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Nonprofit · EIN 59-1883734

HERNANDO BEACH YACHT CLUB INC

Tax-exempt · SPRING HILL, FL 34611

Financials

$111K$96K2023$94K$86K2024
Revenue Expenses · by fiscal year end
Financials of HERNANDO BEACH YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$93,516$86,178$7,338$253,519$15,284$238,235
December 31, 2023990-EZ$110,653$95,706$14,947$248,629$17,732$230,897
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,570
Membership dues
$20,486
Program service revenue
$49,395
Investment income
$14,712
Net income from fundraising events
$1,232
Net income from sales of inventory
$4,121

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$3,676
Occupancy
$27,731
Printing, publications and postage
$200
Other expenses
$54,571
Program services (functional)
$19,385

Balance sheet and other

Total assets, start of year
$248,629
Total assets, end of year
$253,519
Total liabilities, end of year
$15,284
Net assets, end of year
$238,235
Cash, savings and investments
$13,195
Land and buildings
$234,432
Gross receipts
$98,823

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Pat CogginsCommodore3$0
Gay ColleypriestVice Commodore6$0
Bill ColleypriestRear Commodore5$0
Ralph KennedyFleet Captain5$0
Karen RumptzSecretary2$0
Sheryl CogginsTreasurer8$0
Patti AmesImm Past Comm3$0
Walter BatagiaDirector1$0
Nina BatagiaDirector1$0
Jason MilcendeauDirector1$0
Sally CosenzaDirector1$0
Donna SavageDirector1$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Ralph KennedyCommodore5$0
Terry LemmonsRear Commodore5$0
Suzanne LemmonsTreasurer8$0
Karen RumptzSecretary2$0
Patti AmesImm Past Comm3$0
Walter BatagiaDirector1$0
Gay ColleypriestDirector1$0
Susan MyersDirector1$0
Henry RomanDirector1$0
Donna SavageDirector1$0

Address and contacts

Address (IRS master file)
PO BOX 3213, SPRING HILL, FL 34611-3213
Signed the 990-EZ
Jerry Markuson, Commodore
Phone
(352) 596-4830

Mission

To promote boating, socialization between members and promote/conduct boating educational projects.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • The Club held many social events to promote interactions between members. Traditional boating-related events, such as the Commodore's Ball and Change of Watch, were held to honor long-standing Yacht Club traditions. Several educational programs were also conducted in cooperation with the local Coast Guard Auxiliary. Two boat parades were organized during the year, one to assist Toys for Tots and the other to assist the Florida Veterans Foundation.
    Expenses $19,385

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
59-1883734
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$253,519
Income (IRS master file)
$98,823

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$93,516$86,178$253,519XML
990-EZDecember 2023$110,653$95,706$248,629XML

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 59-1883734).

Questions about HERNANDO BEACH YACHT CLUB INC

What is the EIN of HERNANDO BEACH YACHT CLUB INC?
The employer identification number (EIN) of HERNANDO BEACH YACHT CLUB INC is 59-1883734.
Is HERNANDO BEACH YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2024.
Are donations to HERNANDO BEACH YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HERNANDO BEACH 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 HERNANDO BEACH YACHT CLUB INC 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 HERNANDO BEACH YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of HERNANDO BEACH YACHT CLUB INC?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does HERNANDO BEACH YACHT CLUB INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $93,516, expenses of $86,178 and total assets of $253,519 at year end.

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