Nonprofit · EIN 13-1695650
AMERICAN YACHT CLUB
Tax-exempt · RYE, NY 10580
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $17,150,018 | $11,398,004 | $5,752,014 | $22,865,792 | $792,292 | $22,073,500 |
| October 31, 2024 | 990 | $11,672,826 | $10,634,842 | $1,037,984 | $16,668,510 | $490,573 | $16,177,937 |
| October 31, 2023 | 990 | $10,969,122 | $10,154,074 | $815,048 | $15,233,199 | $443,360 | $14,789,839 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $70,913
- Program service revenue
- $12,799,793
- Investment income
- $359,442
- Net gain from sales of assets
- $95,501
- Net income from sales of inventory
- $3,919,870
- Other revenue
- $3,919,870
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $343,207
- Other salaries and wages
- $4,646,001
- Salaries, compensation and benefits (total)
- $6,383,767
- Professional fundraising fees
- $0
- Legal fees
- $13,420
- Accounting fees
- $21,645
- Occupancy
- $641,420
- Travel
- $9,269
- Depreciation
- $995,795
Balance sheet and other
- Total assets, start of year
- $16,668,510
- Total assets, end of year
- $22,865,792
- Total liabilities, end of year
- $792,292
- Net assets, end of year
- $22,073,500
- Land, buildings and equipment
- $9,314,376
- Publicly traded securities
- $2,709,093
- Net assets without donor restrictions
- $22,073,500
- Gross unrelated business income
- $704,901
- Gross receipts
- $19,059,900
- Employees
- 235
- Volunteers
- 15
- Year formed
- 1883
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY MARTOCCI | GENERAL MANAGER Key employee | 40 | $334,998 | $10,932 |
| STEPHEN RUCCI | CONTROLLER Highest-paid employee | 40 | $209,469 | $6,900 |
| WILLIAM PUTERBAUGH | HARBOR CAPTAIN Highest-paid employee | 40 | $179,153 | $3,441 |
| KEVIN BROOME | SAILING DIRECTOR Highest-paid employee | 40 | $155,198 | $5,218 |
| ERIC BURHANS | ASST. GM Highest-paid employee | 40 | $152,548 | $6,208 |
| GARY LAU | EVENTS MANAGER Highest-paid employee | 40 | $148,526 | $5,005 |
| ELIZABETH C ALEXANDER | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| THOMAS W TOBIN | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| BARRY P GOLD | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| LAURA U BRETT | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ERNEST BOURASSA | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| ERIK T ASGEIRSSON | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MICHAEL M BEERS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| HILARY BURT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| GIFF CONSTABLE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIK GRABER | BOARD MEMBER Trustee or director | 3 | $0 |
| RICHARD B JESSOP | BOARD MEMBER Trustee or director | 3 | $0 |
| ELIZABETH S LUCIANO | BOARD MEMBER Trustee or director | 3 | $0 |
| JILL PETERS MACVICAR | BOARD MEMBER Trustee or director | 3 | $0 |
| BRUCE E MCCARTHY | BOARD MEMBER Trustee or director | 3 | $0 |
| MELISSA MAHONEY WIRTH | BOARD MEMBER Trustee or director | 3 | $0 |
990 for the year ended October 31, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY MARTOCCI | GENERAL MANAGER Key employee | 40 | $265,669 | $35,043 |
| STEPHEN RUCCI | CONTROLLER Highest-paid employee | 40 | $195,261 | $18,781 |
| WILLIAM PUTERBAUGH | HARBOR CAPTAIN Highest-paid employee | 40 | $163,269 | $38,237 |
| NICOLE MCGEE | CHEF Highest-paid employee | 40 | $165,935 | $13,388 |
| GARY LAU | EVENTS MANAGER Highest-paid employee | 40 | $136,413 | $35,227 |
| HUMPHREYS DANIELLE | ASSISTANT GENERAL MANAGER Highest-paid employee | 40 | $152,640 | $16,823 |
| ELIZABETH C ALEXANDER | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| THOMAS TOBIN | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| BARRY GOLD | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| LAURA BRETT | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ERNEST BOURASSA | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| ERIK T ASGEIRSSON | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MICHAEL M BEERS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| HILARY BURT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| GIFF CONSTABLE | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SCOTT T FLORIO | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ERIK GRABER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| RICHARD B JESSOP | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ELIZABETH S LUCIANO | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JILL PETERS MACVICAR | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| BRUCE E MCCARTHY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MELISSA MAHONEY WIRTH | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
990 for the year ended October 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN RUCCI | CONTROLLER Highest-paid employee | 40 | $192,991 | $15,307 |
| WILLIAM PUTERBAUGH | HARBORMASTER Highest-paid employee | 40 | $156,761 | $27,167 |
| GARY LAU | EVENTS MANAGER Highest-paid employee | 40 | $125,983 | $31,073 |
| KEVIN BROOME | SAILING DIRECTOR Highest-paid employee | 40 | $131,210 | $13,601 |
| MICHAEL RIVERS | MAINTENANCE MANAGER Highest-paid employee | 40 | $109,020 | $16,211 |
| THOMAS R BLACKWELL | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| RICHARD B JESSOP | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| ELIZABETH C ALEXANDER | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| LAURA BRETT | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| ERNEST BOURASSA | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| PAULA SCHAEFER | BOARD MEMBER (TO 12/22) Trustee or director | 3 | $0 | $0 |
| MARKUS LAHRKAMP | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JAMES KELSEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JENNIFER LEARY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SCOTT T FLORIO | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ANDREW P GIGLIA | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| FRANK LUCIANO LL | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOSEPH MOONEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| PATRICIA A MOSCONI | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DOUGLAS ROTH | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ALEX SEILER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- MILTON POINT, RYE, NY 10580-0000
- In care of
- % DAVID SCHWARTZ-LEEPER
- Principal officer (990 for 2024)
- ERNEST BOURASSA, MILTON POINT, RYE, NY 105800651
- Signed the 990
- ERNEST BOURASSA, TREASURER
- Phone
- (914) 967-4800
- Website
- WWW.AMERICANYC.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
THE CLUB WAS ORGANIZED TO PROMOTE SOCIAL RECREATION AMONG IT'S MEMBERS AND TO ENCOURAGE SAILING AND YACHTING ACTIVITIES.
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 13-1695650
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $22,865,792
- Income (IRS master file)
- $19,059,900
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $17,150,018 | $11,398,004 | $22,865,792 | XML |
| 990 | October 2024 | $11,672,826 | $10,634,842 | $16,668,510 | XML |
| 990 | October 2023 | $10,969,122 | $10,154,074 | $15,233,199 | XML |
| 990 | October 2022 | $10,489,305 | $9,972,550 | $14,373,671 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 13-1695650).
Questions about AMERICAN YACHT CLUB
- What is the EIN of AMERICAN YACHT CLUB?
- The employer identification number (EIN) of AMERICAN YACHT CLUB is 13-1695650.
- Is AMERICAN YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1943.
- Are donations to AMERICAN YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN 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 AMERICAN YACHT CLUB due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of AMERICAN YACHT CLUB?
- The 990 for the year ended October 31, 2025 names ERNEST BOURASSA.
- Who are the officers and directors of AMERICAN YACHT CLUB?
- The 990 for the year ended October 31, 2025 lists 21 people; 6 received compensation from the organization, the highest $334,998 (JEFFREY MARTOCCI, GENERAL MANAGER).
- How much revenue does AMERICAN YACHT CLUB have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $17,150,018, expenses of $11,398,004 and total assets of $22,865,792 at year end.
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