Nonprofit · EIN 01-6027054
DOWN EAST YACHT CLUB
Tax-exempt · BOOTHBAY HBR, ME 04538
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-EZ | $78,518 | $67,121 | $11,397 | $93,484 | $954 | $92,530 |
| August 31, 2024 | 990-EZ | $61,778 | $62,177 | -$399 | $81,046 | – | $81,046 |
| August 31, 2023 | 990-EZ | $66,082 | $56,510 | $9,572 | $81,795 | – | $81,795 |
Financial details: 990-EZ for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $34,288
- Program service revenue
- $35,532
- Investment income
- $701
- Net gain from sales of assets
- $7,997
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $10,775
- Occupancy
- $540
- Printing, publications and postage
- $2,354
- Other expenses
- $53,452
- Program services (functional)
- $37,582
Balance sheet and other
- Total assets, start of year
- $81,046
- Total assets, end of year
- $93,484
- Total liabilities, end of year
- $954
- Net assets, end of year
- $92,530
- Cash, savings and investments
- $92,428
- Gross receipts
- $81,311
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-EZ for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Rugh | Past Commodore | 1 | $0 |
| Kristen King | Commodore | 1 | $0 |
| Robert Ewing | Vice Commodore | 1 | $0 |
| Steve Marin | Rear Commodore | 1 | $0 |
| Barb Gray | Director | 1 | $0 |
| Steve Whipple | Treasurer | 1 | $0 |
| Joe Blake | Director | 1 | $0 |
| Maggie Loheed | Director | 1 | $0 |
| Jay Hackett | Director | 1 | $0 |
| Sandy Young | Director | 1 | $0 |
| Jeff Banger | Director | 1 | $0 |
| Steve Arkley | Director | 1 | $0 |
| Nate Cagle | Director | 1 | $0 |
| Steve Crockett | Director | 1 | $0 |
990-EZ for the year ended August 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Rugh | Commodore | 1 | $0 |
| Kristen King | Vice Commodore | 1 | $0 |
| Robert Ewing | Rear Commodore | 1 | $0 |
| Jen Ross | Director | 1 | $0 |
| Suzanne Rugh | Secretary | 1 | $0 |
| Steve Whipple | Treasurer | 1 | $0 |
| Joe Blake | Director | 1 | $0 |
| Maggie Loheed | Director | 1 | $0 |
| Jay Hackett | Director | 1 | $0 |
| Sandy Young | Director | 1 | $0 |
| Jeff Banger | Director | 1 | $0 |
| Carole McCarthy | Director | 1 | $0 |
| John Ridlon | Director | 1 | $0 |
| Steve Crockett | Director | 1 | $0 |
990-EZ for the year ended August 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brent Pope | Commodore | 1 | $0 |
| Aaron Rugh | Vice Commodore | 1 | $0 |
| Kristen King | Rear Commodore | 1 | $0 |
| Jack Brennan | Past Treasurer | 1 | $0 |
| Susan Pope | Secretary | 1 | $0 |
| Steve Whipple | Treasurer | 1 | $0 |
| Jeanne Koenig | Director | 1 | $0 |
| Maggie Loheed | Director | 1 | $0 |
| Freeman Etheridge | Director | 1 | $0 |
| Win Russell | Director | 1 | $0 |
| Sandy Young | Director | 1 | $0 |
| George Hamilton | Director | 1 | $0 |
| Jeff Banger | Director | 1 | $0 |
| Carol McCarthy | Director | 1 | $0 |
| John Ridlon | Director | 1 | $0 |
| Steve Crockett | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 845, BOOTHBAY HBR, ME 04538-0845
- In care of
- % CRYSTAL CLARK
- Signed the 990-EZ
- Steve Whipple, Treasurer
- Phone
- (207) 633-1177
- Website
- www.downeastyachtclub.com
- Return prepared by
- Bowers CPA
Mission
To promote yachting in the Boothbay Harbor region of Maine by providing facilities, programs and good fellowship for its members.
Program accomplishments
- During the year, the club hosted social gatherings, outings cruises & yachting related events for its members to enjoy.Expenses $27,462
- During the year, the club provided docks and moorings for its members to enjoy.Expenses $10,120
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-EZ on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-EZ on file |
IRS record
- EIN
- 01-6027054
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $93,484
- Income (IRS master file)
- $81,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | August 2025 | $78,518 | $67,121 | $93,484 | IRS |
| 990-EZ | August 2024 | $61,778 | $62,177 | $81,046 | XML |
| 990-EZ | August 2023 | $66,082 | $56,510 | $81,795 | XML |
| 990-EZ | August 2022 | – | – | – | IRS |
| 990-EZ | August 2021 | – | – | – | IRS |
| 990-EZ | August 2020 | – | – | – | 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 01-6027054).
Questions about DOWN EAST YACHT CLUB
- What is the EIN of DOWN EAST YACHT CLUB?
- The employer identification number (EIN) of DOWN EAST YACHT CLUB is 01-6027054.
- Is DOWN EAST YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
- Are donations to DOWN EAST YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWN EAST 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 DOWN EAST YACHT CLUB due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWN EAST YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
- Who are the officers and directors of DOWN EAST YACHT CLUB?
- The 990-EZ for the year ended August 31, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does DOWN EAST YACHT CLUB have?
- On its 990-EZ for the year ended August 31, 2025 it reported revenue of $78,518, expenses of $67,121 and total assets of $93,484 at year end.
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