2021-11-12T17:56:03-06:00 2020-12-31 941541507 BIANCHIKASAVAN & POPE LLP 450 LINCOLN AVENUE SUITE 200 SALINAS CA 93901 990 2020-01-01 941641059 THE MONTEREY PENINSULA YACHT CLUB INC MONT 8313729686 MUNICIPAL WHARF 2 MONTEREY CA 93940 MARIAN DEERING TREASURER 8313729686 2021-11-12 1 MARIAN DEERING 999009999 AVIV KADOSH P00727367 8317575311 2021-11-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARIAN DEERING MUNICIPAL WHARF 2 MONTEREY CA 93940 496663 0 X MPYC.ORG X 1953 CA PROMOTE RESPONSIBLE ACTIVITIES FOR YOUTH AND ENCOURAGE COMMUNITY INVOLVEMENT. 7 7 17 32 6224 0 307059 282372 125807 43687 162 108 449662 152266 882690 478433 0 0 3543 0 309644 160173 0 0 0 501600 383640 814787 543813 67903 -65380 635822 576331 137291 88693 498531 487638 PROMOTE RESPONSIBLE ACTIVITIES FOR YOUTH AND ENCOURAGE COMMUNITY INVOLVEMENT. 0 0 500307 RACING PROGRAM DESIGNED TO PROMOTE RESPONSIBILITY. SUMMER SAILING CLUB EVENTS TO ENCOURAGE YOUTH PARTICIPATION. 500307 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 1 3 0 1 17 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MARIAN DEERING 8313729686 MUNICIPAL WHARF 2 MONTEREY CA 93940 X JEAN DU PREEZ PRESIDENT/COMMODORE 10.00 X X 0 0 0 SCOTT BRUBAKER VICE PRESIDENT/VICE COMMODORE 5.00 X X 0 0 0 MIKE POLKABLA STAFF COMMODORE 5.00 X X 0 0 0 JEFF KISE REAR COMMODORE 5.00 X X 0 0 0 MARIAN DEERING TREASURER 5.00 X X 0 0 0 JACKIE HAMILTON RECORDING SECRETARY 5.00 X X 0 0 0 TODD MUCK CORRESPONDING SECRETARY 5.00 X X 0 0 0 0 0 0 0 0 0 0 0 280952 1420 282372 SPECIAL EVENTS 900099 16358 16358 RACING EVENTS 900099 12255 12255 JUNIOR PROGRAM 900099 9914 9914 SUMMER SAILING PROGRAM 900099 5160 5160 43687 108 108 28337 18230 10107 10107 10107 124 0 124 124 FOOD AND BEVERAGE 900099 142035 135811 6224 142035 478433 179498 6224 10339 X 149721 10452 39898 285 28961 8151 44530 37849 BAR - LIQUOR, WINE, BEE 47174 GALLEY - FOOD 39580 UTILITIES 18074 COGS-MERCHANDISE 14475 104663 543813 8159 1328 121247 121219 3577 28958 9224 6299 0 907940 468772 463533 439168 7626 0 0 1815 635822 576331 15550 -260 5515 121741 94560 0 -11122 137291 88693 X 50128 50128 0 0 448403 437510 498531 487638 635822 576331 -65380 54488 0 X 1 X 0 0 0 182346 147175 35171 536841 173051 363790 33650 27750 5900 155103 120796 34307 439168 PAYROLL LIABILITIES 738 SALES TAX PAYABLE 1724 GRATUITY CLEARING ACCOUNT -18966 OTHER LIABILITIES 5382 -11122 X PART X, LINE 2: THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN AMATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL POSITION,RESULTS OF ACTIVITIES, OR CASHFLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2020 AND 2019. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUAL MEMBERS FORM 990, PART VI, SECTION A, LINE 7A RECOMEND AND REVIEW DIRECTOR ACTIONS THROUGH OPEN MEETINGS, MEMBER BALLOT, AND ELECTIONS. FORM 990, PART VI, SECTION A, LINE 7B REVIEW AND APPROVAL VIA MEMBER BALLOT AND ELECTION. FORM 990, PART VI, SECTION B, LINE 11B COMPLETED RETURNS AND SUPPORTING DOCUMENTS ARE SUBMITTED TO MANAGEMENT AND GOVERNING BOARD FOR REVIEW AND APPROVAL PRIOR TO RETURNS BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL GOVERNING MEMBERS ARE REQUIERED TO REVIEW FOR POTENTIAL CONFLICTS PRIOR TO BOARD ACTION. MEMBERS ARE NOTICED IN ADVANCE OF MEETINGS OF ACTION ITEMS TO BE PLACED ON AGENDA. MEMBERS SIGN AN ANNUAL COMMITMENT TO ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 GOVERNING MEMBERS ANNUALLY REVIEW KEY OFFICERS AND EMPLOYEES' COMPENSATION IN CONSULTATION WITH COMPARABLE ORGANIZATIONS, REVIEW OF WRITTEN COMPARABLE DATA, AND IN CONSULTATION WITH HUMAN RESOURCES CONSULTANTS. FORM 990, PART VI, SECTION C, LINE 19 SEE SCHEDULE O FORM 990, PART VI, LINE 1A COMMITTES ARE FORMED AT THE DIRECTION OF THE PRESIDENT FOR SPECIFIC PURPOSES AS NEEDED. STANDING COMMITTEES ARE THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. FORM 990,PART VI, LINE 15A GOVERNING MEMBERS ANNUALLY REVIEW KEY OFFICERS AND EMPLOYEES' COMPENSATION IN CONSULTATION WITH COMPARABLE ORGANIZATIONS, REVIEW OF WRITTEN COMPARABLE DATA, AND IN CONSULTATION WITH HUMAN RESOURCES CONSULTANTS. FORM 990, PART VI, LINE 18 COPIES OF RETURNS ARE AVAILABLE AT GUIDESTAR.COM FORM 990, PART VI, LINE 19 DISCLOSURE MAY BE GRANTED UPON RECEIPT OF WRITTEN REQUEST, SUBJECT TO REVIEW AND APPROVAL OF THE GOVERNING MEMBERS AND IN ACCORDANCE WITH ALL APPLICABLE STATUTES. FORM 990, PART VI, LINE 1A ALL MEMBERS OF GOVERNING BODY RETAIN AND EXERCISE RIGHTS EQUAL TO ONE ANOTHER. FORM 990, PART IX, LINE 24E VESSEL EXPENSES 13,202. REPAIRS AND MAINTNANCE 11,774. SUPPLIES 10,050. MERCHANT SERVICE FEES 8,787. RENTAL EXPENSES 7,764. ROWING EQUIPMENT 6,588. JANITORIAL SERVICES 6,570. RACING EXPENSES 6,436. QSEHRA 4,725. CLUB EVENTS 3,774. PROPERTY TAXES 3,695. JUNIOR PROGRAM ACTIVITIES 3,037. LICENCE AND PERMITS 2,864. OTHER EMPLOYEE BENEFITS 2,840. PRINTING AND PUBLICATION 2,032. FOOD BEVERAGE AND PARTY COSTS 1,899. AWARDS & TROPHIES 1,516. MISCELLANEOUS EXPENSES 1,390. BANK SERVICE CHARGES 950. PRIVATE PARTY - LABOR 812. PAYROLL SERVICE FEES 776. OFFICE EXPENSES 735. DUES AND SUBSCRIPTIONS 605. GALLEY - OUTSIDE SERVICES 580. LOAN FEES 529. POSTAGE AND DELIVERY 523. BAD DEBTS 210.