2022-11-11T19:14:39-06:00 2021-12-31 742920819 ATCHLEY & ASSOCIATES LLP 1005 LA POSADA DRIVE AUSTIN TX 78752 990 2021-01-01 746056547 AUSTIN YACHT CLUB AUST 5122661336 5906 BEACON DRIVE AUSTIN TX 78734 DAVID JAMAIL TREASURER 5122661336 2022-11-11 1 DAVID JAMAIL XXX-XX-XXXX RENAE DUNCAN P01257722 5123462086 2022-11-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DAVID JAMAIL 5906 BEACON DRIVE AUSTIN TX 78734 1157760 0 X AUSTINYACHTCLUB.ORG X 1955 TX PROMOTING THE SPORT OF SAILING ON LAKE TRAVIS THROUGH REGATTAS, RACES, AND SAIL TRAINING PROGRAMS FOR ALL AGES. 9 9 18 200 141827 71209 6419 0 880299 1125346 -2458 25 -8442 -30266 875818 1095105 0 0 0 0 232852 234288 0 0 0 619387 704286 852239 938574 23579 156531 2236591 2388226 63031 58135 2173560 2330091 PROMOTING THE SPORT OF SAILING ON LAKE TRAVIS THROUGH REGATTAS, RACES, AND SAIL TRAINING PROGRAMS FOR ALL AGES. 0 0 PROMOTION OF RECREATIONAL, SOCIAL, SAILING AND OTHER WATER SPORTS ACTIVITIES ON THE LAKES OF TEXAS 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 25 0 1 18 1 1 1 0 0 0 1 1 28150 8560 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 X JACKIE WHEELESS 5122661336 5906 BEACON DR AUSTIN TX 78734 X DANE OHE IMMEDIATE PAST COMMODORE 10.00 X X 0 0 0 FELIPE PAYET TREASURER 10.00 X X 0 0 0 DIANE COVERT COMMODORE 10.00 X X 0 0 0 ANN KITZMILLER SAIL TRAINING COMMANDER 10.00 X X 0 0 0 ANDRE DE LA REZA RACE COMMANDER 10.00 X X 0 0 0 JOHN MADDALOZZO BUILDINGS & GROUNDS COMMANDER 10.00 X X 0 0 0 CHERYL PERVIER SECRETARY 10.00 X X 0 0 0 ANNE MORLEY VICE COMMODORE 10.00 X X 0 0 0 RUSS SHERMER HARBOR COMMANDER 10.00 X X 0 0 0 0 0 0 0 0 0 0 0 DOCK RENTALS 713990 441886 441886 MEMBERSHIP DUES 713990 426384 426384 CAMP AND CLINIC INCOME 713990 191792 59973 131819 INITIATION FEES 713990 28150 28150 SAILING PROGRAM REVENU 713990 24501 18029 6472 12633 12361 272 1125346 25 25 25940 19053 6887 6887 4615 2272 6449 43602 -37153 -38120 967 1095105 953278 141827 0 219600 14688 2108 45285 5870 49834 139248 154817 REPAIRS & MAINTENANCE 107017 SAILING EXPENSES 44029 FOOD AND BEVERAGES 38474 SUPPLIERS 35317 82287 938574 659817 911443 35132 35135 46880 37391 5263 3959 39735 39417 3478466 2117585 1449764 1360881 2236591 2388226 63031 58135 63031 58135 X 2173560 2330091 2173560 2330091 2236591 2388226 156531 0 X X 1 X 0 0 0 95244 95244 1270770 986220 284550 2112452 1131365 981087 1360881 X PART X, LINE 2: THE CLUB HAS ADOPTED FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBED A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2018, AND AFTER ARE OPEN TO EXAMINATION BY FEDERAL AND LOCAL AUTHORITIES. FORM 990, PART VI, SECTION A, LINE 6 AUSTIN YACHT CLUB IS A MEMBERSHIP ORGANIZATION. THE FIVE CLASSES OF MEMBERSHIP ARE LIFE (VOTING), SENIOR (VOTING), ASSOCIATE (NON-VOTING), STUDENT (NON-VOTING) AND HONORARY (NON-VOTING). FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS THE POLICY MAKING BODY OF THE AUSTIN YACHT CLUB. THE BOARD IS ELECTED ANNUALLY DURING THE GENERAL MEMBERSHIP MEETING AT THE END OF THE YEAR. FORM 990, PART VI, SECTION A, LINE 7B ANY DECISIONS OF THE GOVERNING BODY THAT CHANGE THE ORGANIZATION'S BY-LAWS REQUIRES A QUORUM VOTE OF THE MEMBERSHIP TO BE APPROVED. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, THE TREASURER, AND A MEMBER OF THE FINANCIAL COMMITTEE REVIEW THE 990. THE TREASURER THEN PRESENTS IT TO THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COMMODORE IS RESPONSIBLE FOR ADDRESSING ANY EMPLOYEE CONFLICT OF INTEREST VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15B THE COMMODORE IS RESPONSIBLE FOR DETERMINING SALARIES FOR ALL EMPLOYEES, IN CONSULTATION WITH THE VICE COMMODORE AND IMMEDIATE PAST COMMODORE. FORM 990, PART VI, SECTION C, LINE 19 AUSTIN YACHT CLUB MEMBER HANDBOOK AND BY-LAWS ARE AVAILABLE ON THE CLUB'S WEBSITE. COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MAINTAINED IN THE OFFICE AND ARE AVAILABLE UPON REQUEST OF THE GENERAL MANAGER OF THE ORGANIZATION. PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE THE OVERSIGHT OF THE REVIEW FROM PRIOR YEAR.