2021-09-14T10:24:43-05:00 2020-10-31 010522395 SMITH & ASSOCIATES CPAS 500 US ROUTE 1 STE 102 YARMOUTH ME 040966817 990 2019-11-01 010143485 PORTLAND YACHT CLUB PORT 2077819820 40 OLD POWERHOUSE ROAD FALMOUTH FORESIDE ME 04105 HOWARD COON TREASURER 2077819820 2021-09-08 LORI L ALIBERTI EA P00328190 2078468881 2021-09-08 2019 2022-09-23 18:48:47Z SKIP YALE SAME AS C ABOVE FALMOUTH FORESIDE ME 04105 1197754 false X WWW.PORTLANDYACHTCLUB.COM X 1869 ME THE CLUB PROMOTES MEMBER ENJOYMENT BY PROVIDING EASY ACCESS TO THE WATER FOR A VARIETY OF BOATING INTERESTS AND SAFEGUARDS THE RICH AND PROUD LEGACY OF YACHTING THROUGH STEWARDSHIP, PRESERVATION OF CLUB HISTORY AND EDUCATION OF YOUTH AND ADULTS. 12 12 74 200 94708 772575 751512 451000 409758 0 5282 35603 1228857 1196873 0 0 585327 522692 0 0 574859 475336 1160186 998028 68671 198845 1127139 1345951 17124 37091 1110015 1308860 X THE CLUB PROMOTES MEMBER ENJOYMENT BY PROVIDING EASY ACCESS TO THE WATER FOR A VARIETY OF BOATING INTERESTS AND SAFEGUARDS THE RICH AND PROUD LEGACY OF YACHTING THROUGH STEWARDSHIP, PRESERVATION OF CLUB HISTORY AND EDUCATION OF YOUTH AND ADULTS. false false THE CLUB PROVIDES MEMBER ENJOYMENT IN A VARIETY OF BOATING INTERESTS INCLUDING RACING, CRUISING, AND DAY TRIPS ON LARGE AND SMALL YACHTS. THE CLUB FOSTERS A STRONG, FRIENDLY, INTERNAL COMMUNITY WHERE MEMBERS AT EVERY STAGE OF LIFE CAN SOCIALIZE, PARTAKE IN FORMAL AND INFORMAL EDUCATIONAL OPPORTUNITIES, BUILD SKILLS, AND MAKE FRIENDS WHO ALSO LOVE THE WATER. false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 74 true true true false false false false 49200 94708 false false false X 12 12 false false false false true true true true true false false true true true true false false false false false ME X KELLEY RICH 2077819820 40 OLD POWERHOUSE ROAD FALMOUTH ME 04105 X ANN BLANCHARD MEMBERSHIP O 6.00 X 0 0 0 SARAH CAVEN JUNIOR SAILI 3.00 X 0 0 0 HOWARD COON TREASURER 2.50 X X 0 0 0 DOUG COYLE RACE OFFICER 5.00 X 0 0 0 SCOTT GLEESON SECRETARY 2.50 X X 0 0 0 CHUCK GRAHAM WATERFRONT O 4.00 X 0 0 0 ANTHONY JENSSEN VICE COMMODO 4.00 X X 0 0 0 LISA LALUMIERE FOOD & BEV. 0.50 X 0 0 0 DEAN MARVIN REAR COMMODO 6.00 X X 0 0 0 MAGGIE ROBINSON HOUSE & GRND 1.00 X 0 0 0 MICHELE SMITH ENTERTAINMEN 1.00 X 0 0 0 SKIP YALE COMMODORE 15.00 X X 0 0 0 KELLEY RICH CLUB MANAGER 40.00 X 0 0 0 false false false 751512 751512 RESTAURANT & BAR 713990 210785 210785 RACES, EVENTS & JR. PROGRAMS 713990 94176 94176 RACES, EVENTS & JR. PROGRAMS 713990 92550 92550 LOCKER & OTHER MEMBER FEES 713990 9605 9605 VARIOUS CLUB FEES 713990 2110 2110 532 532 409758 3160 881 2279 2279 GAIN ON INSURANCE PROCEEDS 900099 33324 33324 33324 1196873 317329 94708 33324 69931 378014 2640 22906 49201 3443 6235 42003 3136 164879 2378 143920 22 96396 7225 MISCELLANEOUS 3977 BOARD EXPENSES 1319 EXCISE/USE TAX 403 998028 0 0 0 76419 313203 629 629 45938 65669 14767 16361 23482 24490 2648844 1723245 965904 925599 1127139 1345951 11355 23868 5769 13223 17124 37091 X 1109765 1308610 250 250 1110015 1308860 1127139 1345951 198845 X true X false true false 163120 163120 1074999 563471 511528 1410725 1159774 250951 925599 DEPOSITS 8200 EQUIPMENT FINANCING 5023 13223 1197754 1197754 -881 -881 1196873 998909 881 881 998028 998028 SCHEDULE D, PAGE 4, PART XI, LINE 4B COGS -881 SCHEDULE D, PAGE 4, PART XII, LINE 2D COGS 881 FORM 990 - ORGANIZATION'S MISSION THE CLUB PROMOTES MEMBER ENJOYMENT BY PROVIDING EASY ACCESS TO THE WATER FOR A VARIETY OF BOATING INTERESTS AND SAFEGUARDS THE RICH AND PROUD LEGACY OF YACHTING THROUGH STEWARDSHIP, PRESERVATION OF CLUB HISTORY AND EDUCATION OF YOUTH AND ADULTS. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION IS A MEMBER CLUB, WHEREBY ONCE A MEMBER IS ADMITTED HE/SHE IS ENTITLED TO THE CLUB BENEFITS AS PROVIDED FOR BY THE VARIOUS MEMBERSHIP LEVELS. FORM 990, PAGE 6, PART VI, LINE 7A THERE ARE APPROXIMATELY 300 MEMBERS WHO VOTE IN A SLATE OF OFFICERS ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 7B ANY CHANGE IN DUES OR ASSESSMENTS IS SUBJECT TO A VOTE OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE TREASURER AND THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ALL OFFICERS SIGN ANNUALLY THAT THEY UNDERSTAND AND COMPLY WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 19 THE CLUB MAKES THESE DOCUMENTS AVAILABLE UPON WRITTEN OR VERBAL REQUEST AS REQUIRED BY LAW.