2024-09-10T15:38:45-05:00 2023-10-31 941668792 PPCO ADVISORS LLC 333 WEST SANTA CLARA ST 800 SAN JOSE CA 951131716 990 2022-11-01 940639250 LOS ALTOS GOLF & COUNTRY CLUB LOSA 6509481024 1560 COUNTRY CLUB DRIVE LOS ALTOS CA 94024 SUSAN BLACKMORE SECRETARY 6509481024 2024-09-10 1 1 SCOTT WATTERS P01246213 4082877911 2022 2024-08-08 14:25:15Z SUSAN BLACKMORE 1560 COUNTRY CLUB DRIVE LOS ALTOS CA 94024 22757315 0 X WWW.LAGCC.COM X SOCIAL AND RECREATIONAL PROGRAMS 1923 CA TO PROVIDE SOCIAL AND RECREATIONAL PROGRAMS FOR THE BENEFIT OF CLUB MEMBERS. 9 9 243 9 905488 163960 0 0 11789777 12701011 45071 166175 5284449 4882345 17119297 17749531 0 0 0 0 9535201 10423231 0 0 0 6753370 7765986 16288571 18189217 830726 -439686 31036431 30104555 5178218 4686028 25858213 25418527 LOS ALTOS GOLF AND COUNTRY CLUB IS A PRIVATE, MEMBER-OWNED CLUB WHICH EXISTS TO PROVIDE A QUALITY, FAMILY ORIENTED ENVIRONMENT FOR THE RECREATION, RELAXATION, AND SOCIAL INTERACTION OF MEMBERS, THEIR FAMILIES AND GUESTS. 0 0 TO PROVIDE SOCIAL AND RECREATIONAL PROGRAMS TO CLUB MEMBERS 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 72 0 243 1 1 1 0 0 0 1 1 2250914 903673 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN BLACKMORE 6509473105 1560 COUNTRY CLUB DRIVE LOS ALTOS CA 94024 KATHY COLE PRESIDENT 0.00 X X 0 0 0 JOHN RAYDEN VICE PRESIDENT 0.00 X X 0 0 0 PAUL GLASER TREASURER 0.00 X X 0 0 0 MATT LEE DIRECTOR 0.00 X 0 0 0 BARBARA WILBUR DIRECTOR 0.00 X 0 0 0 GLEN SCHOFIELD DIRECTOR 0.00 X 0 0 0 BRAD DINSMORE DIRECTOR 0.00 X 0 0 0 DIANA RUSSELL DIRECTOR 0.00 X 0 0 0 ED GRAZIANI DIRECTOR 0.00 X 0 0 0 RANDALL BERTAO GENERAL MANAGER 40.00 X 410533 0 50368 SUSAN BLACKMORE CFO/SECRETARY 40.00 X 258055 0 31402 MICHAEL SIMPSON GROUNDS SUPERINTENDENT 40.00 X 343701 0 35775 TRUMAN JONES EXECUTIVE CHEF 40.00 X 209761 0 36683 KAREN AASEN HR DIRECTOR 40.00 X 189029 0 16526 MIKE STEVENSON DIRECTOR OF GOLF 40.00 X 286726 0 10609 JASON MARTIN DIRECTOR OF AQUATICS 40.00 X 199778 0 47760 GAYLE JAN SPECIAL EVENTS DIRECTOR 40.00 X 189029 0 35764 2086612 0 264887 8 0 1 0 0 MEMBER DUES 713910 11226840 11226840 GOLF COURSE 713910 699644 550243 149401 SWIMMING AND TENNIS 713910 580685 532373 48312 FITNESS 713910 104922 104922 LOCKER ROOMS 713910 88920 88920 12701011 188880 15355 173525 3303000 12000 3303000 34705 0 -22705 -22705 -22705 3904085 1670079 2234006 1721756 512250 INITIATION FEES 713910 2250914 2250914 ROOM RENTAL 713910 316390 316390 OTHER INCOME 713910 74470 52470 22000 6565 6565 2648339 17749531 16844043 905488 0 X 1012289 7436450 244294 1108901 621297 488285 98760 1111244 26179 29789 1662410 392371 SUPPLIES 708343 SPECIAL EXPENDITURES 548484 OUTSIDE SERVICES 547458 REPAIRS & MAINTENANCE 357795 1794868 18189217 2220300 591659 2991568 3816391 1584499 1752907 562626 594570 255498 173926 45218390 22631484 23412063 22586906 9877 588196 31036431 30104555 2719885 2744972 1099209 1234109 1359124 341180 0 365767 5178218 4686028 X 25858213 25418527 25858213 25418527 31036431 30104555 -439686 0 X X 0 1 X 0 0 541038 541038 28360076 10506119 17853957 7582564 6050597 1531967 8734712 6074768 2659944 22586906 OPERATING LEASE OBLIGATIONS 365767 365767 X 19419610 1670079 1670079 17749531 0 17749531 19859296 1670079 1670079 18189217 0 18189217 PART X, LINE 2: THE CLUB IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(7) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(G) ON ITS NONPROFIT ACTIVITY OF PROVIDING GOLF AND RELATED RECREATION TO ITS MEMBERS. 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 SALES 1,670,079. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,670,079. SCH D COST OF SALES: $1,670,079 X 1 0 X 0 0 0 RANDALL BERTAO GENERAL MANAGER 330900 0 79633 0 0 0 18950 0 31418 0 460901 0 0 0 MICHAEL SIMPSON GROUNDS SUPERINTENDENT 324194 0 19507 0 0 0 19668 0 16107 0 379476 0 0 0 MIKE STEVENSON DIRECTOR OF GOLF 216337 0 0 0 70389 0 9284 0 1325 0 297335 0 0 0 SUSAN BLACKMORE CFO/SECRETARY 221540 0 36515 0 0 0 15317 0 16085 0 289457 0 0 0 JASON MARTIN DIRECTOR OF AQUATICS 179278 0 20500 0 0 0 11975 0 35785 0 247538 0 0 0 TRUMAN JONES EXECUTIVE CHEF 187386 0 22375 0 0 0 12447 0 24236 0 246444 0 0 0 GAYLE JAN SPECIAL EVENTS DIRECTOR 168529 0 20500 0 0 0 0 0 35764 0 224793 0 0 0 KAREN AASEN HR DIRECTOR 168529 0 20500 0 0 0 0 0 16526 0 205555 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE COUNTRY CLUB. FORM 990, PART VI, SECTION A, LINE 7A ALL PROPRIETARY MEMBERS HAVE A VOTE. FORM 990, PART VI, SECTION A, LINE 7B MEMBER APPROVAL IS REQUIRED FOR THE FOLLOWING: ELECTION OF DIRECTORS, DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CLUB, ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT TO THESE TERMS, ANY ELECTION TO DISSOLVE THE CLUB, A CHANGE TO THE TRANSFER FEE STRUCTURE, AMENDMENTS TO ARTICLES OF INCORPORATION, INCREASE OR DECREASE IN THE NUMBER OF MEMBERS, A NEW CLASS OF STATUTORY MEMBERSHIP, CAPITAL IMPROVEMENT PROJECTS OVER $100,000 IN ANY FISCAL YEAR, AN INCREASE IN INDEBTEDNESS BY MORE THAN $100,000 IN ANY FISCAL YEAR, A RECALL OF A DIRECTOR, INCREASE TERM OF DIRECTORS, CHANGE THE NUMBER OF AUTHORIZED DIRECTORS, INCREASE THE NUMBER OF QUORUM MEMBERS MEETINGS, AND A CHANGE TO THE PROXY RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE DRAFT OF THE TAX RETURN AT THEIR MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL POLICIES ARE REVIEWED BY THE GENERAL MANAGER AND ANY CONFLICTS ARE DISCUSSED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION IS REVIEWED AND APPROVED BY GENERAL MANAGER, PRESIDENT AND VICE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE BY REQUEST ONLY. FORM 990, PART VI, SECTION C, LINE 19 IT DOES NOT MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY NOR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E TAXES 354,216. RENTAL EQUIPMENT 327,104. F&B OUTSIDE SERVICES 226,630. SPECIAL EVENTS 194,056. GRATIS FOOD & BEVERAGE 135,223. EMPLOYEE MEALS 104,531. COMMITTEE EXPENSE 97,773. F&B SUPPLIES 72,914. F&B REPAIRS & MAINTENANCE 55,143. DUES & SUBSCRIPTIONS 53,706. UNIFORMS 42,620. STATE INCOME TAX 41,278. CHINA, GLASS, UTENSILS 24,691. EDUCATION & TRAINING 20,366. MEMBER EXPENSES 14,266. PERMITS & LICENSES 13,758. POSTAGE 8,767. UNREALIZED LOSS ON INTEREST RATE SWAP 6,007. BAD DEBT 1,120. MISCELLANEOUS 699. 1 NO CHANGES HAVE BEEN MADE IN THE CURRENT YEAR.