2019-08-26T08:49:51-05:00 2018-12-31 362658780 MUELLER & CO LLP 1707 N RANDALL RD STE 200 ELGIN IL 60123 990 2018-01-01 363733864 CHICAGO YACHT CLUB FOUNDATION CHIC 3128617777 400 E MONROE STREET CHICAGO IL 60603 GERALD BOBER PRESIDENT 3128617777 2019-08-22 1 BETH ULBRICH P01439597 8478888600 2019-08-22 74.115.53.5 2019-08-22 10:05:11 CD P 1E824E23C3DDFADF5C3F685AE9F70A92066568FA D43B27B23529A58490306F7592001A74D7BB10E5 2018 2020-03-31 21:24:44Z GERALD F BOBER PHD 400 E MONROE STREET CHICAGO IL 60603 204707 0 X WWW.CHICAGOYACHTCLUB.ORG X 1990 IL PROMOTES AWARENESS AND APPRECIATION OF THE NAUTICAL ARTS TO THE CHICAGOLAND COMMUNITY AND NATIONALLY BY BROADENING HORIZONS FOR OUR YOUTH AND PHYSICALLY DISABLED THROUGH NAUTICAL TRAINING, EDUCATION AND ON-THE-WATER BOATING ACTIVITIES THROUGH VARIOUS VENUES SUCH AS SCHOLARSHIPS, SAILING COMPETITIONS, ALLIANCE WITH RICKOVER ACADEMY OR OTHER FINANCIAL SUPPORT. 15 15 0 15 0 0 103624 138706 40750 44175 18454 21526 0 300 162828 204707 35693 57623 0 0 0 0 0 0 820 55588 50612 91281 108235 71547 96472 910156 973449 3612 31010 906544 942439 X PROMOTES AWARENESS AND APPRECIATION OF THE NAUTICAL ARTS TO THE CHICAGOLAND COMMUNITY AND NATIONALLY BY BROADENING HORIZONS FOR OUR YOUTH AND PHYSICALLY DISABLED THROUGH NAUTICAL TRAINING, EDUCATION AND ON-THE-WATER BOATING ACTIVITIES THROUGH VARIOUS VENUES SUCH AS SCHOLARSHIPS, SAILING COMPETITIONS, ALLIANCE WITH RICKOVER ACADEMY OR OTHER FINANCIAL SUPPORT. 0 0 40821 44175 NEIL CLINIC: DURING 2018, THE FOUNDATION CONDUCTED ITS SIXTH ANNUAL NEILL ADVANCED SAILING CLINIC. APPROXIMATELY 70 SAILORS FROM AROUND THE COUNTRY COME TO CYC TO PARTICIPATE IN A HIGH-LEVEL CLINIC COACHED BY SOME OF COLLEGE'S BEST SAILING COACHES. 1176 JUNIOR PROGRAM: TO PROMOTE THE NAUTICAL ARTS, THE FOUNDATION BEGAN A SAIL SAFETY AND TRAINING PROGRAM WITH THE RICKOVER NAVAL ACADEMY IN 2008. RICKOVER IS ONE OF SEVERAL MILITARY ACADEMIES IN THE CHICAGO PUBLIC SCHOOL SYSTEM AND IS LOCATED WITHIN SENN PUBLIC HIGH SCHOOL IN THE EDGEWATER COMMUNITY.THE RICKOVER RACING SAIL PROGRAM FOLLOWS A STRONG FORMAT OF CONSISTENT CURRICULUM, INSTRUCTION AND SCHEDULING. THROUGH A PARTNERSHIP, CYC FOUNDATION SUPPORTS THE RICKOVER ACADEMY JNROTC RACING TEAM BY SUPPLYING SAFETY EQUIPMENT, SAIL TRAINING AND TRANSPORTATION. 57623 57623 SCHOLARSHIPS & GRANTS: THE FOUNDATION OFFERS GRANTS IN AID IN THREE CATEGORIES: SAILING EDUCATION, REGATTA AND CLINIC PARTICIPATION, AND MARITIME ORGANIZATION GRANTS. 99620 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 IL X WILLIAM BLOOM 3128617777 400 E MONROE STREET CHICAGO IL 60603 X GERALD BOBER PRESIDENT 5.00 X X 0 0 0 JAMES ARMSTRONG VICE PRESIDENT 3.00 X X 0 0 0 WILLIAM BLOOM TREASURER 3.00 X X 0 0 0 STEVEN SALK SECRETARY 3.00 X X 0 0 0 JANE VARTAN DIRECTOR 2.00 X 0 0 0 RAY GROBLE DIRECTOR 2.00 X 0 0 0 JOHN BENISH JR DIRECTOR 2.00 X 0 0 0 CYD ARCHER DIRECTOR 2.00 X 0 0 0 CHRISTIE COON DIRECTOR 2.00 X 0 0 0 ALAN HAAG DIRECTOR 2.00 X 0 0 0 GRANT CROWLEY DIRECTOR 2.00 X 0 0 0 MICHAEL BELSLEY DIRECTOR 2.00 X 0 0 0 MICHAEL SOLLITT DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 138706 138706 NASC ENTRY FEES 713990 38475 38475 BOAT CHARTER FEES 713990 4500 4500 AIRPORT TRANSFERS 713990 1200 1200 44175 21526 21526 MISC REVENUE 713990 300 300 300 204707 44175 0 21826 47323 47323 10300 10300 6000 4500 900 600 6150 6150 2768 2353 415 2200 1650 330 220 NEIL CLINIC EXPENSES 31258 31258 JUNIOR PROGRAM 2236 2236 108235 99620 7795 820 4485 77508 36107 1620 1008 2016 21500 21500 2200 0 855356 881305 11000 11000 910156 973449 3612 31010 3612 31010 X 803165 837110 103379 105329 906544 942439 910156 973449 96472 -60577 0 X 1 X 0 0 0 X 93964 80841 88105 103624 138706 505240 33550 50294 40890 40750 44175 209659 127514 131135 128995 144374 182881 714899 0 0 0 714899 12338 12650 15037 18454 21526 80005 12338 12650 15037 18454 21526 80005 139852 143785 144032 162828 204407 794904 0.89940 0.90240 0.10060 0.09760 X X 0 21500 21500 0 0 VANGAURD INVESTMENTS 881305 C 881305 X 144130 -60577 -60577 204707 0 204707 108235 0 108235 0 108235 PART X, LINE 2: THE FOUNDATION HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. THE FOUNDATION HAS EVALUATED THE TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2015, 2016, AND 2017 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FOUNDATION BEEN CONTACTED BY THIS JURISDICTION. BASED ON THE EVALUATION OF THE FOUNDATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. 1 YOUNG WOMEN IN LEADERSHIP AND STEM 10 10300 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES GIVES PRIOR APPROVALS FOR ALL TRANSACTIONS GREATER THAN $250. ENTIRE TRANSACTION LIST IS REVIEWED BY TREASURER AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS PROVIDES COPIES OF THE GOVERNING DOUCMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTIONS AT THE CLUB. CHICAGO YACHT CLUB 400 EAST MONROE CHICAGO IL 60603 360911690 TO PROVIDE BOATING AND SOCIAL FACILITIES FOR ITS MEMBERS AND THEIR GUESTS IL 501(C)(7) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 CHICAGO YACHT CLUB C 3796 FAIR MARKET VALUE CHICAGO YACHT CLUB P 6000 FAIR MARKET VALUE