2022-05-16T11:40:48-07:00 2021-12-31 JAMES W WADMAN CPA 295 MAIN ST ELLSWORTH ME 04605 990 2021-01-01 010202445 Grindstone Association GRIN 2076109440 PO Box 12 Winter Harbor ME 04693 Stephen Myers Treasurer 2022-05-16 true Stephen Myers 999009999 James W Wadman CPA P01362797 2076676500 X 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Stephen Myers 4436 Abbot Ave Dallas TX 75205 677119 false X N/A X 1948 ME Social club 13 0 18 268895 186702 70000 352342 402106 31952 205013 0 384294 677119 0 0 187392 193318 0 0 213172 282198 400564 475516 -16270 201603 4344194 4949323 3425 27109 4340769 4922214 Social club false false 414950 393239 Activities promote the social interaction and fellowship of members 414950 false true false false false false false false true true true 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 true false false true X 7 0 true 18 true true true false false false false 3667 63883 false false false X 13 0 false false false false true true false true true false false false false false false false false false ME X Michelle Smith 2076109440 PO Box 32 Birch Harbor ME 04613 X Ellin Miller President 0.00 0.00 X X 0 0 0 Chandler Williams Vice President 0.00 0.00 X X 0 0 0 Stephen Myers Treasurer 0.00 0.00 X X 0 0 0 Marian Ide Secretary 0.00 0.00 X X 0 0 0 Nathaniel Reed Director 0.00 0.00 X 0 0 0 Amanda Nichols Director 0.00 0.00 X 0 0 0 Theodore Murphy Director 0.00 0.00 X 0 0 0 Robert Hatcher Director 0.00 0.00 X 0 0 0 Virginia Logan Director 0.00 0.00 X 0 0 0 Joseph Townsend Director 0.00 0.00 X 0 0 0 Jack Swope Director 0.00 0.00 X 0 0 0 Priscilla Lukens Director 0.00 0.00 X 0 0 0 Nicole Kirchoff Sargent Director 0.00 0.00 X 0 0 0 0 false false false 0 70000 70000 Greens/Pool/Tennis Fees 77000 14218 62782 Initiation Fees 3667 3667 Membership Dues & Assessments 314550 314550 Other Income 5789 5789 Support Fee 1100 1100 402106 57418 57418 0 0 0 147595 147595 147595 147595 0 0 0 0 677119 338224 268895 0 0 0 0 0 0 178409 178409 0 0 14909 14909 0 0 11975 11975 0 0 0 4552 4552 0 1500 1500 0 0 106738 106738 0 0 0 0 0 49955 49955 23445 23445 Federal Income Tax 39207 39207 Supplies 34354 34354 State Income Tax 6808 6808 Miscellaneous 3664 3664 0 475516 416026 59490 0 26870 142635 0 0 13198 13778 0 0 0 0 28950 6606 1506299 1049068 481876 457231 3063723 3612776 729575 716297 0 0 2 0 4344194 4949323 3425 3660 23449 3425 27109 X 379033 313807 3961736 4608407 4340769 4922214 4344194 4949323 201603 379842 X true X false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3657913 584788 49000 4193701 3114761 543161 9 3657913 2684495 430286 20 3114761 2795857 -111290 72 2684495 2600893 304084 109120 2795857 false false false 284219 284219 500281 500281 721799 721799 1049068 -1049068 457231 716297 20092 State Income Tax Payable 3357 23449 Part V, Line 4: Intended uses of the endowment fund. There are two endowment funds - a $1,000,000 permanent endowment, with a fair market value of $2,704,582. The $1,704,582 of income earned is treated as a temporarily restricted asset and is to be used for the operation and maintenance of the swimming pool, pool house and parking lot and a $1,489,119 temporarily restricted endowment that the $989,119 of income and the $500,000 of principal may be used for capital repair and replacement of existing facilities, including the swimming pool, pool house and parking lot. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The members represent people from the State of Maine and across the country vacationing in the Winter Harbor, Maine area that pay membership dues in order to help maintain and upkeep the Association's facilities. As a result of paying those membership dues, the members are allowed to use the Association's facilities for the purpose of social interaction and fellowship. Form 990, Part VI, Line 11b: Form 990 Review Process The President and Treasurer review the 990 before it is signed and filed. The governing body members are spread throughout the United States, making it difficult to have them review the 990 before it is filed. The Association makes every attempt to get the 990 filed timely. Once the 990 is completed, a copy is sent to all officers for their review. If they have any questions, they contact the Treasurer, who in turns answers the question or gets an answer to the question. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon request, copies of the documents will be supplied to the public Winter Harbor Yacht Club PO Box 2 Winter Harbor ME 04693 263902562 Social Club - Yacht Club ME 7 N/A false false false false false false false false false false true false false false false true false false false false Winter Harbor Yacht Club j 1 Nominal Winter Harbor Yacht Club o 1100 In lieu of mem.