2024-11-15T13:18:57-06:00 2023-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2023-01-01 941140468 GREEN VALLEY COUNTRY CLUB GREE 7078641101 35 COUNTRY CLUB DR FAIRFIELD CA 945341305 MARC GREEN GENERAL MANAGER 7078641101 2024-11-15 1 1 SCOTT WATTERS P01246213 4082877911 2023 2024-10-15 13:58:12Z CONNIE KLIMISCH 35 COUNTRY CLUB DR FAIRFIELD CA 945341305 7573974 0 X WWW.GREENVALLEYCC.COM X 1950 CA TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 159 45 373935 22293 0 0 4050982 4321107 2335 26896 2267378 2112061 6320695 6460064 0 0 0 0 3735963 3959408 0 0 0 2456291 2584337 6192254 6543745 128441 -83681 7783278 9359901 1779606 3439910 6003672 5919991 X THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED & OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS. 0 0 SOCIAL AND RECREATIONAL PROGRAMS. SEE ORGANIZATION'S MISSION STATEMENT. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 159 1 1 1 0 0 0 0 225375 525220 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 1 0 1 1 0 X MARC GREEN 7078641101 35 COUNTRY CLUB DR FAIRFIELD CA 945341305 MICHAEL COAN SECRETARY 2.00 X X 0 0 0 SALVATORE NEVIGATO VICE PRESIDENT 2.00 X X 0 0 0 MARK BRYGGMAN DIRECTOR 1.00 X 0 0 0 JON EMERSON DIRECTOR 1.00 X 0 0 0 ERIC TRETTEN TREASURER 2.00 X X 0 0 0 JENNIFER SHINAR DIRECTOR 1.00 X 0 0 0 MISSY MARSHALL DIRECTOR 1.00 X 0 0 0 MIKE SOLDATI DIRECTOR 1.00 X 0 0 0 CONNIE KLIMISCH PRESIDENT 2.00 X X 0 0 0 MARC GREEN GENERAL MANAGER 40.00 X 141222 0 14929 MARK SHERMAN HEAD GOLF PROFESSIONAL 40.00 X 117959 0 10127 STEPHEN DEVRIES HEAD TENNIS PROFESSIONAL 40.00 X 116403 0 10942 LISA SOTTANA MEMBERSHIP DIRECTOR 40.00 X 118421 0 20289 DAN QUINN GOLF COURSE SUPERINTENDENT 40.00 X 136369 0 2479 630374 0 58766 5 0 1 0 0 MEMBERSHIP DUES 713910 3592895 3592895 GOLF CART 713910 370672 370672 GREEN AND GUEST FEES 713910 197503 71436 126067 TENNIS, POOL & LOCKER ROOM 713910 133097 81888 51209 BOCCE BALL - LEAGUE FEES 713910 26940 26940 4321107 26896 26896 2231709 1113910 1117799 948036 169763 ASSESSMENT 721110 750674 750674 TRANSFER FEES 721110 225375 225375 OTHER REVENUE 713910 18213 18213 994262 6460064 6086129 373935 0 X 156151 3090980 42984 384112 285181 62414 588161 163749 FOOD & BEVERAGE 379058 GENERAL & ADMIN 339262 GOLF COURSE 333358 CLUBHOUSE 310765 407570 6543745 89217 104601 1145512 1432786 776488 751211 261800 304353 172234 103492 15165757 9948752 3989989 5217005 1348038 1446453 7783278 9359901 545522 532216 370996 429394 353099 1902912 509989 575388 1779606 3439910 X 6003672 5919991 6003672 5919991 7783278 9359901 -83681 0 X X 1 X 0 1 0 80090 80090 8988925 5175952 3812973 3439135 2267938 1171197 2657607 2504862 152745 5217005 OPERATING SUPPLIES 10000 WORK IN PROGRESS 1285637 RIGHT OF USE ASSETS OPERATING LEASES, NET 150816 1446453 725 DEPOSITS 33100 OPERATING LEASE OBLIGATIONS 150816 FINANCE LEASE OBLIGATIONS 321907 CURRENT PORTION NOTE PAYABLE 68840 575388 X 7573974 1113910 1113910 6460064 0 6460064 7657655 1113910 1113910 6543745 0 6543745 PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES ALL POSITIONS TAKEN BY THE CLUB ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION FOR ALL OPEN TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,113,910. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,113,910. X X X 0 0 0 MARC GREEN GENERAL MANAGER 141222 0 0 0 0 0 0 0 14929 0 156151 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - INDIVIDUALS PURCHASE MEMBERSHIP TO THE CLUB AND ARE CHARGED DUES MONTHLY FOR CONTINUED MEMBERSHIP. PROPRIETARY MEMBERS ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - VOTING MEMBERS OF THE CLUB ELECT THREE NEW BOARD MEMBERS ANNUALLY. THE BOARD OF DIRECTORS ACTS ON BEHALF OF THE MEMBERS IN SETTING POLICY. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - THE FOLLOWING ACTIONS MAY BE TAKEN ONLY ON APPROVAL OF A MAJORITY OF ALL VOTING MEMBERS: * REMOVAL OF A DIRECTOR WITHOUT CAUSE * FILLING VACANCIES ON THE BOARD * AMENDMENTS TO THE ARTICLES OF INCORPORATION * CHANGES TO THE MAXIMUM NUMBER OF MEMBERS OR CLASSES OF MEMBERSHIP * APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING AN INTERESTED PARTY * SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS * DISSOLUTION OF THE CLUB THE FOLLOWING ACTIONS MAY BE TAKEN ONLY ON APPROVAL OF A MAJORITY OF AT LEAST HALF OF THE VOTING MEMBERS: * CAPITAL ASSESSMENTS GREATER THAN $100,000 IN ANY YEAR * ADDITIONAL DEBT GREATER THAN $100,000 IN ANY YEAR * ANY ACTION MATERIALLY OR ADVERSELY AFFECTING THE RIGHTS OF THE MEMBERS * ADJUSTING EITHER THE NUMBER OR TERM OF THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE FORM 990 RETURN IS REVIEWED AND AGREED TO THE FINANCIAL STATEMENTS BY THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL REVIEW IS PERFORMED BY THE GENERAL MANAGER AND THE EXECUTIVE COMMITTEE, WITH INPUT FROM THE BOARD OF DIRECTORS. COMPENSATION IS COMPARED WITH SIMILAR POSITIONS AT LIKE ORGANIZATIONS FOR EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E TENNIS, POOL & LOCKER 197,373. GOLF CART 92,971. PROPERTY TAXES 84,600. GOLF SHOP 32,626. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS DURING THE TAX YEAR.