2019-11-14T08:58:28-06:00 2018-12-31 420714325 RSM US LLP 5551 RIDGEWOOD DRIVE SUITE 401 NAPLES FL 34108 990 2018-01-01 650066096 THE FOREST COUNTRY CLUB INC FORE 2394828378 6100 CLUB BLVD SW FT MYERS FL 33908 MATT GAUDET GENERAL MANAGER 2394828378 2019-11-14 1 CHRISTOPHER CECIL P01877773 2395960105 66.98.98.135 2019-11-14 09:58:20 ES P 6382FED9715D8131D2847893377072FBD4F5B5DD 4C1CA6CF951B9AFBB475C80B6A1091FE6A0EBE72 2018 2020-03-31 21:24:44Z MATT GAUDET 6100 CLUB BLVD SW FT MYERS FL 33908 8068619 0 X WWW.THEFORESTCC.COM X 1988 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 143 100 435739 4531 0 0 5001197 5125982 3993 -585731 1825486 2294250 6830676 6834501 0 0 0 0 3548545 3446681 0 0 0 4254760 3454486 7803305 6901167 -972629 -66666 17088599 21334354 8390996 10236884 8697603 11097470 THE FOREST COUNTRY CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB HAS TWO 18 HOLE GOLF COURSES. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/18 WERE APPROXIMATELY 44,992 OF WHICH APPROXIMATELY 7,433 ROUNDS WERE NON-MEMBER RELATED. TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR ENDED 12/31/18 WAS $949,277 OF WHICH $96,553 WAS NON-MEMBER RELATED. 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 0 0 0 0 1 46 0 1 143 1 1 1 0 0 0 1 1 0 463898 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X FRANK AGNELLO JR 2394828378 6100 CLUB BLVD SW FORT MYERS FL 33908 KEN EDGE PRESIDENT 1.00 X X 0 0 0 BOB GLANCY VICE PRESIDENT 1.00 X X 0 0 0 KRISTY GUDOBBA SECRETARY 1.00 X X 0 0 0 SCOTT WILFONG TREASURER 1.00 X X 0 0 0 ED BELL DIRECTOR 1.00 X 0 0 0 RON BOUDREAUX DIRECTOR 1.00 X 0 0 0 DALE CARLSON DIRECTOR 1.00 X 0 0 0 RON SLATER DIRECTOR 1.00 X 0 0 0 DENNIS WILDER DIRECTOR 1.00 X 0 0 0 FRANK AGNELLO JR CFO 40.00 X 143322 0 12727 MATT GAUDET GENERAL MANAGER 40.00 X 200683 0 11601 JOHN GALLAGHER DIRECTOR OF GOLF COURSE MAINTENANCE 40.00 X 127695 0 15703 SCOTT NEWHOUSE DIRECTOR OF GOLF 40.00 X 109536 0 14519 581236 0 54550 4 0 1 0 FLORIDA BLUE PO BOX 45296 JACKSONVILLE FL 32232 HEALTH INSURANCE 372413 HUMPHREY-ROSAL ARCHITECTS AIA PA 3200 TAMIAMI TRAIL N 300 NAPLES FL 34103 CLUBHOUSE CONSTRUCTION 348905 D GARRET CONSTRUCTION INC 4933 TAMIAMI TRAIL N 300 NAPLES FL 34103 CLUBHOUSE CONSTRUCTION 199370 BOUCHARD INSURANCE 12800 UNIVERSITY DR SUITE 165 FORT MYERS FL 33907 GENERAL & LIABILITY INSURANCE 173588 FLORIDA POWER & LIGHT COMPANY 1833 LEE STREET FORT MYERS FL 33901 UTILITY-ELECTRICITY 126813 5 MEMBERSHIP DUES & ASSESSMENTS 713910 3685685 3685685 GREENS AND CART FEES 713910 1377159 1009814 367345 LOCKER RENTALS 713910 45525 45525 OTHER GOLF REVENUE 713910 17613 17613 5125982 9421 9421 900 413 487 487 487 7059 602211 -595152 -595152 -595152 1276678 631494 645184 586698 58486 HURRICANE INSURANCE PROCEEDS 713910 1268318 1268318 FLOOD INSURANCE PROCEEDS 713910 247879 247879 EQUITY EXCHANGE 713910 84900 84900 47482 47482 1648579 6834501 5477717 435739 921045 2692933 512353 241395 173032 919154 192209 GOLF COURSE MAINTENANCE 901282 GOLF ACTIVITIES 277060 CLUBHOUSE 247844 GENERAL & ADMINISTRATIV 174951 568954 6901167 3975914 2287861 121050 238942 209813 187946 265615 300155 29007712 10688262 12516207 18319450 17088599 21334354 1160297 2380895 2165620 2080570 3306675 5520032 1758404 255387 8390996 10236884 X 8697603 11097470 8697603 11097470 17088599 21334354 X -66666 2466533 X X 0 1 X 1 0 4865922 4865922 2230215 1503433 726782 3011163 2393197 617966 18900412 6791632 12108780 18319450 REFUNDABLE CAPITAL ASSESSMENTS 133500 DEFERRED LIFE MEMBERS 121887 255387 X 7466408 631907 631907 6834501 0 6834501 7533074 631907 631907 6901167 0 6901167 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 STATEMENT TO COMPLY WITH THE PROVISION OF THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 631,494. RENTAL EXPENSE 413. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 631,494. RENTAL EXPENSE 413. X X X X 0 0 0 FRANK AGNELLO JR CFO 127324 0 5000 0 10998 0 2147 0 10580 0 156049 0 0 0 MATT GAUDET GENERAL MANAGER 155574 0 35000 0 10109 0 1021 0 10580 0 212284 0 0 0 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 MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: EQUITY MEMBERS HAVE VOTING PRIVILEGES AND USE OF ALL FACILITIES (GOLF, SOCIAL, TENNIS, EQUITY EXCHANGE, AND LEE EXECUTIVE). FORM 990, PART VI, SECTION A, LINE 7B SPECIAL CAPITAL PURCHASES, ANY DEBT OVER $200,000 AND ANY CHANGES TO THE BY-LAWS ARE SUBJECT TO MEMBERSHIP APPROVAL. 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 GENERAL MANAGER, CFO, AND TREASURER. THEY REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C CLUB MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY DURING MONTHLY BOARD MEETINGS AND THE REVIEWING OF ALL CONTRACTS. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE. THE BOARD COMPLETES THE PERFORMANCE REVIEW AND THE COMPENSATION COMMITTEE REVIEWS SALARY DATA FOR THE LOCAL AREA. THE CHIEF FINANCIAL OFFICER IS REVIEWED ANNUALLY BY THE GENERAL MANAGER. 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 CLUB DOES NOT MAKE IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CAPITAL ASSESSMENTS 468,938. MEMBERSHIP ISSUANCES AND TRANSFERS 313,759. GOLF COURSE RENOVATION ASSESSMENTS 1,683,836. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.