Civic Intelligence

The Village Club

990 • Fiscal year 2016 • EIN 38-1869183

May 01, 2015 to Apr 30, 2016 • Filed on Feb 27, 2017

190 E Long Lake RoadBloomfield Hills, MI 48303-0186

(248) 644-3454

Siviq Scores

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

Liabilities / Assets

69th percentile

0.46x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.75x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

80th percentile

19%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$109,627

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Asset Growth

86th percentile

11%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

7.3%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,506,354

Up $462,217 (+11%) from 2015

Net Assets

Up

$2,434,813

Up $464,228 (+24%) from 2015

Liabilities

Down

$2,071,541

Down $2,011 (-0.1%) from 2015

Revenue

Up

$2,779,529

Up $188,509 (+7.3%) from 2015

Expenses

Down

$2,242,650

Down $240,131 (-9.7%) from 2015

Net Income

Up

$536,879

Up $428,640 (+396%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $4,544,779Liabilities 2012: $1,149,012Net Assets 2012: $3,395,7672012Assets 2013: $3,766,966Liabilities 2013: $2,019,358Net Assets 2013: $1,747,6082013Assets 2014: $3,929,924Liabilities 2014: $2,060,018Net Assets 2014: $1,869,9062014Assets 2015: $4,044,137Liabilities 2015: $2,073,552Net Assets 2015: $1,970,5852015Assets 2016: $4,506,354Liabilities 2016: $2,071,541Net Assets 2016: $2,434,8132016Assets 2017: $4,761,466Liabilities 2017: $2,024,736Net Assets 2017: $2,736,7302017Assets 2018: $4,877,523Liabilities 2018: $2,042,557Net Assets 2018: $2,834,9662018Assets 2019: $4,930,333Liabilities 2019: $1,621,729Net Assets 2019: $3,308,6042019Assets 2020: $5,447,775Liabilities 2020: $1,683,481Net Assets 2020: $3,764,2942020Assets 2021: $6,893,336Liabilities 2021: $2,390,287Net Assets 2021: $4,503,0492021Assets 2022: $6,560,883Liabilities 2022: $2,196,885Net Assets 2022: $4,363,9982022Assets 2023: $6,213,539Liabilities 2023: $2,081,291Net Assets 2023: $4,132,2482023Assets 2024: $6,573,420Liabilities 2024: $2,167,119Net Assets 2024: $4,406,3012024Assets 2025: $6,473,667Liabilities 2025: $1,961,334Net Assets 2025: $4,512,3332025

Highlighted filing

2016

Assets$4,506,354
Liabilities$2,071,541
Net Assets$2,434,813

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $2,453,932Expenses 2012: $2,751,595Net Income 2012: -$297,6632012Revenue 2013: $2,463,154Expenses 2013: $3,545,077Net Income 2013: -$1,081,9232013Revenue 2014: $2,702,829Expenses 2014: $2,515,984Net Income 2014: $186,8452014Revenue 2015: $2,591,020Expenses 2015: $2,482,781Net Income 2015: $108,2392015Revenue 2016: $2,779,529Expenses 2016: $2,242,650Net Income 2016: $536,8792016Revenue 2017: $2,640,974Expenses 2017: $2,343,611Net Income 2017: $297,3632017Revenue 2018: $2,514,112Expenses 2018: $2,373,287Net Income 2018: $140,8252018Revenue 2019: $2,441,891Expenses 2019: $2,357,002Net Income 2019: $84,8892019Revenue 2020: $2,898,510Expenses 2020: $2,311,200Net Income 2020: $587,3102020Revenue 2021: $1,828,245Expenses 2021: $1,330,257Net Income 2021: $497,9882021Revenue 2022: $1,685,834Expenses 2022: $1,766,522Net Income 2022: -$80,6882022Revenue 2023: $1,612,678Expenses 2023: $1,814,294Net Income 2023: -$201,6162023Revenue 2024: $1,962,294Expenses 2024: $1,722,631Net Income 2024: $239,6632024Revenue 2025: $1,817,286Expenses 2025: $1,730,904Net Income 2025: $86,3822025

Highlighted filing

2016

Revenue$2,779,529
Expenses$2,242,650
Net Income$536,879
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Feb 27, 2017
Return Version
2015v3.0
Gross Receipts
$3,151,040
Mission and Program Overview

Mission

To operate exclusively for the pleasure of the members and their families while offering fine dining, cultural, educational, social and philanthropic opportunities.

To provide services for the enjoyment and benefit of the club members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,517,407$2,409,185▼ $108,222
Cash and Non-Interest-Bearing Accounts$697,752$1,246,630▲ $548,878
Savings and Temporary Cash Investments$404,357$404,398▲ $41
Accounts Receivable$328,134$347,798▲ $19,664
Inventories for Sale or Use$67,285$75,958▲ $8,673
Prepaid Expenses and Deferred Charges$29,202$22,385▼ $6,817
Total Assets$4,044,137$4,506,354▲ $462,217
Liabilities
Other Liabilities$1,635,733$1,680,355▲ $44,622
Deferred Revenue$300,569$285,972▼ $14,597
Accounts Payable and Accrued Expenses$137,250$105,214▼ $32,036
Total Liabilities$2,073,552$2,071,541▼ $2,011
Net Assets / Fund Balance
Unrestricted Net Assets$1,970,585$2,434,813▲ $464,228
Total Net Assets Fund Balance$1,970,585$2,434,813▲ $464,228
Total Liabilities and Net Assets / Fund Balance$4,044,137$4,506,354▲ $462,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,064,881$1,125,864$3,190,745
Other Land Buildings$146,884$718,791$865,675
Equipment$61,420$465,278$526,698
Land$136,000-$136,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy AnglinGeneral ManagerFT$104,072$5,555$109,627

Board Members and Trustees

NameTitle
Jackie OngPresident
Anne MillerVice President
Connie SalloumVice President
Mary Ann RosenbergerVice President
Becky MclennanDirector
Christine BackusDirector
Claudia KulnisDirector
Frannie GreenebaumDirector
Jane DallasDirector
Jane PetersDirector
Joan HeinzDirector
Liz DumouchelleDirector
Phyllis MazureDirector
Shannon SchaferDirector
Johanna HarperSecretary
Jill WilkinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,102
Program Service Revenue
$1,760,251
Investment Income
$40
Other Revenue
$901,136
All Other Contributions
$118,102
Change in Net Assets
$536,879

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,779,529
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$371,511
Total Revenue per Audited Statements
$3,151,040
Total Revenue per Form 990
$2,779,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,431,658
Other Expenses$810,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,106,164
Payroll Taxes---$167,166
Other Employee Benefits---$151,543
Depreciation Depletion---$134,583
Occupancy---$134,022
All Other Expenses---$63,189
Office Expenses---$62,149
Interest---$42,813
Fees for Services Accounting---$39,061
Insurance---$36,305
Other Expenses---$24,665
Fees for Services Legal---$20,018
Fees for Services Other---$10,826
Pension Plan Contributions---$6,785
Total Functional Expenses$0$0$0$2,242,650

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,686,811
Expenses per Audited Statements$2,242,650
Total Expenses per Form 990$2,242,650
Expenses Not Reported on Form 990$444,161
Expenses Not Reported on Financial Statements$0
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
Stock Repayments$985,054
Related Party Loan$695,301
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

All active members own one share of stock in the village club.

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

All officers, board of directors, and committee chairmen are voted on and elected by the members.

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

Any provision contained in the village club's bylaws may be amended by a two-thirds vote of all members.

Form 990, Part VI, Section B, Line 11

The village club's audit committee and executive committee have been given the responsibility and authority by the board to review the results of the organization's annual audited financial statements and the completed form 990 and form 990-t.

Form 990, Part VI, Section B, Line 12C

Each of the various committee chairmen has the responsibility to review the policy and procedures relavent to the committee to ensure the club's policies and procedures were adhered to.

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

The club's managers salary is reviewed using comparability data and then approved by the executive committee.

Form 990, Part VI, Section C, Line 19

Information is made available upon request.

Filing and Contact Details

Filer

Filer Name
The Village Club
EIN
38-1869183
Phone
2486443454
Address
190 E LONG LAKE ROAD, BLOOMFIELD HILLS, MI 48303-0186

Signing Officer

Name
Wendy Beck
Title
Treasurer
Phone
2486443454
Signed
2017-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Beck
Formed
1956
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
0
Employees
75
Volunteers
250

Preparer

Firm
Uhy Advisors Mi Inc
Address
27725 STANSBURY SUITE 210, FARMINGTON HILLS, MI 48334
Preparer
Steven Katzman
Phone
2483550280
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Capital stock redemptions and proceeds -72,651.

FORM 990, PART XII, LINE 2C:

There was no change from those responsible for oversight and selection of an independent accountant from the prior year.

Financial Statement Notes

PART X, LINE 2:

The club has adopted the asc guidance regarding accounting for uncertainty in income taxes. This guidance clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon it ultimate settlement. At april 30, 2015 and 2014, there were no uncertain tax positions that require accrual.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 371,511.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 371,511. Stock transactions 72,650.

Raw XML AppendixShowing 400 of 510 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/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03151040
IRS990/GrossReceiptsForPublicUseAmt0321983
IRS990/GrossSalesOfInventoryAmt01139405
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InitiationFeesAndCapContriAmt0124482
IRS990/InsuranceGrp/TotalAmt036305
IRS990/InterestGrp/TotalAmt042813
IRS990/InventoriesForSaleOrUseGrp/BOYAmt067285
IRS990/InventoriesForSaleOrUseGrp/EOYAmt075958
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt040
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02309933
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02517407
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02409185
IRS990/LandBldgEquipCostOrOtherBssAmt04719118
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE EXCLUSIVELY FOR THE PLEASURE OF THE MEMBERS AND THEIR FAMILIES WHILE OFFERING FINE DINING, CULTURAL, EDUCATIONAL, SOCIAL AND PHILANTHROPIC OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01970585
IRS990/NetAssetsOrFundBalancesEOYAmt02434813
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0560436
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0767894
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0207458
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0134022
IRS990/OfficeExpensesGrp/TotalAmt062149
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-72651
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0151543
IRS990/OtherExpensesGrp/Desc0COMMITTEE EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2KITCHEN & DINING ROOM
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt094791
IRS990/OtherExpensesGrp/TotalAmt175779
IRS990/OtherExpensesGrp/TotalAmt272791
IRS990/OtherExpensesGrp/TotalAmt324665
IRS990/OtherLiabilitiesGrp/BOYAmt01635733
IRS990/OtherLiabilitiesGrp/EOYAmt01680355
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/BusinessCd1713910
IRS990/OtherRevenueMiscGrp/BusinessCd2621300
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1BANQUET FEES
IRS990/OtherRevenueMiscGrp/Desc2MINIMUM SPENDING REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt055922
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt139656
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt237664
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt055922
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt139656
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt237664
IRS990/OtherRevenueTotalAmt0133242
IRS990/OtherSalariesAndWagesGrp/TotalAmt01106164
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0167166
IRS990/PensionPlanContributionsGrp/TotalAmt06785
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029202
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022385
IRS990/PrincipalOfficerNm0WENDY BECK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MAINTENANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc2SOCIAL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3CLASSES
IRS990/ProgramServiceRevenueGrp/Desc4INITIATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01585405
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt192820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt235745
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt335400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01585405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt192820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt235745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt335400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46380
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt013582
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0901476
IRS990/PYOtherRevenueAmt0764898
IRS990/PYProgramServiceRevenueAmt01812540
IRS990/PYRevenuesLessExpensesAmt0108239
IRS990/PYSalariesCompEmpBnftPaidAmt01581305
IRS990/PYTotalExpensesAmt02482781
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02591020
IRS990/ReconcilationRevenueExpnssAmt0536879
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0404357
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0404398
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02064881
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01125864
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03190745
IRS990ScheduleD/EquipmentGrp/BookValueAmt061420
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0465278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0526698
IRS990ScheduleD/ExpensesNotReportedAmt0444161
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02242650
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0136000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0136000
IRS990ScheduleD/OtherExpensesIncludedAmt0444161
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0146884
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0718791
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0865675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0985054
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1695301
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STOCK REPAYMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY LOAN
IRS990ScheduleD/OtherRevenueAmt0371511
IRS990ScheduleD/RevenueNotReportedAmt0371511
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02779529
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS ADOPTED THE ASC GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO-STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED UPON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON IT ULTIMATE SETTLEMENT. AT APRIL 30, 2015 AND 2014, THERE WERE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ACCRUAL.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 371,511.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 371,511. STOCK TRANSACTIONS 72,650.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02409185
IRS990ScheduleD/TotalExpensesPerForm990Amt02242650
IRS990ScheduleD/TotalLiabilityAmt01680355
IRS990ScheduleD/TotalRevenuePerForm990Amt02779529
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03151040
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02686811
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL ACTIVE MEMBERS OWN ONE SHARE OF STOCK IN THE VILLAGE CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OFFICERS, BOARD OF DIRECTORS, AND COMMITTEE CHAIRMEN ARE VOTED ON AND ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY PROVISION CONTAINED IN THE VILLAGE CLUB'S BYLAWS MAY BE AMENDED BY A TWO-THIRDS VOTE OF ALL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VILLAGE CLUB'S AUDIT COMMITTEE AND EXECUTIVE COMMITTEE HAVE BEEN GIVEN THE RESPONSIBILITY AND AUTHORITY BY THE BOARD TO REVIEW THE RESULTS OF THE ORGANIZATION'S ANNUAL AUDITED FINANCIAL STATEMENTS AND THE COMPLETED FORM 990 AND FORM 990-T.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH OF THE VARIOUS COMMITTEE CHAIRMEN HAS THE RESPONSIBILITY TO REVIEW THE POLICY AND PROCEDURES RELAVENT TO THE COMMITTEE TO ENSURE THE CLUB'S POLICIES AND PROCEDURES WERE ADHERED TO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CLUB'S MANAGERS SALARY IS REVIEWED USING COMPARABILITY DATA AND THEN APPROVED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INFORMATION IS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CAPITAL STOCK REDEMPTIONS AND PROCEEDS -72,651.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THERE WAS NO CHANGE FROM THOSE RESPONSIBLE FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.47$1.96$4.51$1.82$1.73$0.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.57$2.17$4.41$1.96$1.72$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.21$2.08$4.13$1.61$1.81$0.20
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.56$2.20$4.36$1.69$1.77$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.89$2.39$4.50$1.83$1.33$0.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.45$1.68$3.76$2.90$2.31$0.59
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.93$1.62$3.31$2.44$2.36$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.88$2.04$2.83$2.51$2.37$0.14
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$2.02$2.74$2.64$2.34$0.30
2016Detailed filing. Detailed filing data is available for this year.$4.51$2.07$2.43$2.78$2.24$0.54
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.04$2.07$1.97$2.59$2.48$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.93$2.06$1.87$2.70$2.52$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$2.02$1.75$2.46$3.55$1.08
2012Summary only. Only limited summary data is available for this year.$4.54$1.15$3.40$2.45$2.75$0.30