2025-07-28T15:56:18-05:00 2024-09-30 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14TH FLOOR GLENDALE CA 91203 990 2023-10-01 951892068 EL CABALLERO COUNTRY CLUB ELCA 8186543000 18300 TARZANA DRIVE TARZANA CA 91356 JAY MANGEL TREASURER 8186543000 2025-07-28 1 0 MARK J HENNELLY P00982999 8186375000 2023 2025-03-06 01:10:19Z 18300 TARZANA DRIVE TARZANA CA 91356 19975256 0 X WWW.ELCABALLEROCC.COM X 1957 CA TO PROMOTE MEMBER RECREATION BY OWNING AND OPERATING A NON-PROFIT GOLF CLUB. TO PROMOTE THE BENEFIT, PLEASURE, AND RECREATION OF MEMBERS BY OWNING, OPERATING, AND MANAGING A NON-PROFIT GOLF AND SOCIAL CLUB. 12 12 220 0 579535 46616 0 0 13795026 15742861 16975 52991 -957158 -1388950 12854843 14406902 0 0 0 0 5332629 6330844 0 0 0 6803585 7431144 12136214 13761988 718629 644914 17711583 18292134 10259484 10196150 7452099 8095984 TO PROMOTE THE BENEFIT, PLEASURE, AND RECREATION OF MEMBERS BY OWNING, OPERATING, AND MANAGING A NON-PROFIT GOLF AND SOCIAL CLUB. 0 0 PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 1 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 65 0 220 1 1 1 0 0 0 1 1 908680 1957692 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KRISTIN CHARNESS 8186543000 18300 TARZANA DRIVE TARZANA CA 91356 LARRY ABRAMSON PRESIDENT 5.00 X X 0 0 0 ANDREW KAIREY 1ST VP 5.00 X X 0 0 0 DREW POMERANCE 2ND VP 5.00 X X 0 0 0 MIKE TURNER 3RD VP 3.00 X X 0 0 0 JAY MANGEL TREASURER 3.00 X X 0 0 0 ROMI GOREN SECRETARY 2.00 X X 0 0 0 PAUL APPLEFIELD DIRECTOR 1.00 X 0 0 0 JAY BLECKER DIRECTOR 1.00 X 0 0 0 RICK BROWNE DIRECTOR 1.00 X 0 0 0 JIM FELTON DIRECTOR 1.00 X 0 0 0 MIKE GREENFELD DIRECTOR 1.00 X 0 0 0 JANE WINSTON DIRECTOR 1.00 X 0 0 0 PHIL LOPEZ GENERAL MANAGER 40.00 X 347642 0 29711 BRETT MORMANN DIRECTOR OF GOLF 40.00 X 216482 0 21064 KRISTIN CHARNESS CONTROLLER 40.00 X 193122 0 27986 TASHA BOHLIG HEAD GOLF PRO 40.00 X 154101 0 11376 DANNY BRENNAN CLUBHOUSE MANAGER 40.00 X 143031 0 143 MATT DEUEL SUPERINTENDENT 40.00 X 144915 0 14311 1199293 0 104591 6 1 1 0 JON ROBERTS 3314 SCADLOCK LANE SHERMAN OAKS CA 91403 'GENERAL FACILITY MAINTEN 116243 1 MEMBERSHIP DUES 713910 10867324 10867324 ASSESSMENTS & MEMBERSHIP 713910 2198203 2198203 GOLF ACTIVITIES 713910 1574686 1054756 519930 INITIATION FEES 908680 908680 FITNESS AND OTHER 713940 78163 78163 115805 115805 15742861 59605 59605 2000 700 1300 1300 1300 6614 -6614 -6614 -6614 4170790 5561040 -1390250 -1390250 14406902 13827367 579535 0 X 377352 4484925 35016 1025612 407939 42567 203386 1404695 171000 UTILITIES 1315502 SUPPLIES 1042859 GOLF COURSE OPERATING E 414982 A&G OPERATING EXPENSES 360279 2475874 13761988 484529 485933 1537340 2062327 873316 1149867 341942 351411 55154 72390 35356130 22578478 12781498 12777652 1637804 1392554 17711583 18292134 1362375 1877467 92581 61176 4264203 3304150 4540325 4953357 10259484 10196150 X 7452099 8095984 7452099 8095984 17711583 18292134 X 644914 -1029 X 0 1 X 1 0 12076397 10385222 1691175 2315334 1913374 401960 4791700 3976031 815669 16172699 6303851 9868848 12777652 RIGHT OF USE ASSETS 1392554 1392554 US SMALL BUSINESS ADMIN 150000 MEMBER DEPOSITS 2773618 OPERATING & FINANCE LEASES 2029739 4953357 X 19975256 5568354 5568354 14406902 0 14406902 19331371 5569383 5569383 13761988 0 13761988 PART X, LINE 2: THE CLUB HAS BEEN GRANTED EXEMPTION FROM FEDERAL AND CALIFORNIA TAXES ON INCOME AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(7) AND SECTION 23701G OF THE CALIFORNIA REVENUE AND TAXATION CODE. HOWEVER, THE TAX REFORM ACT OF 1969 PROVIDES FOR THE ASSESSMENT OF TAXES ON WHAT IS TERMED UNRELATED BUSINESS INCOME. THIS IS GENERALLY DEFINED TO REPRESENT SUCH FORMS OF UNRELATED INCOME AS INVESTMENT INCOME AND RENTAL INCOME. AS A 501(C)(7) ORGANIZATION, THE CLUB IS LIMITED IN THE AMOUNT OF REVENUE THAT CAN BE GENERATED FROM NONMEMBER SOURCES. TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF SEPTEMBER 30, 2024, THE CLUB HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CLUB'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA FRANCHISE TAX BOARD, GENERALLY FOR THREE (3) AND FOUR (4) YEARS, RESPECTIVELY, AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,561,040. LOSS ON DISPOSAL 6,614. RENTAL EXPENSE 700. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,561,040. LOSS ON DISPOSAL 6,614. RENTAL EXPENSE 700. FUEL TAX CREDIT 1,029. X X X X 0 0 0 PHIL LOPEZ GENERAL MANAGER 296692 0 43260 0 7690 0 3057 0 26654 0 377353 0 0 0 BRETT MORMANN DIRECTOR OF GOLF 171668 0 17800 0 27014 0 2115 0 18949 0 237546 0 0 0 KRISTIN CHARNESS CONTROLLER 175048 0 12500 0 5574 0 1917 0 26069 0 221108 0 0 0 TASHA BOHLIG HEAD GOLF PRO 127500 0 13750 0 12851 0 1439 0 9937 0 165477 0 0 0 MATT DEUEL SUPERINTENDENT 69375 0 0 0 75540 0 641 0 13670 0 159226 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - MEMBERS ANNUALLY ELECT BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - THE MEMBERSHIP DECIDES, BY VOTE, ON CHANGES TO THE CLUB'S BYLAWS AND CERTAIN OTHER DECISIONS AS OUTLINED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE CLUB'S CPA FIRM PREPARES THE 990 WHICH IS THEN REVIEWED AND RECONCILED TO THE FINANCIAL STATEMENTS BY THE CLUB'S CONTROLLER. THE TREASURER REVIEWS/APPROVES THE 990. THE REVIEW IS COMMUNICATED TO THE BOARD OF DIRECTORS AND SIGNED BY THE APPROPRIATE OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST ACKNOWLEDGMENT AND DISCLOSE ANY DEALINGS WITH THE ORGANIZATION. ALL DISCLOSURES ARE EVALUATED AT THE BOARD MEETINGS AND ARE APPROVED OR DISAPPROVED IN ACCORDANCE WITH POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER CONDUCTS PERFORMANCE REVIEWS FOR MEMBERS OF MANAGEMENT. COMPENSATION RECOMMENDATIONS ARE PROVIDED TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL PERFORMANCE AND COMPENSATION REVIEW WITH THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT AVAILABLE FOR PUBLIC REVIEW. FORM 990, PART IX, LINE 24E REPAIRS & MAINTENANCE 350,054. PARKING 308,629. TOURNAMENT 277,076. PROPERTY TAX 256,720. PRO SHOP OPERATING EXPENSE 228,651. OUTSIDE SERVICES 214,651. F&B OPERATING EXPENSE 182,593. EVENTS & ACTIVITIES 148,053. LEASED EQUIPMENT 143,559. CLUBHOUSE OPERATING EXPENSE 92,207. ENTERTAINMENT & DECORATIONS 49,873. LOCKER ROOMS OPERATING EXPENSE 48,623. POOL OPERATING EXPENSE 47,247. GOLF ACTIVITIES OPERATING 44,225. RENTAL EXPENSE 43,739. FITNESS OPERATING EXPENSE 19,602. INCOME TAXES 13,000. TENNIS OPERATING EXPENSE 7,372. FORM 990, PART XI, LINE 9: FUEL TAX CREDIT -1,029.