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Nonprofit · EIN 11-0951600

KEYSTONE YACHT CLUB INC

Tax-exempt · WOODMERE, NY 11598

Financials

$809K$626K2023
Revenue Expenses · by fiscal year end
Financials of KEYSTONE YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2024990$808,937$625,530$183,407$716,993$11,016$705,977
Financial details: 990 for the year ended March 31, 2024

Revenue

Contributions, gifts and grants
$173,545
Membership dues
$173,545
Program service revenue
$0
Investment income
$15,346
Other revenue
$620,046

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$84,057
Salaries, compensation and benefits (total)
$91,135
Professional fundraising fees
$0
Accounting fees
$1,650
Occupancy
$2,397
Depreciation
$66,904
Management and general (functional)
$625,530

Balance sheet and other

Total assets, start of year
$590,017
Total assets, end of year
$716,993
Total liabilities, end of year
$11,016
Net assets, end of year
$705,977
Land, buildings and equipment
$274,570
Gross unrelated business income
$340,589
Gross receipts
$808,937
Employees
6
State of legal domicile
NY

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 March 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL LAXTONCOMMODORE
Officer
5$0
ROBERT CLARKVICE COMMODORE
Officer
5$0
ENZO GUIDIFINANCIAL SECRETARY
Officer
5$0
GARY MINZERRECORDING SECRETARY
Officer
5$0
JASON TERAMOTREASURER
Officer
5$0
STEVEN LIQUORIREAR COMMODORE
Officer
5$0

Address and contacts

Address (IRS master file)
190 WOODMERE BLVD S, WOODMERE, NY 11598-1848
In care of
% R HAMMER
Principal officer (990 for 2023)
JAON TERAMO, 17 LESTYER STREET, Lynbrook, NY 11563
Signed the 990
JASON TERAMO, TREASURER
Phone
(516) 860-9098
Return prepared by
Freeport Tax Service Inc

Mission

THE USE, ENJOYMENT, AND PARTICIPATION OF MEMBERS IN ACQUATIC SPORTS

990 for the year ended March 31, 2024

Program accomplishments

  • THE USE, ENJOYMENT AND PARTICIPATION OF MEMBERS IN ACQUATIC SPORTS

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025Not on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
11-0951600
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$716,993
Income (IRS master file)
$808,937

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2024$808,937$625,530$716,993XML
990March 2023$455,828$515,163$590,017IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2019–––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 11-0951600).

Questions about KEYSTONE YACHT CLUB INC

What is the EIN of KEYSTONE YACHT CLUB INC?
The employer identification number (EIN) of KEYSTONE YACHT CLUB INC is 11-0951600.
Is KEYSTONE YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7).
Are donations to KEYSTONE YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KEYSTONE 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 KEYSTONE YACHT CLUB INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KEYSTONE YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2024.
Who is the principal officer of KEYSTONE YACHT CLUB INC?
The 990 for the year ended March 31, 2024 names JAON TERAMO.
Who are the officers and directors of KEYSTONE YACHT CLUB INC?
The 990 for the year ended March 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does KEYSTONE YACHT CLUB INC have?
On its 990 for the year ended March 31, 2024 it reported revenue of $808,937, expenses of $625,530 and total assets of $716,993 at year end.

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