2023-12-19T08:13:04-06:00 2023-09-30 043138777 PKF JND PC 400 CROWN COLONY DRIVE SUITE 102 QUINCY MA 02169 990 2022-10-01 041278322 EDGARTOWN YACHT CLUB EDGA 5086274361 P O BOX 1309 EDGARTOWN MA 025391309 LYNN M EVERDELL TREASURER 5086274361 2023-12-18 1 LYNN EVERDELL 999009999 0 ROBERT V DANDROW P00294799 6174220007 2023-12-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RUSS SALISBURY P O BOX 1309 EDGARTOWN MA 025391309 6582437 0 X EDGARTOWNYC.ORG X 1905 MA RECREATIONAL ACTIVITIES AS WELL AS FOOD AND BEVERAGE SERVICES FOR CLUB MEMBERS. 15 15 132 247 141534 103207 10000 0 3710464 4322590 55781 55422 147381 133537 3923626 4511549 0 0 0 0 1930082 2058228 0 0 0 1802565 2070619 3732647 4128847 190979 382702 19483770 20156058 534551 678280 18949219 19477778 X THE EDGARTOWN YACHT CLUB WAS FOUNDED IN 1905 TO PERPETUATE THE MARITIME TRADITIONS OF EDGARTOWN AND MARTHA'S VINEYARD. THE MISSION OF THE CLUB IS TO BRING TOGETHER THOSE WHO HAVE AN ABIDING INTEREST IN YACHTING, SAILBOAT RACING, SEAMANSHIP AND COMPETITION IN THE HIGHEST CORINTHIAN SPIRIT. THE CLUB SEEKS TO ENCOURAGE THE TRADITIONS OF EXCELLENCE AND GOOD SPORTMANSHIP IN TENNIS AND SAILING, AS WELL AS TO PROMOTE THE ENJOYMENT OF DINING AND OTHER SOCIAL ACTIVITIES. WITH THESE IDEALS IN MIND, MEMBERS ARE ENCOURAGED TO GIVE FREELY OF THEIR TIME AND TALENTS IN ORDER TO ENHANCE THE QUALITY OF LIFE AT THE CLUB. 0 0 FOOD, BEVERAGE, AND RECREATIONAL ACTIVITIES FOR 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 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 44 0 132 1 1 1 0 0 0 1 1 1222254 224885 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE CLUB 5086274361 ONE DOCK ST EDGARTOWN MA 02539 X RUSS SALISBURY COMMODORE 5.00 X X 0 0 0 ANDREW C SMITH VICE COMMODORE 5.00 X X 0 0 0 HARALD B FINDLAY REAR COMMODORE 5.00 X X 0 0 0 LYNN M EVERDELL TREASURER 4.00 X 0 0 0 PATRICK E BRADLEY SECRETARY 3.00 X 0 0 0 ELIZABETH BALAY TRUSTEE 2.00 X 0 0 0 D BLAKE BATH SR TRUSTEE 2.00 X 0 0 0 JILL COYLE TRUSTEE 2.00 X 0 0 0 KENNETH DOBULER TRUSTEE 2.00 X 0 0 0 BARBARA T EMERY TRUSTEE 2.00 X 0 0 0 WILLIAM A FINN TRUSTEE 2.00 X 0 0 0 JONATHAN LINDENBERG TRUSTEE 2.00 X 0 0 0 ALLYSON R PACHIOS TRUSTEE 2.00 X 0 0 0 AMANDA D PHILLIPS TRUSTEE 2.00 X 0 0 0 ERIC REAMAN TRUSTEE 2.00 X 0 0 0 STEPHEN REYNOLDS TRUSTEE 2.00 X 0 0 0 IAN M SMITH TRUSTEE 2.00 X 0 0 0 JOSEPH HOLLAND DIRECTOR OF TENNIS 40.00 X 317195 0 37198 WILLIAM J ROMAN CLUB MANAGER 52.00 X 213040 0 35354 SCOTT FISH CONTROLLER/ADMINISTRATIVE MANAGER 50.00 X 147749 0 41143 EZRA AGNEW MAINTENANCE SUPERVISOR 40.00 X 106738 0 43744 784722 0 157439 4 0 1 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713910 3296475 3296475 TENNIS FEES 713910 462527 462527 SAILING COMMITTEE 713910 292444 292444 FITNESS CENTER 713990 163060 163060 REGATTA 713990 42401 6339 36062 65683 65683 4322590 55489 55489 142226 83539 58687 58687 58687 30392 30459 -67 -67 -67 2031740 1956890 74850 83487 -8637 4511549 4370015 141534 0 1468518 70464 384819 134427 4546 55121 49687 155121 62251 368878 8439 745569 84895 SAILING 191606 FITNESS CENTER 159364 UBIT - TAXES 73241 TENNIS 62256 49645 4128847 196724 474843 848519 564388 711400 665378 104792 133320 42463 40916 23622310 7909165 16140980 15713145 1438892 2524303 39765 19483770 20156058 406809 467136 127742 211144 534551 678280 X 18949219 19477778 18949219 19477778 19483770 20156058 382702 145857 0 X X 0 1 X 1 0 4012700 4012700 14846691 4293351 10553340 3467206 2665212 801994 1295713 950602 345111 15713145 1583 DEFERRED TAX LIABILITY 170041 OPERATING LEASE LIABILITIES 39520 211144 X 6640478 145857 2040429 2186286 4454192 57357 57357 4511549 6111919 2040429 2040429 4071490 57357 57357 4128847 PART X, LINE 2: MANAGEMENT OF THE CLUB HAS EVALUATED ITS UNCERTAIN TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 83,539. COST OF GOODS SOLD 1,956,890. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 83,539. COST OF GOODS SOLD 1,956,890. X X X 0 0 0 JOSEPH HOLLAND DIRECTOR OF TENNIS 111560 0 22960 0 182675 0 7653 0 29545 0 354393 0 0 0 WILLIAM J ROMAN CLUB MANAGER 169561 0 43479 0 0 0 14917 0 20437 0 248394 0 0 0 SCOTT FISH CONTROLLER/ADMINISTRATIVE MANAGER 129301 0 18448 0 0 0 9598 0 31545 0 188892 0 0 0 EZRA AGNEW MAINTENANCE SUPERVISOR 91953 0 14785 0 0 0 7940 0 35804 0 150482 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS FOUR CLASSES OF MEMBERSHIP: ACTIVE MEMBERS (INCLUDING FAMILY AND INDIVIDUAL MEMBERSHIPS), JUNIOR MEMBERS, HONORARY MEMBERS, AND MEMBERS ON LEAVE OF ABSENCE. FORM 990, PART VI, SECTION A, LINE 7A THE ACTIVE MEMBERS ELECT THE MEMBERS OF THE CLUB'S GOVERNING BODY (TRUSTEES) AND THE CLUB'S OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING. THE 990 WAS REVIEWED BY THE TREASURER, GENERAL MANAGER AND CONTROLLER/ADMINISTRATIVE MANAGER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, STAFF WITH SIGNIFICANT DECISION-MAKING AUTHORITY ("STAFF"), AND INDIVIDUALS RELATED TO OR ASSOCIATES OF BOARD MEMBERS AND/OR STAFF, COLLECTIVELY REFERRED TO AS "INTERESTED PERSONS". EACH INTERESTED PERSON COMPLETED A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE WHEN THE POLICY WAS IMPLEMENTED. ADDITIONALLY A QUESTIONNAIRE IS COMPLETED WHEN A PERSON BECOMES AN INTERESTED PARTY. ANNUAL COMPLETION OF A DISCLOSURE QUESTIONNAIRE AND COMPLIANCE CERTIFICATE ARE REQUIRED. THE REVIEW OF THE QUESTIONNAIRES AND COMPLIANCE CERTIFICATES ARE REVIEWED IN ACCORDANCE WITH THE POLICY. FINALLY, IN ADDITION TO THE ANNUAL PROCESS, ALL INTERESTED PARTIES ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB'S FINANCE COMMITTEE UTILIZES INDUSTRY COMPARABLES AND LOCAL AREA SURVEYS, COMBINED WITH A JOB PERFORMANCE EVALUATION, TO DETERMINE THE COMPENSATION PACKAGE FOR ITS GENERAL MANAGER AND CONTROLLER/ADMINISTRATIVE MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XII, LINE 2C: THE CLUB HAS AN AUDIT COMMITTEE WHO ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE REVIEW PROCESS AND THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EDGARTOWN YACHT CLUB FOUNDATION INC 1 DOCK STREET EDGARTOWN MA 02539 474512715 PRESERVATION OF HISTORIC STRUCTURES MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0