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Nonprofit · EIN 04-1490645

JUBILEE YACHT CLUB INC

Tax-exempt · BEVERLY, MA 01915

Financials

$1.2M$1.1M2022$1.2M$1.3M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of JUBILEE YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,236,866$1,215,123$21,743$2,126,084$119,857$2,006,227
September 30, 2024990$1,168,409$1,293,735-$125,326$2,097,897$113,413$1,984,484
September 30, 2023990$1,192,347$1,073,455$118,892$2,152,226$42,416$2,109,810
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$298,110
Membership dues
$298,110
Program service revenue
$807,672
Investment income
$11,883
Net income from sales of inventory
$65,208
Other revenue
$119,201

Expenses

Grants and similar amounts paid
$4,000
Compensation of officers, directors and key employees
$26,793
Salaries, compensation and benefits (total)
$413,358
Professional fundraising fees
$0
Accounting fees
$19,423
Occupancy
$336,646
Depreciation
$145,445
Program services (functional)
$1,050,901
Management and general (functional)
$164,222

Balance sheet and other

Total assets, start of year
$2,097,897
Total assets, end of year
$2,126,084
Total liabilities, end of year
$119,857
Net assets, end of year
$2,006,227
Land, buildings and equipment
$1,639,507
Net assets without donor restrictions
$2,006,227
Gross unrelated business income
$61,119
Gross receipts
$1,674,006
Employees
60
Year formed
1896
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
THOMAS PATROLIASECRETARY
Officer
1$14,929
ANTHONY DRAGONETTIREAR COMMODO
Officer
1$9,128
JOHN WILSONVICE COMMODO
Officer
1$2,332
GEORGE STAIRSPAST COMMODO
Trustee or director
1$404
MICHAEL COUGHLINDIRECTOR
Trustee or director
–$0
CHUCK TWOMBLY IVDIRECTOR
Trustee or director
–$0
JAN MACNEILLDIRECTOR
Trustee or director
–$0
BRIAN PEARSONDIRECTOR
Trustee or director
–$0
BART WELDONDIRECTOR
Trustee or director
–$0
JULIE FEMINOCOMMODORE, C
Officer
–$0
JOHN A O'NEILPURSER
Officer
–$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensation
THOMAS PATROLIASECRETARY
Officer
1$19,767
ANTHONY DRAGONETTIREAR COMMODO
Officer
1$7,185
JOHN WILSONVICE COMMODO
Officer
1$1,775
GEORGE STAIRSPAST COMMODO
Trustee or director
1$1,201
MICHAEL COUGHLINDIRECTOR
Trustee or director
–$0
CHUCK TWOMBLY IVDIRECTOR
Trustee or director
–$0
JAN MACNEILLDIRECTOR
Trustee or director
–$0
BRIAN PEARSONDIRECTOR
Trustee or director
–$0
BART WELDONDIRECTOR
Trustee or director
–$0
JULIE FEMINOCOMMODORE, C
Officer
–$0
JOHN A O'NEILPURSER
Officer
–$0
990 for the year ended September 30, 2023: 12 people
NameTitleHours / weekCompensation
THOMAS PATROLIASECRETARY
Officer
1$20,012
ANTHONY DRAGONETTICOMMODORE
Trustee or director
1$4,748
GEORGE STAIRSVICE COMMODO
Officer
1$2,641
KIRK WILLIAMSPAST COMMODO
Trustee or director
1$375
JULIE FEMINOREAR COMMODO
Officer
1$80
MICHAEL COUGHLINDIRECTOR
Trustee or director
1$0
DANA HENRYDIRECTOR
Trustee or director
1$0
BRIAN PEARSONDIRECTOR
Trustee or director
1$0
BART WELDONDIRECTOR
Trustee or director
1$0
LINCOLN WILLIAMSDIRECTOR
Trustee or director
1$0
DANIEL RABINPURSER
Officer
1$0
GEORGE TREMBLAYEXECUTIVE CO
Officer
1$0

Address and contacts

Address (IRS master file)
127 WATER ST, BEVERLY, MA 01915-5046
Principal officer (990 for 2024)
JOHN A O'NEIL, PO BOX 104, BEVERLY, MA 01915
Signed the 990
JOHN A O'NEIL, PURSER
Phone
(978) 922-9611
Return prepared by
JEFFREY C KIRPAS & CO PC

Mission

YACHT CLUB

990 for the year ended September 30, 2025

Program accomplishments

  • PROVIDE HAULING, STORAGE, DOCKING, LAUNCHING AND MOORING COORDINATION FOR YACHTING ACTIVITIES AND PROVIDE SUPPLIES (I.E, BOAT FUEL, ICE, ETC.) TO CLUB MEMBERS. OTHER CLUB ACTIVITIES (E.G., RACING EVENTS) ARE ORGANIZED BY OTHER CLUB COMMITTEES.
    Expenses $1,046,901
  • GRANTS AND OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS
    Expenses $4,000 · grants $4,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
04-1490645
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1973
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,126,084
Income (IRS master file)
$1,674,006

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,236,866$1,215,123$2,126,084XML
990September 2024$1,168,409$1,293,735$2,097,897XML
990September 2023$1,192,347$1,073,455$2,152,226XML
990September 2022$1,130,334$1,099,260$2,059,051IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 04-1490645).

Questions about JUBILEE YACHT CLUB INC

What is the EIN of JUBILEE YACHT CLUB INC?
The employer identification number (EIN) of JUBILEE YACHT CLUB INC is 04-1490645.
Is JUBILEE YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1973.
Are donations to JUBILEE YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does JUBILEE YACHT CLUB INC 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 JUBILEE YACHT CLUB INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JUBILEE YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of JUBILEE YACHT CLUB INC?
The 990 for the year ended September 30, 2025 names JOHN A O'NEIL.
Who are the officers and directors of JUBILEE YACHT CLUB INC?
The 990 for the year ended September 30, 2025 lists 11 people; 4 received compensation from the organization, the highest $14,929 (THOMAS PATROLIA, SECRETARY).
How much revenue does JUBILEE YACHT CLUB INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,236,866, expenses of $1,215,123 and total assets of $2,126,084 at year end.

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