Nonprofit · EIN 04-2585359
QUANNAPOWITT YACHT CLUB
Tax-exempt · WAKEFIELD, MA 01880
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $99,464 | $87,522 | $11,942 | $63,288 | $0 | $63,288 |
| December 31, 2023 | 990-EZ | $78,124 | $83,478 | -$5,354 | $51,346 | $0 | $51,346 |
| December 31, 2022 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM SQUADRITO | COMMODORE | 5 | $0 |
| ADAM CHASE | VICE COMMODORE | 5 | $0 |
| JENN HICKEY | REAR COMMODORE | 5 | $0 |
| SCOTT MCCARTHY | TREASURER | 5 | $0 |
| JOSEPH BOYD | SECRETARY | 5 | $0 |
| BRIAN WILSON | TRUSTEE | 2 | $0 |
| AMY BURD | TRUSTEE | 2 | $0 |
| ALEXEY SEMENYUKI | TRUSTEE | 2 | $0 |
| STEVE GIARDINI | TRUSTEE | 2 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM SQUADRITO | COMMODORE | 5 | $0 |
| MIKE GONTHIER | VICE COMMODORE | 5 | $0 |
| HOLLY LANNEN | REAR COMMODORE | 5 | $0 |
| SCOTT MCCARTHY | TREASURER | 5 | $0 |
| JENN HICKEY | SECRETARY | 5 | $0 |
| BRIAN WILSON | DIRECTOR | 2 | $0 |
| AMY BURD | DIRECTOR | 2 | $0 |
| GAYLE GLEICHAUF | DIRECTOR | 2 | $0 |
| ADAM CHASE | DIRECTOR | 2 | $0 |
990-EZ for the year ended December 31, 2022: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS HICKEY | COMMODORE | 5 | $0 |
| JIM SQUADRITO | VICE COMMODORE | 5 | $0 |
| MIKE GONTHIER | REAR COMMODORE | 5 | $0 |
| JACK BEUSMANS | TREASURER | 5 | $0 |
| DANA BURD | SECRETARY | 5 | $0 |
| BRIAN WILSON | DIRECTOR | 2 | $0 |
| HOLLY LANNEN | DIRECTOR | 2 | $0 |
| CARL ANDREWS | DIRECTOR | 2 | $0 |
| MARK WEBSTER | DIRECTOR | 2 | $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
- Website
- WWW.SAILQYC.COM
- Return prepared by
- JOSEPH J BOYD CPA MBA
Mission
MEMBER SUPPORTED COMMUNITY SAILING PROGR
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $99,464 | $87,522 | $63,288 | XML |
| 990-EZ | December 2023 | $78,124 | $83,478 | $51,346 | XML |
| 990-EZ | December 2022 | $61,857 | $64,246 | $56,700 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 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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