2026-06-08T10:59:46-05:00 2025-12-31 050405576 OTRANDO PORCARO & ASSOCIATES LTD 2258 POST ROAD WARWICK RI 02886 990 2025-01-01 050133674 EAST GREENWICH YACHT CLUB EAST 4018847700 PO BOX 267 EAST GREENWICH RI 02818 ROB HAMLIN COMMODORE 4018847700 2026-05-19 1 GREGORY PORCARO CPAABV MST P00633303 4017399250 2026-05-15 2025 2025-03-06 01:10:19Z ROB HAMLIN PO BOX 267 EAST GREENWICH RI 02818 3192749 0 X N/A X 1909 RI TO PROVIDE FACILITIES NECESSARY FOR RI FAMILIES TO ENJOY MARINE ACTIVITIES 9 9 47 0 382124 43993 0 0 1823780 1922749 39451 38653 427311 415138 2290542 2376540 0 0 0 0 812388 877107 0 0 0 1395119 1529831 2207507 2406938 83035 -30398 5812736 5615238 2564696 2397597 3248040 3217641 TO ENCOURAGE THE SPORT OF YACHTING, TO PROMOTE THE SCIENCE OF SEAMANSHIP AND NAVIGATION, AND TO PROVIDE AND MAINTAIN A SUITABLE FACILITY FOR THE RECREATIONAL USE BY THE MEMBERSHIP. 0 0 1449113 DOCKAGE & RELATED MARINE SERVICES - PROVIDE NECESSARY FACILITIES AND SERVICES FOR ENJOYMENT OF MARINE ACTIVITIES BY APPROXIMATELY 350 MEMBERS AND THEIR FAMILIES 328057 WINTER STORAGE OF MEMBERS' BOATS - PROVIDED ADEQUATE AND SECURE FACILITIES FOR WINTER BOAT STORAGE FOR APPROXIMATELY 300 MEMBERS 402182 RACE COMMITTEE/CLUB FUNCTIONS AND EVENTS - ESTABLISHED A RACE COMMITTEE TO PLAN, MONITOR AND JUDGE SAILBOAT RACES TO PROMOTE THE SPORT. THE FACILITIES ARE USED TO HOLD MEMBER EVENTS AND TO PROMOTE AND ENHANCE COMRADERY AMONGST MEMBERS 2179352 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 47 1 1 1 0 0 0 0 41725 386862 0 0 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 1 1 0 X X RALPH F RACCA 4018847700 EAST GREENWICH YACHT CLUB EG RI EAST GREENWICH RI 02818 X TODD JOHNSTON TRUSTEE 1.00 X 0 0 0 BILL WATERSON TRUSTEE 1.00 X 0 0 0 SANDRA BISSITT TRUSTEE 1.00 X 0 0 0 DAVID WEHR TRUSTEE 1.00 X 0 0 0 ROB HAMLIN COMMODORE 10.00 X 0 0 0 VINCENT MCATEERIII VICE COMMODOR 3.00 X 0 0 0 THOMAS D'ALBORA REAR COMMODOR 3.00 X 0 0 0 RALPH F RACCA TREASURER 15.00 X 0 0 0 ALAN MIANO SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 MEMBER DOCKAGE 713990 998263 998263 MEMBERSHIP DUES 713990 707216 707216 CLUB FUNCTIONS 713990 210512 210512 GUEST DOCKAGE 713990 6758 6758 1922749 38653 38653 163295 156846 6449 6449 6449 989627 659363 330264 330264 ERC CREDIT 900099 64271 64271 MEMBER FINANCE CHARGES 713990 9097 9097 MISCELLANEOUS REVENUE 713990 5057 5057 78425 2376540 1994416 382124 0 771386 11457 94264 14100 18283 32253 340019 PROPERTY TAXES, INSURAN 474924 REPAIRS AND MAINTENANCE 202294 HAUL, STORAGE AND SECUR 191329 CLUB FUNCTIONS, EVENTS, 171545 85084 2406938 134473 91953 576426 729433 156978 173263 25000 25000 58937 76467 3812 11608 6757471 2362090 4671210 4395381 161745 90521 24155 21612 5812736 5615238 158841 143541 1914480 1746816 491375 507240 2564696 2397597 X 3248040 3217641 3248040 3217641 5812736 5615238 -30398 0 X 1 X 0 0 0 213698 213698 472180 124215 347965 1454313 596466 857847 437066 217305 219761 4180214 1424104 2756110 4395381 SECURITY DEPOSITS 3975 ADVANCE MOORING, SLIP, DEPOSITS, DUES 503265 507240 X PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE EXCEPT FOR AMOUNTS REPRESENTING UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024, THE CLUB DID INCUR FEDERAL AND STATE INCOME TAX EXPENSES. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THE ORGANIZATION IS REQUIRED TO RECOGNIZE AND DISCLOSE ITS UNCERTAIN TAX POSITIONS WHEN IT IS "MORE LIKELY THAN NOT" THAT SUCH POSITION, BASED UPON ITS TECHNICAL MERITS, WILL BE SUSTAINED UPON EXAMINATION. THE BOARD HAS EVALUATED ANY POTENTIAL LIABILITY THAT MIGHT ARISE FROM THE VALIDITY OF ITS STATUS AS A NON-PROFIT ORGANIZATION AND ASSESSMENTS RELATED TO UNRELATED BUSINESS TAXABLE INCOME, WHICH RESULTS WHEN AN ORGANIZATION GENERATES INCOME FROM AN ACTIVITY THAT IS NOT IN FURTHERANCE OF ITS EXEMPT PURPOSE. A TAX ACCRUAL IS DEEMED NECESSARY, THEREFORE, THE TAX AND RELATED PENALTIES AND INTEREST WERE INCLUDED IN INCOME TAX EXPENSE ON THE FINANCIAL STATEMENTS. THE STATUTE OF LIMITATIONS FOR ALL TAXING JURISDICTIONS IS THREE YEARS FROM THE DATE OF FILING. FORM 990, PART VI, SECTION A, LINE 6 THE VOTING MEMBERS ARE THE OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS THAT MAY ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B A SINGLE MEMBER CANNOT MAKE DECISIONS ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 AND 990-T WAS PROVIDED TO THE BOARD TREASURER AND FINANCE CHAIR FOR REVIEW PRIOR TO FILING THE TAX RETURNS FORM 990, PART VI, SECTION B, LINE 12C THE BOARD IS ASKED TO DISCLOSE ANY CONFLICTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS TOP MANAGEMENT AND KEY EMPLOYEES FOR COMPENSATION ADJUSTMENTS, ANNUALLY FORM 990, PART VI, SECTION C, LINE 18 A COPY OF THE 990 AND 990-T ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND APPROVAL BY THE BOARD PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AND APPROVAL BY THE BOARD PRESIDENT. FORM 990, PART VI, LINE 19: FINANCIALS ARE AVAILABLE UPON REQUEST.