2021-11-12T13:26:34-06:00 2020-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2020-01-01 590603864 CORAL RIDGE YACHT CLUB CORA 9545661514 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 PRU LEWIS COMMODORE 9545661514 2021-10-21 1 PRU LEWIS 999009999 CHRISTOPHER CECIL P01877773 5616971785 2021-10-21 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CAROLYN GREENLAW 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 2923479 0 X CORALRIDGEYACHTCLUB.COM X 1978 FL TO BIND THE CLUB'S MEMBERS TOGETHER UNDER A COMMON PURPOSE DIRECTED AT PLEASURE AND RECREATION. 13 13 71 40 157872 0 0 25341 1840268 1911189 304 120 931891 581299 2772463 2517949 0 0 0 0 1456597 1303544 0 0 0 1586633 1419362 3043230 2722906 -270767 -204957 2985382 3376994 1178592 1300409 1806790 2076585 TO BIND THE CLUB'S MEMBERS TOGETHER UNDER A COMMON PURPOSE DIRECTED AT PLEASURE AND RECREATION. 0 0 THE CLUB PROVIDES FOOD, BEVERAGE, ENTERTAINMENT, AND DOCKAGE FOR YACHT CLUB MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 71 1 1 1 0 0 0 1 1 0 282024 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ELIZABETH LEBRECHT CONTROLLER 9545661514 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 PRU LEWIS COMMODORE 15.00 X X 0 0 0 RICHARD SCHEFF VICE COMMODORE 10.00 X X 0 0 0 CHIP STARKEY REAR COMMODORE 10.00 X X 0 0 0 CAROLYN GREENLAW IMMEDIATE PAST COMMODORE 5.00 X X 0 0 0 MAYNARD HELLMAN SECRETARY 10.00 X X 0 0 0 BOB EPSTEIN TREASURER 15.00 X X 0 0 0 ROZ ALFORD GOVERNOR 5.00 X 0 0 0 BOB GASS GOVERNOR 5.00 X 0 0 0 WAYNE MCALLISTER GOVERNOR 5.00 X 0 0 0 JIM MCKEE GOVERNOR 5.00 X 0 0 0 BRENT NELSON GOVERNOR 5.00 X 0 0 0 LEIGH ORLOV GOVERNOR 5.00 X 0 0 0 T FRED ROCHE GOVERNOR 5.00 X 0 0 0 MARK TYSON GENERAL MANAGER 40.00 X 155769 0 0 RICHARD GOLDBERG HEAD CHEF 40.00 X 105546 0 0 261315 0 0 2 0 1 0 0 25341 25341 MEMBERSHIP DUES & ASSE 713910 1193512 1193512 DOCKS 713910 717677 717677 1911189 120 120 916238 405530 510708 352956 157752 OTHER INCOME 713910 70591 70591 70591 2517949 2334736 157872 0 1146166 157378 27185 154979 110170 GENERAL & ADMINISTRATIV 421947 REPAIRS & MAINTENANCE 308389 CLUB ACTIVITIES 139196 PROPERTY TAXES 130600 126896 2722906 283590 282752 370742 326784 129834 125070 69051 61865 7103482 4560787 2095933 2542695 36232 37828 2985382 3376994 517501 357526 497732 417666 75126 22262 505996 65971 19221 1178592 1300409 X 1806790 2076585 1806790 2076585 2985382 3376994 X -204957 101646 373106 X X 0 1 X 1 0 126984 126984 2672120 2618810 53310 1572220 664589 907631 2732158 1277388 1454770 2542695 CAPITAL LEASE OBLIGATIONS 19221 19221 X 2923479 405530 405530 2517949 0 2517949 3128436 405530 405530 2722906 0 2722906 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 405,530. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 405,530. X X 0 0 0 MARK TYSON GENERAL MANAGER 155769 0 0 0 0 0 0 0 0 0 155769 0 0 0 BETH KRUMME FORMER GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 50000 0 0 1 1 JOHN KEEFE FORMER BOARD MEMBER MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 50000 0 0 1 1 PAUL BERMAN FORMER GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 60000 0 0 1 1 PRISCILLA LEWIS GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 30000 0 0 1 1 JOSEPH VERDERBER GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 35000 0 0 1 1 DENNIS LINCOLN FORMER GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 25000 0 0 1 1 ED MURPHY FORMER GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 25000 0 0 1 1 WILLIAM BENTON FORMER GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 20000 0 0 1 1 ROBERT EPSTEIN GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 20000 0 0 1 1 RICHARD SCHEFF REAR COMMODORE MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 14000 0 0 1 1 CAROLYN GREENLAW COMMODORE MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 15000 0 0 1 1 MARVER GLENN GOVERNOR MEMBERS LOAN TO CLUB TO RAISE CAPITAL X 14500 0 0 1 1 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ONLY FULL MEMBERS HAVE VOTING RIGHTS AND THE ABILITY TO RUN FOR ANY OFFICE OR SERVE ON ANY COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTS ARE SUBJECT TO MEMBERSHIP APPROVAL: INDEBTEDNESS OF THE CLUB GREATER THAN $300,000, ANNUAL ASSESSMENT GREATER THAN $150,000, THE SALE OR TRANSFER OF ANY REAL ESTATE, AIR RIGHTS, AND/OR WATER RIGHTS OWNED OR TITLED TO THE CLUB, AND ANY CHANGES TO THE CLUB'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE TAX RETURN ARE HANDED OUT TO THE ENTIRE BOARD. HOWEVER, THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER AND COMMODORE. THE TREASURER AND COMMODORE REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS ALL CONFLICT OF INTEREST POLICIES AND DISCLOSURES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER PERFORMANCE IS REVIEWED ANNUALLY DURING THE EXECUTIVE SESSION OF THE BOARD OF GOVERNORS. AT THE CONCLUSION OF THIS REVIEW, THIS IS DISCUSSED WITH THE GENERAL MANAGER AND DOCUMENTED. ANNUAL COMPENSATION IS ALSO REVIEWED AND BUDGETED FOR ALL ON AN ANNUAL BASIS AS PART OF ANNUAL PERFORMANCE REVIEWS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST, ON THE CLUB'S WEBSITE, AND FOR INSPECTION AT THE CLUB. THE CLUB'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE CLUB'S WEBSITE AND FOR INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: NONRECURRING CAPITAL CONTRIBUTIONS 131,082. MEMBERSHIP MARKETING -157,639. CAPITAL IMPROVEMENT ASSESSMENT 144,784. BOND REPAYMENT ASSESSMENT 80,332. WINDSTORM RESERVE ALLOCATED FROM MEMBERSHIP DUES 46,106. CAPITAL PROJECT ASSESSMENT 128,441. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.