2015-11-13T17:29:56-06:00 2014-12-31 BDO USA LLP 330 N Wabash Suite 3200 CHICAGO IL 60611 990 2014-01-01 361720250 SADDLE AND CYCLE CLUB % RIK CARLSON SADD 7732756600 900 WEST FOSTER AVENUE CHICAGO IL 60640 Guy Shaw General Manager 7732756600 2015-11-15 true Rebekuh Eley P01247672 3128569100 2014 2016-03-07 17:11:31Z CARRIE C MCNALLY 900 WEST FOSTER AVENUE CHICAGO IL 60640 8494965 false X SADDLEANDCYCLE.COM X 1895 IL THIS ORGANIZATION PROVIDES PLEASURE AND RECREATION TO ITS MEMBERS UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(7). 13 13 136 13 958754 0 0 6827041 6063725 248 27 1658601 1780579 8485890 7844331 0 0 0 0 3180253 3358224 0 0 0 3703048 3978611 6883301 7336835 1602589 507496 15174278 15523027 1592992 1434245 13581286 14088782 THIS ORGANIZATION PROVIDES PLEASURE AND RECREATION TO ITS MEMBERS UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). false false PRIVATE SOCIAL CLUB PROVIDING GOLF, TENNIS, SWIMMING, AND DINING FACILITIES FOR THE EXCLUSIVE BENEFIT OF ITS MEMBERS. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 93 0 true 136 true true true false false false false 1123563 1097638 false X 13 13 false false false false true true true true false false false true true true true true true true true false X RIK CARLSON 7732756600 900 WEST FOSTER AVENUE CHICAGO IL 60640 X CARRIE C MCNALLY PRESIDENT 0.1 0.0 X X 0 0 0 MATTHEW J CONNELLY VICE PRESIDENT 0.1 0.0 X X 0 0 0 ANGELIA I HOLLEB SECRETARY 0.1 0.0 X X 0 0 0 JOSEPH E MILLER III TREASURER 0.1 0.0 X X 0 0 0 WILLIAM BETTMAN GOVERNOR 0.1 0.0 X 0 0 0 VINCENT J GERAGHTY GOVERNOR 0.1 0.0 X 0 0 0 JULIE J HARRON GOVERNOR 0.1 0.0 X 0 0 0 JOAN HOESE GOVERNOR 0.1 0.0 X 0 0 0 KATIE FAIRBANK GOVERNOR 0.1 0.0 X 0 0 0 LOUIS E FREIDHEIM JR Governor 0.1 0.0 X 0 0 0 DAVID G MAZZELLA III Governor 0.1 0.0 X 0 0 0 HEATHER MONTGOMERY Governor 0.1 0.0 X 0 0 0 CHRISTOPHER VALENTI Governor 0.1 0.0 X 0 0 0 GUY F SHAW GENERAL MANAGER 40.0 0.0 X 261007 0 47754 RICHARD J CARLSON CONTROLLER 40.0 0.0 X 134628 0 16779 R GREG NEIDBALLA Head Tennis Pro 40.0 0.0 X 323014 0 22061 SCOTT M MANSAGER Head Paddle Pro 40.0 0.0 X 235315 0 8645 ROBERT FRANK DIRECTOR OF SUMMER CAMP 40.0 0.0 X 105000 0 0 1058964 0 95239 5 false true false US SECURITY ASSOCIATES INC 400 N May Street SUITE 304 CHICAGO IL 60622 ON-SITE SECURITY 108578 1 0 MEMBERSHIP DUES 713910 2672430 2672430 INITIATION/CAPITAL ASSESSMENT 713910 1123563 1123563 CAMP 713910 657238 139270 517968 ICE RINKS 713910 600862 600847 15 TENNIS 713910 502996 502996 506636 506636 6063725 27 27 0 0 0 0 0 0 0 0 2238374 650634 1587740 1228305 359435 OTHER INCOME 900099 192839 111530 81309 192839 7844331 6885577 958754 0 0 0 0 308761 0 2303560 0 0 745903 0 27724 22655 0 0 0 0 0 182097 0 0 770357 0 0 0 0 0 708778 0 LESSONS & EVENTS 828290 SUPPLIES 483190 EQUIPMENT RENTAL & MAINTENANCE 316325 CONTRACT SERVICES 172111 467084 7336835 1703925 788685 42740 23346 0 0 702602 761249 0 0 0 0 0 0 105971 85653 44764 107291 22534625 8911525 12463064 13623100 0 0 0 0 0 0 0 0 111212 133703 15174278 15523027 969332 763524 0 0 512448 537018 0 0 0 0 0 0 0 0 0 0 111212 133703 1592992 1434245 X 13581286 14088782 0 0 0 0 13581286 14088782 15174278 15523027 507496 X false true X true false 4365155 4365155 10917181 4699415 6217766 3918070 1515652 2402418 3326904 2696458 630446 7315 7315 13623100 0 DEFERRED COMPENSATION PLAN LIABILITY 133703 133703 X 8494965 8494965 -650634 -650634 7844331 7987469 650634 650634 7336835 7336835 SCHEDULE D, PART X, LINE 2 Accounting Standards Codification ("ASC") 740-10, "Accounting for Uncertainty in Income Taxes," requires that uncertain income tax positions be recorded in the financial statements at an amount that would most likely be realized assuming a review by the tax authorities. Management has assessed its income tax positions and believes any potential liability that might arise from a review by tax authorities would be immaterial to the financial statements taken as a whole. As of December 31, 2014, the Club's income tax returns for fiscal years 2011 and subsequent are subject to examination by the IRS. SCHEDULE D, PART XI, LINE 4B COST OF GOODS SOLD $(650,634). SCHEDULE D, PART XII, LINE 2D COST OF GOODS SOLD $650,634. X X false true false GUY F SHAW GENERAL MANAGER 226278 0 34729 0 0 0 26654 0 21100 0 308761 0 0 0 RICHARD J CARLSON CONTROLLER 121728 0 12900 0 0 0 9679 0 7100 0 151407 0 0 0 R GREG NEIDBALLA Head Tennis Pro 19729 0 0 0 303285 0 961 0 21100 0 345075 0 0 0 SCOTT M MANSAGER Head Paddle Pro 36521 0 0 0 198794 0 1545 0 7100 0 243960 0 0 0 SCHEDULE J, PART I, LINE 4B THE CLUB HAS DEFERRED COMPENSATION AGREEMENTS WITH THE GENERAL MANAGER AND CONTROLLER THAT ARE FUNDED THROUGH INVESTMENTS STATED AT FAIR VALUE ON THE STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION A, LINE 6 There are two classes of members, equity members and non-equity members. Equity members have the right to vote, are not entitled to a refund of equity upon resignation, but would share in the allocation of company assets upon dissolution. Non-equity members do not have the right to vote, would not receive a refund of equity upon resignation, and do not share in liquidation proceeds. FORM 990, PART VI, SECTION A, LINE 7A & 7B If a board member leaves or vacates his or her position, the board members have the right to appoint an equity member in good standing with the club to the board. The board members shall elect equity members to fill vacancies in the board to serve until the next annual meeting of the club. FORM 990, PART VI, SECTION A, LINE 8B There are no separate committees with the authority to act on behalf of the governing body. FORM 990, PART VI, SECTION B, LINE 11B Tax returns are reviewed by the general manager and the treasurer. FORM 990, PART VI, SECTION B, LINE 12C The policy requires annual disclosures and is enforced annually. FORM 990, PART VI, SECTION B, LINE 15A AND 15B The President of the Board determines the salary of the General Manager after reviewing performance during the past year versus goals and objectives, and given industry standards. The General Manager determines the salaries of staff members annually after reviewing performance during the past year versus goals and objectives, experience on the job, and given industry standards. FORM 990, PART VI, SECTION C, LINE 19 A private member club is not required to make governing documents or financial statements available to the public. Form 990 is made available via an outside website, www.guidestar.org, and upon request.