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Nonprofit · EIN 59-0681086

MIAMI YACHT CLUB INC

Tax-exempt · MIAMI, FL 33132

Financials

$1.3M$1.2M2022$1.5M$1.4M2023$1.7M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of MIAMI YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$1,689,447$1,748,111-$58,664$1,003,535$146,001$857,534
March 31, 2024990$1,468,114$1,372,922$95,192$889,398$37,548$851,850
March 31, 2023990$1,282,687$1,174,822$107,865$798,596$41,938$756,658
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,359,599
Investment income
$2,364
Net income from sales of inventory
$327,484
Other revenue
$327,484

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$624,983
Salaries, compensation and benefits (total)
$680,334
Professional fundraising fees
$0
Legal fees
$37,480
Accounting fees
$7,200
Occupancy
$201,751
Depreciation
$118,737
Program services (functional)
$1,661,937
Management and general (functional)
$86,174

Balance sheet and other

Total assets, start of year
$889,398
Total assets, end of year
$1,003,535
Total liabilities, end of year
$146,001
Net assets, end of year
$857,534
Land, buildings and equipment
$413,197
Net assets without donor restrictions
$857,534
Gross receipts
$2,044,624
Employees
21
Year formed
1963
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PEPE ALMEIDABOARD MEMBER
Trustee or director
–$0
JAMES CARLINBOARD MEMBER
Trustee or director
–$0
EMILY COPELANDCOMMODORE
Trustee or director, Officer
–$0
MIKE FAIRCLOTHBOARD MEMBER
Trustee or director
–$0
TED FELIXBOARD MEMBER
Trustee or director
–$0
KATIE FLOODBOARD MEMBER
Trustee or director
–$0
RICK HALLBOARD MEMBER
Trustee or director
–$0
BRIAN HOLLENBECKBOARD MEMBER
Trustee or director
–$0
IAN HOLTZWORTHBOARD MEMBER
Trustee or director
–$0
SANTIAGO HOLZBOARD MEMBER
Trustee or director
–$0
MARK INGRAHAMBOARD MEMBER
Trustee or director
–$0
TIM MCDOUGALLBOARD MEMBER
Trustee or director
–$0
GUS MONGEBOARD MEMBER
Trustee or director
–$0
MIKE MORELREAR COMMODO
Trustee or director
–$0
DREW MOUACDIEBOARD MEMBER
Trustee or director, Officer
–$0
7 more people on this return
NameTitleHours / weekCompensation
TOM PHILIPSBOARD MEMBER
Trustee or director
–$0
JOHN PORTERVICE COMMODO
Trustee or director
–$0
RYAN POWERSBOARD MEMBER
Trustee or director
–$0
DANIEL JOSE RODRIGUEZTREASURER
Trustee or director, Officer
–$0
DON SAPPBOARD MEMBER
Trustee or director
–$0
NALINEE SINGHSECRETARY
Trustee or director, Officer
–$0
DAN ZAFFUTOBOARD MEMBER
Trustee or director
–$0
990 for the year ended March 31, 2024: 21 people
NameTitleHours / weekCompensation
PEPE ALMEIDABOARD MEMBER
Trustee or director
–$0
JAMES CARLINBOARD MEMBER
Trustee or director
–$0
EMILY COPELANDVICE COMMODO
Trustee or director, Officer
–$0
MIKE FAIRCLOTHBOARD
Trustee or director
–$0
TED FELIXBOARD MEMBER
Trustee or director
–$0
KATIE FLOODBOARD
Trustee or director
–$0
RICK HALLSTAFF COMMOD
Trustee or director, Officer
–$0
BRIAN HOLLENBECKBOARD
Trustee or director
–$0
IAN HOLTZWORTHBOARD
Trustee or director
–$0
SANTIAGO HOLZBOARD
Trustee or director
–$0
MARK INGRAHAMCOMMODORE
Trustee or director, Officer
–$0
TIM MCDOUGALLREAR COMMODO
Trustee or director, Officer
–$0
GUS MONGEBOARD
Trustee or director
–$0
MIKE MORELBOARD
Trustee or director
–$0
DREW MOUACDIESECRETARY
Trustee or director, Officer
–$0
TOM PHILIPSBOARD
Trustee or director
–$0
JOHN PORTERBOARD
Trustee or director
–$0
RYAN POWERSBOARD MEMBER
Trustee or director
–$0
DANIEL JOSE RODRIGUEZTREASURER
Trustee or director, Officer
–$0
DON SAPPBOARD
Trustee or director
–$0
DAN ZAFFUTOBOARD
Trustee or director
–$0
990 for the year ended March 31, 2023: 20 people
NameTitleHours / weekCompensation
PEPE ALMEIDABOARD MEMBER
Trustee or director
–$0
JAMES CARLINBOARD MEMBER
Trustee or director
–$0
EMILY COPELANDVICE COMMODO
Trustee or director, Officer
–$0
MIKE FAIRCLOTHBOARD
Trustee or director
–$0
TED FELIXBOARD MEMBER
Trustee or director
–$0
KATIE FLOODBOARD
Trustee or director
–$0
RICK HALLSTAFF COMMOD
Trustee or director, Officer
–$0
BRIAN HOLLENBECKBOARD
Trustee or director
–$0
IAN HOLTZWORTHBOARD
Trustee or director
–$0
SANTIAGO HOLZBOARD
Trustee or director
–$0
MARK INGRAHAMCOMMODORE
Trustee or director, Officer
–$0
TIM MCDOUGALLREAR COMMODO
Trustee or director, Officer
–$0
GUS MONGEBOARD
Trustee or director
–$0
MIKE MORELBOARD
Trustee or director
–$0
DREW MOUACDIESECRETARY
Trustee or director, Officer
–$0
TOM PHILIPSBOARD
Trustee or director
–$0
JOHN PORTERTREASURER
Trustee or director, Officer
–$0
RYAN POWERSBOARD MEMBER
Trustee or director
–$0
DON SAPPBOARD
Trustee or director
–$0
DAN ZAFFUTOBOARD
Trustee or director
–$0

Address and contacts

Address (IRS master file)
1001 MACARTHUR CSWY, MIAMI, FL 33132-1612
Principal officer (990 for 2024)
MARK INGRAHAM, 1001 MACARTHUR CAUSEWAY, MIAMI, FL 33132
Signed the 990
DANIEL JOSE RODRIGUEZ, TREASURER
Phone
(305) 377-9877
Return prepared by
SHEER & COMPANY

Mission

TO PROMOTE THE SPORT OF SAILING AND OTHER WATER RELATED ACTIVITIES

990 for the year ended March 31, 2025

Program accomplishments

  • YACHT CLUB ACTIVITIES
    Expenses $1,237,839 · revenue $1,359,599
  • YACHT CLUB ACTIVITIES
    Expenses $424,098

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
59-0681086
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1989
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,003,535
Income (IRS master file)
$2,044,624

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$1,689,447$1,748,111$1,003,535XML
990March 2024$1,468,114$1,372,922$889,398XML
990March 2023$1,282,687$1,174,822$798,596XML
990March 2022$989,334$873,590$701,719IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 59-0681086).

Questions about MIAMI YACHT CLUB INC

What is the EIN of MIAMI YACHT CLUB INC?
The employer identification number (EIN) of MIAMI YACHT CLUB INC is 59-0681086.
Is MIAMI YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1989.
Are donations to MIAMI YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MIAMI 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 MIAMI YACHT CLUB INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIAMI YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of MIAMI YACHT CLUB INC?
The 990 for the year ended March 31, 2025 names MARK INGRAHAM.
Who are the officers and directors of MIAMI YACHT CLUB INC?
The 990 for the year ended March 31, 2025 lists 22 people; 0 received compensation from the organization.
How much revenue does MIAMI YACHT CLUB INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $1,689,447, expenses of $1,748,111 and total assets of $1,003,535 at year end.

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