2026-06-08T13:33:27-04:00 2025-09-30 COACHELLA VALLEY ACCOUNTING & AUDITING 43675 ALBA CT LA QUINTA CA 92253 990 2024-10-01 330775273 THE PALMS GOLF CLUB PALM 7607712606 57000 PALMS DRIVE LA QUINTA CA 92253 MARK SHEEHAN CURRENT BOARD PRES. 7607712606 2026-06-07 false ANDREA L OLIVERI P01890398 4423250089 2026-06-08 2024 2025-03-06 01:10:19Z MARK SHEEHAN 57000 PALMS DRIVE LA QUINTA CA 92253 6657566 false X X 1997 ORGANIZATION OF PRIVATE GOLF CLUB. 5 5 43 5 38782 13449 0 6274957 6416216 53040 25624 33416 107967 6361413 6549807 0 0 2291255 2269946 0 0 3515580 3227396 5806835 5497342 554578 1052465 9589451 10684394 3633023 3675501 5956428 7008893 ORGANIZATION OF PRIVATE GOLF CLUB. false false 5497342 6511025 OPERATION AND MAINTENANCE OF GOLF CLUB FOR THE EXCLUSIVE PLEASURE AND RECREATION OF ITS MEMBERS. 5497342 false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 25 0 43 true true true false false false false 3886879 29814 false false false X 5 5 false false false false true false false true true false false false false false false false false false CA X STEVE RICHARDS 7607712606 57000 PALMS DRIVE LA QUINTA CA 92253 FRANK HEINEN CEO 40.00 X 200000 0 14541 RIGOBERTO REGALADO COURSE MAINT 40.00 X 163020 0 17722 MARK SHEEHAN CURRENT BOAR 2.00 X 0 0 0 OLYNN ROACH JR FYE BOARD PR 2.00 X 0 0 0 EDDIE FADEL SECRETARY 2.00 X 0 0 0 SHAWN BOYD BOARD MEMBER 2.00 X 0 0 0 LUCY BUTLER BOARD MEMBER 2.00 X 0 0 0 363020 32263 2 false true false COACHELLA VALLEY CATERING 57000 PALMS DRIVE LA QUINTA CA 92253 CATERING SRVCS 282513 1 MEMBERSHIP DUES & ASSESSMENTS 4842879 4842879 GOLF RELATED 1053498 1053498 FOOD & BEVERAGE RELATED 495659 495659 GOLF RELATED - NM 713910 20180 20180 ASSESSMENT INCOME 4000 4000 6416216 16255 16255 1650 1650 1650 1650 109831 100462 9369 9369 9369 9644 7297 2347 2347 DONATIONS 101937 101937 MEMBER LATE FEES 2033 2033 103970 6549807 6511025 38782 162231 1639371 302243 166101 18800 124187 15983 115245 517103 75249 ADMIN EXPENSES 1667321 F&B RELATED EXPENSES 360040 GOLF RELATED EXPENSES 255395 PROPERTY TAXES 62693 15380 5497342 0 0 0 X 1839408 2841010 261226 222111 71173 78590 60953 178891 14042057 6812813 7345127 7229244 11564 134548 9589451 10684394 80134 310329 1483267 1761203 2069622 1603969 3633023 3675501 X 5956428 7008893 5956428 7008893 9589451 10684394 X 1052465 X false true X true false 2621742 2621742 2406113 1765750 640363 4991041 3024272 1966769 3327154 1615242 1711912 553759 407549 146210 7086996 FINANCE LEASE 1143466 OTHER PAYABLES 325955 OPERATING LEASE 134548 1603969 6541723 -8084 -8084 6549807 6549807 5489258 -8084 -8084 5497342 5497342 SCHEDULE D, PAGE 4, PART XI, LINE 2D COGS IN REVENUE 7,297 EXPENSES IN REVENUES -15,381 SCHEDULE D, PAGE 4, PART XII, LINE 2D REVENUES IN EXPENSES 7,297 EXPENSES IN REVENUE -15,381 false false false FRANK HEINEN CEO 200000 14541 214541 RIGOBERTO REGALADO COURSE MAINT SUPER 163020 17722 180742 FORM 990, PAGE 6, PART VI, LINE 6 ORGANIZATION HAS MEMBERS OR STOCKHOLDERS. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW PROCESS WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART X OTHER MATTERS - THE CLUB MAY BE SUBJECT TO VARIOUS CLAIMS AND ACTIONS WHICH ARISE IN THE ORDINARY COURSE OF BUSINESS. THE CLUB WILL ESTABLISH AN ACCRUED LIABILITY FOR LITIGATION WHEN THESE MATTERS PRESENT LOSS CONTINGENCIES THAT ARE BOTH PROBABLE AND ESTIMABLE. IN ANY CASES, THERE MAY BE AN EXPOSURE TO LOSSES IN EXCESS OF ANY SUCH AMOUNTS WHETHER ACCRUED OR NOT. DURING THE YEAR ENDED SEPTEMBER 30, 2024 A LEGAL CLAIM WAS FILED AGAINST THE CLUB BY A FORMER EMPLOYEE. THE CLUB HAS REACHED A SETTLEMENT WITH THE EMPLOYEE TO PAY 120,000. THE SETTLEMENT AMOUNT WAS ACCRUED FOR AND IS INCLUDED ON THE STATEMENT OF FINANCIAL POSITION AS OF SEPTEMBER 30, 2024. THIS AMOUNT WAS PAID IN FULL DURING THE YEAR ENDED SEPTEMBER 30, 2025. THE CLUB HAS NO ACCRUAL FOR LITIGATION LIABILITY AS OF SEPTEMBER 30, 2025. SUBSEQUENT EVENTS - THE CLUB EVALUATED ALL POTENTIAL SUBSEQUENT EVENTS AS OF JANUARY 16, 2026 WHEN THE FINANCIAL STATEMENTS WERE AUTHORIZED AND AVAILABLE TO BE ISSUED. NO SUBSEQUENT EVENTS OR TRANSACTIONS WERE IDENTIFIED AFTER SEPTEMBER 30, 2025 OR AS OF JANUARY 16, 2026 THAT REQUIRE DISCLOSURE TO THE FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9 COGS IN REVENUE 7,297 EXPENSES IN REVENUES -15,381 REVENUES IN EXPENSES -7,297 EXPENSES IN REVENUE 15,381