2021-10-02T11:54:32-05:00 2020-12-31 450250958 EIDE BAILLY LLP 2355 E CAMELBACK RD STE 900 PHOENIX AZ 850169065 990 2020-01-01 273966137 DESERT MOUNTAIN CLUB INC DESE 4805954000 10550 E DESERT HILLS DRIVE SCOTTSDALE AZ 85262 ANDREA RANDALL CHIEF FINANCIAL OFFICER 4805954000 2021-10-01 1 ANDREA RANDALL 999009999 BRENDA ANN BLUNT CPA P00075126 4803151040 2021-10-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SCOTT URDANG 10550 E DESERT HILLS DRIVE SCOTTSDALE AZ 85262 79275624 0 X WWW.DESERTMOUNTAIN.COM X 2010 AZ WE PROVIDE PRIVATE GOLF COURSES, CLUBHOUSES, AND OTHER STANDARD AMENTITIES TO OUR MEMBERS. 9 9 1111 9 1604513 340731 0 379850 58714284 63602918 2979020 214630 6601914 6435045 68295218 70632443 14623 18365 0 0 35490960 36851138 0 0 0 28060188 29377431 63565771 66246934 4729447 4385509 146738457 147991088 45999345 44742753 100739112 103248335 NONE 0 0 WE PROVIDED PRIVATE GOLF COURSES, CLUBHOUSES, AND OTHER STANDARD AMENTITIES TO THE CLUB'S APPROXIMATELY 2,200 MEMBERS. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 301 0 1 1111 1 1 1 0 0 0 0 10481789 446174 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 DAMON DIORIO CEO 45.00 X 801093 0 30862 JOHN LYBERGER PGA DIRECTOR OF GOLF 45.00 X 439137 0 24333 SHAWN EMERSON DIRECTOR OF AGRONOMY 45.00 X 355552 0 21483 ANDREA RANDALL CFO 45.00 X 295146 0 25814 TODD BRUEN DIRECTOR OF FACILITIES & M 45.00 X 274602 0 16978 GREGG LEONARD DIR. OF CLUB OPERATIONS 45.00 X 234793 0 21655 KIM ATKINSON DIRECTOR OF MARKETING 45.00 X 194926 0 0 AMY IACOVELLI CONTROLLER 45.00 X 172691 0 10953 ARNALDO COCUZZA DIRECTOR OF ATHLETICS & SO 45.00 X 136863 0 8222 LEO BIRKBY DIRECTOR 8.00 X 0 0 0 STEVEN HARPER DIRECTOR 8.00 X 0 0 0 KATHY KORY DIRECTOR 8.00 X 0 0 0 WAYNE MAILLOUX DIRECTOR 8.00 X 0 0 0 CAROL ANN PETREN DIRECTOR 8.00 X 0 0 0 SCOTT URDANG PRESIDENT 8.00 X X 0 0 0 JEFF SMITH VICE PRESIDENT 8.00 X X 0 0 0 MARK GILMAN TREASURER 8.00 X X 0 0 0 CHRIS STORBEK SECRETARY 8.00 X X 0 0 0 2904803 0 160300 38 0 1 0 ARIZONA MACHINERY LLC 11111 W MCDOWELL ROAD AVONDALE AZ 85392 MACHINERY RENTAL 188449 FENNEMORE CRAIG PC 2394 E CAMELBACK ROAD PHOENIX AZ 85016 LEGAL SERVICES 128593 JOHN ROUMAS 13432 N 101ST WAY SCOTTSDALE AZ 85260 MARKETING CONSULTING 110500 3 379850 129850 379850 MEMBER DUES AND ASSESMENTS 713910 42211463 42211463 INITIATION AND TRANSFER FEES 713910 10095000 10095000 GOLF CART AND CLUB RENTALS 713910 3417206 3417206 MISC CLUB INCOME 713910 2957763 2555361 402402 GREENS AND HANDICAP FEES 713910 2182812 2182812 2738674 2738674 63602918 207691 207144 547 1216715 357681 859034 859034 820478 38556 6939 0 6939 6939 6939 13861511 8285500 5576011 5408461 167550 70632443 68608977 1604513 39103 18365 1995651 27907373 510025 4192308 2245781 136203 101624 1523047 1250199 1128574 532766 5163379 62349 9502 1139506 8271050 1058275 FEDERAL AND STATE INCOM 156736 REPAIRS AND MAINTENANCE 1836637 EQUIPMENT RENTAL 1392403 FERTILIZER AND CHEMICAL 1346368 4268813 66246934 3261058 4723813 11738365 21557517 6263633 6859127 5549756 1494232 1947971 1744088 1415985 1497445 165904416 62123331 109891053 103781085 959711 921155 5710925 5412626 146738457 147991088 5316064 5468666 1880633 2090962 26454985 25013858 12347663 12169267 45999345 44742753 X 100739112 103248335 100739112 103248335 146738457 147991088 4385509 -1876286 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2239000 4343500 6582500 1379000 61327685 14217868 48488817 9321891 8220982 1100909 87293340 39684481 47608859 103781085 108721 CAPITAL LEASES 6774195 DUES REPAYMENT PROGRAM 62846 RETIREMENT PLAN 457(B) 282428 NON-EQUITY MEM. SUR. BENEFIT 260000 CLUB LIABILITY SUPPLEMENTAL ASSESSMENT 1430000 INTEREST RATE SWAP LIABILITY 3251077 12169267 X 69483113 -1876286 726956 -1149330 70632443 0 70632443 66973890 726956 726956 66246934 0 66246934 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, 2020 AND 2019, THE UNRECOGNIZED TAX BENEFITS ACCRUAL WAS ZERO. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL COST OF SALES NETTED AGAINST REVENUE 369,275. RENTAL EXPENSES NETTED AGAINST REVENUE 357,681. MISCELLANEOUS EXPENSES RECLASSIFIED FROM FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENESS NETTED AGAINST REVENUE 357,681. ADDITIONAL COST OF SALES NETTED AGAINST REVENUE 369,275. MISCELLANEOUS EXPENSES RECLASSIFIED FROM FINANCIAL STATEMENTS 1 ARIZONA COMMUNITY FOUNDATION 2201 E CAMELBACK ROAD SUITE 405B PHOENIX AZ 85016 860348306 501(C)(3) 10941 DESERT MOUNTAIN COMMUNITY PROGRAMS 1 1 PART I, LINE 2: GRANTS ARE MADE TO WELL-ESTABLISHED CHARITIES FOR UNRESTRICTED USE IN THEIR GENERAL PROGRAMS. POST-GRANT MONITORING IS NOT CONSIDERED NECESSARY. X X X X X X 0 0 0 DAMON DIORIO CEO 642706 0 144855 0 13532 0 21900 0 9511 0 832504 0 0 0 JOHN LYBERGER PGA DIRECTOR OF GOLF 359738 0 67000 0 12399 0 9792 0 15102 0 464031 0 0 0 SHAWN EMERSON DIRECTOR OF AGRONOMY 292831 0 54080 0 8641 0 6942 0 15115 0 377609 0 0 0 ANDREA RANDALL CFO 238789 0 43050 0 13307 0 11273 0 15090 0 321509 0 0 0 TODD BRUEN DIRECTOR OF FACILITIES & M 221392 0 40560 0 12650 0 7913 0 9626 0 292141 0 0 0 GREGG LEONARD DIR. OF CLUB OPERATIONS 191837 0 30888 0 12068 0 7301 0 14796 0 256890 0 0 0 KIM ATKINSON DIRECTOR OF MARKETING 154692 0 28600 0 11634 0 0 0 425 0 195351 0 0 0 AMY IACOVELLI CONTROLLER 157299 0 14517 0 875 0 5822 0 5509 0 184022 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, AS APPROPRIATE. THE CEO AND THE COMPENSATION OF THE CEO IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS' COMPENSATION COMMITTEE. X 1 129850 DONOR COST 0 0 0 0 PART I, COLUMN (B): PART I, COL. (B) IS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS TWO CATEGORIES OF VOTING EQUITY MEMBERS: EQUITY GOLF MEMBERS AND EQUITY CLUB MEMBERS. EQUITY GOLF MEMBERS HAVE ACCESS TO ALL FACILITIES INCLUDING UNLIMITED GOLF AND TENNIS AND HAVE EACH EQUITY GOLF MEMBER HAS TWO (2) VOTES, EACH. EQUITY CLUB MEMBERS HAVE ONE (1) VOTE EACH. NON-EQUITY MEMBERSHIPS WERE ISSUED PRIOR TO DECEMBER 31, 2010. NO NEW NON-EQUITY MEMBERS ARE BEING ADMITTED. NON-EQUITY 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 EQUITY MEMBERS ENTITLED TO VOTE MAY VOTE ON "MAJOR DECISIONS". MAJOR DECISIONS ARE DEFINED AS: (A) A MAJOR CAPITAL EXPENDITURE FOR NEW CAPITAL IMPROVEMENTS AND EXPANDED FACILITIES OR AS MAY BE REQUIRED, AS DETERMINED BY THE BOARD, THAT ARE NOT CAPITAL REPAIR AND REPLACEMENT ITEMS AND ARE IN EXCESS OF FIVE PERCENT (5%) OF THE THEN CURRENT CLUB ANNUAL GROSS REVENUE, INCLUDING TRANSFER FEES. (B) A SALE OF THE CLUB FACILITIES OR ANY INDIVIDUAL CLUB FACILITY, (C) A MATERIAL ADVERSE CHANGE TO THE MEMBERSHIP TRANSFER FEE, (D) A CHANGE OR ADDITION TO THE MEMBERSHIP CATEGORIES OR CHANGES IN EXISTING MEMBERSHIP CATEGORIES THAT RESULT IN AN INCREASE IN THE MAXIMUM NUMBER OF EQUITY GOLF OR EQUITY CLUB MEMBERS ABOVE THE CAPS STATED IN THE BYLAWS, AND (E) AND AMENDMENT TO THE BYLAWS. ANY AMENDMENT TO THE BYLAWS THAT DISCRIMINATES OR IMPOSES GREATER OBLIGATIONS OR FEWER RIGHTS THAT APPLY SOLELY AGAINST THE DEVELOPER RETAINED MEMBERSHIPS COMPARED TO OTHER EQUITY GOLF MEMBERSHIPS IN THE CLUB, OR MODIFIES ANY OF THE RIGHTS AND PRIVILEGES OF THE NON-EQUITY MEMBERSHIPS IN THE CLUB NOT OTHERWISE AMENDABLE UNDER THE APPLICABLE TERMS AND PROVISIONS OF THE PRIOR CLUB OF THE PRIOR PLANS, OR REVISE ANY OF THE RIGHTS OF DESERT MOUNTAIN PROPERTIES LIMITED PARTNERSHIP ("DMP") GRANTED IN THE BYLAWS, REQUIRES PRIOR WRITTEN APPROVAL OF DMP. SUCH APPROVAL CANNOT BE UNREASONABLY WITHHELD. ANY ASSESSMENT OF THE NON-EQUITY MEMBERS IS SUBJECT TO OBTAINING THE REQUIRED AFFIRMATIVE VOTE OF THE NON-EQUITY 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 MONTHLY 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. ONLY EQUITY MEMBERS HAVE ACCESS TO THE DOCUMENTS KEPT READILY AVAILABLE IN THE MAIN OFFICE OF THE CLUB.