2026-03-10T15:41:30-05:00 2025-04-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-05-01 590326329 LAUDERDALE YACHT CLUB INC LAUD 9545245500 1725 SE 12TH ST FORT LAUDERDALE FL 333161437 THOMAS NELSON JR TREASURER 9545245500 2026-03-05 1 1 CHRISTOPHER CECIL P01877773 5616971785 2026-03-03 2024 2025-03-06 01:10:19Z JAMES MAUS 1725 SE 12TH ST FORT LAUDERDALE FL 333161437 14816211 0 X LYC1938.ORG X 1938 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 15 15 237 75 1474960 163214 0 0 7920701 8044555 164845 127112 3703357 3835103 11788903 12006770 0 0 0 0 7442097 8039091 0 0 0 6670936 6639336 14113033 14678427 -2324130 -2671657 35601868 34655878 19378961 18560246 16222907 16095632 LAUDERDALE YACHT CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB PROVIDES RESTAURANT, TENNIS, POOL AND DOCK FACILITIES FOR ITS MEMBERS AND THEIR GUESTS. 0 0 0 0 0 0 0 0 0 1 1 0 0 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 0 0 1 40 0 1 237 1 1 1 0 0 0 1 1 0 1762678 0 0 0 X 15 15 0 0 1 0 1 1 1 1 1 0 0 0 0 1 1 1 1 0 X X X SCOTT T BARTER CFO 9545252842 1725 SE 12TH ST FORT LAUDERDALE FL 333161437 JAMES MAUS COMMODORE 5.00 X X 0 0 0 KARL J HILL VICE COMMODORE 5.00 X X 0 0 0 EDWARD T YEVOLI REAR COMMODORE 5.00 X X 0 0 0 JOHN SWADENER TREASURER AND GOVERNOR 3.00 X X 0 0 0 ELIZABETH WOLTZ SECRETARY 2.00 X X 0 0 0 EROL YOLDAS FLEET SURGEON AND GOVERNOR 1.00 X 0 0 0 ANGELO GOLEMI GOVERNOR 1.00 X 0 0 0 MICHAEL MCGINN GOVERNOR 1.00 X 0 0 0 JASON HUEY GOVERNOR 1.00 X 0 0 0 KACEY MEAGHER RODER GOVERNOR 1.00 X 0 0 0 DREW SAITO GOVERNOR 1.00 X 0 0 0 SCOTT BURGESS GOVERNOR 1.00 X 0 0 0 CHIP SABADASH GOVERNOR 1.00 X 0 0 0 GEX F RICHARDSON GOVERNOR 1.00 X 0 0 0 S SCOTT STAMPER GOVERNOR 1.00 X 0 0 0 SCOTT ANDERSON GOVERNOR 1.00 X 0 0 0 PETER MCFADEN GENERAL MANAGER 55.00 X 300269 0 13404 SCOTT BARTER CHIEF FINANCIAL OFFICER 50.00 X 195212 0 13790 JASON VALERIO EXECUTIVE CHEF 50.00 X 174629 0 6985 JOHN CASEY SAILING DIRECTOR 50.00 X 144575 0 5786 JOSE VEGA CLUBHOUSE MANAGER 50.00 X 127992 0 23924 ELAINE GENGO CATERING DIRECTOR 50.00 X 125439 0 5568 DAWN DIERKES DIRECTOR OF HUMAN RESOURCES 50.00 X 119322 0 14425 1187438 0 83882 7 0 1 0 0 DUES & ASSESSMENTS 713910 5239914 5239914 YACHTING 713910 892986 349290 543696 DOCKS AND HARBOR 713910 762732 715872 46860 TENNIS 713910 382053 322244 59809 OTHER FOOD AND BEVERAGE 713910 318802 318802 448068 448068 8044555 153772 153772 111600 77562 34038 34038 34038 8500 35160 -26660 -26660 -26660 6317417 2696719 3620698 2983913 636785 MEMBER FINANCING 713910 127493 127493 OPERATING ASSESSMENT 713910 42434 42434 MISCELLANEOUS 713910 10440 10440 180367 12006770 10558470 1474960 -26660 6928957 1110134 5805 994707 669754 1914825 746546 REPAIRS & ADMIN. 764067 ENTERTAINMENT COMMITTEE 553446 YACHTING COMMITTEE 342854 FOOD AND BEVERAGE 219733 427599 14678427 480729 820696 889538 706734 1464893 1625106 358498 348942 160438 157172 41652977 13042096 29941076 28610881 2239228 2339873 67468 46474 35601868 34655878 1116197 1173181 1329983 1380473 16902302 15988104 30479 18488 19378961 18560246 X 16222907 16095632 16222907 16095632 35601868 34655878 X -2671657 24731 2519651 X X 0 1 X 1 0 3162239 3162239 28753422 9742731 19010691 5562464 1884770 3677694 4174852 1414595 2760257 28610881 U.S. TREASURY BILLS 2339873 F 2339873 OPERATING LEASE LIABILITY 18488 18488 X 14805783 24732 2774281 2799013 12006770 0 12006770 17452708 2774281 2774281 14678427 0 14678427 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 GOODS SOLD 2,696,719. RENTAL EXPENSES 77,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,696,719. RENTAL EXPENSES 77,562. 1 X X X X 0 0 0 PETER MCFADEN GENERAL MANAGER 250769 0 43500 0 6000 0 8102 0 5302 0 313673 0 0 0 SCOTT BARTER CHIEF FINANCIAL OFFICER 170289 0 24923 0 0 0 7284 0 6506 0 209002 0 0 0 JASON VALERIO EXECUTIVE CHEF 154543 0 20086 0 0 0 6985 0 0 0 181614 0 0 0 JOSE VEGA CLUBHOUSE MANAGER 112232 0 15760 0 0 0 5598 0 18326 0 151916 0 0 0 JOHN CASEY SAILING DIRECTOR 97595 0 0 0 46980 0 5786 0 0 0 150361 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 1) ON 4/9/25 THE MEMBERSHIP APPROVED AN AMENDMENT TO SECTION III OF THE CODE OF REGULATIONS TO INCREASE THE AMOUNT OF ANNUAL DUES FROM $5,800 TO $6,560 EFFECTIVE AUGUST 1, 2025. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION 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 THE FOLLOWING MEMBERSHIP CATEGORIES CAN PARTICIPATE IN THE ELECTION OF OFFICERS AND GOVERNORS: REGULAR, SENIOR, AND JUNIOR MEMBERS AGE 29 AND UP WHO HAVE BEEN MEMBERS FOR AT LEAST ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7B NEW CAPITAL ASSESSMENTS, DUES INCREASES, OPERATING ASSESSMENTS OVER 5% OF THE DUES RATE, AND SERVICE CHARGE INCREASES ARE ALL SUBJECT TO APPROVAL BY REGULAR AND SENIOR MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE THAT IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD HAS DELEGATED REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CHIEF FINANCIAL OFFICER AND TREASURER. THE CFO REVIEWS FORM 990, WHILE THE TREASURER PERFORMS CURSORY REVIEW AND SIGNS THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD MEETS ANNUALLY TO DETERMINE THE COMPENSATION FOR THE GENERAL MANAGER/COO. ALL THE OTHER POSITION'S COMPENSATION ARE APPROVED BY THE GENERAL MANAGER/COO. COMPENSATION STUDIES, INDUSTRY STUDIES, AND EMPLOYMENT CONTRACT AGREEMENTS ARE USED IN THE DETERMINATION AND DOCUMENTATION OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 ON ANOTHER WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON INSPECTION AT THE CLUB AND THE FINANCIAL STATEMENTS AVAILABLE ON A THIRD PARTY WEBSITE. FORM 990, PART XI, LINE 9: INITIATION FEES 849,051. ANNUAL CAPITAL ASSESSMENTS 107,819. CLUBHOUSE RENOVATION ASSESSMENT 1,562,781. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. LAUDERDALE YACHT CLUB SAILING FOUNDATION INC 271035675 YOUTH SAILING EDUCATION IN SOUTH FLORIDA FL 501(C)3 LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0