2022-05-12T14:57:10-05:00 2021-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2021-10-01 110678790 THE DEVON YACHT CLUB INC DEVO 6312676340 PO BOX 2549 AMAGANSETT NY 119302549 PATRICK D COLEMAN TREASURER 6312676340 2022-05-11 1 PATRICK COLEMAN 999009999 ALEXANDER LAZZARUOLO P01775353 2126617777 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PATRICK D COLEMAN PO BOX 2549 AMAGANSETT NY 119302549 126693 0 X WWW.DEVONYC.COM X 1916 NY THE CLUB IS FORMED TO SERVE AS A PLACE FOR PLEASURE AND RECREATION AND IS INTENDED AT ALL TMES TO BE OPERATED EXCLUSIVELY FOR SUCH PURPOSES. 17 17 72 102 145 0 0 0 2468377 0 860 145 1706984 119426 4176221 119571 0 0 0 0 1945635 255851 0 0 0 1301269 332276 3246904 588127 929317 -468556 10454693 9703709 375358 92930 10079335 9610779 X SEE SCHEDULE O 0 0 TAX EXEMPT CLUB ACTIVITIES. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 13 0 1 72 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X PATRICIA HOLLMANN 6312676340 PO BOX 2549 AMAGANSETT NY 119302549 X DAVID SULLIVAN PRESIDENT 15.00 X X 0 0 0 DR LOUISE COLLINS VICE COMMODORE 2.00 X X 0 0 0 GEOFFREY GRANT REAR COMMODORE 5.00 X X 0 0 0 SETH HENDON SECRETARY 2.00 X X 0 0 0 PATRICK D COLEMAN TREASURER 5.00 X X 0 0 0 WILLIAM LYONS JR FLEET CAPTAIN 2.00 X 0 0 0 MEG BUNN DIRECTOR 1.00 X 0 0 0 MICHAEL DURAN DIRECTOR 1.00 X 0 0 0 NICHOLAS HARE DIRECTOR 1.00 X 0 0 0 JARRETT LILIEN DIRECTOR 1.00 X 0 0 0 LARRY KANE DIRECTOR 1.00 X 0 0 0 DARCY KUZMIER DIRECTOR 1.00 X 0 0 0 LEAH LEBEC DIRECTOR 1.00 X 0 0 0 JOHN MACKALL DIRECTOR 1.00 X 0 0 0 ALEX NORTON DIRECTOR 1.00 X 0 0 0 ASHLEY PHYFE DIRECTOR 1.00 X 0 0 0 JACKIE MITCHELL DIRECTOR 1.00 X 0 0 0 PATRICIA L HOLLMANN GENERAL MANAGER 68.00 X 311452 0 7354 DONALD SCHNELL HEAD OF MAINTENANCE 45.00 X 144314 0 3731 CAREY FAVREAU EXECUTIVE CHEF 68.00 X 152500 0 0 CHRISTINE GOLDING OFFICE MANAGER 60.00 X 136703 0 3431 TIMOTHY SNELL TENNIS PRO 60.00 X 119597 0 3387 864566 0 17903 5 0 1 0 0 145 145 126548 7122 119426 119426 119571 119426 145 0 224300 3346 28205 305 23306 24689 20368 20375 94 54664 139108 OTHER DEPTS OPERATIONS 30753 FOOD & BEV OPERATIONS 18420 MISC. EXPENSES 98 ENTERTAINMENT 96 588127 932831 488373 2707862 2707893 316988 4749 59060 53254 46402 78787 8469935 6438454 2045767 2031481 4345783 4339172 10454693 9703709 375358 92930 375358 92930 X 10079335 9610779 10079335 9610779 10454693 9703709 -468556 0 X 0 1 X 1 0 12736 12736 6598187 4963136 1635051 1859012 1475318 383694 2031481 DUE FROM 351 MAIN STREET (AMAGANSETT) INC. 1698923 DUE FROM DEVON'S FANCY (AMAGANSETT) INC. 2640249 4339172 X 1 1 X 0 0 0 PATRICIA L HOLLMANN GENERAL MANAGER 243952 0 67500 0 0 0 7354 0 0 0 318806 0 0 0 CAREY FAVREAU EXECUTIVE CHEF 125000 0 27500 0 0 0 0 0 0 0 152500 0 0 0 CHANGE IN ACCOUNTING PERIOD: DURING THE 2021 YEAR, THE BOARD OF DIRECTORS APPROVED CHANGING THE ORGANIZATION'S FISCAL YEAR TO A CALENDAR YEAR UNDER THE REQUIREMENTS SET FORTH IN REVENUE PROCEDURE 85-58. THE ORGANIZATION IS PRESENTING A THREE-MONTH STUB PERIOD FROM OCTOBER 1, 2021 TO DECEMBER 31, 2021. THE CLUB HAS NOT CHANGED ITS ACCOUNTING PERIOD IN THE LAST 10 YEARS. PART III - LINE 1 THE DEVON YACHT CLUB, INC. (THE "CLUB") IS FORMED TO SERVE AS A PLACE FOR PLEASURE AND RECREATION AND IS INTENDED AT ALL TIMES TO BE OPERATED EXCLUSIVELY FOR SUCH PURPOSES. ITS SPECIFIC OBJECTIVES SEEK TO EMPHASIZE, ENCOURAGE, ASSIST IN AND PROMOTE THE SPORT OF YACHTING, ALLIED FORMS OF NAVIGATION, AS WELL AS THE SPORT OF TENNIS. SPECIAL ATTENTION AND ENCOURAGEMENT SHALL BE EXTENDED TO MEMBERS AND GUESTS WITH RESPECT TO MATTERS RELATING TO RACING, CRUISING, SEAMANSHIP, ANGLING, SWIMMING AND TENNIS WITH EMPHASIS ON SPORTSMANSHIP, SO AS TO REFLECT THE HIGHEST IDEALS OF INTEGRITY, TOGETHER WITH EMPHASIS ON SPORTSMANSHIP, TOGETHER WITH MUTUAL FRIENDSHIP, SOCIAL CONTACTS, RECREATIONAL BENEFITS AND OTHER APPROPRIATE ADVANTAGES FLOWING THEREFROM. PROVISION SHALL BE MADE TO PROVIDE A SUITABLE CLUBHOUSE, MARINA, TENNIS COURTS, SWIMMING AREAS AND OTHER NECESSARY FACILITIES APPROPRIATE AND DESIRABLE FOR THE USE OF ITS MEMBERS CONSISTENT WITH THE STATED OBJECTIVES. PART VI, SECTION A. - QUESTION 6 THE DEVON YACHT CLUB, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. PART VI, SECTION A. - QUESTION 7A NOMINATING COMMITTEE PROPOSES MEMBERS TO SERVE ON THE BOARD. MEMBERSHIP ELECTS BOARD, BOARD APPROVES SLATE OF PROPOSED OFFICERS. PART VI, SECTION A. - QUESTION 7B MEMBERS VOTE ON ISSUES LISTED ON AN AGENDA DISTRIBUTED TO MEMBERSHIP PRIOR TO MEETING. PART VI, SECTION B. - QUESTION 11B THE FORM 990 IS SENT TO OFFICERS AND THE MANAGER OF THE CLUB FOR REVIEWED BY THE PRESIDENT AND TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. PART VI, SECTION B. - QUESTION 12C OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES MUST DECLARE ANY INTEREST THAT COULD GIVE RISE TO CONFLICT. PART VI, SECTION B. - QUESTIONS 15A & 15B DATA IS COLLECTED FROM OTHER CLUBS AND AVAILABLE 990 FORMS ARE USED IN DETERMINING COMPENSATION FOR TOP MANAGEMENT. PART VI, SECTION C. - QUESTION 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION A, LINE 6 THE DEVON YACHT CLUB, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A NOMINATING COMMITTEE PROPOSES MEMBERS TO SERVE ON THE BOARD. MEMBERSHIP ELECTS BOARD, BOARD APPROVES SLATE OF PROPOSED OFFICERS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON ISSUES LISTED ON AN AGENDA DISTRIBUTED TO MEMBERSHIP PRIOR TO MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SENT TO OFFICERS AND THE MANAGER OF THE CLUB FOR REVIEW BY THE PRESIDENT AND TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES MUST DECLARE ANY INTEREST THAT COULD GIVE RISE TO CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DATA IS COLLECTED FROM OTHER CLUBS AND AVAILABLE 990 FORMS ARE USED IN DETERMINING COMPENSATION FOR TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. 351 MAIN STREET (AMAGANSETT) INC ABRAHAMS LANDING RD PO BOX 2549 AMAGANSETT NY 11930 113622572 TITLE HOLDING NY 501(C)(2) N/A DEVON YC 0 DEVON'S FANCY (AMAGANSETT) INC ABRAHAMS LANDING RD PO BOX 2549 AMAGANSETT NY 11930 371784834 TITLE HOLDING NY 501(C)(2) N/A DEVON YC 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 351 MAIN STREET (AMAGANSETT) INC D 1698923 FMV DEVON'S FANCY (AMAGANSETT) INC D 2640249 FMV