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Nonprofit · EIN 01-0273431

CENTERBOARD YACHT CLUB

Tax-exempt · S PORTLAND, ME 04116

Financials

$204K$158K2019$220K$191K2020$217K$204K2022$215K$201K2023$245K$231K2024
Revenue Expenses · by fiscal year end
Financials of CENTERBOARD YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$245,238$231,358$13,880$1,674,826$310,874$1,363,952
October 31, 2024990$214,543$200,669$13,874$1,683,012$332,940$1,350,072
October 31, 2023990$217,142$204,120$13,022$1,693,854$357,656$1,336,198
October 31, 2021990$220,279$191,118$29,161$1,722,630$398,382$1,324,248
October 31, 2020990$203,938$157,949$45,989$1,712,266$417,179$1,295,087
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$243,467
Membership dues
$243,467
Program service revenue
$1,597
Investment income
$174
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$36,071
Salaries, compensation and benefits (total)
$36,071
Professional fundraising fees
$0
Legal fees
$816
Accounting fees
$1,100
Occupancy
$11,196
Depreciation
$23,818
Program services (functional)
$220,682
Management and general (functional)
$10,676

Balance sheet and other

Total assets, start of year
$1,683,012
Total assets, end of year
$1,674,826
Total liabilities, end of year
$310,874
Net assets, end of year
$1,363,952
Land, buildings and equipment
$1,448,966
Net assets without donor restrictions
$108,691
Net assets with donor restrictions
$1,255,261
Gross receipts
$245,238
Employees
9
Volunteers
80
Year formed
1937
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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Erik JorgensenCommodore
Trustee or director, Officer
10$0
Gretchen HendersonVice Commodore
Trustee or director, Officer
10$0
Richard CurrySecretary
Trustee or director, Officer
10$0
Charles DonahueTreasurer
Trustee or director, Officer
10$0
Sue RoseRear Commodore
Trustee or director, Officer
5$0
Brad CiechomskiTrustee
Trustee or director
5$0
Steve HinittTrustee
Trustee or director
5$0
Karen FreamTrustee
Trustee or director
5$0
Patrice CalkinTrustee
Trustee or director
5$0
William HooperTrustee
Trustee or director
5$0
Henry CormierTrustee
Trustee or director
5$0
Eliza RauscherTrustee
Trustee or director
5$0
990 for the year ended October 31, 2024: 12 people
NameTitleHours / weekCompensation
Karen FreamCommodore
Trustee or director, Officer
10$0
Erik JorgensenVice Commodore
Trustee or director, Officer
10$0
Richard CurrySecretary
Trustee or director, Officer
10$0
Charles DonahueTreasurer
Trustee or director, Officer
10$0
Gretchen HendersonRear Commodore
Trustee or director, Officer
5$0
Brad CiechomskiTrustee
Trustee or director
5$0
Steve HinittTrustee
Trustee or director
5$0
Marshall PillsburyTrustee
Trustee or director
5$0
Chip GavinTrustee
Trustee or director
5$0
Peter OcampoTrustee
Trustee or director
5$0
Henry CormierTrustee
Trustee or director
5$0
Eliza RauscherTrustee
Trustee or director
5$0
990 for the year ended October 31, 2023: 11 people
NameTitleHours / weekCompensation
Marshall PillsburyCommodore
Trustee or director, Officer
10$0
Karen FreamVice Commodore
Trustee or director, Officer
10$0
Dick CurrySecretary
Trustee or director, Officer
10$0
Charles DonahueTreasurer
Trustee or director, Officer
10$0
Erik JorgensenRear Commodore
Trustee or director, Officer
5$0
Brad CiechomskiTrustee
Trustee or director
5$0
Steve HinittTrustee
Trustee or director
5$0
Rick FoleyTrustee
Trustee or director
5$0
Chip GavinTrustee
Trustee or director
5$0
Peter OcampoTrustee
Trustee or director
5$0
Steve PurdyTrustee
Trustee or director
5$0
990 for the year ended October 31, 2021: 11 people
NameTitleHours / weekCompensation
Scott CalkinCommodore
Trustee or director, Officer
10$0
Eben RoseVice Commodore
Trustee or director, Officer
10$0
Dick CurrySecretary
Trustee or director
10$0
Wickes RossiterTreasurer
Trustee or director
10$0
Marshall PhillsburyRear Commodore
Trustee or director
5$0
Gary BlenkhornTrustee
Trustee or director
5$0
Eileen HetrickTrustee
Trustee or director
5$0
Rick FoleyTrustee
Trustee or director
5$0
Courtney BabyakTrustee
Trustee or director
5$0
John SextonTrustee
Trustee or director
5$0
Steve PurdyTrustee
Trustee or director
5$0
990 for the year ended October 31, 2020: 11 people
NameTitleHours / weekCompensation
Scott CalkinCommodore
Trustee or director, Officer
10$0
Eben RoseVice Commodore
Trustee or director, Officer
10$0
Dick CurrySecretary
Trustee or director
10$0
Wickes RossiterTreasurer
Trustee or director
10$0
Marshall PhillsburyRear Commodore
Trustee or director
5$0
Gary BlenkhornTrustee
Trustee or director
5$0
Eileen HetrickTrustee
Trustee or director
5$0
Rick FoleyTrustee
Trustee or director
5$0
Courtney BabyakTrustee
Trustee or director
5$0
John SextonTrustee
Trustee or director
5$0
Steve PurdyTrustee
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 2123, S PORTLAND, ME 04116-2123
Principal officer (990 for 2024)
Charles Donahue, 29 Richards St, South Portland, ME 04106
Signed the 990
Tom Biegel, Treasurer
Phone
(207) 799-8192
Return prepared by
The Tax & Accounting Services Company PA

Mission

The object of this club shall be to encourage the sport of yachting, to promote the science of seamanship, navigation, and small boat handling, to maintain a suitable Clubhouse.

990 for the year ended October 31, 2025

Program accomplishments

  • The Club promoted yachting and seamanship and maintained and provided facilities and anchorage for its members and guests.

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file

IRS record

EIN
01-0273431
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1965
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,674,826
Income (IRS master file)
$245,238

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$245,238$231,358$1,674,826XML
990October 2024$214,543$200,669$1,683,012XML
990October 2023$217,142$204,120$1,693,854XML
990October 2022$215,605$216,677$1,702,808IRS
990October 2021$220,279$191,118$1,722,630XML
990October 2020$203,938$157,949$1,712,266XML

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 01-0273431).

Questions about CENTERBOARD YACHT CLUB

What is the EIN of CENTERBOARD YACHT CLUB?
The employer identification number (EIN) of CENTERBOARD YACHT CLUB is 01-0273431.
Is CENTERBOARD YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1965.
Are donations to CENTERBOARD YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTERBOARD 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 CENTERBOARD YACHT CLUB due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTERBOARD YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of CENTERBOARD YACHT CLUB?
The 990 for the year ended October 31, 2025 names Charles Donahue.
Who are the officers and directors of CENTERBOARD YACHT CLUB?
The 990 for the year ended October 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does CENTERBOARD YACHT CLUB have?
On its 990 for the year ended October 31, 2025 it reported revenue of $245,238, expenses of $231,358 and total assets of $1,674,826 at year end.

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