TY 2023 Form 990

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) JEFF DIJULIO......................................................................
TRUSTEE-EVENTS

1.00
.................

(2) GAURAV OBEROI......................................................................
TRUSTEE-TECHNOLOGY

0.50
.................

(3) AMANDA MCALLISTER......................................................................
TRUSTEE/OFFICER-TREASURER

4.00
.................

(4) KATIE WATTS......................................................................
TRUSTEE/OFFICER-PRESIDENT

0.50
.................

(5) MIKE BOYCHUK......................................................................
TRUSTEE/SAFTEY

0.50
.................

(6) BLAKE ANDERSON......................................................................
TRUSTEE-FACILITIES/GROUNDS

3.00
.................

(7) GRAHAM THOMPSON......................................................................
TRUSTEE/FACILITIES & SECUR

2.00
.................

(8) TRACY PESCHON......................................................................
TRUSTEE/ SAILING

2.00
.................

(9) LAUREN NOLAN......................................................................
TRUSTEE ?OFFICER-SECRETARY

2.00
.................

(10) GABRIEL ROSENTHAL......................................................................
TRUSTEE?LEGAL/INSURANCE

2.00
.................

(A)
Name and title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)

(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(3) Other (A) API FDS YORKTOWN MULTI BOND	52,253	F
(B) COLUMBIA FUNDS	41,990	F
(C) FEDERATED HERMMES	62,107	F
(D) FIRAST TRUST GLOBAL	17,999	F
(E) ISHARES CORE MSCI EMERGING MKTS	26,960	F
(F) ISHARES CORE MSCI ETF	89,346	F
(G) ISHARES CORE S&P	29,951	F
(H) ISHARES S&P 500 VALUE ETF	167,084	F
(I) LOOMIS SAYLES STATEGIC INCOME FUND	60,616	F
(J) PIMCO SHORT TERM FD INSTL	90,103	F
(K) PIONEER BOND FUND	96,623	F
(L) TRANSAMERICA FUNDS	26,066	F
(M) VANGUARD GROWTH ETF	109,807	F
(N) VANGUARD MID CAP ETF	90,632	F
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	961,537

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(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

2023

Open to Public
Inspection

Name of the organization

LAURELHURST BEACH CLUB INC

Employer identification number

91-0532068

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE TREASURER MAKES FORM 990 AVAILABLE TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 11B	THE PRESIDENT AND TREASURER REVIEW FORM 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION C, LINE 18	THE ORGANIZATION, UPON REQUEST, WILL PROVIDE COPIES OF FORMS 1023, 990 AND 990-T.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 24E	SUPPLIES: PROGRAM SERVICE EXPENSES 15,702. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,702. FIXED ASSET WRITE-OFFS: PROGRAM SERVICE EXPENSES 14,984. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,984. SAILING SUPPLIES: PROGRAM SERVICE EXPENSES 11,455. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,455. GARBAGE: PROGRAM SERVICE EXPENSES 10,823. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,823. WATER: PROGRAM SERVICE EXPENSES 8,699. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,699. INVESTMENT ADVISORY FEES: PROGRAM SERVICE EXPENSES 7,839. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,839. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 5,688. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,688. LANDSCAPE MAINTENANCE: PROGRAM SERVICE EXPENSES 4,535. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,535. PAYROLL EXPENSES: PROGRAM SERVICE EXPENSES 3,432. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,432. BUSINESS TAXES: PROGRAM SERVICE EXPENSES 2,837. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,837. DUES AND LICENSES: PROGRAM SERVICE EXPENSES 2,477. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,477. POSTAGE: PROGRAM SERVICE EXPENSES 1,794. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,794. ELECTRICITY: PROGRAM SERVICE EXPENSES 1,012. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,012. GAS: PROGRAM SERVICE EXPENSES 998. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 998. SECURITY: PROGRAM SERVICE EXPENSES 90. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: OPERATION OF COMMUNITY CLUB THAT PROVIDES ENJOYMENT, COMMUNITY AND RECREATIONAL BENEFITS TO MEMBERS
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	0
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	60
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	24,895
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	17,517

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	648,274	543,403
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	27,270	24,895
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	4,939	13,646
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	680,483	581,944
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	200,439	245,341
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	328,933	391,124
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	529,372	636,465
19	Revenue less expenses. Subtract line 18 from line 12.......	151,111	-54,521
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	2,064,708	2,000,409
21	Total liabilities (Part X, line 26).............	31,364	21,087
22	Net assets or fund balances. Subtract line 21 from line 20.....	2,033,344	1,979,322

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 636,465 including grants of $ ) (Revenue $ 557,049 )
	OPERATION OF COMMUNITY CLUB FOR ITS MEMBERS

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses636,465

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	0	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	REGULAR MEMBER DUES	812900	357,330	357,330
b	SAILING LESSONS	812900	48,420	48,420
c	GUEST PASSES	812900	31,137	31,137
d	INITIATION FEE	812900	23,300	23,300
e	SPECIAL EVENT REVENUE	812900	22,077	22,077
f	All other program service revenue.		61,139	61,139
g	Total. Add lines 2a–2f .....		543,403

3 Investment income (including dividends, interest, and othersimilar amounts) ......			28,020		28,020
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	52,382
b	Less: cost or other basis and sales expenses	7b	55,507
c	Gain or (loss)	7c	-3,125
d	Net gain or (loss).........			-3,125		-3,125
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	32,350
b	Less: cost of goods sold ..		10b	18,704
c	Net income or (loss) from sales of inventory..			13,646	13,646

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			581,944	557,049	24,895	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	221,610	221,610
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........	23,731	23,731
11	Fees for services (non-employees):
a	Management ......	30,000	30,000
b	Legal .........
c	Accounting ...........	4,692	4,692
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....	2,845	2,845
13	Office expenses .......	1,831	1,831
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	18,178	18,178
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	51,344	51,344
23	Insurance ...	93,567	93,567
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	INCOME TAX EXPENSE	1,870	1,870
b	REPAIRS & MAINTENANCE	36,674	36,674
c	PROPERTY TAXES	31,388	31,388
d	SPECIAL EVENTS	26,370	26,370
e	All other expenses	92,365	92,365
25	Total functional expenses. Add lines 1 through 24e	636,465	636,465	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			42,069	1	8,048
2	Savings and temporary cash investments .........			254,166	2	41,882
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			72,393	9	77,918
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,623,535
b	Less: accumulated depreciation	10b	712,711	820,504	10c	910,824
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....			875,376	12	961,537
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			200	15	200
16	Total assets. Add lines 1 through 15 (must equal line 33)...			2,064,708	16	2,000,409

17	Accounts payable and accrued expenses .....	31,407	17	21,037
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	-43	25	50
26	Total liabilities. Add lines 17 through 25..	31,364	26	21,087

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....	10,000	29	10,000
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	2,023,344	31	1,969,322
32	Total net assets or fund balances ...........	2,033,344	32	1,979,322
33	Total liabilities and net assets/fund balances ........	2,064,708	33	2,000,409

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....	50,000		50,000
b	Buildings ....	1,313,262	536,865	776,397
c	Leasehold improvements
d	Equipment ....	178,596	122,275	56,321
e	Other .....	81,677	53,571	28,106
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				910,824

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) API FDS YORKTOWN MULTI BOND	52,253	F
(B) COLUMBIA FUNDS	41,990	F
(C) FEDERATED HERMMES	62,107	F
(D) FIRAST TRUST GLOBAL	17,999	F
(E) ISHARES CORE MSCI EMERGING MKTS	26,960	F
(F) ISHARES CORE MSCI ETF	89,346	F
(G) ISHARES CORE S&P	29,951	F
(H) ISHARES S&P 500 VALUE ETF	167,084	F
(I) LOOMIS SAYLES STATEGIC INCOME FUND	60,616	F
(J) PIMCO SHORT TERM FD INSTL	90,103	F
(K) PIONEER BOND FUND	96,623	F
(L) TRANSAMERICA FUNDS	26,066	F
(M) VANGUARD GROWTH ETF	109,807	F
(N) VANGUARD MID CAP ETF	90,632	F
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	961,537

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
FLOAT DEPOSIT PAYABLE	50








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	50
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII