2017-02-27T07:55:18-06:00 2016-04-30 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2015-05-01 590326329 LAUDERDALE YACHT CLUB INC LAUD 9545252842 1725 SOUTHEAST 12TH STREET FORT LAUDERDALE FL 333161437 KARL HILL TREASURER 9545252842 2017-02-25 1 FRANK LUCAS P00995244 5616971785 2015 2021-01-29 14:40:06Z PETER M COMMETTE 1725 SOUTHEAST 12TH STREET FORT LAUDERDALE FL 333161437 9409904 0 X LYC.ORG X 1968 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 15 15 200 21 427481 0 0 0 5450168 5562388 -422371 -47626 2117436 2362509 7145233 7877271 0 0 0 0 3427309 3570430 0 0 0 3714948 3409767 7142257 6980197 2976 897074 15888981 15872018 4465804 3551767 11423177 12320251 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 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 42 0 1 200 1 1 1 0 0 0 1 1 1902258 604082 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 0 1 1 1 1 0 X DAN GREENBERG DIRECTOR OF FINANCE 9545252842 1725 SOUTHEAST 12TH STREET FORT LAUDERDALE FL 33316 PETER M COMMETTE COMMODORE 5.00 X X 0 0 0 GREGORY BELLOWS VICE COMMODORE 1.00 X X 0 0 0 CHUCK DUNN REAR COMMODORE 1.00 X X 0 0 0 KARL HILL TREASURER 3.00 X X 0 0 0 MICHAEL MCGINN SECRETARY 1.00 X X 0 0 0 GEX RICHARDSON LEGAL OFFICER 1.00 X 0 0 0 TED MORLEY FLEET CAPTAIN 1.00 X 0 0 0 SIMON DORTON MD FLEET SURGEON 1.00 X 0 0 0 RICK BURGESS FLEET HISTORIAN 1.00 X 0 0 0 WESLEY W PARKER GOVERNOR 1.00 X 0 0 0 CHARLES CHIP SABADASH III GOVERNOR 1.00 X 0 0 0 WIL H SHRINER GOVERNOR 1.00 X 0 0 0 BILL BRANAN GOVERNOR 1.00 X 0 0 0 JOHN A DUNN GOVERNOR 1.00 X 0 0 0 THOMAS A LIHAN GOVERNOR 1.00 X 0 0 0 GEORGE L CALDWELL JR MD GOVERNOR 1.00 X 0 0 0 FRANK B DOLPH III GOVERNOR 1.00 X 0 0 0 STEVE HYATT GOVERNOR 1.00 X 0 0 0 SCOTT L ANDERSON CFP GOVERNOR 1.00 X 0 0 0 DAVID J BURGESS GOVERNOR 1.00 X 0 0 0 STEPHANIE J TOOTHAKER ESQ GOVERNOR 1.00 X 0 0 0 DAN GREENBERG DIRECTOR OF FINANCE 55.00 X 106411 0 6650 NADINE ROCKWELL GENERAL MANAGER 55.00 X 42692 0 3415 JASON CALKIN GENERAL MANAGER 55.00 X 88588 0 5956 SCOTT PUKYS DIRECTOR OF TENNIS 50.00 X 195890 0 10934 TOM AZAR EXECUTIVE CHEF 50.00 X 112968 0 6147 STEFAN TELL ASSISTANT TENNIS PRO 50.00 X 102696 0 6214 649245 0 39316 4 0 1 0 0 DUES & ASSESSMENTS 713910 4165914 4165914 YACHTING 713910 516806 381615 135191 DOCKS AND HARBOR 713910 393330 381649 11681 TENNIS 713910 275287 275287 ENTERTAINMENT COMMITTEE 713910 69288 69288 141763 141763 5562388 6783 6783 54409 -54409 -54409 -54409 3648929 1478224 2170705 1896879 273826 MEMBER FINANCING 713910 96890 96890 GENERAL FACILITY FEE 713910 68068 68068 OTHER INCOME 713910 26441 26441 405 405 191804 7877271 7504199 427481 -54409 2952956 617474 50500 541456 100873 797719 321849 REPAIRS & ADMIN. 607566 FOOD AND BEVERAGE 335478 ENTERTAINMENT COMMITTEE 253483 YACHTING COMMITTEE 227554 173289 6980197 2464843 2834008 973422 983723 654137 580535 122366 149513 190858 186586 18536491 7413220 11453290 11123271 30065 14382 15888981 15872018 520408 604159 555830 549710 3389566 2397898 4465804 3551767 X 11423177 12320251 11423177 12320251 15888981 15872018 897074 0 X X 0 1 X 1 0 1176052 1176052 10115775 4354507 5761268 3058845 1316732 1742113 4185819 1741981 2443838 11123271 9355495 1478224 1478224 7877271 0 7877271 8458421 1478224 1478224 6980197 0 6980197 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,478,224. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,478,224. 1 X X X X 0 0 0 SCOTT PUKYS DIRECTOR OF TENNIS 33250 0 144640 0 18000 0 5258 0 5676 0 206824 0 0 0 CLYDE WRIGHT II FORMER COMMODORE (2003 TERM) 323913 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. 0 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 MEMBERS AND SENIOR MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B REGULAR AND SENIOR MEMBERS CAN VOTE AND DECIDE ON NEW CAPITAL ASSESSMENTS, DUES INCREASES, OPERATING ASSESSMENTS OVER 5% OF THE DUES RATE AND SERVICE CHARGES INCREASES. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DOES NOT BELIEVE THAT IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. ONLY THE DIRECTOR OF FINANCE AND THE CLUB TREASURER REVIEW THE FORM BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 THE ONLY POSITION THAT THE BOARD APPROVES IS THE COMPENSATION PACKAGE FOR THE GENERAL MANAGER AND THIS REVIEW WAS DONE IN FISCAL 2016. ALL THE OTHER POSITIONS' COMPENSATION ARE APPROVED BY THE GENERAL MANAGER WHICH ARE BASED ON COMPARABLE POSITIONS AND PERFORMANCE TOWARDS GOALS. THE EXECUTIVE COMMITTEE CONDUCTS THEIR REGULAR COMPENSATION MEETINGS AND APPROVES THE ANNUAL COMPENSATION AND BONUS PACKAGE FOR THE GENERAL MANAGER. THEY LOOK AT COMPENSATIONS OF OTHER COMPARABLE GENERAL MANAGERS AND THE ACCOMPLISHMENTS OF THE CURRENT GM TO THE GOALS THAT HE MET. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0