Totals
- Total revenue
- $683,436
- Total expenses
- $686,024
- Contributions and grants received
- $426,671
- Grants paid
- $0
- Program service revenue
- $139,061
- Investment income
- $1,799
- Other revenue
- $115,905
- Total assets, end of year
- $1,021,222
- Total liabilities, end of year
- $362,771
- Net assets or fund balances, end of year
- $658,451
- Program services expenses (Part IX)
- $674,066
- Management and general expenses
- $11,958
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 98.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$391,229
-
1c · Fundraising events
$13,993
-
1e · Government grants (contributions)
$15,500
-
1f · All other contributions, gifts and grants
$5,949
-
2a · Program service revenue: SAILING EDUCATION PROGRAM
total $74,836 · related or exempt $74,836
-
2b · Program service revenue: MARINA RELATED
total $64,225 · related or exempt $64,225
-
3 · Investment income
total $1,799 · related or exempt $1,799
-
8a · Fundraising events: contributions included on line 1c
$13,993
-
8b · Fundraising events: direct expenses
$12,506
-
8c · Net income from fundraising events
total -$12,506 · excluded -$12,506
-
10a · Gross sales of inventory
$407,731
-
10b · Cost of goods sold
$279,604
-
10c · Net income from sales of inventory
total $128,127 · related or exempt $128,127
-
11a · Other revenue: MISCELLANEOUS
total $284 · related or exempt $284
-
11e · Other revenue, total
$284
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $53,286 · program services $53,286
-
7 · Other salaries and wages
total $307,701 · program services $307,701
-
9 · Other employee benefits
total $11,721 · program services $11,721
-
10 · Payroll taxes
total $49,369 · program services $49,369
-
11c · Fees: accounting
total $9,929 · program services $9,929
-
12 · Advertising and promotion
total $778 · program services $778
-
13 · Office expenses
total $11,958 · management and general $11,958
-
14 · Information technology
total $2,052 · program services $2,052
-
16 · Occupancy
total $74,889 · program services $74,889
-
22 · Depreciation, depletion and amortization
total $22,961 · program services $22,961
-
23 · Insurance
total $49,078 · program services $49,078
-
24a · Other expenses: REPAIRS AND MAINTENANCE
total $56,056 · program services $56,056
-
24b · Other expenses: CREDIT CARD FEES
total $25,230 · program services $25,230
-
24c · Other expenses: ALL OTHER EXPENSES
total $6,468 · program services $6,468
-
24d · Other expenses: RECRUITING
total $3,188 · program services $3,188
-
24e · All other expenses
total $1,360 · program services $1,360
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1 · end of year $191,217
-
2 · Savings and temporary cash investments
beginning of year $681,659 · end of year $486,473
-
4 · Accounts receivable
beginning of year $35,769 · end of year $121,392
-
8 · Inventories for sale or use
beginning of year $2,000 · end of year $2,000
-
9 · Prepaid expenses and deferred charges
end of year $14,794
-
10a · Land, buildings and equipment: cost or other basis
$1,238,777
-
10b · Land, buildings and equipment: accumulated depreciation
$1,035,284
-
10c · Land, buildings and equipment, net
beginning of year $177,843 · end of year $203,493
-
15 · Other assets
beginning of year $4,353 · end of year $1,853
-
17 · Accounts payable and accrued expenses
end of year $14,247
-
19 · Deferred revenue
end of year $339,296
-
25 · Other liabilities
beginning of year $495,753 · end of year $9,228
-
27 · Net assets without donor restrictions
beginning of year $405,872 · end of year $308,395
-
28 · Net assets with donor restrictions
end of year $350,056
Mission and programs · 2022
Mission
PROMOTING INTEREST AND ACTIVITY IN THE OWNERSHIP, RACING AND CRUISING OF YACHTS AND SMALL BOATS; PROVIDING A MEETING PLACE FOR MEMBERS; AUGMENTING THE RECREATIONAL FACILITIES AND VISITOR ATTRACTIONS OF THE ISLAND OF ST. CROIX.
-
SEE SCHEDULE O.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian BoschenBRIAN BOSCHEN
REAR-COMMODO
- Total calculated
- $0
- Hours/week
- 10
-
Cecile CastruccioCECILE CASTRUCCIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Karl GruberKARL GRUBER
COMMODORE
- Total calculated
- $0
- Hours/week
- 20
-
Nancy HassonNANCY HASSON
VICE-COMMODO
- Total calculated
- $0
- Hours/week
- 15
-
Beecher HigbyBEECHER HIGBY
FLEET CAPTAI
- Total calculated
- $0
- Hours/week
- 5
-
Stan JoinesSTAN JOINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike LeoMIKE LEO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Judy LeonardisJUDY LEONARDIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
John MorraJOHN MORRA
TREASURER
- Total calculated
- $0
- Hours/week
- 15
-
David NagelDAVID NAGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve SargentSTEVE SARGENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Karen StantonKAREN STANTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313119349300406
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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