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Nonprofit · EIN 21-0689839

MONMOUTH BOAT CLUB INC

Tax-exempt · RED BANK, NJ 07701

Financials

$338K$275K2023$557K$249K2024$365K$252K2025
Revenue Expenses · by fiscal year end
Financials of MONMOUTH BOAT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$365,149$251,820$113,329$1,093,029$3,264$1,089,765
December 31, 2024990$556,516$249,338$307,178$977,938$1,502$976,436
December 31, 2023990$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.

NameTitleHours / weekCompensation
ANDREW ZANGLECOMMODORE
Trustee or director, Officer
10$0
BRIAN BUGBEEVICE COMMODORE
Trustee or director, Officer
10$0
RUSSELL GOLDMANTREASURER
Trustee or director, Officer
10$0
ALAN GALESECRETARY
Trustee or director, Officer
10$0
ROBERT LEWISFINANCIAL SECRETARY
Trustee or director, Officer
10$0
GLORIA CHUNGASSIST FINANCIAL SECRETARY
Trustee or director, Officer
10$0
TAUGH LYNCH1ST REAR RACE
Trustee or director
10$0
DENNIS SCHMALTZ2ND REAR WAYS & MEANS
Trustee or director
10$0
CAROL BLUNDA3RD REAR MEMBERSHIP BOARD MEMBER
Trustee or director
10$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
ANDREW ZANGLECOMMODORE
Trustee or director, Officer
10$0
BRIAN BUGBEEVICE COMMODORE
Trustee or director, Officer
10$0
RUSSELL GOLDMANTREASURER
Trustee or director, Officer
10$0
ALAN GALESECRETARY
Trustee or director, Officer
10$0
JOSEPH CAHILLBOARD OF DIRECTORS
Trustee or director
10$0
ROBERT MARKOFFBOARD OF DIRECTORS
Trustee or director
10$0
LEIGH BUGBEEBOARD OF DIRECTORS
Trustee or director
10$0
JOHN GUNNBOARD OF DIRECTORS
Trustee or director
10$0
EILEEN NOCIOLOBOARD OF DIRECTORS
Trustee or director
10$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DALE BARNEYCOMMODORE
Trustee or director, Officer
10$0
ANDY ZANGLEVICE COMMODORE
Trustee or director, Officer
10$0
DAVE OTTIGNONTREASURER
Trustee or director, Officer
10$0
ALAN GALERECORDING SECRETARY
Trustee or director, Officer
10$0
TAUGH LYNCHBOARD OF DIRECTORS
Trustee or director
10$0
BRIAN BUGBEEBOARD OF DIRECTORS
Trustee or director
10$0
LES HATHAWAYBOARD OF DIRECTORS
Trustee or director
10$0
ROB LEWISFINANCIAL SECRETARY
Trustee or director, Officer
10$0
DENNIS SCHMALTZASSISTANT 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
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.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE RECREATIONAL SAILING FACILITY
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$365,149$251,820$1,093,029IRS
990December 2024$556,516$249,338$977,938IRS
990December 2023$337,609$274,582$670,783XML
990December 2022$317,452$196,124$613,012IRS
990December 2021$309,581$190,981$489,545IRS
990December 2020–––IRS
990December 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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