2024-10-23T13:20:18-05:00 2023-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2023-01-01 941091177 LA RINCONADA COUNTRY CLUB LARI 4083954181 14595 CLEARVIEW DR LOS GATOS CA 95032 ANDY KIMBALL GENERAL MANAGER 4083954181 2024-10-22 1 1 SCOTT WATTERS P01246213 4082877911 2023 2024-10-15 13:58:12Z TERRY NEGENDANK 14595 CLEARVIEW DR LOS GATOS CA 95032 16222791 0 1 X WWW.LARINCONADACC.COM X 1929 CA 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 9 209 9 569112 106943 0 0 9278781 10427218 5947 122942 2995561 3737440 12280289 14287600 0 0 0 0 7029380 7700589 0 0 0 5572305 5645704 12601685 13346293 -321396 941307 45172548 44357891 18873677 17117713 26298871 27240178 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 & RECREATIONAL PROGRAMS, SEE PART VIII FOR LISTINGS. 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 1 0 0 0 1 98 0 1 209 1 0 0 0 0 0 1600125 846586 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 0 1 1 1 0 0 X ANDY KIMBALL 4083954181 14595 CLEARVIEW DR LOS GATOS CA 95032 TERRY NEGENDANK PRESIDENT 1.00 X X 0 0 0 SCOTT LAMSON VICE PRESIDENT 1.00 X X 0 0 0 DAN DOLES TREASURER 1.00 X X 0 0 0 BRAD KROUSKUP DIRECTOR 1.00 X 0 0 0 CELIA BELL DIRECTOR 1.00 X 0 0 0 TED BAUMILLER DIRECTOR 1.00 X 0 0 0 JEFF GALLINAT DIRECTOR 1.00 X 0 0 0 DIANNE STOKES DIRECTOR 1.00 X 0 0 0 BOB RILAND DIRECTOR 1.00 X 0 0 0 SURENDRA MISTRY CONTROLLER 40.00 X 196551 0 0 ANDY KIMBALL GENERAL MANAGER 40.00 X 382293 0 0 KYLE BRANNAN GOLF PROF. 40.00 X 168936 0 0 KEVIN BREEN GOLF COURSE SUPER. 40.00 X 258047 0 12814 NICK DIFU HEAD CHEF 40.00 X 185268 0 8718 INGRID FIRPO EVENT DIRECTOR 40.00 X 203566 0 6971 1394661 0 28503 6 0 1 0 0 MEMBERSHIP DUES 713910 7917885 7917885 TRANSFER AND INITIATION FEES 713910 1600125 1600125 GREEN FEES & CART 713910 501908 372256 129652 PROSHOP 713910 407300 398493 8807 10427218 122942 122942 24000 27418 -3418 -3418 -3418 4615695 1907773 2707922 2396793 311129 LAND ACQUISITION FUND 713910 977834 977834 MISCELLANEOUS 713910 55102 55102 1032936 14287600 13718488 569112 0 X 578844 5699896 104075 827188 490586 488656 1487351 169003 INCOME TAXES 33680 GOLF COURSE 1378516 FACILITY MAINTENANCE 614645 FOOD AND BEVERAGE 328945 1144908 13346293 3000568 9443 34581 4369096 1551740 1694271 2902500 967500 434584 442198 235013 246854 53736526 18032154 36412194 35704372 601368 924157 45172548 44357891 1381735 1419976 655702 766466 16836240 14931271 18873677 17117713 X 26298871 27240178 26298871 27240178 45172548 44357891 941307 0 X X 0 1 X 1 0 18900000 18900000 14420346 5292016 9128330 7818677 6184952 1633725 12597503 6555186 6042317 35704372 FORMER MEMBER PAYABLE 781667 LONG TERM DEBT 13747586 OPERATING LEASE OBLIGATION 402018 14931271 X 16222791 1935191 1935191 14287600 0 14287600 15281484 1935191 1935191 13346293 0 13346293 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,907,773. RENTAL EXPENSE 27,418. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,907,773. REMTA; EXPENSES 27,418. X 1 0 X 0 0 0 ANDY KIMBALL GENERAL MANAGER 300733 0 67600 0 13960 0 0 0 0 0 382293 0 0 0 KEVIN BREEN GOLF COURSE SUPER. 192247 0 25000 0 40800 0 0 0 12814 0 270861 0 0 0 INGRID FIRPO EVENT DIRECTOR 159566 0 25000 0 19000 0 0 0 6971 0 210537 0 0 0 SURENDRA MISTRY CONTROLLER 161561 0 16000 0 18990 0 0 0 0 0 196551 0 0 0 NICK DIFU HEAD CHEF 168768 0 15000 0 1500 0 0 0 8718 0 193986 0 0 0 KYLE BRANNAN GOLF PROF. 153936 0 9000 0 6000 0 0 0 0 0 168936 0 0 0 PART I, LINE 1A THE GOLF COURSE SUPERINTENDENT OF THE CLUB LIVES IN CLUB PROVIDED HOUSING WHICH IS LOCATED ON THE PREMISES OF THE CLUB FOR THE CONVENIENCE OF THE CLUB. THE VALUE OF THE HOUSING IS INCLUDED IN HIS COMPENSATION FORM W-2. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS APPROXIMATELY 446 EQUITY MEMBERS. CERTIFICATED (GOLF) MEMBERS HOLD EQUITY IN THE CLUB SIMILAR TO A STOCKHOLDER. FORM 990, PART VI, SECTION A, LINE 7A ALL CERTIFICATED (GOLF) MEMBERS IN GOOD STANDING HAVE VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE BOARD ARE SUBJECT TO MEMBER APPROVAL: 1. INCURRING DEBT FOR CAPITAL EXPENDITURES OVER $25,000 2. LEVYING ASSESSMENTS OVER $100 PER MEMBER PER CALENDAR YEAR. 3. BY-LAW CHANGES FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION: THE TREASURER, AS REPRESENTATIVE OF THE BOARD OF DIRECTORS, REVIEWS AND SIGNS THE FORM 990. THE OTHER BOARD MEMBERS ALSO RECEIVE A COPY OF THE RETURNS AND MAY ALSO SUBMIT COMMENTS AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE GENERAL MANAGER'S COMPENSATION BY DOING A COMPARABILITY DATA ANALYSIS AGAINST OTHER COUNTRY CLUBS IN THE AREA. BASED ON THE COMPARABILITY DATA, THE CORRECT COMPENSATION FOR THE GENERAL MANAGER IS DETERMINED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC VIA CLUB WEBSITE, UPON REQUEST AND INSPECTION AT THE CLUB. FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AND INSPECTION AT THE CLUB. FORM 990, PART IX, LINE 24E PROSHOP 327,310. PROPERTY TAX 324,630. GENERAL AND ADMINISTRATIVE 286,872. FITNESS FACILITY 206,096. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR CLEARVIEW GOLF ASSOCIATES LLC 14595 CLEARVIEW DRIVE LOS GATOS CA 95032 862963224 TO PURCHASE A FEE SIMPLE INTEREST IN REAL PROPERTY. CA 0 18900000 LA RINCONADA COUNTRY CLUB