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        <TotalAmt>164162</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>INSURANCE</Desc>
        <TotalAmt>63489</TotalAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>CONTRACT SERVICES - HOUSE</Desc>
        <TotalAmt>30700</TotalAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>CAPITAL - DOCKS</Desc>
        <TotalAmt>20025</TotalAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>152873</TotalAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>582155</TotalAmt>
        <ProgramServicesAmt>0</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <CashNonInterestBearingGrp>
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        <EOYAmt>412034</EOYAmt>
      </CashNonInterestBearingGrp>
      <LandBldgEquipCostOrOtherBssAmt>3577702</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>3577702</BOYAmt>
        <EOYAmt>3577702</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <TotalAssetsGrp>
        <BOYAmt>3888665</BOYAmt>
        <EOYAmt>3989736</EOYAmt>
      </TotalAssetsGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>162794</BOYAmt>
        <EOYAmt>89289</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>162794</BOYAmt>
        <EOYAmt>89289</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>3725871</BOYAmt>
        <EOYAmt>3900447</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>3725871</BOYAmt>
        <EOYAmt>3900447</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>3888665</BOYAmt>
        <EOYAmt>3989736</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>174576</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc2">
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>3577702</OtherCostOrOtherBasisAmt>
        <BookValueAmt>3577702</BookValueAmt>
      </BuildingsGrp>
      <TotalBookValueLandBuildingsAmt>3577702</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>NOTE PAYABLE - CHESAPEAKE</Desc>
        <Amt>66908</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>NOTE PAYABLE - KUBOTA</Desc>
        <Amt>12481</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>BONDS PAYABLE</Desc>
        <Amt>9900</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>89289</TotalLiabilityAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc3">
      <FundraisingEventInformationGrp>
        <Event1Nm>REGATTA</Event1Nm>
        <GrossReceiptsEvent1Amt>24952</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>24952</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>21723</OtherDirectExpensesEvent1Amt>
        <Event2Nm>SOCIAL PROGRAMS</Event2Nm>
        <GrossReceiptsEvent2Amt>17200</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>17200</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>19646</OtherDirectExpensesEvent2Amt>
        <GrossReceiptsTotalAmt>42152</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>42152</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>41369</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>41369</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>783</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc4">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERSHIPS ARE APPLIED FOR AND APPROVED BY THE BOARD OF TRUSTEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD IS ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>ELECTRONIC COPY OF FORM 990 IS PROVIDED TO BOARD MEMBERS PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 24E</FormAndLineReferenceDesc>
        <ExplanationTxt>UTILITIES 17,803 0 0 OTHER TAXES 15,867 0 0 CAPITAL - JUNIORS 15,145 0 0 WATER SYSTEM 14,562 0 0 CAPITAL - CLUB HOUSE 14,164 0 0 HOUSE 10,184 0 0 CONTRACT SERVICES - GROUN 9,818 0 0 LOG 6,101 0 0 TROPHIES 5,622 0 0 BANK AND CREDIT CARD FEES 5,023 0 0 FLT LT. BOATS - MR. ROBER 4,848 0 0 POOL 4,390 0 0 CRUISING 3,928 0 0 FLT LT. BOATS - MAINTENAN 3,252 0 0 FLT LT. BOATS - FUEL 2,785 0 0 YOUNG ADULT PROGRAM 2,493 0 0 OFFSHORE 2,262 0 0 WEBSITE 2,228 0 0 ASSOCIATION DUES 2,200 0 0 PROPERTY RENTAL 2,000 0 0 RACE MARKS/SUPPLIES 1,987 0 0 ADULT SAILING PROGRAM 1,791 0 0 WINTER PROGRAM - NET 1,764 0 0 ONE DESIGN 1,433 0 0 CLUB MANAGER 1,174 0 0 COMMODORE 953 0 0 PUBLICITY 775 0 0 CONTRACT SERVICES 245 0 0 ICE 144 0 0 OYSTER LEASE MAINTENANCE 12 0 0 GROUNDS -2,080 0 0 TOTAL 152,873 0 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>