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Nonprofiteer
← BRAE BURN COUNTRY CLUB INC

Form 990 for tax year 2024

Filed by BRAE BURN COUNTRY CLUB INC.

Totals

Total revenue
$16,373,940
Total expenses
$12,976,805
Contributions and grants received
$0
Grants paid
$183,500
Program service revenue
$11,909,172
Investment income
$182,536
Other revenue
$4,282,232
Total assets, end of year
$55,064,958
Total liabilities, end of year
$9,905,413
Net assets or fund balances, end of year
$45,159,545
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $8,276,963 · related or exempt $8,276,963

  • 2b · Program service revenue: CAPITAL & RENOVATION A

    total $1,724,599 · related or exempt $1,724,599

  • 2c · Program service revenue: MASTET PLAN ASSESSMENT

    total $1,262,610 · related or exempt $1,262,610

  • 2d · Program service revenue: INITIATION FEES

    total $645,000 · related or exempt $645,000

  • 3 · Investment income

    total $182,536 · unrelated business $182,536

  • 10a · Gross sales of inventory

    $5,598,938

  • 10b · Cost of goods sold

    $1,316,706

  • 10c · Net income from sales of inventory

    total $4,282,232 · related or exempt $4,282,232

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $183,500

  • 5 · Compensation of officers, directors and key employees

    total $866,799

  • 7 · Other salaries and wages

    total $5,076,727

  • 8 · Pension plan contributions

    total $138,547

  • 9 · Other employee benefits

    total $795,562

  • 10 · Payroll taxes

    total $537,587

  • 11b · Fees: legal

    total $9,836

  • 11c · Fees: accounting

    total $21,800

  • 11g · Fees: other

    total $548,090

  • 13 · Office expenses

    total $320,650

  • 16 · Occupancy

    total $966,479

  • 20 · Interest

    total $244,423

  • 23 · Insurance

    total $350,789

  • 24a · Other expenses: FOOD & BEV OPERATIONS

    total $996,664

  • 24b · Other expenses: GOLF COURSE OPERATIONS

    total $943,707

  • 24c · Other expenses: CLUBHOUSE & ENTERTAINME

    total $775,441

  • 24d · Other expenses: OTHER DEPT OPERATIONS

    total $200,204

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,356 · end of year $7,148

  • 2 · Savings and temporary cash investments

    beginning of year $4,489,544 · end of year $3,569,066

  • 4 · Accounts receivable

    beginning of year $872,989 · end of year $1,001,982

  • 8 · Inventories for sale or use

    beginning of year $117,495 · end of year $148,623

  • 9 · Prepaid expenses and deferred charges

    beginning of year $219,824 · end of year $264,525

  • 10a · Land, buildings and equipment: cost or other basis

    $49,050,511

  • 10c · Land, buildings and equipment, net

    beginning of year $44,529,751 · end of year $49,050,511

  • 15 · Other assets

    beginning of year $987,259 · end of year $1,023,103

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,651,802 · end of year $2,228,425

  • 23 · Secured mortgages and notes payable

    beginning of year $7,425,147 · end of year $7,328,126

  • 25 · Other liabilities

    beginning of year $322,799 · end of year $348,862

  • 27 · Net assets without donor restrictions

    beginning of year $41,826,470 · end of year $45,159,545

Mission and programs · 2024

Mission

THE OBJECT OF THE CLUB IS TO PROMOTE SOCIAL ACTIVITIES AMONG THE MEMBERS AND TO ENCOURAGE AND STIMULATE THE INTEREST IN GOLF AND OTHER SPORTS FOR THE ENJOYMENT OF MEMBERS AND THEIR FAMILIES.

Activities or mission (Part I)

THE OBJECT OF THE CLUB IS TO PROMOTE SOCIAL ACTIVITIES AMONG THE MEMBERS & TO ENCOURAGE & STIMULATE THE INTEREST IN GOLF & OTHER SPORTS FOR THE ENJOYMENT OF MEMBERS.

  • TAX EXEMPT CLUB ACTIVITIES.

As filed on the 2024 return.

Listed in Part VII

  • Matthew Snyder

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • David Sherman

    1ST VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Bernie Jacob

    2ND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Meredith Kornreich

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • William Schultz

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Josh Adler

    GOVERNOR

    Total calculated
    $0
    Hours/week
    3

  • Neil E Kozek

    GOVERNOR

    Total calculated
    $0
    Hours/week
    3

  • Peter Morgenstern

    GOVERNOR

    Total calculated
    $0
    Hours/week
    3

  • Amy Shanus

    GOVERNOR

    Total calculated
    $0
    Hours/week
    3

  • Adam Vickers

    GOVERNOR

    Total calculated
    $0
    Hours/week
    3

  • Avi Avidan

    GOVERNOR

    Total calculated
    $0
    Hours/week
    3

  • Gary Merjian Gary

    GENERAL MANAGER-CEO

    Total calculated
    $474,182
    From this org
    $435,242
    From related orgs
    $0
    Other
    $38,940
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,242
    Bonus
    $45,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,940
    Filer's total
    $474,182

  • Blake Halderman

    GREENS SUPERINTENDENT

    Total calculated
    $392,616
    From this org
    $309,887
    From related orgs
    $0
    Other
    $82,729
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $295,187
    Bonus
    $14,700
    Other
    $0
    Deferred
    $28,481
    Nontaxable benefits
    $54,248
    Filer's total
    $392,616

  • Krug Andrew

    EXECUTIVE CHEF

    Total calculated
    $216,295
    From this org
    $216,295
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,295
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $216,295

  • Kevin Markus

    CONTROLLER-CFO

    Total calculated
    $196,872
    From this org
    $163,140
    From related orgs
    $0
    Other
    $33,732
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,640
    Bonus
    $15,500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $33,732
    Filer's total
    $196,872

  • Seth Balasny

    CLUBHOUSE MANAGER

    Total calculated
    $182,674
    From this org
    $164,489
    From related orgs
    $0
    Other
    $18,185
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,489
    Bonus
    $13,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,185
    Filer's total
    $182,674

  • Billiard Drew

    GOLF PROFESSIONAL

    Total calculated
    $155,796
    From this org
    $145,099
    From related orgs
    $0
    Other
    $10,697
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,099
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,697
    Filer's total
    $155,796

  • Falcon Lucia

    SOUS CHEF

    Total calculated
    $154,782
    From this org
    $154,782
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

    Schedule J breakdown matched by us

    Base
    $114,782
    Bonus
    $40,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $154,782

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
PER THEIR CONTRACTS SOME OF THE MANAGERS INCLUDING THE CEO HAVE EXPENSE ACCOUNTS FOR CLUB RELATED PURCHASES. MEMBERSHIP TO THE CMAA AND OTHER SIMILAR ORGANIZATIONS ARE COVERED BY THE CLUB.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BBCC HOLDINGS LLC

    HOLDING CO. · NY · income $0 · assets $0

    Directly controlled by THE CLUB

Provenance

Return type
form_990
Tax year
2024
Filed
15 August 2026
IRS schema version
2024v5.5
Source object
202632289349300353

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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