2026-09-09T13:36:06-05:00 2025-10-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2024-11-01 041271945 EASTERN YACHT CLUB EAST 7816311400 47 FOSTER STREET MARBLEHEAD MA 01945 HENRY W NEWMAN TREASURER 7816311400 2026-09-02 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2024 D WARD BLODGETT JR 47 FOSTER STREET MARBLEHEAD MA 01945 8065814 0 X WWW.EASTERNYC.ORG X 1871 MA CLUB WAS ORGANIZED TO PROMOTE SOCIAL RECREATION AND TO ENCOURAGE SAILING AND YACHTING ACTIVITIES. THE CLUB ALSO MAINTAINS CLUBHOUSE FOR THE USE AND ENJOYMENT OF THE MEMBERSHIP. 18 18 224 200 246668 8500 0 0 4561256 4696455 0 0 2687836 2445481 7249092 7141936 0 0 0 0 3925990 4033161 0 0 0 2649053 3404886 6575043 7438047 674049 -296111 1012418 1026242 2554721 2864656 -1542303 -1838414 X SEE SCHEDULE O. 0 0 TAX EXEMPT CLUB ACTIVITIES 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 24 0 1 224 1 1 1 0 0 0 0 878757 283163 0 0 0 X 18 18 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 X D WARD BLODGETT JR THE CLUB 7816311400 47 FOSTER STREET MARBLEHEAD MA 01945 X P BRIAN GRAY HOUSE COMMITTEE CHAIRMAN 3.00 X 0 0 0 JUDSON AF SMITH RACE COMMITTEE CHAIRMAN 3.00 X 0 0 0 T CLARKE SMITH III WATERFRONT COMMITTEE CHAIRMAN 3.00 X 0 0 0 WILLIAM H LYNN SAILING COMMITTEE CHAIRMAN 3.00 X 0 0 0 ERIN M KIMBALL POOL COMMITTEE CHAIRMAN 3.00 X 0 0 0 IAN L WALKER RACQUETS COMMITTEE CHAIRMAN 3.00 X 0 0 0 HARLAN L STRADER JR PLANNING COMMITTEE CHAIRMAN 3.00 X 0 0 0 CHARLES H BERTRAND ADMISSIONS COMMITTEE CHAIRMAN 3.00 X 0 0 0 GRETCHEN H CURTIS MEMBER AT LARGE 3.00 X 0 0 0 STEPHEN J CONNOLLY MEMBER AT LARGE 3.00 X 0 0 0 ALAN L MCKINNON JR COMMODORE 3.00 X 0 0 0 LAURENCE W EHRHARDT VICE COMMODORE 3.00 X 0 0 0 KATHERINE J ANDREASEN REAR COMMODORE 3.00 X 0 0 0 JENNIFER M BORGGAARD SECRETARY 3.00 X 0 0 0 HENRY W NEWMAN TREASURER 3.00 X 0 0 0 JARED CHORNEY GENERAL MANAGER 40.00 X 305045 0 24363 BRANDON FARRELL DIRECTOR OF OPERATIONS 40.00 X 167968 0 12658 JAMES CORBIN EXECUTIVE CHEF 40.00 X 157506 0 19459 JAMES MORSETT MAINTENANCE MANAGER 40.00 X 112028 0 17806 PAULINE GORDON CONTROLLER 40.00 X 109042 0 17721 ROBERTO DIAS SOUS CHEF 40.00 X 131292 0 22487 982881 0 114494 6 0 1 0 0 MEMBERSHIP DUES 713910 3817698 3817698 CAPITAL ASSESSMENTS 713910 552882 552882 ENTRANCE FEES 713910 325875 325875 4696455 10500 0 10500 10500 10500 3358859 923878 2434981 2198813 236168 7141936 6895268 246668 0 335624 2982286 54209 250829 410213 2888 25700 121115 138988 75953 365041 85582 235602 UNRELATED BUS. INC. TAX 11207 CAPITAL EXPENDITURES 915256 OTHER DEPTS OPERATIONS 719632 CLUBHOUSE OPERATIONS 354684 353238 7438047 78519 44595 8268 936 520484 544799 372488 402928 32659 32984 1012418 1026242 267263 320198 1371343 1329482 916115 1214976 2554721 2864656 X -1542303 -1838414 -1542303 -1838414 1012418 1026242 -296111 0 X 0 1 X 1 0 0 0 EMPLOYEE FUND 930 LINE OF CREDIT 1214046 1214976 8065814 923878 923878 7141936 0 7141936 8361925 923878 923878 7438047 0 7438047 PART III, LINE 1A: THE EASTERN YACHT CLUB DOES NOT CAPITALIZE ANY FIXED ASSETS. HISTORICAL TREASURES PRIMARILY CONSIST OF PAINTINGS AND TROPHIES ACQUIRED OVERTIME EITHER PURCHASED BY THE CLUB OR DONATED BY MEMBERS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 923,878. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 923,878. X X 1 1 X 0 0 0 JARED CHORNEY GENERAL MANAGER 269384 0 30000 0 5661 0 10688 0 13675 0 329408 0 0 0 BRANDON FARRELL DIRECTOR OF OPERATIONS 150159 0 17500 0 309 0 5969 0 6689 0 180626 0 0 0 JAMES CORBIN EXECUTIVE CHEF 145506 0 12000 0 0 0 5784 0 13675 0 176965 0 0 0 ROBERTO DIAS SOUS CHEF 123292 0 8000 0 0 0 3698 0 18789 0 153779 0 0 0 WILLIAM C BURKE III BOARD MEMBER 229693 INSURANCE AGENT 0 ALAN L MCKINNON JR BOARD MEMBER 5600 DIRECTOR OF A MARINE SUPPLY COMPANY 0 STEPHEN JAY CONNOLLY BOARD MEMBER 54992 PRESIDENT OF A CONSTRUCTION COMPANY 0 BRIAN P GRAY BOARD MEMBER 53570 PRESIDENT/OWNER OF A BOAT BUILDING AND MAINTENANCE COMPANY 0 PART III - LINE 1 THE EASTERN YACHT CLUB (THE "CLUB") PROVIDES QUALITY HOSPITALITY AND MEET THE NEEDS OF MEMBERS. TO OFFER RECREATION AND ENCOURAGE YACHT RACING, NAVAL ARCHITECTURE, AND THE CULTIVATION OF NAUTICAL SCIENCE WITH ALL THE PRIVILEGES, AND SUBJECT TO ALL THE DUTIES, RESTRICTIONS AND LIABILITIES SET FORTH IN THE GENERAL LAWS WHICH ARE APPLICABLE TO SUCH CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 THE EASTERN YACHT CLUB WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY SHALL BE ELECTED BY MEMBERS AT THE THIRD GENERAL MEETING IN EACH YEAR TO TAKE OFFICE ON THE FIRST DAY OF NOVEMBER OF THAT YEAR AND SHALL HOLD OFFICE FOR ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7B BY-LAW AMENDMENTS AND NEW BY-LAW DECISIONS MADE BY THE GOVERNING BODY MUST BE APPROVED BY MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B EACH COMMITTEE VARIES IN SIZE AND THE LENGTH OF ITS MEETINGS. THE CHAIR MAY DECIDE TO DOCUMENT THE MEETING OR NOT TO DOCUMENT THE MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB HAS A LIMITED CONFLICT OF INTEREST POLICY AND EMPLOYEES ARE ASKED TO ACKNOWLEDGE THE POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 IN DETERMINING THE COMPENSATION OF THE GENERAL MANAGER, THE CLUB'S INDEPENDENT AUDITORS WOULD BE CONTACTED TO OBTAIN COMPARABILITY DATA. THE DATA IS REVIEWED AND DELIBERATED BY THE CLUB'S FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.