2025-11-10T12:25:47-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2024-01-01 042150650 BEVERLY YACHT CLUB INC BEVE 5087480540 99 WATER STREET PO BOX 181 MARION MA 02738 MARY PIERCE COMMODORE 5087480540 2025-11-10 1 1 KERRI RAWCLIFFE P01398485 4016216200 2025-11-10 2024 2025-03-06 01:10:19Z MARY PIERCE 99 WATER STREET PO BOX 181 MARION MA 02738 2095143 0 X WWW.BEVERLYYACHTCLUB.ORG X 1872 MA THE PURPOSE OF THE CLUB IS TO PROMOTE YACHTING AND GOOD FELLOWSHIP AMONG ITS MEMBERS. THE CLUB PROVIDES LAUNCH SERVICES, USE OF THE CLUBHOUSE FACILITIES AND SPONSORSHIP IN VARIOUS YACHTING RACES FOR ITS MEMBERS AND GUESTS. 11 11 88 83 73630 13880 43483 100 1541085 1488553 17012 35957 -120325 -214313 1481255 1310297 0 0 0 0 705569 753120 0 0 0 749293 816375 1454862 1569495 26393 -259198 1933546 1702904 89209 117765 1844337 1585139 THE PURPOSE OF THE CLUB IS TO PROMOTE YACHTING AND GOOD FELLOWSHIP AMONG ITS MEMBERS. 0 0 PROMOTED YACHTING AND FELLOWSHIP AMONG MEMBERS AND AMONG RECREATIONAL YACHTING ENTHUSIASTS THROUGHOUT THE AREA. 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 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 8 0 1 88 1 1 1 0 0 0 1 0 114140 95266 0 0 0 X 11 11 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 1 0 X BONNIE KIRSCHNER 5087480540 99 WATER STREET MARION MA 02738 X MARY PIERCE COMMODORE 5.00 X X 0 0 0 BONNIE KIRCHNER TREASURER 5.00 X X 0 0 0 BECKY TOUGAS SECRETARY 5.00 X X 0 0 0 KYM LEE VICE COMMODORE 5.00 X X 0 0 0 SAM VINEYARD REAR COMMODORE 5.00 X 0 0 0 KEN DEYETT DIRECTOR 5.00 X 0 0 0 TOM DE GROOT DIRECTOR 5.00 X 0 0 0 KATHY EGGER DIRECTOR 5.00 X 0 0 0 REBECCA JOHNSON DIRECTOR 5.00 X 0 0 0 BILL KELLEY DIRECTOR 5.00 X 0 0 0 ED DAILEY DIRECTOR 5.00 X 0 0 0 ROBERT SHORTER GENERAL MANAGER 50.00 X 179317 0 0 179317 0 0 1 0 1 0 0 100 100 MEMBERSHIP DUES 713990 1097875 1097875 JUNIOR, RACE, WATERFRO 713990 276538 239842 36696 INITIATION FEES 713990 114140 114140 1488553 17874 17874 18550 467 18083 18083 18083 561684 784379 -222695 -241755 19060 MEMBER FINANCE CHARGES 900001 8382 8382 8382 1310297 1218484 73630 18083 179317 467971 41310 64522 22500 18076 17646 100957 11343 110035 137394 REPAIRS & MAINTENANCE 199642 RACING EXPENSES 57131 OTHER EXPENSES 23993 MISCELLANEOUS 20872 96786 1569495 253764 81750 91770 50860 46553 39999 74370 3344101 1972316 1309529 1371785 11978 11984 185666 106442 1933546 1702904 85362 116475 3847 1290 89209 117765 X 1666821 1410866 177516 174273 1844337 1585139 1933546 1702904 -259198 0 X X 0 1 X 1 0 1486758 880631 606127 303606 223643 79963 1553737 868042 685695 1371785 OTHER ASSETS 105152 ROU ASSET 1290 106442 ROU LIABILITY 1290 1290 X 1980536 784379 784379 1196157 114140 114140 1310297 2353874 784379 784379 1569495 0 1569495 PART X, LINE 2: THE CLUB RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLUB HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS FOR PERIODS PRIOR TO DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - FOOD & BEVERAGE 784,379. PART XI, LINE 4B - OTHER ADJUSTMENTS: ASC 606 ADJUSTMENT FOR INITIATION FEES 114,140. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - FOOD & BEVERAGE 784,379. 0 0 0 ROBERT SHORTER GENERAL MANAGER 179317 0 0 0 0 0 0 0 0 0 179317 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS: MEMBERS OF THE GOVERNING BOARD ARE ELECTED BY THE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL OF MEMBERS: THE BOARD MEMBERS ARE RESPONSIBLE FOR MAKING ANY DECISIONS REGARDING THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATIONS PROCESS TO REVIEW FORM 990: THE BOARD OF DIRECTORS MEET TO REVIEW THE TAX RETURNS. FORM 990, PART VI, SECTION B, LINE 15 MANAGEMENT PAYROLL DECISIONS APPROVED BY THE FLAG OFFICERS/GOVERNING BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE: DOCUMENTS ARE MADE AVAILABLE UPON REQUEST THROUGH THE BUSINESS OFFICE AT THE CLUB. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS HAS DIRECT OVERSIGHT AND RESPONSILBILITY FOR THE SELECTION OF ITS OUTSIDE CPA, AS WELL AS ITS ANNUAL FINANCIAL STATEMENT AUDIT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. BEVERLY LAND TRUST 99 WATER STREET MARION MA 02738 046089500 REAL ESTATE MA BEVERLY YACHT CLUB C 8 24363 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0