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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Pinnacle Peak Country Club Inc

Scottsdale, AZ · founded 1980

13 filings on recordFY 2011–2023medium confidence

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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

Expenses

$7.3M

▲ 27.6% / 5y

Total Assets

$17.4M

▲ 13.4% / 5y

Total Liabilities

$1.9M

▼ 46.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ 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 · Employee	Reportable	Other
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

Vendor	Service	Paid
Layne Christensen Company CHANDLER, AZ	Construction & renovation	$300,470

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$4,688,948
CAPITAL ASSESSMENTS	$1,394,702
CART RENTAL/GREEN FEES	$797,144
INITIATION FEES	$588,300
CLUBHOUSE SERVICES	$390,599

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$743K

▼ $206K paid down

Net land, buildings & equipment

$12.7M

book value, net of depreciation

Facility age

52%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$97,167
Occupancy	$383,884
Depreciation & depletion	$1,276,277
Information technology	$65,877
Advertising & promotion	$3,872
Legal fees	$4,391
Accounting fees	$23,354
Other professional fees	$121,868

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

PINNACLE PEAK COUNTRY CLUB 401(K) PLAN AND TRUST

pension · 70 participants · $669K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

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)

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