2022-11-15T08:27:10-05:00 2021-12-31 341664586 PAYNE NICKLES & COMPANY 257 BENEDICT AVENUE BLDG D NORWALK OH 44857 990 2021-01-01 344346633 SANDUSKY YACHT CLUB INC SAND 4196256567 529 E WATER STREET SANDUSKY OH 44870 MIKE CLAAR TREASURER 4196256567 2022-11-14 true MIKE CLAAR 999009999 DAVID W BRINK CPA P00041999 4196682552 2022-11-14 2021 2022-09-23 18:48:47Z WILLIAM ZUCKER 529 E WATER ST SANDUSKY OH 44870 3232581 false X SANDUSKYYACHTCLUB.COM X 1894 OH OPERATION OF YACHT CLUB FOR MEMBERS 9 9 82 98 91978 1500 200 1852225 1827168 64 -320 743639 897121 2597428 2724169 0 0 1060098 1274629 0 0 983262 1098104 2043360 2372733 554068 351436 3332317 3864436 3724535 3981799 -392218 -117363 OPERATION OF YACHT CLUB FOR MEMBERS false false TO ADVANCE, PROMOTE, SHARE AND IMPROVE KNOWLEDGE RELATED TO YACHTING, SEAMANSHIP, NAVIGATION AND RACING. OPERATION OF CLUBHOUSE, RESTAURANT, MARINA, SHIP'S STORE, AND POOL FOR MEMBERS. PUBLICATION OF MONTHLY NEWSLETTER "THE WATCH" false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 16 0 82 true true true false false false false 55396 137769 false false false X 9 9 false false false false true true true true true false false false true true true false true true true false X MIKE CLAAR 4196256567 529 E WATER ST SANDUSKY OH 44870 DAVID DUNN GENERAL MANA 60.00 X 119571 0 17922 MIKE CLAAR TREASURER 1.00 X X 0 0 1000 MARK DAHLMANN SECRETARY 1.00 X X 0 0 1000 PETER MCGORY LEGAL OFFICE 1.00 X X 0 0 1000 BRIAN ALLEN TRUSTEE 1.00 X 0 0 0 JOHN BAUER TRUSTEE 1.00 X 0 0 0 JEFF CLAAR CHAPLAIN 1.00 X X 0 0 0 CONNIE FRISCH TRUSTEE 1.00 X 0 0 0 DOUG JACKSON TRUSTEE 1.00 X 0 0 0 DRU MEREDITH VICE COMMODO 1.00 X X 0 0 0 JAMES PRIEBE TRUSTEE 1.00 X 0 0 0 BOB RANSOM FLEET CAPTAI 1.00 X X 0 0 0 KATHY RUNNER TRUSTEE 1.00 X 0 0 0 ANDY SAUSSER REAR COMMODO 1.00 X X 0 0 0 JOHN SPECK TRUSTEE 1.00 X 0 0 0 TOM TUCKER TRUSTEE 1.00 X 0 0 0 GRANT WALLS TRUSTEE 1.00 X 0 0 0 WILLIAM ZUCKER COMMODORE 1.00 X X 0 0 0 119571 20922 1 false false false 200 200 MEMBERSHIP DUES 713990 919599 919599 PERMANENT DOCKS 713990 645590 645590 CAPITAL DUES GIFTS 713990 68900 68900 CAPITAL DUES 713990 65100 65100 INITIATION FEES 713990 55396 55396 72583 69697 2886 1827168 509 509 829 -829 -829 -829 1 1 1161749 507583 654166 565074 89092 EMPLOYEE RETENTION CREDIT 900099 185367 185367 WORKERS' COMP 900099 38129 38129 CARES MEDICAL PREMIUM CREDIT 900099 10352 10352 9106 9106 242954 2724169 2631990 91978 137493 876008 20232 126564 114332 14080 4623 4332 22445 23668 288589 91548 208725 48561 SUPPLIES 78955 TAXES - OTHER 62614 BANK FEES 49265 PROMO IN CLUB 37329 163370 2372733 0 0 0 6209 4909 640372 785261 323258 511108 57520 61955 29772 47923 10153957 8130116 2005432 2023841 269754 429439 3332317 3864436 175756 175131 1151019 1126398 2800 1774 2367578 2576821 27382 101675 3724535 3981799 X 283100 392100 -675318 -509463 -392218 -117363 3332317 3864436 351436 -76581 X false false false 219875 219875 3369892 2222076 1147816 951615 895790 55825 5612575 5012250 600325 2023841 CAPITAL DUES RESTRICTED CASH CIVISTA 393034 UNAMORTIZED LOAN COSTS 28055 CONSTRUCTION IN PROCESS 9284 CAPITAL DUES - PAYALE TO SYC -934 429439 SUBM. LAND LEASE LIAB. 84081 UNAMORTIZED COPIER CONTRACT BUY OUT 11171 SYC GIFT CARD ACCT 4870 MEMBER TO STAFF DONATIONS 1133 CABLE BOX DEPOSITS 420 101675 DRU MEREDITH CAPITAL IMPROVEMENT X 987 false true true JEFF CLAAR CAPITAL IMPROVEMENT X 787 false true true 1774 SCHEDULE L, PART V THROUGH SEPTEMBER 2020 EACH SANDUSKY YACHT CLUB MEMBER LOANED MONEY INTO THE CAPITAL IMPROVEMENT FUND (CIF) AT A SET AMOUNT OF 100 PER YEAR UP TO A MAXIMUM OF 1,500. THE YACHT CLUB COULD USE THE PRINCIPAL TO FUND CAPITAL IMPROVEMENT PROJECTS BUT PAID INTEREST ON THE BORROWED MONEY TO THE CIF FUND. A COMMITTEE APPOINTED BY THE TRUSTEES OVERSAW THE CIF. THE LOAN BECAME DUE WHEN THE MEMBER TERMINATED HIS/HER MEMBERSHIP. IN SEPTEMBER 2020, THE PROCESS CHANGED. MEMBERS WOULD BE CHARGED 100 CAPITAL DUES ANNUALLY UNTIL THEY TERMINATED THEIR MEMBERSHIP. HOWEVER, MEMBERS COULD TURN OVER THEIR 1,500 CIF BALANCES OR BUY UP TO 1,500 TO TURN OVER THEIR BALANCES TO THE CAPITAL DUES FUND TO NOT HAVE TO PAY CAPITAL DUES IN THE FUTURE. ALTERNATIVELY, MEMBERS COULD LEAVE THEIR CIF MONEY IN THE FUND TO PAY THEIR CAPITAL DUES (PLUS SALES TAX) ANNUALLY UNTIL THEIR BALANCES ARE EXHAUSTED. AT 12/31/21, SOME MEMBERS WITH CIF LOAN BALANCES HAD NOT DECIDED THEIR COURSE OF ACTION. FORM 990, PART VI LINE 13 - WRITTEN WHISTLEBLOWER POLICY. THERE IS A WRITTEN WHISTLEBLOWER POLICY IN PLACE FOR THE EMPLOYEES BUT THERE IS NOT A POLICY IN PLACE FOR THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION IS A MEMBER CLUB. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE YACHT CLUB ELECT THE TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERS HAVE RIGHTS ACCORDING TO THE BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE TREASURER, COO AND COMMODORE PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT QUESTIONNAIRE IS COMPLETED BY OFFICERS AND TRUSTEES ANNUALLY AND REVIEWED BY THE COO. FORM 990, PAGE 6, PART VI, LINE 15A THE SALARY OF THE COO IS REVIEWED ANNUALLY AND VOTED UPON BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER COMPENSATION IS DETERMINED BY THE BY-LAWS AND SET BY THE CURRENT TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERS ONLY. THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.