Civic Intelligence

Desert Mountain Club Inc

EIN 27-3966137 • 501(c)7 • Scottsdale, AZ

Profile

To create exceptional experiences for our members by engaged teammates who integrate our core values into every aspect of our club.

10550 E Desert Hills DriveScottsdale, AZ 85262

www.desertmountain.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.22x

Higher debt load relative to assets than 51% of similar nonprofits.

$100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.41x

Higher debt load relative to revenue than 53% of similar nonprofits.

$100M-$250M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

$100M-$250M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$1,076,952

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

$100M-$250M nonprofits • Source year 2024

Asset Growth

42nd percentile

3.7%

Faster asset growth than 42% of similar nonprofits.

$100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

7.6%

Faster revenue growth than 47% of similar nonprofits.

$100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$203,314,100

Up $7,309,601 (+3.7%) from 2023

Liabilities

Down

$44,389,115

Down $5,891,977 (-12%) from 2023

Net Assets

Up

$158,924,985

Up $13,201,578 (+9.1%) from 2023

Revenue

Up

$108,289,088

Up $7,669,242 (+7.6%) from 2023

Expenses

Up

$95,449,220

Up $7,134,318 (+8.1%) from 2023

Net Income

Up

$12,839,868

Up $534,924 (+4.3%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2011: $164,583,065Liabilities 2011: $75,398,906Net Assets 2011: $89,184,1592011Assets 2012: $157,987,442Liabilities 2012: $74,915,877Net Assets 2012: $83,071,5652012Assets 2013: $142,128,112Liabilities 2013: $60,656,961Net Assets 2013: $81,471,1512013Assets 2014: $137,530,112Liabilities 2014: $55,923,304Net Assets 2014: $81,606,8082014Assets 2015: $147,433,003Liabilities 2015: $51,907,569Net Assets 2015: $95,525,4342015Assets 2016: $145,197,375Liabilities 2016: $45,237,751Net Assets 2016: $99,959,6242016Assets 2017: $137,687,832Liabilities 2017: $40,996,227Net Assets 2017: $96,691,6052017Assets 2018: $139,473,803Liabilities 2018: $42,538,885Net Assets 2018: $96,934,9182018Assets 2019: $146,738,457Liabilities 2019: $45,999,345Net Assets 2019: $100,739,1122019Assets 2020: $147,991,088Liabilities 2020: $44,742,753Net Assets 2020: $103,248,3352020Assets 2021: $166,271,047Liabilities 2021: $41,825,415Net Assets 2021: $124,445,6322021Assets 2022: $176,336,434Liabilities 2022: $43,083,691Net Assets 2022: $133,252,7432022Assets 2023: $196,004,499Liabilities 2023: $50,281,092Net Assets 2023: $145,723,4072023Assets 2024: $203,314,100Liabilities 2024: $44,389,115Net Assets 2024: $158,924,9852024

Highlighted filing

2024

Assets$203,314,100
Liabilities$44,389,115
Net Assets$158,924,985

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2011: $52,400,5472011Expenses 2012: $53,620,0562012Revenue 2013: $52,048,781Expenses 2013: $52,506,006Net Income 2013: -$457,2252013Revenue 2014: $58,048,042Expenses 2014: $56,670,654Net Income 2014: $1,377,3882014Revenue 2015: $72,287,731Expenses 2015: $58,222,033Net Income 2015: $14,065,6982015Revenue 2016: $62,371,382Expenses 2016: $58,287,153Net Income 2016: $4,084,2292016Revenue 2017: $55,805,209Expenses 2017: $59,095,705Net Income 2017: -$3,290,4962017Revenue 2018: $59,480,675Expenses 2018: $59,005,835Net Income 2018: $474,8402018Revenue 2019: $68,295,218Expenses 2019: $63,565,771Net Income 2019: $4,729,4472019Revenue 2020: $70,632,443Expenses 2020: $66,246,934Net Income 2020: $4,385,5092020Revenue 2021: $90,760,793Expenses 2021: $72,256,524Net Income 2021: $18,504,2692021Revenue 2022: $86,735,857Expenses 2022: $81,674,436Net Income 2022: $5,061,4212022Revenue 2023: $100,619,846Expenses 2023: $88,314,902Net Income 2023: $12,304,9442023Revenue 2024: $108,289,088Expenses 2024: $95,449,220Net Income 2024: $12,839,8682024

Highlighted filing

2024

Revenue$108,289,088
Expenses$95,449,220
Net Income$12,839,868

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$203$44.4$159$108$95.4$12.8
2023Detailed filing. Detailed filing data is available for this year.$196$50.3$146$101$88.3$12.3
2022Detailed filing. Detailed filing data is available for this year.$176$43.1$133$86.7$81.7$5.06
2021Detailed filing. Detailed filing data is available for this year.$166$41.8$124$90.8$72.3$18.5
2020Detailed filing. Detailed filing data is available for this year.$148$44.7$103$70.6$66.2$4.39
2019Detailed filing. Detailed filing data is available for this year.$147$46.0$101$68.3$63.6$4.73
2018Detailed filing. Detailed filing data is available for this year.$139$42.5$96.9$59.5$59.0$0.47
2017Detailed filing. Detailed filing data is available for this year.$138$41.0$96.7$55.8$59.1$3.29
2016Detailed filing. Detailed filing data is available for this year.$145$45.2$100.0$62.4$58.3$4.08
2015Detailed filing. Detailed filing data is available for this year.$147$51.9$95.5$72.3$58.2$14.1
2014Detailed filing. Detailed filing data is available for this year.$138$55.9$81.6$58.0$56.7$1.38
2013Detailed filing. Detailed filing data is available for this year.$142$60.7$81.5$52.0$52.5$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$158$74.9$83.1$53.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$165$75.4$89.2$52.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.1
Gross Receipts
$120,548,711
Mission and Program Overview

Mission

NONE

We provide private golf courses, clubhouses, and other standard amentities to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$139,931,972$149,790,743▲ $9,858,771
Savings and Temporary Cash Investments$18,671,723$14,452,930▼ $4,218,793
Accounts Receivable$8,310,471$9,393,536▲ $1,083,065
Cash and Non-Interest-Bearing Accounts$8,184,217$8,125,322▼ $58,895
Intangible Assets$4,882,779$4,780,704▼ $102,075
Inventories for Sale or Use$3,148,637$3,239,030▲ $90,393
Prepaid Expenses and Deferred Charges$1,606,214$2,343,308▲ $737,094
Other Notes and Loans Receivable, Net$504,936$360,978▼ $143,958
Total Assets$196,004,499$203,314,100▲ $7,309,601
Other Assets Total$10,763,550$10,827,549▲ $63,999
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,586,752$22,253,036▼ $1,333,716
Other Liabilities$10,192,907$9,867,027▼ $325,880
Accounts Payable and Accrued Expenses$13,812,869$9,461,751▼ $4,351,118
Deferred Revenue$2,688,564$2,807,301▲ $118,737
Total Liabilities$50,281,092$44,389,115▼ $5,891,977
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$145,723,407$158,924,985▲ $13,201,578
Total Net Assets Fund Balance$145,723,407$158,924,985▲ $13,201,578
Total Liabilities and Net Assets / Fund Balance$196,004,499$203,314,100▲ $7,309,601

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$66,149,038$65,758,358$131,907,396
Buildings$74,057,080$20,796,572$92,386,467
Equipment$2,096,833$9,583,784$11,680,617
Land$7,487,792-$5,248,792
Other Assets Org$7,419,317--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Damon DiorioCEOFT$823,462$254,894$1,078,356
Todd BohnDirector of AgronomyFT$472,966$164,942$637,908
John LybergerPga Director of GolfFT$436,203$130,722$566,925
Todd BruenDirector of Facilities & MaintenanceFT$305,173$146,637$451,810
Gregg LeonardDirector of Club OperationFT$284,600$106,503$391,103
Bertrand BouquinDirector of CulinaryFT$279,107$97,840$376,947
Wes PudwillDirector of Talent & CultureFT$242,039$79,590$321,629
Amy IacovelliCFOFT$242,833$38,326$281,159
Kim AtkinsonDirector of Marketing & CommunicationsFT$219,857$59,098$278,955
Andrea RandallCFO(thru 3/24)FT$64,703$85,345$150,048

Board Members and Trustees

NameTitle
Jeff SmithChairman(as of 4/24)
George Newstrom-viceChairman(thru 4/24)/board Member
Athena Kaviris-secretarythru4/24)vice Chairman (as of 4/24)
Steve Harper-chairmanthru4/24)/board Member(as of 4/24)
John ShanholtBoard Member
Ron HinderbergerBoard Member
Mike KlonoskyBoard Member (as of 4/24)
Steve CardinalBoard Member (thru 4/24)
Russell ThorntonSecretary (as of 4/24)
Van DukemanTreasurer (as of 4/24)
Pamela Forbes LiebermanTreasurer (thru 4/24)

Highest Paid Contractors

ContractorServicesLocationCompensation
Wadsworth Golf ConstructionConstruction Services13941 VAN DYKE ROAD, Plainfield, IL 60544$8,084,858
Haydon CompaniesConstruction Services4640 E COTTON GIN LOOP, Phoenix, AZ 85040$6,684,818
Dtj Design INCArchitectural Services3101 IRIS AVENUE STE 130, Boulder, CO 80301$1,247,956
The Chambers CoArchitectural ServicesPO BOX 20239, Baltimore, MD 21284$657,750
Pueblo Mechanical & ControlsConstruction Services6771 E OUTLOOK DR, Tucson, AZ 85756$269,697
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$98,139,412
Investment Income
$1,177,765
Other Revenue
$8,971,911
Change in Net Assets
$12,839,868

Audited Revenue Reconciliation

Revenue per Audited Statements
$108,289,088
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,097,884
Total Revenue per Audited Statements
$109,386,972
Total Revenue per Form 990
$108,289,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$56,493,507
Other Expenses$38,933,275
Grants and Similar Amounts Paid$22,438
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$43,687,722
Depreciation Depletion---$11,055,439
Occupancy---$6,180,420
Other Employee Benefits---$5,945,918
All Other Expenses---$5,456,919
Payroll Taxes---$3,469,642
Current Officers, Directors, Trustees, and Key Employees---$2,689,393
Fees for Services Other---$2,412,534
Other Expenses---$1,893,331
Office Expenses---$1,586,452
Insurance---$1,397,330
Advertising---$1,240,495
Information Technology---$960,961
Interest---$947,448
Pension Plan Contributions---$700,832
Fees for Services Legal---$187,495
Travel---$184,287
Fees for Services Accounting---$65,241
Conferences and Meetings---$27,899
Grants to Domestic Orgs---$22,438
Total Functional Expenses$0$0$0$95,449,220

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$96,185,394
Expenses per Audited Statements$95,449,220
Total Expenses per Form 990$95,449,220
Expenses Not Reported on Form 990$736,174
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arizona Alliance for GolfScottsdale, AZ501(c)(6)Educate Arizonans About the Game of Golf$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating and Finance Leases$7,560,175
Club Liability Supplemental Assessment$1,092,000
Retirement Plan 457(b)$671,622
Non-equity Mem. Sur. Benefit$312,500
Dues Repayment Program$47,684
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The club has three categories of voting full members: full golf members, full seven golf and full lifestyle members. Full golf members have access to all facilities including unlimited golf and tennis. Full golf members have two (2) votes each, seven golf members have one and a half (1.5) votes each and full lifestyle members have one (1) vote, each. Limited (formerly non-equity) memberships were issued prior to december 31, 2010. Limited members do not vote on general matters; their voting rights are further described on line 7(b).

Form 990, Part VI, Section A, Line 7A

Certain directors are elected annually by the members.

Form 990, Part VI, Section A, Line 7B

At annual member meetings full members entitled to vote may vote on "major decisions". The term "major decisions" means (i) a capital expenditure for new capital improvements, expanded club facilities and related obligations for the club that are not capital repairs and replacement items and that are in excess of five percent (5%) of the annual gross revenue; (ii) a sale of any club facility, or the sale of any other item of club property having a fair value in excess of five percent (5%) of the annual gross revenue; (iii) a change or addition to membership categories or classifications thereunder that could result in an increase in the total membership cap and/or the golf membership cap or the lifestyle membership cap, subject to lifestyle membership limitations defined in the bylaws; and (v) an amendment to the bylaws, if such amendment were materially adverse to the members.

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the club's chief financial officer and is provided to all board members.

Form 990, Part VI, Section B, Line 12C

The board of directors meet nine times a year to discuss any conflicts.

Form 990, Part VI, Section B, Line 15

As part of their fiduciary responsibility, the board of directors has a compensation committee which obtains a compensation survey by an independent third party, as appropriate. The compensation of top-level employees is evaluated annually by the ceo and the compensation of the ceo is reviewed annually by the board of directors' compensation committee.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents available to the public. Full members can access the governing documents on the member portion of the organization's website or by requesting them at the main office of the club.

Filing and Contact Details

Filer

Filer Name
Desert Mountain Club Inc
EIN
27-3966137
Phone
4805954000
Address
10550 E DESERT HILLS DRIVE, SCOTTSDALE, AZ 85262

Signing Officer

Name
Amy Iacovelli CPA
Title
Chief Financial Officer
Phone
4805954000
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Harper
Formed
2010
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
9
Employees
1,207
Volunteers
9

Preparer

Firm
Eide Bailly Llp
Address
2355 E CAMELBACK RD STE 900, PHOENIX, AZ 85016-9065
Preparer
Brenda Ann Blunt CPA
Phone
4803151040
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The club evaluates its tax positions that have been taken or are expected to be taken on income tax returns to determine if an accrual is necessary for uncertain tax positions. As of december 31, 2024 and 2023, the unrecognized tax benefits accrual was zero.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Additional cost of sales netted against revenue 511,198. Rental expenses netted against revenue 131,698. Miscellaneous expenses reclassified from financial statements 46,949. Financial loss on disposal 46,329.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expeness netted against revenue 131,698. Additional cost of sales netted against revenue 511,198. Miscellaneous expenses reclassified from financial statements 46,949. Financial loss on disposal 46,329.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR OF AGRONOMY
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF TALENT & CULTURE
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IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF CULINARY
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