2024-11-12T09:04:14-06:00 2023-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2023-01-01 946008058 CYPRESS POINT CLUB CYPR 8316246444 PO BOX 466 PEBBLE BEACH CA 93953 STU FRANCIS TREASURER 8316246444 2024-11-11 1 1 SCOTT WATTERS P01246213 4082877911 2023 2024-10-15 13:58:12Z GEORGE STILL PO BOX 466 PEBBLE BEACH CA 93953 12482030 0 1 X N/A X 1927 CA TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 11 11 88 11 76113 57101 0 0 7759643 8363258 9660 58889 3674781 2734554 11444084 11156701 7500 8000 0 0 5178798 5894200 0 0 0 3842704 4367085 9029002 10269285 2415082 887416 23460202 24175883 2263716 2081021 21196486 22094862 X THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED & OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS. 0 0 SOCIAL AND RECREATIONAL PROGRAMS. SEE ORGANIZATION'S MISSION STATEMENT. 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 88 1 1 1 0 0 0 1 1 2100000 5129 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRITTNEY DEXEL 8316246444 3150 SEVENTEEN MILE DRIVE PEBBLE BEACH CA 93953 X GEORGE J STILL JR PRESIDENT 2.00 X X 0 0 0 DAVID W DORMAN VICE PRESIDENT 2.00 X X 0 0 0 J STUART FRANCIS TREASURER 2.00 X X 0 0 0 EDWARD D HERLIHY SECRETARY 2.00 X X 0 0 0 DOUGLAS J MACKENZIE DIRECTOR 2.00 X 0 0 0 GEORGE H DAVIS JR DIRECTOR 2.00 X 0 0 0 GREGORY E JOHNSON DIRECTOR 2.00 X 0 0 0 BRADLEY R KREY DIRECTOR 2.00 X 0 0 0 JAMES E REINHART DIRECTOR 2.00 X 0 0 0 MICHAEL P MCCARTHY DIRECTOR 2.00 X 0 0 0 ALLAN MORRISON CLUBHOUSE MANAGER 40.00 X 187920 0 34997 JEFFREY MARKOW GOLF COURSE SUPERINTENDENT 40.00 X 347507 0 34245 BRITTNEY DEXEL CONTROLLER 32.00 X 150024 0 44207 CASEY REAMER GOLF PRO 40.00 X 113998 0 42766 DAVID PARKER HEAD CHEF 40.00 X 132423 0 42466 HEIDI JAMISON CLUBHOUSE SECRETARY 40.00 X 166289 0 28584 MICHAEL WORSFOLD 1ST ASSISTANT SUPERINTENDENT 40.00 X 105924 0 42037 1204085 0 269302 7 0 1 0 0 MEMBERSHIP DUES 713910 5536984 5536984 GREEN FEES 713910 2086150 2086150 TOURNAMENTS 713910 398274 398274 ROOM RENTAL 713910 280485 280485 GOLF CART, LOCKER, AND STORAGE RE 713910 61365 61365 8363258 48850 48850 54000 29533 24467 24467 24467 500000 13000 500000 2961 0 10039 10039 10039 1397727 792835 604892 602096 2796 INITIATION FEES 713910 2100000 2100000 OTHER REVENUE 713910 5195 5195 2105195 11156701 11070549 76113 10039 8000 604668 3314409 188020 1515507 271596 970149 GOLF COURSE 1719372 ALL OTHER EXPENSES 985989 ADMINSTRATIVE AND GENER 683260 INCOME TAX EXPENSE 8315 10269285 1106383 825200 1198706 1889353 1173664 1304226 278267 344061 270050 361085 29056492 10295698 19097046 18760794 336086 691164 23460202 24175883 1322574 1130360 882000 906700 59142 43961 2263716 2081021 X 21196486 22094862 21196486 22094862 23460202 24175883 887416 10960 0 X X 0 1 X 1 0 248176 X ENJOYMENT OF MEMBERS 0 101148 101148 17615838 2881810 14734028 4225289 3131093 1094196 7114217 4282795 2831422 18760794 OPERATING LEASE LIABILITY 43961 43961 X 11990029 10960 822368 833328 11156701 0 11156701 11091653 822368 822368 10269285 0 10269285 PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES ALL POSITIONS TAKEN BY THE CLUB ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION FOR ALL OPEN TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 792,835. RENTAL EXPENSE 29,533. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 792,835. RENTAL EXPENSE 29,533. X 0 0 0 JEFFREY MARKOW GOLF COURSE SUPERINTENDENT 304775 0 35500 0 7232 0 15200 0 19045 0 381752 0 0 0 ALLAN MORRISON CLUBHOUSE MANAGER 148345 0 37500 0 2075 0 10637 0 24360 0 222917 0 0 0 HEIDI JAMISON CLUBHOUSE SECRETARY 133264 0 29500 0 3525 0 9539 0 19045 0 194873 0 0 0 BRITTNEY DEXEL CONTROLLER 116999 0 29500 0 3525 0 9407 0 34800 0 194231 0 0 0 DAVID PARKER HEAD CHEF 113848 0 15000 0 3575 0 7666 0 34800 0 174889 0 0 0 CASEY REAMER GOLF PRO 90423 0 20000 0 3575 0 7966 0 34800 0 156764 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE CLUB IS SUPPORTED PRINCIPALLY BY DUES FROM MEMBERS. ARTICLE 2.1 OF THE BYLAWS PROVIDES THAT THERE SHALL BE ONLY ONE CLASS OF MEMBERSHIP. ARTICLE 2.2 PROVIDES THAT THE TOTAL NUMBER OF MEMBERS SHALL NOT EXCEED 250. ARTICLE 2.3 PROVIDES THAT EACH MEMBER SHALL HAVE THE RIGHT TO USE AND ENJOY THE GOLF COURSE, THE FACILITIES OF THE CLUBHOUSE AND THE SERVICES PROVIDED BY THE CLUB'S STAFF, SUBJECT TO THE RESTRICTIONS OF THE BYLAWS, THE CLUB RULES AND ANY OTHER REGULATIONS THAT MAY BE ADOPTED FROM TIME TO TIME BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - SECTION 2.4 PROVIDES THAT EACH MEMBER IN GOOD STANDING SHALL HAVE THE RIGHT TO VOTE FOR THE ELECTION OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - ARTICLE 2.4 PROVIDES THAT EACH MEMBER IN GOOD STANDING SHALL HAVE THE RIGHT TO VOTE FOR THE ELECTION OF DIRECTORS AND ON EVERY OTHER MATTER SUBMITTED TO THE VOTE OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE FORM 990 IS FIRST REVIEWED BY THE ORGANIZATION'S CONTROLLER, WHO IS A CPA. THEN THE FORM 990 IS REVIEWED BY THE TREASURER AND ANY OTHER BOARD MEMBER WHO WISHES TO REVIEW BEFORE SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REFERS TO THE ANNUAL CONFLICT OF INTEREST DISCLOSURES WHENEVER THERE IS A TRANSACTION WITH A NEW VENDOR IF A CONFLICT EXISTS, THE ORGANIZATION FOLLOWS ITS PROCEDURES TO DETERMINE WHETHER OR NOT TO DO BUSINESS WITH THE VENDOR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS BONUSES AND RAISES ANNUALLY BASED ON THE EMPLOYEES PERFORMANCE, THEY MAY RECEIVE AN INCREASE IN COMPENSATION. THE BOARD CONSIDERS SALARIES GRANTED FOR THE SAME POSITION AT OTHER CLUB AS WELL AS COST OF LIVING AND OR INFLATION. THE BOARD THEN APPROVES ANY CHANGES. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NO CHANGES FROM PRIOR YEARS.