2024-08-14T12:14:09-05:00 2023-09-30 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2022-10-01 860107268 PARADISE VALLEY COUNTRY CLUB INC PARA 6028408100 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 DAVID BECKHAM TREASURER 6028408100 2024-08-13 1 0 BRENDA ANN BLUNT CPA P00075126 4803151040 2024-08-13 2022 2024-08-08 14:25:15Z DAVID BECKHAM 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 28246916 0 X WWW.PARADISEVALLEYCC.COM X 1953 AZ A CLUB ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND NONPROFITABLE PURPOSES. 15 15 435 110 758469 180347 0 0 15796374 17802543 6840 150113 5496377 5739686 21299591 23692342 0 0 0 0 12690868 14515623 0 0 0 7933704 8554426 20624572 23070049 675019 622293 41769980 44078353 3289023 4780248 38480957 39298105 A CLUB ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND OTHER NONPROFITABLE PURPOSES. 0 0 FOOD AND SNACK BAR SERVICES PROVIDED TO CLUB MEMBERS. AVERAGE ACTIVE MEMBERS: 1,086 GOLF ACTIVITIES, INCLUDING TOURNAMENTS PROVIDED TO CLUB MEMBERS POOL, TENNIS AND OTHER SOCIAL ACTIVITIES PROVIDED TO CLUB MEMBERS 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 45 0 1 435 1 1 1 0 0 0 0 3822485 1599129 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X AUDREY VAUGHT 6029527202 7101 NORTH TATUM BLVD PARADISE VALLEY AZ 85253 JOEL P HOXIE PRESIDENT 1.00 X X 0 0 0 ALICIA K HARRISON VICE PRESIDENT 1.00 X X 0 0 0 MIKE FORD TREASURER 1.00 X X 0 0 0 MICHAEL O' CONNOR SECRETARY 1.00 X X 0 0 0 MICHAEL AHEARN DIRECTOR 1.00 X 0 0 0 DAVID BECKHAM DIRECTOR 1.00 X 0 0 0 GIL BRITO MD DIRECTOR 1.00 X 0 0 0 MICHEAL CARMEL DIRECTOR 1.00 X 0 0 0 STEVE DODENHOFF DIRECTOR 1.00 X 0 0 0 STEVE MOAK DIRECTOR 1.00 X 0 0 0 KENNY MOFFATT DIRECTOR 1.00 X 0 0 0 MIKE NOBLE DIRECTOR 1.00 X 0 0 0 ROBERT RYAN DIRECTOR 1.00 X 0 0 0 DAVID WESTRA DIRECTOR 1.00 X 0 0 0 BRAD WRIGHT DIRECTOR 1.00 X 0 0 0 STEVE RICHARDSON GENERAL MANAGER/COO (THRU 10/22) 40.00 X 376859 0 23989 DEAN ROELLER CONTROLLER (THRU 07/23) 40.00 X 116986 0 2224 RYAN COZZETTO GENERAL MANAGER/COO (AS OF 07/23) 40.00 X 0 0 0 ALEX ARRIZON CFO (AS OF 09/23) 40.00 X 0 0 0 ROBERT COLLINS GOLF COURSE SUPERINTENDENT 40.00 X 273990 0 19051 ALVIN SUTTON DIRECTOR OF GOLF 40.00 X 230111 0 21375 MARK HAMILTON EXECUTIVE CHEF 40.00 X 170084 0 9102 ANGELO FORNARO FACILITIES DIRECTOR 40.00 X 157587 0 6127 CHRISTINE CURTIS FITNESS DIRECTOR 40.00 X 127870 0 13313 ALEXANDRIA BEARDEN ASSISTANT GM 40.00 X 148159 0 15560 BILLY MILLER FITNESS INSTRUCTOR 40.00 X 131208 0 8424 1732854 0 119165 9 0 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 13954717 13954717 GOLF 713910 1875465 1815551 59914 POOL/TENNIS/SOCIAL 713910 1799306 1799306 OTHER OPERATING REVENUE 713910 149373 149373 PAYMENT PLAN INTEREST 713910 23682 23682 17802543 188966 188966 43800 82653 -38853 -38853 7158 -46011 10211607 4471921 5739686 5237255 502431 23692342 22979884 758469 -46011 1545419 10850350 237584 946434 935836 76253 200092 110941 378111 1077505 13568 18834 33800 2298206 220269 REPAIRS & MAINTENANCE 808922 SUPPLIES 694704 ACTIVIES, EVENTS & CLAS 669265 GROUNDS 641036 1312920 23070049 1471633 2086908 1166762 1573948 277180 233117 948335 1075529 235495 302936 64574983 33451308 30929211 31123675 6741364 7682240 41769980 44078353 1693751 2035143 195400 245129 844992 688984 554880 1810992 3289023 4780248 X 38480957 39298105 38480957 39298105 41769980 44078353 X 622293 194855 X 0 1 X 1 0 1751527 1751527 30738971 12629372 18109599 203389 9532058 6462021 3273426 22349038 14359915 7989123 31123675 OTHER ASSETS 18050 RECEIVABLES FROM MEMBERS 437936 CASH DESIGNATED FOR EQUITY PAYMENTS 131000 CASH DESIGNATED FOR CAP IMPROVEMENT 6030859 OPERATING LEASE RIGHT OF USE ASSETS 1064395 7682240 MEMBERSHIP REFUNDS PAYABLE 177900 PROPOSED MEMBER DEPOSITS 532000 FINANCE LEASE LIABILITIES 34538 OPERATING LEASE RIGHT OF USE LIABILITIES 1066554 1810992 X 28164263 4471921 4471921 23692342 0 23692342 27543332 4473283 4473283 23070049 0 23070049 PART X, LINE 2: THE CLUB BELIEVES THAT EACH ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,471,921. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,471,921. INCOME TAX REFUND 1,362. X 0 1 X X X X 1 0 0 STEVE RICHARDSON GENERAL MANAGER/COO (THRU 10/22) 283798 0 49865 0 43196 0 14759 0 10852 0 402470 0 0 0 ROBERT COLLINS GOLF COURSE SUPERINTENDENT 223318 0 44672 0 6000 0 13509 0 7174 0 294673 0 0 0 ALVIN SUTTON DIRECTOR OF GOLF 204773 0 25338 0 0 0 11898 0 11109 0 253118 0 0 0 MARK HAMILTON EXECUTIVE CHEF 138130 0 31954 0 0 0 7229 0 2035 0 179348 0 0 0 ANGELO FORNARO FACILITIES DIRECTOR 127552 0 30035 0 0 0 6127 0 162 0 163876 0 0 0 ALEXANDRIA BEARDEN ASSISTANT GM 119345 0 28814 0 0 0 7748 0 7944 0 163851 0 0 0 PART I, LINE 1A GENERAL MANAGER/COO HAS AN ANNUAL BUDGET OF $10,000 FOR MANAGER'S EXPENSE. PART I, LINE 4A FORMER GENERAL MANAGER, DIRECTOR OF GOLF, AND CONTROLLER EACH RECEIVED A SEVERANCE PAYMENT. THE AMOUNTS WERE AS FOLLOWS: $196,780, $90,169, $7,500, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE CLUB AND THE IMMEDIATE PAST PRESIDENT. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CLUB CONSISTS OF REGULAR MEMBERS, SOCIAL MEMBERS AND A VARIETY OF ASSOCIATE MEMBERS. ONLY REGULAR MEMBERS ARE ENTITLED TO VOTE AND HOLD OFFICE IN THE CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE REGULAR MEMBERS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B BYLAW ARTICLES VIII: SETS A MAXIMUM LEVEL OF INDEBTEDNESS. CHANGES TO THIS MAXIMUM REQUIRES APPROVAL BY 2/3 OR MORE OF THE VOTING MEMBERS ACTUALLY VOTING AT A SPECIAL MEETING, IN PERSON OR IN PROXY, OR BY A MAJORITY OF ALL THE VOTING MEMBERS INTITLED TO VOTE, WHCIHEVER IS LESS. BYLAW ARTICLE X: REQUIRES APPROVAL OF A MAJORITY OF THE VOTING MEMBERS OF THE CLUB TO ENGAGE IN THE PURCHASE, SALE, EXCHANGE, LEASE OR ENCOMBRANCE, OR THE DEVELOPMENT OF RESIDENTIAL OR COMMERCIAL BUILDINGS, INVOLVING SPECIFIED CLUB REAL ESTATE. THE ARTICLES OF INCORPORATION REQUIRE THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THOSE MEMBERS ACTUALLY VOTING AT A MEETING CALLED FOR THAT PURPOSE OR BY A MAJORITY OF ALL VOTING MEMBERS ENTITLE TO VOTE, WHICHEVER IS LESS, IN ORDER TO AMEND THE ARTICLES OF INCORPORATION, PROVIDED THAT IN NO EVENT CAN ARTICLE IV, SETTING THE PURPOSES AND POWERS OF OTHE CLUB, BE ALTERED OR AMENDED. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE BOARD BEFORE THE TREASURER SIGNS AND MAILS THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB COMPENSATION COMMITTEE CONSISTS OF THE IMMEDIATE PAST PRESIDENT, CURRENT PRESIDENT, WHO ALSO SERVES AS THE CHAIRMAN OF THE COMMITTEE, CURRENT VICE PRESIDENT, CURRENT TREASURER AND CURRENT SECRETARY. EXCEPT WHEN HIS/HER COMPENSATION PACKAGE IS BEING REVIEWED AND/OR SET, THE CLUB'S GENERAL MANAGER SERVES AS AN ADVISOR TO THE COMMITTEE. THE COMPENSATION COMMITTEE MEETS AS OFTEN AS IS NECESSARY AND REVIEWS AND SETS COMPENSATION PACKAGES FOR THE CLUB'S GENERAL MANAGER AND THE VARIOUS DEPARTMENT BEADS OF THE CLUB AND REVIEWS AND OVERSEES THE GENERAL COMPENSATION PRACTICES OF THE CLUB. ONCE A DETERMINATION IS MADE BY THE COMMITTEE, THE PRESIDENT SIGNS ANY COMPENSATION ADJUSTMENTS PRIOR TO FORWARDING TO OUR HUMAN RESOURCES. DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 WE DO NOT MAKE OUR GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET INCREASE IN MEMBERSHIP CERTIFICATES 301,859. NET CHANGE IN MEMBERS' EQUITY NOTES RECEIVABLE -97,407. NET CHANGE IN BUILDING EQUITY ASSESSMENT -9,597.