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Nonprofit · EIN 23-7255729

BAY YACHT CLUB

Tax-exempt · CORP CHRISTI, TX 78403

Financials

$210K$76K2023$65K$98K2024
Revenue Expenses · by fiscal year end
Financials of BAY YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$64,821$97,867-$33,046$461,350$15,339$446,011
December 31, 2023990$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.

NameTitleHours / weekCompensation
RICK BELLDIRECTOR
Trustee or director
1$0
KATHLEEN CLARKDIRECTOR
Trustee or director
1$0
LARRY FRANKDIRECTOR
Trustee or director
1$0
CARLOS HANEYDIRECTOR
Trustee or director
1$0
MARY KAY SCHULTZREAR COMMODO
Trustee or director
3$0
WALTER CRAWFORDTREASURER
Officer
5$0
REBECCA PINIONSECRETARY
Officer
3$0
JIM ROBERTSONCOMMODORE
Officer
3$0
PHYLLIS VAUGHNPAST COMMODO
Officer
1$0
JIM ZELNICKVICE COMMODO
Officer
3$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
KATHLEEN CLARKDIRECTOR
Trustee or director
1$0
MICHELLE KINGDIRECTOR
Trustee or director
1$0
RUDY MIRCOVICHDIRECTOR
Trustee or director
1$0
MARY KAY SCHULTZREAR COMMODO
Trustee or director
3$0
RUSSELL SEALDIRECTOR
Trustee or director
1$0
HARRY ARMENIAPAST COMMODO
Officer
1$0
WALTER CRAWFORDTREASURER
Officer
5$0
REBECCA PINIONSECRETARY
Officer
3$0
JIM ROBERTSONVICE COMMODO
Officer
3$0
PHYLLIS VAUGHNCOMMODORE
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
Return prepared by
SWANK SALCH & HENDERSON PC

Mission

ORGANIZE AND FUND BOATING ACTIVITIES; PROMOTE BOATING SAFETY; PROVIDE SOCIAL ACTIVITIES FOR BOATING ENTHUSIASTS.

990 for the year ended December 31, 2024

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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$64,821$97,867$461,350XML
990December 2023$209,777$75,545$494,749XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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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