2023-07-17T09:44:13-05:00 2022-09-30 592840381 PHILLIPS FELDMAN GROUP 801 LAUREL OAK DRIVE SUITE 303 NAPLES FL 341082764 990 2021-10-01 596213933 NAPLES SAILING AND YACHT CLUB NAPL 2397740424 896 RIVER POINT DRIVE NAPLES FL 34102 THOMAS MCCARTHY COMMODORE 2397740424 2023-07-17 1 THOMAS MCCARTHY 999009999 NATHAN A PHILLIPS CPA P00189856 2395661600 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z THOMAS MCCARTHY 896 RIVER POINT DRIVE NAPLES FL 34102 6545160 0 X WWW.THENSYC.COM X 1965 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 14 14 57 22 296654 22079 0 0 2384438 2970507 2823 2713 2228622 2798068 4615883 5771288 0 0 0 0 2078907 2810522 0 0 0 1506459 1948078 3585366 4758600 1030517 1012688 8220136 9527871 3486086 3781133 4734050 5746738 NAPLES SAILING & YACHT CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF THE CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDED DOCKAGE AND SOCIAL ACTIVITIES TO APPROXIMATELY 300 MEMBERS DURING THE YEAR. TOTAL FOOD & BEVERAGE AND MERCHANDISE REVENUE FOR THE YEAR ENDED 09/30/2022 WAS $1,917,250 OF WHICH $317,590 WAS NON-MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 41 0 1 57 1 1 1 0 0 0 1 1 1301283 417782 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X GREG BARTELS CONTROLLER 2397740424 896 RIVER POINT DRIVE NAPLES FL 34102 THOMAS MCCARTHY COMMODORE 2.00 X X 0 0 0 BOB LEACH VICE COMMODORE 2.00 X X 0 0 0 CAROL JOSEPH REAR COMMODORE 2.00 X X 0 0 0 MIKE MINCH TREASURER 2.00 X X 0 0 0 DEAN LOHMAN SECRETARY 2.00 X X 0 0 0 KELLY FLYNN DIRECTOR 1.00 X 0 0 0 CAROL JOSEPH DIRECTOR 1.00 X 0 0 0 RICK RUST DIRECTOR 1.00 X 0 0 0 STEVE WEDEL DIRECTOR 1.00 X 0 0 0 MIKE MANLEY DIRECTOR 1.00 X 0 0 0 BARBARA TEAFORD DIRECTOR 1.00 X 0 0 0 STEVE ARBAUGH DIRECTOR 1.00 X 0 0 0 JEFF GAGE DIRECTOR 1.00 X 0 0 0 ED GAFFNEY DIRECTOR 1.00 X 0 0 0 MANUEL BLANCO GENERAL MANAGER 52.00 X 244197 0 17311 GREG BARTELS CONTROLLER 40.00 X 96478 0 13219 MICHAEL MADSEN HEAD CHEF 40.00 X 168026 0 14990 ANN MARIE ASHLINE DIRECTOR OF MEMBERSHIP 40.00 X 150750 0 0 659451 0 45520 3 0 1 0 0 MEMBER DUES 713910 1847955 1847955 DOCKAGE AND SERVICE FEES 713910 780297 680105 100192 SERVICE CHARGES 713910 342255 342255 2970507 3803 3803 9942 0 9942 9942 9942 1090 -1090 -1090 -1090 1917520 772782 1144738 952079 192659 CAPITAL DUES 713910 769827 769827 CAPITAL CONTRIBUTIONS FROM NEW VO 713910 347126 347126 CAPTAIN'S TABLE DONATIONS 713910 311950 311950 214485 214485 1643388 5771288 5474634 296654 0 659451 1693054 37534 231418 189065 68020 25627 25721 33254 31852 73535 580373 121415 ADMINISTRATIVE AND GENE 330740 FOOD AND BEVERAGE 180010 UTILITIES 125130 DOCKAGE & SHIP'S STORE 103411 248990 4758600 650 650 3396200 4594473 27971 30172 80878 75051 126561 163686 11790675 7280821 4492244 4509854 95632 153985 8220136 9527871 328807 373030 978692 1165698 2038223 1824621 140364 417784 3486086 3781133 X 4734050 5746738 4734050 5746738 8220136 9527871 1012688 0 X 0 1 X 1 0 93722 93722 7705124 5280603 2424521 2155498 1390891 764607 1836331 609327 1227004 4509854 DEFERRED INITIAL CAPITAL FEES 417784 417784 X 6202905 773872 773872 5429033 342255 342255 5771288 5189127 772782 772782 4416345 342255 342255 4758600 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES WITHIN THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARD BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 772,782. LOSS ON DISPOSAL OF ASSETS 1,090. PART XI, LINE 4B - OTHER ADJUSTMENTS: SERVICE CHARGES 342,255. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 772,782. PART XII, LINE 4B - OTHER ADJUSTMENTS: SERVICE CHARGES 342,255. X 0 0 0 MANUEL BLANCO GENERAL MANAGER 196842 0 27855 0 19500 0 7811 0 9500 0 261508 0 0 0 MICHAEL MADSEN HEAD CHEF 108007 0 34019 0 26000 0 5290 0 9700 0 183016 0 0 0 ANN MARIE ASHLINE DIRECTOR OF MEMBERSHIP 68250 0 82500 0 0 0 0 0 0 0 150750 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED YACHT CLUB OFFERING RESTAURANT FACILITIES, DOCKAGE, AND SOCIAL ACTIVITIES TO ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ONLY FULL MEMBERSHIPS HAVE VOTING PRIVILEDGES (1 VOTE PER FAMILY). FORM 990, PART VI, SECTION A, LINE 7B BOARD OF DIRECTORS DECISIONS SUBJECT TO MEMBERSHIP APPROVAL ARE CHANGES TO THE BYLAWS, ADMISSION, RESIGNATION, SUSPENSION AND EXPULSION OF MEMBERS, AND CAPITAL EXPENDITURES OVER $150,000 ARE SUBJECT TO APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CONTROLLER, GENERAL MANAGER, TREASURER, COMMODORE, VICE COMMODORE, AND REAR COMMODORE, PRIOR TO FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE SALARIES FOR THE GENERAL MANAGER, CONTROLLER, EXECUTIVE CHEF, DIRECTOR OF MEMBERSHIP, FOOD & BEVERAGE MANAGER, AND THE DOCKMASTER, BASED ON DATA SUPPLIED BY THE TRENDS REPORT. ADDITIONAL COMPENSATION IS BASED ON MERIT AND PERFORMANCE, WITH METRICS SUCH AS MEMBERSHIP LEVELS AND PROFITABILITY AMOUNTS. ALL OTHER EMPLOYEES' BASE PAY IS DETERMINED BY THE GENERAL MANAGER USING LOCAL DATA AND PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT PROVIDE COPIES OF THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY. GOVERNING DOCUMENTS ARE AVAILABLE ON THE CLUB'S WEBSITE.