2021-11-11T10:56:07-06:00 2020-12-31 770181453 NASIF HICKS HARRIS & CO LLP 104 WEST ANAPAMU ST STE B SANTA BARBARA CA 93101 990 2020-01-01 953029891 PACIFIC CORINTHIAN YACHT CLUB PACI 8059857292 2600 S HARBOR BLVD OXNARD CA 93035 JACK SKIDMORE COMMODORE 8059848205 2021-11-11 1 JACK SKIDMORE 999009999 SARAH E TURNER P00968346 8059661521 X 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JACK SKIDMORE 2600 S HARBOR BLVD OXNARD CA 93035 1581116 0 X WWW.PCYC.ORG X 1976 CA TO OPERATE A YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS. 12 12 42 0 196931 166504 870564 816095 0 0 97805 83135 149295 56705 1117664 955935 0 0 0 0 400670 386532 0 0 0 721416 625360 1122086 1011892 -4422 -55957 2734604 2902735 480277 704365 2254327 2198370 X TO OPERATE A YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS. 0 0 496100 306852 OPERATION OF DINING SERVICE PROVIDED TO MEMBERS. 124740 129820 OPERATION OF BAR SERVICE PROVIDED TO MEMBERS 25243 6436 OPERATION OF CLUB EVENTS PROVIDED TO MEMBERS 365809 512827 OPERATION OF OTHER CLUB ACTIVITIES PROVIDED TO MEMBERSEXPENSES AND REVENUES ARE NET OF COGS REPORTED IN 4A AND 4B ABOVEOTHER EXPENSES, GROSS IS $986,649, LESS COGS OF $620,840, EQUALS NET $365,809REVENUE, GROSS IS $1,133,667, LESS COGS OF $620,840, EQUALS NET $512,827 365809 512827 1011892 0 0 0 0 0 0 0 0 0 1 1 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 1 0 0 1 4 0 42 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 0 1 1 1 1 1 0 CA X PENG CHEW OON CONTROLLER 8059848205 2600 S HARBOR BLVD OXNARD CA 93035 X JACK SKIDMORE COMMODORE 10.00 X X 0 0 0 ILENE SHELDON VICE COMMODORE 10.00 X X 0 0 0 JACK SCHULER REAR COMMODORE 10.00 X X 0 0 0 ANDY EZCURA DIRECTOR 5.00 X 0 0 0 BOB DALBY DIRECTOR 5.00 X 0 0 0 ROBERT ALEXANDER TREASURER 5.00 X 0 0 0 CONNIE SEDACCA DIRECTOR 5.00 X 0 0 0 DAVID ROMANO DIRECTOR 5.00 X 0 0 0 KATE THOMPSON DIRECTOR 5.00 X 0 0 0 PATTY MCINNES DIRECTOR 5.00 X 0 0 0 RON DREHER DIRECTOR 5.00 X 0 0 0 MARTHA BASKERVILLE SECRETARY 10.00 X X 0 0 0 0 0 0 0 0 0 0 0 815323 772 816095 83135 23838 59297 462784 625181 -162397 -162397 MANAGEMENT FEE INCOME 541610 176121 50617 125504 OTHER MISCELLANEOUS IN 900099 12350 12350 BOOKKEEPING SERVICES 541200 12000 12000 18631 18501 130 219102 955935 -57091 196931 0 331665 28339 26528 15082 2022 20959 23384 157849 784 1863 4458 88643 36411 OTHER EXPENSES (LESS TH 135249 UTILITIES 61789 UNRELATED BUSINESS INCO 51624 CLUB EVENTS 25243 1011892 353746 317700 22118 345321 112964 16320 38550 40983 69067 44672 3537987 2599590 1013359 938397 984117 1046359 140683 152983 2734604 2902735 151873 74595 88177 373019 240227 256751 480277 704365 X 2252003 2196046 2324 2324 2254327 2198370 2734604 2902735 -55957 0 X 1 X 0 1 0 2435379 1811561 623818 607259 398914 208345 301848 219918 81930 193501 169197 24304 938397 LIMITED PARTNERSHIP INTEREST (PC MARINA) 1046359 C 1046359 LEASE DEPOSIT 67047 CHARITABLE REMAINDER TRUST - REMAINDER BENEFICIARY 2324 RELATED PARTY RECEIVABLES 43830 DUE FROM CAPITAL FUND 39782 152983 DEFERRED RENT EXPENSE 216969 DUE TO OPERATING FUND 39782 256751 X PART X, LINE 2: THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBES FOR ALL ENTITIES, MINIMUM THRESHOLDS FOR FINANCIAL STATEMENTS RECOGNITION OF A POSITION TAKEN IN FILING TAX RETURNS (INCLUDING WHETHER AN ENTITY IS TAXABLE IN A PARTICULAR JURISDICTION) AND REQUIRES CERTAIN EXPANDED TAX DISCLOSURES. NO SUCH MATERIAL UNCERTAIN TAX POSITIONS EXIST FOR THE CLUB AT DECEMBER 31, 2020 AND 2019. THE CLUB FILES INCOME TAX RETURNS IN THE UNITED STATES FEDERAL AND STATE OF CALIFORNIA JURISDICTIONS, AND IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS FOR TAX YEARS BEFORE 2013 AND 2012, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAD 278 REGULAR, 10 ASSOCIATE, 4 INTERMEDIATE, 5 INACTIVE, AND 12 LIFETIME MEMBERS AS OF DECEMBER 31, 2020. FORM 990, PART VI, SECTION A, LINE 7A OFFICER AND BOARD OF DIRECTOR CANDIDATES ARE NOMINATED BY A SPECIAL NOMINATING COMMITTEE, SELECTED BY CURRENT BOARD OF DIRECTORS, AND ARE ELECTED INTO OFFICE BY THE ORGANIZATION'S MEMBERS AT LARGE, FOR ONE AND THREE YEAR TERMS, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM 990 IS REVIEWED BY THE COMMODORE PRIOR TO SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCING COMPLIANCE, ON A REGULAR AND CONSISTENT BASIS, OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS APPROVES ALL PURCHASES IN EXCESS OF STIPULATED AMOUNTS. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE, MADE UP OF CERTAIN MEMBERS OF THE BOARD OF DIRECTORS, SET AND APPROVE TOP MANAGEMENT AND KEY EMPLOYEE SALARIES. FORM 990, PART VI, SECTION C, LINE 18 FORMS 1023, 990, AND 990-T ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AS A 501(C)(7) ORGANIZATION, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS BUT NOT TO THE GENERAL PUBLIC. PACIFIC CORINTHIAN MARIA 2610 SOUTH HARBOR BOULEVARD OXNARD CA 93035 770018994 MARINA BOAT SLIP RENTALS CA N/A UNRELATED 0 1 0.39030 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 PACIFIC CORINTHIAN MARIA D YEAR END ACCOUNTS RECEIVABLE PACIFIC CORINTHIAN MARIA K AGREED-UPON VALUE PACIFIC CORINTHIAN MARIA L AGREED-UPON VALUE PACIFIC CORINTHIAN MARIA O REIMBURSED COSTS PACIFIC CORINTHIAN MARIA S BOARD AUTHORIZED DISTRIBUTION