TY 2013 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) George Shannon........................................................................ Director	0.00 .......................0.00	X		0	0	0
(2) Robert A Cerrone........................................................................ Director	0.00 .......................0.00	X		0	0	0
(3) John H Dennis........................................................................ Director	0.00 .......................0.00	X		0	0	0
(4) Steven W David........................................................................ Director	0.00 .......................0.00	X		0	0	0
(5) Peter M Conway........................................................................ Director	0.00 .......................0.00	X		0	0	0
(6) David R McGuire........................................................................ Director	0.00 .......................0.00	X		0	0	0
(7) Robert Spellemyer........................................................................ Director	0.00 .......................0.00	X		0	0	0
(8) J David Mahoney........................................................................ Director	0.00 .......................0.00	X		0	0	0
(9) Jon L Schermerhorn........................................................................ Director	0.00 .......................0.00	X		0	0	0
(10) Patrick Fitzgerald Jr........................................................................ Director	0.00 .......................0.00	X		0	0	0
(11) John G Walsh........................................................................ Director	0.00 .......................0.00	X		0	0	0
(12) Frank M Bolognino........................................................................ Director	0.00 .......................0.00	X		0	0	0
(13) John R Mineaux........................................................................ Treasurer	0.00 .......................0.00		X	0	0	0
(14) Kevin Carey........................................................................ President	0.00 .......................0.00		X	0	0	0
(15) Willard A Anderson........................................................................ Vice President	0.00 .......................0.00		X	0	0	0
(16) James P Burr........................................................................ Secretary	0.00 .......................0.00		X	0	0	0

(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) George Shannon........................................................................
Director

0.00
.......................0.00

(2) Robert A Cerrone........................................................................
Director

0.00
.......................0.00

(3) John H Dennis........................................................................
Director

0.00
.......................0.00

(4) Steven W David........................................................................
Director

0.00
.......................0.00

(5) Peter M Conway........................................................................
Director

0.00
.......................0.00

(6) David R McGuire........................................................................
Director

0.00
.......................0.00

(7) Robert Spellemyer........................................................................
Director

0.00
.......................0.00

(8) J David Mahoney........................................................................
Director

0.00
.......................0.00

(9) Jon L Schermerhorn........................................................................
Director

0.00
.......................0.00

(10) Patrick Fitzgerald Jr........................................................................
Director

0.00
.......................0.00

(11) John G Walsh........................................................................
Director

0.00
.......................0.00

(12) Frank M Bolognino........................................................................
Director

0.00
.......................0.00

(13) John R Mineaux........................................................................
Treasurer

0.00
.......................0.00

(14) Kevin Carey........................................................................
President

0.00
.......................0.00

(15) Willard A Anderson........................................................................
Vice President

0.00
.......................0.00

(16) James P Burr........................................................................
Secretary

0.00
.......................0.00

(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

T & L Golf inc230 Loudonville RoadLoudonvilleNY12211

Golf Pro Shop Sales

180,491

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	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to governments and organizations in the United States. See Part IV, line 21	0
2	Grants and other assistance to individuals in the United States. See Part IV, line 22	0
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16	0
4	Benefits paid to or for members	0
5	Compensation of current officers, directors, trustees, and key employees ....	0
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	0
7	Other salaries and wages	1,704,865
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	31,330
9	Other employee benefits .......	175,352
10	Payroll taxes ...........	199,922
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	0
c	Accounting ...........	8,500
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........	0
12	Advertising and promotion ....	5,926
13	Office expenses .......	0
14	Information technology ......	0
15	Royalties ..	0
16	Occupancy ...........	0
17	Travel ............	2,811
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......	0
19	Conferences, conventions, and meetings ....	0
20	Interest ...........	114,389
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization .....	396,811
23	Insurance ..............	94,278
24	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.)
a	PROPERTY TAXES	214,579
b	UTILITIES	213,870
c	SUPPLIES	198,665
d	EQ. RENTAL & MAINTENANCE	119,572
e	All other expenses	393,877
25	Total functional expenses. Add lines 1 through 24e	3,874,747	0	0	0
26	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 if following SOP 98-2 (ASC 958-720).

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

1,704,865

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

31,330

Other employee benefits .......

175,352

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

199,922

Fees for services (non-employees):

Management ......

Legal .........

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

8,500

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 ....

5,926

Office expenses .......

Information technology ......

Royalties ..

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

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

2,811

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

Conferences, conventions, and meetings ....

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

114,389

Payments to affiliates .......

Depreciation, depletion, and amortization .....

396,811

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

94,278

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.)

PROPERTY TAXES

214,579

UTILITIES

213,870

SUPPLIES

198,665

EQ. RENTAL & MAINTENANCE

119,572

All other expenses

393,877

Total functional expenses. Add lines 1 through 24e

3,874,747

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 .............	774,944	1	374,494
2	Savings and temporary cash investments .........		2	0
3	Pledges and grants receivable, net ...........		3	0
4	Accounts receivable, net .............	449,682	4	510,744
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	0
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	0
7	Notes and loans receivable, net .............		7	0
8	Inventories for sale or use ..............	154,741	8	152,548
9	Prepaid expenses and deferred charges ..........	106,747	9	103,541
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	13,158,475
b	Less: accumulated depreciation .....	10b	9,286,336	4,014,400	10c	3,872,139
11	Investments—publicly traded securities ..........		11	0
12	Investments—other securities. See Part IV, line 11 .....		12	0
13	Investments—program-related. See Part IV, line 11 .....		13	0
14	Intangible assets ...............		14	0
15	Other assets. See Part IV, line 11 ...........	9,761	15	6,219
16	Total assets. Add lines 1 through 15 (must equal line 34)......	5,510,275	16	5,019,685
	17	Accounts payable and accrued expenses .........	271,273	17	307,530
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 ..	2,410,466	23	2,036,582
24	Unsecured notes and loans payable to unrelated third parties ....		24
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....................	421,958	25	295,423
26	Total liabilities. Add lines 17 through 25.........	3,103,697	26	2,639,535
		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 ........		30
31	Paid-in or capital surplus, or land, building or equipment fund .....		31
32	Retained earnings, endowment, accumulated income, or other funds	2,406,578	32	2,380,150
33	Total net assets or fund balances ...........	2,406,578	33	2,380,150
34	Total liabilities and net assets/fund balances ........	5,510,275	34	5,019,685

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 .............

774,944

374,494

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

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

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

449,682

510,744

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 ..............

154,741

152,548

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

106,747

103,541

10a

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

10a

13,158,475

Less: accumulated depreciation .....

10b

9,286,336

4,014,400

10c

3,872,139

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 ...........

9,761

6,219

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

5,510,275

5,019,685

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

271,273

307,530

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 ..

2,410,466

2,036,582

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

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....................

421,958

295,423

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

3,103,697

2,639,535

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

2,406,578

2,380,150

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

2,406,578

2,380,150

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

5,510,275

5,019,685

	(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

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

WOLFERTS ROOST INC

Employer identification number

14-1187970

Return Reference	Explanation
Form 990, Part III, Line 4d: Other Program Services Description	OTHER PROGRAM SERVICES 4: House & Unallocated Expenses
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders	To incur additional debt and to make amendments to the Club's Constitution.
Form 990, Part VI, Line 11b: Form 990 Review Process	The Board of Directors is made aware that a full copy of the tax return is available for review prior to filing of the tax return. They are asked to direct any comments to the Club's President within 5 days, otherwise the tax return is mailed to the IRS.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	The Compensation Committee annually determines the salaries for the General Manager & all top managers of the Club based on comparable data for our market.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	No documents available to the public.
Form 990, Part IX, Line 24e: Other Expenses	BAD DEBT: Column (A) - Total = $2400; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	CHEMICALS: Column (A) - Total = $105186; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	CHINA, GLASS & SILVERWARE: Column (A) - Total = $4328; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	COMMISSIONS: Column (A) - Total = $582; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	CONSULTING & CONTRACT LABOR: Column (A) - Total = $69311; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	DUES: Column (A) - Total = $13466; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	EMPLOYEE RELATIONS: Column (A) - Total = $1046; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	LAUNDRY & UNIFORMS: Column (A) - Total = $53034; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	LICENSE AND PERMITS: Column (A) - Total = $4748; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	MEMBER RELATIONS: Column (A) - Total = $39277; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	MISCELLANEOUS: Column (A) - Total = $31686; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	MUSIC, ENTERT & DECORATIONS: Column (A) - Total = $7576; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Postage and Shipping: Column (A) - Total = $4559; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	Printing and Publications: Column (A) - Total = $7915; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	PROFESSIONAL FEES: Column (A) - Total = $16000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	TELEPHONE & INTERNET: Column (A) - Total = $15588; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	VALET PARKING: Column (A) - Total = $2851; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
Form 990, Part IX, Line 24e: Other Expenses	WASTE REMOVAL SERVICE: Column (A) - Total = $14324; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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:	13000170
Software Version:	2013v4.0

1	Briefly describe the organization’s mission or most significant activities: Country Club - Recreation & Social
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	16
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	16
5	Total number of individuals employed in calendar year 2013 (Part V, line 2a) ......	5	198
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	417,622
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-128,232

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	2,819,101	2,660,735
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	4,226	2,873
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,218,448	1,184,711
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	4,041,775	3,848,319
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,266,231	2,111,469
16a	Professional fundraising fees (Part IX, column (A), line 11e).....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,764,767	1,763,278
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	4,030,998	3,874,747
19	Revenue less expenses. Subtract line 18 from line 12.......	10,777	-26,428
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	5,510,275	5,019,685
21	Total liabilities (Part X, line 26).............	3,103,697	2,639,535
22	Net assets or fund balances. Subtract line 21 from line 20.....	2,406,578	2,380,150

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 1,549,472 including grants of $ ) (Revenue $ )
	House & Unallocated Expenses

4b	(Code: ) (Expenses $ 1,246,205 including grants of $ ) (Revenue $ 1,865,251 )
	Dining Rooms and Bar

4c	(Code: ) (Expenses $ 993,914 including grants of $ ) (Revenue $ 438,962 )
	Golf Course Maintenance & Golf Cart Fees

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 85,156 including grants of $ ) (Revenue $ )
4e	Total program service expenses3,874,747

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

				(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
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.......			0
			Business Code
2a	Golf Cart Rental Fees			232,050	232,050
b	Golf Guest Fees			142,128			142,128
c	Locker & Bag Storage fees			68,748	68,748
d	Membership Dues & Assess			2,215,824	2,215,824
e	Pool Guest Fees			1,545			1,545
f	All other program service revenue .			440			440
g	Total. Add lines 2a–2f........			2,660,735
3	Investment income (including dividends, interest, and other similar amounts).......			2,873		2,873
4	Income from investment of tax-exempt bond proceeds..			0
5	Royalties...........			0
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......			0
		(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)..........			0
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..			0
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...			0
10a	Gross sales of inventory, less returns and allowances .
	a		1,857,641
b	Less: cost of goods sold ..b		694,500
c	Net income or (loss) from sales of inventory..			1,163,141	748,392	414,749
Miscellaneous Revenue			Business Code
11a	Finance/Late Charges			12,045	12,045
b	Handicapp Fees			8,406	8,406
c	Miscellaneous			1,119	1,119
d	All other revenue ....
e	Total. Add lines 11a–11d ......			21,570
12	Total revenue. See Instructions......			3,848,319	3,286,584	417,622	144,113

		(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 ......

Description of property		(a) Cost or other basis (investment)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................	13,158,475	9,286,336	3,872,139
c	Leasehold improvements ............
d	Equipment ................
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				3,872,139

(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.)

1.(a) Description of liability		(b) Book value
Federal income taxes
Initiation Fee Deposit		676
Party Reservation Deposit		27,600
Unearned Member dues		267,147






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		295,423
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 ..................................................