2020-09-21T11:57:18-05:00 2019-12-31 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2019-01-01 592369514 OAKS CLUB CORPORATION OAKS 9419662161 301 MACEWEN DR OSPREY FL 34229 JEFFREY R HARTIGAN GM/COO 9419662161 2020-07-28 1 REBECCA U STONER P00585910 9413654617 71.101.221.218 2020-07-28 11:17:15 ED P F34995E5236668E304D23793A359F7991A8738E4 714E6C1B206DC3F987CF9E146D19709275A9BB1D 2019 2022-02-16 14:24:37Z JEFFREY R HARTIGAN 301 MACEWEN DRIVE SARASOTA FL 34229 15460905 0 X WWW.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. 9 9 215 100 111791 2456 0 0 13264211 13195987 -43945 0 951289 939809 14171555 14135796 0 0 0 0 6879186 7087647 0 0 0 7045115 7521079 13924301 14608726 247254 -472930 37351954 36489419 13654087 19551166 23697867 16938253 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 USE OF ITS 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 0 0 0 0 0 0 0 0 0 1 0 0 0 1 97 0 1 215 1 1 1 0 0 0 0 2444930 467885 0 0 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 FL X KAREN KING 9419662161 301 MACEWEN DRIVE OSPREY FL 34229 STEVE JOHNSON BOARD MEMBER 6.50 X 0 0 0 ANNE LOCKIE-MEEHAN BOARD MEMBER 6.50 X 0 0 0 LOU RICHARDSON-RHYNE BOARD MEMBER 6.50 X 0 0 0 MIKE WALLACE BOARD MEMBER 6.50 X 0 0 0 TOM WINTER BOARD MEMBER 6.50 X 0 0 0 PAUL BEGGAN VP EFF. APRIL 2019 6.50 X X 0 0 0 STEVE LAHOOD SECRETARY 6.50 X X 0 0 0 SAM STRICKLAND TREASURER 6.50 X X 0 0 0 MIKE LONIER PRESIDENT 6.50 X X 0 0 0 CLAUDIA LATONA VP THRU APRIL 2019 6.50 X X 0 0 0 JEFFREY R HARTIGAN GM/COO 40.00 X 343277 0 28314 KAREN KING DIR. OF FINANCE 40.00 X 166456 0 7627 HOLLY FARRELL DIR. OF CLUBHOUSE 40.00 X 135940 0 18456 THOMAS WHITTEN DIR. OF TENNIS 40.00 X 163218 0 10801 TIMOTHY BECKWITH DIR. OF GOLF 40.00 X 157386 0 23484 JAMES PAMPINELLA II EXECUTIVE CHEF 40.00 X 148305 0 17975 NICHOLAS KEARNS DIR. OF GROUNDS 40.00 X 183880 0 23415 1298462 0 130072 9 0 1 0 TEE OFF TEMPS PO BOX 75343 CHICAGO IL 60675 TEMPORARY LABOR 874293 FLORIDA BLUE INSURANCE PO BOX 660299 DALLAS TX 75266 MEDICAL INSURANCE 651241 PNC EQUIPMENT LEASING PO BOX 931034 CLEVELAND OH 44193 EQUIPMENT LEASING 286597 BOUCHARD INSURANCE PO BOX 6090 CLEARWATER FL 33758 GENERAL INSURANCE 238628 US FOODSERVICE INC PO BOX 281841 ATLANTA GA 30384 FOOD VENDOR 233588 19 MEMBERSHIP DUES & ASSESSMENTS 713910 8344552 8344552 GOLF, TENNIS & FITNESS FEES 713910 1581687 1368843 212844 CAPITAL CHARGES 713910 1458226 1458226 CAPITAL CONTRIBUTIONS 713910 986704 986704 EVENTS 713910 562825 562825 261993 261993 13195987 2259212 1325109 934103 828018 106085 FUEL TAX CREDIT 713910 3456 3456 REFERRAL INCOME 531390 2250 2250 5706 14135796 13811161 111791 212844 545674 5592396 21375 549979 378223 172082 25820 365758 74013 162759 87935 499806 398705 2172007 414346 MAINTENANCE EXPENSE 1214299 OPERATING SUPPLIES 558053 CLUBHOUSE EXPENSE 440263 LEASED EQUIPMENT 313298 621935 14608726 4340748 4494198 3292995 3558178 459750 478095 437183 345954 51785184 24416270 28761278 27368914 60000 244080 37351954 36489419 1210613 1253445 2597785 9260347 8998309 8059807 847380 977567 13654087 19551166 X 23697867 16938253 23697867 16938253 37351954 36489419 X -472930 -38730 -6247954 X X 0 1 X 1 0 9367112 9367112 18247515 11011130 7236385 6762918 2552376 4210542 17407639 10852764 6554875 27368914 CAPITAL LEASE OBLIGATIONS 793487 457(B) PLAN LIABILITY 184080 977567 X 15455199 0 15455199 -1319403 -1319403 14135796 15928708 1325109 1325109 14603599 5127 5127 14608726 PART X, LINE 2: UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE CLUB HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE CLUB. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE -1,325,109. FUEL TAX CREDIT 3,456. OAKS REALTY REVENUE 2,250. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 1,325,109. OAKS REALTY EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: OAKS REALTY EXPENSES 5,127. X 0 0 0 JEFFREY R HARTIGAN GM/COO 292309 0 43959 0 7009 0 9133 0 19181 0 371591 0 0 0 KAREN KING DIR. OF FINANCE 141730 0 24726 0 0 0 0 0 7627 0 174083 0 0 0 HOLLY FARRELL DIR. OF CLUBHOUSE 117154 0 18786 0 0 0 2033 0 16423 0 154396 0 0 0 THOMAS WHITTEN DIR. OF TENNIS 54685 0 9800 0 98733 0 130 0 10671 0 174019 0 0 0 TIMOTHY BECKWITH DIR. OF GOLF 122670 0 22834 0 11882 0 1679 0 21805 0 180870 0 0 0 JAMES PAMPINELLA II EXECUTIVE CHEF 125471 0 22834 0 0 0 1065 0 16910 0 166280 0 0 0 NICHOLAS KEARNS DIR. OF GROUNDS 155547 0 28333 0 0 0 2333 0 21082 0 207295 0 0 0 FORM 990, PART I, LINE 6 VOLUNTEERS VOLUNTEERS ARE MEMBERS WHO VOLUNTEER ON VARIOUS COMMITTEES OF THE CLUB. 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 CERTAIN ACTIONS TO BE APPROVED BY ITS EQUITY 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 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE TAX RETURN, IT WILL BE REVIEWED BY THE DIRECTOR OF FINANCE TO VERIFY ACCURACY. A SECOND REVIEW WILL THEN BE DONE BY THE BOARD TREASURER. 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 DETERMINED BY THE COMMITTEE IS THEN APPROVED BY THE ENTIRE BOARD. THE GM/COO, IN CONSULTATION WITH THE EVALUATION AND COMPENSATION COMMITTEE, DETERMINES COMPENSATION FOR SENIOR MANAGEMENT INCLUDING THE DIRECTOR OF FINANCE, DIRECTOR OF GOLF, DIRECTOR OF TENNIS, DIRECTOR OF GREEN & GROUNDS, DIRECTOR OF CLUB OPERATIONS, DIRECTOR OF MEMBERSHIP, DIRECTOR OF HUMAN RESOURCES, DIRECTOR OF FITNESS AND EXECUTIVE CHEF. THE GM/COO DETERMINES COMPENSATION FOR ANY OTHER KEY EMPLOYEES BASED ON MARKET FACTORS AND COMPENSATION STUDIES. 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 19 ALL REQUIRED DISCLOSURES ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN EQUITY CERTIFICATES -351,600. FUEL TAX CREDIT -3,456. ADOPTION OF ASC 606 - EQUITY -5,494,925. ADOPTION OF ASC 606 - REVENUE -400,850. OAKS REALTY REVENUE -2,250. OAKS REALTY EXPENSE 5,127. FORM 990, PART XII, LINE 2C AUDIT REVIEW PROCESS THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. TOC HOLDINGS LLC 301 MACEWEN DR OSPREY FL 34229 450602950 COLLECTION FL N/A OAKS CLUB REALTY SERVICES LLC 301 MACEWEN DR OSPREY FL 34229 833648165 REAL ESTATE BROKERAGE FL 2250 722 N/A