Nonprofit · EIN 59-0248800
THE FLORIDA YACHT CLUB
Tax-exempt · JACKSONVILLE, FL 32210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $9,127,702 | $8,675,657 | $452,045 | $25,959,462 | $16,730,489 | $9,228,973 |
| December 31, 2024 | 990 | $8,175,487 | $7,124,339 | $1,051,148 | $23,621,795 | $14,844,867 | $8,776,928 |
| December 31, 2023 | 990 | $7,104,782 | $6,597,493 | $507,289 | $15,449,391 | $7,723,611 | $7,725,780 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,208,683
- Investment income
- -$33,630
- Net gain from sales of assets
- -$37,867
- Net income from sales of inventory
- $1,387,446
- Other revenue
- $1,952,649
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $329,692
- Other salaries and wages
- $3,654,734
- Salaries, compensation and benefits (total)
- $4,522,182
- Professional fundraising fees
- $0
- Legal fees
- $1,000
- Accounting fees
- $23,947
- Occupancy
- $833,366
- Travel
- $210
- Depreciation
- $793,169
Balance sheet and other
- Total assets, start of year
- $23,621,795
- Total assets, end of year
- $25,959,462
- Total liabilities, end of year
- $16,730,489
- Net assets, end of year
- $9,228,973
- Land, buildings and equipment
- $24,187,848
- Net assets without donor restrictions
- $9,228,973
- Gross unrelated business income
- $190,615
- Gross receipts
- $9,980,136
- Employees
- 194
- Volunteers
- 14
- Year formed
- 1879
- State of legal domicile
- FL
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 | Other / benefits |
|---|---|---|---|---|
| LOUIS BALLENTYNE | TENNIS DIRECTOR Highest-paid employee | 45 | $269,125 | $7,976 |
| CAROL EDELL | GENERAL MANAGER Officer | 45 | $200,755 | $6,287 |
| STEPHEN BECHAN | EXECUTIVE CHEF Highest-paid employee | 45 | $137,050 | $4,867 |
| JULIA JACKSON | TENNIS PRO Highest-paid employee | 45 | $126,321 | $4,445 |
| SHARON MILLER | CONTROLLER Officer | 45 | $111,821 | $3,829 |
| KYLE BELL | OPERATIONS MANAGER Highest-paid employee | 45 | $110,322 | $3,581 |
| RICARDO MONTANEZ | TENNIS PRO Highest-paid employee | 45 | $112,204 | $608 |
| L ALLEN MCDONOUGH JR | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| HERSCHEL VINYARD | VICE COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM DERR | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| JASON RICHARDS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BERNARD RUSSELL BROCKMAN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| C CARTER ROSENBLOOM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REED HAWKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLES GRIFFITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES RACINE | DIRECTOR Trustee or director | 2 | $0 |
| JOHN CRAWFORD | DIRECTOR Trustee or director | 2 | $0 |
| KIMBERLY COLLINS | DIRECTOR Trustee or director | 2 | $0 |
| MATTHEW KENYON | DIRECTOR Trustee or director | 2 | $0 |
| ELSA BOTTOMLEY | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE E MARTIN III | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LOUIS BALLENTYNE | TENNIS DIRECTOR Highest-paid employee | 45 | $249,345 | $6,618 |
| CAROL EDELL | GENERAL MANAGER Officer | 45 | $195,070 | $5,428 |
| STEPHEN BECHAN | EXECUTIVE CHEF Highest-paid employee | 45 | $134,893 | $3,655 |
| JULIA JACKSON | TENNIS PRO Highest-paid employee | 45 | $112,325 | $3,252 |
| SHARON MILLER | CONTROLLER Officer | 45 | $110,093 | $3,314 |
| CHRISTIAN P GEORGE | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| L ALLEN MCDONOUGH JR | VICE COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| HERSCHEL VINYARD | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM DERR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JASON RICHARDS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| HARRISON FRAZIER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BERNARD RUSSELL BROCKMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLES GRIFFITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES RACINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN CRAWFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KIMBERLY COLLINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW KENYON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| C STEWART GREEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELSA SCAGEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LOUIS BALLENTYNE | TENNIS DIRECTOR Highest-paid employee | 45 | $257,247 | $3,166 |
| CAROL EDELL | GENERAL MANAGER Officer | 45 | $187,537 | $2,136 |
| STEPHEN BECHAN | EXECUTIVE CHEF Highest-paid employee | 45 | $132,472 | $1,300 |
| SHARON MILLER | CONTROLLER Officer | 45 | $106,696 | $1,274 |
| MARGARET BARNETT EMMET | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTIAN P GEORGE | VICE COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| L ALLEN MCDONOUGH JR | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM DERR | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| HERSCHEL VINYARD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| STEPHEN BUSEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KIMBERLY COLLINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMES RACINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HARRISON FRAZIER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JASON RICHARDS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW KENYON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| W DAVID HAWKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| C STEWART GREEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BERNARD RUSSELL BROCKMAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5210 YACHT CLUB RD, JACKSONVILLE, FL 32210-8326
- Principal officer (990 for 2025)
- L ALLEN MCDONOUGH JR, 5210 FLORIDA YACHT ROAD, JACKSONVILLE, FL 32210
- Signed the 990
- L ALLEN MCDONOUGH JR, COMMODORE
- Phone
- (904) 387-1653
- Website
- WWW.THEFLORIDAYACHTCLUB.ORG
- Return prepared by
- SMOAK DAVIS & NIXON LLP
Mission
THE FLORIDA YACHT CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATION ACTIVITIES.
Program accomplishments
- THE CLUB PROVIDED RESTAURANT, TENNIS, AND AQUATIC FACILITIES FOR ITS MEMBERS.
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
- 59-0248800
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $25,959,462
- Income (IRS master file)
- $9,980,136
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,127,702 | $8,675,657 | $25,959,462 | XML |
| 990 | December 2024 | $8,175,487 | $7,124,339 | $23,621,795 | XML |
| 990 | December 2023 | $7,104,782 | $6,597,493 | $15,449,391 | XML |
| 990 | December 2022 | $7,411,246 | $6,522,626 | $10,325,213 | 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 59-0248800).
Questions about THE FLORIDA YACHT CLUB
- What is the EIN of THE FLORIDA YACHT CLUB?
- The employer identification number (EIN) of THE FLORIDA YACHT CLUB is 59-0248800.
- Is THE FLORIDA YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
- Are donations to THE FLORIDA YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE FLORIDA 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 THE FLORIDA 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 THE FLORIDA 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 THE FLORIDA YACHT CLUB?
- The 990 for the year ended December 31, 2025 names L ALLEN MCDONOUGH JR.
- Who are the officers and directors of THE FLORIDA YACHT CLUB?
- The 990 for the year ended December 31, 2025 lists 21 people; 7 received compensation from the organization, the highest $269,125 (LOUIS BALLENTYNE, TENNIS DIRECTOR).
- How much revenue does THE FLORIDA YACHT CLUB have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,127,702, expenses of $8,675,657 and total assets of $25,959,462 at year end.
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