PPIN501(c)(7) · MEDIUMNAICS 713910EIN 86-0335565

Pinnacle Peak Country Club Inc

Scottsdale, AZ · founded 1980
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.92M
▼ 0.7% YoY
FY23 Total Expenses
$7.26M
▲ 9.7% YoY
Operating Margin
8.3%
revenue minus expenses ÷ revenue
Employees
146
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.9M
▲ 15.3% / 5y
6.97.28.08.07.9
Expenses
$7.3M
▲ 27.6% / 5y
5.75.76.66.67.3
Total Assets
$17.4M
▲ 13.4% / 5y
15.416.217.117.117.4
Total Liabilities
$1.9M
▼ 46.8% / 5y
3.73.02.22.21.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.9M$7.2M$8.0M$8.0M$7.9M+15.3%
Expenses$5.7M$5.7M$6.6M$6.6M$7.3M+27.6%
Net surplus$1.2M$1.6M$1.4M$1.4M$659K-43.9%
Total assets$15.4M$16.2M$17.1M$17.1M$17.4M+13.4%
Total liabilities$3.7M$3.0M$2.2M$2.2M$1.9M-46.8%
Net assets$11.7M$13.2M$14.9M$14.9M$15.5M+32.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
WILLIAM BELITZ
General Manager· 40h/wk
$209,225$550
CODY HORSTMAN
DIRECTOR OF AGRONOMY· 40h/wk
$173,960$20,804
DREW DARROW
Director of Golf· 40h/wk
$134,778$13,718
BRANDON SMITH
Executive Chef· 40h/wk
$118,909$25,627
MIKE LYON
Assistant General Manager· 40h/wk
$116,225$14,268
SUSAN JONES
Controller· 40h/wk
$113,496$14,182

+ 9 unpaid officers/directors as reported (BOB ROGERS, DAVE TOLER, JOHN JACQUAY, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
LAYNE CHRISTENSEN COMPANY
CHANDLER, AZ
CONSTRUCTION$300,470

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$4,688,948
CAPITAL ASSESSMENTS$1,394,702
CART RENTAL/GREEN FEES$797,144
INITIATION FEES$588,300
CLUBHOUSE SERVICES$390,599

PFounded in 1980, Pinnacle Peak Country Club Inc reported $7.92M of revenue for FY23, at an operating margin of 8.3%. Revenue moved down 0.7% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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