Nonprofit · EIN 59-0756893
HOBE SOUND YACHT CLUB
Tax-exempt · HOBE SOUND, FL 33455
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,743,092 | $1,688,068 | $55,024 | $1,980,483 | $87,334 | $1,893,149 |
| August 31, 2024 | 990 | $2,060,371 | $1,595,825 | $464,546 | $1,944,846 | $106,720 | $1,838,126 |
| August 31, 2023 | 990 | $1,293,792 | $1,423,763 | -$129,971 | $1,439,682 | $66,102 | $1,373,580 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,278,333
- Investment income
- $37,831
- Net income from sales of inventory
- $414,319
- Other revenue
- $426,928
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,023,891
- Salaries, compensation and benefits (total)
- $1,137,103
- Professional fundraising fees
- $0
- Travel
- $8,990
- Depreciation
- $157,657
- Program services (functional)
- $1,317,549
- Management and general (functional)
- $370,519
Balance sheet and other
- Total assets, start of year
- $1,944,846
- Total assets, end of year
- $1,980,483
- Total liabilities, end of year
- $87,334
- Net assets, end of year
- $1,893,149
- Land, buildings and equipment
- $1,170,900
- Net assets without donor restrictions
- $1,893,149
- Gross receipts
- $2,382,467
- Employees
- 59
- Year formed
- 1972
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDI BAGBY | DIRECTOR Officer | 1 | $0 |
| JENNY BANKS | DIRECTOR Officer | 1 | $0 |
| KENNETH BOTSFORD | DIRECTOR Officer | 1 | $0 |
| JEAN CALHOUN | DIRECTOR Officer | 1 | $0 |
| BRYAN COLLEY | DIRRECTOR Officer | 1 | $0 |
| LODEWIJK DEVINK | DIRECTOR Officer | 1 | $0 |
| ANDREW DWYER | TREASURER Officer | 2 | $0 |
| MAXINE FARRELL | COMMODORE Officer | 2 | $0 |
| FRED HANSER | DIRECTOR Officer | 1 | $0 |
| NIVIN MACMILLAN | DIRECTOR Officer | 1 | $0 |
| TED MCGRAW | VICE COMMODO Officer | 2 | $0 |
| KATE NIELSEN | DIRECTOR Officer | 1 | $0 |
| SUSIE PARSONS | DIRECTOR Officer | 1 | $0 |
| SETH PIERREPONT | DIRECTOR Officer | 1 | $0 |
| JAY REMSEN | DIRECTOR Officer | 1 | $0 |
990 for the year ended August 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Brooks | Commodore Trustee or director, Officer | 2 | $0 |
| Maxine Farrell | Vice Commodore Trustee or director, Officer | 2 | $0 |
| Theodore McGraw | Treasurer Trustee or director, Officer | 2 | $0 |
| Frank Bell | Secretary Trustee or director, Officer | 2 | $0 |
| Carole Hunter | Director Trustee or director | 1 | $0 |
| Niven MacMillan | Director Trustee or director | 1 | $0 |
| Seth Pierrepont | Director Trustee or director | 1 | $0 |
| Jenny Banks | Director Trustee or director | 1 | $0 |
| Lodewijk deVink | Director Trustee or director | 1 | $0 |
| Jay Remson | Director Trustee or director | 1 | $0 |
| Kenneth Botsford | Director Trustee or director | 1 | $0 |
| Jean Calhoun | Director Trustee or director | 1 | $0 |
| Brian Colley | Director Trustee or director | 1 | $0 |
| Andrew Dwyer | Director Trustee or director | 1 | $0 |
| Kate Nielson | Director Trustee or director | 1 | $0 |
| Susie Parsons | Director Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Brooks | Commodore Trustee or director, Officer | 2 | $0 |
| Maxine Farrell | Vice Commodore Trustee or director, Officer | 2 | $0 |
| Theodore McGraw | Treasurer Trustee or director, Officer | 2 | $0 |
| Frank Bell | Secretary Trustee or director, Officer | 2 | $0 |
| Carole Hunter | Director Trustee or director | 1 | $0 |
| Niven MacMillan | Director Trustee or director | 1 | $0 |
| Seth Pierrepont | Director Trustee or director | 1 | $0 |
| Jenny Banks | Director Trustee or director | 1 | $0 |
| Lodewijk deVink | Director Trustee or director | 1 | $0 |
| Jay Remson | Director Trustee or director | 1 | $0 |
| Kenneth Botsford | Director Trustee or director | 1 | $0 |
| Jean Calhoun | Director Trustee or director | 1 | $0 |
| Brian Colley | Director Trustee or director | 1 | $0 |
| Andrew Dwyer | Director Trustee or director | 1 | $0 |
| Kate Nielson | Director Trustee or director | 1 | $0 |
| Susie Parsons | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 280 S BEACH RD, HOBE SOUND, FL 33455-2601
- Principal officer (990 for 2024)
- ANDREW DWYER, 280 S BEACH RD, HOBE SOUND, FL 33455
- Signed the 990
- ANDREW DWYER, TREASURER
- Phone
- (772) 546-5116
- Return prepared by
- LEONARDO & COMPANY
Mission
TO PROVIDE DINING FACILITIES FOR MEMBERS TO SOCIALIZE AND ENGAGE IN RECREATIONAL ACTIVITIES.
Program accomplishments
- TO PROVIDE DINING FACILITIES FOR MEMBERS TO SOCIALIZE AND ENGAGE IN RECREATIONAL ACTIVITIES.Expenses $1,530,411 · revenue $2,062,027
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 59-0756893
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1950
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,980,483
- Income (IRS master file)
- $2,382,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,743,092 | $1,688,068 | $1,980,483 | XML |
| 990 | August 2024 | $2,060,371 | $1,595,825 | $1,944,846 | XML |
| 990 | August 2023 | $1,293,792 | $1,423,763 | $1,439,682 | XML |
| 990 | August 2022 | $1,248,395 | $1,345,209 | $1,574,720 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 59-0756893).
Questions about HOBE SOUND YACHT CLUB
- What is the EIN of HOBE SOUND YACHT CLUB?
- The employer identification number (EIN) of HOBE SOUND YACHT CLUB is 59-0756893.
- Is HOBE SOUND YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1950.
- Are donations to HOBE SOUND YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HOBE SOUND 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 HOBE SOUND YACHT CLUB due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOBE SOUND YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of HOBE SOUND YACHT CLUB?
- The 990 for the year ended August 31, 2025 names ANDREW DWYER.
- Who are the officers and directors of HOBE SOUND YACHT CLUB?
- The 990 for the year ended August 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does HOBE SOUND YACHT CLUB have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,743,092, expenses of $1,688,068 and total assets of $1,980,483 at year end.
Other nonprofits in HOBE SOUND
- BOYS & GIRLS CLUB OF MARTIN COUNTY INC EIN 65-0253002 · last filed 990 for 2025
- PINE SCHOOL INC EIN 59-1276282 · last filed 990 for 2025
- LOBLOLLY INC EIN 65-0004016 · last filed 990 for 2025
- GROVE XXIII GOLF CLUB INC EIN 82-1846550 · last filed 990 for 2024
- MEDALIST GOLF CLUB INC EIN 65-0530877 · last filed 990 for 2025
- PROJECT LIFT INC EIN 27-3949112 · last filed 990 for 2025
- HOBE SOUND BIBLE COLLEGE INC EIN 59-1407629 · last filed 990 for 2025
- HOBE SOUND GOLF CLUB INC EIN 65-0029400 · last filed 990 for 2024