2025-08-15T11:32:53-05:00 2024-09-30 222027092 WITHUM SMITH & BROWN 424 MAIN STREET SUITE 800 BUFFALO NY 142023508 990 2023-10-01 160368750 BUFFALO YACHT CLUB BUFF 7168835900 ONE PORTER AVENUE BUFFALO NY 14201 JACK MEHLTRETTER BOARD TREASURER 7168835900 2025-08-15 1 0 MARY MADONIA P00405803 7168472651 2025-08-15 2023 2025-03-06 01:10:19Z CHRISTINA BENNETT ONE PORTER AVENUE BUFFALO NY 14201 2161983 0 X WWW.BUFFALOYACHTCLUB.ORG X 1860 NY THE BUFFALO YACHT CLUB IS A SOCIAL CLUB. THE CLUB PROVIDES MEMBERS, THEIR FAMILIES, AND THEIR GUESTS WITH FACILTIES WHICH ENCOURAGE AND DEVELOP YACHTING AND OTHER AQUATIC SPORTS, AS WELL AS OTHER LEISURE TIME ACTIVITIES AND ENTERTAINMENT. THE BUFFALO YACHT CLUB IS THE ONLY TWELVE-MONTH, PRIVATE YACHT CLUB THAT ENJOYS TWO LOCATIONS IN TWO COUNTRIES AND IS SAID TO BE THE 3RD OLDEST YACHT CLUB IN AMERICA, BEING FORMED IN 1860. 12 12 66 120 7218 0 0 16095 1146205 1275009 -15030 -5205 355432 -323888 1486607 962011 0 0 0 0 335783 495334 0 0 0 856270 991348 1192053 1486682 294554 -524671 3620600 3118539 340089 352276 3280511 2766263 X THE BUFFALO YACHT CLUB IS A SOCIAL CLUB. THE CLUB PROVIDES MEMBERS, THEIR FAMILIES, AND THEIR GUESTS WITH FACILTIES WHICH ENCOURAGE AND DEVELOP YACHTING AND OTHER AQUATIC SPORTS, AS WELL AS OTHER LEISURE TIME ACTIVITIES AND ENTERTAINMENT. THE BUFFALO YACHT CLUB IS THE ONLY TWELVE-MONTH, PRIVATE YACHT CLUB THAT ENJOYS TWO LOCATIONS IN TWO COUNTRIES AND IS SAID TO BE THE 3RD OLDEST YACHT CLUB IN AMERICA, BEING FORMED IN 1860. 0 0 943976 PROVISION OF WATER ACCESS AND DINING FACILITIES TO CLUB MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 16 0 1 66 1 1 1 1 CA 0 0 0 260897 11101 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 0 0 0 NY X X THE ORGANIZATION 7168835900 ONE PORTER AVENUE BUFFALO NY 14201 KEVIN OSINSKI BOARD MEMBER 1.00 X 0 0 0 PAUL GRENAUER BOARD MEMBER 1.00 X 0 0 0 THEODORE JOHNSON BOARD MEMBER 1.00 X 0 0 0 SARA HANAVAN DZIADZIO BOARD MEMBER 1.00 X 0 0 0 JONATHAN JOHNSEN BOARD MEMBER/VICE COMMODORE 2.00 X X 0 0 0 DONNA ATKINSON BOARD MEMBER/REAR COMMODORE 2.00 X X 0 0 0 KIM RENYOLDS BOARD MEMBER/FLEET CAPTAIN 2.00 X X 0 0 0 MIKE KRAFT BOARD MEMBER/COMMODORE 2.00 X X 0 0 0 JACK MEHLTRETTER BOARD MEMBER/TREASURER 2.00 X X 0 0 0 JOHN COSMANN BOARD MEMBER/SECRETARY 2.00 X X 0 0 0 BRAD JONES BOARD MEMBER 1.00 X 0 0 0 JENNIFER KLOCK BOARD MEMBER 1.00 X 0 0 0 SALVATORE DEPASQUALE CLUB GENERAL MANAGER (TO 2/2024) 40.00 X 91972 0 0 CHRISTINA BENNETT CLUB GENERAL MANAGER (FROM 2/2024) 40.00 X 0 0 0 91972 0 0 0 0 0 0 BUFFALO MARINE CONSTRUCTION LLC 2174 WEST OAKFIELD ROAD GRAND ISLAND NY 14072 CONSTRUCTION 160526 1 16095 16095 DUES & OTHER MEMBER SERVICES 713910 1014112 1014112 INITIATION FEES & CAPITAL ASSESSM 713910 260897 260897 1275009 73 73 5278 -5278 -5278 -5278 863088 1194694 -331606 -331033 -573 MISCELLANEOUS REVENUES 900099 7718 7718 7718 962011 943976 7218 -5278 91972 310691 49435 43236 127761 25374 5170 255789 132624 REPAIRS & MAINTENANCE 131455 UTILITIES 125711 TAXES, LICENSES AND PER 77589 OFFICER/DIRECTOR EXPENS 13206 96669 1486682 366546 91656 74080 29140 195163 118518 46266 49306 76293 53410 8539618 5763109 2862252 2776509 3620600 3118539 98244 198371 59226 19580 182619 134325 340089 352276 X 3180511 2666263 100000 100000 3280511 2766263 3620600 3118539 X -524671 10423 X X 1 X 0 1 0 119616 119616 3193931 2186101 1007830 5226071 3577008 1649063 2776509 BOND PAYABLE 125589 LEASE PAYABLE - CANADA 8736 134325 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS EXEMPTED THE CLUB FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. A TAX LIABILITY FROM UNCERTAIN TAX POSITION (ONE THAT MAY CAUSE THE CLUB TO BE SUBJECT TO UNINCORPORATED BUSINESS INCOME TAX OR TO LOSE ITS TAX EXEMPT STATUS) MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE CLUB RECORDED NO LIABILITIES FOR THE YEARS ENDED SEPTEMBER 30, 2024. CANADA 1 5 PROGRAM SERVICES THE CLUB PROVIDES MEMBERS, THEIR FAMILIES, AND THEIR GUESTS FACILITIES FOR LEISURE TIME ACTIVITIES AND ENTERTAINMENT AT PORT ABINO, ONTARIO. 242323 1 5 0 0 1 5 242323 0 242323 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A SOCIAL CLUB THAT HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERSHIP ELECTS THE CLUB'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ANY EXPENDITURES GREATER THAN $40,000 MUST BE APPROVED BY ALL VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE, INDEPENDENT ACCOUNTING FIRM. A DRAFT OF THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN WITH THE ENTIRE BOARD OF DIRECTORS. ONCE THE DRAFT IS APPROVED, IT IS PROMPTLY FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS AT THE ORGANIZATION'S PRIMARY LOCATION. FORM 990, PART XI, LINE 9: CANADIAN CURRENCY TRANSLATION EXPENSE 10,423. FORM 990, PART VI, LINES 12C-14: THE ORGANIZATION IS CURRENTLY CONSIDERING THE IMPLEMENTATION OF A DOCUMENT RETENTION POLICY. BUFFALO YACHT CLUB FOUNDATION 1 PORTER AVE BUFFALO NY 14201 272275906 TO TEACH FUNDAMENTAL SAILING SKILLS THROUGH EDUCATIONAL PROGRAMS. NY 501(C)(3) LINE #9 BUFFALO YACHT CLUB 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0