MONROE GOLF CLUB INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MONROE GOLF CLUB INC (EIN 16-0557750)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-14
- IRS object ID
- 201201359349304435
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T14:43:10-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161375790 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEJOY KNAUF & BLOOD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 39 STATE STREET SUITE 600 | AddressLine1 |
| City | ROCHESTER | City |
| State | NY | State |
| ZIP Code | 14614 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160557750 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONROE GOLF CLUB INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MONR | NameControl |
| Phone | 5855863440 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 GOLF AVENUE | AddressLine1 |
| City | PITTSFORD | City |
| State | NY | State |
| ZIP Code | 14534 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | COLIN E SIMPSON | Name |
| Title | CHIEF OPERATING OFFICER | Title |
| Phone | 5855863440 | Phone |
| Date Signed | 2012-05-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TIMOTHY P THANEY CPA | Name |
| PTIN | P01231250 | PTIN |
| Phone | 5855461840 | Phone |
| Date Prepared | 2012-05-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | COLIN E SIMPSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 GOLF AVENUE | AddressLine1 |
| City | PITTSFORD | City |
| State | NY | State |
| ZIP Code | 14534 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5656864 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MONROEGOLFCLUB.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1923 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | MONROE GOLF CLUB, INC. EXISTS TO PROMOTE GOLF, SOCIAL AND RECREATIONAL FELLOWSHIP AMONG ITS MEMBERS AND THEIR FAMILIES WHILE OPERATING IN A PROFESSIONAL, FINANCIALLY PRUDENT AND ETHICAL MANNER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 200 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 188650 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 24000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3329127 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3559453 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 15032 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5400 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1303106 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1367558 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4671265 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4944411 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2454624 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2488618 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2241520 | OtherExpensePriorYear |
| Other Expenses Current Year | 2272835 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4696144 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4761453 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -24879 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 182958 | RevenuesLessExpensesCY |
| Total Assets BOY | 7816944 | TotalAssetsBOY |
| Total Assets EOY | 7801155 | TotalAssetsEOY |
| Total Liabilities BOY | 3550830 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3396240 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4266114 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4404915 | NetAssetsOrFundBalancesEOY |
| Mission Description | MONROE GOLF CLUB, INC. EXISTS TO PROMOTE GOLF, SOCIAL AND RECREATIONAL FELLOWSHIP AMONG ITS MEMBERS AND THEIR FAMILIES WHILE OPERATING IN A PROFESSIONAL, FINANCIALLY PRUDENT AND ETHICAL MANNER. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | N/A | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 200 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Initiation Fees | $720,503 | InitiationFeesAmount |
| Gross Receipts | $288,277 | GrossReceiptsAmount |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAMELA WERNER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5855863440 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 GOLF AVENUE | AddressLine1 |
| City | PITTSFORD | City |
| State | NY | State |
| ZIP Code | 14534 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| STEPHEN MCCLUSKI | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| DONALD REEVE | ||||||
| 1ST VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| R THOMAS FLYNN | ||||||
| 2ND VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| THOMAS MERKEL | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| DANIEL PURCELL | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| RICHARD CHAMPION | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| SCOTT ANTHONY | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| JOHN KIRCHER | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| HOWARD MAFFUCCI | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| JAMES MALVASO | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| TERRANCE EMMENS | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| R HARVEY TAYLOR | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| TIMOTHY NALLY | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| ERIC WEBBER | ||||||
| GOVERNOR | 2.00 | X | 0 | 0 | 0 | |
| COLIN SIMPSON | ||||||
| GENERAL MGR, COO | 40.00 | X | 171136 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 171136 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 12000 | AllOtherContributions |
| Total Contributions | 12000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MEMBERSHIP DUES AND AS | 713910 | 3222856 | 3222856 |
| GREENS FEES | 713910 | 167170 | 167170 |
| GOLF CART RENTAL | 713910 | 93438 | 93438 |
| GOLF SERVICE FEE | 713910 | 69079 | 69079 |
| SWIMMING POOL INCOME | 713910 | 3944 | 3944 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2966 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2966 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3559453 | TotalProgramServiceRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 5400 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 5400 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5400 | TotalRevenueColumn |
| Exclusion | $5,400 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2062195 | GrossSalesOfInventory |
| Cost Of Goods Sold | 712453 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1349742 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1161092 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 188650 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| OTHER INCOME | 713910 | 9473 | 9473 |
| INTEREST AND LATE FEE | 713910 | 8343 | 8343 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 17816 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4944411 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4738361 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 188650 | UnrelatedBusinessRevenue |
| Exclusion | $5,400 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171306 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1883600 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18548 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162266 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252898 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15000 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11709 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 593223 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36423 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 179054 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 575247 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| UTILITIES | 200814 |
| PROPERTY TAXES | 194276 |
| EQUIPMENT RENTAL AND MA | 115074 |
| INSURANCE | 52023 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299992 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4761453 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 440531 | BOY |
| EOY | 655974 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100423 | BOY |
| EOY | 101050 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 472756 | BOY |
| EOY | 313672 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144410 | BOY |
| EOY | 157753 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92719 | BOY |
| EOY | 93945 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 15927556 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 9721235 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6296752 | BOY |
| EOY | 6206321 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 259161 | BOY |
| EOY | 264499 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10192 | BOY |
| EOY | 7941 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7816944 | BOY |
| EOY | 7801155 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 325713 | BOY |
| EOY | 224674 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2532074 | BOY |
| EOY | 2439766 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 693043 | BOY |
| EOY | 731800 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3550830 | BOY |
| EOY | 3396240 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4242285 | BOY |
| EOY | 4404915 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23829 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4266114 | BOY |
| EOY | 4404915 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7816944 | BOY |
| EOY | 7801155 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 182958 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -44157 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54311 | OtherCostOrOtherBasis |
| Book Value | 54311 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10252006 | OtherCostOrOtherBasis |
| Depreciation | 5875034 | Depreciation |
| Book Value | 4376972 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2072485 | OtherCostOrOtherBasis |
| Depreciation | 1726800 | Depreciation |
| Book Value | 345685 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3548754 | OtherCostOrOtherBasis |
| Depreciation | 2119401 | Depreciation |
| Book Value | 1429353 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6206321 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST SWAP AGREEMENT | $494,800 |
| REFUNDABLE MEMBER ASSESSMENT | $237,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 731800 | TotalOfAmounts |
| Total Revenue | 4944411 | TotalRevenue |
| Total Expenses | 4761453 | TotalExpenses |
| Excess Or Deficit For Year | 182958 | ExcessOrDeficitForYear |
| Other | -$44,157 | OtherAmount |
| Total Adjustments | -44157 | TotalAdjustments |
| Excess Or Deficit Per FS | 138801 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5651464 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 712453 | OtherRevenues |
| Revenue Not Rptd F990 | 712453 | RevenueNotRptdF990 |
| Revenue Subtotal | 4939011 | RevenueSubtotal |
| Other Revenues Not Included | 5400 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5400 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4944411 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5473906 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 712453 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 712453 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4761453 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4761453 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE CLUB IS AN EXEMPT ORGANIZATION PURSUANT TO SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THE CLUB HAS CERTAIN ACTIVITIES AND INCOME UNRELATED TO ITS EXEMPT PURPOSE AND IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ON THESE UNRELATED ACTIVITIES. IN ACCORDANCE WITH GAAP, THE CLUB EVALUATES WHETHER TAX BENEFITS CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CLUB MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THAT THE CLUB HAS NO UNCERTAIN TAX POSITIONS, INCLUDING THE TAX-EXEMPT STATUS OF THE CLUB AS OF DECEMBER 31, 2011. THE CLUB IS REQUIRED TO FILE ANNUAL RETURNS WITH FEDERAL AND NEW YORK STATE TAXING AUTHORITIES. AT DECEMBER 31, 2011, THE CLUBS FEDERAL AND STATE ANNUAL RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES PRIOR TO 2008. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN FMV OF THE SWAP AGREEMENT -44,157. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RESTAURANT AND BAR COSTS 712,453. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GAIN ON SALE OF PROPERTY AND EQUIPMENT 5,400. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RESTAURANT AND BAR COSTS 712,453. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | COLIN SIMPSON | NamePerson |
| Base Compensation Filing Org | 171136 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 171136 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MONROE GOLF CLUB HAS MEMBERS IN VARIOUS CATEGORIES. CERTIFICATE MEMBERS ARE ENTITLED VOTING PRIVILEGES FOR ALL CLUB MATTERS. OTHER MEMBERS MAY VOTE ON SPECIFIC ISSUES. | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS VOTE ANNUALLY FOR THE BOARD OF GOVERNORS WHO SERVE A 3 YEAR TERM. | |
| FORM 990, PART VI, SECTION A, LINE 7B | CERTIFICATE MEMBERS VOTE ANNUALLY FOR ON INCREASES IN MEMBERSHIP DUES. ANY ASSESSMENTS OVER CERTAIN MINIMUMS MUST BE VOTED POSITIVELY BY A MAJORITY OF THE MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD AND THE FINANCE COMMITTEE AND COPIES OF THE FORM 990 ARE MADE AVAILABLE TO BOARD OF GOVERNORS PRIOR TO SUBMISSION. | |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY BY THE BOARD OF GOVERNORS. THE PRESIDENT OF THE BOARD REVIEWS THEM AND DETERMINES IF ADDITIONAL ACTIONS ARE REQUIRED. | |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION OF CHIEF OPERATING OFFICER IS REVIEWED ANNUALLY BY THE PRESIDENT AND THE EXECUTIVE COMMITTEE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | MONROE GOLF CLUB, INC. IS A PRIVATE CLUB AND MAKES INFORMATION AVAILABLE TO CLUB MEMBERS UPON REQUEST AFTER EVALUATION OF THE REQUEST BY MANAGEMENT. | |
| FORM 990, PART XI, LINE 5: | CHANGE IN FMV OF THE SWAP AGREEMENT -44,157. TOTAL TO FORM 990, PART XI, LINE 5: -44,157. | CHANGES IN NET ASSETS OR FUND BALANCES: |