Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE RETURN IS REVIEWED BY THE TREASURER AND WILL BE REPORTED UPON TO THE ENTIRE BOARD AT THE MAY MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | MANAGEMENT,ONLY RECEIVES SALARIED COMPENSATION. EACH MEMBER OF THE MANAGEMENT TEAM RECEIVES AN ANNUAL REVIEW IN JANUARY WHICH IS COMPRISED OF THE FLAG OFFICERS, TREASURER AND HOUSE CHAIR, A WRITTEN EVALUATION IS DISCUSSED, GOALS FOR THE PREVIOUS YEAR ARE REVIEWED AND GOALS FOR THE UPCOMING YEAR ARE SET. ANNUAL COMPENSATION AND PERFORMANCE BONUS IS SET AT THIS TIME AS WELL. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE MINUTES OF ALL BOARD OF GOVERNOR'S MEETINGS ARE KEPT IN A BOOK ACCESSIBLE TO ALL MEMBERS OF THE CLUB. FINANCIAL DATA FOR EACH MONTH IS AVAILABLE TO ALL MEMBERS. TWICE A YEAR THERE IS A MEETING HELD WITH GENERAL MEMBERSHIP TO REVIEW THE PREVIOUS YEAR'S FINANCIAL STATEMENTS (SPRING MEETING) AND NINE MONTH CURRENT YEAR RESULTS (FALL MEETING). |
| FORM 990, PART IX, LINE 24E | EQUIP/GROUND MAINTENANCE 38,391. UTILITIES 35,581. BOAT R/M 26,797. MISCELLANEOUS 19,195. JUNIOR ACTIVITIES 17,451. SAILOR TRAINGING PRG 13,132. STORAGE FEE 12,632. GENERAL OPERATING EXPENSE 12,418. BANK/FINANCE CHARGES 12,082. WASTE REMOVAL 9,817. RACE COMMITTEE 9,453. LAUNCH EXPENSE 9,230. FUEL MAINTENANCE 7,963. SECURITY 6,925. POSTAGE & SHIPPING 6,695. UNIFORM EXPENSE 6,690. TRUCK EXPENSE 6,364. TROPHY EXPENSE 5,119. MOORING FEE EXPENSE 5,062. MARINA EXPENSE 5,037. TELEPHONE 4,495. LICENSE/PERMITS 4,365. SEMINAR/TRAINING 3,678. CLEANING/MAINTENENCE EXPENSE 3,570. ELECTRICAL/PLUMBING 2,732. LOG EXPENSE 2,665. INSTRUCTOR RECERTIFICATION 2,660. POOL EXPENSE 2,607. CABLE TV 2,255. MEMBERSHIP EXP 2,197. TOOLS/HARDWARE 1,943. PRINTING & PUBLICATIONS 424. CRUISE EXPENSE 178. |
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