2025-11-06T12:36:22-06:00 2024-12-31 934739451 PPCO ADVISORS LLC 333 W SANTA CLARA ST SUITE 800 SAN JOSE CA 951131716 990 2024-01-01 946008058 CYPRESS POINT CLUB CYPR 8316246444 PO BOX 466 PEBBLE BEACH CA 93953 STU FRANCIS TREASURER 8316246444 2025-11-06 1 1 SCOTT WATTERS P01246213 4082877911 2024 2025-03-06 01:10:19Z GEORGE STILL PO BOX 466 PEBBLE BEACH CA 93953 17973879 0 1 X N/A X 1927 CA TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 11 11 85 11 244242 133222 0 0 8363258 8936338 58889 3519118 2734554 3844150 11156701 16299606 8000 8500 0 0 5894200 6197498 0 0 0 4367085 4810009 10269285 11016007 887416 5283599 24175883 30519995 2081021 3138276 22094862 27381719 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 34 0 1 85 1 1 1 0 0 0 1 1 3150000 119077 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 J STUART FRANCIS VICE PRESIDENT & TREASURE 2.00 X X 0 0 0 EDWARD D HERLIHY SECRETARY 2.00 X X 0 0 0 GEORGE H DAVIS JR ASSISTANT TREASURER 2.00 X X 0 0 0 TIMOTHY D ARMOUR 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 MURRAY G BODINE DIRECTOR 2.00 X 0 0 0 ALLAN MORRISON CLUBHOUSE MANAGER 40.00 X 224642 0 35537 JEFFREY MARKOW GOLF COURSE SUPERINTENDENT 40.00 X 376216 0 40230 BRITTNEY DEXEL CONTROLLER 32.00 X 157797 0 43594 CASEY REAMER GOLF PRO 40.00 X 126224 0 42063 DAVID PARKER HEAD CHEF 40.00 X 149225 0 43079 HEIDI JAMISON CLUBHOUSE ADMINISTRATOR 40.00 X 178730 0 22877 MICHAEL WORSFOLD 1ST ASSISTANT SUPERINTENDE 40.00 X 125205 0 42022 1338039 0 269402 8 0 1 0 0 MEMBERSHIP DUES 713910 6028800 6028800 GREEN FEES 713910 2083375 2083375 TOURNAMENTS 713910 490918 433341 57577 ROOM RENTAL 713910 270375 270375 GOLF CART, LOCKER, AND STORAGE RE 713910 62870 62870 8936338 3526581 135081 3391500 54000 34414 19586 19586 19586 750000 29206 750000 36669 0 -7463 -7463 -7463 1484135 853190 630945 598947 31998 INITIATION FEES 713910 3150000 3150000 OTHER REVENUE 713910 43619 43619 3193619 16299606 12671327 244242 3384037 8500 676625 3570968 207455 1435350 307100 411 956969 INCOME TAX EXPENSE 16767 GOLF COURSE 2050812 ADMINSTRATIVE AND GENER 992178 ALL OTHER EXPENSES 685372 107500 11016007 825200 959971 1889353 7117433 1304226 1490513 344061 373524 361085 283635 29468249 11050679 18760794 18417570 0 691164 1877349 24175883 30519995 1130360 1388731 906700 1004700 43961 744845 2081021 3138276 X 22094862 27381719 22094862 27381719 24175883 30519995 5283599 3258 0 X X 0 1 X 1 0 273176 X ENJOYMENT OF MEMBERS 0 101148 101148 18110699 3481399 14629300 4115276 3130816 984460 7141126 4438464 2702662 18417570 ART COLLECTIONS 273176 WORK IN PROGRESS 54240 OTHER RECEIVABLES 51614 RIGHT OF USE ASSETS 748319 CD'S - NON-CURRENT 750000 1877349 OPERATING LEASE LIABILITY 627154 ROU LIABILITY CURRENT - FINANCE LEASE 33637 ROU LIABILITY - FINANCE LEASE 84054 744845 X 17190468 3258 887604 890862 16299606 0 16299606 11903611 887604 887604 11016007 0 11016007 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 853,190. RENTAL EXPENSE 34,414. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 853,190. RENTAL EXPENSE 34,414. X 0 0 0 JEFFREY MARKOW GOLF COURSE SUPERINTENDENT 332252 0 36000 0 7964 0 16800 0 23430 0 416446 0 0 0 ALLAN MORRISON CLUBHOUSE MANAGER 180623 0 38000 0 6019 0 12106 0 23431 0 260179 0 0 0 HEIDI JAMISON CLUBHOUSE ADMINISTRATOR 143980 0 30500 0 4250 0 10291 0 12586 0 201607 0 0 0 BRITTNEY DEXEL CONTROLLER 123047 0 30500 0 4250 0 9736 0 33858 0 201391 0 0 0 DAVID PARKER HEAD CHEF 119925 0 25000 0 4300 0 9221 0 33858 0 192304 0 0 0 CASEY REAMER GOLF PRO 101798 0 20000 0 4426 0 8205 0 33858 0 168287 0 0 0 MICHAEL WORSFOLD 1ST ASSISTANT SUPERINTENDE 105880 0 16000 0 3325 0 8164 0 33858 0 167227 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.