Nonprofit · EIN 04-1271945
EASTERN YACHT CLUB
Tax-exempt · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $7,141,936 | $7,438,047 | -$296,111 | $1,026,242 | $2,864,656 | -$1,838,414 |
| October 31, 2024 | 990 | $7,249,092 | $6,575,043 | $674,049 | $1,012,418 | $2,554,721 | -$1,542,303 |
| October 31, 2023 | 990 (amended) | $6,557,869 | $6,404,067 | $153,802 | $830,798 | $3,047,150 | -$2,216,352 |
| October 31, 2021 | 990 | $5,347,477 | $6,491,128 | -$1,143,651 | $639,889 | $2,884,880 | -$2,244,991 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,696,455
- Investment income
- $0
- Net rental income
- $10,500
- Net income from sales of inventory
- $2,434,981
- Other revenue
- $2,445,481
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $335,624
- Other salaries and wages
- $2,982,286
- Salaries, compensation and benefits (total)
- $4,033,161
- Professional fundraising fees
- $0
- Legal fees
- $2,888
- Accounting fees
- $25,700
- Occupancy
- $365,041
Balance sheet and other
- Total assets, start of year
- $1,012,418
- Total assets, end of year
- $1,026,242
- Total liabilities, end of year
- $2,864,656
- Net assets, end of year
- -$1,838,414
- Net assets without donor restrictions
- -$1,838,414
- Gross unrelated business income
- $246,668
- Gross receipts
- $8,065,814
- Employees
- 224
- Volunteers
- 200
- Year formed
- 1871
- State of legal domicile
- MA
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JARED CHORNEY | GENERAL MANAGER Key employee | 40 | $305,045 | $24,363 |
| BRANDON FARRELL | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $167,968 | $12,658 |
| JAMES CORBIN | EXECUTIVE CHEF Highest-paid employee | 40 | $157,506 | $19,459 |
| ROBERTO DIAS | SOUS CHEF Highest-paid employee | 40 | $131,292 | $22,487 |
| JAMES MORSETT | MAINTENANCE MANAGER Highest-paid employee | 40 | $112,028 | $17,806 |
| PAULINE GORDON | CONTROLLER Highest-paid employee | 40 | $109,042 | $17,721 |
| P BRIAN GRAY | HOUSE COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| JUDSON AF SMITH | RACE COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| T CLARKE SMITH III | WATERFRONT COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| WILLIAM H LYNN | SAILING COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| ERIN M KIMBALL | POOL COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| IAN L WALKER | RACQUETS COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| HARLAN L STRADER JR | PLANNING COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| CHARLES H BERTRAND | ADMISSIONS COMMITTEE CHAIRMAN Trustee or director | 3 | $0 | $0 |
| GRETCHEN H CURTIS | MEMBER AT LARGE Trustee or director | 3 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN J CONNOLLY | MEMBER AT LARGE Trustee or director | 3 | $0 |
| ALAN L MCKINNON JR | COMMODORE Officer | 3 | $0 |
| LAURENCE W EHRHARDT | VICE COMMODORE Officer | 3 | $0 |
| KATHERINE J ANDREASEN | REAR COMMODORE Officer | 3 | $0 |
| JENNIFER M BORGGAARD | SECRETARY Officer | 3 | $0 |
| HENRY W NEWMAN | TREASURER Officer | 3 | $0 |
990 for the year ended October 31, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JARED CHORNEY | GENERAL MANAGER Key employee | 40 | $290,927 | $12,732 |
| BRANDON FARRELL | ASSISTANT GENERAL MANAGER Highest-paid employee | 40 | $163,238 | $9,458 |
| JAMES CORBIN | EXECUTIVE CHEF Highest-paid employee | 40 | $151,638 | $12,232 |
| ROBERTO DIAS | SOUS CHEF Highest-paid employee | 40 | $124,974 | $10,131 |
| JAMES MORSETT | MAINTENANCE MANAGER Highest-paid employee | 40 | $107,000 | $10,663 |
| PAULINE GORDON | CONTROLLER Highest-paid employee | 40 | $105,386 | $9,155 |
| PETER O FRISCH | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ALAN L MCKINNON JR | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| LARRY EHRHARDT | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| JENNIFER M BORGGAARD | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| HENRY W NEWMAN II | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BRIAN P GRAY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| CHARLES H BERTRAND | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JUDSON AF SMITH | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| IAN L WALKER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ERIN M KIMBALL | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| T CHARLES SMITH III | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JAMES M NOYES | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| TODD BARBERA | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DOUGLAS A ZURN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| WILLIAM H LYNN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
990 for the year ended October 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JARED CHORNEY | GENERAL MANAGER Key employee | 40 | $262,234 | $5,450 |
| BRANDON FARRELL | ASSISTANT GENERAL MANAGER Highest-paid employee | 40 | $154,441 | $8,843 |
| JAMES CORBIN | EXECUTIVE CHEF Highest-paid employee | 40 | $146,568 | $14,433 |
| ROBERTO DIAS | SOUS CHEF Highest-paid employee | 40 | $108,319 | $18,134 |
| PETER O FRISCH | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ALAN L MCKINNON JR | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| LARRY EHRHARDT | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| JENNIFER M BORGGAARD | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| HENRY W NEWMAN II | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BRIAN P GRAY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| CHRISTOPHER G LUBECK | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOHN V THOMPSON | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| STANLEY SCHREYER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| TALBOT M FALL | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| GRETCHEN CURTIS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JAMES M NOYES | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| CHARLES H BERTRAND | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| TODD BARBERA | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DOUGLAS A ZURN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
990 for the year ended October 31, 2021: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY WARGO | GENERAL MANAGER Key employee | 50 | $231,011 | $14,501 |
| BRANDON FARRELL | ASSISTANT GENERAL MANAGER Highest-paid employee | 50 | $149,010 | $4,173 |
| JAMES CORBIN | EXECUTIVE CHEF Highest-paid employee | 50 | $134,914 | $3,824 |
| HENRY G BRAUER | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| PETER O FRISCH | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ALAN L MCKINNON JR | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| FRANK MCNAMARA | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| HENRY W NEWMAN | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| CHERYL A BYRNE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JONATHAN W LUBECK | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SINAN KUNT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| KEVIN W QUINLAN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| AMY WALES GOCHMAN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOHN V THOMPSON | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JAMES M NOYES | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| REBECCA EHRHARDT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| CHARLES K PENDLETON | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ELIZABETH W PARKER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DOUGLAS A MORGAN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| PETER SCHWARZENBACH | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| PRISCILLA SCHWARZENBACH | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 47 FOSTER ST, MARBLEHEAD, MA 01945-3633
- In care of
- % PAULINE KACHOCKI
- Principal officer (990 for 2024)
- D WARD BLODGETT JR, 47 FOSTER STREET, MARBLEHEAD, MA 01945
- Signed the 990
- HENRY W NEWMAN, TREASURER
- Phone
- (781) 631-1400
- Website
- WWW.EASTERNYC.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
SEE SCHEDULE O.
Program accomplishments
- TAX EXEMPT CLUB ACTIVITIES
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 on file |
IRS record
- EIN
- 04-1271945
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,026,242
- Income (IRS master file)
- $8,065,814
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $7,141,936 | $7,438,047 | $1,026,242 | XML |
| 990 | October 2024 | $7,249,092 | $6,575,043 | $1,012,418 | XML |
| 990 | October 2023 | $6,557,869 | $6,404,067 | $830,798 | XML |
| 990 | October 2022 | $5,526,838 | $5,652,002 | $647,279 | IRS |
| 990 | October 2021 | $5,347,477 | $6,491,128 | $639,889 | XML |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 04-1271945).
Questions about EASTERN YACHT CLUB
- What is the EIN of EASTERN YACHT CLUB?
- The employer identification number (EIN) of EASTERN YACHT CLUB is 04-1271945.
- Is EASTERN YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
- Are donations to EASTERN YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EASTERN YACHT CLUB 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 EASTERN YACHT CLUB due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EASTERN YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of EASTERN YACHT CLUB?
- The 990 for the year ended October 31, 2025 names D WARD BLODGETT JR.
- Who are the officers and directors of EASTERN YACHT CLUB?
- The 990 for the year ended October 31, 2025 lists 21 people; 6 received compensation from the organization, the highest $305,045 (JARED CHORNEY, GENERAL MANAGER).
- How much revenue does EASTERN YACHT CLUB have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $7,141,936, expenses of $7,438,047 and total assets of $1,026,242 at year end.
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