Nonprofit · EIN 13-4061214
PORT CHESTER YACHT CLUB INC
Tax-exempt · PORT CHESTER, NY 10573
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $131,742 | $149,462 | -$17,720 | $480,928 | $12,071 | $468,857 |
| December 31, 2023 | 990-EZ | $150,095 | $141,489 | $8,606 | $499,134 | $7,675 | $491,459 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $42,306
- Investment income
- $6,769
- Net gain from sales of assets
- -$9,250
- Net income from fundraising events
- $1,613
- Other revenue
- $82,667
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $30,525
- Depreciation
- $11,031
Balance sheet and other
- Total assets, start of year
- $499,134
- Total assets, end of year
- $480,928
- Total liabilities, end of year
- $12,071
- Net assets, end of year
- $468,857
- Land, buildings and equipment
- $107,199
- Net assets without donor restrictions
- $468,857
- Gross unrelated business income
- $16,019
- Gross receipts
- $231,742
- Employees
- 0
- Year formed
- 1928
- 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 |
|---|---|---|---|
| GEORGE MANSFIELD | Rear Commodore Officer | 2 | $0 |
| SALVATORE MUTO | President & CEO Officer | 2 | $0 |
| NICHOLAS MEGDANIS | Vice Commodore Officer | 2 | $0 |
| BRIAN HICKEY | FLEET CAPTAIN Officer | 2 | $0 |
| ROBERT SPERDUTO | Treasurer Officer | 2 | $0 |
| CHRISTOPHER DUTRA | Secretary Officer | 2 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE MANSFIELD | Rear Commodore | 2 | $0 |
| SALVATORE MUTO | President & CEO | 2 | $0 |
| NICHOLAS MEGDANIS | Vice Commodore | 2 | $0 |
| BRIAN HICKEY | FLEET CAPTAIN | 2 | $0 |
| ROBERT SPERDUTO | Treasurer | 2 | $0 |
| CHRISTOPHER DUTRA | Secretary | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 84 FOX ISLAND RD, PORT CHESTER, NY 10573-5008
- Signed the 990
- ROBERT SPERDUTO, Treasurer
- Phone
- (914) 939-9687
- Website
- portchesteryachtclub.com
- Return prepared by
- Sperduto Spector & Co CPAs PC
Mission
The objective of the Yacht Club is to foster and encourage the sport of boating, motor boating, yachting, and all kindred sports pertaining to the above. It also promotes the science of seamanship and navigation.
Program accomplishments
- The Yacht Club fostered and encouraged the sport of boating, motor boating, yachting, and all kindred sports pertaining to the above. It also promoted the science of seamanship and navigation.
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-EZ on file |
IRS record
- EIN
- 13-4061214
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $480,928
- Income (IRS master file)
- $231,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $131,742 | $149,462 | $480,928 | XML |
| 990-EZ | December 2023 | $150,095 | $141,489 | $499,134 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 13-4061214).
Questions about PORT CHESTER YACHT CLUB INC
- What is the EIN of PORT CHESTER YACHT CLUB INC?
- The employer identification number (EIN) of PORT CHESTER YACHT CLUB INC is 13-4061214.
- Is PORT CHESTER YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1999.
- Are donations to PORT CHESTER YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PORT CHESTER 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 PORT CHESTER 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 PORT CHESTER 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 are the officers and directors of PORT CHESTER YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does PORT CHESTER YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $131,742, expenses of $149,462 and total assets of $480,928 at year end.
Other nonprofits in PORT CHESTER
- MORRYS CAMP INC EIN 13-3851126 · last filed 990 for 2024
- PORT CHESTER YOUTH BASEBALL LEAGUE EIN 83-0381094 · last filed 990 for 2024
- NOR EAST CLIPPERS BASEBALL CORP EIN 84-2565030 · last filed 990 for 2025
- T3 TEAM TRIPLE THREAT INC EIN 82-2414772 · last filed 990 for 2025
- PORT CHESTER SOCCER CLUB INC EIN 71-0928471 · last filed 990-EZ for 2024
- FRIENDS OF BLIND BROOK VOLLEY CORPORATION EIN 99-1810604 · last filed 990-N for 2024
- ELITE FITNESS AND PERFORMANCE FOUNDATION INC EIN 84-2293299 · last filed 990-N for 2024
- MICHIGAN STATE UNIVERSITY ALUMNI CLUB OF GREATER NEW YORK EIN 13-4352994 · last filed 990-N for 2025
All nonprofits in PORT CHESTER · New York · Recreation and sports