2025-09-09T09:53:11-05:00 2024-12-31 920613813 MURPHY GAUDREAU HOSKINSON INC ONE TARA BOULEVARD NASHUA NH 030622809 990 2024-01-01 042000996 HYANNIS YACHT CLUB HYAN 5087786100 490 OCEAN STREET HYANNIS MA 02601 ROY CATIGNANI TREASURER 5087786100 2025-09-09 1 1 DENNIS A GIANGREGORIO P01587706 6036193128 2025-09-09 2024 2025-03-06 01:10:19Z ROY CATIGNANI 490 OCEAN STREET HYANNIS MA 02601 8148177 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 11 197 60 -27569 0 0 0 2843034 3726496 17077 23362 2872694 2714739 5732805 6464597 0 0 0 0 3533031 4006518 0 0 0 2445794 2566504 5978825 6573022 -246020 -108425 6086743 5529563 3348017 2899262 2738726 2630301 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 3734918 5701641 CONDUCTING NORMAL OPERATIONS OF A YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS 342315 373749 YOUTH PROGRAMS SUCH AS SWIMMING AND SAILING ARE OFFERED TO KIDS OF ALL AGES 595960 332048 WATERFRONT FACILITIES FOR THE USE OF MEMBERS TO LAUNCH THEIR BOATS 55821 102123 ENTERTAINMENT, RACING AND SAILING ARE OFFERED FOR THE MEMBERS TO ENJOY 55821 102123 4729014 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 0 0 0 1 26 0 1 197 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 AL 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 CAITLIN STRATTON TRUSTEE 1.00 X 0 0 0 DENIS YANNATOS TRUSTEE 1.00 X 0 0 0 CHRISTIAN BLAIR TRUSTEE 1.00 X 0 0 0 BETH DASILVA TRUSTEE 1.00 X 0 0 0 WILLIAM D NURSE COMMODORE 1.00 X 0 0 0 ROY CATIGNANI TREASURER 1.00 X 0 0 0 BRIAN GREER REAR COMMODORE 1.00 X 0 0 0 BRIAN LEAVER SECRETARY 1.00 X 0 0 0 RICHARD MCMAHON VICE COMMODORE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBERSHIP DUES 713990 2158940 2158940 CLUB ACTIVITIES 713990 807920 807920 CAPITAL ASSESSMENT 713990 474307 474307 INITIATION FEES 713990 207500 207500 CREDIT CARD CONVENIENT FEE 713990 77829 77829 3726496 17862 17862 79101 124532 -45431 -45431 -45431 5500 0 5500 5500 5500 4149831 1559048 2590783 2590783 OTHER INCOME 713990 144500 144500 FACILITIES RENTAL 900099 24887 24887 169387 6464597 6492166 -27569 0 X 3435629 2852225 583404 461861 377112 84749 109028 42005 67023 43508 43508 3102 3102 9324 9324 83076 83076 4817 4817 106683 106683 482557 363513 119044 319188 228515 90673 PROGRAM SUPPLIES 256088 256088 UTILITIES 222736 183847 38889 REPAIRS AND MAINTENANCE 123066 110278 12788 CREDIT LOSSES EXPENSE 122043 122043 790316 315431 474885 6573022 4729014 1844008 0 543401 464117 313222 239022 110815 78909 26462 39438 10926398 6249978 4041615 4676420 1051228 31657 6086743 5529563 379562 128868 99684 73379 1872201 2697015 996570 0 3348017 2899262 X 2738726 2630301 2738726 2630301 6086743 5529563 -108425 0 X 0 1 X 1 0 738423 738423 5769799 2990717 2779082 230232 77709 152523 1478244 1356433 121811 2709700 1825119 884581 4676420 X 8148178 0 8148178 -1683581 -1683581 6464597 8256603 1683581 1683581 6573022 0 6573022 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 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -124,532. CLUB FOOD, BEVERAGE AND MEMBER GOODS COGS -1,559,049. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL STATEMENT COGS EXPENSES NOT ON 990 1,559,049. RENTAL EXPENSES 124,532. 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 YACHT ACTIVITIES: PROGRAM SERVICE EXPENSES 112,432. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,432. BANK FEES: PROGRAM SERVICE EXPENSES 29,865. MANAGEMENT AND GENERAL EXPENSES 68,409. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,274. MANAGEMENT AND BOARD: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 82,757. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,757. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 80,083. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,083. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 78,091. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,091. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 65,551. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,551. COMPUTER AND SOFTWARE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 44,518. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,518. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 26,194. MANAGEMENT AND GENERAL EXPENSES 15,822. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,016. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 20,031. MANAGEMENT AND GENERAL EXPENSES 15,814. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,845. CLEANING AND JANITORIAL: PROGRAM SERVICE EXPENSES 11,474. MANAGEMENT AND GENERAL EXPENSES 17,211. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,685. RENTAL AND LEASE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 28,392. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,392. POSTAGE AND PRINTING: PROGRAM SERVICE EXPENSES 27,597. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,597. RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 26,452. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,452. LICENSES AND PERMITS: PROGRAM SERVICE EXPENSES 9,133. MANAGEMENT AND GENERAL EXPENSES 13,699. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,832. DECORATIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,678. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,678. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,764. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,764. WAREHOUSE RENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,572. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,572. EVENTS: PROGRAM SERVICE EXPENSES 614. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 614. VOLUNTEER EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 163. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 163. MID TECH WAREHOUSE NOMINEE TRUST 490 OCEAN STREET HYANNIS MA 02601 042000996 REAL ESTATE HOLDING MA 15327 963097 HYANNIS YACHT CLUB