Nonprofit · EIN 15-0270826
CLAYTON YACHT CLUB INC
Tax-exempt · CLAYTON, NY 13624
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $316,774 | $275,240 | $41,534 | $1,096,062 | $57,376 | $1,038,686 |
| December 31, 2024 | 990 | $309,684 | $297,500 | $12,184 | $1,068,921 | $71,769 | $997,152 |
| December 31, 2023 | 990 | $333,457 | $264,820 | $68,637 | $1,113,127 | $128,159 | $984,968 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $12,452
- Program service revenue
- $203,323
- Investment income
- $18
- Net income from sales of inventory
- $100,981
- Other revenue
- $100,981
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $90,686
- Salaries, compensation and benefits (total)
- $110,113
- Professional fundraising fees
- $0
- Accounting fees
- $10,605
- Occupancy
- $17,388
- Depreciation
- $46,723
- Program services (functional)
- $275,240
Balance sheet and other
- Total assets, start of year
- $1,068,921
- Total assets, end of year
- $1,096,062
- Total liabilities, end of year
- $57,376
- Net assets, end of year
- $1,038,686
- Land, buildings and equipment
- $1,032,578
- Net assets without donor restrictions
- $1,038,686
- Gross receipts
- $396,243
- Employees
- 24
- Year formed
- 1937
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN TAYLOR | BOARD MEMBER Trustee or director, Officer | 5 | $0 |
| ERIC GREGWARE | COMMODORE Trustee or director, Officer | 10 | $0 |
| BILL BONISTELL | VICE COMMODORE Trustee or director, Officer | 10 | $0 |
| GAILLARD SCHMIDT | TREASURER Trustee or director, Officer | 10 | $0 |
| GINA CLIFFORD | SECRETARY Trustee or director, Officer | 10 | $0 |
| LYNN LEONARD | BOARD MEMBER Trustee or director | 5 | $0 |
| ALISON INGALLS | BOARD MEMBER Trustee or director | 5 | $0 |
| JAMES COX | BOARD MEMBER Trustee or director | 5 | $0 |
| MIA RAMSEIER | REAR COMMODORE Trustee or director, Officer | 10 | $0 |
| KARL ASHLEY | BOARD MEMBER Trustee or director | 5 | $0 |
| TONY COSTANTINO | BOARD MEMBER Trustee or director | 5 | $0 |
| ROBERT BUTLER | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN LEONARD | BOARD MEMBER Trustee or director | 5 | $0 |
| DON METZ | BOARD MEMBER Trustee or director | 5 | $0 |
| BILL COSGROVE | BOARD MEMBER Trustee or director | 5 | $0 |
| MIA RAMSEIER | BOARD MEMBER Trustee or director | 5 | $0 |
| KARL ASHLEY | BOARD MEMBER Trustee or director | 5 | $0 |
| TONY COSTANTINO | BOARD MEMBER Trustee or director | 5 | $0 |
| JUSTIN TAYLOR | COMMODORE Officer | 10 | $0 |
| ERIC GREGWARE | VICE COMMODORE Officer | 10 | $0 |
| BILL BONISTELL | REAR COMMODORE Officer | 10 | $0 |
| GAILLARD SCHMIDT | TREASURER Officer | 10 | $0 |
| GINA CLIFFORD | SECRETARY Officer | 10 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNN LEONARD | BOARD MEMBER Trustee or director | 5 | $0 |
| DON METZ | BOARD MEMBER Trustee or director | 5 | $0 |
| BILL COSGROVE | BOARD MEMBER Trustee or director | 5 | $0 |
| MIKE PAETOW | BOARD MEMBER Trustee or director | 5 | $0 |
| KARL ASHLEY | BOARD MEMBER Trustee or director | 5 | $0 |
| GIL MACLEAN | BOARD MEMBER Trustee or director | 5 | $0 |
| TONY COSTANTINO | BOARD MEMBER Trustee or director | 5 | $0 |
| JUSTIN TAYLOR | COMMODORE Officer | 10 | $0 |
| ERIC GREGWARE | VICE COMMODORE Officer | 10 | $0 |
| BILL BONISTELL | REAR COMMODORE Officer | 10 | $0 |
| GAILLARD SCHMIDT | TREASURER Officer | 10 | $0 |
| GINA CLIFFORD | SECRETARY Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 268, CLAYTON, NY 13624-0268
- In care of
- % TREASURER
- Principal officer (990 for 2025)
- GAILLARD L SCHMIDT, 38305 MONTROIS LANE, CLAYTON, NY 13624
- Signed the 990
- GAILLARD L SCHMIDT, TREASURER
- Website
- WWW.CLAYTONYACHTCLUB.COM
- Return prepared by
- JESMORE & ASSOCIATES CPA
Mission
PRIVATE YACHT CLUB
Program accomplishments
- SEASONAL YACHT CLUB SERVING 175 MEMBER FAMILIES ALL ACTIVITES WERE FOR THE BENEFIT OF THOSE MEMBER FAMILIES AND THEIR GUESTSExpenses $275,240 · revenue $268,420
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
- 15-0270826
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $1,096,062
- Income (IRS master file)
- $396,243
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $316,774 | $275,240 | $1,096,062 | XML |
| 990 | December 2024 | $309,684 | $297,500 | $1,068,921 | IRS |
| 990 | December 2023 | $333,457 | $264,820 | $1,113,127 | XML |
| 990 | December 2022 | $331,172 | $199,614 | $1,031,894 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 15-0270826).
Questions about CLAYTON YACHT CLUB INC
- What is the EIN of CLAYTON YACHT CLUB INC?
- The employer identification number (EIN) of CLAYTON YACHT CLUB INC is 15-0270826.
- Is CLAYTON YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2002.
- Are donations to CLAYTON YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CLAYTON 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 CLAYTON 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 CLAYTON 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 CLAYTON YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names GAILLARD L SCHMIDT.
- Who are the officers and directors of CLAYTON YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does CLAYTON YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $316,774, expenses of $275,240 and total assets of $1,096,062 at year end.
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