Coronado Cays Yacht Club

“Form 990, part iii, line 4d - all other accomplishments operation of recreational boating activities and dining facilities for members and their guests”

“Form 990, part vi, line 6 classes of members or stockholders "equity" members are the only membership class with voting rights.”

“Form 990, part vi, line 7a - election of members and their rights equity members elect the board of directors.”

“Form 990, part vi, line 7b - decisions subject to approval of members major decisions are subject to approval by equity members.”

“Form 990, part vi, line 11b - organization's process to review form 990 the 990 was reviewed and approved by the board of directors”

“Form 990, part vi, line 12c - enforcement of conflicts policy the organization regularly monitors & enforces its conflict of interest policy.”

“Form 990, part vi, line 15a - compensation process for top official members approve the club manager's compensation annually. Form 990, part vi, line 15b - compensation process for officers members annually approve compensation for key employees such as bookkeeper and executive chef.”

“Form 990, part vi, line 19 - governing documents disclosure explanation governing documents are available upon request.”

“To promote the recreational interests and social welfare of its members and to pursue and encourage boating, sailing, and water sports. The club maintains facilities in coronado, california, which include a bar, restaurant and marina, and hosts various events and activities for members and their guests.”

“Contract labor 60,639. Lease expense 48,000. Property taxes 42,031. Board of directors expense 21,278. Program expense 19,542. Bad debt expense 17,306. Miscellaneous fees 14,296. Membership expense 11,943. Hoa 9,694. Payroll processing fees 4,988. Uniforms 3,970. Permits & licenses 3,594. Dues and subscriptions 3,484. State income tax 2,118. Mileage reimbursement 1,502. Recruiting 135.”

“The audit draft is distributed to the board prior to filing to allow for their review.”