Nonprofit · EIN 38-1642000
PORT HURON YACHT CLUB INC
Tax-exempt · PORT HURON, MI 48060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $497,207 | $384,030 | $113,177 | $2,821,370 | $383,307 | $2,438,063 |
| December 31, 2023 | 990 | $556,481 | $456,806 | $99,675 | $2,767,461 | $442,575 | $2,324,886 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $169,173
- Membership dues
- $169,173
- Program service revenue
- $241,287
- Investment income
- $8,405
- Net income from sales of inventory
- $66,312
- Other revenue
- $78,342
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $153,584
- Depreciation
- $48,647
Balance sheet and other
- Total assets, start of year
- $2,767,461
- Total assets, end of year
- $2,821,370
- Total liabilities, end of year
- $383,307
- Net assets, end of year
- $2,438,063
- Land, buildings and equipment
- $2,324,343
- Gross unrelated business income
- $8,405
- Gross receipts
- $606,242
- Employees
- 0
- Volunteers
- 125
- Year formed
- 1954
- State of legal domicile
- MI
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 |
|---|---|---|---|
| JODY SMITH | Director Trustee or director | 2 | $0 |
| BRIAN CANN | Director Trustee or director | 2 | $0 |
| NICHOLAS PATTERSON | Director Trustee or director | 2 | $0 |
| SAM PILLSBURY | Director Trustee or director | 2 | $0 |
| TYSON CONNOLLY | Director Trustee or director | 2 | $0 |
| SCOTT AUSTIN | Director Trustee or director | 2 | $0 |
| JAMES BOWEN | Director Trustee or director | 2 | $0 |
| CHUCK MCMILLAN | Rear Commodore Officer | 8 | $0 |
| DOUGLAS LOWE | Commodore Officer | 8 | $0 |
| PAMELA WALL | Vice Commodore Officer | 8 | $0 |
| ROBERT MOAK | Secretary Officer | 2 | $0 |
| DENISE KULAS | Treasurer Officer | 8 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JODY SMITH | Director Trustee or director | 2 | $0 |
| BRIAN CANN | Director Trustee or director | 2 | $0 |
| BRAD DRISCOLL | Director Trustee or director | 2 | $0 |
| SAM PILLSBURY | Director Trustee or director | 2 | $0 |
| RICK SHINSKE | Director Trustee or director | 2 | $0 |
| CHUCK MCMILLAN | Director Trustee or director | 2 | $0 |
| SCOTT AUSTIN | Director Trustee or director | 2 | $0 |
| TYSON CONNOLLY | Commodore Officer | 8 | $0 |
| DOUG LOWE | Vice Commodore Officer | 8 | $0 |
| JEREMY THOMPSON | Rear Commodore Officer | 8 | $0 |
| ROBERT MOAK | Secretary Officer | 2 | $0 |
| DENISE KULAS | Treasurer Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 212 QUAY ST, PORT HURON, MI 48060-4005
- Signed the 990
- DENISE KULAS, Treasurer
- Phone
- (810) 987-9395
- Website
- WWW.PHYC.ORG
- Return prepared by
- Paul Arnone & Associates LLC
Mission
PROMOTE GREAT LAKES SAILING; PROMOTE WATER SAFETY AND SAFE BOATING; FOSTER SAILING COMPETITION AMONG MEMBERS AND MEMBERS OF OTHER SAILING CLUBS.
Program accomplishments
- PROMOTE SAILING AND COMRADERIE AMONG SAILORS BY USING CLUB FACILITIES ON AN ECONOMICAL BASIS.Expenses $277,810 · revenue $401,458
- PROMOTE COMRADERIE AMONG SAILORS BY CONDUCTING SOCIAL EVENTS FOR MEMBERS AND THEIR GUESTS.Expenses $66,244 · revenue $70,941
- ORGANIZE AND CONDUCT SAILBOAT RACES AND REGATTAS FOR AROUND THE BUOY AND LONG DISTANCE RACES, SOME IN CONJUNCTION WITH OTHER YACHT CLUBS. PROMOTE AND ENCOURAGE SAFE BOATING BY REQUIRING SAILBOAT RACERS TO FOLLOW SAFE BOATING RULES AND TO CARRY SAFETY EQUIPMENT.Expenses $22,150 · revenue $7,434
- PROMOTE SAILING BY USING VOLUNTEERS TO ALLOW THE CLUB TO PROVIDE ECONOMICAL LAUNCH, MOORING, HAUL OUT AND WINTER STORAGE ACTIVITIES.Expenses $17,826 · revenue $17,374
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
- 38-1642000
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,821,370
- Income (IRS master file)
- $606,242
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $497,207 | $384,030 | $2,821,370 | IRS |
| 990 | December 2023 | $556,481 | $456,806 | $2,767,461 | XML |
| 990 | December 2022 | $518,012 | $385,049 | $2,728,404 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 38-1642000).
Questions about PORT HURON YACHT CLUB INC
- What is the EIN of PORT HURON YACHT CLUB INC?
- The employer identification number (EIN) of PORT HURON YACHT CLUB INC is 38-1642000.
- Is PORT HURON YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1956.
- Are donations to PORT HURON YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PORT HURON 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 PORT HURON YACHT CLUB INC 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 PORT HURON YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of PORT HURON YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does PORT HURON YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $497,207, expenses of $384,030 and total assets of $2,821,370 at year end.
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