Nonprofit · EIN 95-2477156
MORRO BAY YACHT CLUB
Tax-exempt · MORRO BAY, CA 93442
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $386,550 | $375,472 | $11,078 | $742,036 | $27 | $742,009 |
| December 31, 2023 | 990 | $300,042 | $215,791 | $84,251 | $730,931 | $0 | $730,931 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $160,434
- Membership dues
- $151,312
- Program service revenue
- $177,945
- Investment income
- $22,434
- Net income from sales of inventory
- $25,897
- Other revenue
- $25,737
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $36,765
- Salaries, compensation and benefits (total)
- $41,102
- Professional fundraising fees
- $0
- Accounting fees
- $15,788
- Occupancy
- $101,656
- Depreciation
- $6,938
- Program services (functional)
- $343,350
- Management and general (functional)
- $32,122
Balance sheet and other
- Total assets, start of year
- $730,931
- Total assets, end of year
- $742,036
- Total liabilities, end of year
- $27
- Net assets, end of year
- $742,009
- Land, buildings and equipment
- $60,084
- Publicly traded securities
- $591,319
- Net assets without donor restrictions
- $742,009
- Gross unrelated business income
- $70,543
- Gross receipts
- $466,065
- Employees
- 0
- Year formed
- 1957
- 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 |
|---|---|---|---|
| JESSE FERRIS | REAR COMMODO Trustee or director | 3 | $0 |
| JOHN WIMER | VICE COMMODO Trustee or director | 3 | $0 |
| TOM WRIGHT | COMMODORE Trustee or director | 3 | $0 |
| RAYMOND SHADY | TREASURER Officer | 4 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRETT CROSS | SR DIRECTOR Trustee or director | 4 | $0 |
| DAWN HUNTSINGER | DIRECTOR Trustee or director | 4 | $0 |
| LYNN MEISSEN | PORT CAPTAIN Trustee or director | 4 | $0 |
| CHARLIE ROBERTS | COMMODORE Trustee or director | 4 | $0 |
| JOHN WIMER | REAR COMMODO Trustee or director | 4 | $0 |
| TOM WRIGHT | VICE COMMODO Trustee or director | 4 | $0 |
| TOM INGRAM | TREASURER Officer | 8 | $0 |
| LUCINDA QUINTANAR | SECRETARY Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 541 EMBARCADERO, MORRO BAY, CA 93442-2217
- Mailing address (990-N for 2014)
- 541 Embarcadero, Morro Bay CA 93442
- Principal officer (990 for 2024)
- RAYMOND SHADY, 541 EMBARCADERO, MORRO BAY, CA 93442
- Principal officer (990-N for 2014)
- John Bodine, 541 Embarcadero, Morro Bay CA 93442
- Signed the 990
- RAYMOND SHADY, TREASURER
- Phone
- (805) 772-3981
- Website
- mbyc.net
- Return prepared by
- ROSS CARREIRO BROWN CPAS PC
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2477156 or by the name MORRO BAY 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
PROMOTE SAILING ACTIVITIES
Program accomplishments
- COMMITTEES, PROGRAMS AND EVENTS FOR THE PROMOTION OF SAILING, YACHTING, BOATING AND RELATED ACTIVITIES INCLUDING SAILING LESSONS.
- COMMITTEES, PROGRAMS AND EVENTS FOR THE PROMOTION OF SAILING, YACHTING, BOATING AND RELATED ACTIVITIES INCLUDING SAILING LESSONS.
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
- 95-2477156
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $742,036
- Income (IRS master file)
- $466,065
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $386,550 | $375,472 | $742,036 | XML |
| 990 | December 2023 | $300,042 | $215,791 | $730,931 | XML |
| 990 | December 2022 | $274,183 | $256,171 | $635,761 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: John Bodine | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 95-2477156).
Questions about MORRO BAY YACHT CLUB
- What is the EIN of MORRO BAY YACHT CLUB?
- The employer identification number (EIN) of MORRO BAY YACHT CLUB is 95-2477156.
- Is MORRO BAY YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
- Are donations to MORRO BAY YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MORRO BAY 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 MORRO BAY 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 MORRO BAY 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 MORRO BAY YACHT CLUB?
- The 990 for the year ended December 31, 2024 names RAYMOND SHADY.
- Who are the officers and directors of MORRO BAY YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MORRO BAY YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $386,550, expenses of $375,472 and total assets of $742,036 at year end.
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