2022-06-22T13:37:51-05:00 2021-09-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2020-10-01 060336905 ESSEX YACHT CLUB INC ESSE 8607678121 13 NOVELTY LANE ESSEX CT 06426 WILLIAM COCHRAN TREASURER 8607678121 2022-06-21 1 WILLIAM COCHRAN 999009999 PAUL BALLASY P00852868 9592007000 2022-06-20 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WILLIAM COCHRAN 13 NOVELTY LANE ESSEX CT 06426 2242342 0 X WWW.ESSEXYC.COM X 1933 CT THE MISSION OF THE ESSEX YACHT CLUB IS TO PROMOTE EXCELLENCE IN YACHTING ACTIVITIES AMONG ITS MEMBERS, INCLUDING RACING, CRUISING, AND OFF WATER CLUB ACTIVITIES. 15 15 31 0 10415 0 0 113650 1188339 1198335 360 339 380000 598408 1568699 1910732 0 0 0 0 780840 819201 0 0 0 567097 621057 1347937 1440258 220762 470474 3159134 3649035 732770 1343225 2426364 2305810 X THE MISSION OF THE ESSEX YACHT CLUB IS TO PROMOTE EXCELLENCE IN YACHTING ACTIVITIES AMONG ITS MEMBERS, INCLUDING RACING, CRUISING, AND OFF WATER CLUB ACTIVITIES. TO ACCOMPLISH THIS MISSION, THE CLUB HAS DEVELOPED YEAR-ROUND MEMBER ACTIVITIES AND PROGRAMS TO PROMOTE THE CORINTHIAN SPIRIT, THE FINE TRADITION OF YACHTING EXCELLENCE, AND CAMARADERIE AMONG ITS MEMBERS. 0 0 THE MISSION OF THE ESSEX YACHT CLUB IS TO PROMOTE EXCELLENCE IN YACHTING ACTIVITIES AMONG ITS MEMBERS, INCLUDING RACING, CRUISING, AND OFF WATER CLUB ACTIVITIES. TO ACCOMPLISH THIS MISSION, THE CLUB HAS DEVELOPED YEAR-ROUND MEMBER ACTIVITIES AND PROGRAMS TO PROMOTE THE CORINTHIAN SPIRIT, THE FINE TRADITION OF YACHTING EXCELLENCE, AND CAMARADERIE AMONG ITS 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 31 1 1 1 0 0 0 1 1 296601 53492 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 0 0 CT X BOB FORBES 8607678121 13 NOVELTY ROAD ESSEX CT 06426 BRIDGET QUINN-CAREY SECRETARY 5.00 X X 0 0 0 CARTER GOWRIE VICE COMMODORE 3.00 X X 0 0 0 CHRISTOPHER KEENAN GOVNR AT LARGE 3.00 X 0 0 0 HARWOOD COMSTOCK HOUSE CHAIR 3.00 X 0 0 0 JOE STANDART BOARD OF GOVERNORS 5.00 X 0 0 0 KATHLEEN MAHER GOVNR AT LARGE 3.00 X 0 0 0 MARILY MACKINNON COMMODORE 3.00 X X 0 0 0 MELINDA KINGSBURY MEMBERSHIP CHAIR 5.00 X 0 0 0 PETER HOLLAND BOARD OF GOVERNORS 5.00 X 0 0 0 TERRY KLEE BOARD OF GOVERNORS 5.00 X 0 0 0 THOMAS JOHNSON GOVNR AT LARGE 3.00 X 0 0 0 THOMAS P KILN IMMEDIATE PAST COMMODORE 5.00 X X 0 0 0 WENDY RICHES BOARD OF GOVERNORS 5.00 X 0 0 0 WILLIAM COCHRAN TREASURER 5.00 X X 0 0 0 WILLLIAM GUNTHER REAR COMMODORE 3.00 X X 0 0 0 ROBERT FORBES III GENERAL MANAGER 40.00 X 96099 0 20876 BARRY MOORE CFO 20.00 X 28583 0 0 MICHAEL STAFFORD HEAD CHEF 40.00 X 107886 0 0 232568 0 20876 1 0 0 0 0 113650 113650 MEMBERSHIP DUES 713910 641356 641356 DOCKAGE & MOORING 713910 236648 236648 CAPITAL ASSESSMENTS & 713910 216897 216897 INITIATION FEES 713910 83704 83704 REGATTA & RUM CHALLENG 713910 19730 19730 1198335 339 339 680258 331610 348648 338233 10415 EMPLOYEE RETENTION CRE 900099 249760 249760 249760 1910732 1536568 10415 250099 164648 548606 40075 65872 25405 19849 93764 27222 159916 76153 REPAIRS & MAINTENANCE 131094 RUM CHALLENGE & REGATTA 30124 MISCELLANEOUS 26078 COMMUNICATION 10332 21120 1440258 309026 536676 316858 620102 175318 175328 48635 48417 40110 42167 5564136 3353771 2269187 2210365 0 15980 3159134 3649035 97715 97639 616524 624955 623062 10100 6000 732770 1343225 X 2426364 2305810 2426364 2305810 3159134 3649035 X 470474 -591028 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 257172 257172 3159096 1519112 1639984 283850 160474 123376 1864018 1674185 189833 2210365 SECURITY DEPOSITS 6000 6000 X PART X, LINE 2: THE CLUB HAS NO UNRECOGNIZED TAX BENEFITS AT SEPTEMBER 30, 2021 AND 2020. THE CLUB'S FEDERAL AND STATE INFORMATION RETURNS PRIOR TO FISCAL YEAR 2018 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF NECESSARY, THE CLUB WILL RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF PROPERTY AND OTHER TAXES AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION A, LINE 6 AT EACH ANNUAL MEMBERS' MEETING, THE VOTING MEMBERS SHALL ELECT OFFICERS, AN AT-LARGE GOVERNOR, AND CHAIRS OF THE COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE NOMINATES CANDIDATES FOR ALL OF THE POSITIONS TO BE FILLED AT THE ANNUAL MEMBERS' MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF GOVERNORS WILL REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A ALL SALARIES COME FROM A COMBINED EFFORT OF THE HOUSE COMMITTEE AND THE BOARD OF GOVERNORS. A SELECTED GROUP OF INDIVIDUALS RECOMMENDS A SALARY FOR THE FISCAL YEAR. THAT IS REVIEWED WITHIN THE FULL CLUB BUDGET AND THEN APPROVED BY THE BOARD. THE FULL MEMBERSHIP THEN VOTES ON THE FULL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON A VALID BUSINESS REQUEST. FORM 990, PART XI, LINE 9: ADOPTION OF NEW REVENUE PROCEDURE ASC 606 -591,028. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE REVIEW AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT.