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        <BusinessNameLine1Txt>POSTLETHWAITE &amp; NETTERVILLE</BusinessNameLine1Txt>
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        <AddressLine1Txt>ONE GALLERIA BLVD STE 2100</AddressLine1Txt>
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      <PrincipalOfficerNm>LOUIS LAMBOU</PrincipalOfficerNm>
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        <StateAbbreviationCd>LA</StateAbbreviationCd>
        <ZIPCd>70124</ZIPCd>
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      <LegalDomicileStateCd>LA</LegalDomicileStateCd>
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      <MissionDesc>NOYC'S MISSION IS TO PROMOTE THE SCIENCE OF YACHTING, PROMOTE BOAT AND YACHT RACING, PROMOTE SEAMANSHIP, ESTABLISH AND MAINTAIN A CLUB HOUSE, ENCOURAGE ATHLETIC AND OTHER EXCERCISE OF ITS MEMBERS, PROMOTE FELLOWSHIP, AND TO FOSTER OTHER LAWFUL SOCIAL ACTIVITIES FOR ITS MEMBERS.</MissionDesc>
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      <Desc>OPERATE AND MAINTAIN CLUBHOUSE: THE CLUBHOUSE SERVES AS THE ADMINISTRATIVE OFFICES AND BASE FOR ALL OTHER ACTIVITIES OF THE CLUB. ALL MEMBERS OF THE CLUB HAVE USE OF THE CLUBHOUSE WHICH IS OPEN 6 DAYS A WEEK YEAR-ROUND. IN ADDITION TO ADMINISTRATIVE OFFICES, THERE ARE: CLASSROOMS, RESTROOM AND SHOWER FACILITIES, BANQUET ROOMS, MEETING ROOMS, A KITCHEN, A BAR AND A BOAT STORAGE AREA WITH FLOATING AND FIXED DOCKS. THE CLUBHOUSE IS ESSENTIAL FOR PRE AND POST REGATTA ORGANIZING, REGATTA EQUIPMENT STORAGE, AND FOR ALL SOCIAL FUNCTIONS OF THE CLUB. THE OBJECTIVE OF THE CLUB HOUSE IS TO HAVE A BASE OF OPERATIONS TO CONDUCT OUR BOATING ACTIVITIES.</Desc>
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        <Desc>CONDUCT SAILING REGATTAS: THE NOYC CONDUCTS AT LEAST 21 WEDNESDAY NIGHT REGATTAS EACH YEAR AVERAGING 40 BOATS AT APPROXIMATELY 5 PEOPLE PER BOAT. WE CONDUCT AT LEAST 5 OTHER REGATTAS PER YEAR AND CO-HOST AT LEAST TWO MORE AND HOST A MULTITUDE OF RACES FOR OUR HIGH SCHOOL TEAMS. REGATTAS INVOLVE NUMEROUS VOLUNTEERS WHO ADMINISTER REGISTRATION, CONDUCT THE RACING ON THE WATER IN AT LEAST ONE COMMITTEE BOAT, BUT OFTEN UP TO 6 BOATS, MAINTAIN RACING MARKS, COMPUTE HANDICAP SCORES AND POST RESULTS OF THE REGATTAS IN THE CLUBHOUSE AS WELL AS ON THE INTERNET. MOST REGATTAS INCLUDE SOME FORM OF PARTY AT THE CONCLUSION FOR SOCIALIZING AS WELL AS DISCUSSION OF THE RACING, THE WEATHER AND ASSOCIATED TACTICS AND RULES OF RACING. THE OBJECTIVE OF SAILING REGATTAS IS THE REASON THE YACHT CLUB EXISTS AT ALL.</Desc>
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        <Desc>JUNIOR SAILING CAMP AND HIGH SCHOOL &amp; COLLEGE SAILING TEAMS: THE CLUB MAINTAINS A FLEET OF DINGHIES FOR USE BY OUR JUNIOR SAILORS. WE ALSO MAINTAIN A FLEET OF MOTORIZED SAFETY BOATS WHICH ACCOMPANY THESE TEAMS WHEN THEY ARE SAILING. WE ALSO CONSTRUCT, MAINTAIN, AND LEASE SPACE FOR FLOATING DOCK FACILITIES TO STORE THESE BOATS. WE OWN AND MAINTAIN TRAILERS FOR THE BOATS TO BE TOWED TO OFF-SITE REGATTAS. THE TEAMS PROVIDE COACHES AND INSTRUCTION ON THE WATER. THERE ARE AT LEAST 40 MEMBERS OF NOYC THAT ARE PART OF THESE TEAMS AS WELL AS ADULT VOLUNTEERS. THE DINGHY FLEET IS ALSO USED FOR OUR SUMMER CAMP PROGRAMS WHERE WE INSTRUCT YOUNGER SAILORS. THE OBJECTIVE OF OUR JUNIOR PROGRAMS IS TO TRAIN AND ENCOURAGE YOUTH TO BECOME SAILORS AND EVENTUALLY FULLY ACTIVE MEMBERS OF OUR CLUB.</Desc>
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        <BusinessCd>713990</BusinessCd>
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        <RelatedOrExemptFuncIncomeAmt>8373</RelatedOrExemptFuncIncomeAmt>
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      <ProgramServiceRevenueGrp>
        <Desc>OTHER MEMBER INCOME</Desc>
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        <RelatedOrExemptFuncIncomeAmt>4433</RelatedOrExemptFuncIncomeAmt>
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      </InvestmentIncomeGrp>
      <GrossRentsGrp>
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      <LessRentalExpensesGrp>
        <RealAmt>0</RealAmt>
      </LessRentalExpensesGrp>
      <RentalIncomeOrLossGrp>
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      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
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        <RelatedOrExemptFuncIncomeAmt>20664</RelatedOrExemptFuncIncomeAmt>
      </NetRentalIncomeOrLossGrp>
      <GrossSalesOfInventoryAmt>54442</GrossSalesOfInventoryAmt>
      <CostOfGoodsSoldAmt>54131</CostOfGoodsSoldAmt>
      <NetIncomeOrLossGrp>
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        <RelatedOrExemptFuncIncomeAmt>-1399</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>1710</UnrelatedBusinessRevenueAmt>
      </NetIncomeOrLossGrp>
      <OtherRevenueMiscGrp>
        <Desc>INSURANCE PROCEEDS - H</Desc>
        <BusinessCd>900099</BusinessCd>
        <TotalRevenueColumnAmt>82193</TotalRevenueColumnAmt>
        <ExclusionAmt>82193</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>INTEREST FROM IRS</Desc>
        <BusinessCd>900099</BusinessCd>
        <TotalRevenueColumnAmt>46</TotalRevenueColumnAmt>
        <ExclusionAmt>46</ExclusionAmt>
      </OtherRevenueMiscGrp>
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      <TotalRevenueGrp>
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        <RelatedOrExemptFuncIncomeAmt>213278</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>5104</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>82239</ExclusionAmt>
      </TotalRevenueGrp>
      <CompCurrentOfcrDirectorsGrp>
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      <OtherSalariesAndWagesGrp>
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      </PayrollTaxesGrp>
      <FeesForServicesAccountingGrp>
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      <FeesForServicesOtherGrp>
        <TotalAmt>4320</TotalAmt>
      </FeesForServicesOtherGrp>
      <OfficeExpensesGrp>
        <TotalAmt>8418</TotalAmt>
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      <OccupancyGrp>
        <TotalAmt>74583</TotalAmt>
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      <TravelGrp>
        <TotalAmt>71</TotalAmt>
      </TravelGrp>
      <ConferencesMeetingsGrp>
        <TotalAmt>258</TotalAmt>
      </ConferencesMeetingsGrp>
      <DepreciationDepletionGrp>
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      </DepreciationDepletionGrp>
      <InsuranceGrp>
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      <OtherExpensesGrp>
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      </AllOtherExpensesGrp>
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      <InventoriesForSaleOrUseGrp>
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        <EOYAmt>47168</EOYAmt>
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      <LandBldgEquipAccumDeprecAmt>599037</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
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        <EOYAmt>132408</EOYAmt>
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        <EOYAmt>2629</EOYAmt>
      </OtherAssetsTotalGrp>
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        <EOYAmt>496898</EOYAmt>
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      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>5700</EOYAmt>
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      <UnsecuredNotesLoansPayableGrp>
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      </UnsecuredNotesLoansPayableGrp>
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        <EOYAmt>45596</EOYAmt>
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        <EOYAmt>76196</EOYAmt>
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        <EOYAmt>418679</EOYAmt>
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        <EOYAmt>2023</EOYAmt>
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        <EOYAmt>420702</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
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        <EOYAmt>496898</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>60862</ReconcilationRevenueExpnssAmt>
      <PriorPeriodAdjustmentsAmt>-1749</PriorPeriodAdjustmentsAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>0</FSAuditedInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>555627</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>507496</DepreciationAmt>
        <BookValueAmt>48131</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>8396</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>4692</DepreciationAmt>
        <BookValueAmt>3704</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>167422</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>86849</DepreciationAmt>
        <BookValueAmt>80573</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>132408</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>MEMBER'S BONDS</Desc>
        <Amt>45101</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>FEDERAL &amp; LA STATE INCOME TAX PAYABLE</Desc>
        <Amt>245</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DEPOSITS</Desc>
        <Amt>250</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>45596</TotalLiabilityAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CLUB IS COMPOSED OF ACTIVE, HONORARY, SENIOR, INTERMEDIATE, NON-RESIDENT, AND JUNIOR MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>ACTIVE AND SENIOR MEMBERS HAVE VOTING PRIVILEGES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>CHANGES TO THE BYLAWS REQUIRE A MAJORITY OF THE VOTING MEMBERS PRESENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE TREASURER REVIEWED THE FORM 990 IN FULL PRIOR TO FILING. FORM 990 IS MAINTAINED IN THE BUSINESS OFFICE AND MAY BE VIEWED BY ANY MEMBER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY; ALL OTHER INFORMATION IS AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
