Dunes Club Inc

The information for Dunes Club Inc is as of the organization's most recent filing in December '21. This organization is located in Atlantic Beach, NC. It has been in existence for 80 years, following its founding in 1941.

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 Dunes Club Inc's NTEE code is N60. The "N" tells us that the organization is classified under Recreation & Sports. The "60" tells us that the organization is involved in Amateur Sports. According to the NTEE description, organizations with this classification provide opportunities for people of all ages to learn, become competitive in, and enjoy organized recreational activities, sports, or games of their choice. These programs are often offered by local clubs and may include coaching, access to equipment and facilities, and participation in amateur competitions at the local or regional level. The Dunes Club Inc's C Section Code is 7, which designates it as a Social and Recreational Club. The organization's mission is to be a social and recreational beach club.

Program Areas

The organization focuses on providing recreation and social interaction opportunities for its members within the general fund. This includes reporting all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

Dunes Club Inc is run by Richard McIntyre, who is the President of the organization. The organization has 128 employees, with only one employee being paid over $100k per year. Currently, there are no volunteers supporting the organization.

Board Governance

Dunes Club Inc, a non-profit organization, appears to be well-governed based on the provided information. The organization has 10 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the governance structure, ensuring that the organization's decisions are made solely in the best interest of its mission. The fact that the organization has not delegated management to an outside firm indicates a hands-on approach to governance, with board members actively involved in overseeing the operations. This level of involvement is reinforced by the documentation of board meetings and committee meetings, demonstrating transparency and accountability. Although the organization does not have a conflict of interest policy or require disclosure of conflicts, the presence of a written whistleblower policy suggests a commitment to ethical practices and a mechanism for reporting any concerns or wrongdoings. Furthermore, the organization substantiates and reviews the salaries of both leadership and officers, indicating a responsible approach to compensation. The provision of copies of the 990 to the board prior to filing ensures that board members have access to financial information and can fulfill their oversight role effectively. While the organization does not have a document retention policy, this may be an area for improvement to ensure proper record-keeping and compliance with legal requirements. Overall, Dunes Club Inc demonstrates strong governance practices, with a focus on transparency, accountability, and ethical conduct.

Organization Growth

The nonprofit organization, Dunes Club Inc, has experienced growth over the given time period. Program service revenue increased from $1.6M in 2016 to $1.9M in 2021, investment income increased from $-20151 in 2016 to $-100 in 2021, and other revenue increased from $628.1K in 2016 to $814.9K in 2021. Additionally, total revenue increased from $2.2M in 2016 to $2.7M in 2021. Employee salaries also increased from $1.3M in 2016 to $1.8M in 2021, and the total number of employees grew from 99 in 2016 to 128 in 2021. However, it is worth noting that total expenses also increased from $2.1M in 2016 to $3.4M in 2021. Overall, the organization has shown growth in various areas, including revenue, employee salaries, and the number of employees.