2012-03-14T10:44:50-05:00 2011-02-28 CONDON O'MEARA MCGINTY & DONNELLY L ONE BATTERY PARK PLAZA NEW YORK NY 100041405 990 2010-03-01 131429480 THE UNIVERSITY CLUB UNIV 2122472100 ONE WEST 54TH STREET NEW YORK NY 10019 F Gerard McGrath 2012-01-06 2126617777 2010 2016-02-24 21:20:13Z F Gerard McGrath ONE WEST 54TH STREET new york NY 10019 36864089 false X WWW.UNIVERSITYCLUBNY.ORG X 1865 NY PROMOTION OF LITERATURE & ART, BY ESTABLISHING & MAINTAINING A LIBRARY READING-ROOM, & GALLERY OF ART. THE CLUB ALSO PROVIDES A CLUBHOUSE & ATHLETIC FACILITIES FOR THE USE AND ENJOYMENT OF ITS MEMBERSHIP. 37 37 376 0 4623403 478721 0 6000 11330619 11152908 14452700 748900 15917010 16915688 41700329 28823496 0 0 0 0 16535783 16884017 0 0 0 10376307 10806294 26912090 27690311 14788239 1133185 45362255 47259864 4522573 4487316 40839682 42772548 X SEE SCHEDULE O false false TAX EXEMPT CLUB ACTIVITIES false false false false false false false true true false false true 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 false true 100 0 true 376 true true true false false false false 2049040 4438288 false X 37 37 false false false false true true true true true false false false true true true true false true true false X THE CLUB 2122472100 ONE WEST 54TH STREET NEW YORK NY 10019 X X GEORGE E PINE III 10.0 X X 0 0 0 PAUL N LEITNER 10.0 X X 0 0 0 JEFFREY BLISS 10.0 X X 0 0 0 JOHN C CANONI 10.0 X X 0 0 0 J SCOTT SWENSEN 10.0 X X 0 0 0 SCOTT R FULLER 10.0 X X 0 0 0 MICHAEL H DEVLIN II 10.0 X X 0 0 0 DENIS ANDREUZZI 2.0 X 0 0 0 CAROLINE A CAMOUGIS 2.0 X 0 0 0 JAMES V ASH 2.0 X 0 0 0 ELLEN C AUWARTER 2.0 X 0 0 0 ROBERT L BARBANELL 2.0 X 0 0 0 WILLIAM R CLINE JR 2.0 X 0 0 0 PAUL A CROTTY 2.0 X 0 0 0 THOMAS P FARRELL 2.0 X 0 0 0 LEE M FULLER JR 2.0 X 0 0 0 JOHN R GIBNEY JR 2.0 X 0 0 0 ROBERT H HACKNEY JR 2.0 X 0 0 0 RICHARD E HAHN 2.0 X 0 0 0 COURTNEY DUR HARDART 2.0 X 0 0 0 CHRISTOPHER KRANTZ 2.0 X 0 0 0 H LLOYD KANEV 2.0 X 0 0 0 THOMAS JA LAVIN 2.0 X 0 0 0 DAVID N LAWRENCE 2.0 X 0 0 0 JOHN M LIFTIN 2.0 X 0 0 0 F GERARD MCGRATH 2.0 X 0 0 0 JOHN A NIELSEN 2.0 X 0 0 0 RODES M PONZER 2.0 X 0 0 0 RYAN F O'CONNELL 2.0 X 0 0 0 PERCY PRESTON 2.0 X 0 0 0 HOWARD E STEINBERG ESQ 2.0 X 0 0 0 MITCHELL S ROSENTHAL 2.0 X 0 0 0 CHARLES W RUSSELL 2.0 X 0 0 0 OSCAR S SCHAFER 2.0 X 0 0 0 KENNETH A SCHULTZ 2.0 X 0 0 0 F JEFF STANLEY IV 2.0 X 0 0 0 GEOFFREY A THOMPSON 2.0 X 0 0 0 JOHN P DORMAN 40.0 X 453786 0 133888 ROBERT BAGLI 40.0 X 166566 0 7909 DAMIEN MUDGE 40.0 X 164184 0 16355 JOHN GRIECO 40.0 X 160803 0 30004 JENNIFER ZEPPIERI 40.0 X 151139 0 31378 ZAHIR AHMED 40.0 X 132800 0 22168 1229278 0 241702 9 false true false PETER GISOLFI ASSOCIATES 566 WARBURTON AVENUE HASTINGS ON HUDSON NY 10706 ARCHITECT 203869 GORTON PARTNERS LLC 21 WEST 38TH STREET 6TH FLOOR NEW YORK NY 10018 CAPITAL CONSULTANTS 182930 ICOR ASSOCIATES LLC 485C ROUTE 1 SOUTH ISELIN NJ 08830 CONTRACTOR 148558 H WEISS COMPANY LLC PO BOX 497 ARMONK NY 10504 SUPPLY COMPANY 125158 WINSTON STRAWN LLP 36235 TREASURY CENTER CHICAGO IL 60694 LEGAL SERVICES 109386 5 6000 6000 MEMBERSHIP DUES 9103868 9103868 CAPITAL ASSESSMENT 1193090 1193090 ENTRANCE FEES 855950 855950 11152908 605124 592225 12899 0 0 5328918 5185142 143776 143776 143776 0 0 19771139 2855451 16915688 13028286 3887402 0 28823496 24181194 4623403 12899 0 0 0 0 587674 0 11032158 881880 3248688 1133617 0 256587 50685 0 0 7986 160606 0 1756390 63778 0 2890715 0 0 36964 0 0 2347430 352614 UNRELATED BUS. INCOME TAX 234537 FOOD & BEVERAGE OPERATIONS 759424 ROOM OPERATIONS 278999 CLUBHOUSE OPERATIONS 976551 OTHER SPORTING ACTIVITIES 551813 81215 27690311 31075 29347 540404 489358 2128560 1954818 1049422 1153858 851106 976525 59818757 39491036 20231975 20327721 16504713 18749452 4025000 3578785 45362255 47259864 2829215 2619638 1693358 1867678 4522573 4487316 X 39371842 41080910 1231063 1448861 236777 242777 40839682 42772548 45362255 47259864 X 1133185 799681 X false true true X false 1467840 684076 236098 696376 1691638 1108559 662392 358876 661987 1467840 1413230 651524 -347016 609179 1108559 0.14352 0.85648 false false 805000 805000 45591551 30698748 14892803 12258786 8792288 3466498 1163420 1163420 20327721 SALE OF EXCESS DEVELOPMENT 3578785 3578785 0 TAXES PAYABLE 344359 UNEARNED INCOME 552836 DEFERRED LIFE MEMBERSHIP 717705 DEFERRED COMPENSATION PLAN 77778 DEFERRED INCOME TAX LIABILITY 175000 1867678 28823496 27690311 1133185 87122 712559 799681 1932866 32313524 87122 3410897 3498019 28815505 7991 7991 28823496 30380658 2855451 2855451 27525207 165104 165104 27690311 ENDOWMENT FUNDS PART V - LINE 4 THE CLUB'S ENDOWMENT FUNDS CONSIST OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE CLUB CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUNDS 2. THE PURPOSE OF THE CLUB AND THE DONOR-RESTRICTED ENDOWMENT FUNDS 3. GENERAL ECONOMIC CONDITIONS 4. THE POSSIBLE EFFECT OF INFLATION AND DEFLATION 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS 6. OTHER RESOURCES OF THE CLUB 7. THE INVESTMENT POLICIES OF THE CLUB OTHER LIABILITIES PART X - LINE 2 As of February 28, 2011 and February 28, 2010, no amounts were recognized for uncertain income tax positions taken during those years. In addition, the Club's tax returns for the year 2008 and forward are subject to the usual review by the appropriate taxing authorities. RECONCILIATION OF CHANGE IN NET ASSETS PART XI - LINE 8 5. PENSION ADJUSTMENT: 555,446. 5. UNRELATED BUSINESS INCOME TAX: 157,118. 5. DEFERRED COMP. INTEREST INCOME. (5.) RECONCILIATION OF REVENUE PART XII - LINES 2D & 4B 2D. COST OF GOODS SOLD: 2,855,451. 2D. PENSION ADJUSTMENT: 555,446. 4B. INVESTMENT ADVISORY FEES: 7,986. 4B. DEFERRED COMP. INVESTMENT INCOME: 5. RECONCILIATION OF EXPENSES PART XIII - LINES 2D & 4B 2D. COST OF GOODS SOLD: 2,855,451. 4B. INVESTMENT ADVISORY FEES: 7,986. 4B. GROSS UP OF UNRELATED BUSINESS INCOME TAX: 157,118. X false true false JOHN P DORMAN 326786 0 127000 0 0 0 107007 0 26881 0 587674 0 0 0 ROBERT BAGLI 148687 0 17879 0 0 0 4932 0 2977 0 174475 0 0 0 DAMIEN MUDGE 87025 0 12000 0 65159 0 8509 0 7846 0 180539 0 0 0 JOHN GRIECO 138265 0 22538 0 0 0 11495 0 18509 0 190807 0 0 0 JENNIFER ZEPPIERI 124352 0 26787 0 0 0 12704 0 18674 0 182517 0 0 0 ZAHIR AHMED 130260 0 2540 0 0 0 3965 0 18203 0 154968 0 0 0 COMPENSATION INFORMATION PART I - QUESTION 4B JOHN P. DORMAN (GENERAL MANAGER) RECEIVED NON-QUALIFIED DEFERRED COMP. OF 80,000. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PART III - LINE 1 PROMOTION OF LITERATURE & ART, BY ESTABLISHING & MAINTAINING A LIBRARY READING-ROOM, & GALLARY OF ART. THE CLUB ALSO PROVIDES A CLUBHOUSE & ATHLETIC FACILITIES FOR THE USE AND ENJOYMENT OF ITS MEMBERSHIP. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION A. - QUESTION 6 THE UNIVERSITY CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION A. - QUESTION 7A THE MEMBERS VOTE FOR THE PARTICIPANTS OF THE MEMBER NOMINATING COMMITTEE WHO IN TURN ELECT THE EXECUTIVE AND COUNCIL MEMBERS. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION A. - QUESTION 7B CHANGES MADE TO THE CONSTITUTION BY THE GOVERNING BODY MUST BE APPROVED BY THE MEMBERSHIP. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION B. - QUESTION 11B THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION B. - QUESTION 12C THE AUDIT COMMITTEE OVERSEES THE DISTRIBUTION AND COLLECTION OF THE CONFLICT OF INTEREST POLICY STATEMENTS. IF ANY CONFLICTS ARISE IT IS REVIEWED AND REPORTED TO THE COUNCIL. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION b. - QUESTIONS 15A & 15B COMPENSATION FOR OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THE CLUB'S PRESIDENT AND HOUSE COMMITTEE CHAIRMAN FOR APPROVAL. GOVERNANCE, MANAGEMENT, AND DISCLOSURE PART VI, SECTION C. - QUESTION 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. RECONCILIATION OF NET ASSETS PART XI - LINE 5 5. PENSION ADJUSTMENT: 555,446. 5. UNRELATED BUSINESS INCOME TAX: 157,118. 5. UNREALIZED GAIN ON INVESTMENTS: 87,122. 5. DEFERRED COMP. INTEREST INCOME: (5.)