2022-11-15T10:52:38-06:00 2021-12-31 271728945 PKF O'CONNOR DAVIES LLP 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2021-01-01 050209115 RHODE ISLAND YACHT CLUB RHOD 4019413335 ONE OCEAN AVENUE CRANSTON RI 02905 PAMELA DALY TREASURER 4019413335 2022-11-09 1 PAMELA DALY 999009999 KERRI RAWCLIFFE P01398485 4016216200 2022-11-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PAMELA DALY ONE OCEAN AVENUE CRANSTON RI 02905 1116331 0 X WWW.RIYACHTCLUB.ORG X 1877 RI TO PROVIDE MEANS FOR THE RECREATION AND ENTERTAINMENT OF ITS MEMBERS, BY ESTABLISHING AND MAINTAINING A CLUB WITH THE PROPER ANCHORAGE, MARINA AND RELATED FACILITIES TO PROMOTE YACHTING, SEAMANSHIP AND SOCIAL ACTIVITIES. 15 15 40 15 35265 28 2012 101776 506331 519585 5784 1028 32028 84572 546155 706961 0 0 0 0 63181 86624 0 0 0 394844 452544 458025 539168 88130 167793 1685908 2247792 1114010 1508101 571898 739691 TO PROVIDE MEANS FOR THE RECREATION AND ENTERTAINMENT OF ITS MEMBERS, BY ESTABLISHING AND MAINTAINING A CLUB WITH THE PROPER ANCHORAGE, MARINA AND RELATED FACILITIES TO PROMOTE YACHTING, SEAMANSHIP AND SOCIAL ACTIVITIES. 0 0 CONDUCTING NORMAL OPERATIONS OF A YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS INCLUDING WATERFRONT ANCHORAGE AND MARINA FACILITIES. MAINTAINING DINING AND LOUNGE FACILITIES FOR THE SOCIAL GATHERING OF MEMBERS AND THEIR GUESTS. CLUB RACING AND OTHER CLUB EVENTS AND SOCIAL ACTIVITIES. 0 1 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 1 0 0 40 1 1 1 0 0 0 0 7320 19754 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 X MARK GALLAGHER 4019410220 ONE OCEAN AVE CRANSTON RI 02905 X DAVID TESSITORE JUNIOR EX-COMMODORE 10.00 X X 0 0 0 RICHARD MAGNANT COMMODORE 10.00 X X 0 0 0 ROBERT O'BRIEN ANCHORAGE 1.00 X 0 0 0 OWEN HARREN REAR COMMODORE 10.00 X X 0 0 0 MARK GALLAGHER TREASURER 10.00 X X 0 0 0 AL COLEMAN BUILDING & GROUNDS 1.00 X 0 0 0 MARISA GALLO JUNIOR ACTIVITIES 1.00 X 0 0 0 MARK BRUTZMAN HOUSE 1.00 X 0 0 0 JAMES CAIN III LIBRARY/YEARBOOK 1.00 X 0 0 0 BRIAN CHOINIERE MEMBERSHIP 1.00 X 0 0 0 NICHOLAS GALLO WAYS & MEANS 1.00 X 0 0 0 HOLLY HUNT SECRETARY 10.00 X X 0 0 0 MICHAEL MOAN RACE 1.00 X 0 0 0 MARIA DUNBAR SOCIAL 1.00 X 0 0 0 CRAIG FORBES VICE COMMODORE 10.00 X X 0 0 0 0 0 0 0 0 0 0 0 101376 400 101776 DOCK & MOORING FEES 713990 307814 307814 MEMBERSHIP DUES & ASSE 713990 166963 166963 SOCIAL ACTIVITIES 713990 25239 25239 INITIATION FEES 713990 7320 7320 MISCELLANEOUS MEMBER R 713990 6730 6730 5519 2364 3155 519585 1028 1028 68300 39360 28940 28940 28940 410328 370010 40318 38176 2142 OTHER INCOME 713990 12366 12366 MEMBER FINANCE CHARGES 713990 2238 2238 BAD DEBT RECOVERY 713990 710 710 15314 706961 569210 35265 710 58184 28440 5000 3745 4682 24419 38418 56604 2642 44453 79215 56769 DOCK & MOORING EXPENSES 39380 SOCIAL & ENTERTAINMENT 23267 CLUBHOUSE EXPENSES 20836 CLEANING AND JANITORIAL 15398 37716 539168 86644 719023 361276 162525 46544 164617 19340 18835 35316 29085 4039640 3085291 932620 954349 15300 10490 188868 188868 1685908 2247792 34152 36566 155699 279322 908734 1173158 15425 19055 1114010 1508101 X 571898 739691 571898 739691 1685908 2247792 167793 0 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 169481 169481 1341886 832118 509768 216305 165175 51130 2311968 2087998 223970 954349 COLLECTIBLES 188868 188868 MEMBER BONDS 6900 RENTAL DEPOSITS 12155 19055 X 1115083 409370 409370 705713 1248 1248 706961 947290 409370 409370 537920 1248 1248 539168 PART X, LINE 2: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO DECEMBER 31, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 370,010. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 39,360. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBER FINANCE CHARGES 1,248. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 370,010. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 39,360. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBER FINANCE CHARGES 1,248. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE NOMINATED FOR PARTICULAR BOARD POSITIONS BY THE NOMINATING COMMITTEE. THE NOMINEES ARE POSTED PRIOR TO THE ANNUAL MEETING. MEMBERS MAY ALSO NOMINATE CANDIDATES IN OPPOSITION SUBJECT TO CERTAIN RULES. THE ELECTION OF THE BOARD OF DIRECTORS IS HELD AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE NOMINATED FOR PARTICULAR BOARD POSITIONS BY THE NOMINATING COMMITTEE. THE NOMINEES ARE POSTED PRIOR TO THE ANNUAL MEETING. MEMBERS MAY ALSO NOMINATE CANDIDATES IN OPPOSITION SUBJECT TO CERTAIN RULES. THE ELECTION OF THE BOARD OF DIRECTORS IS HELD AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B SEE 7A FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY ITS OUTSIDE ACCOUNTANTS AND REVIEWED BY THE TREASURER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC. THE FINANCIAL STATEMENTS AND ALL OTHER DOCUMENTS ARE AVAILABLE FOR MEMBERS TO VIEW UPON REQUEST. FORM 990 PART XI LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF ITS FINANCIAL STATEMENT AUDIT, AS WELL AS THE SELECTION OF THE ORGANIZATION'S INDEPENDENT ACCOUNTANT. THIS PROCESS OF OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. RHODE ISLAND YACHT CLUB EDUCATIONAL FOUNDATION 1 OCEAN AVE CRANSTON RI 02905 050497478 EDUCATION RELATING TO SAILING, WATER SAFETY AND ENVIRONMENTAL POLICIES RI 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0