2025-11-07T14:15:23-06:00 2024-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2024-01-01 590873777 ROYAL PALM YACHT AND COUNTRY CLUB INC ROYA 5613952100 2425 MAYA PALM DRIVE WEST BOCA RATON FL 33432 SCOTT SIEGEL TREASURER 5613952100 2025-10-30 1 1 CHRISTOPHER CECIL P01877773 5616971785 2025-10-29 2024 2025-03-06 01:10:19Z BEN KENNEDY 2425 MAYA PALM DRIVE WEST BOCA RATON FL 33432 24223609 0 X RPYCC.ORG X 1960 FL TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 271 64 612646 1428 0 0 13725320 16546417 -1726618 -22456 3701612 4283658 15700314 20807619 0 0 0 0 10373445 12451268 0 0 0 9299894 11430069 19673339 23881337 -3973025 -3073718 58796783 56605460 28451772 21394367 30345011 35211093 ROYAL PALM YACHT AND COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB MAINTAINS A 18 HOLE GOLF COURSE, PROVIDES TENNIS FACILITIES, SOCIAL ACTIVITIES, AS WELL AS DOCKAGE AND DINING FOR ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 1 102 0 1 271 1 1 1 0 0 0 1 1 0 965155 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAIME PICACHE CFO 5613952100 2425 MAYA PALM DRIVE WEST BOCA RATON FL 33432 DON TAGGART COMMODORE 8.00 X X 0 0 0 JOHN HOLTZ VICE COMMODORE 8.00 X X 0 0 0 BRETT FRAZEE REAR COMMODORE 8.00 X X 0 0 0 BEN KENNEDY SECRETARY 8.00 X X 0 0 0 FORREST HEATHCOTT TREASURER 8.00 X X 0 0 0 BRYAN GENTILE GOVERNOR 8.00 X 0 0 0 PETE AUSTIN GOVERNOR 8.00 X 0 0 0 DOUG FASH GOVERNOR 8.00 X 0 0 0 SUE COUGHLN GOVERNOR 8.00 X 0 0 0 ROB OOSTERHUIS GENERAL MANAGER/COO 50.00 X 530872 0 35242 JAIME PICACHE CFO 50.00 X 210723 0 21417 MARK STEPHENS GOLF COURSE SUPERINDENDENT 50.00 X 232620 0 10078 RAFAEL CURBELO TENNIS DIRECTOR 50.00 X 224870 0 21442 MICHAEL SHANLEY MEMBERSHIP DIRECTOR 50.00 X 212927 0 4966 SILVIA DISDERI TENNIS DIRECTOR 50.00 X 190423 0 10418 BRIANA PESTO ASSISTANT GENERAL MANAGER 50.00 X 190592 0 0 1793027 0 103563 7 0 1 0 0 MEMBER DUES 713910 14265503 14265503 CARTS/GOLF-RELATED 713910 1571843 1402475 169368 FITNESS 713910 351363 351363 TENNIS & POOL 713910 314462 314312 150 LOCKER RENTAL 713910 43050 43050 196 196 16546417 22456 -22456 -22456 -22456 7053397 3393534 3659863 3216735 443128 SERVICE CHARGE 713910 308767 308767 OTHER INCOME 713910 184335 184335 ENTERTAINMENT 713910 87253 87253 43440 43440 623795 20807619 20217429 612646 -22456 X 10328678 2122590 560599 643658 2508074 853776 ADMINISTRATIVE 1071787 GOLF COURSE MAINTENANCE 988271 FOOD & BEVERAGE 837625 GOLF ACTIVITIES 805785 3160494 23881337 6149871 6017557 5634949 5555658 657664 735296 351936 341907 61840644 18875935 44937913 42964709 1064450 990333 58796783 56605460 2398588 1721342 12898287 5881173 13154897 13791852 28451772 21394367 X 30345011 35211093 30345011 35211093 58796783 56605460 X -3073718 7939800 X X 0 1 X 1 0 1750068 1750068 33788734 10619525 23169209 7803613 2452612 5351001 18498229 5803798 12694431 42964709 DUES AND FEES PAID IN ADVANCE 13605852 REFUNDABLE ASSESSMENTS 186000 13791852 X 24201153 3393534 3393534 20807619 0 20807619 27274871 3393534 3393534 23881337 0 23881337 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENT TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 3,393,534. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 3,393,534. X X X X 0 0 0 ROB OOSTERHUIS GENERAL MANAGER/COO 426372 0 104000 0 500 0 13800 0 21442 0 566114 0 0 0 RAFAEL CURBELO TENNIS DIRECTOR 91927 0 11145 0 121798 0 0 0 21442 0 246312 0 0 0 MARK STEPHENS GOLF COURSE SUPERINDENDENT 194826 0 25794 0 12000 0 4494 0 5584 0 242698 0 0 0 JAIME PICACHE CFO 181986 0 28737 0 0 0 8016 0 13401 0 232140 0 0 0 MICHAEL SHANLEY MEMBERSHIP DIRECTOR 180832 0 31095 0 1000 0 4966 0 0 0 217893 0 0 0 SILVIA DISDERI TENNIS DIRECTOR 39336 0 0 0 151087 0 3717 0 6701 0 200841 0 0 0 BRIANA PESTO ASSISTANT GENERAL MANAGER 152034 0 38458 0 100 0 0 0 0 0 190592 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A FOUNDER MEMBER IS THE ONLY MEMBERSHIP CATEGORY WITH VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7B BY-LAW AMENDMENTS AND CAPITAL EXPENDITURES IN EXCESS OF $300,000 REQUIRE THE APPROVAL OF THE FOUNDER MEMBERS ELIGIBLE TO VOTE. THE BOARD MAY NOT MORTGAGE OR OTHERWISE ENCUMBER, SELL, EXCHANGE, OR OTHERWISE CONVEY ANY REAL ESTATE OWNED BY THE CLUB WITHOUT APPROVAL OF TWO-THIRDS OF THE FOUNDER MEMBERS ELLIGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED AND REVIEWED DURING A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, BOARD MEMBERS, AND EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE AND SIGN THE CONFLICT OF INTEREST POLICY AND ARE BOUND BY ITS STIPULATIONS. IF A CONFLICT ARISES RELATING TO A CLUB CONTRACT OR TRANSACTION, THE CONTRACT OR TRANSACTION MUST BE APPROVED BY 2/3 VOTE OF THE BOARD OF GOVERNORS, EXCLUSIVE OF THE VOTE OF ANY INTERESTED OFFICER OR DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES INCLUDES THE FOLLOWING: REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE, USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILAR QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR CLUBS, AND DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E REPAIRS, MAINT, & HOUSEKEEPING 563,309. UTILITIES 515,754. ENTERTAINMENT 489,990. TENNIS, CROQUET & POOL 442,961. FITNESS 439,517. PROPERTY TAXES 381,003. MARINA 184,808. CLUBHOUSE GROUNDS MAINTENANCE 85,446. VALET & LOCKER 51,122. MEMBERSHIP 6,584. FORM 990, PART XI, LINE 9: INITIATION FEES 3,045,775. PAYMENTS TO RESIGNING MEMBERS -4,000. CAPITAL ASSESSMENT 2,605,900. CLUB ENHANCEMENT ASSESSMENT 567,625. SPECIAL ASSESSMENT 1,724,500. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.