2024-11-13T08:29:59-06:00 2023-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2023-01-01 941406809 CORRAL DE TIERRA COUNTRY CLUB CORR 8314844992 81 CORRAL DE TIERRA ROAD SALINAS CA 93908 PAUL KOOJOOLIAN DIRECTOR OF FINANCE 8314841112 2024-11-12 1 1 SCOTT WATTERS P01246213 4082877911 2023 2024-10-15 13:58:12Z SCOTT FERREIRA 81 CORRAL DE TIERRA ROAD SALINAS CA 93908 11164456 0 X WWW.CORRALDETIERRACC.COM X 1957 CA PRIVATE COUNTRY CLUB 9 9 127 50 921835 143989 0 0 7096605 7238869 22477 138737 2012623 2247395 9131705 9625001 0 0 0 0 5103050 5439591 0 0 0 3221450 3606810 8324500 9046401 807205 578600 15710913 17456201 3630696 4797384 12080217 12658817 THE ORGANIZATION CONDUCTS ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS. THE CLUB OFFERS ITS MEMBERS FULL COUNTRY CLUB FACILITIES INCLUDING GOLF, TENNIS,SWIMMING, DINING AND SOCIAL ACTIVITIES. 0 0 ORGANIZATION CONDUCTS ACTIVITIES FOR THE BENEFIT OF ITS MEMBERSHIP, INCLUDING GOLF ACTIVITIES AND SOCIAL FUNCTIONS. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 19 0 127 1 1 1 0 0 0 0 314375 997604 0 0 0 X 9 9 1 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 0 1 1 0 X PAUL KOOJOOLIAN 8314841112 81 CORRAL DE TIERRA ROAD SALINAS CA 93908 BILL HUGGINS DIRECTOR 1.00 X 0 0 0 LAURIE LEE SECRETARY 1.00 X X 0 0 0 BRIAN ANTLE PRESIDENT 1.00 X X 0 0 0 AARON JOHNSON VICE PRESIDENT 1.00 X 0 0 0 JILL KENNEDY DIRECTOR 1.00 X 0 0 0 MARTY GIOVANETTI DIRECTOR 1.00 X 0 0 0 DAVID ALEXANDER TREASURER 1.00 X X 0 0 0 SHARI CARACCIOLI DIRECTOR 1.00 X 0 0 0 DAN BOHEN DIRECTOR 1.00 X 0 0 0 SCOTT FERREIRA GENERAL MANAGER 40.00 X 262714 0 49776 DOUGLAS AYRES GOLF COURSE SUPERINTENDENT 40.00 X 233818 0 49756 WILLIAM BENNETT EXECUTIVE CHEF 40.00 X 186775 0 47791 HEATHER FERREIRA DIRECTOR OF MEMBERSHIP 40.00 X 158145 0 5893 PATRICK TRUNDLE DIRECTOR OF FOOD & BEVERAG 40.00 X 129497 0 19531 NICK MUSSOLINO HEAD GOLF PRO 40.00 X 101976 0 9738 1072925 0 182485 6 0 1 0 0 MEMBERSHIP DUES 713910 5388949 5388949 DUES FOR CAPITAL IMPROVEMENTS 713910 1019836 1019836 GOLF SHOP 713990 426311 233601 192710 TRANSFER AND INITIATION FEES 713910 314375 314375 LOCKER ROOM 713910 54156 54156 35242 22942 12300 7238869 139030 139030 29159 0 29159 29159 29159 293 -293 -293 -293 3727240 1539162 2188078 1639442 548636 ADMINISTRATIVE REVENUE 713910 19500 19500 MINIMUM SPENDING INCOME 713910 10658 10658 30158 9625001 8703459 921835 -293 X 898893 3507010 667004 366684 113222 7827 74592 146105 854241 117092 INCOME TAX EXPENSE 59567 GOLF COURSE MAINTENANCE 539167 SUPPLIES 343035 UTILITIES 317704 1034258 9046401 172509 130942 2127474 2774157 986227 1305889 223259 227850 52608 72385 27662822 14888578 11875389 12774244 273447 170734 15710913 17456201 774079 927805 561498 588835 2021672 3110010 273447 170734 3630696 4797384 X 0 0 0 0 12080217 12658817 12080217 12658817 15710913 17456201 578600 0 X X 0 1 X 1 0 225994 225994 12323013 5129642 7193371 5130919 4079877 1051042 9982896 5679059 4303837 12774244 RIGHT OF USE LIABILITY 170734 170734 X 11164163 0 11164163 -1539162 -1539162 9625001 10585563 1539162 1539162 9046401 0 9046401 PART X, LINE 2: MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THEY TOOK NO UNCERTAIN TAX POSITIONS REQUIRING ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,539,162. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,539,162. X 0 0 0 SCOTT FERREIRA GENERAL MANAGER 203314 0 29400 0 30000 0 9590 0 40186 0 312490 0 0 0 DOUGLAS AYRES GOLF COURSE SUPERINTENDENT 214318 0 0 0 19500 0 9488 0 40268 0 283574 0 0 0 WILLIAM BENNETT EXECUTIVE CHEF 140780 0 27232 0 18763 0 7606 0 40185 0 234566 0 0 0 HEATHER FERREIRA DIRECTOR OF MEMBERSHIP 87657 0 40488 0 30000 0 5750 0 143 0 164038 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 HEATHER FERREIRA, DIRECTOR OF MEMBERSHIP AND SCOTT FERREIRA, GENERAL MANAGER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PRIVATE MEMBER GOLF AND COUNTRY CLUB. EACH EQUITY MEMBER OWNS A SHARE OF VOTING STOCK. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SUBMITS A LIST OF CANDIDATES TO THE BOARD OF DIRECTORS EQUAL TO THE NUMBER OF OPEN BOARD POSITIONS. THE PROPRIETARY MEMBERS OF THE CLUB THEN VOTE FOR THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B WHEN SIGNIFICANT ASSESSMENTS ARE PROPOSED, A MAJORITY VOTE OF THE ENTIRE MEMBERSHIP MUST BE OBTAINED. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF FINANCE, GENERAL MANAGER AND TREASURER REVIEW FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15 UPON THE HIRING OF THE GENERAL MANAGER, COMPENSATION INFORMATION WAS GATHERED FROM OTHER PRIVATE COUNTRY CLUBS SIMILAR IN SIZE AND NATURE. COMPENSATION PACKAGES ARE REVIEWED AND APPROVED BY THE EXECUTIVE BOARD OF THE CLUB ON AN ANNUAL BASIS AND ARE NOTED IN THE MINUTES OF THESE MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 AN ANNUAL MEETING FOR ALL MEMBERS IS HELD WHERE ALL FINANCIAL DATA AND PERTINENT BUSINESS MATERIALS ARE DISCUSSED. GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E REPAIR AND MAINTENANCE 173,936. TAXES AND LICENSES 155,679. EQUIPMENT RENTAL 149,828. OUTSIDE SERVICE 133,997. SOCIAL ACTIVITIES 104,351. LAUNDRY AND UNIFORMS 97,516. FOOD 58,062. MISCELLANEOUS 44,486. TELEPHONE 32,160. DUES AND SUBSCRIPTIONS 27,027. BANK AND CREDIT CARD CHARGES 21,983. BAD DEBTS 11,890. POSTAGE 8,864. SECURITY 8,251. TOURNAMENT ENTRY FEES 3,100. PROFESSIONAL DEVELOPMENT 2,450. MEMBERSHIP INCENTIVE 678. FORM 990, LINE 2C THE FINANCE COMMITTEE REVIEWS THE AUDIT REPORT ANNUALLY.