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) SHARON HARPER......................................................................
REAR COMMODORE

6.00
.................

(2) DAIVD TESORERO......................................................................
COMMODORE

6.00
.................

(3) BRIAN STONE......................................................................
DIRECTOR

6.00
.................

(4) RICH BROWER......................................................................
DIRECTOR

6.00
.................

(5) PATRICK SMITHBAUER......................................................................
DIRECTOR

6.00
.................

(6) LARRY STRASSER......................................................................
DIRECTOR

6.00
.................

(7) RANDY RANKIN......................................................................
DIRECTOR

6.00
.................

(8) THOMAS MACDONALD......................................................................
CHAIRMAN OF THE BOARD

6.00
.................

(9) JOHN DALESSANDRO......................................................................
DIRECTOR

6.00
.................

(10) BRIAN MEAKIN......................................................................
DIRECTOR

6.00
.................

(11) SHANNON PRICE......................................................................
VICE COMMODORE

6.00
.................

(12) HEATH BOGART......................................................................
SECRETARY

6.00
.................

(13) GERRY GATT......................................................................
TREASURER

6.00
.................

(14) KEVIN WILSON......................................................................
CONTROLLER

6.00
.................

(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

FORD YACHT CLUB INC

Employer identification number

38-1686906

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 7A	SEE ATTACHED
FORM 990, PART VI, SECTION A, LINE 7B	SEE ATTACHED
FORM 990, PART VI, SECTION B, LINE 11B	SEE ATTACHED
FORM 990, PART VI, SECTION C, LINE 18	SEE ATTACHED FOOTNOTES
FORM 990, PART VI, SECTION C, LINE 19	SEE ATTACHED
FORM 990, PART IX, LINE 24E	SUPPLIES: PROGRAM SERVICE EXPENSES 30,885. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,885. WEB, INTERNET & CABLE: PROGRAM SERVICE EXPENSES 16,317. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,317. TRASH REMOVAL: PROGRAM SERVICE EXPENSES 10,262. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,262. BANK FEES: PROGRAM SERVICE EXPENSES 8,841. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,841. CLUBHOUSE SUPPLIES: PROGRAM SERVICE EXPENSES 8,517. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,517. COMMODORE UNIFORMS: PROGRAM SERVICE EXPENSES 8,251. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,251. LICENSES & FEES: PROGRAM SERVICE EXPENSES 7,337. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,337. BAD DEBT: PROGRAM SERVICE EXPENSES 4,511. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,511. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 4,101. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,101. PHONE SERVICE: PROGRAM SERVICE EXPENSES 3,554. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,554. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 2,266. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,266. LEASED EQUIPMENT: PROGRAM SERVICE EXPENSES 1,290. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,290. DUES: PROGRAM SERVICE EXPENSES 1,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,260. DONATION: PROGRAM SERVICE EXPENSES 961. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 961. LIFE JACKET PROGRAM: PROGRAM SERVICE EXPENSES 424. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 424.
SCHEDULE O-PT VI, LINE 1A, 5, 7A, 7B, 11B	SUPPLEMENTAL INFORMATION-SCHEDULE O PT VI, LINE 1A THE GOVERNING BODY IS THE BOARD OF DIRECTORS ELECTED BY THE GENERAL MEMBERSHIP OF THE CLUB. PT VI, LINE 6 THE ORGANIZTION HAS NO STOCKHOLDERS, ONLY MEMBERS. PT VI, LINE 7A EQUITY AND GENERAL MEMBERS VOTE FOR THE BOARD WHILE ALL THREE CLASSES OF MEMBERSHIP VOTE FOR THE COMMODORES. THE COMMODORES AND THE BOARD ARE THE GOVERNING BODY. PT VI, LINE 7B PROPOSED CAPITAL EXPENDITURES GREATER THAN $25,000 IN A CALENDAR YEAR MUST BE APPROVED BY THE EQUITY MEMBERSHIP. SINGLE PROPOSED EXPENDITURES GREATER THAN $12,000 MUST BE APPROVED IN ADVANCE BY THE EQUITY MEMBERSHIP.PT VI, LINE 11B FORM 990 IS PREPARED BY THE AN OUTSIDE CPA AND SIGNED BY THE CHAIRMAN OF THE BOARD. COPIES OF FORM 990 IS PROVIDED TO THE OFFICE FOR RETENTION. COPIES ARE NOT DISTRIBUTED BUT RATHER AVAILABLE FOR VIEWING ON THE CLUB PROPERTY UPON REQUEST.

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: DEVELOP, MANAGE A PRIVATE YACHT HARBOUR, BOAT SERVICES & ACQUIRES AND MAINTAINS PROPERTY REQUIRED FOR THE USE OF FACILITIES. PROVIDE A PROGRAM OF SOCIAL AND EDUCATIONAL ACTIVITIES ON A CO-OPERATIVE BASIS AT THE LOWEST LEVEL POSSIBLE COST
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	10
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	38
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	376,562
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	619,256	1,789,832
9	Program service revenue (Part VIII, line 2g) .........	480,828	376,562
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	0	0
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	-71,325	-221,615
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,028,759	1,944,779
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)	153,227	173,904
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)....	761,635	838,511
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	914,862	1,012,415
19	Revenue less expenses. Subtract line 18 from line 12.......	113,897	932,364
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	7,274,059	7,432,764
21	Total liabilities (Part X, line 26).............	1,819,790	1,046,131
22	Net assets or fund balances. Subtract line 21 from line 20.....	5,454,269	6,386,633

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	PROVIDE FULL SERVICE MARINA FOR MEMBERS ONLY AFFILIATED YACHT CLUBS

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 expenses

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	1,567,717
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	222,115

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

h Total. Add lines 1a-1f.......		1,789,832

		Business Code
2a
b
c
d
e
f	All other program service revenue.		376,562	376,562
g	Total. Add lines 2a–2f .....		376,562

3 Investment income (including dividends, interest, and othersimilar amounts) ......
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
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	527,640
b	Less: cost of goods sold ..		10b	749,255
c	Net income or (loss) from sales of inventory..			-221,615	-221,615

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			1,944,779	-221,615	376,562	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........	158,611	158,611
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	1,251	1,251
10	Payroll taxes ...........	14,042	14,042
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
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 .......	78,124	78,124
14	Information technology ......	49,087	49,087
15	Royalties ..
16	Occupancy ...........	49,842	49,842
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........	51,817	51,817
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..
23	Insurance ...	41,251	41,251
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	FRATERNAL & CLUB	198,132	101,185	96,947	0
b	CONTRACTED SERVICES	121,920	118,967	2,953	0
c	UTILITIES-DOCKS/OTHER	70,048	68,763	1,285	0
d	REAL/PERS PROPERTY TAX	69,513	69,513		0
e	All other expenses	108,777	108,777
25	Total functional expenses. Add lines 1 through 24e	1,012,415	911,230	101,185	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 ........			443,488	1	424,393
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			194,200	4	264,856
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 ............			42,840	8	41,430
9	Prepaid expenses and deferred charges ......			20,212	9	33,180
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	6,668,905
b	Less: accumulated depreciation	10b	0	6,573,319	10c	6,668,905
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)...			7,274,059	16	7,432,764

17	Accounts payable and accrued expenses .....	16,939	17	15,316
18	Grants payable ...		18
19	Deferred revenue .........	2,040	19	2,040
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 ..	1,057,779	23	1,014,275
24	Unsecured notes and loans payable to unrelated third parties ..	14,500	24	14,500
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	728,532	25	0
26	Total liabilities. Add lines 17 through 25..	1,819,790	26	1,046,131

	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	5,454,269	31	6,386,633
32	Total net assets or fund balances ...........	5,454,269	32	6,386,633
33	Total liabilities and net assets/fund balances ........	7,274,059	33	7,432,764

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 .....	395,575	395,575
b	Buildings ....	1,410,556	1,410,556
c	Leasehold improvements
d	Equipment ....	388,040	388,040
e	Other .....	4,474,734	4,474,734
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..			6,668,905

(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