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Nonprofit · EIN 52-0543046

CAMBRIDGE YACHT CLUB

Tax-exempt · CAMBRIDGE, MD 21613

Financials

$1.1M$840K2023$1.1M$1M2024
Revenue Expenses · by fiscal year end
Financials of CAMBRIDGE YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,080,718$1,024,243$56,475$1,887,175$780,558$1,106,617
December 31, 2023990$1,091,499$839,556$251,943$1,858,957$808,813$1,050,144
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$396,219
Membership dues
$396,219
Program service revenue
$239,420
Investment income
$12,576
Net income from sales of inventory
$423,291
Other revenue
$432,503

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$385,945
Salaries, compensation and benefits (total)
$428,962
Professional fundraising fees
$0
Accounting fees
$4,575
Depreciation
$93,099
Program services (functional)
$1,024,243

Balance sheet and other

Total assets, start of year
$1,858,957
Total assets, end of year
$1,887,175
Total liabilities, end of year
$780,558
Net assets, end of year
$1,106,617
Land, buildings and equipment
$1,008,889
Gross unrelated business income
$12,576
Gross receipts
$1,316,513
Employees
37
Volunteers
50
Year formed
1911
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.

NameTitleHours / weekCompensation
GRAHAM WARDCOMMODORE
Trustee or director, Officer
2$0
JACKIE WHISMANVICE COMMODORE
Trustee or director, Officer
2$0
TRACIE VAN DORPEDIRECTOR
Trustee or director
2$0
PETER BARCLAYDIRECTOR
Trustee or director
2$0
REGE BUTLERDIRECTOR
Trustee or director
2$0
BILL BOOSTREASURER
Trustee or director, Officer
2$0
SARAH FREUNDDIRECTOR
Trustee or director
2$0
TOM HANNANREAR COMMODORE
Trustee or director, Officer
2$0
STOKES LILESFLEET CAPTAIN
Trustee or director, Officer
2$0
REV SUSAN LEIGHTFLEET CHAPLAIN
Trustee or director, Officer
2$0
TREVOR CAROUGEIMMEDIATE PAST COMMODORE
Trustee or director
2$0
TERESA TROLLDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
GRAHAM WARDCOMMODORE
Trustee or director, Officer
2$0
JACKIE WHISMANVICE COMMODORE
Trustee or director, Officer
2$0
TRACIE VAN DORPEDIRECTOR
Trustee or director
2$0
PETER BARCLAYDIRECTOR
Trustee or director
2$0
REGE BUTLERDIRECTOR
Trustee or director
2$0
BILL BOOSTREASURER
Trustee or director, Officer
2$0
SARAH FREUNDDIRECTOR
Trustee or director
2$0
TOM HANNANREAR COMMODORE
Trustee or director, Officer
2$0
STOKES LILESFLEET CAPTAIN
Trustee or director, Officer
2$0
REV SUSAN LEIGHTFLEET CHAPLAIN
Trustee or director, Officer
2$0
TREVOR CAROUGEIMMEDIATE PAST COMMODORE
Trustee or director
2$0
TERESA TROLLDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1 MILL ST, CAMBRIDGE, MD 21613-1601
Principal officer (990 for 2024)
JACKIE WHISMAN, 1 MILL ST P O BOX 287, CAMBRIDGE, MD 21613
Signed the 990
JACKIE WHISMAN, COMMODORE
Phone
(410) 228-2141
Return prepared by
BROOKS AND COMPANY CPA

Mission

A SOCIAL CLUB WITH EMPHASIS ON MARINE ACTIVITIES INCLUDING SAIL TRAINING AND RACING, DINING ANDBAR FACILITIES AND OTHER RECREATIONAL ACTIVITIES

990 for the year ended December 31, 2024

Program accomplishments

  • A SOCIAL CLUB WITH EMPHASIS ON MARINE ACTIVITIES INCLUDING SAIL TRAINING AND RACING, DINING ANDBAR FACILITIES AND OTHER RECREATIONAL ACTIVITIES

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
52-0543046
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,887,175
Income (IRS master file)
$1,316,513

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,080,718$1,024,243$1,887,175IRS
990December 2023$1,091,499$839,556$1,858,957XML
990December 2022$795,229$715,481$1,905,974IRS
990December 2021–––IRS
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 52-0543046).

Questions about CAMBRIDGE YACHT CLUB

What is the EIN of CAMBRIDGE YACHT CLUB?
The employer identification number (EIN) of CAMBRIDGE YACHT CLUB is 52-0543046.
Is CAMBRIDGE YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1943.
Are donations to CAMBRIDGE YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CAMBRIDGE 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 CAMBRIDGE 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 CAMBRIDGE 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 CAMBRIDGE YACHT CLUB?
The 990 for the year ended December 31, 2024 names JACKIE WHISMAN.
Who are the officers and directors of CAMBRIDGE YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does CAMBRIDGE YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,080,718, expenses of $1,024,243 and total assets of $1,887,175 at year end.

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