2021-11-15T06:38:31-06:00 2020-12-31 341664586 PAYNE NICKLES & COMPANY 257 BENEDICT AVENUE BLDG D NORWALK OH 44857 990 2020-01-01 344346633 SANDUSKY YACHT CLUB INC SAND 4196256567 529 E WATER STREET SANDUSKY OH 44870 MIKE CLAAR TREASURER 4196256567 2021-11-11 true MIKE CLAAR 999009999 DAVID W BRINK CPA P00041999 4196682552 2021-11-15 2020 2022-09-23 18:48:47Z JAMES PRESTON 529 E WATER ST SANDUSKY OH 44870 2950874 false X SANDUSKYYACHTCLUB.COM X 1894 OH OPERATION OF YACHT CLUB FOR MEMBERS 9 9 75 98 36924 10273 1500 1407812 1852225 38 64 632078 743639 2050201 2597428 0 0 1073311 1060098 0 0 1039832 983262 2113143 2043360 -62942 554068 2826021 3332317 3772307 3724535 -946286 -392218 OPERATION OF YACHT CLUB FOR MEMBERS false false TO ADVANCE, PROMOTE, SHARE AND IMPROVE KNOWLEDGE RELATED TO YACHTING, SEAMANSHIP, NAVIGATION AND RACING. OPERATION OF CLUBHOUSE, RESTAURANT, MARINA, SHIP'S STORE, AND POOL FOR MEMBERS. PUBLICATION OF MONTHLY NEWSLETTER "THE WATCH" false 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 true false false false false false false false false false false false false true 12 0 75 true true true false false false false 69418 62289 false false false X 9 9 false false false false true true true true true false false false true true true false true true true false X MIKE CLAAR 4196256567 529 E WATER ST SANDUSKY OH 44870 DAVID DUNN GENERAL MANA 60.00 X 122771 0 17393 MIKE CLAAR TREASURER 1.00 X X 0 0 1000 PETER MCGORY LEGAL OFFICE 1.00 X X 0 0 1000 ANDY SAUSSER SECRETARY 1.00 X X 0 0 1000 BRIAN ALLEN TRUSTEE 1.00 X 0 0 0 RIC BABCOCK FLEET CHAPLA 1.00 X X 0 0 0 MARK DAHLMANN TRUSTEE 1.00 X 0 0 0 CONNIE FRISCH TRUSTEE 1.00 X 0 0 0 BRENT GARDNER TRUSTEE 1.00 X 0 0 0 DOUG JACKSON TRUSTEE 1.00 X 0 0 0 DRU MEREDITH REAR COMMODO 1.00 X X 0 0 0 JAMES PRESTON COMMODORE 1.00 X X 0 0 0 JAMES PRIEBE TRUSTEE 1.00 X 0 0 0 BOB RANSOM FLEET CAPTAI 1.00 X X 0 0 0 KATHY RUNNER TRUSTEE 1.00 X 0 0 0 JOHN SPECK TRUSTEE 1.00 X 0 0 0 GRANT WALLS TRUSTEE 1.00 X 0 0 0 WILLIAM ZUCKER VICE COMMODO 1.00 X X 0 0 0 122771 20393 1 false false false 1500 1500 MEMBERSHIP DUES 713990 856234 856234 PERMANENT DOCKS 713990 570848 570848 CAPITAL DUES GIFTS 713990 260700 260700 INITIATION FEES 713990 69418 69418 BOAT CLEANING INCOME 713990 30790 30790 64235 64235 1852225 64 64 2740 2740 840940 353446 487494 450570 36924 EMPLOYEE RETENTION CREDIT 900099 205814 205814 WORKERS' COMP 900099 21627 21627 CARES MEDICAL PREMIUM CREDIT 900099 16493 16493 9471 9471 253405 2597428 2556264 36924 157614 673548 16808 122968 89160 22118 4749 6961 21513 18528 241461 92270 207541 44157 SUPPLIES 69737 TAXES - OTHER 61576 BANK FEES 41804 PROMO IN CLUB 34501 116346 2043360 0 0 0 6473 6209 243750 640372 334461 323258 62639 57520 53744 29772 9926822 7921390 2120846 2005432 4108 269754 2826021 3332317 196021 175756 937402 1151019 21600 4300 2611556 2366078 5728 27382 3772307 3724535 X 9016 283100 -955302 -675318 -946286 -392218 2826021 3332317 554068 X false false false 219875 219875 3225619 2154544 1071075 904505 879577 24928 5576823 4887269 689554 2005432 CAPITAL DUES RESTRICTED CASH CIVISTA 268634 UNAMORTIZED LOAN COSTS 2054 CAPITAL DUES - PAYABLE TO SYC -934 269754 UNAMORTIZED COPIER CONTRACT BUY OUT 19057 SYC GIFT CARD ACCT 4554 MEMBER TO STAFF DONATIONS 3351 CABLE BOX DEPOSITS 420 27382 RIC BABCOCK CAPITAL IMPROVEMENT X 1500 false true true DRU MEREDITH CAPITAL IMPROVEMENT X 1200 false true true JAMES PRIEBE CAPITAL IMPROVEMENT X 900 false true true ANDY SAUSSER CAPITAL IMPROVEMENT X 700 false true true 4300 SCHEDULE L, PART V THROUGH SEPTEMBER 2020 EACH SANDUSKY YACHT CLUB MEMBER LOANED MONEY INTO THE CAPITAL IMPROVEMENT FUND (CIF) AT A SET AMOUNT OF 100 PER YEAR UP TO A MAXIMUM OF 1,500. THE YACHT CLUB COULD USE THE PRINCIPAL TO FUND CAPITAL IMPROVEMENT PROJECTS BUT PAID INTEREST ON THE BORROWED MONEY TO THE CIF FUND. A COMMITTEE APPOINTED BY THE TRUSTEES OVERSAW THE CIF. THE LOAN BECAME DUE WHEN THE MEMBER TERMINATED HIS/HER MEMBERSHIP. IN SEPTEMBER 2020, THE PROCESS CHANGED. MEMBERS WOULD BE CHARGED 100 CAPITAL DUES ANNUALLY UNTIL THEY TERMINATED THEIR MEMBERSHIP. HOWEVER, MEMBERS COULD TURN OVER THEIR 1,500 CIF BALANCES OR BUY UP TO 1,500 TO TURN OVER THEIR BALANCES TO THE CAPITAL DUES FUND TO NOT HAVE TO PAY CAPITAL DUES IN THE FUTURE. ALTERNATIVELY, MEMBERS COULD LEAVE THEIR CIF MONEY IN THE FUND TO PAY THEIR CAPITAL DUES (PLUS SALES TAX) ANNUALLY UNTIL THEIR BALANCES ARE EXHAUSTED. AT 12/31/20, SOME MEMBERS WITH CIF LOAN BALANCES HAD NOT DECIDED THEIR COURSE OF ACTION. FORM 990, PART VI LINE 13 - WRITTEN WHISTLEBLOWER POLICY. THERE IS A WRITTEN WHISTLEBLOWER POLICY IN PLACE FOR THE EMPLOYEES BUT THERE IS NOT A POLICY IN PLACE FOR THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION IS A MEMBER CLUB. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE YACHT CLUB ELECT THE TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERS HAVE RIGHTS ACCORDING TO THE BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE TREASURER, AND COMMODORE PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT QUESTIONNAIRE IS COMPLETED BY OFFICERS AND TRUSTEES ANNUALLY AND REVIEWED BY THE COO. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE COO IS REVIEWED ANNUALLY AND VOTED UPON BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER COMPENSATION IS DETERMINED BY THE BY-LAWS AND SET BY THE CURRENT TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERS ONLY. THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.