2023-09-15T13:45:38-05:00 2022-10-31 592840381 PHILLIPS FELDMAN GROUP 801 LAUREL OAK DRIVE SUITE 303 NAPLES FL 341082764 990 2021-11-01 590558704 CARLOUEL YACHT CLUB INC CARL 7274469162 1091 ELDORADO AVENUE CLEARWATER FL 33767 PHIL GUINAND TREASURER 7274469162 2023-09-15 1 PHIL GUINAND 999009999 NATHAN A PHILLIPS CPA P00189856 2395661600 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BOBBY METZ 1091 ELDORADO AVENUE CLEARWATER FL 33767 5823654 0 X WWW.CARLOUEL.NET X 1960 FL FOOD AND BEVERAGE SERVICES PROVIDED TO MEMBERS IN A PRIVATE, MEMBER OWNED, SOCIAL CLUB SETTING. 10 10 129 26 10998 0 0 0 2468042 2811206 1615 333 2746911 343855 5216568 3155394 0 0 0 0 2640177 1329424 0 0 0 1607658 1187624 4247835 2517048 968733 638346 4260634 3869582 1536969 501071 2723665 3368511 X THE PURPOSE OF THE CLUB IS TO PROVIDE A SOCIAL CAMARADERIE FOR ITS MEMBERS BY WAY OF OFFERING A PRIVATE BEACH, DAILY DOCKAGE, CLUB EVENTS AND FOOD AND BEVERAGE. 0 0 THE CLUB CONSISTED OF APPROXIMATELY 504 MEMBERS AS OF OCTOBER 31, 2022. FOOD, BEVERAGE AND OTHER ENTERTAINMENT ARE PROVIDED TO THE CLUB'S MEMBERS. THE CLUB MAINTAINS A CLUBHOUSE TO PROVIDE LUNCHEON AND DINNER SERVICES TO ITS MEMBERS AND THEIR GUESTS, AND BANQUETS AND PARTIES FOR ITS MEMBERS. THE CLUB MAINTAINS TWO OUTDOOR POOLS AND TENNIS RECREATIONAL FACILITIES FOR USE BY ITS MEMBERS AND THEIR GUESTS. MEMBERS MAY PARTICIPATE IN SWIM MEETS AND OTHER TOURNAMENTS. THE CLUB'S OTHER PROGRAM SERVICES INCLUDE CAMP CARLOUEL, A SUMMER DAY PROGRAM FOR CHILDREN, MAINTENANCE OF CABANAS THAT MAY BE RENTED BY THE MEMBERS, PRIVATE BEACH ACCESS, TEMPORARY BOAT DOCKAGE, AND OTHER MISCELLANEOUS MEMBERSHIP PROGRAMS. THE CLUB OFFERS VARIOUS TYPES OF WATERCRAFT, INCLUDING 3 OUTBOARD RESCUE BOATS, 11 SAILING PRAMS, 24 KAYAKS AND 6 STAND UP PADDLE BOARDS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 129 1 1 1 0 0 0 1 1 425669 539134 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 0 1 1 1 1 0 X MARC CARTER 7274469162 1091 ELDORADO AVENUE CLEARWATER BEACH FL 33767 X BRAD MEINCK COMMODORE 1.00 X X 0 0 0 BOBBY METZ VICE COMMODORE 1.00 X X 0 0 0 CHRIS FOLEY REAR COMMODORE 1.00 X X 0 0 0 PETER JONES TREASURER 1.00 X X 0 0 0 JORDAN BEHAR VICE COMMODORE 1.00 X X 0 0 0 DEV PATHIK GOVERNOR 1.00 X 0 0 0 PAUL ZOZ GOVERNOR 1.00 X 0 0 0 KATIE COLE GOVERNOR 1.00 X 0 0 0 ERIC WALBECK GOVERNOR 1.00 X 0 0 0 JESSICA WARD GOVERNOR 1.00 X 0 0 0 MARC CARTER GENERAL MANAGER 40.00 X 124626 0 2068 KYLE LATSHA EXECUTIVE CHEF 40.00 X 109827 0 5433 234453 0 7501 2 0 0 0 0 MEMBERSHIP DUES AND ASSESSMENTS 713990 2511149 2511149 SPORTS AND MEMBER ACTIVITIES 713990 300057 297327 2730 2811206 333 333 2128279 2668260 -539981 -541916 1935 INITIATION FEES 713990 425669 425669 CAPITAL DUES 713990 349841 349841 OTHER INCOME 713990 93224 87224 6000 15102 15102 883836 3155394 3144396 10998 0 255000 831882 6683 151542 84317 23199 34215 3152 16666 21832 250294 226415 CLUBHOUSE 171901 DINING ROOM AND BAR 168859 POOL AND TENNIS 123779 MEMBERSHIP DEVELOPMENT 93026 54286 2517048 362100 176350 307074 384408 123060 148671 116569 92640 7601095 4800879 2934303 2800216 417528 267297 4260634 3869582 280025 326474 43000 83847 1127624 0 86320 90750 1536969 501071 X 2723665 3368511 2723665 3368511 4260634 3869582 X 638346 6500 X 0 1 X 1 0 29863 29863 4462000 2160246 2301754 1619460 1412575 206885 1489772 1228058 261714 2800216 DEPOSITS 5000 EMPLOYEE RETENTION CREDIT RECEIVABLE 161612 CONSTRUCTION IN PROGRESS 100685 267297 NON-MEMBER DEPOSITS 75750 REFUNDABLE INITIATION FEES TO MEMBERS 15000 90750 X 5823654 2668260 2668260 3155394 0 3155394 5185308 2668260 2668260 2517048 0 2517048 PART X, LINE 2: THE CLUB FOLLOWS ACCOUNTING STANDARDS CODIFICATION TOPIC 740, "INCOME TAXES" ("ASC 740"). A COMPONENT OF ASC 740 PRESCRIBES A RECOGNITION AND MEASUREMENT THRESHOLD OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THERE WAS NO MATERIAL IMPACT ON THE CLUB'S FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF THE APPLICATION OF ASC 740. THE CLUB'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS UNDER THIS STANDARDS AS A COMPONENT OF INCOME TAX EXPENSE, AND NONE WERE RECOGNIZED SINCE THERE WAS NO MATERIAL IMPACT OF THE OVERALL APPLICATION OF ASC 740. THE CLUB'S INFORMATION RETURNS ARE OPEN TO EXAMINATION BY TAX AUTHORITIES FOR THE TAX YEAR ENDED OCTOBER 31, 2019 AND ALL SUBSEQUENT YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,668,260. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,668,260. X 0 1 X X 0 0 0 PAUL ZOZ BOARD MEMBER 25126 WIFI EQUIPMENT AND SERVICE 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE, MEMBER OWNED SOCIAL CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY ACTIVE MEMBERS WITH AN EQUITY CERTIFICATE. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY REQUIRE CERTAIN DECISIONS TO BE APPROVED BY A VOTE OF THE MEMBERSHIP. CHANGES MADE TO THE ARTICLES OF INCORPORATION, ADDING OR REMOVING BOARD MEMBERS, SALES OF PROPERTY, MORTGAGE OF REAL PROPERTY, OR ANY PURCHASES OVER 10% OF GROSS REVENUE ARE SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CONTROLLER, TREASURER, COMMODORE, VICE COMMODORE, AND REAR COMMODORE REVIEW THE FORM 990 BEFORE IT IS FILED. THEREAFTER AN EXACT COPY OF FORM 990, THAT WILL BE FILED WITH THE INTERNAL REVENUE SERVICE, IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD FOR THEIR REVIEW AND APPROVAL FOR FILING. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE. GENERAL MANAGER REVIEWS AND APPROVES ALL OTHER COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON THE CLUB'S WEBSITE. UPON REQUEST OF THE MEMBERS, FINANCIAL STATEMENTS ARE MADE AVAILABLE; THIS IS A PRIVATE ORGANIZATION, THUS FINANCIAL STATEMENT DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: REDEMPTION OF MEMBERSHIP CERTIFICATES, NET 6,500.