TIN:
SCHEDULE O
(Form 990)
Department of the Treasury
Internal Revenue Service
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Inspection
Name of the organization
CHICAGO YACHT CLUB
Employer identification number
36-0911690
36-0911690
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE CLUB 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 | REGULAR, VETERAN I, VETERAN II AND VETERAN III ALL HAVE VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL BYLAW AMENDMENTS REQUIRE THE APPROVAL OF REGULAR AND VETERAN MEMBERS ELIGIBLE TO VOTE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE CONTROLLER, GENERAL MANAGER, AND TREASURER. THESE INDIVIDUALS REVIEW FORM 990 WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBER TRANSACTIONS IN EXCESS OF $10,000 REQUIRE BOARD APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMMODORE OVERSEES THE COMPENSATION COMMITTEE, WHICH ALSO INCLUDES THE TREASURER AND IMMEDIATE PAST COMMODORE. THE SALARY BUDGET WAS DETERMINED AND THE COMPENSATION COMMITTEE DECIDED HOW THE INCREASES WOULD BE DISTRIBUTED AMONG MANAGEMENT. THE INCREASES ARE SIGNED OFF BY THE COMMODORE AND THE GENERAL MANAGER. |
| 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 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICTS OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. |
| FORM 990, PART IX, LINE 24E | DOCK OTHER EXPENSES: PROGRAM SERVICE EXPENSES 74,542. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,542. FOOD & BEVERAGE: PROGRAM SERVICE EXPENSES 67,675. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,675. MEMBER/MARKETING: PROGRAM SERVICE EXPENSES 57,856. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,856. ENTERTAINMENT: PROGRAM SERVICE EXPENSES 57,086. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,086. SUPPLIES: PROGRAM SERVICE EXPENSES 47,546. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,546. TRAVEL: PROGRAM SERVICE EXPENSES 47,445. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,445. CLUBHOUSE: PROGRAM SERVICE EXPENSES 45,106. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,106. RETAIL EXPENSES: PROGRAM SERVICE EXPENSES 41,813. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,813. SAILING/RACING EXPENSES: PROGRAM SERVICE EXPENSES 40,158. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,158. BOD: PROGRAM SERVICE EXPENSES 33,296. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,296. TROPHIES/AWARDS: PROGRAM SERVICE EXPENSES 15,822. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,822. STORAGE COSTS: PROGRAM SERVICE EXPENSES 14,924. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,924. BEDDING, LINEN, AND UNIFORMS: PROGRAM SERVICE EXPENSES 14,632. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,632. TRAINING: PROGRAM SERVICE EXPENSES 9,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,340. PARKING: PROGRAM SERVICE EXPENSES 7,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,800. TRADE SHOW EXPENSES: PROGRAM SERVICE EXPENSES 3,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,650. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 3,136. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,136. PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 3,037. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,037. |
| FORM 990, PART XI, LINE 9: | MEMBER RESTRICTED CONTRIBUTIONS 302,785. |
| FORM 990, PART XII, LINE 2C | NO CHANGE FROM PRIOR YEAR |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021
Additional Data
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