2022-08-15T10:42:00-05:00 2021-09-30 221478099 COHNREZNICK LLP 10 FORBES ROAD SUITE 200 BRAINTREE MA 02184 990 2020-10-01 050309832 TIVERTON YACHT CLUB INC TIVE 4016241932 PO BOX 54 TIVERTON RI 02878 BRENDAN MCNALLY TREASURER 4016241932 2022-08-09 1 BRENDAN MCNALLY 999009999 JOLANTA TUCK CPA P01340068 7813803520 2022-08-05 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARC PFEIFFER 247910 0 X WWW.TIVERTONYACHTCLUB.ORG X 1945 RI TO EDUCATE AND DEMONSTRATE, FOR THE LOCAL COMMUNITY, SAFE CONDUCT OF VARIOUS WATER ACTIVITIES INCLUDING BOATING, SWIMMING AND SAILING. 17 17 23 17 0 0 122556 117114 117824 130796 2021 0 0 0 242401 247910 0 0 0 0 87969 101597 0 0 0 142351 167463 230320 269060 12081 -21150 847832 808541 500553 482412 347279 326129 TO EDUCATE AND DEMONSTRATE, FOR THE LOCAL COMMUNITY, SAFE CONDUCT OF VARIOUS WATER ACTIVITIES INCLUDING BOATING, SWIMMING AND SAILING. 0 0 SAIL TRAINING - SAIL TRAINING HAD RELATIVELY NORMAL OPERATIONS ALTHOUGH COVID-19 RESTRICTIONS LIMITED THE NUMBER OF PARTICIPANTS. MARINA - THE MARINA WAS AT CAPACITY THIS SEASON AND BENEFITED FROM CONTINUED UPGRADES TO FLOATING DOCKS. SWIM PROGRAM - THE SWIM PROGRAM GREW THIS YEAR AND INCLUDED INSTRUCTION FOR A WIDE VARIETY OF AGES AND ABILITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 1 5 0 1 23 1 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 X BRENDAN MCNALLY 4016241932 58 RIVERSIDE DRIVE TIVERTON RI 02878 X MARC PFEIFFER COMMODORE 5.00 X X 0 0 0 PATRICK LATTUCA VICE COMMODORE 1.00 X X 0 0 0 JAMES HILTON REAR COMMODORE 1.00 X X 0 0 0 JOANNE REUTHER SECRETARY 1.00 X X 0 0 0 BRENDAN MCNALLY TREASURER 1.00 X X 0 0 0 LORI BOIVIN DIRECTOR 0.50 X 0 0 0 KATIE BOSSOLT DIRECTOR 0.50 X 0 0 0 DAVID COLLINS DIRECTOR 0.50 X 0 0 0 STEPHEN HUGHES DIRECTOR 0.50 X 0 0 0 PHYLLIS IBBOTSON DIRECTOR 0.50 X 0 0 0 GREGORY JONES DIRECTOR 0.50 X 0 0 0 WAYNE KARZENSKI DIRECTOR 0.50 X 0 0 0 GREGG MORASH DIRECTOR 0.50 X 0 0 0 TERESA O'CONNOR DIRECTOR 0.50 X 0 0 0 CHERYL PADILLA DIRECTOR 0.50 X 0 0 0 CRAIG RACHUPKA DIRECTOR 0.50 X 0 0 0 JAMES ROGERS DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 0 117114 117114 MARINA 713990 64830 64830 SAIL TRAINING 713990 51780 51780 SWIM PROGRAM 713990 9928 9928 OTHER 713990 4258 4258 130796 247910 130796 0 0 90010 11587 1160 14263 493 9879 45 46063 35468 15660 MAINTENANCE 22131 SUPPLIES 9721 EQUIPMENT 9031 LICENSES & PERMITS 3549 269060 84287 59179 -1020 14264 1040446 305348 758065 735098 6500 0 847832 808541 3278 491366 475137 9187 3997 500553 482412 X 347279 326129 347279 326129 847832 808541 -21150 0 X 0 0 0 794085 118823 675262 160993 146209 14784 85368 40316 45052 735098 WAIT LIST DEPOSIT 3997 3997 FORM 990, PART VI, SECTION A, LINE 2 DAVID COLLINS AND TERESA O'CONNOR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE TIVERTON YACHT CLUB INC. IS GOVERNED BY A BOARD OF DIRECTORS AND OFFICERS ACCORDING TO PUBLISHED BY-LAWS. THERE ARE SUB-CATEGORIES OF MEMBERSHIP INCLUDING FAMILY, COUPLE, SENIOR AND SINGLE, ALL OF WHICH ARE AFFORDED THE SAME RIGHTS AND STATUS. APPLICANTS FOR MEMBERSHIP ARE APPROVED BY THE BOARD OF DIRECTORS. ELECTIONS, APPOINTMENTS AND VACANCIES TO THE BOARD OF DIRECTORS AND OFFICER ROLES ARE MANAGED BY THE NOMINATING COMMITTEE AND SUBJECT TO GENERAL MEMBERSHIP APPROVAL. THROUGH ITS BY-LAWS, TYC MEMBERS HAVE THE RIGHTS AND PROCESSES TO PROPOSE CHANGES TO THE BY-LAWS, CALL SPECIAL MEETINGS, AND ATTEND ALL DIRECTORS MEETINGS. FORM 990, PART VI, SECTION A, LINE 7A TIVERTON YACHT CLUB, INC. (TYC) IS A 501 (C) (7) CORPORATION ORGANIZED IN TIVERTON, RI. TYC IS GOVERNED BY A BOARD OF DIRECTORS AND ITS BY-LAWS. DIRECTORS HAVE 3 YEAR TERMS AND OPEN POSITIONS ARE FILLED THROUGH A NOMINATION PROCESS BY MEMBERS AT ITS ANNUAL MEETING IN OCTOBER OF EACH YEAR. THE BOARD OF DIRECTORS APPROVES NOMINATED MEMBERS. TYC OPERATES UNDER ITS BY-LAWS WHICH ARE APPROVED, AMENDED OR REMOVED BY THE BOARD OF DIRECTORS AFTER NOTICE OF PROPOSED CHANGES TO THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE REAL PROPERTY OF THE TYC IS HELD IN TRUST BY THE TYC TRUSTEES UNTIL SUCH TIME AS THE TIVERTON YACHT CLUB INC. SHALL NO LONGER CONTINUE ITS ACTIVITIES AS A YACHT CLUB AT WHICH TIME HOLDERS OF CERTIFICATES OF TRUST SHALL RECEIVE THEIR PROPORTIONATE SHARE OF THE PROCEEDS FROM THE SALE OF THE TRUST RES. OTHER PROPERTY IS OWNED BY TIVERTON YACHT CLUB INC. THE MEMBERSHIP OF TYC MUST APPROVE (BY SIMPLE MAJORITY) SIGNIFICANT DECISIONS OF THE BOARD OF DIRECTORS AND TRUSTEES, INCLUDING BUT NOT LIMITED TO THE SALE OR PURCHASE OF REAL ESTATE AND THE ASSUMPTION OF DEBT SECURED BY REAL ESTATE AND BUILDINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 ALL FORMS ARE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.