2025-11-17T16:40:33-06:00 2024-12-31 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2024-01-01 590197110 CLEARWATER YACHT CLUB INC CLEA 7274421309 830 SOUTH BAYWAY BLVD CLEARWATER FL 33767 ALBERT MICHAEL RUBIO TREASURER 7274421309 2025-11-17 1 1 LISA BURKE P00220718 8169455500 2025-11-17 2024 2025-03-06 01:10:19Z ALBERT MICHAEL RUBIO 830 SOUTH BAYWAY BLVD CLEARWATER FL 33767 3806321 0 X CLEARWATERYACHTCLUB.ORG X 1985 FL TO ENCOURAGE YACHTING AND PROVIDE MEMBERS WITH ASSOCIATED RECREATIONAL PRIVILEGES. 13 13 62 21 660884 642652 175834 0 1553871 1613641 30795 733326 223531 -96090 1984031 2250877 0 0 0 0 597782 619107 0 0 0 945578 1029596 1543360 1648703 440671 602174 3857720 4650873 1463756 1604991 2393964 3045882 TO ENCOURAGE YACHTING AND PROVIDE MEMBERS WITH ASSOCIATED RECREATIONAL PRIVILEGES. 0 0 TO ENCOURAGE YACHTING BY THE PUBLIC; TO PROMOTE AND ASSIST IN MAKING MEMBERS MORE PROFICIENT IN SEAMANSHIP AND NAVIGATION; TO PROVIDE GOOD FOOD, REFRESHMENTS, AND MAINTAIN A SUITABLE CLUBHOUSE, ANCHORAGE, AND FACILITIES FOR THE RECREATION AND USE OF ITS MEMBERS AND THEIR FAMILIES; TO PROMOTE THE SOCIAL WELFARE, ENTERTAINMENT, AND DIVERSION OF ITS MEMBERS, THEIR FAMILIES AND GUESTS. 0 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 0 1 21 0 1 62 1 1 1 0 0 0 0 258918 195050 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X ALBERT MICHAEL RUBIO TREASURER 7274421309 830 SOUTH BAYWAY BLVD CLEARWATER FL 33767 RICH LIBONATE COMMODORE 1.00 X X 0 0 0 JOAN CARTER VICE COMMODORE 1.00 X X 0 0 0 ROD WHITE REAR COMMODORE 1.00 X X 0 0 0 KEAGAN PENNYCUFF TREASURER 1.00 X X 0 0 0 CAREY SAUER SECRETARY 1.00 X X 0 0 0 JOHN MINTON FLEET CAPTAIN 1.00 X X 0 0 0 CURTIS WOLD IMMEDIATE PAST COMMODORE 1.00 X X 0 0 0 RICK BROOM DIRECTOR 1.00 X 0 0 0 AMIE CROSBY DIRECTOR 1.00 X 0 0 0 TOM CUMMINGS DIRECTOR 1.00 X 0 0 0 JIM HANNIGAN DIRECTOR 1.00 X 0 0 0 PHYLLIS NORDMAN DIRECTOR 1.00 X 0 0 0 RICHIE SHAW DIRECTOR 1.00 X 0 0 0 PETER JUTIS GENERAL MANAGER 40.00 X 127231 0 29070 127231 0 29070 1 0 1 0 ERWIN ELECTRIC 13817 MONROES BUSINESS PARK TAMPA FL 33635 DOCK CONSTRUCTION 242158 1 X MEMBERSHIP DUES 713990 1340810 1340810 SLIP & DOCK RENTAL 713990 175581 161472 14109 INITIATION FEES 713990 95650 95650 YACHTING 713990 1600 1600 1613641 40722 40722 1051848 359244 692604 692604 95953 596651 1096924 1196200 -99276 -108678 9402 LATE CHARGES 713990 2557 2557 629 629 3186 2250877 1589993 660884 0 156301 294626 51090 117090 3251 7653 17827 20578 199850 39167 304172 17563 72597 253982 ENTERTAINMENT 68175 MEMBERSHIP ACTIVITIES 10186 YACHTING EXPENSES 8879 BAD DEBT EXPENSE 5716 1648703 66420 74821 1086647 1578711 381540 665615 105700 98409 96741 114927 3250113 1131723 2120672 2118390 3857720 4650873 173154 266967 176765 119668 1113837 1218356 1463756 1604991 X 0 0 0 0 2393964 3045882 2393964 3045882 3857720 4650873 602174 14481 35263 0 X 0 0 0 156585 156585 947620 816080 131540 423287 173880 249407 1722621 141763 1580858 2118390 X 0 0 0 PETER JUTIS GENERAL MANAGER 127231 0 0 0 0 0 0 0 29070 0 156301 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER. ONCE COMPLETED AND SIGNED, FORM 990 IS PROVIDED TO VOTING MEMBERS BY EITHER PHYSICAL OR ELECTRONIC MEANS AS REQUESTED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ON A CASE BY CASE BASIS. IF AN ISSUE ARISES, IT IS ADDRESSED IMMEDIATELY WITH THE GENERAL MANAGER THEN THE OFFICERS AND DIRECTORS. TO DATE NO ISSUES HAVE BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND BONUSES GO THROUGH AN APPROVAL PROCESS WITH THE OFFICERS, DIRECTORS AND BOARD MEMBERS. THE APPROVAL PROCESS IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 7D, COLUMN (B): THE ORGANIZATION QUALIFIES FOR NONRECOGNITION OF GAIN UNDER SECTION 512(A)(3)(D) WITH RESPECT TO THE SALE DETAILED BELOW. CONSEQUENTLY, A PORTION OF THE GAIN HAS BEEN REPORTED AS EXEMPT FUNCTION REVENUE IN COLUMN (B). DESCRIPTION OF PROPERTY: 16 TRANSFERRABLE DEVELOPMENT RIGHTS (TDR)*** DATE SOLD: 12/10/2024 PROCEEDS: $1,040,000 EXPENSE OF SALE: $5,125 COST BASIS: $83,630 GAIN: $951,245 EXEMPT FUNCTION USE OF PROPERTY SOLD: SITE OF CLUBHOUSE, ACCESS TO CLUB'S 37 BOAT SLIPS, PARKING FOR MEMBERS USING THE DOCKS AND CLUBHOUSE REPLACEMENT PERIOD: 12/10/2023 - 12/10/2027 REPLACEMENT PROPERTY: MARINA FEATURING 32 NEW SLIPS WITH WEAR DECKING, NEW ELECTRICAL PANELS, AND PILINGS EXEMPT FUNCTION USE OF REPLACEMENT PROPERTY: SERVES AS A HUB FOR MEMBER YACHTING ACTIVITIES. COST OF REPLACEMENT PROPERTY: $354,594 DATE CONSTRUCTION COMMENCED: 12/10/2023 DATE CONSTRUCTION COMPLETED: 11/15/2025 ***THE TDRS SOLD WERE ASSIGNED TO THE CLUB'S LAND BY THE LOCAL GOVERNMENTAL AUTHORITY. PURSUANT TO FLORIDA LAW, TDRS IN FLORIDA ARE CONSIDERED AN INTEREST THAT PERTAINS TO REAL ESTATE AND THEREFORE THE SALE OF TDRS REPRESENTS A SALE OF REAL PROPERTY. ALL THE REAL PROPERTY OWNED BY THE CLUB, INCLUDING THE PROPERTY TO WHICH THE TDRS WERE ATTACHED, IS AND HAS BEEN DIRECTLY, CONTINUOUSLY, REGULARLY AND PHYSICALLY USED FOR THE CLUB'S EXEMPT PURPOSES.