2025-11-14T13:14:43-06:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2024-01-01 842249627 NATIONAL LINKS TRUST NATI 7039151568 972 OHIO DRIVE SW WASHINGTON DC 20024 JOHN HONG TREASURER 7039151568 2025-11-14 1 1 FRANK SMITH P00639053 3016913600 2025-11-14 2024 2025-03-06 01:10:19Z JOHN HONG 972 OHIO DRIVE SW WASHINGTON DC 20024 16427927 0 X HTTPS://WWW.NATIONALLINKSTRUST.COM/ X 2019 DC NATIONAL LINKS TRUST IS A NON-PROFIT ORGANIZATION DEDICATED TO POSITIVELY IMPACTING OUR COMMUNITY AND CHANGING LIVES THROUGH AFFORDABLE AND ACCESSIBLE MUNICIPAL GOLF. 19 16 9 618 0 0 1728941 3641702 9372502 9713841 268299 325979 1171246 1354928 12540988 15036450 0 0 0 0 857398 1118425 296250 16407 636441 8324727 10067414 9478375 11202246 3062613 3834204 14975614 18348648 4329234 3868064 10646380 14480584 X NATIONAL LINKS TRUST IS A NON-PROFIT ORGANIZATION DEDICATED TO POSITIVELY IMPACTING OUR COMMUNITY AND CHANGING LIVES THROUGH AFFORDABLE AND ACCESSIBLE MUNICIPAL GOLF. 0 0 10195056 10955195 NATIONAL LINKS TRUST (NLT) OPERATES THREE MUNICIPAL GOLF COURSES IN WASHINGTON, DC: EAST POTOMAC GOLF LINKS, LANGSTON GOLF COURSE AND ROCK CREEK PARK GOLF. THESE PROPERTIES GENERATE REVENUE THROUGH REGULAR GOLF COURSE OPERATIONS; HOWEVER, AS PART OF THE ORGANIZATION'S MISSION TO PROVIDE ACCESSIBLE, AFFORDABLE GOLF TO LOCAL COMMUNITIES, THE RATES ARE WELL BELOW MARKET VALUE. TO BETTER SERVE THE COMMUNITY OF GOLFERS IN WASHINGTON, DC, NLT INVESTED IN COURSE IMPROVEMENT PROJECTS INCLUDING:A. CONTINUED IMPROVEMENT OF COURSE CONDITIONS THROUGH IMPROVED AGRONOMIC PRACTICES.B. SIGNIFICANT PLANNING, CONSULTATION, DESIGN, AND REFINEMENT OF FUTURE PLANS FOR LARGE-SCALE CAPITAL IMPROVEMENT PROJECTS AT THE THREE COURSES TO TRANSFORM THEM INTO TRUE COMMUNITY ASSETS THAT BENEFIT BOTH GOLFERS AND NON-GOLFERS IN THE COMMUNITY.C. IMPLEMENTATION OF AN ADAPTIVE MANAGEMENT APPROACH TO REMOVING INVASIVE VEGETATION AND THE BEGINNING OF SITE WORK AT ROCK CREEK PARK GOLF AHEAD OF A LARGE-SCALE CAPITAL IMPROVEMENT PROJECT AT THE COURSE.D. EXECUTION OF A FULL RESTORATION AND RENOVATION OF EAST POTOMAC MINIATURE GOLF - THE NATION'S OLDEST CONTINUOUSLY OPERATING MINIATURE GOLF COURSE.THE JACK VARDAMAN WORKFORCE DEVELOPMENT PROGRAM WAS CONDUCTED AT LANGSTON GOLF COURSE WHERE THIRTY ADOLESCENTS AND YOUNG ADULTS WERE TAUGHT VALUABLE JOB AND LIFE SKILLS WHILE EARNING AN INCOME AND BUILDING ELIGIBILITY FOR COLLEGE SCHOLARSHIP. IN 2024, THE PROGRAM PRODUCED ITS FIRST 'EVANS SCHOLAR' - A RECIPIENT OF A FULL HOUSING AND TUITION COLLEGE GRANT THROUGH A PARTNERSHIP WITH THE WESTERN GOLF ASSOCIATION. THE BANCROFT GORDON MEMORIAL SCHOLARSHIP WAS ALSO CREATED, FUNDED, AND AWARDED BY NLT AND PRESENTED TO THREE STUDENTS WHO EXCELLED IN THE PROGRAM IN 2024.2024 MARKED THE BEGINNING OF "FREE LESSON FRIDAYS", A COMMUNITY EVENT SERIES TARGETED AT INTRODUCING LOCAL WASHINGTON, DC COMMUNITY MEMBERS OF ALL BACKGROUNDS TO THE GAME OF GOLF. THE PROGRAM SAW MORE THAN 300 PARTICIPANTS ACROSS SIX EVENTS. THROUGH STRATEGIC PARTNERSHIPS, DEDICATED MAINTENANCE PRACTICES, AND A GROWING COMMUNITY OF VOLUNTEERS, NLT CONTINUED ITS COMMITMENT TO LONG-TERM ENVIRONMENTAL SUSTAINABILITY AT THE THREE COURSES. IN 2024, NLT MOBILIZED A ROBUST VOLUNTEER NETWORK TO EXECUTE MORE THAN 1,650-MAN HOURS DEDICATED TO ENVIRONMENTAL SUSTAINABILITY PROJECTS. PROJECTS INCLUDED REMOVING TRASH FROM THE FACILITIES AND THEIR SURROUNDING ENVIRONMENTS AND RESTORING NATIVE HABITAT THROUGH INVASIVE VEGETATION REMOVAL. 10195056 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 16 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 AL AR CA FL GA HI IL KS MD MI MS NC NH NJ NM NY OK OR PA RI SC TN UT VA WI WV KY X JOHN HONG TREASURER 7039151568 972 OHIO DRIVE SW WASHINGTON DC 20024 MICHAEL MCCARTIN CHAIRMAN 15.00 X X 50000 0 0 WILL SMITH VICE CHAIRMAN 30.00 X X 50000 0 0 JOHN HONG TREASURER 30.00 X X 25000 0 0 LISA MITCHELL DIRECTOR-UNTIL 04/24, SECRETARY 5.00 X X 0 0 0 TARI CASH DIRECTOR 5.00 X 0 0 0 ALAN FADEL DIRECTOR 5.00 X 0 0 0 KATHRYN KENNEDY DIRECTOR 5.00 X 0 0 0 CRAIG KIRBY DIRECTOR UNTIL 10/24 5.00 X 0 0 0 PENNY LEE DIRECTOR 5.00 X 0 0 0 STEVE SAYRE DIRECTOR 5.00 X 0 0 0 STUART SICILANO DIRECTOR 5.00 X 0 0 0 LEMUEL SMITH DIRECTOR 5.00 X 0 0 0 WILLIAM SPENCE DIRECTOR 5.00 X 0 0 0 MATTHEW CUTTS DIRECTOR 5.00 X 0 0 0 MARK TUOHEY DIRECTOR 5.00 X 0 0 0 PATRICIA HINES DIRECTOR 5.00 X 0 0 0 JEFF STRUNK DIRECTOR 5.00 X 0 0 0 CHUCK WILSON DIRECTOR AS OF 10/24 5.00 X 0 0 0 HILLARY BALTIMORE DIRECTOR AS OF 10/24 5.00 X 0 0 0 KIRTAN MEHTA DIRECTOR AS OF 10/24 5.00 X 0 0 0 DAMIAN COSBY EXECUTIVE DIRECTOR 40.00 X 167813 0 8795 CLARK PASTRICK SR. PROJECT MANAGER 40.00 X 126250 0 0 419063 0 8795 3 0 1 0 BLACK PEARL MANAGEMENT 525-K EAST MARKET STREET 184 LEESBURY VA 20176 CONSTRUCTION & DESIGN SERVICES 694546 QUINN EVANS 2121 WARD PL NW 4TH FLOOR WASHINGTON DC 20037 ARCHITECTURAL, DESIGN AND PLANNING 631536 ADVENTURE GOLF & SPORTS PO BOX 6319 TRAVERSE CITY MI 49696 CONSTRUCTION & DESIGN SERVICES 288579 SHIFT 4 1200 HARBOR BLVD WEEHAWKEN TOWNSHIP NJ 07086 CREDIT CARD PROCESSING SERCICES 211989 OLSEN WEAVER 3048 SOUTH ABINGDON ST C2 ARLINGTON VA 22206 CONSTRUCTION & DESIGN SERVICES 169398 9 1174654 2467048 3641702 GOLF COURSE REVENUE 713910 9713841 9713841 9713841 325979 325979 249540 1174654 135966 113574 113574 2496865 1255511 1241354 1241354 15036450 10955195 0 439553 X 301608 148384 55161 98063 529890 190174 119112 220604 45705 45705 190877 76158 41203 73516 50345 20422 10611 19312 150000 150000 20383 679 19704 44201 44201 16407 16407 5380194 5344025 36169 75877 52917 22960 977224 945859 7082 24283 204962 204962 46219 16915 29304 157641 135439 22202 746281 745352 929 146059 145550 509 REPAIRS AND MAINTENANCE 828318 828318 BANK AND CREDIT CARD FE 500056 463982 36074 UTILITIES 331604 325529 6075 EVENTS AND PROGRAMMING 301384 246014 55370 157011 108672 689 47650 11202246 10195056 370749 636441 936767 8831891 6592984 544989 788306 69875 17660 272114 289439 58395 43614 7511002 704638 4656161 6806364 1844329 1571374 14975614 18348648 729368 774155 80750 99499 671070 382598 2848046 2611812 4329234 3868064 X 8433301 12243223 2213079 2237361 10646380 14480584 14975614 18348648 3834204 0 X X 0 1 X 1 0 X 1049670 2652259 1814015 1728941 3641702 10886587 1049670 2652259 1814015 1728941 3641702 10886587 3023296 7863291 294 53191 268299 325979 647763 11534350 39088913 0.68170 0.66700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6516342 240225 6276117 994660 464413 530247 6806364 RIGHT-OF-USE ASSETS 1571374 1571374 DRIVING RANGE LIABILITY 381625 REFUNDABLE ADVANCE 500000 FINANCE LEASE LIABILITIES 1730187 2611812 X 16837402 1842919 1842919 14994483 41967 41967 15036450 13003198 1842919 1842919 11160279 41967 41967 11202246 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE (IRS) AS OTHER THAN A PRIVATE FOUNDATION. NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2024, SINCE THE ORGANIZATION HAD NO TAXABLE INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE INCOME TAX POSITIONS TAKEN BY THE ORGANIZATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE ORGANIZATION CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT IT HAS PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. THE ORGANIZATION BELIEVES THAT THERE ARE NO POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE ORGANIZATION'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES NOT INCLUDED ON FORM 990 PART VIII LINE 8B PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSES NOT INCLUDED ON FORM 990 PART VIII LINE 8B X X X X X X 1 CANNON GROUP LLC 1001 PENNSYLVANIA AVE NW SUITE 13 WASHINGTON DC 20004 FUNDRAISING SERVICES 0 236240 16407 120000 236240 16407 120000 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC AUCTION 658113 523019 135094 7117 HIKE 290212 286490 3722 415 1830 1478 1584 10 475869 365145 110724 7924 95594 7206 3500 9319 1424194 1174654 249540 8339 104541 8684 3500 10903 135967 113573 X X 0 0 0 0 0 0 0 1 0 DAMIAN COSBY EXECUTIVE DIRECTOR 157500 0 10313 0 0 0 0 0 8795 0 176608 0 0 0 PART I, LINE 7 DAMIAN COSBY, EXECUTIVE DIRECTOR OF NLT RECIEVED A BONUS IN THE AMOUNT OF $10,313 IN 2024. X GOLF MEMBERSHIP 1 36400 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE GOLF OPERATIONS ARE PERFORMED BY HONOURS GOLF COMPANY, LLC (HONOURS), A SUBSIDIARY OF TROON GOLF, LLC, A THIRD PARTY. DURING THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION PAID HONOURS EMPLOYEE COSTS OF $4,652,572, ADMINISTRATIVE FEES OF $625,622, AND MANAGEMENT FEES OF $150,000. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEE MEETINGS HELD DURING 2024. FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW OF THE DRAFT FORM 990 IS REVIEWED BY THE TREASURER AND THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY INCLUDES FORMAL POLICIES AND PROCEDURES ON DISCLOSING POSSIBLE CONFLICTS. ANY POTENTIAL CONFLICTS ARE REQUIRED TO BE DISCLOSED IN WRITING ON AN ANNUAL BASIS. ALL BOARD MEMBERS ARE ANNUALLY PROVIDED WITH THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO SIGN THE POLICY TO CONFIRM COMPLIANCE FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVED THE EXECUTIVE DIRECTOR'S COMPENSATION. COMPENSATION IS BASED ON ANNUAL COSTS OF LIVING AS WELL AS A REVIEW OF COMPARATIVE DATA FROM OTHER SIMILAR SIZED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 4,891,613. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,891,613. CONSULTANT: PROGRAM SERVICE EXPENSES 452,412. MANAGEMENT AND GENERAL EXPENSES 36,169. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 488,581. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.