Nonprofit · EIN 11-1041380
MANHASSET BAY YACHT CLUB
Tax-exempt · PRT WASHINGTN, NY 11050
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,698,604 | $6,565,179 | -$866,575 | $6,512,772 | $3,289,947 | $3,222,825 |
| December 31, 2023 | 990 | $5,948,425 | $6,685,634 | -$737,209 | $6,948,574 | $2,861,005 | $4,087,569 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,903,203
- Investment income
- $234
- Net income from sales of inventory
- $2,779,892
- Other revenue
- $2,795,167
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $169,065
- Other salaries and wages
- $2,908,854
- Salaries, compensation and benefits (total)
- $3,640,843
- Professional fundraising fees
- $0
- Accounting fees
- $25,000
- Occupancy
- $470,877
- Depreciation
- $548,996
Balance sheet and other
- Total assets, start of year
- $6,948,574
- Total assets, end of year
- $6,512,772
- Total liabilities, end of year
- $3,289,947
- Net assets, end of year
- $3,222,825
- Land, buildings and equipment
- $3,626,250
- Net assets without donor restrictions
- $3,222,825
- Gross unrelated business income
- $361,999
- Gross receipts
- $6,405,679
- Employees
- 124
- Volunteers
- 11
- Year formed
- 1891
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHY CAAMANO | GM Key employee | 40 | $203,273 | $2,817 |
| PATRICK WOODSIDE | CHEF Highest-paid employee | 40 | $159,061 | $19,212 |
| PETER JAMISON | DOCKMASTER Highest-paid employee | 40 | $133,677 | $10,598 |
| CRISTIAN VALENZUELA | F&B MANAGER Highest-paid employee | 40 | $108,786 | $17,186 |
| EDWARD ANDEL | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| DAVID CORNACHIO | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT SCHWARTZ | ASST. TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| AVIVA PINTO | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ADAM PAGE HESS | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| EDWARD BONNIE | FLEET CAPTAIN Trustee or director, Officer | 3 | $0 | $0 |
| TIMOTHY REILLY | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BONNIE DORAN | ASST. SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOHN BROWNING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NICHOLAS CYPRUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH KAHL | TRUSTEE Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIE HOROWITZ | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS MULVIHILL | TRUSTEE Trustee or director | 1 | $0 |
| MARK THOMPSON | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHY CAAMANO | GENERAL MANAGER Key employee | 40 | $174,500 | $2,197 |
| PATRICK WOODSIDE | EXECUTIVE CHEF Highest-paid employee | 40 | $132,650 | $18,014 |
| PETER JAMISON | DOCKMASTER Highest-paid employee | 40 | $125,400 | $9,891 |
| JOHN SWEENEY | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| EDWARD ANDEL | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT SCHWARTZ | ASST. TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| AVIVA PINTO | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ELIZABETH KAHL | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ADAM HESS | FLEET CAPTAIN Trustee or director, Officer | 3 | $0 | $0 |
| TIMOTHY REILLY | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BONNIE DORAN | ASST. SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOHN BROWNING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NICHOLAS CYPRUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID CORNACHIO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARIE HOROWITZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JACKIE RENTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK THOMPSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 455 MAIN ST, PRT WASHINGTN, NY 11050-3111
- Principal officer (990 for 2024)
- TIMOTHY REILLY, 455 MAIN STREET, PORT WASHINGTON, NY 110503111
- Signed the 990
- TIMOTHY REILLY, TREASURER
- Phone
- (516) 767-2150
- Website
- WWW.MANHASSETBAYYC.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
SEE SCHEDULE O
Program accomplishments
- TAX EXEMPT CLUB ACTIVITIES.
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 | Not 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
- 11-1041380
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,512,772
- Income (IRS master file)
- $6,405,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,698,604 | $6,565,179 | $6,512,772 | IRS |
| 990 | December 2023 | $5,948,425 | $6,685,634 | $6,948,574 | XML |
| 990 | December 2022 | $5,957,265 | $6,101,539 | $7,893,356 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 11-1041380).
Questions about MANHASSET BAY YACHT CLUB
- What is the EIN of MANHASSET BAY YACHT CLUB?
- The employer identification number (EIN) of MANHASSET BAY YACHT CLUB is 11-1041380.
- Is MANHASSET BAY YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
- Are donations to MANHASSET BAY YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MANHASSET BAY 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 MANHASSET BAY 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 MANHASSET BAY YACHT CLUB 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 MANHASSET BAY YACHT CLUB?
- The 990 for the year ended December 31, 2024 names TIMOTHY REILLY.
- Who are the officers and directors of MANHASSET BAY YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 18 people; 4 received compensation from the organization, the highest $203,273 (CATHY CAAMANO, GM).
- How much revenue does MANHASSET BAY YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,698,604, expenses of $6,565,179 and total assets of $6,512,772 at year end.
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