Nonprofit · EIN 54-1461275
NBC INC
Tax-exempt · NORFOLK, VA 23510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $166,439 | $163,017 | $3,422 | $542,451 | $16,178 | $526,273 |
| December 31, 2024 | 990 | $151,875 | $121,055 | $30,820 | $560,613 | $38,462 | $522,151 |
| December 31, 2023 | 990 | $158,578 | $105,977 | $52,601 | $552,686 | $61,355 | $491,331 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $160,344
- Investment income
- $6,163
- Net income from sales of inventory
- -$68
- Other revenue
- -$68
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,680
- Depreciation
- $15,812
- Program services (functional)
- $15,406
- Management and general (functional)
- $147,611
Balance sheet and other
- Total assets, start of year
- $564,408
- Total assets, end of year
- $542,451
- Total liabilities, end of year
- $16,178
- Net assets, end of year
- $526,273
- Land, buildings and equipment
- $326,094
- Gross unrelated business income
- $6,163
- Gross receipts
- $166,822
- Employees
- 0
- Year formed
- 1988
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID G PADDOCK | PAST COMMODORE Trustee or director | 2 | $0 |
| DAVID B JENNINGS | CAPTAIN Trustee or director | 2 | $0 |
| BRUCE R BESLEY | COMMODORE Trustee or director, Officer | 2 | $0 |
| BRUCE WILCOX | PAYMASTER Trustee or director, Officer | 2 | $0 |
| DON C GANTT | 2ND LIEUTENANT Trustee or director, Officer | 2 | $0 |
| WILLIAM W GRANGER III | 1ST LIEUTENANT Trustee or director, Officer | 2 | $0 |
| DAVID M DELPIERRE | Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID G PADDOCK | PAST COMMODORE Trustee or director | 2 | $0 |
| DAVID B JENNINGS | CAPTAIN Trustee or director | 2 | $0 |
| BRUCE R BESLEY | COMMODORE Trustee or director, Officer | 2 | $0 |
| BRUCE WILCOX | PAYMASTER Trustee or director, Officer | 2 | $0 |
| DON C GANTT | 2ND LIEUTENANT Trustee or director, Officer | 2 | $0 |
| WILLIAM W GRANGER III | 1ST LIEUTENANT Trustee or director, Officer | 2 | $0 |
| RICK ALEXANDER | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| DAVID M DELPIERRE | Secretary Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID PADDOCK | COMMODORE Trustee or director, Officer | 1 | $0 |
| JOHN T KAVANAGH | PAST COMMODORE Trustee or director, Officer | 1 | $0 |
| BRUCE R BESLEY | PAYMASTER Trustee or director, Officer | 1 | $0 |
| BRUCE WILCOX | Secretary Trustee or director, Officer | 1 | $0 |
| DON GANTT | 2ND LIEUTENANT Trustee or director, Officer | 1 | $0 |
| RAY GESSNER | CAPTAIN Trustee or director, Officer | 1 | $0 |
| WILLIAM GRAINGER | 1ST LIEUTENANT Trustee or director, Officer | 1 | $0 |
| RICK ALEXANDER | VICE COMMODORE Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 432 W FREEMASON ST, NORFOLK, VA 23510-1113
- Principal officer (990 for 2025)
- BRUCE R BESLEY, 432 W FREEMASON STREET, NORFOLK, VA 23510
- Signed the 990
- BRUCE WILCOX, PAYMASTER
- Phone
- (757) 625-8785
- Website
- www.norfolkboatclub.com
- Return prepared by
- Stanley Financial Inc
Mission
TO PROVIDE A MEETING PLACE FOR INFORMAL MEMBER GATHERINGS AND SOCIAL EVENTS FOR MEMBERS.
Program accomplishments
- CLUB FUNTIONS, and EVENTS
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 | 990 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
- 54-1461275
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $542,451
- Income (IRS master file)
- $166,822
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $166,439 | $163,017 | $542,451 | XML |
| 990 | December 2024 | $151,875 | $121,055 | $560,613 | XML |
| 990 | December 2023 | $158,578 | $105,977 | $552,686 | XML |
| 990 | December 2022 | $143,214 | $103,490 | $521,685 | 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 54-1461275).
Questions about NBC INC
- What is the EIN of NBC INC?
- The employer identification number (EIN) of NBC INC is 54-1461275.
- Is NBC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1988.
- Are donations to NBC INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NBC 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 NBC 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 NBC 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 NBC INC?
- The 990 for the year ended December 31, 2025 names BRUCE R BESLEY.
- Who are the officers and directors of NBC INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does NBC INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $166,439, expenses of $163,017 and total assets of $542,451 at year end.
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