TY 2018 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) JUSTIN JAPOUR......................................................................
GENERAL MANA

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

110,222

3,306

(2) TOMMY VANCE......................................................................
FINANCE

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

(3) WANDA CALHOUN......................................................................
SECRETARY

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

(4) SHANE MILES......................................................................
PRESIDENT

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

(5) DENNIS JONES......................................................................
DIRECTOR

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

(6) BRANDON BENNETT......................................................................
DIRECTOR

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

(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) Donor advised funds	(b) Funds and other accounts
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 ........


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 7/25/06, 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	3,672,027
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	591,056
e	Add lines 2a through 2d .....................	2e	591,056
3	Subtract line 2e from line 1..................	3	3,080,971
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	3,080,971

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	3,721,255
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	591,056
e	Add lines 2a through 2d....................	2e	591,056
3	Subtract line 2e from line 1...................	3	3,130,199
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	3,130,199

Return Reference	Explanation
SCHEDULE D, PAGE 4, PART XI, LINE 2D	COST OF SALES 591,056
SCHEDULE D, PAGE 4, PART XII, LINE 2D	COST OF SALES 591,056

- 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

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

SUNSET HILLS COUNTRY CLUB INC

Employer identification number

58-0528238

Return Reference	Explanation
FORM 990, PAGE 6, PART VI, LINE 6	THE CLUB HAS MEMBERS WHO CAN EITHER HOLD EQUITY OR NON-EQUITY MEMBERSHIPS. IN THE CURRENT YEAR, THE CLUB HAS A TOTAL OF 440 MEMBERSHIPS WHICH INCLUDED 777 EQUITY SHARES
FORM 990, PAGE 6, PART VI, LINE 7A	FOUNDING MEMBERS THE FOUNDING MEMBERS OF SUNSET HILLS COUNTRY CLUB, INC. ARE THOSE PERSONS WHO WERE MEMBERS OF THE CLUB ON OCTOBER 31, 1985. THERE ARE CURRENTLY APPROXIMATELY 100 FOUNDING MEMBERS. THE FOUNDING MEMBERS ARE ENTITLED TO USE OF THE CLUB FACILITIES, SUBJECT TO THE PAYMENT OF ALL FEES, DUES AND OTHER CHARGES LEVIED BY THE BOARD OF DIRECTORS OF THE CLUB, BUT ARE NOT ENTITLED TO VOTE. THE FOUNDING MEMBERS ALSO HAVE LIQUIDATION PREFERENCE. IN THE EVENT THAT THE CLUB'S ASSETS ARE LIQUIDATED, THE NET PROCEEDS FROM SUCH LIQUIDATION WOULD BE ALLOCATED AND DISTRIBUTED TO THE FOUNDING MEMBERS OF THE CLUB, PRO RATA, UNTIL EACH FOUNDING MEMBER HAS RECEIVED 2,200 OF PROCEEDS TO THE EXTENT THAT LIQUIDATION PROCEEDS ARE AVAILABLE. ANY REMAINING LIQUIDATION PROCEEDS WOULD THEN BE ALLOCATED AND DISTRIBUTED TO THE EQUITY MEMBERS, ON A PRO RATA BASIS. ORIGINAL EQUITY MEMBERS ORIGINAL EQUITY MEMBERS ARE PERSONS WHO PURCHASED ORIGINAL EQUITY MEMBERSHIPS IN THE 1985 RECAPITALIZATION OR THEREAFTER. THE ORIGINAL EQUITY MEMBERSHIPS WERE ISSUED AT A COST OF 3,000 PER MEMBERSHIP. THERE ARE 249 ORIGINAL EQUITY MEMBERS HOLDING 351 EQUITY MEMBERSHIPS. THERE ARE NO UNISSUED MEMBERSHIPS. NEW EQUITY MEMBERS ON AUGUST 15, 2002, THE CLUB OFFERED A NEW CLASS OF EQUITY MEMBERSHIPS TO REPLACE THE CURRENT CLASS OF EQUITY MEMBERSHIPS ISSUED IN 1985. THE PURPOSE OF THIS OFFERING WAS TO PROVIDE THE NECESSARY EQUITY FUNDS TO CONSTRUCT A NEW CLUBHOUSE FACILITY FOR THE CLUB TO REPLACE THE EXISTING FACILITY. THE NEW EQUITY MEMBERSHIPS WERE OFFERED AT SUBSCRIPTION PRICES VARYING FROM 7,500 TO 10,000 PER MEMBERSHIP DEPENDING ON THE NUMBER OF MEMBERSHIPS PURCHASED. THE OFFERING EXPIRED MARCH 1, 2004 WITH NO MORE EQUITY MEMBERSHIPS TO BE ISSUED. THE TOTAL ADDITIONAL EQUITY FROM THIS OFFERING TOTALED 3,508,500. THERE IS A TOTAL OF 426 NEW EQUITY MEMBERSHIPS. ONLY THE MEMBERS THAT HOLD THE NEW EQUITY MEMBERSHIPS ARE ELIGIBLE TO ELECT DIRECTORS OF THE CLUB AND TO VOTE ON ANY OTHER MATTER AFFECTING THE CLUB.
FORM 990, PAGE 6, PART VI, LINE 11B	THE RETURN IS REVIEWED BY THE ORGANIZATION'S CONTROLLER, WITH ANY OF HER QUESTIONS BEING ADDRESSED BEFORE GOING TO THE ORGANIZATION'S GENERAL MANAGER AND BOARD CHAIR FOR FINAL REVIEW.
FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS AVAILABLE UPON REQUEST
FORM 990, PART XI, LINE 9	-1,400

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE RECREATIONAL ACTIVITIES AND FACILITIES FOR THE BENEFIT OF ITS MEMBERS SUCH AS A CLUBHOUSE, DINING, 18 HOLE GOLF COURSE, SWIMMING POOL, FIVE LAKES, AND EIGHT TENNIS COURTS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	5
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	5
5	Total number of individuals employed in calendar year 2018 (Part V, line 2a) ......	5	166
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	134,980
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	18,075	63,143
9	Program service revenue (Part VIII, line 2g) .........	2,652,517	2,796,561
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	12,234	-64
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	326,001	221,331
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	3,008,827	3,080,971
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)	1,767,962	1,776,024
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)....	1,354,888	1,354,175
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	3,122,850	3,130,199
19	Revenue less expenses. Subtract line 18 from line 12.......	-114,023	-49,228
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	6,236,153	6,103,502
21	Total liabilities (Part X, line 26).............	2,857,991	2,775,968
22	Net assets or fund balances. Subtract line 21 from line 20.....	3,378,162	3,327,534

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 2,169,209 including grants of $ ) (Revenue $ 2,796,561 )
	PROVIDE SOCIAL AND RECREATIONAL ACTIVITIES FOR OVER 400 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 expenses2,169,209

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	110,222	3,306

(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	63,143

g	Noncash contributions included in lines 1a - 1f:$
h Total. Add lines 1a-1f.......		63,143

		Business Code
2a	MEMBERSHIP DUES	713910	1,750,421	1,750,421
b	LOUNGE	713910	440,465	440,465
c	PROSHOP AND GOLF CARTS	713910	439,181	439,181
d	TENNIS	713910	69,325	69,325
e	OTHER	713910	47,333	47,333
f	All other program service revenue.		49,836	3,626	46,210
g	Total. Add lines 2a–2f ....		2,796,561

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	64
c	Gain or (loss)	-64
d	Net gain or (loss).....			-64	-64
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		812,387
b	Less: cost of goods sold ..b		591,056
c	Net income or (loss) from sales of inventory..			221,331	132,561	88,770
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			3,080,971	2,882,848	134,980

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to domestic individuals. See Part IV, line 22
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16.
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	110,222	92,296	17,926
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	1,471,947	1,232,555	239,392
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	22,983	16,318	6,665
9	Other employee benefits .......	44,754	31,883	12,871
10	Payroll taxes ...........	126,118	108,085	18,033
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	12,000		12,000
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)	89,968		89,968
12	Advertising and promotion ....	47,401	6,037	41,364
13	Office expenses .......	11,443	889	10,554
14	Information technology ......	3,632		3,632
15	Royalties ..
16	Occupancy ...........	297,279	64,954	232,325
17	Travel ............	2,012	374	1,638
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	960	960
20	Interest ...........	105,648	2,882	102,766
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	249,014	237,074	11,940
23	Insurance ...	63,440	2,227	61,213
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	OTHER	245,810	160,863	84,947
b	EQUIPMENT RENTAL	109,313	105,618	3,695
c	EXPENDABLE SUPPLIES	70,712	60,651	10,061
d	CHEMICALS	45,543	45,543
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	3,130,199	2,169,209	960,990	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 ........			426,100	1	339,481
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			294,511	4	302,769
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 ........			112,847	8	92,989
9	Prepaid expenses and deferred charges ......			15,593	9	18,336
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	10,409,634
b	Less: accumulated depreciation	10b	5,059,707	5,387,102	10c	5,349,927
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 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)...			6,236,153	16	6,103,502

17	Accounts payable and accrued expenses .....	289,441	17	332,920
18	Grants payable ...		18
19	Deferred revenue .........	165,521	19	173,217
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 ..	2,360,731	23	2,224,018
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	42,298	25	45,813
26	Total liabilities. Add lines 17 through 25..	2,857,991	26	2,775,968

	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 .....	5,368,695	30	5,367,296
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds	-1,990,533	32	-2,039,762
33	Total net assets or fund balances ...........	3,378,162	33	3,327,534
34	Total liabilities and net assets/fund balances ........	6,236,153	34	6,103,502

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 .....	1,104,281		1,104,281
b	Buildings ....	5,045,755	2,049,493	2,996,262
c	Leasehold improvements
d	Equipment ....	282,758	274,793	7,965
e	Other .....	3,976,840	2,735,421	1,241,419
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				5,349,927

(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
CAPITAL LEASE PAYABLE	45,813
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	45,813
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