Civic Intelligence

Macgregor Downs Country Club Ltd

990 • Fiscal year 2014 • EIN 56-1348980

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

430 Saint Andrews LaneCary, NC 27511

(919) 467-0146

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

100th percentile

156%

Higher net margin than 100% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

91st percentile

$122,733

Higher top officer pay than 91% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2014

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Annualized from 2013 to 2014

Assets

Down

$4,054

Down $7,682,280 (-100%) from 2013

Net Assets

Down

$4,054

Down $4,581,903 (-100%) from 2013

Liabilities

Down

$0

Down $3,100,377 (-100%) from 2013

Revenue

Down

-$2,934,702

Down $7,766,391 (-161%) from 2013

Expenses

Down

$1,636,236

Down $2,971,522 (-64%) from 2013

Net Income

Down

-$4,570,938

Down $4,794,869 (-2141%) from 2013

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 2010: $7,094,346Liabilities 2010: $3,176,899Net Assets 2010: $3,917,4472010Assets 2011: $6,857,101Liabilities 2011: $3,123,354Net Assets 2011: $3,733,7472011Assets 2012: $7,911,913Liabilities 2012: $3,468,373Net Assets 2012: $4,443,5402012Assets 2013: $7,686,334Liabilities 2013: $3,100,377Net Assets 2013: $4,585,9572013Assets 2014: $4,054Liabilities 2014: $0Net Assets 2014: $4,0542014Assets 2015: $2,270Liabilities 2015: $0Net Assets 2015: $2,2702015Assets 2016: $2,270Liabilities 2016: $0Net Assets 2016: $2,2702016

Highlighted filing

2014

Assets$4,054
Liabilities$0
Net Assets$4,054

Operations Trend

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

$5.0M$0-$5.0MExpenses 2010: $4,410,4562010Revenue 2011: $4,649,997Expenses 2011: $4,651,847Net Income 2011: -$1,8502011Expenses 2012: $4,504,6232012Revenue 2013: $4,831,689Expenses 2013: $4,607,758Net Income 2013: $223,9312013Revenue 2014: -$2,934,702Expenses 2014: $1,636,236Net Income 2014: -$4,570,9382014Revenue 2015: $39Expenses 2015: $1,823Net Income 2015: -$1,7842015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2014

Revenue-$2,934,702
Expenses$1,636,236
Net Income-$4,570,938
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$3,831,170
Mission and Program Overview

Mission

To provide social and recreational activities

To provide social and recreational activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,315,732--
Cap Stk Tr Prin Current Funds$1,176,721$0▼ $1,176,721
Accounts Receivable$461,610--
Inventories for Sale or Use$118,628--
Prepaid Expenses and Deferred Charges$23,926--
Other Notes and Loans Receivable, Net$16,760--
Pledges and Grants Receivable$8,625--
Cash and Non-Interest-Bearing Accounts$741,053$4,054▼ $736,999
Rtn Earn Endowment Incm Other Fnds$3,409,236$4,054▼ $3,405,182
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$7,686,334$4,054▼ $7,682,280
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,712,637--
Other Liabilities$761,331$0▼ $761,331
Accounts Payable and Accrued Expenses$315,300--
Deferred Revenue$311,109--
Total Liabilities$3,100,377$0▼ $3,100,377
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,585,957$4,054▼ $4,581,903
Total Liabilities and Net Assets / Fund Balance$7,686,334$4,054▼ $7,682,280
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Russell CurtisGeneral ManagerFT$117,816$4,917$122,733
Denise BeardControllerFT$58,339$4,038$62,377

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,200,667
Investment Income
$-4,451,645
Other Revenue
$316,276
Change in Net Assets
$-4,570,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$884,417
Salaries, Compensation, and Employee Benefits$751,819
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$439,067
Current Officers, Directors, Trustees, and Key Employees---$185,110
Depreciation Depletion---$181,094
Fees for Services Legal---$126,621
Occupancy---$113,751
Payroll Taxes---$77,377
Office Expenses---$51,364
Other Employee Benefits---$43,203
Travel---$40,403
Advertising---$33,998
Information Technology---$32,752
Interest---$20,149
Insurance---$19,142
Conferences and Meetings---$18,586
Fees for Services Accounting---$16,500
Fees for Services Management---$15,344
All Other Expenses---$9,522
Other Expenses---$9,137
Pension Plan Contributions---$7,062
Fees for Services Other---$2,842
Total Functional Expenses$0$0$0$1,636,236
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
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
Yes
Conflict-of-interest policy
No
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

The organization consists of members. Membership is open to any person who is sponsored by one regular member and two members of any category. Applicants are voted on by the membership committee.

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

The governing board is elected annuall by a secret ballot of all certificate-holding members.

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

Members vote on the annual budget, capital expenditures in excess of $50,000, and on other matters as requested by the board or a majority of the membership.

Form 990, Part VI, Section B, Line 11

The finance committee and treasurer review form 990 prior to filing.

Form 990, Part VI, Section B, Line 15

The board of governors reviews the general manager's compensation annually and decides on any adjustments to be made.

Form 990, Part VI, Section C, Line 19

The organization's documents are available upon request at the clubhouse.

Filing and Contact Details

Filer

Filer Name
Macgregor Downs Country Club Ltd
EIN
56-1348980
Phone
9194670146
Address
430 SAINT ANDREWS LANE, CARY, NC 27511

Signing Officer

Name
Gary Bowers
Title
President
Phone
9194670146
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Parascandola
Formed
1982
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
96
Volunteers
0

Preparer

Firm
Johnson Lambert Llp
Address
700 SPRING FOREST RD STE 115, RALEIGH, NC 27609
Preparer
John Huskins
Phone
9197196400
Raw XML AppendixShowing 400 of 464 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0315300
IRS990/AccountsReceivableGrp/BOYAmt0461610
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SOCIAL AND RECREATIONAL ACTIVITIES.
IRS990/AdvertisingGrp/TotalAmt033998
IRS990/AllOtherExpensesGrp/TotalAmt09522
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMY ALLEN
IRS990/BooksInCareOfDetail/PhoneNum09194670146
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0430 SAINT ANDREWS LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CARY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027511
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01176721
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0741053
IRS990/CashNonInterestBearingGrp/EOYAmt04054
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0185110
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt018586
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt0205101
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-4451645
IRS990/CYOtherExpensesAmt0884417
IRS990/CYOtherRevenueAmt0316276
IRS990/CYProgramServiceRevenueAmt01200667
IRS990/CYRevenuesLessExpensesAmt0-4570938
IRS990/CYSalariesCompEmpBnftPaidAmt0751819
IRS990/CYTotalExpensesAmt01636236
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-2934702
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0311109
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0181094
IRS990/Desc0OPERATION OF A COUNTRY CLUB PROVIDING A VARIETY OF SOCIAL AND RECREATIONAL ACTIVITIES TO ITS MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt096
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt016500
IRS990/FeesForServicesLegalGrp/TotalAmt0126621
IRS990/FeesForServicesManagementGrp/TotalAmt015344
IRS990/FeesForServicesOtherGrp/TotalAmt02842
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt134917
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt144038
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRIS CHEEK
IRS990/Form990PartVIISectionAGrp/PersonNm2WENDY LUIHN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVE BENEVIDES
IRS990/Form990PartVIISectionAGrp/PersonNm4PETE BOWSER
IRS990/Form990PartVIISectionAGrp/PersonNm5JIM BOYLE
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK CULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE DOAN
IRS990/Form990PartVIISectionAGrp/PersonNm8JOE ELPHICK
IRS990/Form990PartVIISectionAGrp/PersonNm9GREG FORSYTH
IRS990/Form990PartVIISectionAGrp/PersonNm10JP KENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVEN PARASCANDOLA
IRS990/Form990PartVIISectionAGrp/PersonNm12RON VAROL
IRS990/Form990PartVIISectionAGrp/PersonNm13J RUSSELL CURTIS
IRS990/Form990PartVIISectionAGrp/PersonNm14DENISE BEARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13117816
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1458339
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-4457417
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02103354
IRS990/GrossReceiptsAmt03831170
IRS990/GrossReceiptsForPublicUseAmt08446
IRS990/GrossSalesOfInventoryAmt0510253
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt032752
IRS990/InitiationFeesAndCapContriAmt0132117
IRS990/InsuranceGrp/TotalAmt019142
IRS990/InterestGrp/TotalAmt020149
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0118628
IRS990/InvestmentIncomeGrp/ExclusionAmt05357
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05772
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0415
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06315732
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt06560771
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt03958
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt03958
IRS990/MissionDesc0TO PROVIDE SOCIAL AND RECREATIONAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01712637
IRS990/NetAssetsOrFundBalancesBOYAmt04585957
IRS990/NetAssetsOrFundBalancesEOYAmt04054
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-4457417
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4457417
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0305152
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0305152
IRS990/NetUnrelatedBusTxblIncmAmt0-1085
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0113751
IRS990/OfficeExpensesGrp/TotalAmt051364
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043203
IRS990/OtherExpensesGrp/Desc0GOLF COURSE EQUIPMENT &
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2LAUNDRY
IRS990/OtherExpensesGrp/Desc3KITCHEN
IRS990/OtherExpensesGrp/TotalAmt0110220
IRS990/OtherExpensesGrp/TotalAmt167076
IRS990/OtherExpensesGrp/TotalAmt215916
IRS990/OtherExpensesGrp/TotalAmt39137
IRS990/OtherLiabilitiesGrp/BOYAmt0761331
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REBATES EARNED
IRS990/OtherRevenueMiscGrp/ExclusionAmt07166
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07166
IRS990/OtherRevenueTotalAmt011124
IRS990/OtherSalariesAndWagesGrp/TotalAmt0439067
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt016760
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt077377
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt07062
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08625
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023926
IRS990/PrincipalOfficerNm0STEVEN PARASCANDOLA
IRS990/PriorPeriodAdjustmentsAmt0-10965
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL FEES
IRS990/ProgramServiceRevenueGrp/Desc2CART RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3GREENS FEES
IRS990/ProgramServiceRevenueGrp/Desc4UNSPENT MINIMUM CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0997374
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1114355
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt233257
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt320652
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt414854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0997374
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1114355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234757
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt326852
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414854
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01500
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt16200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018705
IRS990/PYOtherExpensesAmt02261503
IRS990/PYOtherRevenueAmt01252048
IRS990/PYProgramServiceRevenueAmt03560936
IRS990/PYRevenuesLessExpensesAmt0223931
IRS990/PYSalariesCompEmpBnftPaidAmt02346255
IRS990/PYTotalExpensesAmt04607758
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04831689
IRS990/ReconcilationRevenueExpnssAmt0-4570938
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03409236
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04054
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0GOLF COURSE PROPERTY, FIXED ASSETS, ACCOUTERMENTS.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1INVENTORIES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2ACCOUNTS AND NOTES RECEIVABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3PREPAID EXPENSES
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0CONCERT MACGREGOR DOWNS LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1CONCERT MACGREGOR DOWNS LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2CONCERT MACGREGOR DOWNS LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt3CONCERT MACGREGOR DOWNS LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02014-04-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12014-04-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22014-04-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32014-04-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0465431374
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1465431374
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2465431374
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN3465431374
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt06217364
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1163426
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt2153866
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt326115
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0430 ST ANDREWS LN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1430 ST ANDREWS LN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2430 ST ANDREWS LN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3430 ST ANDREWS LN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0CARY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1CARY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2CARY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3CARY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd027511
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd127511
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd227511
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd327511
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: J. RUSSELL CURTIS CONTINUED HIS POSITION AS GENERAL MANAGER WITH THE SUCCESSOR ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONSISTS OF MEMBERS. MEMBERSHIP IS OPEN TO ANY PERSON WHO IS SPONSORED BY ONE REGULAR MEMBER AND TWO MEMBERS OF ANY CATEGORY. APPLICANTS ARE VOTED ON BY THE MEMBERSHIP COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BOARD IS ELECTED ANNUALL BY A SECRET BALLOT OF ALL CERTIFICATE-HOLDING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE ON THE ANNUAL BUDGET, CAPITAL EXPENDITURES IN EXCESS OF $50,000, AND ON OTHER MATTERS AS REQUESTED BY THE BOARD OR A MAJORITY OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCE COMMITTEE AND TREASURER REVIEW FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF GOVERNORS REVIEWS THE GENERAL MANAGER'S COMPENSATION ANNUALLY AND DECIDES ON ANY ADJUSTMENTS TO BE MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE CLUBHOUSE.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt07686334
IRS990/TotalAssetsEOYAmt04054
IRS990/TotalAssetsGrp/BOYAmt07686334
IRS990/TotalAssetsGrp/EOYAmt04054

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings