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Nonprofit · EIN 54-0238276

HAMPTON YACHT CLUB INC

Tax-exempt · HAMPTON, VA 23669

Financials

$2.5M$2.5M2023$2.7M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of HAMPTON YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,737,003$2,903,979-$166,976$5,021,227$3,959,939$1,061,288
December 31, 2023990$2,538,597$2,522,948$15,649$5,280,885$4,067,239$1,213,646
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,062,559
Membership dues
$846,200
Program service revenue
$1,068,140
Investment income
$15,322
Net rental income
-$5,231
Net income from sales of inventory
$147,992
Other revenue
$590,982

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,289,160
Salaries, compensation and benefits (total)
$1,408,223
Professional fundraising fees
$0
Legal fees
$3,335
Occupancy
$212,191
Travel
$10,193
Depreciation
$295,266
Program services (functional)
$1,055,458
Management and general (functional)
$1,848,521

Balance sheet and other

Total assets, start of year
$5,280,885
Total assets, end of year
$5,021,227
Total liabilities, end of year
$3,959,939
Net assets, end of year
$1,061,288
Land, buildings and equipment
$4,222,094
Gross unrelated business income
$234,879
Gross receipts
$2,843,879
Employees
57
Volunteers
125
Year formed
1907
State of legal domicile
VA

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
RICHARD ASHGENERAL MANA
Highest-paid employee
41$143,099
SERGIO DIEHLCOMMODORE
Trustee or director, Officer
5$0
JUSTIN MORRISVICE COMMODO
Trustee or director, Officer
2$0
DAVID LONGFIELDREAR COMMODO
Trustee or director
2$0
DOUG MILLERPAST COMMODO
Trustee or director
1$0
DAVE HAMILTONSECRETARY
Trustee or director, Officer
3$0
PATRICIA A MELOCHICKTREASURER
Trustee or director, Officer
2$0
JOHN BLAISFLEET CAPTAI
Trustee or director
1$0
CHRIS JOHNSONDIRECTOR
Trustee or director
1$0
RICK SPAULDINGDIRECTOR
Trustee or director
1$0
CHANDLER CLARKDIRECTOR
Trustee or director
1$0
JASON ERBECKERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
DOUG MILLERCOMMODORE
Trustee or director, Officer
2$0
SERGIO DEIHLVICE COMMODORE
Trustee or director, Officer
1$0
JUSTIN MORRISREAR COMMODORE
Trustee or director
1$0
TOM MOREHOUSEPAST COMMODORE
Trustee or director
1$0
CHRISTIAN JOHNSONBOARD MEMBER
Trustee or director
1$0
RICK SPAULDINGBOARD MEMBER
Trustee or director
1$0
JOHN BLAISBOARD MEMBER
Trustee or director
1$0
LEE FAIRCHILDBOARD MEMBER
Trustee or director
1$0
DAVID LONGFIELDBOARD MEMBER
Trustee or director
1$0
PATRICIA MELOCHICKTREASURER
Officer
2$0
DAVE HAMILTONSECRETARY
Officer
2$0

Address and contacts

Address (IRS master file)
4707 VICTORIA BLVD, HAMPTON, VA 23669-4141
Principal officer (990 for 2024)
PATRICIA A MELOCHICK, 4707 VICTORIA BLVD, HAMPTON, VA 23669
Signed the 990
PATRICIA A MELOCHICK, TREASURER
Phone
(757) 722-0711
Return prepared by
DEIBLER PC

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE OPPORTUNITIES FOR ITS MEMBERSHIP TO PARTICIPATE IN ALL ASPECTS OF THE SPORT OF YACHTING AND TO ASSOCIATE WITH OTHERS OF LIKE INTEREST.

990 for the year ended December 31, 2024

Program accomplishments

  • THE MISSION OF THE JUNIOR SAILING PROGRAM IS TO DEVELOP SAILING, SEAMANSHIP, AND RACING SKILLS IN A SAFE, FUN, AND STRUCTURED ENVIRONMENT FOR YOUTH. HYC JUNIORS DEMONSTRATE RESPECT AND CARE FOR OTHERS, CARE FOR THEIR EQUIPMENT, AND ARE ALWAYS WILLING TO LEND A HELPING HAND BOTH AFLOAT AND ASHORE. THE GOAL IS TO CREATE SKILLED AND CONFIDENT YOUNG PEOPLE WHO WILL BE A LIFELONG CREDIT TO THE HAMPTON YACHT CLUB AND THE COMMUNITY.
    Expenses $189,662 · revenue $241,199
  • THE RACE PROGRAM ORGANIZES, SUPPORTS, AND PARTICIPATES IN SAIL BOAT RACING EVENTS THROUGHOUT THE YEAR FOR MEMBERS AND NONMEMBERS. THESE EVENTS, REFERRED TO AS REGATTAS, ARE LARGELY COORDINATED AND OPERATED BY MEMBERS WHO WILLINGLY DEVOTE MANY HOURS OF TIME TO MAKE EACH EVENT A SUCCESS. RECURRING ANNUAL EVENTS INCLUDE: NEW YEAR'S DAY RACE, WEDNESDAY NIGHT RACING SERIES, DOWN THE BAY RACE, MIDDLE GROUND LIGHT RACE, SOUTHERN BAY RACE WEEK, AND THE ANNUAL ONE DESIGN REGATTA.
    Expenses $52,448 · revenue $51,016
  • THE ADULT SAILING PROGRAM SUPPORTS INSTRUCTION AND OPPORTUNITY FOR ADULT MEMBERS TO LEARN TO SAIL. THIS PROGRAM PREDOMINATELY USES THE CLUB'S SONAR FLEET. THE FOCUS IS ON DEVELOPING PROGRAMS FOR ADULT LEARN-TO-SAIL, TEAM RACING, AND ONE-DESIGN RACING. THE SONAR IS A KEELBOAT, SAFE AND STABLE ENOUGH TO TEACH NEW SAILORS HOW TO RIG, SAIL, AND COMPETE. THE CLUB HAS HOSTED LEARN-TO-SAIL CLASSES, CLINICS, AND RACING EVENTS CATERED TO NEW SAILORS. THE ADULT SAILING PROGRAM INCLUDES THE WOMEN'S SAILING PROGRAM, WICH PROVIDES A FUN, SAFE, AND SUPPORTIVE ENVIRONMENT CATERED TO WOMEN.
  • ALL ASPECTS OF YACHTING AND TO ASSOCIATE WITH OTHERS OF LIKE INTEREST
    Expenses $813,348 · revenue $1,147,350

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
54-0238276
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,021,227
Income (IRS master file)
$2,843,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,737,003$2,903,979$5,021,227XML
990December 2023$2,538,597$2,522,948$5,280,885XML
990December 2022$2,421,016$2,458,784$5,427,252IRS
990December 2021–––IRS
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 54-0238276).

Questions about HAMPTON YACHT CLUB INC

What is the EIN of HAMPTON YACHT CLUB INC?
The employer identification number (EIN) of HAMPTON YACHT CLUB INC is 54-0238276.
Is HAMPTON YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1945.
Are donations to HAMPTON YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HAMPTON 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 HAMPTON 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 HAMPTON 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 is the principal officer of HAMPTON YACHT CLUB INC?
The 990 for the year ended December 31, 2024 names PATRICIA A MELOCHICK.
Who are the officers and directors of HAMPTON YACHT CLUB INC?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $143,099 (RICHARD ASH, GENERAL MANA).
How much revenue does HAMPTON YACHT CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,737,003, expenses of $2,903,979 and total assets of $5,021,227 at year end.

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