Nonprofit · EIN 52-0269645
CHESAPEAKE BAY YACHT CLUB OF TALBOT INC
Tax-exempt · EASTON, MD 21601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $326,227 | $319,616 | $6,611 | $1,037,870 | $251,223 | $786,647 |
| December 31, 2023 | 990 | $292,764 | $288,673 | $4,091 | $1,021,137 | $236,250 | $784,887 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $256,625
- Investment income
- -$1,118
- Net rental income
- -$1,031
- Net income from sales of inventory
- $23,929
- Other revenue
- $70,720
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $171,151
- Salaries, compensation and benefits (total)
- $184,320
- Professional fundraising fees
- $0
- Accounting fees
- $14,640
- Occupancy
- $33,993
- Depreciation
- $9,973
- Program services (functional)
- $16,124
Balance sheet and other
- Total assets, start of year
- $1,021,137
- Total assets, end of year
- $1,037,870
- Total liabilities, end of year
- $251,223
- Net assets, end of year
- $786,647
- Land, buildings and equipment
- $287,457
- Publicly traded securities
- $229,098
- Net assets without donor restrictions
- $783,625
- Net assets with donor restrictions
- $3,022
- Gross unrelated business income
- $16,283
- Gross receipts
- $445,325
- Employees
- 11
- Year formed
- 1887
- State of legal domicile
- MD
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 |
|---|---|---|---|
| BILL BOYD | COMMODORE Trustee or director, Officer | 0 | $0 |
| MIKE STRANNAHAN | VICE COMMODORE Trustee or director, Officer | 0 | $0 |
| JOHN VALLIANT | BOARD OF GOV'S Trustee or director | 0 | $0 |
| MICHAEL ROMAN | BOARD OF GOV'S Trustee or director | 0 | $0 |
| ROBERT T VALLIANT JR | Treasurer Trustee or director, Officer | 0 | $0 |
| JOHN KNUD-HANSEN | BOARD OF GOV'S Trustee or director | 0 | $0 |
| RICHARD HYNSON JR | BOARD OF GOV'S Trustee or director | 0 | $0 |
| RICHARD BODORFF | REAR COMMODORE Trustee or director, Officer | 0 | $0 |
| WILLIAM BOICOURT | BOARD OF GOV'S Trustee or director | 0 | $0 |
| DAVID NORTH | BOARD OF GOV'S Trustee or director | 0 | $0 |
| MIKE MCCONNELL | Secretary Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL BOYD | COMMODORE Trustee or director, Officer | 0 | $0 |
| MIKE STRANNAHAN | VICE COMMODORE Trustee or director, Officer | 0 | $0 |
| JOHN VALLIANT | BOARD OF GOV'S Trustee or director | 0 | $0 |
| MICHAEL ROMAN | BOARD OF GOV'S Trustee or director | 0 | $0 |
| ROBERT T VALLIANT JR | Treasurer Trustee or director, Officer | 0 | $0 |
| JOHN KNUD-HANSEN | BOARD OF GOV'S Trustee or director | 0 | $0 |
| RICHARD HYNSON JR | BOARD OF GOV'S Trustee or director | 0 | $0 |
| RICHARD BODORFF | REAR COMMODORE Trustee or director, Officer | 0 | $0 |
| WILLIAM BOICOURT | BOARD OF GOV'S Trustee or director | 0 | $0 |
| DAVID NORTH | BOARD OF GOV'S Trustee or director | 0 | $0 |
| MIKE MCCONNELL | Secretary Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 117 N WASHINGTON ST, EASTON, MD 21601-3127
- Signed the 990
- ROBERT T VALLIANT JR, Treasurer
- Phone
- (410) 822-0644
- Return prepared by
- Weaver Mavity Short Associates LLC
Mission
PRIVATE YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS TO PROMOTE AND SHARE COMMON INTERESTS IN YACHTING AND SOCIAL ACTIVITIES
Program accomplishments
- REGATTA IN CONJUNCTION WITH OTHER AREA CLUBS
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
- 52-0269645
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,037,870
- Income (IRS master file)
- $445,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $326,227 | $319,616 | $1,037,870 | IRS |
| 990 | December 2023 | $292,764 | $288,673 | $1,021,137 | XML |
| 990 | December 2022 | $314,600 | $267,240 | $1,014,707 | 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 52-0269645).
Questions about CHESAPEAKE BAY YACHT CLUB OF TALBOT INC
- What is the EIN of CHESAPEAKE BAY YACHT CLUB OF TALBOT INC?
- The employer identification number (EIN) of CHESAPEAKE BAY YACHT CLUB OF TALBOT INC is 52-0269645.
- Is CHESAPEAKE BAY YACHT CLUB OF TALBOT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1963.
- Are donations to CHESAPEAKE BAY YACHT CLUB OF TALBOT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHESAPEAKE BAY YACHT CLUB OF TALBOT 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 CHESAPEAKE BAY YACHT CLUB OF TALBOT 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 CHESAPEAKE BAY YACHT CLUB OF TALBOT 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 CHESAPEAKE BAY YACHT CLUB OF TALBOT INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does CHESAPEAKE BAY YACHT CLUB OF TALBOT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $326,227, expenses of $319,616 and total assets of $1,037,870 at year end.
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