2025-05-13T10:26:24-05:00 2024-12-31 840930288 BROCK AND COMPANY CPAS PC 3711 JFK PARKWAY SUITE 317 FORT COLLINS CO 80525 990 2024-01-01 840247380 THE LAKEWOOD COUNTRY CLUB LAKE 3032334614 6800 WEST 10TH AVENUE LAKEWOOD CO 80214 MICHAEL HARMS PRESIDENT 3032334614 2025-05-08 1 0 SID FAHSHOLTZ CPA P00779361 9702237855 2024 2025-03-06 01:10:19Z MICHAEL HARMS 6800 WEST 10TH AVENUE LAKEWOOD CO 80214 11735735 0 X N/A X 1908 CO PRIVATE COUNTRY CLUB 9 9 0 0 136741 48425 0 0 7570837 8249054 70318 43610 1717622 495883 9358777 8788547 0 0 0 0 0 0 0 0 0 9173875 8650363 9173875 8650363 184902 138184 19406466 19098369 5434655 4995466 13971811 14102903 PRIVATE COUNTRY CLUB 0 0 CLUBHOUSE AND GOLF COURSE - 18 HOLES OF GOLF FOR MEMBER AND GUESTS OF MEMBER PLAY. THE CLUB ALSO PROVIDES FULL FOOD AND BEVERAGE SERVICES FOR ITS MEMBERS AND GUESTS OF MEMBERS. THE FOOD AND BEVERAGE SERVICES PROVIDED TO MEMBERS INCLUDE PARTIES, BANQUETS, AND SPECIAL OCCASION NEEDS AS DETERMINED BY THE MEMBER. THE CLUB ALSO PROVIDES LIMITED FOOD AND BEVERAGE SERVICES TO NON-MEMBERS FOR EVENTS SUCH AS WEDDING RECEPTIONS. SWIMMING PROGRAM - ADULT POOL AND CHILDERN'S POOL FOR MEMBERS AND GUESTS OF MEMBERS. LOCKER, CART AND CLUB RENTALS - FOR MEMBERS AND THEIR GUESTS WHILE PARTICIPATING IN CLUB ACTIVITIES. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 1 0 1 1 0 0 0 0 2664159 487224 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X LAKEWOOD COUNTRY CLUB 3032334614 6800 W 10TH AVENUE LAKEWOOD CO 80214 X BRIT PROBST DIRECTOR 2.00 X 0 0 0 JAMIE GARD DIRECTOR 2.00 X 0 0 0 MICHAEL HARMS DIRECTOR 2.00 X 0 0 0 BRADY GARR DIRECTOR 2.00 X 0 0 0 RICHARD BRADSBY SECRETARY 2.00 X X 0 0 0 DAX ALTERNBURG DIRECTOR 2.00 X 0 0 0 DAVE RAMSEY VICE PRESIDENT 2.00 X X 0 0 0 SCOTT KILGORE TREASURER 2.00 X X 0 0 0 RICHARD MOWER PRESIDENT 4.00 X X 0 0 0 0 0 0 0 0 0 0 MANAGEMENT SOLUTIONS INC 7400 E ORCHARD RD SUITE 3055N GREENWOOD VILLAGE CO 80111 PROFESSIONAL EMPLOYER ORGANIZATION 3087519 G&A PARTNERS 8055 E TUFTS AVE SUITE 400 DENVER CO 80237 PROFESSIONAL EMPLOYER ORGANIZATION 2302508 CTW MANAGEMENT STRATEGIES LLC 119 WYNNGATE RD SAVANNAH GA 31410 MANAGERIAL SERVICES 330000 3 MEMBERSHIP DUES & ASSESSMENTS 713910 4600577 4600577 PROGRAM SERVICES 713910 3648477 3511600 136877 8249054 69690 69690 496779 229243 267536 267536 268536 -1000 2613 28693 -26080 -26080 -26080 2873067 2689252 183815 252641 -68826 LATE FEES, AND OTHER INCOME 713910 44532 44532 44532 8788547 8651806 136741 0 4370464 54463 1635 37573 157238 275532 11282 156148 1079288 211833 CONTRACT LABOR 435389 REPAIRS AND MAINTENANCE 387469 UTILITIES 347895 OTHER EXPENSES 300467 823687 8650363 1060579 780428 1378811 1059010 350846 444366 346301 339527 56756 73623 32388592 16262065 15998044 16126527 215129 274888 19406466 19098369 667958 696181 4434467 4015002 332230 284283 5434655 4995466 X 0 0 0 0 13971811 14102903 13971811 14102903 19406466 19098369 X 138184 -7092 X 0 1 X 1 0 9508146 9508146 14882235 13009652 1872583 7822730 3252413 4570317 175481 175481 16126527 OPERATING LEASE LIABILITY 276283 ADVANCE DEPOSITS 8000 284283 X 11707042 2925587 2925587 8781455 7092 7092 8788547 11575950 2925587 2925587 8650363 0 8650363 PART X, LINE 2: THE CLUB UTILIZES THE PROVISIONS OF ASC 740 PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740 REQUIRES THE USE OF A MORE-LIKELY-THAN-NOT RECOGNITION CRITERIA BEFORE AND SEPARATE FROM THE MEASUREMENT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. WITH RESPECT TO THE CLUB, THIS WOULD PRIMARILY RELATE TO THE DETERMINATION OF UNRELATED BUSINESS TAXABLE INCOME AND TO THE MAINTENANCE OF ITS TAX EXEMPT STATUS. MANAGEMENT HAS EVALUATED THE ADOPTED POLICIES AND PROCEDURES THAT HAVE BEEN IMPLEMENTED TO PROVIDE ASSURANCE THAT INCOME IS PROPERLY CHARACTERIZED AND ACTIVITIES THAT JEOPARDIZE ITS TAX EXEMPT STATUS ARE WITHIN LIMITS ESTABLISHED UNDER EXISTING TAX CODE AND REGULATIONS. MANAGEMENT HAS DETERMINED THE EFFECTS OF UNCERTAIN TAX POSTIONS ARE NOT MATERIAL TO THE CLUB FOR RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AND, ACCORDINGLY, NO INCOME TAX LIABILITY HAS BEEN RECORDED FOR UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALL INCOME TAX YEARS 2021 AND LATER REMAIN OPEN TO TAXATION BY TAXING AUTHORITIES AT CORPORATE TAX RATES. ADDITIONALLY, PENALTIES AND INTEREST MAY BE ASSESSED ON INCOME TAXES THAT ARE DELINQUENT. THE ASSESSMENT OF UNCERTAIN INCOME TAXES IS SUBJECT TO ESTIMATE AND IT IS REASONABLY POSSIBLE THAT THE ESTIMATE MAY CHANGE IN THE NEAR TERM AND THE CHANGE MAY BE MATERIAL. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,696,344. RENTAL EXPENSES 229,243. PART XI, LINE 4B - OTHER ADJUSTMENTS: TIP CREDIT 7,092. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,696,344. RENTAL EXPENSES 229,243. FORM 990, PART VI, SECTION A, LINE 6 FULL RESIDENT MEMBERS ARE ENTITLED TO HOLD OFFICE AND TO VOTE FOR MATTERS BROUGHT TO THE MEMBERSHIP FOR VOTE IN AN ANNUAL MEETING BY THE BOARD OF DIRECTORS. SUCH ITEMS WOULD INCLUDE, BUT NOT BE LIMITED TO, DUES INCREASES AND MEMBER ASSESSMENTS. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTORS OF 9 MEMBERS GOVERN THE CLUB. EACH BOARD OF DIRECTOR MEMBER IS ELECTED BY THE VOTING MEMBERSHIP TO A 3 YEAR TERM. 3 NEW BOARD OF DIRECTOR MEMBERS ARE ELECTED EACH YEAR. BOARD OF DIRECTOR'S ESTABLISH POLICIES AND PROCEDURES TO BE MANAGED BY THE GENERAL MANAGER AND THE MANAGEMENT TEAM. FORM 990, PART VI, SECTION A, LINE 7B VOTING MEMBERS MUST APPROVE DUES INCREASES AND ASSESSMENTS AS PROPOSED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAVE THE AUTHORITY TO ESTABLISH VARIOUS FEES SUCH AS HOUSE FEES, GUEST MEMBER FEES, GOLF CART USAGE FEES, FOOD AND BEVERAGE PRICING AND OTHER SIMILAR MATTERS NECESSARY TO MANAGE THE OPERATIONS OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS INFORMED OF FORM 990 AND THAT THEY MAY REVIEW THE FORM 990 PRIOR TO ITS FILING. THE TREASURER, GENERAL MANAGER AND CONTROLLER REVIEW THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE INFORMED OF THE CLUB'S CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY. ANNUAL SIGN-OFFS ARE REQUIRED AND MAINTAINED BY THE CLUB. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF TOP MANAGEMENT IS PART OF THE ANNUAL BUDGET PROCESS INCLUDING APPROVAL BY THE BOARD OF DIRECTORS. COMPENSATION OF ALL MANAGEMENT PERSONNEL IS PART OF THIS PROCESS AND IS SPECIFICALLY APPROVED BY THE BOARD OF DIRECTORS AND EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSED AT THE ANNUAL MEMBERSHIP MEETING AND IN THE CLUB'S BY-LAWS. VOTING MEMBERS MAY REVIEW ALL SUCH DOCUMENTS DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: PAYROLL COST OF LABOR REDUCTION FOR TIP CREDIT BENEFIT -7,092.