2022-10-31T09:44:24-05:00 2021-12-31 205991824 SC&H GROUP INC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2021-01-01 520227500 THE ANNAPOLIS YACHT CLUB INC ANNA 4102639147 2 COMPROMISE STREET PO BOX 908 ANNAPOLIS MD 214040908 JONATHAN BARTLETT COMMODORE 4102639147 2022-10-24 1 JONATHAN BARTLETT XXX-XX-XXXX LORI S BURGHAUSER P00370694 4104031500 2022-10-24 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JONATHAN BARTLETT 2 COMPROMISE STREET PO BOX 908 ANNAPOLIS MD 214040908 16057920 0 X WWW.ANNAPOLISYC.COM X 1937 MD SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS SUCH AS YACHTING AND DINING FACILITIES. 10 10 381 300 924675 8799 0 0 6295315 6964509 72805 10680 3755505 5838769 10123625 12813958 0 0 0 0 5244987 6502890 0 0 0 4928360 5648526 10173347 12151416 -49722 662542 61132793 62193115 27624468 28022248 33508325 34170867 THE ANNAPOLIS YACHT CLUB'S MISSION IS TO ENCOURAGE AND SUPPORT A WIDE RANGE OF BOATING ACTIVITIES, AND TO PROVIDE AND MAINTAIN A SUITABLE CLUBHOUSE AND ASSOCIATED FACILITIES FOR THE RECREATIONAL AND SOCIAL USE OF ITS MEMBERS. 0 0 THE CLUB PROVIDES SOCIAL AND RECREATIONAL ACTIVITIES TO ITS MEMBERS SUCH AS YACHTING AND DINING FACILITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 51 0 381 1 1 1 0 0 0 1 1 0 0 768794 1324694 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MERCEDES BUCELATO 4102639147 510 SEVERN AVENUE ANNAPOLIS MD 21403 JONATHAN BARTLETT COMMODORE 1.00 X X 0 0 0 JAMES ELLIS PAST COMMODORE 1.00 X X 0 0 0 C EDWARD HARTMAN III VICE COMMODORE 1.00 X X 0 0 0 ROBERT SHAPIRO FLEET CAPTAIN 1.00 X X 0 0 0 TIMOTHY CUSACK REAR COMMODORE 1.00 X X 0 0 0 JENNIFER WULFF SECRETARY 1.00 X X 0 0 0 PAUL PARKS TREASURER 1.00 X X 0 0 0 CHRIS BELL GENERAL MEMBER 1.00 X 0 0 0 DAVID HAGLER GENERAL MEMBER 1.00 X 0 0 0 TED KACZMARSKI GENERAL MEMBER 1.00 X 0 0 0 ANNE CONNOLLY DIRECTOR OF FINANCE 40.00 X 152687 0 12480 BRIAN ASCH GENERAL MANAGER 40.00 X 466297 0 30484 MICHAEL HERR EXECUTIVE CHEF 40.00 X 185553 0 25244 TRACIE PARKINSON HR/MEMBERSHIP DIRECTOR 40.00 X 168179 0 21183 972716 0 89391 4 0 1 0 KELLY BENEFITS PO BOX 418926 BOSTON MA 02241 BENEFITS ADMINISTRATION 412892 ATC EVENT SERVICES LLC 10129 RED SPRUCE ROAD FAIRFAX VA 22032 TEMPORARY STAFFING 186502 SMART COMPUTING SOLUTIONS 111 FORBES STREET ANNAPOLIS MD 21401 TECHNOLOGY 106664 3 MEMBERSHIP DUES 713910 5978492 5978492 JUNIOR FLEET 713910 704575 704575 YACHT RACES 713990 281442 281442 6964509 10680 10680 7531089 3243962 4287127 3373132 913995 INITIATION FEE 713910 768794 768794 BOATYARD/SLIP RENTAL 531120 559994 559994 OTHER INCOME 713910 222854 222854 1551642 12813958 11889283 924675 0 661948 4595185 55741 673835 516181 9044 1610 45387 53382 165927 579903 756517 1970932 181200 UBIT - FEDERAL AND STAT 19129 REPAIRS & MAINTENANCE 523801 RACE EXPENSES 336347 JUNIOR FLEET 295572 709775 12151416 483443 189150 10015272 11913207 4405405 5125960 146861 170641 326205 388966 171831 212529 53104705 8912043 45583776 44192662 61132793 62193115 656986 987973 8175276 8930851 18792206 18103424 27624468 28022248 X 33508325 34170867 33508325 34170867 61132793 62193115 662542 0 X X 0 1 X 1 0 5112801 5112801 39557409 3705225 35852184 8434495 5206818 3227677 44192662 X 16057920 3243962 3243962 12813958 0 12813958 15395378 3243962 3243962 12151416 0 12151416 PART X, LINE 2: ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CLUB RECOGNIZES INTEREST AND PENALTIES ACCRUED ON UNRECOGNIZED TAX EXPOSURES AS COMPONENT OF INCOME TAX EXPENSE. THE CLUB DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF DECEMBER 31, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,243,962. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,243,962. X X X 0 0 0 BRIAN ASCH GENERAL MANAGER 335464 0 130833 0 0 0 11600 0 18884 0 496781 0 0 0 MICHAEL HERR EXECUTIVE CHEF 156103 0 29450 0 0 0 7487 0 17757 0 210797 0 0 0 TRACIE PARKINSON HR/MEMBERSHIP DIRECTOR 134479 0 33700 0 0 0 6651 0 14532 0 189362 0 0 0 ANNE CONNOLLY DIRECTOR OF FINANCE 119952 0 32735 0 0 0 5669 0 6811 0 165167 0 0 0 ROBERT SHAPIRO INDIRECT BUSINESS 106664 THE ANNAPOLIS YACHT CLUB INC PURCHASED APPROXIMATELY $106,664 IN TECHNOLOGY SERVICES FROM SMART COMPUTING SOLUTIONS. ONE OF THE BOARD MEMBERS OF THE ANNAPOLIS YACHT CLUB INC, MR. ROBERT SHAPIRO, IS THE OWNER OF THE COMPANY. ALL TRANSACTIONS WERE AT FAIR MARKET VALUE AND NEGOTIATED AT ARM'S LENGTH. 0 FORM 990, PART VI, SECTION A, LINE 6 AS A SOCIAL ORGANIZATION, THE ANNAPOLIS YACHT CLUB, INC. HAS MEMBERS WHO PAY MEMBERSHIP DUES IN ORDER TO UTILIZE AND BENEFIT FROM THE CLUB'S FACILITIES AND ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ANNAPOLIS YACHT CLUB, INC. MAY ELECT MEMBERS OF THE GOVERNING BODY, THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B ANY PROPOSED CHANGES TO THE BY-LAWS MUST BE VOTED ON BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM IS COMPLETED, IT IS PRESENTED TO THE AUDIT COMMITTEE, FINANCE COMMITTEE AND THE BOARD OF GOVERNORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT-OF-INTEREST POLICY AND REPORT ANY INTERESTS THAT COULD CAUSE CONFLICT. THE POLICIES ARE REVIEWED ANNUALLY BY THE BOARD OF GOVERNORS FOR ANY CHANGES, MODIFICATIONS, ETC. VENDOR CONTRACTS ARE REVIEWED FOR POTENTIAL CONFLICTS. A CONFLICT-OF-INTEREST DOCUMENT IS PREPARED AND SIGNED FOR ANY POTENTIAL CONFLICTS. THE CONFLICT-OF-INTEREST DOCUMENTS ARE REVIEWED BY THE FINANCE COMMITTEE AND ULTIMATELY THE BOARD OF GOVERNORS, IF NECESSARY. WHEN A CONFLICT OCCURS, THE CONFLICT IS DOCUMENTED, AND THE BOARD DECIDES IF THE PERSON CAN PARTICIPATE OR RECUSE THEMSELVES FROM THE DELIBERATIONS/DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE'S ROLE IS TO ASSIST THE BOARD IN DISCHARGING ITS RESPONSIBILITIES RELATING TO COMPENSATION OF THE CLUB'S EXECUTIVES AND TO OVERSEE AND ADVISE THE BOARD ON THE ADOPTION OF POLICIES THAT GOVERN THE CLUB'S COMPENSATION AND BENEFIT PROGRAMS. THE MEMBERSHIP OF THE COMMITTEE CONSISTS OF AT LEAST THREE BOARD MEMBERS AND MAY INCLUDE CLUB MEMBERS WITH RELEVANT PROFESSIONAL EXPERIENCE. THE COMMODORE AND BOARD APPOINT THE MEMBERS OF THE COMMITTEE AND THE CHAIRPERSON. THE BOARD MAY REMOVE ANY MEMBER FROM THE COMMITTEE AT ANY TIME WITH OR WITHOUT CAUSE. THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION OF THE EXECUTIVE MANAGEMENT TEAM. THE COMMITTEE RECEIVES SALARY STUDIES EVERY OTHER YEAR PERFORMED BY CLUB MANAGERS ASSOCIATION OF AMERICA AND USES THE DATA TO REVIEW AND APPROVE THE COMPENSATION AND INCENTIVE PROGRAMS. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST. THE FORM 990 CAN ALSO BE OBTAINED ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PAGE 12, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ANNAPOLIS YACHT CLUB FOUNDATION INC 2 COMPROMISE STREET PO BOX 908 ANNAPOLIS MD 21404 311721302 SUPPORT AND DEVELOP AMATEUR SAILORS FOR NATIONAL AND INT'L RACING. MD 501(C)(3) 7 ANNAPOLIS YACHT CLUB INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0