Nonprofit · EIN 23-7255729
BAY YACHT CLUB
Tax-exempt · CORP CHRISTI, TX 78403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $64,821 | $97,867 | -$33,046 | $461,350 | $15,339 | $446,011 |
| December 31, 2023 | 990 | $209,777 | $75,545 | $134,232 | $494,749 | $19,429 | $475,320 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $16,451
- Program service revenue
- $46,868
- Investment income
- $1
- Net income from fundraising events
- $1,093
- Net income from sales of inventory
- $408
- Other revenue
- $1,501
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $33,423
- Depreciation
- $31,473
- Program services (functional)
- $96,701
- Management and general (functional)
- $1,166
Balance sheet and other
- Total assets, start of year
- $494,749
- Total assets, end of year
- $461,350
- Total liabilities, end of year
- $15,339
- Net assets, end of year
- $446,011
- Land, buildings and equipment
- $422,869
- Gross unrelated business income
- $1
- Gross receipts
- $64,821
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1972
- State of legal domicile
- TX
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 |
|---|---|---|---|
| RICK BELL | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN CLARK | DIRECTOR Trustee or director | 1 | $0 |
| LARRY FRANK | DIRECTOR Trustee or director | 1 | $0 |
| CARLOS HANEY | DIRECTOR Trustee or director | 1 | $0 |
| MARY KAY SCHULTZ | REAR COMMODO Trustee or director | 3 | $0 |
| WALTER CRAWFORD | TREASURER Officer | 5 | $0 |
| REBECCA PINION | SECRETARY Officer | 3 | $0 |
| JIM ROBERTSON | COMMODORE Officer | 3 | $0 |
| PHYLLIS VAUGHN | PAST COMMODO Officer | 1 | $0 |
| JIM ZELNICK | VICE COMMODO Officer | 3 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN CLARK | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE KING | DIRECTOR Trustee or director | 1 | $0 |
| RUDY MIRCOVICH | DIRECTOR Trustee or director | 1 | $0 |
| MARY KAY SCHULTZ | REAR COMMODO Trustee or director | 3 | $0 |
| RUSSELL SEAL | DIRECTOR Trustee or director | 1 | $0 |
| HARRY ARMENIA | PAST COMMODO Officer | 1 | $0 |
| WALTER CRAWFORD | TREASURER Officer | 5 | $0 |
| REBECCA PINION | SECRETARY Officer | 3 | $0 |
| JIM ROBERTSON | VICE COMMODO Officer | 3 | $0 |
| PHYLLIS VAUGHN | COMMODORE Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 404, CORP CHRISTI, TX 78403-0404
- Principal officer (990 for 2024)
- JIM ROBERTSON, PO BOX 404, CORPUS CHRISTI, TX 78403
- Signed the 990
- WALTER CRAWFORD, TREASURER
- Phone
- (361) 563-8206
- Website
- BAYYACHTCLUB.ORG
- Return prepared by
- SWANK SALCH & HENDERSON PC
Mission
ORGANIZE AND FUND BOATING ACTIVITIES; PROMOTE BOATING SAFETY; PROVIDE SOCIAL ACTIVITIES FOR BOATING ENTHUSIASTS.
Program accomplishments
- ORGANIZE AND FUND BOATING ACTIVITIES; PROMOTE BOATING SAFETY; PROVIDE SOCIAL ACTIVITIES FOR BOATING ENTHUSIASTS.Expenses $96,701 · revenue $46,868
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 on file |
IRS record
- EIN
- 23-7255729
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $461,350
- Income (IRS master file)
- $64,821
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $64,821 | $97,867 | $461,350 | XML |
| 990 | December 2023 | $209,777 | $75,545 | $494,749 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 23-7255729).
Questions about BAY YACHT CLUB
- What is the EIN of BAY YACHT CLUB?
- The employer identification number (EIN) of BAY YACHT CLUB is 23-7255729.
- Is BAY YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1973.
- Are donations to BAY YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BAY 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 BAY 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 BAY 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 BAY YACHT CLUB?
- The 990 for the year ended December 31, 2024 names JIM ROBERTSON.
- Who are the officers and directors of BAY YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does BAY YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $64,821, expenses of $97,867 and total assets of $461,350 at year end.
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