TY 2015 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) Marte Rhodes......................................................................
Director

2.00
.................
0.00

(2) Thomas Howell......................................................................
President

2.00
.................
0.00

(3) Nobel Francoeur......................................................................
Vice President

2.00
.................
0.00

(4) Patricia Vana......................................................................
Secretary/Treas

10.00
.................
0.00

1,000

(5) MICHAEL MURPHY......................................................................
Director

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

(6) Tim Gustafson Byrne......................................................................
Director

2.00
.................
0.00

(7) Joyce Shee......................................................................
Director

2.00
.................
0.00

(8) Kevin Kincaid......................................................................
Director

2.00
.................
0.00

(9) Chuck Gallagher......................................................................
Director

2.00
.................
0.00

(10) Josh Mason......................................................................
Director

2.00
.................
0.00

(11) LARRY FORTIN......................................................................
Director

2.00
.................
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

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


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


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		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' on 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 (losses) 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' on 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 990-EZ 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

2015

Open to Public
Inspection

Name of the organization

NEWPORT COUNTRY CLUB INC

Employer identification number

03-0144952

Return Reference	Explanation
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	Membership in the Club shall be for one year from April 1 to March 31 of the following year. Membership is open to individuals and corporations. Individual memberships are classified as follows: ADULT, HUSBAND AND WIFE, COLLEGE, and JUNIOR. The Board of Directors shall further define any classification in the rules booklet as it sees fit. Business or corporate memberships may also be established by the Board. The Board may also designate other types of membership, such as Complimentary, Honorary, Lifetime, etc. Each adult member shall own a share of Newport Country Club stock. Each individual adult stockholder shall have one vote at any stockholder meeting. In order to vote, a stockholder must also have paid full annual playing dues as an adult member of the Club or be an honorary/complimentary member for the year in which the stock is sought to be voted. Routine business shall be transacted by a majority vote of those present at duly warned stockholder meetings, including any and all valid proxies.
Form 990, Part VI, Line 11b: Form 990 Review Process	FORM 990 AND ASSOCIATED FORMS ARE REVIEWED BY THE TREASURER AND CARRIED TO THE GOVERNING BODY FOR DISCUSSION.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	By Laws are reviewed annually. No Director or Committee Member shall discuss or vote on matters involving a conflict of interest. When a Director or Committee Member has cause to believe he/she or another member may have a conflict, he/she shall declare the perceived conflict. The Board/Committee, excluding the member involved, shall then decide by majority vote whether it deems an actual conflict exists. When a conflict is found to exist, the Director/Committee Member involved shall physically remove him/herself from the meeting and shall not discuss or vote on such matter. No one who is employed or under a lease agreement of the Corporation shall be eligible to be a Director.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Organizational by laws, membership rules and rules of course play are available on the club website.
Other Changes In Net Assets Or Fund Balances - Other Increases	Stock = $775

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:	15000324
Software Version:	2015v2.0

1	Briefly describe the organization’s mission or most significant activities: Operation of a golf course and country club, promoting the sport of recreational golf to members, children and the general public.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	11
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	0
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	12
6	Total number of volunteers (estimate if necessary) .............	6	30
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	-6,015
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	8,447

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	275,677	278,289
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	105	9,986
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	114,784	138,807
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	390,566	427,082
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)	220,534	235,553
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)....	270,732	218,861
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	491,266	454,414
19	Revenue less expenses. Subtract line 18 from line 12.......	-100,700	-27,332
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	681,326	625,905
21	Total liabilities (Part X, line 26).............	297,755	268,891
22	Net assets or fund balances. Subtract line 21 from line 20.....	383,571	357,014

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 454,414 including grants of $ ) (Revenue $ 427,082 )
	Ongoing operation of a golf course and country club.

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 expenses454,414

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	1,000

(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

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 above		1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......		0

		Business Code
2a	Green fees	76,070	76,070
b	Locker fees	2,600	2,600
c	Membership Dues & Assessments	199,619	199,619
d
e
f	All other program service revenue.
g Total.Add lines 2a–2f.....		278,289

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			82	82
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
		(ii) Personal	(i) Real
6a	Gross rents	74,671	19,000
b	Less: rental expenses	26,663	25,015
c	Rental income or (loss)	48,008	-6,015
d	Net rental income or (loss)......			41,993	48,008	-6,015
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	9,404	500
b	Less: cost or other basis and sales expenses
c	Gain or (loss)	9,404	500
d	Net gain or (loss).....			9,904	9,904
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
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..			0
Business Code			Miscellaneous Revenue
11a	Cell tower income			42,623	42,623
b	Driving range income			10,117	10,117
c	Member cart parking			27,330	27,330
d	All other revenue ....			16,744	16,744
e	Total. Add lines 11a–11d ......			96,814
12	Total revenue. See Instructions......			427,082	433,097	-6,015

1	Grants and other assistance to domestic organizations and domestic governments. 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 ....	1,000		1,000
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	206,324	206,324
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	0
9	Other employee benefits .......	0
10	Payroll taxes ...........	28,229	28,229
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	123	123
c	Accounting ...........	9,315	9,315
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 ....	4,333	4,333
13	Office expenses .......	484	484
14	Information technology ......	0
15	Royalties ..	0
16	Occupancy ...........	16,818	16,818
17	Travel ............	0
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	0
20	Interest ...........	3,715	3,715
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	48,212	48,212
23	Insurance ...	14,388	14,388
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	Fertilizer, seed, top dressing	30,052	30,052
b	Real estate taxes	24,658	24,658
c	Repairs	18,039	18,039
d	Fuel expense	11,047	11,047
e	All other expenses	37,677	37,677
25	Total functional expenses. Add lines 1 through 24e	454,414	453,414	1,000	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).

1	Cash–non-interest-bearing ........			30,994	1	12,565
2	Savings and temporary cash investments .........			50,534	2	50,614
3	Pledges and grants receivable, net ......				3	0
4	Accounts receivable, net .............			12,115	4	8,234
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 ........				8	0
9	Prepaid expenses and deferred charges ......				9	0
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,917,463
b	Less: accumulated depreciation	10b	1,362,971	587,683	10c	554,492
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 ...........				15	0
16	Total assets. Add lines 1 through 15 (must equal line 34)...			681,326	16	625,905

17	Accounts payable and accrued expenses .....	8,495	17	4,394
18	Grants payable ...		18
19	Deferred revenue .........	49,631	19	20,798
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 ..	239,629	23	243,699
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		25
26	Total liabilities. Add lines 17 through 25..	297,755	26	268,891

	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 .....	55,475	30	56,250
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds	328,096	32	300,764
33	Total net assets or fund balances ...........	383,571	33	357,014
34	Total liabilities and net assets/fund balances ........	681,326	34	625,905

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

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 ......

1a	Land ...	56,489		56,489
b	Buildings	526,114	296,244	229,870
c	Leasehold improvements	244,116	158,060	86,056
d	Equipment ...	953,597	774,267	179,330
e	Other ...	137,147	134,400	2,747
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				554,492

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(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
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
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