2022-06-30T15:30:22-05:00 2022-02-28 592067969 DEES & DEES CPA'S PA 3440 CONWAY BLVD SUITE 2C PORT CHARLOTTE FL 33952 990 2021-03-01 591673859 ISLES YACHT CLUB INC ISLE 9416397551 1780 W MARION AVENUE PUNTA GORDA FL 33950 JOHN KK WILLIAMS GENERAL MANAGER 9416397551 2022-06-30 true JOHN KK WILLIAMS 999009999 FRED B DEES JR P00013501 9416297595 2022-06-30 2021 2022-09-23 18:48:47Z JOHN KK WILLIAMS 1780 W MARION AVENUE PUNTA GORDA FL 33950 4236476 false X WWW.ISLESYC.COM X 1976 FL TO PROVIDE BOATING AND SOCIAL FACILITIES FOR OUR MEMBERS AND THEIR GUESTS, TO PROMOTE GOOD BOATING PRACTICES AND MARINE COMPETITION, AND TO PROVIDE OTHER RECREATIONAL SPORTS FACILITIES, I.E., TENNIS COURTS, SWIMMING POOL, AND FITNESS AND ACTIVITIES CENTER FOR OUR MEMBERS' BENEFIT AND TO ENCOURAGE SOCIAL INTERACTION. 12 12 0 200 -17020 140 0 2007148 2188252 1447 1140 -72653 -35553 1935942 2153839 0 0 196439 195302 0 0 1639467 1684640 1835906 1879942 100036 273897 6851650 7144552 3189379 2878271 3662271 4266281 X TO PROVIDE BOATING AND SOCIAL FACILITIES FOR OUR MEMBERS AND THEIR GUESTS, TO PROMOTE GOOD BOATING PRACTICES AND MARINE COMPETITION, AND TO PROVIDE OTHER RECREATIONAL SPORTS FACILITIES, I.E., TENNIS COURTS, SWIMMING POOL, AND FITNESS AND ACTIVITIES CENTER FOR OUR MEMBERS' BENEFIT AND TO ENCOURAGE SOCIAL INTERACTION. false false FULL SERVICE RESTAURANT OPEN ONLY TO MEMBERS AND THEIR GUESTS. THE CLUB'S LIQUOR LICENSE, ISSUED PURSUANT TO FL STATUTE SECTION 61A-3.019, PROHIBITS THE CLUB FROM SELLING, SERVING, OR PERMITTING THE SERVICE OF ALCOHOLIC BEVERAGES TO ANYONE OTHER THAN A BONA FIDE CLUB MEMBER OR TO THEIR GUESTS. THE PAYMENT FOR SUCH SERVICE AND DISTRIBTUION MUST BE MADE ONLY BY BONA FIDE CLUB MEMBERS. SWIMMING POOL, TENNIS COURTS, FITNESS CENTER, AND ACTIVITIES CENTER AVAILABLE FOR USE BY MEMBERS AND THEIR GUESTS AT NO CHARGE. FUEL SALES AND DOCKAGE AVAILABLE FOR USE BY MEMBERS ONLY. . false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 30 0 true 0 true true false false false true true 774296 249174 false false false X 12 12 false false false false true true true true true false false true true true true true true true false false X JOHN KK WILLIAMS 9416397551 1780 W MARION AVENUE PUNTA GORDA FL 33950 X X JOHN KK WILLIAMS GENERAL MANA 65.00 X 195302 0 14402 ROBERT AVALLONE DIRECTOR 2.00 X 0 0 0 CHUCK BUSCH FLEET CAPTAI 6.00 X X 0 0 0 MICHAEL COTE FINANCIAL OF 6.00 X X 0 0 0 CHUCK HENRY DIRECTOR 2.00 X 0 0 0 ROSWITHA ASKEW HERGENHAN VICE COMMODO 8.00 X X 0 0 0 MARK KUHARSKI COMMORDORE 10.00 X X 0 0 0 MARK MACMAHON REAR COMMODO 6.00 X X 0 0 0 PATRICIA MIXSON DIRECTOR 2.00 X 0 0 0 MARIE SMITH SECRETARY 6.00 X X 0 0 0 DAVE UNDERWOOD DIRECTOR 2.00 X 0 0 0 ROBERT WEISENBECK DIRECTOR 2.00 X 0 0 0 CHARLIE WOOLEY DIRECTOR 2.00 X 0 0 0 195302 14402 1 false true false HRSMARTER 1 LLC HRS MARTER 1 LLC 2054 VISTA PARKWAY SUITE 300 2054 VISTA PARKWAY SUITE 300 WEST PALM BEACH FL 33411 PEO 1508564 1 MEMBERSHIP DUES 900099 2016891 2016891 DOCKAGE 900099 135095 135095 ADVERTISING 900099 25482 7541 17941 DOCKAGE - NONMEMBER 900099 10784 10784 2188252 1140 1140 2045864 2082637 -36773 10112 -46885 SALES TAX COMMISSIONS 720 720 MISCELLANEOUS REVENUE 500 500 1220 2153839 2170859 -17020 195302 10104 5583 40491 30170 395795 628 300 443328 39547 PEO EXP. NOT IN CGS 453616 FACILITIES MAINTENANCE 160312 FOOD/BEV/MARINA NOTIN CGS 67790 READERSHIP COSTS 18608 18368 1879942 0 0 0 230924 750 1102908 1611519 364315 477665 77725 96549 111103 111890 10163881 5857545 4606964 4306336 355011 421941 2700 117902 6851650 7144552 205503 283497 154194 171119 2176471 2001714 653211 421941 3189379 2878271 X 3662271 4266281 3662271 4266281 6851650 7144552 X 273897 330113 X false true X true false 1032878 1032878 4920435 2398264 2522171 1280877 1048890 231987 2929691 2410391 519300 4306336 DEFERRED COMPENSATION OBLIGATION 421941 421941 2153839 2153839 2153839 1879942 1879942 1879942 X X X false false false JOHN KK WILLIAMS GENERAL MANAGER 165302 30000 5507 8895 209704 FORM 990 - ORGANIZATION'S MISSION TO PROVIDE BOATING AND SOCIAL FACILITIES FOR OUR MEMBERS AND THEIR GUESTS, TO PROMOTE GOOD BOATING PRACTICES AND MARINE COMPETITION, AND TO PROVIDE OTHER RECREATIONAL SPORTS FACILITIES, I.E., TENNIS COURTS, SWIMMING POOL, AND FITNESS AND ACTIVITIES CENTER FOR OUR MEMBERS' BENEFIT AND TO ENCOURAGE SOCIAL INTERACTION. FORM 990, PAGE 2, PART III, LINE 4D . FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS A TOTAL ALLOWABLE NUMBER OF VOTING MEMBERS OF 900. THEY ELECT MEMBERS OF THE GOVERNING BODY AND APPROVE SIGNIFICANT DECISIONS. THE VOTING MEMBERS OF THE ORGNIZATION, ACTING AS A BODY, RETAIN ULTIMATE AUTHORITY OVER ALL ASPECTS OF THE CLUB. UPON THE ORGANIZATION'S DISSOLUTION, THE MEMBERS WOULD RECEIVE A SHARE OF THE CLUB'S NET ASSETS. THERE ARE VARIOUS OTHER CLASSES OF NON-VOTING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE VOTING MEMBERS IN GOOD STANDING, AS OF THE SPECIFIC DATE WHEN THE SECRETARY MAILS NOTICES OF THE ANNUAL MEETING, SHALL BE ENTITLED TO VOTE FOR THE BOARD OF DIRECTORS WHICH IS COMPRISED OF 6 OFFICERS AND 6 DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERS VOTE TO APPROVE THE ANNUAL CAPITAL BUDGET. THEY MUST ALSO APPROVE ANY BYLAW CHANGES BY A TWO-THIRDS AFFIRMATIVE VOTE. ANY PROPOSED DUES INCREASE IN EXCESS OF 5% IN ANY GIVEN FISCAL YEAR SHALL BE SUBJECT TO APPROVAL OF THE MAJORITY OF MEMBERS. AT THE ANNUAL MEETING, THE MEMBERS APPROVE THE ACTIONS OF THE BOARD FOR THE PRIOR YEAR. FORM 990, PAGE 6, PART VI, LINE 11B ONE MEMBER OF THE FINANCE COMMITTEE REVIEWS THE FORM 990 IN DETAIL BEFORE THE FINAL VERSION IS EMAILED TO EACH BOARD MEMBER FOR HIS/HER REVIEW BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C IN PRACTICE, OUR INTERNAL CONTROL POLICIES, I.E., A REQUIREMENT OF TWO SIGNATURES ON A CHECK, ARE A CHECK ON CONFLICTS OF INTEREST. OUR BYLAWS ALSO PROHIBIT ANY NET EARNINGS TO INURE TO THE BENEFIT OF ANY MEMBER, DIRECTOR, OR OFFICER. EACH YEAR THE OFFICERS AND DIRECTORS OF THE CLUB, THE CLUB'S GENERAL MANAGER, CONTROLLER, CHEF, AND ANY OTHER PERSON WITH AUTHORITY TO OBLIGATE THE CLUB TO EXPENDITURES OR LIABILITIES, MUST SIGN A CONFLICT OF INTEREST POLICY STATEMENT. FORM 990, PAGE 6, PART VI, LINE 15A THE CLUB'S TOP MANAGEMENT OFFICIAL IS THE GENERAL MANAGER. THE PERSONNEL COMMITTEE INTERVIEWED, RESEARCHED SALARIES PAID IN COMPARABLE POSITIONS, AND NEGOTIATED THE GENERAL MANAGER'S COMPENSATION PACKAGE. HE WAS HIRED IN JULY, 2008 AND IS SUBJECT TO AN ANNUAL REVIEW BY THE PERSONNEL COMMITTEE AND HIS COMPENSATION IS ADJUSTED ACCORDINGLY. THE OFFICERS ARE NOT COMPENSATED AND THERE ARE NO OTHER KEY EMPOYEES FOR PURPOSES OF THE 990. FORM 990, PAGE 6, PART VI, LINE 19 NONE OF THE DOCUMENTS LISTED ARE AVAILABLE TO THE PUBLIC. THE 990 IS AVAILABLE TO MEMBERS DURING NORMAL BUSINESS HOURS. FORM 990, PART VII THE GENERAL MANAGER, WHO IS TREATED AS AN OFFICER, IS COMPENSATED THROUGH A PEO. FORM 990, PART XI, LINE 9 DONATED CAPITAL 40,598 PPP LOAN FORGIVENESS 298,200 LOSS ON DISPOSAL -8,685 TOTAL 330,113