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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 04-2260694

SALEM WILLOWS YACHT CLUB INC

Tax-exempt · BEVERLY, MA 01915

Financials

$108K$98K2023$133K$117K2024$88K$108K2025
Revenue Expenses · by fiscal year end
Financials of SALEM WILLOWS YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$88,419$108,321-$19,902$38,064–$38,064
December 31, 2024990-EZ$132,596$117,324$15,272$57,966–$57,966
December 31, 2023990-EZ$107,698$97,621$10,077$42,694–$42,694
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$79,105
Program service revenue
$8,637
Investment income
$677

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$31,502
Professional fees and payments to contractors
$3,310
Occupancy
$14,622
Printing, publications and postage
$774
Other expenses
$58,113

Balance sheet and other

Total assets, start of year
$57,966
Total assets, end of year
$38,064
Total liabilities, end of year
–
Net assets, end of year
$38,064
Cash, savings and investments
$38,064
Gross receipts
$88,419

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICH MCGLYNNCOMMODORE0$0
FRANK HARRINGTONVICE-COMMODO0$0
JOE BONZAGNIREAR COMMODO0$0
JOSEPH COLLINSTREASURER0$0
ROBERT CHADWICKSECRETARY0$0
LEIGH BAINESFINANCIAL SE0$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
RICH MCGLYNNCOMMODORE0$0
FRANK HARRINGTONVICE-COMMODO0$0
JOE BONZAGNIREAR COMMODO0$0
JOSEPH COLLINSTREASURER0$0
ROBERT CHADWICKSECRETARY0$0
LEIGH BAINESFINANCIAL SE0$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
RICH MCGLYNNCOMMODORE0$0
FRANK HARRINGTONVICE-COMMODO0$0
JOE BONZAGNIREAR COMMODO0$0
JOSEPH COLLINSTREASURER0$0
ROBERT CHADWICKSECRETARY0$0
LEIGH BAINESFINANCIAL SE0$0

Address and contacts

Address (IRS master file)
22 NELSON AVE, BEVERLY, MA 01915-1157
In care of
% JOSEPH COLLINS
Signed the 990-EZ
JOSEPH COLLINS, TREASURER
Phone
(978) 744-9684
Website
SWYC.COM
Return prepared by
FINANCIAL BUSINESS SERVICES

Mission

THE SWYC EXEMPT PURPOSES ARE TO PROVIDE THE OPPORTUNITY OF USING THE CLUBS FACILITIES AND OCEAN ACCESS FOR BOATING AND SOCIAL ACTIVITIES FOR THE CLUB MEMBERS.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THE EXEMPT PURPOSE OF THE SWYC IS TO PROVIDE FACILITIES AND EVENTS FOR ITS MEMBERS TO SOCIALIZE AND MAKE USE OF THE CLUB'S OCEAN ACCESS FOR BOATING RELATED ACTIVITIES.
  • THE EXEMPT PURPOSE OF THE SWYC IS TO PROVIDE FACILITIES AND EVENTS FOR ITS
  • THE EXEMPT PURPOSE OF THE SWYC IS TO PROVIDE FACILITIES AND EVENTS FOR ITS
  • SEE PURPOSE 1

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-EZ for SALEM WILLOWS YACHT CLUB INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
04-2260694
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,064
Income (IRS master file)
$88,419

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$88,419$108,321$38,064XML
990-EZDecember 2024$132,596$117,324$57,966XML
990-EZDecember 2023$107,698$97,621$42,694XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––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 04-2260694).

Questions about SALEM WILLOWS YACHT CLUB INC

What is the EIN of SALEM WILLOWS YACHT CLUB INC?
The employer identification number (EIN) of SALEM WILLOWS YACHT CLUB INC is 04-2260694.
Is SALEM WILLOWS YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1980.
Are donations to SALEM WILLOWS YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SALEM WILLOWS 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 SALEM WILLOWS YACHT CLUB INC 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 SALEM WILLOWS YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of SALEM WILLOWS YACHT CLUB INC?
The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does SALEM WILLOWS YACHT CLUB INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $88,419, expenses of $108,321 and total assets of $38,064 at year end.

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