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Nonprofit · EIN 21-0693663

BREAKWATER BEACH CLUB

Tax-exempt · LONG BRANCH, NJ 07740

Financials

$1.2M$1M2023$1.2M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of BREAKWATER BEACH CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,237,534$1,120,130$117,404$1,074,033$337,001$737,032
December 31, 2023990$1,244,905$1,045,497$199,408$995,456$375,828$619,628
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,126,775
Membership dues
$1,126,775
Program service revenue
$106,462
Investment income
$4,297
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$406,995
Salaries, compensation and benefits (total)
$458,420
Professional fundraising fees
$0
Legal fees
$6,735
Occupancy
$268,845
Depreciation
$32,850
Program services (functional)
$1,087,280

Balance sheet and other

Total assets, start of year
$995,456
Total assets, end of year
$1,074,033
Total liabilities, end of year
$337,001
Net assets, end of year
$737,032
Land, buildings and equipment
$483,996
Gross receipts
$1,237,534
Employees
32
Year formed
1960
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN B SACHSPresident
Trustee or director, Officer
2$0
MARVIN TALANSKYVice President
Trustee or director, Officer
2$0
MICHAEL BRESLOWTreasurer
Trustee or director, Officer
2$0
AL KASSONBOARD MEMBER
Trustee or director
2$0
HOWARD COOPERSTEINBOARD MEMBER
Trustee or director
2$0
RONALD ROSENSecretary
Trustee or director, Officer
2$0
HOWARD ZIPERSONVice President
Trustee or director, Officer
2$0
SARAH VILLANEBOARD MEMBER
Trustee or director
2$0
ANGELA LEVYBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
STEPHEN B SACHSPresident
Trustee or director, Officer
2$0
MARVIN TALANSKYVice President
Trustee or director, Officer
2$0
MICHAEL BRESLOWTreasurer
Trustee or director, Officer
2$0
AL KASSONBOARD MEMBER
Trustee or director
2$0
HOWARD COOPERSTEINBOARD MEMBER
Trustee or director
2$0
RONALD ROSENSecretary
Trustee or director, Officer
2$0
HOWARD ZIPERSONVice President
Trustee or director, Officer
2$0
SARAH VILLANEBOARD MEMBER
Trustee or director
2$0
ANGELA LEVYBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1141 OCEAN AVE, LONG BRANCH, NJ 07740-4592
Signed the 990
STEPHEN SACHS, President
Phone
(732) 222-7733
Return prepared by
Addeo Polacco & Penta LLC

Mission

OPERATION OF A BEACH CLUB LOCATED IN ELBERON NEW JERSEY

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATION OF A BEACH CLUB IN ELBERON, NEW JERSEY

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
21-0693663
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,074,033
Income (IRS master file)
$1,237,534

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,237,534$1,120,130$1,074,033XML
990December 2023$1,244,905$1,045,497$995,456XML
990December 2022$1,162,790$978,092$732,567IRS
990December 2021–––IRS
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 21-0693663).

Questions about BREAKWATER BEACH CLUB

What is the EIN of BREAKWATER BEACH CLUB?
The employer identification number (EIN) of BREAKWATER BEACH CLUB is 21-0693663.
Is BREAKWATER BEACH CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1990.
Are donations to BREAKWATER BEACH CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BREAKWATER BEACH CLUB 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 BREAKWATER BEACH CLUB 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 BREAKWATER BEACH CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of BREAKWATER BEACH CLUB?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does BREAKWATER BEACH CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,237,534, expenses of $1,120,130 and total assets of $1,074,033 at year end.

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