Civic Intelligence

Westhampton Yacht Squadron Ltd

990 • Fiscal year 2016 • EIN 11-2136804

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization Profilewww.yachtsquadron.com
PO Box 315Remsenburg, NY 11960-0315

(631) 288-0388

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

10th percentile

-12%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Asset Growth

20th percentile

-4.0%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-16%

Faster revenue growth than 9% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$1,974,342

Down $82,848 (-4.0%) from 2015

Net Assets

Down

$1,972,540

Down $76,399 (-3.7%) from 2015

Liabilities

Down

$1,802

Down $6,449 (-78%) from 2015

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin10th percentile

Revenue

Down

$654,444

Down $122,082 (-16%) from 2015

Expenses

Up

$730,843

Up $23,536 (+3.3%) from 2015

Net Income

Down

-$76,399

Down $145,618 (-210%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,638,618Liabilities 2011: $5,421Net Assets 2011: $1,633,1972011Assets 2012: $1,898,363Liabilities 2012: $10,417Net Assets 2012: $1,887,9462012Assets 2013: $2,427,633Liabilities 2013: $550,039Net Assets 2013: $1,877,5942013Assets 2014: $1,991,007Liabilities 2014: $11,287Net Assets 2014: $1,979,7202014Assets 2015: $2,057,190Liabilities 2015: $8,251Net Assets 2015: $2,048,9392015Assets 2016: $1,974,342Liabilities 2016: $1,802Net Assets 2016: $1,972,5402016Assets 2017: $1,968,925Liabilities 2017: $2,238Net Assets 2017: $1,966,6872017Assets 2018: $1,979,048Liabilities 2018: $10,404Net Assets 2018: $1,968,6442018Assets 2019: $2,059,929Liabilities 2019: $696Net Assets 2019: $2,059,2332019Assets 2020: $2,160,979Liabilities 2020: $0Net Assets 2020: $2,160,9792020Assets 2021: $2,623,488Liabilities 2021: $0Net Assets 2021: $2,623,4882021Assets 2022: $2,674,691Liabilities 2022: $0Net Assets 2022: $2,674,6912022Assets 2023: $2,810,860Liabilities 2023: $0Net Assets 2023: $2,810,8602023Assets 2024: $2,820,726Liabilities 2024: $0Net Assets 2024: $2,820,7262024

Highlighted filing

2016

Assets$1,974,342
Liabilities$1,802
Net Assets$1,972,540
Open 2016 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $554,6542011Expenses 2012: $577,7632012Revenue 2013: $706,235Expenses 2013: $716,588Net Income 2013: -$10,3532013Revenue 2014: $818,972Expenses 2014: $716,846Net Income 2014: $102,1262014Revenue 2015: $776,526Expenses 2015: $707,307Net Income 2015: $69,2192015Revenue 2016: $654,444Expenses 2016: $730,843Net Income 2016: -$76,3992016Revenue 2017: $772,520Expenses 2017: $778,373Net Income 2017: -$5,8532017Revenue 2018: $825,970Expenses 2018: $824,013Net Income 2018: $1,9572018Revenue 2019: $907,319Expenses 2019: $816,730Net Income 2019: $90,5892019Revenue 2020: $836,715Expenses 2020: $734,969Net Income 2020: $101,7462020Revenue 2021: $1,354,928Expenses 2021: $892,419Net Income 2021: $462,5092021Revenue 2022: $1,014,723Expenses 2022: $963,520Net Income 2022: $51,2032022Revenue 2023: $1,073,542Expenses 2023: $937,373Net Income 2023: $136,1692023Revenue 2024: $942,867Expenses 2024: $933,001Net Income 2024: $9,8662024

Highlighted filing

2016

Revenue$654,444
Expenses$730,843
Net Income-$76,399
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$817,662
Mission and Program Overview

Mission

The organization fosters sailing and sailing competitions. The club sponsors races and regattas as well as providing lessons to its members.

Yacht club. Foster sailing through lessons,races,regattas,etc.its also a social organization which encourage participation in the sailing programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,714,868$1,835,118▲ $120,250
Savings and Temporary Cash Investments$257,287$113,533▼ $143,754
Cash and Non-Interest-Bearing Accounts$71,152$15,042▼ $56,110
Accounts Receivable$13,883$10,649▼ $3,234
Total Assets$2,057,190$1,974,342▼ $82,848
Liabilities
Other Liabilities$8,251$1,802▼ $6,449
Total Liabilities$8,251$1,802▼ $6,449
Net Assets / Fund Balance
Unrestricted Net Assets$2,048,939$1,972,540▼ $76,399
Total Net Assets Fund Balance$2,048,939$1,972,540▼ $76,399
Total Liabilities and Net Assets / Fund Balance$2,057,190$1,974,342▼ $82,848

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,134,235-$1,134,235
Other Land Buildings$700,883-$700,883
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Dave HaleDirector
Doug GrahamDirector
James SchultzDirector
Janet JurgielewiczDirector
Jim HulmeDirector
John BarryDirector
John JohnsonDirector
Kristen SmythDirector
Norm WentworthDirector
Suzanne JackeyDirector
John SheehanCommodore
Sundy SchermeyerRear Commodore
-Secretary
Aram TerchunianTreasurer
Michael StrebelVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$405,792
Program Service Revenue
$126,290
Investment Income
$402
Other Revenue
$121,960
All Other Contributions
$1,094
Change in Net Assets
$-76,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$378,429
Other Expenses$352,414
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$347,118--$347,118
Occupancy$104,296--$104,296
Insurance$88,564--$88,564
Other Expenses$53,065--$53,065
Fees for Services Accounting$49,538--$49,538
Payroll Taxes$31,311--$31,311
Office Expenses$22,937--$22,937
Total Functional Expenses$730,843$0$0$730,843
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liability$1,055
Sales Tax Liability$600
Federal income taxes$147
Prepaid Chits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Taxpayer and bookkeeper review the form 990. The treasurer then makes the 990 available to the board. The board approves the 990 and the treasurer signs the return.”

Form 990, Part VI, Section C, Line 19

“Tax returns, accounting records available upon request.”

Form 990, Part VI, Section B, Line 15A

“Went to outside consulting firm to determine compensation”

Filing and Contact Details

Filer

Filer Name
Westhampton Yacht Squadron Ltd
EIN
11-2136804
Phone
6312880388
Address
PO BOX 315, REMSENBURG, NY 11960-0315

Signing Officer

Name
Michael Strebel
Title
Treasurer
Phone
6312880388
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Strebel
Formed
1905
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
58
Volunteers
12

Preparer

Firm
Giaquinto and Company Cpas
Address
PO BOX 2014, REMSENBURG, NY 11960
Preparer
Joseph C Giaquinto CPA
Phone
6313257762
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 12C

“Reviewed at annual meeting”

Raw XML AppendixShowing 400 of 410 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt013883
IRS990/AccountsReceivableGrp/EOYAmt010649
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0YACHT CLUB. FOSTER SAILING THROUGH LESSONS,RACES,REGATTAS,ETC.ITS ALSO A SOCIAL ORGANIZATION WHICH ENCOURAGE PARTICIPATION IN THE SAILING PROGRAMS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt01094
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ROBCYN ASSOCIATES
IRS990/BooksInCareOfDetail/PhoneNum06312880388
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 MILL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WESTHAMPTON BH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011978
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt071152
IRS990/CashNonInterestBearingGrp/EOYAmt015042
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0163218
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0405792
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0402
IRS990/CYOtherExpensesAmt0352414
IRS990/CYOtherRevenueAmt0121960
IRS990/CYProgramServiceRevenueAmt0126290
IRS990/CYRevenuesLessExpensesAmt0-76399
IRS990/CYSalariesCompEmpBnftPaidAmt0378429
IRS990/CYTotalExpensesAmt0730843
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0654444
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0SAILING, SOCIAL AND OTHER YACHT CLUB EVENTS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt058
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0730843
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt049538
IRS990/FeesForServicesAccountingGrp/TotalAmt049538
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13004.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14004.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0PEGGY ANN JAYNE
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0JANET JURGIELEWICZ
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVE HALE
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm3SUZANNE JACKEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DOUG GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN BARRY
IRS990/Form990PartVIISectionAGrp/PersonNm6KRISTEN SMYTH
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm8NORM WENTWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm9JIM HULME
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN SHEEHAN
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL STREBEL
IRS990/Form990PartVIISectionAGrp/PersonNm12ARAM TERCHUNIAN
IRS990/Form990PartVIISectionAGrp/PersonNm13SUNDY SCHERMEYER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10COMMODORE
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE COMMODORE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13REAR COMMODORE
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01905
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0817662
IRS990/GrossReceiptsForPublicUseAmt06554
IRS990/GrossRentsGrp/RealAmt042644
IRS990/GrossSalesOfInventoryAmt0242534
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt088564
IRS990/InsuranceGrp/TotalAmt088564
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0402
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0402
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01714868
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01835118
IRS990/LandBldgEquipCostOrOtherBssAmt01835118
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0404698
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION FOSTERS SAILING AND SAILING COMPETITIONS. THE CLUB SPONSERS RACES AND REGATTAS AS WELL AS PROVIDING LESSONS TO ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02048939
IRS990/NetAssetsOrFundBalancesEOYAmt01972540
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt079316
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036090
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt042644
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt06554
IRS990/NetUnrelatedBusTxblIncmAmt0713
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt0104296
IRS990/OccupancyGrp/TotalAmt0104296
IRS990/OfficeExpensesGrp/ProgramServicesAmt022937
IRS990/OfficeExpensesGrp/TotalAmt022937
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TAXES LICENSES AND FEES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3SALES TAXES PAID
IRS990/OtherExpensesGrp/ProgramServicesAmt02913
IRS990/OtherExpensesGrp/ProgramServicesAmt123031
IRS990/OtherExpensesGrp/ProgramServicesAmt28070
IRS990/OtherExpensesGrp/ProgramServicesAmt353065
IRS990/OtherExpensesGrp/TotalAmt02913
IRS990/OtherExpensesGrp/TotalAmt123031
IRS990/OtherExpensesGrp/TotalAmt28070
IRS990/OtherExpensesGrp/TotalAmt353065
IRS990/OtherLiabilitiesGrp/BOYAmt08251
IRS990/OtherLiabilitiesGrp/EOYAmt01802
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0347118
IRS990/OtherSalariesAndWagesGrp/TotalAmt0347118
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt031311
IRS990/PayrollTaxesGrp/TotalAmt031311
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHAEL STREBEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0LESSONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0126290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0126290
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0407915
IRS990/PYInvestmentIncomeAmt0598
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0354858
IRS990/PYOtherRevenueAmt0213936
IRS990/PYProgramServiceRevenueAmt0154077
IRS990/PYRevenuesLessExpensesAmt069219
IRS990/PYSalariesCompEmpBnftPaidAmt0352449
IRS990/PYTotalExpensesAmt0707307
IRS990/PYTotalRevenueAmt0776526
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-76399
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt042644
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0662844
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0257287
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113533
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01134235
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01134235
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0700883
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0700883
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0147
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID CHITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01835118
IRS990ScheduleD/TotalLiabilityAmt01802
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAXPAYER AND BOOKKEEPER REVIEW THE FORM 990. THE TREASURER THEN MAKES THE 990 AVAILABLE TO THE BOARD. THE BOARD APPROVES THE 990 AND THE TREASURER SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURNS, ACCOUNTING RECORDS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED AT ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WENT TO OUTSIDE CONSULTING FIRM TO DETERMINE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IV, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15A
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02057190
IRS990/TotalAssetsEOYAmt01974342
IRS990/TotalAssetsGrp/BOYAmt02057190
IRS990/TotalAssetsGrp/EOYAmt01974342
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0405792
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0730843
IRS990/TotalFunctionalExpensesGrp/TotalAmt0730843
IRS990/TotalGrossUBIAmt06956
IRS990/TotalLiabilitiesBOYAmt08251
IRS990/TotalLiabilitiesEOYAmt01802
IRS990/TotalLiabilitiesGrp/BOYAmt08251
IRS990/TotalLiabilitiesGrp/EOYAmt01802
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02048939
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01972540
IRS990/TotalProgramServiceExpensesAmt0730843
IRS990/TotalProgramServiceRevenueAmt0126290
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0162380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0654444
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06956
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02057190
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01974342
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02048939
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01972540
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 315
IRS990/USAddress/CityNm0REMSENBURG
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011960
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0www.yachtsquadron.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL STREBEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06312880388
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTHAMPTON YACHT SQUADRON LTD
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0112136804
ReturnHeader/Filer/PhoneNum06312880388
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 315
ReturnHeader/Filer/USAddress/CityNm0REMSENBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0119600315
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId046BC5F8D28347862E07CD6BA45AD26167B11D7B5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId046BC5F8D28347862E07CD6BA45AD26167B11D7B5
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.87.250.129
ReturnHeader/FilingSecurityInformation/IPDt02017-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:33:40
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GIAQUINTO AND COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2014
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0REMSENBURG

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,974,342
Liabilities
$1,802
Net assets
$1,972,540
Revenue
$654,444
Expenses
$730,843
Net income
-$76,399
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.94$0.93$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$1.07$0.94$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$1.01$0.96$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$1.35$0.89$0.46
2020Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.84$0.73$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$0.91$0.82$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.01$1.97$0.83$0.82$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.77$0.78$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.65$0.73$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.06$0.01$2.05$0.78$0.71$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.01$1.98$0.82$0.72$0.10
2013Detailed filing. Detailed filing data is available for this year.$2.43$0.55$1.88$0.71$0.72$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.01$1.89$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.01$1.63$0.55