2025-04-29T13:34:52-05:00 2024-12-31 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2024-01-01 273966137 DESERT MOUNTAIN CLUB INC DESE 4805954000 10550 E DESERT HILLS DRIVE SCOTTSDALE AZ 85262 AMY IACOVELLI CPA CHIEF FINANCIAL OFFICER 4805954000 2025-04-29 1 1 BRENDA ANN BLUNT CPA P00075126 4803151040 2025-04-29 2024 2025-03-06 01:10:19Z STEVEN HARPER 10550 E DESERT HILLS DRIVE SCOTTSDALE AZ 85262 120548711 0 X WWW.DESERTMOUNTAIN.COM X 2010 AZ WE PROVIDE PRIVATE GOLF COURSES, CLUBHOUSES, AND OTHER STANDARD AMENTITIES TO OUR MEMBERS. 9 9 1207 9 2577471 1435492 0 0 91641328 98139412 702095 1177765 8276423 8971911 100619846 108289088 37209 22438 0 0 52760052 56493507 0 0 0 35517641 38933275 88314902 95449220 12304944 12839868 196004499 203314100 50281092 44389115 145723407 158924985 TO CREATE EXCEPTIONAL EXPERIENCES FOR OUR MEMBERS BY ENGAGED TEAMMATES WHO INTEGRATE OUR CORE VALUES INTO EVERY ASPECT OF OUR CLUB. 0 0 WE PROVIDED PRIVATE GOLF COURSES, CLUBHOUSES, AND OTHER STANDARD AMENTITIES TO THE CLUB'S APPROXIMATELY 2,330 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 228 0 1 1207 1 1 1 0 0 0 0 33893 3139496 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMY IACOVELLI 4805954000 10550 E DESERT HILLS DR SCOTTSDALE AZ 85262 STEVE HARPER-CHAIRMANTHRU 4/24)/BOARD MEMBER(AS OF 4/24) 8.00 X X 0 0 0 JEFF SMITH CHAIRMAN(AS OF 4/24) 8.00 X X 0 0 0 DAMON DIORIO CEO 45.00 X 1037712 0 39240 AMY IACOVELLI CFO 45.00 X 263374 0 16751 GEORGE NEWSTROM-VICE CHAIRMAN(THRU 4/24)/BOARD MEMBER 8.00 X X 0 0 0 ANDREA RANDALL CFO(THRU 3/24) 45.00 X 140962 0 9086 JOHN LYBERGER PGA DIRECTOR OF GOLF 45.00 X 538953 0 26556 TODD BOHN DIRECTOR OF AGRONOMY 45.00 X 611166 0 25860 ATHENA KAVIRIS-SECRETARYTHRU 4/24)VICE CHAIRMAN (AS OF 4/24) 8.00 X X 0 0 0 WES PUDWILL DIRECTOR OF TALENT & CULTURE 45.00 X 304613 0 16226 KIM ATKINSON DIR. OF MARKETING & COMMUNICATIONS 45.00 X 275616 0 2567 TODD BRUEN DIR. OF FACILITIES & MAINTENANCE 45.00 X 423737 0 28073 GREGG LEONARD DIRECTOR OF CLUB OPERATION 45.00 X 363994 0 25812 BERTRAND BOUQUIN DIRECTOR OF CULINARY 45.00 X 345166 0 30407 RUSSELL THORNTON SECRETARY (AS OF 4/24) 8.00 X X 0 0 0 PAMELA FORBES LIEBERMAN TREASURER (THRU 4/24) 8.00 X X 0 0 0 VAN DUKEMAN TREASURER (AS OF 4/24) 8.00 X X 0 0 0 STEVE CARDINAL BOARD MEMBER (THRU 4/24) 8.00 X 0 0 0 RON HINDERBERGER BOARD MEMBER 8.00 X 0 0 0 JOHN SHANHOLT BOARD MEMBER 8.00 X 0 0 0 MIKE KLONOSKY BOARD MEMBER (AS OF 4/24) 8.00 X 0 0 0 4305293 0 220578 65 0 1 0 WADSWORTH GOLF CONSTRUCTION 13941 VAN DYKE ROAD PLAINFIELD IL 60544 CONSTRUCTION SERVICES 8084858 HAYDON COMPANIES 4640 E COTTON GIN LOOP PHOENIX AZ 85040 CONSTRUCTION SERVICES 6684818 DTJ DESIGN INC 3101 IRIS AVENUE STE 130 BOULDER CO 80301 ARCHITECTURAL SERVICES 1247956 THE CHAMBERS CO PO BOX 20239 BALTIMORE MD 21284 ARCHITECTURAL SERVICES 657750 PUEBLO MECHANICAL & CONTROLS 6771 E OUTLOOK DR TUCSON AZ 85756 CONSTRUCTION SERVICES 269697 16 MEMBER DUES AND ASSESMENTS 713910 82791363 82791363 GREENS AND HANDICAP FEES 713910 3748111 3671111 77000 GOLF CART AND CLUB RENTALS 713910 3098119 3098119 OTHER USE AND SERVICE FEES 713910 3059118 3057188 1930 FOOD SERVICE INCOME 713910 2806559 2806559 2636142 2636142 98139412 1149735 1149735 1097392 131698 965694 965694 965694 58659 30629 28030 28030 24767 33892 -30629 20103513 12097296 8006217 7656997 349220 108289088 105742246 2577471 -30629 22438 2689393 43687722 700832 5945918 3469642 187495 65241 2412534 1240495 1586452 960961 6180420 184287 27899 947448 11055439 1397330 FEDERAL AND STATE INCOM 569037 EQUIPMENT RENTAL 2831775 REPAIRS AND MAINTENANCE 1936212 FERTILIZER AND CHEMICAL 1893331 5456919 95449220 8184217 8125322 18671723 14452930 8310471 9393536 504936 360978 3148637 3239030 1606214 2343308 245929457 96138714 139931972 149790743 4882779 4780704 10763550 10827549 196004499 203314100 13812869 9461751 2688564 2807301 23586752 22253036 10192907 9867027 50281092 44389115 X 145723407 158924985 145723407 158924985 196004499 203314100 12839868 361710 0 X 0 1 X 1 0 2239000 5248792 7487792 2467185 92386467 20796572 74057080 11680617 9583784 2096833 131907396 65758358 66149038 149790743 DEFERRED INCOME TAXES 1412020 INTEREST RATE SWAP 1996212 OPERATING LEASE RIGHT OF USE ASSETS 7419317 10827549 183046 OPERATING AND FINANCE LEASES 7560175 DUES REPAYMENT PROGRAM 47684 RETIREMENT PLAN 457(B) 671622 NON-EQUITY MEM. SUR. BENEFIT 312500 CLUB LIABILITY SUPPLEMENTAL ASSESSMENT 1092000 9867027 X 109386972 361710 736174 1097884 108289088 0 108289088 96185394 736174 736174 95449220 0 95449220 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. 1 ARIZONA ALLIANCE FOR GOLF 7377 E DOUBLETREE RANCH RD STE 100 SCOTTSDALE AZ 85258 871361275 501(C)(6) 10000 0 EDUCATE ARIZONANS ABOUT THE GAME OF GOLF 0 1 PART I, LINE 2: GRANTS ARE MADE TO WELL-ESTABLISHED NON-PROFIT ORGANIZATIONS FOR USE IN THEIR GENERAL PROGRAMS. POST-GRANT MONITORING IS NOT CONSIDERED NECESSARY. X X X X X X 0 0 0 DAMON DIORIO CEO 823462 0 200000 0 14250 0 29800 0 10844 0 1078356 0 0 0 AMY IACOVELLI CFO 242833 0 19500 0 1041 0 7446 0 10339 0 281159 0 0 0 JOHN LYBERGER PGA DIRECTOR OF GOLF 436203 0 88500 0 14250 0 9373 0 18599 0 566925 0 0 0 TODD BOHN DIRECTOR OF AGRONOMY 472966 0 126200 0 12000 0 8717 0 18025 0 637908 0 0 0 WES PUDWILL DIRECTOR OF TALENT & CULTURE 242039 0 49000 0 13574 0 9754 0 7262 0 321629 0 0 0 KIM ATKINSON DIR. OF MARKETING & COMMUNICATIONS 219857 0 42000 0 13759 0 2567 0 772 0 278955 0 0 0 TODD BRUEN DIR. OF FACILITIES & MAINTENANCE 305173 0 105000 0 13564 0 9474 0 18599 0 451810 0 0 0 GREGG LEONARD DIRECTOR OF CLUB OPERATION 284600 0 66000 0 13394 0 11500 0 15609 0 391103 0 0 0 BERTRAND BOUQUIN DIRECTOR OF CULINARY 279107 0 54000 0 12059 0 13491 0 18290 0 376947 0 0 0 ANDREA RANDALL CFO(THRU 3/24) 64703 0 62500 0 13759 0 4806 0 4280 0 150048 0 0 0 PART I, LINE 3 AS PART OF THEIR FIDUCIARY RESPONSIBILITY, THE BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE WHICH OBTAINS A COMPENSATION SURVEY BY AN INDEPENDENT THIRD PARTY. THE SURVEY IS ORDERED AS APPROPRIATE TO EVALUATE COMPENSATION. THE COMPENSATION OF THE CEO IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE. 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.