2021-11-12T17:11:21-06:00 2020-12-31 742920819 ATCHLEY & ASSOCIATES LLP 1005 LA POSADA DRIVE AUSTIN TX 78752 990 2020-01-01 746056547 AUSTIN YACHT CLUB AUST 5122661336 5906 BEACON DRIVE AUSTIN TX 78734 FELIPE PAYET TREASURER 5129247740 2021-11-12 1 FELIPE PAYET XXX-XX-XXXX NICOLE OELTJEN P01590953 5123462086 2021-11-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z FELIPE PAYET 5906 BEACON DRIVE AUSTIN TX 78734 899117 0 X AUSTINYACHTCLUB.ORG X 1955 TX PROMOTING THE SPORT OF SAILING ON LAKE TRAVIS THROUGH REGATTAS, RACES, AND SAIL TRAINING PROGRAMS FOR ALL AGES. 9 9 6 200 25717 722 5000 6419 963789 880299 1326 -2458 -24020 -8442 946095 875818 1100 0 0 0 194012 232852 0 0 0 744460 619387 939572 852239 6523 23579 2192172 2236591 42191 63031 2149981 2173560 PROMOTING THE SPORT OF SAILING ON LAKE TRAVIS THROUGH REGATTAS, RACES, AND SAIL TRAINING PROGRAMS FOR ALL AGES. 0 0 PROMOTION OF RECREATIONAL, SOCIAL, SAILING AND OTHER WATER SPORTS ACTIVITIES ON THE LAKES OF TEXAS 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 6 1 1 1 0 0 0 1 1 19500 3208 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 X JACKIE WHEELESS 5122661336 5906 BEACON DR AUSTIN TX 78734 X ANNIE LANCASTER IMMEDIATE PAST COMMODORE 10.00 X X 0 0 0 FELIPE PAYET TREASURER 10.00 X X 0 0 0 DANE OHE COMMODORE 10.00 X X 0 0 0 ANNE MORLEY SAIL TRAINING COMMANDER 10.00 X X 0 0 0 JOHN PARKER RACE COMMANDER 10.00 X X 0 0 0 JOHN MADDALOZZO BUILDINGS & GROUNDS COMMAN 10.00 X X 0 0 0 GRETCHEN DOUGLAS SECRETARY 10.00 X X 0 0 0 DIANE COVERT VICE COMMODORE 10.00 X X 0 0 0 RUSS SHERMER HARBOR COMMANDER 10.00 X X 0 0 0 0 0 0 0 0 0 0 LAKESIDE MARINE SERIVCES INC 5409 PHILLIPS CIRCLE AUSTIN TX 78734 DOCK REPAIR AND CONSTRUCTION 173440 1 6419 6419 MEMBERSHIP DUES 713990 400772 400772 DOCK RENTALS 713990 396825 396825 CAMP AND CLINIC INCOME 900099 53104 30494 22610 INITIATION FEES 713990 19500 19500 EVENT REVENUE 713990 5126 4468 658 4972 4245 727 880299 913 913 9697 7276 2421 2421 1620 801 3371 -3371 -3371 -3371 1789 12652 -10863 -10871 8 875818 843682 25717 0 213072 19780 1500 38073 10911 48157 141332 126819 REPAIRS & MAINTENANCE 112481 SUPPLIERS 32882 BANK CHARGES 20398 CAMP & CLINIC EXPENSE 20034 66800 852239 611641 659817 35127 35132 47206 46880 6128 5263 37041 39735 3428101 1978337 1455029 1449764 2192172 2236591 42191 63031 42191 63031 X 2149981 2173560 2149981 2173560 2192172 2236591 23579 0 X X 0 1 X 1 0 95244 95244 1283953 934165 349788 2048904 1044172 1004732 1449764 X 895746 0 895746 -19928 -19928 875818 872167 19928 19928 852239 0 852239 PART X, LINE 2: THE CLUB HAS ADOPTED FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBED A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2017, AND AFTER ARE OPEN TO EXAMINATION BY FEDERAL AND LOCAL AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: CABIN RENTAL EXPENSES -7,276. COST OF GOODS SOLD -12,652. PART XII, LINE 2D - OTHER ADJUSTMENTS: CABIN RENTAL EXPENSES 7,276. COST OF GOODS SOLD 12,652. FORM 990, PART VI, SECTION A, LINE 6 AUSTIN YACHT CLUB IS A MEMBERSHIP ORGANIZATION. THE FIVE CLASSES OF MEMBERSHIP ARE LIFE (VOTING), SENIOR (VOTING), ASSOCIATE (NON-VOTING), STUDENT (NON-VOTING) AND HONORARY (NON-VOTING). FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS THE POLICY MAKING BODY OF THE AUSTIN YACHT CLUB. THE BOARD IS ELECTED ANNUALLY DURING THE GENERAL MEMBERSHIP MEETING AT THE END OF THE YEAR. FORM 990, PART VI, SECTION A, LINE 7B ANY DECISIONS OF THE GOVERNING BODY THAT CHANGE THE ORGANIZATION'S BY-LAWS REQUIRES A QUORUM VOTE OF THE MEMBERSHIP TO BE APPROVED. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, THE TREASURER, AND A MEMBER OF THE FINANCIAL COMMITTEE REVIEW THE 990. THE TREASURER THEN PRESENTS IT TO THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COMMODORE IS RESPONSIBLE FOR ADDRESSING ANY EMPLOYEE CONFLICT OF INTEREST VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15B THE COMMODORE IS RESPONSIBLE FOR DETERMINING SALARIES FOR ALL EMPLOYEES, IN CONSULTATION WITH THE VICE COMMODORE AND IMMEDIATE PAST COMMODORE. FORM 990, PART VI, SECTION C, LINE 19 AUSTIN YACHT CLUB MEMBER HANDBOOK AND BY-LAWS ARE AVAILABLE ON THE CLUB'S WEBSITE. COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MAINTAINED IN THE OFFICE AND ARE AVAILABLE UPON REQUEST OF THE GENERAL MANAGER OF THE ORGANIZATION. PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE THE OVERSIGHT OF THE REVIEW FROM PRIOR YEAR.