Civic Intelligence

Litchfield Golf Club Inc

EIN 41-0379745 • 501(c)4 • Litchfield, MN

Profile

Enhance golf in litchfield mn

PO Box 164Litchfield, MN 55355

www.litchfieldgolfclub.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

99th percentile

120%

Higher net margin than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$6,850

Higher top officer pay than 93% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-63%

Faster asset growth than 14% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$240,093

Down $405,388 (-63%) from 2023

Liabilities

Down

$25,965

Down $760 (-2.8%) from 2023

Net Assets

Down

$214,128

Down $404,628 (-65%) from 2023

Revenue

Down

-$328,750

Down $390,144 (-635%) from 2023

Expenses

Up

$65,878

Up $1,525 (+2.4%) from 2023

Net Income

Down

-$394,628

Down $391,669 (-13237%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $795,249Liabilities 2010: $22,956Net Assets 2010: $772,2932010Assets 2011: $765,289Liabilities 2011: $21,460Net Assets 2011: $743,8292011Assets 2012: $759,830Liabilities 2012: $12,304Net Assets 2012: $747,5262012Assets 2013: $742,779Liabilities 2013: $992Net Assets 2013: $741,7872013Assets 2014: $743,374Liabilities 2014: $3,090Net Assets 2014: $740,2842014Assets 2015: $712,030Liabilities 2015: $6,220Net Assets 2015: $705,8102015Assets 2016: $689,857Liabilities 2016: $785Net Assets 2016: $689,0722016Assets 2017: $686,277Liabilities 2017: $456Net Assets 2017: $685,8212017Assets 2018: $656,262Liabilities 2018: $485Net Assets 2018: $655,7772018Assets 2019: $628,677Liabilities 2019: $1,953Net Assets 2019: $626,7242019Assets 2020: $638,696Liabilities 2020: $18Net Assets 2020: $638,6782020Assets 2021: $643,704Liabilities 2021: $25,816Net Assets 2021: $617,8882021Assets 2022: $648,079Liabilities 2022: $26,364Net Assets 2022: $621,7152022Assets 2023: $645,481Liabilities 2023: $26,725Net Assets 2023: $618,7562023Assets 2024: $240,093Liabilities 2024: $25,965Net Assets 2024: $214,1282024

Highlighted filing

2024

Assets$240,093
Liabilities$25,965
Net Assets$214,128

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KExpenses 2010: $371,6432010Expenses 2011: $316,6712011Expenses 2012: $307,3772012Revenue 2013: $24,310Expenses 2013: $30,049Net Income 2013: -$5,7392013Revenue 2014: $15,501Expenses 2014: $17,004Net Income 2014: -$1,5032014Revenue 2015: -$2,368Expenses 2015: $32,106Net Income 2015: -$34,4742015Revenue 2016: $15,728Expenses 2016: $32,466Net Income 2016: -$16,7382016Revenue 2017: $37,533Expenses 2017: $40,784Net Income 2017: -$3,2512017Revenue 2018: $28,233Expenses 2018: $58,277Net Income 2018: -$30,0442018Revenue 2019: $76,519Expenses 2019: $105,572Net Income 2019: -$29,0532019Revenue 2020: $101,422Expenses 2020: $89,425Net Income 2020: $11,9972020Revenue 2021: $92,156Expenses 2021: $70,190Net Income 2021: $21,9662021Revenue 2022: $66,099Expenses 2022: $62,272Net Income 2022: $3,8272022Revenue 2023: $61,394Expenses 2023: $64,353Net Income 2023: -$2,9592023Revenue 2024: -$328,750Expenses 2024: $65,878Net Income 2024: -$394,6282024

Highlighted filing

2024

Revenue-$328,750
Expenses$65,878
Net Income-$394,628

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.26$2.14$3.29$0.66$3.95
2023Detailed filing. Detailed filing data is available for this year.$6.45$0.27$6.19$0.61$0.64$0.03
2022Detailed filing. Detailed filing data is available for this year.$6.48$0.26$6.22$0.66$0.62$0.04
2021Detailed filing. Detailed filing data is available for this year.$6.44$0.26$6.18$0.92$0.70$0.22
2020Detailed filing. Detailed filing data is available for this year.$6.39$0.00$6.39$1.01$0.89$0.12
2019Detailed filing. Detailed filing data is available for this year.$6.29$0.02$6.27$0.77$1.06$0.29
2018Detailed filing. Detailed filing data is available for this year.$6.56$0.00$6.56$0.28$0.58$0.30
2017Detailed filing. Detailed filing data is available for this year.$6.86$0.00$6.86$0.38$0.41$0.03
2016Detailed filing. Detailed filing data is available for this year.$6.90$0.01$6.89$0.16$0.32$0.17
2015Detailed filing. Detailed filing data is available for this year.$7.12$0.06$7.06$0.02$0.32$0.34
2014Detailed filing. Detailed filing data is available for this year.$7.43$0.03$7.40$0.16$0.17$0.02
2013Detailed filing. Detailed filing data is available for this year.$7.43$0.01$7.42$0.24$0.30$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.60$0.12$7.48$3.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$0.21$7.44$3.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.95$0.23$7.72$3.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$242,720
Mission and Program Overview

Mission

Enhance golf in Litchfield MN

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$618,756$214,128▼ $404,628
Savings and Temporary Cash Investments$140,305$110,068▼ $30,237
Cash and Non-Interest-Bearing Accounts$99,062$74,616▼ $24,446
Land, Buildings, and Equipment, Net$379,473$29,944▼ $349,529
Accounts Receivable$26,641$25,465▼ $1,176
Total Assets$645,481$240,093▼ $405,388
Liabilities
Accounts Payable and Accrued Expenses$26,725$25,965▼ $760
Total Liabilities$26,725$25,965▼ $760
Net Assets / Fund Balance
Total Net Assets Fund Balance$618,756$214,128▼ $404,628
Total Liabilities and Net Assets / Fund Balance$645,481$240,093▼ $405,388

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,944$63,317$93,261
Compensation and Service Providers

Employees

NameTitleBaseTotal
Ken LudvigsonDir./gaming$6,850$6,850
Hal WenaasDirector$1,200$1,200

Board Members and Trustees

NameTitle
Nathan NelsonPresident
Carl MintonDirector
Daniel MilenderDirector
Dave GoihlDirector
Jeff MillerDirector
Jennifer KuslerDirector
Joe SchoolmeestersDirector
Scott NelsonDirector
Tana GoihlDirector
Tim KlimstraDirector
Jamie BrekkeSecretary
Pete KormanikTreasurer
Allen LiestmanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,931
Investment Income
$-325,124
Other Revenue
$-6,557
Change in Net Assets
$-394,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,878
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$30,011--$30,011
Occupancy$9,046--$9,046
Fees for Services Legal-$3,673-$3,673
Conferences and Meetings$2,420--$2,420
Fees for Services Accounting-$1,456-$1,456
Insurance$886--$886
Office Expenses$328$465-$793
Other Expenses$160--$160
All Other Expenses$134--$134
Total Functional Expenses$60,284$5,594$0$65,878
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$243,952
Gaming Gross Income$227,395
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 4

Litchfield golf club inc. Changed its name to litchfield golf & community partners. See attached articles of incorporation filed with the state of minnesota.

Form 990, Page 6, Part VI, Line 6

Corporation shall have members. The eligibility, rights and obligations of the members shall be determined by corporation's bylaws.

Form 990, Page 6, Part VI, Line 7A

The board of directors are elected at the annual meeting of the members.

Form 990, Page 6, Part VI, Line 7B

The management of the affairs of corporation shall be vested in a board of directors as defined in corporation's bylaws. No director shall have any right, title or interest in or to any property of corporation.

Form 990, Page 6, Part VI, Line 11B

The officer responsible for signing the form 990 reviews the return prior to the return being sent.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy - if the board or committee has reasonable cause to believe an interested person has failed to disclose actual or possible conflicts of interest it shall inform the interested person of the basis for such belief and afford him or her an opportunity to explain the alleged failure to disclose. If after hearing the interested person's response and after making further investigation as warranted by the circumstants, the board or committee determines the interested bperson has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 15B

A director who receives compensation, directly or indirectly from corporation for services is precluded from voting on matters pertaining to that director's compensation. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly from corporation for services is precluded from voting on matters pertaining to that member's compensation.

Form 990, Page 6, Part VI, Line 19

The organization's financial statements are avaialble at the annual meeting and upon request. All members are notified of the annual meeting time and location and are encouraged to attend.

Filing and Contact Details

Filer

Filer Name
Litchfield Golf & Community
EIN
41-0379745
Phone
3206936059
Address
PO BOX 164, LITCHFIELD, MN 55355

Signing Officer

Name
Nathan Nelson
Title
President
Phone
3206936059
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Nelson
Formed
2024
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
15

Preparer

Firm
Conway Deuth & Schmiesing Pllp
Address
331 3RD ST SW STE 2, WILLMAR, MN 56201-4440
Preparer
Mitchel a Hjelle CPA
Phone
3202353311
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Plan social functions for the members, plan league and tournament functions.

Form 990, Part XI, Line 9

Prior period adjustment - it was discovered in the current year that the prior year gross income of litchfield golf & community partners was overstated in the amount of 10,000. The 10,000 was a deposit recorded as income that was for the redemption of a certificate of deposit. The beginning net assets has been adjusted to reflect this change.

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IRS990/LandBldgEquipCostOrOtherBssAmt093261
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IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0327518
IRS990/LoanOutstandingInd0false
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ENHANCE GOLF IN LITCHFIELD MN
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NameChangeInd0X
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-327518
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0-16557
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt0-16557
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt010000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt010000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt09046
IRS990/OccupancyGrp/TotalAmt09046
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0465
IRS990/OfficeExpensesGrp/ProgramServicesAmt0328
IRS990/OfficeExpensesGrp/TotalAmt0793
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0YOUTH GOLF
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2FEDERAL TAXES
IRS990/OtherExpensesGrp/Desc3OUTSIDE SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt012971
IRS990/OtherExpensesGrp/ProgramServicesAmt14007
IRS990/OtherExpensesGrp/ProgramServicesAmt2321
IRS990/OtherExpensesGrp/ProgramServicesAmt3160
IRS990/OtherExpensesGrp/TotalAmt012971
IRS990/OtherExpensesGrp/TotalAmt14007
IRS990/OtherExpensesGrp/TotalAmt2321
IRS990/OtherExpensesGrp/TotalAmt3160
IRS990/PartialLiquidationInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NATHAN NELSON
IRS990/PriorPeriodAdjustmentsAmt0-10000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RACQUETBALL
IRS990/ProgramServiceRevenueGrp/Desc1TOURNAMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01891
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01891
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11040
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PLAN SOCIAL FUNCTIONS FOR THE MEMBERS, PLAN LEAGUE AND TOURNAMENT FUNCTIONS.
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0118
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IRS990/PYTotalExpensesAmt064353
IRS990/PYTotalRevenueAmt061394
IRS990/ReconcilationRevenueExpnssAmt0-394628
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02931
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0214128
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt029944
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063317
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt093261
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029944
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/DistributedAmt011650
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0191622
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0191622
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0243952
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0227395
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0227395
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0-16557
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt046631
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt046631
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt05699
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt05699
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerCompensationAmt06850
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0KEN LUDVIGSON
IRS990ScheduleG/GamingManagerServicesProvTxt0MONITOR GAMES, INVENTORY, PREPARE REPORT
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0KEN LUDVIGSON
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0405 W PLEASURE DR
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0LITCHFIELD
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd055355
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0MINNESOTA 11,650
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PAGE 3, PART III, LINE 17B
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0LHI, FURNITURE & EQUIP
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0CITY OF LITCHFIELD
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02024-12-31
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0416005320
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0327518
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0GOV
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0NBV
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0126 MARSHALL AVE N
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0LITCHFIELD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd055355
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IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PLAN SOCIAL FUNCTIONS FOR THE MEMBERS, PLAN LEAGUE AND TOURNAMENT FUNCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LITCHFIELD GOLF CLUB INC. CHANGED ITS NAME TO LITCHFIELD GOLF & COMMUNITY PARTNERS. SEE ATTACHED ARTICLES OF INCORPORATION FILED WITH THE STATE OF MINNESOTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CORPORATION SHALL HAVE MEMBERS. THE ELIGIBILITY, RIGHTS AND OBLIGATIONS OF THE MEMBERS SHALL BE DETERMINED BY CORPORATION'S BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ARE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MANAGEMENT OF THE AFFAIRS OF CORPORATION SHALL BE VESTED IN A BOARD OF DIRECTORS AS DEFINED IN CORPORATION'S BYLAWS. NO DIRECTOR SHALL HAVE ANY RIGHT, TITLE OR INTEREST IN OR TO ANY PROPERTY OF CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OFFICER RESPONSIBLE FOR SIGNING THE FORM 990 REVIEWS THE RETURN PRIOR TO THE RETURN BEING SENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONFLICT OF INTEREST POLICY - IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD HIM OR HER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANTS, THE BOARD OR COMMITTEE DETERMINES THE INTERESTED BPERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A DIRECTOR WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT DIRECTOR'S COMPENSATION. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM CORPORATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAIALBLE AT THE ANNUAL MEETING AND UPON REQUEST. ALL MEMBERS ARE NOTIFIED OF THE ANNUAL MEETING TIME AND LOCATION AND ARE ENCOURAGED TO ATTEND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PRIOR PERIOD ADJUSTMENT - IT WAS DISCOVERED IN THE CURRENT YEAR THAT THE PRIOR YEAR GROSS INCOME OF LITCHFIELD GOLF & COMMUNITY PARTNERS WAS OVERSTATED IN THE AMOUNT OF 10,000. THE 10,000 WAS A DEPOSIT RECORDED AS INCOME THAT WAS FOR THE REDEMPTION OF A CERTIFICATE OF DEPOSIT. THE BEGINNING NET ASSETS HAS BEEN ADJUSTED TO REFLECT THIS CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
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IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05594
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060284
IRS990/TotalFunctionalExpensesGrp/TotalAmt065878
IRS990/TotalGrossUBIAmt0-16557
IRS990/TotalLiabilitiesBOYAmt026725
IRS990/TotalLiabilitiesEOYAmt025965
IRS990/TotalLiabilitiesGrp/BOYAmt026725
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0618756
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0214128
IRS990/TotalProgramServiceExpensesAmt060284
IRS990/TotalProgramServiceRevenueAmt02931

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