Nonprofit · EIN 05-0254070
NEWPORT YACHT CLUB INC
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,499,092 | $1,296,446 | $202,646 | $2,659,684 | $202,842 | $2,456,842 |
| December 31, 2024 | 990 | $1,522,754 | $1,331,650 | $191,104 | $2,424,647 | $186,564 | $2,238,083 |
| December 31, 2023 | 990 | $1,484,448 | $1,246,366 | $238,082 | $2,268,312 | $240,900 | $2,027,412 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $10,016
- Program service revenue
- $1,480,464
- Investment income
- $42,656
- Net gain from sales of assets
- $97
- Net income from sales of inventory
- -$34,044
- Other revenue
- -$34,044
Expenses
- Grants and similar amounts paid
- $5,600
- Other salaries and wages
- $551,020
- Salaries, compensation and benefits (total)
- $624,331
- Professional fundraising fees
- $0
- Legal fees
- $1,440
- Accounting fees
- $10,385
- Occupancy
- $191,326
- Depreciation
- $110,409
Balance sheet and other
- Total assets, start of year
- $2,424,647
- Total assets, end of year
- $2,659,684
- Total liabilities, end of year
- $202,842
- Net assets, end of year
- $2,456,842
- Land, buildings and equipment
- $1,449,029
- Publicly traded securities
- $551,419
- Net assets without donor restrictions
- $2,368,541
- Net assets with donor restrictions
- $88,301
- Gross unrelated business income
- $151,136
- Gross receipts
- $2,198,137
- Employees
- 40
- Volunteers
- 100
- Year formed
- 1894
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN RENFREW | REGATTA CHAIR thru Oct. Trustee or director | 5 | $0 |
| STEVE WHITE | REGATTA CHAIR start Oct. Trustee or director | 5 | $0 |
| SCOTT WALKER | MEMBERSHIP CHAIR Trustee or director | 5 | $0 |
| STEVE PARKS | FLOAT & DOCK CHAIR Trustee or director | 10 | $0 |
| LAURA DARGAN | ENTERTAINMENT CHAIR thru Oct. Trustee or director | 2 | $0 |
| NANCY HARLEY | ENTERTAINMENT CHAIR start Oct. Trustee or director | 2 | $0 |
| MARK MAROSITS | COMMUNICATIONS CHAIR thru Oct. Trustee or director | 2 | $0 |
| SARA MARIANI | COMMUNICATIONS CHAIR start Oct. Trustee or director | 2 | $0 |
| JANET BOTTLIGEIRI | FINANCE COMM. CHAIR Trustee or director | 5 | $0 |
| AL SGAMBATO | JR. ACTIVITIES CHAIR Trustee or director | 5 | $0 |
| ROY GUAY | OFFSHORE COMMITTEE CHAIR Trustee or director | 5 | $0 |
| BEA GRIMMITT | FROSTBITE COMMITTEE CHAIR Trustee or director | 5 | $0 |
| KELSY PATNAUDE | YOUNG ADULTS CHAIR thru Oct. Trustee or director | 1 | $0 |
| KURT SCHLICHTING | HOUSE COMMITTEE CHAIR Trustee or director | 2 | $0 |
| LAURA DARGAN | MEMBER AT LARGE | 2 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE DAMAS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| PETER JENCKS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| TOM ROBINSON | MEMBER AT LARGE Trustee or director | 2 | $0 |
| FJ RITT | COMMODORE Trustee or director, Officer | 5 | $0 |
| KYLE LEPLEY | VICE COMMODORE Trustee or director, Officer | 5 | $0 |
| LEW ABRAMSON | REAR COMMODORE Trustee or director, Officer | 5 | $0 |
| JIM HOUSTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| MORGAN EVERSON | TREASURER Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2024: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN RENFREW | REGATTA CHAIR thru Oct. Trustee or director | 5 | $0 |
| STEVE WHITE | REGATTA CHAIR start Oct. Trustee or director | 5 | $0 |
| SCOTT WALKER | MEMBERSHIP CHAIR Trustee or director | 5 | $0 |
| ANDY VOURAS | FLOAT & DOCK CHAIR thru Oct. Trustee or director | 10 | $0 |
| STEVE PARKS | FLOAT & DOCK CHAIR start Oct. Trustee or director | 10 | $0 |
| LAURA DARGAN | ENTERTAINMENT CHAIR thru Oct. Trustee or director | 2 | $0 |
| PAM GRANT | ENTERTAINMENT CHAIR start Oct. Trustee or director | 2 | $0 |
| MARK MAROSITS | COMMUNICATIONS CHAIR Trustee or director | 2 | $0 |
| JANET BOTTLIGEIRI | FINANCE COMM. CHAIR Trustee or director | 5 | $0 |
| MIKE BARSZCZ | JR. ACTIVITIES CHAIR thru Oct. Trustee or director | 5 | $0 |
| AL SGAMBATO | JR. ACTIVITIES CHAIR start Oct. Trustee or director | 5 | $0 |
| ROY GUAY | OFFSHORE COMMITTEE CHAIR Trustee or director | 5 | $0 |
| BEA GRIMMITT | FROSTBITE COMMITTEE CHAIR Trustee or director | 5 | $0 |
| KELSY PATNAUDE | YOUNG ADULTS CHAIR Trustee or director | 1 | $0 |
| KURT SCHLICHTING | HOUSE COMMITTEE CHAIR Trustee or director | 2 | $0 |
| STEVE DAMAS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| PETER JENCKS | MEMBER AT LARGE Trustee or director, Key employee | 2 | $0 |
| ROGER HEMOND | MEMBER AT LARGE thru Oct. Trustee or director | 10 | $0 |
| LAURA DARGAN | MEMBER AT LARGE start Oct. | – | $0 |
| TOM ROBINSON | MEMBER AT LARGE Trustee or director | 2 | $0 |
| ROBERT ANTIGNANO | COMMODORE thru Oct. Trustee or director, Officer | 5 | $0 |
| FJ RITT | COMMODORE start Oct. Trustee or director, Officer | 5 | $0 |
| KYLE LEPLEY | VICE COMMODORE start Oct. Trustee or director, Officer | 5 | $0 |
| CHRIS LONG | REAR COMMODORE thru Oct. Trustee or director, Officer | 5 | $0 |
| LEW ABRAMSON | REAR COMMODORE start Oct. Trustee or director, Officer | 5 | $0 |
| EDITH MORIN | SECRETARY thru Oct. Trustee or director, Officer | 1 | $0 |
| JIM HOUSTON | SECRETARY start Oct. Trustee or director, Officer | 1 | $0 |
| MORGAN EVERSON | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN RENFREW | REGATTA CHAIR Trustee or director | 5 | $0 |
| SCOTT WALKER | MEMBERSHIP CHAIR Trustee or director | 5 | $0 |
| JEFF BLAIS | FORMER MEMBERSHIP CHAIR Trustee or director | 5 | $0 |
| ANDY VOURAS | FLOAT & DOCK CHAIR Trustee or director | 10 | $0 |
| LAURA DARGAN | ENTERTAINMENT COMM. CHAIR Trustee or director | 2 | $0 |
| MARK MAROSITS | COMMUNICATIONS CHAIR Trustee or director | 2 | $0 |
| LARRY GIROUARD | FINANCE COMM. CHAIR Trustee or director | 5 | $0 |
| MIKE BARSZCZ | JR. ACTIVITIES COMM. CHAIR Trustee or director | 5 | $0 |
| ROY GUAY | OFFSHORE COMMITTEE CHAIR Trustee or director | 5 | $0 |
| BEA GRIMMITT | FROSTBITE COMMITTEE CHAIR Trustee or director | 5 | $0 |
| KELSY PATNAUDE | YOUNG ADULTS CHAIR Trustee or director | 1 | $0 |
| PETER JENCKS | FORMER HOUSE COMMITTEE CHAIR Trustee or director | 2 | $0 |
| KURT SCHLICHTING | HOUSE COMMITTEE CHAIR Trustee or director | 2 | $0 |
| ED LUPO | FORMER MEMBER AT LARGE Trustee or director | 2 | $0 |
| DENNIS FERREIRA | FORMER MEMBER AT LARGE Trustee or director | 10 | $0 |
| DICK BOWMAN | FORMER MEMBER AT LARGE Trustee or director | 2 | $0 |
| STEVE DAMAS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| JACK ELLIS | FORMER MEMBER AT LARGE Trustee or director | 2 | $0 |
| PETER JENCKS | MEMBER AT LARGE, FORMER HOUSE COMMITTEE CHAIR Trustee or director | 2 | $0 |
| ROGER HEMOND | MEMBER AT LARGE Trustee or director | 10 | $0 |
| TOM ROBINSON | MEMBER AT LARGE Trustee or director | 2 | $0 |
| ROBERT ANTIGNANO | COMMODORE Trustee or director, Officer | 5 | $0 |
| FJ RITT | VICE COMMODORE, FORMER REGATTA CHAIR Trustee or director, Officer | 5 | $0 |
| STEVE DOLAN | FORMER VICE COMMODORE Trustee or director, Officer | 5 | $0 |
| CHRIS LONG | REAR COMMODORE Trustee or director, Officer | 5 | $0 |
| EDITH MORIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRUCE LONG | FORMER TREASURER Trustee or director, Officer | 2 | $0 |
| MORGAN EVERSON | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 110 LONG WHARF, NEWPORT, RI 02840-2407
- Principal officer (990 for 2025)
- FJ RITT COMMODORE, 110 LONG WHARF, NEWPORT, RI 02840
- Signed the 990
- MORGAN EVERSON, TREASURER
- Phone
- (401) 846-9410
- Website
- WWW.NEWPORTYACHTCLUB.ORG
- Return prepared by
- CALIRI MANCINI & BARBIERI PC
Mission
NEWPORT YACHT CLUB IS A MEMBER ORGANIZATION THAT PROVIDES ITS MEMBERS VARIOUS SERVICES RELATED TO YACHTING ACTIVITIES WITH THE OBJECTIVE OF ENCOURAGING YACHTING IN AND AROUND NEWPORT.
Program accomplishments
- FLOAT & DOCK COMMITTEE: FLOAT & DOCK MAINTENANCE FOR MEMBERS AND VISITING YACHTSMEN.
- HOUSE COMMITTEE: MAINTENANCE & UPKEEP OF CLUBHOUSE FACILITIES FOR USE BY MEMBERS AND VISITING YACHTSMEN.
- JUNIOR ACTIVITIES: SAIL TRAINING AND ACTIVITIES FOR YOUTH.
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 | 990 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
- 05-0254070
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,659,684
- Income (IRS master file)
- $2,198,137
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,499,092 | $1,296,446 | $2,659,684 | XML |
| 990 | December 2024 | $1,522,754 | $1,331,650 | $2,424,647 | XML |
| 990 | December 2023 | $1,484,448 | $1,246,366 | $2,268,312 | XML |
| 990 | December 2022 | $1,275,092 | $1,202,055 | $2,035,634 | 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 05-0254070).
Questions about NEWPORT YACHT CLUB INC
- What is the EIN of NEWPORT YACHT CLUB INC?
- The employer identification number (EIN) of NEWPORT YACHT CLUB INC is 05-0254070.
- Is NEWPORT YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1973.
- Are donations to NEWPORT YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEWPORT 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 NEWPORT YACHT CLUB INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEWPORT YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEWPORT YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names FJ RITT COMMODORE.
- Who are the officers and directors of NEWPORT YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does NEWPORT YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,499,092, expenses of $1,296,446 and total assets of $2,659,684 at year end.
Other nonprofits in NEWPORT
- NEWPORT HOSPITAL EIN 05-0258914 · last filed 990 for 2025
- SALVE REGINA UNIVERSITY EIN 05-0259080 · last filed 990 for 2025
- PRESERVATION SOCIETY OF NEWPORT COUNTY EIN 05-0252708 · last filed 990 for 2025
- VAN BEUREN CHARITABLE FOUNDATION INC EIN 22-2773769 · last filed 990-PF for 2024
- INTERNATIONAL TENNIS HALL OF FAME INCORPORATED EIN 13-6144356 · last filed 990 for 2024
- NEWPORT HOSPITAL FOUNDATION INC EIN 22-2535533 · last filed 990 for 2025
- SPOUTING ROCK BEACH ASSOCIATION EIN 05-0221400 · last filed 990 for 2024
- MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED EIN 05-0271882 · last filed 990 for 2026