2021-10-21T11:38:19-05:00 2020-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2020-01-01 940405160 CORINTHIAN YACHT CLUB OF SAN FRANCISCO CORI 4154354771 43 MAIN ST TIBURON CA 949202507 NOELLE LECA TREASURER 4154354771 2021-10-13 1 NOELLE LECA 999009999 CHRISTOPHER CECIL P01877773 5616971785 2021-10-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JENNIFER CANESTRA 43 MAIN ST TIBURON CA 949202507 2564728 0 X WWW.CYC.ORG X 1896 CA THE CORINTHIAN YACHT CLUB IS A SOCIAL CLUB ORGANIZED TO PROMOTE YACHTING. 10 10 52 75 61678 18530 22150 2800 1816328 1817898 13765 13639 1078512 519134 2930755 2353471 2300 0 0 0 1882301 1369078 0 0 0 1098346 944020 2982947 2313098 -52192 40373 3754048 5262151 1933545 3353255 1820503 1908896 THE CORINTHIAN YACHT CLUB IS A SOCIAL CLUB DEVOTED TO THE SOCIAL AND RECREATIONAL BENEFIT OF ITS MEMBERS. 0 0 CORINTHIAN YACHT CLUB OF SAN FRANCISCO (CYC) ADMINISTERED VARIOUS RACING EVENTS, SUCH AS MIDWINTERS, FRIDAY NIGHT RACES, ONE DESIGN AND FRIENDSHIP REGATTA, ETC. CYC ALSO ADMINISTERED CRUISES TO OTHER YACHT CLUBS. THE GOALS ARE TO IMPROVE THE KNOWLEDGE AND YACHTING/RACING SKILLS OF MEMBERS AND TO FOSTER SOCIAL INTERACTION BETWEEN MEMBERS OF THE CORINTHIAN AND OTHER YACHT CLUBS.CYC ADMINISTERED VARIOUS SPEAKER LECTURES AND DINNERS FOR RACE PARTICIPANTS, CONDUCTED VARIOUS ORGANIZED EVENTS FOR MEMBERS INCLUDING OPENING DAY, EASTER BRUNCH, NEW YEAR'S EVE PARTY, CRAB FEED, MOTHER'S DAY INDEPENDENCE DAY, ETC. THE GOALS ARE TO PROVIDE A FORUM FOR MEMBERS TO SOCIALIZE WITH EACH OTHER AND THEIR FAMILIES.CORINTHIAN YACHT CLUB OF SAN FRANCISCO CONTINUES TO MAINTAIN A WELL KEPT AND WELL RUN HARBOR FOR MEMBERS TO STORE THEIR BOATS, CANOES, KAYAKS, SAIL AND POWER BOATS.CORINTHIAN YACHT CLUB RENTS OUT THE BALLROOM FOR PRIVATE EVENTS TO GENERATE MONEY TO HELP KEEP THE ABOVE PROGRAMS GOING AND TO GENERATE MONEY TO MAINTAIN AND IMPROVE THE CLUBHOUSE. 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 52 1 1 1 0 0 0 1 1 173500 45265 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MARK BIRNBAUM 4154354771 43 MAIN ST TIBURON CA 949202507 JENNIFER CANESTRA COMMODORE 3.00 X X 0 0 0 JIM ERSKINE VICE COMMODORE 2.00 X X 0 0 0 KEVIN ROESLER REAR COMMODORE 2.00 X X 0 0 0 ROSALYN BRANDT PORT CAPTAIN 2.00 X X 0 0 0 KIM SCHAFER SECRETARY 0.50 X X 0 0 0 NOELLE LECA TREASURER 2.00 X X 0 0 0 SHAROM MEYER DIRECTOR 0.50 X 0 0 0 DAVID KIACHKO DIRECTOR 0.50 X 0 0 0 ANDREA OWEN DIRECTOR 0.50 X 0 0 0 JOHN KEARNEY DIRECTOR 0.50 X 0 0 0 CAREN LEE DIRECTOR 0.50 X 0 0 0 TOBY MARION DIRECTOR 0.50 X 0 0 0 JOHN NICOLAI GENERAL MANAGER 40.00 X 143500 0 16802 DAVID HOYT CONTROLLER 40.00 X 84216 0 19434 227716 0 36236 1 0 1 0 0 2800 2800 MEMBERSHIP DUES 713990 1070753 1070753 HARBOR OPERATIONS 713990 535124 535124 INITIATION FEES 713990 173500 173500 RACE OPERATIONS 713990 38521 11271 27250 1817898 11557 11557 12217 1670 10547 10547 10547 2082 0 2082 2082 2082 498784 209587 289197 277514 11683 OTHER INCOME 713990 219390 218749 641 219390 2353471 2286911 61678 2082 263952 783964 321162 183954 111768 140498 138105 GENERAL & ADMINISTRATIV 158516 DINING OPERATIONS 65503 OTHER OPERATING EXPENSE 44190 HARBOR OPERATIONS 28069 73417 2313098 135659 287005 5103 5103 213015 186744 117311 111554 116538 129359 7344456 3284040 2744621 4060416 421801 481970 3754048 5262151 383993 356486 178260 175809 1355543 2805211 15749 15749 1933545 3353255 X 0 0 0 0 1820503 1908896 1820503 1908896 3754048 5262151 40373 48020 0 X X 1 X 0 1 0 X 0 421801 62175 2006 481970 339521 87011 4731 421801 366940 -22165 5254 339521 314437 57055 4552 366940 288315 30251 4129 314437 0 0 9550 9550 6502847 2887058 3615789 484636 319162 165474 347423 77820 269603 4060416 DEFERRED INCOME TAXES 15749 15749 X PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES THAT POSITIONS TAKEN ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION FOR ALL OPEN TAX YEARS. PART III, LINE 4 THE CLUB IS NOT IN THE BUSINESS OF DEALING IN OR SELLING COLLECTIONS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS. THE CLUB MAINTAINS COLLECTIONS OF HISTORICAL ARCHIVES CONTAINING CLUB OPERATING DOCUMENTS, PHOTOS, NAUTICAL PAINTINGS, SAILING PARAPHERNALIA AND MEMORABILIA, YACHTING TROPHIES, AND A LIBRARY OF SAILING RELATED BOOKS AND ALMANACS THAT ARE OF INTEREST TO THE MEMBERSHIP AND COMMUNITY AT LARGE. SINCE THE CLUB IS THE SECOND OLDEST YACHT CLUB ON THE WEST COAST, THESE ARCHIVES ARE ESSENTIAL RESOURCES USEFUL FOR THE CLUB'S MISSION TO PROMOTE SAILING ACTIVITIES AND TO EDUCATE THE MEMBERSHIP IN THE ART OF HANDLING AND SAILING YACHTS. X X X 0 0 0 JOHN NICOLAI GENERAL MANAGER 137879 0 0 0 5621 0 179 0 16623 0 160302 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB'S MEMBERS HAVE THE RIGHT TO VOTE IN THE ELECTION OF OFFICERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER MAY CAST A VOTE IN THE ELECTION OF OFFICERS. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES IN THE CLUB'S BYLAWS ARE SUBJECT TO MEMBERS' APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE AND THE TREASURER, THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS SIGN ACKNOWLEDGEMENT AND DISCLOSURE STATEMENTS. ALL INVOICES FROM ANY BOARD MEMBERS PROVIDING SERVICES TO THE CLUB ARE SCRUTINIZED BY BOTH THE GENERAL MANAGER AND CONTROLLER TO ENSURE THAT THE CLUB IS BEING CHARGED NORMAL RATES OR LESS FOR THE SERVICES OR PRODUCTS PROVIDED. WHEN CONFLICT OF INTEREST OCCURS, THE CONFLICT IS REPORTED TO THE COMMODORE. ALL FLAG OFFICERS AND THE BOARD OF DIRECTORS REVIEW THE CONFLICT AND THEN VOTES ON ACTIONS TO BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES THE COMPENSATION FOR THE GENERAL MANAGER BASED ON OTHER CLUBS OF SIMILAR SIZE. AN OUTSIDE HR ORGANIZATION IS ALSO USED IN COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB MAKES FORM 990 AND FORM 1024 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.