2025-11-11T16:29:53-06:00 2024-12-31 941668792 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2024-01-01 940318810 PENINSULA GOLF & COUNTRY CLUB PENI 6506382200 701 MADERA DRIVE SAN MATEO CA 94403 PAUL REGAN TREASURER 6506382200 2025-11-11 1 1 SCOTT WATTERS P01246213 4082877911 2024 2025-03-06 01:10:19Z MICHAEL HARTIGAN 701 MADERA DRIVE SAN MATEO CA 94403 23101551 0 X WWW.THEPGCC.ORG X SOCIAL AND RECREATIONAL PROGRAMS 1911 CA TO BE THE PREMIER GOLF, RACQUET, ATHLETIC, AND SOCIAL CLUB FOR FAMILIES ON THE PENINSULA 9 9 252 170 533589 86156 0 0 12693935 13462859 -1912863 87324 6280244 7460482 17061316 21010665 0 0 0 0 10968827 11513974 0 0 0 6588025 6832106 17556852 18346080 -495536 2664585 35129633 35106851 13003958 10316591 22125675 24790260 TO BE THE PREMIER GOLF, RACQUET, ATHLETIC, AND SOCIAL CLUB FOR FAMILIES ON THE PENINSULA 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 54 0 252 1 1 1 0 0 0 0 2999426 828801 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 CA X JOANNA KIM 6506382200 701 MADERA DRIVE SAN MATEO CA 94403 SHAWN STOVAL PRESIDENT 2.00 X X 0 0 0 JAMES HARRIS CO-PRESIDENT/VP & TREASURER 2.00 X X 0 0 0 CAROLINE SERRATO CO-PRESIDENT/VP & SECRETARY 2.00 X X 0 0 0 DAVID CAMPBELL DIRECTOR 2.00 X 0 0 0 BERNIE AFFRUNTI DIRECTOR 2.00 X 0 0 0 PAMELA CASEY DIRECTOR 2.00 X 0 0 0 JENNIFER BRESSIE DIRECTOR 2.00 X 0 0 0 ELI RAPAICH DIRECTOR 2.00 X 0 0 0 PAUL REGAN DIRECTOR 2.00 X 0 0 0 JOANNA KIM CFO 32.00 X 163323 0 54802 RYAN O'NEIL GENERAL MANAGER 40.00 X 356100 0 62985 CORY MCQUIDDY DIRECTOR OF GOLF 40.00 X 242550 0 60193 CHRISTIN RENNER HARBICK DIRECTOR OF WELLNESS AND AQUATICS 40.00 X 136287 0 15078 JOE BUDINICH GOLF COURSE SUPERINTENDENT 40.00 X 310656 0 48220 DAVID SIDOTI EXECUTIVE CHEF 40.00 X 226667 0 41707 SUZANNE BERTOLOZZI DIRECTOR OF CATERING 40.00 X 166110 0 40790 VAN KWOK DIRECTOR OF HUMAN RESOURCES 40.00 X 147500 0 38021 1749193 0 361796 13 0 1 0 0 MEMBERSHIP DUES 713910 11410535 11410535 GOLF REVENUE 713910 936392 936392 SWIM & TENNIS 713910 522665 522665 LOCKER RENTALS 713910 232653 232653 FITNESS CENTER 713910 181596 181596 179018 179018 13462859 100023 100023 44389 57088 -12699 -12699 -12699 4501352 2033798 2467554 2033988 433566 INITIATION FEES 713910 2999426 2999426 CAPITAL ASSESSMENTS 713910 1874354 1874354 NON OPERATING INCOME 713910 74869 74869 44279 44279 4992928 21010665 20489775 533589 -12699 935287 7690420 256762 1961088 670417 12587 56535 281 55210 152217 1500956 383714 2042281 152481 SUPPLIES 1214518 OUTSIDE SERVICES 308607 REPAIRS & MAINTENANCE 218868 CLUB ACTIVITIES 214563 519288 18346080 4134 3939 2807314 1657725 2033155 2124609 31890 171919 372677 385072 255166 283853 56675566 27609452 29492749 29066114 132548 1413620 35129633 35106851 1876168 2414170 10049409 6673083 1078381 1229338 13003958 10316591 X 22125675 24790260 22125675 24790260 35129633 35106851 2664585 0 X X 0 1 X 1 0 730099 730099 32031196 11087592 20943604 9695817 5297558 4398259 14218454 11224302 2994152 29066114 ADVANCE DEPOSITS 88520 DUES BILLED IN ADVANCE 1140818 1229338 X 23044463 0 23044463 -2033798 -2033798 21010665 20379878 0 20379878 -2033798 -2033798 18346080 PART X, LINE 2: THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA FRANCHISE TAX BOARD HAVE DETERMINED THAT THE CLUB IS QUALIFIED AS TAX-EXEMPT UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND SECTION 23701G OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. AS A RESULT, THE CLUB IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON MEMBER-RELATED BUSINESS INCOME. THE CLUB IS SUBJECT TO FEDERAL AND STATE TAX ON INCOME NOT RELATED TO ITS EXEMPT FUNCTION. 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 FOUR YEARS FOR CALIFORNIA TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -2,033,798. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES -2,033,798. X X X 0 0 0 RYAN O'NEIL GENERAL MANAGER 300000 0 51100 0 5000 0 15656 0 47329 0 419085 0 0 0 JOE BUDINICH GOLF COURSE SUPERINTENDENT 275000 0 35656 0 0 0 16438 0 31782 0 358876 0 0 0 CORY MCQUIDDY DIRECTOR OF GOLF 220500 0 22050 0 0 0 14791 0 45402 0 302743 0 0 0 DAVID SIDOTI EXECUTIVE CHEF 210000 0 16667 0 0 0 9925 0 31782 0 268374 0 0 0 JOANNA KIM CFO 163323 0 0 0 0 0 9400 0 45402 0 218125 0 0 0 SUZANNE BERTOLOZZI DIRECTOR OF CATERING 151410 0 14700 0 0 0 9008 0 31782 0 206900 0 0 0 VAN KWOK DIRECTOR OF HUMAN RESOURCES 135000 0 12500 0 0 0 6050 0 31971 0 185521 0 0 0 CHRISTIN RENNER HARBICK DIRECTOR OF WELLNESS AND AQUATICS 97700 0 14227 0 24360 0 8141 0 6937 0 151365 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: CAPITAL PROJECTS IN EXCESS OF $750,000, CHANGING THE RIGHTS OF PROPRIETARY MEMBERS, INCREASING THE NUMBER OF PROPRIETARY OR GOLFING MEMBERS, CHANGING PROPRIETARY MEMBERSHIPS, AUTHORIZING A NEW CLASS OF MEMBERSHIP, INCREASING DUES OF PROPRETARY MEMBERS, AMENDING ARTICLES, LIQUIDATION OF ASSETS, CHANGING NUMBER OR TERM OF DIRECTORS, AMENDING BYLAWS, AND ELECTION OF BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND THE TREASURER SIGNS THE TAX RETURNS. THE CFO ALSO REVIEWS THE RETURN WITH THE TREASURER, COMPARING THE FINANCIAL PORTION TO THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE INTEREST THAT COULD GIVE RISE TO CONFLICTS. THIS POLICY IS MONITORED AS EVENTS AND TRANSACTIONS ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB PARTICIPATES IN SALARY SURVEYS THAT INCLUDE ALL AREAS OF THE CLUB. ANNUAL PERFORMANCE REVIEWS FOR EACH STAFF PERSON ARE PREPARED AND REVIEWED WITH THE APPROPRIATE COMMITTEE CHAIRPERSON, WHO ALSO SERVCES ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 2C THERE WERE NO CHANGES FROM THE PRIOR YEAR.