2021-02-10T09:44:33-06:00 2020-12-31 990EZ 2020-01-01 310896393 The Leatherlips Yacht Club Inc LEAT 6148898997 9230 Shawnee Trail Powell OH 430655012 Lynne S McMahon Treasurer 6149463325 2021-02-10 Lynne McMahon 999009999 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X X www.leatherlips.com X X 124200 X 2545 34954 85566 1135 124200 18836 37947 2044 34185 93012 31188 253381 0 284569 X 143853 180762 88731 88246 24897 21231 257481 290239 4100 5670 253381 284569 X To provide the necessary facilities for sailing enthusiasts to participate in pleasure sailing, provide learn to sail activities for children and adults, and to conduct, promote and participate in local and national sailboat racing events with a focus on safety. Sports Competitions Programs; Hosted and provided safety equipment for 52 sailing races from May through October for members and guests; In addition, there were 11 regattas: 6 for one-design sailboats, 3 holiday regattas, a women's championship regatta and a club championship. Each regatta is a minimum of 3 races. The Laser fleet also held 116 races on Tuesday nights throughout the sailing season. A Junior Racing Team was active with 6 children and 1 coach. The racing team practiced weekly and attended 2 regattas at other sailing clubs in Ohio, and hosted 1 regatta. A high school Sailing Team was created with 17 junior high and high school students and a coach. This group hosted 2 regattas and attended 3 other regattas at other sailing clubs in Ohio. Non-racing recreational boating activity by members in their sailboats, kayaks and rowing shells also is a significant activity, but participation levels are not recorded or tracked. 0 12172 Boating Programs: Provided sailing instruction to 187 students (children and adults) in the learn-to-sail program. Various sizes of club owned boats were used to accomodate a wide variety of skill and age. Many students were first time sailors. 0 24029 Leisure, Recreational and Safety Activities: Almost all of our social activities were suspended in 2020 due to the covid 19 pandemic. Our January awards banquet did take place at a local restaurant. All other activity at the club was focused on covid safe activities, most of which was on the water. Our Racing and Safety Chairman provided classes to members on how to serve on race committees. The Junior race team offered a boat wash to raise funds so that they could attend regattas and pay their coach. During the fall, LYC supported a coat and blanket drive for the homeless in central Ohio. 0 0 36201 AJ Savage Commodore 20.00 0 0 0 Diana Evans Vice Commodore 10.00 0 0 0 Matt Mandry Fleet Captain 10.00 0 0 0 Carolyn Tanner Secretary 11.00 0 0 0 Lynne McMahon Treasurer 15.00 0 0 0 Edward Fairbanks Member at Large 5.00 0 0 0 Kathy Isern Member at Large 5.00 0 0 0 Don Schregardus Immediate Past Commodore 2.00 0 0 0 Patti Nussle Rear Commodore 10.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 OH Lynne S McMahon 120 E Hiawatha Drive Powell OH 43065 6149463325 0 0 0 0 0 0 0 Form 990-EZ, Part I, Line 8 - Other Revenue Description: Interest Income on cash balances. Amount: 233. Description: Miscellaneous cash receipts for banquet-expense pd prior year. Amount: 902. Total to Form 990-EZ, line 8: 1,135. Total to Form 990-EZ, line 14: 37,947. Form 990-EZ, Part I, Line 14 Description: Depreciation. Amount: 7,632. Description: Other Expenses. Amount: 30,315. Form 990-EZ, Part I, Line 16 - Other Expenses Description: Insurance and Real Estate Taxes. Amount: 16,446. Description: Boat Dock maintenance and crane rental for moving docks in and out. Amount: 5,571. Description: Learn to sale administrative fees and insurance. Amount: 5,814. Description: Racing and Safety. Amount: 800. Description: Junior Sailing Racing Expenses. Amount: 2,119. Description: Other Miscellaneous Expenses. Amount: 375. Description: High School Racing Expenses. Amount: 3,060. Total to Form 990-EZ, line 16: 34,185. Form 990-EZ, Part II, Line 24 - Other Assets Description: Downpayment on pontoon boat motor. Beg. of Year Amount: 0. End of Year Amount: 2,200. Description: Other Depreciable Assets. Beg. of Year Amount: 24,897. End of Year Amount: 19,031. Form 990-EZ, Part II, Line 26 - Other Liabilities Description: Sales Tax Payable. Beg. of Year Amount: 4,100. End of Year Amount: 5,130. Description: Other amounts payable. Beg. of Year Amount: 0. End of Year Amount: 540. The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.