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Nonprofit · EIN 04-2585359

QUANNAPOWITT YACHT CLUB

Tax-exempt · WAKEFIELD, MA 01880

Financials

$62K$64K2022$78K$83K2023$99K$88K2024
Revenue Expenses · by fiscal year end
Financials of QUANNAPOWITT YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$99,464$87,522$11,942$63,288$0$63,288
December 31, 2023990-EZ$78,124$83,478-$5,354$51,346$0$51,346
December 31, 2022990-EZ$61,857$64,246-$2,389$56,700$650$56,050
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$674
Membership dues
$47,876
Program service revenue
$50,345
Investment income
$569

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$21,729
Occupancy
$16,244
Other expenses
$49,549
Program services (functional)
$87,522

Balance sheet and other

Total assets, start of year
$51,346
Total assets, end of year
$63,288
Total liabilities, end of year
$0
Net assets, end of year
$63,288
Cash, savings and investments
$63,088
Gross receipts
$99,464

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JIM SQUADRITOCOMMODORE5$0
ADAM CHASEVICE COMMODORE5$0
JENN HICKEYREAR COMMODORE5$0
SCOTT MCCARTHYTREASURER5$0
JOSEPH BOYDSECRETARY5$0
BRIAN WILSONTRUSTEE2$0
AMY BURDTRUSTEE2$0
ALEXEY SEMENYUKITRUSTEE2$0
STEVE GIARDINITRUSTEE2$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JIM SQUADRITOCOMMODORE5$0
MIKE GONTHIERVICE COMMODORE5$0
HOLLY LANNENREAR COMMODORE5$0
SCOTT MCCARTHYTREASURER5$0
JENN HICKEYSECRETARY5$0
BRIAN WILSONDIRECTOR2$0
AMY BURDDIRECTOR2$0
GAYLE GLEICHAUFDIRECTOR2$0
ADAM CHASEDIRECTOR2$0
990-EZ for the year ended December 31, 2022: 9 people
NameTitleHours / weekCompensation
CHRIS HICKEYCOMMODORE5$0
JIM SQUADRITOVICE COMMODORE5$0
MIKE GONTHIERREAR COMMODORE5$0
JACK BEUSMANSTREASURER5$0
DANA BURDSECRETARY5$0
BRIAN WILSONDIRECTOR2$0
HOLLY LANNENDIRECTOR2$0
CARL ANDREWSDIRECTOR2$0
MARK WEBSTERDIRECTOR2$0

Address and contacts

Address (IRS master file)
PO BOX 1744, WAKEFIELD, MA 01880-5744
In care of
% SCOTT MCCARTHY
Signed the 990-EZ
SCOTT MCCARTHY, TREASURER
Phone
(781) 281-9772
Return prepared by
JOSEPH J BOYD CPA MBA

Mission

MEMBER SUPPORTED COMMUNITY SAILING PROGR

990-EZ for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY SAILING PROGRAM AND FACILITY INCLUDING SAILING, SAILBOAT RACING, AND SOCIAL EVENTS.
    Expenses $58,955
  • YOUTH AND ADULT SAILING AND BOATING SAFETY INSTRUCTION.
    Expenses $28,567

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
04-2585359
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$63,288
Income (IRS master file)
$99,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$99,464$87,522$63,288XML
990-EZDecember 2023$78,124$83,478$51,346XML
990-EZDecember 2022$61,857$64,246$56,700XML
990-EZDecember 2021–––IRS
990-EZDecember 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 04-2585359).

Questions about QUANNAPOWITT YACHT CLUB

What is the EIN of QUANNAPOWITT YACHT CLUB?
The employer identification number (EIN) of QUANNAPOWITT YACHT CLUB is 04-2585359.
Is QUANNAPOWITT YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1998.
Are donations to QUANNAPOWITT YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does QUANNAPOWITT 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 QUANNAPOWITT YACHT CLUB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did QUANNAPOWITT YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of QUANNAPOWITT YACHT CLUB?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does QUANNAPOWITT YACHT CLUB have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $99,464, expenses of $87,522 and total assets of $63,288 at year end.

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