2022-05-11T15:19:24-05:00 2021-12-31 421186197 GARDINER COMPANY PC 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2021-01-01 421467238 OKOBOJI YACHT CLUB SAILING SCHOOL INC OKOB 7123370121 PO BOX 544 MILFORD IA 51351 BRAD FARRAR EXECUTIVE DIRECTOR 7123370121 2022-05-04 1 BRAD FARRAR XXX-XX-XXXX DENNIS GARDINER CPA P02167685 5152701446 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z BRAD FARRAR PO BOX 544 MILFORD IA 51351 1680188 0 X WWW.OYCSS.ORG X 1975 IA OKOBOJI YACHT CLUB SALING SCHOOL, INC MISSION IS TO TEACH BOATING AND OTHER SAFE WATER PROCEDURES TO INDIVIDUALS IN THE GENERAL AREA OF LAKE OKOBOJI, IOWA. 28 28 14 0 0 0 47375 1072607 34757 60855 83307 224060 220914 288569 386353 1646091 0 0 0 0 98925 135724 0 0 4869 263694 336630 362619 472354 23734 1173737 5229863 6573083 1077559 1061103 4152304 5511980 X OKOBOJI YACHT CLUB SALING SCHOOL, INC MISSION IS TO TEACH BOATING AND OTHER SAFE WATER PROCEDURES TO INDIVIDUALS IN THE GENERAL AREA OF LAKE OKOBOJI, IOWA. 0 0 300550 329567 ALL OF THE CLASSES CONTINUE TO BE FORMATTED AROUND WEEKLONG CAMPS WHICH ALLOWS US TO KEEP OUR CLASS SCHEDULES SIMPLE AND FLEXIBLE. FOR OUR LEARN-TO-SAIL CLASSES WE OFFER A SERIES OF 8 ONE-WEEK CAMPS THAT ARE TAILORED TO NURTURE OUR YOUNG SAILORS AS THEY EXPERIENCE THE THRILL OF SAILING ON LAKE OKOBOJI.TINY PUFFS CLASS - THIS CLASS WILL INTRODUCE VERY YOUNG CHILDREN TO SAILING. SEVERAL SAILBOATS WILL BE RIGGED ON THE OYC LAWN FOR CHILDREN TO EXPLORE. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 20.LITTLE PUFFS CAMPS - DESIGNED FOR 6-8 YEAR OLDS AS AN INTRODUCTION TO WATER AND BOATING SAFTETY. FUN, SAFETY, AND CLOSE SUPERVISION ARE THE HALLMARKS OF OUR LITTLE PUFFS CAMPS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 117.BEGINNERS CAMPS - THESE CAMPS ARE FOR 8-12 YEAR OLDS AND WILL ALSO FOCUS ON WATER AND BOATING SAFETY. SINGLE-HANDED SAILING SKILLS WILL BE DEVELOPED. WHEN APPROPRIATE, STUDENTS IN THESE CAMPS WILL BE DIVIDED INTO TEACHING GROUPS BASED ON EXPERIENCE LEVEL. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 124.INTERMEDIATE OPTI FUNDAMENTALS - THIS CAMP IS DESIGNED FOR STUDENTS WHO HAVE PREVIOUSLY EXPERIENCED LITTLE PUFFS OR BEGINNERS CLASSES AND ARE READY TO SINGLE HAND AN OPTIMIST. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 49.PERFORMANCE SAILING - THIS CAMP WILL INTRODUCE OLDER, MORE EXPERIENCED CHILDREN TO WEST LAKE OKOBIJI AS THEY SAIL TO NEW DESTINATIONS ON THE LASER RADIAL OR THE BIC O'PEN DINGHIES. STUDENTS SELECT THEIR DESITNATIONS AFTER LEARNING HOW TO READ WEATHER FORECASTS, ONLINE MAPS, AND CHARTS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 36.ADVENTURE SAILING - THIS UNIQUE PROGRAM IS BASED IN EXPLORATION. IT IS A FUN COMBINATION OF SAILING AND SCIENCE AND HOW DISCOVERY IN BOTH FIELDS CAN WORK TOGETHER IN A STEM BASED PROGRAM. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 54. OTHER SAILING COURSES: PRIVATE LESSONS, ART WORKSHOPS, C3 CLINIC, OSC TEAM DEVELOPMENT, CREW U. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 94. 18269 20032 OUR RACING CURRICULUM IS SEGMENTED INTO THE CAMP FORMAT ALSO, WITH EACH SEGMENT FOCUSING ON A SPECIFIC ASPECT OF RACING. OPTIMIST RACING CAMPS - THIS CAMP IS DESIGNED FOR OUR MORE ADVANCED OPTI SAILORS THAT ARE READY TO MOVE INTO A COMPETITIVE SAILING PROGRAM WHILE THEY DEVELOP RECING SKILLS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 15.X-BOAT RACING CAMPS - THE X-BOAT RECING PROGRAM IS THE HALLMARK OF THE OKOBOJI SAILING CENTER. THIS PROGRAM IS DESIGNED AS A ASERIES TO PROMOTE SUMMER LONG TRAINING FOR OUR MOST ADAVNCED RACE FOCUSED SAILORS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 29. 318819 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1 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 10 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X BRAD FARRAR 7123370121 PO BOX 544 MILFORD IA 51351 X BOARD OF DIRECTORS SEE SCHEDULE O 1.00 X 0 0 0 STEVE POWERS DIRECTOR/INSTRUCTOR 10.00 X 14000 0 0 BRADLEY D FARRAR EXECUTIVE DIRECTOR 40.00 X 48077 0 0 62077 0 0 0 0 0 0 0 1072607 1800 1072607 SAILING LESSONS 611600 26955 26955 REAL PROP.LEASED TO AF 611600 25000 25000 BOAT RENTAL TO AFFILIA 611600 8900 8900 60855 51880 51880 263775 34097 229678 229678 229678 172005 175 0 0 172005 175 172180 175 172005 58891 58891 58891 1646091 349599 0 223885 62077 36718 25359 64002 47335 16667 9645 6460 3185 5754 5754 19617 19617 6273 1404 4869 6436 5148 1288 55518 13318 42200 944 944 4443 4443 19914 18669 1245 74637 74637 30102 23938 6164 DOCK AND HOIST EXPENSE 45502 45502 LANDSCAPE MAINTENANCE 20829 20829 LANDSCAPE MAINTENANCE 20829 20829 REPAIRS 7995 7995 17837 12423 5414 472354 318819 148666 4869 118379 216926 469394 2962 3664 8969 6315 4603089 1849186 2416336 2753903 489283 609937 2193934 2512944 5229863 6573083 67159 80103 1010400 981000 1077559 1061103 X 3142054 3654577 1010250 1857403 4152304 5511980 5229863 6573083 1173737 185939 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2193934 250 334768 16008 2512944 1978605 250 223963 8884 2193934 1671042 316187 8624 1978605 1813487 -134047 8398 1671042 1556515 265070 8098 1813487 0.59790 0.40210 1 0 1598606 1598606 1412319 809252 603067 683030 574965 108065 909134 464969 444165 2753903 MARKETABLE SECURITIES 2512944 F 2512944 X 1866127 185939 34097 220036 1646091 0 1646091 506451 34097 34097 472354 0 472354 PART X, LINE 2: THE ORGANIZATION EVALUATES UNCERTAIN TAX BENEFITS ARISING FROM TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED UPON THE LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. IF THE ORGANIZATION DETERMINES THAT A TAX POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED, IT RECOGNIZES THE LARGEST AMOUNT OF THE ARISING BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT IN THE FINANCIAL STATEMENTS. ANY TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT DO NOT PASS THE MORE LIKELY THAN NOT TEST, THE ORGANIZATION ESTABLISHES RESERVES OFFSETTING THE BENEFITS RELATED TO SUCH POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN THE CURRENT PERIOD PROVISION FOR INCOME TAXES IN THE ASSOCIATION'S STATEMENT OF ACTIVITIES AND ARE INCLUDED AS A CURRENT LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE RELATED TO TAX EMEMPT PURPOSES 34,097. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE RELATED TO TAX EMEMPT PURPOSES 34,097. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 OKOBOJI YACHT CLUB SAILING SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON ITS WEBSITE FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. THE RETURN IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AT ITS ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 OKOBOJI YACHT CLUB SAILING SCHOOL'S POLICIES, ORGANIZATIONAL DOCUMENTS, AND FINANICAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII SECTION A TOM RIERSON (B), A.O. ........................ AUG. 2022 ..........................................CHAIRMAN JIM CAFFREY (B), A.O. .......................... AUG. 2023 .............................. VICE CHAIRMAN BARRY SACKETT (B), A.O. ........................ AUG. 2022 .......................................... SECRETARY SHERYL JONES (B), A.O. ......................... AUG. 2022 .......................................... TREASURER ED KELLY (A) ......................................... AUG. 2023 ............................................ DIRECTOR LAWRENCE JENSEN (A) ............................ AUG. 2023 ............................................ DIRECTOR MAX HOLMES (C) ................................... AUG. 2023 ............................................ DIRECTOR FAYE HALE (C) ....................................... AUG. 2023 ............................................ DIRECTOR SARAH SHOMSHOR (C) ............................. AUG. 2023 ............................................ DIRECTOR JIM CODDINGTON (A), ............................. AUG. 2022 ............................................ DIRECTOR ERIC HOIEN (A), ..................................... AUG. 2022 ............................................ DIRECTOR RICK BERGLUND (B), LRPC .................... AUG. 2022 ............................................ DIRECTOR CRAIG BROWNLEE (B), LRPC ................... AUG. 2022 ............................................ DIRECTOR TOM EVEREST (B), LRPC ....................... AUG. 2022 ............................................ DIRECTOR STUART GERHOLD (B), LRPC .................... AUG. 2022 ............................................ DIRECTOR COLIN JENSEN (B), LRPC ....................... AUG. 2022 ............................................ DIRECTOR BRAD JONES (B), LRPC. ......................... AUG. 2022 ............................................ DIRECTOR SCOTT KASS (B), LRPC ........................... AUG. 2022 ............................................ DIRECTOR DALE NORTON III (B), LRPC. .................. AUG. 2022 ............................................ DIRECTOR DOUG PALMER (B), LRPC ....................... AUG. 2022 ............................................ DIRECTOR MARTY PALMER (B), LRPC ...................... AUG. 2022 ............................................ DIRECTOR PHIL PETERSEN (B), LRPC ....................... AUG. 2022 ............................................ DIRECTOR CHRIS RIERSON (B), LRPC ...................... AUG. 2022 ............................................ DIRECTOR MIKE THORESON (B), LRPC ................... AUG. 2022 ............................................ DIRECTOR JUDY THORESON (B), LRPC .................... AUG. 2022 ............................................ DIRECTOR BRIGID WILKENING (B), LRPC ................ AUG. 2022 ............................................ DIRECTOR STEVE CARLSON (B), LRPC ..................... AUG. 2022 ............................................ DIRECTOR FORM 990,PART XIII, LINE 2C OKOBOJI YACHT CLUB SAILING SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.