Nonprofit · EIN 13-1102800
NEW YORK YACHT CLUB
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $28,887,365 | $28,357,661 | $529,704 | $54,729,191 | $3,667,164 | $51,062,027 |
| December 31, 2023 | 990 | $26,982,549 | $26,876,531 | $106,018 | $53,241,406 | $3,202,484 | $50,038,922 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $15,102,680
- Investment income
- $997,214
- Net gain from sales of assets
- $391,400
- Net income from sales of inventory
- $12,787,471
- Other revenue
- $12,787,471
Expenses
- Grants and similar amounts paid
- $1,120,338
- Compensation of officers, directors and key employees
- $1,232,726
- Other salaries and wages
- $9,146,230
- Salaries, compensation and benefits (total)
- $15,644,442
- Professional fundraising fees
- $0
- Legal fees
- $40,516
- Accounting fees
- $49,807
- Occupancy
- $1,215,187
- Travel
- $28,278
- Depreciation
- $3,381,110
Balance sheet and other
- Total assets, start of year
- $53,241,406
- Total assets, end of year
- $54,729,191
- Total liabilities, end of year
- $3,667,164
- Net assets, end of year
- $51,062,027
- Land, buildings and equipment
- $37,994,211
- Publicly traded securities
- $10,682,285
- Net assets without donor restrictions
- $50,874,704
- Net assets with donor restrictions
- $187,323
- Gross unrelated business income
- $3,924,682
- Gross receipts
- $34,896,010
- Employees
- 321
- Volunteers
- 22
- Year formed
- 1865
- 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 |
|---|---|---|---|---|
| JAMES B BOYD | CO-GENERAL MANAGER Key employee | 40 | $568,022 | $61,254 |
| TIMOTHY J MCCORMICK | CO-GENERAL MANAGER Key employee | 37.5 | $542,605 | $60,845 |
| MICHAEL CRONIN CPA | COMPTROLLER Highest-paid employee | 37.5 | $417,364 | $77,029 |
| JOHN RELLAH JR | EXECUTIVE CHEF Highest-paid employee | 37.5 | $289,567 | $69,779 |
| JULIA GARABEDIAN RUEGG | DIRECTOR OF FACILITIES Highest-paid employee | 37.5 | $220,357 | $60,532 |
| TIMOTHY HILL | SENIOR DIRECTOR OF COMM. & MEMBER Highest-paid employee | 37.5 | $213,480 | $59,918 |
| MATTHEW DELANEY | CHIEF ENGINEERING Highest-paid employee | 40 | $193,268 | $51,426 |
| L JAY CROSS | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| CLARE G HARRINGTON | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| PETER J CUMMISKEY | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| PETER P BENEDETTO II | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ROBBIE BENJAMIN | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BELINDA J SHEPARD | TRUSTEE Trustee or director | 3 | $0 | $0 |
| D'ARCY CARR | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JAMES A HILTON SR | TRUSTEE Trustee or director | 3 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FORREST G WILLIAMS II | TRUSTEE Trustee or director | 3 | $0 |
| BENJAMIN E KINNEY | TRUSTEE Trustee or director | 3 | $0 |
| SENET S BISCHOFF | TRUSTEE Trustee or director | 3 | $0 |
| PETER LEVESQUE | TRUSTEE Trustee or director | 3 | $0 |
| RALPH U WHIPPLE JR | TRUSTEE Trustee or director | 3 | $0 |
| STEVEN A WOLFF | TRUSTEE Trustee or director | 3 | $0 |
| BRIAN C FOX | TRUSTEE Trustee or director | 3 | $0 |
| AUSTIN T FRAGOMEN JR | TRUSTEE Trustee or director | 3 | $0 |
| G THOMPSON HUTTON | TRUSTEE Trustee or director | 3 | $0 |
| PETER MCCLENNEN | TRUSTEE Trustee or director | 3 | $0 |
| BENJAMIN I DYETT JR | TRUSTEE Trustee or director | 3 | $0 |
| SUSANNE LEECH | TRUSTEE Trustee or director | 3 | $0 |
| LINDA LINDQUIST-BISHOP | TRUSTEE Trustee or director | 3 | $0 |
| CORNELIA F SERTL | TRUSTEE Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY J MCCORMICK | CO-GENERAL MANAGER Key employee | 37.5 | $530,117 | $73,588 |
| JAMES B BOYD | CO-GENERAL MANAGER Key employee | 40 | $499,477 | $78,292 |
| MICHAEL CRONIN CPA | COMPTROLLER Highest-paid employee | 37.5 | $397,163 | $75,484 |
| JOHN RELLAH JR | EXECUTIVE CHEF Highest-paid employee | 37.5 | $274,948 | $66,609 |
| JULIA GARABEDIAN RUEGG | DIRECTOR OF FACILITIES Highest-paid employee | 37.5 | $205,079 | $56,068 |
| TIMOTHY HILL SENIOR | DIRECTOR OF COMM. & MEMBER Highest-paid employee | 37.5 | $202,667 | $55,068 |
| MATTHEW DELANEY | CHIEF ENGINEERING Highest-paid employee | 40 | $184,493 | $50,217 |
| PAUL M ZABETAKIS MD | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| L JAY CROSS | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| CLARE G HARRINGTON | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| PETER P BENEDETTO II | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| JOHN C R HELE | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BELINDA J SHEPARD | TRUSTEE Trustee or director | 3 | $0 | $0 |
| D'ARCY CARR | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JAMES A HILTON SR | TRUSTEE Trustee or director | 3 | $0 | $0 |
| FORREST G WILLIAMS II | TRUSTEE Trustee or director | 3 | $0 | $0 |
| BENJAMIN E KINNEY | TRUSTEE Trustee or director | 3 | $0 | $0 |
| EDWARD ROCKWELL CESARE | TRUSTEE Trustee or director | 3 | $0 | $0 |
| JOHN J FAUTH | TRUSTEE Trustee or director | 3 | $0 | $0 |
| SUSANNE LEECH | TRUSTEE Trustee or director | 3 | $0 | $0 |
| LINDA LINDQUIST-BISHOP | TRUSTEE Trustee or director | 3 | $0 | $0 |
| SENET S BISCHOFF | TRUSTEE Trustee or director | 3 | $0 | $0 |
| PETER LEVESQUE | TRUSTEE Trustee or director | 3 | $0 | $0 |
| RALPH U WHIPPLE JR | TRUSTEE Trustee or director | 3 | $0 | $0 |
| STEVEN A WOLFF | TRUSTEE Trustee or director | 3 | $0 | $0 |
| BRIAN C FOX | TRUSTEE Trustee or director | 3 | $0 | $0 |
| AUSTIN T FRAGOMEN JR | TRUSTEE Trustee or director | 3 | $0 | $0 |
| G THOMPSON HUTTON | TRUSTEE Trustee or director | 3 | $0 | $0 |
| PETER MCCLENNEN | TRUSTEE Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 37 W 44TH ST, NEW YORK, NY 10036-6613
- In care of
- % THE NEW YORK YACHT CLUB
- Principal officer (990 for 2024)
- ROBBIE BENJAMIN, 37 WEST 44TH STREET, NEW YORK, NY 100366613
- Signed the 990
- ROBBIE BENJAMIN, TREASURER
- Phone
- (212) 382-1000
- Website
- WWW.NYYC.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
TO ATTRACT AND BRING TOGETHER A DEDICATED GROUP IN YACHTING AND NAVAL MEMBERS TO SHARE AND FOSTER THEIR INTEREST IN YACHTING AND YACHT RACING;(CONTINUE ON 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
- 13-1102800
- 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)
- $54,729,191
- Income (IRS master file)
- $34,896,010
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $28,887,365 | $28,357,661 | $54,729,191 | XML |
| 990 | December 2023 | $26,982,549 | $26,876,531 | $53,241,406 | XML |
| 990 | December 2022 | $24,855,889 | $24,108,199 | $51,553,114 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-1102800).
Questions about NEW YORK YACHT CLUB
- What is the EIN of NEW YORK YACHT CLUB?
- The employer identification number (EIN) of NEW YORK YACHT CLUB is 13-1102800.
- Is NEW YORK YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1934.
- Are donations to NEW YORK YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW YORK 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 NEW YORK 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 NEW YORK 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 NEW YORK YACHT CLUB?
- The 990 for the year ended December 31, 2024 names ROBBIE BENJAMIN.
- Who are the officers and directors of NEW YORK YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 29 people; 7 received compensation from the organization, the highest $568,022 (JAMES B BOYD, CO-GENERAL MANAGER).
- How much revenue does NEW YORK YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $28,887,365, expenses of $28,357,661 and total assets of $54,729,191 at year end.
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