2021-10-28T10:40:26-04:00 2020-12-31 Ann Diggs CPA PO Box 2336 Wilmington NC 28402 990 2020-01-01 562229687 BALD HEAD ISLAND YACHT CLUB BALD PO BOX 3029 BALD HEAD ISLAND NC 28461 Alan H Norton Vice-Commodore 3369088686 2021-10-27 false Alan Norton XXX-XX-XXXX Ann Diggs Herman P00419855 9104094962 2021-10-28 X 0 00 AAL1 IAL1 2020 2022-09-23 18:48:47Z 514924 false X X 2001 NC Social and recreational - to encourage the sport of boating, to promote the science of seamanship and navigation, and to provide and maintain a suitable ancorage for the pleasure and recreation of its Members and their guests. 7 7 0 944 0 0 490761 496340 3558 3044 -8357 -2100 485962 497284 0 0 0 0 0 363317 319674 363317 319674 122645 177610 2046054 2220287 279852 276475 1766202 1943812 Social and recreational - to encourage the sport of boating, to promote the science of seamanship and navigation, and to provide and maintain a suitable ancorage for the pleasure and recreation of its Members and their guests. false false Regular Board meetings and the Annual Membership Meeting were conducted via telephone, during which various Club business items were discussed. Financial performance reviews were conducted telephonically with the Board, and tbe 2021 Budget was formulated and approved. Bath House renovations scheduled for 2020 were put on hold due to COVID-19 restrictions. Socials planned for 2020 were all cancelled due to COVID-19 restrictions. Memberships at the end of 2020 totaled 184. Memberships with a vote totaled 179. 27 memberships were sold and transferred to new members in 2020. Elections were held to replace three Board members, and various club activities and other issues were discussed. Accounts have been funded adequately to maintain necessary cash flows required for daily operations and future major renovations. false false false false false false false false true false false true 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 X 1 0 0 true false false false false false 0 15082 false false false X 7 7 true true false false true true true true true false false false false false true false false false NC X Ann Diggs Herman 9104094962 107 Chestnut St Wilmington NC 28401 X SCOTT INGERSOLL DIRECTOR 1.00 0.00 X 0 0 0 VANCE JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 JOHN MUNROE DIRECTOR 1.00 0.00 X 0 0 0 ALAN H NORTON DIRECTOR 1.00 0.00 X 0 0 0 STEVE HENSON COMMODORE 1.00 0.00 X 0 0 0 KRISTEN C HENSON SECTREASURER 1.00 0.00 X 0 0 0 DARRYL EARLY VICE-COMMODORE 1.00 0.00 X 0 0 0 0 0 0 0 false false false Membership Dues 713990 496340 496340 ResignForfeit Mbrships 713990 Membership Sales Rev 713990 496340 3044 3044 15082 17325 -2243 -2243 -2243 458 315 143 143 497284 496340 944 0 27176 3188 7294 27913 19465 OTHER-STATEMENT ATTACHED 234638 234638 319674 0 0 0 73264 54919 1186071 1410698 3034 61 5113 4798 603332 104721 527372 498611 251200 251200 2046054 2220287 21382 31013 89064 87156 169215 158293 191 13 279852 276475 X 1766202 1943812 1766202 1943812 2046054 2220287 177610 0 X false false false 40295 40295 222280 30634 191646 1387 324 1063 339370 73763 265607 498611 ResignedForfeited Memberships 251200 251200 APPLICATION FEES PAID Sales Tax Payable 13 13 Unrelated business income explanation Part V line 3b The IRS approved our Form 8868 requesting an automatic extension to file our December 31, 2020 Form 990-T to November 15, 2021. Our Form 990-T is being prepared and will be filed prior to the granted November 15, 2021 extension date. Officer directors etc family relationship Part VI line 2 The Commodore, Steve T. Henson, is married to the Secretary/Treasurer, Kristin M. Henson. Management duties delegation Part VI line 3 Management of day to day operations of the organization are performed under a management agreement with Bald Head Island, Ltd. Members or stockholder classes and rights Part VI line 6 Bald Head Island Yacht Club is a nonprofit corporation with members. Member election for additional members Part VI line 7a The Yacht Clubs members select one or more members of the governing body. Governing body decisions Part VI line 7b The members approve assessments not related to regular maintenance, and changes to Bylaws. Form 990 governing body review Part VI line 11 Form 990 is reviewed by the manager of the Bald Head Island Marina, and by the Officer signing the return. Governing documents etc available to public Part VI line 19 Governing documents and financials are provided to applicants for membership, and mailed or given to members at least annually. Financials are reviewed by the Board at least three times annually.