Coveleigh Club Inc

The information for Coveleigh Club Inc is as of the organization's most recent filing in December 2019. This organization is located in Rye, NY. It has been in existence for 63 years, following its founding in 1956.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Coveleigh Club Inc's NTEE code is N50, which tells us that the organization is classified along with Recreational Clubs. The "N" tells us that the organization is a Recreation & Sports organization and the "50" tells us that the organization is a Recreational Clubs. The NTEE describes Recreational Clubs as organizations that make available to members and their guests and facilities for recreational activities, sports and games.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(7) organization, which is classified as Social and Recreational Clubs. The mission of the Coveleigh Club Inc is to provide for the mutual assistance, improvement of its members socially and physically and to encourage and provide a means for the enjoyment of outdoor and indoor sports.

Program Areas

The Tax Exempt Club Activities program area tracks all activities related to tax-exempt clubs, including revenues, support, and functional expenses.

Organization Staffing

Coveleigh Club Inc is run by Jennifer Pomroy, who is the President. The organization has 264 employees, of whom only 3 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 13 volunteers.

Board Governance

The Coveleigh Club Inc is an exemplary non-profit organization, as evidenced by its well-governed structure. With 13 voting members and 13 independent members, the Coveleigh Club Inc is well-equipped to make informed decisions and ensure transparency. Furthermore, the organization has taken steps to ensure that potential conflicts of interest do not exist and has delegated management to an internal team. Board and committee meetings are documented, and the organization has a conflict of interest policy in place, as well as a written whistleblower policy and document retention policy. Leadership and officer salaries are also substantiated and reviewed. Finally, the organization does not provide copies of the 990 to the board prior to filing. All of these measures demonstrate that the Coveleigh Club Inc is well-governed and committed to ensuring transparency and ethical practices.

Organization Growth

Over the past five years, Coveleigh Club Inc has experienced growth in terms of program service revenue, investment income, other revenue, total revenue, employee salaries, and total expenses. Total employees increased from 175 in 2014 to 264 in 2019, however total volunteers decreased from 15 in 2014 to 13 in 2019. This suggests that the organization has been successful in expanding its operations and engaging more people in its mission.