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Nonprofit · EIN 57-6006774

HOBCAW YACHT CLUB

Tax-exempt · MT PLEASANT, SC 29465

Financials

$1.2M$989K2023$2.1M$1M2024$1.2M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of HOBCAW YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,218,548$1,117,719$100,829$3,068,285$167,436$2,900,849
December 31, 2024990$2,060,080$1,004,762$1,055,318$3,108,340$308,320$2,800,020
December 31, 2023990$1,197,854$988,567$209,287$2,061,819$317,117$1,744,702
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$837,069
Membership dues
$837,069
Program service revenue
$297,967
Investment income
$37,712
Net rental income
$900
Other revenue
$45,800

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$73,364
Salaries, compensation and benefits (total)
$79,032
Professional fundraising fees
$0
Accounting fees
$34,029
Program services (functional)
$844,301
Management and general (functional)
$273,418

Balance sheet and other

Total assets, start of year
$3,108,340
Total assets, end of year
$3,068,285
Total liabilities, end of year
$167,436
Net assets, end of year
$2,900,849
Land, buildings and equipment
$1,878,162
Net assets without donor restrictions
$2,900,849
Gross unrelated business income
$900
Gross receipts
$1,218,548
Employees
61
Volunteers
50
Year formed
1957
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.

NameTitleHours / weekCompensation
BRETT ELRODCOMMODORE
Officer
–$0
ROSS CAMPBELLVICE COMMODO
Officer
–$0
DANIEL ISAACREAR COMMODO
Officer
–$0
JIM MAJESKIPOOL CHAIR
Officer
–$0
DAN BRADLEYHOUSE & GROU
Officer
–$0
KATIE CATALANASECRETARY
Officer
–$0
DAVID HAWKINS JRBAR CHAIR
Officer
–$0
TAMERA HAWSEYFACILITIES R
Officer
–$0
MARIE KELLYENTERTAINMEN
Officer
–$0
NATE HARRISSAILING CHAI
Officer
–$0
ANDREW DE HOLLIT CHAIR
Officer
–$0
SHERYL SCHNELLMEMBERSHIP
Officer
–$0
BETH HOWARDTREASURER
Officer
–$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
DANIEL ISAACCOMMODORE
Officer
–$0
PAUL BUTLERREAR COMMODO
Officer
–$0
JIM MAJESKIPOOL CHAIR
Officer
–$0
DAN BRADLEYHOUSE & GROU
Officer
–$0
ROSS CAMPBELLSECRETARY
Officer
–$0
DAVID HAWKINS JRBAR CHAIR
Officer
–$0
TAMERA HAWSEYFACILITIES R
Officer
–$0
MARIE KELLY STALEYENTERTAINMEN
Officer
–$0
NATE HARRISSAILING CHAI
Officer
–$0
ANDREW DE HOLLIT CHAIR
Officer
–$0
SHERYL SCHNELLMEMBERSHIP
Officer
–$0
BRETT ELRODVICE COMMODO
Officer
–$0
KATIE CATALANATREASURER
Officer
–$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
BECCA WEILCOMMODORE
Officer
–$0
RICHARD KINARDREAR COMMODO
Officer
–$0
HOLLAND BURNSPOOL CHAIR
Officer
–$0
BRETT ELRODHOUSE & GROU
Officer
–$0
JODIE FUQUASECRETARY
Officer
–$0
LEWIS LEEBAR CHAIR
Officer
–$0
HILL DURANTBOATYARD CHA
Officer
–$0
MARA HARDEEFACILITIES R
Officer
–$0
KELLY MURPHYENTERTAINMEN
Officer
–$0
ROSS CAMBPELLSAILING CHAI
Officer
–$0
NATHAN MACKIT CHAIR
Officer
–$0
KELLY BRINSONMEMBERSHIP
Officer
–$0
PAUL BUTLERVICE COMMODO
Officer
–$0
KATIE CATALANATREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 21, MT PLEASANT, SC 29465-0021
Principal officer (990 for 2025)
BRETT ELROD, PO BOX 21, MT PLEASANT, SC 29465
Signed the 990
BETH HOWARD, TREASURER
Phone
(843) 693-5368
Return prepared by
BROWN HIERS KINDER LLC

Mission

TO PROVIDE ITS MEMBERSHIP WITH THE BEST POSSIBLE FELLOWSHIP, ENTERTAINMENT AND ENJOYMENT IN A NAUTICAL, FAMILY-ORIENTED ATMOSPHERE.

990 for the year ended December 31, 2025

Program accomplishments

  • THE SAILING PROGRAM IS DESIGNED TO TEACH CHILDREN, TEENAGERS, AND ADULTS TO SAIL SAFELY. THE CLUB OFFERS 2 WEEK SAILING CAMPS FOR CHILDREN IN THE SUMMER TAUGHT BY PAID INSTRUCTORS. THE PROGRAM UTILIZES BOATS OWNED AND MAINTAINED BY THE CLUB. THE CLUB ALSO HOSTS A SAILING REGATTA EACH SUMMER.
  • THE POOL IS USED FOR THE SWIM TEAM, SWIMMING LESSONS, AS WELL AS FOR MEMBERS' ENTERTAINMENT. APPROXIMATELY 250 CHILDREN PARTICIPATE IN THE CLUB'S SWIM TEAM. THE CLUB IS OPEN TO MEMBERS ALL SUMMER.
  • EVENT ACTIVITIES ARE FOR THE ENTERTAINMENT OF THE MEMBERS AND THEIR CHILDREN. THESE INCLUDE PARTIES, CHILDREN'S EVENTS, AND A FISHING TOURNAMENT.
  • OTHER CLUB EXPENSES ARE THE MAINTENANCE OF THE DOCKS AND BOAT LANDING, SALE OF CLUB MERCHANDISE, AND OTHER MISCELLANEOUS.
    Expenses $844,301

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
57-6006774
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,068,285
Income (IRS master file)
$1,218,548

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,218,548$1,117,719$3,068,285XML
990December 2024$2,060,080$1,004,762$3,108,340XML
990December 2023$1,197,854$988,567$2,061,819XML
990December 2022$1,077,688$1,015,110$1,934,860IRS
990December 2021$974,680$1,231,967$1,816,370IRS
990December 2020–––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 57-6006774).

Questions about HOBCAW YACHT CLUB

What is the EIN of HOBCAW YACHT CLUB?
The employer identification number (EIN) of HOBCAW YACHT CLUB is 57-6006774.
Is HOBCAW YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1967.
Are donations to HOBCAW YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HOBCAW 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 HOBCAW YACHT CLUB 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 HOBCAW YACHT CLUB 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 HOBCAW YACHT CLUB?
The 990 for the year ended December 31, 2025 names BRETT ELROD.
Who are the officers and directors of HOBCAW YACHT CLUB?
The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does HOBCAW YACHT CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,218,548, expenses of $1,117,719 and total assets of $3,068,285 at year end.

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