2024-05-14T11:04:59-04:00 2023-12-31 341602442 H & J CERTIFIED PUBLIC ACCOUNTANTS INC 7555 FREDLE DR STE 110 CONCORD OH 44077 990 2023-01-01 341680760 NEWPORT HARBOR ASSOCIATION INC NEWP 2162143593 33 SHOREBY DRIVE BRATENAHL OH 44108 RANDY MYEROFF TREASURER 2024-05-10 RANDY MYEROFF XXX-XX-XXXX false DAVID F ZARLENGA P00081007 4409512997 2024-05-10 2023 2023-04-26 12:10:37Z RANDY MYEROFF 33 SHOREBY DRIVE BRATENAHL OH 44108 766146 false X X 1991 OH TO ADMINISTER AND MAINTAIN NEWPORT HARBOR, A MARINA DEVELOPMENT IN BRATENAHL, OHIO. 4 4 9 4 25659 24159 0 701459 740487 495 25659 0 701954 766146 0 0 245861 268864 0 0 335231 305593 581092 574457 120862 191689 1176475 1356642 135545 124023 1040930 1232619 TO ADMINISTER AND MAINTAIN NEWPORT HARBOR, A MARINA DEVELOPMENT IN BRATENAHL, OHIO. false false 552171 740487 MAINTENANCE OF NEWPORT HARBOR INCLUDING REPAIRS, UTILITIES, REAL ESTATE TAXES, SUPPLIES, EQUIPMENT, AND PERIODIC DREDGING OF THE HARBOR. 552171 false false false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 9 true true true false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true false true false X RANDY MYEROFF 2162143593 33 SHOREBY DRIVE BRATENAHL OH 44108 X THOMAS MCDONALD PRESIDENT 2.00 X X 0 0 0 RANDY MYEROFF TREASURER 2.00 X X 0 0 0 JAMES VOOS SECRETARY 2.00 X X 0 0 0 BOB WALLENS BOARD MEMBER 2.00 X X 0 0 0 false false false MEMBERSHIP REVENUE 900099 740487 740487 740487 25659 25659 766146 740487 25659 238857 231691 7166 3664 3554 110 26343 26080 263 4776 4776 5709 5709 9244 8967 277 2380 2380 921 921 76704 76704 22628 22628 REAL ESTATE TAXES 59900 59301 599 UTILITIES 37215 35775 1440 LANDSCAPING 28812 28812 SUPPLIES 21508 20863 645 35796 29719 6077 574457 552171 22286 0 43490 39010 626029 794328 54608 77691 1021802 576189 452348 445613 1176475 1356642 77584 86113 23451 30870 34510 7040 135545 124023 X 1040930 1232619 1040930 1232619 1176475 1356642 191689 X true X false false false 957887 512274 445613 63915 63915 445613 X SCHEDULE D, PAGE 3, PART X THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, EXCEPT FOR AMOUNTS REPRESENTING UNRELATED BUSINESS INCOME. THE ASSOCIATION CALCULATES ITS CURRENT INCOME TAX PROVISION ON UNRELATED BUSINESS INCOME WHICH IS PRIMARILY INTEREST INCOME. THIS INCOME IS SUBJECT TO FEDERAL INCOME TAX AT CURRENT CORPORATE RATES. THE INCOME TAX PROVISION IS CALCULATED BASED ON TAX POSITIONS APPLIED TO UNRELATED BUSINESS INCOME AND ARE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAIN IN A TAX EXAMINATION. IN 2023, THE COMPANY PAID 150 AND ACCRUED FOR 5,283 IN TAX FOR UNRELATED BUSINESS INCOME AND PAID 0 IN 2022. IT IS THE POLICY OF THE COMPANY TO INCLUDE IN OPERATING EXPENSES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES. IN 2023 THERE WERE 171 OF PENALTIES AND 37 OF INTEREST AND 0 PENALTIES AND INTEREST CHARGED IN 2022. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING, THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. AT THE NEXT REGULARLY SCHEDULED BOARD MEETING, THE 990 IS PRESENTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW. THE FORM 990 IS DISTRIBUTED IN ADVANCE OF THE BOARD MEETING IN ORDER TO ENSURE THAT DIRECTORS HAVE AN OPPORTUNITY FOR MEANINGFUL REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR, THE BOARD MEMBERS ARE ASKED TO REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. AMONG OTHER THINGS, THE POLICY MAKES CLEAR THAT ALL DECISIONS OF THE BOARD, OFFICERS, AND EMPLOYEES OF THE ORGANIZATION ARE MADE SOLELY ON THE BASIS OF A DESIRE TO PROMOTE THE BEST INTEREST OF THE ORGANIZATION AND THE PUBLIC GOOD. THE CONFLICT OF INTEREST STATEMENT REQUESTS BOARD MEMBERS TO IDENTIFY TO THE BEST OF THEIR KNOWLEDGE AFFILIATIONS WITH ORGANIZATIONS THAT MAY BE POTENTIALLY RELATED TO THE FINANCIALS OR OTHER SUBSTANTIVE OPERATIONS OF THE ORGANIZATION. THEY ARE ALSO ASKED TO IDENTIFY CIRCUMSTANCES INVOLVING EITHER THEMSELVES, OR A MEMBER OF THEIR EXTENDED FAMILY, THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST. AT THE STAFF LEVEL, THE ORGANIZATION'S PERSONNEL ALSO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST WHEN CONSIDERING THE ENGAGEMENT OF A NEW VENDOR. IF A POTENTIAL CONFLICT IS IDENTIFIED, APPROPRIATE STEPS ARE TAKEN TO BOTH ASSESS THE NATURE OF THE POTENTIAL CONFLICT AND, SUBSEQUENTLY, TO ENSURE THAT THE POSSIBILITY OF AN ACTUAL CONFLICT IS MITIGATED. SUCH MITIGATION IS MANAGED AND THE LETTER AND SPIRIT OF THE CONFLICTS POLICY ARE UPHELD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR STAFF WITHIN THE ORGANIZATION IS DETERMINED BY THE BOARD OF DIRECTORS. THE LEVEL OF COMPENSATION IS SET BASED ON PERFORMANCE AND IN RELATION TO OTHER AREA MISSION-COMPARABLE ORGANIZATIONS OF SIMILAR SIZE. THIS COMPENSATION IS A COMPONENT OF THE BUDGET, WHICH IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND ALSO BY THE BOARD AS A WHOLE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.