Nonprofit · EIN 04-2731183
BRAINTREE YACHT CLUB INC
Tax-exempt · BRAINTREE, MA 02184
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $354,662 | $237,325 | $117,337 | $1,132,486 | $0 | $1,132,486 |
| December 31, 2023 | 990 | $343,608 | $227,523 | $116,085 | $1,015,149 | $0 | $1,015,149 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $296,458
- Membership dues
- $296,458
- Program service revenue
- $0
- Investment income
- $50,704
- Net rental income
- $7,500
- Other revenue
- $7,500
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $17,965
- Salaries, compensation and benefits (total)
- $21,210
- Professional fundraising fees
- $0
- Occupancy
- $54,803
Balance sheet and other
- Total assets, start of year
- $1,015,149
- Total assets, end of year
- $1,132,486
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,132,486
- Net assets without donor restrictions
- $1,132,486
- Gross receipts
- $354,662
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1942
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Walsh | Commodore Trustee or director, Officer | 10 | $0 |
| Thomas Hunt | Vice Commodore Trustee or director, Officer | 10 | $0 |
| Frank Kayaias | Rear Commodore Trustee or director, Officer | 10 | $0 |
| Paul Cavallaro | Treasurer Trustee or director, Officer | 15 | $0 |
| Michael Sampson | Secretary Trustee or director, Officer | 10 | $0 |
| John Wong | Director Trustee or director | 5 | $0 |
| Arthur Viglas | Director Trustee or director | 5 | $0 |
| John Mutch | Director Trustee or director | 5 | $0 |
| Ryan Daly | Director Trustee or director | 5 | $0 |
| Micheal Dillon | Director Trustee or director | 5 | $0 |
| David Dillon | Director Trustee or director | 5 | $0 |
| Frank Heran | Director Trustee or director | 5 | $0 |
| Paul Lewis | Director Trustee or director | 5 | $0 |
| Sean Murphy | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Dillon | Commodore Trustee or director, Officer | 10 | $0 |
| Michael Walsh | Vice Commodore Trustee or director, Officer | 10 | $0 |
| Thomas Hunt | Rear Commodore Trustee or director, Officer | 10 | $0 |
| Paul Cavallaro | Treasurer Trustee or director, Officer | 15 | $0 |
| Michael Sampson | Secretary Trustee or director, Officer | 10 | $0 |
| John Wong | Director Trustee or director | 5 | $0 |
| Arthur Viglas | Director Trustee or director | 5 | $0 |
| John Mutch | Director Trustee or director | 5 | $0 |
| Ryan Daly | Director Trustee or director | 5 | $0 |
| Ryan Kiff | Director Trustee or director | 5 | $0 |
| Ken Luoni | Director Trustee or director | 5 | $0 |
| Frank Heran | Director Trustee or director | 5 | $0 |
| Paul Lewis | Director Trustee or director | 5 | $0 |
| Robert Gustafson | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 9 GORDON RD, BRAINTREE, MA 02184-4411
- In care of
- % PAUL CAVALLARO
- Principal officer (990 for 2024)
- Paul Cavallaro, 9 GORDON RD, BRAINTREE, MA 021844411
- Signed the 990
- Paul Cavallaro, Treasurer
- Phone
- (781) 843-9730
Mission
To promote boating of every kind and to encourage all forms of boating and provide for the social advancement and entertainment of its members along with developing the physical well being sporting interest and boating education of its members.
Program accomplishments
- To promote boating of every kind and encourage all forms of boating and provide for the social advancement and entertainment of its members and maintaining a town of Braintree facility for the community and providing a sailing program for the town of Braintrees children.Expenses $237,325 · revenue $296,458
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2731183
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,132,486
- Income (IRS master file)
- $354,662
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $354,662 | $237,325 | $1,132,486 | IRS |
| 990 | December 2023 | $343,608 | $227,523 | $1,015,149 | XML |
| 990 | December 2022 | $306,542 | $240,307 | $899,064 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 04-2731183).
Questions about BRAINTREE YACHT CLUB INC
- What is the EIN of BRAINTREE YACHT CLUB INC?
- The employer identification number (EIN) of BRAINTREE YACHT CLUB INC is 04-2731183.
- Is BRAINTREE YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1988.
- Are donations to BRAINTREE YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BRAINTREE YACHT CLUB INC 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 BRAINTREE YACHT CLUB INC 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 BRAINTREE YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BRAINTREE YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 names Paul Cavallaro.
- Who are the officers and directors of BRAINTREE YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does BRAINTREE YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $354,662, expenses of $237,325 and total assets of $1,132,486 at year end.
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