2022-01-10T10:07:12-06:00 2020-12-31 134037614 KIRKILES & KOTIADIS LLP 1157 WILLIS AVENUE ALBERTSON NY 11507 990 2020-01-01 110900170 HUNTINGTON YACHT CLUB HUNT 6314274949 95 EAST SHORE ROAD HUNTINGTON NY 11743 STAN SOMMERS VICE COMMODORE 6314274949 2021-12-29 0 STAN SOMMERS 999009999 KIRKILES KOTIADISLLP P00232492 5164842800 2022-01-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STAN SOMMERS 95 EAST SHORE ROAD HUNTINGTON NY 11743 2003747 0 X WWW.HUNTINGTONYACHTCLUB.COM X 1894 NY THE CLUB OFFERS ITS MEMBERS FULL YACHT CLUB FACILITIES, INCLUDING A STATE-OF-THE-ART 103-SLIP MARINA; A FIELD OF 54 MOORINGS; A FULL SERVICE FUEL DOCK WITH HIGH SPEED PUMPS DISPENSING BOTH GAS AND DIESEL; AN OLYMPIC-SIZED SWIMMING POOL WITH SNACK CENTER; A RESTAURANT; A FULL-SERVICE BAR; AND A TWO-LEVEL CLUBHOUSE USED FOR LOUNGING, MEALS, AND SOCIAL EVENTS. 12 12 0 0 217903 35230 0 0 1377452 1365644 28146 14260 768074 292456 2173672 1672360 0 0 0 0 152186 536678 0 0 0 1843325 1138574 1995511 1675252 178161 -2892 3729469 3791730 2801140 2866291 928329 925439 THE PURPOSE OF THE ORGANIZATION IS TO OFFER ITS MEMBERS FULL YACHT CLUB FACILITIES INCLUDING BOATING AND RECREATIONAL ACTIVITIES, AS WELL AS SOCIAL GATHERINGS AT THE CLUB'S RESTAURANT. 0 0 1156858 1342549 RECREATIONAL FACILITIES FOR ITS MEMBERS 134363 109943 THE RESTAURANT PROVIDES A SOCIAL MEETING PLACE FOR THE MEMBERS 2624 1965 LADIES AUXILLIARY PROVIDES FOR THE MEMBERS' SOCIAL AND RECREATIONAL NEEDS 1293845 0 0 0 0 0 0 0 0 1 1 0 0 0 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 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 NY X THE ORGANIZATION 6314274949 95 EAST SHORE ROAD HUNTINGTON NY 11743 X LEONARD MESTRANDREA PC TRUSTEE 1.00 X 0 0 0 MARK SHIKOWITZ TRUSTEE 1.00 X 0 0 0 TONY HOOJAN TRUSTEE 1.00 X 0 0 0 MANNY CASAMASIMA TRUSTEE 1.00 X 0 0 0 STEVEN SILVERSTEIN TRUSTEE 1.00 X 0 0 0 LES LERNER PC TRUSTEE 1.00 X 0 0 0 FRANK MESSINA COMMODORE 3.00 X 0 0 0 STAN SOMMERS VICE COMMODORE 3.00 X 0 0 0 JACK POSNER REAR COMMODORE 3.00 X 0 0 0 FRED MESTRANDREA TREASURER 3.00 X 0 0 0 VICTOR LEE SECRETARY 3.00 X 0 0 0 ELIOT LEVINE FLEET CAPTAIN 3.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 713990 1365644 1280745 84899 1365644 14260 14260 514070 331387 182683 63939 118744 RESTAURANT REVENUE 900099 109773 109773 109773 1672360 1454457 217903 0 X 492446 345867 146579 44232 30939 13293 188 188 3850 3850 62047 62047 105754 105754 190560 170060 20500 100268 97126 3142 INCOME TAX 12478 12478 UTILITIES 287720 287720 RESTAURANT 105442 105442 BUILDING AND GROUNDS 91970 91970 178297 164721 13576 1675252 1293845 381407 0 252286 495308 448377 551997 526220 349466 28587 32551 8073 10887 5157244 3031225 2212784 2126019 246002 225502 7140 0 3729469 3791730 86459 98142 1628631 1583633 744286 817165 341764 367351 2801140 2866291 X 0 0 0 0 0 0 928329 925439 3729469 3791730 X -2892 2 X 0 0 0 428140 428140 428140 428140 431611 6260 9731 428140 431611 431611 431611 431611 0 0 280029 280029 2508834 1159327 1349507 2368381 1871898 496483 2126019 MEMBERSHIP BONDS PAYABLE 148964 MEMBERSHIP CERTIFICATES 218387 367351 X PART V, LINE 4: CASH AND MARKETABLE SECURITIES HELD IN A BROKERAGE ACCOUNT DESIGNATED FOR LONG-TERM INVESTMENT PURPOSES. HALF OF REALIZED EARNINGS MAY BE USED FOR CLUB OPERATIONS, WHILE THE OTHER HALF MUST BE RETAINED FOR FUTURE INVESTMENT. PART X, LINE 2: THE CLUB HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE CLUB BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE CLUB'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE CLUB HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2016 AND 2015. TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2013, 2014, 2015 AND 2016 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE CLUB'S MANAGEMENT HAS REGISTERED IN ALL STATES IN WHICH IT BELIEVES IT IS REQUIRED TO BE REGISTERED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO MAY RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MEET PERIODICALLY OR BY DEMAND TO REVIEW AND APPROVE ANY DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY MEETS TO REVIEW THE RETURN AND COMMUNICATE TO THE PREPARER ANY NECESSARY CHANGES BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. IN ADDITION, THE 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG AND COPIES OF ALL DOCUMENTS ARE AVAILABLE AT THE CORPORATE OFFICES FOR REVIEW DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 24E MARINA: PROGRAM SERVICE EXPENSES 81,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,840. HOUSE AND RESTAURANT: PROGRAM SERVICE EXPENSES 56,429. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,429. POOL: PROGRAM SERVICE EXPENSES 16,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,496. HOSPITALIZATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,531. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,531. MOORING AND LAUNCHING: PROGRAM SERVICE EXPENSES 9,875. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,875. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,335. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,335. BANK CARD CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,227. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,227. PRINTING AND POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 483. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 483. LADIES AUXILIARY EXPENSES: PROGRAM SERVICE EXPENSES 81. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81. FORM 990, PART XI, LINE 9: ROUNDING ADJUSTMENT 2. DUE DATE HAS BEEN EXTENDED TO FEBRUARY 15, 2022 DUE TO HURRICANE IDA