2025-11-07T14:19:21-06:00 2024-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-01-01 941451412 MONTEREY PENINSULA COUNTRY CLUB MONT 8313731556 3000 CLUB RD PEBBLE BEACH CA 939532542 SCOTT VON FISCHER TREASURER 8313731556 2025-10-29 1 0 CHRISTOPHER CECIL P01877773 5616971785 2025-10-28 2024 2025-03-06 01:10:19Z ROBERT STEARNS 3000 CLUB RD PEBBLE BEACH CA 939532542 40640432 0 X WWW.MPCCPB.ORG X 1925 CA SEE SCHEDULE O.THE ORGANIZATION'S ACTIVITIES ARE CONDUCTED AND OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE ORGANIZATION ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS. 9 9 338 9 1741319 321675 0 0 29123168 31342658 169263 -1049534 3009556 2546979 32301987 32840103 0 0 0 0 21105899 21085383 0 0 0 15823957 16467715 36929856 37553098 -4627869 -4712995 67481952 74516873 7155510 8266825 60326442 66250048 X SEE SCHEDULE OTHE 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. 0 0 0 0 0 0 0 0 0 1 1 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 72 0 1 338 1 1 1 0 0 0 1 1 0 2934948 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRAD SPENCER 8313731556 3000 CLUB RD PEBBLE BEACH CA 93953 THOMAS MACMICHAEL PRESIDENT 10.00 X X 0 0 0 TERRY HUGGINS TREASURER 10.00 X X 0 0 0 ROBERT STEARNS SECRETARY 10.00 X X 0 0 0 WALLACE GORDON VICE PRESIDENT 10.00 X X 0 0 0 ROBERT COLWELL DIRECTOR 10.00 X 0 0 0 CHUCK DIETRICK DIRECTOR 10.00 X 0 0 0 CHUCK NICHOLS DIRECTOR 10.00 X 0 0 0 SCOTT VON FISCHER DIRECTOR 10.00 X 0 0 0 PAUL WIBLE DIRECTOR 10.00 X 0 0 0 JJ WEST GENERAL MANAGER 50.00 X 631882 0 121641 BRADLEY SPENCER VICE PRESIDENT OF FINANCE 50.00 X 373976 0 27950 ALEXANDER KIRKWOOD DIRECTOR OF GOLF 50.00 X 411746 0 31917 CHRIS DALHAMER GREENS & GROUNDS DIRECTOR 50.00 X 479737 0 78828 KYLE THOMPSON CONTROLLER 50.00 X 177809 0 23947 KHADIJA COLEY MASON DIRECTOR OF FOOD & BEVERAGE 50.00 X 221763 0 28575 RYAN BOYDSTUN DIRECTOR OF FITNESS 50.00 X 188805 0 24108 DANIEL FUREY EXECUTIVE CHEF 50.00 X 268750 0 14253 CY YONTZ EXECUTIVE SOUS CHEF 50.00 X 191328 0 30542 2945796 0 381761 9 0 1 0 MILLERBROWN PO BOX 22502 SACRAMENTO CA 95822 BOOKLETS 105345 1 MEMBERSHIP DUES & ASSESSMENTS 713910 25820212 25820212 GOLF ACTIVITIES AND GOLF CART STO 713910 3994412 3205792 788620 SPECIAL PURPOSE FUNDS 713910 1152427 1152427 0 LOCKER ROOMS AND FITNESS 713910 375607 375607 31342658 363966 363966 9500 1423000 -1413500 -1413500 -1413500 8924308 6377329 2546979 1958246 588733 32840103 32512284 1741319 -1413500 X 2157677 14329114 4598592 572366 4073712 407071 INCOME TAXES 98521 GOLF COURSE MAINTENANCE 3672506 GENERAL & ADMINISTRATIV 1370611 FOOD & BEVERAGE 1339410 4933518 37553098 2785514 878964 553218 9618 3641166 3729415 949570 1321531 498067 493156 85712614 40323285 49223079 45389329 4501035 5000000 3144826 9322349 2185477 8372511 67481952 74516873 3277683 4252942 2883118 2675293 994709 1338590 7155510 8266825 X 60326442 66250048 60326442 66250048 67481952 74516873 X -4712995 262851 10373750 X X 0 1 X 1 0 270823 270823 35358887 15489074 19869813 16415875 12611075 3804800 33667029 12223136 21443893 45389329 INVESTMENTS - DEFERRED COMP 1014540 C NON-DESIGNATED INVESTMENTS 8307809 C 9322349 CONSTRUCTION IN PROGRESS 7766511 MEMBERSHIP FINANCING 606000 8372511 DEFERRED COMPENSATION PAYABLE 1338590 1338590 X 39480283 262851 6377329 6640180 32840103 0 32840103 43930427 6377329 6377329 37553098 0 37553098 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 6,377,329. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 6,377,329. X X X X X X 0 1 0 JJ WEST GENERAL MANAGER 480742 0 148500 0 2640 0 91723 0 29918 0 753523 0 0 0 CHRIS DALHAMER GREENS & GROUNDS DIRECTOR 401323 0 78000 0 414 0 49350 0 29478 0 558565 0 0 0 ALEXANDER KIRKWOOD DIRECTOR OF GOLF 382788 0 0 0 28958 0 5199 0 26718 0 443663 0 0 0 BRADLEY SPENCER VICE PRESIDENT OF FINANCE 308520 0 59000 0 6456 0 27950 0 0 0 401926 0 0 0 DANIEL FUREY EXECUTIVE CHEF 218750 0 50000 0 0 0 5383 0 8870 0 283003 0 0 0 KHADIJA COLEY MASON DIRECTOR OF FOOD & BEVERAGE 187928 0 32775 0 1060 0 6717 0 21858 0 250338 0 0 0 CY YONTZ EXECUTIVE SOUS CHEF 171701 0 19500 0 127 0 3824 0 26718 0 221870 0 0 0 RYAN BOYDSTUN DIRECTOR OF FITNESS 71513 0 8500 0 108792 0 5450 0 18658 0 212913 0 0 0 KYLE THOMPSON CONTROLLER 146301 0 30000 0 1508 0 5289 0 18658 0 201756 0 0 0 PART I, LINE 4 - RECEIVED SUPPLEMENTAL NQ RETIREMENT, EQUITY- BASED COMPENSATION THE FOLLOWING EMPLOYEES PARTICIPATED IN THE CLUB'S SEC. 457 TANDEM PLAN. IN 2024, THE CLUB MADE MATCHING AND DIRECT CONTRIBUTIONS TO THE SEC. 457 PLAN AND TO THE SEC. 401(K) PLAN AS SHOWN BELOW. EMPLOYEES SEC 457 PLAN CONTR 401(K) PLAN CONTR --------- ------------------ ----------------- JJ WEST 82,350 9,373 CHRIS DALHAMER 39,000 10,350 BRADLEY SPENCER 17,600 10,350 FORM 990, PART VI, SECTION A, LINE 6 NONMINATING COMMITTEE 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 7A 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 BY-LAW CHANGES, ASSESSMENTS OF AMOUNTS IN EXCESS OF YEARLY OPERATING DUES, AND EXTRAORDINARY CAPITAL EXPENDITURES REQUIRE A MEMBERSHIP VOTE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE VP OF FINANCE, PRESIDENT AND TREASURER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD OF DIRECTORS REVIEWS AND ACKNOWLEDGES THE CONFLICT OF INTEREST POLICIES. THE BOARD OF DIRECTORS AND MANAGEMENT THEN SIGN A COMPLIANCE AGREEMENT. MANAGEMENT HAS ONGOING ENFORCEMENT THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE COMPENSATION COMMITTEE, ESTABLISHED BY THE BOARD OF DIRECTORS, EVALUATES THE GENERAL MANAGER'S COMPENSATION AND SUBMITS COMPARABLE SALARY DATA TO THE BOARD OF DIRECTORS FOR APPROVAL. THE COMPENSATION COMMITTEE USES AN INDEPENDENT COMPENSATION CONSULTANT AND SURVEYS TO EVALUATE COMPENSATION VALUE FOR DIFFERENT POSITIONS. LINE 15B: KEY EMPLOYEE COMPENSATION LEVELS ARE EVALUATED BY THE GENERAL MANAGER AND SUBMITTED TO THE COMPENSATION COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON INSPECTION AT THE CLUB. FORM 990, PART IX, LINE 24E CLUBHOUSE 1,229,574. SPECIAL PURPOSE FUND 1,146,081. GOLF ACTIVITIES 857,440. ENERGY COSTS 608,431. SOCIAL ACTIVITIES 477,343. LOCKER ROOM 162,279. CAPITAL EXPENSES 158,680. MEMBERSHIP 125,499. GOLF PRO SHOP 122,459. CART STORAGE, RENTALS & REPAIRS 45,732. FORM 990, PART XI, LINE 9: MEMBERSHIP ENTRANCE FEES, NET OF ALLOCATION TO OPERATIONS 20,148,750. NET PROCEEDS TO SELLING MEMBER -9,775,000. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.