2026-08-13T12:05:26-05:00 2025-09-30 950858589 HUTCHINSON AND BLOODGOOD LLP 500 N BRAND BLVD SUITE 800 GLENDALE CA 91203 990 2024-10-01 941687824 ALMADEN GOLF & COUNTRY CLUB ALMA 4082684653 6663 HAMPTON DRIVE SAN JOSE CA 95120 ADRIAN SOSA TREASURER 4082684653 2026-08-13 1 0 MARK J HENNELLY P00982999 8186375000 2024 2025-03-06 01:10:19Z 6663 HAMPTON DRIVE SAN JOSE CA 95120 13821117 0 X WWW.ALMADENGCC.COM X 1969 CA TO PROVIDE SOCIAL AND RECREATIONAL FACILITIES FOR MEMBERS AND THEIR GUESTS.TO PROVIDE SOCIAL AND RECREATIONAL FACILITIES FOR MEMBERS AND THEIR GUESTS. 9 9 185 0 434691 64189 0 0 9199768 10308660 70453 81209 -600521 -507750 8669700 9882119 0 0 0 0 3843269 4037643 0 0 0 4938594 5223547 8781863 9261190 -112163 620929 20175932 21016881 3323425 3544180 16852507 17472701 TO PROVIDE SOCIAL AND RECREATIONAL FACILITIES FOR MEMBERS AND THEIR GUESTS. 0 0 TO PROVIDE SOCIAL AND RECREATIONAL FACILITIES FOR MEMBERS AND THEIR GUESTS 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 39 0 185 1 1 1 0 0 0 1 1 1046079 960474 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X PHIL MURRAY 4082684653 6663 HAMPTON DRIVE SAN JOSE CA 95120 MIKE GILLEY SECRETARY 2.00 X X 0 0 0 JOHN RHINE TREASURER 2.00 X X 0 0 0 BEN WHITE DIRECTOR 2.00 X 0 0 0 BRANDON MERLINO DIRECTOR 1.00 X 0 0 0 JOE ELLIOTT DIRECTOR 1.00 X 0 0 0 SAL GUIDO DIRECTOR 1.00 X 0 0 0 SEAN MEEKS DIRECTOR 1.00 X 0 0 0 SHONE FREEMAN DIRECTOR 1.00 X 0 0 0 SUE FARWELL DIRECTOR 1.00 X 0 0 0 NATE DEATON PRESIDENT 2.00 X 0 0 0 RIGO HEADLEY GENERAL MANAGER 40.00 X 306845 0 15711 MIKE KROUSE SUPERINTENDENT 40.00 X 240023 0 30089 JOE CALHOUN DIRECTOR OF GOLF 40.00 X 224551 0 3212 ANDREW PALMYRA SALES DIRECTOR 40.00 X 177826 0 7311 PHIL MURRAY CONTROLLER 40.00 X 195481 0 28168 BECK YEE CLUBHOUSE MANAGER 40.00 X 121973 0 0 1266699 0 84491 12 0 1 0 0 MEMBERSHIP DUES 713910 7298706 7298706 MEMBERSHIP & TRANSFER FEE 713910 1046079 1046079 GOLF COURSE 713910 794561 442621 351940 ASSESSMENTS & CAP DUES 713910 783138 783138 MISCELLANEOUS INCOME 713910 260586 260586 125590 125590 10308660 81209 11523 69686 26130 13065 13065 13065 13065 3405118 3925933 -520815 -520815 9882119 9447428 434691 0 X 322556 3122268 321395 271424 770 54841 1056948 241364 UTILITIES 1294480 SUPPLIES 788927 REPAIRS & MAINTENANCE 400040 PROFESSIONAL FEES 259363 1126814 9261190 268723 276948 2817444 3297887 759035 714887 302451 293985 49930 80706 26181554 10299500 15882765 15882054 95584 470414 20175932 21016881 1512361 1685641 102206 92629 1613274 1295496 95584 470414 3323425 3544180 X 16852507 17472701 16852507 17472701 20175932 21016881 X 620929 -733 X 0 1 X 1 0 716563 716563 15006400 3611603 11394797 5830005 4730884 1099121 4628586 1957013 2671573 15882054 ROU OPERATING LEASES 470414 470414 X 13794987 3925933 3925933 9869054 13065 13065 9882119 13174791 3926666 3926666 9248125 13065 13065 9261190 PART X, LINE 2: THE CLUB IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND SECTION 23701G OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE CLUB IS SUBJECT TO THE ASSESSMENT OF TAXES ON WHAT IS TERMED "UNRELATED BUSINESS INCOME." FOR THE CLUB, THIS IS GENERALLY DEFINED AS INTEREST INCOME FROM INVESTMENTS, RENTAL INCOME, AND NONMEMBER INCOME FROM SOURCES SUCH AS FOOD, BEVERAGE, AND GOLF REVENUES. THE CLUB RECOGNIZES TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF SEPTEMBER 30, 2025 AND 2024, THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF SEPTEMBER 30, 2025, THE CLUB'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA FRANCHISE TAX BOARD, GENERALLY FOR THREE (3) AND FOUR (4) YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,925,933. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE 13,065. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,925,933. FUEL TAX CREDIT 733. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE 13,065. X X X 0 0 0 RIGO HEADLEY GENERAL MANAGER 256845 0 50000 0 0 0 0 0 15711 0 322556 0 0 0 MIKE KROUSE SUPERINTENDENT 218923 0 21100 0 0 0 0 0 30089 0 270112 0 0 0 JOE CALHOUN DIRECTOR OF GOLF 204851 0 19700 0 0 0 0 0 3212 0 227763 0 0 0 PHIL MURRAY CONTROLLER 195481 0 0 0 0 0 0 0 28168 0 223649 0 0 0 ANDREW PALMYRA SALES DIRECTOR 169826 0 8000 0 0 0 0 0 7311 0 185137 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE ORGANIZATION HAS VOTING MEMBERS WHO HAVE THE RIGHT TO VOTE ON THE ELECTION OR REMOVAL OF DIRECTORS. THE BOARD OF DIRECTORS ACTS ON BEHALF OF THE MEMBERS IN SETTING POLICY AND MANAGING THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CERTAIN DECISIONS OF THE BOARD OF DIRECTORS, SUCH AS ANY CHANGES IN BY-LAWS, ARE SUBJECT TO APPROVAL BY MEMBER VOTE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - A COPY OF FORM 990 IS PROVIDED TO AND REVIEWED BY THE CONTROLLER, TREASURER AND GENERAL MANAGER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ANNUAL DISCLOSURE FORMS FROM BOARD MEMBERS AND REVIEWS POTENTIAL CONFLICTS DURING MEETINGS TO ENSURE ONGOING COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB'S PROCESS FOR DETERMINING COMPENSATION OF KEY EMPLOYEES IS CONDUCTED BY A COMPENSATION COMMITTEE AND INCLUDES AN ANALYSIS OF COMPARABLE CLUBS, PUBLISHED SALARY GUIDES, AND AMOUNTS PREVIOUSLY PAID FOR THE POSITION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E F&B OPERATING EXPENSE 255,166. PROPERTY TAXES 185,640. GOLF COURSE OPERATING EXPENSE 161,119. LEASED EQUIPMENT 124,773. A&G OPERATING EXPENSES 119,287. OUTSIDE SERVICES 104,979. PROSHOP OPERATING EXPENSE 101,839. ENTERTAINMENT & DECORATIONS 21,547. CORPORATE TAX 20,162. LICENSES & PERMITS 16,665. CLUBHOUSE OPERATING EXPENSE 8,919. POSTAGE AND OTHERS 4,864. SWIM & TENNIS 1,854. FORM 990, PART XI, LINE 9: FUEL TAX CREDIT -733.