Nonprofit · EIN 59-0655991
VENICE YACHT CLUB INC
Tax-exempt · VENICE, FL 34285
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,907,990 | $5,118,871 | -$210,881 | $9,964,304 | $4,021,730 | $5,942,574 |
| June 30, 2024 | 990 | $5,259,145 | $4,839,081 | $420,064 | $9,195,310 | $3,041,855 | $6,153,455 |
| June 30, 2023 | 990 | $4,469,418 | $4,173,338 | $296,080 | $8,931,969 | $3,198,578 | $5,733,391 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,441,343
- Investment income
- -$234,880
- Net rental income
- -$46,086
- Net gain from sales of assets
- -$246,660
- Net income from sales of inventory
- $1,699,669
- Other revenue
- $1,701,527
Expenses
- Grants and similar amounts paid
- $20,000
- Compensation of officers, directors and key employees
- $150,098
- Other salaries and wages
- $2,069,635
- Salaries, compensation and benefits (total)
- $2,825,759
- Professional fundraising fees
- $0
- Legal fees
- $800
- Accounting fees
- $16,744
- Occupancy
- $202,747
- Travel
- $22,537
- Depreciation
- $552,467
- Program services (functional)
- $5,118,871
Balance sheet and other
- Total assets, start of year
- $9,195,310
- Total assets, end of year
- $9,964,304
- Total liabilities, end of year
- $4,021,730
- Net assets, end of year
- $5,942,574
- Land, buildings and equipment
- $6,694,289
- Net assets without donor restrictions
- $5,942,574
- Gross unrelated business income
- $332,941
- Gross receipts
- $6,507,921
- Employees
- 103
- Volunteers
- 50
- Year formed
- 1951
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE FURMAN | PREVIOUS GENERAL MANAGER Key employee | 40 | $153,662 |
| EDWARD TINDALL | GENERAL MANAGER/COO Trustee or director, Officer | 40 | $1,400 |
| TERRI GRIFFITH | COMMODORE Trustee or director, Officer | 8 | $0 |
| MICHAEL MARQUETTE | VICE COMMODORE Trustee or director, Officer | 5 | $0 |
| MARK CASHDOLLAR | REAR COMMODORE Trustee or director, Officer | 5 | $0 |
| THOMAS STHUHLEY | SECRETARY/TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL NEMSER | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN NIXON | DIRECTOR Trustee or director | 2 | $0 |
| BRITTANY BERG | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| STEVE BIEGLECKI | DIRECTOR Trustee or director | 2 | $0 |
| MARVIN ROYAL | DIRECTOR Trustee or director | 2 | $0 |
| JOE TERRANOVA | DIRECTOR Trustee or director | 2 | $0 |
| VINCE PELLICCIA | EX-OFFICIO Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRUCE FURMAN | GENERAL MANAGER Trustee or director, Officer | 40 | $185,872 | $6,670 |
| JOHN HOLIC | EX-OFFICIO Trustee or director, Officer | 8 | $0 | $0 |
| VINCE PELLICCIA | COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| TERRI GRIFFITH | VICE COMMODORE/TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| DAN MORGAN | REAR COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| MICHAEL MARQUETTE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL NEMSER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN NIXON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRITTANY BERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK CASHDOLLAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVEN JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARTY MOGFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRUCE FURMAN | GENERAL MANAGER Trustee or director, Officer | 40 | $180,758 | $5,102 |
| DONNA BOLDT | EX-OFFICIO Trustee or director, Officer | 8 | $0 | $0 |
| JOHN HOLIC | COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| VINCE PELLICCIA | VICE COMMODORE/TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| TERRI GRIFFITH | REAR COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| DAN MORGAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| STEVE JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARTY MOGFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRITTANY BERG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK CASHDOLLAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA ALLOWAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELINDA SHORT | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1330 TARPON CENTER DR, VENICE, FL 34285-1119
- Principal officer (990 for 2024)
- EDWARD TINDALL, 1330 TARPON CENTER DRIVE, VENICE, FL 34285
- Signed the 990
- MICHAEL MARQUETTE, COMMODORE
- Phone
- (941) 488-7708
- Return prepared by
- SUPLEE SHEA CRAMER & MILLER PA
Mission
A. TO ENCOURAGE THE PROPER USE AND ENJOYMENT OF YACHTS AND BOATS AND TO ASSIST IN EDUCATING MEMBERS IN THE SCIENCE OF NAVIGATION, BOAT DESIGN, AND THE SKILLS OF SAILING.B. TO OWN AND OPERATE AN APPROPRIATE PRIVATE WATERFRONT CLUB IN THE FURTHERANCE OF THE AFORESAID PURPOSES AND TO PROMOTE SOCIAL COMMUNION AMONG ITS MEMBERS AND GUESTS.C. TO ENCOURAGE THE EDUCATION OF THE YOUNG PEOPLE IN THE COMMUNITY IN THE SCIENCE OF NAVIGATION, THE ART OF SAILING, AND SMALL BOAT HANDLING.D. TO PROVIDE AN OPPORTUNITY FOR PERSONS WHO SHARE THESE PURPOSES TO JOIN FORCES IN THE FURTHERANCE OF SUCH COMMON PURSUITS.
Program accomplishments
- THE CLUB PROVIDES ENTERTAINMENT, FOOD, BEVERAGE, AND MARINA FACILITIES FOR MEMBERS AND THEIR GUESTS TO ENCOURAGE YACHTING AND PROFICIENCY IN SEAMANSHIP AND NAVIGATION.Expenses $5,118,871
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0655991
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $9,964,304
- Income (IRS master file)
- $6,507,921
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,907,990 | $5,118,871 | $9,964,304 | IRS |
| 990 | June 2024 | $5,259,145 | $4,839,081 | $9,195,310 | XML |
| 990 | June 2023 | $4,469,418 | $4,173,338 | $8,931,969 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 59-0655991).
Questions about VENICE YACHT CLUB INC
- What is the EIN of VENICE YACHT CLUB INC?
- The employer identification number (EIN) of VENICE YACHT CLUB INC is 59-0655991.
- Is VENICE YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1965.
- Are donations to VENICE YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VENICE YACHT CLUB 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 VENICE YACHT CLUB INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VENICE YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VENICE YACHT CLUB INC?
- The 990 for the year ended June 30, 2025 names EDWARD TINDALL.
- Who are the officers and directors of VENICE YACHT CLUB INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 2 received compensation from the organization, the highest $153,662 (BRUCE FURMAN, PREVIOUS GENERAL MANAGER).
- How much revenue does VENICE YACHT CLUB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,907,990, expenses of $5,118,871 and total assets of $9,964,304 at year end.
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