2012-11-15T10:19:24-06:00 2011-12-31 SMITH & HOWARD PC 171 17TH STREET SUITE 900 ATLANTA GA 30363 990 2011-01-01 580141965 ANSLEY GOLF CLUB INC % DAVID SHEPPARD ANSL 4048751687 196 MONTGOMERY FERRY DR ATLANTA GA 30309 David Sheppard 2012-11-15 true 4048746244 2011 2016-02-24 21:20:13Z David Sheppard 196 montgomery ferry dr atlanta GA 30309 15971338 false X www.ansleygolfclub.org X 1912 GA Provide Social and recreational activities to the members of the private club. 11 11 322 825421 22176 0 0 8326556 9622280 15519 35010 4282559 4707080 12624634 14364370 0 0 0 0 6316139 6464773 0 0 0 5633005 5432793 11949144 11897566 675490 2466804 21076892 22209691 6706847 5437069 14370045 16772622 PROVIDE SOCIAL AND RECREATIONAL ACTIVITIES TO THE MEMBERS OF THE PRIVATE CLUB. false false 713910 11897566 9622280 TO PROVIDE THE MEMBERS OF THE FAMILY-ORIENTED PRIVATE CLUB RECREATIONAL AND SOCIAL PROGRAMS AND SERVICE IN AN ENVIRONMENT THAT FOSTERS COMRADERY AND TRADITION. 11897566 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 true false false false false false false false false false false false true 92 0 true 322 true true true false false false false 3760064 1221610 false X 11 11 false false true false true true true true true false false true true true true false false true true false GA X DAVID SHEPPARD 4048751687 196 MONTGOMERY FERRY DR ATLANTA GA 30309 GREG BERTHELOT 1.0 X LEE PARKS 20.0 X ANDY FEINOUR 20.0 X JIM SCHWARZKOPF 10.0 X CHRIS WHITE 1.0 X PHIL BEATTY 1.0 X GUY THOMPSON 1.0 X SCOTT DEVINEY 1.0 X TRACY ROBERTS 1.0 X RICHARD PEASE 1.0 X JIM WOMACK 1.0 X HAL PHILIPSON 1.0 X DAVID BEASLEY 5.0 X STEVE MALOOF 1.0 X BA ALBERT 1.0 X DAVID SHEPPARD 40.0 X 226312 0 25677 JOY PLATE 40.0 X 109760 0 19645 RONNIE HASS 40.0 X 166587 0 7329 COURTNEY YOUNG 40.0 X 178211 0 23388 680870 0 76039 4 false true false BLUE CROSS BLUE SHIELD PO BOX 100376 ATLANTA GA 30384 HEALTH INSURANCE 493312 Tanner Ballew Maloof Inc 5775 Glenridge dr ste B-400 ATLANTA GA 30328 Insurance Brokerage 105855 2 0 MEMBERSHIP DUES 713910 9622280 9622280 9622280 5959 5959 0 0 542138 11300 521767 2620 20371 8680 29051 20371 8680 0 0 5664912 1082581 4582331 3783240 799091 OTHER INCOME 900099 124749 124749 124749 14364370 13530269 825421 8680 0 0 0 0 759020 759020 0 4781197 4781197 60727 60727 413898 413898 449931 449931 0 4370 4370 39250 39250 0 0 0 280745 280745 0 147801 147801 52157 52157 0 1133265 1133265 0 0 26878 26878 216500 216500 0 1317341 1317341 171869 171869 GROUNDS REPAIRS & MAINTENANCE 490620 490620 SPECIALISTS 390059 390059 EQUIPMENT REPAIRS & MAINTENACE 297736 297736 FOOD AND BEVERAGE SUPPLIES 208124 208124 656078 656078 11897566 11897566 5362 197250 0 0 0 0 1622852 1985272 0 0 0 0 582188 1181947 220976 233607 118494 127896 33420632 15263964 18242644 18156668 0 0 284376 327051 0 0 0 0 0 0 21076892 22209691 758718 825852 0 0 745057 1003636 0 0 0 0 0 0 4760107 3179037 0 0 442965 428544 6706847 5437069 X 0 0 0 0 14370045 16772622 14370045 16772622 21076892 22209691 X 2466804 -64227 X false true true X false 2581901 2581901 15432906 5300841 10132065 4890597 3980973 909624 10515229 5982151 4533078 18156668 0 457B PLAN 327051 INTEREST RATE SWAP 101493 428544 14364370 11897566 2466804 -37904 -26323 -64227 2402577 14254829 1082581 1082581 13172248 1192122 1192122 14364370 11852252 1120485 1120485 10731767 1165799 1165799 11897566 SCHEDULE D PART X QUESTION 2 THE CLUB IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE (THE "CODE"). ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE IS SUBJECT TO INCOME TAXES. UNRELATED BUSINESS TAXABLE INCOME FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010 WAS INSIGNIFICANT. THE CLUB ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE CLUB TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. SCHEDULE D PART XI LINE 8 NET INCOME FROM 457B PLAN: $26,323 SCHEDULE D PART XII LINE 2D COST OF GOODS SOLD: $1,082,581 SCHEDULE D PART XII LINE 4B FOOD & BEVERAGE SERVICE CHARGE: $841,214 457b NET INCOME: 26,323 expenses netted with revenue on f/s: 324,585 ----------- Total $1,192,122 SCHEDULE D PART XIII LINE 2D COST OF GOODS SOLD: $1,082,581 UNREALIZED LOSSES: 37,904 ----------- TOTAL $1,120,485 SCHEDULE D PART XIII LINE 4B FOOD & BEVERAGE SERVICE CHARGE: $841,214 expenses netted with revenue on f/s: 324,585 ----------- Total: $1,165,799 X X X X false true false DAVID SHEPPARD 185300 0 28412 12600 12026 14179 252517 0 RONNIE HASS 89812 0 7610 69165 5832 2025 174444 0 COURTNEY YOUNG 158250 0 10599 9362 8273 15643 202127 0 SCHEDULE J 4B THE CLUB HAS A NON QUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN EMPLOYEES. CONTRIBUTIONS TO THE PLAN ARE INCLUDED IN THE EMPLOYEE'S SALARY. 0 STEVE MALOOF Former BOARD DIRECTOR 105855 INSURANCE BROKER false Part Iv # 4 Bylaw change - Senior membership added to membership categories. Part VI #6 Memberships are available and are by Board invitation based upon Membership Nominations presented by three sponsoring members of the Club. Nominations are reviewed by the Membership Committee during a 30 day Club posting period and are forwarded to the Board of Directors on a monthly basis. All membership invitations that are issued are effective on the first day of the following month. Part VI #7A Committee provides lists of nominees for Board positions. Election takes place at annual meeting in February. Part VI #7B Board decisions requiring membership vote: 1) Any Bylaw change 2)Any dues increase above 10% of regular dues and any assessment above $200 3) Election of Board and officers Part VI # 11 VOTING BOARD MEMBERS RECEIVE A COPY OF THE TAX RETURN AND REVIEW IT BEFORE THE RETURN IS FILED. PART VI #12C EACH TRANSACTION IS REVIEWED BY THE BOARD FOR CONFLICT OF INTEREST. PART VI #15A & 15B Executive committee determines compensation of senior management based on current market conditions, surveys of other clubs and job performance. It includes a written employment contract that is approved by the board's compensation committee. Compensation of other employees determined by management. PART VI #19 FINANCIAL INFORMATION AND OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST TO MEMBERS AND PROSPECTIVE GUESTS. PART XI #5 Other changes in net assets Net assets at beginning of year: $14,370,045 Net income for current year: 2,466,804 Unrealized gain: (37,904) 457B Net Income: (26,323) Net assets at end of year: $16,772,622 The 457B net income is reported on the 2011 tax return but is not included on the income statement included in the audited financial statements.