2024-09-19T10:47:10-05:00 2023-12-31 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR ROAD SUITE 302 MILWAUKEE WI 532263255 990 2023-01-01 416084924 SOUTH SHORE YACHT CLUB SOUT 4144812331 2300 E NOCK ST MILWAUKEE WI 53207 MARK HUMPHREY COMMODORE 4144812331 2024-09-04 1 1 BRIAN MECHENICH P00976753 4142717800 2024-09-04 2023 2024-08-08 14:25:15Z MARK HUMPHREY 2300 E NOCK ST MILWAUKEE WI 53207 2107554 0 X WWW.SSYC.ORG X 1913 WI TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN. 18 17 64 215 55151 5245 164292 5348 979150 1019105 3210 3220 183372 254669 1330024 1282342 0 0 0 0 552615 530808 0 0 0 927263 927453 1479878 1458261 -149854 -175919 3365162 3112731 1762513 1686001 1602649 1426730 TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN. 0 0 TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 15 0 1 64 1 1 1 0 0 0 1 1 48195 143518 0 0 0 X 18 17 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 1 0 X X TOM SCHLAGETER 4144812331 2300 E NOCK ST MILWAUKEE WI 53207 MARK HUMPHREY COMMODORE 5.00 X X 0 0 0 BECKY ARCHIBALD VICE COMMODORE 5.00 X X 0 0 0 TONY HETCHLER REAR COMMODORE 5.00 X X 0 0 0 PAUL BARGREN CORRESPONDING SECRETARY 5.00 X X 0 0 0 THOMAS KINGSTON TREASURER 5.00 X X 0 0 0 SALLY PARENTE FINANCIAL SECRETARY 5.00 X X 0 0 0 SCOTT LANGLOIS DIRECTOR 5.00 X 0 0 0 BRAD KYLE DIRECTOR 5.00 X 0 0 0 CHERYL KELLY DIRECTOR 5.00 X 0 0 0 JOE ARCARA DIRECTOR 5.00 X 0 0 0 AMELIA BIFANO DIRECTOR 5.00 X 0 0 0 DICK OLSON IMMEDIATE PAST COMMODORE 5.00 X 0 0 0 CHRIS MASON DIRECTOR 5.00 X 0 0 0 ANDREW VAN SICKLE DIRECTOR 5.00 X 0 0 0 JOHN SUTPHEN DIRECTOR 5.00 X 0 0 0 CHERI KENT DIRECTOR 5.00 X 0 0 0 PAUL BOERSMA DIRECTOR 5.00 X 0 0 0 SCOTT BURKE DIRECTOR 5.00 X 0 0 0 KATHERINE NEWTON GENERAL MANAGER 50.00 X 142325 0 12417 142325 0 12417 1 0 1 0 0 5348 5348 MEMBER DUES, INITIATIO 713990 540522 540522 DOCK OPERATIONS 713990 382465 382465 QUEENS CUP RACE 713990 40352 6414 33938 JUNIOR PROGRAM 713990 39272 39272 16494 16494 1019105 3220 3220 998269 825212 173057 158678 14379 UNSPENT MINIMUMS 900099 45237 45237 INSURANCE PROCEEDS 900099 18865 18865 MISCELLANEOUS INCOME 900099 13896 13896 3614 3614 81612 1282342 1221843 55151 0 155214 245046 3557 51052 75939 17000 14928 17153 59663 40547 152210 38270 5385 130051 87398 UNRELATED BUSINESS TAX 2160 REPAIRS AND MAINTENANCE 144528 SUPPLIES 63534 RACE EXPENSES 29552 125074 1458261 63835 89386 402888 242269 136677 124988 56317 59344 31630 16727 2791352 1375237 1504228 1416115 1169587 1163902 3365162 3112731 134417 95000 265492 279528 193017 147571 1169587 1163902 1762513 1686001 X 1602649 1426730 1602649 1426730 3365162 3112731 -175919 0 X X 0 1 X 1 0 8000 8000 1342109 575703 766406 1441243 799534 641709 1416115 ROU ASSET 1163902 1163902 LEASE LIABILITY 1163902 1163902 X 2107554 825212 825212 1282342 0 1282342 2283473 825212 825212 1458261 0 1458261 PART X, LINE 2: THE CLUB HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIREMENTS. MANAGEMENT OF THE CLUB EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CLUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME EXPENSE. THE CLUB HAS NO LIABILITY FOR UNCERTAIN TAX POSITIONS. X X 0 0 0 KATHERINE NEWTON GENERAL MANAGER 122325 0 20000 0 0 0 4005 0 8412 0 154742 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A PRIVATE ORGANIZATION WITH MEMBERS WHO ARE REQUIRED TO PAY ANNUAL DUES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED AT THE CLUB'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD SUBMITS ANY DECISIONS THAT WOULD MATERIALLY AFFECT THE CLUB TO THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B SELECT BOARD MEMBERS CONSISTING OF THE CLUB AUDIT COMMITTEE BASED ON INDUSTRY STANDARDS FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF PERFORMANCE AND PRE-DETERMINED GOALS FOR THE EMPLOYEE IS COMPLETED BY THE CLUB COMMODORE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON APPROVAL OF THE CLUB MANAGER OR BOARD OF DIRECTORS. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SOUTH SHORE YACHT CLUB JR SAILING FOUNDATION 2300 E NOCK STREET MILWAUKEE WI 53207 200463465 SAILING EDUCATION FOR CHILDREN WI 501(C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0