2021-06-11T14:39:53-05:00 2020-09-30 592840381 PHILLIPS HARVEY GROUP 801 LAUREL OAK DRIVE SUITE 303 NAPLES FL 341082764 990 2019-10-01 596213933 NAPLES SAILING & YACHT CLUB NAPL 2397740424 896 RIVER POINT DRIVE NAPLES FL 34102 SCOTT SCHWALBACK COMMODORE 2397740424 2021-06-11 1 NATHAN A PHILLIPS CPA P00189856 2395661600 2019 2022-09-23 18:48:47Z SCOTT SCHWALBACK 896 RIVER POINT DRIVE NAPLES FL 34102 4859141 0 X WWW.THENSYC.COM X 1965 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 12 12 50 18 236207 2430 0 0 1453443 2440082 10142 -61979 949885 1858626 2413470 4236729 0 0 0 0 1417526 2398572 0 0 0 1299597 1593407 2717123 3991979 -303653 244750 6536157 7438406 2981675 3639174 3554482 3799232 NAPLES SAILING & YACHT CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF THE CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDED DOCKAGE AND SOCIAL ACTIVITIES TO APPROXIMATELY 300 MEMBERS DURING THE YEAR. TOTAL FOOD & BEVERAGE AND MERCHANDISE REVENUE FOR THE YEAR ENDED 09/30/2020 WAS $1,391,484 OF WHICH $295,905 WAS NON-MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 50 1 1 1 0 0 0 1 1 201580 343187 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 1 1 1 1 0 X GREG BARTELS CONTROLLER 2397740424 896 RIVER POINT DRIVE NAPLES FL 34102 SCOTT SCHWALBACK COMMODORE 2.00 X X 0 0 0 FRANK CORVINO VICE COMMODORE 2.00 X X 0 0 0 TOM MCCARTHY REAR COMMODORE 2.00 X X 0 0 0 BOB LEACH TREASURER 2.00 X X 0 0 0 NANCY BEIGHTS SECRETARY 2.00 X X 0 0 0 KELLY FLYNN DIRECTOR 1.00 X 0 0 0 MIKE MINCH DIRECTOR 1.00 X 0 0 0 AL MORETTI DIRECTOR 1.00 X 0 0 0 CAROL JOSEPH DIRECTOR 1.00 X 0 0 0 MIKE MANLEY DIRECTOR 1.00 X 0 0 0 MARY CLAIRE MOSER DIRECTOR 1.00 X 0 0 0 ED WELTER DIRECTOR 1.00 X 0 0 0 MANUEL BLANCO GENERAL MANAGER 52.00 X 243925 0 17300 GREG BARTELS CONTROLLER 40.00 X 87012 0 12067 MICHAEL MADSEN HEAD CHEF 40.00 X 151911 0 14427 482848 0 43794 2 0 1 0 0 MEMBER DUES 713910 1558346 1558346 DOCKAGE AND SERVICE FEES 713910 594849 547567 47282 SERVICE CHARGES 713910 286887 286887 2440082 8751 8751 9115 0 9115 9115 9115 70730 -70730 -70730 -70730 1391484 551682 839802 659628 180174 NONREFUNDABLE CAPITAL DUES 713910 675979 675979 CONTRIBUTIONS FROM NEW MEMBERS 713910 201580 201580 CAPTAIN'S TABLE DONATIONS 713910 125050 125050 7100 7100 1009709 4236729 4000522 236207 0 365073 1657266 42277 187160 146796 2534 33011 35351 27427 20716 100159 572610 78456 ADMINISTRATIVE AND GENE 221281 FOOD AND BEVERAGE 142877 UTILITIES 101539 DOCKAGE & SHIP'S STORE 97409 160037 3991979 1073544 1775534 266960 557432 51232 52016 80896 82364 136530 124957 11650476 6809763 4926995 4840713 0 5390 6536157 7438406 228164 262297 455808 828863 2257433 2145514 40270 402500 2981675 3639174 X 3554482 3799232 3554482 3799232 6536157 7438406 244750 0 X 0 0 1 0 93722 93722 7705124 4691077 3014047 2427074 1658829 768245 1424556 459857 964699 4840713 PAYCHECK PROTECTION PROGRAM LOAN 402500 402500 X 4501524 551682 551682 3949842 286887 286887 4236729 4256774 551682 551682 3705092 286887 286887 3991979 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARD BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 551,682. PART XI, LINE 4B - OTHER ADJUSTMENTS: SERVICE CHARGES 286,887. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 551,682. PART XII, LINE 4B - OTHER ADJUSTMENTS: SERVICE CHARGES 286,887. 0 0 0 MANUEL BLANCO GENERAL MANAGER 191002 0 33923 0 19000 0 7700 0 9600 0 261225 0 0 0 MICHAEL MADSEN HEAD CHEF 99481 0 27430 0 25000 0 5427 0 9000 0 166338 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED YACHT CLUB OFFERING RESTAURANT FACILITIES, DOCKAGE, AND SOCIAL ACTIVITIES TO ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ONLY FULL MEMBERSHIPS HAVE VOTING PRIVILEDGES (1 VOTE PER FAMILY). FORM 990, PART VI, SECTION A, LINE 7B BOARD OF DIRECTORS DECISIONS SUBJECT TO MEMBERSHIP APPROVAL ARE CHANGES TO THE BYLAWS, ADMISSION, RESIGNATION, SUSPENSION AND EXPULSION OF MEMBERS, AND CAPITAL EXPENDITURES OVER $150,000 ARE SUBJECT TO APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CONTROLLER, GENERAL MANAGER, TREASURER, COMMODORE, VICE COMMODORE, AND REAR COMMODORE, PRIOR TO FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE SALARIES FOR THE GENERAL MANAGER, THE EXECUTIVE CHEF, THE DIRECTOR OF MEMBERSHIP, THE FOOD & BEVERAGE MANAGER, AND THE DOCK MANAGER, BASED ON DATA SUPPLIED BY THE TRENDS REPORT. ADDITIONAL COMPENSATION IS BASED ON MERIT AND PERFORMANCE, WITH METRICS SUCH AS MEMBERSHIP LEVELS AND PROFITABILITY AMOUNTS. ALL OTHER EMPLOYEES' BASE PAY IS DETERMINED BY THE GENERAL MANAGER USING LOCAL DATA AND PERFORMANCE. 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 ORGANIZATION DOES NOT PROVIDE COPIES OF THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY.