR AND HOUSE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO MEMBERSHIP APPROVAL: ELECTION OF BOARD MEMBERS AND BY-LAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CHIEF FINANCIAL OFFICER, TREASURER AND PRESIDENT. THE CHIEF FINANICAL OFFICER, TREASURER AND PRESIDENT REVIEW THE FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12 THE GENERAL MANAGER AND CHIEF FINANCIAL OFFICER REVIEW ANY POTENTIAL UNUSUAL ACTIVITY WHEN PAYING INVOICES OR CONTRACTING FOR FUTURE CAPITAL PROJECTS. CONTRACTORS ARE ASKED IF THEY HAVE ANY AFFILIATIONS WITH THE CLUB. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION INCREASES ARE BASED ON PERFORMANCE AND THE BUDGET. THE TREASURER OF THE BOARD REVIEWS ALL COMPENSATION PACKAGES WHICH ARE THEN APPROVED BY THE PRESIDENT. 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, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E ADMINISTRATIVE & GENERAL 673,171. FOOD & BEVERAGE 459,549. EXCESS HURRICANE INSURANCE EXPENSE 418,634. CLUB FUNCTIONS & ENTERTAINMENT 391,407. GOLF ACTIVITIES 252,878. OTHER - HURRICANE EXPENSES 111,427. EMPLOYEE RETIREMENT EXPENSE 103,625. TENNIS & FITNESS 79,754. LOCKER 77,550. CARD ROOM 41,851. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.