Nonprofit · EIN 06-0708424
CITY POINT YACHT CLUB INC
Tax-exempt · NEW HAVEN, CT 06532
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $704,413 | $627,131 | $77,282 | $3,937,914 | $1,744,237 | $2,193,677 |
| December 31, 2024 | 990 | $718,984 | $612,964 | $106,020 | $4,031,414 | $1,915,019 | $2,116,395 |
| December 31, 2023 | 990 | $683,185 | $596,935 | $86,250 | $4,267,709 | $2,257,334 | $2,010,375 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $578,130
- Investment income
- $15,585
- Net rental income
- $122,037
- Net income from sales of inventory
- -$11,757
- Other revenue
- $110,698
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,017
- Occupancy
- $111,221
- Depreciation
- $199,549
Balance sheet and other
- Total assets, start of year
- $4,031,414
- Total assets, end of year
- $3,937,914
- Total liabilities, end of year
- $1,744,237
- Net assets, end of year
- $2,193,677
- Land, buildings and equipment
- $1,817,852
- Gross unrelated business income
- $137,622
- Gross receipts
- $1,015,427
- Employees
- 18
- Year formed
- 1895
- 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 |
|---|---|---|---|
| RAY COLLINS | TRUSTEE Trustee or director | 2 | $0 |
| CHRIS CUOMO | TRUSTEE Trustee or director | 2 | $0 |
| RICHARD CUOMO | TRUSTEE Trustee or director | 2 | $0 |
| BRIAN LAFO | TRUSTEE Trustee or director | 2 | $0 |
| STEPHANIE MARAZZI | TRUSTEE Trustee or director | 2 | $0 |
| SALVATORE D'AMATO | COMMODORE Officer | 12 | $0 |
| DAVE DESANTI | FINANCIAL SE Officer | 2 | $0 |
| CHRISTOPHER GERAKEIS | VICE COMMODO Officer | 2 | $0 |
| PAUL GUERRETTE | TREASURER Officer | 2 | $0 |
| JIMMY PATARUS | SECRETARY Officer | 2 | $0 |
| ART PENA | REAR COMMODO Officer | 2 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK BESCIGLIA | TRUSTEE Trustee or director | – | $0 |
| RAY COLLINS | TRUSTEE Trustee or director | – | $0 |
| RICHARD CUOMO | TRUSTEE Trustee or director | – | $0 |
| BRIAN LAFO | TRUSTEE Trustee or director | – | $0 |
| STEPHANIE MARAZZI | TRUSTEE Trustee or director | – | $0 |
| SALVATORE D'AMATO | COMMODORE Officer | – | $0 |
| DAVE DESANTI | FINANCIAL SE Officer | – | $0 |
| CHRISTOPHER GERAKEIS | VICE COMMODO Officer | – | $0 |
| GREGORY GERAKEIS | SECRETARY Officer | – | $0 |
| PAUL GUERRETTE | TREASURER Officer | – | $0 |
| ART PENA | REAR COMMODO Officer | – | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN PFANNENBECKER | TRUSTEE Trustee or director | 2 | $0 |
| FRANK BESCIGLIA | TRUSTEE Trustee or director | 2 | $0 |
| RAY COLLINS | TRUSTEE Trustee or director | 2 | $0 |
| RICHARD CUOMO | TRUSTEE Trustee or director | 2 | $0 |
| STEPHANIE MARAZZI | TRUSTEE Trustee or director | 2 | $0 |
| SALVATORE D'AMATO | COMMODORE Officer | 12 | $0 |
| CHRISTOPHER GERAKEIS | VICE COMMODORE Officer | 7 | $0 |
| DAVE DESANTI | FINANCIAL SECRETARY Officer | 7 | $0 |
| GREGORY GERAKEIS | SECRETARY Officer | 2 | $0 |
| PAUL GUERRETTE | TREASURER Officer | 7 | $0 |
| BRIAN LAFO | REAR COMMODORE Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8862, NEW HAVEN, CT 06532-0862
- Principal officer (990 for 2025)
- SALVATORE D'AMATO, PO BOX 8862, NEW HAVEN, CT 06532
- Signed the 990
- PAUL GUERRETTE, TREASURER
- Phone
- (203) 789-9301
- Return prepared by
- ACCAVALLO & COMPANY LLC
Mission
AMATEUR YACHTSMANSHIP AND SAILING
Program accomplishments
- THE PURPOSE OF THE YACHT CLUB IS TO FORM AN ASSOCIATION OF AMATEUR YACHTSMEN IN NEW HAVEN, CT AND THE VICINITY, AND OF ORGANIZING SAILING CRAFT FOR THE PURPOSE OF SAILING.
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
- 06-0708424
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1923
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,937,914
- Income (IRS master file)
- $1,015,427
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $704,413 | $627,131 | $3,937,914 | XML |
| 990 | December 2024 | $718,984 | $612,964 | $4,031,414 | IRS |
| 990 | December 2023 | $683,185 | $596,935 | $4,267,709 | XML |
| 990 | December 2022 | $642,936 | $583,801 | $4,227,501 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 06-0708424).
Questions about CITY POINT YACHT CLUB INC
- What is the EIN of CITY POINT YACHT CLUB INC?
- The employer identification number (EIN) of CITY POINT YACHT CLUB INC is 06-0708424.
- Is CITY POINT YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1923.
- Are donations to CITY POINT YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CITY POINT 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 CITY POINT YACHT CLUB INC 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 CITY POINT YACHT CLUB INC 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 CITY POINT YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names SALVATORE D'AMATO.
- Who are the officers and directors of CITY POINT YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does CITY POINT YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $704,413, expenses of $627,131 and total assets of $3,937,914 at year end.
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