2022-11-08T14:30:11-06:00 2021-12-31 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2021-01-01 110900170 HUNTINGTON YACHT CLUB HUNT 6314274949 95 EAST SHORE ROAD HUNTINGTON NY 11743 STAN SOMMERS COMMODORE 6314274949 2022-11-08 1 STAN SOMMERS 999009999 MATT BURKE P00760659 6315821600 2022-11-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z STAN SOMMERS 95 EAST SHORE ROAD HUNTINGTON NY 11743 2729377 0 X WWW.HUNTINGTONYACHTCLUB.COM X 1894 NY THE CLUB OFFERS ITS MEMBERS FULL YACHT CLUB FACILITIES, INCLUDING A STATE-OF-THE-ART 103-SLIP MARINA; A FIELD OF 54 MOORINGS; A FULL SERVICE FUEL DOCK WITH HIGH SPEED PUMPS DISPENSING BOTH GAS AND DIESEL; AN OLYMPIC-SIZED SWIMMING POOL WITH SNACK CENTER; A RESTAURANT; A FULL-SERVICE BAR; AND A TWO-LEVEL CLUBHOUSE USED FOR LOUNGING, MEALS, AND SOCIAL EVENTS. 13 13 61 0 151197 57525 0 102084 1365644 1721824 14260 15018 292456 352222 1672360 2191148 0 0 0 0 536678 582327 0 0 0 1138574 1203421 1675252 1785748 -2892 405400 3791730 4070342 2866291 2749615 925439 1320727 THE PURPOSE OF THE ORGANIZATION IS TO OFFER ITS MEMBERS FULL YACHT CLUB FACILITIES INCLUDING BOATING AND RECREATIONAL ACTIVITIES, AS WELL AS SOCIAL GATHERINGS AT THE CLUB'S RESTAURANT. 0 0 1254535 1864252 RECREATIONAL FACILITIES FOR ITS MEMBERS 122753 209794 THE RESTAURANT PROVIDES A SOCIAL MEETING PLACE FOR THE MEMBERS 1377288 0 1 0 0 0 0 0 0 1 1 0 0 0 1 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 2 0 1 61 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 NY X THE ORGANIZATION 6314274949 95 EAST SHORE ROAD HUNTINGTON NY 11743 X MARK SHIKOWITZ TRUSTEE 1.00 X 0 0 0 TONY HOOJAN TRUSTEE 1.00 X 0 0 0 MANNY CASAMASINA TRUSTEE 1.00 X 0 0 0 LES LERNER TRUSTEE 1.00 X 0 0 0 SALVATORE VETRANO TRUSTEE 1.00 X 0 0 0 ROBERT G ALLEN TRUSTEE 1.00 X 0 0 0 RANDY SEIDER TRUSTEE 1.00 X 0 0 0 FRANK MESSINA COMMODORE 3.00 X 0 0 0 STAN SOMMERS VICE COMMODORE 3.00 X 0 0 0 FRED MESTRANDREA TREASURER 3.00 X 0 0 0 JACK POSNER REAR COMMODORE 3.00 X 0 0 0 VICTOR LEE SECRETARY 3.00 X 0 0 0 ELIOT LEVINE FLEET CAPTAIN 3.00 X 0 0 0 0 0 0 0 0 0 0 0 102084 102084 MEMBERSHIP DUES 713990 1721824 1585645 136179 1721824 15018 15018 680557 538229 142328 47905 94423 RESTAURANT REVENUE 900099 209794 209794 LADIES' AUXILARY 900099 100 100 209894 2191148 1843444 245620 0 502866 355069 147797 40983 28976 12007 38478 26935 11543 45103 12111 32992 97236 33472 63764 68811 68811 190560 170060 20500 129984 123485 6499 INCOME TAX 1197 1197 BUILDING AND GROUNDS 291025 266844 24181 UTILITIES 177598 168718 8880 HOUSE AND RESTAURANT 122753 122753 79154 68865 10289 1785748 1377288 408460 0 495308 1333666 551997 349466 535715 32551 30000 10887 10000 5157244 3221785 2126019 1935459 225502 225502 3791730 4070342 98142 23461 1583633 2237633 817165 367351 488521 2866291 2749615 X 925439 1320727 925439 1320727 3791730 4070342 405400 -10112 0 X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 428140 -5287 422853 428140 428140 428140 428140 431611 6260 9731 428140 431611 431611 1.00000 0 0 280029 280029 2508834 1256496 1252338 2368381 1965289 403092 1935459 OTHER LIABILITIES 14000 MEMBERSHIP BONDS PAYABLE 277100 MEMBERSHIP CERTIFICATES 190000 PAYROLL TAX LIABILITIES 7421 488521 X PART V, LINE 4: CASH AND MARKETABLE SECURITIES HELD IN A BROKERAGE ACCOUNT DESIGNATED FOR LONG-TERM INVESTMENT PURPOSES. HALF OF REALIZED EARNINGS MAY BE USED FOR CLUB OPERATIONS, WHILE THE OTHER HALF MUST BE RETAINED FOR FUTURE INVESTMENT. PART X, LINE 2: THE CLUB HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE CLUB BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE CLUB'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE CLUB HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2021. THE CLUB'S MANAGEMENT HAS REGISTERED IN ALL STATES IN WHICH IT BELIEVES IT IS REQUIRED TO BE REGISTERED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO MAY RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MEET PERIODICALLY OR BY DEMAND TO REVIEW AND APPROVE ANY DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY MEETS TO REVIEW THE RETURN AND COMMUNICATE TO THE PREPARER ANY NECESSARY CHANGES BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. IN ADDITION, THE 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG AND COPIES OF ALL DOCUMENTS ARE AVAILABLE AT THE CORPORATE OFFICES FOR REVIEW DURING NORMAL BUSINESS HOURS.