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Nonprofit · EIN 04-2986688

YACHT BROKERS ASSOCIATION OF AMERICA INC

Tax-exempt · WASHINGTON, DC 20045

Financials

$216K$246K2023$221K$227K2024
Revenue Expenses · by fiscal year end
Financials of YACHT BROKERS ASSOCIATION OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$220,942$226,525-$5,583$188,470$17,848$170,622
December 31, 2023990$215,571$245,774-$30,203$217,045$40,898$176,147
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$217,298
Investment income
$3,644
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$22,979
Travel
$4,849
Program services (functional)
$163,619
Management and general (functional)
$62,906

Balance sheet and other

Total assets, start of year
$217,045
Total assets, end of year
$188,470
Total liabilities, end of year
$17,848
Net assets, end of year
$170,622
Net assets without donor restrictions
$170,622
Gross receipts
$220,942
Employees
0
Volunteers
11
Year formed
1930
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
Denise HannaTreasurer
Trustee or director
1$0
Jeff JadulDirector
Trustee or director
1$0
Doug WielhouwerDirector
Trustee or director
1$0
Steve McPhersonDirector
Trustee or director
1$0
W Craig NannDirector
Trustee or director
1$0
Doug HughesDirector
Trustee or director
1$0
Ryan WhiteDirector
Trustee or director
1$0
William BolinVice President
Officer
1$0
Jonathan ChapmanPast President
Officer
1$0
Eric SmithPresident
Officer
7$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Denise HannaDirector
Trustee or director
1$0
Jeff JadulDirector
Trustee or director
1$0
Doug WielhouwerDirector
Trustee or director
1$0
Steve McPhersonDirector
Trustee or director
1$0
Craig NannDirector
Trustee or director
1$0
Doug HughesDirector
Trustee or director
1$0
Ryan WhiteDirector
Trustee or director
1$0
William BolinVice President
Officer
1$0
Jonathan ChapmanPast President
Officer
1$0
Eric SmithPresident
Officer
7$0

Address and contacts

Address (IRS master file)
529 14TH ST NW STE 1280, WASHINGTON, DC 20045-2205
In care of
% GEORGE BROWN
Signed the 990
JP Skov, Executive Director
Phone
(202) 207-0908
Return prepared by
Kupstas & Kupstas LLC

Mission

Establish, promote and enforce high standards of professional competence, character, and ethical conduct;foster public recognition of its member brokers for cooperation and success.

990 for the year ended December 31, 2024

Program accomplishments

  • Conferences & regional seminars provide training, workshops, & business meetings for members. A quarterly newsletter provides articles, editorials, and updates on organization activities. An annual membership directory is published. The organization administers a certification program for the yacht brokerage industry. It also developes and sells specialized forms and maintains office space in Florida for the benefit of members.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2986688
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$188,470
Income (IRS master file)
$220,942

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$220,942$226,525$188,470XML
990December 2023$215,571$245,774$217,045XML
990December 2022$247,007$228,857$267,323IRS
990December 2021–––IRS
990December 2020–––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 04-2986688).

Questions about YACHT BROKERS ASSOCIATION OF AMERICA INC

What is the EIN of YACHT BROKERS ASSOCIATION OF AMERICA INC?
The employer identification number (EIN) of YACHT BROKERS ASSOCIATION OF AMERICA INC is 04-2986688.
Is YACHT BROKERS ASSOCIATION OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
Are donations to YACHT BROKERS ASSOCIATION OF AMERICA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does YACHT BROKERS ASSOCIATION OF AMERICA 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 YACHT BROKERS ASSOCIATION OF AMERICA INC 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 YACHT BROKERS ASSOCIATION OF AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of YACHT BROKERS ASSOCIATION OF AMERICA INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does YACHT BROKERS ASSOCIATION OF AMERICA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $220,942, expenses of $226,525 and total assets of $188,470 at year end.

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