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Nonprofit · EIN 21-0604231

SHORE ACRES YACHT CLUB INC

Tax-exempt · BRICK, NJ 08723

Financials

$492K$407K2023$458K$446K2024$564K$497K2025
Revenue Expenses · by fiscal year end
Financials of SHORE ACRES YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$564,220$497,405$66,815$1,085,105$453,596$631,509
December 31, 2024990$458,225$446,159$12,066$1,049,862$485,168$564,694
December 31, 2023990$492,040$406,697$85,343$1,052,147$499,519$552,628
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$277,783
Membership dues
$224,488
Program service revenue
$68,627
Investment income
$4,451
Royalties
$165
Net rental income
$10,030
Net gain from sales of assets
$2,550
Net income from sales of inventory
$203,164
Other revenue
$213,359

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$188,609
Salaries, compensation and benefits (total)
$210,087
Professional fundraising fees
$0
Legal fees
$1,377
Accounting fees
$6,607
Occupancy
$48,471
Travel
$2,514
Depreciation
$47,894
Program services (functional)
$481,816
Management and general (functional)
$15,589

Balance sheet and other

Total assets, start of year
$1,049,862
Total assets, end of year
$1,085,105
Total liabilities, end of year
$453,596
Net assets, end of year
$631,509
Land, buildings and equipment
$901,853
Gross receipts
$715,779
Employees
23
Volunteers
50
Year formed
1940
State of legal domicile
NJ

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jacqui FiorillaTrustee
Trustee or director
10$279
Philip AgneloTrustee/Bd President
Trustee or director, Officer
10$0
Paul KileyTrustee/Bd VP
Trustee or director, Officer
10$0
Michelle BanhamTreasurer
Officer
10$0
Nancy Van De VaarstSecretary
Officer
1$0
Bill ArmbrusterTrustee/Fleet Captain
Trustee or director, Officer
10$0
William DemandTrustee
Trustee or director
10$0
Jennifer DiBerardinoTrustee
Trustee or director
10$0
Michael LennoxTrustee
Trustee or director
10$0
Paul KileyTrustee
Trustee or director
10$0
James BanhamTrustee
Trustee or director
10$0
Peter LuizziTrustee/Commodore
Trustee or director, Officer
10$0
Will PetersTrustee
Trustee or director
10$0
Kevin ReillyTrustee
Trustee or director
10$0
Donna VecchiarelliTrustee
Trustee or director
10$0
4 more people on this return
NameTitleHours / weekCompensation
Leo FiorillaRear Commodore
Officer
1$0
Mary Elle ViolaTrustee
Trustee or director
10$0
Greg MatzatTrustee
Trustee or director
10$0
Carl RosenbergTrustee
Trustee or director
10$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensation
Greg MatzatTrustee/Bd President
Trustee or director, Officer
10$0
Brendan HoganTrustee
Trustee or director
10$0
Michelle BanhamTreasurer
Officer
10$0
Nancy Van De VaarstSecretary
Officer
1$0
Philip AngeloTrustee
Trustee or director
10$0
Bill ArmbrusterTrustee/Fleet Captain
Trustee or director, Officer
10$0
William DemandTrustee
Trustee or director
10$0
Jennifer DiBerardinoTrustee
Trustee or director
10$0
Christina DugganTrustee
Trustee or director
10$0
Jacqui FiorillaTrustee
Trustee or director
10$0
Autumn HooverTrustee
Trustee or director
10$0
Paul KileyTrustee
Trustee or director
10$0
Michael LennoxTrustee
Trustee or director
10$0
Peter LuizziTrustee/Commodore
Trustee or director, Officer
10$0
Will PetersTrustee
Trustee or director
10$0
Kevin ReillyTrustee
Trustee or director
10$0
Donna VecchiarelliTrustee
Trustee or director
10$0
Leo FiorillaRear Commodore
Officer
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
Greg MatzatTrustee/Bd President
Trustee or director
10$0
Brendan HoganTrustee/Vice Commodore
Trustee or director, Officer
10$0
Eric HirschTreasurer
Officer
10$0
Nancy Van De VaarstSecretary
Officer
1$0
Philip AngeloTrustee
Trustee or director
10$0
Bill ArmbrusterTrustee/Fleet Captain
Trustee or director, Officer
10$0
William DemandTrustee/Commodore
Trustee or director, Officer
10$0
Michael DonohueTrustee
Trustee or director
10$0
Christina DugganTrustee
Trustee or director
10$0
Jacqui FiorillaTrustee
Trustee or director
10$0
Autumn HooverTrustee
Trustee or director
10$0
Paul KileyTrustee
Trustee or director
10$0
Michael LennoxTrustee
Trustee or director
10$0
Peter LuizziTrustee
Trustee or director
10$0
Thomas McCannTrustee
Trustee or director
10$0
Jeff MillerTrustee
Trustee or director
10$0
Kevin ReillyTrustee
Trustee or director
10$0
Leo FiorillaRear Commodore
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 4337, BRICK, NJ 08723-1537
Principal officer (990 for 2025)
Michelle Banham, 108 Southview Dr, Brick, NJ 08723
Signed the 990
Michelle Banham, Treasurer
Phone
(848) 232-2093
Return prepared by
James Sandham Jr CPA

Mission

Social & Recreational Club that Promotes & Teaches Sailing

990 for the year ended December 31, 2025

Program accomplishments

  • Social Programs provide activities to members. Approximately 400 to 500 members participate.
  • Sailing Programs provide instruction in recreational & competitive sailing. Approximately 25 to 50 participants

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
21-0604231
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,085,105
Income (IRS master file)
$715,779

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$564,220$497,405$1,085,105IRS
990December 2024$458,225$446,159$1,049,862XML
990December 2023$492,040$406,697$1,052,147XML
990December 2022$425,744$424,073$1,066,556IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 21-0604231).

Questions about SHORE ACRES YACHT CLUB INC

What is the EIN of SHORE ACRES YACHT CLUB INC?
The employer identification number (EIN) of SHORE ACRES YACHT CLUB INC is 21-0604231.
Is SHORE ACRES YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1985.
Are donations to SHORE ACRES YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHORE ACRES 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 SHORE ACRES YACHT CLUB INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHORE ACRES YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SHORE ACRES YACHT CLUB INC?
The 990 for the year ended December 31, 2025 names Michelle Banham.
Who are the officers and directors of SHORE ACRES YACHT CLUB INC?
The 990 for the year ended December 31, 2025 lists 19 people; 1 received compensation from the organization, the highest $279 (Jacqui Fiorilla, Trustee).
How much revenue does SHORE ACRES YACHT CLUB INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $564,220, expenses of $497,405 and total assets of $1,085,105 at year end.

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