2023-11-01T18:42:28-07:00 2022-12-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14th Floor GLENDALE CA 91203 990 2022-01-01 952556393 BAHIA CORINTHIAN YACHT CLUB BAHI 9496449530 1601 BAYSIDE DRIVE CORONA DEL MAR CA 92625 GARY GRANBERY Treasurer 2023-11-01 true GARY GRANBERY 999009999 true MARK J HENNELLY P00982999 8186375000 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 1601 BAYSIDE DRIVE CORONA DEL MAR CA 92625 4817924 false X WWW.BCYC.ORG X 1958 CA PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS. 11 11 121 38731 16562 0 3364406 2754559 166 -4342 18970 133807 3383542 2884024 0 0 899013 918419 0 0 1742781 1910523 2641794 2828942 741748 55082 7340700 8442481 1986537 3033236 5354163 5409245 PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS. false false PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS. false false false false false false false false false true false false true true true 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 121 true true true false false false true true 117917 547269 false false false X 11 11 false false false false true true true true true false false true true true true true true true true false X BAHIA CORINTHIAN YACHT CLUB 9496449530 1601 BAYSIDE DRIVE CORONA DEL MAR CA 92625 X SCOTT JONES GENERAL MANAGER 40.00 0.00 204840 0 16329 GEORGES REPICUALT EXECUTIVE CHEF 40.00 0.00 113382 0 12018 KARI KONAPELSKY COMMODORE 10.00 0.00 X X 0 0 0 ROLF ROLNICKI VICE COMMODORE 8.00 0.00 X X 0 0 0 CLEVE SPROULE REAR COMMODORE 6.00 0.00 X X 0 0 0 MICHAEL MEANS Secretary 2.00 0.00 X X 0 0 0 RHONDA TOLAR JR STAFF COMMOD 3.00 0.00 X X 0 0 0 CARY BREEDEN Director 2.00 0.00 X 0 0 0 JEFF GRANBERY Director 2.00 0.00 X 0 0 0 STUART LEIGH Director 2.00 0.00 X 0 0 0 GEORGE HAMPTON Director 2.00 0.00 X 0 0 0 BILL LONG Director 2.00 0.00 X 0 0 0 LYNN NOAH Director 2.00 0.00 X 0 0 0 GARY GRANBERY Treasurer 8.00 0.00 X 0 0 0 318222 28347 2 false true false 0 0 ADVERTISING 541800 4442 1980 2462 INITIATION &TRANSFER FEES 713910 117917 117917 MBRSHP DUES & CONTRIB. 713910 1074820 1074820 OTHER INCOME 713910 47788 47788 SAILING ACTIVITIES 713910 1509592 1509592 2754559 6454 6454 0 0 36371 18186 18185 18185 18185 10796 -10796 -10796 -10796 0 0 2020540 1904918 115622 103992 11630 0 2884024 2845293 38731 X 0 0 0 0 221169 0 538845 9024 87395 61986 0 0 0 0 0 0 0 0 92938 0 0 44359 0 0 0 54958 0 326674 58542 A&G OPERATING EXPENSES 258737 SAILING ACTIVITY OPERATING EXP 249664 REPAIRS & MAINTENANCE 152964 TIDELANDS 143684 528003 2828942 0 0 0 1322175 722420 872571 1480405 0 306342 203766 0 0 0 65812 67283 107477 75989 11638256 6983083 4662242 4655173 0 0 0 0 4081 1237445 7340700 8442481 440580 446260 1385716 1202279 160241 1384697 1986537 3033236 X 4720063 4910927 634100 498318 5354163 5409245 7340700 8442481 55082 X false true X true false 1033544 1033544 4325393 2781727 1543666 3614810 2913049 701761 2664509 1288307 1376202 4655173 OTHER ASSETS 3543 ROU ASSETS 1233902 1237445 DEPOSITS 161599 ROU OPERATING AND FINANCE LEASES 1223098 1384697 X 5024892 2140868 2140868 2884024 2884024 4969810 2140868 2140868 2828942 2828942 Part X : FIN48 Footnote The Club has been granted exemption from Federal and State of California income taxes as a nonprofit organization under the Internal Revenue Code 501(c)(7) and Section 23701g of the California Revenue and Taxation Code. However, the Tax Reform Act of 1969 provides for the assessment of taxes on what is termed "unrelated business income." This is generally defined as interest, and rental income, including rental revenue from the cell tower, and nonmember income from sources such as food, beverage, and yachting revenues.The Clubs policy is to recognize tax positions in the financial statements when it is more-likely-than-not the position will be sustained upon examination by the tax authorities. As of December 31, 2022, the Club had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. As of December 31, 2022, the Clubs annual tax filings for the prior three (3) and four (4) years are open for audit by Federal and state tax agencies, respectively. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF GOODS SOLD $1981921 RENTAL EXPENSE $18186 EMPLOYEE RETENTION CREDIT $129965 LOSS ON ASSETS DISPOSAL $10796 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF GOODS SOLD $1981921 RENTAL EXPENSE $18186 EMPLOYEE RETENTION CREDIT $129965 LOSS ON ASSETS DISPOSAL $10796 X false false false SCOTT JONES GENERAL MANAGER 176989 27851 5792 10537 221169 Form 990, Part VI, Section A, Line 6 BAHIA CORINTHIAN YACHT CLUB IS A PRIVATE EQUITY CLUB. THE MEMBERS ARE OWNERS. Form 990, Part VI, Section A, Line 7a THE CLUB IS GOVERNED BY AN ELEVEN PERSON BOARD THE BOARD MEMBERS ROTATE ANNUALLY ON AVERAGE THREE NEW DIRECTORS ARE VOTED IN EACH YEAR AND THREE MEMBERS END THEIR TERM ON THE BOARD. Form 990, Part VI, Section B, Line 11b THE RETURNS ARE REVIEWED BY THE TREASURER AND THE TREASURER REPORTS TO THE BOARD ON THE REVIEW PRIOR TO SIGNING AND FILING. Form 990, Part VI, Section B, Line 12c THE GENERAL MANAGER AND THE BOARD OF DIRECTORS MONITORS AND REVIEWS ON A CONTINUOUS BASIS. Form 990, Part VI, Section B, Line 15a COMPENSATION OF KEY EMPLOYEES ARE REVIEWED BY THE GENERAL MANAGER AND EXECUTIVE COMMITTEE. THE COMMORDORE OF THE CLUB GIVES THE ANNUAL REVIEW TO THE GENERAL MANAGER. THE EXECUTIVE COMMITTEE REVIEWS ALL COMPENSATION. Form 990, Part VI, Section C, Line 19 THE CLUB DOES NOT MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. Form 990, Part IX, Line 24e ENTERTAINMENT: Column (A) - Total = $78792; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e F&B OPERATING EXPENSE: Column (A) - Total = $67547; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e LAUNDRY: Column (A) - Total = $60567; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MASTERHEAD EXPENSE: Column (A) - Total = $1070; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEMBERSHIP EXPENSE: Column (A) - Total = $103474; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MISCELLANEOUS: Column (A) - Total = $15250; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e OUTSIDE SERVICES: Column (A) - Total = $42765; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Postage and Shipping: Column (A) - Total = $9992; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Printing and Publications: Column (A) - Total = $12086; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PROFESSIONAL FEES: Column (A) - Total = $24000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PROPERTY TAX: Column (A) - Total = $112460; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0