2021-06-24T12:52:40-07:00 2020-12-31 221975109 Koerner & Koerner PA 10 Allen Street Suite 3A Toms River NJ 08753 990 2020-01-01 210625526 Toms River Yacht Club Inc TOMS 7329290888 1464 Riviera Ave Toms River NJ 08753 William Warner Treasurer 2021-06-24 true William Warner 999009999 James K Koerner P00018364 7322442323 0 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z 1464 Riviera Ave Toms River NJ 08753 1546714 false X TRYC.com X 1871 NJ To provide recreation facilities for adults & junior sailing and dining facilities for use by members. 350 350 44 25554 40262 497380 948538 347310 172937 32092 25554 157620 137444 1034402 1284473 0 0 291442 263210 0 0 632901 521321 924343 784531 110059 499942 2949682 3398329 963881 850233 1985801 2548096 X To provide recreation facilities for adults & junior sailing and dining facilities for use by members. false false 89970 107369 Toms River Yacht Club was formed in 1871 to support sailboat racing. The Club conducts races throughout the year for many different classes of sailboats. The also permits Ocean County College and Kean College and several High Schools in the area to use the facility and grounds for their teams 7 months out of the year. The Club also conducts an 8 week Junior Sailing Program each year for members and guests. The Club hosts regattas and events for several non-profit organizations, such as US Sailing, Ocean County College, Kean College and BBYRA junior sailing & senior sailing programs. 74768 32753 Other Program Services 42160 24052 The Club has dining facilities for its members. The facility is available for parties for members and guests. Several dinners will be held in conjuction with regattas. The Club makes its facilities available (on a non-fee basis) for meetings to many non-profit groups, such as the BBYRA, NJ State Boating Commission, Island Heights Sailing Foundation and other yacht clubs in the area. 40242 40248 247140 false false false false false false false false false 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 false false false false true 0 0 true 44 true true true false false false false 15000 4450 false false false X 350 350 false false false false true true true true false false true true true false false false false true false X William Warner 7329290888 1464 Riviera Ave Toms River NJ 08753 Mary Coghlan Manager 40.00 0.00 48575 0 0 Don Dirschaver Steward 40.00 0.00 37220 0 0 William Warner Treasurer 20.00 0.00 X 1545 0 0 John Vahey Commodore 10.00 0.00 X X 0 0 0 Bruce Hummer Vice Commodore 10.00 0.00 X X 0 0 0 Adam Walsh Rear Commodore 10.00 0.00 X X 0 0 0 Mandie Rhodes Fleet Captain 10.00 0.00 X X 0 0 0 Joe Matteo Secretary 10.00 0.00 X X 0 0 0 Tom Roesler Board of Govnrs 5.00 0.00 X 0 0 0 Jim Ventimiglia Board of Govnrs 5.00 0.00 X 0 0 0 Mike Paccione Board of Govnrs 5.00 0.00 X 0 0 0 Nancy Rogachenko Board of Govnrs 5.00 0.00 X 0 0 0 87340 0 false false false Richard Yetman PO Box 639 Island Heights NJ 08732 Contractor 300300 1 X 505065 9250 434223 948538 Auxiliary 7960 7960 Food Services 24852 24852 Jr Sailing 101645 101645 Pool House 32753 32753 Sailing 5727 5727 172937 0 0 0 118539 25101 93438 93438 93438 236289 4134 214869 21420 4134 25554 25554 0 0 40248 22271 17977 17977 Gain on Insurance Loss 20000 20000 P/C dues 6029 6029 26029 1284473 310381 25554 0 0 0 0 87340 38765 48575 0 141635 141635 0 12268 12268 21967 17110 4857 0 22 22 0 0 0 7664 7664 0 0 42467 42467 8240 8240 0 161087 161087 0 0 0 26450 26450 0 110029 110029 43906 43906 Bar Service & Pool House 53185 53185 Food Service 41233 41233 Jr Sailing 18793 18793 Sailing 5567 5567 2678 2678 784531 602372 182159 0 330874 534403 0 0 90241 79991 0 0 0 34157 33343 13521 11361 3410356 1710273 1380508 1700083 977557 907800 0 122824 131348 0 0 2949682 3398329 109189 74774 265692 250459 589000 525000 963881 850233 X 1985801 2548096 1985801 2548096 2949682 3398329 499942 62353 X false false false 123076 123076 2577209 1407088 1170121 259605 117576 142029 450466 185609 264857 1700083 131348 C Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Other Program Services Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is prepared by a retired CPA/Treasurer of the Organizion and distributed to the Board for review. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public. Part VI, line 6 The Organization has members. Each member has 1 vote in all matters brought to the membership. Part VI, Line 7 Each member has 1 vote for annual election of officers and board of governors. Part VI, Line 7b Any expenditure in excess of $12,500 must be approved by the membership with a 2/3 majority vote. Part VI, Line 8 Minutes are not taken for all Committee meetings, however, the chairman of the committee will report back to the officer in charge of that committee. Part VI, Section B, line 11b Form 990 is prepared by the Treasurer, a retired CPA, and distributed to all 11 officers and Board of Governors prior to filing. The Treasurer reviews the form 990 with the Officers and Board and explains any differences between the financial statements and the tax return. Part VIII, line 1f During 2020 the Sailing Foundation of Barnegat Bay, Inc., a 501(c)(3) corporation, gave a grant to the Toms River Yacht Club to assist in the construction of a junior sailing center at the Club. This two story facility, with bathrooms, will provide storage for 8 inflatable and "hard bottom" support/safety boats used in the junior sailing program at the Club and for various junior, high school, college and senior regattas held at the Club. Additionally, the second floor will provide classrooms and/or lecture hall for all to use. Toms River Yacht Club supports a junior sailing program for its members and non-member children for approximately 129 children. Addtionally, Toms River Yacht Club supports a daily college and high school sailing programs for approximately 4 high schools and Ocean County College, and hosts regattas for 15 high schools and 15 colleges in the mid-atlantic area. The Yacht Club supports year round storage for approximately 30 sailboats used by the high schools and colleges and provides facilities for the daily practices and regattas.The grant amount that was given was spent on the construction of the building and expenditures were capitalized and will be written off over the life of the building using depreciation expense.