2022-05-18T10:12:52-07:00 2021-12-31 221975109 Koerner & Koerner PA 10 Allen Street Suite 3A Toms River NJ 08753 990 2021-01-01 210625526 Toms River Yacht Club Inc TOMS 7329290888 1464 Riviera Toms River NJ 08753 William Warner Treasurer 2022-05-18 true William Warner 999009999 James K Koerner P00018364 7322442323 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Bruce Hummer 1464 Riviera Toms River NJ 08753 1293723 false X TRYC.com X 1871 NJ To provide recreation facilities for adults & junior sailing and dining facilities for use by members. 350 350 45 48233 39451 948538 672990 172937 243436 25554 48233 137444 188996 1284473 1153655 0 0 263210 296932 0 0 521321 678791 784531 975723 499942 177932 3398329 3624812 850233 849122 2548096 2775690 X To provide recreation facilities for adults & junior sailing and dining facilities for use by members. false false 108519 140144 Toms River Yacht Club was formed in 1871 to support sailboat racing. The Club conducts races throughout the year for many different classes of sailboats. The also permits Ocean County College and Kean College and several High Schools in the area to use the facility and grounds for their teams 7 months out of the year. The Club also conducts an 8 week Junior Sailing Program each year for members and guests. The Club hosts regattas and events for several non-profit organizations, such as US Sailing, Ocean County College, Kean College and BBYRA junior sailing & senior sailing programs. 92703 100191 Toms River Yacht Club holds a Club liquor license. The Club sells beverages to its members and guests. Sales are made at social events and after sailing regattas.Toms River Yacht Club has a pool and snack bar operation during the summer season for its members and guests of members. Due to Covid virus the pool and snack bar operated from 7/6/2020 to 9/7/2020. 69727 41647 Other Program Services 57677 57994 328626 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 0 0 true 45 true true true false false false false 55865 5000 false false false X 350 350 false false false false true true true true false false true true true false false false false true false X William Warner 7329290888 1464 Riviera Ave Toms River NJ 08753 X Mary Coghlan Manager 40.00 0.00 57782 0 0 Calvin Draper Steward 40.00 0.00 44773 0 0 Bob Baxter Fleet Captain 0.00 0.00 X X 0 0 0 Bruce Hummer Commodore 10.00 0.00 X X 0 0 0 Adam Walsh Vice Commodore 10.00 0.00 X X 0 0 0 Mandie Rhodes Rear Commondore 10.00 0.00 X X 0 0 0 Joe Matteo Secretary 10.00 0.00 X X 0 0 0 Mike Paccione Board of Govnrs 5.00 0.00 X 0 0 0 Nancy Rogachenko Board of Govnrs 5.00 0.00 X 0 0 0 John Vahey Board of Govnrs 0.00 0.00 X 0 0 0 Monique Michowski Board of Govnrs 0.00 0.00 X 0 0 0 Brian Hull Board of Govnrs 0.00 0.00 X 0 0 0 William Warner Treasurer 20.00 0.00 X 0 0 0 102555 0 false false false Richard Yetman PO Box 639 Island Heights NJ 08732 Contractor 249180 1 554685 4296 64658 49351 672990 Auxiliary 3651 3651 Food Services 57994 57994 Jr Sailing 121230 121230 Pool House 41647 41647 Sailing 18914 18914 243436 18342 18342 0 0 130983 29073 101910 101910 101910 86471 56580 29891 29891 29891 0 0 101140 54415 46725 46725 Gain on Insurance Loss 21307 21307 Miscellaneous 2610 2610 Recovery of Awning Loss 16444 16444 40361 1153655 432432 48233 0 0 0 0 102555 44773 57782 0 151305 142626 8679 0 16119 16119 26953 19890 7063 0 496 496 450 450 0 0 7780 7780 0 0 64551 64551 8819 8819 0 173556 173556 0 0 0 24250 24250 0 119809 119809 46530 46530 Food Service 76227 76227 Bar Service & Pool House 66500 66500 Auxiliary 49508 49508 Jr Sailing 23111 23111 17204 17204 975723 795853 179870 0 534403 388023 0 0 79991 174614 0 0 0 33343 36768 11361 29095 3692290 1830082 1700083 1862208 907800 997915 0 131348 136189 0 0 3398329 3624812 74774 28869 250459 325253 525000 495000 850233 849122 X 2548096 2775690 2548096 2775690 3398329 3624812 177932 79553 X false false false 123076 123076 2626198 1670543 955655 303290 155897 147393 639726 3642 636084 1862208 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Other Program Services Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is prepared by a retired CPA/Treasurer of the Organizion and distributed to the Board for review. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon Request Part VI, line 6 The Organization has members. Each member has 1 vote in all matters brought to the membership. Part VI, Line 7 Each member has 1 vote for annual election of officers and board of governors. Part VI, Line 7b Any expenditure in excess of $12,500 must be approved by the membership with a 2/3 majority vote. Part VI, Line 8 Minutes are not taken for all Committee meetings, however, the chairman of the committee will report back to the officer in charge of that committee. Part VI, Section B, line 11b Form 990 is prepared by the Treasurer, a retired CPA, and distributed to all 11 officers and Board of Governors prior to filing. The Treasurer reviews the form 990 with the Officers and Board and explains any differences between the financial statements and the tax return. Part VIII, line 1f During 2021 the Sailing Foundation of Barnegat Bay, Inc., a 501(c)(3) corporation, gave a grant to the Toms River Yacht Club to assist in the construction of a junior sailing center at the Club. This two story facility, with bathrooms, will provide storage for 8 inflatable and "hard bottom" support/safety boats used in the junior sailing program at the Club and for various junior, high school, college and senior regattas held at the Club. Additionally, the second floor will provide classrooms and/or lecture hall for all to use. Toms River Yacht Club supports a junior sailing program for its members and non-member children for approximately 129 children. Addtionally, Toms River Yacht Club supports a daily college and high school sailing programs for approximately 4 high schools and Ocean County College, and hosts regattas for 15 high schools and 15 colleges in the mid-atlantic area. The Yacht Club supports year round storage for approximately 30 sailboats used by the high schools and colleges and provides facilities for the daily practices and regattas.The grant amount that was given was spent on the construction of the building and expenditures were capitalized and will be written off over the life of the building using depreciation expense.