Commodore Perry Yacht Club

“The Organization is not organized to issue shares of ownership. The Organizations officers are the Commodore, Vice Commodore, Rear Commodore, Sectretary and Treasurer. The officers are rotated annually and are subject to term limits.”

“The Organization selects members based upon designeted criteria. New members are screened by the Board and accepted of rejected. Accepted members agree to annual dues and dock rental fees. Members are requested to commit to a predetermined number of service hours to retain their membership.”

“CPYCs monthly internal fiancial reports and annual tax returns are posted on the Clubs website with member access only so as not to position CYPC in a non-competitive environment with the adjacent for profit marinas in regards to future membership or growth and retention.”

“Commodore Perry Yacht Clubs (CPYC) treasurer completes IRS forms 990 and 990T and reviews the documents annually with all CPYC Bridge and Board members present at their regular monthly meetings. The Clubs office minute book reflects any and all questions and answer discussions reguarding tax documents involved. Upon review the forms are then filed annually with the Internal Revenue Service.”

“All minutes of Bridge and Board meetings are read out loud at each quarterly regular membership meeting along with the financial reports for general membership approval. All inquires by the general public regarding governing documents, conflicts of interest concerns or requets for financial statement disclosure are fulfilled per the specific individual request. CPYCs monthly internal fiancial reports and annual tax returns are posted on the Clubs website with member access only so as not to position CYPC in a non-competitive environment with the adjacent for profit marinas in regards to future membership or growth and retention.”