2023-11-15T10:28:26-06:00 2022-12-31 042943536 TONNESON & COMPANY PC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2022-01-01 041108550 BOSTON YACHT CLUB BOST 7816313100 1 FRONT STREET MARBLEHEAD MA 01945 DONALD R HUMPHREY JR TREASURER 7816313100 2023-11-13 1 DONALD HUMPHREY JR 999009999 0 SCOTT W GARABEDIAN P01285485 7812459999 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DONALD R HUMPHREY JR 1 FRONT STREET MARBLEHEAD MA 01945 4307843 0 X WWW.BOSTONYACHTCLUB.NET X 1866 MA TO PROMOTE THE GENERAL INTEREST OF THE MEMBERS IN YACHTING, PROVIDE A SOCIAL RELATIONSHIP AMONG MEMBERS AND PROVIDE FACILITIES FOR MEMBER YACHTING. 373 370 129 0 321927 0 1644623 1747915 328714 339902 33 240 1269468 1193560 3242838 3281617 0 0 0 0 1581148 1853471 0 0 0 1381774 1631258 2962922 3484729 279916 -203112 4161288 4053451 723571 818846 3437717 3234605 TO PROMOTE THE GENERAL INTEREST OF THE MEMBERS IN YACHTING, PROVIDE A SOCIAL RELATIONSHIP AMONG MEMBERS AND PROVIDE FACILITIES FOR MEMBER YACHTING. 0 0 2862116 YACHT CLUB AND RELATED SERVICES: 1) PROMOTING THE GENERAL INTEREST OF THE MEMBERS IN YACHTING, 2) PROVIDING A SOCIAL RELATIONSHIP AMONG MEMBERS, 3) PROVIDING FACILITIES FOR MEMBER YACHTING 2862116 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 1 30 0 1 129 1 1 1 0 0 0 0 181140 528218 0 0 0 X 373 370 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 MA X X DONALD R HUMPHREY JR 7816313100 1 FRONT STREET MARBLEHEAD MA 01945 X THOMAS MAGER COMMODORE 10.00 X X 0 0 0 BRUCE BAKER VICE COMMODORE 10.00 X X 0 0 0 WILLIAM WATT REAR COMMODORE 8.00 X X 0 0 0 JULIE LIVINGSTON SECRETARY 6.00 X X 0 0 0 DONALD R HUMPHREY JR TREASURER 6.00 X X 0 0 0 PHILIP DEVEAUX FLEET CAPTAIN 1.00 X 0 0 0 SCOTT SARAZEN TRUSTEE AT LARGE #1 4.00 X 0 0 0 GPHILIP SCHRODEL TRUSTEE AT LARGE #2 4.00 X 0 0 0 ANNE MOSES TRUSTEE 5.00 X 0 0 0 DAVITA NOWLAND TRUSTEE 4.00 X 0 0 0 WILLIAM COLEHOWER TRUSTEE 4.00 X 0 0 0 GRETCHEN FISHER TRUSTEE 4.00 X 0 0 0 RICHARD FISHKIN TRUSTEE 4.00 X 0 0 0 SARAH BROPHY TRUSTEE 7.00 X 0 0 0 LESLIE ROUSSEAU TRUSTEE 7.00 X 0 0 0 DAVID ANDERSON TRUSTEE 0.50 X 0 0 0 EDWARD BELL TRUSTEE 8.00 X 0 0 0 WILLIAM LARKIN TRUSTEE 4.00 X 0 0 0 JEANNIE ASPINALL TRUSTEE 4.00 X 0 0 0 0 0 0 0 0 0 0 0 1737915 10000 1747915 ROOMS 721310 200363 148909 51454 CLUB FUNCTIONS 713910 85802 54285 31517 WATERFRONT 713910 53737 5493 48244 339902 240 240 38700 18321 20379 20379 20379 2030010 1007905 1022105 92621 929484 ASSESSMENTS 713910 151076 151076 151076 3281617 151076 321927 1060699 X 1583358 1283728 299630 270113 226402 43711 1515 1515 14529 14529 132337 100700 31637 45667 20550 25117 23749 23749 248879 248879 REPAIRS & MAINTENANCE 296802 279427 17375 PROPERTY TAXES & INSURA 217638 214763 2875 SAILING AND RACING 189945 189945 UTILITIES 105458 102791 2667 354739 171182 183557 3484729 2862116 622613 0 137877 106687 233465 229501 170554 163329 20202 20281 8968305 5434652 3599190 3533653 4161288 4053451 121864 253293 29092 39861 572615 525692 723571 818846 X 3431481 3162620 6236 71985 3437717 3234605 4161288 4053451 -203112 0 X 0 0 1 0 6236 6236 6236 6236 6236 6236 6236 6236 6236 6236 0 0 175143 175143 5103984 2782310 2321674 3689178 2652342 1036836 3533653 PART V, LINE 4: MAINTAIN THE TROPHIES AND ISSUE AWARDS THAT ARE STIPULATED IN THE DEEDS OF GIFT. FORM 990, PART VI, SECTION A, LINE 6 THE CLASSES OF MEMBERS ARE AS FOLLOWS: REGULAR MEMBERS AUXILIARY MEMBERS SOCIAL MEMBERS EMERITUS MEMBERS LIFE MEMBERS OUT-PORT MEMBERS HONORARY MEMBERS NON-RESIDENT MEMBERS SENIOR MEMBERS RETIRED MEMBERS REGULAR, SENIOR, RETIRED AND LIFE MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY AND APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A REGULAR, SENIOR, RETIRED AND LIFE MEMBERS ARE ENTITLED TO ONE VOTE EACH ON BUSINESS INVOLVING THE DETERMINATION OF ANNUAL DUES, ASSESSMENTS, COMMITMENT TO EXPENDITURE OF CLUB FUNDS IN EXCESS OF TEN PERCENT OF THE ANNUAL BUDGET, REMOVAL OF OFFICERS, EXPENDITURES FROM THE CAPITAL IMPROVEMENT FUND AND ELECTION OF OFFICERS, MEMBERS-AT-LARGE OF THE BOARD OF TRUSTEES, MEMBERS OF THE LONG-RANGE PLANNING COMMITTEE AND THE NOMINATING COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B REGULAR, SENIOR, RETIRED AND LIFE MEMBERS HAVE THE RIGHT TO APPROVE THE RECOMMENDATION BY THE BOARD OF TRUSTEES TO REMOVE AN OFFICER. HONORARY MEMBERS OF THE CLUB ARE NOMINATED BY THE MEMBERSHIP COMMITTEE, APPROVED BY THE BOARD OF TRUSTEES AND ELECTED BY TWO-THIRDS VOTE OF THE CLUB MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE CLUB'S FORM 990 WAS PROVIDED TO THE TREASURER FOR REVIEW IN ITS ENTIRETY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE CONDUCTED WHICH SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING: REVIEW OF WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CLUB'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E LAUNDRY: PROGRAM SERVICE EXPENSES 69,697. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,697. WATERFRONT EXPENSES: PROGRAM SERVICE EXPENSES 69,268. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,268. MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 64,687. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,687. CLUB FUNCTION EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 56,539. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,539. CREDIT CARD PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 38,419. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,419. GAS: PROGRAM SERVICE EXPENSES 18,528. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,528. BINNACLE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,971. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,971. PENSION PLAN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,200. FOOD - FUEL: PROGRAM SERVICE EXPENSES 8,831. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,831. BEVERAGE - TAXES & LICENCES: PROGRAM SERVICE EXPENSES 4,858. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,858. MANAGER RELATED EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 741. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 741.