2025-08-14T09:44:27-05:00 2024-12-31 061281956 Michael J Paolini CPA 174 Cherry Street Milford CT 06460 990 2024-01-01 060453450 Milford Yacht Club Incorporated MILF 2037830060 131 Trumbull Avenue Milford CT 06460 Bruce P Kuryla Commodore 2037830060 2025-08-12 1 0 P00907074 2038760445 X 2024 2025-03-06 01:10:19Z Milford Yacht Club Incorporated Bruce P Kuryla 131 Trumbull Avenue Milford CT 06460 3189165 0 X www.milfordyachtclub.com X 1903 CT To promote interest in yachting and related social activities. 12 12 122 25 0 0 1395774 1538777 157911 180332 17973 26662 -208740 -126807 1362918 1618964 0 0 0 0 275745 447245 0 0 0 957575 1003667 1233320 1450912 129598 168052 3557134 3704611 1040531 1019954 2516603 2684657 To promote interest in yachting and related social activities. 0 0 1450912 80187 To promote interest in yachting and related social activities. 1450912 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 1 122 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X The Organization 2037830060 131 Trumbull Avenue Milford CT 06460 X Erika Stine-Clayton Director 1.00 X 0 0 0 Kenneth Herbet PC Director 1.00 X 0 0 0 Peter Cozzolino Director 1.00 X 0 0 0 Blake W Humphreys Director 1.00 X 0 0 0 Paul Blanchard Director 1.00 X 0 0 0 Travis Herman Director 1.00 X 0 0 0 Michael D Amato PC Treasurer 10.00 X 0 0 0 Albert W Franke PC Vice-Commodore 10.00 X 0 0 0 Bruce Scull Rear Commodore 10.00 X 0 0 0 Lauren Cozzolino Davies Fleet Captain 10.00 X 0 0 0 Bruce P Kuryla PC Commodore 10.00 X 0 0 0 Robert Bepko Jr Secretary 10.00 X 0 0 0 Clifford Kramer MD Fleet Surgeon 10.00 X 0 0 0 0 0 0 0 0 0 0 0 1538777 1538777 Programs and Events 713990 180332 180332 180332 26662 26662 275072 271126 3946 3946 3946 1168322 1299075 -130753 -130753 1618964 80187 0 0 274080 274080 47792 47792 125373 125373 2925 2925 19700 19700 27112 27112 15195 15195 20418 20418 30036 30036 105644 105644 176504 176504 Repairs and Maintenance 170203 170203 Merchant Fees 138822 138822 Property and Other Taxe 100815 100815 Utilities 89029 89029 107264 107264 1450912 1450912 0 0 1244343 1284453 47305 37490 50152 58228 24555 75428 6415062 4168739 2187843 2246323 2536 2289 400 400 3557134 3704611 123048 174773 112047 116287 789436 708894 16000 20000 1040531 1019954 X 2516603 2684657 2516603 2684657 3557134 3704611 168052 0 X 1 X 0 0 0 1964190 1964190 3517617 3360239 157378 933255 808500 124755 2246323 Deposits 20000 20000 X Part X, Line 2: The Organization is a not-for-profit corporation exempt from federal income taxes under Section 501(c) (7) of the Internal Revenue Code. On January 1, 2009, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely than not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Organization believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in material adverse effects on the Organization's financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions as of December 31, 2024. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization believes it is no longer subject to income tax examinations for years prior to 2017. The Organization's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively. Form 990, Part VI, Section B, line 11b A copy of the Organization's form 990 was provided to the officers of the Organization's governing body for review before the form was filed. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are vailable upon request.