2022-12-08T07:38:22-06:00 2022-09-30 043138777 PKF PC 400 CROWN COLONY DRIVE SUITE 102 QUINCY MA 02169 990 2021-10-01 041278322 EDGARTOWN YACHT CLUB EDGA 5086274361 P O BOX 1309 EDGARTOWN MA 025391309 LYNN M EVERDELL TREASURER 5086274361 2022-12-06 1 LYNN EVERDELL 999009999 ROBERT V DANDROW P00294799 6174220007 2022-12-06 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z HOWARD F POWERS JR P O BOX 1309 EDGARTOWN MA 025391309 5807794 0 X EDGARTOWNYC.ORG X 1905 MA RECREATIONAL ACTIVITIES AS WELL AS FOOD AND BEVERAGE SERVICES FOR CLUB MEMBERS. 15 15 124 247 152701 97007 257492 10000 3779180 3710464 28286 55781 147374 147381 4212332 3923626 0 0 0 0 1711715 1930082 0 0 0 1814502 1802565 3526217 3732647 686115 190979 19969676 19483770 1060356 534551 18909320 18949219 X THE EDGARTOWN YACHT CLUB WAS FOUNDED IN 1905 TO PERPETUATE THE MARITIME TRADITIONS OF EDGARTOWN AND MARTHA'S VINEYARD. THE MISSION OF THE CLUB IS TO BRING TOGETHER THOSE WHO HAVE AN ABIDING INTEREST IN YACHTING, SAILBOAT RACING, SEAMANSHIP AND COMPETITION IN THE HIGHEST CORINTHIAN SPIRIT. THE CLUB SEEKS TO ENCOURAGE THE TRADITIONS OF EXCELLENCE AND GOOD SPORTMANSHIP IN TENNIS AND SAILING, AS WELL AS TO PROMOTE THE ENJOYMENT OF DINING AND OTHER SOCIAL ACTIVITIES. WITH THESE IDEALS IN MIND, MEMBERS ARE ENCOURAGED TO GIVE FREELY OF THEIR TIME AND TALENTS IN ORDER TO ENHANCE THE QUALITY OF LIFE AT THE CLUB. 0 0 FOOD, BEVERAGE, AND RECREATIONAL ACTIVITIES FOR CLUB MEMBERS. 0 1 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 1 0 0 0 0 0 0 0 1 0 0 1 26 0 124 1 1 1 0 0 0 1 1 961260 196601 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE CLUB 5086274361 ONE DOCK ST EDGARTOWN MA 02539 X HOWARD F POWERS JR COMMODORE 5.00 X X 0 0 0 RUSS SALISBURY VICE COMMODORE 5.00 X X 0 0 0 ANDREW C SMITH REAR COMMODORE 5.00 X X 0 0 0 KIMBERLY G KANE TREASURER 4.00 X 0 0 0 PATRICK E BRADLEY SECRETARY 3.00 X 0 0 0 ELIZABETH BALAY TRUSTEE 2.00 X 0 0 0 D BLAKE BATH SR TRUSTEE 2.00 X 0 0 0 JILL COYLE TRUSTEE 2.00 X 0 0 0 KENNETH DOBULER TRUSTEE 2.00 X 0 0 0 BARBARA T EMERY TRUSTEE 2.00 X 0 0 0 LYNN M EVERDELL TRUSTEE 2.00 X 0 0 0 WILLIAM A FINN TRUSTEE 2.00 X 0 0 0 JONATHAN LINDENBERG TRUSTEE 2.00 X 0 0 0 ALLYSON R PACHIOS TRUSTEE 2.00 X 0 0 0 ERIC REAMAN TRUSTEE 2.00 X 0 0 0 STEPHEN REYNOLDS TRUSTEE 2.00 X 0 0 0 IAN M SMITH TRUSTEE 2.00 X 0 0 0 JOSEPH HOLLAND DIRECTOR OF TENNIS 40.00 X 257757 0 33819 WILLIAM J ROMAN CLUB MANAGER 52.00 X 200221 0 36025 SCOTT FISH CONTROLLER/ADMINISTRATIVE MANAGER 50.00 X 137337 0 36051 EZRA AGNEW MAINTENANCE SUPERVISOR 40.00 X 105783 0 36852 701098 0 142747 4 0 1 0 4 10000 10000 MEMBERSHIP DUES AND ASSESSMENTS 713910 2786163 2786163 TENNIS FEES 713910 450570 450570 SAILING COMMITTEE 713910 251341 251341 FITNESS CENTER 713990 142940 142940 REGATTA 713990 45756 8310 37446 33694 33694 3710464 43920 43920 136035 84743 51292 51292 51292 118102 106241 11861 11861 11861 1789273 1693184 96089 87907 8182 3923626 3760925 152701 0 1407950 73165 314532 134435 34258 38276 72321 143976 68355 336270 11205 3557 586349 83567 SAILING 149253 FITNESS CENTER 144452 TENNIS 58881 UBIT - TAXES 31201 40644 3732647 172762 196724 865906 848519 817810 711400 94566 104792 25964 42463 23992492 7851512 16550279 16140980 1435389 1438892 7000 0 19969676 19483770 362631 406809 508274 0 189451 127742 1060356 534551 X 18909320 18949219 18909320 18949219 19969676 19483770 190979 -212789 61709 0 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4012700 4012700 14934399 4017743 10916656 3349817 2561171 788646 1695576 1272598 422978 16140980 DEFERRED TAX LIABILITY 127742 127742 X PART X, LINE 2: MANAGEMENT OF THE CLUB HAS EVALUATED ITS UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. X X X 0 0 0 JOSEPH HOLLAND DIRECTOR OF TENNIS 94781 0 20185 0 142791 0 7653 0 26166 0 291576 0 0 0 WILLIAM J ROMAN CLUB MANAGER 159500 0 40721 0 0 0 14917 0 21108 0 236246 0 0 0 SCOTT FISH CONTROLLER/ADMINISTRATIVE MANAGER 108176 0 22048 0 7113 0 9598 0 26453 0 173388 0 0 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 10000 CONTRIBUTION 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS FOUR CLASSES OF MEMBERSHIP: ACTIVE MEMBERS (INCLUDING FAMILY AND INDIVIDUAL MEMBERSHIPS), JUNIOR MEMBERS, HONORARY MEMBERS, AND MEMBERS ON LEAVE OF ABSENCE. FORM 990, PART VI, SECTION A, LINE 7A THE ACTIVE MEMBERS ELECT THE MEMBERS OF THE CLUB'S GOVERNING BODY (TRUSTEES) AND THE CLUB'S OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING. THE 990 WAS REVIEWED BY THE TREASURER, GENERAL MANAGER AND CONTROLLER/ADMINISTRATIVE MANAGER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, STAFF WITH SIGNIFICANT DECISION-MAKING AUTHORITY ("STAFF"), AND INDIVIDUALS RELATED TO OR ASSOCIATES OF BOARD MEMBERS AND/OR STAFF, COLLECTIVELY REFERRED TO AS "INTERESTED PERSONS". EACH INTERESTED PERSON COMPLETED A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE WHEN THE POLICY WAS IMPLEMENTED. ADDITIONALLY A QUESTIONNAIRE IS COMPLETED WHEN A PERSON BECOMES AN INTERESTED PARTY. ANNUAL COMPLETION OF A DISCLOSURE QUESTIONNAIRE AND COMPLIANCE CERTIFICATE ARE REQUIRED. THE REVIEW OF THE QUESTIONNAIRES AND COMPLIANCE CERTIFICATES ARE REVIEWED IN ACCORDANCE WITH THE POLICY. FINALLY, IN ADDITION TO THE ANNUAL PROCESS, ALL INTERESTED PARTIES ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB'S FINANCE COMMITTEE UTILIZES INDUSTRY COMPARABLES AND LOCAL AREA SURVEYS, COMBINED WITH A JOB PERFORMANCE EVALUATION, TO DETERMINE THE COMPENSATION PACKAGE FOR ITS GENERAL MANAGER AND CONTROLLER/ADMINISTRATIVE MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XII, LINE 2C: THE CLUB HAS AN AUDIT COMMITTEE WHO ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE REVIEW PROCESS AND THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EDGARTOWN YACHT CLUB FOUNDATION INC 1 DOCK STREET EDGARTOWN MA 02539 474512715 PRESERVATION OF HISTORIC STRUCTURES MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0