CLEARWATER YACHT CLUB: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CLEARWATER YACHT CLUB (EIN 59-0197110)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349321812
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T16:40:33-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341874260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1700 WEST 47TH STREET SUITE 1100AddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64112ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN590197110EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLEARWATER YACHT CLUB INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLEABusinessNameControlTxt
Phone7274421309PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1830 SOUTH BAYWAY BLVDAddressLine1Txt
CityCLEARWATERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33767ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALBERT MICHAEL RUBIOPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7274421309PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA BURKEPreparerPersonNm
PTINP00220718PTIN
Phone8169455500PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALBERT MICHAEL RUBIOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1830 SOUTH BAYWAY BLVDAddressLine1Txt
CityCLEARWATERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33767ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,806,321GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressCLEARWATERYACHTCLUB.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1985FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO ENCOURAGE YACHTING AND PROVIDE MEMBERS WITH ASSOCIATED RECREATIONAL PRIVILEGES.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee62TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$660,884TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$642,652NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$175,834PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,553,871PYProgramServiceRevenueAmt
CY Program Service Revenue$1,613,641CYProgramServiceRevenueAmt
PY Investment Income$30,795PYInvestmentIncomeAmt
CY Investment Income$733,326CYInvestmentIncomeAmt
PY Other Revenue$223,531PYOtherRevenueAmt
CY Other Revenue-$96,090CYOtherRevenueAmt
PY Total Revenue$1,984,031PYTotalRevenueAmt
CY Total Revenue$2,250,877CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$597,782PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$619,107CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$945,578PYOtherExpensesAmt
CY Other Expenses$1,029,596CYOtherExpensesAmt
PY Total Expenses$1,543,360PYTotalExpensesAmt
CY Total Expenses$1,648,703CYTotalExpensesAmt
PY Revenues Less Expenses$440,671PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$602,174CYRevenuesLessExpensesAmt
Total Assets BOY$3,857,720TotalAssetsBOYAmt
Total Assets EOY$4,650,873TotalAssetsEOYAmt
Total Liabilities BOY$1,463,756TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,604,991TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,393,964NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,045,882NetAssetsOrFundBalancesEOYAmt
MissionTO ENCOURAGE YACHTING AND PROVIDE MEMBERS WITH ASSOCIATED RECREATIONAL PRIVILEGES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTO ENCOURAGE YACHTING BY THE PUBLIC; TO PROMOTE AND ASSIST IN MAKING MEMBERS MORE PROFICIENT IN SEAMANSHIP AND NAVIGATION; TO PROVIDE GOOD FOOD, REFRESHMENTS, AND MAINTAIN A SUITABLE CLUBHOUSE, ANCHORAGE, AND FACILITIES FOR THE RECREATION AND USE OF ITS MEMBERS AND THEIR FAMILIES; TO PROMOTE THE SOCIAL WELFARE, ENTERTAINMENT, AND DIVERSION OF ITS MEMBERS, THEIR FAMILIES AND GUESTS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee62EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Initiation Fees And Cap Contri$258,918InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$195,050GrossReceiptsForPublicUseAmt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALBERT MICHAEL RUBIO TREASURERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7274421309PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1830 SOUTH BAYWAY BLVDAddressLine1Txt
CityCLEARWATERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33767ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RICH LIBONATE
COMMODORE1.00Yes (X)Yes (X)$0$0$0
JOAN CARTER
VICE COMMODORE1.00Yes (X)Yes (X)$0$0$0
ROD WHITE
REAR COMMODORE1.00Yes (X)Yes (X)$0$0$0
KEAGAN PENNYCUFF
TREASURER1.00Yes (X)Yes (X)$0$0$0
CAREY SAUER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JOHN MINTON
FLEET CAPTAIN1.00Yes (X)Yes (X)$0$0$0
CURTIS WOLD
IMMEDIATE PAST COMMODORE1.00Yes (X)Yes (X)$0$0$0
RICK BROOM
DIRECTOR1.00Yes (X)$0$0$0
AMIE CROSBY
DIRECTOR1.00Yes (X)$0$0$0
TOM CUMMINGS
DIRECTOR1.00Yes (X)$0$0$0
JIM HANNIGAN
DIRECTOR1.00Yes (X)$0$0$0
PHYLLIS NORDMAN
DIRECTOR1.00Yes (X)$0$0$0
RICHIE SHAW
DIRECTOR1.00Yes (X)$0$0$0
PETER JUTIS
GENERAL MANAGER40.00Yes (X)$127,231$0$29,070
FieldValueIRS element (for citing)
Total Reportable Comp From Org$127,231TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$29,070TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ERWIN ELECTRICBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line113817 MONROES BUSINESS PARKAddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33635ZIPCd
FieldValueIRS element (for citing)
ServicesDOCK CONSTRUCTIONServicesDesc
Compensation$242,158CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES713990$1,340,810$1,340,810
SLIP & DOCK RENTAL713990$175,581$161,472$14,109
INITIATION FEES713990$95,650$95,650
YACHTING713990$1,600$1,600
FieldValueIRS element (for citing)
Total Program Service Revenue$1,613,641TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,722TotalRevenueColumnAmt
Unrelated Business Revenue$40,722UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$1,051,848OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$359,244OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$692,604OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$692,604TotalRevenueColumnAmt
Related Or Exempt Func Income$95,953RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$596,651UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,096,924GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,196,200CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$99,276TotalRevenueColumnAmt
Related Or Exempt Func Income-$108,678RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$9,402UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescLATE CHARGESDesc
Business713990BusinessCd
Total Revenue Column$2,557TotalRevenueColumnAmt
Related Or Exempt Func Income$2,557RelatedOrExemptFuncIncomeAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$629TotalRevenueColumnAmt
Related Or Exempt Func Income$629RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,186OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,250,877TotalRevenueColumnAmt
Related Or Exempt Func Income$1,589,993RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$660,884UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$156,301TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$294,626TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$51,090TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$117,090TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,251TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,653TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$17,827TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$20,578TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$199,850TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$39,167TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$304,172TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$17,563TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$72,597TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$253,982TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
ENTERTAINMENT$68,175
MEMBERSHIP ACTIVITIES$10,186
YACHTING EXPENSES$8,879
BAD DEBT EXPENSE$5,716

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,648,703TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$66,420BOYAmt
EOY$74,821EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,086,647BOYAmt
EOY$1,578,711EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$381,540BOYAmt
EOY$665,615EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$105,700BOYAmt
EOY$98,409EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$96,741BOYAmt
EOY$114,927EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,250,113LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,131,723LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,120,672BOYAmt
EOY$2,118,390EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,857,720BOYAmt
EOY$4,650,873EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$173,154BOYAmt
EOY$266,967EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$176,765BOYAmt
EOY$119,668EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,113,837BOYAmt
EOY$1,218,356EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,463,756BOYAmt
EOY$1,604,991EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,393,964BOYAmt
EOY$3,045,882EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,393,964BOYAmt
EOY$3,045,882EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,857,720BOYAmt
EOY$4,650,873EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$602,174ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$14,481NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$35,263PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$156,585OtherCostOrOtherBasisAmt
Book Value$156,585BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$947,620OtherCostOrOtherBasisAmt
Depreciation$816,080DepreciationAmt
Book Value$131,540BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$423,287OtherCostOrOtherBasisAmt
Depreciation$173,880DepreciationAmt
Book Value$249,407BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,722,621OtherCostOrOtherBasisAmt
Depreciation$141,763DepreciationAmt
Book Value$1,580,858BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,118,390TotalBookValueLandBuildingsAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonPETER JUTISPersonNm
TitleGENERAL MANAGERTitleTxt
Base Compensation Filing Org$127,231BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$29,070NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$156,301TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED AND SIGNED BY THE TREASURER. ONCE COMPLETED AND SIGNED, FORM 990 IS PROVIDED TO VOTING MEMBERS BY EITHER PHYSICAL OR ELECTRONIC MEANS AS REQUESTED.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS MONITORED ON A CASE BY CASE BASIS. IF AN ISSUE ARISES, IT IS ADDRESSED IMMEDIATELY WITH THE GENERAL MANAGER THEN THE OFFICERS AND DIRECTORS. TO DATE NO ISSUES HAVE BEEN IDENTIFIED.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION AND BONUSES GO THROUGH AN APPROVAL PROCESS WITH THE OFFICERS, DIRECTORS AND BOARD MEMBERS. THE APPROVAL PROCESS IS DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART VIII, LINE 7D, COLUMN (B):THE ORGANIZATION QUALIFIES FOR NONRECOGNITION OF GAIN UNDER SECTION 512(A)(3)(D) WITH RESPECT TO THE SALE DETAILED BELOW. CONSEQUENTLY, A PORTION OF THE GAIN HAS BEEN REPORTED AS EXEMPT FUNCTION REVENUE IN COLUMN (B). DESCRIPTION OF PROPERTY: 16 TRANSFERRABLE DEVELOPMENT RIGHTS (TDR)*** DATE SOLD: 12/10/2024 PROCEEDS: $1,040,000 EXPENSE OF SALE: $5,125 COST BASIS: $83,630 GAIN: $951,245 EXEMPT FUNCTION USE OF PROPERTY SOLD: SITE OF CLUBHOUSE, ACCESS TO CLUB'S 37 BOAT SLIPS, PARKING FOR MEMBERS USING THE DOCKS AND CLUBHOUSE REPLACEMENT PERIOD: 12/10/2023 - 12/10/2027 REPLACEMENT PROPERTY: MARINA FEATURING 32 NEW SLIPS WITH WEAR DECKING, NEW ELECTRICAL PANELS, AND PILINGS EXEMPT FUNCTION USE OF REPLACEMENT PROPERTY: SERVES AS A HUB FOR MEMBER YACHTING ACTIVITIES. COST OF REPLACEMENT PROPERTY: $354,594 DATE CONSTRUCTION COMMENCED: 12/10/2023 DATE CONSTRUCTION COMPLETED: 11/15/2025 ***THE TDRS SOLD WERE ASSIGNED TO THE CLUB'S LAND BY THE LOCAL GOVERNMENTAL AUTHORITY. PURSUANT TO FLORIDA LAW, TDRS IN FLORIDA ARE CONSIDERED AN INTEREST THAT PERTAINS TO REAL ESTATE AND THEREFORE THE SALE OF TDRS REPRESENTS A SALE OF REAL PROPERTY. ALL THE REAL PROPERTY OWNED BY THE CLUB, INCLUDING THE PROPERTY TO WHICH THE TDRS WERE ATTACHED, IS AND HAS BEEN DIRECTLY, CONTINUOUSLY, REGULARLY AND PHYSICALLY USED FOR THE CLUB'S EXEMPT PURPOSES.

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