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Nonprofit · EIN 06-6049176

GUILFORD YACHT CLUB ASSOC INC

Tax-exempt · GUILFORD, CT 06437

Financials

$95K$103K2023$93K$101K2024
Revenue Expenses · by fiscal year end
Financials of GUILFORD YACHT CLUB ASSOC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$92,806$100,725-$7,919$66,168$4,467$61,701
December 31, 2023990$95,298$103,068-$7,770$79,963$3,843$76,120
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$113,835
Investment income
$26
Net income from fundraising events
-$21,055
Other revenue
-$21,055

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$975
Occupancy
$81,270
Depreciation
$715
Program services (functional)
$94,756
Management and general (functional)
$5,230
Fundraising (functional)
$739

Balance sheet and other

Total assets, start of year
$79,963
Total assets, end of year
$66,168
Total liabilities, end of year
$4,467
Net assets, end of year
$61,701
Land, buildings and equipment
$1,071
Net assets without donor restrictions
$61,701
Gross receipts
$118,997
Employees
0

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
JOE BRIGANTISECRETARY
Trustee or director, Officer
2$0
JACK EVANSDIRECTOR
Trustee or director
1$0
ALLISON FRANKSCOMMODORE
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MARK ALLEGRINIDIRECTOR
Trustee or director
1$0
JOE BRIGANTISECRETARY
Trustee or director, Officer
2$0
KAREN DOWNER-DOYLECOMMODORE
Trustee or director, Officer
5$0
JACK EVANSDIRECTOR
Trustee or director
1$0
ALLISON FRANKSTREASURER
Trustee or director, Officer
3$0
BILLY RUBINDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
379 WHITFIELD STREET, GUILFORD, CT 06437-0000
In care of
% PAMELA MACGREGOR TREAS
Principal officer (990 for 2024)
ALLISON FRANKS, 379 WHITFIELD ST, GUILFORD, CT 06437
Signed the 990
ALLISON FRANKS, COMMODORE
Phone
(203) 453-0070
Return prepared by
BRIERLEY CADWELL & POSSIDENTE LLC

Mission

THE GUILFORD YACHT CLUB OFFERS ITS MEMBERS FACILITIES FOR BOATING, SWIMMING, BEVERAGE AND SOCIAL ACTIVITIES AND GENERATES REVENUES PRIMARILY THROUGH MEMBERSHIP DUES AND SPECIAL EVENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE GUILFORD YACHT CLUB PROVIDES BOATING, SWIMMING AND SOCIAL ACTIVIES FOR OVER 170 FAMILIES AND OTHER MEMBERS.
    Expenses $93,480 · revenue $113,835
  • THE GUILFORD YACHT CLUB OFFERS SAILING INSTRUCTION AND RELATED PROGRAMS TO MEMBERS.
    Expenses $1,276

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
06-6049176
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$66,168
Income (IRS master file)
$118,997

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$92,806$100,725$66,168XML
990December 2023$95,298$103,068$79,963XML
990December 2022$136,917$131,311$88,036IRS
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 06-6049176).

Questions about GUILFORD YACHT CLUB ASSOC INC

What is the EIN of GUILFORD YACHT CLUB ASSOC INC?
The employer identification number (EIN) of GUILFORD YACHT CLUB ASSOC INC is 06-6049176.
Is GUILFORD YACHT CLUB ASSOC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1992.
Are donations to GUILFORD YACHT CLUB ASSOC INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GUILFORD YACHT CLUB ASSOC 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 GUILFORD YACHT CLUB ASSOC 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 GUILFORD YACHT CLUB ASSOC INC 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 GUILFORD YACHT CLUB ASSOC INC?
The 990 for the year ended December 31, 2024 names ALLISON FRANKS.
Who are the officers and directors of GUILFORD YACHT CLUB ASSOC INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GUILFORD YACHT CLUB ASSOC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $92,806, expenses of $100,725 and total assets of $66,168 at year end.

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