2025-11-11T11:43:30-06:00 2024-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2024-01-01 941406809 CORRAL DE TIERRA COUNTRY CLUB CORR 8314844992 81 CORRAL DE TIERRA ROAD SALINAS CA 93908 PAUL KOOJOOLIAN DIRECTOR OF FINANCE 8314841112 2025-11-11 1 1 SCOTT WATTERS P01246213 4082877911 2024 2025-03-06 01:10:19Z SCOTT FERREIRA 81 CORRAL DE TIERRA ROAD SALINAS CA 93908 11100382 0 X WWW.CORRALDETIERRACC.COM X 1957 CA PRIVATE COUNTRY CLUB 9 9 144 50 993165 176017 0 0 7238869 7579338 138737 102569 2247395 1953087 9625001 9634994 0 0 0 0 5439591 5572069 0 0 0 3606810 3875438 9046401 9447507 578600 187487 17456201 17171688 4797384 4325384 12658817 12846304 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 0 144 1 1 1 0 0 0 0 338500 1129365 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 AARON JOHNSON PRESIDENT 1.00 X X 0 0 0 JILL KENNEDY SECRETARY 1.00 X X 0 0 0 MARTY GIOVANETTI VICE PRESIDENT 1.00 X X 0 0 0 DAVID ALEXANDER TREASURER 1.00 X X 0 0 0 SHARI CARACCIOLI DIRECTOR 1.00 X 0 0 0 JAMES HLAVACEK DIRECTOR 1.00 X 0 0 0 ROBERT SILVA DIRECTOR 1.00 X 0 0 0 ANKER FANOE DIRECTOR 1.00 X 0 0 0 KIM MANSUKHANI DIRECTOR 1.00 X 0 0 0 SCOTT FERREIRA GENERAL MANAGER 40.00 X 275080 0 57113 DOUGLAS AYRES GOLF COURSE SUPERINTENDENT 40.00 X 254186 0 57237 WILLIAM BENNETT EXECUTIVE CHEF 40.00 X 207478 0 54764 HEATHER FERREIRA DIRECTOR OF MEMBERSHIP 40.00 X 178224 0 5045 PATRICK TRUNDLE DIRECTOR OF FOOD & BEVERAG 40.00 X 141782 0 20858 NICK MUSSOLINO HEAD GOLF PRO 40.00 X 155003 0 18751 1211753 0 213768 6 0 1 0 CLUB CFO 4731 BORDWELL DRIVE SAN JOSE CA 95118 CFO SERVICES 136980 1 MEMBERSHIP DUES 713910 5623891 5623891 DUES FOR CAPITAL IMPROVEMENTS 713910 1059870 1059870 GOLF SHOP 713990 471647 226237 245410 TRANSFER AND INITIATION FEES 713910 338500 338500 LOCKER ROOM 713910 52635 52635 32795 20495 12300 7579338 57569 57569 30034 0 30034 30034 30034 45000 0 45000 45000 45000 3361421 1465388 1896033 1248181 647852 ADMINISTRATIVE REVENUE 713910 20750 20750 MINIMUM SPENDING INCOME 713910 6270 6270 27020 9634994 8596829 993165 45000 X 984186 3555034 657257 375592 175803 825 68552 131161 989157 102109 INCOME TAX EXPENSE 21007 GOLF COURSE MAINTENANCE 527945 UTILITIES 426170 SUPPLIES 405472 1027237 9447507 130942 248873 2774157 978894 1305889 1169227 227850 240925 72385 95827 30174622 15824275 12774244 14350347 170734 87595 17456201 17171688 927805 999855 588835 611309 3110010 2626625 170734 87595 4797384 4325384 X 0 0 0 0 12658817 12846304 12658817 12846304 17456201 17171688 187487 0 X X 0 1 X 1 0 225994 225994 12398012 5594745 6803267 10049807 5856152 4193655 7500809 4373378 3127431 14350347 RIGHT OF USE LIABILITY 87595 87595 X 11100382 0 11100382 -1465388 -1465388 9634994 10912895 1465388 1465388 9447507 0 9447507 PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES THAT POSITIONS TAKEN ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION FOR ALL OPEN TAX YEARS. THE CLUB'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED AND A PERIOD OF FOUR YEARS FOR CALIFORNIA TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -1,465,388. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,465,388. X 0 0 0 SCOTT FERREIRA GENERAL MANAGER 208700 0 35880 0 30500 0 9568 0 47545 0 332193 0 0 0 DOUGLAS AYRES GOLF COURSE SUPERINTENDENT 225686 0 7500 0 21000 0 9692 0 47545 0 311423 0 0 0 WILLIAM BENNETT EXECUTIVE CHEF 152025 0 28625 0 26828 0 7179 0 47585 0 262242 0 0 0 HEATHER FERREIRA DIRECTOR OF MEMBERSHIP 147724 0 0 0 30500 0 4902 0 143 0 183269 0 0 0 NICK MUSSOLINO HEAD GOLF PRO 141446 0 8075 0 5482 0 2846 0 15905 0 173754 0 0 0 PATRICK TRUNDLE DIRECTOR OF FOOD & BEVERAG 118229 0 18627 0 4926 0 4953 0 15905 0 162640 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 199,640. TAXES AND LICENSES 155,361. OUTSIDE SERVICE 120,812. LAUNDRY AND UNIFORMS 117,049. SOCIAL ACTIVITIES 114,809. EQUIPMENT RENTAL 104,344. FOOD 59,869. DUES AND SUBSCRIPTIONS 32,966. MISCELLANEOUS 31,357. TELEPHONE 30,150. BANK AND CREDIT CARD CHARGES 26,695. SECURITY 11,925. BAD DEBTS 9,950. POSTAGE 9,035. TOURNAMENT ENTRY FEES 1,900. PROFESSIONAL DEVELOPMENT 1,375. FORM 990, LINE 2C THE FINANCE COMMITTEE REVIEWS THE AUDIT REPORT ANNUALLY.