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Nonprofit · EIN 52-1288658

CHESAPEAKE BAY YACHT RACING ASSOCIATION INC

Tax-exempt · ANNAPOLIS, MD 21403

Financials

$58K$69K2023$49K$56K2024$64K$45K2025
Revenue Expenses · by fiscal year end
Financials of CHESAPEAKE BAY YACHT RACING ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$63,664$44,634$19,030$41,892$4,664$37,228
December 31, 2024990$49,321$55,584-$6,263$31,646$13,448$18,198
December 31, 2023990$58,466$69,362-$10,896$37,884$13,429$24,455
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$55,719
Membership dues
$53,489
Program service revenue
$7,945
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$10,800
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,300
Program services (functional)
$41,006
Management and general (functional)
$3,628

Balance sheet and other

Total assets, start of year
$31,646
Total assets, end of year
$41,892
Total liabilities, end of year
$4,664
Net assets, end of year
$37,228
Gross receipts
$63,664
Employees
0
Year formed
1984
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSH COLWELLComodore Elect
Officer
10$0
LISA COTTELYSecretary
Officer
5$0
JOHN WAYSHNERTreasurer
Officer
5$0
JON ANTHONYComodore
Officer
1$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JOSH COLWELLComodore Elect
Officer
10$0
LISA COTTELYSecretary
Officer
5$0
JOHN WAYSHNERTreasurer
Officer
5$0
JON ANTHONYComodore
Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JOSH COLWELLComodore Elect
Officer
10$0
LISA COTTELYSecretary
Officer
5$0
JOHN WAYSHNERTreasurer
Officer
5$0
JON ANTHONYComodore
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 5405, ANNAPOLIS, MD 21403-0706
In care of
% COLIN M ROBERTSON JR CPA
Mailing address (990-N for 2021)
PO Box 5405, Annapolis MD 21403
Principal officer (990 for 2025)
JOHN WAYSHNER, PO Box PO Box 5405, Annapolis, MD 21403
Principal officer (990-N for 2021)
JON ANTHONY, P O BOX 5405, ANNAPOLIS MD 21403
Signed the 990
JOHN WAYSHNER, Comodore
Phone
(410) 990-9393
Return prepared by
JENSEN GROUP LLC

Mission

The Organizations main focus is to promote fair yachting competition by supporting standard yacht racing measurement rules and by coordinating racing schedules and Regattas on the Chesapeake Bay area.

990 for the year ended December 31, 2025

Program accomplishments

  • Publications for the information, education, and instruction of sailing and related topics.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1288658
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$41,892
Income (IRS master file)
$63,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$63,664$44,634$41,892XML
990December 2024$49,321$55,584$31,646IRS
990December 2023$58,466$69,362$37,884XML
990December 2022$56,303$57,592$49,635IRS
990-N for 2021
Officer: JON ANTHONY
December 31, 2021≤ $50,000 receipts––e-Postcard
990December 2020–––IRS
990December 2019–––IRS
990December 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 52-1288658).

Questions about CHESAPEAKE BAY YACHT RACING ASSOCIATION INC

What is the EIN of CHESAPEAKE BAY YACHT RACING ASSOCIATION INC?
The employer identification number (EIN) of CHESAPEAKE BAY YACHT RACING ASSOCIATION INC is 52-1288658.
Is CHESAPEAKE BAY YACHT RACING ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to CHESAPEAKE BAY YACHT RACING ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHESAPEAKE BAY YACHT RACING ASSOCIATION 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 RACING ASSOCIATION 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 CHESAPEAKE BAY YACHT RACING ASSOCIATION 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 CHESAPEAKE BAY YACHT RACING ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names JOHN WAYSHNER.
Who are the officers and directors of CHESAPEAKE BAY YACHT RACING ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CHESAPEAKE BAY YACHT RACING ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $63,664, expenses of $44,634 and total assets of $41,892 at year end.

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