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Nonprofit · EIN 95-1711329

SANTA BARBARA YACHT CLUB INC

Tax-exempt · SANTA BARBARA, CA 93109

Financials

$3.4M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of SANTA BARBARA YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,429,170$3,314,190$114,980$5,740,180$1,056,065$4,684,115
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,208,744
Investment income
$19,764
Net income from sales of inventory
$1,156,504
Other revenue
$1,200,662

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$222,241
Other salaries and wages
$1,679,996
Salaries, compensation and benefits (total)
$2,102,755
Professional fundraising fees
$0
Accounting fees
$20,588
Occupancy
$469,852
Depreciation
$281,726

Balance sheet and other

Total assets, start of year
$5,571,550
Total assets, end of year
$5,740,180
Total liabilities, end of year
$1,056,065
Net assets, end of year
$4,684,115
Land, buildings and equipment
$4,241,038
Net assets without donor restrictions
$4,677,414
Net assets with donor restrictions
$6,701
Gross unrelated business income
$19,764
Gross receipts
$4,640,824
Employees
45
Volunteers
13
Year formed
1872
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.

NameTitleHours / weekCompensation
RICHARD NAHASGENERAL MANAGER
Officer
40$222,241
OWEN HANAVANCHEF
Highest-paid employee
40$122,057
BRADFORD SCHAUPETERRACE DIRECTOR
Highest-paid employee
40$115,825
JEFF BERKUSCOMMODORE
Trustee or director, Officer
10$0
MATT WILSONVICE COMMODORE
Trustee or director, Officer
5$0
ED SCHIFFERNSREAR COMMODORE
Trustee or director, Officer
5$0
GEOFF SLAFFTREASURER
Trustee or director, Officer
5$0
ERIC STOKKESECRETARY
Trustee or director, Officer
5$0
DENNIS BONECKJR. STAFF COMMODORE
Trustee or director
2$0
BILL BLAZEWICZDIRECTOR CLASS 2025
Trustee or director
2$0
TOM HINKLEDIRECTOR CLASS 2025
Trustee or director
2$0
LAUREN BELLDIRECTOR CLASS 2026
Trustee or director
2$0
PAUL SPIELERDIRECTOR CLASS 2026
Trustee or director
2$0
SHARON GREENDIRECTOR CLASS 2027
Trustee or director
2$0
CHRIS GABRIELDIRECTOR CLASS 2027
Trustee or director
2$0
1 more people on this return
NameTitleHours / weekCompensation
ALAN WATSONDIRECTOR CLASS 2027
Trustee or director
2$0

Address and contacts

Address (IRS master file)
130 HARBOR WAY, SANTA BARBARA, CA 93109-2316
Principal officer (990 for 2024)
RICHARD NAHAS, 130 HARBOR WAY, SANTA BARBARA, CA 93109
Signed the 990
RICHARD NAHAS, GENERAL MANAGER
Phone
(805) 965-8112
Website
SBYC.ORG
Return prepared by
MACFARLANE FALETTI & CO LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 95-1711329 or by the name SANTA BARBARA YACHT CLUB INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO ENCOURAGE, PROMOTE, AND MANAGE YACHTING ACTIVITIES, TO ADVANCE THE ART AND SCIENCE OF SEAMANSHIP, TO PRESERVE MARITIME TRADITION, AND TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERS, WHILE BEING MINDFUL OF THE NEEDS OF OUR COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED MEMBERSHIP SERVICES TO MEMBERS.

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 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
95-1711329
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,740,180
Income (IRS master file)
$4,640,824

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,429,170$3,314,190$5,740,180XML
990December 2022$3,324,379$3,127,837$4,899,614IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 95-1711329).

Questions about SANTA BARBARA YACHT CLUB INC

What is the EIN of SANTA BARBARA YACHT CLUB INC?
The employer identification number (EIN) of SANTA BARBARA YACHT CLUB INC is 95-1711329.
Is SANTA BARBARA YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to SANTA BARBARA YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SANTA BARBARA 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 SANTA BARBARA 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 SANTA BARBARA YACHT CLUB INC 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 SANTA BARBARA YACHT CLUB INC?
The 990 for the year ended December 31, 2024 names RICHARD NAHAS.
Who are the officers and directors of SANTA BARBARA YACHT CLUB INC?
The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization, the highest $222,241 (RICHARD NAHAS, GENERAL MANAGER).
How much revenue does SANTA BARBARA YACHT CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,429,170, expenses of $3,314,190 and total assets of $5,740,180 at year end.

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