Overview
What is Cypress Point Club?
The Cypress Point Club is a nonprofit organization situated in Pebble Beach, California. As per its mission, the club aims to foster camaraderie among its members by offering enjoyable and recreational activities. The organization falls under the category of exempt social clubs, as stated in IRC Section 501(C)(7). Its primary focus is to provide social and recreational benefits to its members, delivering a range of programs tailored to their pleasure and relaxation. The club employs a team of 78 individuals dedicated to ensuring the success of these programs.
Is Cypress Point Club legitimate?
Cypress Point Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Cypress Point Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $581,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,836,802
For more financial information, click here
What is the mission statement of Cypress Point Club?
The Cypress Point Club, operating under IRC Section 501(C)(7), is primarily focused on fostering a sense of camaraderie among its members. It achieves this objective by organizing and operating programs primarily for the pleasure and recreation of its members. The club's activities are substantially geared towards providing social and recreational benefits to its members, aligning with its mission to serve as an exempt social club. The club's programs are designed to cater to the leisure and entertainment needs of its members, promoting a sense of enjoyment and relaxation within its community.
Who is the CEO of Cypress Point Club?
George Still is the Principal Officer of Cypress Point Club.
What is the revenue of Cypress Point Club?
Cypress Point Club's revenue in 2022 was $11,444,084.
Who are the executives of Cypress Point Club and what are their salaries?
The average compensation at Cypress Point Club during 2022 was $43,824. There are 78 employees and 11 volunteers at Cypress Point Club.
Here are 17 key members and their salaries:
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- Compensation: $170,589
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- Other: $29,109
- Compensation: $347,507
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- Other: $34,245
- Compensation: $141,416
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- Other: $36,639
- Compensation: $110,090
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- Other: $35,380
- Compensation: $105,538
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- Other: $23,158
- Compensation: $153,668
- Related: $0
- Other: $28,584
Where can I find the form 990 for Cypress Point Club?
Cypress Point Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cypress Point Club
Cypress Point Club, a social club exempt under IRC Section 501(C)(7), is primarily dedicated to uniting its members through shared objectives aimed at pleasure and recreation. The organization's mission is substantially centered around organizing and operating programs that cater to the enjoyment and relaxation of its members. All activities and services offered by the club align with its objective of providing social and recreational benefits to its members.
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Impact
October, 2024
Cypress Point Club fosters a unique community by uniting its members under a shared objective centered on pleasure and recreation. Located in Pebble Beach, California, the club emphasizes the importance of social interaction and recreation through a variety of engaging programs. Its mission is to enhance member experiences by offering activities that focus on enjoyment and camaraderie.
The impact of Cypress Point Club is reflected in its ability to create a strong sense of belonging among members, facilitating friendships and connections through organized social and recreational activities. These offerings not only provide entertainment but also contribute to a supportive environment that enhances the overall well-being of its members. By prioritizing social engagement and recreation, Cypress Point Club plays a significant role in enriching the lives of its community, promoting not just leisure but also a vibrant social network.
This information is meant to be a general summary of Cypress Point Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,660
- Program Service Revenue: $7,759,643
- Gross Receipts: $13,319,865
Assets and Liabilities:
- Total Assets: $23,460,202
- Total Liabilities: $2,263,716
- Net Assets: $21,196,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,034,400
GREEN FEES
Revenue
$2,113,425
TOURNAMENTS
Revenue
$310,843
ROOM RENTAL
Revenue
$243,955
GOLF CART, LOCKER, AND STORAGE RE
Revenue
$57,020
Organization Details
Founding Year
1927
Phone
(831) 624-6444Principal Officer
George Still
Main Address
PO BOX 466, PEBBLE BEACH, CA, 93953
NTEE Category
Code: N50 - Recreation
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