Nonprofit · EIN 65-1116984
MARCO ISLAND YACHT CLUB INC
Tax-exempt · MARCO ISLAND, FL 34145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $6,273,481 | $6,045,373 | $228,108 | $21,095,233 | $13,048,839 | $8,046,394 |
| September 30, 2024 | 990 | $7,139,907 | $8,445,066 | -$1,305,159 | $19,393,895 | $11,575,609 | $7,818,286 |
| September 30, 2023 | 990 | $3,068,320 | $2,814,637 | $253,683 | $20,835,779 | $11,712,334 | $9,123,445 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,458,190
- of which government grants
- $23,951
- Program service revenue
- $2,625,011
- Investment income
- $37,136
- Net rental income
- -$6,103
- Net gain from sales of assets
- -$20,061
- Net income from sales of inventory
- $490,555
- Other revenue
- $1,153,144
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $140,800
- Other salaries and wages
- $1,921,975
- Salaries, compensation and benefits (total)
- $2,401,034
- Professional fundraising fees
- $0
- Legal fees
- $45,088
- Accounting fees
- $135,875
- Occupancy
- $92,343
- Depreciation
- $569,236
Balance sheet and other
- Total assets, start of year
- $19,393,895
- Total assets, end of year
- $21,095,233
- Total liabilities, end of year
- $13,048,839
- Net assets, end of year
- $8,046,394
- Land, buildings and equipment
- $18,989,924
- Net assets without donor restrictions
- $8,046,394
- Gross unrelated business income
- $83,004
- Gross receipts
- $6,723,755
- Employees
- 62
- Volunteers
- 30
- Year formed
- 2001
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA MILANESE | CLUB MANAGER Officer | 40 | $140,800 |
| KEVIN HENNESSY | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| ELENA MCFANN | SECRETARY Trustee or director, Officer | 2 | $0 |
| JIM RICH | DIRECTOR Trustee or director | 2 | $0 |
| GEOFF WALKER | DIRECTOR Trustee or director | 2 | $0 |
| CINDY KROEGER | DIRECTOR Trustee or director | 2 | $0 |
| GERRY GORMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MAUREEN BAUWENS | DIRECTOR Trustee or director | 2 | $0 |
| DAVID EVERITT | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| TOM MORRISON | DIRECTOR Trustee or director | 2 | $0 |
| KEN BOSTROM | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARRISSA L BROOKS | GENERAL MANAGER Officer | 40 | $122,351 |
| KEVIN HENNESSY | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| VICKI BRETTHAUER | SECRETARY Trustee or director, Officer | 2 | $0 |
| JIM RICH | DIRECTOR Trustee or director | 2 | $0 |
| GEOFF WALKER | DIRECTOR Trustee or director | 2 | $0 |
| CINDY KROEGER | DIRECTOR Trustee or director | 2 | $0 |
| GERRY GORMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MAUREEN BAUWENS | DIRECTOR Trustee or director | 2 | $0 |
| DAVID EVERITT | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| PAUL SODEN | DIRECTOR Trustee or director | 2 | $0 |
| TOM MORRISON | DIRECTOR Trustee or director | 2 | $0 |
| KEN BOSTROM | DIRECTOR Trustee or director | 2 | $0 |
| MISSY DUFFY | CLUB MANAGER Officer | 40 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARRISSA L BROOKS | GENERAL MANAGER Officer | 40 | $93,301 |
| MARK J FELBINGER | CLUB MANAGER Officer | 40 | $34,336 |
| KEVIN HENNESSY | DIRECTOR Trustee or director | 2 | $0 |
| ANGELA HOLT | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| TOM JOBE | DIRECTOR Trustee or director | 2 | $0 |
| VICKI BRETTHAUER | SECRETARY Trustee or director, Officer | 2 | $0 |
| JIM RICH | DIRECTOR Trustee or director | 2 | $0 |
| TOM WENTWORTH | DIRECTOR Trustee or director | 2 | $0 |
| SUSAN HIEFTJE | DIRECTOR Trustee or director | 2 | $0 |
| GERRY GORMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| HENRY STANLEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID EVERITT | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| PAUL SODEN | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1400 N COLLIER BLVD, MARCO ISLAND, FL 34145-2314
- Principal officer (990 for 2024)
- DAVID EVERITT, 1400 NORTH COLLIER BLVD, MARCO ISLAND, FL 34145
- Signed the 990
- DAVID EVERITT, CHAIRMAN
- Phone
- (239) 394-0199
- Website
- WWW.MARCOISLANDYACHTCLUB.NET
- Return prepared by
- HILL BARTH & KING LLC
Mission
TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE TO PROVIDE LEISURE AND RECREATION.
Program accomplishments
- FULFILL ITS MISSION TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT LEISURE AND RECREATION
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 65-1116984
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $21,095,233
- Income (IRS master file)
- $6,723,755
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $6,273,481 | $6,045,373 | $21,095,233 | XML |
| 990 | September 2024 | $7,139,907 | $8,445,066 | $19,393,895 | XML |
| 990 | September 2023 | $3,068,320 | $2,814,637 | $20,835,779 | XML |
| 990 | September 2022 | $11,770,988 | $2,663,183 | $14,283,107 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 65-1116984).
Questions about MARCO ISLAND YACHT CLUB INC
- What is the EIN of MARCO ISLAND YACHT CLUB INC?
- The employer identification number (EIN) of MARCO ISLAND YACHT CLUB INC is 65-1116984.
- Is MARCO ISLAND YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2002.
- Are donations to MARCO ISLAND YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARCO ISLAND 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 MARCO ISLAND 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 MARCO ISLAND 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 is the principal officer of MARCO ISLAND YACHT CLUB INC?
- The 990 for the year ended September 30, 2025 names DAVID EVERITT.
- Who are the officers and directors of MARCO ISLAND YACHT CLUB INC?
- The 990 for the year ended September 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $140,800 (MELISSA MILANESE, CLUB MANAGER).
- How much revenue does MARCO ISLAND YACHT CLUB INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $6,273,481, expenses of $6,045,373 and total assets of $21,095,233 at year end.
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