2025-11-13T07:47:06-06:00 2024-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2024-01-01 030119660 THE EKWANOK COUNTRY CLUB EKWA 8023622223 PO BOX 467 MANCHESTER VT 05254 MARK L REFFNER TREASURER 8023622223 2025-10-29 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2024 2025-03-06 01:10:19Z JAMES LIANG PO BOX 467 MANCHESTER VT 05254 6574641 0 X WWW.EKWANOK.COM X 1899 VT TO FOSTER, ENCOURAGE AND ENGAGE IN GOLFING AND RELATED ACTIVITIES FOR MEMBERS AND THEIR GUESTS. 25 25 121 25 158079 127075 0 0 3705269 4350332 104762 144664 1358476 1756648 5168507 6251644 0 0 0 0 2686325 3312587 0 0 0 2093139 2556545 4779464 5869132 389043 382512 9377043 9796043 365623 402441 9011420 9393602 THE PRIMARY PURPOSE OF THE CLUB IS TO FOSTER, ENCOURAGE AND ENGAGE IN GOLFING AND RELATED ACTIVITIES FOR MEMBERS AND THEIR GUESTS. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 1 0 1 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 44 0 1 121 1 1 1 0 0 0 0 1356480 16725 0 0 0 X 25 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MOORE DELUE 8023622220 C/O THE CLUB PO BOX 467 MANCHESTER VT 05254 X MARK REFFNER PRESIDENT (JANUARY-OCTOBER) 2.00 X X 0 0 0 BILL PHILIP PRESIDENT (NOV-CURRENT) 2.00 X X 0 0 0 JAMES LIANG TREASURER 2.00 X X 0 0 0 GILLIAN MUNSON ASST. TREASURER 2.00 X X 0 0 0 KATHERINE KAUFMAN SECRETARY (JANUARY-OCTOBER) 2.00 X X 0 0 0 ROBERT LEWIS SECRETARY (NOV-CURRENT) 2.00 X X 0 0 0 RICK ANDERSON GOVERNOR 2.00 X 0 0 0 MIKE BACON GOVERNOR 2.00 X 0 0 0 DON LUKE GOVERNOR 2.00 X 0 0 0 REBECCA MONTGELAS GOVERNOR 2.00 X 0 0 0 RANDY MYER GOVERNOR 2.00 X 0 0 0 PHIL O'ROURKE GOVERNOR 3.00 X 0 0 0 MIKE ROONEY GOVERNOR 4.00 X 0 0 0 KATHARINE SENN GOVERNOR 2.00 X 0 0 0 BILL STERNS GOVERNOR 2.00 X 0 0 0 IAN BRODIE GOVERNOR 2.00 X 0 0 0 WENDY DARRAGH GOVERNOR 2.00 X 0 0 0 MATHEWS DEGAN GOVERNOR 2.00 X 0 0 0 ANIL KHANNA GOVERNOR 2.00 X 0 0 0 ARTHUR PAGE GOVERNOR 2.00 X 0 0 0 CHRISTOPHER WELLS GOVERNOR 2.00 X 0 0 0 BILL WIGHT TRUSTEE 2.00 X 0 0 0 CONSTANTINE RALLI TRUSTEE 2.00 X 0 0 0 TIM THOMPSON TRUSTEE 2.00 X 0 0 0 RICHARD ADAMS TRUSTEE 2.00 X 0 0 0 BRIAN BAREFOOT TRUSTEE 2.00 X 0 0 0 LARRY BELL TRUSTEE 2.00 X 0 0 0 DON KENDALL TRUSTEE 2.00 X 0 0 0 LEVERING MCCORMICK TRUSTEE 2.00 X 0 0 0 BILL PHILIP TRUSTEE 2.00 X 0 0 0 SALLY WOODRUFF TRUSTEE 2.00 X 0 0 0 EMILY BOGLE TRUSTEE 2.00 X 0 0 0 LARRY SENN TRUSTEE 2.00 X 0 0 0 LISA WRIGHT GENERAL MANAGER 40.00 X 200000 0 9997 ALDEN MADDOCKS SUPERINTENDENT 40.00 X 125000 0 33520 TOM MACKEY GOLF PROFESSIONAL 40.00 X 135000 0 6283 JASON BAUM EXEC CHEF 40.00 X 125000 0 4569 585000 0 54369 4 0 1 0 TEE MACK GOLF 34 FLINT ROCK ROAD MANCHESTER CENTER VT 05255 GOLF PRO SHOP 412472 1 MEMBERSHIP DUES 713910 2993852 2993852 CAPITAL CHARGES 713910 705820 705820 INITIATION FEES 713910 650660 650660 4350332 144664 144664 2079645 322997 1756648 1743233 13415 6251644 6093565 158079 0 209997 2468126 75000 279899 279565 25334 243 328358 469142 91996 304561 31683 537253 66191 UNRELATED BUS. INC. TAX 37943 GOLF COURSE OPERATIONS 397793 OTHER DEPTS. OPERATIONS 124965 MISC 113691 27392 5869132 459691 467647 2413340 2775853 42697 89675 20151 28786 12943 13998 16822493 10560170 6215000 6262323 13505 10383 199716 147378 9377043 9796043 165907 255063 199716 147378 365623 402441 X 8784163 9170397 34417 30365 9011420 9393602 9377043 9796043 382512 -330 0 X 0 1 X 1 0 X X 0 34417 93 4145 30365 34262 580 425 34417 36428 -2102 64 34262 39100 -245 2427 36428 62345 5000 988 29233 39100 1.00000 0 0 291286 291286 7924069 4963022 2961047 2391287 1596054 795233 5245430 3108587 2136843 970421 892507 77914 6262323 OPERATING LEASES PAYBALE 147378 147378 6371054 -330 322997 322667 6048387 203257 203257 6251644 5988872 322997 322997 5665875 203257 203257 5869132 PART III, LINE 4: SINCE ITS INCEPTION, THE CLUB HAS ACQUIRED A COLLECTION OF ART WORK, PRINCIPALLY THROUGH CONTRIBUTIONS FROM ITS MEMBERS, AND CERTAIN ARTIFACTS OF HISTORICAL SIGNIFICANCE TO THE CLUB. SUCH ITEMS ARE MAINTAINED FOR THE MEMBERS AND USED TO PREPARE PRESENTATIONS TO THE PUBLIC TO ENHANCE APPRECIATION AND UNDERSTANDING OF THE HISTORICAL SIGNIFICANCE OF THE CLUB AND ITS MEMBERS TO THE MANCHESTER AREA AND THE GAME OF GOLF AND NOT FOR FINANCIAL GAIN. IN KEEPING WITH STANDARD PRACTICE AND RELEVANT GENERALLY ACCEPTED ACCOUNTING STANDARDS, SUCH ITEMS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASE OF ANY SUCH ITEMS ARE RECORDED AS DECREASES IN NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PART V, LINE 4: THE CHARLES W. NICHOLS, JR. TRUST (THE "NICHOLS TRUST") WAS RECEIVED AS A SUCCESSOR TRUSTEE IN MARCH 2015 WITH A $9,421 GIFT. THE CORPUS IS TO BE HELD AND INVESTED BY THE CLUB AND THE INVESTMENT RETURN IS TO BE USED TO PURCHASE A CUP OR TROPHY TO BE AWARDED EVERY YEAR TO THE WINNER OF THE EKWANOK COUNTRY CLUB WOMEN'S GOLF CHAMPIONSHIP. THE CLUB IS PERMITTED TO CHARGE FOR ITS SERVICES, AS OUTLINED IN THE TRUST AGREEMENT. UPON TERMINATION OF THE TRUST, AS OUTLINED IN THE TRUST AGREEMENT, THE CORPUS SHALL VEST IN AND BE PAID TO THE NICHOLS FOUNDATION INC. DURING 2020 AND 2019, THE CLUB RECEIVED $5,000 AND $86,000, RESPECTIVELY, FROM SEVERAL MEMBERS THAT MADE VOLUNTARY CONTRIBUTIONS PRIMARILY TO FUND THE PURCHASE OF PROPERTY ADJACENT TO THE GOLF COURSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 322,997. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS-UP OF REVENUE 203,257. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 322,997. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS-UP OF SALARIES AND WAGES 203,257. X 1 0 X 0 0 0 LISA WRIGHT GENERAL MANAGER 170000 0 30000 0 0 0 0 0 9997 0 209997 0 0 0 ALDEN MADDOCKS SUPERINTENDENT 114000 0 11000 0 0 0 6240 0 27280 0 158520 0 0 0 PART I, LINE 1A TED A. MADDOCKS, GENERAL MANAGER RESIDES IN THE SUPERINTENDENTS HOUSE LOCATED ON THE CLUB PROPERTY. FORM 990, PART VI, SECTION A, LINE 6 THE EKWANOK COUNTRY CLUB (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. EKWANOK HAS SHAREHOLDERS WHOM APPROVE THE PRESIDENT OF THE BOARD OF GOVERNORS, AS PRESENTED AND ENDORSED BY THE TRUSTEES. THERE ARE 13 CLASSES OF MEMBERSHIP: ACTIVE, ACTIVE INDIVIDUAL, NON-RESIDENT, NON-RESIDENT INDIVIDUAL, NATIONAL/INTERNATIONAL, TENNIS, TENNIS INDIVIDUAL, HOUSE, HOUSE INDIVIDUAL, EMERITUS, HONORARY, JUNIORS UNDER 30 YEARS OLD, JUNIORS 30 YEARS OLD TO 34 YEARS OLD. FORM 990, PART VI, SECTION A, LINE 7A THE CLUB HAS A BOARD OF TRUSTEES WHICH ARE RESPONSIBLE FOR ELECTING THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B AT THE SHAREHOLDERS ANNUAL MEETING, THE SHAREHOLDERS ELECT THE GOVERNORS AND OFFICERS AND RATIFY THE ACTIONS OF THE OFFICERS AND GOVERNORS FOR THE PREVIOUS YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE TREASURER AND BUSINESS MANAGER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OUR CONFLICT OF INTEREST POLICY IS REVIEWED EVERY YEAR AT THE GOVERNORS' MEETING AND FORMS ARE SIGNED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION IS DETERMINED BY GOVERNORS AND SUPPORTED BY TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO GENERAL PUBLIC.