Nonprofit · EIN 02-0394806
MOUNTAIN VIEW YACHT CLUB INCORPORATED
Tax-exempt · GILFORD, NH 03249
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $772,958 | $579,429 | $193,529 | $3,701,483 | $543,026 | $3,158,457 |
| December 31, 2023 | 990 | $688,654 | $529,730 | $158,924 | $3,750,695 | $772,195 | $2,978,500 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $856,174
- Investment income
- $16,431
- Net rental income
- -$104,262
- Other revenue
- -$99,647
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,731
- Accounting fees
- $22,723
- Occupancy
- $225,160
- Depreciation
- $256,281
Balance sheet and other
- Total assets, start of year
- $3,750,695
- Total assets, end of year
- $3,701,483
- Total liabilities, end of year
- $543,026
- Net assets, end of year
- $3,158,457
- Land, buildings and equipment
- $3,354,193
- Net assets without donor restrictions
- $3,158,457
- Gross unrelated business income
- $58,251
- Gross receipts
- $889,220
- Employees
- 0
- Volunteers
- 11
- Year formed
- 1985
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL LUONGO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARK MURPHY | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MEREDITH CAGGIANO | TREASURER Officer | 1 | $0 |
| CHARLES ANGIOLILLO | DIRECTOR Trustee or director, Officer | 1 | $0 |
| COSMO DESANTIS | DIRECTOR Trustee or director | 0.5 | $0 |
| JOE RICCI | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK DINAPOLI | DIRECTOR Trustee or director | 0.5 | $0 |
| KATHY AHLIN | DIRECTOR / S Trustee or director | 0.5 | $0 |
| CARLOS OBREGON | DIRECTOR Trustee or director | 0.5 | $0 |
| RICK EDSON | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES ANGIOLILLO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PAUL LUONGO | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MARK MURPHY | SECRETARY Trustee or director, Officer | 1 | $0 |
| MEREDITH CAGGIANO | TREASURER Officer | 1 | $0 |
| COSMO DESANTIS | DIRECTOR Trustee or director | 0.5 | $0 |
| JOE RICCI | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK DINAPOLI | DIRECTOR Trustee or director | 0.5 | $0 |
| KATHY AHLIN | DIRECTOR Trustee or director | 0.5 | $0 |
| CARLOS OBREGON | DIRECTOR Trustee or director | 0.5 | $0 |
| RICK EDSON | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 73 WEIRS RD, GILFORD, NH 03249-6667
- Principal officer (990 for 2024)
- PAUL LUONGO, 73 WEIRS ROAD, GILFORD, NH 03249
- Signed the 990
- PAUL LUONGO, PRESIDENT
- Phone
- (603) 293-0059
- Website
- WWW.MVYC.BIZ
- Return prepared by
- MALONE DIRUBBO & COMPANY PC
Mission
FORMED EXCLUSIVELY FOR EDUCATIONAL AND RECREATIONAL PURPOSES TO ENCOURAGE THE SPORT OF BOATING AND THE SCIENCE OF SEAMANSHIP AND NAVIGATION AND TO PROVIDE AND MAINTAIN A SUITABLE RECREATIONAL FACILITY FOR ITS MEMBERS.
Program accomplishments
- SUPPORT OF EDUCATIONAL AND RECREATIONAL ACTIVITIES AS THEY RELATE TO THE SPORT OF BOATING. MAINTENANCE AND CARE OF CLUB FACILITIES.Expenses $643,500 · revenue $856,174
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0394806
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,701,483
- Income (IRS master file)
- $889,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $772,958 | $579,429 | $3,701,483 | XML |
| 990 | December 2023 | $688,654 | $529,730 | $3,750,695 | XML |
| 990 | December 2022 | $625,282 | $544,335 | $3,768,552 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0394806).
Questions about MOUNTAIN VIEW YACHT CLUB INCORPORATED
- What is the EIN of MOUNTAIN VIEW YACHT CLUB INCORPORATED?
- The employer identification number (EIN) of MOUNTAIN VIEW YACHT CLUB INCORPORATED is 02-0394806.
- Is MOUNTAIN VIEW YACHT CLUB INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1990.
- Are donations to MOUNTAIN VIEW YACHT CLUB INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOUNTAIN VIEW YACHT CLUB INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MOUNTAIN VIEW YACHT CLUB INCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNTAIN VIEW YACHT CLUB INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MOUNTAIN VIEW YACHT CLUB INCORPORATED?
- The 990 for the year ended December 31, 2024 names PAUL LUONGO.
- Who are the officers and directors of MOUNTAIN VIEW YACHT CLUB INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does MOUNTAIN VIEW YACHT CLUB INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $772,958, expenses of $579,429 and total assets of $3,701,483 at year end.
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