Nonprofit · EIN 22-2710900
POINT OF PINES YACHT CLUB INC
Tax-exempt · REVERE, MA 02151
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $232,292 | $230,132 | $2,160 | $499,911 | $335,227 | $164,684 |
| December 31, 2023 | 990 | $257,231 | $226,539 | $30,692 | $516,628 | $354,224 | $162,404 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $43,507
- Membership dues
- $31,515
- Program service revenue
- $100,578
- Investment income
- $1,469
- Net rental income
- $18,007
- Net income from sales of inventory
- $58,231
- Other revenue
- $86,738
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $25,693
- Salaries, compensation and benefits (total)
- $28,075
- Professional fundraising fees
- $0
- Legal fees
- $70
- Accounting fees
- $3,500
- Occupancy
- $88,864
- Depreciation
- $24,756
Balance sheet and other
- Total assets, start of year
- $516,628
- Total assets, end of year
- $499,911
- Total liabilities, end of year
- $335,227
- Net assets, end of year
- $164,684
- Land, buildings and equipment
- $176,768
- Gross unrelated business income
- $50,513
- Gross receipts
- $355,662
- Employees
- 16
- Volunteers
- 60
- Year formed
- 1914
- State of legal domicile
- MA
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 |
|---|---|---|---|
| VINCENT PICCINNI | COMMODORE Officer | 25 | $0 |
| JEFFREY CICOLINI | TREASURER Officer | 10 | $0 |
| MICHAEL PIGNATO | RECORDING SECRETARY Officer | 5 | $0 |
| DAVID KANE | VICE COMMODORE Officer | 25 | $0 |
| WILLIAM KELLEY | ASST VICE COMMODORE Officer | 10 | $0 |
| TIMOTHY HORGAN | FLEET CAPTAIN Officer | 5 | $0 |
| KIRK WEATHERBEE | REAR COMMODORE Officer | 20 | $0 |
| DANA ROGERS | FINANCIAL SECRETARY Officer | 5 | $0 |
| PAUL BARRASSO | AUDITOR Trustee or director | 2 | $0 |
| EMANUEL GULINO | TRUSTEE Trustee or director | 2 | $0 |
| KELLY SCENDSEN-HURLEY | TRUSTEE Trustee or director | 2 | $0 |
| PATRICIA MARROQUIN | TRUSTEE Trustee or director | 2 | $0 |
| RAYMOND MCCUE JR | TRUSTEE Trustee or director | 2 | $0 |
| DANIEL BEAULIEU | ASST REAR COMMODORE Officer | 10 | $0 |
| ROBERT DEFRONZO | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VINCENT PICCINNI | COMMODORE Officer | 25 | $0 |
| JEFFREY CICOLINI | TREASURER Officer | 10 | $0 |
| MICHAEL QUIGLEY | RECORDING SECRETARY Officer | 5 | $0 |
| ROBERT RAGUCCI | VICE COMMODORE Officer | 25 | $0 |
| PATRICIA MARROQUIN | ASST VICE COMMODORE Officer | 10 | $0 |
| TIMOTHY HORGAN | FLEET CAPTAIN Officer | 5 | $0 |
| KIRK WEATHERBEE | REAR COMMODORE Officer | 20 | $0 |
| DANA ROGERS | FINANCIAL SECRETARY Officer | 5 | $0 |
| ROBERT DEFRONZO | AUDITOR Trustee or director | 2 | $0 |
| EMANUEL GULINO | TRUSTEE Trustee or director | 2 | $0 |
| PAUL BARASSO | TRUSTEE Trustee or director | 2 | $0 |
| ROBERT LOSPANNATO | TRUSTEE Trustee or director | 2 | $0 |
| RAYMOND MCCUE JR | TRUSTEE Trustee or director | 2 | $0 |
| DANIEL BEAULIEU | ASST REAR COMMODORE Officer | 10 | $0 |
| MICHAEL PEGNATO | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 28 RICE AVE, REVERE, MA 02151-1761
- In care of
- % JEFFREY CICOLINI
- Principal officer (990 for 2024)
- VINCENT PICCINNI, 28 RICE AVE, REVERE, MA 02151
- Signed the 990
- VINCENT PICCINNI, COMMODORE
- Phone
- (781) 284-9717
- Website
- popyc.org
- Return prepared by
- KENDILE ASSOCIATES LLC
Mission
TO PROMOTE SAFE BOATING
Program accomplishments
- AS A YACHT CLUB, WE PROMOTE RECREATIONAL SAFE BOATING. WE PROVIDE SAFE BOATING COURSES TO THE COMMUNITY AT NO CHARGE, AND ALSO PLAY AN ACTIVE ROLE IN SUPPORTING BOATING AND NON-BOATING ACTIVITIES.
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
- 22-2710900
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $499,911
- Income (IRS master file)
- $355,662
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $232,292 | $230,132 | $499,911 | XML |
| 990 | December 2023 | $257,231 | $226,539 | $516,628 | XML |
| 990 | December 2022 | $262,802 | $238,775 | $506,733 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 22-2710900).
Questions about POINT OF PINES YACHT CLUB INC
- What is the EIN of POINT OF PINES YACHT CLUB INC?
- The employer identification number (EIN) of POINT OF PINES YACHT CLUB INC is 22-2710900.
- Is POINT OF PINES YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1986.
- Are donations to POINT OF PINES YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does POINT OF PINES 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 POINT OF PINES 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 POINT OF PINES 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 POINT OF PINES YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 names VINCENT PICCINNI.
- Who are the officers and directors of POINT OF PINES YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does POINT OF PINES YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $232,292, expenses of $230,132 and total assets of $499,911 at year end.
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