TY 2024 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) JOSEPH RINALDI......................................................................
PRESIDENT/COMMODORE

10.00
.................

(2) RICK KNIGHT......................................................................
TREASURER

10.00
.................

(3) JOE RINALDI......................................................................
VP/VICE COMMODORE

10.00
.................

(4) JOHN WHEELER......................................................................
DIRECTOR/REAR COMMODORE

10.00
.................

(5) DENISE WITHERELL......................................................................
ASSISTANT CLERK

10.00
.................

(6) TED JOHNSON......................................................................
DIRECTOR

10.00
.................

(7) PETE CLARK......................................................................
DIRECTOR

10.00
.................

(8) PATRICIA FITZGERALD......................................................................
CLERK

10.00
.................

(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

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)
(Rev. January 2025)
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 instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

ORLEANS YACHT CLUBINC

Employer identification number

04-2102842

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	ELECTIONS OF OFFICERS & DIRECTORS ARE HELD ANNUALLY AND VOTED ON AT THE AUGUST ANNUAL MEETING BY THE ENTIRE MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7B	CONTRACTS WHERE THE ESTIMATED COST IS OVER $6,000 SHALL NOT BE MADE UNTIL CONFIRMED BY VOTE OF THE CLUB (FULL MEMBERSHIP) AT A REGULAR OR SPECIAL MEETING.
FORM 990, PART VI, SECTION A, LINE 8B	THE EXECUTIVE COMMITTEE HAS FULL CHARGE OF THE MANAGEMENT AND PROPERTY OF THE CLUB.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS PROVIDED TO THE ORGANIZATIONS TREASURER FOR REVIEW BEFORE FILING.
FORM 990, PART VI, SECTION C, LINE 18	MINUTES OF EXECUTIVE COMMITTEE MEETINGS AND ANNUAL MEETINGS ARE AVAILABLE ON REQUEST AS ARE THE TAX RETURNS FILED.MONTHLY NEWSLETTERS ARE AVAILABLE TO ALL MEMBERS.COPIES OF THE BYLAWS ARE GIVEN TO EACH MEMBER AND ARE UPDATED AS NEEDED ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19	MINUTES OF EXECUTIVE COMMITTEE MEETINGS AND ANNUAL MEETINGS ARE AVAILABLE ON REQUEST AS ARE THE TAX RETURNS FILED.MONTHLY NEWSLETTERS ARE AVAILABLE TO ALL MEMBERS.COPIES OF THE BYLAWS ARE GIVEN TO EACH MEMBER AND ARE UPDATED AS NEEDED ANNUALLY.
FORM 990, PART IX, LINE 24E	FISHING TOUR/TROPHIES/RACE COMMITTE: PROGRAM SERVICE EXPENSES 10,529. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,529. CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 9,821. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,821. RENTAL EXPENSES: PROGRAM SERVICE EXPENSES 9,449. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,449. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 6,834. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,834. USE TAX: PROGRAM SERVICE EXPENSES 5,493. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,493. REAL ESTATE TAX: PROGRAM SERVICE EXPENSES 5,225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,225. VEHICLE/BOAT EXCISE: PROGRAM SERVICE EXPENSES 2,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,175. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 2,091. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,091. CLUB ROSTER EXPENSES: PROGRAM SERVICE EXPENSES 1,452. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,452. BANK FEES: PROGRAM SERVICE EXPENSES 108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 108.

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

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: SOCIAL & EDUCATIONAL
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	7
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 2024 (Part V, line 2a) ......	5	12
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	20,949
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	19,949

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	374,521	393,134
9	Program service revenue (Part VIII, line 2g) .........	144,294	153,404
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	16,936	20,949
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	24,207	51,496
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	559,958	618,983
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	817	1,019
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)	171,814	150,318
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)....	311,466	324,494
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	484,097	475,831
19	Revenue less expenses. Subtract line 18 from line 12.......	75,861	143,152
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,242,134	1,353,077
21	Total liabilities (Part X, line 26).............	298,597	266,388
22	Net assets or fund balances. Subtract line 21 from line 20.....	943,537	1,086,689

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 351,368 including grants of $ 1,019 ) (Revenue $ 183,593 )
	MAINTAIN BUILDINGS,BOATS AND EQUIPMENT IN ORDER TO PROVIDE MEMBERS WITH A FACILITY FOR YACHTING,AQUATIC SPORTS AND SOCIAL ACTIVITIES.

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 expenses351,368

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	393,134
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.......		393,134

		Business Code
2a	SAILING PROGRAMS	711210	109,355	109,355
b	SOCIAL EVENTS	900099	44,049	44,049
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		153,404

3 Investment income (including dividends, interest, and othersimilar amounts) ......			20,949		20,949
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a	30,189
b	Less: rental expenses	6b	0
c	Rental income or (loss)	6c	30,189
d	Net rental income or (loss).......			30,189	30,189
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........
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	124,214
b	Less: cost of goods sold ..		10b	102,907
c	Net income or (loss) from sales of inventory..			21,307			21,307

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			618,983	183,593	20,949	21,307

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	1,019	1,019
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........	134,966	76,415	58,551
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........	15,352	15,352
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	4,098		4,098
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 ....
13	Office expenses .......	10,058		10,058
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	19,878	19,878
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	41,429	41,429
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	52,169	52,169
23	Insurance ...	51,756		51,756
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	990 -T EXPENSE	3,773	3,773
b	EQUIPMENT RENTAL AND MA	44,962	44,962
c	BUILDING REPAIRS & MTCE	22,603	22,603
d	UTILITIES	20,591	20,591
e	All other expenses	53,177	53,177
25	Total functional expenses. Add lines 1 through 24e	475,831	351,368	124,463	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 ........			91,799	1	52,768
2	Savings and temporary cash investments .........			505,247	2	634,495
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 ............			14,527	8	13,133
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,643,006
b	Less: accumulated depreciation	10b	990,325	630,561	10c	652,681
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			1,242,134	16	1,353,077

17	Accounts payable and accrued expenses .....	5,082	17
18	Grants payable ...		18
19	Deferred revenue .........	293,515	19	266,388
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		25
26	Total liabilities. Add lines 17 through 25..	298,597	26	266,388

	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 .....	0	29	0
30	Paid-in or capital surplus, or land, building or equipment fund ...	0	30	0
31	Retained earnings, endowment, accumulated income, or other funds	943,537	31	1,086,689
32	Total net assets or fund balances ...........	943,537	32	1,086,689
33	Total liabilities and net assets/fund balances ........	1,242,134	33	1,353,077

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 .....	580		580
b	Buildings ....	193,518	127,837	65,681
c	Leasehold improvements
d	Equipment ....
e	Other .....	1,448,908	862,488	586,420
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				652,681

(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.)

(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)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
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