2026-08-14T12:41:35-05:00 2025-09-30 222027092 WITHUM SMITH & BROWN PC 424 MAIN STREET SUITE 800 BUFFALO NY 142023508 990 2024-10-01 272275906 BUFFALO YACHT CLUB FOUNDATION BUFF 7168835900 ONE PORTER AVENUE BUFFALO NY 14201 STEPHEN MUNSCHAUER CURRENT TREASURER 7168835900 2026-08-14 1 1 MARY MADONIA P00405803 7168472651 2026-08-14 2024 2025-03-06 01:10:19Z CAROLYN MORRIS HUNT ONE PORTER AVENUE BUFFALO NY 14201 417060 0 X N/A X 2007 NY THE ORGANIZATION WAS FORMED TO PROMOTE PHYSICAL FITNESS, PERSONAL DEVELOPMENT, SELF-DISCIPLINE, TEAMWORK, AND WATER SAFETY BY CONDUCTING PROGRAMS TO COACH INDIVIDUAL MEMBERS OF THE GENERAL PUBLIC IN FUNDAMENTAL SAILING SKILLS. 10 10 0 10 0 0 375790 119597 196966 205000 15912 21152 24269 41629 612937 387378 0 0 0 0 160778 151955 0 0 0 114832 138565 275610 290520 337327 96858 692500 785338 19116 15096 673384 770242 X THE ORGANIZATION WAS FORMED TO PROMOTE PHYSICAL FITNESS, PERSONAL DEVELOPMENT, SELF-DISCIPLINE, TEAMWORK, AND WATER SAFETY BY CONDUCTING PROGRAMS TO COACH INDIVIDUAL MEMBERS OF THE GENERAL PUBLIC IN FUNDAMENTAL SAILING SKILLS. 0 0 290520 216282 TEACHING FUNDAMENTAL SAILING SKILLS THROUGH EDUCATIONAL PROGRAMS. 290520 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 NY X X THE ORGANIZATION 7168835900 ONE PORTER AVENUE BUFFALO NY 14201 X MICHAEL BARRY BOARD MEMBER/PRESIDENT (TO 11/21/24) 1.00 X X 0 0 0 GAIL MACCLEVERTY BOARD MEMBER/TREASURER 1.00 X X 0 0 0 DAVID WOOLLATT BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 WILLIAM BREDENBURG BOARD MEMBER 1.00 X 0 0 0 JAMES KULWICKI BOARD MEMBER 1.00 X 0 0 0 EUGENE O'NEILL BOARD MEMBER 1.00 X 0 0 0 PETER GODFREY BOARD MEMBER 1.00 X 0 0 0 CHARLES G OBERSHEIMER BOARD MEMBER 1.00 X 0 0 0 CAROLYN MORRIS HUNT BOARD MEMBER/PRESIDENT (AT JAN 2025) 1.00 X X 0 0 0 JOHN COSMANN BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN REINHOLD BOARD MEMBER 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 119597 119597 SUMMER CAMP 713910 167459 167459 SAILING 713910 37541 37541 205000 7202 7202 13950 0 13950 13950 13950 60029 29682 30347 30347 MISCELLANEOUS REVENUE 900099 11282 11282 11282 387378 216282 0 51499 138234 138234 13721 13721 7100 7100 313 313 3427 3427 13170 13170 250 250 29743 29743 23333 23333 REPAIRS AND MAINTENANCE 22943 22943 BOATING EXPENSE 20662 20662 CREDIT CARD FEES 10328 10328 PAYROLL SERVICE FEE 2327 2327 4969 4969 290520 290520 0 0 492715 504032 10868 521401 250963 198392 270438 1393 0 692500 785338 1782 3364 17334 11732 19116 15096 X 437019 404978 236365 365264 673384 770242 692500 785338 96858 0 X X 1 X 0 1 0 X 26820 24899 55351 375790 119597 602457 178822 196966 216282 592070 47029 60029 107058 26820 24899 234173 619785 395908 1301585 0 0 0 1301585 555 873 10065 15912 7202 34607 555 873 10065 15912 7202 34607 14421 14421 27375 40193 244238 635697 403110 1350613 0.96370 0.95590 0.02560 0.02910 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2021 AMOUNT: $ 14,421. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 521401 250963 270438 270438 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. A TAX LIABILITY FROM AN UNCERTAIN TAX POSITION (ONE THAT MAY CAUSE THE FOUNDATION TO BE SUBJECT TO UNINCORPORATED BUSINESS INCOME TAX OR TO LOSE ITS TAX-EXEMPT STATUS) MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE FOUNDATION RECORDED NO SUCH LIABILITIES FOR THE YEAR ENDED SEPTEMBER 30, 2025 AND 2024. FOUNDATION BANQUET 60029 60029 29682 60029 60029 29682 29682 30347 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE, INDEPENDENT ACCOUNTING FIRM. A DRAFT OF THE FORM 990 IS REVIEWED BY THE TREASURER AND A COPY IS PROVIDED TO THE BOARD OF DIRECTORS. ONCE THE DRAFT IS APPROVED, IT IS PROMPTLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS AT THE ORGANIZATION'S PRIMARY LOCATION. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS AND THE INDEPENDENT ACCOUNTANT SELECTION PROCESS HAVE NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, LINES 12C-14: THE ORGANIZATION IS CURRENTLY CONSIDERING THE IMPLEMENTATION OF A DOCUMENT RETENTION POLICY. BUFFALO YACHT CLUB INC 1 PORTER AVE BUFFALO NY 14201 160368750 PRIVATE SOCIAL CLUB PROMOTING YACHTING ADN OTHER AQUATIC SPORTS. NY 501(C)(7) N/A N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0