Nonprofit · EIN 94-1654962
INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD
Tax-exempt · INVERNESS, CA 94937
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $501,573 | $425,424 | $76,149 | $1,061,909 | $15,863 | $1,046,046 |
| September 30, 2024 | 990 | $478,805 | $436,046 | $42,759 | $992,748 | $22,851 | $969,897 |
| September 30, 2023 | 990 | $432,630 | $443,854 | -$11,224 | $939,077 | $16,772 | $922,305 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $13,249
- Program service revenue
- $465,363
- Investment income
- $4,426
- Net gain from sales of assets
- -$18,940
- Net income from sales of inventory
- $9,760
- Other revenue
- $18,535
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $20,130
- Other salaries and wages
- $103,843
- Salaries, compensation and benefits (total)
- $143,942
- Professional fundraising fees
- $0
- Accounting fees
- $30,085
- Occupancy
- $884
- Depreciation
- $30,499
- Program services (functional)
- $383,832
- Management and general (functional)
- $41,592
Balance sheet and other
- Total assets, start of year
- $992,748
- Total assets, end of year
- $1,061,909
- Total liabilities, end of year
- $15,863
- Net assets, end of year
- $1,046,046
- Land, buildings and equipment
- $219,372
- Publicly traded securities
- $529,572
- Gross unrelated business income
- $8,976
- Gross receipts
- $536,923
- Employees
- 27
- Volunteers
- 100
- Year formed
- 1949
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MILLY BILLER | PORT CAPTAIN Trustee or director, Officer | 10 | $15,063 |
| EDWARD SHAPIRO | VICE COMMODORE Trustee or director, Officer | 2 | $1,055 |
| SETH ROSEN | COMMODORE Trustee or director, Officer | 2 | $0 |
| ANNA-PIA SLOTHOWER | STAFF COMMODORE Trustee or director, Officer | 2 | $0 |
| KEN TAYMOR | Treasurer Trustee or director, Officer | 8 | $0 |
| DAVID BALDWIN | Secretary Trustee or director, Officer | 2 | $0 |
| JIM MCDONALD | Director Trustee or director, Officer | 2 | $0 |
| JENNY WREAD | REAR COMMODORE Trustee or director, Officer | 5 | $0 |
| SALLY BAACK | Director Trustee or director, Officer | 2 | $0 |
| BRIAN CASSEL | Director Trustee or director, Officer | 2 | $0 |
| ASHLEY TOBIN | Director Trustee or director, Officer | 2 | $0 |
990 for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MILLY BILLER | PORT CAPTAIN Trustee or director, Officer | 10 | $25,553 |
| EDWARD SHAPIRO | REAR COMMODORE Trustee or director, Officer | 5 | $1,020 |
| ANNA-PIA SLOTHOWER | COMMODORE Trustee or director, Officer | 2 | $612 |
| SETH ROSEN | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| BEN BALLARD | STAFF COMMODORE Trustee or director, Officer | 2 | $0 |
| KEN TAYMOR | Treasurer Trustee or director, Officer | 8 | $0 |
| DAVID BALDWIN | Secretary Trustee or director, Officer | 2 | $0 |
| JIM MCDONALD | Director Trustee or director, Officer | 2 | $0 |
| SALLY BAACK | Director Trustee or director, Officer | 2 | $0 |
| SEAN CALLAGY | Director Trustee or director, Officer | 2 | $0 |
| JONATHAN KAPLAN | Director Trustee or director, Officer | 2 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN BALLARD | COMMODORE Trustee or director, Officer | 2 | $0 |
| ANNA-PIA SLOTHOWER | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| SETH ROSEN | REAR COMMODORE Trustee or director, Officer | 2 | $0 |
| LAEL DUNCAN | STAFF COMMODORE Trustee or director, Officer | 2 | $0 |
| STEVE CALETTI | Treasurer Trustee or director, Officer | 2 | $0 |
| DAVID BALDWIN | Secretary Trustee or director, Officer | 2 | $0 |
| MILLY BILLER | PORT CAPTAIN Trustee or director, Officer | 2 | $0 |
| JENNY WREAD | Director Trustee or director, Officer | 2 | $0 |
| SKIP SHAPIRO | Director Trustee or director, Officer | 2 | $0 |
| SEAN CALLAGY | Director Trustee or director, Officer | 2 | $0 |
| JONATHAN KAPLAN | Director Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 186, INVERNESS, CA 94937-0186
- Principal officer (990 for 2024)
- SETH ROSEN, POST OFFICE BOX 186, INVERNESS, CA 94937
- Signed the 990
- KEN TAYMOR, Treasurer
- Phone
- (707) 477-9857
- Website
- www.invernessyachtclub.org
- Return prepared by
- Mark Mumm CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1654962 or by the name INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD.
- 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 INVERNESS YACHT CLUB, ON TOMALES BAY, WAS FOUNDED IN 1912 FOR THE PURPOSE OF PRESERVING TOMALES BAY, FOSTERING BOATING AND YACHTING AND TO SERVE AS A BASE FOR ADULT AND YOUTH ACTIVITIES IN THE COMMUNITY, BOTH ON AND OFF THE WATER.
Program accomplishments
- THE INVERNESS YACHT CLUB (IYC) HOSTED OR PROVIDED SPACE FOR COMMUNITY GROUP MEETINGS RELATED TO THE TOMALES BAY WATERSHED AND AREA THAT ADDRESSED ENVIRONMENTAL, ORGANIZATIONAL AND SOCIAL ISSUES.THE IYC PERFORMED THE YOUTH SAIL PROGRAM WITH APPROXIMATELY 20 INSTRUCTORS AND ADDITIONAL IYC VOLUNTEERS THAT SCHOOLED 70 YOUTH SAILORS FOR A PERIOD OF 6 WEEKS IN JUNE & JULY.IYC CONTINUED WITH THE SOCIAL ASPECT OF THE CLUB IN BRINGING MEMBERS AND ADDITIONAL COMMUNITY GUESTS TOGETHER AT THE CLUB FACILITIESPRIVATE MEMORIALS AND FAMILY GATHERINGS WERE PROVIDED FOR AT THE IYC FACILITIES.THE IYC OVERALL PROGRAMS WERE COMPLETED.Expenses $383,832 · revenue $465,363
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
- 94-1654962
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,061,909
- Income (IRS master file)
- $536,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $501,573 | $425,424 | $1,061,909 | XML |
| 990 | September 2024 | $478,805 | $436,046 | $992,748 | XML |
| 990 | September 2023 | $432,630 | $443,854 | $939,077 | XML |
| 990 | September 2022 | $409,271 | $432,764 | $938,376 | 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 94-1654962).
Questions about INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD
- What is the EIN of INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD?
- The employer identification number (EIN) of INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD is 94-1654962.
- Is INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
- Are donations to INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD 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 INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD 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 INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD 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 INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD?
- The 990 for the year ended September 30, 2025 names SETH ROSEN.
- Who are the officers and directors of INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD?
- The 990 for the year ended September 30, 2025 lists 11 people; 2 received compensation from the organization, the highest $15,063 (MILLY BILLER, PORT CAPTAIN).
- How much revenue does INVERNESS YACHT CLUB 12852 SIR FRANCIS DRAKE BLVD have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $501,573, expenses of $425,424 and total assets of $1,061,909 at year end.
Other nonprofits in INVERNESS
- KALLIOPEIA FOUNDATION EIN 94-3270387 · last filed 990-PF for 2024
- LUCID ART FOUNDATION EIN 94-3316074 · last filed 990-PF for 2025
- WEST MARIN SCHOLARSHIP PROGRAM EIN 94-6088058 · last filed 990 for 2025
- YOUTH AND FAMILY SERVICES INC EIN 94-2793548
- IN PLACE EIN 93-2942941 · last filed 990-EZ for 2024
- PLANET WALK EIN 68-0032861 · last filed 990-EZ for 2025
- INVERNESS FOUNDATION 15 PARK AVE EIN 94-6128974 · last filed 990 for 2025
- TOMALES BAY WATERSHED FOUNDATION EIN 68-0183506 · last filed 990-PF for 2025