Nonprofit · EIN 57-0338621
CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC
Tax-exempt · CHARLESTON, SC 29401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $926,572 | $960,065 | -$33,493 | $305,800 | $46,042 | $259,758 |
| December 31, 2024 | 990 | $813,217 | $775,964 | $37,253 | $330,347 | $37,096 | $293,251 |
| December 31, 2023 | 990 | $658,561 | $610,461 | $48,100 | $437,641 | $181,643 | $255,998 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $588,497
- Membership dues
- $588,407
- Program service revenue
- $135,113
- Investment income
- $1,029
- Net rental income
- $32,808
- Net income from fundraising events
- $5,411
- Net income from sales of inventory
- $145,498
- Other revenue
- $201,933
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $425,613
- Salaries, compensation and benefits (total)
- $462,227
- Professional fundraising fees
- $0
- Accounting fees
- $8,680
- Occupancy
- $247,292
- Depreciation
- $1,580
- Program services (functional)
- $824,464
- Management and general (functional)
- $135,601
Balance sheet and other
- Total assets, start of year
- $330,347
- Total assets, end of year
- $305,800
- Total liabilities, end of year
- $46,042
- Net assets, end of year
- $259,758
- Land, buildings and equipment
- $80,539
- Net assets without donor restrictions
- $259,758
- Gross unrelated business income
- $34,068
- Gross receipts
- $1,145,769
- Employees
- 28
- Volunteers
- 100
- Year formed
- 1946
- State of legal domicile
- SC
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 |
|---|---|---|---|
| VAN KINNETT | COMMODORE Officer | 1 | $0 |
| KATIE WILLIAMSON | VICE COMMODORE Officer | 1 | $0 |
| DAVID POSTON | REAR COMMODORE Officer | 1 | $0 |
| LISA KENT | SECRETARY Officer | 1 | $0 |
| DREW LAMPARELLO | TREASURER Officer | 1 | $0 |
| DAN MOORE | HOUSE CHAIRMAN Officer | 1 | $0 |
| BATTON KENNON | FLEET CAPTAIN Officer | 1 | $0 |
| ALEX TRACY | PAST COMMODORE Officer | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX TRACY | COMMODORE Officer | 1 | $0 |
| JAY RUCKER | VICE COMMODORE Officer | 1 | $0 |
| KATIE JOHNSON WILLIAMSON | REAR COMMODORE Officer | 1 | $0 |
| DAVID POSTON | SECRETARY Officer | 1 | $0 |
| DONNA POULNOT | TREASURER Officer | 1 | $0 |
| VAN KINNETT | HOUSE CHAIRMAN Officer | 1 | $0 |
| JASON ANDREJCHAK | FLEET CAPTAIN Officer | 1 | $0 |
| PAUL MALLORY | PAST COMMODORE Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL MALLORY | COMMODORE Officer | 1 | $0 |
| ALEX TRACY | VICE COMMODORE Officer | 1 | $0 |
| CHRISTY SADLER | SECRETARY Officer | 1 | $0 |
| VAN KINNETT | HOUSE CHAIRMAN Officer | 1 | $0 |
| JAY RUCKER | REAR COMMODORE Officer | 1 | $0 |
| DONNA POULNOT | TREASURER Officer | 1 | $0 |
| AUSTIN PEAY | FLEET CAPTAIN Officer | 1 | $0 |
| DAN MOORE | PAST COMMODORE Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 27 LOCKWOOD DR, CHARLESTON, SC 29401-1122
- Principal officer (990 for 2025)
- VAN KINNETTE, PO BOX 20474, CHARLESTON, SC 29413
- Signed the 990
- VAN KINNETTE, COMMODORE
- Phone
- (843) 722-4968
- Website
- CHARLESTONYACHTCLUB.COM
- Return prepared by
- VERIS LLC
Mission
THE ORGANIZATION IS A YACHT CLUB WHICH PROMOTES REGATTAS AND JR. SAILING WATER SPORTS IN SOUTH CAROLINA. IT OPERATES A LOUNGE AND PRIVATE ROOMS FOR MEETINGS AND PARTIES FOR ITS MEMBERS AND GUESTS TO FACILITATE THE SOCIALIZING AND RECREATIONAL ACTIVITIES OF ITS MEMBERS.
Program accomplishments
- CYC PROVIDED SEVERAL CLUB RECREATIONAL FUNCTIONS TO PROMOTE SOCIAL ACTIVITY BETWEEN MEMBERS.Expenses $471,200 · revenue $170,654
- CYC PROVIDED BOAT SPACE AMONGST MEMBERS TO PROMOTE WATER ACTIVITIES.Expenses $323,449 · revenue $117,143
- CYC PROMOTED REGATTAS FOR SC WATER SPORTS.Expenses $29,815 · revenue $10,798
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
- 57-0338621
- 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)
- $305,800
- Income (IRS master file)
- $1,145,769
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $926,572 | $960,065 | $305,800 | XML |
| 990 | December 2024 | $813,217 | $775,964 | $330,347 | XML |
| 990 | December 2023 | $658,561 | $610,461 | $437,641 | XML |
| 990 | December 2022 | $620,841 | $643,947 | $379,741 | 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 57-0338621).
Questions about CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC
- What is the EIN of CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC?
- The employer identification number (EIN) of CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC is 57-0338621.
- Is CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1963.
- Are donations to CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC 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 CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC 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 CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC 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 CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC?
- The 990 for the year ended December 31, 2025 names VAN KINNETTE.
- Who are the officers and directors of CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does CHARLESTON YACHT CLUB INC CHARLESTON MUNICIPAL MARINA 17 LOC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $926,572, expenses of $960,065 and total assets of $305,800 at year end.
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