Nonprofit · EIN 23-1424953
OCEAN CITY YACHT CLUB
Tax-exempt · OCEAN CITY, NJ 08226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $843,509 | $735,637 | $107,872 | $1,552,227 | $68,607 | $1,483,620 |
| December 31, 2024 | 990 | $734,301 | $741,361 | -$7,060 | $1,376,659 | $911 | $1,375,748 |
| December 31, 2023 | 990 | $773,410 | $734,253 | $39,157 | $1,395,955 | $12,947 | $1,383,008 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $775
- Program service revenue
- $691,654
- Investment income
- $12,707
- Net income from sales of inventory
- $4,287
- Other revenue
- $138,373
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $167,256
- Salaries, compensation and benefits (total)
- $208,737
- Professional fundraising fees
- $0
- Accounting fees
- $9,793
- Occupancy
- $171,632
- Depreciation
- $97,338
- Program services (functional)
- $606,507
- Management and general (functional)
- $129,130
Balance sheet and other
- Total assets, start of year
- $1,376,659
- Total assets, end of year
- $1,552,227
- Total liabilities, end of year
- $68,607
- Net assets, end of year
- $1,483,620
- Land, buildings and equipment
- $1,176,189
- Gross unrelated business income
- $39,524
- Gross receipts
- $855,876
- Employees
- 12
- Volunteers
- 38
- Year formed
- 1901
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEAN ADAMS | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BERDOW | BOARD MEMBER Trustee or director | 1 | $0 |
| MARILOUISE BERDOW | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM BOYLE | RECORDING SE Trustee or director, Officer | 1 | $0 |
| DIANE BRICKER | BOARD MEMBER Trustee or director | 1 | $0 |
| PAT CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIGID CARICICH | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTIAN DEL COLLO | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN DALEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DR BOB DOMS | TREASURER Trustee or director, Officer | 1 | $0 |
| JOHN FENTON | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELLE FLYNN | BOARD MEMBER Trustee or director | 1 | $0 |
| SEAN FLYNN | BOARD MEMBER Trustee or director | 1 | $0 |
| GIDGE GLENN | BOARD MEMBER Trustee or director | 1 | $0 |
| RUSSELL HANSCOM | COMMODORE Trustee or director, Officer | 1 | $0 |
23 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN HITCHINGS | BOARD MEMBER Trustee or director | 1 | $0 |
| MAX HURST | REAR COMMODO Trustee or director, Officer | 1 | $0 |
| MARK KAMPF | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE LADANY | BOARD MEMBER Trustee or director | 1 | $0 |
| ANNETTE LAWLOR | BOARD MEMBER Trustee or director | 1 | $0 |
| JUDITH LARKIN MD | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MCGUCKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| HOLLY MONIHAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUG MROZ | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY MROZ | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| LINDA MROZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER PANICO | BOARD MEMBER Trustee or director | 1 | $0 |
| ELEANOR PARKER | FINANCIAL SE Trustee or director, Officer | 1 | $0 |
| JOHN PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| PC JOHN PARKER | VICE COMMODO Trustee or director, Officer | 1 | $0 |
| PAIGE PROPP-HEXTALL | BOARD MEMBER Trustee or director | 1 | $0 |
| EVAN ROTH | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB SHIELDS | BOARD MEMBER Trustee or director | 1 | $0 |
| AVERY TEITLER | BOARD MEMBER Trustee or director | 1 | $0 |
| CARIN TROY | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT VOLLMER | BOARD MEMBER Trustee or director | 1 | $0 |
| STAN WIRPSZA | BOARD MEMBER Trustee or director | 1 | $0 |
| SYLVIA WOWER-SCAFARIO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 40 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE ANG | BOARD MEMBER Trustee or director | 5 | $0 |
| KATHY BASTIAN | BOARD MEMBER Trustee or director | 5 | $0 |
| BILL BECKET | BOARD MEMBER Trustee or director | 5 | $0 |
| KRISTEN BECKET | BOARD MEMBER Trustee or director | 5 | $0 |
| JENNIFER RAY BECKMAN | VICE COMMODO Trustee or director, Officer | 5 | $0 |
| EMILY BETTERLY | BOARD MEMBER Trustee or director | 5 | $0 |
| TIM BOYLE | BOARD MEMBER Trustee or director | 5 | $0 |
| DAN DAGIT | BOARD MEMBER Trustee or director | 5 | $0 |
| SUSAN DALEY | RECORDING SE Trustee or director, Officer | 5 | $0 |
| KATHY DIANA | BOARD MEMBER Trustee or director | 5 | $0 |
| KATE DOMS | BOARD MEMBER Trustee or director | 5 | $0 |
| CATHERIN FAULK | BOARD MEMBER Trustee or director | 5 | $0 |
| GIDGE GLENN | BOARD MEMBER Trustee or director | 5 | $0 |
| RUSSELL HANSCOM | BOARD MEMBER Trustee or director | 5 | $0 |
| BRIAN HITCHINGS | COMMODORE Trustee or director, Officer | 5 | $0 |
| KEN HOOVER | BOARD MEMBER Trustee or director | 5 | $0 |
| CHAPPY HOPKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| MARY ELLEN HOPKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| BRIAN HUNTSMAN | BOARD MEMBER Trustee or director | 5 | $0 |
| MAX HURST | BOARD MEMBER Trustee or director | 5 | $0 |
| BRAD JUNGELS | BOARD MEMBER Trustee or director | 5 | $0 |
| JANE KERSHAW | BOARD MEMBER Trustee or director | 5 | $0 |
| COLLEEN KISAKA | BOARD MEMBER Trustee or director | 5 | $0 |
| LYNSAY LADANY | BOARD MEMBER Trustee or director | 5 | $0 |
| MARY LAMSON | BOARD MEMBER Trustee or director | 5 | $0 |
| DR JUDY LARKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| ROBERT WDOMS MD | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL MCGUCKIN | BOARD MEMBER Trustee or director | 5 | $0 |
| DOUGH MROZ | BOARD MEMBER Trustee or director, Officer | 5 | $0 |
| ELEANOR PARKER | FINANCIAL SE Trustee or director, Officer | 5 | $0 |
| JOHN PARKER | BOARD MEMBER Trustee or director | 5 | $0 |
| KRISTEN PROPP | BOARD MEMBER Trustee or director | 5 | $0 |
| BARON SCHLACHTER | BOARD MEMBER Trustee or director | 5 | $0 |
| MARIE SHAFRON | BOARD MEMBER Trustee or director | 5 | $0 |
| ROB SHIELDS | BOARD MEMBER Trustee or director | 5 | $0 |
| DEBORAH STEDMAN | REAR COMMODO Trustee or director, Officer | 5 | $0 |
| AVERY TEITLER | BOARD MEMBER Trustee or director | 5 | $0 |
| TED VAUGHN | BOARD MEMBER Trustee or director | 5 | $0 |
| MATT VOLLMER | BOARD MEMBER Trustee or director | 5 | $0 |
| STAN WIRPSZA | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 44 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARL BASTIAN | BOARD MEMBER Trustee or director | 1 | $0 |
| KATHY BASTIAN | BOARD MEMBER Trustee or director | 1 | $0 |
| BILL BECKET | BOARD MEMBER Trustee or director | 1 | $0 |
| KRISTEN BECKET | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER RAY BECKMAN | REAR COMMODO Trustee or director, Officer | 1 | $0 |
| MARILOUISE BERDOW | BOARD MEMBER Trustee or director | 1 | $0 |
| EMILY BETTERLY | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM BOYLE | BOARD MEMBER Trustee or director | 1 | $0 |
| DAN DAGIT | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN DALEY | RECORDING SE Trustee or director, Officer | 1 | $0 |
| KATHY DIANA | BOARD MEMBER Trustee or director | 1 | $0 |
| KATE DOMS | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHERIN FAULK | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHERIN FAULK | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN FENTON | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN GIAMBRI | BOARD MEMBER Trustee or director | 1 | $0 |
| GIDGE GLENN | BOARD MEMBER Trustee or director | 1 | $0 |
| RUSSELL HANSCOM | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN HATCHINGS | VICE COMMODO Trustee or director, Officer | 1 | $0 |
| KEN HOOVER | BOARD MEMBER Trustee or director | 1 | $0 |
| CHAPPY HOPKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY ELLEN HOPKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN HUNTSMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| MAX HURST | BOARD MEMBER Trustee or director | 1 | $0 |
| BRAD JUNGELS | BOARD MEMBER Trustee or director | 1 | $0 |
| JANE KERSHAW | BOARD MEMBER Trustee or director | 1 | $0 |
| COLLEEN KISAKA | BOARD MEMBER Trustee or director | 1 | $0 |
| LYNSAY LADANY | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY LAMSON | BOARD MEMBER Trustee or director | 1 | $0 |
| DR JUDY LARKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT WDOMS MD | TREASURER Trustee or director, Officer | 1 | $0 |
| MICHAEL MCGUCKIN | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUGH MROZ | COMMODORE Trustee or director, Officer | 1 | $0 |
| ELEANOR PARKER | FINANCIAL SE Trustee or director, Officer | 1 | $0 |
| JOHN PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| KRISTEN PROPP | BOARD MEMBER Trustee or director | 1 | $0 |
| FRED REXON | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN ROBINSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN SANTORO | BOARD MEMBER Trustee or director | 1 | $0 |
| BARON SCHLACHTER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIE SHAFRON | BOARD MEMBER Trustee or director | 1 | $0 |
| DEBBIE STEDMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| AVERY TEITLER | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT VOLLMER | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 BAY RD, OCEAN CITY, NJ 08226-4442
- In care of
- % GREGG HEININGER
- Principal officer (990 for 2025)
- RUSSELL HANSCOM, 100 BAY ROAD, OCEAN CITY, NJ 08226
- Signed the 990
- DR BOB DOMS, TREASURER
- Phone
- (609) 399-6600
- Website
- WWW.OCYC.ORG
- Return prepared by
- FITZPATRICK BONGIOVANNI & KELLY PC
Mission
PRIVATE SOCIAL CLUB FOR BOATING.
Program accomplishments
- PRIVATE SOCIAL CLUB FOR BOATING AND OTHER MEMBER EVENTS.
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 | 990 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
- 23-1424953
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,552,227
- Income (IRS master file)
- $855,876
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $843,509 | $735,637 | $1,552,227 | XML |
| 990 | December 2024 | $734,301 | $741,361 | $1,376,659 | XML |
| 990 | December 2023 | $773,410 | $734,253 | $1,395,955 | XML |
| 990 | December 2022 | $820,804 | $631,105 | $1,439,728 | IRS |
| 990 | 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 23-1424953).
Questions about OCEAN CITY YACHT CLUB
- What is the EIN of OCEAN CITY YACHT CLUB?
- The employer identification number (EIN) of OCEAN CITY YACHT CLUB is 23-1424953.
- Is OCEAN CITY YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
- Are donations to OCEAN CITY YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OCEAN CITY 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 OCEAN CITY YACHT CLUB 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 OCEAN CITY YACHT CLUB 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 OCEAN CITY YACHT CLUB?
- The 990 for the year ended December 31, 2025 names RUSSELL HANSCOM.
- Who are the officers and directors of OCEAN CITY YACHT CLUB?
- The 990 for the year ended December 31, 2025 lists 38 people; 0 received compensation from the organization.
- How much revenue does OCEAN CITY YACHT CLUB have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $843,509, expenses of $735,637 and total assets of $1,552,227 at year end.
Other nonprofits in OCEAN CITY
- HUMANE SOCIETY OF OCEAN CITY INC EIN 22-1894787 · last filed 990 for 2024
- OCEAN CITY TABERNACLE ASSOC EIN 21-0738420 · last filed 990 for 2024
- EMPRYEAN CANVAS INC EIN 92-1131564 · last filed 990-PF for 2025
- OCEAN CITY ARTS CENTER A NEW JERSEY NONPROFIT CORPORATION EIN 22-6109722 · last filed 990 for 2025
- CHAMBER OF COMMERCE OCEAN CITY EIN 22-2810508 · last filed 990 for 2025
- FBI NATIONAL ACADEMY ASSOCIATES INC EIN 22-2520940 · last filed 990 for 2025
- FOSTER-KARNEY TRUST FUND EIN 22-6441627 · last filed 990-PF for 2025
- OCEAN CITY THEATRE COMPANY EIN 26-2847292 · last filed 990 for 2025