Civic Intelligence

Palos Verdes Golf Club

EIN 95-1959280 • 501(c)7 • Palos Verdes Estates, CA

View Organization Page

Profile

Private golf and country club. To operate and maintain a golf club for members and public enjoyment in compliance with concession agreement with the city of palos verdes estates.

3301 Via CampesinaPalos Verdes Estates, CA 90274

www.pvgc.com

Siviq Scores

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

Liabilities / Assets

10th percentile

0.11x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

11th percentile

0.23x

Higher debt load relative to revenue than 11% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$453,430

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

501(c)7 • $25M-$50M nonprofits • Source year 2024

Asset Growth

56th percentile

5.6%

Faster asset growth than 56% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

7.6%

Faster revenue growth than 55% of similar nonprofits.

501(c)7 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$28,724,575

Up $1,518,672 (+5.6%) from 2023

Liabilities

Up

$3,098,095

Up $83,563 (+2.8%) from 2023

Net Assets

Up

$25,626,480

Up $1,435,109 (+5.9%) from 2023

Operations
Liabilities / Revenue11th percentileNet Margin67th percentile

Revenue

Up

$13,515,346

Up $949,611 (+7.6%) from 2023

Expenses

Up

$12,083,526

Up $571,159 (+5.0%) from 2023

Net Income

Up

$1,431,820

Up $378,452 (+36%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$30M$20M$10M$0Assets 2010: $15,794,040Liabilities 2010: $7,906,519Net Assets 2010: $7,887,5212010Assets 2011: $17,014,924Liabilities 2011: $7,334,934Net Assets 2011: $9,679,9902011Assets 2012: $16,552,177Liabilities 2012: $6,341,819Net Assets 2012: $10,210,3582012Assets 2013: $16,885,658Liabilities 2013: $5,886,653Net Assets 2013: $10,999,0052013Assets 2014: $16,967,040Liabilities 2014: $5,018,017Net Assets 2014: $11,949,0232014Assets 2015: $17,247,366Liabilities 2015: $4,245,474Net Assets 2015: $13,001,8922015Assets 2016: $17,583,184Liabilities 2016: $3,624,570Net Assets 2016: $13,958,6142016Assets 2017: $18,464,943Liabilities 2017: $2,898,462Net Assets 2017: $15,566,4812017Assets 2018: $18,636,014Liabilities 2018: $1,496,176Net Assets 2018: $17,139,8382018Assets 2019: $19,386,712Liabilities 2019: $1,696,184Net Assets 2019: $17,690,5282019Assets 2020: $21,325,141Liabilities 2020: $1,781,364Net Assets 2020: $19,543,7772020Assets 2021: $24,991,044Liabilities 2021: $2,970,275Net Assets 2021: $22,020,7692021Assets 2022: $25,674,082Liabilities 2022: $2,583,545Net Assets 2022: $23,090,5372022Assets 2023: $27,205,903Liabilities 2023: $3,014,532Net Assets 2023: $24,191,3712023Assets 2024: $28,724,575Liabilities 2024: $3,098,095Net Assets 2024: $25,626,4802024

Highlighted filing

2024

Assets$28,724,575
Liabilities$3,098,095
Net Assets$25,626,480
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

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

$15M$10M$5.0M$0Expenses 2010: $7,393,5502010Expenses 2011: $7,425,1582011Expenses 2012: $7,747,6872012Revenue 2013: $8,949,714Expenses 2013: $8,153,683Net Income 2013: $796,0312013Revenue 2014: $9,812,102Expenses 2014: $8,855,271Net Income 2014: $956,8312014Revenue 2015: $9,781,921Expenses 2015: $8,726,228Net Income 2015: $1,055,6932015Revenue 2016: $10,124,533Expenses 2016: $9,160,475Net Income 2016: $964,0582016Revenue 2017: $11,388,091Expenses 2017: $9,779,296Net Income 2017: $1,608,7952017Revenue 2018: $9,736,081Expenses 2018: $8,161,947Net Income 2018: $1,574,1342018Revenue 2019: $8,883,514Expenses 2019: $8,331,964Net Income 2019: $551,5502019Revenue 2020: $9,062,946Expenses 2020: $7,208,910Net Income 2020: $1,854,0362020Revenue 2021: $9,958,717Expenses 2021: $7,480,968Net Income 2021: $2,477,7492021Revenue 2022: $11,395,132Expenses 2022: $10,324,583Net Income 2022: $1,070,5492022Revenue 2023: $12,565,735Expenses 2023: $11,512,367Net Income 2023: $1,053,3682023Revenue 2024: $13,515,346Expenses 2024: $12,083,526Net Income 2024: $1,431,8202024

Highlighted filing

2024

Revenue$13,515,346
Expenses$12,083,526
Net Income$1,431,820
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$28,724,575
Liabilities
$3,098,095
Net assets
$25,626,480
Revenue
$13,515,346
Expenses
$12,083,526
Net income
$1,431,820
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$3.10$25.6$13.5$12.1$1.43
2023Summary only. Only limited summary data is available for this year.$27.2$3.01$24.2$12.6$11.5$1.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$2.58$23.1$11.4$10.3$1.07
2021Summary only. Only limited summary data is available for this year.$25.0$2.97$22.0$9.96$7.48$2.48
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$1.78$19.5$9.06$7.21$1.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$1.70$17.7$8.88$8.33$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.6$1.50$17.1$9.74$8.16$1.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$2.90$15.6$11.4$9.78$1.61
2016Summary only. Only limited summary data is available for this year.$17.6$3.62$14.0$10.1$9.16$0.96
2015Detailed filing. Detailed filing data is available for this year.$17.2$4.25$13.0$9.78$8.73$1.06
2014Detailed filing. Detailed filing data is available for this year.$17.0$5.02$11.9$9.81$8.86$0.96
2013Detailed filing. Detailed filing data is available for this year.$16.9$5.89$11.0$8.95$8.15$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$6.34$10.2$7.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$7.33$9.68$7.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$7.91$7.89$7.39
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$16,584,067
Mission and Program Overview

Mission

Private golf and country club. To operate and maintain a golf club for members and public enjoyment in compliance with concession agreement with the city of palos verdes estates.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,594,774$16,113,269▲ $518,495
Cash and Non-Interest-Bearing Accounts$2,891,088$3,696,184▲ $805,096
Other Notes and Loans Receivable, Net$849,162$0▼ $849,162
Accounts Receivable$570,761$527,015▼ $43,746
Inventories for Sale or Use$377,956$487,972▲ $110,016
Prepaid Expenses and Deferred Charges$179,871$165,047▼ $14,824
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$24,991,044$25,674,082▲ $683,038
Other Assets Total$4,527,432$4,684,595▲ $157,163
Liabilities
Other Liabilities$1,180,486$1,274,783▲ $94,297
Accounts Payable and Accrued Expenses$1,555,439$1,243,762▼ $311,677
Deferred Revenue$234,350$65,000▼ $169,350
Total Liabilities$2,970,275$2,583,545▼ $386,730
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,154,421$19,155,283▲ $1,000,862
Net Assets With Donor Restrictions$3,866,348$3,935,254▲ $68,906
Total Net Assets Fund Balance$22,020,769$23,090,537▲ $1,069,768
Total Liabilities and Net Assets / Fund Balance$24,991,044$25,674,082▲ $683,038

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,375,623$5,268,641$15,644,264
Other Land Buildings$3,964,923$3,563,671$7,528,594
Equipment$1,772,723$2,462,010$4,234,733
Other Assets Org$4,684,595--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David ConfortiFormer General ManagerFT$255,509$17,000$272,509
James GormleyDirector of GolfFT$188,600$18,870$207,470
Garrett YokoyamaExecutive ChefFT$160,841$16,537$177,378
Steven ManriquezGolf SuperintendenFT$143,446-$143,446
Jordan DavisDirector of Events-$119,011-$119,011
Crystal RamosDirector of HrFT$116,000-$116,000
David StockeGeneral ManagerFT$84,460-$84,460

Board Members and Trustees

NameTitle
David KleinPresident
Mark FitzpatrickVice President
Carolbeth CozenDirector
Dan FinneganDirector
George FranciscoDirector
John BarryDirector
Roger YangDirector
Steve LopesDirector
Brian HubenSecretary
Jan HauheTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,833,321
Investment Income
$49,125
Other Revenue
$1,512,686
Change in Net Assets
$1,070,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,395,132
Revenue Not Reported on Form 990
$5,683,646
Total Revenue per Audited Statements
$17,078,778
Total Revenue per Form 990
$11,395,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,838,901
Salaries, Compensation, and Employee Benefits$3,485,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,769,855
Depreciation Depletion---$1,371,036
All Other Expenses---$1,323,764
Other Employee Benefits---$462,944
Other Expenses---$440,055
Insurance---$175,627
Payroll Taxes---$168,423
Current Officers, Directors, Trustees, and Key Employees---$84,460
Total Functional Expenses$0$0$0$10,324,583

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,009,010
Expenses per Audited Statements$10,324,583
Total Expenses per Form 990$10,324,583
Expenses Not Reported on Form 990$5,684,427
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Deposits$1,156,089
Capital Lease$94,494
Member Deposits$24,200
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 organization is member-owned.”

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

“The members annually elect the board of directors.”

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

“Assessments and are subject to member approval.”

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

“The club treasurer reviews form 990 and 990-t prior to signing and filing.”

Form 990, Part VI, Section B, Line 15B

“THE human resource COMMITTEE REVIEWS EXECUTIVE AND KEY EMPLOYEE COMPENSATION and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The documents are not available to the general public.”

Filing and Contact Details

Filer

Filer Name
Palos Verdes Golf Club
EIN
95-1959280
Phone
3103752533
Address
3301 VIA CAMPESINA, PALOS VERDES ESTATES, CA 90274

Signing Officer

Name
George Francisco
Title
Treasurer
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Formed
1924
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
152

Preparer

Firm
Hutchinson and Bloodgood Llp
Address
550 N BRAND BLVD 14th Floor, GLENDALE, CA 91203
Preparer
Mark J Hennelly
Phone
8186375000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“LAUNDRY AND LINEN: Column (A) - Total = $125473; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OPERATING EXPENSES CLUBHOUSE: Column (A) - Total = $57436; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OPERATING EXPENSES GOLF ACTIVI: Column (A) - Total = $369214; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OPERATING EXPENSES LOCKER ROOM: Column (A) - Total = $20387; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OPERATING EXPENSES MEMBERSHIP: Column (A) - Total = $69600; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“OUTSIDE SERVICES: Column (A) - Total = $180265; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Postage and Shipping: Column (A) - Total = $7203; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“Printing and Publications: Column (A) - Total = $5147; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“PROPERTY TAXES: Column (A) - Total = $125687; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“REPAIR & MAINTENANCE: Column (A) - Total = $145488; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“SECURITY: Column (A) - Total = $13499; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E

“SUPPLIES: Column (A) - Total = $204365; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part XI, Line 9

“FUEL TAX CREDIT = -$781”

Financial Statement Notes

Part X : FIN48 Footnote

“The Club has been granted exemption from Federal and California taxes on income as a nonprofit corporation under Internal Revenue Service Code Section 501(c)(7) and Section 23701g of the California Revenue and Taxation Code. However, the Tax Reform Act of 1969 provides for the assessment of taxes on what is termed unrelated business income. This is generally defined to represent such forms of unrelated income as investment income and rental income. As a tax exempt social club, the Club is limited in the amount of revenue that can be generated from nonmember sources. Income tax on unrelated business income is provided for in general and administrative expenses in the accompanying financial statements. The Club recognizes tax positions in the financial statements when it is more-likely-than-not the position will be sustained upon examination by tax authorities. The Club believes that it has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions that would require recognition or disclosure as of December 31, 2022 and 2021. As of December 31, 2022, the Clubs annual tax filings for the prior three and four years are open for audit by Federal and state tax agencies, respectively.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Cost of goods sold $5187193 loss on disposal $707 service charges $495746”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Cost of goods sold $5187193 fuel credit $781 loss on disposal $707 service charges $495746”

Raw XML AppendixShowing 400 of 554 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01555439
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01243762
IRS990/AccountsReceivableGrp/BOYAmt0570761
IRS990/AccountsReceivableGrp/EOYAmt0527015
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PRIVATE GOLF AND COUNTRY CLUB. TO OPERATE AND MAINTAIN A GOLF CLUB FOR MEMBERS AND PUBLIC ENJOYMENT IN COMPLIANCE WITH CONCESSION AGREEMENT WITH THE CITY OF PALOS VERDES ESTATES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/TotalAmt01323764
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0David Schreiner
IRS990/BooksInCareOfDetail/PhoneNum03107917945
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03301 VIA CAMPESINA
IRS990/BooksInCareOfDetail/USAddress/CityNm0PALOS VERDES ESTATES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090274
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02891088
IRS990/CashNonInterestBearingGrp/EOYAmt03696184
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt084460
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt05187193
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt049125
IRS990/CYOtherExpensesAmt06838901
IRS990/CYOtherRevenueAmt01512686
IRS990/CYProgramServiceRevenueAmt09833321
IRS990/CYRevenuesLessExpensesAmt01070549
IRS990/CYSalariesCompEmpBnftPaidAmt03485682
IRS990/CYTotalExpensesAmt010324583
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011395132
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0234350
IRS990/DeferredRevenueGrp/EOYAmt065000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt01371036
IRS990/Desc0PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03866348
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03935254
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt0152
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt155.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt165.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID CONFORTI
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES GORMLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2GARRETT YOKOYAMA
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN MANRIQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm4JORDAN DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm5CRYSTAL RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID STOCKE
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID KLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK FITZPATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm9JAN HAUHE
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN HUBEN
IRS990/Form990PartVIISectionAGrp/PersonNm11CAROLBETH COZEN
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN BARRY
IRS990/Form990PartVIISectionAGrp/PersonNm13DAN FINNEGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14GEORGE FRANCISCO
IRS990/Form990PartVIISectionAGrp/PersonNm15STEVE LOPES
IRS990/Form990PartVIISectionAGrp/PersonNm16ROGER YANG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0272509
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1207470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2177378
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3143446
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4119011
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5116000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt684460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0FORMER GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR. OF GOLF
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE CHEF
IRS990/Form990PartVIISectionAGrp/TitleTxt3GOLF SUPERINTENDEN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR OF HR
IRS990/Form990PartVIISectionAGrp/TitleTxt6GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt7President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01924
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-707
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt016584067
IRS990/GrossReceiptsForPublicUseAmt03985374
IRS990/GrossRentsGrp/RealAmt04140
IRS990/GrossSalesOfInventoryAmt06696774
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InitiationFeesAndCapContriAmt01348611
IRS990/InsuranceGrp/TotalAmt0175627
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0377956
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0487972
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt049832
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt049832
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011294322
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015594774
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016113269
IRS990/LandBldgEquipCostOrOtherBssAmt027407591
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0707
IRS990/LessRentalExpensesGrp/RealAmt01035
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRIVATE GOLF AND COUNTRY CLUB. TO OPERATE AND MAINTAIN A GOLF CLUB FOR MEMBERS AND PUBLIC ENJOYMENT IN COMPLIANCE WITH CONCESSION AGREEMENT WITH THE CITY OF PALOS VERDES ESTATES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt022020769
IRS990/NetAssetsOrFundBalancesEOYAmt023090537
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-707
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-707
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0927470
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01509581
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0582111
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03105
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt03105
IRS990/NetUnrelatedBusTxblIncmAmt041048
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt018154421
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt019155283
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04527432
IRS990/OtherAssetsTotalGrp/EOYAmt04684595
IRS990/OtherChangesInNetAssetsAmt0-781
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0462944
IRS990/OtherExpensesGrp/Desc0CITY FEES
IRS990/OtherExpensesGrp/Desc1OPERATING EXPENSES A&G
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OPERATING EXPENSES F&B
IRS990/OtherExpensesGrp/TotalAmt01373229
IRS990/OtherExpensesGrp/TotalAmt11097932
IRS990/OtherExpensesGrp/TotalAmt21057258
IRS990/OtherExpensesGrp/TotalAmt3440055
IRS990/OtherLiabilitiesGrp/BOYAmt01180486
IRS990/OtherLiabilitiesGrp/EOYAmt01274783
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02769855
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0849162
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0168423
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0179871
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0165047
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0CAPITAL FUNDING FEE
IRS990/ProgramServiceRevenueGrp/Desc1GOLF ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc2GREEN FEES
IRS990/ProgramServiceRevenueGrp/Desc3INITIATION FEES
IRS990/ProgramServiceRevenueGrp/Desc4MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0791360
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1425138
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2590624
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31348611
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46147100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0791360
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1461347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2832941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31348611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46147100
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt036209
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1242317
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0-606616
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04866708
IRS990/PYOtherRevenueAmt0831405
IRS990/PYProgramServiceRevenueAmt09733928
IRS990/PYRevenuesLessExpensesAmt02477749
IRS990/PYSalariesCompEmpBnftPaidAmt02614260
IRS990/PYTotalExpensesAmt07480968
IRS990/PYTotalRevenueAmt09958717
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01070549
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt03105
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt010375623
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05268641
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015644264
IRS990ScheduleD/EquipmentGrp/BookValueAmt01772723
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02462010
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04234733
IRS990ScheduleD/ExpensesNotReportedAmt05684427
IRS990ScheduleD/ExpensesSubtotalAmt010324583
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04684595
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CLUB IMPROVEMENT FUND
IRS990ScheduleD/OtherExpensesIncludedAmt05684427
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03964923
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03563671
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07528594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt094494
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21156089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MEMBER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER DEPOSITS
IRS990ScheduleD/OtherRevenueAmt05683646
IRS990ScheduleD/RevenueNotReportedAmt05683646
IRS990ScheduleD/RevenueSubtotalAmt011395132
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Club has been granted exemption from Federal and California taxes on income as a nonprofit corporation under Internal Revenue Service Code Section 501(c)(7) and Section 23701g of the California Revenue and Taxation Code. However, the Tax Reform Act of 1969 provides for the assessment of taxes on what is termed unrelated business income. This is generally defined to represent such forms of unrelated income as investment income and rental income. As a tax exempt social club, the Club is limited in the amount of revenue that can be generated from nonmember sources. Income tax on unrelated business income is provided for in general and administrative expenses in the accompanying financial statements. The Club recognizes tax positions in the financial statements when it is more-likely-than-not the position will be sustained upon examination by tax authorities. The Club believes that it has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions that would require recognition or disclosure as of December 31, 2022 and 2021. As of December 31, 2022, the Clubs annual tax filings for the prior three and four years are open for audit by Federal and state tax agencies, respectively.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD $5187193 LOSS ON DISPOSAL $707 SERVICE CHARGES $495746

Document Assets

No mirrored PDF or thumbnail assets are attached yet.