TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202111269349301581 - Submission: 2021-05-06 TIN: 21-0651874

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

SHREWSBURY RIVER YACHT CLUB

Employer identification number

21-0651874

Return Reference	Explanation
Members or stockholder classes and rights Part VI line 6	WE ARE ORGANIZED WITH MEMBERS. OUR ORGANIZATION OFFERS JUNIOR MEMBERSHIP AND ACTIVE MEMBERSHIP TO ITS MEMBERS IN EXCHANGE FOR INITIATION FEES AND ANNUAL DUES. THE ORGANIZATION IS LED BY SIX OFFICERS AND SIX GOVERNORS, COLLECTIVELY THE BOARD OF GOVERNORS. THE OFFICERS AND BOARD OF GOVERNERS ARE SELECTED BY A NOMINATING COMMITTEE CONSISTING OF CURRENT MEMBERS OF THE ORGANIZATION. THEY ARE ELECTED AT THE ANNUAL MEETING BY THE MEMBERS.
Member election for additional members Part VI line 7a	ALL CANDIDATES FOR ADMISSION TO ACTIVE OR JUNIOR MEMBERSHIP MUST PERSONALLY COMPLETE AN APLICATION FOR MEMBERSHIP AND MUST BE PROPOSED BY ONE MEMBER AND SECONDED BY ANOTHER MEMBER. THE CANDIDATE AND HIS/HER SPOUSE MUST HAVE MET AND BEEN ACQUAINTED WITH AT LEAST 6 MEMBERS OF THE BOARD OF GOVERNORS. THE CANDIDATE IS ALSO INTERVIEWED AND THE NAMES OF ALL THE CANDIDATES ARE MAILED TO ALL MEMBERS FOR WRITTEN COMMENTS. THE ORGANIZATION HOLDS AT LEAST THREE GENERAL MEMBERSHIP MEETINGS EACH YEAR, ONE OF WHICH BEING THE ANNUAL MEETING. AT THE ANNUAL MEETING, THE MEMBERS VOTE ON THE CANDIDATES FOR OFFICE BY BALLOT.
Governing body decisions Part VI line 7b	THE OFFICERS AND THE BOARD OF GOVERNORS HAVE SOLE AUTHORITY IN THE MANAGEMENT, FINANCES, AND CONTROL OF THE ORGANIZATION AND ITS PROPERTY. NO FUNDS ARE DISBURSED WITHOUT THE APPROVAL OF THE BOARD OF GOVERNORS. ALL BUSINESS CONDUCTED BY THE BOARD OF GOVERNORS IS REPORTED UPON AT THE GENERAL MEMBERSHIP MEETINGS. THE ELECTION OF OFFICERS IS SUBJECT TO BALLOT VOTING BY THE MEMBERS AT THE ANNUAL MEMBERSHIP MEETING.
Form 990 governing body review Part VI line 11	THE OUTSIDE ACCOUNTING FIRM HAS THE PRIMARY RESPOBSIBILITY TO ENSURE FORM 990 IS ACCURATELY PREPARED. THE TREASURER IS PROVIDED WITH A COPY OF FORM 990 TO REVIEW. ONCE THE TREASURER HAS COMPLETED HIS REVIEW OF FORM 990 IT IS FILED.
Governing documents etc available to public Part VI line 19	THE ORGANIZATIONS GOVERNING DOCUMENTS ARE HELD AT THE ORGANIZATIONS OFFICES AND ARE MADE AVAILABLE UPON REQUEST.
Explanation of other changes in net assets or fund balances Part XI line 9	ROUNDING

Return Reference

Explanation

Members or stockholder classes and rights Part VI line 6

WE ARE ORGANIZED WITH MEMBERS. OUR ORGANIZATION OFFERS JUNIOR MEMBERSHIP AND ACTIVE MEMBERSHIP TO ITS MEMBERS IN EXCHANGE FOR INITIATION FEES AND ANNUAL DUES. THE ORGANIZATION IS LED BY SIX OFFICERS AND SIX GOVERNORS, COLLECTIVELY THE BOARD OF GOVERNORS. THE OFFICERS AND BOARD OF GOVERNERS ARE SELECTED BY A NOMINATING COMMITTEE CONSISTING OF CURRENT MEMBERS OF THE ORGANIZATION. THEY ARE ELECTED AT THE ANNUAL MEETING BY THE MEMBERS.

Member election for additional members Part VI line 7a

ALL CANDIDATES FOR ADMISSION TO ACTIVE OR JUNIOR MEMBERSHIP MUST PERSONALLY COMPLETE AN APLICATION FOR MEMBERSHIP AND MUST BE PROPOSED BY ONE MEMBER AND SECONDED BY ANOTHER MEMBER. THE CANDIDATE AND HIS/HER SPOUSE MUST HAVE MET AND BEEN ACQUAINTED WITH AT LEAST 6 MEMBERS OF THE BOARD OF GOVERNORS. THE CANDIDATE IS ALSO INTERVIEWED AND THE NAMES OF ALL THE CANDIDATES ARE MAILED TO ALL MEMBERS FOR WRITTEN COMMENTS. THE ORGANIZATION HOLDS AT LEAST THREE GENERAL MEMBERSHIP MEETINGS EACH YEAR, ONE OF WHICH BEING THE ANNUAL MEETING. AT THE ANNUAL MEETING, THE MEMBERS VOTE ON THE CANDIDATES FOR OFFICE BY BALLOT.

Governing body decisions Part VI line 7b

THE OFFICERS AND THE BOARD OF GOVERNORS HAVE SOLE AUTHORITY IN THE MANAGEMENT, FINANCES, AND CONTROL OF THE ORGANIZATION AND ITS PROPERTY. NO FUNDS ARE DISBURSED WITHOUT THE APPROVAL OF THE BOARD OF GOVERNORS. ALL BUSINESS CONDUCTED BY THE BOARD OF GOVERNORS IS REPORTED UPON AT THE GENERAL MEMBERSHIP MEETINGS. THE ELECTION OF OFFICERS IS SUBJECT TO BALLOT VOTING BY THE MEMBERS AT THE ANNUAL MEMBERSHIP MEETING.

Form 990 governing body review Part VI line 11

THE OUTSIDE ACCOUNTING FIRM HAS THE PRIMARY RESPOBSIBILITY TO ENSURE FORM 990 IS ACCURATELY PREPARED. THE TREASURER IS PROVIDED WITH A COPY OF FORM 990 TO REVIEW. ONCE THE TREASURER HAS COMPLETED HIS REVIEW OF FORM 990 IT IS FILED.

Governing documents etc available to public Part VI line 19

THE ORGANIZATIONS GOVERNING DOCUMENTS ARE HELD AT THE ORGANIZATIONS OFFICES AND ARE MADE AVAILABLE UPON REQUEST.

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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