Nonprofit · EIN 23-7349162
RIVERSIDE YACHT CLUB INC
Tax-exempt · MEDFORD, MA 02155
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $218,025 | $140,207 | $77,818 | $948,175 | $1,237 | $946,938 |
| December 31, 2024 | 990 (amended) | $209,067 | $150,181 | $58,886 | $847,936 | $7,727 | $840,209 |
| December 31, 2023 | 990 | $209,354 | $139,222 | $70,132 | $789,050 | $7,727 | $781,323 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $200,931
- Membership dues
- $63,470
- Program service revenue
- $0
- Investment income
- $17,094
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,350
- Depreciation
- $2,692
Balance sheet and other
- Total assets, start of year
- $847,936
- Total assets, end of year
- $948,175
- Total liabilities, end of year
- $1,237
- Net assets, end of year
- $946,938
- Land, buildings and equipment
- $291,864
- Gross unrelated business income
- $17,094
- Gross receipts
- $218,025
- Employees
- 0
- Volunteers
- 11
- Year formed
- 1959
- State of legal domicile
- MA
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 |
|---|---|---|---|
| Mike Silvestro | President / Commodore / Trustee Trustee or director, Officer | 10 | $0 |
| Michael Giardina | Vice President / Vice Commodore / Trustee Trustee or director, Officer | 5 | $0 |
| Chris Barros | Treasurer / Trustee Trustee or director, Officer | 5 | $0 |
| David Proch Wilson | Financial Secretary / Trustee Trustee or director | 5 | $0 |
| William Asaro | Secretary / Trustee Trustee or director, Officer | 5 | $0 |
| Dean Jackson | Rear Commodore / Trustee | – | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Silvestro | President / Commodore / Trustee Trustee or director, Officer | 10 | $0 |
| Michael Giardina | Vice President / Vice Commodore / Trustee Trustee or director, Officer | 5 | $0 |
| Chris Barros | Treasurer / Trustee Trustee or director, Officer | 5 | $0 |
| David Proch Wilson | Financial Secretary / Trustee Trustee or director | 5 | $0 |
| William Asaro | Secretary / Trustee Trustee or director, Officer | 5 | $0 |
| Dean Jackson | Rear Commodore / Trustee | – | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Silvestro | Commodore / Trustee Trustee or director, Officer | 10 | $0 |
| Bruce Dunn | Vice Commodore / Trustee Trustee or director, Officer | 5 | $0 |
| Chris Barros | Treasurer / Trustee Trustee or director, Officer | 5 | $0 |
| David Proch Wilson | Financial Secretary Trustee or director | 5 | $0 |
| William Asaro | Secretary Trustee or director, Officer | 5 | $0 |
| Andy Anderson | Trustee Trustee or director | 5 | $0 |
| Mark Breen | Trustee Trustee or director | 5 | $0 |
| Jeff Kendall | Trustee Trustee or director | 5 | $0 |
| Salvatore Longo | Fleet Captain / Trustee Trustee or director | 5 | $0 |
| Everett Mitchell | Trustee Trustee or director | 5 | $0 |
| Gabe Raposa | Trustee Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 52 SHIP AVE, MEDFORD, MA 02155-7206
- Principal officer (990 for 2025)
- David Proch-Wilson, 52 Ship Avenue, Medford, MA 02155
- Signed the 990
- David Proch-Wilson, Financial Secretary
- Phone
- (781) 395-9872
- Return prepared by
- MacArthur & McCoy PC
Mission
To promote and foster seamanship and all marine activities and interests of its members
Program accomplishments
- Providing marine and boating opportunities and activites to its members.
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
- 23-7349162
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $948,175
- Income (IRS master file)
- $218,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $218,025 | $140,207 | $948,175 | IRS |
| 990 | December 2024 | $209,067 | $150,181 | $847,936 | IRS |
| 990 | December 2023 | $209,354 | $139,222 | $789,050 | XML |
| 990 | December 2022 | $207,355 | $133,497 | $720,044 | 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 23-7349162).
Questions about RIVERSIDE YACHT CLUB INC
- What is the EIN of RIVERSIDE YACHT CLUB INC?
- The employer identification number (EIN) of RIVERSIDE YACHT CLUB INC is 23-7349162.
- Is RIVERSIDE YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1975.
- Are donations to RIVERSIDE YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names David Proch-Wilson.
- Who are the officers and directors of RIVERSIDE YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RIVERSIDE YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $218,025, expenses of $140,207 and total assets of $948,175 at year end.
Other nonprofits in MEDFORD
- TRUSTEES OF TUFTS COLLEGE EIN 04-2103634 · last filed 990 for 2025
- MELROSEWAKEFIELD HEALTHCARE INC EIN 04-2767880 · last filed 990 for 2025
- MANAGEMENT SCIENCES FOR HEALTH INC EIN 04-2482188 · last filed 990 for 2025
- HALLMARK HEALTH MEDICAL ASSOCIATES INC EIN 04-3140938 · last filed 990 for 2025
- WALNUT STREET CENTER INC EIN 04-2513725 · last filed 990 for 2025
- MEMBERS PLUS CREDIT UNION EIN 04-2039851 · last filed 990 for 2025
- SIDNEY AND DEANNA WOLK CHARITABLE FOUNDATION EIN 47-4203929 · last filed 990-PF for 2024
- EFFICIENCY FORWARD INC EIN 04-3323169 · last filed 990 for 2025