2023-11-06T14:39:56-06:00 2022-12-31 593783195 TAKETA IWATA HARA & ASSOCIATES LLC 101 AUPUNI STREET SUITE 139 HILO HI 96720 990 2022-01-01 990041250 HILO YACHT CLUB HILO 8089696663 77 LAEHALA STREET HILO HI 96720 LISA HADWAY SPAIN COMMODORE 8089696663 2023-10-24 LISA HADWAY SPAIN 999009999 0 NATHAN COLGROVE P00283739 8089355404 2023-10-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LISA HADWAY SPAIN 77 LAEHALA STREET HILO HI 96720 3424763 0 X WWW.HILOYACHTCLUB.ORG X 1919 HI THE CLUB'S PURPOSE IS TO FURTHER THE SOCIAL INTERACTION AND CAMARADERIE OF ITS MEMBERS THROUGH THE CREATION OF A GATHERING PLACE FOR SOCIAL INTERACTION AND THROUGH THE SPORTSMANSHIP AND COMPETITION OF ATHLETICS. 13 13 45 60 189356 0 0 0 2655587 3223728 723 11679 61601 189356 2717911 3424763 0 0 0 0 1174452 1485579 0 0 0 1534386 1775630 2708838 3261209 9073 163554 796805 978026 434747 442712 362058 535314 THE CLUB'S PURPOSE IS TO FURTHER THE SOCIAL INTERACTION AND CAMARADERIE OF ITS MEMBERS THROUGH THE CREATION OF A GATHERING PLACE FOR SOCIAL INTERACTION AND THROUGH THE SPORTSMANSHIP AND COMPETITION OF ATHLETICS. 0 0 2453821 THE CLUB PROVIDES A SWIMMING POOL, TENNIS, BASKETBALL AND VOLLEYBALL COURTS ALONG WITH A DINING ROOM FACILITY FOR THE USE OF ITS MEMBERS SO THAT THEY MAY ENGAGE IN ATHLETICS AND SOCIALIZE. 2453821 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 22 0 45 0 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JACEN FRIESS 8089696663 77 LAEHALA ST HILO HI 96720 X BRITTA ZIMMER-LONG TRUSTEE 0.50 X X 0 0 0 TED HONG REAR COMMODORE/SECY 0.50 X X 0 0 0 BONNIE GEIGER TREASURER 0.50 X X 0 0 0 CAROL MYRIANTHIS TRUSTEE 0.50 X X 0 0 0 WILLIAM LEE VICE COMMODORE 0.50 X 0 0 0 LISA HADWAY SPAIN COMMODORE 0.50 X X 0 0 0 CHARLES SCHLEGELMILCH TRUSTEE 0.50 X 0 0 0 KERRY UMAMOTO TRUSTEE 0.50 X 0 0 0 TERIANNE BROWN TRUSTEE 0.50 X 0 0 0 JOSEPH MARSH TRUSTEE 0.50 X 0 0 0 JOSEPHINE CRAWFORD TRUSTEE 0.50 X 0 0 0 ADRIANNE LAMSON TRUSTEE 0.50 X 0 0 0 KAY SAKAI TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 PROGRAM SERVICE REVENU 722100 1639149 1639149 MEMBERSHIP DUES 900099 1584579 1584579 3223728 11679 11679 NON-MEMBER REVENUE 722100 189356 189356 189356 3424763 3223728 189356 11679 1204781 935831 268950 20486 20486 150943 117247 33696 109369 84954 24415 13390 13390 40390 30561 9829 48569 48569 293610 117186 176424 2309 1263 1046 10838 9716 1122 84043 54984 29059 COST OF SALES 670538 601098 69440 REPAIRS & MAINTENANCE 292644 214971 77673 SUPPLIES 117205 104978 12227 GE TAX 81790 73320 8470 120304 107712 12592 3261209 2453821 807388 0 64988 126114 287544 392974 361223 376178 41389 50239 326 326 2467095 2434900 41335 32195 796805 978026 171364 217534 263383 225178 434747 442712 X 0 0 148227 426912 213831 108402 362058 535314 796805 978026 163554 9701 0 X 0 0 0 2467095 2434900 32195 32195 FHB LOAN 225178 225178 FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON OF GOOD REPUTE HAVING REACHED THE AGE OF 21 IS ELIGIBLE TO BE CONSIDERED FOR MEMBERSHIP. ANY PERSON WHO IS ELECTED TO MEMBERSHIP AND WHO RESIDES OR IS EMPLOYED IN EAST HAWAI'I SHALL BE A RESIDENT MEMBER.THREE CLASSES OF RESIDENT MEMBERSHIP ARE SENIOR RESIDENT, REGULAR RESIDENT AND INTERMEDIATE RESIDENT. ANY PERSON WHO IS ELECTED TO MEMBERSHIP AND WHO DOES NOT RESIDE OR IS NOT EMPLOYED IN EAST HAWAI'I SHALL BE A NONRESIDENT MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE CLUB OFFICERS, COMMODORE, VICE COMMODORE, SECRETARY AND TREASURER, ARE ELECTED ANNUALLY BY RESIDENT MEMBERS IN GOOD STANDING. THE BOARD OF TRUSTEES CONSIST OF THE FOUR CLUB OFFICERS, THE REAR COMMODORE AND EIGHT TRUSTEES. THE TRUSTEES ARE ELECTED ANNUALLY TO TWO YEAR TERMS BY RESIDENT MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 11B THE CLUB TREASURER, MANAGER, ACCOUNTANT, FINANCE COMMITTEE REVIEWS THE TAX RETURN PRIOR TO ITS SUBMITTAL TO THE BOARD OF TRUSTEES FOR REVIEW. THE BOARD USED A BOARD REVIEW CHECKLIST TO ASSIST THEM WITH THE REVIEW PROCESS. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM IS COMPLETED ANNUALLY BY ALL BOARD OF TRUSTEE MEMBERS OR AS NEEDED AND IS REVIEWED BY THE CLUB MANAGER. FORM 990, PART VI, SECTION B, LINE 15 THE CLUB'S FINANCE COMMITTEE IS RESPONSIBLE FOR AN ANNUAL EVALUATION OF THE GENERAL MANAGER. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING INDUSTRY SPECIFIC REPORTS AND OTHER STUDIES. THE COMMITTEE MEETS INDEPENDENT OF THE GENERAL MANAGER TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD OF TRUSTEE MEMBERS, STAFF, PROFESSIONAL ADVISORS AND OTHER INFORMED COMMUNITY LEADERS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARKS AND ESTABLISHED OBJECTIVES. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS IN AN EXECUTIVE SESSION WITHOUT THE GENERAL MANAGER PRESENT, TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE CLUB DOES NOT HAVE ANY COMPENSATED OFFICERS OR KEY EMPLOYEES OTHER THAN THE CLUB MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND UNAUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE CLUB'S OFFICE UPON REQUEST TO THE CLUB MANAGER.