Nonprofit · EIN 04-6056456
MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC
Tax-exempt · PEABODY, MA 01960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $47,692 | $51,342 | -$3,650 | $4,165 | – | $4,165 |
| December 31, 2023 | 990-EZ | $49,265 | $50,559 | -$1,294 | $7,813 | – | $7,813 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Membership dues
- $47,692
Expenses
- Grants and similar amounts paid
- $1,000
- Compensation of officers, directors and key employees
- $3,500
- Professional fees and payments to contractors
- $3,700
- Printing, publications and postage
- $16,530
- Other expenses
- $30,112
- Program services (functional)
- $50,342
Balance sheet and other
- Total assets, start of year
- $7,813
- Total assets, end of year
- $4,165
- Total liabilities, end of year
- –
- Net assets, end of year
- $4,165
- Cash, savings and investments
- $3,371
- Gross receipts
- $47,692
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 |
|---|---|---|---|
| Cheryl Chisholm | Clerk | 25 | $3,000 |
| Edward Chisholm | Teasurer | 15 | $500 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phil Greenstein | Commodore | 5 | $0 |
| Carolyn Bargoot | Vice Commodore | 5 | $0 |
| Cheryl Chrisholm | Secretary | 10 | $0 |
| Edward Chisholm | Treasurer | 8 | $0 |
| Peter Gilson | Director | 5 | $0 |
| Russell Hoy | Director | 5 | $0 |
| Peter Caten | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 33 CATHERINE DR, PEABODY, MA 01960-3336
- Signed the 990-EZ
- Edward Chisholm, Treasurer
- Phone
- (978) 839-3077
- Website
- mbyca.org
- Return prepared by
- M Stanley Metz and Co Inc
Mission
To educate its members
Program accomplishments
- Education of its members and prduction of annual yearbook educationalExpenses $50,342 · grants $1,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 04-6056456
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $4,165
- Income (IRS master file)
- $47,692
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $47,692 | $51,342 | $4,165 | IRS |
| 990-EZ | December 2023 | $49,265 | $50,559 | $7,813 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 04-6056456).
Questions about MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC
- What is the EIN of MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC?
- The employer identification number (EIN) of MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC is 04-6056456.
- Is MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
- Are donations to MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION 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 MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC 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 MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $3,000 (Cheryl Chisholm, Clerk).
- How much revenue does MASSACHUSETTS BOATING & YACHT CLUB ASSOCIATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $47,692, expenses of $51,342 and total assets of $4,165 at year end.
Other nonprofits in PEABODY
- BRIDGEWELL INCORPORATED EIN 04-2296940 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF METRO NORTH INC EIN 04-2105883 · last filed 990 for 2025
- MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND EIN 22-2618894 · last filed 990 for 2025
- JEWISH REHABILITATION CENTER FOR AGED OF THE NORTH SHORE INC EIN 04-2106768 · last filed 990 for 2024
- NORTH SHORE COMMUNITY ACTION PROGRAMS INC EIN 04-2385280 · last filed 990 for 2025
- CHELSEA JEWISH LIFECARE INC EIN 51-0141617 · last filed 990 for 2024
- CHELSEA JEWISH NORTH SHORE ASSISTED LIVING INC EIN 04-3274643 · last filed 990 for 2024
- COVENANT CHRISTIAN ACADEMY INC EIN 04-3170101 · last filed 990 for 2025