2021-10-14T12:00:46-05:00 2020-11-30 941668792 PETRINOVICH PUGH & COMPANY LLP 333 WEST SANTA CLARA ST 800 SAN JOSE CA 951131716 990 2019-12-01 940830750 ST FRANCIS YACHT CLUB STFR 4155636363 ON THE MARINA SAN FRANCISCO CA 94123 ASIF EHSAN CONTROLLER 4155636363 2021-10-14 1 SCOTT WATTERS P01246213 4082877911 2019 2022-09-23 18:48:47Z JOHN MEAGHER ON THE MARINA SAN FRANCISCO CA 94123 11968630 0 X WWW.STFYC.COM X 1927 CA TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 11 11 157 17 693944 95745 66371 28440 10283587 7627300 174509 154159 8258783 3254542 18783250 11064441 0 7500 0 0 10107098 6484294 0 0 0 7756386 5026830 17863484 11518624 919766 -454183 20451518 19662254 5805279 5202535 14646239 14459719 X THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7), WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE SINGLE PURPOSE OF SOCIAL AND RECREATIONAL BENEFITS. 0 0 SOCIAL AND RECREATIONAL PROGRAMS. SEE PART VIII FOR LISTING. 0 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 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 0 0 1 74 0 1 157 1 1 1 0 0 0 1 1 458050 710151 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 CA X ASIF EHSAN 4155636363 700 MARINA BLVD SAN FRANCISCO CA 94123 KEN GLIDEWELL COMMODORE 2.00 X X 0 0 0 WILLIAM DANA VICE COMMODORE 2.00 X X 0 0 0 PETER GILMORE REAR COMMODORE 2.00 X X 0 0 0 PAUL CAYARD CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 CAROLYN PATRICK DIRECTOR 2.00 X 0 0 0 JOHN COLLINS DIRECTOR 2.00 X 0 0 0 STEPHEN GOULD DIRECTOR 2.00 X 0 0 0 NADINE FRANCZYK DIRECTOR 2.00 X 0 0 0 ELIZABETH LITTLE DIRECTOR 2.00 X 0 0 0 GEOFFREY MULLIGAN DIRECTOR 2.00 X 0 0 0 BEAU VROLYK DIRECTOR 2.00 X 0 0 0 CHRIS SIDNER SECRETARY 2.00 X X 0 0 0 BRENDAN GRADLEY ASSISTANT SECRETARY 2.00 X X 0 0 0 LARRY SWIFT TREASURER 2.00 X X 0 0 0 JAMES LUSSIER ASSISTANT TREASURER 2.00 X X 0 0 0 RUPERT HANSEN GENERAL COUNSEL 2.00 X X 0 0 0 JOHN FITZGERALD INTERIM GENERAL COUNSEL 2.00 X X 0 0 0 PAUL KOOJOOLIAN GENERAL MANAGER 40.00 X 280712 0 40332 BLAKE KENNEDY FINANCIAL OFFICIAL 40.00 X 148000 0 25699 AARON JOHNSON EXECUTIVE CHEF 40.00 X 179913 0 31058 NOEL OMILA ASSISTANT GENERAL MANAGER 40.00 X 154594 0 33625 PAM BREWER HR DIRECTOR 40.00 X 130804 0 15621 ROSS SCHIVELEY TINSLEY ISLAND MANAGER 40.00 X 166386 0 29371 GRAHAM BIEHL RACE DIRECTOR 40.00 X 109498 0 23633 1169907 0 199339 10 0 1 0 PRECISION DIGITAL NETWORKS 559 PILGRIM DR A FOSTER CITY CA 94404 IT OUTSOURCING 146989 1 28440 28440 MEMBERSHIP DUES 713990 6673376 6673376 SAILING & DOCKAGE 713990 696021 583858 112163 SPECIAL EVENTS 713990 257863 257863 TINSLEY ISLAND CRUISE ACTIVITIES 713990 40 40 7627300 130631 130631 40345 16817 23528 23528 23528 2770298 887372 1882926 1431776 451150 CAPITAL DUES 713990 664285 664285 INITIATION FEES 713990 458050 458050 EMPLOYEE RETENTION TAX CREDIT 713990 158235 158235 91046 91046 1371616 11064441 10318529 693944 23528 X 7500 494744 4034785 1592656 362109 17999 618852 962739 INCOME TAXES 88280 ADMIN & GENERAL 1263698 RENT 438940 FOOD & BEVERAGE 401723 1234599 11518624 1128185 595521 1834014 1004006 448798 405162 331987 374478 29049956 21287521 8014975 7762435 7785162 8638115 908397 882537 20451518 19662254 2548007 1833454 1009669 924369 2247603 2444712 5805279 5202535 X 13215577 12881832 1430662 1577887 14646239 14459719 20451518 19662254 -454183 267663 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1293673 135684 1429357 1163324 130349 1293673 179797 1000000 -16473 1163324 150000 29797 179797 150000 7753 7753 150000 0 0 173759 173759 20836325 15967889 4868436 4431004 3215141 1215863 3608868 2104491 1504377 7762435 LEASE OBLIGATIONS 2305000 DEFERRED TAX LIABILITY 139712 2444712 X 12201477 267663 887372 1155035 11046442 17999 17999 11064441 12387997 887372 887372 11500625 17999 17999 11518624 PART III, LINE 1A: CLUB HAS NUMEROUS BOAT MODELS, SAILING TROPHIES AND ARTWORK DISPLAYED THROUGHOUT ITS SAN FRANCISCO CLUBHOUSE. PART V, LINE 4: THIS PERMANENT ENDOWMENT FUND IS TO BE HELD INDEFINITELY WITH THE INVESTMENT RETURN TEMPORARILY RESTRICTED TO BE USED FOR A SPECIFIC REGATTA. THE ORIGINAL PRINCIPAL OF THE ENDOWMENT FUND CAN ONLY BE USED UPON SPECIFIC INSTRUCTION OF THE DONOR OR THE DONOR'S AUTHORIZED REPRESENTIVE. PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES THAT POSITIONS TAKEN ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION FOR ALL OPEN TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 887,372. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 887,372. 1 SAN FRANCISCO PARKS ALLIANCE 1074 FOLSOM STREET SAN FRANCISCO CA 94103 237131784 501(C)(3) 2500 TO PROMOTE CIVIC ENGAGEMENT THAT PROTECTS AND SUSTAINS SAN FRANCISCO PARKS. US SAILING ASSOCIATION 1 ROGER WILLIAMS UNIVERISTY DR BRISTOL RI 02809 131671529 501(C)(3) 5000 TO PROMOTE CIVIC ENGAGEMENT THAT PROTECTS AND SUSTAINS SAN FRANCISCO SAILING. X 1 1 X X X 0 0 0 PAUL KOOJOOLIAN GENERAL MANAGER 196712 0 60000 0 24000 0 15400 0 24932 0 321044 0 0 0 BLAKE KENNEDY FINANCIAL OFFICIAL 118028 0 26500 0 3472 0 8247 0 17452 0 173699 0 0 0 AARON JOHNSON EXECUTIVE CHEF 151913 0 28000 0 0 0 10038 0 21020 0 210971 0 0 0 NOEL OMILA ASSISTANT GENERAL MANAGER 126884 0 23000 0 4710 0 8693 0 24932 0 188219 0 0 0 ROSS SCHIVELEY TINSLEY ISLAND MANAGER 125065 0 25000 0 16321 0 9191 0 20180 0 195757 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ST. FRANCIS YACHT 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 THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: REGULAR, HONORARY, AND REGULAR NON RESIDENT MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B AMENDING THE BYLAWS AND INDEBTING THE CLUB WITH AN AMOUNT EXCEEDING ONE YEAR'S NET INCOME (EXCEPT TO IMPROVE OR MAKE ADDITIONS TO THE CLUBHOUSE IN SAN FRANCISCO (INCLUDING FURNISHING, EQUIPMENT AND APPURTENANCES). FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE 990 RETURN AND RESOLVES ANY ISSUES WITH OUTSIDE CPA BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS A CASE BY CASE BASIS IF A CONFLICT OF INTEREST SITUATION ARISES, AND THEN ENFORCES WITH CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 GM/COO COMP IS DETERMINED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS. ALL OTHER COMPENSATION AMOUNTS ARE DETERMINED BY THE GM/COO AND CONTROLLER. 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 PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST AND ARE AVAILABLE FOR INSPECTION AT THE CLUB. THE CLUB'S GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE CLUB'S WEBSITE. FORM 990, PART IX, LINE 24E CLUBHOUSE 271,296. SPECIAL PURPOSE 257,863. UTILITIES 240,990. TINSLEY ISLAND ACTIVITIES 231,513. OTHER 124,574. YACHTING ACTIVITIES 99,423. RETAIL 8,777. TINSLEY ISLAND CRUISE ACTIVITIES 163. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.