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Nonprofit · EIN 11-6029625

MORICHES YACHT CLUB INC

Tax-exempt · CTR MORICHES, NY 11934

Financials

$314K$324K2023$310K$316K2024
Revenue Expenses · by fiscal year end
Financials of MORICHES YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$310,145$316,352-$6,207$655,230$0$655,230
December 31, 2023990$313,787$324,183-$10,396$661,437$0$661,437
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$209,640
Membership dues
$209,640
Program service revenue
$71,183
Investment income
$2
Net rental income
$9,300
Net income from sales of inventory
$20,020
Other revenue
$29,320

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$86,948
Salaries, compensation and benefits (total)
$95,845
Professional fundraising fees
$0
Accounting fees
$3,150
Occupancy
$167,098
Program services (functional)
$316,352

Balance sheet and other

Total assets, start of year
$661,437
Total assets, end of year
$655,230
Total liabilities, end of year
$0
Net assets, end of year
$655,230
Land, buildings and equipment
$612,777
Net assets without donor restrictions
$655,230
Gross receipts
$361,337
Employees
24
Year formed
1905
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 / weekCompensation
REGINA SOTOCOMMODORE
Trustee or director, Officer
5$0
DANIEL MCKEONVICE COMMODORE
Trustee or director, Officer
5$0
RICHARD WAGNERREAR COMMODORE
Trustee or director, Officer
5$0
KEN NOSEKSECRETARY
Trustee or director, Officer
5$0
TIM LAUBETREASURER
Trustee or director, Officer
5$0
DAVE HULSEDIRECTOR
Trustee or director
5$0
NORMA JEANNE OKULADIRECTOR
Trustee or director
5$0
FRANK SCORDODIRECTOR
Trustee or director
5$0
CLYDE SCHLEINDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
CHRIS BURIANCOMMODORE
Trustee or director, Officer
5$0
REGINA SOTOVICE COMMODORE
Trustee or director, Officer
5$0
DANIEL MCKEONREAR COMMODORE
Trustee or director, Officer
5$0
KEN NOSEKSECRETARY
Trustee or director, Officer
5$0
TIM LAUBETREASURER
Trustee or director, Officer
5$0
RICHARD WAGNERDIRECTOR
Trustee or director
5$0
DAVE HULSEDIRECTOR
Trustee or director
5$0
NORMA JEANNE OKULADIRECTOR
Trustee or director
5$0
RICH HARKINDIRECTOR
Trustee or director
5$0
TRISH PORTNOYDIRECTOR
Trustee or director
5$0
CLYDE SCHLEINDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 827, CTR MORICHES, NY 11934-0827
Principal officer (990 for 2024)
TIM LAUBE, PO BOX 827, CENTER MORICHES, NY 11934
Signed the 990
TIM LAUBE, TREASURER
Phone
(631) 506-1473
Return prepared by
GIAQUINTO AND COMPANY CPA'S

Mission

OPERATE SAILING, SWIMMING AND SOCIAL CLUB

990 for the year ended December 31, 2024

Program accomplishments

  • SAILING, SWIMMING AND SOCIAL ACTIVITIES
    Expenses $316,352

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
11-6029625
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$655,230
Income (IRS master file)
$361,337

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$310,145$316,352$655,230XML
990December 2023$313,787$324,183$661,437XML
990December 2022$340,125$332,636$671,831IRS
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 11-6029625).

Questions about MORICHES YACHT CLUB INC

What is the EIN of MORICHES YACHT CLUB INC?
The employer identification number (EIN) of MORICHES YACHT CLUB INC is 11-6029625.
Is MORICHES YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
Are donations to MORICHES YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MORICHES 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 MORICHES YACHT CLUB INC 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 MORICHES YACHT CLUB INC 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 MORICHES YACHT CLUB INC?
The 990 for the year ended December 31, 2024 names TIM LAUBE.
Who are the officers and directors of MORICHES YACHT CLUB INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does MORICHES YACHT CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $310,145, expenses of $316,352 and total assets of $655,230 at year end.

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