Totals
- Total revenue
- $6,206,848
- Total expenses
- $5,883,439
- Contributions and grants received
- $759,388
- Grants paid
- $160,725
- Program service revenue
- $5,613,435
- Investment income
- $14,536
- Other revenue
- -$180,511
- Total assets, end of year
- $9,773,189
- Total liabilities, end of year
- $2,468,401
- Net assets or fund balances, end of year
- $7,304,788
- Program services expenses (Part IX)
- $5,883,439
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$759,388
-
2a · Program service revenue: MEMBER DUES
total $3,642,489 · related or exempt $3,642,489
-
2b · Program service revenue: SAILING SCHOOL
total $1,284,273 · related or exempt $832,105 · unrelated business $452,168
-
2c · Program service revenue: INTIATION FEES
total $431,160 · related or exempt $431,160
-
2d · Program service revenue: DOCK REVENUE
total $92,936 · related or exempt $79,242 · unrelated business $13,694
-
2e · Program service revenue: YACHTING & OTHER COMMITTEES
total $83,285 · related or exempt $83,285
-
2f · All other program service revenue
total $79,292 · related or exempt $60,695 · unrelated business $18,597
-
3 · Investment income
total $1,258 · unrelated business $1,258
-
7a · Gross sales of assets other than inventory
other assets $26,688
-
7b · Less cost or other basis and sales expenses
other assets $13,410
-
7c · Gain or loss
other assets $13,278
-
7d · Net gain or loss
total $13,278 · related or exempt $13,278
-
10a · Gross sales of inventory
$3,433,964
-
10b · Cost of goods sold
$4,134,442
-
10c · Net income from sales of inventory
total -$700,478 · related or exempt -$700,478
-
11a · Other revenue: PROPERTY MAINTENANCE
total $324,525 · related or exempt $324,525
-
11b · Other revenue: OTHER INCOME
total $195,442 · related or exempt $195,442
-
11e · Other revenue, total
$519,967
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $160,725 · program services $160,725
-
5 · Compensation of officers, directors and key employees
total $194,655 · program services $194,655
-
7 · Other salaries and wages
total $1,984,522 · program services $1,984,522
-
8 · Pension plan contributions
total $45,108 · program services $45,108
-
9 · Other employee benefits
total $361,914 · program services $361,914
-
10 · Payroll taxes
total $209,531 · program services $209,531
-
11b · Fees: legal
total $20,401 · program services $20,401
-
11g · Fees: other
total $27,776 · program services $27,776
-
13 · Office expenses
total $322,203 · program services $322,203
-
14 · Information technology
total $65,251 · program services $65,251
-
16 · Occupancy
total $231,915 · program services $231,915
-
20 · Interest
total $5,775 · program services $5,775
-
22 · Depreciation, depletion and amortization
total $645,388 · program services $645,388
-
23 · Insurance
total $189,161 · program services $189,161
-
24a · Other expenses: MAINTENANCE AND REPAIRS
total $290,997 · program services $290,997
-
24b · Other expenses: TAXES
total $135,190 · program services $135,190
-
24c · Other expenses: FOOD & BEVERAGE
total $107,760 · program services $107,760
-
24d · Other expenses: TRAVEL
total $103,375 · program services $103,375
-
24e · All other expenses
total $781,792 · program services $781,792
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,272,655 · end of year $1,384,229
-
4 · Accounts receivable
beginning of year $463,901 · end of year $789,008
-
7 · Other notes and loans receivable
beginning of year $134,705 · end of year $189,641
-
8 · Inventories for sale or use
beginning of year $139,182 · end of year $136,072
-
9 · Prepaid expenses and deferred charges
beginning of year $71,873 · end of year $123,491
-
10a · Land, buildings and equipment: cost or other basis
$22,209,705
-
10b · Land, buildings and equipment: accumulated depreciation
$16,201,921
-
10c · Land, buildings and equipment, net
beginning of year $3,903,088 · end of year $6,007,784
-
15 · Other assets
beginning of year $14,837 · end of year $1,142,964
-
17 · Accounts payable and accrued expenses
beginning of year $841,222 · end of year $1,070,493
-
19 · Deferred revenue
beginning of year $27,640 · end of year $17,040
-
23 · Secured mortgages and notes payable
beginning of year $150,000 · end of year $1,380,868
-
27 · Net assets without donor restrictions
beginning of year $6,607,754 · end of year $6,334,625
-
28 · Net assets with donor restrictions
beginning of year $373,625 · end of year $970,163
Mission and programs · 2022
Mission
CHICAGO YACHT CLUB'S MISSION IS TO ENCOURAGE AND PROMOTE THE COMINGLING OF MEMBERS THROUGH YACHTING BY PROVIDING RECREATION ACTIVITIES, CLASSES AND REGATTAS FOR MEMBERS AND THEIR GUESTS.
Activities or mission (Part I)
TO ENCOURAGE AND PROMOTE YACHTING IN CHICAGO, IL.
-
THE CLUB PROVIDES FOOD, BEVERAGE AND DOCKING FACILITIES FOR MEMBERS AND THEIR GUESTS. THE CLUB ALSO CONDUCTS A SAILING SCHOOL TO PROMOTE THE SAFETY AND ENJOYMENT OF SAILING. IN ADDITION, THE CLUB HOSTS AND CONDUCTS YACHTING REGATTAS FOR THE RECREATION AND PLEASURE OF MEMBERS, GUESTS, AND OTHER COMPETITORS.
As filed on the 2022 return.
Listed in Part VII
-
Lisa CurcioLISA CURCIO
COMMODORE
- Total calculated
- $0
- Hours/week
- 10
-
Charles AndersonCHARLES ANDERSON
VICE COMMODORE
- Total calculated
- $0
- Hours/week
- 10
-
Laura SigmondLAURA SIGMOND
REAR COMMODORE
- Total calculated
- $0
- Hours/week
- 10
-
Robert O'BrienROBERT O'BRIEN
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Nancy SnyderNANCY SNYDER
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Nick BerberianNICK BERBERIAN
PAST COMMODORE
- Total calculated
- $0
- Hours/week
- 10
-
Betsy BarrettBETSY BARRETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Steve DorfmanSTEVE DORFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Steve KnoopSTEVE KNOOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
John LeaheyJOHN LEAHEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Eric OesterleERIC OESTERLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
David RadomskiDAVID RADOMSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Winn SoldaniWINN SOLDANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Whitney ToweyWHITNEY TOWEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Sam VeilleuxSAM VEILLEUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Jim WilliamsonJIM WILLIAMSON
GENERAL MANAGER
- Total calculated
- $194,665
- From this org
- $194,665
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $194,665
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $194,665
-
Lawrence AsherLAWRENCE ASHER
EXECUTIVE CHEF
- Total calculated
- $127,407
- From this org
- $127,407
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Dennis DieballDENNIS DIEBALL
ON THE WATER DIRECTOR
- Total calculated
- $110,917
- From this org
- $110,917
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Keith BrennanKEITH BRENNAN
CONTROLLER
- Total calculated
- $100,589
- From this org
- $100,589
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
SOS CHILDREN'S VILLAGES ILLINOIS
$45,419
TO PROVIDE MONETARY SUPPORT TO ORGANIZATION
-
$41,738
TO PROVIDE MONETARY SUPPORT TO ORGANIZATION
-
TO PROVIDE MONETARY SUPPORT TO ORGANIZATION
-
TO PROVIDE MONETARY SUPPORT TO ORGANIZATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · TO PROVIDE EDUCATIONAL OPPORTUNITIES AND BROADEN HORIZONS FOR YOUTH. · IL
-
CHICAGO YACHT CLUB REGATTA ASSOCIATION INC
501(C)(4) · TO PROMOTE AMATEUR SAILING COMPETITION AND SOCIAL WELFARE FOR THE COMMUNITY. · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342829349300229
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