2024-10-14T16:11:01-05:00 2023-12-31 840930288 BROCK AND COMPANY CPAS PC 3711 JFK PARKWAY SUITE 317 FORT COLLINS CO 80525 990 2023-01-01 840488011 PINEHURST COUNTRY CLUB PINE 3039851551 6255 W QUINCY AVE DENVER CO 80235 TREY BAYLISS G/COO 3039851551 2024-10-11 1 0 D MICHELLE GOEN CPA P00298791 9702237855 2023 2024-10-15 13:58:12Z TREY BAYLISS 6255 W QUINCY AVE DENVER CO 80235 13336677 0 X N/A X 1956 CO PRIVATE COUNTRY CLUB 7 7 371 53 184283 222174 0 0 9332945 9597231 14975 176195 -1339988 -1450588 8007932 8322838 0 0 0 0 3151545 4248426 0 0 0 3810350 4023168 6961895 8271594 1046037 51244 24881396 25159169 5445791 5686981 19435605 19472188 PRIVATE COUNTRY CLUB 0 0 GOLF COURSE - 27 HOLE GOLF COURSE AVAILABLE FOR MEMBERS AND GUESTS OF MEMBERS. NON-MEMBER GROUPS MAY ALSO SCHEDULE EVENTS UPON RECEIPT OF APPROVAL BY THE GOLF COMMITTEE. TENNIS COURTS - INDOOR AND OUTDOOR COURTS AVAILABLE FOR MEMBERS AND GUESTS OF MEMBERS. THE COURTS ARE ALSO UTILIZED FOR TEAM PLAY EVENTS. THERE IS ALSO A FITNESS CENTER IN THE OLD TENNIS BUILDING THAT HOUSES THE FOUR INDOOR COURTS WHICH ARE OPEN DAILY TO CLUB MEMBERS. SWIMMING POOL - ADULT AND CHILDREN POOL AVAILABLE FOR MEMBER USE. GUESTS OF MEMBERS MAY ALSO UTILIZE THE SWIMMING POOL ONLY IF USED IN ACCORDANCE WITH THE CLUB'S WRITTEN POLICIES. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 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 94 0 1 371 1 1 1 0 0 0 0 1778789 99942 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PINEHURST COUNTRY CLUB 3039851551 6255 WEST QUINCY AVENUE DENVER CO 80235 X KRISTIN OVERTON PRESIDENT 2.00 X X 0 0 0 RON TILTON TREASURER 2.00 X X 0 0 0 DAVE FLECK MEMBERSHIP COMMITTEE 2.00 X X 0 0 0 DAVE PETERS GREEN COMMITTEE 1.00 X 0 0 0 MATT KLUBE VICE PRESIDENT 2.00 X X 0 0 0 CHIP BLOCK DIRECTOR 1.00 X 0 0 0 JESSICA HARMS SECRETARY 1.00 X 0 0 0 ALEXANDER RAIMONDI GENERAL MANAGER 50.00 X 215385 0 0 STEPHEN SARRO GROUNDS SUPERINTENDENT 50.00 X 172736 0 14195 IAN AYLER DIRECTOR OF TENNIS 50.00 X 187003 0 8250 TIFFANY MESSER MEMBERSHIP DIRECTOR 50.00 X 129203 0 28589 ANDREA J GEE HR DIRECTOR 50.00 X 103131 0 3438 JERRI ANN CONLEY ASSISTANT CONTROLLER 50.00 X 111382 0 11628 ATAHULPA RODRIGUEZ MAINTENANCE DIRECTOR 50.00 X 103211 0 11771 KEVIN M VENA FORMER GENERAL MANAGER / COO 50.00 X 163294 0 29438 1185345 0 107309 8 1 1 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713910 8173281 8173281 PROGRAM SERVICE REVENUE 713910 1423950 1398670 25280 9597231 214331 214331 468834 148108 320726 320726 314726 6000 38136 -38136 -38136 -38136 3040801 4827595 -1786794 -1725466 -61328 MISC. REVENUE-RELATED-990 713910 15480 15480 15480 8322838 8138555 184283 0 X 738418 2953007 96636 176489 283876 103719 59169 55608 10051 5624 150355 906603 267324 UTILITIES 343600 PROPERTY TAXES 226544 OUTSIDE SERVICE 213236 REPAIRS & MAINTENANCE 212726 1468609 8271594 564012 4829256 500000 372754 254793 195100 255867 107293 89466 31990130 13316190 17662676 18673940 1714317 4821091 24881396 25159169 991022 1409831 49712 476460 4405057 3800690 5445791 5686981 X 0 0 0 0 19435605 19472188 19435605 19472188 24881396 25159169 X 51244 -14661 X X 0 1 X 1 0 11539737 11539737 20450393 13316190 7134203 18673940 WATER STOCK AND RIGHTS 1389047 ROU OPERATING LEASE ASSET 217088 CAPITAL FUNDING ACCOUNT 3214956 4821091 X 13298541 4975703 4975703 8322838 0 8322838 13261958 4990364 4990364 8271594 0 8271594 PART X, LINE 2: THE CLUB UTILIZES THE PROVISIONS OF ASC 740, PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS PRONOUNCEMENT REQUIRES THE USE OF A MORE-LIKELY-THAN-NOT RECOGNITION CRITERIA BEFORE AND SEPARATE FROM THE MEASUREMENT OF A TAX POSITION. AN ENTITY SHALL INITIALLY RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. WITH RESPECT TO THE CLUB, THIS WOULD PRIMARILY RELATE TO THE DETERMINATION OF UNRELATED BUSINESS TAXABLE INCOME, AND TO THE MAINTENANCE OF ITS TAX EXEMPT STATUS. MANAGEMENT HAS EVALUATED THE ADOPTED POLICIES AND PROCEDURES THAT HAVE BEEN IMPLEMENTED TO PROVIDE ASSURANCE THAT INCOME IS PROPERLY CHARACTERIZED AND ACTIVITIES THAT JEOPARDIZE ITS TAX EXEMPT STATUS ARE WITHIN LIMITS ESTABLISHED UNDER EXISTING TAX CODE AND REGULATIONS. MANAGEMENT HAS DETERMINED THE EFFECTS OF UNCERTAIN TAX POSITIONS ARE NOT MATERIAL TO THE CLUB FOR RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AND, ACCORDINGLY, NO INCOME TAX LIABILITY HAS BEEN RECORDED FOR UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALL INCOME TAX YEARS 2021 THROUGH THE CURRENT YEAR ARE OPEN FOR EXAMINATION AND ARE SUBJECT TO TAXATION AT CORPORATE TAX RATES. ADDITIONALLY, PENALTIES AND INTEREST MAY BE ASSESSED ON INCOME TAXES THAT ARE DELINQUENT. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 990 PAGE 9 4,827,595. RENT EXPENSE 148,108. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 990 PAGE 9 4,827,595. RENT EXPENSE 148,108. TIP CREDIT 14,661. X 1 1 X X X X 0 0 0 ALEXANDER RAIMONDI GENERAL MANAGER 215385 0 0 0 0 0 0 0 0 0 215385 0 0 0 IAN AYLER DIRECTOR OF TENNIS 187003 0 0 0 0 0 8028 0 222 0 195253 0 0 0 KEVIN M VENA FORMER GENERAL MANAGER / COO 163294 0 0 0 0 0 7655 0 21783 0 192732 0 0 0 STEPHEN SARRO GROUNDS SUPERINTENDENT 172736 0 0 0 0 0 7314 0 6881 0 186931 0 0 0 TIFFANY MESSER MEMBERSHIP DIRECTOR 129203 0 0 0 0 0 7275 0 21314 0 157792 0 0 0 PART I, LINE 1A ALL SUCH EXPENSES WERE SUBJECT TO THE SAME EXPENSE APPROVAL PROCESS AS OTHER CLUB EXPENDITURES. FORM 990, PART VI, SECTION A, LINE 6 CERTAIN MEMBER CLASSIFICATIONS HAVE VOTING RIGHTS WHEREBY THEY ARE ELEGIBLE TO VOTE AT THE ANNUAL OR SPECIAL MEMBERSHIP MEETINGS. THE VOTING RIGHTS ARE NORMALLY EXERCISED FOR VOTING FOR NEW MEMBERS FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A SEVEN MEMBERS CONSTITUTE THE BOARD OF DIRECTORS. EACH DIRECTOR HAS A 3 YEAR TERM. NEW DIRECTORS ARE VOTED UPON BY THE VOTING MEMBERS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B POTENTIAL BOARD OF DIRECTOR MEMBERS ARE PRESENTED TO THE VOTING MEMBERS FOR FINAL VOTE. SHOULD THE BOARD OF DIRECTORS DETERMINE THAT IT IS NECESSARY TO OBTAIN FINANCING ABOVE A CERTAIN AMOUNT, THIS ACTION IS APPROVED BY A VOTE OF THE VOTING MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B DRAFT COPY PROVIDED TO PRESIDENT AND TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYESS ARE INFORMED OF THE CLUB'S CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY. ANNUAL SIGN-OFFS ARE REQUIRED AND MAINTAINED BY THE CLUB. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE GENERAL MANAGER IS INCLUDED IN THE ANNUAL BUDGET FOR APPROVAL BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SPECIFICALLY APPROVES THE COMPENSATION PACKAGE FOR THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 SEE SCHEDULE O. FORM 990, PART IX, LINE 24E SEED, FERTILIZER, CHEMICALS 203,186. SUPPLIES 191,469. CONTRACT LABOR 171,211. COMPUTER SOFTWARE 146,411. MISCELLANEOUS 95,538. MEMBER FUNCTIONS 89,233. TELEPHONE 68,937. TREES 62,840. EMPLOYEE RECRUITMENT 61,639. MEMBERSHIP COMMISSIONS 50,493. MEMBER RELATIONS 48,865. EDUCATION/TRAINING 44,516. GAS AND OIL 42,597. LICENSES - WATER RIGHTS 27,136. FLOWERS 25,147. UNIFORMS 21,161. JANITORIAL 20,875. DUES & SUBSCRIPTIONS 17,449. SMALL TOOLS 15,082. LAUNDRY 12,889. COMMITTEE EXPENSE 12,365. BANK CHARGES 8,261. SECURITY 6,217. MARKETING 5,888. TOURNAMENTS 5,523. POSTAGE 5,145. FREIGHT 3,823. WEATHER FORECAST 2,870. PRINTING 1,843. FORM 990, PART XI, LINE 9: PAYROLL TAX EXPENSE REDUCTION FOR TIP CREDIT BENEFIT -14,661.