2021-06-21T16:49:54-05:00 2020-12-31 521197902 MULLEN SONDBERG WIMBISH & STONE PA 888 BESTGATE ROAD SUITE 310 ANNAPOLIS MD 21401 990 2020-01-01 521198273 EASTPORT YACHT CLUB LIMITED EAST 4102679549 PO BOX 3205 ANNAPOLIS MD 21403 STEPHANIE SAMS TREASURER 4102679549 2021-06-21 1 STEPHANIE SAMS 999009999 PATRICK M HANTSKE CPA P00440640 4102244920 2021-05-25 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEPHANIE SAMS 317 FIRST STREET ANNAPOLIS MD 21403 2521455 0 X N/A X 1980 MD TO PROMOTE AND ENCOURAGE SAILING 7 7 91 75 0 0 1228059 1291666 537733 442342 7876 6700 103917 -143199 1877585 1597509 0 0 0 0 565249 632788 0 0 0 1237714 1076114 1802963 1708902 74622 -111393 8667699 8557337 4662905 4663936 4004794 3893401 TO PROMOTE AND ENCOURAGE SAILING 0 0 322755 442342 PROMOTION OF PLEASURE SAILING. DEVELOP & SUSTAIN INTEREST IN WATERCRAFTS OF ALL TYPES. SPONSOR SAILING EVENTS & FURTHER THE ENJOYMENT OF SAILING 322755 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 4 0 1 91 1 0 0 0 0 0 178939 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X THE ORGANIZATION 4102679549 FIRST STREET ANNAPOLIS MD 21403 ELIZABETH FILTER COMMODORE 2.00 X X 0 0 0 MARK JONES VICE COMMODORE 2.00 X X 0 0 0 TRISTAN KEEN REAR COMMODORE 2.00 X 0 0 0 LEE MAYNARD FLEET CAPITAN 2.00 X 0 0 0 MICHAEL LEHMKUHL KEEPER OF THE LOG 2.00 X 0 0 0 DONNA GLESSING TREASURER 2.00 X X 0 0 0 EDWARD WELLS PAST COMMODORE 2.00 X X 0 0 0 TOBY TOMKO CLUB MANAGER 40.00 X 175883 0 0 175883 0 0 1 0 1 0 0 1291666 1291666 MARINA 900099 209848 209848 REGATTA 900099 197028 197028 BANQUETS 900099 34962 34962 HOUSE EVENTS 900099 504 504 442342 1754 1754 10000 5054 4946 4946 4946 23446 1340 22106 22106 706971 917552 -210581 -210581 OTHER INCOME 900099 45276 45276 45276 1597509 442342 0 -136499 175883 325038 39332 92535 21922 23648 73208 52751 92677 183964 248829 96247 SAILING EVENTS 156933 REPAIRS AND MAINTENANCE 68397 SUPPLIES, SERVICES AND 42096 COMMITTEES 15442 1708902 724952 785569 327084 365976 4385 4670 64640 58505 58450 83292 9935505 2701273 7460619 7234232 27569 25093 8667699 8557337 160236 127231 206915 246426 4030448 3924303 265306 365976 4662905 4663936 X 4004794 3893401 4004794 3893401 8667699 8557337 -111393 0 X X 0 1 X 1 0 2335000 2335000 541407 465358 76049 6524051 1855794 4668257 140173 100161 40012 394874 279960 114914 7234232 DEFERRED CAPITAL PROJECT ASSESSMENT 365976 365976 X 2516401 918892 918892 1597509 0 1597509 2627794 918892 918892 1708902 0 1708902 PART X, LINE 2: THE CLUB FOLLOWS THE GUIDANCE OF ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT ORGANIZATIONS. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE CLUB'S FINANCIAL STATEMENTS. THE CLUB ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE CLUB DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE CLUB'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. CALENDAR YEARS ENDING ON OR AFTER DECEMBER 31, 2017 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED AGAINST REVENUE COST OF SALES NETTED AGAINST REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE NETTED AGAINST REVENUE COST OF SALES NETTED AGAINST REVENUE PART XII, LINE 2D EXPENSES NETTED AGAINST REVENUE ON TAX RETURN. LIGHT PARADE 3923 3923 1001 COMMODORE'S BALL 14535 14535 2 4988 4988 339 23446 23446 1340 1340 22106 X X X X X X 0 0 0 TOBY TOMKO CLUB MANAGER 175883 0 0 0 0 0 0 0 0 0 175883 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A SOCIAL CLUB THAT IS COMPRISED OF MEMBERS WHO PAY A ONE TIME INITIATION FEE AND AN ANNUAL MEMBERSHIP FEE FORM 990, PART VI, SECTION A, LINE 7A THE CLUB HOLDS AN ANNUAL MEETING WHERE THE BOARD OF DIRECTORS IS ELECTED BY THE VOTING MEMBERS FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS OR CLUB POLICY IS VOTED ON BY THE MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS RECEIVE A DRAFT VERSION OF THE FORM 990 THAT IS REVIEWED AND APPROVED BEFORE FINAL FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB'S BOARD OF DIRECTORS REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AT WHICH POINT ANY MEMEBER WHO MAY HAVE A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE THE POSSIBLE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A AS PART OF CONTRACT NEGOTIATIONS, THE CLUB'S BOARD OF DIRECTORS PERFORMS A PERIODIC REVIEW OF THE CLUB MANAGER'S COMPENSATION AND COMPARES TO COMPENSATION OF MANAGERS WITH SIMILAR SIZE CLUBS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS A PUBLIC DISCLOSURE POLICY WHERE IF SOMEONE ASKS FOR A COPY OF THE ORGANIZATION'S 990 THE APPROPRIATE PAGES ARE PROVIDED TO THEM. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESONSIBILITY FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND THE OVERSIGHT OF THE ANNUAL AUDIT AND FINANCIAL STATEMENTS. EYC HOLDINGS LLC PO BOX 3205 ANNAPOLIS MD 21403 REAL ESTATE HOLDING LLC MD EASTPORT YACHT CLUB EASTPORT YACHT CLUB FOUNDATION PO BOX 3205 ANNAPOLIS MD 21403 TO RAISE FUNDS TO SUPPORT LOCAL CHARITIES AND SAILING IN THE COMMUNITY MD 501C3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0