Nonprofit · EIN 27-0057695
GREAT HARBOR YACHT CLUB INC
Tax-exempt · NANTUCKET, MA 02554
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,289,196 | $14,231,760 | $2,057,436 | $65,391,557 | $12,768,991 | $52,622,566 |
| December 31, 2024 | 990 | $10,754,885 | $14,017,443 | -$3,262,558 | $68,079,662 | $19,133,033 | $48,946,629 |
| December 31, 2023 | 990 | $9,017,390 | $13,111,475 | -$4,094,085 | $64,435,835 | $13,334,461 | $51,101,374 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,842,507
- Investment income
- $156,512
- Net gain from sales of assets
- $2,726
- Net income from sales of inventory
- $1,121,015
- Other revenue
- $7,290,177
Expenses
- Grants and similar amounts paid
- $3,250
- Compensation of officers, directors and key employees
- $1,823,547
- Other salaries and wages
- $2,649,728
- Salaries, compensation and benefits (total)
- $5,204,999
- Professional fundraising fees
- $0
- Legal fees
- $8,860
- Accounting fees
- $40,065
- Occupancy
- $1,469,334
- Depreciation
- $4,197,443
Balance sheet and other
- Total assets, start of year
- $68,079,662
- Total assets, end of year
- $65,391,557
- Total liabilities, end of year
- $12,768,991
- Net assets, end of year
- $52,622,566
- Land, buildings and equipment
- $59,383,940
- Publicly traded securities
- $2,524,251
- Net assets without donor restrictions
- $52,622,566
- Gross unrelated business income
- $427,170
- Gross receipts
- $25,111,464
- Employees
- 180
- Volunteers
- 80
- Year formed
- 2003
- 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 | Other / benefits |
|---|---|---|---|---|
| STEPHEN CREESE | GENERAL MANAGER Officer | 50 | $359,633 | $30,991 |
| JOHN LUYRINK | TENNIS & SWIM DIRECTOR Key employee | 40 | $298,649 | $72,409 |
| CHRISTIAN PAVESI | ASSISTANT GENERAL MANAGER Key employee | 40 | $269,575 | $19,268 |
| NICHOLAS FIX | HEAD CHEF Key employee | 40 | $239,093 | $34,226 |
| KERRY TILTON | CHIEF FINANCIAL OFFICER Officer | 40 | $232,225 | $37,112 |
| MEGAN MALTBY | MEMBERSHIP DIRECTOR Key employee | 40 | $194,405 | $35,961 |
| WILLIAM COWZER | FACILITIES MANAGER Highest-paid employee | 50 | $148,290 | $34,682 |
| EMMA CONWAY | WATERFRONT DIRECTOR Highest-paid employee | 40 | $129,824 | $33,673 |
| CHRISTINE BELL | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $134,458 | $11,476 |
| PAUL COLLINS | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN MCCOLLUM | VICE COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| RHONDA MCDONALD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL MORROW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSEPH SMIALOWSKI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALISON TOWNSEND | DIRECTOR Trustee or director | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY-LOUISE COHEN | DIRECTOR Trustee or director | 2 | $0 |
| RACHEL SHERIDAN | DIRECTOR Trustee or director | 2 | $0 |
| BRUCE TURNER | REAR COMMODORE Trustee or director, Officer | 2 | $0 |
| CHRIS BREWSTER | TREASURER Trustee or director, Officer | 2 | $0 |
| BILL WITTENBERG | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN CREESE | GENERAL MANAGER Officer | 50 | $468,916 | $28,791 |
| CHRISTIAN PAVESI | ASSISTANT GENERAL MANAGER Key employee | 40 | $441,860 | $11,815 |
| JOHN LUYRINK | TENNIS & SWIM DIRECTOR Key employee | 40 | $270,260 | $61,744 |
| NICHOLAS FIX | HEAD CHEF Key employee | 40 | $256,533 | $28,698 |
| KERRY TILTON | CHIEF FINANCIAL OFFICER Officer | 40 | $225,508 | $28,693 |
| MEGAN MALTBY | MEMBERSHIP DIRECTOR Key employee | 40 | $171,901 | $28,461 |
| EMMA CONWAY | WATERFRONT DIRECTOR Highest-paid employee | 40 | $123,423 | $50,393 |
| WILLIAM COWZER | FACILITIES MANAGER Highest-paid employee | 50 | $140,939 | $28,369 |
| MATT DWYER | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| PAUL COLLINS | VICE COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN MCCOLLUM | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| RHONDA MCDONALD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM EINSTEIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ALMOND GODUTI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM WITTENBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HUGH DAVIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARY-LOUISE COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RACHEL SHERIDAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRUCE TURNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRIS BREWSTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN CREESE | GENERAL MANAGER Officer | 50 | $363,387 | $29,029 |
| JOHN LUYRINK | TENNIS & SWIM DIRECTOR Key employee | 40 | $264,424 | $62,327 |
| CHRISTIAN PAVESI | ASSISTANT GENERAL MANAGER Key employee | 40 | $297,855 | $10,309 |
| NICHOLAS FIX | HEAD CHEF Key employee | 40 | $210,937 | $28,997 |
| KERRY TILTON | CHIEF FINANCIAL OFFICER Officer | 40 | $196,673 | $28,997 |
| MEGAN MALTBY | MEMBERSHIP DIRECTOR Key employee | 40 | $150,012 | $28,997 |
| EMMA CONWAY | WATERFRONT DIRECTOR Highest-paid employee | 40 | $117,985 | $58,397 |
| WILLIAM COWZER | FACILITIES MANAGER Highest-paid employee | 50 | $131,143 | $28,997 |
| CECE FOWLER | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| MATT DWYER | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| RHONDA MCDONALD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| GRADY DURHAM | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN MCCOLLUM | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| ALMOND GODUTI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAUL COLLINS | VICE COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM WITTENBERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HUGH DAVIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILLIAM EINSTEIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MARY-LOUISE COHEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RACHEL SHERIDAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRUCE TURNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 96 WASHINGTON ST, NANTUCKET, MA 02554-3875
- Principal officer (990 for 2025)
- STEPHEN CREESE, 96 WASHINGTON STREET, NANTUCKET, MA 02554
- Signed the 990
- STEPHEN CREESE, GENERAL MANAGER
- Phone
- (508) 680-5033
- Website
- WWW.GHYC.COM
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THE PURPOSE OF THE CLUB IS TO ENCOURAGE SAILING, ANGLING AND BOATING AND TO PROVIDE RECREATIONAL, EDUCATIONAL AND SOCIAL ACTIVITIES FOR ITS MEMBERS AND THEIR FAMILIES AND GUESTS.
Program accomplishments
- THE FOOD & BEVERAGE PROGRAM WAS AVAILABLE TO MEMBERS 7 DAYS A WEEK FROM EARLY JUNE THRU SEPTEMBER WITH OTHER SPECIAL EVENTS HELD IN THE SHOULDER SEASON. THIS PROGRAM SERVED OVER 350 MEMBERSHIPS, THEIR FAMILIES AND GUESTS.
- THE TENNIS & SWIM PROGRAM IS AVAILABLE TO MEMBERS DURING THE SEASON FROM MID-JUNE THROUGH EARLY SEPTEMBER. OVER 150 MEMBERSHIPS HAD PARTICIPATION IN TENNIS & SWIM ACTIVITIES. THIS PROGRAM ALSO SERVES MEMBERS OF JUST THIS FACILITY, AS WELL AS LOCAL MEMBERSHIPS AND SOME MEMBERS OF THE PUBLIC FOR TENNIS PROGRAMS ONLY.
- THE WATERFRONT FACILITY COVERS ALL ASPECTS OF WATERFRONT SPORTS FOR OUR MEMBERS INCLUDING SAILING LESSONS, SAIL BOAT RACES, KAYAK AND PADDLEBOARD RENTALS. WE HAVE DOCK SPACE FOR SEASONAL AND TRANSIENT BOAT SLIPS FOR 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
- 27-0057695
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $65,391,557
- Income (IRS master file)
- $25,111,464
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $16,289,196 | $14,231,760 | $65,391,557 | XML |
| 990 | December 2024 | $10,754,885 | $14,017,443 | $68,079,662 | XML |
| 990 | December 2023 | $9,017,390 | $13,111,475 | $64,435,835 | XML |
| 990 | December 2022 | $9,045,537 | $13,168,758 | $66,152,546 | 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 27-0057695).
Questions about GREAT HARBOR YACHT CLUB INC
- What is the EIN of GREAT HARBOR YACHT CLUB INC?
- The employer identification number (EIN) of GREAT HARBOR YACHT CLUB INC is 27-0057695.
- Is GREAT HARBOR YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2010.
- Are donations to GREAT HARBOR YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREAT HARBOR 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 GREAT HARBOR 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 GREAT HARBOR 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 GREAT HARBOR YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names STEPHEN CREESE.
- Who are the officers and directors of GREAT HARBOR YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 20 people; 9 received compensation from the organization, the highest $359,633 (STEPHEN CREESE, GENERAL MANAGER).
- How much revenue does GREAT HARBOR YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,289,196, expenses of $14,231,760 and total assets of $65,391,557 at year end.
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