2025-11-14T15:12:43-06:00 2024-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-01-01 590603864 CORAL RIDGE YACHT CLUB CORA 9545661514 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 PAUL SHEERIN HEAD COMMODORE 9545661514 2025-11-13 1 0 CHRISTOPHER CECIL P01877773 5616971785 2025-11-13 2024 2025-03-06 01:10:19Z PAUL SHEERIN 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 6425595 0 X CORALRIDGEYACHTCLUB.COM X 1978 FL TO BIND THE CLUB'S MEMBERS TOGETHER UNDER A COMMON PURPOSE DIRECTED AT PLEASURE AND RECREATION. 12 12 122 40 417183 23987 317461 0 3348965 3814079 24606 -12485 1578904 1637840 5269936 5439434 0 0 0 0 2534183 2930259 0 0 0 2941744 3051950 5475927 5982209 -205991 -542775 12567526 15803784 8765607 11020421 3801919 4783363 TO BIND THE CLUB'S MEMBERS TOGETHER UNDER A COMMON PURPOSE DIRECTED AT PLEASURE AND RECREATION. 0 0 THE CLUB PROVIDES FOOD, BEVERAGE, ENTERTAINMENT, AND DOCKAGE FOR YACHT CLUB MEMBERS. 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 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 7 0 1 122 1 1 1 0 0 0 1 1 0 631247 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KIM LODOVICO CONTROLLER 9545661514 2800 YACHT CLUB BOULEVARD FORT LAUDERDALE FL 33304 MAYNARD HELLMAN IMMEDIATE PAST COMMODORE 10.00 X X 0 0 0 T FRED ROCHE COMMODORE 10.00 X X 0 0 0 PAUL SHEERIN VICE COMMODORE 10.00 X X 0 0 0 KEVIN CASSELL REAR COMMODORE 10.00 X X 0 0 0 BARBARA GEHRIG TREASURER 15.00 X X 0 0 0 ASHLEY WALKER SECRETARY 10.00 X X 0 0 0 AJ STARKS GOVERNOR 5.00 X 0 0 0 JACKLIN CORNISH GOVERNOR 5.00 X 0 0 0 BILL O'DONNELL GOVERNOR 5.00 X 0 0 0 JIM PEASE GOVERNOR 5.00 X 0 0 0 KATE NELSON GOVERNOR 5.00 X 0 0 0 ANDREW SHEILS GOVERNOR 5.00 X 0 0 0 NADINE ROCKWELL GENERAL MANAGER (THROUGH 9/1/24) 50.00 X 186512 0 12744 KIM LODOVICO CONTROLLER 40.00 X 153215 0 8804 JAY BUTLER GENERAL MANAGER (AS OF 9/23/24) 50.00 X 51627 0 1975 STEVEN ZOBEL HEAD CHEF 45.00 X 112766 0 7310 504120 0 30833 3 0 1 0 0 MEMBERSHIP DUES & ASSESSMENTS 713910 2712439 2712439 DOCKS 713910 1101640 1101640 3814079 42225 42225 13000 67710 -54710 -54710 -54710 2305014 918451 1386563 1011605 374958 OTHER INCOME 713910 251277 251277 251277 5439434 5076961 417183 -54710 2567370 362889 193508 466316 483301 REPAIRS & MAINTENANCE 646162 GENERAL & ADMINISTRATIV 518458 FOOD & BEVERAGE 254215 CLUB ACTIVITIES 230378 259612 5982209 1738341 843759 403181 481989 116257 136099 75839 206830 16497905 3313510 10072013 13184395 161895 950712 12567526 15803784 1062654 1104779 828761 799919 6751380 8957857 122812 157866 8765607 11020421 X 3801919 4783363 3801919 4783363 12567526 15803784 X -542775 1524219 X X 0 1 X 1 0 126984 126984 11307819 912631 10395188 2450720 892522 1558198 2612382 1508357 1104025 13184395 OTHER ASSETS 39275 RIGHT-OF-USE ASSETS 102823 CERTIFICATES OF DEPOSIT 808614 950712 CURRENT FINANCE LEASE LIABILITY 33048 LONG-TERM FINANCE LEASE LIABILITY 58410 LONG-TERM OPERATING LEASE LIABILITY 13337 CURRENT OPERATING LEASE LIABILITY 3052 CURRENT MATURITIES OF LONG-TERM DEBT 50019 157866 X 6357885 918451 918451 5439434 0 5439434 6900660 918451 918451 5982209 0 5982209 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB) GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 918,451. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 918,451. X X 0 0 0 NADINE ROCKWELL GENERAL MANAGER (THROUGH 9/1/24) 164804 0 0 0 21708 0 6648 0 6096 0 199256 0 0 0 KIM LODOVICO CONTROLLER 136829 0 15200 0 1186 0 6039 0 2765 0 162019 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ONLY FULL MEMBERS HAVE VOTING RIGHTS AND THE ABILITY TO RUN FOR ANY OFFICE OR SERVE ON ANY COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTS ARE SUBJECT TO MEMBERSHIP APPROVAL: INDEBTEDNESS OF THE CLUB GREATER THAN $300,000, ANNUAL ASSESSMENT GREATER THAN $150,000, THE SALE OR TRANSFER OF ANY REAL ESTATE, AIR RIGHTS, AND/OR WATER RIGHTS OWNED OR TITLED TO THE CLUB, AND ANY CHANGES TO THE CLUB'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE TREASURER, AUDIT CHAIR AND COMMODORE. IF QUESTIONS ARISE, IT IS REVIEWED WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MONITORS ALL CONFLICT OF INTEREST POLICIES AND DISCLOSURES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER PERFORMANCE IS REVIEWED BY THE BOARD DELEGATED EXECUTIVE COMMITTEE ANNUALLY. AT THE CONCLUSION OF THIS REVIEW, THIS IS DISCUSSED WITH THE GENERAL MANAGER AND DOCUMENTED. ANNUAL COMPENSATION IS ALSO REVIEWED AND BUDGETED FOR ALL ON AN ANNUAL BASIS AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST, ON THE CLUB'S WEBSITE, AND FOR INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: NONRECURRING CAPITAL CONTRIBUTIONS 535,050. CAPITAL IMPROVEMENT ASSESSMENT 389,818. WINDSTORM RESERVE ALLOCATED FROM MEMBERSHIP DUES 46,106. CAPITAL PROJECT ASSESSMENT 553,245. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. CORAL RIDGE YACHT CLUB SAILING & WATERSPORTS FOUNDATION INC 2800 YACHT CLUB BLVD FORT LAUDERDALE FL 33304 465511301 FUNDRAISING FOR SAILING FL 0 CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC 2800 YACHT CLUB BLVD FT LAUDERDALE FL 33304 465511301 TO PROVIDE SUPPORT FOR CHARITABLE & EDUCATIONAL PROJECTS AND PROGRAMS. FL CORAL RIDGE YACHT CLUB INC C 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC B 1000 FMV CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC L FMV CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC N FMV CORAL RIDGE YACHT CLUB SAILING AND WATER SPORTS FOUNDATION INC O FMV