2024-08-08T09:06:44-05:00 2023-03-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2022-04-01 940837870 SAN JOSE COUNTRY CLUB SANJ 4082584901 15571 ALUM ROCK AVE SAN JOSE CA 95127 RON WERNER TREASURER 4082584901 2024-08-07 1 1 SCOTT WATTERS P01246213 4082877911 2022 2024-08-08 14:25:15Z X TIM DE KAY 15571 ALUM ROCK AVE SAN JOSE CA 95127 8179330 0 1 X WWW.SANJOSECOUNTRYCLUB.ORG X 1980 CA TAXPAYER IS AN EXEMPT ORGANIZATION UNDER IRC 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED SUBSTANTIALLY FOR PLEASURE AND RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE TAXPAYER ARE RELATED TO THE PURPOSE OF SOCIAL AND RECREATIONAL BENEFITS. 9 9 184 32 617160 0 0 0 4842371 5012680 0 114 2211712 2279735 7054083 7292529 0 0 0 0 3716077 4230912 0 0 0 3568034 3548481 7284111 7779393 -230028 -486864 8003090 7883653 2136137 2503564 5866953 5380089 TAXPAYER IS AN EXEMPT ORGANIZATION UNDER IRC 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED SUBSTANTIALLY FOR PLEASURE AND RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE TAXPAYER ARE RELATED TO THE PURPOSE OF SOCIAL AND RECREATIONAL BENEFITS. 0 0 SOCIAL AND RECREATIONAL PROGRAMS. SEE PART VIII FOR LISTING. 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 18 0 1 184 1 1 1 0 0 0 1 1 441239 823558 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 DANIEL LO 4082584901 15571 ALUM ROCK AVE SAN JOSE CA 95127 BRANDON BAIN DIRECTOR 2.00 X 0 0 0 LEANNE DAMIANI DIRECTOR 2.00 X 0 0 0 STEVE MARTIN DIRECTOR 2.00 X 0 0 0 RAYMOND SHACKELFORD DIRECTOR 2.00 X 0 0 0 TOM ZIPSE DIRECTOR 2.00 X 0 0 0 TIM DE KAY PRESIDENT 2.00 X X 0 0 0 CHUCK GILLINGHAM VICE PRESIDENT 2.00 X X 0 0 0 JOAO FREITAS SECRETARY 2.00 X X 0 0 0 RON WERNER TREASURER 2.00 X X 0 0 0 LLOYD MARTINDALE GENERAL MANAGER (CURRENT) 40.00 X 61375 0 0 PARKER RAY COURSE SUPERINTENDENT 40.00 X 160500 0 3204 ANDREW SANTOS HEAD GOLF PRO 40.00 X 150670 0 8837 JOSE CADENAS EXECUTIVE CHEF 40.00 X 100700 0 13241 DANIEL LO CONTROLLER 40.00 X 130000 0 7182 MICHAEL COMERATE GENERAL MANAGER (FORMER) 40.00 X 169243 0 13860 772488 0 46324 5 0 1 0 HYO J KIM70-30 GOLF ACADEMY 15571 ALUM ROCK AVE SAN JOSE CA 95127 GOLF LESSONS TO MEMBERS 181783 1 MEMBERSHIP DUES 713910 4059872 4059872 GOLF FEES 713910 592034 383066 208968 GOLF CARTS 713910 311279 296591 14688 LOCKER ROOM 713910 42945 42945 SWIM FEES 713910 6550 6550 5012680 114 114 2192747 886801 1305946 912556 393390 INITIATION AND TRANSFER FEES 713910 441239 441239 CAPITAL DUES 713910 421800 421800 UNSPENT MINIMUM 713910 88854 88854 21896 21896 973789 7292529 6675369 617160 0 X 567689 2998787 369553 294883 14699 444664 108998 GOLF COURSE 1193191 PRO SHOP/GOLF CARTS 524315 CLUBHOUSE 323951 GENERAL AND ADMINSTRATI 323921 614742 7779393 1324470 339280 637998 1230207 595104 765006 191436 174885 35121 34770 12962681 7767184 5218961 5195497 0 144008 8003090 7883653 1282765 1422995 603677 636788 249695 443781 2136137 2503564 X 5866953 5380089 5866953 5380089 8003090 7883653 -486864 0 X X 0 1 X 1 0 260000 260000 5128132 2066096 3062036 3690104 3142978 547126 3884445 2558110 1326335 5195497 FINANCE LEASE OBLIGATIONS 299773 OPERATING LEASE OBLIGATIONS 144008 443781 X 8179330 886801 886801 7292529 0 7292529 8666194 886801 886801 7779393 0 7779393 PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES ALL POSITIONS TAKEN BY THE CLUB 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 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 886,801. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 886,801. X X 1 1 1 PARKER RAY COURSE SUPERINTENDENT 154500 0 6000 0 0 0 0 0 3204 0 163704 0 0 0 ANDREW SANTOS HEAD GOLF PRO 143170 0 7500 0 0 0 0 0 8837 0 159507 0 0 0 MICHAEL COMERATE GENERAL MANAGER (FORMER) 139243 0 30000 0 0 0 0 0 13860 0 183103 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - INDIVIDUALS PURCHASE MEMBERSHIP TO THE CLUB AND ARE CHARGED DUES MONTHLY FOR CONTINUED MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE MEMBERS (PAST PRESIDENTS) FORM A NOMINATING COMMITTEE. THE COMMITTEE APPOINTS THREE NEW QUALIFYING BOARD MEMBERS EACH YEAR. THE BOARD (ALSO MEMBERS) VOTE TO ACCEPT THE APPOINTED THREE NEW MEMBERS SELECTED BY THE NOMINATING COMMITTEE. IF THE MEMBERSHIP FEELS ANOTHER QUALIFYING CANDIDATE HAS BEEN OVERLOOKED, A PETITION CAN BE FILED AND ONCE VERIFIED, EACH MEMBER HAS AN OPPORTUNITY TO VOTE FOR THREE NEW BOARD MEMBERS BY BALLOT. THE THREE QUALIFYING CANDIDATES WITH THE MOST VOTES WILL ASSUME THE BOARD POSITIONS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - AT LEAST TWENTY VOTING MEMBERS MUST ATTEND ANY SPECIAL MEETINGS TO VOTE ON MATTERS PRESENTED BEFORE THE BOARD OF DIRECTORS AT SUCH MEETINGS. ANY MEMBER ASSESSMENT WHICH IS CUMULATIVELY GREATER THAN ONE-HALF OF THE AMOUNT OF ANNUAL DUES FOR ANY ONE FISCAL YEAR REQUIRES MEMBERSHIP APPROVAL. ANY AMENDMENTS TO THE BYLAWS MUST BE APPROVED BY A MAJORITY VOTE OF THE VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER FOR ACCURACY. IT IS THEN REVIEWED BY THE CLUB TREASURER AND THE AUDIT COMMITTEE BEFORE BEING SUBMITTED TO THE BOARD OF DIRECTORS FOR SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEES ARE RESPONSIBLE TO DISCLOSE A POTENTIAL CONFLICT OF INTEREST TO THE RESPECTIVE COMMITTEE CHAIRPERSON. IF NEEDED, THE COMMITTEE CHAIRPERSON BRINGS THE ISSUE TO THE BOARD OF DIRECTORS' ATTENTION. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, HIGHLY COMPENSATED AND KEY EMPLOYEES ARE EVALUATED WITH INDIVIDUAL PERSONAL REVIEWS (IPR) TO DETERMINE THEIR WORK PERFORMANCES AGAINST GOALS AND STANDARDS THAT ARE SET WITHIN THEIR JOB DESCRIPTIONS. KEY EMPLOYEES' COMPENSATIONS ARE COMPARED TO NATIONAL EMPLOYMENT SALARY GUIDES TO MEASURE THEIR COMPENSATION IS FAIR AND COMPARABLE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC. THESE DOCUMENTS ARE ONLY AVAILABLE TO MEMBERS AND POSTED ON THE CLUB'S WEBSITE. FORM 990, PART IX, LINE 24E FOOD & BEVERAGES 214,204. MAINTENANCE 190,087. CAPITAL FUND EXPENSE 109,041. PROPERTY TAX 75,518. SWIMMING POOL 17,888. LOCKER ROOMS 8,004. PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR. AMENDED RETURN AN AMENDED RETURN IS BEING FILED TO REPORT ACCURATE FINANCIAL AMOUNTS ON RETURN. AUDITED FINANCIALS STATEMENTS WERE FINALIZED AFTER THE ORIGINAL FILING OF FORM 990 AND THE AMENDED RETURN REFLECTS THESE CHANGES. AMENDED SECTIONS INCLUDE: PART I - SUMMARY PART VIII - STATEMENT OF REVENUE PART IX - STATEMENT OF FUNCTIONAL EXPENSES PART X - BALANCE SHEET PART XI - RECONCILIATION OF NET ASSETS SCH D PART XI AND XII - RECONCILIATION OF AUDITED FINANCIAL STATEMENT