2025-11-03T13:42:49-06:00 2024-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2024-01-01 941476241 LADERA OAKS LADE 6508543101 3249 ALPINE RD PORTOLA VALLEY CA 94028 KEVIN KOPENSKI CONTROLLER 6508543101 2025-11-03 1 1 SCOTT WATTERS P01246213 4082877911 2024 2025-03-06 01:10:19Z KATIE ELGAAEN 3249 ALPINE RD PORTOLA VALLEY CA 94028 6536503 0 X WWW.LADERAOAKS.COM X 1958 CA AT LADERA OAKS, WE ARE COMMITTED TO BUILDING A STRONG COMMUNITY 9 9 107 10 715457 84402 0 0 4603842 5233011 61828 80351 21908 -1617 4687578 5311745 0 0 0 0 2071169 2284359 0 0 0 2402855 3226151 4474024 5510510 213554 -198765 11182355 10616425 1284610 866088 9897745 9750337 X AT LADERA OAKS, WE ARE COMMITTED TO BUILDING A STRONG COMMUNITY THROUGH HIGH-QUALITY AND COMPETITIVE SWIMMING, RACQUET SPORTS, AND FITNESS PROGRAMS. WE AIM TO PROVIDE A RELAXED AND FAMILY-FRIENDLY ATMOSPHERE WITH A UNIQUE VIBE THAT SUPPORTS PERSONAL GROWTH, HEALTHY LIVING, AND THE ENJOYMENT OF SPORTS. OUR GOAL IS TO OFFER EXCELLENT FACILITIES, EXPERT COACHING, AND A WELCOMING ENVIRONMENT FOR ALL AGES AND SKILL LEVELS. 0 0 LADERA OAKS OFFERS HIGH QUALITY RECREATION AND COMPETITIVE SWIM, TENNIS AND FITNESS PROGRAMS IN A FUN, FAMILY-FRIENDLY ATMOSPHERE. WE OFFER LESSONS, CLINICS, CLASSES, COACHING, WORKOUTS AND TEAM OPPORTUNITIES AT EVERY LEVEL. 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 19 0 1 107 1 1 1 0 0 0 0 1128750 631599 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 KEVIN KOPENSKI 6508543101 3249 ALPINE ROAD PORTOLA VALLEY CA 940287522 PAUL CHARRETTE PRESIDENT 15.00 X X 0 0 0 MEERA SRIPATHY VICE PRESIDENT 5.00 X X 0 0 0 STACEY CAPPS SECRETARY 10.00 X X 0 0 0 TOM PAI TREASURER 5.00 X X 0 0 0 BRENDA LO DIRECTOR 1.00 X 0 0 0 CATHY SUTHERLAND FINKLESTEIN DIRECTOR 1.00 X 0 0 0 DANA HALL DIRECTOR 1.00 X 0 0 0 SCOTT RITCHEY DIRECTOR 1.00 X 0 0 0 TRES EVANS DIRECTOR 1.00 X 0 0 0 KATIE ELGAAEN GENERAL MANAGER 40.00 X 212439 0 30669 KEVIN KOPENSKI FINANCE MANAGER 40.00 X 145810 0 26892 RAY BILSEY TENNIS PRO 40.00 X 132605 0 20275 490854 0 77836 3 0 1 0 ULTIMATE PROFESSIONAL BUILDING MAINTENAN 1090 S MILPITAS BLVD SUITE 137 MILPITAS CA 95035 CLEANING SERVICES 127808 1 MEMBERSHIP DUES AND ASSESSMENTS 713940 2184775 2184775 DEPARTMENT & SPORTS REVENUE 713940 1486843 855244 631599 MEMBERSHIP TRANSFER FEE 713940 1150666 1150666 ASSOCIATE JOINING FEE 713940 277000 277000 CLUBHOUSE AND LOCKER ROOM REVENUE 713940 133727 133727 5233011 83858 83858 1207000 1207000 3507 0 -3507 -3507 -3507 12442 14251 -1809 -1809 OTHER REVENUE 713940 192 192 192 5311745 4599795 715457 -3507 X 415810 1531368 29234 151867 156080 51243 42868 59088 72221 612728 14768 1283104 62531 INCOME TAX 15355 REPAIRS AND MAINTENANCE 325690 PROGRAM EXPENSES 219949 LINENS 126296 340310 5510510 360828 181049 8134 315410 370791 337464 5993 6641 106938 72566 14468658 7468200 8116296 7000458 2123059 2545998 90316 156839 11182355 10616425 206623 299486 149001 60001 617166 284444 311820 222157 1284610 866088 X 9897745 9750337 9897745 9750337 11182355 10616425 -198765 51357 0 X X 0 1 X 1 0 47638 47638 13804098 7072558 6731540 336194 242913 93281 280728 152729 127999 7000458 DEPOSITS FROM WAITING-IN MEMBERS 500 CAPITAL LEASE 31871 DUES BILLED IN ADVANCE 189786 222157 X 5377353 51357 14251 65608 5311745 0 5311745 5524761 14251 14251 5510510 0 5510510 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. 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 FOURS YEARS FOR CALIFORNIA TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 14,251. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 14,251. 1 X 0 0 0 KATIE ELGAAEN GENERAL MANAGER 181689 0 30750 0 0 0 9386 0 21283 0 243108 0 0 0 KEVIN KOPENSKI FINANCE MANAGER 124750 0 21060 0 0 0 6480 0 20412 0 172702 0 0 0 RAY BILSEY TENNIS PRO 129605 0 3000 0 0 0 5950 0 14325 0 152880 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PROPRIETARY MEMBERS OF A MUTUAL BENEFIT SOCIAL CLUB. FORM 990, PART VI, SECTION A, LINE 7A PROPRIETARY MEMBERS OF A MUTUAL BENEFIT SOCIAL CLUB VOTE. FORM 990, PART VI, SECTION A, LINE 7B PROPRIETARY MEMBERS OF A MUTUAL BENEFIT SOCIAL CLUB VOTE APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S FINANCE STAFF AND MANAGEMENT STAFF AND QUESTIONS ARE REFERRED TO THE OUTSIDE TAX PROFESSIONAL. AFTER A FULL REVIEW (WITH MODIFICATIONS WHERE NECESSARY), THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING GOVERNING BODY. THE TREASURER AUTHORIZES THE FINAL FORM 990, WHICH IS THEN ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER THE DISCLOSURE, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS APPROVE. FORM 990, PART VI, SECTION C, LINE 19 BY-LAWS AND NEWSLETTER. FORM 990, PART IX, LINE 24E SUPPLIES 121,917. FOOD & BEVERAGE 119,757. LICENSES, DUES AND SUBSCRIPTIONS 82,920. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 15,684. OTHER EXPENSES 32. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.