2013-03-05T13:34:37-06:00 2012-09-30 540737372 PBMARES LLP 12150 MONUMENT DR SUITE 350 FAIRFAX VA 22033 990 2011-10-01 740575117 AUSTIN COUNTRY CLUB AUST 5123143292 4408 LONG CHAMP DRIVE AUSTIN TX 78746 JAMES WESLEY JONES 5123143292 2013-02-18 1 KEVIN F REILLY P00543034 7033858809 2013-02-18 X 2011 2016-02-25 16:41:14Z JAMES WESLEY JONES 4408 LONG CHAMP DRIVE AUSTIN TX 78746 15744872 0 X WWW.AUSTINCOUNTRYCLUB.COM X 1899 TX OPERATION OF A COUNTRY CLUB FOR THE BENEFIT OF ITS MEMBERS. 11 11 295 11 1089044 33705 0 0 9375236 10230455 -22927 1202 2925554 3503258 12277863 13734915 0 0 0 0 6866788 7070192 0 0 0 4567013 4529993 11433801 11600185 844062 2134730 22983390 24790165 2249760 2349305 20733630 22440860 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 0 1 70 0 295 1 1 1 0 0 0 0 3117387 1477024 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 BRIAN R UTLEY 1.00 X X 0 0 0 DANIEL POWELL 1.00 X X 0 0 0 BRETT M DENTON 1.00 X X 0 0 0 JAMES WESLEY JONES 1.00 X X 0 0 0 GREGORY J MESEROLE 1.00 X 0 0 0 RONALD GGARRICK 1.00 X 0 0 0 RICK BELL 1.00 X 0 0 0 JACK CARDWELL 1.00 X 0 0 0 M SCOTT HAYDON MD 1.00 X 0 0 0 MARK BSUTTON 1.00 X 0 0 0 RONALD CPAYNTER 1.00 X 0 0 0 NICHOLAS SMITH 40.00 X 255905 0 14332 CHARLES MORGAN 40.00 X 269430 0 26990 TIMOTHY MCGETTIGAN 40.00 X 214022 0 25701 ROBERT STRINGER JR 40.00 X 163508 0 22642 DAVID MANGLOS 40.00 X 181246 0 21171 ROBERT BURNS 40.00 X 146543 0 17593 1230654 0 128429 8 0 1 0 COMFORT SYSTEMS USA 9601 DESSAU RD BLDG 3 STE 303 AUSTIN TX 78754 A/C, PLUMBING AND ELECTRICAL REPAIR 112477 AUSTRALIAN COURTWORKS 1450 HIGHWAY 471 STE B BRANDON MS 39042 TENNIS COURT RESURFACING/WIND SCREENS 101677 2 MEMBER DUES & ASSESSME 713910 8730575 8730575 GOLF REVENUES 713910 1072860 1072860 MARINA 713910 294062 294062 SPORT CENTER REVENUES 713910 84208 84208 MISCELLANEOUS 900099 48750 48750 10230455 34705 34705 1223 34726 -33503 -33503 -33503 5478489 1975231 3503258 2448919 1054339 13734915 12645871 1089044 0 285451 5403742 142065 812006 426928 25634 46990 94930 408023 89396 764127 568 1703324 108239 REPAIR & MAINTENANCE 229741 CHEMICALS 205452 SUPPLIES 148937 MISCELLANEOUS 115632 589000 11600185 654562 263822 1753593 4549593 1371927 1332209 311326 341610 131440 123825 33346062 15216340 18758442 18129722 2100 49384 22983390 24790165 887536 1118676 823912 867974 538312 362655 2249760 2349305 X 20733630 22440860 20733630 22440860 22983390 24790165 X 2134730 -427500 X X 0 1 1 X 0 5718790 5718790 9840705 6518040 3322665 4581935 3478306 1103629 13204632 5219994 7984638 18129722 BANQUET DEPOSITS 102905 DEFERRED JUNIOR INSTALLMENTS 10000 DEFERRED REVENUE - MARINA RENT 249750 362655 13734915 11600185 2134730 -427500 -427500 1707230 15710146 1975231 1975231 13734915 0 13734915 13575416 1975231 1975231 11600185 0 11600185 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CLUB ADOPTED AND IMPLEMENTED ACCOUNTING STANDARDS CODIFICATION 740 INCOME TAXES (ASC740) AS IT RELATES TO UNCERTAINTIES IN INCOME TAXES. ASC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. ASC 740 PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS 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 CLUBS 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 2010 THROUGH 2012 REMAINING SUBJECT TO EXAMINATION BY VARIOUS FEDERAL AND STATE TAX JURISDICTIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: MEMBER ASSESSMENTS NET OF REFUNDS -427,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,975,231. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 1,975,231. 1 X X 0 0 0 NICHOLAS SMITH 222905 0 33000 0 0 0 0 0 14332 0 270237 0 0 0 CHARLES MORGAN 222435 0 46995 0 0 0 9850 0 17140 0 296420 0 0 0 TIMOTHY MCGETTIGAN 203312 0 10710 0 0 0 8544 0 17157 0 239723 0 0 0 ROBERT STRINGER JR 148008 0 15500 0 0 0 5755 0 16887 0 186150 0 0 0 DAVID MANGLOS 151246 0 30000 0 0 0 4245 0 16926 0 202417 0 0 0 ROBERT BURNS 132443 0 14100 0 0 0 5820 0 11773 0 164136 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: MEMBER ASSESSMENTS NET OF REFUNDS -427,500. TOTAL TO FORM 990, PART XI, LINE 5: -427,500. 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.