Nonprofit · EIN 13-1701613
CITY ISLAND YACHT CLUB INC
Tax-exempt · BRONX, NY 10464
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $661,054 | $492,620 | $168,434 | $508,351 | $177,366 | $330,985 |
| December 31, 2023 | 990 | $715,940 | $744,482 | -$28,542 | $434,659 | $293,162 | $141,497 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $418,664
- Membership dues
- $418,664
- Program service revenue
- $242,390
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $99,981
- Salaries, compensation and benefits (total)
- $109,789
- Professional fundraising fees
- $0
- Accounting fees
- $6,000
- Occupancy
- $84,192
- Depreciation
- $4,044
Balance sheet and other
- Total assets, start of year
- $434,659
- Total assets, end of year
- $508,351
- Total liabilities, end of year
- $177,366
- Net assets, end of year
- $330,985
- Land, buildings and equipment
- $404,187
- Gross unrelated business income
- $15,315
- Gross receipts
- $661,054
- Employees
- 18
- Year formed
- 1907
- State of legal domicile
- NY
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 |
|---|---|---|---|
| GEORGE KEEBER | COMMODORE Trustee or director, Officer | 20 | $0 |
| JAMES DENNIS | VICE COMMODORE Trustee or director, Officer | 10 | $0 |
| JOE LIZARRAZO | REAR COMMODORE Trustee or director, Officer | 10 | $0 |
| JIM LYNCH | TREASURER Trustee or director, Officer | 20 | $0 |
| RICHARD BONOMO | SECRETARY Trustee or director, Officer | 10 | $0 |
| MERIMA NOKIC | MEMBER Trustee or director | 5 | $0 |
| BARIS OZTURK | MEMBER Trustee or director | 5 | $0 |
| BRETT MORASH | MEMBER Trustee or director | 5 | $0 |
| MATT MCDONOUGH | MEMBER Trustee or director | 5 | $0 |
| IRA BIGELEISEN | MEMBER Trustee or director | 5 | $0 |
| ROGER LANDAU | MEMBER Trustee or director | 5 | $0 |
| HILDINGUR MANHANTI | MEMBER Trustee or director | 5 | $0 |
| WALTER LAUFENBERG | JNR PREVIOUS CMDRE Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARIS OZTURK | MEMBER Trustee or director | 5 | $0 |
| BRETT MORASH | JNR PREVIOUS CMDRE Trustee or director | 5 | $0 |
| MATT MCDONOUGH | MEMBER Trustee or director | 5 | $0 |
| IRA BIGELEISEN | MEMBER Trustee or director | 5 | $0 |
| ROGER LANDAU | MEMBER Trustee or director | 5 | $0 |
| HILDINGUR MANHANTI | MEMBER Trustee or director | 5 | $0 |
| WALTER LAUFENBERG | JNR PREVIOUS CMDRE Trustee or director | 5 | $0 |
| MERIMA NOKIC | MEMBER Trustee or director | 5 | $0 |
| GEORGE KEEBER | COMMODORE Officer | 20 | $0 |
| JOE LIZARRAZO | REAR COMMODORE Officer | 10 | $0 |
| JIM DENNIS | VICE COMMODORE Officer | 10 | $0 |
| JIM LYNCH | TREASURER Officer | 20 | $0 |
| PETER KYRIAKOS | FINANCIAL SECRETARY Officer | 10 | $0 |
| RICHARD BONOMO | SECRETARY Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 63 PILOT ST, BRONX, NY 10464-1627
- Principal officer (990 for 2024)
- JAMES DENNIS, 63 PILOT STREET, CITY ISLAND, NY 10464
- Signed the 990
- JAMES DENNIS, COMMODORE
- Phone
- (718) 885-2487
- Website
- www.cityislandyc.org
- Return prepared by
- STEPHEN FRANCIOSA CPA
Mission
To provide on water recreation, boat storage facilities, boating and safety education, and to maintain a clubhouse that provides dining and social activities for the use and enjoyment of the membership.
Program accomplishments
- To provide on water recreation, boat storage facilities, boating and safety education, and to maintain a clubhouse that provides dining and social activities for the use and enjoyment of the membership.
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
- 13-1701613
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N51Z)
- Assets (IRS master file)
- $508,351
- Income (IRS master file)
- $661,054
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $661,054 | $492,620 | $508,351 | XML |
| 990 | December 2023 | $715,940 | $744,482 | $434,659 | XML |
| 990 | December 2022 | $440,250 | $523,679 | $421,967 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-1701613).
Questions about CITY ISLAND YACHT CLUB INC
- What is the EIN of CITY ISLAND YACHT CLUB INC?
- The employer identification number (EIN) of CITY ISLAND YACHT CLUB INC is 13-1701613.
- Is CITY ISLAND YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1945.
- Are donations to CITY ISLAND YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CITY ISLAND 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 CITY ISLAND 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 CITY ISLAND 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 CITY ISLAND YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 names JAMES DENNIS.
- Who are the officers and directors of CITY ISLAND YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does CITY ISLAND YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $661,054, expenses of $492,620 and total assets of $508,351 at year end.
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