Nonprofit · EIN 21-0689839
MONMOUTH BOAT CLUB INC
Tax-exempt · RED BANK, NJ 07701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $365,149 | $251,820 | $113,329 | $1,093,029 | $3,264 | $1,089,765 |
| December 31, 2024 | 990 | $556,516 | $249,338 | $307,178 | $977,938 | $1,502 | $976,436 |
| December 31, 2023 | 990 | $337,609 | $274,582 | $63,027 | $670,783 | $1,525 | $669,258 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $233,183
- Membership dues
- $233,183
- Program service revenue
- $93,080
- Investment income
- $13,204
- Net rental income
- $25,596
- Net income from sales of inventory
- -$902
- Other revenue
- $25,682
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $78,600
- Salaries, compensation and benefits (total)
- $85,499
- Professional fundraising fees
- $0
- Legal fees
- $1,405
- Accounting fees
- $8,645
- Occupancy
- $16,498
- Depreciation
- $6,656
- Program services (functional)
- $237,740
- Management and general (functional)
- $14,080
Balance sheet and other
- Total assets, start of year
- $977,938
- Total assets, end of year
- $1,093,029
- Total liabilities, end of year
- $3,264
- Net assets, end of year
- $1,089,765
- Land, buildings and equipment
- $295,859
- Gross unrelated business income
- $13,290
- Gross receipts
- $424,633
- Employees
- 17
- Volunteers
- 23
- Year formed
- 1879
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| ANDREW ZANGLE | COMMODORE Trustee or director, Officer | 10 | $0 |
| BRIAN BUGBEE | VICE COMMODORE Trustee or director, Officer | 10 | $0 |
| RUSSELL GOLDMAN | TREASURER Trustee or director, Officer | 10 | $0 |
| ALAN GALE | SECRETARY Trustee or director, Officer | 10 | $0 |
| ROBERT LEWIS | FINANCIAL SECRETARY Trustee or director, Officer | 10 | $0 |
| GLORIA CHUNG | ASSIST FINANCIAL SECRETARY Trustee or director, Officer | 10 | $0 |
| TAUGH LYNCH | 1ST REAR RACE Trustee or director | 10 | $0 |
| DENNIS SCHMALTZ | 2ND REAR WAYS & MEANS Trustee or director | 10 | $0 |
| CAROL BLUNDA | 3RD REAR MEMBERSHIP BOARD MEMBER Trustee or director | 10 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW ZANGLE | COMMODORE Trustee or director, Officer | 10 | $0 |
| BRIAN BUGBEE | VICE COMMODORE Trustee or director, Officer | 10 | $0 |
| RUSSELL GOLDMAN | TREASURER Trustee or director, Officer | 10 | $0 |
| ALAN GALE | SECRETARY Trustee or director, Officer | 10 | $0 |
| JOSEPH CAHILL | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| ROBERT MARKOFF | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| LEIGH BUGBEE | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| JOHN GUNN | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| EILEEN NOCIOLO | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DALE BARNEY | COMMODORE Trustee or director, Officer | 10 | $0 |
| ANDY ZANGLE | VICE COMMODORE Trustee or director, Officer | 10 | $0 |
| DAVE OTTIGNON | TREASURER Trustee or director, Officer | 10 | $0 |
| ALAN GALE | RECORDING SECRETARY Trustee or director, Officer | 10 | $0 |
| TAUGH LYNCH | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| BRIAN BUGBEE | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| LES HATHAWAY | BOARD OF DIRECTORS Trustee or director | 10 | $0 |
| ROB LEWIS | FINANCIAL SECRETARY Trustee or director, Officer | 10 | $0 |
| DENNIS SCHMALTZ | ASSISTANT FINANCIAL SECRETARY Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 777, RED BANK, NJ 07701-0777
- Principal officer (990 for 2025)
- RUSSELL GOLDMAN, P O BOX 777, RED BANK, NJ 07701
- Signed the 990
- RUSSELL GOLDMAN, TREASURER
- Phone
- (732) 704-4670
- Website
- MONMOUTHBOATCLUB.ORG
- Return prepared by
- THE CURCHIN GROUP LLC
Mission
INCREASE PARTICIPATION AND PROFICIENCY IN THE OUTDOOR SPORT OF BOATING.OPERATING AND MAINTAINING A FACILITY TO DEVELOP AND ENCOURAGE THE OUTDOOR SPORT OF BOATING.
Program accomplishments
- PROVIDE RECREATIONAL SAILING FACILITYExpenses $237,740 · revenue $118,676
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
- 21-0689839
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,093,029
- Income (IRS master file)
- $424,633
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $365,149 | $251,820 | $1,093,029 | IRS |
| 990 | December 2024 | $556,516 | $249,338 | $977,938 | IRS |
| 990 | December 2023 | $337,609 | $274,582 | $670,783 | XML |
| 990 | December 2022 | $317,452 | $196,124 | $613,012 | IRS |
| 990 | December 2021 | $309,581 | $190,981 | $489,545 | 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 21-0689839).
Questions about MONMOUTH BOAT CLUB INC
- What is the EIN of MONMOUTH BOAT CLUB INC?
- The employer identification number (EIN) of MONMOUTH BOAT CLUB INC is 21-0689839.
- Is MONMOUTH BOAT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1946.
- Are donations to MONMOUTH BOAT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MONMOUTH BOAT 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 MONMOUTH BOAT 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 MONMOUTH BOAT 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 MONMOUTH BOAT CLUB INC?
- The 990 for the year ended December 31, 2025 names RUSSELL GOLDMAN.
- Who are the officers and directors of MONMOUTH BOAT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MONMOUTH BOAT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $365,149, expenses of $251,820 and total assets of $1,093,029 at year end.
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