Cypress Point Club

The information for Cypress Point Club is as of the organization's most recent filing in December 2018. This organization is located in Pebble Beach, CA. It has been in existence for 84 years, following its founding in 1934.

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 Cypress Point Club's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in and enjoy the organized recreational activity, sport or game of their choice. These programs may provide coaching assistance, access to equipment and facilities, and sponsor athletes to participate in amateur competitions.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. In this case, the Cypress Point Club is a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.

The mission of the Cypress Point Club is to bind its members together by a common objective directed at pleasure and recreation.

Program Areas

Social and recreational programs are an integral part of the organization's mission, providing a variety of activities that encourage and support the wellbeing of the community.

Organization Staffing

Cypress Point Club is run by Richard Barrett, who is the President. The organization has 71 employees, of whom 6 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 10 volunteers.

Board Governance

The Cypress Point Club is an exemplary example of a well-governed non-profit organization. With nine voting members, all of whom are independent, potential conflicts of interest are avoided. The organization has not delegated management to an outside firm, and all board and committee meetings are documented. The Cypress Point Club has a conflict of interest policy, as well as a written whistleblower policy and a document retention policy. Leadership and officer salaries are also substantiated and reviewed. Finally, the organization provides copies of the 990 to the board prior to filing. This demonstrates the Cypress Point Club’s commitment to transparency and ethical governance.

Organization Growth

Overall, the Cypress Point Club nonprofit organization has experienced a decline in total revenue and total employees over the past four year period. Program service revenue decreased significantly, while other revenue and grants paid increased. Investment income also increased significantly. Meanwhile, employee salaries and total expenses both increased, while the number of volunteers remained the same.