2023-08-15T13:35:27-04:00 2022-09-30 320394930 STROEMER & COMPANY 14030 METROPOLIS AVE STE 200 FORT MYERS FL 33912 990 2021-10-01 592520109 CAPTIVA ISLAND YACHT CLUB INC CAPT 2394724133 PO BOX 1239 CAPTIVA FL 33924 TINA WYSOCKI TREASURER 2394724133 2022-07-12 TINA WYSOCKI 999009999 MARC WHITFIELD CPA P00125986 2394331002 2023-07-12 2021 2023-04-26 12:10:37Z X JOHN HALLIGAN PO BOX 1239 CAPTIVA FL 33924 2133713 false X WWW.CAPTIVAIYC.NET X 1985 FL THE PURPOSE OF THE ORGANIZATION IS FOR THE SOCIAL ENJOYMENT OF MEMBERS AND TO PROMOTE SAFE BOATING PRACTICES. IT ALSO PROMOTES AND ENCOURAGES RESPECT FOR THE ENVIRNOMENT. 15 15 23 100 0 0 1222664 1313337 -246526 -16298 234566 624078 1210704 1921117 0 0 567360 913532 0 0 396240 810760 963600 1724292 247104 196825 4848457 6141416 2187153 3283287 2661304 2858129 THE PURPOSE OF THE ORGANIZATION IS FOR THE SOCIAL ENJOYMENT OF MEMBERS AND TO PROMOTE SAFE BOATING PRACTICES. IT ALSO PROMOTES AND ENCOURAGES RESPECT FOR THE ENVIRNOMENT. false false OPERATION OF RECREATIONAL AND DINING FACILITIES FOR MEMBERS. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 0 0 true 23 true false false false false false 115000 false false false X 15 15 false false false false true true false true true false false true true true true false false true true false X LAUREN V DAVIES 2394724133 15903 CAPTIVA DRIVE CAPTIVA FL 33924 X BRIAN WALKER GENERAL MANA 40.00 X 201276 0 0 JAY BROWN DIRECTOR 0.50 X 0 0 0 ROBYN COOK VICE COMMODO 5.00 X X 0 0 0 GORDON COONS REAR COMMODO 5.00 X X 0 0 0 MOLLY DOWNING DIRECTOR 0.50 X 0 0 0 CLAY EWELL DIRECTOR 0.50 X 0 0 0 PAM FRIDLINGTON DIRECTOR 0.50 X 0 0 0 BRUCE GURALL DIRECTOR 0.50 X 0 0 0 JOHN HALLIGAN COMMODORE 5.00 X X 0 0 0 CHRIS HEIDRICK DIRECTOR 0.50 X 0 0 0 GEORGE HEISLER DIRECTOR 0.50 X 0 0 0 SUSAN KIENZLE SECRETARY 0.50 X X 0 0 0 MARK KOELMEL PAST COMMODO 0.50 X X 0 0 0 TOM LIBONATE DIRECTOR 0.50 X 0 0 0 NANCY SPERTE DIRECTOR 0.50 X 0 0 0 TINA WYSOCKI TREASURER 10.00 X X 0 0 0 201276 1 false true false MEMBERSHIP DUES 785479 785479 SPECIAL ASSESSMENT 398040 398040 MEMBERSHIP CHARGES 115000 115000 DOCKAGE FEES 14818 14818 1313337 3397 3397 19695 -19695 -19695 -19695 488220 192901 295319 295319 INTEREST RATE SWAP 186294 186294 SERVICE CHARGES 92741 92741 MISC INCOME 49724 49724 328759 1921117 1917720 3397 805785 45437 62310 679 27090 75362 47220 183940 38308 230050 79915 HURRICANE REPAIRS 49712 BEACH RENOURISHMENT 34502 SOCIAL PROGRAM 13612 MISCELLANEOUS EXPENSE 9982 20388 1724292 0 0 0 1578554 1959148 130502 319902 9167 19053 38524 50297 4167046 979893 2221829 3187153 869881 396009 209854 4848457 6141416 21764 133691 1220030 1405000 1917466 760389 12100 2187153 3283287 X 2661304 2858129 2661304 2858129 4848457 6141416 X 196825 X false true X true false 300000 300000 2677768 605779 2071989 496312 208800 287512 681322 162123 519199 11644 3191 8453 3187153 OFFSITE EVENT DEPOSITS 12100 12100 X 1921117 1921117 1921117 1724292 1724292 1724292 SCHEDULE D, PAGE 3, PART X THE CLUB IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. THERE IS NO FEDERAL OR STATE TAX IMPOSED ON THE CLUB. INTERNAL REVENUE CODE 521 IMPOSES A CORPORATE INCOME TAX ON THE "UNRELATED BUSINESS INCOME" OF AN OTHERWISE TAX-EXEMPT CLUB. THERE ARE NO TEMPORARY DIFFERENCES BETWEEN THE FINANCIAL REPORTING AND TAX REPORTING WITH RESPECT TO THE UNRELATED BUSINESS INCOME; THEREFORE NO DEFERRED TAX PROVISION HAS BEEN RECORDED. THE CLUB INCURRED NO FEDERAL INCOME TAX LIABILITY FOR THE YEAR ENDED SEPTEMBER 30, 2022. MANAGEMENT HAS ANALYZED ITS VARIOUS FEDERAL FILING POSITIONS AND BELIEVES THAT THE CLUB'S INCOME TAX FILING POSITIONS AND DEDUCTIONS ARE WELL DOCUMENTED, SUPPORTED AND CONTAIN NO UNCERTAIN TAX POSITIONS. ADDITIONALLY, MANAGEMENT BELIEVES THAT NO ACCRUALS FOR TAX LIABILITIES, INTEREST OR PENALTIES ARE REQUIRED. THEREFORE, NO RESERVES FOR UNCERTAIN INCOME TAX POSITIONS HAVE BEEN RECORDED. FURTHER, NO INTEREST OR PENALTIES HAVE BEEN INCLUDED SINCE NO RESERVES WERE RECORDED. WHEN APPLICABLE, SUCH INTEREST AND PENALTIES WILL BE REPORTED AS INCOME TAX EXPENSE. THE CLUB'S FEDERAL INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS FROM THE DATE OF FILING. THE INTERNAL REVENUE SERVICE HAS EXEMPTED THE CLUB FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(7) OF THE INTERNAL REVENUE CODE. false false false BRIAN WALKER GENERAL MANAGER 201276 201276 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS SERVE ON THE 20 DIFFERENT COMMITTEES AT THE CLUB. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE TAX RETURN IS REVIEWED BY THE BOARD PRIOR TO SIGNING AND FILING THE TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 12C SIGNED BY ALL MEMBERS OF THE BOARD OF DIRECTORS. MONITORED BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A NO COMPENSATION IS GIVEN TO THE CEO OR EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR GENERAL MANAGER, BUSINESS MANAGER AND EXECUTIVE CHEF ARE REVIEWED ANNUALLY AND REVIEW IS APPROVED BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 CYIC IS A PRIVATE ORGANIZATION. DOCUMENTS ARE AVAILABLE TO MEMBERS ONLY. FORM 990, PART XI, LINE 9 NEW MEMBER CERTIFICATES 315,800 MEMBER CERTIFICATES REFUNDED -315,800