2022-11-02T11:06:14-05:00 2021-12-31 721396621 CARR RIGGS & INGRAM LLC 215 BAYTREE DRIVE MELBOURNE FL 32940 990 2021-01-01 590932703 EAU GALLIE YACHT CLUB INC EAUG 3217732600 100 DATURA DRIVE INDIAN HARBOUR BEACH FL 32937 JOSEPH HARRIS TREASURER 3217732600 2022-11-01 1 JOSEPH HARRIS 999009999 MICHAEL S CEROW CPA P00059837 3212550088 2022-11-01 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JULIA PARR 100 DATURA DRIVE INDIAN HARBOUR BEACH FL 32937 7878672 0 X WWW.EGYACHTCLUB.COM X 1907 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 189 0 286835 20389 673036 0 3787430 4460128 -23925 -15949 1602683 2255029 6039224 6699208 0 0 0 0 2913712 3839764 0 0 0 1576630 1956857 4490342 5796621 1548882 902587 10572305 11623071 595153 743332 9977152 10879739 X EAU GALLIE YACHT CLUB IS A PRIVATE MEMBER ONLY CLUB WHERE FRIENDS AND FAMILY CAN MEET IN A SOCIAL AND RELAXED ATMOSPHERE. THE CLUB PROVIDES DINING, BANQUET FACILITIES, BOAT DOCKAGE, TENNIS COURTS, AND A VARIETY OF FUNCTIONS THROUGHOUT THE YEAR TAILORED TO THE NEEDS AND WISHES OF MEMBERSHIP. 0 0 THE CLUB PROVIDES FOOD, BEVERAGES, TENNIS, AND DOCKING FACILITIES FOR MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 189 1 1 1 0 0 0 1 1 837150 409158 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X JULIA PARR CONTROLLER AND THOMAS MALISKO GM 3217732600 100 DATURA DRIVE INDIAN HARBOUR BEACH FL 32937 SEAMUS ROWE COMMODORE 5.00 X X 0 0 0 DONALD MCGEE VICE-COMMODORE 2.00 X X 0 0 0 LORRAINE TOTTY REAR COMMODORE 2.00 X 0 0 0 STEVE YOUNG GOVERNOR 2.00 X 0 0 0 DAVID PANICOLA GOVERNOR 2.00 X 0 0 0 JOSEPH HARRIS TREASURER 2.00 X X 0 0 0 CAREY GLEASON GOVERNOR 2.00 X 0 0 0 THERESA FARNSWORTH GOVERNOR 2.00 X 0 0 0 PAUL DUPRE SECRETARY 2.00 X X 0 0 0 JULIA PARR CONTROLLER 40.00 X 142304 0 18651 TOM MALISZKO GENERAL MANAGER 40.00 X 221392 0 34637 JAMES ROESCH TENNIS PROFESSIONAL 40.00 X 160231 0 19570 MARK ADAMS HEAD CHEF 40.00 X 128045 0 18369 651972 0 91227 4 0 1 0 0 MEMBERSHIP DUES 713990 2593879 2593879 INITIATION FEES 713990 837150 837150 TENNIS AND FITNESS 713990 578543 578543 SUMMER YOUTH PROGRAM AND SAILING 713990 236960 169860 67100 DOCKS 713990 213596 206864 6732 4460128 2 2 8151 24102 -15951 -15951 -15951 3405354 1155362 2249992 2036991 213001 INSURANCE PROCEEDS 713990 5037 5037 5037 6699208 6428324 286835 -15951 743198 2465886 41051 356223 233406 20756 15000 4753 59936 78976 288479 7044 548923 170705 RESTAURANT EXPENSES 275558 CLUBHOUSE EXPENSES 152130 FITNESS EXPENSE 102788 TENNIS EXPENSES 67513 164296 5796621 450 450 3035486 4022277 433688 647480 173237 210843 129957 136362 13544430 6954012 6784751 6590418 14736 15241 10572305 11623071 549257 705764 45896 37568 595153 743332 X 9432398 10434245 544754 445494 9977152 10879739 10572305 11623071 902587 0 X X 1 X 0 1 0 1251351 1251351 6770564 3830007 2940557 2796425 1581896 1214529 2726090 1542109 1183981 6590418 BANQUET DEPOSITS 6325 DUES, FEES, AND CHARGES COLLECTED 6723 HOUSE DUES 1750 APPLICATION DEPOSITS 21200 CONTRACT LIABILITIES 1570 37568 X PART X, LINE 2: UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, THE CLUB IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM CERTAIN RESTAURANT SALES, DOCKAGE, ADVERTISING, TENNIS, AND INVESTMENT INCOME. THE CLUB UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2021 AND 2020, THE CLUB HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CLUB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2018. X X 0 0 0 TOM MALISZKO GENERAL MANAGER 185192 0 36200 0 0 0 5607 0 29030 0 256029 0 0 0 JAMES ROESCH TENNIS PROFESSIONAL 154831 0 5400 0 0 0 4840 0 14730 0 179801 0 0 0 JULIA PARR CONTROLLER 127304 0 15000 0 0 0 3921 0 14730 0 160955 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE CLUB OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: RESIDENT MEMBERS (1 VOTE PER MEMBERSHIP, NOT TO EXCEED 900 VOTING MEMBERSHIPS), HONORARY MEMBERS (1 VOTE IF PAYING DUES OF A RESIDENT MEMBER), AND LIFETIME MEMBERS (1 VOTE IF RESIDENT MEMBER PRIOR TO TRANSFER TO THIS CATEGORY). FORM 990, PART VI, SECTION A, LINE 7B BOARD OF DIRECTORS DECISIONS SUBJECT TO MEMBERSHIP APPROVAL ARE CAPITAL PROJECTS IN EXCESS OF $100,000, INCREASE IN DUES, AND CHANGES IN THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BOARD DELGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER, GENERAL MANAGER, AND CONTROLLER. OTHER BOARD MEMBERS MAY REVIEW IF THEY DESIRE. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEE CONFLICTS ARE NOT PERMITTED. BOARD MEMBER CONFLICTS ARE PERMITTED WITHIN THE SCOPE AND BUDGET OF WORK APPROVED BY THE BOARD FOR CAPITAL PROJECTS AND THE GENERAL MANAGER FOR REGULAR MAINTENANCE AND OTHER OPERATING EXPENSES. WHEN A CONFLICT EXISTS, THE BOARD MEMBER IS NOT PERMITTED TO VOTE ON THE PROJECT AND MAY BE REMOVED FROM DISCUSSION WITHIN THE BOARD OR COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 15 POSITIONS ARE COMPENSATED BASED ON THIRD PARTY SUPPLIED COMPENSATION DATA FOR THE CLUB INDUSTRY. GM REVIEW IS CONDUCTED BY THE COMMODORE WITH ADVISEMENT FROM THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH INSPECTION AT THE CLUB.