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Nonprofit · EIN 11-1310150

SEAWANHAKA CORINTHIAN YACHT CLUB

Tax-exempt · OYSTER BAY, NY 11771

Financials

$5.8M$6.1M2023$6.6M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of SEAWANHAKA CORINTHIAN YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,574,827$6,429,008$145,819$7,321,470$2,330,817$4,990,653
December 31, 2023990$5,795,858$6,071,272-$275,414$7,000,512$2,205,328$4,795,184
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$71,775
Program service revenue
$2,807,070
Investment income
$75,433
Net rental income
$261,175
Net gain from sales of assets
$5,112
Net income from sales of inventory
$3,359,374
Other revenue
$3,620,549

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$196,610
Other salaries and wages
$3,027,201
Salaries, compensation and benefits (total)
$3,764,421
Professional fundraising fees
$0
Legal fees
$13,469
Accounting fees
$29,333
Occupancy
$376,335
Depreciation
$414,201

Balance sheet and other

Total assets, start of year
$7,000,512
Total assets, end of year
$7,321,470
Total liabilities, end of year
$2,330,817
Net assets, end of year
$4,990,653
Land, buildings and equipment
$3,016,746
Publicly traded securities
$312,836
Net assets without donor restrictions
$4,677,817
Net assets with donor restrictions
$312,836
Gross unrelated business income
$1,013,405
Gross receipts
$7,558,570
Employees
89
Volunteers
18
Year formed
1871
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.

NameTitleHours / weekCompensationOther / benefits
TOMAS RUIZGENERAL MANAGER
Key employee
40$165,166$31,444
ROBERT SATORYBOATYARD MANAGER
Highest-paid employee
40$152,488$30,423
DANIELLE IMPARATOASSISTANT CONTROLLER
Highest-paid employee
40$116,379$4,603
DAVID RISCHBOATYARD SERVICE MANAGER
Highest-paid employee
40$106,324$10,125
ROBERT W FAGIOLACOMMODORE
Trustee or director, Officer
3$0$0
JULIAN P FISHER IIVICE-COMMODORE
Trustee or director, Officer
3$0$0
PETER C TROXLERREAR-COMMODORE
Trustee or director, Officer
3$0$0
KAREN J MARTINSECRETARY
Trustee or director, Officer
3$0$0
W RUSSELL G BYERS JRTREASURER
Trustee or director, Officer
3$0$0
PAULA GONTHIERTRUSTEE
Trustee or director
3$0$0
CHRISTINA BLAISETRUSTEE
Trustee or director
3$0$0
AVRAM LESSMANTRUSTEE
Trustee or director
3$0$0
JOHN P CHRISTMANTRUSTEE
Trustee or director
3$0$0
JESSICA GARRISONTRUSTEE
Trustee or director
3$0$0
CHRISTINA W MEYERTRUSTEE
Trustee or director
3$0$0
7 more people on this return
NameTitleHours / weekCompensation
DAVID S MEYERTRUSTEE
Trustee or director
3$0
COBURN PACKARDTRUSTEE
Trustee or director
3$0
BRUCE W SCHADLER JRTRUSTEE
Trustee or director
3$0
MICHAEL SNIFFENTRUSTEE
Trustee or director
3$0
ALLEN J UNDERWOOD IIESQTRUSTEE
Trustee or director
3$0
ALEX URDEATRUSTEE
Trustee or director
3$0
CARRIE PACKARDTRUSTEE
Trustee or director
3$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
TOMAS RUIZGENERAL MANAGER
Key employee
40$150,929$22,497
ROBERT SATORYBOATYARD MANAGER
Highest-paid employee
40$147,066$17,101
ARTHUR BOHNERBOATYARD ASSISTANT MANAGER
Highest-paid employee
40$102,591$16,795
MELVIN MEJIAEXECUTIVE CHEF
Highest-paid employee
40$112,949$4,457
DANIELLE IMPARATOASSISTANT CONTROLLE
Highest-paid employee
40$112,006$4,457
ROBERT W FAGIOLACOMMODORE
Trustee or director, Officer
3$0$0
JULIAN P FISHER IIVICE-COMMODORE
Trustee or director, Officer
3$0$0
PETER C TROXLERREAR-COMMODORE
Trustee or director, Officer
3$0$0
KAREN MARTINSECRETARY
Trustee or director, Officer
3$0$0
W RUSSELL G BYERS JRTREASURER
Trustee or director, Officer
3$0$0
JOHN J BENJAMINTRUSTEE
Trustee or director
3$0$0
CHRISTINA BLAISETRUSTEE
Trustee or director
3$0$0
BRENT BOMPKAMPTRUSTEE
Trustee or director
3$0$0
JOHN P CHRISTMANTRUSTEE
Trustee or director
3$0$0
JESSICA GARRISONTRUSTEE
Trustee or director
3$0$0
NANCY LIPPMAN ISRAELITRUSTEE
Trustee or director
3$0$0
AVRAM LESSMANTRUSTEE
Trustee or director
3$0$0
COBURN PACKARDTRUSTEE
Trustee or director
3$0$0
BRUCE W SCHADLER JRTRUSTEE
Trustee or director
3$0$0
MICHAEL SNIFFENTRUSTEE
Trustee or director
3$0$0
ALLEN J UNDERWOOD IIESQTRUSTEE
Trustee or director
3$0$0
ALEX URDEATRUSTEE
Trustee or director
3$0$0
CHRISTINA W MEYERTRUSTEE
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
314 YACHT CLUB ROAD, OYSTER BAY, NY 11771-4902
Principal officer (990 for 2024)
ROBERT FAGIOLA, 314 YACHT CLUB ROAD, CENTRE ISLAND, NY 11771
Signed the 990
ROBERT FAGIOLA, COMMODORE
Phone
(516) 922-6200
Return prepared by
CONDON O'MEARA MCGINTY & DONNELLY LLP

Mission

TO ENCOURAGE ITS MEMBERS TO BECOME PROFICIENT IN THE PERSONAL MANAGEMENT, CONTROL AND HANDLING OF THEIR YACHTS IN EVERY CONDITION, INCLUDING MATTERS PERTAINING TO NAVIGATION, SEMANSHIP, CRUISING, COMPETITIVE SAILING AND RACE MANAGEMENT.

990 for the year ended December 31, 2024

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 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
11-1310150
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,321,470
Income (IRS master file)
$7,558,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,574,827$6,429,008$7,321,470XML
990December 2023$5,795,858$6,071,272$7,000,512XML
990December 2022$5,645,644$5,549,189$7,181,588IRS
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 11-1310150).

Questions about SEAWANHAKA CORINTHIAN YACHT CLUB

What is the EIN of SEAWANHAKA CORINTHIAN YACHT CLUB?
The employer identification number (EIN) of SEAWANHAKA CORINTHIAN YACHT CLUB is 11-1310150.
Is SEAWANHAKA CORINTHIAN YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1934.
Are donations to SEAWANHAKA CORINTHIAN YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SEAWANHAKA CORINTHIAN 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 SEAWANHAKA CORINTHIAN 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 SEAWANHAKA CORINTHIAN 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 SEAWANHAKA CORINTHIAN YACHT CLUB?
The 990 for the year ended December 31, 2024 names ROBERT FAGIOLA.
Who are the officers and directors of SEAWANHAKA CORINTHIAN YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 22 people; 4 received compensation from the organization, the highest $165,166 (TOMAS RUIZ, GENERAL MANAGER).
How much revenue does SEAWANHAKA CORINTHIAN YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,574,827, expenses of $6,429,008 and total assets of $7,321,470 at year end.

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