LAUDERDALE YACHT CLUB INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: LAUDERDALE YACHT CLUB INC (EIN 59-0326329)
Tax period: 2023-05-01 to 2024-04-30
Filed: 2025-02-28
IRS object ID: 202540599349302009
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-02-28T16:58:34-06:00	ReturnTs
Tax Period End	2024-04-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1555 PALM BEACH LAKES BLVD SUITE	AddressLine1Txt
Address Line2	500	AddressLine2Txt
City	WEST PALM BEACH	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33401	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-05-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	590326329	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LAUDERDALE YACHT CLUB INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LAUD	BusinessNameControlTxt
Phone	9545245500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1725 SE 12TH ST	AddressLine1Txt
City	FORT LAUDERDALE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	333161437	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN SWADENER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	9545245500	PhoneNum
Signature	2025-02-24	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CHRISTOPHER CECIL	PreparerPersonNm
PTIN	P01877773	PTIN
Phone	5616971785	PhoneNum
Preparation	2025-02-24	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	THOMAS T COON JR	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1725 SE 12TH ST	AddressLine1Txt
City	FORT LAUDERDALE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	333161437	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$14,474,182	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	LYC1938.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1938	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	265	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$1,419,439	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$166,858	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$7,211,275	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,920,701	CYProgramServiceRevenueAmt
PY Investment Income	$7,361	PYInvestmentIncomeAmt
CY Investment Income	$164,845	CYInvestmentIncomeAmt
PY Other Revenue	$3,389,221	PYOtherRevenueAmt
CY Other Revenue	$3,703,357	CYOtherRevenueAmt
PY Total Revenue	$10,607,857	PYTotalRevenueAmt
CY Total Revenue	$11,788,903	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$6,830,493	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$7,442,097	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,230,488	PYOtherExpensesAmt
CY Other Expenses	$6,670,936	CYOtherExpensesAmt
PY Total Expenses	$13,060,981	PYTotalExpensesAmt
CY Total Expenses	$14,113,033	CYTotalExpensesAmt
PY Revenues Less Expenses	-$2,453,124	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$2,324,130	CYRevenuesLessExpensesAmt
Total Assets BOY	$35,930,007	TotalAssetsBOYAmt
Total Assets EOY	$35,601,868	TotalAssetsEOYAmt
Total Liabilities BOY	$20,038,996	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$19,378,961	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$15,891,011	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$16,222,907	NetAssetsOrFundBalancesEOYAmt
Mission	LAUDERDALE YACHT CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	THE CLUB PROVIDES RESTAURANT, TENNIS, POOL AND DOCK FACILITIES FOR ITS MEMBERS AND THEIR GUESTS.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	56	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	265	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	Yes (1)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (1)	NondeductibleContriDisclInd
Initiation Fees And Cap Contri	$0	InitiationFeesAndCapContriAmt
Gross Receipts For Public Use	$1,742,105	GrossReceiptsForPublicUseAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SCOTT T BARTER CFO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9545252842	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1725 SOUTHEAST 12TH STREET	AddressLine1Txt
City	FORT LAUDERDALE	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	33316	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
THOMAS T COON JR ESQ
COMMODORE	5.00	Yes (X)	Yes (X)	$0	$0	$0
JAMES MAUS
VICE COMMODORE	1.00	Yes (X)	Yes (X)	$0	$0	$0
ELIZABETH WOLTZ
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN SWADENER
TREASURER	3.00	Yes (X)	Yes (X)	$0	$0	$0
KARL J HILL
REAR COMMODORE	1.00	Yes (X)	Yes (X)	$0	$0	$0
CHARLES CAULKINS ESQ
LEGAL OFFICER	1.00	Yes (X)		$0	$0	$0
DENNIS ST ROMAIN
FLEET CAPTAIN	1.00	Yes (X)		$0	$0	$0
EROL YOLDAS
FLEET SURGEON	1.00	Yes (X)		$0	$0	$0
JEREMY P HAYES
FLEET HISTORIAN	1.00	Yes (X)		$0	$0	$0
JORGE AGNESE
GOVERNOR	1.00	Yes (X)		$0	$0	$0
ANGELO GOLEMI
GOVERNOR	1.00	Yes (X)		$0	$0	$0
MICHAEL MCGINN
GOVERNOR	1.00	Yes (X)		$0	$0	$0
JASON HUEY
GOVERNOR	1.00	Yes (X)		$0	$0	$0
KACEY MEAGHER RODER
GOVERNOR	1.00	Yes (X)		$0	$0	$0
RON MCTIGHE
GOVERNOR	1.00	Yes (X)		$0	$0	$0
RICK BURGESS
GOVERNOR	1.00	Yes (X)		$0	$0	$0
EDWARD T YEVOLI
GOVERNOR	1.00	Yes (X)		$0	$0	$0
SCOTT ANDERSON
GOVERNOR	1.00	Yes (X)		$0	$0	$0
GEX F RICHARDSON
GOVERNOR	1.00	Yes (X)		$0	$0	$0
S SCOTT STAMPER
GOVERNOR	1.00	Yes (X)		$0	$0	$0
DREW SAITO
GOVERNOR	1.00	Yes (X)		$0	$0	$0
PETER MCFADEN
GENERAL MANAGER	50.00		Yes (X)	$217,693	$0	$12,039
SCOTT BARTER
CHIEF FINANCIAL OFFICER	50.00		Yes (X)	$183,900	$0	$13,405
SCOTT PUKYS
DIRECTOR OF TENNIS	45.00			$202,181	$0	$25,572	Yes (X)
JASON VALERIO
EXECUTIVE CHEF	45.00			$167,601	$0	$6,612	Yes (X)
JOHN CASEY
SAILING DIRECTOR	45.00			$137,141	$0	$4,096	Yes (X)
DAWN DIERKES
DIRECTOR OF HUMAN RESOURCE	50.00			$115,387	$0	$10,294	Yes (X)
JOSE VEGA
FOOD & BEVERAGE DIRECTOR	45.00			$109,502	$0	$20,540	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,133,405	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$92,558	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	7	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SMART COMPUTING SOLUTIONS INC	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 FORBES STREET SUITE 101	AddressLine1Txt
City	ANNAPOLIS	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21401	ZIPCd

Field	Value	IRS element (for citing)
Services	IT CONSULTING	ServicesDesc
Compensation	$122,026	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
DUES & ASSESSMENTS	713910	$5,028,888	$5,028,888
YACHTING	713910	$1,056,953	$608,625	$448,328
DOCKS AND HARBOR	713910	$776,140	$739,451	$36,689
TENNIS	713910	$391,631	$352,278	$39,353
OTHER FOOD AND BEVERAGE	713910	$272,186	$272,186

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$394,903	TotalRevenueColumnAmt
Related Or Exempt Func Income	$394,903	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,920,701	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$169,338	TotalRevenueColumnAmt
Unrelated Business Revenue	$169,338	UnrelatedBusinessRevenueAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$108,000	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$85,883	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$22,117	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,117	TotalRevenueColumnAmt
Unrelated Business Revenue	$22,117	UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$4,100	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$8,593	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$4,493	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$4,493	TotalRevenueColumnAmt
Exclusion	-$4,493	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$6,140,526	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$2,590,803	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,549,723	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,846,109	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$703,614	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER FINANCING	713910	$123,501	$123,501
MISCELLANEOUS	713910	$8,016	$8,016

Field	Value	IRS element (for citing)
Other Revenue Total	$131,517	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,788,903	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,373,957	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,419,439	UnrelatedBusinessRevenueAmt
Exclusion	-$4,493	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,406,695	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,035,402	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$6,785	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$997,369	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$707,581	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,815,973	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$758,404	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
REPAIRS & ADMIN.	$706,251
ENTERTAINMENT COMMITTEE	$548,127
YACHTING COMMITTEE	$438,274
FOOD AND BEVERAGE	$203,944

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$488,228	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$14,113,033	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$490,281	BOYAmt
EOY	$480,729	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$401,216	BOYAmt
EOY	$889,538	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,159,659	BOYAmt
EOY	$1,464,893	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$329,397	BOYAmt
EOY	$358,498	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$240,056	BOYAmt
EOY	$160,438	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$41,515,292	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$11,574,216	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$30,536,981	BOYAmt
EOY	$29,941,076	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$2,725,593	BOYAmt
EOY	$2,239,228	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$46,824	BOYAmt
EOY	$67,468	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$35,930,007	BOYAmt
EOY	$35,601,868	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,044,057	BOYAmt
EOY	$1,116,197	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,173,129	BOYAmt
EOY	$1,329,983	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$17,778,669	BOYAmt
EOY	$16,902,302	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$43,141	BOYAmt
EOY	$30,479	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$20,038,996	BOYAmt
EOY	$19,378,961	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,891,011	BOYAmt
EOY	$16,222,907	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$15,891,011	BOYAmt
EOY	$16,222,907	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$35,930,007	BOYAmt
EOY	$35,601,868	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$2,324,130	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$28,933	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$2,627,093	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,162,239	OtherCostOrOtherBasisAmt
Book Value	$3,162,239	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$28,619,394	OtherCostOrOtherBasisAmt
Depreciation	$8,636,785	DepreciationAmt
Book Value	$19,982,609	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,568,652	OtherCostOrOtherBasisAmt
Depreciation	$1,680,512	DepreciationAmt
Book Value	$3,888,140	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,165,007	OtherCostOrOtherBasisAmt
Depreciation	$1,256,919	DepreciationAmt
Book Value	$2,908,088	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$29,941,076	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	U.S. TREASURY BILLS	Desc
Book Value	$2,239,228	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,239,228	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITY	Desc
Amt	$30,479	Amt

Field	Value	IRS element (for citing)
Total Liability	$30,479	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$14,494,522	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$28,933	NetUnrealizedGainsInvstAmt
Other Revenue	$2,676,686	OtherRevenueAmt
Revenue Not Reported	$2,705,619	RevenueNotReportedAmt
Revenue Subtotal	$11,788,903	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$11,788,903	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$16,789,719	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,676,686	OtherExpensesIncludedAmt
Expenses Not Reported	$2,676,686	ExpensesNotReportedAmt
Expenses Subtotal	$14,113,033	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$14,113,033	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 2,590,803. RENTAL EXPENSES 85,883.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD 2,590,803. RENTAL EXPENSES 85,883.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PETER MCFADEN
GENERAL MANAGER	$190,163	$0	$21,530	$0	$6,000	$0	$6,889	$0	$5,150	$0	$229,732	$0	$0	$0
SCOTT PUKYS
DIRECTOR OF TENNIS	$40,891	$0	$0	$0	$161,290	$0	$8,357	$0	$17,215	$0	$227,753	$0	$0	$0
SCOTT BARTER
CHIEF FINANCIAL OFFICER	$160,500	$0	$23,400	$0	$0	$0	$7,162	$0	$6,243	$0	$197,305	$0	$0	$0
JASON VALERIO
EXECUTIVE CHEF	$148,599	$0	$19,002	$0	$0	$0	$6,528	$0	$84	$0	$174,213	$0	$0	$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	CLYDE WRIGHT II	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	FORMER COMMODORE (2003 TERM)	RelationshipDescriptionTxt
Transaction	$552,077	TransactionAmt
Transaction	THE FORMER OFFICER RECEIVED COMMISSIONS FOR SOURCING THE CLUB'S PROPERTY AND LIABILITY INSURANCE POLICY WITH BROWN AND BROWN INSURANCE IN AN ARMS LENGTH TRANSACTION.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4	1) ON NOVEMBER 9, 2023 ARTICLE 1, SECTION B OF THE CLUB BY-LAWS WERE AMENDED TO CHANGE THE SPONSOR REQUIREMENTS. THE SPONSORING MEMBERS ARE NOW REQUIRED TO HAVE PERSONALLY KNOWN THE PROPOSED MEMBER FOR A MINIMUM OF TWO YEARS AND THE RECOMMENDING MEMBERS MUST HAVE KNOWN THE PROPOSED MEMBER FOR A MINIMUM OF ONE YEAR. 2) ON APRIL 10, 2024, THE CLUB BY-LAWS SECTION II WERE AMENDED TO CHANGE THE INITIATION FEE TO $50,000 EFFECTIVE FOR ALL SPONSORSHIP FORMS RECEIVED AFTER APRIL 10, 2024.
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 977,651. ANNUAL CAPITAL ASSESSMENTS 107,969. CLUBHOUSE RENOVATION ASSESSMENT 1,541,473.
FORM 990, PART XII, LINE 2C	NO CHANGE FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LAUDERDALE YACHT CLUB SAILING FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
EIN	271035675	EIN
Primary Activities	YOUTH SAILING EDUCATION IN SOUTH FLORIDA	PrimaryActivitiesTxt
Legal Domicile State	FL	LegalDomicileStateCd
Exempt Code Section	501(C)3	ExemptCodeSectionTxt
Public Charity Status	LINE 11	PublicCharityStatusTxt
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd