2018-07-02T18:02:59-05:00 2017-08-31 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2016-09-01 741170526 LAKESIDE COUNTRY CLUB LAKE 2814972226 100 WILCREST DRIVE HOUSTON TX 77042 BRAD GREEBON CFO 7134972222 2018-06-14 1 KEVIN F REILLY P00543034 7033858577 2018-06-14 X 2016 2022-09-23 18:48:47Z BRAD GREEBON 100 WILCREST DRIVE HOUSTON TX 77042 22141263 0 X LAKESIDECC.COM X 1951 TX OPERATION OF A COUNTRY CLUB FOR THE BENEFIT OF ITS MEMBERS. 13 13 320 13 1596699 165 0 0 13596983 12774196 -19230 43066 4982717 4289769 18560470 17107031 0 0 0 0 10117884 9921844 0 0 0 7371636 17263076 17489520 27184920 1070950 -10077889 26935095 15471061 9098128 7546710 17836967 7924351 TO PROMOTE SOCIAL INTERACTION AND RECREATION FOR THE BENEFIT OF ITS MEMBERS. 0 0 THE COMPANY OPERATES A COUNTRY CLUB FOR THE BENEFIT OF MEMBERS, PROVIDING FACILITIES SUCH AS A GOLF COURSE, TENNIS COURTS AND DINING ROOMS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 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 32 0 320 1 1 1 0 0 0 1 1 2378925 2310052 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 1 0 X LAKESIDE COUNTRY CLUB 7134972222 100 WILCREST HOUSTON TX 77042 X STEVEN ARBOUR PRESIDENT, FORMER 0.00 X X 0 0 0 BRIAN KOUNS VICE PRESIDENT, FORMER 0.00 X X 0 0 0 LOREN ROSS TREASURER, FORMER 0.00 X X 0 0 0 SAMUEL JONES SECRETARY, FORMER 0.00 X X 0 0 0 ROBERT MUELLER PRESIDENT 1.00 X X 0 0 0 RANDY WILHELM VICE PRESIDENT 1.00 X X 0 0 0 JOHN HOLLAND SECRETARY 1.00 X X 0 0 0 LEE CHENOWETH TREASURER 1.00 X X 0 0 0 STEVEN SIMPSON DIRECTOR 1.00 X 0 0 0 STEVEN HUDGINS DIRECTOR 1.00 X 0 0 0 JAMES NELSON DIRECTOR 1.00 X 0 0 0 JOHN FERRARI DIRECTOR 1.00 X 0 0 0 TREY ABLE DIRECTOR 1.00 X 0 0 0 RON GOODWINE DIRECTOR 1.00 X 0 0 0 MARK GANNON DIRECTOR 1.00 X 0 0 0 PAUL BREDTHAUER DIRECTOR 1.00 X 0 0 0 JAMES RYAN EX- OFFICIO, FORMER 1.00 X 0 0 0 CRAIG SCHANER GENERAL MANANGER 40.00 X 327693 0 18111 TERRY HUTCHERSON GOLF COURSE SUPERINTENDENT 40.00 X 215467 0 8200 CRAIG MEYER EXECUTIVE CHEF 40.00 X 182003 0 16417 BRAD GREEBON CHIEF FINANCIAL OFFICER 40.00 X 186575 0 7079 CW CANFIELD DIRECTOR OF GOLF 40.00 X 257834 0 18424 ARTHUR SCARBROUGH DIRECTOR OF INSTRUCTION 40.00 X 158539 0 12677 1328111 0 80908 9 0 1 0 FORNEY PARTNERSHIP 8945 LONG POINT STE 200 HOUSTON TX 77055 CONTRACTOR FOR CLUBHOUSE RENOVATION 768145 ALLIED UNIVERSAL 161 WASHINGTON STREET STE 600 CONSHOHOCKEN PA 19428 SECURITY GUARDS 165069 FACILITY SOLUTIONS GROUP 5115 STEADMONT DRIVE HOUSTON TX 77040 ELECTRICAL REPAIRS AND MAINTENANCE 150242 TOTAL OPTIMIZATION 4550 N BRAESWOOD BLVD STE 118 HOUSTON TX 77096 HVAC REPAIRS AND MAINTENANCE 127264 A-1 CONSTRUCTION SERVICES 6108 BRITTMORE ROAD HOUSTON TX 77041 PARKING LOT PAVING 108430 6 MEMBER DUES & ASSESSMENTS 713910 9851852 9851852 TENNIS & POOL REVENUES 713910 1060492 1060492 CART & GUEST FEES 713910 874049 874049 GOLF REVENUES 713910 699676 699676 LOCKER RENTALS 713910 288127 288127 12774196 43066 41901 1165 1415890 1415890 0 7908111 3618342 4289769 2694235 1595534 17107031 15510332 1596699 0 346413 7566603 374632 1028514 605682 17521 54504 522881 16814 163718 1034991 70964 62695 2690553 273577 INVOLUNTARY CONVERSION 9300000 REPAIR & MAINTENENCE 717350 GOLF, TENNIS, & POOL EX 676318 INVOLUNTARY CONVERSION 553057 1108133 27184920 141267 127084 528121 250084 2004332 3456479 653995 173504 463823 388642 23494428 12874734 22646119 10619694 497438 455574 26935095 15471061 2328140 2235458 1039829 976127 1579069 1199069 4151090 3136056 9098128 7546710 X 17836967 7924351 17836967 7924351 26935095 15471061 X -10077889 165273 X X 0 1 X 1 0 393221 393221 12471796 6266588 6205208 3348588 2171572 1177016 7280823 4436574 2844249 10619694 MEMBER DEPOSITS 1329618 ACCRUED PENSION LIABILITY 1806438 3136056 20725373 3618342 3618342 17107031 0 17107031 30803262 3618342 3618342 27184920 0 27184920 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,618,342. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,618,342. X X X 0 0 0 CRAIG SCHANER GENERAL MANANGER 272153 0 55540 0 0 0 10072 0 8039 0 345804 0 0 0 TERRY HUTCHERSON GOLF COURSE SUPERINTENDENT 194467 0 21000 0 0 0 6515 0 1685 0 223667 0 0 0 CRAIG MEYER EXECUTIVE CHEF 163963 0 18040 0 0 0 5779 0 10638 0 198420 0 0 0 BRAD GREEBON CHIEF FINANCIAL OFFICER 151035 0 35540 0 0 0 5561 0 1518 0 193654 0 0 0 CW CANFIELD DIRECTOR OF GOLF 237514 0 20320 0 0 0 8046 0 10378 0 276258 0 0 0 ARTHUR SCARBROUGH DIRECTOR OF INSTRUCTION 158274 0 265 0 0 0 4987 0 7690 0 171216 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE DIRECTORS ANNUALLY. THE DIRECTORS ELECT THE OFFICERS ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B BOARD PROPOSED RESOLUTIONS MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS. THIS IS TYPICALLY DONE AT AN ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND GENERAL MANAGER REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE RECRUITERS, INDUSTRY COMPARISON DATA AND GENERAL KNOWLEDGE OF THE PAY SCALES FOR THE INDUSTRY ARE USED FOR DETERMINING PAY LEVELS OF THE GM AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST BY MEMBERS ONLY. FORM 990, PART XI, LINE 9: RETURN OF MEMBERSHIP EQUITY -860,326. ADDITIONS TO MEMBERSHIP EQUITY 132,300. ADJUSTMENT TO PENSION LIABILITY 893,299. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE IS RESPONSIBLE FOR SELECTING THE AUDIT FIRM AND OVERSEEING THE ANNUAL AUDIT. THEY PERIODICALLY REQUEST PROPOSALS FROM SEVERAL FIRMS AND SELECT THE FIRM BEST SUITED TO THEIR NEEDS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. FORM 990, PART VIII, LINE 7C IN AUGUST 2017, THE CLUB SUFFERED SIGNIFICANT DAMAGES TO ITS FACILITY AS A RESULT OF HURRICANE HARVEY. THE CLUB HAS ESTIMATED TOTAL DAMAGES TO BE APPROXIMATELY $11.44 MILLION, WHICH INCLUDES BUILDING, EQUIPMENT, INVENTORY LOSSES, CLUEANUP COSTS, AND OTHER VARIOUS EXPENSES. AFTER REVIEWING THE DAMAGES, CLUB MANAGEMENT DETERMINED THAT CERTAIN ASSETS WERE IMPAIRED AND, AS SUCH, RECORDED A LOSS ON THE WRITE-OFF OF INVENTORYS OF $570,200, A LOSS ON THE DISPOSAL OF PROPERTY AND EQUIPMENT OF $553,057 NET OF INSURANCE REIMBURSEMENTS OF $1.42 MILLION, AND A LOSS ON THE IMPAIRMENT OF PROPERTY AND EQUIPMENT OF $9.3 MILLION.