2023-11-13T15:35:15-06:00 2022-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2022-01-01 590603864 CORAL RIDGE YACHT CLUB CORA 9545661514 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 MAYNARD HELLMAN HEAD COMMODORE 9545661514 2023-11-09 1 MAYNARD HELLMAN 999009999 0 CHRISTOPHER CECIL P01877773 5616971785 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MAYNARD HELLMAN 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 5161002 0 X CORALRIDGEYACHTCLUB.COM X 1978 FL TO BIND THE CLUB'S MEMBERS TOGETHER UNDER A COMMON PURPOSE DIRECTED AT PLEASURE AND RECREATION. 12 12 101 40 240926 0 379716 0 2222431 2909015 -250197 -85135 635486 1300525 2987436 4124405 0 0 0 0 1492093 2278353 0 0 0 1821070 2919145 3313163 5197498 -325727 -1073093 7604329 9093521 5155879 6621934 2448450 2471587 TO BIND THE CLUB'S MEMBERS TOGETHER UNDER A COMMON PURPOSE DIRECTED AT PLEASURE AND RECREATION. 0 0 THE CLUB PROVIDES FOOD, BEVERAGE, ENTERTAINMENT, AND DOCKAGE FOR YACHT CLUB MEMBERS. 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 26 0 1 101 1 1 1 0 0 0 1 1 0 436356 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KIM LODOVICO CONTROLLER 9545661514 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 CHIP STARKEY COMMODORE 15.00 X X 0 0 0 MAYNARD HELLMAN VICE COMMODORE 10.00 X X 0 0 0 T FRED ROCHE REAR COMMODORE 10.00 X X 0 0 0 RICHARD SCHEFF IMMEDIATE PAST COMMODORE 5.00 X X 0 0 0 ROZ ALFORD SECRETARY 10.00 X X 0 0 0 DENNIS LINCOLN TREASURER 15.00 X X 0 0 0 JIM PEASE GOVERNOR 5.00 X 0 0 0 AJ STARKS GOVERNOR 5.00 X 0 0 0 PAUL SHEERIN GOVERNOR 5.00 X 0 0 0 KEVIN CASSELL GOVERNOR 5.00 X 0 0 0 MARK FORTIER GOVERNOR 5.00 X 0 0 0 DON LAWRYUNIK GOVERNOR 5.00 X 0 0 0 ELIZABETH LEBRECHT FINANCIAL OFFICER 40.00 X 49231 0 0 MARK TYSON GENERAL MANAGER (THROUGH 05/01) 40.00 X 143327 0 0 NADINE ROCKWELL GENERAL MANAGER (AS OF 05/01) 40.00 X 127392 0 0 STEVEN ZOBEL HEAD CHEF 40.00 X 101269 0 0 421219 0 0 3 0 0 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 1980385 1980385 DOCKS 713910 928630 928630 2909015 1821 1821 86956 -86956 -86956 -86956 2109509 949641 1159868 920763 239105 OTHER INCOME 713910 140657 140657 140657 4124405 3970435 240926 -86956 1998929 279424 230611 298708 227211 REPAIRS & MAINTENANCE 681715 GENERAL & ADMINISTRATIV 571610 CLUB ACTIVITIES 281554 FOOD & BEVERAGE 255532 372204 5197498 888288 1215366 510342 735467 121215 95496 138939 30468 9647376 2834150 5907717 6813226 37828 203498 7604329 9093521 1901943 435284 495781 718990 2745498 5301342 12657 166318 5155879 6621934 X 2448450 2471587 2448450 2471587 7604329 9093521 X -1073093 1096230 X X 0 1 X 1 0 126984 126984 5376303 742016 4634287 1620376 642182 978194 2523713 1449952 1073761 6813226 CURRENT FINANCE LEASE LIABILITY 33763 LONG-TERM FINANCE LEASE LIABILITY 113142 LONG-TERM OPERATING LEASE LIABILITY 9161 CURRENT OPERATING LEASE LIABILITY 10252 166318 X 5074046 949641 949641 4124405 0 4124405 6147139 949641 949641 5197498 0 5197498 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 FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 949,641. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 949,641. X X 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ONLY FULL MEMBERS HAVE VOTING RIGHTS AND THE ABILITY TO RUN FOR ANY OFFICE OR SERVE ON ANY COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTS ARE SUBJECT TO MEMBERSHIP APPROVAL: INDEBTEDNESS OF THE CLUB GREATER THAN $300,000, ANNUAL ASSESSMENT GREATER THAN $150,000, THE SALE OR TRANSFER OF ANY REAL ESTATE, AIR RIGHTS, AND/OR WATER RIGHTS OWNED OR TITLED TO THE CLUB, AND ANY CHANGES TO THE CLUB'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE TAX RETURN ARE HANDED OUT TO THE ENTIRE BOARD. HOWEVER, 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 TREASURER AND COMMODORE. THE TREASURER AND COMMODORE REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS ALL CONFLICT OF INTEREST POLICIES AND DISCLOSURES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER PERFORMANCE IS REVIEWED ANNUALLY DURING THE EXECUTIVE SESSION OF THE BOARD OF GOVERNORS. AT THE CONCLUSION OF THIS REVIEW, THIS IS DISCUSSED WITH THE GENERAL MANAGER AND DOCUMENTED. ANNUAL COMPENSATION IS ALSO REVIEWED AND BUDGETED FOR ALL ON AN ANNUAL BASIS AS PART OF ANNUAL PERFORMANCE REVIEWS. 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 CLUB'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST, ON THE CLUB'S WEBSITE, AND FOR INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: NONRECURRING CAPITAL CONTRIBUTIONS 464,540. MEMBERSHIP MARKETING -198,960. CAPITAL IMPROVEMENT ASSESSMENT 232,420. WINDSTORM RESERVE ALLOCATED FROM MEMBERSHIP DUES 46,106. CAPITAL PROJECT ASSESSMENT 552,124. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC 2800 YACHT CLUB BLVD FT LAUDERDALE FL 33304 465511301 TO PROVIDE SUPPORT FOR CHARITABLE & EDUCATIONAL PROJECTS AND PROGRAMS. FL CORAL RIDGE YACHT CLUB INC C 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC B 1000 FMV CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC L 0 FMV