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) STEVE SPRAGUE......................................................................
PRESIDENT

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

(2) JOHN KINSTLER......................................................................
TREASURER

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

(3) GEORGE HAWES......................................................................
VICE PRESIDE

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

(4) RON GIARDINI......................................................................
DIRECTOR

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

(5) PAUL CURTIS......................................................................
SECRETARY

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

(6) JOHN DELLAVECCHIA......................................................................
DIRECTOR

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

(7) CHRIS WENDRICK......................................................................
DIRECTOR

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

(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

LAKELANDS GOLF AND
COUNTRY CLUB

Employer identification number

38-0741360

Return Reference	Explanation
FORM 990, PAGE 6, PART VI, LINE 6	ORGANIZED WITH MEMBERS
FORM 990, PAGE 6, PART VI, LINE 7A	CLASS A MEMBERS ARE THE ONLY CLASS THAT HAVE THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY
FORM 990, PAGE 6, PART VI, LINE 7B	DECISIONS BY THE GOVERNING BODY ARE ULTIMATELY SUBJECT TO THE APPROVAL OF THE MEMBERS OF LGCC
FORM 990, PAGE 6, PART VI, LINE 11B	THE CLUB ACCOUNTANT AND THE TREASURER REVIEW THE TAX RETURN AND PRESENT COPIES OF THE TAX RETURN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL.
FORM 990, PAGE 6, PART VI, LINE 12C	WEEKLY MANAGERS' MEETING, MONTHLY COMMITTEE & BOARD METTING, ANNUAL LEGAL REVIEW. BOARD ORIENTATION IN WHICH GUIDELINES AND COMMITTEE ROLE RESPONSIBITIES ARE DISCUSSED.
FORM 990, PAGE 6, PART VI, LINE 15A	REVIEW BY GENERAL MANAGER AND COMMITTEE CHAIR FOLLOWED BY EXECUTIVE BOARD APPROVAL. PRESIDENT AND GENERAL MANAGER SIGN CONTRACTS.
FORM 990, PAGE 6, PART VI, LINE 15B	REVIEW BY GENERAL MANAGER AND COMMITTEE CHAIR FOLLOWED BY EXECUTIVE BOARD APPROVAL. PRESIDENT AND GENERAL MANAGER SIGN CONTRACTS.
FORM 990, PAGE 6, PART VI, LINE 19	ANY REQUESTS ARE PROVIDED . RULES & BY-LAWS POSTED ON WEBSITE ALONG WITH TREASURER'S REPORTS MONTHLY. AT ANNUAL MEETINGS REVIEWED FINANCIALS ARE PROVIDED.
FORM 990, PART IX, LINE 24E	CART LEASE 30,723 0 0 EQUIPMENT MAINTENANCE/REP 30,536 0 0 LAUNDRY 24,738 0 0 EQUIPMENT LEASE 19,925 0 0 MEMBERSHIP PROMOTION 17,318 0 0 GAS, OIL & GREASE 16,234 0 0 COMPUTER REPAIR & MAINTEN 11,926 0 0 FOOD WASTE 9,899 0 0 SAND & TOPSOIL 8,624 0 0 ENTERTAINMENT 8,374 0 0 COURSE SUPPLIES 8,267 0 0 IRRIGATION SYSTEM REPAIRS 8,236 0 0 CART RENTAL OUTINGS 7,939 0 0 GAM CHARGE 7,636 0 0 BUILDING JANITORIAL 6,606 0 0 ENT COMMITTEE EVENTS 5,746 0 0 BAD DEBT 5,048 0 0 REPLACEMENTS 4,794 0 0 CONTRACTED SERVICES-BUILD 4,418 0 0 DONATIONS 4,357 0 0 POSTAGE 3,941 0 0 FOOD COMPENSATION 3,904 0 0 PRINTING & STATIONARY 3,781 0 0 CONTRACTED SERVICES 3,551 0 0 RUBBISH REMOVAL 3,494 0 0 VALET 3,466 0 0 PROFESSIONAL DUES 3,378 0 0 BANK FEES 3,086 0 0 EQUIPMENT RENTAL 2,681 0 0 LAKE TREATMENT 2,640 0 0 CLUB SUBSCRIPTIONS, DUES 2,429 0 0 CREDIT CARD S/C 2,260 0 0 AMORTIZED EXPENSE-LOAN CO 2,251 0 0 DIRECTORS EXPENSE 2,140 0 0 SHOP SUPPLIES-GREENS 2,077 0 0 MEMBERS MAKING A DIFFEREN 2,058 0 0 MISC TAXES & FEES 1,691 0 0 COLLECTION EXPENSE 1,625 0 0 FREIGHT COSTS 1,578 0 0 CART BARN EXPENSE 1,546 0 0 FLORIST 1,362 0 0 PROFESSIONAL DEVELOPMENT 1,049 0 0 MENU PAPER 813 0 0 ROAD MAINTENANCE 722 0 0 SEED & SOD 616 0 0 BAR WASTE 478 0 0 TROPHIES, PRIZES AND ENGR 433 0 0 CHRISTMAS DECORATIONS 398 0 0 BAR COMPENSATION 192 0 0 PARTY SUPPLIES 153 0 0 EMPLOYEE CHRISTMAS PARTY 150 0 0 MANAGERS EXPENSE 131 0 0 MISCELLANEOUS 114 0 0 CASH OVER/UNDER 80 0 0 DAMAGED GOODS 43 0 0 VEHICLE REPAIRS 33 0 0
FORM 990, PART XI	NET PROPERTY DISPOSALS AND REFUNDS TO RESIGNED MEMBERS
FORM 990, PART XI, LINE 9	DISPOSAL OF PROPERTY -69,948 INITIATION RESIGNATION REFUNDS 0 TOTAL -69,948

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: PRIVATE GOLF AND COUNTRY CLUB OPERATING FOR THE BENEFIT OF THE MEMBERSHIP
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 2015 (Part V, line 2a) ......	5	103
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	154,324
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-37,882

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	998,368	1,111,365
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....		0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,127,012	1,285,714
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	2,125,380	2,397,079
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)	1,248,340	1,406,908
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)....	735,494	758,528
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,983,834	2,165,436
19	Revenue less expenses. Subtract line 18 from line 12.......	141,546	231,643
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	6,028,550	6,204,570
21	Total liabilities (Part X, line 26).............	1,584,210	1,598,535
22	Net assets or fund balances. Subtract line 21 from line 20.....	4,444,340	4,606,035

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 2,165,436 including grants of $ ) (Revenue $ )
	PRIVATE GOLF 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 expenses2,165,436

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

(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

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.......

		Business Code
2a	MEMBERSHIP DUES		658,286	658,286
b	MEMBER ASSESSMENTS		191,093	191,093
c	GOLF FEES		126,860	126,860
d	INITIATION FEES		30,350	30,350
e	MEMBERS MAKING A DIFFERENCE		25,007	25,007
f	All other program service revenue.			79,769	65,439	14,330
g Total.Add lines 2a–2f.....			1,111,365

3 Investment income (including dividends, interest, and othersimilar amounts) ..........
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		1,904,699
b	Less: cost of goods sold ..b		624,361
c	Net income or (loss) from sales of inventory..			1,280,338	1,140,344	139,994
Business Code			Miscellaneous Revenue
11a	FINANCE & HANDLING CHARGE			4,904	4,904
b	VENDOR DISCOUNT INCOME			252	252
c	OTHER INCOME			220	220
d	All other revenue ....
e	Total. Add lines 11a–11d ......			5,376
12	Total revenue. See Instructions......			2,397,079	2,242,755	154,324

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 ....
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	1,160,941	1,160,941
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	80,665	80,665
10	Payroll taxes ...........	165,302	165,302
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	148	148
c	Accounting ...........	14,585	14,585
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 ....
13	Office expenses .......	23,607	23,607
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	89,676	89,676
17	Travel ............	1,955	1,955
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........	69,064	69,064
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...	45,921	45,921
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	CHEMICALS & FERTILIZER	57,400	57,400
b	PROPERTY TAX	57,148	57,148
c	SUPPLIES	54,832	54,832
d	BUILDING REPAIRS & MAINTE	42,504	42,504
e	All other expenses	301,688	301,688
25	Total functional expenses. Add lines 1 through 24e	2,165,436	2,165,436	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 ........			78,955	1	177,540
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			259,407	4	292,191
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 ........			114,222	8	153,672
9	Prepaid expenses and deferred charges ......			52,130	9	54,144
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	5,521,770
b	Less: accumulated depreciation	10b		5,516,332	10c	5,521,770
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 ...........			7,504	15	5,253
16	Total assets. Add lines 1 through 15 (must equal line 34)...			6,028,550	16	6,204,570

17	Accounts payable and accrued expenses .....	57,970	17	115,145
18	Grants payable ...		18
19	Deferred revenue .........	81,909	19	101,850
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 ..	1,360,200	23	1,286,223
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	84,131	25	95,317
26	Total liabilities. Add lines 17 through 25..	1,584,210	26	1,598,535

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	4,444,340	27	4,606,035
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		32
33	Total net assets or fund balances ...........	4,444,340	33	4,606,035
34	Total liabilities and net assets/fund balances ........	6,028,550	34	6,204,570

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 ...	1,038,669	1,038,669
b	Buildings	3,516,127	3,516,127
c	Leasehold improvements
d	Equipment ...	966,974	966,974
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..			5,521,770

(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.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
PAYROLL AND RELATED ITEMS	53,130
OTHER CURRENT LIABILITIES	39,487
COMMISSIONS PAYABLE	2,700
BONUS PAYABLE
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	95,317
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

(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.)