Civic Intelligence

Oak Hills Inc

990 • Fiscal year 2017 • EIN 23-7323356

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

12325 Golfing Green DrOmaha, NE 68137-3438

(402) 895-2012

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.62x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.99x

Higher debt load relative to revenue than 67% of similar nonprofits.

2017 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2017

Net Margin

65th percentile

3.8%

Higher net margin than 65% of similar nonprofits.

2017 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$130,942

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2017 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2017

Asset Growth

95th percentile

34%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

2.3%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,919,611

Up $1,493,116 (+34%) from 2016

Net Assets

Up

$2,266,385

Up $141,071 (+6.6%) from 2016

Liabilities

Up

$3,653,226

Up $1,352,045 (+59%) from 2016

Revenue

Up

$3,691,886

Up $82,003 (+2.3%) from 2016

Expenses

Up

$3,550,815

Up $5,998 (+0.2%) from 2016

Net Income

Up

$141,071

Up $76,005 (+117%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $4,266,928Liabilities 2011: $2,331,517Net Assets 2011: $1,935,4112011Assets 2012: $4,167,960Liabilities 2012: $2,295,032Net Assets 2012: $1,872,9282012Assets 2013: $4,089,815Liabilities 2013: $2,256,996Net Assets 2013: $1,832,8192013Assets 2014: $4,239,530Liabilities 2014: $2,236,248Net Assets 2014: $2,003,2822014Assets 2015: $4,221,134Liabilities 2015: $2,160,886Net Assets 2015: $2,060,2482015Assets 2016: $4,426,495Liabilities 2016: $2,301,181Net Assets 2016: $2,125,3142016Assets 2017: $5,919,611Liabilities 2017: $3,653,226Net Assets 2017: $2,266,3852017Assets 2018: $6,283,377Liabilities 2018: $3,834,745Net Assets 2018: $2,448,6322018Assets 2019: $6,438,274Liabilities 2019: $3,751,246Net Assets 2019: $2,687,0282019Assets 2020: $6,871,830Liabilities 2020: $3,714,973Net Assets 2020: $3,156,8572020Assets 2021: $7,364,027Liabilities 2021: $3,971,011Net Assets 2021: $3,393,0162021Assets 2022: $7,712,770Liabilities 2022: $4,218,441Net Assets 2022: $3,494,3292022Assets 2023: $7,889,920Liabilities 2023: $3,992,782Net Assets 2023: $3,897,1382023Assets 2024: $9,015,049Liabilities 2024: $5,015,623Net Assets 2024: $3,999,4262024

Highlighted filing

2017

Assets$5,919,611
Liabilities$3,653,226
Net Assets$2,266,385

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,183,0622011Expenses 2012: $3,230,4202012Revenue 2013: $3,235,470Expenses 2013: $3,275,579Net Income 2013: -$40,1092013Revenue 2014: $3,458,267Expenses 2014: $3,287,804Net Income 2014: $170,4632014Revenue 2015: $3,472,875Expenses 2015: $3,415,909Net Income 2015: $56,9662015Revenue 2016: $3,609,883Expenses 2016: $3,544,817Net Income 2016: $65,0662016Revenue 2017: $3,691,886Expenses 2017: $3,550,815Net Income 2017: $141,0712017Revenue 2018: $4,063,454Expenses 2018: $3,881,207Net Income 2018: $182,2472018Revenue 2019: $4,460,135Expenses 2019: $4,221,739Net Income 2019: $238,3962019Revenue 2020: $4,610,531Expenses 2020: $4,140,702Net Income 2020: $469,8292020Revenue 2021: $4,879,984Expenses 2021: $4,643,825Net Income 2021: $236,1592021Revenue 2022: $5,335,519Expenses 2022: $5,234,206Net Income 2022: $101,3132022Revenue 2023: $5,951,017Expenses 2023: $5,548,208Net Income 2023: $402,8092023Revenue 2024: $5,836,958Expenses 2024: $5,734,670Net Income 2024: $102,2882024

Highlighted filing

2017

Revenue$3,691,886
Expenses$3,550,815
Net Income$141,071
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$4,446,481
Mission and Program Overview

Mission

To provide and maintain places of and facilities for recreation, diversion, and entertainment for its members, their families and guests with a country club and golf course.

Country club and membership services

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,418,747$3,313,390▼ $105,357
Rtn Earn Endowment Incm Other Fnds$993,939$1,135,010▲ $141,071
Cap Stk Tr Prin Current Funds$1,093,750$1,093,750→ $0
Accounts Receivable$620,137$602,294▼ $17,843
Cash and Non-Interest-Bearing Accounts$145,974$168,114▲ $22,140
Inventories for Sale or Use$156,244$139,449▼ $16,795
Pd in Cap Srpls Land Bldg Eqp Fund$37,625$37,625→ $0
Intangible Assets$20,975$37,578▲ $16,603
Prepaid Expenses and Deferred Charges$11,698$20,657▲ $8,959
Total Assets$4,426,495$5,919,611▲ $1,493,116
Other Assets Total$52,720$1,638,129▲ $1,585,409
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,185,183$2,531,925▲ $1,346,742
Deferred Revenue$467,605$631,178▲ $163,573
Unsecured Notes Loans Payable$319,570$0▼ $319,570
Accounts Payable and Accrued Expenses$187,279$299,042▲ $111,763
Other Liabilities$141,544$191,081▲ $49,537
Total Liabilities$2,301,181$3,653,226▲ $1,352,045
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,125,314$2,266,385▲ $141,071
Total Liabilities and Net Assets / Fund Balance$4,426,495$5,919,611▲ $1,493,116

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$798,462$3,539,790$4,338,252
Other Land Buildings$1,501,646$1,797,573$3,299,219
Equipment$364,492$2,443,997$2,808,489
Land$648,790-$648,790
Other Assets Org$15,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike ZadalisPga General ManagerFT$102,221$28,721$130,942

Board Members and Trustees

NameTitle
Scott WrightPresident
Dave EmertonVice President
Jim JansenDirector
Kelly SudbeckDirector
Preston SpeeceDirector
Jackson MartisDirector as of 2/24/17
Roger BallmerDirector as of 2/24/17
Jane PolhmanDirector Ending 2/24/17
Jim SmutnyDirector Ending 2/24/17
John FullenkampDirector Ending 2/24/17
Kevin GraslewiczSecretary
Chris HenkeniusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,660,938
Investment Income
$7,297
Other Revenue
$1,023,651
Change in Net Assets
$141,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,960,064
Other Expenses$1,590,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,610,082
Depreciation Depletion---$342,063
Occupancy---$218,725
Payroll Taxes---$152,847
Current Officers, Directors, Trustees, and Key Employees---$130,942
Fees for Services Management---$95,484
Interest---$80,228
Advertising---$77,658
Office Expenses---$74,664
Insurance---$67,617
Other Employee Benefits---$66,193
Information Technology---$24,067
Other Expenses---$15,324
Travel---$11,357
All Other Expenses---$8,746
Fees for Services Legal---$6,333
Fees for Services Accounting---$5,620
Fees for Services Other---$4,440
Conferences and Meetings---$1,408
Total Functional Expenses$0$0$0$3,550,815
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease$96,856
Gift Certificates$65,570
Deposits$28,655
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has an agreement with landscapes golf group to advise and consult on the management and operations. During the term of the agreement, the management company supervises, manages, directs and operates the club, in conjunction with and as the supervisor of the employees of the owner relating to the operations of the club. This includes, overall responsibility for collection and disbursement of all monies, negotiation of leases and contracts, promotion and management of the club, purchase and sale of merchandise, supplies and services, purchase and maintenance of insurance coverage (in the name of, and on behalf of, the owner), handling disputes with third parties, collection and payment of all appropriate taxes, and performance of all other day-to-day activities relative to the club.

Form 990, Part VI, Section A, Line 6

Each member who contributes the required capital amount and who otherwise qualifies for membership will be issued a membership certificate which is freely transferable upon satisfaction of the terms and conditions for transfer contained in the by-laws. No dividends or other distributions will be made to any members of the non-profit corporation.

Form 990, Part VI, Section A, Line 7A

According to article iv of the articles of incorporation: a. In all elections for directors of the board of directors of this corporation, every member of this corporation shall have the right to cumulate his vote and give one candidate a number of votes equal to his vote multiplied by the number of directors to be elected, or by distributing such votes on the same principle among any number of such candidates. B. Every director of the board of directors of this corporation shall be a member of this corporation. C. Every director of the board of directors of this corporation may be removed from office pursuant to such procedures as may be prescribed, from time to time, in the bylaws of this corporation. D. No person shall become a member of the corporation without having made such capital contribution as shall be required from time to time by the board of directors of the corporation. E. Certificates of membership in this corporation shall be freely transferrable upon compliance with the terms and conditions therefore as may be prescribed from time to time in the bylaws of this corporation.

Form 990, Part VI, Section B, Line 11B

Members of the governing body review the tax return prior to filing.

Form 990, Part VI, Section B, Line 15A

The general manager receives an annual review performed by the regional manager and president of the board which includes a review and determination of compensation for the upcoming year. The final determinations are documented and must be approved by both the regional manager and the president of the board.

Form 990, Part VI, Section C, Line 18

The organization makes its form 1023, 990 and 990-t available to the public upon request at the main office.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request at the main office.

Form 990, Part VI, Section B, Line 14

Although the organization has not formally adopted a written document retention and destruction policy, the organization has a functional policy through the management company which manages operations.

Filing and Contact Details

Filer

Filer Name
Oak Hills Inc
EIN
23-7323356
Phone
4028952012
Address
12325 GOLFING GREEN DR, OMAHA, NE 68137-3438

Signing Officer

Name
Scott Wright
Title
President
Phone
4028953636
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Wright
Formed
1970
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
9
Employees
168
Volunteers
0

Preparer

Firm
Frankel Zacharia LLC
Address
11404 WEST DODGE RD SUITE 700, OMAHA, NE 68154-2576
Preparer
Amy Sughroue
Phone
4024969100
Raw XML AppendixShowing 400 of 434 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR AS OF 2/24/17
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR AS OF 2/24/17
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR ENDING 2/24/17
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR ENDING 2/24/17
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IRS990/Form990PartVIISectionAGrp/TitleTxt12PGA GENERAL MANAGER
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE AND MAINTAIN PLACES OF AND FACILITIES FOR RECREATION, DIVERSION, AND ENTERTAINMENT FOR ITS MEMBERS, THEIR FAMILIES AND GUESTS WITH A COUNTRY CLUB AND GOLF COURSE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01185183
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02531925
IRS990/NetAssetsOrFundBalancesBOYAmt02125314
IRS990/NetAssetsOrFundBalancesEOYAmt02266385
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt07297
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07297
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0806917
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01005097
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0198180
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0218725
IRS990/OfficeExpensesGrp/TotalAmt074664
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt052720
IRS990/OtherAssetsTotalGrp/EOYAmt01638129
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066193
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINT
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc2GOLF COURSE SUPPLIES
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/TotalAmt0293872
IRS990/OtherExpensesGrp/TotalAmt1183987
IRS990/OtherExpensesGrp/TotalAmt279158
IRS990/OtherExpensesGrp/TotalAmt315324
IRS990/OtherLiabilitiesGrp/BOYAmt0141544
IRS990/OtherLiabilitiesGrp/EOYAmt0191081
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05054
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018554
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt013500
IRS990/OtherRevenueTotalAmt018554
IRS990/OtherSalariesAndWagesGrp/TotalAmt01610082
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0152847
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt037625
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt037625
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011698
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020657
IRS990/PrincipalOfficerNm0SCOTT WRIGHT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1CLUB GOLF
IRS990/ProgramServiceRevenueGrp/Desc2CART RENT
IRS990/ProgramServiceRevenueGrp/Desc3CLUBHOUSE RENT
IRS990/ProgramServiceRevenueGrp/Desc4RECIPROCAL CLUB INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02218107
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1169467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2152930
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt340616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02218107
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1228451
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2172821
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt340616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4943
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt058984
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt119891
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt2943
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01623023
IRS990/PYOtherRevenueAmt01014230
IRS990/PYProgramServiceRevenueAmt02595653
IRS990/PYRevenuesLessExpensesAmt065066
IRS990/PYSalariesCompEmpBnftPaidAmt01921794
IRS990/PYTotalExpensesAmt03544817
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03609883
IRS990/ReconcilationRevenueExpnssAmt0141071
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0993939
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01135010
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0798462
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03539790
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04338252
IRS990ScheduleD/EquipmentGrp/BookValueAmt0364492
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02443997
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02808489
IRS990ScheduleD/LandGrp/BookValueAmt0648790
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0648790
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01623129
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt115000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION ESCROW
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01501646
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01797573
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03299219
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028655
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt165570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt296856
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GIFT CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CAPITAL LEASE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03313390
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01638129
IRS990ScheduleD/TotalLiabilityAmt0191081
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS AN AGREEMENT WITH LANDSCAPES GOLF GROUP TO ADVISE AND CONSULT ON THE MANAGEMENT AND OPERATIONS. DURING THE TERM OF THE AGREEMENT, THE MANAGEMENT COMPANY SUPERVISES, MANAGES, DIRECTS AND OPERATES THE CLUB, IN CONJUNCTION WITH AND AS THE SUPERVISOR OF THE EMPLOYEES OF THE OWNER RELATING TO THE OPERATIONS OF THE CLUB. THIS INCLUDES, OVERALL RESPONSIBILITY FOR COLLECTION AND DISBURSEMENT OF ALL MONIES, NEGOTIATION OF LEASES AND CONTRACTS, PROMOTION AND MANAGEMENT OF THE CLUB, PURCHASE AND SALE OF MERCHANDISE, SUPPLIES AND SERVICES, PURCHASE AND MAINTENANCE OF INSURANCE COVERAGE (IN THE NAME OF, AND ON BEHALF OF, THE OWNER), HANDLING DISPUTES WITH THIRD PARTIES, COLLECTION AND PAYMENT OF ALL APPROPRIATE TAXES, AND PERFORMANCE OF ALL OTHER DAY-TO-DAY ACTIVITIES RELATIVE TO THE CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER WHO CONTRIBUTES THE REQUIRED CAPITAL AMOUNT AND WHO OTHERWISE QUALIFIES FOR MEMBERSHIP WILL BE ISSUED A MEMBERSHIP CERTIFICATE WHICH IS FREELY TRANSFERABLE UPON SATISFACTION OF THE TERMS AND CONDITIONS FOR TRANSFER CONTAINED IN THE BY-LAWS. NO DIVIDENDS OR OTHER DISTRIBUTIONS WILL BE MADE TO ANY MEMBERS OF THE NON-PROFIT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCORDING TO ARTICLE IV OF THE ARTICLES OF INCORPORATION: A. IN ALL ELECTIONS FOR DIRECTORS OF THE BOARD OF DIRECTORS OF THIS CORPORATION, EVERY MEMBER OF THIS CORPORATION SHALL HAVE THE RIGHT TO CUMULATE HIS VOTE AND GIVE ONE CANDIDATE A NUMBER OF VOTES EQUAL TO HIS VOTE MULTIPLIED BY THE NUMBER OF DIRECTORS TO BE ELECTED, OR BY DISTRIBUTING SUCH VOTES ON THE SAME PRINCIPLE AMONG ANY NUMBER OF SUCH CANDIDATES. B. EVERY DIRECTOR OF THE BOARD OF DIRECTORS OF THIS CORPORATION SHALL BE A MEMBER OF THIS CORPORATION. C. EVERY DIRECTOR OF THE BOARD OF DIRECTORS OF THIS CORPORATION MAY BE REMOVED FROM OFFICE PURSUANT TO SUCH PROCEDURES AS MAY BE PRESCRIBED, FROM TIME TO TIME, IN THE BYLAWS OF THIS CORPORATION. D. NO PERSON SHALL BECOME A MEMBER OF THE CORPORATION WITHOUT HAVING MADE SUCH CAPITAL CONTRIBUTION AS SHALL BE REQUIRED FROM TIME TO TIME BY THE BOARD OF DIRECTORS OF THE CORPORATION. E. CERTIFICATES OF MEMBERSHIP IN THIS CORPORATION SHALL BE FREELY TRANSFERRABLE UPON COMPLIANCE WITH THE TERMS AND CONDITIONS THEREFORE AS MAY BE PRESCRIBED FROM TIME TO TIME IN THE BYLAWS OF THIS CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE GOVERNING BODY REVIEW THE TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GENERAL MANAGER RECEIVES AN ANNUAL REVIEW PERFORMED BY THE REGIONAL MANAGER AND PRESIDENT OF THE BOARD WHICH INCLUDES A REVIEW AND DETERMINATION OF COMPENSATION FOR THE UPCOMING YEAR. THE FINAL DETERMINATIONS ARE DOCUMENTED AND MUST BE APPROVED BY BOTH THE REGIONAL MANAGER AND THE PRESIDENT OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS FORM 1023, 990 AND 990-T AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALTHOUGH THE ORGANIZATION HAS NOT FORMALLY ADOPTED A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY, THE ORGANIZATION HAS A FUNCTIONAL POLICY THROUGH THE MANAGEMENT COMPANY WHICH MANAGES OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 14
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04426495
IRS990/TotalAssetsEOYAmt05919611
IRS990/TotalAssetsGrp/BOYAmt04426495
IRS990/TotalAssetsGrp/EOYAmt05919611
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt0168
IRS990/TotalFunctionalExpensesGrp/TotalAmt03550815
IRS990/TotalGrossUBIAmt0291498
IRS990/TotalLiabilitiesBOYAmt02301181
IRS990/TotalLiabilitiesEOYAmt03653226
IRS990/TotalLiabilitiesGrp/BOYAmt02301181
IRS990/TotalLiabilitiesGrp/EOYAmt03653226
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02125314
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02266385
IRS990/TotalOtherCompensationAmt028721
IRS990/TotalProgramServiceRevenueAmt02660938
IRS990/TotalReportableCompFromOrgAmt0102221
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03400388
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03691886
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0291498
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04426495
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05919611
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt011357
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0319570
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012325 GOLFING GREEN DR
IRS990/USAddress/CityNm0OMAHA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd0681373438
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.02$5.02$4.00$5.84$5.73$0.10
2023Detailed filing. Detailed filing data is available for this year.$7.89$3.99$3.90$5.95$5.55$0.40
2022Detailed filing. Detailed filing data is available for this year.$7.71$4.22$3.49$5.34$5.23$0.10
2021Detailed filing. Detailed filing data is available for this year.$7.36$3.97$3.39$4.88$4.64$0.24
2020Detailed filing. Detailed filing data is available for this year.$6.87$3.71$3.16$4.61$4.14$0.47
2019Detailed filing. Detailed filing data is available for this year.$6.44$3.75$2.69$4.46$4.22$0.24
2018Detailed filing. Detailed filing data is available for this year.$6.28$3.83$2.45$4.06$3.88$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.92$3.65$2.27$3.69$3.55$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.43$2.30$2.13$3.61$3.54$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.22$2.16$2.06$3.47$3.42$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.24$2.24$2.00$3.46$3.29$0.17
2013Detailed filing. Detailed filing data is available for this year.$4.09$2.26$1.83$3.24$3.28$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$2.30$1.87$3.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$2.33$1.94$3.18