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Nonprofit · EIN 13-1711657

HARLEM YACHT CLUB

Tax-exempt · BRONX, NY 10464

Financials

$581K$547K2023$563K$566K2024
Revenue Expenses · by fiscal year end
Financials of HARLEM YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$562,857$565,958-$3,101$1,299,481$29,116$1,270,365
December 31, 2023990$580,586$546,989$33,597$1,350,702$77,236$1,273,466
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$290,833
Membership dues
$290,833
Program service revenue
$272,024
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$69,021
Salaries, compensation and benefits (total)
$79,158
Professional fundraising fees
$0
Accounting fees
$3,000
Occupancy
$107,212
Depreciation
$47,942

Balance sheet and other

Total assets, start of year
$1,350,702
Total assets, end of year
$1,299,481
Total liabilities, end of year
$29,116
Net assets, end of year
$1,270,365
Land, buildings and equipment
$1,209,255
Net assets without donor restrictions
$1,270,365
Gross unrelated business income
$60,541
Gross receipts
$562,857
Employees
7
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
DAVID PEREZCHAIRMAN
Trustee or director
–$0
BRIAN HENDRICKSCHAIRMAN
Trustee or director
–$0
ERIN LEWISCHAIRMAN
Trustee or director
–$0
PIERRE DE GUZMANCHAIRMAN
Trustee or director
–$0
DAVID PATERSONCHAIRMAN
Trustee or director
–$0
LAURA FLENOCHAIRMAN
Trustee or director
–$0
ANTHONY ROSCOCHAIRMAN
Trustee or director
–$0
DREXEL HARRISCHAIRMAN
Trustee or director
–$0
DOUGLAS MCCORMICKCOMMODORE
Officer
–$0
TIM HIELVICE COMMODORE
Officer
–$0
DAVID SEXTONREAR COMMODORE
Officer
–$0
GEORGE MORSTATTTREASURER
Officer
–$0
ELLEN MURPHYSECRETARY
Officer
–$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
BRIAN HENDRICKSCHAIRMAN
Trustee or director
–$0
DAVID SEXTONCHAIRMAN
Trustee or director
–$0
JOHN DOWNSCHAIRMAN
Trustee or director
–$0
DAVID PATTERSONCHAIRMAN
Trustee or director
–$0
ANTHONY ROSCOCHAIRMAN
Trustee or director
–$0
ERIN LEWISCHAIRMAN
Trustee or director
–$0
DAVID PEREZCHAIRMAN
Trustee or director
–$0
MARK CETTACHAIRMAN
Trustee or director
–$0
PETER GREENCOMMODORE
Officer
–$0
DOUGLAS MCCORMICKVICE COMMODORE
Officer
–$0
TIM HIELREAR COMMODORE
Officer
–$0
GEORGE MORSTATTTREASURER
Officer
–$0
ELLEN MURPHYSECRETARY
Officer
–$0

Address and contacts

Address (IRS master file)
417 HUNTER AVE, BRONX, NY 10464-1332
Principal officer (990 for 2024)
GEORGE MORSTATT, 417 HUNTER AVENUE, BRONX, NY 10464
Signed the 990
GEORGE MORSTATT, TREASURER
Phone
(718) 885-3078
Return prepared by
STEPHEN FRANCIOSA CPA

Mission

To promote yachting and the cultivation and advancement of naval architecture. It has served the boating community, always striving to further the nautical arts and sciences. By sponsoring and participating in local sailboat racing events it fosters an environment for the advancement of recreational boating and competitive sailboat racing.

990 for the year ended December 31, 2024

Program accomplishments

  • To promote yachting and the cultivation and advancement of naval architecture. It has served the boating community, always striving to further the nautical arts and sciences. By sponsoring and participating in local sailboat racing events it fosters an environment for the advancement of recreational boating and competitive sailboat racing.

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
13-1711657
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,299,481
Income (IRS master file)
$562,857

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$562,857$565,958$1,299,481XML
990December 2023$580,586$546,989$1,350,702XML
990December 2022$526,521$502,083$1,278,084IRS
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 13-1711657).

Questions about HARLEM YACHT CLUB

What is the EIN of HARLEM YACHT CLUB?
The employer identification number (EIN) of HARLEM YACHT CLUB is 13-1711657.
Is HARLEM YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2016.
Are donations to HARLEM YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HARLEM 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 HARLEM 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 HARLEM 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 HARLEM YACHT CLUB?
The 990 for the year ended December 31, 2024 names GEORGE MORSTATT.
Who are the officers and directors of HARLEM YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does HARLEM YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $562,857, expenses of $565,958 and total assets of $1,299,481 at year end.

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