﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2016v3.0" xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-03-31T13:37:22+00:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>471621447</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>FERRETTI &amp; ODELL CPA'S PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>6 STERLINGTON COMMONS</AddressLine1Txt>
        <CityNm>GREENPORT</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>119441631</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>112138744</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>SOUTHOLD YACHT CLUB INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>SOUT</BusinessNameControlTxt>
      <PhoneNum>6317655629</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 546</AddressLine1Txt>
        <CityNm>SOUTHOLD</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>11971</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>SUSAN HONIG</PersonNm>
      <PersonTitleTxt>COMMODORE</PersonTitleTxt>
      <PhoneNum>6317655629</PhoneNum>
      <SignatureDt>2017-02-01</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JASON F ODELL CPA</PreparerPersonNm>
      <PTIN>P00663692</PTIN>
      <PhoneNum>6314773011</PhoneNum>
      <PreparationDt>2017-03-13</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <AtSubmissionCreationDeviceId>D640A3184FA0799C099A72C67604B2C80982ABB7</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>D640A3184FA0799C099A72C67604B2C80982ABB7</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="4">
    <IRS990EZ documentId="RetDoc2" referenceDocumentId="RetDoc4">
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
      <WebsiteAddressTxt>SOUTHOLDYACHTCLUB.COM</WebsiteAddressTxt>
      <Organization501c3Ind referenceDocumentId="RetDoc5">X</Organization501c3Ind>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>192351</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>63774</ContributionsGiftsGrantsEtcAmt>
      <ProgramServiceRevenueAmt>108268</ProgramServiceRevenueAmt>
      <InvestmentIncomeAmt>47</InvestmentIncomeAmt>
      <FundraisingGrossIncomeAmt referenceDocumentId="RetDoc3">20262</FundraisingGrossIncomeAmt>
      <SpecialEventsDirectExpensesAmt>6835</SpecialEventsDirectExpensesAmt>
      <SpecialEventsNetIncomeLossAmt>13427</SpecialEventsNetIncomeLossAmt>
      <TotalRevenueAmt>185516</TotalRevenueAmt>
      <SalariesOtherCompEmplBnftAmt>55974</SalariesOtherCompEmplBnftAmt>
      <FeesAndOtherPymtToIndCntrctAmt>1800</FeesAndOtherPymtToIndCntrctAmt>
      <OccupancyRentUtltsAndMaintAmt>6122</OccupancyRentUtltsAndMaintAmt>
      <OtherExpensesTotalAmt>69087</OtherExpensesTotalAmt>
      <TotalExpensesAmt>132983</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>52533</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>133076</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>185609</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIInd>X</InfoInScheduleOPartIIInd>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>91775</BOYAmt>
        <EOYAmt>115375</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <LandAndBuildingsGrp>
        <BOYAmt>42451</BOYAmt>
        <EOYAmt>42451</EOYAmt>
      </LandAndBuildingsGrp>
      <OtherAssetsTotalDetail>
        <EOYAmt>27783</EOYAmt>
      </OtherAssetsTotalDetail>
      <Form990TotalAssetsGrp>
        <BOYAmt>134226</BOYAmt>
        <EOYAmt>185609</EOYAmt>
      </Form990TotalAssetsGrp>
      <SumOfTotalLiabilitiesGrp>
        <BOYAmt>1150</BOYAmt>
      </SumOfTotalLiabilitiesGrp>
      <NetAssetsOrFundBalancesGrp>
        <BOYAmt>133076</BOYAmt>
        <EOYAmt>185609</EOYAmt>
      </NetAssetsOrFundBalancesGrp>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>TO MAKE SAILING ACCESSIBLE TO THE NORTH FORK COMMUNITY BY MAINTAINING INEXPENSIVE DUES AND LOW SAILING SCHOOL TUITION.</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>TO MAKE SAILING ACCESSIBLE TO THE NORTH FORK COMMUNITY BY MAINTAINING INEXPENSIVE DUES AND LOW SAILING SCHOOL TUITION.</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>119062</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>119062</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>LAUREN MANDELBAUM</PersonNm>
        <TitleTxt>FORMER COMMO</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>SUSAN HONIG</PersonNm>
        <TitleTxt>COMMODORE</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>JC MERILL</PersonNm>
        <TitleTxt>VICE COMMODO</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>SUZAN SPICER</PersonNm>
        <TitleTxt>REAR COMMODO</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>CELESTE FLICK</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>4.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>BRIAN BURKE</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>DAN LYONS</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>NICOLE LEITCH</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>CHARLIE BOYAR</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>SUSAN EWING</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>CHRIS HEIMERLE</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>PETER COSOLA</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>KATHLEEN GELDERMAN</PersonNm>
        <TitleTxt>GOVERNOT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>TODD MILLER</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>ELIZABETH CLEARY</PersonNm>
        <TitleTxt>GOVERNOR</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <StatesWhereCopyOfReturnIsFldCd>NY</StatesWhereCopyOfReturnIsFldCd>
      <BooksInCareOfDetail>
        <PersonNm>FERRETTI ODELL CPAS PLLC</PersonNm>
        <USAddress>
          <AddressLine1Txt>6 STERLINGTON COMMONS</AddressLine1Txt>
          <CityNm>GREENPORT</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>11944</ZIPCd>
        </USAddress>
        <PhoneNum>6314773011</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc5">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus3YearsAmt>38566</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>40019</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>59899</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>63774</CurrentTaxYearAmt>
        <TotalAmt>202258</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus3YearsAmt>38566</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>40019</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>59899</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>63774</CurrentTaxYearAmt>
        <TotalAmt>202258</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>202258</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus3YearsAmt>225</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>5</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>3</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>47</CurrentTaxYearAmt>
        <TotalAmt>280</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <UnrelatedBusinessNetIncm170Grp>
        <CurrentTaxYearMinus2YearsAmt>15644</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>14123</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>12427</CurrentTaxYearAmt>
        <TotalAmt>42194</TotalAmt>
      </UnrelatedBusinessNetIncm170Grp>
      <TotalSupportAmt>244732</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>276265</GrossReceiptsRltdActivitiesAmt>
      <PublicSupportCY170Pct>0.82640</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.82190</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleG documentId="RetDoc3">
      <FundraisingEventInformationGrp>
        <Event1Nm>FUNDRAISING EVE</Event1Nm>
        <GrossReceiptsEvent1Amt>20262</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>20262</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>6835</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>20262</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>20262</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>6835</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>6835</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>13427</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc4">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES 1,218 405 15,412 BANK CHARGES &amp; CC FEES 4,858 DUES 3,887 REPAIRS &amp; MAINTENANCE 15,753 REGATTAS AND CLUB RACES 11,189 SAILING SCHOOL 12,125 SOCIAL EVENTS 1,153 NON-INVESTMENT DEPRECIATION 3,087 TOTAL 69,087</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART II, LINE 24</FormAndLineReferenceDesc>
        <ExplanationTxt>BOATS AND PARTS 2016 0 30,870 LESS ACCUMULATED DEPRECIATION 0 3,087 TOTAL 0 27,783</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART II, LINE 26</FormAndLineReferenceDesc>
        <ExplanationTxt>ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,150 0</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>TO MAKE SAILING ACCESSIBLE TO THE NORTH FORK COMMUNITY BY MAINTAINING INEXPENSIVE DUES AND LOW SAILING SCHOOL TUITION.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>