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Nonprofit · EIN 62-0633936

FORT LOUDOUN YACHT CLUB INC

Tax-exempt · KNOXVILLE, TN 37922

Financials

$677K$545K2022$759K$570K2023$719K$605K2024
Revenue Expenses · by fiscal year end
Financials of FORT LOUDOUN YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$718,728$605,411$113,317$1,851,659$3,541$1,848,118
September 30, 2024990$758,645$570,246$188,399$1,769,855$3,564$1,766,291
September 30, 2023990$676,818$544,600$132,218$1,606,217$3,832$1,602,385
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$683,504
Investment income
$14,763
Net rental income
$17,043
Net income from sales of inventory
-$57,007
Other revenue
$20,461

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$213,015
Salaries, compensation and benefits (total)
$229,631
Professional fundraising fees
$0
Accounting fees
$5,431
Occupancy
$106,085
Depreciation
$62,789
Program services (functional)
$605,411

Balance sheet and other

Total assets, start of year
$1,769,855
Total assets, end of year
$1,851,659
Total liabilities, end of year
$3,541
Net assets, end of year
$1,848,118
Land, buildings and equipment
$1,144,318
Net assets without donor restrictions
$1,848,118
Gross receipts
$936,416
Employees
10
Year formed
1960
State of legal domicile
TN

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Paul KellyCommodore
Trustee or director, Officer
0$0
Eric BelcherVice Commodore
Trustee or director, Officer
0$0
Bud SherrodRear Commodore
Trustee or director, Officer
0$0
Pat SullivanSecretary
Trustee or director, Officer
0$0
Daniel HeadTreasurer
Trustee or director, Officer
0$0
Justin GoinsDirector
Trustee or director
0$0
Mike SullivanDirector
Trustee or director
0$0
John DellDirector
Trustee or director
0$0
Eric HamiltonDirector
Trustee or director
0$0
Tom JonesDirector
Trustee or director
0$0
Matt LynchDirector
Trustee or director
0$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensation
John DellDirector
Trustee or director
0$0
Mike SullivanDirector
Trustee or director
0$0
Eric HamiltonDirector
Trustee or director
0$0
Matt LynchDirector
Trustee or director
0$0
Tom JonesDirector
Trustee or director
0$0
Justin GoinsDirector
Trustee or director
0$0
Eric BelcherVice Commodore
Trustee or director, Officer
0$0
Paul KellyCommodore
Trustee or director, Officer
0$0
Bud SherrodRear Commodore
Trustee or director, Officer
0$0
Daniel HeadTreasurer
Trustee or director, Officer
0$0
Pat SullivanSecretary
Trustee or director, Officer
0$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensation
Mike SullivanDirector
Trustee or director
0$0
Justin GoinsDirector
Trustee or director
0$0
Eric BelcherDirector
Trustee or director
0$0
Tom JonesDirector
Trustee or director
0$0
Eric HamiltonDirector
Trustee or director
0$0
Jim ReedDirector
Trustee or director
0$0
Paul KellyVice Commodore
Trustee or director, Officer
0$0
John FloodCommodore
Trustee or director, Officer
0$0
Bud SherrodRear Commodore
Trustee or director, Officer
0$0
Daniel HeadTreasurer
Trustee or director, Officer
0$0
Pat SullivanSecretary
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
2325 LAKEFRONT DR, KNOXVILLE, TN 37922-6534
In care of
% DANIEL HEAD
Signed the 990
DANIEL HEAD, Treasurer
Phone
(865) 690-6636
Return prepared by
Kim E Pennington MAcc

Mission

To provide boating and social services to members.

990 for the year ended September 30, 2025

Program accomplishments

  • To provide an environment for boating and social services for members while increasing safety awareness. Continuously promote safe boating and water activities.
    Expenses $605,411

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
62-0633936
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1961
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,851,659
Income (IRS master file)
$936,416

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$718,728$605,411$1,851,659XML
990September 2024$758,645$570,246$1,769,855XML
990September 2023$676,818$544,600$1,606,217XML
990September 2022$602,140$506,676$1,568,005IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 62-0633936).

Questions about FORT LOUDOUN YACHT CLUB INC

What is the EIN of FORT LOUDOUN YACHT CLUB INC?
The employer identification number (EIN) of FORT LOUDOUN YACHT CLUB INC is 62-0633936.
Is FORT LOUDOUN YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1961.
Are donations to FORT LOUDOUN YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FORT LOUDOUN 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 FORT LOUDOUN YACHT CLUB INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORT LOUDOUN YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who are the officers and directors of FORT LOUDOUN YACHT CLUB INC?
The 990 for the year ended September 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does FORT LOUDOUN YACHT CLUB INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $718,728, expenses of $605,411 and total assets of $1,851,659 at year end.

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