2025-09-10T16:22:24-04:00 2024-10-31 311116327 Swords and Williams CPAs 7801 North Dixie Dr Dayton OH 454142779 990 2023-11-01 346556065 INDIAN LAKE YACHT CLUB INC INDI P O BOX 864 RUSSELLS POINT OH 433489582 CLARK SHINGLEDECKER TREASURER 9372943307 2025-09-09 true true Todd M Williams P00649717 9378989196 2025-09-10 2023 2025-03-06 01:10:19Z CYNTHIA DEFIBAUGH 8823 WALNUT ST LAKEVIEW OH 43331 424471 false X WWW.INDIANLAKEYACHTCLUB.COM X 1942 OH PROVIDE FACILITIES AND PROGRAMS TO PROMOTE RECREATIONAL SAILING BY PROVIDING MEMBERSHIP WITH FACILITIES FOR DOCKING SAILBOATS, CONDUCTING JUNIOR SAILING CAMP, ADULT SAILING INSTRUCTION AND CONDUCTING RACES FOR THE IMPROVEMENT OF SAILING SKILLS. 11 11 0 26 4111 4111 58712 79703 0 34 4111 5403 340657 64149 424471 0 0 0 0 0 60303 82294 60303 82294 3846 342177 348374 690385 3682 3516 344692 686869 PROVIDE FACILITIES AND PROGRAMS TO PROMOTE RECREATIONAL SAILING BY PROVIDING MEMBERSHIP WITH FACILITIES FOR DOCKING SAILBOATS, CONDUCTING JUNIOR SAILING CAMP, ADULT SAILING INSTRUCTION AND CONDUCTING RACES FOR THE IMPROVEMENT OF SAILING SKILLS. false false 82294 424471 RESTORING FACILITIES FOLLOWING DESTRUCTION OF FACILITIES BY A TORNADO IN MARCH, 2024. PLANNING RESTORATION OF DOCKING FACILITIES AND CONSTRUCTION OF REPLACEMENT BUILDINGS WHILE CONDUCTING LIMITED SAILING EXPERIENCES AND CONDUCTING LIMITED RACING AND SOCIAL ACTIVITIES. PROCEEDS FROM REPLACEMENT COST CASUALTY INSURANCE WILL BE USED IN FOLLOWING YEAR TO CONSTRUCT REPLACEMENT FACILITIES. 82294 false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 true true true false false false false 376 0 false false false X 11 11 false false false false true false true true true false false false false false false false false false X CLARK SHINGLEDECKER 9374696788 910 KENTSHIRE DR DAYTON OH 45459 X MARTHA SAURINE TRUSTEE 2.00 0.00 X 0 0 0 ZACK EVERHART TRUSTEE 2.00 0.00 X 0 0 0 KAREN KOHLER TRUSTEE 2.00 0.00 X 0 0 0 JEFF PATTEN TRUSTEE 2.00 0.00 X 0 0 0 DAVE JACKSON TRUSTEE 2.00 0.00 X 0 0 0 RANDY FLEMING TRUSTEE 2.00 0.00 X 0 0 0 CYNTHIA DEFIBAUGH COMMODORE 4.00 0.00 X 0 0 0 CLARK SHINGLEDECKER TREASURER 4.00 0.00 X 0 0 0 PAT TYNAN SECRETARY 4.00 0.00 X 0 0 0 GEOFF RIGNEY VICE COMMODORE 2.00 0.00 X 0 0 0 ERIC JENSEN PAST COMMODORE 2.00 0.00 X 0 0 0 0 0 0 0 false false false X 57848 2500 19355 79703 4111 4111 CASUALTY INS- REPAIRS 900099 68940 68940 CASUALTY INS TOTAL LOSS 900099 267497 267497 4220 4220 340657 424471 4220 4111 336437 1033 1033 9557 9557 10788 10788 5263 5263 TORNADO RECOVERYDEBRIS 30685 30685 REAL ESTATE TAXES 10232 10232 DUES AND LICENSES 5010 5010 SPECIAL EVENTS 5143 5143 4583 4583 82294 82294 0 0 67147 102760 71167 364167 4041 3282 471443 267945 206019 203498 16678 348374 690385 3682 3516 3682 3516 X 344692 686869 344692 686869 348374 690385 342177 0 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105938 105938 43909 16643 27266 64447 58883 5564 257149 192419 64730 203498 Members or stockholder classes and rights Part VI line 6 ACTIVE MEMBERS ELECT FIVE OFFICERS AND 6 TRUSTEES WHICH COMPRISE THE BOARD OF TRUSTEES WHO HAVE AUTHORITY TO CONDUCT CLUB OPERATIONS.THE ACTIONS OF THE BOARD OF TRUSTEES ARE RATIFIED EACH YEAR AT THE ANNUAL MEETING.AN AUDIT COMMITTEE CONPOSED OF THREE ACTIVE MEMBERS REVIEW THE BOOKS AND RECORDS AT THE END OF THE FISCAL YEAR.MEMBERS RECEIVE COPIES OF THE MINUTES OF EACH BOARD MEETING.SOME TRANSACTIONS, SUCH AS ESTABLISHMENT OF DUES AND CAPITAL EXPENDATURES IN EXCESS OF $5000 ANNUALLY REQUIRE APPROVAL OF THE GENERAL MEMBERSHIP AT A MEETING CALLED FOR THAT PURPOSE. Governing body decisions Part VI line 7b MEMBERS APPROVE DUES AND FEES INCREASES OF MORE THAN 5% AND CAPITAL EXPENDITURES IN AXCESS OF $5000 ANNUALLY. Form 990 governing body review Part VI line 11 THE TREASURER WHO SIGNS THE RETURN REPORTS TO THE BOARD OF TRUSTEES REGARDING THE FORM 990 OR FORM 990EZ Governing documents etc available to public Part VI line 19 THE GOVERNING DOCUMENTS CONSISTING OF THE CONSTITUTION AND BYLAWS ARE ARE PUBLISHED PERIODICALLY IN A MEMBERS HANDBOOK AND DISTRIBUTED TO MEMBERS. NON MEMBERS CAN RECEIVE A COPY UPON REQUEST Part VIII response or note to any line in Part VIII CASUALTY INSURANCE PROCEEDS FOR LOSSES FROM A TORNADO THAT STUCK THE CLUB PROPERTY ON MARCH 14, 2024.THREE STRUCTURES WERE A TOTAL LOSS. PROCEEDS AND COST BASIS ARE SUMMARIZED AS FOLLOWS: DESCRIPTION PROCEEDS COST AC DEPR NETCLUBHOUSE 180,000 34088 28415 174327LOCKER/RESTROOM 86,500 12979 5000 78521SHELTER 21,458 30494 23685 14649TOTAL 287,958 77561 58431 267497 PART VIII-L11BTOTAL PROCEEDS WILL BE UTILIZED TO CONSTRUCT REPLACEMENT PROPERTY WITHIN 3 YEARS.CASUALTY INSURANCE PROCEEDS FOR REPAIRS AND DEBRIS REMOVAL WERE $68940 PART VIII L11A