TY 2023 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) CURT BEILKE......................................................................
DIRECTOR

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

(2) MASON CROSBY......................................................................
DIRECTOR

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

(3) MIKE DEVEREUX......................................................................
VICE PRESIDE

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

(4) ALAN HICKS......................................................................
PRESIDENT

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

(5) STEVE KING......................................................................
TREASURER

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

(6) TODD KUEHL......................................................................
DIRECTOR

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

(7) MICHAEL MADSON......................................................................
DIRECTOR

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

(8) BRIAN MALONEY......................................................................
DIRECTOR

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

(9) GINGER MICKSCH......................................................................
DIRECTOR

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

(10) COURTNEY PEIRCE......................................................................
DIRECTOR

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

(11) TORI SZKODZINSKI......................................................................
DIRECTOR

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

(12) LISA VIVIAN......................................................................
SECRETARY

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/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

TROON GOLF LLC,
15044 NORTH SCOTTSDALE ROAD
SUITE 300
SCOTTSDALE,AZ85254

PAYROLL REIMB.

2,983,281

TROON GOLF LLC,
15044 NORTH SCOTTSDALE ROAD
SUITE 300
SCOTTSDALE,AZ85254

MANAGEMENT SERV

193,298

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 2

	(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 July 25, 2006, 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
SCHEDULE D, PAGE 3, PART X	THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE CLUB RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED, UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE CLUB HAD NO MATERIAL UNCERTAIN TAX POSITIONS AT DECEMBER 2023 AND 2022.

- 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.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

ONEIDA GOLF AND COUNTRY CLUB INC

Employer identification number

39-0518065

Return Reference	Explanation
FORM 990, PAGE 6, PART VI, LINE 3	THE CLUB UTILIZES TROON GOLF, LLC TO MANAGE AND OPERATE THE CLUB'S FACILITIES, INCLUDING THE 18-HOLE GOLF COURSE, TENNIS COURTS, SWIMMING POOL, DINING ROOM, BAR, SHACK AND CABANA. TROON GOLF IS COMPENSATED A BASE MANAGEMENT FEE OF 135,000 ANNUALLY WITH POTENTIAL INCREASE FOR INFLATION (SEE PART VII, SECTION B FOR 2023 FIGURE). IN ADDITION, AN INCENTIVE MANAGEMENT FEE WOULD BE PAID IF CERTAIN GROSS OPERATING PROFIT TARGETS ARE MET. IN ADDITION, THE CLUB REIMBURSES TROON GOLF FOR TROON GOLF'S EMPLOYEES, INCLUDING ALL RELATED EMPLOYEE BENEFITS AND PAYROLL TAXES. THE CLUB DOES NOT HAVE ANY OF ITS OWN EMPLOYEES, RATHER TROON GOLF EMPLOYS ALL WORKERS. REIMBURSEMENTS TO TROON GOLF OF 2,983,281 ARE INCLUDED ON PART IX, LINE 11G, "OTHER SERVICES". THE TOTAL AMOUNT OF REIMBURSEMENT HAS ALSO BEEN PROVIDED IN PART VII, SECTION B.
FORM 990, PAGE 6, PART VI, LINE 6	THE CLUB LIMITS MEMBERSHIP TO 475 MEMBER-SHAREHOLDERS OF WHICH NO MORE THAN 300 SHALL BE GOLF MEMBERS. MEMBER-SHAREHOLDERS HAVE THE PRIVILEGE OF UTILIZING THE FACILITIES OF THE CLUB. IN ADDITION, 1/3 OF THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBER-SHAREHOLDERS EACH YEAR. THE MEMBER- SHAREHOLDERS DO NOT ELECT THE OFFICERS, HOWEVER.
FORM 990, PAGE 6, PART VI, LINE 7A	THE 12 BOARD OF DIRECTORS ARE DEVIDED INTO THREE CLASSES OF FOUR MEMBERS EACH WITH THE TERMS OF OFFICE FOR EACH CLASS EXPIRING ANNUALLY. EACH YEAR, FOUR REPLACEMENT DIRECTORS ARE ELECTED BY THE MEMBER-SHAREHOLDERS TO REPALCE THE DEPARTING DIRECTORS. UPON THE DEATH, RESIGNATION, OR OTHER REMOVAL OF A DIRECTOR DURING TERM, THE BOARD OF DIRECTORS ELECTS THE SUCCESSOR.
FORM 990, PAGE 6, PART VI, LINE 7B	ANY CHANGES IN THE GOLF COURSE MASTER PLAN MUST BE APPROVED BY A MAJORITY OF THE MEMBER-SHAREHOLDERS. BY-LAWS MAY BE AMENDED OR REPEALED BY A 2/3 VOTE OF THE MEMBER-SHAREHOLDERS. IN THE EVENT OF ANY LIQUIDATION, DISSOLUTION, OR WINDING UP OF THE CLUB, ASSETS ARE FIRST TO BE DISTRIBUTED TO PREFERRED STOCKHOLDERS WITH ANY EXCESS FUNDS OR ASSETS THEN DISTRIBUTED TO THE COMMON STOCKHOLDERS.
FORM 990, PAGE 6, PART VI, LINE 11B	THE FINANCE COMMITTEE IS PRESENTED THE FORM 990 AND THE FINANCE COMMITTEE THEN APPROVES THE FORM 990. UPON APPROVAL, THE FORM 990 IS SUBSEQUENTLY FILED.
FORM 990, PAGE 6, PART VI, LINE 19	THE CLUB'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11G	PAYROLL AND BENEFITS 2,990,550 0 0 INDEPENDENT CONTRACTOR 51,210 0 0 OTHER PROFESSIONAL FEES 11,018 0 0 -301,005 0 0 -3,966 0 0 NON-MEMBER GOLF OTHER FEES 301,005 0 0 0 0 0 NON-MEMBER FOOD/BEV. OTHER FEES 3,966 0 0 TOTAL 3,052,778 0 0

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

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: ONEIDA GOLF AND COUNTRY CLUB EXISTS TO BRING OUR MEMBERS TOGETHER FOR AN EXCLUSIVE CLUB EXPERIENCE BY PROVIDING THE PREMIER GOLF, DINING AND SOCIAL FACILITY IN THE MIDWEST.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	12
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	12
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	12
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	370,081
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	66

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	4,083,553	4,292,589
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	5,184	1,066
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	946,011	978,822
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	5,034,748	5,272,477
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)		0
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)....	4,669,877	5,231,661
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	4,669,877	5,231,661
19	Revenue less expenses. Subtract line 18 from line 12.......	364,871	40,816
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	6,493,828	8,932,396
21	Total liabilities (Part X, line 26).............	2,932,574	5,330,326
22	Net assets or fund balances. Subtract line 21 from line 20.....	3,561,254	3,602,070

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	TO PROVIDE OPPORTUNITIES FOR OVER 350 MEMBERS FOR FINE DINING WITHIN THE DINING ROOM AREA AND ATTEND SOCIAL GATHERINGS WITHIN THE BAR AND CABANA AREAS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	TO PROVIDE FACILITIES FOR MEMBERS TO PLAY GOLF, TENNIS AND/OR SIWM AND TO ALSO PROVIDE LESSONS FROM PROFESSIONALS.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

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

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	MEMBER DUES & ASSESSMENTS	713910	3,491,074	3,491,074
b	GOLF REVENUE	713910	367,721	367,721
c	NON-MEMBER GOLF	713910	367,224		367,224
d	TENNIS REVENUE	713910	53,891	53,891
e	SWIMMING POOL REVENUE	713910	12,679	12,679
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		4,292,589

3 Investment income (including dividends, interest, and othersimilar amounts) ......			1,066		1,066
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........
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	2,181,044
b	Less: cost of goods sold ..		10b	1,215,253
c	Net income or (loss) from sales of inventory..			965,791	964,000	1,791

Business Code
11a	OTHER REVENUE			13,031	13,031
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			13,031
12	Total revenue. See instructions.....			5,272,477	4,902,396	370,081

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........
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......	193,298	193,298
b	Legal .........
c	Accounting ...........	29,333	29,333
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)	3,052,778	3,052,778
12	Advertising and promotion ....	16,698	16,698
13	Office expenses .......	50,706	50,706
14	Information technology ......	80,598	80,598
15	Royalties ..
16	Occupancy ...........	465,165	465,165
17	Travel ............	7,979	7,979
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	621,098	621,098
23	Insurance ...	60,680	60,680
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	GOLF COURSE SUPPLIES	222,260	222,260
b	OTHER OPERATING SUPPLIES	183,244	183,244
c	REPAIRS AND MAINTENANCE	96,574	96,574
d	OTHER EXPENSES	78,997	78,997
e	All other expenses	72,253	72,253
25	Total functional expenses. Add lines 1 through 24e	5,231,661	5,231,661	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 ........			562,051	1	291,270
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			853,031	4	684,217
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 ............			50,105	8	65,763
9	Prepaid expenses and deferred charges ......			48,056	9	26,795
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	19,251,953
b	Less: accumulated depreciation	10b	11,387,602	4,980,585	10c	7,864,351
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)...			6,493,828	16	8,932,396

17	Accounts payable and accrued expenses .....	647,041	17	954,212
18	Grants payable ...		18
19	Deferred revenue .........	57,227	19	56,288
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 ..	1,594,019	23	3,610,539
24	Unsecured notes and loans payable to unrelated third parties ..		24	75,000
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	634,287	25	634,287
26	Total liabilities. Add lines 17 through 25..	2,932,574	26	5,330,326

	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 .....	39,819	29	39,119
30	Paid-in or capital surplus, or land, building or equipment fund ...	9,517,449	30	9,517,449
31	Retained earnings, endowment, accumulated income, or other funds	-5,996,014	31	-5,954,498
32	Total net assets or fund balances ...........	3,561,254	32	3,602,070
33	Total liabilities and net assets/fund balances ........	6,493,828	33	8,932,396

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 .....	631,657		631,657
b	Buildings ....	10,594,860	5,645,253	4,949,607
c	Leasehold improvements
d	Equipment ....	2,108,978	1,704,281	404,697
e	Other .....	5,916,458	4,038,068	1,878,390
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				7,864,351

(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.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
REFUNDABLE ADVANCE - ERC	610,787
PREFERRED AND COMMON STOCK PAYABLE	23,500







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	634,287
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