2023-11-07T10:08:42-06:00 2022-12-31 920613813 MURPHY GAUDREAU HOSKINSON INC ONE TARA BOULEVARD LL - SUITE 008 NASHUA NH 03062 990 2022-01-01 042000996 HYANNIS YACHT CLUB HYAN 5087786100 490 OCEAN STREET HYANNIS MA 02601 ROY CATIGNANI TREASURER 5087786100 2023-11-07 1 ROY CATIGNANI 999009999 0 JEFFREY MURPHY CPA P00336550 6036193128 2023-11-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROY CATIGNANI 490 OCEAN STREET HYANNIS MA 02601 6155958 0 X HTTPS:// WWW. HYANNISYACHTCLUB.ORG X 1927 MA THE MISSION OF THE HYANNIS YACHT CLUB SHALL BE TO ENCOURAGE THE SPORT OF YACHTING, TO PROMOTE THE EDUCATION AND SCIENCE OF SEAMANSHIP AND NAVIGATION, AND TO PROVIDE AND MAINTAIN A SUITABLE CLUB HOUSE AND ANCHORAGE FOR THE RECREATION AND USE OF ITS MEMBERS. 11 11 182 0 10165 1141 0 0 4628950 6026105 420 926 -651698 64785 3977672 6091816 0 0 0 0 2306415 2859362 0 0 0 1724459 3618547 4030874 6477909 -53202 -386093 7093629 6154708 3722790 3169962 3370839 2984746 X THE MISSION OF THE HYANNIS YACHT CLUB SHALL BE TO ENCOURAGE THE SPORT OF YACHTING, TO PROMOTE THE EDUCATION AND SCIENCE OF SEAMANSHIP AND NAVIGATION, AND TO PROVIDE AND MAINTAIN A SUITABLE CLUB HOUSE AND ANCHORAGE FOR THE RECREATION AND USE OF ITS MEMBERS. 0 0 CONDUCTING NORMAL OPERATIONS OF A YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS YOUTH PROGRAMS SUCH AS SWIMMING AND SAILING ARE OFFERED TO KIDS OF ALL AGES WATERFRONT FACILITIES FOR THE USE OF MEMBERS TO LAUNCH THEIR BOATS ENTERTAINMENT, RACING AND SAILING ARE OFFERED FOR THE MEMBERS TO ENJOY 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 1 0 0 182 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 1 1 0 0 X ROY CATIGNANI 5087786100 490 OCEAN STREET HYANNIS MA 02601 X MATTHEW CLARK TRUSTEE 1.00 X 0 0 0 CHRISTOPHER COTOIA TRUSTEE 1.00 X 0 0 0 BROOKE MACKAY TRUSTEE 1.00 X 0 0 0 BRIAN LEAVER TRUSTEE 1.00 X 0 0 0 ELIZABETH O'TOOLE DASILVA TRUSTEE 1.00 X 0 0 0 CHRISTIAN BLAIR TRUSTEE 1.00 X 0 0 0 JOHN SPILLANE COMMODORE 1.00 X 0 0 0 WILLIAM D NURSE VICE COMMODORE 1.00 X 0 0 0 ROY CATIGNANI TREASURER 1.00 X 0 0 0 BRIAN GREER SECRETARY 1.00 X 0 0 0 RICHARD MCMAHON REAR COMMODORE 1.00 X 0 0 0 0 0 0 1 0 0 0 0 CLUB ACTIVITIES 713990 4019204 4019204 MEMBERSHIP DUES 713990 1580327 1580327 CAPITAL ASSESSMENT 713990 262100 262100 INITIATION FEES 713990 164474 164474 6026105 926 926 74307 64142 10165 10165 10165 OTHER INCOME 713990 54620 54620 54620 6091816 6081651 10165 0 X 2358861 253887 246614 6902 21100 2223 60577 98472 493081 199916 PROGRAM SUPPLIES 1468876 UTILITIES 220440 REPAIRS AND MAINTENANCE 195617 MISCELLANEOUS 185761 665582 6477909 515378 467396 1205260 240931 63156 89736 18567 18674 9613993 5355996 5284268 4257997 7000 1079974 7093629 6154708 175618 347298 1089630 74901 2457542 1714694 0 1033069 3722790 3169962 X 3370839 2984746 3370839 2984746 7093629 6154708 -386093 0 X 0 1 X 1 0 351067 351067 5200112 2746468 2453644 149244 37311 111933 1401390 1280901 120489 2512180 1291316 1220864 4257997 ACCOUNTS RECEIVABLE - LONG-TERM 18863 FOUNDATION LOANS 4410 EMPLOYEE ADVANCES 7000 SECURITY DEPOSIT 4000 RIGHT OF USE ASSET NET 1045701 1079974 LEASE LIABILITY 1033069 1033069 X 6155958 64142 64142 6091816 0 6091816 6542051 64142 64142 6477909 0 6477909 PART X, LINE 2: UNCERTAINTY IN ACCOUNTING FOR INCOME TAXES: THE CLUB RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE, THE CLUB ASSESSES THE LIKELIHOOD, BASED UPON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL INCOME 64,142. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL STATEMENT COGS EXPENSES NOT ON 990 64,142. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ELECT THE MEMBERS OF THE GOVERNING BODY AND OFFICERS. THESE MEMBERS CAN ALSO REMOVE MEMBERS OF THE GOVERNING BODY AND OFFICERS AND AMEND THE BY-LAWS. IN ADDITION, THE MEMBERS OF THE GOVERNING BODY CAN FILL VACANCIES AMONG THE MEMBERS OF THE GOVERNING BODY AND OFFICERS UNTIL THE NEXT ANNUAL ELECTION FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR FORM 990, PART VI, SECTION A, LINE 6 ABOVE FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION FOR FORM 990, PART VI, SECTION A, LINE 6 ABOVE FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY ITS OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CLUB'S CONTROLLER, GENERAL MANAGER, TREASURER AND WAS PROVIDED TO THE ENTIRE GOVERNING BODY BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 15A THE PRACTICE HAS BEEN FOR THE COMPENSATION COMMITTEE ( A COMMITTEE OF THE GOVERNING BOARD) TO MAKE RECOMMENDATIONS FOR THE GENERAL MANAGER'S COMPENSATION. AS AUTHORIZED BY THE GOVERNING BOARD OR THE BUDGET AND FINANCE COMMITTEE ( A COMMITTEE OF THE GOVERNING BOARD) THE CHAIRMAN OF THE GOVERNING BOARD CONDUCTS AND ANNUAL REVIEW WITH THE GENERAL MANAGER COVERING PERFORMANCE AND COMPENSATION. THE GENERAL MANAGER MAKES COMPENSATION RECOMMENDATIONS FOR OTHER EMPLOYEES SUBJECT TO REVIEW BY THE BUDGET AND FINANCE COMMITTEE. THE GENERAL MANAGER THEN CONDUCTS ANNUAL REVIEWS WITH THE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS FINANCIALS STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC. THE BALANCE SHEET IS POSTED ON THE OFFICIAL CLUB NOTICE BOARD. FORM 990, PART IX, LINE 24E COMPUTER AND SOFTWARE 150,808. YACHT ACTIVITIES 122,126. BANK FEES 116,589. PROPERTY TAXES 67,871. CONTRACT LABOR 54,740. ENTERTAINMENT 53,191. PAYROLL PROCESSING 27,372. WAREHOUSE RENT 26,091. POSTAGE AND PRINTING 25,936. LICENSES AND PERMITS 24,866. BAD DEBT 22,583. CLEANING AND JANITORIAL 19,372. RENTAL AND LEASE 11,609. TRAVEL 4,225. DUES AND SUBSCRIPTIONS 2,345. LESS RENTAL EXPENSES -64,142.