2024-08-08T18:11:44-05:00 2023-10-31 941668792 PPCO ADVISORS LLC 333 WEST SANTA CLARA ST 800 SAN JOSE CA 951131716 990 2022-11-01 940699700 DIABLO COUNTRY CLUB DIAB 9258374221 1700 CLUBHOUSE RD DIABLO CA 94528 BRUCE PRUITT GENERAL MANAGER 9258374221 2024-08-08 1 1 SCOTT WATTERS P01246213 4082877911 2022 2024-08-08 14:25:15Z TIMOTHY PAULING 1700 CLUBHOUSE RD DIABLO CA 94528 22058378 0 X WWW.DIABLOCC.COM X 1919 CA THE ORGANIZATION'S ACTIVITIES ARE CONDUCTED AND OPERATED SUBSTANTIALLYFOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE ORGANIZATION ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS. 7 7 269 20 304901 67979 0 0 11818167 12712600 -38252 -1573102 4862198 7799087 16642113 18938585 0 0 0 0 8242796 7393480 0 0 0 7543018 9604194 15785814 16997674 856299 1940911 27990820 41295274 15515189 26878732 12475631 14416542 X THE 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 PART VIII FOR STATEMENT AND LISTING. 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 67 0 1 269 1 1 1 0 0 0 1 1 2465320 540886 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X RACHELLE PARSONS 9258374221 1700 CLUBHOUSE RD DIABLO CA 94528 TIM PAULING PRESIDENT 3.00 X X 0 0 0 JEFF MILLER VICE PRESIDENT 3.00 X X 0 0 0 MARK HOLMSTEDT TREASURER 3.00 X X 0 0 0 DAN PINGATORE SECRETARY 3.00 X X 0 0 0 BOB HAGERTY DIRECTOR 3.00 X 0 0 0 CRAIG WALKER DIRECTOR 3.00 X 0 0 0 JOE MCLEAN DIRECTOR 3.00 X 0 0 0 BRUCE PRUITT GENERAL MANAGER 40.00 X 486649 0 39473 RACHELLE PARSONS CONTROLLER 40.00 X 202672 0 37465 JIM COLLINS GOLF PROFESSIONAL 40.00 X 177381 0 11006 CHRISTINA LYNCH HR & MEMBERSHIP DIRECTOR 40.00 X 168411 0 37759 RYAN NICHOLSON COURSE SUPERINTENDENT 40.00 X 241403 0 40520 DARRIN COHEN DIRECTOR OF TENNIS 40.00 X 158635 0 3275 FABIAN CESPEDES CHEF 40.00 X 153462 0 36250 1588613 0 205748 13 0 1 0 BOB BODMAN (CLUB RESOURCES) PO BOX 130865 CARLSBAD CA 92013 MARKETING 123666 1 MEMBERSHIP DUES 713910 8134067 8134067 INITIATION FEE 713940 2465320 2465320 GOLF OPERATIONS 713940 1670555 1557164 113391 TENNIS 713940 283502 283502 SWIMMING 713940 159156 159156 12712600 8 8 94578 19118 75460 75460 75460 1573110 -1573110 -1573110 -1573110 2825519 1527565 1297954 1181912 116042 CAPITAL DUES 713940 2575246 2575246 FACILITIES MASTER PLAN ASSESSMENT 713940 2120000 2120000 OPERATIONAL ASSESSMENT 713940 1500000 1500000 230427 230427 6425673 18938585 20206794 304901 -1573110 X 766259 4952096 105037 1097875 472213 1033395 49506 258513 579847 254168 321707 2022255 249166 INCOME TAX PROVISION 19748 GOLF COURSE 1323275 GOLF OPERATIONS 891916 CLUBHOUSE 539513 2061185 16997674 1704627 1507444 1579126 7066788 25000 46080 221560 440068 304920 197293 278643 29062355 12791273 19275961 16271082 4722665 15644837 27990820 41295274 1608446 4940498 627279 2638667 12394801 18581370 884663 718197 15515189 26878732 X 12475631 14416542 12475631 14416542 27990820 41295274 1940911 0 X X 0 1 X 1 0 153991 153991 6767451 6493822 273629 17308393 5424068 11884325 4832520 873383 3959137 16271082 CONSTRUCTION IN PROGRESS 15549535 RIGHT OF USE ASSETS 81529 DEFERRRED COMPENSATION 13773 15644837 CAPITAL LEASE 718197 718197 X 20482598 1546683 1546683 18935915 2670 2670 18938585 18541687 1544013 1544013 16997674 0 16997674 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES RECLASS 1,527,565. RENTAL EXPENSES 19,118. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME 2,670. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES RECLASS 1,527,565. RENTAL EXPENSES 16,448. X X X X 0 0 0 BRUCE PRUITT GENERAL MANAGER 401649 0 85000 0 0 0 11636 0 27837 0 526122 0 0 0 RYAN NICHOLSON COURSE SUPERINTENDENT 221186 0 20217 0 0 0 9155 0 31365 0 281923 0 0 0 RACHELLE PARSONS CONTROLLER 169015 0 33657 0 0 0 6304 0 31161 0 240137 0 0 0 CHRISTINA LYNCH HR & MEMBERSHIP DIRECTOR 153303 0 15108 0 0 0 5737 0 32022 0 206170 0 0 0 FABIAN CESPEDES CHEF 131034 0 22428 0 0 0 5315 0 30935 0 189712 0 0 0 JIM COLLINS GOLF PROFESSIONAL 175728 0 1653 0 0 0 0 0 11006 0 188387 0 0 0 DARRIN COHEN DIRECTOR OF TENNIS 157077 0 1558 0 0 0 2961 0 314 0 161910 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS PURCHASE MEMBERSHIP TO THE CLUB AND ARE CHARGED DUES MONTHLY FOR CONTINUED MEMBERSHIP. VOTING MEMBERS ARE LIMITED AND ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. 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 APPROVAL BY A MAJORITY OF AT LEAST ONE-THIRD OF THE VOTING MEMBERS: * BUSINESS PRESENTED AT ALL MEMBER MEETINGS * BORROW FUNDS OVER $500,000 APPROVAL BY A MAJORITY OF AT LEAST TWO-THIRDS OF THE VOTING MEMBERS: * AMENDMENT TO THE BYLAWS * MEMBERSHIP DUES INCREASES * ASSESSMENTS IN EXCESS OF ONE HUNDRED DOLLARS PER MEMBER IN ANY FISCAL YEAR * REMOVAL OF A DIRECTOR * ACTIONS AFFECTING THE RIGHTS OF MEMBERS * DISSOLUTION OF THE CLUB * CHANGE THE NUMBER OF MEMBERS OR THE NUMBER OF CLASSES OF MEMBERSHIP * CHANGE THE NUMBER OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER. THE CONTROLLER THEN REVIEWS THE FORM 990 WITH THE GENERAL MANAGER. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE CLUB OPERATES IN A MANNER CONSISTENT WITH ITS EXEMPT PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING; AND (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CLUB'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER SOCIAL CLUB PURPOSES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT DETERMINES AND APPROVES COMPENSATION OF THE GENERAL MANAGER USING DATA FOR COMPARABLE POSITIONS AS SIMILAR CLUBS. THE GENERAL MANAGER DETERMINES AND APPROVES COMPENSATION FOR ALL DIRECTORS AND MANAGEMENT USING DATA FOR COMPARABLE POSITIONS AS SIMILAR CLUBS. COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED AND RETAINED IN EMPLOYEE FILES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES & FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR REVIEW AT THE CLUB. FORM 990, PART IX, LINE 24E FOOD AND BEVERAGE 485,605. EQUITY PAYMENTS TO SELLING MEMBERS 412,000. GENERAL & ADMINISTRATIVE 366,651. PROJECT EXPENSES 333,877. TENNIS 265,273. SWIMMING 197,779. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.