LAUDERDALE YACHT CLUB INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: LAUDERDALE YACHT CLUB INC (EIN 59-0326329)
Tax period: 2022-05-01 to 2023-04-30
Filed: 2024-02-29
IRS object ID: 202430609349300818
Schema version: 2022v5.0
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	2024-02-29T13:19:06-06:00	ReturnTs
Tax Period End	2023-04-30	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	2022-05-01	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	2024-02-20	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JOHN	PersonFirstNm
Person Last	SWADENER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

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	2024-02-20	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	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	$13,279,011	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	296	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$1,194,031	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$7,416	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$6,309,232	PYProgramServiceRevenueAmt
CY Program Service Revenue	$7,211,275	CYProgramServiceRevenueAmt
PY Investment Income	$6	PYInvestmentIncomeAmt
CY Investment Income	$7,361	CYInvestmentIncomeAmt
PY Other Revenue	$3,694,777	PYOtherRevenueAmt
CY Other Revenue	$3,389,221	CYOtherRevenueAmt
PY Total Revenue	$10,004,015	PYTotalRevenueAmt
CY Total Revenue	$10,607,857	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	$6,086,032	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$6,830,493	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,265,461	PYOtherExpensesAmt
CY Other Expenses	$6,230,488	CYOtherExpensesAmt
PY Total Expenses	$12,351,493	PYTotalExpensesAmt
CY Total Expenses	$13,060,981	CYTotalExpensesAmt
PY Revenues Less Expenses	-$2,347,478	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$2,453,124	CYRevenuesLessExpensesAmt
Total Assets BOY	$35,808,953	TotalAssetsBOYAmt
Total Assets EOY	$35,930,007	TotalAssetsEOYAmt
Total Liabilities BOY	$20,433,570	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$20,038,996	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$15,375,383	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$15,891,011	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	59	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	296	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	$1,724,307	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
Other Website	Yes (X)	OtherWebsiteInd

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 (27 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
WIL H SHRINER
COMMODORE	5.00	Yes (X)	Yes (X)	$0	$0	$0
THOMAS T COON JR ESQ
VICE COMMODORE	1.00	Yes (X)	Yes (X)	$0	$0	$0
JAMES MAUS
REAR COMMODORE	1.00	Yes (X)	Yes (X)	$0	$0	$0
W GREY MARKER
TREASURER	3.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN SWADENER
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
CHARLES CAULKINS ESQ
LEGAL OFFICER	1.00	Yes (X)		$0	$0	$0
KACEY M RODER
FLEET CAPTAIN	1.00	Yes (X)		$0	$0	$0
ALBERTO CASARETTO
FLEET SURGEON	1.00	Yes (X)		$0	$0	$0
CHRISTOPHER LEONARD
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
MICHAEL CRISSY
GOVERNOR	1.00	Yes (X)		$0	$0	$0
KARL J HILL
GOVERNOR	1.00	Yes (X)		$0	$0	$0
MARTY MCGROGAN
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
PETER MCFADEN
GENERAL MANAGER	55.00		Yes (X)	$198,991	$0	$9,719
SCOTT BARTER
CHIEF FINANCIAL OFFICER	55.00		Yes (X)	$169,206	$0	$4,250
SCOTT PUKYS
DIRECTOR OF TENNIS	50.00			$211,442	$0	$14,105	Yes (X)
JASON VALERIO
EXECUTIVE CHEF	50.00			$159,611	$0	$4,221	Yes (X)
JOHN CASEY
SAILING DIRECTOR	50.00			$126,823	$0	$4,877	Yes (X)
DAWN DIERKES
DIRECTOR OF HUMAN RESOURCES	50.00			$100,395	$0	$7,064	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$966,468	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$44,236	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
DUES & ASSESSMENTS	713910	$4,606,186	$4,606,186
YACHTING	713910	$1,035,732	$647,611	$388,121
DOCKS AND HARBOR	713910	$760,107	$741,296	$18,811
TENNIS	713910	$311,432	$273,413	$38,019
OTHER FOOD AND BEVERAGE	713910	$181,536	$181,536

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$316,282	TotalRevenueColumnAmt
Related Or Exempt Func Income	$316,282	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$7,211,275	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$24,014	TotalRevenueColumnAmt
Unrelated Business Revenue	$24,014	UnrelatedBusinessRevenueAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$105,250	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$99,397	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$5,853	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,853	TotalRevenueColumnAmt
Unrelated Business Revenue	$5,853	UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$2,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$18,653	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$16,653	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$16,653	TotalRevenueColumnAmt
Exclusion	-$16,653	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$5,798,826	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$2,553,104	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,245,722	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,526,509	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$719,213	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER FINANCING	713910	$131,915	$131,915
MISCELLANEOUS	713910	$3,098	$3,098
GENERAL FACILITY FEE	713910	$2,633	$2,633

Field	Value	IRS element (for citing)
Other Revenue Total	$137,646	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,607,857	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,430,479	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,194,031	UnrelatedBusinessRevenueAmt
Exclusion	-$16,653	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$5,859,448	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$971,045	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$5,233	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$876,106	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$740,291	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,696,948	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$606,377	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
REPAIRS & ADMIN.	$629,295
YACHTING COMMITTEE	$512,845
ENTERTAINMENT COMMITTEE	$448,338
FOOD AND BEVERAGE	$239,108

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$475,947	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,060,981	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$634,285	BOYAmt
EOY	$490,281	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,034,459	BOYAmt
EOY	$401,216	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,677,144	BOYAmt
EOY	$1,159,659	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$345,551	BOYAmt
EOY	$329,397	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$399,078	BOYAmt
EOY	$240,056	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$40,309,464	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,772,483	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$31,713,802	BOYAmt
EOY	$30,536,981	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$2,725,593	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$4,634	BOYAmt
EOY	$46,824	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$35,808,953	BOYAmt
EOY	$35,930,007	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,940,454	BOYAmt
EOY	$1,044,057	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$721,097	BOYAmt
EOY	$1,173,129	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$17,772,019	BOYAmt
EOY	$17,778,669	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$43,141	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$20,433,570	BOYAmt
EOY	$20,038,996	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	$15,375,383	BOYAmt
EOY	$15,891,011	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$15,375,383	BOYAmt
EOY	$15,891,011	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$35,808,953	BOYAmt
EOY	$35,930,007	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$2,453,124	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$2,968,752	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	$28,593,270	OtherCostOrOtherBasisAmt
Depreciation	$7,522,157	DepreciationAmt
Book Value	$21,071,113	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,789,355	OtherCostOrOtherBasisAmt
Depreciation	$1,259,956	DepreciationAmt
Book Value	$3,529,399	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,764,600	OtherCostOrOtherBasisAmt
Depreciation	$990,370	DepreciationAmt
Book Value	$2,774,230	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$30,536,981	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	U.S. TREASURY BILLS	Desc
Book Value	$2,725,593	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$2,725,593	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITY	Desc
Amt	$43,141	Amt

Field	Value	IRS element (for citing)
Total Liability	$43,141	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$13,260,358	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$2,652,501	OtherRevenueAmt
Revenue Not Reported	$2,652,501	RevenueNotReportedAmt
Revenue Subtotal	$10,607,857	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$10,607,857	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$15,713,482	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$2,652,501	OtherExpensesIncludedAmt
Expenses Not Reported	$2,652,501	ExpensesNotReportedAmt
Expenses Subtotal	$13,060,981	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$13,060,981	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 2,553,104. RENTAL EXPENSES 99,397.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD 2,553,104. RENTAL EXPENSES 99,397.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
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
SCOTT PUKYS
DIRECTOR OF TENNIS	$12,299	$0	$176,042	$0	$23,101	$0	$8,694	$0	$5,411	$0	$225,547	$0	$0	$0
PETER MCFADEN
GENERAL MANAGER	$159,091	$0	$20,500	$0	$19,400	$0	$6,600	$0	$3,119	$0	$208,710	$0	$0	$0
SCOTT BARTER
CHIEF FINANCIAL OFFICER	$122,506	$0	$19,700	$0	$27,000	$0	$1,440	$0	$2,810	$0	$173,456	$0	$0	$0
JASON VALERIO
EXECUTIVE CHEF	$136,029	$0	$17,250	$0	$6,332	$0	$4,221	$0	$0	$0	$163,832	$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	$616,374	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 4/18/23 THE MEMBERSHIP APPROVED AN AMENDMENT TO SECTION III OF THE CODE OF REGULATIONS TO INCREASE THE AMOUNT OF ANNUAL DUES FROM $5,200 TO $5,800 EFFECTIVE AUGUST 1, 2023.
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 1,352,442. ANNUAL CAPITAL ASSESSMENTS 105,787. CLUBHOUSE RENOVATION ASSESSMENT 1,510,523.
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