Nonprofit · EIN 01-0143485
PORTLAND YACHT CLUB
Tax-exempt · FALMOUTH, ME 04105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $14,028 | $140,188 | -$126,160 | $1,614,863 | $16,923 | $1,597,940 |
| October 31, 2025 | 990 | $1,432,177 | $1,353,053 | $79,124 | $1,762,828 | $38,728 | $1,724,100 |
| October 31, 2024 | 990 | $1,540,074 | $1,490,953 | $49,121 | $1,683,172 | $38,196 | $1,644,976 |
| October 31, 2023 | 990 | $1,346,964 | $1,264,247 | $82,717 | $1,613,990 | $18,135 | $1,595,855 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $600
- Membership dues
- $600
- Program service revenue
- $13,388
- Investment income
- $0
- Net income from sales of inventory
- $40
- Other revenue
- $40
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $40,773
- Salaries, compensation and benefits (total)
- $46,368
- Professional fundraising fees
- $0
- Occupancy
- $26,633
- Depreciation
- $33,109
- Program services (functional)
- $80,333
- Management and general (functional)
- $59,855
Balance sheet and other
- Total assets, start of year
- $1,762,828
- Total assets, end of year
- $1,614,863
- Total liabilities, end of year
- $16,923
- Net assets, end of year
- $1,597,940
- Land, buildings and equipment
- $1,356,379
- Net assets without donor restrictions
- $1,597,940
- Gross receipts
- $14,028
- Employees
- 63
- Volunteers
- 298
- Year formed
- 1869
- State of legal domicile
- ME
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH CAVEN | COMMODORE Trustee or director, Officer | 4 | $0 |
| GEOFF EMANUEL | VICE COMMODORE Trustee or director, Officer | 6 | $0 |
| MEG FENDERSON | REAR COMMODORE Trustee or director, Officer | 4 | $0 |
| STEVEN WHIPPLE | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| ANDREW SAWYER | TREASURER Trustee or director, Officer | 1 | $0 |
| PETER HEISSENBUTTEL | TRUSTEE Trustee or director | 1 | $0 |
| LISA LALUMIERE | TRUSTEE Trustee or director | 1 | $0 |
| PETER VENTRE | TRUSTEE Trustee or director | 1 | $0 |
| BURT RUSSELL | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended October 31, 2025: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH CAVEN | COMMODORE Trustee or director, Officer | 4 | $0 |
| GEOFF EMANUEL | VICE COMMODORE Trustee or director, Officer | 6 | $0 |
| MEG FENDERSON | REAR COMMODORE Trustee or director, Officer | 4 | $0 |
| STEVEN WHIPPLE | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| ANDREW SAWYER | TREASURER Trustee or director, Officer | 1 | $0 |
| PETER HEISSENBUTTEL | TRUSTEE Trustee or director | 1 | $0 |
| LISA LALUMIERE | TRUSTEE Trustee or director | 1 | $0 |
| PETER VENTRE | TRUSTEE Trustee or director | 1 | $0 |
| BURT RUSSELL | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEAN MARVIN | COMMODORE Trustee or director, Officer | 15 | $0 |
| SARAH CAVEN | VICE COMMODORE Trustee or director, Officer | 4 | $0 |
| GEOFF EMANUEL | REAR COMMODORE Trustee or director, Officer | 6 | $0 |
| STEVEN WHIPPLE | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| ANDREW SAWYER | TREASURER Trustee or director, Officer | 1 | $0 |
| PETER HEISSENBUTTEL | TRUSTEE Trustee or director | 1 | $0 |
| LISA LALUMIERE | TRUSTEE Trustee or director | 1 | $0 |
| PETER VENTRE | TRUSTEE Trustee or director | 1 | $0 |
| BURT RUSSELL | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended October 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEAN MARVIN | COMMODORE Trustee or director, Officer | 15 | $0 |
| SARAH CAVEN | VICE COMMODORE Trustee or director, Officer | 4 | $0 |
| GEOFF EMANUEL | REAR COMMODORE Trustee or director, Officer | 6 | $0 |
| STEVEN WHIPPLE | SECRETARY Trustee or director, Officer | 2.5 | $0 |
| SCOTT ELLIOT | TREASURER Trustee or director, Officer | 1 | $0 |
| FRED MADEIRA | TRUSTEE Trustee or director | 1 | $0 |
| PETER VENTRE | TRUSTEE Trustee or director | 1 | $0 |
| PETER HEISSENBUTTEL | TRUSTEE Trustee or director | 1 | $0 |
| LISA LALUMIERE | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 40 OLD POWERHOUSE RD, FALMOUTH, ME 04105-1616
- Principal officer (990 for 2025)
- ANDREW SAWYER, 40 OLD POWERHOUSE ROAD, FALMOUTH FORESIDE, ME 04105
- Signed the 990
- ANDREW SAWYER, TREASURER
- Phone
- (207) 781-9820
- Website
- WWW.PORTLANDYACHTCLUB.COM
- Return prepared by
- PGM LLC
Mission
THE CLUB PROMOTES MEMBER ENJOYMENT BY PROVIDING EASY ACCESS TO THE WATER FOR A VARIETY OF BOATING INTERESTS AND SAFEGUARDS THE RICH AND PROUD LEGACY OF YACHTING THROUGH STEWARDSHIP, PRESERVATION OF CLUB HISTORY AND EDUCATION OF YOUTH AND ADULTS.
Program accomplishments
- THE CLUB PROVIDES MEMBER ENJOYMENT IN A VARIETY OF BOATING INTERESTS INCLUDING RACING, CRUISING, AND DAY TRIPS ON LARGE AND SMALL YACHTS. THE CLUB FOSTERS A STRONG, FRIENDLY, INTERNAL COMMUNITY WHERE MEMBERS AT EVERY STAGE OF LIFE CAN SOCIALIZE, PARTAKE IN FORMAL AND INFORMAL EDUCATIONAL OPPORTUNITIES, BUILD SKILLS, AND MAKE FRIENDS WHO ALSO LOVE THE WATER.Expenses $80,333 · revenue $13,388
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 01-0143485
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1967
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $1,614,863
- Income (IRS master file)
- $14,028
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $14,028 | $140,188 | $1,614,863 | IRS |
| 990 | October 2025 | $1,432,177 | $1,353,053 | $1,762,828 | XML |
| 990 | October 2024 | $1,540,074 | $1,490,953 | $1,683,172 | XML |
| 990 | October 2023 | $1,346,964 | $1,264,247 | $1,613,990 | XML |
| 990 | October 2022 | $1,302,327 | $1,160,122 | $1,533,737 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 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 01-0143485).
Questions about PORTLAND YACHT CLUB
- What is the EIN of PORTLAND YACHT CLUB?
- The employer identification number (EIN) of PORTLAND YACHT CLUB is 01-0143485.
- Is PORTLAND YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1967.
- Are donations to PORTLAND YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PORTLAND YACHT CLUB file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PORTLAND YACHT CLUB due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PORTLAND YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PORTLAND YACHT CLUB?
- The 990 for the year ended December 31, 2025 names ANDREW SAWYER.
- Who are the officers and directors of PORTLAND YACHT CLUB?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does PORTLAND YACHT CLUB have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $14,028, expenses of $140,188 and total assets of $1,614,863 at year end.
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