2023-08-30T11:57:44-05:00 2022-12-31 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR ROAD SUITE 302 MILWAUKEE WI 532263255 990 2022-01-01 416084924 SOUTH SHORE YACHT CLUB SOUT 4144812331 2300 E NOCK ST MILWAUKEE WI 53207 RICHARD OLSON COMMODORE 4144812331 2023-07-21 1 RICHARD OLSON 999009999 0 BRIAN MECHENICH P00976753 4142717800 2023-07-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD OLSON 2300 E NOCK ST MILWAUKEE WI 53207 2105395 0 X WWW.SSYC.ORG X 1913 WI TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN. 17 16 71 203 64751 7070 10196 164292 897258 979150 742 3210 418491 183372 1326687 1330024 0 0 0 0 454341 552615 0 0 0 748657 927263 1202998 1479878 123689 -149854 2447439 3365162 694936 1762513 1752503 1602649 TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN. 0 0 TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN. 0 1 0 0 0 0 0 0 0 1 0 0 1 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 1 0 0 1 17 0 1 71 1 1 1 0 0 0 1 1 101280 131623 0 0 0 X 17 16 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 1 0 X X TOM SCHLAGETER 4144812331 2300 E NOCK ST MILWAUKEE WI 53207 DICK OLSON COMMODORE 5.00 X X 0 0 0 MARK HUMPHREY VICE COMMODORE 5.00 X X 0 0 0 BECKY ARCHIBALD REAR COMMODORE 5.00 X X 0 0 0 TONY HETCHLER CORRESPONDING SECRETARY 5.00 X X 0 0 0 THOMAS KINGSTON TREASURER 5.00 X X 0 0 0 DAVID WEHNES SECRETARY 5.00 X X 0 0 0 RENA FISCHER DIRECTOR 5.00 X 0 0 0 PETE LARSON DIRECTOR 5.00 X 0 0 0 DICK O'CONNELL DIRECTOR 5.00 X 0 0 0 JOE ARCARA DIRECTOR 5.00 X 0 0 0 ROBERT ROBERSON DIRECTOR 5.00 X 0 0 0 ANDREW VAN SICKLE DIRECTOR 5.00 X 0 0 0 JOHN SUTPHEN DIRECTOR 5.00 X 0 0 0 CRAIG GRIFFITH DIRECTOR 5.00 X 0 0 0 CHERYL KELLY DIRECTOR 5.00 X 0 0 0 BRAD KYLE DIRECTOR 5.00 X 0 0 0 PETE ENGEL DIRECTOR 5.00 X 0 0 0 KATHERINE NEWTON GENERAL MANAGER 50.00 X 138620 0 8730 138620 0 8730 1 0 0 0 0 163155 1137 164292 MEMBER DUES, INITIATIO 713990 512722 512722 DOCK OPERATIONS 713990 387534 359127 28407 JUNIOR PROGRAM 713990 36648 36648 QUEENS CUP RACE 713990 30458 4835 25623 11788 11788 979150 3210 3210 892449 775371 117078 115168 1910 UNSPENT MINIMUMS 900099 45566 45566 ADVERTISING 541800 5601 5601 15127 15127 66294 1330024 1100981 64751 0 147350 278492 5085 50602 71086 27740 10930 26411 22680 42020 81171 7101 131836 80784 REPAIRS & MAINTENANCE 231133 OCCUPANCY 97051 ENTERTAINMENT/PRIZES 25316 LAUNDRY/LINENS/UNIFORMS 22549 120541 1479878 97973 63835 485320 402888 235151 136677 45902 56317 22404 31630 2749415 1245187 1560689 1504228 0 1169587 2447439 3365162 96555 134417 201230 265492 397151 193017 0 1169587 694936 1762513 X 1752503 1602649 1752503 1602649 2447439 3365162 -149854 0 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8000 8000 1313692 515602 798090 1427723 729585 698138 1504228 RIGHT-OF-USE ASSET 1169587 1169587 LEASE LIABILITY 1169587 1169587 X PART X, LINE 2: THE CLUB HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIREMENTS. MANAGEMENT OF THE CLUB EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CLUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME EXPENSE. THE CLUB HAS NO LIABILITY FOR UNCERTAIN TAX POSITIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PRIVATE ORGANIZATION WITH MEMBERS WHO ARE REQUIRED TO PAY ANNUAL DUES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED AT THE CLUB'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD SUBMITS ANY DECISIONS THAT WOULD MATERIALLY AFFECT THE CLUB TO THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B SELECT BOARD MEMBERS CONSISTING OF THE CLUB AUDIT COMMITTEE BASED ON INDUSTRY STANDARDS FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF PERFORMANCE AND PRE-DETERMINED GOALS FOR THE EMPLOYEE IS COMPLETED BY THE CLUB COMMODORE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON APPROVAL OF THE CLUB MANAGER OR BOARD OF DIRECTORS. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SOUTH SHORE YACHT CLUB JR SAILING FOUNDATION 2300 E NOCK STREET MILWAUKEE WI 53207 200463465 SAILING EDUCATION FOR CHILDREN WI 501(C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0