Golf Saskatchewan

2019 Annual Report Saskatchewan Golf Association Inc. Saskatchewan Entity Number 213346 ǡ ͸ǡʹͲͳͻ TABLE OF CONTENTS TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTS TRSZ S[ TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTU TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTU TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTU S Q Q Q TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTU ! 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2018/19 BOARD & STAFF DIRECTORY

Back Row (l-r): 7*#3**'% ,Q #4',3!&1!�#0Q 007! %+ ,Absent: F 1+',#^F !)+ ,_ +#0-, Front Row (l-r):-, 3,)#*&QF3"7 #$2-,Q#* #02#2, 00#1'"#,2Q#, ',"* 7Q-""#0%120#11#0 BOARD OF DIRECTORS Position Name Golf Course Affiliation City/Town 0#1'"#,2 Delbert Betnar F- ,,#-3*#2 #%', &'!#0#1'"#,2 Don Kunkel ##0 0) -0)2-, 0# 130#0 Todd Bergstresser 3 *'!* 7#0 1) 2--, 120#1'"#,2 Kyle Mulligan -,V $$'*' 2#" #%', '0#!2-0 Kevin Duchscherer 4#0%0##, '. 5', '0#!2-0 Ben Findlay ! 1! , #%', '0#!2-0 Judy Sefton #*$-02 #*$-02 '0#!2-0 Jasmine Cameron '**!0#12 --1#F 5 '0#!2-0 Larry Wagman -7 *#%', #%', STAFF 6#!32'4#'0#!2-0 Brian Lee *##%-*$1)T-0% URXV[YWVRZVS %0T#+ #0 #04'!#1 Candace Dunham !"3,& +%-*$1)T-0% URXV[YWVRZWR %0T .-02#4#*-.+#,2 & +.'-,1&'.1 Steve Ryde 107"#%-*$1)T-0% URXV[YWVRZUV '0T -++3,'! 2'-,1 0)#2',% Clark Stork !12-0)%-*$1)T-0% URXVWTSVTWW[ GOLF CANADA: COMMITTEE MEMBERS, CEO, PRESIDENT, STAFF Laura Small, Riverside CC, Saskatoon Richard Smith, Katepwa Beach GC, Fort Qu’Appelle Governors Council, Governance, Investment Governors Council, Chair of Handicap & Course Rating Jordan Vizena, [email protected] Judy Sefton, Melfort GCC, Melfort Membership Services Handicap & Couse Rating Committee Delbert Betnar, Joanne Goulet GC, Regina Brian Lee, Public Player, Saskatoon Provincial Council Representative Rules Committee Laurence Applebaum, CEO Charlie Beaulieu, President of Golf Canada (2019 - ) [email protected] [email protected] Blair Armitage, [email protected] Leslie Dunning, Past President of Golf Canada (2018-19) Western Membership Representative [email protected]

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COMMITTEES OF GOLF SASKATCHEWAN

STANDING COMMITTEES RULES OF GOLF Rules of Golf Advisory Panel EXECUTIVE COMMITTEE & Delbert Betnar EXECUTIVE DIRECTOR EVALUATION Kevin Duchscherer Delbert Betnar, Chair Byron Harvie Todd Bergstresser Terry Gaube Don Kunkel Wayne Joyce Brian Lee* Melodie Lawrek Chuck Orem FINANCE Jim Walker Todd Bergstresser, Chair Laurie Walker Delbert Betnar Don Kunkel SPONSORSHIP & FUNDRAISING Brian Lee* Don Kunkel Lyndsay Lee* Delbert Betnar *Staff NOMINATING Delbert Betnar, Chair SPORT DEVELOPMENT & CHAMPIONSHIPS Ben Findlay Manager of Sport Development & Championships* Todd Bergstresser Jason Schneider – PGA of SK Liaison Amanda Minchin – PGA of SK Liaison Kevin Duchscherer OPERATING COMMITTEES Ben Findlay S** .#0 2',% -++'22##10#.-022- ," -0

',!*3"#2&#6#!32'4#'0#!2-0 Other committee members advisory panel: Jeff Chambers – PGA of SK - Liaison COURSE RATING Darryl Czuy Richard Smith – Chair Shaun Dunphy Ken Bradley Garrett McMillan – PGA of CND SK Zone Bob Krismer Shawn McNall Byron Harvie David Stewart Wayne Bucknell Clinton Schmaltz – PGA of CND SK Zone - Liaison Terry Meier Tanner White Judy Sefton SASKATCHEWAN GOLF HALL OF FAME HANDICAPPING Byron Harvie, Chair Richard Smith Joe Bloski, STA Judy Sefton Rob Lee – PGA of SK Brian Lee – Secretary MEMBER SERVICES Pat Buglass Candace Dunham* - Chair Pat Lawson Golf SK Staff Murray Eddy Golf Canada Staff Doug Mader Terry Meier Keith Rever Joe Trudelle

COMMITTEES OF GOLF SASKATCHEWAN V

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W MESSAGE FROM THE PRESIDENT

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GOLF HOUSE SASKATCHEWAN - Strategic Plan overview

Y MESSAGE FROM THE EXECUTIVE DIRECTOR / CEO

MEMBER SERVICES COMMITTEE MEMBER FACILITIES 9 Hole Facilities (55) ,2*#0!0#1-*$ *3 '""#, '**1-$ &#** 0--) #%', # !&-*$ *3 11',' -' #%'-, * 0) '""#,& **#7-*$&#1-02 - #02" *# #,%-3%&#%'-, * 0) ,"' , # "-*$ -3,207 *3 -!) 0##)-*$ -3,207 *3 '0!& '**1-*$ *3 2#.5 # !&-*$ *3 -**',%',#1 #1-02 ,5--"',#1-*$ *3 #*4',%2-,-*$ *3 -1#2-5,-*$ -3,207 *3 0*2-,0 '*#%'-, * 0) ',"#01*#7#%'-, * 0) ,"7# !&#%'-, * 0) 0*7*#-5, -3,207 1& 30,-5, -3,207 --" -0#12 -3,207 *3 0,"3$$-*$ *3 '22*#--,#%'-, * 0) &'#*"1-*$ -301# &'2#) )#-*$ -301# --, )#-*$ -3,207 *3 '*4#0 )##%'-, * 0) -0-, !&-*$ *3 ,'2-3# !&-*$ *3 2T0'#36#%'-, * 0) 7.0#11 '**1-*$#1-02 .*# 0##)-*$ *3 &# 0##)-*$ -301# 4'"1-,-*$ -3,207 *3 ! #%'-, * 0)-*$ *3 &-+1-, )##%'-, * 0) %*#-',2#1-02 #04','120'!2-*$ *3 '1" *#'4#01'"#-*$ *3 !&-'"%#-*$ -301# 32*--)'4#04'#5-*$ *3 & **#74'#5#*'1*# ""7-*$ *3 1/3' -*$ *3 ! ) 5 )#-*$ *3 12-,'4#01'"#-*$ *3 '.#12-,# '**1-*$ *3 !&'2#5--"-*$ -3,207 *3 '04'#5 '05 71-*$ *3 -,2#'6-*$ *3 !7,7 0"-*$ *3 - + )#-*$ -3,207 *3 #"4#01'120'!2 -0) )#-*$ -3,207 *3 0##,!0#1-*$ -3,207 *3

12 Hole Facilities (1) 0##, 070#-*$ -3,207 *3

18 Hole Facilities (44) 1.#,',)1 -3,207 *3 0 -0-*$ *3 #1-02 -02�,# "-51-*$ *3 ,"*# )#-*$#1-02 '**!0#12-*$ *3 '4#01'"# -3,207 *3 &',--)-*$ -301# 3+ -*"2-*$ *3 -7 *#%', -*$ *3 --)#3,'!'. *-*$ -301# F- ,,#-3*#2-*$ -301# 1) ,"',%-*$#1-02 )-2 3,#1-*$',)1 !&301-*$ *3 1) 2--,-*$ -3,207 *3 ##0 0)3,'!'. * *-7"+',12#0-*$ 30*',% #,20# '*4#05--"-*$ -301# ##0'"%#-*$ *3 -,% 0##)-*$ -3,207 *3 .'0'25--"-*$ *3 ##0& **#7-*$ *3 7, 0--)-*$ -3,207 *3 &##%#,"1-*$ *3 *+5--"-*$ -3,207 *3 ',.0'8##%'-, * 0) !--"* 5,-*$ *3 ++ )#-*$ -301# # "-5 )#-*$ *3 & **#7#%'-, * 0)-*$ *3 4#0%0##,-*$ *3 #*$-02-*$ -3,207 *3 ! 1! , -3,207 *3 *-5',% .0',%1-*$0##,1 #*4'**#-*$ -3,207 *3 ! 1)#1'3-*$ -301# -*$ #,-1## #+-0' * )##%'-, * 0) !#7 30,-*$ *3 --" .'0'2-*$#1-02 300 73,'!'. *-*$ -301# !'*"5--"-*$ -301# 0##,&'**1-*$#1-02 -02& 22*#$-0"

27 Hole Facilities (5) *)'"%##1-02 -0 '**-*$ -301# -*'" 7 0)-*$ -301# !'**-51-*$ -3,207 *3 --, )#-*$ -3,207 *3 MEMBER SERVICES COMMITTEE Z

MEMBER & MEMBERSHIP NUMBERS Member Clubs #+ #0 *3 1$0-+TRSXVTRSZS Member Clubs 2016 2017 2018 * 7#01 *3 1 S[ S[ S[ [ -*# ," U U U [ -*#0 11 WW WX WT ST -*#0 11 S S S SZ -*#0 11 VT VS VV TY -*#0 11 V W W UX -*#0 11 S R R Total 125 125 124

Individual Members including Public Players Membership Category 2013 2014 2015 2016 2017 2018 "3*2 *# Y[[Y ZRZR YYYZ YXSW YTVX YW[S "3*2 #+ *# UVSU UTRU URUS TZZU TXYY TWVW F3,'-0 *# SSVY SSTU SRXR ZYU [X[ YRW F3,'-0 #+ *# SWT SYW SXR STT SYZ [Z -*"#+ #01 VRR Total 12709 12581 12429 11493 11,070 10939 Public Player Category 2013 2014 2015 2016 2017 2018 "3*2 *# SZZ TTS SZ[ TVU T[Y UUY "3*2 #+ *# VS VX UX XT XT VY F3,'-0 *# TT SX V T ST Y F3,'-0 #+ *# W U S R U U Total 256 286 230 307 374 394 OVERALL TOTAL 12,965 12,867 12,659 11,800 11,444 11,333

Golf Course Anniversaries / Milestones 2018 2019 *)'"%##1-02TW2&,,'4#01 07 1& 30,-*$ *3 TW2&,,'4#01 07 #,%-3%&#%'-, * 0) WR2&,,'4#01 07 ',.0'8#-*$ *3 TW2& ,,'4#01 07 3+ -*"2-*$ *3 YW2&,,'4#01 07 *+5--"-*$ -3,207 *3 SRR2&,,'4#01 07 !#7 30,-*$ *3 SRR2&,,'4#01 07

Golf Course Visitation Program -*$ -301#4'1'2 2'-,1& 4# *5 71 ##, %0# 25 72- 3'*" ,"+ ',2 ',0#* 2'-,1&'.15'2&-30 #+ #0 *3 1T,TRSZQ5#& "XU1.#!'$'!!-301#4'1'2 2'-,15&'!&5 1 ,',!0# 1#$0-+2&#UW 4'1'2 2'-,1',TRSYT,TRS[Q2�#5'** # !-,2',3#"$-!31-,%-*$!-301#4'1'2 2'-,1Q5'2&2&#%- * -$4'1'2',% **-*$ 1) 2! ,#+ #0 *3 1 72&##,"-$TRS[T$7-30!-301#'1-,2&# 4'1'2 2'-,*'12$-0TRS[Q1-+#-,#$0-+7-30!*3 5'** #!-,2 !2#"T5##)1.0'-02-2'1'22- #,130#5# 0# *#2-+##25'2&2&# ..0-.0' 2#!-,2 !2$-02&#!-301#T

[ MEMBER SERVICES COMMITTEE

Membership Assistance Program (MAP Grants) &#.30.-1#-$2&##+ #01&'.11'12 ,!#0-%0 +0 ,2'12-.0-4'"#$', ,!' * 11'12 ,!# 2--*$ 1) 2! ,0#%'12#0#" $$'*' 2#"!*3 11-2+ 7-.#0 2#.0-%0 +12& 25'**#,!-30 %# ,".0-+-2#!-++3,'27 ,"!*3 *#4#*1.-02"#4#*-.+#,2',2&#'0*-! * 0# T#4#*-.+#,2-$2# .0-%0 +1 ,"1#04'!#15'**',!0# 1#+#+ #01&'.',-*$ 1) 2! , ,"2&#*-! *#+ #0 -0% ,'8 2'-,1T'1$3,"#" 72&# 1) 2! ,-22#0'#10312 3,"$-0 .-02Q 3*230# #!0# 2'-, ,"'1"#0'4#"$0-+2 *#-$*-22#072'!)#21', 1) 2! ,T ,TRSZQ-*$ 1) 2! ,"'120' 32#"$[[QTRR',0 ,212-Y[+#+ #0!*3 1T!-+.*#2# 0# )V"-5,-$2&#!*3 1 ,"2&#$3,"',%$0-+TRSZ! , #$-3,"',2&#3"'2#" ', ,!' * 2 2#+#,21 !&#"3*#Y',..#,"'6ST,TRS[Q$[ZQTRR5'** #"'120' 32#"2-#+ #0 *3 1T ',!#5# #% ,20 !)',%2&#"'120' 32#" $3,"1',TRRSQ ..0-6'+ 2#*7$STUW+'**'-, "-** 01 1 ##, **-22#"2-+#+ #0!*3 1-$-*$ 1) 2! ,2&0-3%&%0 ,21$0-+2&# 1) 2! ,-22#0'#10312 3,",!T& ,)7-3$-02&#!-,2',3#"13..-02T

Hole-in-One Club -*$ 1) 2! ,& 120 !)#" -*#V',V ,#11!-0#" 7+#+ #01',2&# -*#V',V ,# *3 1',!# TRRVT,7+#+ #01!-0',% &-*#V',V-,#0#!#'4#1 .', ,"!#02'$'! 2#$0-+-*$ 1) 2! , 3.-,13 +'11'-,-$2&#'0',$-0+ 2'-, ,"2 0# *1-0#!-%,'8#"',-30 V #51*#22#0T

YEAR 2012 2013 2014 2015 2016 2017 2018 TOTAL #+ #01 V[ WX ZR# SS[# STY# VX WR 527

DIGITAL INTERACTIVE & PRINT MEDIA -*$ 1) 2! ,!-++3,'! 2#15'2&-30+#+ #01Q+#+ #0!*3 1Q',"31207. 02,#01 ," 12 )#&-*"#012&0-3%& 4 0'#27!-++3,'! 2'-,+#2&-"1',!*3"',% 32,-2*'+'2#"2-S

DIGITAL INTERACTIVE DIGITAL INTERACTIVE PRINT & FACE TO FACE !# S555T%-*$1 1) 2! ,T-0% '0#!2#+ #01&'.+#11 %#1 ,,3 *#.-02# 0 --) V #51*#22#0Z'113#1 -*$ , " (-',2+#11 %#1 #"' 73'"# '12-07 3*#-$2&#!##).0'* !2- #0 *3#-*$-30, +#,2 712#+ .0',% '*V-32 **+#+ #0!*3 1 5'22#0-*$ TQYTR$-**-5#01 -*$ , " !-0# #,20# -12#01 +.&*#21 ,"-321 !# --) -*$ -*$ , " *3 '-1) 0 "#1&-51 ,"31207##2',%1 ,12 %0 + -*$ 1) 2! , 555T%-*$! , " T! 0 ,2 0-%0 ++',% -*$ -33 # & ,,#* #+ #0#,#$'21 -301#&'1'2 2'-,1 #+', 01 ,TRSZQ 0#4 +.#"-*$ 1) 2! ,5# 1'2#5 1* 3,!&#"T&#.* ,$-0%-*$', , " '12- & 4# 1712#+*')#.0-$#11'-, *1.-0212# +1T&# ""0#11'12 +#Q555T%-*$1 1) 2! ,T-0%Q 32'2'1$0#1& ,"$3**7+- '*#0# "75'2&3." 2#"5##)*7 02'!*#1T

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SPORT DEVELOPMENT & CHAMPIONSHIPS COMMITTEE TV

Junior Girl’s Camp

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TW SPORT DEVELOPMENT & CHAMPIONSHIPS COMMITTEE

CHAMPIONSHIP NUMBERS AND SCHEDULE(S) 2019 Provincial Championship Schedule Date Events Course/Community F3*7UVW SRS12 + 2#30!-+#,_1 --, )# Q 1) 2--, F3*7[VSS X[2& F3,'-0!-+#,_1[U0" F3,'-0#,_1 4#0%0##, Q '. 5', F3*7SXVSZ SRZ2& + 2#30#,_1UU0" '"V+ 2#30#,_1 1) 2--, Q 1) 2--, 3%TXVZ SRR2& #,'-0#,_1QWX2& #,'-0!-+#,_1 -7 *#%', Q#%', '"V 12#01VR& 3%TTSVTT V[2& !-+#,_1-1# -5* 7, 0--) Q--1#F 5 3%TTVVTW TS12 '6#"# + -*$ #,-1##Q #,-1## )# 2018 Provincial Championship Schedule Date Events Course/Community F3,#T[F3*7S SRR2&+ 2#30!-+#,_1WW2& #,'-0!-+#,_1 0 -0 #1-02Q* -5 F3*7[VSS XZ2&F3,'-0!-+#,_1[T," F3,'-0#,_1 --, )# Q 1) 2--, F3*7SYVS[ SRY2&+ 2#30#,_1UT," '"V+ 2#30#,_1 )-2 3,#1Q 1) 2--, F3*7TVVTX [[2& #,'-0#,_1S12 '"V 12#0#,_1VR& -*$ #,-1##Q #,-1## )# 3%312ZV[ VZ2&!-+#,_1-1# -5* & +.'-,1&'. '""#, '**1-$ &#** 0--) 3%312SZVS[ TR2&'6#"# + & +.'-,1&'. *)'"%##1-02 2018 Golf Canada and LPGA Championships Date Events Course/Community June 1-3 Future Links, driven by Acura Western Championship Highwood GCC, High River, AB June 15-17 Future Links, driven by Acura Prairie Championship Portage GC, Portage la Prairie, MB August 20-26 CP Women’s Open Wascana CC, Regina

Tournament Numbers Event 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 3 YR AVG +!-+#, S[ TT SU SR SX SS SR SW SW Z [ SR '"V+#, VZ YV YW WW Y[ UV XZ WR XW VZ F!-+#, SW ST [ Y [ Y SR SR Z SR SR [ F#, [S YX Y[ WX [U YX WU XR VT WU WW WR +#, '" SU[ SRR SXT SRZ Y[ X[ SRU ZU YW VT STV ZR !-+#, TT SY TT SV SX SS SX SW TU SW [ SX #, '" YU YT [Z YZ YS SRT YY WZ [X YV XS YY VR& !-+#,_1 UVUXVRTVURTZVZUZUXURTXUS -1# -5* '6#"# + [T ZZ SRT [X SSZ ZZ SRR SRX SRR SUX WZ [Z Participants 533 497 600 448 511 426 485 435 460 416 351 371

CHAMPIONSHIP NUMBERS AND SCHEDULE(S) UT

2018 PROVINCIAL CHAMPIONSHIPS REVIEW

100th SK Amateur Women's, Harbor GC & Resort: June 29 - July 1 Place Name Residence Member Club Rnd. 1 Rnd. 2 Rnd. 3 Total Overall +/- S 0* ",-)-, 1) 2--, 1) 2--, YT YZ YZ 228 &SW T &*-# '#1 #*4'**# #*4'**# YX YZ ZU 237 &TV T 0--)# '** #%', ! 1! , YX Y[ ZT 237 &TV V '+0-5, 1) 2--, 1)T3 *'!* 7#0 ZS YY Y[ 239 &TX W ** -8 ) -0)2-, ##0 0) YZ ZR ZW 243 &UR X ,, & ! #'* & 3, 4-, !'**-51 ZS YZ ZY 246 &UU Y 00'# + "#, 1) 2--, 1) 2--, ZY ZT ZY 256 &VU 0',!# Z 7* 5!&3) --)# ZS Z[ Z[ &VX * #02 256 �-,') [ '. 5', 4#0%0##, [V SRW [W &ZS 3!&1!�#0 294

Amateur Women's Team (4): 0* ",-)-,Q &*-# '#1Q0--)# '**Quota Spot: ** -8 )

55th SK Senior Women's, Harbor GC & Resort, Elbow: June 29- July 1 Place Name Residence Member Club Rnd. 1 Rnd. 2 Rnd. 3 Total Overall +/- F-V,,# S *-7"+',12#0 YX ZS ZR &TV !&'**#0# Lloydminster G & CC 237 T -0'#-7*# --1#F 5 Sask. Public Player YY ZR ZR 237 &TV U F3"7 #$2-, #*$-02 Melfort G & CC ZT ZR Y[ 241 &TZ V ,, '0)* ," 1) 2--, Saskatoon G & CC ZR ZX ZR 246 &UU W 3# )',,#0 -1#2-5, Rosetown G & CC ZW ZS ZU 249 &UX X - ',!2-, *-7"+',12#0 Lloydminster G & CC ZU ZT [S 256 &VU 30##, Y 1) 2--, The Legends GC ZZ ZY [W 270 &WY -5#0+ , & 0' Y -0172&#V 12#0& 87 Deer Park M GC [R ZZ [T 270 &WY -&+ [ ,%#* 0712 7 1) 2--, The Legends GC SRS [Z [Y 296 &ZU *Schiller won in playoff.

Senior Women's Team:F-V,,# !&'**#0Q- ',!2-,QF3"7 #$2-, Quota Spot: -2$'**#"

Age Division Winners Pre-Senior Champion – Not awarded Mae Balmos (60+ years of age) – Jo-Anne Schiller

UU 2018 PROVINCIAL CHAMPIONSHIPS REVIEW

68th SK Junior Women's, Moon Lake G & CC: July 9-11 Place Name Residence Member Club Rnd. 1 Rnd. 2 Rnd. 3 Total Overall +/- S 0--)*', 07 &#** )# Memorial Lake GC ZU ZU ZU 249 &UU T ** -8 ) -0)2-, Deer Park MGC ZZ YZ [V 260 &VV U 0 &0'#4# 1) 2--, Willows G & CC ZY ZV [R 261 &VW U 0#7!# , ##0& **#7 Deer Valley G & Estate ZV ZS [X 261 &VW W *#6 !&+'"2 #%', Royal Regina GC ZW ZZ [R 263 &VY X 7V7, !&+'"2 --1#F 5 Hillcrest GC ZY ZZ Z[ 264 &VZ Y 30#, -6 0#'%&2-, Sask. Public Player ZX ZX [Z 270 &WV Z 323+, #'18,#0 #%', Wascana CC SRR [[ SR[ 308 &[T �-,') [ '. 5', Evergreen GC [V [W STT 311 &[W 3!&1!�#0

Junior Women's Team: Brooklin Fry, Ella Kozak, Sarah Grieve Quota Spot: Carey McLean Age Division Winners:%S[ 0 &0'#4#Q%SW0--)*', 07Q%SU0--)*', 07

92nd SK Junior Men's, Moon Lake G & CC, Saskatoon, July 9-11 Rnd. Rnd. Overall Place Name Residence Member Club Rnd. 3 Total 1 2 +/- S F-1& %7 1) 2--, Riverside CC YX XZ Y[ 223 &Y T 0 "*#7-1#0 1) 2--, Riverside CC YX YS YY 224 &Z U -*# 0'%#5'21!& ##0& **#7 Deer Valley G & Estate Y[ YW YT 226 &SR Edmonton Petroleum V 0 "#, _0 "7 "+-,2-,Q*2 YX YT Y[ 227 &SS GCC W -* 7 0'#"0'!& 22*#$-0" North Battleford GCC YX YU Y[ 228 &ST X 2#4#,3!&1!� 1) 2--, Riverside CC YZ YY YW 230 &SV X -,,-0 !'11-,1 1) 2--, Sask. Public Player YS YY ZT 230 &SV Z 0-"712 !# ',"#01*#7 Sask. Public Player YY YX ZR 233 &SY [ ,"0#5 +. #** 1) 2--, Willows G&CC ZR YX ZS 237 &TS SR F )#0 0',!#* #02 Waskesiu GC ZR YY ZS 238 &TT SR -,,-0 2# ',"#01*#7 Sask. Public Player YW Y[ ZV 238 &TT SR " + 31*' #%', Royal Regina GC YU YY ZZ 238 &TT

Junior Men’s Team:Josh Nagy, Bradley Moser, Cole Obrigewitsch Quota Spot: -* 7 0'#"0'!& Age Division Winners: %S[F-1& %7%SW!'*** )#%SU # 2-, -2#%SRF 7"#, �,-$$

2018 PROVINCIAL CHAMPIONSHIPS REVIEW UV

107th SK Amateur Men's, Dakota Dunes GL, Dene F.N.: July 17-19 Rnd. Overall Place Name Residence Member Club Rnd. 2 Rnd. 3 Total 1 +/- S "#F-&,1-, -0)2-, Deer Park MGC YW XX XX 207 V[ T ')# #0.#0%#0 3+ -*"2 Humboldt GC YT YS XX 209 VY U 4'" 2#5 02 1) 2--, Saskatoon G & CC XZ X[ YU 210 VX V 7 +. #** 1) 2--, Riverside CC YS YV XY 212 VV V '!& #*& *) #"'!',# 2Q Coonaught YV YS XY 212 VV V ' + -302,#7 1) 2--, Riverside CC YS YT X[ 212 VV V F312',!--" %,'27 Riverside CC YS YT X[ 212 VV -+ , 1) 2--, Riverside CC V X[ YT YS 212 VV '++#0+ , [ F#&0#+77"# 12-, Riverside CC YT YR YS 213 VU SR ,,7 *3%& 02 0',!#* #02 Cooke MGC YS YS YT 214 VT

Amateur Men's Team: "#F-&,1-,Q'!& #* #0.#0%#0Q ," 4'" 2#5 02 Quota Spots: & 3,3,.&7Q7 +. #**QF312',!--"Q-+ ,'++#0+ ,Q #'%&2-,! Q ,"' + -302,#7

32nd SK Mid-Amateur Men's, Dakota Dunes GL, Dene F.N.: July 17-19 Place Name Residence Member Club Rnd. 1 Rnd. 2 Rnd. 3 Total Overall +/- 1 ')# #0.#0%#0 3+ -*"2 Humboldt GC YT YS XX 209 VY 2 4'" 2#5 02 1) 2--, Saskatoon G &CC XZ X[ YU 210 VX 3 F#&0#+77"# 12-, Riverside CC YT YR YS 213 VU 4 ,,7 *3%& 02 0',!#* #02 Cooke MGC YS YS YT 214 VT 5 , + #02 *% 07Q Sirocco GC YV X[ YV 217 &S T6 7*-0$1#2& 1) 2--, Saskatoon G&CC YV YT YT 218 &T T6 & 3,3,.&7 1) 2--, Saskatoon G&CC YT YT YV 218 &T T6 '2!& 2'!&3) #*4'**# Melville RP GC YT YS YW 218 &T T9 & 5,! ** #%', Royal Regina GC YT YW YT 219 &U T9 7*#0 0 ,) 1) 2--, Saskatoon G & CC YV YU YT 219 &U T9 0#22 #,07 0',!#* #02 Shellbrook GC YS YV YV 219 &U T9 !-22&-+.1-, 2T! * 30% Sask. Public Player YV X[ YX 219 &U

Mid-Amateur Men’s Team (3):Mike Herperger, David Stewart, Mitch Matichuk Quota Spots (10): Shaun Dunphy, Shawn McNall, Travis Fifi, Brett Henry, Colin Coben, Brad Phelps, Ken Rodgers, Scott Thompson, Jason Mohr, and Taylor Afseth

99th SK Senior Men's & Mid-Masters, Golf Kenosee, Kenosee Lake: July 24-26 Place Name Residence Member Club Rnd. 1 Rnd. 2 Rnd. 3 Total Overall +/- S '!) ** #0% !#7 30, Golf Kenosee YV YX YY 227 &SS T #,-"%#01 #%', Royal Regina GC YU YX ZS 230 &SV T -,730 7 1) 2--, Saskatoon G & CC YY YX YY 230 &SV V #'2& '*4#0, %*# '%% 0 Sask. Public Player YW YZ YZ 231 &SW W -3% -8 ) #%', Tor Hill GC YW YZ Y[ 232 &SX X -*', - #, #*'1*# Valleyview GC YX ZS YZ 235 &S[ Y &3!) ',15-02& 1) 2--, Saskatoon G & CC ZS ZR YY 238 &TT UW 2018 PROVINCIAL CHAMPIONSHIPS REVIEW

Z 23,,#1 #%', Sask. Public Player Y[ YX ZW 240 &TV -02& [ 4#!'*1-, North Battleford GCC ZT ZS YZ 241 &TW 22*#$-0" [ ')#7 , #%', Echo Ridge GC Y[ Y[ ZU 241 &TW

Senior Men's Team:'!) ** #0%Q #,-"%#01Q ,"-,730 7 Quota SpotS -*', - #,Q #'2& '*4#0, %*#Q ," 23,,#1

Age Division Winners Mid-Maters Champion (40 +) – Jason Mohr Super Senior Champion (65-74 years of age) – Keith Silvernagle

48th SK Women's Rosebowl, Hidden Hills of Shellbrook, Shellbrook: Aug 8-9 Place Name Residence Member Club Rnd. 1 Rnd. 2 Total Overall +/- 0'#! !&,- !7,7 0" 1 Wynyard GC WZ WZ SSX VTZ &#'* -.-5'!& !7,7 0" * 50#,!# !7,7 0" 2 Wynyard GC XR WZ SSZ VTX '," -)3* !7,7 0" #07*- ',1-, 0#,$#** 3 Katepwa Beach GC XR W[ SS[ VTW -,, ! 3%&2-, -02O3_..#**# 20'!' 0 22 # 0#2 4 Katepwa Beach GC XU W[ STT VTT 0-*! *1& #%', F3*' ',% !7,7 0" 5 Wynyard GC XV W[ STU VTS ! ," 5# 2+ , ! "#,

48th Saskatchewan Women’s Rosebowl ChampionsS 0'#! !&,- ," &#'* -.-5'!&

20th SK Mixed Team, Elk Ridge Resort, Waskesiu Lake: Aug 18-19 Place Name Residence Member Club Rnd. 1 Rnd. 2 Total Overall +/- , 0-!/3# Saskatoon The Willows G & CC 1 70 68 138 -4 2&7Y'%*- Saskatoon Saskatoon G & CC 0#,2!-27.) Swift Current Chinook Players Club 2 70 74 144 E 2&7 -.$,#0 Swift Current Chinook Players Club -07 5!&3) Prince Albert Candle Lake GR 3 75 70 145 +1 7* 5!&3) Prince Albert Cooke Municipal GC 7+-," 0'#,)# Kelvington Kelvington GC T4 77 72 149 +5 #**7 0'#,)# Kelvington Kelvington GC 0-,- ',1-, Saskatoon Saskatoon G & CC T4 74 75 149 +5 2#- ',1-, Saskatoon Willows G & CC

20th Saskatchewan Mixed Team ChampionsS 2&7Y'%*- ," , 0-!/3#

S ST -0 !-+.*#2#*'12-$-*$ 1) 2! , & +.'-,1&'.1!-0#1Q.*# 1#4'1'2-305# 1'2# 2 2&#$-**-5',%*',)&22.S %-*$1 1) 2! ,T-0% !-+.#2'2'-,1 ,"!*'!)-,2&# 322-,T

2018 PROVINCIAL CHAMPIONSHIPS REVIEW UX

2018 GOLF CANADA NATIONAL/REGIONAL REVIEW

Future Links Western Championship – Junior Boys High Wood Golf & Country Club, High River, Alta.: June 1-3 Place Name Residence Rounds Total [ 0 "*#7-1#0 1) 2--, YSVYRVYW 216 UT 2#4#,3!&1!� 1) 2--, YZVYSVZU 232 VV ,"0#5 +. #** 1) 2--, YZVYYVZT 237

Future Links Western Championship – Junior Girls High Wood Golf & Country Club, High River, Alta.: June 1-3 Place Name Residence Rounds Total SZ ** -8 ) -0)2-, Z[VZVVZT 255

Future Links Prairie – Junior Boys Portage Golf Club, Portage la Prairie, Man.: June 15-17 Place Name Residence Rounds Total T 0 "*#7-1#0 1) 2--, YSVYSVX[ 211 Z 2#4#,3!&1!� 1) 2--, YTVYVVYY 222 [ ,"0#5 +. #** 1) 2--, YVVYUVYX 223 ST F-1& %7 1) 2--, YZVYYVYU 228 SV -*# 0'%#5'21!& ##0& **#7 YYVYSVZU 231 TT F !# 0*'1*# 12#4 , YYVYYVZS 235 TU -*# %7 1) 2--, YZVZRVY[ 237 TX F !- 7"" #%', ZRVZVVYZ 242

UY 2018 GOLF CANADA NATIONAL/REGIONAL REVIEW

Canadian Women's Amateur Marine Drive Golf Club, Vancouver, B.C.: July 24-27

Place Name Residence Rounds Total 0* ",-)-, 1) 2--, YZVZR 158 0--)# '** #%', ZVVZX 170 &*-# '#1 #*4'**# ZZVZZ 176 ** -8 ) -0)2-, [YV[U 190 5th Team Result 162-166 328

2018 GOLF CANADA NATIONAL/REGIONAL REVIEW UZ

Canadian Junior Boys Medicine Hat GCC, Medicine Hat, Alta.: July 31-Aug. 2

Place Name Residence Rounds Total YS12 -* 7 0'#"0'!& 22*#$-0" YYVYUVYZVZT 310 0 "*#7-1#0 1) 2--, Y[VYY 156 F-1& %7 1) 2--, Y[VZT 161 -*# 0'%#5'21!& ##0& **#7 ZTVZT 164 10th Team Result 158-159 317

Canadian Junior Girls Beach Grove Golf Club, Tsawwassen, B.C.: Aug. 1-4

Place Name Residence Rounds Total 0--)*', 07 &#** )# Z[V[U 182 0 &0'#4# 1) 2--, [UV[W 188 0#7!# , ##0& **#7 [UV[X 189 ** -8 ) -0)2-, [VVSRU 197 8th Team Result 182-188 370

U[ 2018 GOLF CANADA NATIONAL/REGIONAL REVIEW

Canadian Men's Amateur Duncan Meadows GG; Pheasant Glen Golf Resort, Duncan, B.C.: Aug. 6-9 Note: the Canadian Men’s Amateur is a field size of 244 competitors

Place Name Residence Rounds Total WX2& "#F-&,1-, -0)2-, YUVYSVXYVYX 287 YS2& & 3,3,.&7 1) 2--, X[VYXVYXVZR 301 7 +. #** 1) 2--, YZVX[ 147 4'" 2#5 02 1) 2--, YXVYX 152 -+ ,'++#0+ , 1) 2--, ZWVYU 158 '!& #* #0.#0%#0 3+ -*"2 Y[VZS 160 ' + -302,#7 1) 2--, ZSVZS 162 #'%&2-,! 1) 2--, ZWVZX 171 5th Willingdon Cup Results 149-147 296

2018 GOLF CANADA NATIONAL/REGIONAL REVIEW VR

Canadian Men's Mid-Amateur Victoria Golf Club, Victoria, B.C.: Aug. 21-24

Place Name Residence Rounds Total SS '!& #* #0.#0%#0 3+ -*"2 YWVYSVYTVX[ 287 TZ & 5,! ** #%', Y[VYRVYUVYS 293 VV 0 4'1 '$' #%', YTVXYVZSVYX 296 VV 0#22 #,07 0',!#* #02 YUVYUVYSVY[ 296 XR & 3,3,.&7 1) 2--, YYVYTVYXVYY 302 4'" 2#5 02 1) 2--, YTVZS 153 -*', - #, #*'1*# YXVY[ 155 '2!&#** 2'!&3) #*4'**# YYVY[ 156 0 "&#*.1 1) 2--, YYVZR 157 #,-"%#01 #%', ZSVYY 158 !-22&-+.1-, 2T! * 30% ZSVZS 162 F 1-,-&0 0*7*# ZWVZR 165 7*-0$1#2& 1) 2--, ZWVZX 171 6th Team Result 147-150 297

VS 2018 GOLF CANADA NATIONAL/REGIONAL REVIEW

Canadian Women's Senior Lookout Point County Club, Thornhill, Ont.: Aug. 28-30

Place Name Residence Rounds Total F-V,,# !&'**#0 *-7"+',12#0 [UV[X 189 - ',!2-, *-7"+',12#0 SRTVZZ 190 F3"7 #$2-, *-7"+',12#0 [TV[[ 191 9th Team Results 192-180 372

Canadian Men's Senior Gowan Brae Golf Club, Bathurst, N.B.: Sept. 4-7

Place Name Residence Rounds Total TT '!) ** #0% !#7 30, YVVYUVYZVY[ URV VU #,-"%#01 #%', YVVYZVZRVYW URY XS -*', - #, #*'1*# ZSVYWVYZVYY USS -,730 7 1) 2--, ZRVY[ SW[ 23,,#1 #%', ZXVZU SX[ #'2& '*4#0, %*# 3.#0 #,'-01 '%% 0 ZTVZZ SYR 4th Team Result 148-151 299 2018 GOLF CANADA NATIONAL/REGIONAL REVIEW VT

Financial Statements of

Saskatchewan Golf Association Inc. operating as Golf Saskatchewan

December 31, 2018 MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL STATEMENTS

The accompanying financial statements of Saskatchewan Golf Association Inc. operating as Golf Saskatchewan have been prepared by the Association's management in accordance with Canadian accounting standards for not-for profit organizations and necessarily include some amounts based on informed judgment and management estimates.

To assist management in fulfilling its responsibilities, a system of internal controls has been established to provide reasonable assurance that the financial statements are accurate and reliable and that assets are safeguarded.

The board of directors has reviewed and approved these financial statements.

These financial statements have been examined by the independent auditors, Virtus Group LLP, and their report is presented separately.

______Executive Director President INDEPENDENT AUDITORS' REPORT

To the Members, Golf Saskatchewan

Opinion We have audited the accompanying financial statements of Saskatchewan Golf Association Inc. operating as Golf Saskatchewan which comprise the statement of financial position as at December 31, 2018, and the statements of operations, changes in net assets and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

In our opinion, these financial statements present fairly, in all material respects, the financial position of the Association as at December 31, 2018 and the results of its operations and its cash flows for the year then ended in accordance with Canadian accounting standards for not-for-profit organizations.

Basis for Opinion We conducted our audit in accordance with Canadian generally accepted auditing standards. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Association in accordance with the ethical requirements that are relevant to our audit of the financial statements in Saskatchewan, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Information Other than the Financial Statements and Auditors' Report Thereon Management is responsible for the other information. The other information comprises the information included in the annual report but does not include the financial statements and our auditors' report thereon. The annual report is expected to be made available to us after the date of this auditors' report.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information identified above when it becomes available and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially misstated.

When we read the annual report, if we conclude that there is a material misstatement therein, we are required to communicate the matter to those charged with governance.

Responsibilities of Management and Those Charged with Governance for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Association’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Association or to cease operations, or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Association 's financial reporting process.

SASKATOON REGINA ESTEVAN Suite 200 - 157 2nd Ave North | Saskatoon, SK S7K 2A9 Suite 200 - 2208 Scarth Street | Regina, SK S4P 2J6 1210 4th Street | Estevan, SK S4A 0W9 t. 306-653-6100 e. [email protected] t. 306-522-6500 e. [email protected] t. 306-634-6806 e. [email protected] INDEPENDENT AUDITORS' REPORT continued

Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Canadian generally accepted auditing standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with Canadian generally accepted auditing standards, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association's internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. • Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Association's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Association to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. • We communicate with those charged with governance regarding, among other matters, the planned scope and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

March 27, 2019 Regina, Saskatchewan Chartered Professional Accountants GOLF SASKATCHEWAN STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2018 (with comparative figures for 2017)

2018 2017

Assets Current Cash $250,960 $ 296,246 Accounts receivable 30,907 11,741 Inventory 16,540 11,724 298,407 319,711

Long Term Tangible capital assets (Note 3) 19,169 27,477 Investments (Note 4) 412,136 423,818 431,305 451,295

$729,712 $ 771,006

Liabilities Current Accounts payable and accrued liabilities$ 26,292 $ 15,487 Deferred revenue (Note 6) 214,938 212,311 241,230 227,798

Net Assets Invested in tangible capital assets 19,169 27,477 Internally restricted for Golf Hall of Fame 12,677 11,686 Unrestricted surplus 456,636 504,045 488,482 543,208

$729,712 $ 771,006 See accompanying notes to the financial statements

Approved on behalf of the Board of Directors:

______

- 1 - GOLF SASKATCHEWAN STATEMENT OF CHANGES IN NET ASSETS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

Invested Internally in tangible restricted for Golf Unrestricted Total Total capital assets Hall of Fame surplus 2018 2017

Balance - beginning of year $27,477 $ 11,686 $ 504,045 $ 543,208 $ 550,932

Excess (deficiency) of revenue over expenses - 991 (55,717) (54,726) (7,724)

Amortization of tangible capital assets (8,308) - 8,308 - -

Balance - end of year $19,169 $ 12,677 $ 456,636 $ 488,482 $ 543,208 See accompanying notes to the financial statements

- 2 - GOLF SASKATCHEWAN STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017

Revenue Saskatchewan Lotteries Trust Fund, Sport Division (Schedule 1)$ 308,800 $ 307,400 Self Help (Schedule 2) 492,427 475,138 Tournaments and competitions 74,175 79,360 Unrealized gain (loss) on market value of investments (17,119) 465 Investment income 8,201 7,536 Realized gain on sale of investments (1,690) 3,214 Saskatchewan Golf Hall of Fame 9,074 10,213

873,868 883,326

Expenses Administration (Schedule 3) 372,634 320,542 Capacity and Interaction (Schedule 4) 75,137 49,880 Participation and Interaction (Schedule 5) 103,125 106,284 Excellence (Schedule 6) 62,580 121,891 Membership Assistance Program (Schedule 7) 99,450 95,500 Charitable events 16,143 3,000 National fees 191,442 183,534 Saskatchewan Golf Hall of Fame 8,083 10,419

928,594 891,050

Excess (deficiency) of revenue over expenses $(54,726) $ (7,724) See accompanying notes to the financial statements

- 3 - GOLF SASKATCHEWAN STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017

Cash provided by (used in) operating activities: Excess (deficiency) of revenue over expenses$ (54,726) $ (7,724) Amortization 8,308 8,345 (46,418) 621 Changes in working capital accounts Accounts receivable (19,166) 242 Inventory (4,816) 9,036 Accounts payable 10,805 (1,197) Deferred revenue 2,627 6,300

(56,968) 15,002

Cash provided by (used in) investing activities: Purchase of tangible capital assets - (16,720) Net (purchase) redemption of investments 14,647 (24,611) Decrease (increase) in market value of investments (2,965) 13,437

11,682 (27,894)

Change in cash during the year (45,286) (12,892)

Cash - beginning of year 296,246 309,138

Cash - end of year $250,960 $ 296,246 See accompanying notes to the financial statements

- 4 - GOLF SASKATCHEWAN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

1. Description of operations

Saskatchewan Golf Association Inc. (“Golf Saskatchewan” or the “Association”) was incorporated under the Non-profit Corporations Act, 1995 of Saskatchewan. The Association promotes and coordinates amateur golf in the province of Saskatchewan. The Association is exempt from income taxes under Section 149(1)(l) of the Income Tax Act.

2. Summary of significant accounting policies

The financial statements required management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the period. These estimates are reviewed periodically, and, as adjustments become necessary, they are reported in earnings in the period in which they become known. These financial statements have been prepared in accordance with Canadian accounting standards for not-for-profit organizations. The financial statements reflect the following policies:

Financial instruments – recognition and measurement

Financial assets and financial liabilities are recorded on the statement of financial position when the Association becomes party to the contractual provisions of the financial instrument. All financial instruments are required to be recognized at fair value upon initial recognition, except for certain related party transactions. All other financial assets, except for investments, and financial liabilities are subsequently measured at amortized cost adjusted by transaction costs, which are amortized over the expected life of the instrument. Investments are measured at fair value.

Fair value is the amount at which a financial instrument could be exchanged at arm's length between willing, unrelated parties in an open market. Changes in fair values of financial assets and financial liabilities measured at fair value are recognized in excess of revenues over expenses.

When there is an indication of impairment and such impairment is determined to have occurred, the carrying amount of financial assets measured at amortized cost is reduced to the greater of the discounted cash flows expected or the proceeds that could be realized from sale of the financial asset. Such impairments can be subsequently reversed if the value subsequently improves.

Inventory

Inventory is recorded at the lower of cost and net realizable value. Cost is determined based on the weighted average method.

Tangible capital assets

Tangible capital assets are recorded at cost less accumulated amortization. Amortization is provided on a declining balance basis over the estimated useful life of the assets at the following annual rates:

Computers 40% Equipment 30% Furniture & fixtures 30%

- 5 - GOLF SASKATCHEWAN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2. Summary of significant accounting policies (continued)

Funds

The Golf Hall of Fame fund is an internally restricted fund established to hold funds raised in support of a Saskatchewan golf hall of fame.

Revenue recognition

The Organization follows the deferral method of accounting for contributions. Restricted contributions are recognized as revenue in the year in which related expenses are incurred. Unrestricted contributions are recognized as revenue when received or receivable, if the amount can be reasonably estimated and collections are assured. Revenues received from the Saskatchewan Lotteries Trust Fund for Sport, Culture and Recreation are recorded as revenue in year to which the funding relates. Investment revenue is recognized as it is earned.

Donations in kind

Donations of material and services are recorded at fair market value when received if the amount can be reasonably estimated and would otherwise have been purchased.

Contributed services

The work of Golf Saskatchewan is dependent on the services of many volunteers at amateur events as well as for the governance council and various committees. Since these services are not normally purchased and because of the difficulty in determining their fair value, donated services are not recorded in the statement of operations.

3. Tangible capital assets

2018 2017 Accumulated Net book Net book Cost Amortization value value Computer$41,009 41,394 $385$$ 641 Office equipment 17,771 17,503 268 384 Equipment 58,764 40,248 18,516 26,452

$98,760117,929 $19,169$$ 27,477

- 6 - GOLF SASKATCHEWAN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

4. Investments 2018 2017 RBC A+ Unified Managed Account$ 403,348 $ 415,507 Sport Legacy Fund investment (Note 5) 4,565 4,343 Cash surrender value of life insurance policy 4,223 3,968

Total long term investments$ 412,136 $ 423,818

The RBC A+ Unified Managed Account is a structure which provides access to multiple investment managers within one account. The asset allocation of the account is set at 45% equities and 55% fixed income, with an emphasis on high quality securities, income generation, downside protection and capital preservation.

At December 31, 2018, the asset allocation in the account was $15,929 in cash, $220,479 in fixed income and $166,940 in equities.

At December 31, 2017, the asset allocation in the account was $15,108 in cash, $218,106 in fixed income and $182,293 in equities.

5. Sport Legacy Fund

The cash surrender value of the life insurance policy and investment in the Sport Legacy Fund consists of donations based on various programs and contributions by Sask Sport. These amounts are recorded as deferred revenue until amounts have been received. To qualify for an additional contribution by Sask Sport Inc., the Association is required to leave the original amount and any additional donations in the Legacy Fund for a minimum of five years.

6. Deferred revenue

During 2018, the Association received $206,150 from the Saskatchewan Lotteries Trust Fund for expenses which will occur in the following fiscal year (2017 – $204,000). Deferred revenue includes the funds invested with the Sport Legacy Fund of $8,788 (2017 – $8,311).

7. Economic dependence

Golf Saskatchewan currently receives revenue in grants from Saskatchewan Lotteries Trust Fund for Sport, Culture and Recreation. As a result, the Association is dependent upon the continuance of these grants to maintain operations at their current level.

8. Financial Instruments

The Association recognized financial instruments consist of cash, accounts receivable, accounts payable and accrued liabilities and investments. The fair value of cash, accounts receivable, accounts payable and accrued liabilities and investments, approximate their carrying value given the short-term nature of the amounts.

- 7 - GOLF SASKATCHEWAN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

9. Financial risk management

The significant financial risks to which the Association is exposed are:

Credit risk Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. The Association is exposed to credit risk on the accounts receivable from its customers, however, does not have a significant exposure to any individual customer or member. The Association incurred $3,845 in bad debt expense in the current year (2017 - $860). The Association’s customers are mainly members of the Association.

Liquidity risk Liquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities. The Association’s exposure to liquidity risk is dependent on the receipt of funds from its operations and other related sources. Funds from these sources are primarily used to finance working capital and capital expenditure requirements and are considered adequate to meet the Association’s financial obligations.

Price risk Price risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. The Associations investments in publically traded securities expose the Association to market price risk as such investments are subject to price changes in the open market. The Association does not use any derivative financial instruments to alter the effects of this risk.

10. Contributed materials

During the year the Association received donated golf products estimated to be valued at $20,000.

11. Comparative figures

Certain comparative figures have been reclassified to conform with the presentation in the current year.

- 8 - GOLF SASKATCHEWAN Schedule of Revenue FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017

Schedule 1 - Saskatchewan Lotteries Trust Fund, Sport Division Annual funding$ 209,600 $ 203,400 Membership Assistance Program (Schedule 7) 99,200 96,500 Hosting - Regional - 7,500

$308,800 $ 307,400

Schedule 2 - Self Help Internal Membership fees$ 394,088 $ 383,538 Camp and clinic fees 3,000 35,656

External Fundraising, sponsorship and donation(s) 68,609 15,501 Golf Canada grant(s) 16,411 20,247 Jeux Canada Games Foundation - 5,000 Merchandise sales 2,683 4,460 Other grants 7,636 10,736

$492,427 $ 475,138

- 9 - GOLF SASKATCHEWAN Schedule of Expenses FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017 Schedule 3 - Administration Audit, accounting and legal$ 16,681 $ 16,398 Bank charges and interest 7,289 8,830 Cost of goods sold 2,380 - Amortization 8,308 8,345 Insurance 1,947 1,549 Office operations: Bad debt 3,845 860 Computer and website 2,841 2,392 Phone 7,813 6,806 Postage 3,274 2,175 Printing and photocopying 1,197 232 Rent 16,599 13,647 Supplies 1,368 1,102 Professional development 2,917 4,121 Staff salaries and benefits 296,175 254,085

$372,634 $ 320,542

Schedule 4 - Capacity and Interaction Awards and recognition$ 7,581 $ 6,635 Marketing and promotions 49,886 18,869 Meetings 14,777 23,805 Volunteer clothing 2,893 571

$75,137 $ 49,880

- 10 - GOLF SASKATCHEWAN Schedule of Expenses FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017

Schedule 5 - Participation and Interaction Athlete development Competition$ 76,043 $ 77,712 Introductory programs 5,826 3,773 Coaches development Introductory clinics and coach professional development - 1,587 Officials development Course rating, handicap, rules 21,256 23,212

$103,125 $ 106,284

Schedule 6 - Excellence Athlete development Athlete assistance and national championships$ 48,763 $ 70,160 Multi sport games 417 6,721 Scholarships 7,800 4,400 Training 847 27,671 Coaching and coach development Professional development 3,797 5,447 Official development 956 7,492

$62,580 $ 121,891

- 11 - GOLF SASKATCHEWAN Schedule of Expenses FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017 Schedule 7 - Membership Assistance Payments Bengough Regional Park Golf Club$ 250 $ 500 Birch Hills Golf Club 925 - Candle Lake Golf Resort 619 750 Canwood Pines Golf Club 250 500 Carlton Trail Regional Park 500 500 Carlyle Town & Country Golf Club 500 - Carnduff Golf Club 1,661 1,500 Chinook Golf Course 995 920 Cooke Municipal Golf Course 2,334 1,825 Coronach Golf Club - 500 Dakota Dunes Golf Links 600 1,141 Deer Park Municipal Golf Course 2,443 2,730 Deer Ridge Golf Club - 415 Deer Valley Golf & Estates 1,555 1,750 Eagle Point Resort 250 - Echo Ridge Golf Course 500 500 Elk Ridge Resort 945 1,500 Elmwood Golf & Country Club 3,079 4,000 Eston Riverside Golf Club 375 - Evergreen Golf Club 1,505 2,000 Fairview Fairways Golf Club 250 750 Flowing Springs Golf Greens 500 - Foam Lake Golf & Country Club 250 - Golf Kenosee 1,363 1,000 Good Spirit Golf Resort - 500 Green Acres Golf & Country Club 1,237 485 Greenbryre Country Club 450 293 Greenhills Golf Resort - 500 Harbor Golf Club & Resort 1,395 4,125 Hidden Hills of Shellbrook Golf Course 1,396 1,827 Hillcrest Golf Club 2,442 1,500 Holiday Park Golf Course and Men's Club 484 2,089 Holiday Park Ladies Golf Club 1,814 - Humboldt Golf Club 459 675 Indian Head Golf & Country Club 1,271 1,336 Joanne Goulet Players Club 1,588 1,650 Katepwa Beach Golf Club 1,062 1,500 Kelvington Golf Club - 750 Kindersley Golf Course - 500 Lanigan Golf and Country Club - 500 Lloydminster Golf & Curling Centre 2,894 4,000 Long Creek Golf & Country Club 250 - Long Creek Ladies Golf Club 785 725 Lynbrook Golf & Country Club 2,769 3,425 Mainprize Regional Park Golf Course 1,085 - Manitou Beach Golf Club 250 500 Maple Creek Golf Club 1,485 1,141 McNab Regional Park Golf Club 250 500

- 12 - GOLF SASKATCHEWAN Schedule of Expenses FOR THE YEAR ENDED DECEMBER 31, 2018 (with comparative figures for the year ended December 31, 2017)

2018 2017

Schedule 7 - Membership Assistance Payments (continued)

Melfort Golf & Country Club$ 1,200 $ 1,200 Melville Golf & Country Club 500 500 Memorial Lake Regional Park Club 250 - Mervin & District Golf Club 1,179 730 Moonlake Golf & Country Club 1,438 2,651 Murray Men's Golf Club - 888 Murray Women's Golf Club 673 470 North Battleford Golf & Country Club 2,359 2,000 Outlook Riverview Golf Club 760 - Pasquia Golf Club 250 500 Pipestone Hills Golf Club 2,296 - Ponteix Golf Club 942 750 Redvers & District Golf and CC 500 - Regina Beach Golf Course 500 490 Regina Beach Ladies and Men's Golf Club 800 800 Riverside Country Club 2,000 - Rock Creek Golf & Country Club 716 500 Rolling Pines Golf & Country Resort 630 263 Rosetown Golf & Country Club 1,335 1,441 Royal Regina Golf Club 6,251 4,500 Sandy Beach Regional Park & Golf Course 250 500 Saskatoon Golf & Country Club 4,000 3,100 Shields Golf Course 275 - Silver Lake Golf Club 250 - Silverwood Golf Club 250 400 Spiritwood Golf Club 735 2,140 St. Brieux Regional Park Golf Course 727 - The Creek Golf Club 250 500 The Legends Golf Club 2,627 1,485 Thomson Lake Regional Park Golf Course 459 780 Tisdale Riverside Golf Club 250 - Tor Hill Ladies Golf Club 1,329 1,500 Tor Hill Men's Golf Club 470 - TS&M Woodlawn Golf Club 3,916 2,200 Valley Regional Park Golf Club - 385 Valleyview Delisle Golf & Country Club 936 950 Wakaw Lake Golf Club 568 750 Wascana Country Club 2,000 3,000 Waskesiu Golf Course 1,279 1,025 Weyburn Golf Club 1,200 800 Wildwood Golf Course 3,964 4,000 Wilow Bunch Golf Course - 500 Willows Golf & Country Club 3,120 2,000 Wynyard Golf Club 751 - York Lake Golf & Country Club 250 500

$99,450 $ 95,500

- 13 - Anna Young & Danny Klughart

Bobbi Brandon 510 Cynthia Street Saskatoon, SK S7L 7K7 Tel (306) 975-0850 | Fax (306) 975-0840 Email: [email protected] Website: www.golfsaskatchewan.org