TY 2013 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) CRAIG HAND........................................................................
TRUSTEE

.50
.......................

(2) JAMES HINMAN........................................................................
TRUSTEE

.50
.......................

(3) DON DREIER........................................................................
TRUSTEE

.50
.......................

(4) THOMAS KOVANDA........................................................................
TRUSTEE

.50
.......................

(5) KENDALL TERJAK........................................................................
TREASURER

.50
.......................

(6) ALVIN P ALMS........................................................................
SECRETARY

.50
.......................

(7) JOHN MCDERMOTT........................................................................
PRESIDENT

.50
.......................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.

(A)
Total expenses

(B)
Program service expenses

(D)
Fundraising expenses

Grants and other assistance to governments and organizations in the United States. See Part IV, line 21

Grants and other assistance to individuals in the United States. See Part IV, line 22

Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16

Benefits paid to or for members

Compensation of current officers, directors, trustees, and key employees ....

Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....

Other salaries and wages

404,134

Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....

4,346

Other employee benefits .......

Payroll taxes ...........

46,770

Fees for services (non-employees):

Management ......

Legal .........

Accounting ...........

8,837

Lobbying ...........

Professional fundraising services. See Part IV, line 17

Investment management fees ......

Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........

Advertising and promotion ....

14,973

Office expenses .......

Information technology ......

Royalties ..

Occupancy ...........

67,439

Travel ............

Payments of travel or entertainment expenses for any federal, state, or local public officials ......

Conferences, conventions, and meetings ....

Interest ...........

Payments to affiliates .......

Depreciation, depletion, and amortization .....

74,062

Insurance ..............

29,312

Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)

SALES TAX

76,134

SUPPLIES

31,623

MEMBERSHIP EXPENSE

26,003

REPAIRS

25,958

All other expenses

102,839

Total functional expenses. Add lines 1 through 24e

912,430

Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet

if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	177,916	1	265,886
2	Savings and temporary cash investments .........	-98,892	2	-151,546
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	6,543	4	2,976
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............	35,227	8	54,321
9	Prepaid expenses and deferred charges ..........	29,650	9	28,519
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,923,405
b	Less: accumulated depreciation .....	10b	1,292,263	685,356	10c	631,142
11	Investments—publicly traded securities ..........		11
12	Investments—other securities. See Part IV, line 11 .....		12
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........	303,931	15	377,993
16	Total assets. Add lines 1 through 15 (must equal line 34)......	1,139,731	16	1,209,291
	17	Accounts payable and accrued expenses .........	36,110	17	34,570
18	Grants payable .................		18
19	Deferred revenue ................		19
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....	2,300	24	2,150
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	3,913	25	5,676
26	Total liabilities. Add lines 17 through 25.........	42,323	26	42,396
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........	0	30	0
31	Paid-in or capital surplus, or land, building or equipment fund .....	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	1,097,408	32	1,166,895
33	Total net assets or fund balances ...........	1,097,408	33	1,166,895
34	Total liabilities and net assets/fund balances ........	1,139,731	34	1,209,291

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............

(A)
Beginning of year

(B)
End of year

Cash–non-interest-bearing .............

177,916

265,886

Savings and temporary cash investments .........

-98,892

-151,546

Pledges and grants receivable, net ...........

Accounts receivable, net .............

6,543

2,976

Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................

Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L

Notes and loans receivable, net .............

Inventories for sale or use ..............

35,227

54,321

Prepaid expenses and deferred charges ..........

29,650

28,519

10a

Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D

10a

1,923,405

Less: accumulated depreciation .....

10b

1,292,263

685,356

10c

631,142

Investments—publicly traded securities ..........

Investments—other securities. See Part IV, line 11 .....

Investments—program-related. See Part IV, line 11 .....

Intangible assets ...............

Other assets. See Part IV, line 11 ...........

303,931

377,993

Total assets. Add lines 1 through 15 (must equal line 34)......

1,139,731

1,209,291

Accounts payable and accrued expenses .........

36,110

34,570

Grants payable .................

Deferred revenue ................

Tax-exempt bond liabilities .............

Escrow or custodial account liability. Complete Part IV of Schedule D..

Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified

persons. Complete Part II of Schedule L..........

Secured mortgages and notes payable to unrelated third parties ..

Unsecured notes and loans payable to unrelated third parties ....

2,300

2,150

Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................

3,913

5,676

Total liabilities. Add lines 17 through 25.........

42,323

42,396

Organizations that follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 27 through 29, and lines 33 and 34.

Unrestricted net assets ..............

Temporarily restricted net assets ...........

Permanently restricted net assets ...........

Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 30 through 34.

Capital stock or trust principal, or current funds ........

Paid-in or capital surplus, or land, building or equipment fund .....

Retained earnings, endowment, accumulated income, or other funds

1,097,408

1,166,895

Total net assets or fund balances ...........

1,097,408

1,166,895

Total liabilities and net assets/fund balances ........

1,139,731

1,209,291

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate contributions to (during year) ...
3	Aggregate grants from (during year) .....
4	Aggregate value at end of year ........


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

		Amount
c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Description of property	(a) Cost or other basis (investment)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................	1,129,880	650,310	479,570
c	Leasehold improvements ............
d	Equipment ................	793,525	641,953	151,572
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......	631,142

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains on investments ..........	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1.....................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d......................	2e
3	Subtract line 2e from line 1.....................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public
Inspection

Name of the organization

GRAND ISLAND SADDLE CLUB

Employer identification number

47-0349578

Return Reference	Explanation
Form 990, Part VI, Section A, line 6	THE ORGANIZATION HAS MEMBERS
Form 990, Part VI, Section A, line 7a	THE CHARTER MEMBERS OF THE ORGANIZATION VOTE ON THE GOVERNING BODY
Form 990, Part VI, Section A, line 8b	N/A
Form 990, Part VI, Section B, line 11	THE PRESIDENT, SECRETARY AND TREASURER OF THE ORGANIZATI0N WERE ALL GIVEN COPIES OF THE FORM 990 BEFORE IT WAS FILED. THEY WERE GIVEN THE OPPORTUNITY TO MAKE COMMENTS ON THE FORM, SCHEDULES, ETC. THEY APPROVED THE FORM AND SCHEDULES. THE REMAINING BOARD MEMBERS WERE THEN TOLD A COPY COULD BE INSPECTED IN THE OFFICE OF THE ORGANIZATION.
Form 990, Part VI, Section C, line 19	THESE DOCUMENTS ARE AVAILABLE IN THE OFFICE OF THE ORGANIZATION
Form 990, Part IX, line 24e	CREDIT CARD FEES: Program service expenses 0. Management and general expenses 21,379. Fundraising expenses 0. Total expenses 21,379. TAX & LICENSE: Program service expenses 0. Management and general expenses 19,320. Fundraising expenses 0. Total expenses 19,320. LAUNDRY: Program service expenses 0. Management and general expenses 18,457. Fundraising expenses 0. Total expenses 18,457. BAND: Program service expenses 0. Management and general expenses 14,025. Fundraising expenses 0. Total expenses 14,025. SCHOLARSHIP FUND: Program service expenses 0. Management and general expenses 5,000. Fundraising expenses 0. Total expenses 5,000. PRINTING: Program service expenses 0. Management and general expenses 4,500. Fundraising expenses 0. Total expenses 4,500. AUTO: Program service expenses 0. Management and general expenses 4,306. Fundraising expenses 0. Total expenses 4,306. POSTAGE: Program service expenses 0. Management and general expenses 4,116. Fundraising expenses 0. Total expenses 4,116. TELEPHONE: Program service expenses 0. Management and general expenses 3,626. Fundraising expenses 0. Total expenses 3,626. CONTRIBUTIONS: Program service expenses 0. Management and general expenses 2,500. Fundraising expenses 0. Total expenses 2,500. ENTERTAINMENT: Program service expenses 0. Management and general expenses 2,216. Fundraising expenses 0. Total expenses 2,216. FREIGHT: Program service expenses 0. Management and general expenses 2,037. Fundraising expenses 0. Total expenses 2,037. UNIFORMS: Program service expenses 0. Management and general expenses 1,018. Fundraising expenses 0. Total expenses 1,018. MEETINGS: Program service expenses 0. Management and general expenses 627. Fundraising expenses 0. Total expenses 627. INTERNET: Program service expenses 0. Management and general expenses 215. Fundraising expenses 0. Total expenses 215. MISCELLANEOUS: Program service expenses 0. Management and general expenses 135. Fundraising expenses 0. Total expenses 135. CASH LONG/SHORT: Program service expenses 0. Management and general expenses -638. Fundraising expenses 0. Total expenses -638.
Form 990, Part XI, line 9:	ROUNDING 1.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2013

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: GRAND ISLAND SADDLE CLUB IS A SOCIAL CLUB FOR MEMBERS & THEIR GUESTS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	7
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	7
5	Total number of individuals employed in calendar year 2013 (Part V, line 2a) ......	5	57
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	134,035
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	273,880	251,990
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	7,459	21,408
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	650,654	708,518
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	931,993	981,916
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	432,534	455,250
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	450,115	457,180
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	882,649	912,430
19	Revenue less expenses. Subtract line 18 from line 12.......	49,344	69,486
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,139,731	1,209,291
21	Total liabilities (Part X, line 26).............	42,323	42,396
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,097,408	1,166,895

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 912,430 including grants of $ ) (Revenue $ 981,916 )
	GRAND ISLAND SADDLE CLUB IS A SOCIAL CLUB FOR MEMBERS & THEIR GUESTS

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses912,430

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b		251,990
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......			251,990
			Business Code
2a
b
c
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........
3	Investment income (including dividends, interest, and other similar amounts).......			21,408		21,408
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss)..........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a		1,176,560
b	Less: cost of goods sold ..b		468,661
c	Net income or (loss) from sales of inventory..			707,899	595,272	112,627
Miscellaneous Revenue			Business Code
11a	MISCELLANEOUS		900099	619	619
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			619
12	Total revenue. See Instructions......			981,916	595,891	134,035	0

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

(a) Description of security or category (including name of security)		(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

(a) Description				(b) Book value
(1) CAPITAL IMPROVEMENT FUND				377,993








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				377,993

1.(a) Description of liability		(b) Book value
Federal income taxes
CUSTOMER PARTY DEPOSITS		4,350
PAYROLL TAXES PAYABLE		1,326







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		5,676
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................