2025-10-16T21:17:41-05:00 2024-12-31 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2024-01-01 990051520 OUTRIGGER CANOE CLUB OUTR 8089231585 2909 KALAKAUA AVENUE HONOLULU HI 96815 TYLER ROUKEMA COO 8089231585 2025-09-23 1 1 DANIELLE A HARANO P01258470 8085262255 2025-09-23 2024 2025-03-06 01:10:19Z TYLER ROUKEMA 2909 KALAKAUA AVENUE HONOLULU HI 96815 31088879 0 X HTTP://WWW.OUTRIGGERCANOECLUB.COM X 1908 HI PROMOTE ATHLETIC SPORTS AND ACTIVITIES, PROVIDE FOR SOCIAL INTERACTION BETWEEN ITS MEMBERS AND CULTIVATE THE ADVANCEMENT OF LEARNING OF THE ARTS AND SCIENCES. 13 13 259 100 2718304 1206183 13500 8750 9925028 10246498 845196 1231303 4434145 4319328 15217869 15805879 8506 6140 0 0 7281602 7698005 0 0 0 6037030 6478515 13327138 14182660 1890731 1623219 72120113 75003179 22396053 22298685 49724060 52704494 PROMOTE ATHLETIC SPORTS AND ACTIVITIES, PROVIDE FOR SOCIAL INTERACTION BETWEEN ITS MEMBERS AND CULTIVATE THE ADVANCEMENT OF LEARNING OF THE ARTS AND SCIENCES. 0 0 SUPPORT OF ATHLETIC ACTIVITIES SOCIAL ACTIVITIES TO PROMOTE SPORTSMANSHIP 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 64 0 1 259 1 1 1 0 0 0 0 578167 2090660 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOCELYN APO 8089231585 2909 KALAKAUA AVENUE HONOLULU HI 96815 EMILY PORTER PRESIDENT 1.00 X X 0 0 0 ART MALLET PRESIDENT ELECT 1.00 X X 0 0 0 JON BRYAN SECRETARY 1.00 X X 0 0 0 MALIA EVERSOLE ASST SECRETARY 1.00 X X 0 0 0 DOUGLAS JOHNSTONE TREASURER 1.00 X X 0 0 0 CHRIS LAIRD DIRECTOR 1.00 X 0 0 0 STEVE AUERBACH DIRECTOR 1.00 X 0 0 0 DAVE SHOJI DIRECTOR 1.00 X 0 0 0 SIANA HUNT DIRECTOR 1.00 X 0 0 0 CURT DEWEESE DIRECTOR 1.00 X 0 0 0 DC EICHELBERGER DIRECTOR 1.00 X 0 0 0 CANDES GENTRY DIRECTOR 1.00 X 0 0 0 KEVIN GREENWELL DIRECTOR 1.00 X 0 0 0 EVIE BLACK DIRECTOR 1.00 X 0 0 0 MARC HAINE DIRECTOR 1.00 X 0 0 0 LAURIE FOSTER DIRECTOR 1.00 X 0 0 0 TYLER ROUKEMA GENERAL MANAGER & COO 40.00 X 277728 0 31284 JOCELYN APO CONTROLLER 40.00 X 191667 0 12713 REDE EDER FOOD & BEVERAGE DIRECTOR 40.00 X 132735 0 19943 BRANDON LEE EXECUTIVE CHEF 40.00 X 130035 0 13174 WAYNE LARROW ASST F&B DIRECTOR 40.00 X 107023 0 11099 JONOTHAN SAUNDERS FACILITY DIRECTOR 40.00 X 121229 0 19424 960417 0 107637 6 0 1 0 0 8750 8750 MEMBERSHIP DUES 713940 9381186 9381186 GUEST CARD FEES & SURCHARGE 713940 607175 607175 LOCKERS 713940 244317 241001 3316 PARKING 713940 12444 6134 6310 1376 1376 10246498 698742 698742 13010166 33550 12511155 0 499011 33550 532561 532561 7097402 2771845 4325557 3456733 868824 MINIMUM CHARGE 713940 94434 94434 FINANCE CHARGES 713940 11426 11426 MISCELLANEOUS 713940 -112089 -112089 -6229 15805879 13078825 2718304 0 6140 309012 5567854 118395 1069371 633373 7831 53646 89877 285393 61645 1837669 8503 1161137 714186 ATHLETICS 380447 REPAIRS & MAINTENANCE 329663 SUPPLIES & UTENSILS 264034 CLUBROOM EXPENSE 149139 1135345 14182660 1270 1270 6853415 4561417 1451724 1504097 313888 390521 503452 618851 29280277 19164934 8300850 10115343 35241239 38784543 19454275 19027137 72120113 75003179 1162071 1453249 21233982 20845436 22396053 22298685 X 49570730 52551164 153330 153330 49724060 52704494 72120113 75003179 X 1623219 1678145 -320930 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18670738 11265032 7405706 1643966 772224 871742 8500325 7127678 1372647 465248 465248 10115343 MUTUAL FUNDS 9433530 F MUNICIPAL BONDS 10826171 F COMMON STOCK 18524842 F 38784543 INTEREST RECEIVABLE 177273 RENTAL DEPOSIT 5281 OPERATING LEASE RIGHT-OF-USE ASSET 18844583 19027137 DEFERRED TAX LIABILITY 2102684 OPERATING LEASE LIABILITY - CURRENT 436183 OPERATING LEASE LIABILITY - NONCURRENT 18408400 INCOME TAX PAYABLE -101831 20845436 X 20437900 1678145 3230417 4908562 15529338 276541 276541 15805879 17457474 3454121 3454121 14003353 179307 179307 14182660 PART X, LINE 2: THE CLUB IS TAXED ON ITS UNRELATED BUSINESS INCOME AT TAX RATES APPLICABLE TO U.S. CORPORATIONS. UNRELATED BUSINESS INCOME CONSISTS OF INCOME FROM INVESTMENTS AND INCOME FROM NONMEMBERS OR THE GENERAL PUBLIC LESS ALLOWABLE EXPENSES DIRECTLY CONNECTED WITH THE PRODUCTION OF SUCH INCOME. THE CLUB RECOGNIZES DEFERRED TAX ASSETS AND LIABILITIES FOR THE EXPECTED FUTURE TAX CONSEQUENCES OF EVENTS THAT HAVE BEEN INCLUDED IN THE FINANCIAL STATEMENTS USING ENACTED TAX RATES IN EFFECT FOR THE YEAR IN WHICH THE DIFFERENCES ARE EXPECTED TO REVERSE. AT DECEMBER 31, 2024 AND 2023, THE CLUB HAD NO UNRECOGNIZED TAX BENEFITS. THE CLUB'S 2020 THROUGH 2023 FEDERAL AND HAWAII TAX RETURNS REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE STATE OF HAWAII DEPARTMENT OF TAXATION. THE CLUB'S POLICY IS TO RECOGNIZE INTEREST EXPENSE AND PENALTIES RELATED TO INCOME TAX MATTERS AS A COMPONENT OF INCOME TAX EXPENSE. THE CLUB HAS NOT ACCRUED INTEREST AND PENALTIES AND THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: MUNICIPAL BOND INTEREST 458,572. COST OF GOODS SOLD - INVENTORY SALES 2,771,845. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 144,564. INVESTMENT EXPENSE RELATED TO TAX EXEMPT INTEREST 57,570. GET EXPENSE PAID ON INTEREST INCOME 5,804. MACFARLANE T-SHIRT NET INCOME 68,598. ROUNDING 5. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - INVENTORY SALES 2,732,186. CHANGE IN MINIMUM PENSION LIABILITY 7,425. CURRENT AND DEFERRED FEDERAL INCOME TAX 714,510. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 144,564. GET EXPENSE PAID ON INTEREST INCOME 5,804. GRANT EXPENSE 6,140. ATHLETICS EXPENSE - CANOE RACING TEAM 22,799. 1 OUTRIGGER DUKE KAHANAMOKU FOUNDATION PO BOX 160924 HONOLULU HI 96816 990217299 501(C)(3) 6140 0 FMV TO PROVIDE FUNDING FOR SUPPORT OF PROGRAMS AND ACTIVITIES. PART I, LINE 2 OUTRIGGER DUKE KAHANAMOKU FOUNDATION (ODKF) IS ABLE TO USE THE GRANTS RECEIVED BY OUTRIGGER CANOE CLUB (OCC) AT THEIR OWN DISCRETION. THERE IS NO DONATION CRITERIA GIVEN TO ODKF. AS SUCH, THERE IS NO FORMAL PROCESS BY WHICH OCC MONITORS HOW THE FUNDS ARE USED. X 0 0 0 TYLER ROUKEMA GENERAL MANAGER & COO 232397 0 45331 0 0 0 7227 0 24057 0 309012 0 0 0 JOCELYN APO CONTROLLER 167667 0 24000 0 0 0 4610 0 8103 0 204380 0 0 0 REDE EDER FOOD & BEVERAGE DIRECTOR 115744 0 16991 0 0 0 3638 0 16305 0 152678 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB HAS 4,864 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT ALL OF THE DIRECTORS OF THE CLUB. FORM 990, PART VI, SECTION A, LINE 7B AS SET FORTH IN THE CLUB BY-LAWS, THE CLUB DIRECTORS HAVE LIMITED POWERS TO INCUR DEBT FOR THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE FIRM THAT AUDITS THE CLUB'S FINANCIALS AND REVIEWED BY THE CLUB'S CONTROLLER PRIOR TO BEING FILED. A DRAFT OF THIS 990 WAS ALSO PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE MEMBERS OF THE BOARD OF DIRECTORS SIGN A CONFLICT OF INTEREST POLICY STATING THAT WHENEVER A MATTER REQUIRING ACTION OF THE BOARD, THE EXECUTIVE COMMITTEE, AN OFFICER OR COMMITTEE MEMBER INVOLVES A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST, THE CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST SHALL BE PROMINENTLY AND TIMELY DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES FOR THE HIGHLY COMPENSATED EMPLOYEES ARE REVIEWED ANNUALLY BY A BUDGET COMMITTEE DURING THE BUDGET PROCESS. THE BUDGET COMMITTEE COMPARES COMPENSATION OF THE CLUB GENERAL MANAGER, WHO SERVES AS THE TOP MANAGEMENT AND FINANCIAL OFFICIAL AND IS DEEMED TO BE AN OFFICER, TO THAT OF SIMILARLY SIZED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S BY-LAWS CAN BE PICKED UP AT THE CLUB'S FRONT DESK. THE CLUB'S ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC; THEY ARE AVAILABLE TO THE CLUB MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9: CURRENT AND DEFERRED FEDERAL INCOME TAXES -714,510. CHANGE IN MINIMUM PENSION LIABILITY -7,425. MUNICIPAL BOND INTEREST 458,572. INVESTMENT EXPENSE RELATED TO TAX EXEMPT INTEREST -57,570. MACFARLANE T-SHIRT NET INCOME -28,939. GRANT EXPENSE 6,140. CANOE RACING 22,799. ROUNDING 3. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.