Nonprofit · EIN 04-2150650
BEVERLY YACHT CLUB
Tax-exempt · MARION, MA 02738
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,310,297 | $1,569,495 | -$259,198 | $1,702,904 | $117,765 | $1,585,139 |
| December 31, 2023 | 990 | $1,481,255 | $1,454,862 | $26,393 | $1,933,546 | $89,209 | $1,844,337 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $100
- Program service revenue
- $1,488,553
- Investment income
- $35,957
- Net gain from sales of assets
- $18,083
- Net income from sales of inventory
- -$222,695
- Other revenue
- -$214,313
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $179,317
- Other salaries and wages
- $467,971
- Salaries, compensation and benefits (total)
- $753,120
- Professional fundraising fees
- $0
- Accounting fees
- $22,500
- Occupancy
- $100,957
- Travel
- $11,343
- Depreciation
- $110,035
Balance sheet and other
- Total assets, start of year
- $1,933,546
- Total assets, end of year
- $1,702,904
- Total liabilities, end of year
- $117,765
- Net assets, end of year
- $1,585,139
- Land, buildings and equipment
- $1,371,785
- Net assets without donor restrictions
- $1,410,866
- Net assets with donor restrictions
- $174,273
- Gross unrelated business income
- $73,630
- Gross receipts
- $2,095,143
- Employees
- 88
- Volunteers
- 83
- Year formed
- 1872
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT SHORTER | GENERAL MANAGER Key employee | 50 | $179,317 |
| MARY PIERCE | COMMODORE Trustee or director, Officer | 5 | $0 |
| BONNIE KIRCHNER | TREASURER Trustee or director, Officer | 5 | $0 |
| BECKY TOUGAS | SECRETARY Trustee or director, Officer | 5 | $0 |
| KYM LEE | VICE COMMODORE Trustee or director, Officer | 5 | $0 |
| SAM VINEYARD | REAR COMMODORE Trustee or director | 5 | $0 |
| KEN DEYETT | DIRECTOR Trustee or director | 5 | $0 |
| TOM DE GROOT | DIRECTOR Trustee or director | 5 | $0 |
| KATHY EGGER | DIRECTOR Trustee or director | 5 | $0 |
| REBECCA JOHNSON | DIRECTOR Trustee or director | 5 | $0 |
| BILL KELLEY | DIRECTOR Trustee or director | 5 | $0 |
| ED DAILEY | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT SHORTER | GENERAL MANAGER Key employee | 50 | $183,295 |
| MARY PIERCE | COMMODORE Trustee or director, Officer | 5 | $0 |
| BONNIE KIRCHNER | TREASURER Trustee or director, Officer | 5 | $0 |
| BECKY TOUGAS | SECRETARY Trustee or director, Officer | 5 | $0 |
| KYM LEE | VICE COMMODORE Trustee or director, Officer | 5 | $0 |
| SAM VINEYARD | REAR COMMODORE Trustee or director | 5 | $0 |
| KEN DEYETT | DIRECTOR Trustee or director | 5 | $0 |
| ANDY ANDERSON | DIRECTOR Trustee or director | 5 | $0 |
| BARRY STEINBERG | DIRECTOR Trustee or director | 5 | $0 |
| CONNIE DOLAN | DIRECTOR Trustee or director | 5 | $0 |
| LAUREN VERNI | DIRECTOR Trustee or director | 5 | $0 |
| KELLIE CRETE | DIRECTOR Trustee or director | 5 | $0 |
| JAMIE ANDERSON | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 181, MARION, MA 02738-0004
- Principal officer (990 for 2024)
- MARY PIERCE, 99 WATER STREET PO BOX 181, MARION, MA 02738
- Signed the 990
- MARY PIERCE, COMMODORE
- Phone
- (508) 748-0540
- Website
- WWW.BEVERLYYACHTCLUB.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THE PURPOSE OF THE CLUB IS TO PROMOTE YACHTING AND GOOD FELLOWSHIP AMONG ITS MEMBERS.
Program accomplishments
- PROMOTED YACHTING AND FELLOWSHIP AMONG MEMBERS AND AMONG RECREATIONAL YACHTING ENTHUSIASTS THROUGHOUT THE AREA.
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
- 04-2150650
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1914
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,702,904
- Income (IRS master file)
- $2,095,143
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,310,297 | $1,569,495 | $1,702,904 | IRS |
| 990 | December 2023 | $1,481,255 | $1,454,862 | $1,933,546 | XML |
| 990 | December 2022 | $1,498,788 | $1,450,883 | $1,912,624 | 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 04-2150650).
Questions about BEVERLY YACHT CLUB
- What is the EIN of BEVERLY YACHT CLUB?
- The employer identification number (EIN) of BEVERLY YACHT CLUB is 04-2150650.
- Is BEVERLY YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1914.
- Are donations to BEVERLY YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BEVERLY 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 BEVERLY YACHT CLUB 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 BEVERLY YACHT CLUB 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 BEVERLY YACHT CLUB?
- The 990 for the year ended December 31, 2024 names MARY PIERCE.
- Who are the officers and directors of BEVERLY YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $179,317 (ROBERT SHORTER, GENERAL MANAGER).
- How much revenue does BEVERLY YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,310,297, expenses of $1,569,495 and total assets of $1,702,904 at year end.
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