2025-08-15T18:34:23-05:00 2024-09-30 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2023-10-01 860107268 PARADISE VALLEY COUNTRY CLUB INC PARA 6028408100 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 STEVE DODENHOFF TREASURER 6028408100 2025-08-15 1 1 BRENDA ANN BLUNT CPA P00075126 4803151040 2025-08-15 2023 2025-03-06 01:10:19Z RYAN COZZETTO 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 31771060 0 X WWW.PARADISEVALLEYCC.COM X 1953 AZ A CLUB ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND NONPROFITABLE PURPOSES. 14 14 435 14 1241857 463992 0 0 17802543 21954554 150113 418728 5739686 5152930 23692342 27526212 0 0 0 0 14515623 15903221 0 0 0 8554426 9507425 23070049 25410646 622293 2115566 44078353 47092445 4780248 5515249 39298105 41577196 A CLUB ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND OTHER NONPROFITABLE PURPOSES. 0 0 FOOD AND SNACK BAR SERVICES PROVIDED TO CLUB MEMBERS. AVERAGE ACTIVE MEMBERS: 1,092 GOLF ACTIVITIES, INCLUDING TOURNAMENTS PROVIDED TO CLUB MEMBERS POOL, TENNIS AND OTHER SOCIAL ACTIVITIES PROVIDED TO CLUB 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 58 0 1 435 1 1 1 0 0 0 0 3788894 1726370 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X AUDREY VAUGHT 6029527202 7101 NORTH TATUM BLVD PARADISE VALLEY AZ 85253 ALICIA K HARRISON PRESIDENT 1.00 X X 0 0 0 MIKE FORD VICE PRESIDENT 1.00 X X 0 0 0 DAVID BECKHAM TREASURER 1.00 X X 0 0 0 MICHAEL O' CONNOR SECRETARY 1.00 X X 0 0 0 MICHAEL AHEARN DIRECTOR 1.00 X 0 0 0 JOEL HOXIE DIRECTOR 1.00 X 0 0 0 GIL BRITO MD DIRECTOR 1.00 X 0 0 0 MICHEAL CARMEL DIRECTOR 1.00 X 0 0 0 STEVE DODENHOFF DIRECTOR 1.00 X 0 0 0 STEVE MOAK DIRECTOR 1.00 X 0 0 0 MIKE NOBLE DIRECTOR 1.00 X 0 0 0 DAVID WESTRA DIRECTOR 1.00 X 0 0 0 BRAD WRIGHT DIRECTOR 1.00 X 0 0 0 DAVID FRENCH DIRECTOR 1.00 X 0 0 0 RYAN COZZETTO GENERAL MANAGER/COO 40.00 X 322334 0 9878 ALEX ARRIZON CFO 40.00 X 50238 0 6569 ROBERT COLLINS DIRECTOR OF GREENS AND GROUNDS 40.00 X 294434 0 15635 MARK HAMILTON EXECUTIVE CHEF (THRU 12/23) 40.00 X 210600 0 10728 ANGELO FORNARO FACILITIES DIRECTOR 40.00 X 162853 0 8143 ALEXANDRIA BEARDEN ASSISTANT GM (THRU 2/24) 40.00 X 191423 0 11088 RYAN JOHNSON DIRECTOR OF RACQUET SPORTS 40.00 X 186845 0 7288 CHRISTINE CURTIS DIRECTOR OF FITNESS 40.00 X 139682 0 11483 BILLY MILLER FITNESS INSTRUCTOR 40.00 X 149349 0 10174 ALEJANDRO SERRANO CLARKE FITNESS INSTRUCTOR 40.00 X 122475 0 4135 DAVID SALMON FITNESS INSTRUCTOR 40.00 X 119908 0 9158 JASON JESTY GOLF GOURSE SUPERINTENDENT 40.00 X 108552 0 7604 STEVE RICHARDSON-FORMER GENERAL MANAGER/COO(THRU 11/22) 40.00 X 159884 0 0 ALVIN SUTTON-FORMER DIRECTOR OF GOLF(THRU 9/23) 40.00 X 260428 0 12742 2479005 0 124625 14 1 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 17669699 17669699 GOLF 713910 2076461 2029371 47090 POOL/TENNIS/SOCIAL 713910 1752278 1752278 OTHER OPERATING REVENUE 713910 435840 435840 PAYMENT PLAN INTEREST 713910 20276 20276 21954554 474801 474801 135500 191573 -56073 -56073 -56073 9206205 4053275 5152930 4432964 719966 27526212 26340428 1241857 -56073 1420342 12111001 309425 1052166 1010287 2638 67448 257085 51986 387131 1207366 10920 34345 28679 2522859 226475 INCOME TAX EXPENSE 91914 ACTIVIES, EVENTS & CLAS 1010498 REPAIRS & MAINTENANCE 794464 SUPPLIES 714949 2098668 25410646 2086908 1996775 1573948 1081518 233117 0 1075529 1063120 302936 276602 67000998 35703351 31123675 31297647 7682240 11376783 44078353 47092445 2035143 2207096 245129 242434 688984 526735 1810992 2538984 4780248 5515249 X 39298105 41577196 39298105 41577196 44078353 47092445 X 2115566 163525 X 0 1 X 1 0 1751527 1751527 30738971 13413141 17325830 10475229 7061569 3413660 24035271 15228641 8806630 31297647 OTHER ASSETS 8050 RECEIVABLES FROM MEMBERS 771748 CASH DESIGNATED FOR EQUITY PAYMENTS 131000 CASH DESIGNATED FOR CAP IMPROVEMENT 8875657 OPERATING LEASE RIGHT OF USE ASSETS 1590328 11376783 69398 MEMBERSHIP REFUNDS PAYABLE 131800 PROPOSED MEMBER DEPOSITS 717250 FINANCE LEASE LIABILITIES 27488 OPERATING LEASE RIGHT OF USE LIABILITIES 1593048 2538984 X 31579487 4053275 4053275 27526212 0 27526212 29463921 4053275 4053275 25410646 0 25410646 PART X, LINE 2: THE CLUB BELIEVES THAT EACH ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,053,275. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 4,053,275. INCOME TAX REFUND 1 X X X X 1 0 0 RYAN COZZETTO GENERAL MANAGER/COO 222334 0 100000 0 0 0 0 0 11372 0 333706 0 0 0 ROBERT COLLINS DIRECTOR OF GREENS AND GROUNDS 243434 0 45000 0 6000 0 12831 0 4436 0 311701 0 0 0 ALVIN SUTTON-FORMER DIRECTOR OF GOLF(THRU 9/23) 170259 0 0 0 90169 0 8658 0 5308 0 274394 0 0 0 MARK HAMILTON EXECUTIVE CHEF (THRU 12/23) 157361 0 53239 0 0 0 8854 0 2035 0 221489 0 0 0 ALEXANDRIA BEARDEN ASSISTANT GM (THRU 2/24) 149648 0 41775 0 0 0 7810 0 3411 0 202644 0 0 0 RYAN JOHNSON DIRECTOR OF RACQUET SPORTS 157824 0 29021 0 0 0 2853 0 4435 0 194133 0 0 0 ANGELO FORNARO FACILITIES DIRECTOR 132984 0 29869 0 0 0 8143 0 162 0 171158 0 0 0 STEVE RICHARDSON-FORMER GENERAL MANAGER/COO(THRU 11/22) 0 0 0 0 159884 0 0 0 0 0 159884 0 0 0 BILLY MILLER FITNESS INSTRUCTOR 147697 0 1652 0 0 0 7563 0 2638 0 159550 0 0 0 CHRISTINE CURTIS DIRECTOR OF FITNESS 124682 0 15000 0 0 0 7145 0 4499 0 151326 0 0 0 PART I, LINE 4A FORMER GENERAL MANAGER AND FORMER DIRECTOR OF GOLF EACH RECEIVED A SEVERANCE PAYMENT. THE AMOUNTS WERE AS FOLLOWS: $159,884 AND $90,169, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE OFFICERS OF THE CLUB AND THE IMMEDIATE PAST PRESIDENT. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CLUB CONSISTS OF REGULAR MEMBERS, SOCIAL MEMBERS AND A VARIETY OF ASSOCIATE MEMBERS. ONLY REGULAR MEMBERS ARE ENTITLED TO VOTE AND HOLD OFFICE IN THE CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE REGULAR MEMBERS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B BYLAW ARTICLES VIII: SETS A MAXIMUM LEVEL OF INDEBTEDNESS. CHANGES TO THIS MAXIMUM REQUIRES APPROVAL BY 2/3 OR MORE OF THE VOTING MEMBERS ACTUALLY VOTING AT A SPECIAL MEETING, IN PERSON OR IN PROXY, OR BY A MAJORITY OF ALL THE VOTING MEMBERS INTITLED TO VOTE, WHCIHEVER IS LESS. BYLAW ARTICLE X: REQUIRES APPROVAL OF A MAJORITY OF THE VOTING MEMBERS OF THE CLUB TO ENGAGE IN THE PURCHASE, SALE, EXCHANGE, LEASE OR ENCOMBRANCE, OR THE DEVELOPMENT OF RESIDENTIAL OR COMMERCIAL BUILDINGS, INVOLVING SPECIFIED CLUB REAL ESTATE. THE ARTICLES OF INCORPORATION REQUIRE THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THOSE MEMBERS ACTUALLY VOTING AT A MEETING CALLED FOR THAT PURPOSE OR BY A MAJORITY OF ALL VOTING MEMBERS ENTITLE TO VOTE, WHICHEVER IS LESS, IN ORDER TO AMEND THE ARTICLES OF INCORPORATION, PROVIDED THAT IN NO EVENT CAN ARTICLE IV, SETTING THE PURPOSES AND POWERS OF OTHE CLUB, BE ALTERED OR AMENDED. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE BOARD BEFORE THE TREASURER SIGNS AND MAILS THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB COMPENSATION COMMITTEE CONSISTS OF THE IMMEDIATE PAST PRESIDENT, CURRENT PRESIDENT, WHO ALSO SERVES AS THE CHAIRMAN OF THE COMMITTEE, CURRENT VICE PRESIDENT, CURRENT TREASURER AND CURRENT SECRETARY. EXCEPT WHEN HIS/HER COMPENSATION PACKAGE IS BEING REVIEWED AND/OR SET, THE CLUB'S GENERAL MANAGER SERVES AS AN ADVISOR TO THE COMMITTEE. THE COMPENSATION COMMITTEE MEETS AS OFTEN AS IS NECESSARY AND REVIEWS AND SETS COMPENSATION PACKAGES FOR THE CLUB'S GENERAL MANAGER AND THE VARIOUS DEPARTMENT BEADS OF THE CLUB AND REVIEWS AND OVERSEES THE GENERAL COMPENSATION PRACTICES OF THE CLUB. ONCE A DETERMINATION IS MADE BY THE COMMITTEE, THE PRESIDENT SIGNS ANY COMPENSATION ADJUSTMENTS PRIOR TO FORWARDING TO OUR HUMAN RESOURCES. DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 WE DO NOT MAKE OUR GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET INCREASE IN MEMBERSHIP CERTIFICATES 173,940. NET CHANGE IN MEMBERS' EQUITY NOTES RECEIVABLE -10,415.