2026-08-17T17:21:43-05:00 2025-09-30 423603499 EIDE BAILLY ADVISORY LLC 800 NICOLLET MALL STE 1300 MINNEAPOLIS MN 554027033 990 2024-10-01 860107268 PARADISE VALLEY COUNTRY CLUB INC PARA 6028408100 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 DAVID WESTRA TREASURER 6028408100 2026-08-17 1 1 LINDSEY R PHILLIPS P01985962 6122536500 2026-08-17 2024 2025-03-06 01:10:19Z RYAN COZZETTO 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 35890806 0 X WWW.PARADISEVALLEYCC.COM X 1953 AZ A CLUB ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND NONPROFITABLE PURPOSES. 12 12 401 12 1343082 458017 0 0 21954554 26358130 418728 525554 5152930 5014411 27526212 31898095 0 0 0 0 15903221 17086564 0 0 0 9507425 9751305 25410646 26837869 2115566 5060226 47092445 52912673 5515249 5851941 41577196 47060732 A CLUB ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND OTHER NONPROFITABLE PURPOSES. 0 0 GOLF ACTIVITIES, INCLUDING TOURNAMENTS PROVIDED TO CLUB MEMBERS. AVERAGE ACTIVE MEMBERS: 1,094 POOL, TENNIS AND OTHER SOCIAL ACTIVITIES PROVIDED TO CLUB MEMBERS FOOD AND SNACK BAR SERVICES 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 1 0 0 0 1 67 0 1 401 1 1 1 0 0 0 0 7295027 1741601 0 0 0 X 12 12 0 0 1 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 MIKE FORD PRESIDENT 1.00 X X 0 0 0 MICHAEL O' CONNOR VICE PRESIDENT 1.00 X X 0 0 0 STEVE DODENHOFF TREASURER 1.00 X X 0 0 0 DAVID BECKHAM SECRETARY 1.00 X X 0 0 0 DANA GARMANY DIRECTOR 1.00 X 0 0 0 DAVID FRENCH DIRECTOR 1.00 X 0 0 0 GIL BRITO MD 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 STEVE MOAK DIRECTOR 1.00 X 0 0 0 JACKIE NORTON DIRECTOR 1.00 X 0 0 0 BRAD WRIGHT DIRECTOR 1.00 X 0 0 0 RYAN COZZETTO GENERAL MANAGER/COO 40.00 X 653615 0 39124 ALEX ARRIZON CFO 40.00 X 221858 0 38082 ROBERT COLLINS DIRECTOR OF GREENS & GROUNDS 40.00 X 323783 0 34878 TODD ALLISN EXECUTIVE CHEF 40.00 X 216564 0 6958 ANGELO FORNARO FACILITIES DIRECTOR 40.00 X 175762 0 8867 RYAN JOHNSON - DIRECTOR OF RACQUET SPORTS (THRU 8/25) 40.00 X 210459 0 34629 DREW DARROW DIRECTOR OF GOLF 40.00 X 224255 0 21781 ASHLEY MILLS DIRECTOR OF CATERING 40.00 X 170661 0 30119 SHANNON HORTON DIRECTOR OF FITNESS 40.00 X 120730 0 13699 BILLY MILLER FITNESS INSTRUCTOR 40.00 X 139905 0 9919 ALEJANDRO SERRANO CLARKE FITNESS INSTRUCTOR 40.00 X 121991 0 7826 ROSANA DEMAR DIRECTOR OF PEOPLE & CULTURE 40.00 X 139403 0 16563 MARIO GONZALEZ DIRECTOR OF FOOD & BEVERAGE 40.00 X 156770 0 16796 2875756 0 279241 28 0 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 21617386 21617386 GOLF 713910 2132261 2084984 47277 POOL/TENNIS/SOCIAL 713910 2097239 2097239 OTHER OPERATING REVENUE 713910 495448 495448 PAYMENT PLAN INTEREST 713910 15796 15796 26358130 482883 482883 42671 0 42671 42671 18312 24359 9007122 3992711 5014411 4219801 794610 31898095 30530654 1343082 24359 2045501 12533118 342720 1090599 1074626 23242 54128 265408 32832 263326 1228128 11555 60304 21924 2607667 272048 INCOME TAX EXPENSE 100000 ACTIVIES, EVENTS & CLAS 1037752 REPAIRS & MAINTENANCE 862892 GROUNDS 667127 2242972 26837869 1996775 2427020 1081518 2064822 1063120 1061157 276602 275846 71478072 37931962 31297647 33546110 11376783 13537718 47092445 52912673 2207096 2605198 242434 348434 526735 357996 2538984 2540313 5515249 5851941 X 41577196 47060732 41577196 47060732 47092445 52912673 X 5060226 423310 X 0 1 X 1 0 1779070 1779070 1350000 31519442 14211901 18657541 11965334 7724815 4240519 24864226 15995246 8868980 33546110 OTHER ASSETS 8050 CASH DESIGNATED FOR CAP IMPROVEMENT 12228598 OPERATING LEASE RIGHT OF USE ASSETS 1301070 13537718 54090 MEMBERSHIP REFUNDS PAYABLE 265760 PROPOSED MEMBER DEPOSITS 896500 FINANCE LEASE LIABILITIES 20173 OPERATING LEASE RIGHT OF USE LIABILITIES 1303790 2540313 X 35832339 3992711 3992711 31839628 58467 58467 31898095 30772113 3934244 3934244 26837869 0 26837869 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. THE CLUB WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,992,711. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF FIXED ASSETS 42,671. INTEREST FROM PAYMENT PLANS 15,796. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,992,711. GAIN ON SALE OF FIXED ASSETS -42,671. INTEREST FROM PAYMENT PLANS -15,796. X X X 0 0 0 RYAN COZZETTO GENERAL MANAGER/COO 503615 0 150000 0 0 0 11538 0 29506 0 694659 0 0 0 ROBERT COLLINS DIRECTOR OF GREENS & GROUNDS 263783 0 54000 0 6000 0 15801 0 20637 0 360221 0 0 0 ALEX ARRIZON CFO 181718 0 40140 0 0 0 9656 0 29983 0 261497 0 0 0 DREW DARROW DIRECTOR OF GOLF 188925 0 35330 0 0 0 1896 0 21237 0 247388 0 0 0 RYAN JOHNSON - DIRECTOR OF RACQUET SPORTS (THRU 8/25) 180689 0 29770 0 0 0 10643 0 25485 0 246587 0 0 0 TODD ALLISN EXECUTIVE CHEF 174564 0 42000 0 0 0 0 0 8245 0 224809 0 0 0 ASHLEY MILLS DIRECTOR OF CATERING 137501 0 33160 0 0 0 8533 0 22575 0 201769 0 0 0 ANGELO FORNARO FACILITIES DIRECTOR 144902 0 30860 0 0 0 8788 0 322 0 184872 0 0 0 MARIO GONZALEZ DIRECTOR OF FOOD & BEVERAGE 133390 0 23380 0 0 0 3311 0 14592 0 174673 0 0 0 ROSANA DEMAR DIRECTOR OF PEOPLE & CULTURE 119063 0 20340 0 0 0 0 0 17194 0 156597 0 0 0 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 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING THE 2024 TAX YEAR AND MADE THE FOLLOWING CHANGES: NEW MEMBERSHIP CATEGORY: SENIOR MEMBERS -A SINGLE SENIOR MEMBER CATEGORY NOW CONSOLIDATES THE PRIOR SEPARATE SENIOR REGULAR AND SENIOR SOCIAL CLASSES. ELIGIBILITY: REGULAR OR SOCIAL MEMBERS AGE 80+ WITH A COMBINED AGE-PLUS-YEARS-OF-MEMBERSHIP TOTAL OF AT LEAST 25 YEARS OF MEMBERSHIP -DUES: 50% OF REGULAR MEMBER DUES; ASSET REPLACEMENT RESERVE PAYMENTS ALSO AT 50%; NO CAPITAL ASSESSMENTS. -RETAINS THE PRIVILEGES OF THE MEMBER'S PRIOR CLASS (REGULAR OR SOCIAL) MINUS VOTING, BOARD SERVICE, AND OFFICE-HOLDING. LIMITED TO 26 ROUNDS OF GOLF IN SEASON, OR PAY GUEST FEES. -EFFECTIVE MAY 1, 2025, THE CLUB WILL NO LONGER ADMIT NEW SENIOR REGULAR OR SENIOR SOCIAL MEMBERS. EXISTING MEMBERS IN THOSE CLASSES - AND ANYONE ON THE RELATED WAIT LISTS - TRANSITION INTO THE NEW SENIOR MEMBER CATEGORY, SUBJECT TO AVAILABILITY. MEMBERSHIP CAPS -SOCIAL MEMBERS: CAP REDUCED FROM 335 TO 300 -JUNIOR / JUNIOR INTERMEDIATE / INTERMEDIATE MEMBERS: PREVIOUSLY JUNIOR AND JUNIOR INTERMEDIATE WERE CAPPED TOGETHER AT 65, WITH A SEPARATE 35-MEMBER SUB-CAP ON INTERMEDIATE REGULAR/SOCIAL. THE BYLAW CHANGE COMBINES ALL FOUR SUB-CLASSES UNDER ONE UMBRELLA CAP OF 125, WHILE KEEPING THE EXISTING 35-MEMBER SUB-CAP ON INTERMEDIATE REGULAR/SOCIAL MEMBERS. -NEW OVERALL CLUB CAP: EFFECTIVE MAY 1, 2025, THE BOARD MAY NOT EXTEND MEMBERSHIP IF DOING SO WOULD PUSH TOTAL CLUB MEMBERSHIP (EXCLUDING HONORARY AND LEGACY MEMBERSHIPS) ABOVE 1,000. 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, WHICHEVER 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 THE 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 389,364. NET CHANGE IN MEMBERS' EQUITY NOTES RECEIVABLE 33,946. 15TH GREEN LLC 7101 N TATUM BLVD PARADISE VALLEY AZ 85253 REAL ESTATE INVESTMENT AZ 0 1350000 PARADISE VALLEY COUNTRY CLUB INC