Nonprofit · EIN 06-0533275
SHENNECOSSETT YACHT CLUB INCORPORATED
Tax-exempt · GROTON, CT 06340
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,772,875 | $1,576,781 | $196,094 | $4,831,939 | $326,282 | $4,505,657 |
| December 31, 2024 | 990 | $1,530,437 | $1,310,980 | $219,457 | $4,308,698 | $69,763 | $4,238,935 |
| December 31, 2023 | 990 | $1,493,220 | $1,245,499 | $247,721 | $4,018,816 | $87,312 | $3,931,504 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,588
- of which government grants
- $7,588
- Program service revenue
- $1,445,733
- Investment income
- $104,329
- Net rental income
- $8,170
- Net gain from sales of assets
- $52,204
- Net income from sales of inventory
- $207,055
- Other revenue
- $215,225
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $366,689
- Salaries, compensation and benefits (total)
- $457,669
- Professional fundraising fees
- $0
- Legal fees
- $398
- Accounting fees
- $15,200
- Occupancy
- $79,495
- Depreciation
- $317,420
Balance sheet and other
- Total assets, start of year
- $4,308,698
- Total assets, end of year
- $4,831,939
- Total liabilities, end of year
- $326,282
- Net assets, end of year
- $4,505,657
- Land, buildings and equipment
- $2,408,580
- Publicly traded securities
- $1,229,721
- Net assets without donor restrictions
- $4,505,657
- Gross unrelated business income
- $212,524
- Gross receipts
- $2,433,517
- Employees
- 24
- Volunteers
- 13
- Year formed
- 1928
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETH ANDERSON | REAR COMMODO Trustee or director, Officer | 5 | $0 |
| DORI BARNETT | BOARD MEMBER Trustee or director | 2 | $0 |
| GORGE BODYCOAT | YACHTING COM Trustee or director, Officer | 5 | $0 |
| TIM BONANNO | BOARD MEMBER Trustee or director | 2 | $0 |
| ANDREW BONNAFANT | BOARD MEMBER Trustee or director | 2 | $0 |
| PETE CHAPPELL | COMMODORE Trustee or director, Officer | 5 | $0 |
| MAT LISEE | TREASURER Trustee or director, Officer | 10 | $0 |
| SHERI MAJOR | CONTROLLER Trustee or director, Officer | 10 | $0 |
| BILL PEPIN | VICE COMMODO Trustee or director, Officer | 5 | $0 |
| RUSS PIPER | BOARD MEMBER Trustee or director | 2 | $0 |
| TIM QUINN | SECRETARY Trustee or director, Officer | 5 | $0 |
| GARY THORSTENSON | BOARD MEMBER Trustee or director | 2 | $0 |
| KELLY TSONGALIS | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETH ANDERSON | BOARD MEMBER Trustee or director | 2 | $0 |
| DALE BAKER | BOARD MEMBER Trustee or director | 2 | $0 |
| DORI BARNETT | BOARD MEMBER Trustee or director | 2 | $0 |
| TIM BONANNO | BOARD MEMBER Trustee or director | 2 | $0 |
| MAT LISEE | TREASURER Trustee or director, Officer | 10 | $0 |
| RUSS PIPER | BOARD MEMBER Trustee or director | 2 | $0 |
| GARY THORSTENSON | BOARD MEMBER Trustee or director | 2 | $0 |
| JON ARONSTEIN | CONTROLLER Officer | 10 | $0 |
| GORGE BODYCOAT | YACHTING COM Officer | 5 | $0 |
| PETE CHAPPELL | COMMODORE Officer | 5 | $0 |
| JAY KELLY | REAR COMMODO Officer | 5 | $0 |
| BILL PEPIN | VICE COMMODO Officer | 5 | $0 |
| TIM QUINN | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETH ANDERSON | BOARD MEMBER Trustee or director | 2 | $0 |
| DALE BAKER | BOARD MEMBER Trustee or director | 2 | $0 |
| DORI BARNETT | BOARD MEMBER Trustee or director | 2 | $0 |
| TIM BONANNO | BOARD MEMBER Trustee or director | 2 | $0 |
| MAT LISEE | TREASURER Trustee or director, Officer | 10 | $0 |
| RUSS PIPER | BOARD MEMBER Trustee or director | 2 | $0 |
| GARY THORSTENSON | BOARD MEMBER Trustee or director | 2 | $0 |
| JON ARONSTEIN | CONTROLLER Officer | 10 | $0 |
| GORGE BODYCOAT | YACHTING COM Officer | 5 | $0 |
| PETE CHAPPELL | COMMODORE Officer | 5 | $0 |
| JAY KELLY | REAR COMMODO Officer | 5 | $0 |
| BILL PEPIN | VICE COMMODO Officer | 5 | $0 |
| TIM QUINN | SECRETARY Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1010 SHENNECOSSETT RD, GROTON, CT 06340-6060
- Principal officer (990 for 2025)
- PETE CHAPPELL, 1010 SHENNECOSSETT RD, GROTON, CT 06340
- Signed the 990
- SHERI MAJOR, CONTROLLER
- Phone
- (860) 445-9854
- Return prepared by
- HOYT FILIPPETTI & MALAGHAN LLC
Mission
YACHT CLUB PROMOTING SAILING & SOCIAL ACTIVITIES
Program accomplishments
- ENCOURAGE AND PROMOTE FAMILY YACHTING IN PLEASANT AND FRIENDLY SURROUNDINGS AND TO ENCOURAGE THE PROTECTION OF OF THE ENVIRONMENT AND NATURAL RESOURCES.Expenses $1,569,277 · revenue $1,162,051
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-0533275
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,831,939
- Income (IRS master file)
- $2,433,517
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,772,875 | $1,576,781 | $4,831,939 | IRS |
| 990 | December 2024 | $1,530,437 | $1,310,980 | $4,308,698 | XML |
| 990 | December 2023 | $1,493,220 | $1,245,499 | $4,018,816 | XML |
| 990 | December 2022 | $1,371,204 | $1,241,504 | $3,715,610 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 06-0533275).
Questions about SHENNECOSSETT YACHT CLUB INCORPORATED
- What is the EIN of SHENNECOSSETT YACHT CLUB INCORPORATED?
- The employer identification number (EIN) of SHENNECOSSETT YACHT CLUB INCORPORATED is 06-0533275.
- Is SHENNECOSSETT YACHT CLUB INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1974.
- Are donations to SHENNECOSSETT YACHT CLUB INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHENNECOSSETT YACHT CLUB INCORPORATED 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 SHENNECOSSETT YACHT CLUB INCORPORATED 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 SHENNECOSSETT YACHT CLUB INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SHENNECOSSETT YACHT CLUB INCORPORATED?
- The 990 for the year ended December 31, 2025 names PETE CHAPPELL.
- Who are the officers and directors of SHENNECOSSETT YACHT CLUB INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does SHENNECOSSETT YACHT CLUB INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,772,875, expenses of $1,576,781 and total assets of $4,831,939 at year end.
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