Skip to main content

Nonprofit · EIN 06-6060496

WETHERSFIELD COVE YACHT CLUB

Tax-exempt · WETHERSFIELD, CT 06109

Financials

$95K$85K2023$94K$82K2024
Revenue Expenses · by fiscal year end
Financials of WETHERSFIELD COVE YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$94,388$81,896$12,492$266,294–$266,294
December 31, 2023990-EZ$95,170$85,394$9,776$279,715$18,312$261,403
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Membership dues
$52,388
Program service revenue
$8,538
Investment income
$33,262
Other revenue
$200

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$975
Occupancy
$10,867
Other expenses
$70,054

Balance sheet and other

Total assets, start of year
$279,798
Total assets, end of year
$266,294
Total liabilities, end of year
–
Net assets, end of year
$266,294
Cash, savings and investments
$106,237
Land and buildings
$155,474
Gross receipts
$94,388

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JASON RACECHAIRMAN2$0
JONATHAN PALMERCOMMODORE2$0
STEVE TROMBAVICE COMMODO2$0
JOSEPH ZMUDZINSKIREAR COMMODO2$0
PETER JACKSONTREASURER2$0
MICHAEL MCMAHONSECRETARY2$0
GEORGE OKVATASST SECRETA2$0
SEBASTIAN BUCCHERITRUSTEE2$0
GREG CANDEETRUSTEE2$0
NINO GIAMMARCOTRUSTEE2$0
GERALD STAVOLATRUSTEE2$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
JASON RACECHAIRMAN2$0
JONATHAN PALMERCOMMODORE2$0
STEVE TROMBAVICE COMMODO2$0
JOSEPH ZMUDZINSKIREAR COMMODO2$0
PETER JACKSONTREASURER2$0
MICHAEL MCMAHONSECRETARY2$0
GEORGE OKVATASST SECRETA2$0
SEBASTIAN BUCCHERITRUSTEE2$0
GREG CANDEETRUSTEE2$0
NINO GIAMMARCOTRUSTEE2$0
GERALD STAVOLATRUSTEE2$0

Address and contacts

Address (IRS master file)
270R HARTFORD AVE, WETHERSFIELD, CT 06109-1248
In care of
% JOSEPH ZMUDZINSK
Signed the 990-EZ
PETER JACKSON, TREASURER
Phone
(860) 563-8780
Return prepared by
O'CONNELL PACE & CO PC

Mission

THE CLUB IS A MEMBERSHIP ORGANIZATION WITH ACTIVITES CENTERED AROUND BOATING AND RESPONSIBLE RECREATIONAL USE OF THE CONNECTICUT RIVER AND WATERS BEYOND, INCLUDING LONG ISLAND SOUND AND ESPECIALLY ACTIVITY IN AND AROUND WETHERSFIELD COVE IN THE TOWN OF WETHERSFIELD, CT.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • NA

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
06-6060496
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$266,294
Income (IRS master file)
$94,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$94,388$81,896$266,294XML
990-EZDecember 2023$95,170$85,394$279,715XML

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 06-6060496).

Questions about WETHERSFIELD COVE YACHT CLUB

What is the EIN of WETHERSFIELD COVE YACHT CLUB?
The employer identification number (EIN) of WETHERSFIELD COVE YACHT CLUB is 06-6060496.
Is WETHERSFIELD COVE YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1945.
Are donations to WETHERSFIELD COVE YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WETHERSFIELD COVE 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 WETHERSFIELD COVE 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 WETHERSFIELD COVE YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of WETHERSFIELD COVE YACHT CLUB?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does WETHERSFIELD COVE YACHT CLUB have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $94,388, expenses of $81,896 and total assets of $266,294 at year end.

Other nonprofits in WETHERSFIELD

All nonprofits in WETHERSFIELD · Connecticut · Human services