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Nonprofit · EIN 04-1442570

HINGHAM YACHT CLUB

Tax-exempt · HINGHAM, MA 02043

Financials

$2.1M$1.6M2023$2.1M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of HINGHAM YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$2,140,343$1,711,789$428,554$3,238,172$57,318$3,180,854
October 31, 2024990$2,072,330$1,573,093$499,237$2,834,552$82,252$2,752,300
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,125,869
Investment income
$7,804
Net gain from sales of assets
$139
Other revenue
$6,670

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$472,357
Salaries, compensation and benefits (total)
$569,794
Professional fundraising fees
$0
Legal fees
$2,022
Accounting fees
$56,500
Occupancy
$179,110
Depreciation
$192,151
Program services (functional)
$1,558,127
Management and general (functional)
$153,662

Balance sheet and other

Total assets, start of year
$2,834,552
Total assets, end of year
$3,238,172
Total liabilities, end of year
$57,318
Net assets, end of year
$3,180,854
Land, buildings and equipment
$2,467,503
Net assets without donor restrictions
$3,180,854
Gross receipts
$2,140,343
Employees
68
Year formed
1895
State of legal domicile
MA

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 / weekCompensationOther / benefits
Jacob P BraleyChief Steward
Key employee
40$112,420$6,681
Tricia ConnerlyFleet Captain
Trustee or director
0$0$0
Michael NiachosAssistant Treasurer
Trustee or director
1$0$0
Orhan C GazelleChair - House Committee
Trustee or director
1$0$0
David S NelsonChair - Race Committee
Trustee or director
1$0$0
Elizabeth BunsteinChair - Entertainment
Trustee or director
1$0$0
Andrew R HindsChair - Float and Dock
Trustee or director
1$0$0
Laura D WeibleyChair - Jr Activities
Trustee or director
1$0$0
Jennifer Gay SmithMember at Large
Trustee or director
1$0$0
Allison KoskinasRear Commodore & Director
Trustee or director, Officer
1$0$0
Edward MorrisVice Commodore & Director
Trustee or director, Officer
1$0$0
William TollefsonClerk Secretary
Trustee or director, Officer
1$0$0
Daniel WhitePresident & Commodore
Trustee or director, Officer
1$0$0
Allison SmythTreasurer
Trustee or director, Officer
1$0$0
990 for the year ended October 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
Jacob P BraleyChief Steward
Key employee
40$116,879$7,033
Laura WeibleyChairman Junior Activities
Trustee or director
1$0$0
Orhan GazelleChairman Float and Dock Commi
Trustee or director
1$0$0
David NelsonCo-Chairman Race Committee
Trustee or director
1$0$0
Todd AckermanChairman House Committee
Trustee or director
1$0$0
Barbara FroioEntertainment Committee
Trustee or director
1$0$0
Marc HambleyFleet Captain
Trustee or director
1$0$0
William Collins IIICo-Chairman Race Committee
Trustee or director
1$0$0
Rindy HesselmanMember at Large
Trustee or director
1$0$0
Conrad LangenhagenPresident Commodore & Directo
Trustee or director, Officer
1$0$0
Allison SmythTreasurer
Trustee or director, Officer
1$0$0
Edward MorrisRear Commodore & Director
Trustee or director, Officer
1$0$0
Tricia ConnerlySecretary
Trustee or director, Officer
1$0$0
William TollefsenAssistant Treaurer
Trustee or director, Officer
1$0$0
Daniel WhiteVice Commodore & Director
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 165, HINGHAM, MA 02043-0165
In care of
% ALLISON SMYTH
Signed the 990
ALLISON SMYTH, Treasurer
Phone
(781) 749-3806
Return prepared by
Melissa Gilroy CPA

Mission

The club operates seasonally with a variety of social and recreational events for its members and is committed to the development of boating skills and water safety instruction for junior members.

990 for the year ended October 31, 2025

Program accomplishments

  • TO provide a yacht club facility and promote safety awareness, knowledge and skill in power boating and sailing activities among a membership of approximately 430 families in the Hingham MA area.
    Expenses $1,558,127

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
04-1442570
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1949
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,238,172
Income (IRS master file)
$2,140,343

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$2,140,343$1,711,789$3,238,172XML
990October 2024$2,072,330$1,573,093$2,834,552XML
990October 2023$1,634,506$1,612,696$2,768,140IRS
990October 2022–––IRS
990October 2021–––IRS
990October 2019–––IRS
990October 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 04-1442570).

Questions about HINGHAM YACHT CLUB

What is the EIN of HINGHAM YACHT CLUB?
The employer identification number (EIN) of HINGHAM YACHT CLUB is 04-1442570.
Is HINGHAM YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1949.
Are donations to HINGHAM YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HINGHAM 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 HINGHAM 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 HINGHAM 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 are the officers and directors of HINGHAM YACHT CLUB?
The 990 for the year ended October 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $112,420 (Jacob P Braley, Chief Steward).
How much revenue does HINGHAM YACHT CLUB have?
On its 990 for the year ended October 31, 2025 it reported revenue of $2,140,343, expenses of $1,711,789 and total assets of $3,238,172 at year end.

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