2023-11-11T16:55:13-06:00 2022-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-01-01 940830750 ST FRANCIS YACHT CLUB STFR 4158203725 700 MARINA BOULEVARD SAN FRANCISCO CA 94123 JIM BILDNER CHIEF FINANCIAL OFFICER 4158203725 2023-10-11 1 JIM BILDNER 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LARRY SWIFT 700 MARINA BOULEVARD SAN FRANCISCO CA 94123 19205766 0 X WWW.STYC.COM X 1927 CA TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 15 15 191 15 1594981 153336 198951 68619 7673554 8508596 291799 213974 5988557 8483698 14152861 17274887 0 0 0 0 6025015 8324301 0 0 0 6456487 7381023 12481502 15705324 1671359 1569563 21989998 29839100 5500085 13405037 16489913 16434063 SERVE AS THE INSPIRATIONAL CENTER OF BOATING ACTIVITIES REGIONALLY AND A LEADER OF YACHTING INTERNATIONALLY. WE HONOR CAMARADERIE, SPORTSMANSHIP, TRADITION, AND THE MARITIME HERITAGE OF SAN FRANCISCO IN A PREMIER YACHTING ENVIRONMENT. 0 0 TAX-EXEMPT CLUB ACTIVITIES 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 84 0 1 191 1 1 1 0 0 0 0 1438886 1818866 0 0 0 X 15 15 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 1 1 0 X ASIF EHSAN CONTROLLER 4158203725 700 MARINA BOULEVARD SAN FRANCISCO CA 94123 X PETER GILMORE COMMODORE 2.00 X X 0 0 0 BEAU VROLYK VICE COMMODORE 2.00 X X 0 0 0 CHRIS PERKINS REAR COMMODORE 2.00 X X 0 0 0 GREGORY WETTERSTEN CHAIRMAN 2.00 X X 0 0 0 KEVIN KUHN SECRETARY 2.00 X X 0 0 0 IAN CHARLES ASSISTANT SECRETARY 2.00 X X 0 0 0 JIM BILDNER TREASURER 2.00 X X 0 0 0 CALE MILLER ASSISTANT TREASURER 2.00 X X 0 0 0 JOHN COLLINS DIRECTOR 2.00 X 0 0 0 NADINE FRANCZYK DIRECTOR 2.00 X 0 0 0 ERIN O'GRADY DIRECTOR 2.00 X 0 0 0 KIM MEEK DIRECTOR 2.00 X 0 0 0 DAMIR PRISKICH DIRECTOR 2.00 X 0 0 0 SUSAN RUHNE DIRECTOR 2.00 X 0 0 0 LARRY SWIFT DIRECTOR 2.00 X 0 0 0 JOHN MEAGHER GENERAL MANAGER 40.00 X 447381 0 26856 ASIF EHSAN CONTROLLER 40.00 X 219633 0 20323 AARON JOHNSON EXECUTIVE CHEF 40.00 X 217024 0 40161 ROSS SCHIVELEY TINSLEY ISLAND MANAGER 40.00 X 168032 0 27815 NOEL OMILA ASSISTANT GM-MEMBERSHIP 40.00 X 171403 0 33713 PAM BREWER HR DIRECTOR 40.00 X 140352 0 19093 1363825 0 167961 9 0 1 0 JAMIESON MAE COMMUNICATIONS 250 SOUTH FOREST STREET DENVER CO 80246 DESIGN AND COMMUNICATIONS 171687 BLACK DIAMOND PAVING COMPANY 23098 CONNECTICUT STREET HAYWARD CA 94545 ASPHALT REPLACEMENT 131618 2 68619 68619 MEMBERSHIP DUES 713990 7069710 7069710 INITIATION FEES 900099 782300 782300 CAPITAL DUES 900099 656586 656586 8508596 211591 211591 7474 5091 2383 2383 2383 9305372 1925788 7379584 5996194 1383390 RENT ACCRUAL WRITE-OFF 900099 894114 894114 INSURANCE PROCEEDS 900099 210000 210000 1104114 17274887 14504790 1594981 1106497 474237 5215676 140225 2025734 468429 232618 60055 42580 407557 1077621 235799 1220093 35096 993265 506703 UNRELATED BUS. INC. TAX -138291 OTHER DEPT. OPERATIONS 1572088 CLUBHOUSE OPERATIONS 447104 FOOD & BEV. OPERATIONS 360614 328121 15705324 1743759 1307455 1398774 1570924 353633 358317 330809 315250 30395610 23367578 7268324 7028032 10065358 9808956 829341 9450166 21989998 29839100 2010873 2260107 815219 832965 2673993 10311965 5500085 13405037 X 14904914 15046039 1584999 1388024 16489913 16434063 21989998 29839100 1569563 -1625413 0 X 0 1 X 1 0 1513938 -216992 1296946 1461730 202208 150000 1513938 1429357 32373 1461730 1293673 135684 1429357 1163324 130349 1293673 0.93438 0.06562 0 0 173759 173759 21350765 17192411 4158354 4509422 3276986 1232436 4361664 2898181 1463483 7028032 OTHER 9808956 C 9808956 LEASE COSTS 803481 RIGHT-OF-USE ASSET - OPERATING LEASE 8646685 9450166 OPERATING LEASE PAYABLE 10311965 10311965 17509561 -1625413 1925788 300375 17209186 42580 23121 65701 17274887 17565411 1925788 1925788 15639623 42580 23121 65701 15705324 PART V, LINE 4: THIS PERMANENT ENDOWMENT FUND IS TO BE HELD INDEFINITELY WITH THE INVESTMENT RETURN TEMPORARILY RESTRICTED TO BE USED FOR A SPECIFIC REGATTA. THE ORIGINAL PRINCIPAL OF THE ENDOWMENT FUND CAN ONLY BE USED UPON SPECIFIC INSTRUCTION OF THE DONOR OR THE DONOR'S AUTHORIZED REPRESENTATIVE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,925,788. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSURANCE PROCEEDS 23,121. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,925,788. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSURANCE PROCEEDS 23,121. X 1 1 X X X 0 0 0 JOHN MEAGHER GENERAL MANAGER 325000 0 110000 0 12381 0 15250 0 11606 0 474237 0 0 0 AARON JOHNSON EXECUTIVE CHEF 167024 0 50000 0 0 0 10851 0 29310 0 257185 0 0 0 ASIF EHSAN CONTROLLER 184633 0 35000 0 0 0 11125 0 9198 0 239956 0 0 0 NOEL OMILA ASSISTANT GM-MEMBERSHIP 146403 0 25000 0 0 0 8708 0 25005 0 205116 0 0 0 ROSS SCHIVELEY TINSLEY ISLAND MANAGER 147032 0 21000 0 0 0 8508 0 19307 0 195847 0 0 0 PAM BREWER HR DIRECTOR 122352 0 18000 0 0 0 7085 0 12008 0 159445 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ST. FRANCIS YACHT CLUB IS A NON-EQUITY CLUB WHERE MEMBER HOLDS NO EQUITY. UPON TERMINATION OF MEMBERSHIP, MEMBER RECEIVES NO MONETARY BENEFITS OR EQUITY IN THE CLUB. BOARD OF DIRECTORS AND APPOINTED OFFICERS (MEMBERS OF THE CLUB) GOVERN THE CLUB. THE CLUB IS INCORPORATED AS A MEMBERSHIP ORGANIZATION FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS ARE ELECTED BY THE VOTING MEMBERS THROUGH ANNUAL ELECTIONS. AT LEAST THREE MEMBERS ARE ELECTED TO REPLACE THREE OUTGOING MEMBERS OF THE BOARD EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B CAPITAL ASSESSMENTS REQUIRES BYLAW CHANGE. FORM 990, PART VI, SECTION A, LINE 8B ALL COMMITTEES ARE ADVISORY IN NATURE FOR THE BOARD OF DIRECTORS AND DO NOT HAVE DECISION MAKING AUTHORITY. ALL COMMITTEE CHAIRS/LIAISON REPORT TO THE BOARD OF DIRECTOR FOR DECISION MAKING. FORM 990, PART VI, SECTION B, LINE 11B ELECTRONIC COPY OF FORM 990 IS SHARED WITH BOARD OF DIRECTORS FOR THEIR REVIEW AND TO SOLICIT ANY QUESTIONS THEY MAY HAVE. TREASURER WHO IS AN APPOINTED OFFICER AND THE CFO OF THE CLUB REVIEWS AND SIGNS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY DOCUMENT IS SIGNED BY EACH BOARD MEMBER EVERY YEAR. THE CONFLICT, IF ANY, IS FULLY DISCLOSED TO THE BOARD MEMBERS IN THE ABSENCE OF CONFLICTED PARTY AND APPROVAL IS TAKEN IN CASE CLUB DECIDES TO AWARD ANY CONTRACT TO THE BOARD MEMBER OR OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15 CEO'S COMPENSATION IS DETERMINED BY THE CHAIRMAN OF THE BOARD. OUTSIDE EXECUTIVE SEARCH FIRM IS HIRED TO FIND THE SUITABLE CANDIDATE FOR THE POSITION. THE FIRM PERFORMS MARKET RESEARCH FOR COMPENSATION AND REPORT IT TO THE HIRING COMMITTEE. ALL OTHER EMPLOYEES COMPENSATION IS DETERMINED BY THE GENERAL MANAGER/COO OF THE CLUB. COMPENSATION DATA IS NORMALLY PROVIDED BY THE EXECUTIVE SEARCH FIRM THE CLUB HIRES TO FIND SUITABLE CANDIDATES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES AVAILABLE TO THE PUBLIC.