Nonprofit · EIN 94-0836785
SAN FRANCISCO YACHT CLUB
Tax-exempt · BELVEDERE, CA 94920
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,523,662 | $8,694,592 | -$170,930 | $20,816,000 | $5,738,414 | $15,077,586 |
| December 31, 2023 | 990 | $8,066,265 | $8,140,062 | -$73,797 | $21,141,114 | $5,987,731 | $15,153,383 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $84,901
- Program service revenue
- $6,174,118
- Investment income
- $112,025
- Net income from sales of inventory
- $1,906,642
- Other revenue
- $2,152,618
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $488,094
- Other salaries and wages
- $2,979,571
- Salaries, compensation and benefits (total)
- $4,476,829
- Professional fundraising fees
- $0
- Depreciation
- $925,732
Balance sheet and other
- Total assets, start of year
- $21,141,114
- Total assets, end of year
- $20,816,000
- Total liabilities, end of year
- $5,738,414
- Net assets, end of year
- $15,077,586
- Land, buildings and equipment
- $14,604,257
- Net assets without donor restrictions
- $15,077,586
- Gross unrelated business income
- $367,178
- Gross receipts
- $9,645,240
- Employees
- 107
- Volunteers
- 125
- Year formed
- 1873
- State of legal domicile
- CA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL PERRY | GENERAL MANAGER Officer | 40 | $268,755 | $19,412 |
| SIMEON MEYER | CONTROLLER Officer | 40 | $188,181 | $11,746 |
| STEPHAN COLLOMB | EXECUTIVE CHEF Highest-paid employee | 40 | $168,419 | $15,256 |
| FORREST GAY | SAILING DIRECTOR Highest-paid employee | 40 | $159,160 | $15,808 |
| PHILLIP ATCHISON | BAR MANAGER Highest-paid employee | 40 | $139,274 | $10,278 |
| DIVANI GOMEZ | CLUBHOUSE MANAGER Highest-paid employee | 40 | $127,647 | $11,746 |
| ADAM CORPUZ-LAHNE | ADULT SAILING DIRECTOR Highest-paid employee | 40 | $117,831 | $14,788 |
| JENNIFER DAILEY | COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| QUENTIN HILLS | VICE COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| JEFF CUSACK | REAR COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| STEPHEN FENTRESS | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| PATRICIA YOUNG | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| MADELINE MOREY | JR. STAFF COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| ETHAN DOYLE | DIRECTOR Trustee or director | 10 | $0 | $0 |
| CASSIDY LYNCH | DIRECTOR Trustee or director | 10 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURENCE BEKINS | DIRECTOR Trustee or director | 10 | $0 |
| RICHARD PEARCE | DIRECTOR Trustee or director | 10 | $0 |
| JOHN EGELSTON | DIRECTOR Trustee or director | 10 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL PERRY | GENERAL MANAGER Officer | 40 | $243,349 | $33,095 |
| FORREST GAY | SAILING DIRECTOR Highest-paid employee | 40 | $141,154 | $14,297 |
| DIXON HOLLIS | CLUB MANAGER Highest-paid employee | 40 | $144,702 | $10,215 |
| SIMEON MEYER | CONTROLLER Officer | 40 | $134,037 | $10,215 |
| KEVIN TENTIS | HARBOR MASTER Highest-paid employee | 40 | $111,446 | $13,761 |
| MADELINE MOREY | COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| JENNIFER DAILEY | VICE COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| QUENTIN HILLS | REAR COMMODORE Trustee or director, Officer | 10 | $0 | $0 |
| STEPHEN FENTRESS | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ROBERT SLAYMAKER | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| JEFF CUSACK | DIRECTOR Trustee or director | 10 | $0 | $0 |
| ETHAN DOYLE | DIRECTOR Trustee or director | 10 | $0 | $0 |
| JOHN EGELSTON | DIRECTOR Trustee or director | 10 | $0 | $0 |
| SC DON JESBERG | DIRECTOR Trustee or director | 10 | $0 | $0 |
| CASSIDY LYNCH | DIRECTOR Trustee or director | 10 | $0 | $0 |
| PATRICIA YOUNG | DIRECTOR Trustee or director | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 98 BEACH RD, BELVEDERE, CA 94920-2300
- Principal officer (990 for 2024)
- MICHAEL PERRY, 98 BEACH RD, BELVEDERE, CA 94920
- Signed the 990
- TODD HURLBUT, TREASURER
- Phone
- (415) 435-9133
- Website
- WWW.SFYC.ORG
- Return prepared by
- PPCO ADVISORS LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 94-0836785 or by the name SAN FRANCISCO YACHT CLUB.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7), WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE SINGLE PURPOSE OF SOCIAL AND RECREATIONAL BENEFITS.
Program accomplishments
- SOCIAL AND RECREATIONAL PROGRAMS. SEE PART VIII FOR LISTING.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-0836785
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $20,816,000
- Income (IRS master file)
- $9,645,240
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,523,662 | $8,694,592 | $20,816,000 | IRS |
| 990 | December 2023 | $8,066,265 | $8,140,062 | $21,141,114 | XML |
| 990 | December 2022 | $7,073,733 | $7,401,673 | $21,535,474 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 94-0836785).
Questions about SAN FRANCISCO YACHT CLUB
- What is the EIN of SAN FRANCISCO YACHT CLUB?
- The employer identification number (EIN) of SAN FRANCISCO YACHT CLUB is 94-0836785.
- Is SAN FRANCISCO YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1940.
- Are donations to SAN FRANCISCO YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SAN FRANCISCO 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 SAN FRANCISCO YACHT CLUB 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 SAN FRANCISCO YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAN FRANCISCO YACHT CLUB?
- The 990 for the year ended December 31, 2024 names MICHAEL PERRY.
- Who are the officers and directors of SAN FRANCISCO YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 18 people; 7 received compensation from the organization, the highest $268,755 (MICHAEL PERRY, GENERAL MANAGER).
- How much revenue does SAN FRANCISCO YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,523,662, expenses of $8,694,592 and total assets of $20,816,000 at year end.
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