2024-04-13T18:54:28-07:00 2023-12-31 990EZ 2023-01-01 521781473 SAILING CLUB OF THE CHESAPEAKE INC SAIL 7039463626 PO Box 4337 Annapolis MD 21403 Philip Fleming Treasurer 4439959025 2024-04-13 Philip Fleming 999009999 0 1 11 0 AAL2 X 2023 2023-04-26 12:10:37Z X X https://scc1944.clubexpress.com X X 120359 X 350 86622 31668 3 0 0 0 0 0 0 0 1716 1444 272 0 118915 0 0 0 79816 0 3699 16986 100501 18414 39460 0 57874 X 29356 47767 0 0 10104 10107 39460 57874 0 0 39460 57874 The Sailing Club sponsors four major cruises in the Chesapeake Bay, along with social events such as picnics and dinners. The club also operates and manages several major sail Racing regattas in the Bay, including the annual Hospice Cup which generates substantial revenues for the Hospice Cup organization. The Sailing Club sponsors four major cruises in the Chesapeake Bay, along with social events such as picnics and dinners. The club also operates and manages several major sail Racing regattas in the Bay, including the annual Hospice Cup which generates substantial revenues for the Hospice Cup organization. 0 0 0 Frank Martien Commodore 8 0 0 0 Jonas Lodge Vice Commodore 4 0 0 0 Arthur A Libby Rear Commodore 3 0 0 0 Andrew Mutch Fleet Captain 2 0 0 0 John Murray Secretary 4 0 0 0 Philip A Fleming Jr Treasurer 4 0 0 0 Julie Neaderthal Member at Large 1 0 0 0 Betsy Schreitmueller Member at Large 1 0 0 0 Monty Schumpert Member at Large 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Philip A Fleming Jr PO Box 4337 Annapolis MD 21403 4439959025 0 0 0 0 0 0 0 0 Form 990-EZ, Part I, Line 1 This is a contribution of $350 from EWE Spirit Foundation. Form 990-EZ, Part I, Line 4 Interest Earnings on Bank savings account in Part II, line 24 Form 990-EZ, Part I, Line 16 Other Expenses: These expenses are primarily to cover the charges by our online web provider for internet services that are indispensable to the management of the club and its communications. Other items in that category are the cost of insurance, the cost of award trophies to support our racing program, and credit card service charges. Form 990-EZ, Part I, Line 19 Corrects Last year's report of $35,124 which was the bank balance but did not include checks issued, but not reconciled by the bank. These checks were issued in December, 2022 (total amt. $5,768) and thus should have been included in our cash balance as we are a purely cash account. This report corrects that omission. Form 990-EZ, Part II, Line 24 This is the amount of an inactive Savings account maintained as a hedge against financial emergencies. Note: investment income of $3.00 is reflected in Part I, line 4.