Nonprofit · EIN 11-2138744
SOUTHOLD YACHT CLUB INC
Tax-exempt · SOUTHOLD, NY 11971
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $286,523 | $268,898 | $17,625 | $294,597 | $0 | $294,597 |
| December 31, 2024 | 990 | $256,749 | $257,403 | -$654 | $277,082 | $0 | $277,082 |
| December 31, 2023 | 990 | $223,072 | $252,026 | -$28,954 | $277,736 | $0 | $277,736 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $71,159
- Membership dues
- $60,475
- Program service revenue
- $215,292
- Investment income
- $72
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $86,541
- Salaries, compensation and benefits (total)
- $94,391
- Professional fundraising fees
- $0
- Accounting fees
- $2,200
- Occupancy
- $31,017
- Depreciation
- $12,590
- Program services (functional)
- $253,690
- Management and general (functional)
- $14,491
- Fundraising (functional)
- $717
Balance sheet and other
- Total assets, start of year
- $277,082
- Total assets, end of year
- $294,597
- Total liabilities, end of year
- $0
- Net assets, end of year
- $294,597
- Land, buildings and equipment
- $98,402
- Net assets without donor restrictions
- $213,364
- Net assets with donor restrictions
- $81,233
- Gross receipts
- $286,523
- Employees
- 22
- Year formed
- 1938
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER AMENGUAL | GOVERNOR Trustee or director | 0.5 | $0 |
| SHANNON BEAVER | VICE COMMODO Trustee or director, Officer | 0.5 | $0 |
| STEVE CHENG | GOVERNOR Trustee or director | 0.5 | $0 |
| ELIZABETH CLEARY | GOVERNOR Trustee or director | 0.5 | $0 |
| SEAN CLEARY | COMMODORE Trustee or director, Officer | 2 | $0 |
| LAUREN CONNELL | GOVERNOR Trustee or director | 0.5 | $0 |
| NANCY CUNEO | GOVERNOR Trustee or director | 0.5 | $0 |
| CELESTE FLICK | TREASURER Trustee or director, Officer | 2 | $0 |
| JEAN GISMERVIK | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| KENT LAYTON | GOVERNOR Trustee or director | 0.5 | $0 |
| MATT LYONS | REAR COMMODO Trustee or director, Officer | 0.5 | $0 |
| MELISSA MILLER | GOVERNOR Trustee or director | 0.5 | $0 |
| ANTHONY NAPPA | GOVERNOR Trustee or director | 0.5 | $0 |
| SEAN OLSEN | GOVERNOR Trustee or director | 0.5 | $0 |
| STACEY YOUNG | GOVERNOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER AMENGUAL | GOVERNOR Trustee or director | 0.5 | $0 |
| SHANNON BEAVER | VICE COMMODO Trustee or director, Officer | 0.5 | $0 |
| STEVE CHENG | GOVERNOR Trustee or director | 0.5 | $0 |
| ELIZABETH CLEARY | GOVERNOR Trustee or director | 0.5 | $0 |
| SEAN CLEARY | COMMODORE Trustee or director, Officer | 2 | $0 |
| NANCY CUNEO | GOVERNOR Trustee or director | 0.5 | $0 |
| CELESTE FLICK | TREASURER Trustee or director, Officer | 2 | $0 |
| JEAN GISMERVIK | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| KENT LAYTON | GOVERNOR Trustee or director | 0.5 | $0 |
| MATT LYONS | REAR COMMODO Trustee or director, Officer | 0.5 | $0 |
| MELISSA MILLER | GOVERNOR Trustee or director | 0.5 | $0 |
| ANTHONY NAPPA | GOVERNOR Trustee or director | 0.5 | $0 |
| SEAN OLSEN | GOVERNOR Trustee or director | 0.5 | $0 |
| STACEY YOUNG | GOVERNOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER AMENGUAL | GOVERNOR Trustee or director | 0.5 | $0 |
| SHANNON BEAVER | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| MIKE CALLANAN | FORMER COMMO Trustee or director | 0.5 | $0 |
| STEVE CHENG | GOVERNOR Trustee or director | 0.5 | $0 |
| ELIZABETH CLEARY | GOVERNOR Trustee or director | 0.5 | $0 |
| SEAN CLEARY | VICE COMMODO Trustee or director, Officer | 0.5 | $0 |
| SUSAN EWING | GOVERNOR Trustee or director | 0.5 | $0 |
| CELESTE FLICK | TREASURER Trustee or director, Officer | 2 | $0 |
| KATHLEEN GELDERMAN | GOVERNOR Trustee or director | 0.5 | $0 |
| KENT LAYTON | GOVERNOR Trustee or director | 0.5 | $0 |
| MATT LYONS | GOVERNOR Trustee or director | 0.5 | $0 |
| MELISSA MILLER | GOVERNOR Trustee or director | 0.5 | $0 |
| SEAN OLSEN | GOVERNOR Trustee or director | 0.5 | $0 |
| GREG YOUNG | COMMODORE Trustee or director, Officer | 2 | $0 |
| STACEY YOUNG | GOVERNOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 546, SOUTHOLD, NY 11971-0546
- In care of
- % LAUREN GORDON MANDELBAUM
- Principal officer (990 for 2025)
- GREG YOUNG
- Signed the 990
- GREG YOUNG, FORMER COMMODORE
- Phone
- (631) 765-5629
- Website
- SOUTHOLDYACHTCLUB.COM
- Return prepared by
- FERRETTI & ODELL CPA'S PLLC
Mission
TO MAKE SAILING ACCESSIBLE TO THE NORTH FORK COMMUNITY BY MAINTAINING INEXPENSIVE DUES AND LOW SAILING SCHOOL TUITION.
Program accomplishments
- TO MAKE SAILING ACCESSIBLE TO THE NORTH FORK COMMUNITY BY MAINTAINING INEXPENSIVE DUES AND LOW SAILING SCHOOL TUITION.Expenses $253,690
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 | 990 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
- 11-2138744
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $294,597
- Income (IRS master file)
- $286,523
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $286,523 | $268,898 | $294,597 | XML |
| 990 | December 2024 | $256,749 | $257,403 | $277,082 | IRS |
| 990 | December 2023 | $223,072 | $252,026 | $277,736 | XML |
| 990 | December 2022 | $229,802 | $229,562 | $306,690 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 11-2138744).
Questions about SOUTHOLD YACHT CLUB INC
- What is the EIN of SOUTHOLD YACHT CLUB INC?
- The employer identification number (EIN) of SOUTHOLD YACHT CLUB INC is 11-2138744.
- Is SOUTHOLD YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SOUTHOLD YACHT CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHOLD 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 SOUTHOLD YACHT CLUB INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHOLD YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOUTHOLD YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names GREG YOUNG.
- Who are the officers and directors of SOUTHOLD YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does SOUTHOLD YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $286,523, expenses of $268,898 and total assets of $294,597 at year end.
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