2023-11-02T11:09:14-05:00 2022-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-01-01 060516620 THE ROUND HILL CLUB INCORPORATED ROUN 2038692350 33 ROUND HILL CLUB ROAD GREENWICH CT 06831 JAMES E KNIGHT TREASURER 2038692350 2023-10-26 1 JAMES KNIGHT 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID MACFARLANE 33 ROUND HILL CLUB ROAD GREENWICH CT 06831 15381206 0 X WWW.RHCLUB.ORG X 1922 CT TO OPERATE A CLUB EXCLUSIVELY FOR THE PLEASURE, RECREATION, AND OTHER NON-PROFIT PURPOSE OF ITS MEMBERS. 20 20 219 20 176486 0 0 0 9403754 10272216 101019 -4262 3880227 3938682 13385000 14206636 0 0 0 0 7243343 7934858 0 0 0 6504366 6292462 13747709 14227320 -362709 -20684 26532622 25906156 3293410 2239196 23239212 23666960 TO OPERATE A CLUB EXCLUSIVELY FOR THE PLEASURE, RECREATION, AND OTHER NON-PROFIT PURPOSE OF ITS MEMBERS; TO PROMOTE SOCIAL INTERCOURSE AMONG THEM; AND TO ENCOURAGE THEIR DEVELOPMENT AND ENJOYMENT OF GOLF, TENNIS, SWIMMING, AND OTHER GAMES AND SPORTS. 0 0 TAX EXEMPT CLUB ACTIVITIES 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 45 0 1 219 1 1 1 0 0 0 0 2446282 231574 0 0 0 X 20 20 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 X CYNTHIA SOSA 2038692350 33 ROUND HILL CLUB ROAD GREENWICH CT 06831 X JOHN C GAMMAGE JR PRESIDENT 2.00 X X 0 0 0 JAMES E KNIGHT VICE PRESIDENT 2.00 X X 0 0 0 DAVID MACFARLANE TREASURER 2.00 X X 0 0 0 HENRY ASHFORTH III SECRETARY 1.00 X X 0 0 0 ROBIN PRINCE BOARD MEMBER 0.50 X 0 0 0 TAYLOR GRAY BOARD MEMBER 0.50 X 0 0 0 SARAH GREENHILL BOARD MEMBER 0.50 X 0 0 0 BROOKS MELLY BOARD MEMBER 0.50 X 0 0 0 STEPHEN SALYER BOARD MEMBER 0.50 X 0 0 0 LANCE BAKROW BOARD MEMBER 0.50 X 0 0 0 MEREDITH FEURTADO BOARD MEMBER 0.50 X 0 0 0 JOHN HORTON JR BOARD MEMBER 0.50 X 0 0 0 POLLY HANSON BOARD MEMBER 0.50 X 0 0 0 CLARE HARRINGTON BOARD MEMBER 0.50 X 0 0 0 JASON VINTIADIS BOARD MEMBER 0.50 X 0 0 0 MICHAEL MAHAFFY BOARD MEMBER 0.50 X 0 0 0 ROBERT VINCENT BOARD MEMBER 0.50 X 0 0 0 LISA HURST BOARD MEMBER 0.50 X 0 0 0 JONATHAN OLD III BOARD MEMBER 0.50 X 0 0 0 KELLY WATTS BOARD MEMBER 0.50 X 0 0 0 WILL DUTHE GENERAL MANAGER 40.00 X 196538 0 0 SEAN FOLEY GREENS SUPERINTENDENT 40.00 X 279137 0 31296 BRIAN G WALSHE FORMER GENERAL MANAGER 40.00 X 1064096 0 21164 JOSEPH CONNERTON GOLF PROFESSIONAL 40.00 X 349469 0 29242 DOMINIC E CALLA CHEF 40.00 X 178885 0 11845 JORGE JAVIER FERRIN KRANEWITTER TENNIS PROFESSIONAL 40.00 X 384258 0 31052 STEVEN A SCHARFF SQUASH PROFESSIONAL 40.00 X 350431 0 32951 MARY SCHAFFER ASSISTANT GENERAL MANAGER 40.00 X 165096 0 17476 2967910 0 175026 11 1 1 0 0 MEMBERSHIP DUES 713910 7825934 7825934 INITIATION FEES 713910 1527500 1527500 CAPITAL IMPROVEMENT ASSESSMENT 713910 918782 918782 10272216 -4262 -4262 5113252 1174570 3938682 3757934 180748 14206636 14030150 176486 0 1592231 4534833 165921 965449 676424 4158 27874 155663 968072 874393 2173514 272440 GOLF COURSE OPERATIONS 839346 FOOD & BEV OPERATIONS 500872 OTHER SPORTS ACTIVITIES 454681 UNRELATED BUS. INC. TAX 21449 14227320 10633 32395 1781632 1990894 601539 1188983 452831 518305 91979 126374 55788384 34096700 22191686 21691684 1402322 357521 26532622 25906156 610325 889007 28099 35363 2654986 1314826 3293410 2239196 X 23239212 23666960 23239212 23666960 26532622 25906156 X -20684 448432 X 0 1 X 1 0 1009714 1009714 30986098 17116608 13869490 10063449 9858067 205382 13729123 7122025 6607098 21691684 DEFERRED COMP. PLAN 1314826 1314826 15829638 1623002 1623002 14206636 0 14206636 15401890 1174570 1174570 14227320 0 14227320 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,174,570. GAIN ON STOCK SALE 116,300. POST RETIREMENT BENEFIT ADJUSTMENT 297,607. DEF. COMP. INVESTMENT 34,525. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,174,570. X 0 0 0 BRIAN G WALSHE FORMER GENERAL MANAGER 206713 0 81250 0 776133 0 11519 0 9645 0 1085260 0 0 0 JORGE JAVIER FERRIN KRANEWITTER TENNIS PROFESSIONAL 57206 0 5000 0 322052 0 10301 0 20751 0 415310 0 0 0 STEVEN A SCHARFF SQUASH PROFESSIONAL 95473 0 16691 0 238267 0 12200 0 20751 0 383382 0 0 0 JOSEPH CONNERTON GOLF PROFESSIONAL 176737 0 14700 0 158032 0 8491 0 20751 0 378711 0 0 0 SEAN FOLEY GREENS SUPERINTENDENT 250137 0 29000 0 0 0 8652 0 22644 0 310433 0 0 0 WILL DUTHE GENERAL MANAGER 161538 0 35000 0 0 0 0 0 0 0 196538 0 0 0 DOMINIC E CALLA CHEF 163885 0 15000 0 0 0 4096 0 7749 0 190730 0 0 0 MARY SCHAFFER ASSISTANT GENERAL MANAGER 150096 0 15000 0 0 0 5096 0 12380 0 182572 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ROUND HILL CLUB, INCORPORATED (THE "CLUB") WAS FORMED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ANY STOCKHOLDER ATTENDING THE ANNUAL MEETING OF STOCKHOLDERS MAY NOMINATE ANOTHER STOCKHOLDER TO SERVE AS A MEMBER OF THE BOARD OF DIRECTORS, THE STOCKHOLDERS, OR THEIR PROXIES, THEN VOTE ON THE NOMINATIONS. FORM 990, PART VI, SECTION A, LINE 7B MAJOR CAPITAL ASSESSMENTS MUST BE APPROVED BY A MAJORITY OF THE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE GENERAL MANAGER AND CONTROLLER REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUESTING THAT DIRECTORS AND KEY EMPLOYEES REVIEW THE POLICY ON AN ANNUAL BASIS AND DISCLOSE ANY POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PERFORMANCE OF THE GENERAL MANAGER ("GM") WAS DETERMINED THROUGH A WELL-DEFINED AND RIGOROUS INTERNAL PROCESS THAT STARTED WITH MUTUALLY-AGREE (WRITTEN) PERFORMANCE OBJECTIVES AT THE BEGINNING OF THE YEAR, FOLLOWED BY REGULAR PERFORMANCE DISCUSSIONS WITH THE PRESIDENT OVER THE COURSE OF THE YEAR, FOLLOWED BY WRITTEN SELF-EVALUATION BY THE GM TOWARD YEAR END, FOLLOWED BY A WRITTEN PERFORMANCE EVALUATION OF THE GM CONDUCTED BY TWO MEMBERS OF THE BOARD OF DIRECTORS. COMPENSATION WAS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD (COMPRISING THE FOUR OFFICERS) BASED UPON A COMBINATION OF THE AFOREMENTIONED PERFORMANCE EVALUATION PROCESS AND A REVIEW OF COMPARABLE MARKET DATA FOR SIMILAR POSITIONS, AS PROVIDED BY OUR ACCOUNTING FIRM CONDON O'MEARA MCGINTY & DONNELLY LLP, AT LEAST BIANNUALLY, BUT ALWAYS AS REQUESTED. THE PROCESS FOR DETERMINING COMPENSATION FOR ALL KEY EMPLOYEES UTILIZED INDEPENDENT CONSULTANT SIBBALD ASSOCIATES, COMPARABILITY DATA PROVIDED BY CONDON O'MEARA MCGINTY & DONNELLY LLP AND THE CLUB MANAGERS ASSOCIATION OF AMERICA, IN ADDITION TO ESTABLISHED INTERNAL PROCESS FOR REVIEWING PERFORMANCE, AS DESCRIBED GENERALLY IN THE SCHEDULE O DISCLOSURE FOR PART VI, SECTION B. - QUESTION 15A. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: DEFERRED COMP. 34,525. GAIN ON STOCK TRANSACTIONS 116,300. POST RETIREMENT BENEFIT ADJUSTMENT 297,607.