Nonprofit · EIN 59-0279320
HALIFAX RIVER YACHT CLUB
Tax-exempt · DAYTONA BEACH, FL 32114
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,527,086 | $1,703,246 | -$176,160 | $4,940,002 | $2,160,879 | $2,779,123 |
| December 31, 2023 | 990 | $1,651,087 | $1,644,873 | $6,214 | $5,198,283 | $2,238,786 | $2,959,497 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $40,751
- Program service revenue
- $1,690,532
- Investment income
- $1,368
- Net income from sales of inventory
- -$230,947
- Other revenue
- -$205,565
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $438,620
- Salaries, compensation and benefits (total)
- $507,361
- Professional fundraising fees
- $0
- Legal fees
- $20,257
- Accounting fees
- $9,800
- Occupancy
- $466,408
- Depreciation
- $181,595
- Program services (functional)
- $1,296,001
- Management and general (functional)
- $407,245
Balance sheet and other
- Total assets, start of year
- $5,198,283
- Total assets, end of year
- $4,940,002
- Total liabilities, end of year
- $2,160,879
- Net assets, end of year
- $2,779,123
- Land, buildings and equipment
- $4,120,926
- Gross unrelated business income
- $58,696
- Gross receipts
- $2,836,480
- Employees
- 79
- Year formed
- 1896
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN SMITH | GENERAL MANA Highest-paid employee | 40 | $115,233 |
| RODNEY BLOUNT | COMMODORE Trustee or director, Officer | – | $0 |
| JULIE BROWN | BOARD MEMBER Trustee or director | – | $0 |
| DREW FREEMAN | BOARD MEMBER Trustee or director | – | $0 |
| TOM GAFFEY | BOARD MEMBER Trustee or director | – | $0 |
| RICHARD GOSCH | REAR COMMODO Trustee or director, Officer | – | $0 |
| SANDFORD KINNE | SECRETARY Trustee or director, Officer | – | $0 |
| CHUCK KLEINSCHMIDT | BOARD MEMBER Trustee or director | – | $0 |
| MARK MARTENS | BOARD MEMBER Trustee or director | – | $0 |
| PAM MATERA | BOARD MEMBER Trustee or director | – | $0 |
| CARY MEYERS | IMMED PAST C Trustee or director, Officer | – | $0 |
| AL REALE | BOARD MEMBER Trustee or director | – | $0 |
| PATTY UNDERWOOD | BOARD MEMBER Trustee or director | – | $0 |
| GLEN WAGNER | VICE COMMODO Trustee or director, Officer | – | $0 |
| DAVE WINKLER | BOARD MEMBER Trustee or director | – | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET YAEGER | TREASURER Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN SMITH | GENERAL MANA Highest-paid employee | 40 | $121,864 |
| RODNEY BLOUNT | VICE COMMODO Trustee or director, Officer | 2 | $0 |
| FRANK FERRO | REAR COMMODO Trustee or director, Officer | 2 | $0 |
| DICK GOSCH | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL ST JOHN | BOARD MEMBER Trustee or director | 1 | $0 |
| SANDFORD KINNE | SECRETARY Trustee or director, Officer | 2 | $0 |
| CHUCK KLEINSCHMIDT | BOARD MEMBER Trustee or director | 1 | $0 |
| PAM MATERA | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY MCCARROLL | BOARD MEMBER Trustee or director | 1 | $0 |
| CARY MEYERS | COMMODORE Trustee or director, Officer | 2 | $0 |
| AL REALE | BOARD MEMBER Trustee or director | 1 | $0 |
| JR REDIGAN | IMMED PAST C Trustee or director, Officer | 2 | $0 |
| MAGGIE THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 |
| PATTY UNDERWOOD | BOARD MEMBER Trustee or director | 1 | $0 |
| GLEN WAGNER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARGARET YAEGER | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 331 S BEACH ST, DAYTONA BEACH, FL 32114-5001
- Principal officer (990 for 2024)
- RODNEY BLOUNT, 331 S BEACH ST, DAYTONA BEACH, FL 32114
- Signed the 990
- RICHARD GOSCH, REAR COMMODORE
- Phone
- (386) 255-7459
- Website
- WWW.HRYC.COM
- Return prepared by
- WESTON & GREGORY LLC
Mission
THE HALIFAX RIVER YACHT CLUB IS A CLUB ORGANIZED FOR THE ENCOURAGEMENT OF BOATING AND YACHTING, BOAT AND YACHT BUILDING, THE CULTIVATION OF SEAMANSHIP AND NAVAL SCIENCE AND THE PROMOTION OF SOCIABILITY, ENTERTAINMENT, ENJOYMENT AND BENEVOLENCE AMONG ITS MEMBERS.
Program accomplishments
- CLUB ACTIVITIES AND PROGRAMS FOR MEMBERSHIP
- CLUB ACTIVITIES
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 | Not 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
- 59-0279320
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $4,940,002
- Income (IRS master file)
- $2,836,480
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,527,086 | $1,703,246 | $4,940,002 | IRS |
| 990 | December 2023 | $1,651,087 | $1,644,873 | $5,198,283 | XML |
| 990 | December 2022 | $1,502,288 | $1,480,904 | $5,280,252 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 59-0279320).
Questions about HALIFAX RIVER YACHT CLUB
- What is the EIN of HALIFAX RIVER YACHT CLUB?
- The employer identification number (EIN) of HALIFAX RIVER YACHT CLUB is 59-0279320.
- Is HALIFAX RIVER YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1954.
- Are donations to HALIFAX RIVER YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HALIFAX RIVER 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 HALIFAX RIVER YACHT CLUB 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 HALIFAX RIVER YACHT CLUB 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 HALIFAX RIVER YACHT CLUB?
- The 990 for the year ended December 31, 2024 names RODNEY BLOUNT.
- Who are the officers and directors of HALIFAX RIVER YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $115,233 (BRIAN SMITH, GENERAL MANA).
- How much revenue does HALIFAX RIVER YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,527,086, expenses of $1,703,246 and total assets of $4,940,002 at year end.
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