Nonprofit · EIN 05-0123595
CONANICUT YACHT CLUB
Tax-exempt · JAMESTOWN, RI 02835
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,420,279 | $2,252,187 | $168,092 | $3,434,373 | $1,503,895 | $1,930,478 |
| December 31, 2023 | 990 | $2,219,038 | $2,090,231 | $128,807 | $2,645,765 | $883,379 | $1,762,386 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,693,843
- Investment income
- $17,453
- Net rental income
- $42,528
- Net income from sales of inventory
- $666,455
- Other revenue
- $708,983
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,113,290
- Salaries, compensation and benefits (total)
- $1,264,135
- Professional fundraising fees
- $0
- Accounting fees
- $20,100
- Occupancy
- $109,610
- Depreciation
- $161,954
Balance sheet and other
- Total assets, start of year
- $2,645,765
- Total assets, end of year
- $3,434,373
- Total liabilities, end of year
- $1,503,895
- Net assets, end of year
- $1,930,478
- Land, buildings and equipment
- $2,188,225
- Net assets without donor restrictions
- $1,930,478
- Gross unrelated business income
- $214,162
- Gross receipts
- $2,671,957
- Employees
- 85
- Volunteers
- 15
- Year formed
- 1950
- State of legal domicile
- RI
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 | Other / benefits |
|---|---|---|---|---|
| ENRICO COPPOLA | GENERAL MANAGER Highest-paid employee | 60 | $147,813 | $26,925 |
| BETSY MOODY | COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| SALLY SCHOTT | VICE COOMODORE Trustee or director, Officer | 2 | $0 | $0 |
| PATRICK MULDOON | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| SYLVIA MONTI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| FRED BURDITT | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| FRANK PENSA | FLEET SURGEON Trustee or director, Officer | 1 | $0 | $0 |
| PETER PARSONS | FLEET CAPTAIN Trustee or director, Officer | 1 | $0 | $0 |
| CLAY BODEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SERGIO LOPEZ-RUIZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VINCENT RIVERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TENLEY VAN DER WAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIMBERLY WESTCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NATALIE WRIGHT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAUL GRIMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYDIA SNYDER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ENRICO COPPOLA | CLUB MANAGER Highest-paid employee | 60 | $144,375 | $20,437 |
| ELIZABETH MOODY | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| SALLY SCHOTT | VICE COOMODORE Trustee or director, Officer | 2 | $0 | $0 |
| PATRICK MULDOON | REAR COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| SYLVIA MONTI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| FREDERIC BURDITT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FRANK PENSA MD | FLEET SURGEON Trustee or director, Officer | 1 | $0 | $0 |
| PETER PARSONS | FLEET CAPTAIN Trustee or director, Officer | 1 | $0 | $0 |
| TENLEY VAN DER WAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NATALIE WRIGHT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAUL GRIMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA SNYDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAY BODEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIMBERLY WESTCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VINCENT RIVERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SERGIO LOPEZ-RUIZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 257, JAMESTOWN, RI 02835-0257
- Principal officer (990 for 2024)
- FRED BURDITT, PO BOX 257, JAMESTOWN, RI 02835
- Signed the 990
- TOR HOLTAN, TREASURER
- Phone
- (401) 423-1424
- Website
- WWW.CONANICUTYACHTCLUB.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
THE CONANICUT YACHT CLUB IS A PRIVATE, NON-PROFIT SOCIAL CLUB. IT OFFERS A FULL-SERVICE RESTAURANT, A FACILITY FOR RACQUET SPORTS, AS WELL AS SAILING AND BOATING ACTIVITIES.
Program accomplishments
- TAX-EXEMPT ORGANIZATION.
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
- 05-0123595
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,434,373
- Income (IRS master file)
- $2,671,957
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,420,279 | $2,252,187 | $3,434,373 | XML |
| 990 | December 2023 | $2,219,038 | $2,090,231 | $2,645,765 | XML |
| 990 | December 2022 | $1,991,884 | $2,050,525 | $2,619,583 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 05-0123595).
Questions about CONANICUT YACHT CLUB
- What is the EIN of CONANICUT YACHT CLUB?
- The employer identification number (EIN) of CONANICUT YACHT CLUB is 05-0123595.
- Is CONANICUT YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
- Are donations to CONANICUT YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CONANICUT 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 CONANICUT 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 CONANICUT YACHT CLUB 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 CONANICUT YACHT CLUB?
- The 990 for the year ended December 31, 2024 names FRED BURDITT.
- Who are the officers and directors of CONANICUT YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $147,813 (ENRICO COPPOLA, GENERAL MANAGER).
- How much revenue does CONANICUT YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,420,279, expenses of $2,252,187 and total assets of $3,434,373 at year end.
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