TY 2019 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)	(F) Estimated amount of other compensation from the organization and related organizations
(1) TRUDY HOOD...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(2) JIMMY RANDOLPH...................................................................... TREASURER	0.00 ................. 0.00	X	X		0	0	0
(3) BRIAN DENTON...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(4) JOSH SMITH...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(5) DAVID FRANKS...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(6) CURT HUMPHRIES...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(7) CHARLES HARTZOG...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(8) PRESTON THOMAS...................................................................... VICE PRESIDENT	0.00 ................. 0.00	X	X		0	0	0
(9) WADE HARDIN...................................................................... SECRETARY	0.00 ................. 0.00	X	X		0	0	0
(10) CHUCK MACE...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(11) CHUCK WILBURN...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(12) JOHNNY LEAZER...................................................................... PRESIDENT	0.00 ................. 0.00	X	X		0	0	0
(13) DENNIS PHILLIPS...................................................................... EX OFFICIO PRESIDENT	0.00 ................. 0.00	X	X		0	0	0
(14) MARK SHUFORD...................................................................... DIRECTOR	0.00 ................. 0.00	X			0	0	0
(15) DANNY AGAPION...................................................................... GOLF PRO	40.00 ................. 0.00			X	63,943	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) TRUDY HOOD......................................................................
DIRECTOR

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

(2) JIMMY RANDOLPH......................................................................
TREASURER

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

(3) BRIAN DENTON......................................................................
DIRECTOR

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

(4) JOSH SMITH......................................................................
DIRECTOR

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

(5) DAVID FRANKS......................................................................
DIRECTOR

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

(6) CURT HUMPHRIES......................................................................
DIRECTOR

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

(7) CHARLES HARTZOG......................................................................
DIRECTOR

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

(8) PRESTON THOMAS......................................................................
VICE PRESIDENT

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

(9) WADE HARDIN......................................................................
SECRETARY

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

(10) CHUCK MACE......................................................................
DIRECTOR

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

(11) CHUCK WILBURN......................................................................
DIRECTOR

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

(12) JOHNNY LEAZER......................................................................
PRESIDENT

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

(13) DENNIS PHILLIPS......................................................................
EX OFFICIO PRESIDENT

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

(14) MARK SHUFORD......................................................................
DIRECTOR

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

(15) DANNY AGAPION......................................................................
GOLF PRO

40.00
.................
0.00

63,943

(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

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

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

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

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

CHEROKEE NATIONAL GOLF & REC CLUB

Employer identification number

57-0468965

Return Reference	Explanation
Members or stockholder classes and rights Part VI line 6	THE CLUB CURRENTLY HAS ONLY ONE CLASS OF MEMBER. EACH MEMBER HAS A VOTE IN ELECTING THE GOVERNING BOARD OF DIRECTORS.
Member election for additional members Part VI line 7a	THE CLUB CURRENTLY HAS ONLY ONE CLASS OF MEMBER. EACH MEMBER HAS A VOTE IN ELECTING THE GOVERNING BOARD OF DIRECTORS.
Form 990 governing body review Part VI line 11	THE FORM 990 WITH ALL SCHEDULES AND ATTACHMENTS WAS PRESENTED AND REVIEWED WITH THE CLUBS TREASURER. HE THEN PRESENTED AND REVIEWED THE TAX RETURN WITH THE GOVERNING BOARD AND MANGEMENT PRIOR TO FILING.
CEO executive director top management comp Part VI line 15a	THE HOUSE AND GREENS COMMITTEE DETERMINES THE CLUB PROS SALARY. THE DETERMINATION PROCESS INVOLVES COMPARING WITH SIMILAR SIZED CLUBS AND SIMILAR JOB DESCRIPTIONS, AS WELL AS EVALUATION OF THE PERFORMANCE OF THE EMPLOYEE IN TERMS OF THE GROWTH OF THE CLUB, ITS PROGRAMS, FINANCES, MEMBERSHIP, INITIATIVES UNDERTAKEN, AND OVERALL COMPLIANCE WITH POLICIES AND PROCEDURES AND BEST PRACTICES. AFTER THESE DELIBERATIONS, THE HOUSE AND GREENS COMMITTEE MAKES ITS RECOMMENDATIONS TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN PREPARES THE YEARLY BUDGET, WHICH IS PRESENTED TO THE WHOLE BOARD FOR APPROVAL.
Other officer or key employee compensation Part VI line 15b	THE HOUSE AND GREENS COMMITTEE DETERMINES THE CLUB PROS AND THE GREENS SUPERVISORS (AS WELL AS ALL OTHER) WAGES. THE DETERMINATION PROCESS INVOLVES COMPARING WITH SIMILAR SIZED CLUBS AND SIMILAR JOB DESCRIPTIONS, AS WELL AS EVALUATION OF THE PERFORMANCE OF THE EMPLOYEES IN TERMS OF THE GROWTH OF THE CLUB, ITS PROGRAMS, FINANCES, MEMBERSHIP, INITIATIVES UNDERTAKEN, AND OVERALL COMPLIANCE WITH POLICIES AND PROCEDURES AND BEST PRACTICES. AFTER THESE DELIBERATIONS, THE HOUSE AND GREENS COMMITTEE MAKES ITS RECOMMENDATIONS TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN PREPARES THE YEARLY BUDGET, WHICH IS PRESENTED TO THE WHOLE BOARD FOR APPROVAL.
Governing documents etc available to public Part VI line 19	MEMBERSHIP GETS A SUMMARY OF THE FINANCIAL STATEMENTS AND GOVERNING POLICIES IN THE CLUBS NEWSLETTERS AND ON THE CLUBS WEBSITE. THE WEBSITE CAN BE ACCESSED BY THE GENERAL PUBLIC AS WELL. THE CLUB ALSO MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
Explanation of other changes in net assets or fund balances Part XI line 9	ROUNDING
Part XI response or note to any line in Part XI	LINE 9 - ROUNDING $1

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: MEMBERS BENEFITS/SOCIAL CLUB
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	13
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	13
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	41
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	509,438	526,900
9	Program service revenue (Part VIII, line 2g) .........	58,522	62,265
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	252	14,428
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	272,473	261,772
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	840,685	865,365
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)	383,727	395,220
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)....	375,966	434,687
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	759,693	829,907
19	Revenue less expenses. Subtract line 18 from line 12.......	80,992	35,458
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	709,696	696,428
21	Total liabilities (Part X, line 26).............	578,106	529,379
22	Net assets or fund balances. Subtract line 21 from line 20.....	131,590	167,049

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 814,858 including grants of $ ) (Revenue $ )
	PROVIDE MEMBERS FULL COUNTRY CLUB FACILITIESINCLUDING GOLF,SWIMMING AND SOCIAL ACTIVITIES ANDGENERATE REVENUE THROUGH DUES AND GOLF FEES

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 expenses814,858

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	63,943	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

1a	Federated campaigns..		1a
b	Membership dues..		1b	526,900
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:$		1g

h Total. Add lines 1a-1f.......		526,900

		Business Code
2a	GREENS FEES	713910	38,797	38,797
b	DRIVING RANGE FEES	713910	15,162	15,162
c	SWIM FEES	713910	1,535	1,535
d	HANDICAPS	713910	1,575	1,575
e	LOCKER RENTALS	713910	5,196	5,196
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		62,265

3 Investment income (including dividends, interest, and othersimilar amounts) ......			428	428
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents	225,606	10,875	6a
b	Less: rental expenses	12,825	1,873	6b
c	Rental income or (loss)	212,781	9,002	6c
d	Net rental income or (loss).......			221,783	221,783
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	14,000		7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)	14,000		7c
d	Net gain or (loss).........			14,000	14,000
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	22,917
b	Less: cost of goods sold ..		10b	17,376
c	Net income or (loss) from sales of inventory..			5,541	5,541
Business Code			Miscellaneous Revenue
11a	TRANSOU TOURNAMENTS		713910	28,993	28,993
b	OTHER		713910	5,250	5,250
c	LATE FEES		713910	205	205
d	All other revenue ....
e	Total. Add lines 11a–11d ......			34,448
12	Total revenue. See instructions.....			865,365	338,465	0	0

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, 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........	317,698	317,698
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	52,574	52,574
10	Payroll taxes ...........	24,948	24,948
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	15,049		15,049
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 .......	9,796	9,796
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	29,581	29,581
17	Travel ............	1,803	1,803
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	2,957	2,957
20	Interest ...........	18,758	18,758
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	100,192	100,192
23	Insurance ...	21,593	21,593
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	SPECIAL EVENT EXPENSES	26,507	26,507
b	TAXES	56,187	56,187
c	REPAIRS & MAINTENANCE	54,347	54,347
d	SUPPLIES	93,650	93,650
e	All other expenses	4,267	4,267
25	Total functional expenses. Add lines 1 through 24e	829,907	814,858	15,049	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 ........			57,157	1	42,670
2	Savings and temporary cash investments .........			43,717	2	54,579
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			200	4	370
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			2,831	8	2,606
9	Prepaid expenses and deferred charges ......			3,813	9	3,332
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	2,942,422
b	Less: accumulated depreciation	10b	2,349,551	601,978	10c	592,871
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 33)...			709,696	16	696,428

17	Accounts payable and accrued expenses .....	62,661	17	80,589
18	Grants payable ...		18
19	Deferred revenue .........	25,920	19	31,920
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 any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..	489,525	23	416,870
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..	578,106	26	529,379

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	131,590	27	167,049
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	131,590	32	167,049
33	Total liabilities and net assets/fund balances ........	709,696	33	696,428

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 .....
b	Buildings ....
c	Leasehold improvements
d	Equipment ....
e	Other .....	2,942,422	2,349,551	592,871
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				592,871

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