Pinnacle Peak Country Club Inc
- Assets
- $17.4m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 146
- Location
- Scottsdale, AZ
- Founding
- 10/1980
- Data as of
- 09/2023
- EIN
- 86-0335565
Organization Overview
Pinnacle Peak Country Club Inc is located in Scottsdale, AZ. The organization was established in 1980. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Pinnacle Peak Country Club Inc employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinnacle Peak Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Pinnacle Peak Country Club Inc generated $7.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $7.3m during the year ending 09/2023. While expenses have increased by 4.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOLF, FOOD, BEVERAGE AND RELATED SERVICES TO MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB OFFERS A PRIVATE GOLF COURSE, CLUBHOUSE, AND OTHER STANDARD AMENITIES INCLUDING A RESTAURANT THE CLUB SERVES APPROXIMATELY 455 MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Gillham President | OfficerTrustee | 2 | $0 |
Dave Toler Vice President | OfficerTrustee | 2 | $0 |
Larry Oliva Treasurer | OfficerTrustee | 2 | $0 |
Lynne Nauss Secretary | OfficerTrustee | 2 | $0 |
Rue Bax Director | Trustee | 1 | $0 |
Ruben Lujan Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Angelone Builders Construction | 12/30/20 | $317,345 |
Asm Remodeling Construction | 12/30/20 | $246,239 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,906,518 |
| Investment income | $108,118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,542 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$104,530 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,917,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $362,138 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,465,636 |
| Pension plan accruals and contributions | $12,883 |
| Other employee benefits | $355,772 |
| Payroll taxes | $330,501 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,391 |
| Fees for services: Accounting | $23,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,868 |
| Advertising and promotion | $3,872 |
| Office expenses | $0 |
| Information technology | $65,877 |
| Royalties | $0 |
| Occupancy | $383,884 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36,660 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,276,277 |
| Insurance | $97,167 |
| All other expenses | $474,630 |
| Total functional expenses | $7,258,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,489,993 |
| Savings and temporary cash investments | $2,246,229 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $254,775 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $479,740 |
| Prepaid expenses and deferred charges | $71,617 |
| Net Land, buildings, and equipment | $12,704,543 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $195,256 |
| Total assets | $17,442,153 |
| Accounts payable and accrued expenses | $561,624 |
| Grants payable | $0 |
| Deferred revenue | $130,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $742,865 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $507,126 |
| Total liabilities | $1,942,015 |
| Net assets without donor restrictions | $15,500,138 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,442,153 |