2022-10-03T17:32:37-05:00 2021-12-31 043138777 PKF PC 75 STATE STREET SUITE 2105 BOSTON MA 02109 990 2021-01-01 041659530 NEW BEDFORD YACHT CLUB NEWB 5089970762 PO BOX P-4 SOUTH DARTMOUTH MA 02748 ANDREW HERLIHY TREASURER 5089970762 2022-08-18 1 ANDREW HERLIHY 999009999 EDWARD C NICKLES P00967591 6177539985 2022-08-18 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KENNETH VAN COLEN 208 ELM STREET SOUTH DARTMOUTH MA 02748 3423096 0 X WWW.NBYC.COM X 1878 MA THE CLUB WAS FORMED IN 1877 AND IS LOCATED IN PADANARAM HARBOR IN DARTMOUTH, MASSACHUSETTS. IT HAS A RICH HISTORY AND DIVERSE MEMBERSHIP WITH OUTSTANDING FACILITIES, INCLUDING A CLUBHOUSE AND WATERFRONT WITH DOCKS, SLIPS, LAUNCHING FACILITIES, HARBOR LAUNCH AND FUEL SERVICES. ACTIVITIES INCLUDE A SAILING SCHOOL THAT WAS THE START OF MANY HIGH SCHOOL, COLLEGIATE AND ALL AMERICAN SAILORS; AN ACTIVE WEDNESDAY NIGHT RACING SERIES AND PERIODIC PERPETUAL TROPHY RACES FOR COMPETITIVE SAILORS; A HOST OF SOCIAL EVENTS DURING THE ACTIVE SUMMER AND MORE LIMITED WINTER SEASONS; AND AN ANNUAL CRUISE OF A WEEK OR MORE WITH SHORTER CRUISING EVENTS DURING THE SUMMER SEASON. 20 20 105 100 199699 2813 95968 262889 1772733 2007571 13719 -17334 -91774 14926 1790646 2268052 0 0 0 0 800328 913672 0 0 0 687361 957416 1487689 1871088 302957 396964 3729806 4331969 1355342 1560541 2374464 2771428 X TO HAVE A MEMBERSHIP COMPOSED OF YACHTING AND BOATING ENTHUSIASTS OF GOOD CHARACTER AND ALL AGES THAT IS PREDOMINANTLY RESIDENT TO LOCAL AREA, REPRESENTS A BROAD SPECTRUM OF THE COMMUNITY, AND IS APPROPRIATE IN SIZE FOR OUR FACILITIES; TO PROMOTE AND ENCOURAGE YACHTING AND BOATING BY PROVIDING OUR MEMBERS AND GUESTS WITH A CLUBHOUSE, HARBOR FACILITIES, SERVICES AND RELATED ACTIVITIES; TO PROVIDE INSTRUCTION IN YACHTING AND BOATING SAFETY, AN EDUCATIONAL PROGRAM IN SAILBOAT RACING AND HANDLING, AND AN ORGANIZED YACHT RACING PROGRAM FOR OUR MEMBERS AND SUCH GUESTS AS WE CAN ACCOMMODATE; TO PROMOTE AND ENCOURAGE FELLOWSHIP, FRIENDSHIP AND CAMARADERIE AMONG OUR MEMBERS AND GUESTS; TO MAINTAIN A STANDARD OF EXCELLENCE IN ALL ASPECTS OF OUR OPERATIONS INCLUDING MAINTENANCE AND IMPROVEMENT OF OUR FACILITIES. 0 0 TO PROVIDE DINING, SAILING AND RACING ACTIVITIES, CRUISING, AND SOCIAL EVENTS FOR THE CLUB'S APPROXIMATELY 600 MEMBERS AND THEIR GUESTS. 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 16 0 105 1 1 1 0 0 0 1 1 331539 492706 0 0 0 X 20 20 0 0 0 0 1 1 0 1 1 0 0 1 0 0 1 1 0 0 X KRISTEN GRAY 5089970762 208 ELM STREET SOUTH DARTMOUTH MA 02748 KENNETH D VAN COLEN COMMODORE 10.00 0.50 X X 0 0 0 BLAIR W TRACY VICE COMMODORE 10.00 0.50 X X 0 0 0 STEPHEN P VESCIO REAR COMMODORE 10.00 X X 0 0 0 ANDREW F HERLIHY TREASURER, EFF. 11/21 10.00 X X 0 0 0 ERICA L MURRAY TREASURER UNTIL 8/21 10.00 X X 0 0 0 BENJAMIN W SPERRY SECRETARY 10.00 X X 0 0 0 PAUL ADAM DIRECTOR 2.50 X 0 0 0 DAVID E ADELBERG MD DIRECTOR 2.50 X 0 0 0 IKE BABBITT DIRECTOR 2.50 X 0 0 0 LOUIS A BRANCO DIRECTOR 2.50 X 0 0 0 HOLLY E CORREIRA DIRECTOR 2.50 X 0 0 0 MARY ELLEN A DEFRIAS DIRECTOR 2.50 6.00 X 0 0 0 SCOTT H LINDBLOM DIRECTOR 2.50 5.00 X 0 0 0 GEOFFREY MARSHALL DIRECTOR 2.50 X 0 0 0 BETTS HOWES MURRAY DIRECTOR 2.50 X 0 0 0 JEFFREY P PACE DIRECTOR 2.50 X 0 0 0 VICTOR C PINHEIRO DIRECTOR 2.50 0.50 X 0 0 0 CHARLES J RESEVICK DIRECTOR 2.50 X 0 0 0 JOSEPH SCIUTO DIRECTOR 2.50 X 0 0 0 KELLY J WILBUR DIRECTOR 2.50 0.50 X 0 0 0 KINDER WOODCOCK DIRECTOR 2.50 X 0 0 0 JOHN BAGLINI GENERAL MANAGER 40.00 X 144002 0 29142 144002 0 29142 1 0 1 0 0 10000 252889 262889 MEMBERSHIP DUES AND ASSESSMENTS 713910 1246194 1246194 DOCKAGE AND FLOAT RENTALS 713990 389439 389439 SAILING SCHOOL 713910 254151 95804 158347 OTHER ACTIVITIES 713910 105074 105074 FINANCE CHARGES 713910 12713 12713 2007571 4145 4145 21479 -21479 -21479 -21479 1148491 1133565 14926 -22281 37207 2268052 1805464 199699 0 173144 611604 15578 37291 76055 18223 2782 65733 53725 143400 331737 123854 FEDERAL AND STATE TAXES 3008 REPAIRS AND MAINTENANCE 107880 CLUBHOUSE EXPENSES 51930 ADMINISTRATIVE AND GENE 28591 26553 1871088 96791 15607 957902 1375673 1094656 1340497 34487 43170 12903 88986 4128480 2715416 1475019 1413064 33601 30525 24447 24447 3729806 4331969 37639 60070 1317703 1500471 1355342 1560541 X 2364674 2766638 9790 4790 2374464 2771428 3729806 4331969 396964 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24447 X 0 337014 337014 1509381 1285762 223619 322690 216793 105897 1959395 1212861 746534 1413064 3401617 1133565 1133565 2268052 0 2268052 3004653 1133565 1133565 1871088 0 1871088 PART III, LINE 4: THE CLUB'S COLLECTIBLES ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE. THESE ITEMS ARE DISPLAYED IN THE CLUBHOUSE FOR THE ENJOYMENT AND USE OF THE MEMBERS OF THE CLUB. PART XI, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 1,133,565. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 1,133,565. 0 0 0 JOHN BAGLINI GENERAL MANAGER 128808 0 15194 0 0 0 5213 0 23929 0 173144 0 0 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 10000 CONTRIBUTION 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 252889 PAYCHECK PROTECTION PROGRAM LOAN FORGIVENESS 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS FIVE CLASSES OF MEMBERSHIP; SENIOR, INTERMEDIATE, JUNIOR, EMERITUS AND HONORARY. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS ARE CHOSEN BY THE MEMBERS AT THE ANNUAL MEETING OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B A RESPONSIBLE PERSON IS PROVIDED WITH THE FORM 990 TO REVIEW FOR ITS COMPLETENESS AND ACCURACY. FORM 990, PART VI, SECTION B, LINE 15A THE CLUB'S PERSONNEL COMMITTEE REVIEWS COMPENSATION ON AN ANNUAL BASIS. THE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS. COMPENSATION IS SUBJECT TO BOARD APPROVAL. AN EMPLOYMENT CONTRACT WITH THE CLUB IS PROVIDED TO DOCUMENT COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT PUBLIC INFORMATION. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NEW BEDFORD YACHT CLUB FOUNDATION INC 208 ELM STREET SOUTH DARTMOUTH MA 02748 371694088 OVERSEE A SAILING SCHOOL AND ENGAGE IN THE DEVELOPMENT OF SAILING ACTIVITES MA 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NEW BEDFORD YACHT CLUB FOUNDATION INC C 254151 ACTUAL AMOUNT PAID NEW BEDFORD YACHT CLUB FOUNDATION INC C 10000 ACTUAL AMOUNT PAID