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) RICK BIRNDORF......................................................................
PRESIDENT

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

(2) ROBERT GINGRAS......................................................................
VICE PRESIDENT

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

(3) MATT RUSSELL......................................................................
SECRETARY

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

(4) JOHN MCGEE......................................................................
TREASURER

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

(5) MICHELE CERNEY......................................................................
DIRECTOR

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

(6) JAMIE GRACE......................................................................
DIRECTOR

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

(7) JIM MELLINGER......................................................................
DIRECTOR

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

(8) KEEF MORGAN......................................................................
DIRECTOR

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

(9) LINDSEY ROGERS......................................................................
DIRECTOR

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

(10) DIANE VANDERVEEN......................................................................
PRIOR GENERAL MANAGER

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

89,332

(11) GUY GUARINO......................................................................
GENERAL MANAGER

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

60,425

(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

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

	(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
PART X, LINE 2:	THE CLUB IS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO INCOME TAX ONLY ON THE BUSINESS INCOME OF THE CLUB NOT RELATED TO ITS MEMBERS' SOCIAL AND ATHLETIC ACTIVITIES. SUCH TAXES ARE GENERALLY INSIGNIFICANT. THE CLUB FILES INFORMATIONAL TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE MARCH 31, 2021.

- 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

TRAVERSE CITY GOLF AND COUNTRY CLUB

Employer identification number

38-1108525

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS MEMBERS AND OFFERS ITS MEMBERS COUNTRY CLUB RECREATIONAL FACILITIES INCLUDING GOLF, DINING AND SOCIAL ACTIVITIES AND GENERATES REVENUE PRIMARILY FROM MEMBERSHIP DUES, RECREATIONAL FEES AND RESTAURANT AND GOLF SALES.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERS OF THE ORGANIZATION ELECTED GOVERNING BOARD OF DIRECTORS. ALL DIRECTORS OF THE GOVERNING BODY ARE MEMBERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11B	A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BY THE TREASURER AND PROVIDED TO EACH MEMBER FOR THEIR REVIEW PRIOR TO SIGNING.
FORM 990, PART VI, SECTION B, LINE 12C	BOARD MEMBERS ARE ASKED TO DISCLOSE ANNUALLY ANY POTENTIAL CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION FOR TOP MANAGEMENT IS REVIEWED BY THE GENERAL MANAGER AND THE COMPENSATION COMMITTEE USING COMPARABILITY DATA. THE COMPENSATION COMMITTEE IS COMPRISED OF THE CURRENT BOARD PRESIDENT, THE PRIOR BOARD PRESIDENT AND A CURRENT BOARD MEMBER.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO ITS MEMBERS UPON REQUEST.
FORM 990, PART IX, LINE 24E	SUPPLIES: PROGRAM SERVICE EXPENSES 151,329. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,329. TOURNAMENTS: PROGRAM SERVICE EXPENSES 143,742. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,742. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 82,345. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,345. LINENS AND UNIFORMS: PROGRAM SERVICE EXPENSES 75,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,113. EMPLOYEE RECRUITMENT COST: PROGRAM SERVICE EXPENSES 64,052. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,052. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 50,826. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,826. OTHER: PROGRAM SERVICE EXPENSES 50,037. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,037. EQUIPMENT: PROGRAM SERVICE EXPENSES 47,118. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,118. GAS AND OIL: PROGRAM SERVICE EXPENSES 41,672. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,672. BANK CHARGES: PROGRAM SERVICE EXPENSES 35,196. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,196. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 14,950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,950. HANDICAP SERVICE: PROGRAM SERVICE EXPENSES 12,561. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,561. SERVICE FEES FOR EMPLOYEE PROGRAM: PROGRAM SERVICE EXPENSES 11,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,555. PRINTING AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 11,537. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,537. SECURITY: PROGRAM SERVICE EXPENSES 8,703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,703. POSTAGE: PROGRAM SERVICE EXPENSES 8,083. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,083. PHONE: PROGRAM SERVICE EXPENSES 7,265. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,265. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 6,296. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,296. RENTALS: PROGRAM SERVICE EXPENSES 5,659. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,659. SPORT CAMP: PROGRAM SERVICE EXPENSES 4,586. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,586. TRAINING AND EDUCATION: PROGRAM SERVICE EXPENSES 3,223. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,223. LICENSES: PROGRAM SERVICE EXPENSES 3,205. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,205. VEHICLE EXPENSE: PROGRAM SERVICE EXPENSES 3,011. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,011. BOARD OF DIRECTORS: PROGRAM SERVICE EXPENSES 2,292. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,292.
FORM 990, PART XI, LINE 9:	CHANGE IN UNRESTRICTED PAID-IN CAPITAL 58,633. CHANGE IN CAPITAL IMPROVEMENTS NET ASSETS TRANSFER TO CAPITAL FUND

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: A COUNTRY CLUB WHICH PROVIDES ITS MEMBERS WITH DINING, RECREATIONAL AND SOCIAL ACTIVITIES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	9
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	166
6	Total number of volunteers (estimate if necessary) .............	6	54
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
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) .........	2,964,323	3,198,304
9	Program service revenue (Part VIII, line 2g) .........	3,681,842	3,500,690
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	4,618	27,358
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	13,694
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	6,650,783	6,740,046
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)	2,439,605	2,786,113
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)....	3,386,780	3,627,960
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	5,826,385	6,414,073
19	Revenue less expenses. Subtract line 18 from line 12.......	824,398	325,973
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	7,775,137	10,058,638
21	Total liabilities (Part X, line 26).............	5,090,010	6,988,905
22	Net assets or fund balances. Subtract line 21 from line 20.....	2,685,127	3,069,733

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 6,243,529 including grants of $ ) (Revenue $ 3,518,632 )
	THE ORGANIZATION PROVIDES QUALITY DINING AND SOCIAL EVENTS TO 227 SOCIAL MEMBERS AND FIRST-RATE RECREATIONAL GOLF ACTIVITIES FOR 329 GOLF 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 expenses6,243,529

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	149,757	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 0

1a	Federated campaigns..		1a
b	Membership dues..		1b	3,198,304
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.......		3,198,304

		Business Code
2a	DINING ROOM SALES	713910	1,653,820	1,653,820
b	PRO SHOP SALES	713910	1,060,658	1,060,658
c	INITIATION FEES	713910	517,000	517,000
d	TOURNAMENT FEES	713910	148,228	148,228
e	SOCIAL EVENT FEES	713910	73,931	73,931
f	All other program service revenue.		47,053	47,053
g	Total. Add lines 2a–2f .....		3,500,690

3 Investment income (including dividends, interest, and othersimilar amounts) ......			23,110			23,110
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		4,248
b	Less: cost or other basis and sales expenses	7b		0
c	Gain or (loss)	7c		4,248
d	Net gain or (loss).........			4,248	4,248
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
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	OTHER INCOME		900099	13,694	13,694
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			13,694
12	Total revenue. See instructions.....			6,740,046	3,518,632	0	23,110

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 ...........	151,657	151,657
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........	2,158,628	2,158,628
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	228,154	228,154
10	Payroll taxes ...........	247,674	247,674
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	15,265	15,265
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 ....	108,091	108,091
13	Office expenses .......
14	Information technology ......	27,539	27,539
15	Royalties ..
16	Occupancy ...........	191,909	191,909
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........	176,121	5,577	170,544
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	514,928	514,928
23	Insurance ...	69,771	69,771
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	COST OF GOODS SOLD	1,123,631	1,123,631
b	GOLF COURSE EXPENSES	219,132	219,132
c	REPAIRS AND MAINTENANCE	174,066	174,066
d	PROPERTY TAXES	163,151	163,151
e	All other expenses	844,356	844,356
25	Total functional expenses. Add lines 1 through 24e	6,414,073	6,243,529	170,544	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 ........			500,073	1	789,164
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			593,836	4	874,435
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 ............			227,227	8	175,431
9	Prepaid expenses and deferred charges ......			66,421	9	94,428
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	15,148,981
b	Less: accumulated depreciation	10b	7,446,858	5,789,294	10c	7,702,123
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 ...........			598,286	15	423,057
16	Total assets. Add lines 1 through 15 (must equal line 33)...			7,775,137	16	10,058,638

17	Accounts payable and accrued expenses .....	299,460	17	1,308,189
18	Grants payable ...		18
19	Deferred revenue .........	873,611	19	1,130,134
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 ..	3,452,085	23	4,144,361
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	464,854	25	406,221
26	Total liabilities. Add lines 17 through 25..	5,090,010	26	6,988,905

	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 .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	291,461	30	350,094
31	Retained earnings, endowment, accumulated income, or other funds	2,393,666	31	2,719,639
32	Total net assets or fund balances ...........	2,685,127	32	3,069,733
33	Total liabilities and net assets/fund balances ........	7,775,137	33	10,058,638

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 .....	10,431		10,431
b	Buildings ....	6,165,717	3,212,714	2,953,003
c	Leasehold improvements
d	Equipment ....	3,271,064	2,443,831	827,233
e	Other .....	5,701,769	1,790,313	3,911,456
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				7,702,123

(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
STOCK REDEMPTION PAYABLE	406,221








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	406,221
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