Skip to main content

Nonprofit · EIN 47-1293317

RIVERSIDE YACHT CLUB

Tax-exempt · ESSINGTON, PA 19029

Financials

$93K$86K2023$104K$94K2024
Revenue Expenses · by fiscal year end
Financials of RIVERSIDE YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$103,843$93,507$10,336$567,600$0$567,600
December 31, 2023990$93,022$86,214$6,808$557,263$0$557,263
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,770
of which government grants
$1,200
Membership dues
$16,570
Program service revenue
$85,083
Investment income
$21
Net income from sales of inventory
$969
Other revenue
$969

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$19,270
Depreciation
$2,823
Program services (functional)
$2,823
Management and general (functional)
$90,684

Balance sheet and other

Total assets, start of year
$557,263
Total assets, end of year
$567,600
Total liabilities, end of year
$0
Net assets, end of year
$567,600
Land, buildings and equipment
$540,220
Net assets without donor restrictions
$567,600
Gross receipts
$239,217
Employees
0
Year formed
1908
State of legal domicile
PA

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
JOSEPH DEBENEDICTISPRESIDENT
Trustee or director
–$0
ANDREW DEMARCANTONIOTREASURER
Trustee or director
–$0
JOE DICECCOFINANCIAL SE
Trustee or director
–$0
JOHN ANDRUSKOBOARD MEMBER
Officer
–$0
TOM CARBONIBOARD MEMBER
Officer
–$0
TONY COXHARBOR MASTE
Officer
–$0
PAUL DAINOCOMMODORE
Officer
–$0
DAVE KOWALSKIRECORDING SE
Officer
–$0
MICHEAL MORRETTIREAR COMMODO
Officer
–$0
SCOT MURPHYBOARD MEMBER
Officer
–$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JOSEPH DEBENEDICTUSPRESIDENT
Trustee or director
–$0
ANDREW DEMARCANTONIOTREASURER
Trustee or director
–$0
JOE DICECCOFINANCIAL SE
Trustee or director
–$0
JOHN ANDRUSKOBOARD MEMBER
Officer
–$0
TOM CARBONIBOARD MEMBER
Officer
–$0
TONY COXHARBOR MASTE
Officer
–$0
PAUL DAINOCOMMODORE
Officer
–$0
DAVE KOWALSKIRECORDING SE
Officer
–$0
MICHEAL MORRETTIREAR COMMODO
Officer
–$0
SCOT MURPHYBOARD MEMBER
Officer
–$0

Address and contacts

Address (IRS master file)
95 WANAMAKER AVE, ESSINGTON, PA 19029-1424
In care of
% TREASURER
Principal officer (990 for 2024)
JOSEPH DEBENEDICTIS, 95 WANAMAKER AVE, ESSINGTON, PA 19029
Signed the 990
JOSEPH DEBENEDICTIS, PRESIDENT
Phone
(610) 521-9855
Return prepared by
PROFESSIONAL INCOME TAX SERVICE INC

Mission

RIVERSDSIDE YACHT CLUB INC IS A MEMBERSHIP ORGANIZATION WHOSE MAIN PURPOSE IS TO PROMOTE RECREATIONAL BOATING ON THE DELAWARE RIVER. BOATING SAFETY AND SEAMENSHIP ARE CORNERSTONES OF THE ACTIVITY AS WELL AS GOOD WILL AMOUNG THE MEMBERS

990 for the year ended December 31, 2024

Program accomplishments

  • RECOGNITION OF ACCOMPLISHMENTS FOR ELECTED MEMBERS, FLAGS AND SUPPLIES FOR NEW OFFICERS, BEREAVMENT NOTICES FOR MEMBERS IN DISTRESS AND GENERAL MEMBERS CORRESPONDENCE CONCERNING BETTER BOATING MATTERS
  • FOOD AND BEVERAGE PROVIDED FOR MEMBER MEETINGS AND GATHERINGS AS WELL AS NEW OFFICER SWEARING IN CEREMONY
  • RIVERSDSIDE YACHT CLUB INC IS A MEMBERSHIP ORGANIZATION WHOSE MAIN PURPOSE IS TO PROMOTE RECREATIONAL BOATING ON THE DELAWARE RIVER. BOATING SAFETY AND SEAMENSHIP ARE CORNERSTONES OF THE ACTIVITY AS WELL AS GOOD WILL AMOUNG THE MEMBERS
    Expenses $2,823

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
47-1293317
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$567,600
Income (IRS master file)
$239,217

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$103,843$93,507$567,600XML
990December 2023$93,022$86,214$557,263XML
990December 2022$80,788$78,300$550,454IRS
990December 2021$84,256$67,519$547,966IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 47-1293317).

Questions about RIVERSIDE YACHT CLUB

What is the EIN of RIVERSIDE YACHT CLUB?
The employer identification number (EIN) of RIVERSIDE YACHT CLUB is 47-1293317.
Is RIVERSIDE YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2024.
Are donations to RIVERSIDE YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE 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 RIVERSIDE YACHT CLUB?
The 990 for the year ended December 31, 2024 names JOSEPH DEBENEDICTIS.
Who are the officers and directors of RIVERSIDE YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does RIVERSIDE YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $103,843, expenses of $93,507 and total assets of $567,600 at year end.

Other nonprofits in ESSINGTON

All nonprofits in ESSINGTON · Pennsylvania · Recreation and sports