2015-03-16T08:57:28-05:00 2014-09-30 540737372 PBMARES LLP 12150 MONUMENT DRIVE SUITE 350 FAIRFAX VA 22033 990 2013-10-01 740575117 AUSTIN COUNTRY CLUB AUST 5123143292 4408 LONG CHAMP DRIVE AUSTIN TX 78746 TIMOTHY CROWLEY TREASURER 5123143292 2015-02-25 1 KEVIN F REILLY P00543034 7033858577 2015-02-25 X 2013 2016-03-07 17:11:31Z TIMOTHY CROWLEY 4408 LONG CHAMP DRIVE AUSTIN TX 78746 16701507 0 X WWW.AUSTINCOUNTRYCLUB.COM X 1899 TX OPERATION OF A COUNTRY CLUB FOR THE BENEFIT OF ITS MEMBERS. 11 11 309 11 1069951 53675 0 0 10030216 10770555 24138 59027 3189618 3820812 13243972 14650394 0 0 0 0 7255222 7754071 0 0 0 4462657 5273393 11717879 13027464 1526093 1622930 26119582 27356571 2490129 2494185 23629453 24862386 OPERATION OF A COUNTRY CLUB 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 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 89 0 309 1 1 1 0 0 0 0 2430618 1385866 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 X DAVID MANGLOS 5123143252 4408 LONG CHAMP DRIVE AUSTIN TX 75746 M SCOTT HAYDON MD PRESIDENT 1.00 X X 0 0 0 TIM CROWLEY VICE-PRESIDENT 1.00 X X 0 0 0 BRAD KNIPPA SECRETARY 1.00 X X 0 0 0 RICK BELL TREASURER 1.00 X X 0 0 0 JAMES E CAHILL DIRECTOR 1.00 X 0 0 0 JASON BLACK DIRECTOR 1.00 X 0 0 0 DOWE GULLAT DIRECTOR 1.00 X 0 0 0 JACK CARDWELL DIRECTOR 1.00 X 0 0 0 ROBERT K HARRELL II DIRECTOR 1.00 X 0 0 0 GREGORY J MESEROLE DIRECTOR 1.00 X 0 0 0 KYLE PARKS DIRECTOR 1.00 X 0 0 0 NICHOLAS SMITH GENERAL MANAGER 40.00 X 283165 0 25663 CHARLES MORGAN DIRECTOR OF GOLF 40.00 X 260847 0 22270 TIMOTHY MCGETTIGAN DIRECTOR OF TENNIS 40.00 X 228943 0 21094 ROBERT STRINGER JR GOLF COURSE SUPERINTENDENT 40.00 X 171108 0 23146 DAVID MANGLOS CHIEF FINANCIAL OFFICER 40.00 X 192208 0 24618 ROBERT BURNS EMPLOYEE 40.00 X 154858 0 23076 1291129 0 139867 8 0 1 0 0 MEMBER DUES & ASSESSMENTS 713910 8552454 8552454 GOLF REVENUES 713910 1305087 1034126 270961 SPORT CENTER REVENUES 713910 547962 480331 67631 MARINA 713910 303000 303000 MISCELLANEOUS 900099 62052 56139 5913 10770555 54675 54675 8810 4458 4352 4352 4352 5867467 2046655 3820812 3150041 670771 14650394 13576091 1069951 4352 307561 5902399 151267 908606 484238 1540 50939 866186 409589 80782 828152 1552471 140959 INCOME TAX EXPENSE 2473 REPAIR & MAINTENANCE 251192 CHEMICALS 159867 SUPPLIES 159440 769803 13027464 580797 799803 5696055 6695585 1224250 1519663 313228 299558 114242 123871 34511724 16736311 17511011 17775413 679999 142678 26119582 27356571 1290109 1311951 1033585 964075 166435 218159 2490129 2494185 X 23629453 24862386 23629453 24862386 26119582 27356571 X 1622930 -389997 X X 0 1 X 1 0 5718790 5718790 10624786 6973244 3651542 4619973 3223842 1396131 13548175 6539225 7008950 17775413 BANQUET DEPOSITS 160775 DEFERRED JUNIOR INSTALLMENTS 57384 218159 X 16699549 2049155 2049155 14650394 0 14650394 15076619 2049155 2049155 13027464 0 13027464 PART X, LINE 2: THE CLUB RECOGNIZES THE IMPACT OF AN UNCERTAIN TAX POSITION ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE PREPARATION OF THE CLUB'S VARIOUS TAX RETURNS REQUIRES THE USE OF ESTIMATES FOR FEDERAL AND STATE INCOME TAX PURPOSES. THESE ESTIMATES MAY BE SUBJECTED TO REVIEW BY THE RESPECTIVE TAXING AUTHORITIES. A REVISION, IF ANY, TO AN ESTIMATE MAY RESULT IN AN ASSESSMENT OF ADDITIONAL TAXES, PENALTIES AND INTEREST. AT THIS TIME, A RANGE IN WHICH THE ESTIMATES MAY CHANGE IS NOT QUANTIFIABLE AND A CHANGE, IF ANY, IS NOT EXPECTED TO BE MATERIAL. THE CLUB WILL ACCOUNT FOR INTEREST AND PENALTIES RELATING TO UNCERTAIN TAX POSITIONS IN THE CURRENT PERIOD STATEMENT OF ACTIVITIES, AS NECESSARY. THE CLUB HAS TAX YEARS FROM 2012 THROUGH 2014 REMAINING SUBJECT TO EXAMINATION BY VARIOUS FEDERAL AND STATE TAX JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,046,655. OTHER OPERATING ASSESSMENT/EXPENSE 2,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 2,046,655. OTHER OPERATING ASSESSMENT/EXPENSE 2,500. 1 X X 0 0 0 NICHOLAS SMITH GENERAL MANAGER 236765 0 46400 0 0 0 8491 0 17172 0 308828 0 0 0 CHARLES MORGAN DIRECTOR OF GOLF 230847 0 30000 0 0 0 10526 0 11744 0 283117 0 0 0 TIMOTHY MCGETTIGAN DIRECTOR OF TENNIS 217543 0 11400 0 0 0 9147 0 11947 0 250037 0 0 0 ROBERT STRINGER JR GOLF COURSE SUPERINTENDENT 156308 0 14800 0 0 0 6262 0 16884 0 194254 0 0 0 DAVID MANGLOS CHIEF FINANCIAL OFFICER 160308 0 31900 0 0 0 7690 0 16928 0 216826 0 0 0 ROBERT BURNS EMPLOYEE 140958 0 13900 0 0 0 6192 0 16884 0 177934 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE CLUB MEMBERS ELECT THE OFFICERS AND DIRECTORS FORM 990, PART VI, SECTION A, LINE 7B 1. THE BOARD OF DIRECTORS SHALL NOT HAVE AUTHORITY TO BORROW ON A SECURED OR UNSECURED BASIS, AN AMOUNT IN EXCESS OF 250% OF AGGREGATED MONTHLY RESIDENT DUES. 2. AT ANY ANNUAL OR SPECIAL MEETING, THE VOTING MEMBERS PRESENT MAY SET: A. DUES FOR RESIDENT MEMBERSHIP, WITH DUES FOR ALL OTHER CLASSES OF MEMBER SET BY THE BOARD - EXCEPT THAT THE BOARD HAS THE AUTHORITY TO INCREASE DUES FOR RESIDENT MEMBERS UP TO, BUT NOT TO EXCEED, 5% PER YEAR. B. THE MINIMUMS AND FREQUENCY OF PAYMENT C. ASSESSMENTS 3. AMENDMENTS TO THE BYLAWS 4. ELECTION OF NEW BOARD MEMBERS FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER WILL REVIEW THE 990 AND ANY PERTINENT PORTIONS WILL BE REVIEWED BY THE FINANCE COMMITTEE OR GENERAL MANAGER THEN THE TREASURER WILL REVIEW THE RETURN BEFORE SIGNING THE 990. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST BY MEMBERS ONLY. FORM 990, PART XI, LINE 9: MEMBER ASSESSMENTS NET OF REFUNDS -390,000. ROUNDING 3. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.