Nonprofit · EIN 06-0520250
SACHEMS HEAD YACHT CLUB
Tax-exempt · GUILFORD, CT 06437
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2025 | 990 | $703,244 | $721,298 | -$18,054 | $748,998 | $7,531 | $741,467 |
| January 31, 2024 | 990 | $742,160 | $699,811 | $42,349 | $799,563 | $40,042 | $759,521 |
Financial details: 990 for the year ended January 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $699,786
- Investment income
- $3,458
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $18,002
- Salaries, compensation and benefits (total)
- $31,506
- Professional fundraising fees
- $0
- Accounting fees
- $17,279
- Occupancy
- $113,417
- Depreciation
- $16,223
- Program services (functional)
- $614,201
- Management and general (functional)
- $107,097
Balance sheet and other
- Total assets, start of year
- $799,563
- Total assets, end of year
- $748,998
- Total liabilities, end of year
- $7,531
- Net assets, end of year
- $741,467
- Land, buildings and equipment
- $387,732
- Gross receipts
- $703,244
- Employees
- 63
- Volunteers
- 50
- Year formed
- 1899
- State of legal domicile
- CT
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 January 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW WILSON | DIRECTOR Officer | 1 | $0 |
| J PHILIP SMYTH | SECRETARY Trustee or director, Officer | 1 | $0 |
| PETER GINZ | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL SCHNITT | COMMODORE Trustee or director | 1 | $0 |
| ROBERT DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| JAMES LAI | DIRECTOR Trustee or director | 1 | $0 |
| WHITNEY PETERSON | VICE COMMODO Trustee or director | 1 | $0 |
| CUTTER SMITH | FLEET CAPTAI Trustee or director | 1 | $0 |
| SARAH BROWN | ENTERTAINMEN Trustee or director | 1 | $0 |
| WESLEY CAIN | LIQUOR COMMI Trustee or director | 1 | $0 |
| PETER FITTON | EX COMMODORE Trustee or director | 1 | $0 |
| SHANE WALDEN | SAILING HEAD Trustee or director | 1 | $0 |
| JEFF WEBER | HARBOR MANAG Trustee or director | 1 | $0 |
| COLIN COOPER | TREASURER Trustee or director, Officer | 2.5 | $0 |
990 for the year ended January 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW WILSON | DIRECTOR Officer | 1 | $0 |
| J PHILIP SMYTH | SECRETARY Trustee or director, Officer | 1 | $0 |
| PETER GINZ | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL SCHNITT | COMMODORE Trustee or director | 1 | $0 |
| ROBERT DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| JAMES LAI | DIRECTOR Trustee or director | 1 | $0 |
| WHITNEY PETERSON | VICE COMMODO Trustee or director | 1 | $0 |
| CUTTER SMITH | FLEET CAPTAI Trustee or director | 1 | $0 |
| SARAH BROWN | ENTERTAINMEN Trustee or director | 1 | $0 |
| WESLEY CAIN | LIQUOR COMMI Trustee or director | 1 | $0 |
| PETER FITTON | EX COMMODORE Trustee or director | 1 | $0 |
| SHANE WALDEN | SAILING HEAD Trustee or director | 1 | $0 |
| JEFF WEBER | HARBOR MANAG Trustee or director | 1 | $0 |
| COLIN COOPER | TREASURER Trustee or director, Officer | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 124, GUILFORD, CT 06437-0124
- Principal officer (990 for 2024)
- J PHILIP SMYTH
- Signed the 990
- COLIN COOPER, TREASURER
- Phone
- (203) 288-1626
- Website
- WWW.SHYCLUB.COM
- Return prepared by
- CREHAN GROUP LLC
Mission
CLUB MEMBER ACTIVITIES EXCLUSIVELY
Program accomplishments
- EXCLUSIVELY CLUB MEMBER ACTIVITIESExpenses $614,201
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 January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | Not on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990 on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990 on file |
IRS record
- EIN
- 06-0520250
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $748,998
- Income (IRS master file)
- $703,244
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | January 2025 | $703,244 | $721,298 | $748,998 | XML |
| 990 | January 2024 | $742,160 | $699,811 | $799,563 | XML |
| 990 | January 2023 | $813,873 | $755,375 | $725,172 | IRS |
| 990 | January 2022 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | IRS |
| 990 | January 2019 | – | – | – | IRS |
| 990 | January 2018 | – | – | – | IRS |
| 990 | January 2017 | – | – | – | 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 06-0520250).
Questions about SACHEMS HEAD YACHT CLUB
- What is the EIN of SACHEMS HEAD YACHT CLUB?
- The employer identification number (EIN) of SACHEMS HEAD YACHT CLUB is 06-0520250.
- Is SACHEMS HEAD YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
- Are donations to SACHEMS HEAD YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SACHEMS HEAD 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 SACHEMS HEAD YACHT CLUB due?
- The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SACHEMS HEAD YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended January 2025.
- Who is the principal officer of SACHEMS HEAD YACHT CLUB?
- The 990 for the year ended January 31, 2025 names J PHILIP SMYTH.
- Who are the officers and directors of SACHEMS HEAD YACHT CLUB?
- The 990 for the year ended January 31, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does SACHEMS HEAD YACHT CLUB have?
- On its 990 for the year ended January 31, 2025 it reported revenue of $703,244, expenses of $721,298 and total assets of $748,998 at year end.
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