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Nonprofit · EIN 04-1935747

VINEYARD HAVEN YACHT CLUB

Tax-exempt · VINEYARD HVN, MA 02568

Financials

$1.4M$1.2M2023$1.3M$1.2M2024$1.5M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of VINEYARD HAVEN YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,502,586$1,335,883$166,703$3,185,738$123,594$3,062,144
December 31, 2024990$1,309,162$1,213,458$95,704$3,109,852$213,113$2,896,739
December 31, 2023990$1,351,564$1,177,894$173,670$3,046,318$242,054$2,804,264
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,118,079
Membership dues
$1,058,079
Program service revenue
$263,506
Investment income
$63,074
Net gain from sales of assets
$24,000
Net income from sales of inventory
$828
Other revenue
$57,927

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$172,700
Other salaries and wages
$507,092
Salaries, compensation and benefits (total)
$783,834
Professional fundraising fees
$0
Legal fees
$8,720
Accounting fees
$2,836
Occupancy
$143,701
Depreciation
$119,118

Balance sheet and other

Total assets, start of year
$3,109,853
Total assets, end of year
$3,185,738
Total liabilities, end of year
$123,594
Net assets, end of year
$3,062,144
Land, buildings and equipment
$1,728,471
Net assets without donor restrictions
$3,062,144
Gross receipts
$1,520,843
Employees
49
Volunteers
10
Year formed
1928
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.

NameTitleHours / weekCompensation
Lorne LewisChief Operating Officer
Officer
40$172,700
Cameron BackmanTennis Director
Highest-paid employee
40$123,571
Chris SmithOperations Manager
Highest-paid employee
40$104,000
Laura GoldwormDirector
Trustee or director
2$0
Michael WattsPresident
Officer
20$0
Jeff SchwarzVice President
Officer
5$0
Nicole RimpelClerk
Officer
5$0
Nils DahlTreasurer
Officer
5$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Lorne LewisChief Operating Officer
Officer
40$171,104
Michael WattsDirector
Trustee or director
2$0
Marilyn RoosPresident
Officer
5$0
Nils DahlTreasurer
Officer
5$0
Sarah WillimanClerk
Officer
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Marilyn RoosPresident/Director
Trustee or director, Officer
5$0
Ellen PeschVice President/Director
Trustee or director, Officer
5$0
Stephen KingTreasurer/Director
Trustee or director, Officer
5$0
Sarah WillimanClerk/Director
Trustee or director, Officer
5$0
Michael WattsDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 507, VINEYARD HVN, MA 02568-0507
Principal officer (990 for 2025)
Lorne Lewis, 45 Owen Little Way, Vineyard Haven, MA 02568
Signed the 990
Lorne Lewis, Chief Operating Officer
Phone
(508) 693-3080
Website
VHYC.org
Return prepared by
Lamberts Cove Accounting

Mission

The mission of the organization is to provide sailing instruction and tournaments along with tennis and swimming to children and adults.

990 for the year ended December 31, 2025

Program accomplishments

  • Yachting with an emphasis on sailing and seamanship
    Expenses $219,978 · revenue $133,499
  • Provide Tennis instructions and tournaments to children and adults
    Expenses $183,408 · revenue $119,092

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-1935747
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,185,738
Income (IRS master file)
$1,520,843

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,502,586$1,335,883$3,185,738XML
990December 2024$1,309,162$1,213,458$3,109,852XML
990December 2023$1,351,564$1,177,894$3,046,318XML
990December 2022$1,411,273$1,123,025$2,940,041IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 04-1935747).

Questions about VINEYARD HAVEN YACHT CLUB

What is the EIN of VINEYARD HAVEN YACHT CLUB?
The employer identification number (EIN) of VINEYARD HAVEN YACHT CLUB is 04-1935747.
Is VINEYARD HAVEN YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1991.
Are donations to VINEYARD HAVEN YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VINEYARD HAVEN 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 VINEYARD HAVEN 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 VINEYARD HAVEN 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 VINEYARD HAVEN YACHT CLUB?
The 990 for the year ended December 31, 2025 names Lorne Lewis.
Who are the officers and directors of VINEYARD HAVEN YACHT CLUB?
The 990 for the year ended December 31, 2025 lists 8 people; 3 received compensation from the organization, the highest $172,700 (Lorne Lewis, Chief Operating Officer).
How much revenue does VINEYARD HAVEN YACHT CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,502,586, expenses of $1,335,883 and total assets of $3,185,738 at year end.

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