Nonprofit · EIN 04-2314108
PLEON YACHT CLUB INC
Tax-exempt (reinstated) · MARBLEHEAD, MA 01945
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $356,684 | $363,092 | -$6,408 | $806,752 | $37,556 | $769,196 |
| October 31, 2024 | 990 | $364,322 | $420,056 | -$55,734 | $809,284 | $33,680 | $775,604 |
| October 31, 2023 | 990 | $417,646 | $355,146 | $62,500 | $862,059 | $30,721 | $831,338 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $14,753
- Program service revenue
- $334,293
- Investment income
- $35
- Net income from fundraising events
- $7,603
- Other revenue
- $7,603
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $112,368
- Salaries, compensation and benefits (total)
- $126,869
- Professional fundraising fees
- $0
- Accounting fees
- $10,134
- Occupancy
- $10,500
- Depreciation
- $51,078
- Program services (functional)
- $282,891
- Management and general (functional)
- $80,201
Balance sheet and other
- Total assets, start of year
- $809,284
- Total assets, end of year
- $806,752
- Total liabilities, end of year
- $37,556
- Net assets, end of year
- $769,196
- Land, buildings and equipment
- $478,525
- Net assets without donor restrictions
- $769,196
- Gross receipts
- $382,015
- Employees
- 19
- Volunteers
- 0
- Year formed
- 1887
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAMSAY KEY | CO-PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| CELIA DRESSEL | CO-PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| BRENDAN POLLOCK | DIRECTOR Trustee or director | 1 | $0 |
| LISA HOGUET | DIRECTOR Trustee or director | 1 | $0 |
| DAVE WELCH | DIRECTOR Trustee or director | 1 | $0 |
| NICK SVENCER | DIRECTOR Trustee or director | 1 | $0 |
| ALEXANDRA ROMAGNOLI | DIRECTOR Trustee or director | 1 | $0 |
| PAGE MINSHALL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAMSAY KEY | CO-PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| CELIA DRESSEL | CO-PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| BRENDAN POLLOCK | DIRECTOR Trustee or director | 1 | $0 |
| LISA HOGUET | DIRECTOR Trustee or director | 1 | $0 |
| DAVE WELCH | DIRECTOR Trustee or director | 1 | $0 |
| NICK SVENCER | DIRECTOR Trustee or director | 1 | $0 |
| ALEXANDRA ROMAGNOLI | DIRECTOR Trustee or director | 1 | $0 |
| PAGE MINSHALL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID ROMAGNOLI | PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| KATE WHARF | TREASURER & DIRECTOR Trustee or director, Officer | 1 | $0 |
| CELIA DRESSEL | CO-PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| BRENDAN POLLOCK | SECRETARY & DIRECTOR Trustee or director, Officer | 1 | $0 |
| LISA HOGUET | DIRECTOR Trustee or director | 1 | $0 |
| MATT HOOKS | DIRECTOR Trustee or director | 1 | $0 |
| ULF WESTHOVEN | DIRECTOR Trustee or director | 1 | $0 |
| ALEXANDRA ROMAGNOLI | DIRECTOR Trustee or director | 1 | $0 |
| RAMSAY KEY | DIRECTOR Trustee or director | 1 | $0 |
| JIM DASILVA | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 160, MARBLEHEAD, MA 01945-0160
- Principal officer (990 for 2024)
- RAMSAY KEY, PO BOX 160, MARBLEHEAD, MA 01945
- Signed the 990
- RAMSAY KEY, PRESIDENT (CURRENT)
- Phone
- (617) 695-2600
- Website
- WWW.PLEON.ORG
- Return prepared by
- RYAN & COSCIA PC
Mission
TO PROMOTE SMALL BOAT SAILING AND RACING
Program accomplishments
- SAILING INSTRUCTION PROVIDED TO CHILDREN SAILING INSTUCTION PROVIDED TO CHILDREN AND ADULTSExpenses $282,891 · revenue $334,293
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 04-2314108
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $806,752
- Income (IRS master file)
- $382,015
Revocation and reinstatement
- Exemption revoked
- March 15, 2017
- Posted by the IRS
- November 13, 2017
- Reinstated
- Effective March 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $356,684 | $363,092 | $806,752 | XML |
| 990 | October 2024 | $364,322 | $420,056 | $809,284 | XML |
| 990 | October 2023 | $417,646 | $355,146 | $862,059 | XML |
| 990 | October 2022 | $439,253 | $436,445 | $768,838 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 04-2314108).
Questions about PLEON YACHT CLUB INC
- What is the EIN of PLEON YACHT CLUB INC?
- The employer identification number (EIN) of PLEON YACHT CLUB INC is 04-2314108.
- Is PLEON YACHT CLUB INC tax-exempt?
- Yes. The IRS revoked its exemption on March 15, 2017 and reinstated it effective March 15, 2017.
- Are donations to PLEON YACHT CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PLEON 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 PLEON YACHT CLUB INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PLEON YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of PLEON YACHT CLUB INC?
- The 990 for the year ended October 31, 2025 names RAMSAY KEY.
- Who are the officers and directors of PLEON YACHT CLUB INC?
- The 990 for the year ended October 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PLEON YACHT CLUB INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $356,684, expenses of $363,092 and total assets of $806,752 at year end.
Other nonprofits in MARBLEHEAD
- MARBLEHEAD YOUTH HOCKEY ASSOCIATION INC EIN 04-3070954 · last filed 990 for 2023
- BOSTON EXPLORERS INC EIN 45-3710863 · last filed 990 for 2025
- FRIENDS OF THE PARK ON ELM STREET INC EIN 99-3309149 · last filed 990 for 2024
- MARBLEHEAD YOUTH SOCCER ASSOCIATION EIN 04-2688113 · last filed 990 for 2025
- MARBLEHEAD YOUTH BASEBALL INC EIN 51-0504532 · last filed 990-EZ for 2024
- CLIFTON IMPROVEMENT ASSOCIATION INC EIN 04-3158093 · last filed 990-EZ for 2025
- MARBLEHEAD YOUTH FOOTBALL INC EIN 91-2057074 · last filed 990-EZ for 2024
- VIKING SKATING CLUB INC EIN 04-3068603 · last filed 990-EZ for 2025
All nonprofits in MARBLEHEAD · Massachusetts · Recreation and sports