2021-08-18T10:25:48-05:00 2020-10-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2019-11-01 111323110 THE SHELTER ISLAND YACHT CLUB INC SHEL 6317490888 12 CHEQUIT AVENUE SHELTER ISLAND NY 119650546 JOHN SOMMI TREASURER 6317490888 2021-08-09 1 JAMES J REILLY P00183769 2126617777 2019 2022-09-23 18:48:47Z JOHN SOMMI 12 CHEQUIT AVENUE SHELTER ISLAND NY 119650546 2881492 0 X WWW.SIYC.COM X 1886 NY TO ENCOURAGE SOCIAL RECREATION IN YACHTING AND TO MAINTAIN A CLUBHOUSE, WHICH PROVIDES DINING AND SOCIAL ACTIVITIES FOR THE USE AND ENJOYMENT OF THE MEMBERSHIP. 14 14 84 26 162716 11269 0 0 1034600 1198305 17567 13632 1368380 1502727 2420547 2714664 0 0 0 0 1334890 1384786 0 0 0 979585 937468 2314475 2322254 106072 392410 3646873 4102632 106814 174418 3540059 3928214 TO ENCOURAGE SOCIAL RECREATION IN YACHTING AND TO MAINTAIN A CLUBHOUSE, WHICH PROVIDES DINING AND SOCIAL ACTIVITIES FOR THE USE AND ENJOYMENT OF THE MEMBERSHIP. 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 3 0 1 84 1 1 1 0 0 0 0 174230 175142 0 0 0 X 14 14 0 0 0 0 1 1 1 1 0 0 0 0 0 1 1 1 1 0 X LORI KIMMELMANN 6317490888 THE CLUB 12 CHEQUIT AVENUE SHELTER ISLAND HTS NY 119650546 X MATTHEW DEMAULA GENERAL MANAGER 40.00 X 143225 0 4297 BRUCE W BREWER MD COMMODORE 3.00 X X 0 0 0 LISA REICH VICE COMMODORE 3.00 X X 0 0 0 JOHN SOMMI REAR COMMODORE 3.00 X X 0 0 0 EDWARD CAREY SECRETARY 3.00 X X 0 0 0 BENJAMIN I DYETT JR TREASURER 3.00 X X 0 0 0 LYNN KING TRUSTEE 3.00 X 0 0 0 WHITNEY MCCARTHY TRUSTEE 3.00 X 0 0 0 JEFFREY D PRIBOR TRUSTEE 3.00 X 0 0 0 BRENDAN BROWNYARD TRUSTEE 3.00 X 0 0 0 FRANK DEBERNARDIS TRUSTEE 3.00 X 0 0 0 WILLIAM J MILLS III TRUSTEE 3.00 X 0 0 0 BRYAN J CAREY TRUSTEE 3.00 X 0 0 0 MARTIN O'NEILL TRUSTEE 3.00 X 0 0 0 ANDREW WOLF TRUSTEE 3.00 X 0 0 0 143225 0 4297 1 0 0 0 0 MEMBERSHIP DUES 900099 1024075 1024075 INITIATION FEES 900099 174230 174230 1198305 13632 13632 1452078 166828 1285250 1136166 149084 EMPLOYEE RETENTION CRE 900099 213036 213036 INSURANCE PROCEEDS 900099 4441 4441 217477 2714664 2334471 162716 217477 1022199 22165 197680 142742 717 23540 2507 150328 64095 226591 122994 OTHER DEPT. OPERATIONS 166883 MOORINGS & LAUNCH 88925 FOOD & BEV. OPERATIONS 66523 COVID-19 EXPENSES 16150 8215 2322254 54652 169037 392428 635773 172302 394870 68423 61821 51678 49373 4327614 2086953 2362709 2240661 485231 491647 59450 59450 3646873 4102632 106814 174418 106814 174418 X 3540059 3928214 3540059 3928214 3646873 4102632 392410 -4255 0 X 0 1 X 1 0 1389033 748463 640570 1188915 706047 482868 1749666 632443 1117223 2240661 FORM 990, PART VI, SECTION A, LINE 6 THE SHELTER ISLAND YACHT CLUB (THE "CLUB") WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE SUBMITS A SLATE OF INDIVIDUALS TO THE BOARD FOR THE POSITIONS OF FLAG OFFICERS, TREASURER, SECRETARY, TRUSTEES WHICH SHALL BE ELECTED AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B IF BOARD OF TRUSTEES WISH TO INCUR DEBT IN EXCESS OF 20% OF PRIOR YEAR'S DUES INCOME, THEY MUST HAVE MEMBERSHIP APPROVAL BY 2/3 VOTE. SIMILARLY, IF THE BOARD OF TRUSTEES WISH TO INCUR CAPITAL EXPENDITURES IN EXCESS OF 20% OF PRIOR YEAR'S DUES INCOME, THEY MUST HAVE MEMBERSHIP APPROVAL OF 2/3 VOTE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPARABILITY DATA IS REVIEWED BY ALL OFFICERS INVOLVED IN THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. SHELTER ISLAND YACHT CLUB DEVELOPMENT CO 12 CHEQUIT AVENUE SHELTER ISLAND NY 11965 223873753 LAND HOLDING NY N/A C 59450 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0