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) DARREN HINSENKAMP......................................................................
DIRECTOR

1.00
.................

(2) JEFF SCHWARTZ......................................................................
DIRECTOR

1.00
.................

(3) GREG WILLIAMS......................................................................
SECRETARY/TREASURER

1.00
.................

(4) DAN JONKHOFF......................................................................
VICE-PRESIDENT

1.00
.................

(5) LESLIE TRETER......................................................................
PRESIDENT

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

(6) JOHN ODINGA......................................................................
DIRECTOR

1.00
.................

(7) ED PRICE......................................................................
DIRECTOR

1.00
.................

(8) BARB GILLEN......................................................................
DIRECTOR

1.00
.................

(9) PHIL ELLIS......................................................................
DIRECTOR

1.00
.................

(10) KURTIS PITCHER......................................................................
GENERAL MANAGER

40.00
.................

105,192

(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

Return Reference	Explanation
PART X, LINE 2:	THE CLUB IS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO INCOME TAX ONLY ON THE BUSINESS INCOME OF THE CLUB NOT RELATED TO ITS MEMBERS' SOCIAL AND ATHLETIC ACTIVITIES. SUCH TAXES ARE GENERALLY INSIGNIFICANT. THE CLUB FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE MARCH 31, 2013.

- 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

TRAVERSE CITY GOLF AND COUNTRY CLUB

Employer identification number

38-1108525

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11	A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS BY THE TREASURER AND PROVIDED TO EACH MEMBER FOR THEIR REVIEW PRIOR TO SIGNING.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION FOR TOP MANAGEMENT IS REVIEWED BY THE GENERAL MANAGER AND THE COMPENSATION COMMITTEE USING COMPARABILITY DATA. THE COMPENSATION COMMITTEE IS COMPRISED OF THE CURRENT BOARD PRESIDENT, THE PRIOR BOARD PRESIDENT AND A CURRENT BOARD MEMBER.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO ITS MEMBERS UPON REQUEST.
FORM 990, PART IX, LINE 24E	REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 96,093. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,093. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 81,358. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,358. TOURNAMENTS: PROGRAM SERVICE EXPENSES 62,548. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,548. OTHER: PROGRAM SERVICE EXPENSES 56,619. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,619. EQUIPMENT: PROGRAM SERVICE EXPENSES 54,845. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 54,845. LINENS: PROGRAM SERVICE EXPENSES 45,365. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,365. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 35,538. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,538. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 33,973. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,973. CENTENNIAL EVENT: PROGRAM SERVICE EXPENSES 23,781. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,781. SOCIAL: PROGRAM SERVICE EXPENSES 21,122. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,122. POSTAGE: PROGRAM SERVICE EXPENSES 9,303. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,303. TELEPHONE: PROGRAM SERVICE EXPENSES 8,507. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,507. BIRTHDAY PROMOTION: PROGRAM SERVICE EXPENSES 7,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,075. SERVICE FEES FOR EMPLOYEE PROGRAM: PROGRAM SERVICE EXPENSES 6,634. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,634. BANK CHARGES: PROGRAM SERVICE EXPENSES 5,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,500. PRINTING AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 4,256. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,256. BOARD OF DIRECTORS EXPENSES: PROGRAM SERVICE EXPENSES 4,015. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,015. SECURITY: PROGRAM SERVICE EXPENSES 3,315. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,315. LANDSCAPING: PROGRAM SERVICE EXPENSES 3,241. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,241. LOCKER ROOM: PROGRAM SERVICE EXPENSES 2,001. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,001. FITNESS: PROGRAM SERVICE EXPENSES 1,692. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,692. LICENSES: PROGRAM SERVICE EXPENSES 863. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 863.
FORM 990, PART XI, LINE 9:	CHANGE IN UNRESTRICTED PAID-IN CAPITAL -19,026. CHANGE IN OTHER UNRESTRICTED NET ASSETS 158,730. CHANGE IN CAPITAL IMPROVEMENTS NET ASSETS 68,138. TRANSFER TO CAPITAL FUND -232,596.

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:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: A COUNTRY CLUB WHICH PROVIDES ITS MEMBERS WITH DINING, RECREATIONAL AND SOCIAL ACTIVITIES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	9
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	90
6	Total number of volunteers (estimate if necessary) .............	6	60
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	289,910
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-35,772

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	1,457,805	1,646,628
9	Program service revenue (Part VIII, line 2g) .........	1,779,925	1,855,194
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,666	4,953
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	3,241,396	3,506,775
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)	1,430,486	1,554,033
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)....	1,925,751	2,035,831
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	3,356,237	3,589,864
19	Revenue less expenses. Subtract line 18 from line 12.......	-114,841	-83,089
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	3,286,766	3,219,676
21	Total liabilities (Part X, line 26).............	1,541,858	1,582,611
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,744,908	1,637,065

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 3,589,864 including grants of $ ) (Revenue $ 1,855,194 )
	THE ORGANIZATION PROVIDES QUALITY DINING AND SOCIAL EVENTS TO 177 SOCIAL MEMBERS AND FIRST-RATE RECREATIONAL GOLF ACTIVITIES FOR 220 GOLF MEMBERS.

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 expenses3,589,864

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	105,192	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

1a	Federated campaigns..		1a
b	Membership dues..		1b	1,646,628
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.......		1,646,628

		Business Code
2a	DINING ROOM SALES	713910	1,175,277	958,309	216,968
b	PRO SHOP SALES	713910	596,908	530,675	66,233
c	TOURNAMENT FEES	713910	59,567	59,567
d	SOCIAL EVENT FEES	713910	11,095	9,339	1,756
e	FITNESS	713910	7,918	7,918
f	All other program service revenue.			4,429	4,429
g Total.Add lines 2a–2f.....			1,855,194

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			4,953		4,953
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
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
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			3,506,775	1,570,237	289,910	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	105,192	105,192
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	1,097,913	1,097,913
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	350,928	350,928
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	10,160	10,160
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	113,613	113,613
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........	33,661	33,661
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	264,338	264,338
23	Insurance ...	25,689	25,689
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	COST OF GOODS SOLD	680,217	680,217
b	GOLF COURSE EXPENSES	127,788	127,788
c	SUPPLIES	111,032	111,032
d	UTILITIES	101,689	101,689
e	All other expenses	567,644	567,644
25	Total functional expenses. Add lines 1 through 24e	3,589,864	3,589,864	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).

1	Cash–non-interest-bearing ........			145,305	1	15,491
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			208,040	4	332,265
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 ........			112,700	8	123,267
9	Prepaid expenses and deferred charges ......			48,688	9	37,489
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	7,192,309
b	Less: accumulated depreciation	10b	4,564,489	2,733,428	10c	2,627,820
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 ...........			38,605	15	83,344
16	Total assets. Add lines 1 through 15 (must equal line 34)...			3,286,766	16	3,219,676

17	Accounts payable and accrued expenses .....	92,899	17	130,235
18	Grants payable ...		18
19	Deferred revenue .........	182,607	19	146,518
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 ..	909,536	23	945,520
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	356,816	25	360,338
26	Total liabilities. Add lines 17 through 25..	1,541,858	26	1,582,611

	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 ...	460,223	31	441,197
32	Retained earnings, endowment, accumulated income, or other funds	1,284,685	32	1,195,868
33	Total net assets or fund balances ...........	1,744,908	33	1,637,065
34	Total liabilities and net assets/fund balances ........	3,286,766	34	3,219,676

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 ...	10,431		10,431
b	Buildings	3,389,865	2,011,434	1,378,431
c	Leasehold improvements	1,607,271	757,967	849,304
d	Equipment ...	2,184,742	1,795,088	389,654
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				2,627,820

(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
STOCK REDEMPTION PAYABLE	360,338
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	360,338
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