2021-08-30T15:05:59-05:00 2020-10-31 592840381 PHILLIPS HARVEY GROUP 801 LAUREL OAK DRIVE SUITE 303 NAPLES FL 341082764 990 2019-11-01 590558704 CARLOUEL YACHT CLUB INC CARL 7274469162 1091 ELDORADO AVENUE CLEARWATER FL 33767 PETER JONES TREASURER 7274469162 2021-08-30 1 NATHAN A PHILLIPS CPA P00189856 2395661600 2019 2022-09-23 18:48:47Z PETER JONES 1091 ELDORADO AVENUE CLEARWATER FL 33767 4840463 0 X WWW.CARLOUEL.NET X 1960 FL FOOD AND BEVERAGE SERVICES PROVIDED TO MEMBERS IN A PRIVATE, MEMBER OWNED, SOCIAL CLUB SETTING. 10 10 81 12 191374 0 0 0 3094531 2291250 -88099 9854 1768755 1857088 4775187 4158192 0 0 0 0 2506003 2227434 0 0 0 1708493 1492013 4214496 3719447 560691 438745 4185329 4363098 2831442 2573466 1353887 1789632 X THE PURPOSE OF THE CLUB IS TO PROVIDE A SOCIAL CAMARADERIE FOR ITS MEMBERS BY WAY OF OFFERING A PRIVATE BEACH, DAILY DOCKAGE, CLUB EVENTS AND FOOD AND BEVERAGE. 0 0 THE CLUB CONSISTED OF APPROXIMATELY 478 MEMBERS AS OF OCTOBER 31, 2020. FOOD, BEVERAGE AND OTHER ENTERTAINMENT ARE PROVIDED TO THE CLUB'S MEMBERS. THE CLUB MAINTAINS A CLUBHOUSE TO PROVIDE LUNCHEON AND DINNER SERVICES TO ITS MEMBERS AND THEIR GUESTS, AND BANQUETS AND PARTIES FOR ITS MEMBERS. THE CLUB MAINTAINS TWO OUTDOOR POOLS AND TENNIS RECREATIONAL FACILITIES FOR USE BY ITS MEMBERS AND THEIR GUESTS. MEMBERS MAY PARTICIPATE IN SWIM MEETS AND OTHER TOURNAMENTS. THE CLUB'S OTHER PROGRAM SERVICES INCLUDE CAMP CARLOUEL, A SUMMER DAY PROGRAM FOR CHILDREN, MAINTENANCE OF CABANAS THAT MAY BE RENTED BY THE MEMBERS, PRIVATE BEACH ACCESS, TEMPORARY BOAT DOCKAGE, AND OTHER MISCELLANEOUS MEMBERSHIP PROGRAMS. THE CLUB OFFERS VARIOUS TYPES OF WATERCRAFT, INCLUDING 3 OUTBOARD RESCUE BOATS, 11 SAILING PRAMS, 24 KAYAKS AND 6 STAND UP PADDLE BOARDS. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 81 1 1 1 0 0 0 1 1 311283 266663 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 0 1 1 1 1 0 X STUART BROWN 7274469162 1091 ELDORADO AVENUE CLEARWATER BEACH FL 33767 X JOHN CONNELLY COMMODORE 1.00 X X 0 0 0 CHRIS FOLEY VICE COMMODORE 1.00 X X 0 0 0 BRAD MEINCK REAR COMMODORE 1.00 X X 0 0 0 JEFF SINGER TREASURER 1.00 X X 0 0 0 PETER JONES GOVERNOR 1.00 X X 0 0 0 JORDAN BEHAR GOVERNOR 1.00 X 0 0 0 JEROME CILIENTO GOVERNOR 1.00 X 0 0 0 ROBERT METZ GOVERNOR 1.00 X 0 0 0 JODI SIBSON GOVERNOR 1.00 X 0 0 0 GENE WRIGHTENBERRY GOVERNOR 1.00 X 0 0 0 KELLEY J WILLIAMS FORMER GENERAL MANAGER / COO 40.00 X 137085 0 0 137085 0 0 1 0 0 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713990 2124953 2124953 SPORTS AND MEMBER ACTIVITIES 713990 166297 166297 2291250 12978 12978 3124 -3124 -3124 -3124 1847267 679147 1168120 1033560 134560 CAPITAL DUES 713990 327615 327615 INITIATION FEES 713990 311283 311283 OTHER INCOME 713990 50070 6234 43836 688968 4158192 3966818 191374 0 1753715 4126 314664 154929 5994 32161 915 9833 107506 242901 201168 DINING ROOM AND BAR 419062 MANAGEMENT AND GENERAL 201515 CLUBHOUSE 103490 MEMBERSHIP DEVELOPMENT 65477 101991 3719447 808826 993372 312955 218019 93865 78652 70779 118224 7142602 4319579 2103044 2823023 795860 131808 4185329 4363098 409257 216165 2368820 2309292 53365 48009 2831442 2573466 X 1353887 1789632 1353887 1789632 4185329 4363098 X 438745 -3000 X 0 1 X 1 0 29863 29863 4149454 1874442 2275012 1448225 1168678 279547 1515060 1276459 238601 2823023 NON-MEMBER DEPOSITS 48009 48009 X 4840464 679147 679147 4161317 -3125 -3125 4158192 4401719 682272 682272 3719447 0 3719447 PART X, LINE 2: THE CLUB FOLLOWS ACCOUNTING STANDARDS CODIFICATION TOPIC 740, "INCOME TAXES" ("ASC 740"). A COMPONENT OF ASC 740 PRESCRIBES A RECOGNITION AND MEASUREMENT THRESHOLD OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THERE WAS NO MATERIAL IMPACT ON THE CLUB'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF THE APPLICATION OF ASC 740. THE CLUB'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS UNDER THIS STANDARDS AS A COMPONENT OF INCOME TAX EXPENSE, AND NONE WERE RECOGNIZED SINCE THERE WAS NO MATERIAL IMPACT OF THE OVERALL APPLICATION OF ASC 740. THE CLUB'S INFORMATION RETURNS ARE OPEN TO EXAMINATION BY TAX AUTHORITIES FOR THE TAX YEAR ENDED OCTOBER 31, 2017 AND ALL SUBSEQUENT YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 679,147. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL -3,125. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 679,147. LOSS ON DISPOSAL 3,125. FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE, MEMBER OWNED SOCIAL CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY REQUIRE CERTAIN DECISIONS TO BE APPROVED BY A VOTE OF THE MEMBERSHIP. CHANGES MADE TO THE ARTICLES OF INCORPORATION OR ANY PURCHASES OVER 10% OF GROSS REVENUE ARE SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CONTROLLER, TREASURER, COMMODORE, VICE COMMODORE, AND REAR COMMODORE REVIEW THE FORM 990 BEFORE IT IS FILED. THEREAFTER AN EXACT COPY OF FORM 990, THAT WILL BE FILED WITH THE INTERNAL REVENUE SERVICE, IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD FOR THEIR REVIEW AND APPROVAL FOR FILING. FORM 990, PART VI, SECTION B, LINE 12 GENERAL MANAGER COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD. GENERAL MANAGER REVIEWES ALL MANAGERS COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD. GENERAL MANAGER REVIEWS ALL MANAGERS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO MEMBERS OR PROSPECTIVE MEMBERS. THIS IS A PRIVATE ORGANIZATION, THUS DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: REDEMPTION OF MEMBERSHIP CERTIFICATES, NET -3,000.