2021-07-23T10:00:41-00:00 2020-12-31 990 2020-01-01 510633427 GRAND LAKE YACHT CLUB INC GRAN 9708879307 PO BOX 983 GRANBY CO 80446 Bill Meyer Commodore 2021-07-23 false William Meyer 999009999 Mark Krieg P00877998 9708879307 2021-07-23 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Bill Meyer PO Box 983 Granby CO 80446 162518 false X www.grandlakeyachtclub.com/ X 1991 CO The GLYC purpose is to further the interests of competitive and recreational sailing upon Grand Lake and to maintain club facilities and social functions. 12 12 12 30 0 121312 129973 61756 18666 127 132 49050 8343 232245 157114 5000 0 33728 12908 0 0 170062 125724 203790 143632 28455 13482 170497 183330 4234 2762 166263 180568 The GLYC purpose is to further the interests of competitive and recreational sailing upon Grand Lake and to maintain club facilities and social functions. false false 14003 18666 The GLYC provides a Sailing School as part of its education program to further the sailing knowledge of children in the community, both for members and non-members. 14003 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 2 0 12 true false false false false false false false false false 15500 false false false X 12 12 true false false false false false false true true false false true true true false false true false false false X MARK KRIEG 9708879307 441 HWY 125 GRANBY CO 80446 Nicole Ruske Board Member 001.00 X 0 0 0 Tim Thompson Board Member 001.00 X 0 0 0 Howard Fry Board Member 001.00 X 0 0 0 Jay ONeall Board Member 001.00 X 0 0 0 Blake Fulenwider Board Member 001.00 X 0 0 0 Jim Howey Board Member 001.00 X 0 0 0 J Scott Munn Rear Commodore 010.00 X 0 0 0 Buck Blessing Board Member 001.00 X 0 0 0 Thomas Coulthurst Commodore 015.00 X 0 0 0 Bill Meyer Vice Commodore 010.00 X 0 0 0 Juliana Cohen Treasuer 012.00 X 0 0 0 Laurie Poulter Secretary 005.00 X 0 0 0 false false false 113049 16924 129973 Sailing School 900099 18666 18666 132 3050 3050 3050 8051 5404 2647 Regatta Week 900099 1116 Colorado Laser Championships 900099 1530 2646 157114 X 5000 0 0 0 0 0 11751 0 0 1157 0 0 4401 0 0 0 0 2866 2034 0 38691 0 0 0 0 0 761 37816 Board Expenses 2794 Club Activities 10080 Sailing School 1227 Boat Leases 54 25000 143632 140288 150458 6500 3500 5000 116823 92451 23709 24372 170497 183330 4234 2762 4234 2762 X 166263 180568 166263 180568 170497 183330 X 13482 823 X false false false false 21803 21803 23365 23365 71655 69086 2569 24372 Financial derivatives and other financial products Closely-held equity interests Federal income taxes true Grand Foundation PO Box 1342 Winter Park CO 80482 841374928 5000 Book Wildfire Emergency Fund 1 Form 990, Part VI, Section A, Line 2 A small number of directors are distantly related. In a closely knit family community such as the GLYCs, having some relationships among club leadership is unavoidable. However, the risk of those relationships leading to conflicts of interest are lessened by common awareness of these relationships and defined terms for positions that ensure rotation of people through leadership roles. Form 990, Part VI, Section B, Line 11B The Form 990 is distributed to the board of directors for review prior to filing. Form 990, Part IX, Section A, Line 24E Juli Explanation Form 990, Part XI, Line 9 Uncleared checks were voided and net amounts added back to Sailing School account. and Operating Account. Form 990, Part IX, Section A, Line 24e The organization made payments to Munn Architecture during the tax year totaling 25,000.00 for architectural services related to future building improvements. Munn Architecture is owned by Scott Munn who is a member of the board of directors and currently serves as Vice Commodore. All transactions with Munn Architecture were approved by the board and Mr. Munn recused himself from voting on all matters related to his firm. A member of the organization who is also an architect has reviewed all invoices from Munn Architecture for approval and all transactions were conducted at arms-length and fair market value.