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Summer Magic

We host the region's biggest, best junior sailing program. Give them the most unforgettable summer of their lives.

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Before You Know It

You'll be leaving on the Queen's Cup. Departing June 22nd from Milwaukee Bay for Grand Haven, MI. Join our resurgent fleet.

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Join The Gang

Our Power Boaters' Fleet wants you as a member. It's a fun group with an active schedule of events year-round.

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What's Inside?

Hundreds of new friends. And, the warmest, most inclusive member experience of any yacht club on the Great Lakes.

Statements Pass GAAP Muster

By Jane Durment, Audit Committee Chair

The financial review for SSYC’s year ending December 2014 has been completed with good results. Thanks to management and staff for your work in support. GM Pat Nora and accountant Joena Vitale have greatly enhanced our process over the last few years, implementing all of the recommendations from RitzHolman, our independent CPA firm.

In their review RitzHolman found that our financial statements conform to the “Statements on Standards for Accounting and Review Services” issued by the American Institute of Certified Public Accountants. In lay terms, we can now assure our members and the outside world that we follow generally accepted accounting principles for the U.S. (GAAP).

RitzHolman also performed testing of our internal controls relative to restaurant & bar cash procedures, ATM cash procedures, timely posting and deposits of payments, reconciliation process, authorization process and sampling of expenses for proper documentation. They also reviewed our non-standard journal entries from 2014, due in part to our change in chart of accounts following our software upgrade.

The results of testing were good. Recommendations made a year previously were verified as being firmly in place. RitzHolman’s recommendations for this year include implementation of a journal entry authorization process, a gift certificate tracking process and filing of pay rate authorizations. The full report, including the reviewed financial statements, is available to members through the office. The Audit Committee will go out for competitive bid for next year’s financial review.

 

Happenings

Sun, Dec 17
Grill Closes @ 7pm
Mon, Dec 18
Club Closed
Tue, Dec 19
Board Mtg
Tue, Dec 19
Club Opens @ 4pm
Tue Dec 19 @05:00PM
Taco Night

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