TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202133339349300703 - Submission: 2021-11-26 TIN: 16-1662177

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

OTSEGO SAILING CLUB

Employer identification number

16-1662177

Return Reference	Explanation
Form 990, Part III, Line 3	Due to COVID-19 concerns, we did not offer any sailing instruction during 2020.
Form 990, Part VI, Section A, Line 6	The organization has members who are sailboat owners or others with a mutual interest in sailing.
Form 990, Part VI, Section A, Line 7a	Governing body officers are elected by a majority vote of regular members at our annual meeting.
Form 990, Part VI, Section A, Line 7b	Per by-laws, all business and property of the organization are managed by the governing body elected by the membership. The following exceptions require vote of the membership: (a) amendment of the certificate of incorporation by-laws. (b) The sale of real property. (c) the borrowing of money above 75% of the average revenue the previous three years, with the understanding that any loan be restricted to the purchase of real property or capital equipment.
Form 990, Part VI, Section B, Line 11b	Document was reviewed and approved by the Board of Directors at a board meeting.
Form 990, Part VI, Section B, Line 12c	Board members are required to annually disclose any potential conflicts of interest. The remaining members of the board determine what actions should be taken to avoid or manage the conflict of interest.
Form 990, Part VI, Section B, Line 15	No board member is compensated for their service to the organization as a board member. Salaries for Sailing School Instructor, Sailing Assistant, Sailing Associate and Sailing Camp Activities Director are regularly updated and are standardized. We utilize information from other sailing schools in the area as well as recreational camps.
Form 990, Part VI, Section C, Line 18	Form 990 and policies are available to the public upon request. Form 990 is available to the public at guidestar.com.
Form 990, Part VI, Section C, Line 19	Policies are available to the public upon request.
Form 990, Part IX, Line 24e	Pavilion - 3416 Social & School Tax - 5483 Facilities - 7841 Race & Misc. - 1227

Return Reference

Explanation

Form 990, Part III, Line 3

Due to COVID-19 concerns, we did not offer any sailing instruction during 2020.

Form 990, Part VI, Section A, Line 6

The organization has members who are sailboat owners or others with a mutual interest in sailing.

Form 990, Part VI, Section A, Line 7a

Governing body officers are elected by a majority vote of regular members at our annual meeting.

Form 990, Part VI, Section A, Line 7b

Per by-laws, all business and property of the organization are managed by the governing body elected by the membership. The following exceptions require vote of the membership: (a) amendment of the certificate of incorporation by-laws. (b) The sale of real property. (c) the borrowing of money above 75% of the average revenue the previous three years, with the understanding that any loan be restricted to the purchase of real property or capital equipment.

Form 990, Part VI, Section B, Line 11b

Document was reviewed and approved by the Board of Directors at a board meeting.

Form 990, Part VI, Section B, Line 12c

Board members are required to annually disclose any potential conflicts of interest. The remaining members of the board determine what actions should be taken to avoid or manage the conflict of interest.

Form 990, Part VI, Section B, Line 15

No board member is compensated for their service to the organization as a board member. Salaries for Sailing School Instructor, Sailing Assistant, Sailing Associate and Sailing Camp Activities Director are regularly updated and are standardized. We utilize information from other sailing schools in the area as well as recreational camps.

Form 990, Part VI, Section C, Line 18

Form 990 and policies are available to the public upon request. Form 990 is available to the public at guidestar.com.

Form 990, Part VI, Section C, Line 19

Policies are available to the public upon request.

Form 990, Part IX, Line 24e

Pavilion - 3416 Social & School Tax - 5483 Facilities - 7841 Race & Misc. - 1227

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

Software ID:	20012124
Software Version:	v1.00