2025-08-13T14:46:52-05:00 2024-09-30 222027092 WITHUM SMITH & BROWN 424 MAIN STREET SUITE 800 BUFFALO NY 142023508 990 2023-10-01 272275906 BUFFALO YACHT CLUB FOUNDATION BUFF 7168835900 ONE PORTER AVENUE BUFFALO NY 14201 CAROLYN MORRIS HUNT CURRENT PRESIDENT 7168835900 2025-08-13 1 0 MARY MADONIA P00405803 7168472651 2025-08-13 2023 2025-03-06 01:10:19Z CAROLYN MORRIS HUNT ONE PORTER AVENUE BUFFALO NY 14201 635697 0 X N/A X 2007 NY THE ORGANIZATION WAS FORMED TO PROMOTE PHYSICAL FITNESS, PERSONAL DEVELOPMENT, SELF-DISCIPLINE, TEAMWORK, AND WATER SAFETY BY CONDUCTING PROGRAMS TO COACH INDIVIDUAL MEMBERS OF THE GENERAL PUBLIC IN FUNDAMENTAL SAILING SKILLS. 9 9 0 9 0 0 55351 375790 178822 196966 10065 15912 0 24269 244238 612937 0 0 0 0 132001 160778 0 0 0 124643 114832 256644 275610 -12406 337327 352749 692500 16692 19116 336057 673384 X THE ORGANIZATION WAS FORMED TO PROMOTE PHYSICAL FITNESS, PERSONAL DEVELOPMENT, SELF-DISCIPLINE, TEAMWORK, AND WATER SAFETY BY CONDUCTING PROGRAMS TO COACH INDIVIDUAL MEMBERS OF THE GENERAL PUBLIC IN FUNDAMENTAL SAILING SKILLS. 0 0 275610 198681 TEACHING FUNDAMENTAL SAILING SKILLS THROUGH EDUCATIONAL PROGRAMS. 275610 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 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 X MICHAEL BARRY BOARD MEMBER/PRESIDENT 1.00 X X 0 0 0 GAIL MACCLEVERTY BOARD MEMBER/TREASURER 1.00 X X 0 0 0 DAVID WOOLLATT BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 WILLIAM BREDENBURG BOARD MEMBER 1.00 X 0 0 0 JAMES KULWICKI BOARD MEMBER 1.00 X 0 0 0 EUGENE O'NEILL BOARD MEMBER 1.00 X 0 0 0 PETER GODFREY BOARD MEMBER 1.00 X 0 0 0 CHARLES G OBERSHEIMER BOARD MEMBER 1.00 X 0 0 0 CAROLYN MORRIS HUNT BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 375790 375790 SUMMER CAMP 713910 146781 146781 SAILING 713910 50185 50185 196966 15912 15912 47029 22760 24269 24269 612937 196966 0 40181 144445 144445 16333 16333 3900 3900 412 412 4666 4666 3498 3498 20567 20567 16266 16266 REPAIRS AND MAINTENANCE 33396 33396 BOATING EXPENSE 17258 17258 CREDIT CARD FEES 9303 9303 PAYROLL SERVICE FEE 1927 1927 3639 3639 275610 275610 0 0 231267 492715 14430 0 526712 328320 87883 198392 19169 1393 352749 692500 1782 16692 17334 16692 19116 X 268784 437019 67273 236365 336057 673384 352749 692500 337327 0 X X 1 X 0 1 0 X 12970 26820 24899 55351 375790 495830 178822 196966 375788 47029 47029 12970 26820 24899 234173 619785 918647 0 0 0 918647 577 555 873 10065 15912 27982 577 555 873 10065 15912 27982 14421 14421 13547 27375 40193 244238 635697 961050 0.95590 0.91280 0.02910 0.03760 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2021 AMOUNT: $ 14,421. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 425636 328320 97316 101076 101076 198392 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. A TAX LIABILITY FROM AN UNCERTAIN TAX POSITION (ONE THAT MAY CAUSE THE FOUNDATION 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 FOUNDATION RECORDED NO SUCH LIABILITIES FOR THE YEAR ENDED SEPTEMBER 30, 2024 AND 2023. FOUNDATION BANQUET 47029 47029 22760 47029 47029 22760 22760 24269 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 INTERNAL REVENUE SERVICE. 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 XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS AND THE INDEPENDENT ACCOUNTANT SELECTION PROCESS HAVE NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, LINES 12C-14: THE ORGANIZATION IS CURRENTLY CONSIDERING THE IMPLEMENTATION OF A DOCUMENT RETENTION POLICY. BUFFALO YACHT CLUB INC 1 PORTER AVE BUFFALO NY 14201 160368750 PRIVATE SOCIAL CLUB PROMOTING YACHTING ADN OTHER AQUATIC SPORTS. NY 501(C)(7) N/A N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0