2023-10-31T12:13:00-07:00 2022-12-31 811424876 Greenridge Financial Services LLC 52 Greenridge Lane Lincoln MA 01773 990 2022-01-01 113749156 Watertown Yacht Club Inc WATE 6179249848 PO Box 137 Watertown MA 02471 Frederick Heim Jr President 6179249848 2023-10-31 true Fredrick Heim Jr XXX-XX-XXXX true Elisa Sartori P00446916 6178729671 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Frederick Heim Jr PO Box 137 Watertown MA 02471 250692 false X N/A X 1941 MA The Watertown Yacht Club (WYC) is a social organization of boaters whose mission is to promote boating safety among adults and minors as well as to provide facilities for keeping boats summer and winter and to advance the social advancement and entertainment of its members. 13 13 1 100 1997 997 161092 132942 108921 100605 1715 1997 4855 7788 276583 243332 0 0 42336 38804 0 0 205608 173659 247944 212463 28639 30869 399325 545235 181423 278733 217902 266502 The Watertown Yacht Club (WYC) is a social organization of boaters whose mission is to promote boating safety among adults and minors as well as to provide facilities for keeping boats summer and winter and to advance the social advancement and entertainment of its members. false false 141080 Club Operations and Maintenance 56656 Entertainment, Administration, Special Projects 14726 Boat Expenses 212462 false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 1 true true true false false false false false false false X 13 13 false false false false true true true true true false false true false false false false true false X Tim Martin 6179249848 C/O WYC PO Box 137 Watertown MA 02471 X Tim Martin Treasurer 4.00 0.00 X X 0 0 0 Frederick Heim Jr President 4.00 0.00 X X 0 0 0 Carlos Ruperti Vice President 4.00 0.00 X X 0 0 0 Paul Dubiel Jr Vice President 4.00 0.00 X X 0 0 0 Howard M Hecht Secretary 4.00 0.00 X X 0 0 0 David Balducci Vice President 2.00 0.00 X X 0 0 0 Milton Shull Director 4.00 0.00 X 0 0 0 Mark Butts Director 2.00 0.00 X 0 0 0 Steve Lyndon Director 4.00 0.00 X 0 0 0 Don Vachon Director 4.00 0.00 X 0 0 0 Joseph Ballow Director 4.00 0.00 X 0 0 0 Robert Balducci Director 4.00 0.00 X 0 0 0 Thomas J Lynch Vice President 4.00 0.00 X X 0 0 0 0 false false false 0 132942 132942 Electricity 713990 13870 13870 Float Rental 713990 43093 43093 Winter Storage 713990 43642 43642 100605 1997 1997 0 0 7360 7360 0 0 0 0 0 Member Revenue 900099 7788 7788 7788 243332 108393 1997 0 0 0 0 0 0 35688 0 0 3116 0 0 0 0 0 0 0 0 17062 0 0 0 0 0 0 0 0 0 0 Clubhouse & Maint 102276 Initiation fees 20000 Entertainment 15300 Boat Expenses 14726 4295 212463 0 0 0 25 38935 253009 255968 0 6354 111771 0 0 0 13050 11575 99 312654 185767 126887 126887 0 0 0 0 0 399325 545235 181423 278733 181423 278733 X 217902 195784 70718 217902 266502 399325 545235 30869 17731 X false false false 312654 185767 126887 126887 Applicant Deposits 400 Ch 91 Reserves 12500 Charitable Donations 650 Club House F&F 2583 Emergency Fund 126259 Fuel Dispensing 20288 Jr. Members' Fund 354 Memorial Scholarship 952 New Members in Excess of Budget 20000 Overhaul Winch 4200 Payroll Liabilities -948 Rebuild Causeway 6150 Replace Broadway 20100 Replace Fork Truck 15845 Riverbank Fund 45400 Site Security 4000 278733 Form 990, Part VI, Section A, Line 6 This is a membership organization as described in IRC Sec 501(c)(7) Form 990, Part VI, Section A, Line 7a As required by governance documents Form 990, Part VI, Section A, Line 7b As required by governance documents Form 990, Part VI, Section B, Line 11b A draft form 990 was emailed to all members of the voting governing body for review before it was filed. Form 990, Part VI, Section B, Line 15b N/A Form 990, Part VI, Section C, Line 19 No documents available to the public. DISCLOSURE REGARDING YEAR END AND ACCOUNTING The organization is a calendar year end entity for tax purposes, but reports financial income to the board as of November 30. In prior years the organization inadvertently reported twelve months of income ending November 30 on its Forms 990. This 2022 report adjusts for this discrepancy in the amount of $6,090, which is the net difference required to report a full year ending December 31, 2022.