TY 2022 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/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) KRIS THORFINNSON......................................................................
PRESIDENT

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

(2) DUANE WAGES III......................................................................
VICE PRESIDENT

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

(3) ALEC LAZUR......................................................................
TREASURER

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

(4) JASON SCHAFF......................................................................
DIRECTOR

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

(5) JEREMY GRUBE......................................................................
DIRECTOR

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

(6) ANDY SCHNEIDER......................................................................
DIRECTOR

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

(7) LES MOORE......................................................................
DIRECTOR

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

(8) ERIN GREENBERG......................................................................
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/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

ENDRES CONSTRUCTION

1509 DYKE AVE
GRAND FORKS,ND58203

MAINTENANCE SHOP CONSTRUCTION AND MISCEL

666,217

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
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	458,173
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

Return Reference	Explanation
SCHEDULE D, PART VI, LINE 1	STATEMENT REGARDING DEFERRAL OF GAIN ON INVOLUNTARY CONVERSION TAXPAYER NAME: GRAND FORKS COUNTRY CLUB TAXPAYER ID NO.: 45-0140055 TAX YEAR END: DECEMBER 31, 2022 ELECTION UNDER IRC SEC. 1033 (A)(2)(A) NOT TO RECOGNIZE GAIN FROM COMPULSORY OR INVOLUNTARY CONVERSION TAXPAYER HEREBY ELECTS IN ACCORDANCE WITH IRC SEC. 1033 (A)(2)(A) AND REG. 1.1033 (A)-2 NOT TO RECOGNIZE A REALIZED GAIN IN THE AMOUNT OF $557,290 FROM THE INVOLUNTARY CONVERSION OF THE FOLLOWING PROPERTY: MAINTENANCE SHED AND MAINENANCE EQUIPMENT, GRAND FORKS, NORTH DAKOTA. THE INVOLUNTARY CONVERSION OCCURRED ON MARCH 28, 2022. THE TAXPAYER HAS REPLACED THE CONVERTED PROPERTY WITH PROPERTY THAT IS SIMILAR OR RELATED IN SERVICE OR USE WITHIN THE REPLACEMENT PERIOD.

- TIN:

SCHEDULE O
(Form 990)

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

2021

Open to Public
Inspection

Name of the organization

GRAND FORKS COUNTRY CLUB

Employer identification number

45-0140055

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS MEMBERS/STOCKHOLDERS WHO PAY MEMBERSHIP DUES AND PURCHASE STOCK
FORM 990, PART VI, SECTION A, LINE 7A	MEMBERS/STOCKHOLDERS ELECT THE BOARD OF DIRECTORS
FORM 990, PART VI, SECTION A, LINE 7B	MAJOR DECISIONS MAY REQUIRE APPROVAL FROM A MAJORITY OF MEMBERS/STOCKHOLDERS
FORM 990, PART VI, SECTION A, LINE 8B	THE ORGANIZATION DID NOT DOCUMENT ALL MEETINGS HELD OR WRITTEN ACTIONS TAKEN BY EACH COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS NOT TYPICALLY REVIEWED BY THE GOVERNING BODY.
FORM 990, PART VI, SECTION C, LINE 18	FORM 1023 WAS DESTROYED IN THE FLOOD OF 1997. FORM 990 IS AVAILABLE AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS WERE DESTROYED IN THE FLOOD OF 1997. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 24E	CHEMICALS: PROGRAM SERVICE EXPENSES 48,625. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,625. DUES/LICENSES/SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 32,343. MANAGEMENT AND GENERAL EXPENSES 5,048. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,391. GAS, OIL, HEAT: PROGRAM SERVICE EXPENSES 36,421. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,421. COMPUTER SERVICE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,977. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,977. UNIFORMS & LAUNDRY: PROGRAM SERVICE EXPENSES 9,945. MANAGEMENT AND GENERAL EXPENSES 16,719. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,664. CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 23,787. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,787. DRIVING RANGE/SIMULATOR EXPENSE: PROGRAM SERVICE EXPENSES 21,073. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,073. MEMBER GUEST EXPENSES: PROGRAM SERVICE EXPENSES 15,176. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,176. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 12,807. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,807. FERTILIZER: PROGRAM SERVICE EXPENSES 10,769. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,769. MUSIC & DECORATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,715. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,715. POSTAGE: PROGRAM SERVICE EXPENSES 1,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,350. TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,288. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,288.
FORM 990, PART XI, LINE 9:	TRANSFER TO/FROM STOCK -300.

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

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE A GOLF COURSE, SWIMMING POOL, DINING AND ENTERTAINING FACILITY FOR MEMBERS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	8
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	8
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	103
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	153,778
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	1,516,762	1,760,896
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	989	10,060
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	427,784	573,463
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,945,535	2,344,419
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)	874,040	999,537
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)....	1,100,799	1,325,013
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,974,839	2,324,550
19	Revenue less expenses. Subtract line 18 from line 12.......	-29,304	19,869
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,755,756	2,284,694
21	Total liabilities (Part X, line 26).............	1,370,571	1,879,940
22	Net assets or fund balances. Subtract line 21 from line 20.....	385,185	404,754

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 1,844,293 including grants of $ ) (Revenue $ 2,560,653 )
	PROVIDED GOLF-PRO-SWIM-CART AND OTHER RECREATION FOR 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 expenses1,844,293

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	0	0	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:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	MEMBERSHIP DUES, GREEN	713910	1,760,896	1,633,701	127,195
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		1,760,896

3 Investment income (including dividends, interest, and othersimilar amounts) ......			4,550		4,550
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	5,510		7a
b	Less: cost or other basis and sales expenses	0		7b
c	Gain or (loss)	5,510		7c
d	Net gain or (loss).........			5,510		366	5,144
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	778,786
b	Less: cost of goods sold ..		10b	395,886
c	Net income or (loss) from sales of inventory..			382,900	362,055	20,845
Business Code			Miscellaneous Revenue
11a	MISC INCOME		713910	190,563	189,741	822
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			190,563
12	Total revenue. See instructions.....			2,344,419	2,185,497	153,778	5,144

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........	894,465	894,465
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	18,667	18,667
10	Payroll taxes ...........	86,405	86,405
11	Fees for services (non-employees):
a	Management ......	34,545	34,545
b	Legal .........
c	Accounting ...........	40,200	9,000	31,200
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)	7,000	7,000
12	Advertising and promotion ....	22,578	22,578
13	Office expenses .......
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	94,139	8,293	85,846
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	4,995	4,995
20	Interest ...........	12,349	12,349
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	130,421	130,421
23	Insurance ...	73,337	73,337
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	REPAIRS AND MAINTENANCE	366,172	150,048	216,124
b	SUPPLIES	123,358	93,422	29,936
c	EQUIPMENT RENTAL	87,618	87,618	0
d	MISCELLANEOUS	58,258	22,641	35,617
e	All other expenses	270,043	188,509	81,534
25	Total functional expenses. Add lines 1 through 24e	2,324,550	1,844,293	480,257	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 ........			50,416	1	28,862
2	Savings and temporary cash investments .........			519,903	2	302,814
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			244,748	4	311,715
5	Loans and other receivables from 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 ............			54,750	8	88,933
9	Prepaid expenses and deferred charges ......			39,994	9	45,746
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	4,441,341
b	Less: accumulated depreciation	10b	2,997,637	783,025	10c	1,443,704
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 ...........			62,920	15	62,920
16	Total assets. Add lines 1 through 15 (must equal line 33)...			1,755,756	16	2,284,694

17	Accounts payable and accrued expenses .....	110,409	17	526,131
18	Grants payable ...		18
19	Deferred revenue .........		19
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 ..	785,326	23	895,636
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	474,836	25	458,173
26	Total liabilities. Add lines 17 through 25..	1,370,571	26	1,879,940

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
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 .....	668,586	29	668,286
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	-283,401	31	-263,532
32	Total net assets or fund balances ...........	385,185	32	404,754
33	Total liabilities and net assets/fund balances ........	1,755,756	33	2,284,694

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 .....	76,764		76,764
b	Buildings ....	1,769,705	1,623,272	146,433
c	Leasehold improvements
d	Equipment ....	626,997	272,300	354,697
e	Other .....	1,967,875	1,102,065	865,810
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				1,443,704

(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.)

(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.)