Nonprofit · EIN 04-1909505
TOWN RIVER YACHT CLUB
Tax-exempt · QUINCY, MA 02169
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $833,248 | $905,967 | -$72,719 | $252,072 | $177,760 | $74,312 |
| December 31, 2024 | 990 | $972,279 | $914,804 | $57,475 | $371,119 | $224,088 | $147,031 |
| December 31, 2023 | 990 | $1,176,403 | $811,666 | $364,737 | $355,889 | $352,039 | $3,850 |
| December 31, 2022 | 990 (amended) | $932,166 | $865,083 | $67,083 | $32,729 | $392,580 | -$359,851 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $337,405
- Investment income
- $4,111
- Net income from sales of inventory
- $332,087
- Other revenue
- $491,732
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $136,574
- Salaries, compensation and benefits (total)
- $138,668
- Professional fundraising fees
- $0
- Accounting fees
- $1,435
- Program services (functional)
- $327,781
Balance sheet and other
- Total assets, start of year
- $371,119
- Total assets, end of year
- $252,072
- Total liabilities, end of year
- $177,760
- Net assets, end of year
- $74,312
- Gross receipts
- $833,248
- Employees
- 21
- Year formed
- 1912
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Noonan | Commodore Officer | 10 | $0 |
| Peter Sarofeen | Vice Commodore Officer | 10 | $0 |
| Joanne Blunt | Treasurer Officer | 10 | $0 |
| Laura Cormican | Recording Secretary Officer | 10 | $0 |
| Alfred Gallinaro | Financial Secretary Officer | 10 | $0 |
| Eric Visocchi | Rear Commodore Officer | 10 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Sarofeen | Commodore Officer | 10 | $0 |
| Michael Noonan | Vice Commodore Officer | 10 | $0 |
| Joanne Blunt | Treasurer Officer | 10 | $0 |
| Laura Cormican | Recording Secretary Officer | 10 | $0 |
| Alfred Gallinaro | Financial Secretary Officer | 10 | $0 |
| Peter Sarofeen | Rear Commodore Officer | 10 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joseph Hart | Commodore Officer | 10 | $0 |
| Mark Sarofeen | Vice Commodore Officer | 10 | $0 |
| Joanne Blunt | Treasurer Officer | 10 | $0 |
| Laura Cormican | Recording Secretary Officer | 10 | $0 |
| Alfred Gallinaro | Financial Secretary Officer | 10 | $0 |
| Michael Noonan | Rear Commodore Officer | 10 | $0 |
990 for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Puglisi | Commodore Officer | 10 | $0 |
| Joseph Hart | Vice Commodore Officer | 10 | $0 |
| Mark Sarofeen | Rear Commodore Officer | 10 | $0 |
| Joanne Blunt | Treasurer Officer | 10 | $0 |
| Laura Cormican | Recording Secretary Officer | 10 | $0 |
| John Stewart | Financial Secretary Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 60 MOUND ST, QUINCY, MA 02169-5854
- Principal officer (990 for 2025)
- Joanne Blunt, 60 Mound St, Quincy, MA 02169
- Signed the 990
- Joanne Blunt, Treasurer
- Phone
- (617) 471-2716
- Return prepared by
- Joshua Lopes and Associates Tax Service
Mission
To provide yachting and boating access for members of the Town River Yacht Club.
Program accomplishments
- Provide Yachting and Boating services to members of the Yacht ClubExpenses $327,781 · revenue $337,405
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 | 990 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
- 04-1909505
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $252,072
- Income (IRS master file)
- $833,248
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $833,248 | $905,967 | $252,072 | XML |
| 990 | December 2024 | $972,279 | $914,804 | $371,119 | XML |
| 990 | December 2023 | $1,176,403 | $811,666 | $355,889 | XML |
| 990 | December 2022 | $932,166 | $865,083 | $32,729 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 04-1909505).
Questions about TOWN RIVER YACHT CLUB
- What is the EIN of TOWN RIVER YACHT CLUB?
- The employer identification number (EIN) of TOWN RIVER YACHT CLUB is 04-1909505.
- Is TOWN RIVER YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1943.
- Are donations to TOWN RIVER YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TOWN RIVER 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 TOWN RIVER YACHT CLUB due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TOWN RIVER YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of TOWN RIVER YACHT CLUB?
- The 990 for the year ended December 31, 2025 names Joanne Blunt.
- Who are the officers and directors of TOWN RIVER YACHT CLUB?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does TOWN RIVER YACHT CLUB have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $833,248, expenses of $905,967 and total assets of $252,072 at year end.
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