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Nonprofit · EIN 05-0134942

EDGEWOOD YACHT CLUB

Tax-exempt · CRANSTON, RI 02905

Financials

$535K$562K2023$679K$538K2024
Revenue Expenses · by fiscal year end
Financials of EDGEWOOD YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$678,721$537,710$141,011$1,711,711$761,794$949,917
December 31, 2023990$534,925$561,938-$27,013$1,609,157$800,251$808,906
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$296,008
Membership dues
$233,514
Program service revenue
$353,461
Investment income
$8,577
Net rental income
$9,655
Other revenue
$20,675

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$176,948
Salaries, compensation and benefits (total)
$202,206
Professional fundraising fees
$0
Accounting fees
$548
Depreciation
$54,645

Balance sheet and other

Total assets, start of year
$1,609,157
Total assets, end of year
$1,711,711
Total liabilities, end of year
$761,794
Net assets, end of year
$949,917
Land, buildings and equipment
$1,504,334
Net assets without donor restrictions
$949,917
Gross unrelated business income
$18,232
Gross receipts
$700,000
Employees
28
Volunteers
0
Year formed
1902
State of legal domicile
RI

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
MICHAEL WEAVERCOMMODORE
Trustee or director, Officer
5$0
JACKLYN CAMBIOVICE COMMODORE
Trustee or director, Officer
5$0
VICTORIAL RHINEREAR COMMODORE
Trustee or director, Officer
5$0
JEFEERY CAVANAUGHFLEET CAPTAIN
Trustee or director, Officer
5$0
KAREN OLSONSECRETARY
Trustee or director, Officer
5$0
BENJAMIN JAVERYASST SECRETARY
Trustee or director, Officer
5$0
EDWARD HANDYTREASURER
Trustee or director, Officer
5$0
ANDREW CROSBYASSISTANT TREASURER
Trustee or director, Officer
5$0
JEFFREY LANPHEARDIRECTOR
Trustee or director
5$0
DOUGHLAS TROUGHTONDIRECTOR
Trustee or director
5$0
WAYNE KEZIRIANDIRECTOR
Trustee or director
5$0
NANCY PLUMBDIRECTOR
Trustee or director
5$0
KENETH MAYERDIRECTOR
Trustee or director
5$0
KARA AARDALDIRECTOR
Trustee or director
5$0
MARIE DUCHARMEDIRECTOR
Trustee or director
5$0
1 more people on this return
NameTitleHours / weekCompensation
CHRISTOPHER LEEDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
MICHAEL WEAVERCOMMODORE
Trustee or director, Officer
5$0
JACKLYN CAMBIOVICE COMMODORE
Trustee or director, Officer
5$0
VICTORIAL RHINEREAR COMMODORE
Trustee or director, Officer
5$0
JEFEERY CAVANAUGHFLEET CAPTAIN
Trustee or director, Officer
5$0
KAREN OLSONSECRETARY
Trustee or director, Officer
5$0
BENJAMIN JAVERYASST SECRETARY
Trustee or director, Officer
5$0
EDWARD HANDYTREASURER
Trustee or director, Officer
5$0
ANDREW CROSBYASSISTANT TREASURER
Trustee or director, Officer
5$0
JEFFREY LANPHEARDIRECTOR
Trustee or director
5$0
DOUGHLAS TROUGHTONDIRECTOR
Trustee or director
5$0
WAYNE KEZIRIANDIRECTOR
Trustee or director
5$0
NANCY PLUMBDIRECTOR
Trustee or director
5$0
KENETH MAYERDIRECTOR
Trustee or director
5$0
KARA AARDALDIRECTOR
Trustee or director
5$0
MARIE DUCHARMEDIRECTOR
Trustee or director
5$0
CHRISTOPHER LEEDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
1 SHAW AVE, CRANSTON, RI 02905-4019
Principal officer (990 for 2024)
MICHAEL WEAVER, ONE SHAW AVE, CRANSTON, RI 02905
Signed the 990
EDWARD HANDY, TREASURER
Phone
(401) 781-9626
Return prepared by
ALSD LTD

Mission

OPERATION OF A NON-PROFIT YACHT CLUB FOR THE USE OF MEMBERS AND TO PROVIDE DOCKAGE AND ANCHORAGE FOR MEMBERS BOATS AND RELATED SERVICES

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED DOCKAGE AND ANCHORAGE FOR MEMBERS BOATS AND RELATED SERVICES

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
05-0134942
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1947
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,711,711
Income (IRS master file)
$700,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$678,721$537,710$1,711,711XML
990December 2023$534,925$561,938$1,609,157XML
990December 2022$616,926$473,248$1,673,906IRS
990December 2021–––IRS
990December 2020–––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 05-0134942).

Questions about EDGEWOOD YACHT CLUB

What is the EIN of EDGEWOOD YACHT CLUB?
The employer identification number (EIN) of EDGEWOOD YACHT CLUB is 05-0134942.
Is EDGEWOOD YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1947.
Are donations to EDGEWOOD YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EDGEWOOD 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 EDGEWOOD 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 EDGEWOOD 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 EDGEWOOD YACHT CLUB?
The 990 for the year ended December 31, 2024 names MICHAEL WEAVER.
Who are the officers and directors of EDGEWOOD YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does EDGEWOOD YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $678,721, expenses of $537,710 and total assets of $1,711,711 at year end.

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