2021-09-07T17:19:35-05:00 2020-10-31 953132551 JGD & ASSOCIATES LLP 9191 TOWNE CENTRE DRIVE 340 SAN DIEGO CA 921221274 990 2019-11-01 951186000 SAN DIEGO YACHT CLUB SAND 6192218400 1011 ANCHORAGE LANE SAN DIEGO CA 921063005 MICHAEL A MORTON JR COMMODORE 8883144520 2021-09-02 DANIEL P SCHREIBER P00089202 8585871000 2021-09-01 2019 2022-09-23 18:48:47Z MICHAEL A MORTON JR 1011 ANCHORAGE LANE SAN DIEGO CA 92106 11406915 0 X WWW.SDYC.ORG X 1886 CA PROVIDE YACHTING FACILITIES AND OTHER AMENITIES TO MEMBERS 9 9 214 210 115298 96022 2713401 2721517 5664635 5040297 105984 97022 455921 -109862 8939941 7748974 0 0 0 0 3027228 2538740 0 0 0 5346605 4811734 8373833 7350474 566108 398500 20078286 19510329 4929825 3939394 15148461 15570935 TO ENCOURAGE AND FOSTER INTEREST IN ALL ASPECTS OF YACHTING. 0 0 OPERATION OF RECREATIONAL AND DINING FACILITIES FOR 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 0 0 1 0 0 0 0 0 0 0 0 0 0 1 54 0 1 214 1 1 1 0 0 0 0 330680 18276 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 0 0 CA X CLUB CONTROLLER 6197586307 1011 ANCHORAGE LANE SAN DIEGO CA 92106 X BRIAN D THOMAS COMMODORE 2.00 X X 0 0 0 MICHAEL A MORTON JR VICE COMMODORE 2.00 X X 0 0 0 JEFFREY N TADDER REAR COMMODORE 2.00 X X 0 0 0 JACK R LEER DIRECTOR 2.00 X 0 0 0 ALBERT C PLESKUS DIRECTOR 2.00 X 0 0 0 STEVE J MALOWNEY DIRECTOR 2.00 X 0 0 0 ALLISON C BELL DIRECTOR 2.00 X 0 0 0 WILLIAM S BUDD DIRECTOR 2.00 X 0 0 0 JERELYN W BIEHL JUNIOR STAFF COMMODORE 2.00 X X 0 0 0 TERRENCE ANGLIN GENERAL MANAGER 40.00 X 216041 0 12633 JEFFREY H JOHNSON WATERFRONT DIRECTOR 40.00 X 111879 0 18342 327920 0 30975 2 0 1 0 0 2721517 2721517 SLIPS AND LOCKERS 713990 4259862 4241586 18276 INITIATION FEES 713990 330680 330680 JUNIOR PROGRAM FEES 713990 252151 252151 OTHER PROGRAMS 713990 85199 85199 SHARED USE AGREEMENT 713990 75000 75000 37405 37405 5040297 97022 97022 2537084 3657941 -1120857 -1120857 OTHER REVENUE 713990 1010995 1010995 1010995 7748974 4912159 115298 0 327920 1808786 212991 189043 17178 37325 4506 75486 1138163 6181 30121 1370965 274563 UTILITIES 488054 PROPERTY TAX 363617 REPAIRS AND MAINTENANCE 343274 FACILITIES MAINTENANCE 169796 492505 7350474 2138746 1846072 4310761 4003463 1157109 1003916 203642 180221 71366 114145 33667247 21304735 12196662 12362512 20078286 19510329 1457909 1348062 2339991 2281768 544874 0 587051 309564 4929825 3939394 X 14790164 15154030 358297 416905 15148461 15570935 20078286 19510329 X 398500 13339 5000 5635 X X 0 1 X 1 0 22649829 10549532 12100297 8344074 8148796 195278 2673344 2606407 66937 12362512 NOTES PAYABLE - CURRENT 309564 309564 X 11430889 13339 5000 3663576 3681915 7748974 0 7748974 11008415 3657941 3657941 7350474 0 7350474 PART X, LINE 2: ASC 740-10, ACCOUNTING FOR INCOME TAXES, PRESCRIBES 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. AS A RESULT OF THE ADOPTION, THE CLUB DID NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS, PENALTIES OR INTEREST. ADDITIONALLY, THE CLUB HAS NOT RECORDED ANY LIABILITY FOR UNCERTAIN TAX POSITIONS AND DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF OCTOBER 31, 2020. DURING THE YEAR ENDED OCTOBER 31, 2020, THE CLUB DID NOT RECOGNIZE ANY PENALTIES OR INTEREST RELATED TO INCOME TAXES. AS OF OCTOBER 31, 2020, THE FEDERAL INCOME TAX RETURNS OPEN TO EXAMINATION ARE 2016, 2017 AND 2018 AND THE CALIFORNIA INCOME TAX RETURNS OPEN TO EXAMINATION ARE 2015, 2016, 2017 AND 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON NOTE PAYABLE INTEREST RATE SWAP AGREEMENT 5,635. COST OF GOODS SOLD - SEE PAGE 9 PART VIII LINE 10B 3,657,941. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - SEE PAGE 9 PART VIII LINE 10B 3,657,941. X 0 0 0 TERRENCE ANGLIN GENERAL MANAGER 186941 0 29100 0 0 0 0 0 12633 0 228674 0 0 0 CHARLES EATON MEMBER 2600 SERVICES 0 ERIK ROGERS MEMBER 1900 SERVICES 0 GISELLE NYENHUIS MEMBER 4100 SERVICES 0 JONATHAN BARNES MEMBER 820 SERVICES 0 MICHAEL SHANNON MEMBER 800 SERVICES 0 NEVIN SNOW MEMBER 1000 SERVICES 0 PAUL HARTLEY MEMBER 850 SERVICES 0 RAY TEPPA MEMBER 600 SERVICES 0 STERLING HENKEN MEMBER 1200 SERVICES 0 STEVE HUNT MEMBER 1000 SERVICES 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS APPROXIMATELY 2,150 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY OF THE ORGANIZATION IS ELECTED ANNUALLY BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO MAJORITY APPROVAL BY ITS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER PRESENTS AND DISCUSSES A DRAFT COPY OF THE FORM 990 AT A REGULARLY SCHEDULED EXECUTIVE COMMITTEE MEETING. AFTER THOROUGH DISCUSSION OF THE CONTENT, THE TREASURER PREPARES APPROPRIATE REVISIONS AND THE FINAL DRAFT IS APPROVED BY A MAJORITY VOTE OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL (GENERAL MANAGER) INCLUDED A REVIEW AND APPROVAL BY THE BOARD, ALL OF WHOM WERE INDEPENDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CLUB RULES AND TAX RETURNS AVAILABLE TO THE PUBLIC AND MEMBERSHIP UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON NOTE PAYABLE INTEREST RATE SWAP AGREEMENT 5,635. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. DURING THE CURRENT FISCAL YEAR, THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS.