US SUPER YACHT ASSOCIATION INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- US SUPER YACHT ASSOCIATION INC (EIN 03-0605331)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-13
- IRS object ID
- 202103179349301805
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-13T11:13:58-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 650715836 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZOMMA GROUP LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 ALHAMBRA CIRCLE SUITE 1100 | AddressLine1Txt |
| City | CORAL GABLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030605331 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US SUPERYACHT ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | USSU | BusinessNameControlTxt |
| Phone | 9547642929 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 SE 17TH STREET CAUSEWAY NO 66 | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33316 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATE PEARSON | PersonNm |
| Person Title | CHAIRPERSON | PersonTitleTxt |
| Phone | 9547642929 | PhoneNum |
| Signature | 2021-10-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATE | PersonFirstNm |
| Person Last | PEARSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARGARITA G LISKER CPA | PreparerPersonNm |
| PTIN | P00957338 | PTIN |
| Phone | 3054448288 | PhoneNum |
| Preparation | 2021-10-20 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATE PEARSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 SE 17TH STREET CAUSEWAY NO 662 | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33316 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $232,077 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTP://WWW.USSUPERYACHT.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | ORGANIZATION FORMED TO PROMOTE AND SUPPORT THE U.S. SUPERYACHT INDUSTRY AND ITS MEMBERS WORLDWIDE THROUGH ADVOCACY, MARKETING AND EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $717,638 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $232,077 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $717,638 | PYTotalRevenueAmt |
| CY Total Revenue | $232,077 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $12,902 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $729,834 | PYOtherExpensesAmt |
| CY Other Expenses | $216,315 | CYOtherExpensesAmt |
| PY Total Expenses | $729,834 | PYTotalExpensesAmt |
| CY Total Expenses | $216,315 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$12,196 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $15,762 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $63,238 | TotalAssetsBOYAmt |
| Total Assets EOY | $185,451 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,594 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $139,045 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $29,644 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $46,406 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ORGANIZATION FORMED TO PROMOTE AND SUPPORT THE U.S. SUPERYACHT INDUSTRY AND ITS MEMBERS WORLDWIDE THROUGH ADVOCACY, MARKETING AND EDUCATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $127,139 | ExpenseAmt |
| Desc | EDUCATIONAL, SYMPOSIUMS, PARTICIPATION IN TRADE SHOWS AND EXHIBITS | Desc |
| Total Program Service Expenses | $127,139 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KITTY MCGOWAN | PersonNm |
| Phone | 9547928666 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 SE 17 STREET CAUSEWAY 662 | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33316 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KATE PEARSON | ||||||
| CHAIRPERSON | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DIANE M BYRNE | ||||||
| VICE CHAIRPERSON | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RICK GLADYCH | ||||||
| PAST CHAIRMAN | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAY DAYTON | ||||||
| ADVOCACY CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BERT FOWLES | ||||||
| MARKETING CO-CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JULIE PERRY | ||||||
| MARKETING CO-CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DERRICK HILL | ||||||
| MEMBERSHIP CO-CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RICK THOMAS | ||||||
| MEMBERSHIP CO-CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN FITZGERALD | ||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ROBERT ALLEN | ||||||
| GOVERNANCE | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JIM BERULIS | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ZACK SAVAGE | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TED MCCUMBER | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JB TURNER | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| AUDREY HODGDON | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MELISSA ORLICK | ||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JIM RUFFOLO | ||||||
| REGIONAL BOARD | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DAN COWENS | ||||||
| REGIONAL BOARD | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARC GADBOIS | ||||||
| REGIONAL BOARD | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARTY MARCHANT | ||||||
| REGIONAL BOARD | 2.00 | Yes (X) | $0 | $0 | $0 | |
| IONNA HERNANDEZ | ||||||
| REGIONAL BOARD | 2.00 | Yes (X) | $0 | $0 | $0 | |
| LEAH YAM | ||||||
| REGIONAL BOARD | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAUTICOM COMMUNICATIONS INC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 SW 30TH STREET | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33315 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | ASSOCIATION MANAGEMENT | ServicesDesc |
| Compensation | $125,004 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBERSHIP DUES | 713990 | $175,640 | $175,640 |
| NETWORK EVENTS | 713990 | $56,437 | $56,437 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $232,077 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $232,077 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $232,077 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,004 | TotalAmt |
| Program Services | $50,002 | ProgramServicesAmt |
| Management And General | $62,502 | ManagementAndGeneralAmt |
| Fundraising | $12,500 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,535 | TotalAmt |
| Program Services | $4,535 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,847 | TotalAmt |
| Program Services | $5,847 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,049 | TotalAmt |
| Program Services | $4,830 | ProgramServicesAmt |
| Management And General | $2,817 | ManagementAndGeneralAmt |
| Fundraising | $402 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,723 | TotalAmt |
| Management And General | $2,723 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,242 | TotalAmt |
| Management And General | $5,242 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,983 | TotalAmt |
| Program Services | $1,993 | ProgramServicesAmt |
| Management And General | $2,990 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| EVENT EXPENSES | $36,650 | $36,650 |
| STORAGE | $14,000 | $14,000 |
| TELEPHONE | $2,840 | $2,840 |
| MEMBERSHIP MEETINGS | $2,640 | $2,640 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,802 | TotalAmt |
| Program Services | $3,802 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,315 | TotalAmt |
| Program Services | $127,139 | ProgramServicesAmt |
| Management And General | $76,274 | ManagementAndGeneralAmt |
| Fundraising | $12,902 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,206 | BOYAmt |
| EOY | $168,752 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,569 | BOYAmt |
| EOY | $6,478 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $62,148 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $51,927 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,463 | BOYAmt |
| EOY | $10,221 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,238 | BOYAmt |
| EOY | $185,451 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,594 | BOYAmt |
| EOY | $16,797 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $101,900 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $20,348 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,594 | BOYAmt |
| EOY | $139,045 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,644 | BOYAmt |
| EOY | $46,406 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,644 | BOYAmt |
| EOY | $46,406 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,238 | BOYAmt |
| EOY | $185,451 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $15,762 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
| Dues Assessments | $175,640 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $814 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $814 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $35,128 | AggregateReportedDuesNtcAmt |
| Taxable | -$34,314 | TaxableAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,148 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,927 | DepreciationAmt |
| Book Value | $10,221 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,221 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBER ADVANCES | Desc |
| Amt | $20,348 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $20,348 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | IN GENERAL, BOARD MEMBERS ARE EMPLOYED BY VARIOUS EMPLOYERS IN THE BOATING INDUSTRY AND MAY IN VARIOUS INSTANCES HAVE BUSINESS RELATIONSHIPS WITH ONE ANOTHER. |
| FORM 990, PART VI, SECTION A, LINE 3 | MANAGEMENT COMPANY PROVIDES MARKETING, PUBLIC RELATIONS AND ADMINISTRATIVE SERVICES SUCH AS BOOKKEEPING SERVICES. THE MANAGEMENT AGREEMENT INCLUDES STORAGE FACILITIES FOR THE PROPERTY AND EVENT DISPLAY EQUIPMENT. |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE FOUR CATEGORIES OF MEMBERSHIP: REGULAR MEMBERS: THIS CATEGORY INCLUDES ANY SOLE PROPRIETOR, PARTNERSHIP, CORPORATION, OR OTHER BUSINESS ENTITY HAVING LEGAL EXISTENCE TO DO BUSINESS IN THE UNITED STATES. THESE WILL BE VOTING MEMBERS. ASSOCIATE MEMBERS: THIS CATEGORY INCLUDES THOSE COMPANIES NOT BASED IN THE U.S. THEY ARE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF REGULAR MEMBERSHIP EXCEPT THE RIGHT TO VOTE OR HOLD OFFICE ON THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS MAY SERVE ON COMMITTEES. CAPTAINS/SENIOR OFFICER MEMBERSHIP: THIS CLASSIFICATION MEMBERSHIP CONSISTS OF INDIVIDUALS EMPLOYED IN THE SUPERYACHT INDUSTRY. THEY ARE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF REGULAR MEMBERSHIP, EXCEPT THAT THEY DO NOT HAVE THE RIGHT TO VOTE OF HOLD OFFICE ON THE BOARD OF DIRECTORS. CAPTAIN/SENIOR OFFICER MEMBERS MAY SERVE ON COMMITTEES. COMPANIES/INDIVIDUALS WHO HAVE RENDERED EXEMPLARY SERVICE TO THE INDUSTRY AND/OR THE ASSOCIATION. THEY ARE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF REGULAR MEMBERSHIP. EXCEPT THAT THEY DO NOT HAVE THE RIGHT TO VOTE OR HOLD OFFICE ON THE BOARD OF DIRECTORS. HONORARY MEMBERSHIP IS REVIEWED ANNUALLY AND RE-APPROVED BY THE EXECUTIVE COMMITTEE AND/OR THE BOARD OF DIRECTORS. HONORARY MEMBERS MAY SERVE ON COMMITTEES. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE EXECUTIVE COMMITTEE APPOINTS A NOMINATING COMMITTEE TO SELECT A SLATE OF OFFICERS AND MEMBERS TO RUN FOR BOARD OF DIRECTORS. THE NOMINATING COMMITTEE CONSISTS OF THE VICE CHAIRMAN (SERVING AS CHAIR OF THE COMMITTEE), ONE OTHER MEMBER OF THE EXECUTIVE COMMITTEE, AND A MINIMUM OF AT LEAST THREE OTHER NON-BOARD MEMBERS OF THE ASSOCIATION. THE ELECTION OF BOARD MEMBERS TAKES PLACE AT LEAST TEN DAYS PRIOR TO THE ANNUAL MEETING. THE BOARD OF DIRECTORS PROVIDES A VOTING METHOD TO ENSURE THAT BALLOTS ARE CAST IN SUCH A MANNER TO ENSURE THAT ONLY REGULAR MEMBERS IN GOOD STANDING ARE PERMITTED TO VOTE. IN THE EVENT THERE IS MORE THAN ONE CANDIDATE FOR ANY OFFICER OR BOARD POSITION, THE WINNER OF THE ELECTION IS DETERMINED BY THE INDIVIDUAL WITH THE HIGHEST VOTE COUNT. IF A CANDIDATE FOR AN OFFICER POSITION RUNS UNOPPOSED, THAT PERSON SHALL BE CONSIDERED ELECTED. THE TERM OF ALL OFFICERS IS FOR ONE YEAR, STARTING FROM NOVEMBER 1, OR UNTIL THEIR SUCCESSORS HAVE BEEN CHOSEN. EACH DIRECTOR SERVES A TWO-YEAR TERM BEGINNING NOVEMBER 1. ANY PERSON ELECTED TO THE BOARD OF DIRECTORS MAY SERVE FOR NO MORE THAN THREE CONSECUTIVE TERMS. OFFICERS AND MEMBERS OF THE BOARD MAY BE REMOVED FOR CAUSE BY A MAJORITY VOTE OF THE MEMBERS OF THE ASSOCIATION PRESENT AT ANY REGULAR OR SPECIAL MEETING, FOLLOWING 30 DAYS NOTICE OF JUST CAUSE DELIVERED TO ALL MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7B | ANY REVISIONS TO THE BYLAWS AND ELECTION OF OFFICERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD REVIEWS THE MATERIALS INCLUDED IN THE 990 BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD REGULARLY MONITORS AND ENFORCES CONFLICTS OF INTEREST AND RESOLVES ANY ISSUES WHICH MAY ARISE IN A TIMELY MANNER |
| FORM 990, PART VI, SECTION C, LINE 19 | DISCLOSURE OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE IN WRITTEN FORM UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | EIDL GRANT 1,000. |