Nonprofit · EIN 25-0466730
ERIE YACHT CLUB
Tax-exempt · ERIE, PA 16505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $4,831,884 | $4,582,487 | $249,397 | $19,363,098 | $9,212,946 | $10,150,152 |
| October 31, 2024 | 990 | $4,426,882 | $4,324,918 | $101,964 | $19,818,174 | $9,917,419 | $9,900,755 |
| October 31, 2023 | 990 | $3,588,906 | $3,103,072 | $485,834 | $14,228,312 | $4,429,520 | $9,798,792 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,347,717
- Investment income
- $0
- Net income from sales of inventory
- $1,484,167
- Other revenue
- $1,484,167
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $125,131
- Other salaries and wages
- $1,434,746
- Salaries, compensation and benefits (total)
- $1,862,719
- Professional fundraising fees
- $0
- Legal fees
- $19,097
- Accounting fees
- $13,200
- Occupancy
- $337,455
- Depreciation
- $843,845
Balance sheet and other
- Total assets, start of year
- $19,818,174
- Total assets, end of year
- $19,363,098
- Total liabilities, end of year
- $9,212,946
- Net assets, end of year
- $10,150,152
- Land, buildings and equipment
- $18,078,626
- Net assets without donor restrictions
- $10,150,152
- Gross receipts
- $6,068,595
- Employees
- 149
- Volunteers
- 0
- Year formed
- 1895
- State of legal domicile
- PA
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS BEDNER | GENERAL MANAGER Officer | 40 | $125,131 |
| DAVID WAGNER | SECRETARY/TREASURER Officer | 10 | $15,000 |
| HARVEY DOWNEY | PAST COMMODORE Trustee or director | 5 | $0 |
| MICHAEL SQUEGLIA | COMMODORE Trustee or director, Officer | 5 | $0 |
| RUSS THOMPSON | VICE COMMODORE Trustee or director, Officer | 5 | $0 |
| MATT WOLFORD | REAR COMMODORE Trustee or director, Officer | 5 | $0 |
| BRIAN LASHER | FLEET CAPTAIN Trustee or director, Officer | 5 | $0 |
| TIMOTHY WEIBEL | DIRECTOR Trustee or director | 5 | $0 |
| DAVID MCBRIER | DIRECTOR Trustee or director | 5 | $0 |
| AJ FICCARDI | DIRECTOR Trustee or director | 5 | $0 |
| JENNIFER STEWART | DIRECTOR Trustee or director | 5 | $0 |
| BEN CARES | DIRECTOR Trustee or director | 5 | $0 |
| JOHN BAUMAN | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended October 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS BEDNER | GENERAL MANAGER Officer | 40 | $125,131 | $5,002 |
| DAVID WAGNER | SECRETARY/TREASURER Officer | 10 | $15,000 | $0 |
| HARVEY DOWNEY | PAST COMMODORE Trustee or director | 5 | $0 | $0 |
| MICHAEL SQUEGLIA | COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| RUSS THOMPSON | VICE COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| MATT WOLFORD | REAR COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| BRIAN LASHER | FLEET CAPTAIN Trustee or director, Officer | 5 | $0 | $0 |
| TIMOTHY WEIBEL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DAVID MCBRIER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AJ FICCARDI | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JENNIFER STEWART | DIRECTOR Trustee or director | 5 | $0 | $0 |
| BEN CARES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOHN BAUMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended October 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS BEDNER | GENERAL MANAGER Officer | 40 | $107,550 | $6,313 |
| DAVID WAGNER | SECRETARY/TREASURER Officer | 10 | $6,250 | $0 |
| DAVID SANNER | PAST COMMODORE Trustee or director | 5 | $0 | $0 |
| MICHAEL SQUEGLIA | VICE COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| HARVEY DOWNEY | COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| RUSS THOMPSON | REAR COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| MATT WOLFORD | FLEET CAPTAIN Trustee or director, Officer | 5 | $0 | $0 |
| TIMOTHY WEIBEL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DAVID MCBRIER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| NEAL BAKER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CARRIE KNOX | DIRECTOR Trustee or director | 5 | $0 | $0 |
| BEN CARES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOHN BAUMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 RAVINE DR, ERIE, PA 16505-2308
- Principal officer (990 for 2024)
- DAVID WAGNER, 1 RAVINE DRIVE, ERIE, PA 16512
- Signed the 990
- DAVID WAGNER, SECRETARY/TREASURER
- Phone
- (814) 453-4931
- Website
- WWW.ERIEYACHTCLUB.ORG
- Return prepared by
- HEBERLEIN & FALK PC
Mission
THE PURPOSES OF THE ERIE YACHT CLUB ARE TO MAINTAIN, DEVELOP, AND ENLARGE THE FACILITIES FOR YACHTING AND BOATING, TO ENCOURAGE AND DEVELOP YACHTING AND OTHER AQUATIC SPORTS, TO PROMOTE SOCIAL RECREATIONAL ACTIVITIES CONNECTED THEREWITH, AND TO IMPROVE YACHTING AND BOATING FACILITIES AT THE ERIE YACHT CLUB BASIN AND IN THE AREA OF ERIE HARBOR GENERALLY.
Program accomplishments
- BOATING: THE CLUB MAINTAINS ITS YACHTING AND BOATING FACILITIES IN ORDER TO ENCOURAGE AND DEVELOP YACHTING AND BOATING ACTIVITIES AMONG ITS MEMBERSHIP.Expenses $1,311,060 · revenue $1,149,659
- RESTAURANT AND BAR: THE CLUB MAINTAINS A RESTAURANT AND BAR TO PROMOTE SOCIAL AND RECREATIONAL ACTIVITIES FOR ITS MEMBERS IN CONNECTION WITH THE BOATING ACTIVITIES OUTLINED IN "LINE 4A" ABOVE.Expenses $2,298,485 · revenue $1,238,496
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 25-0466730
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $19,363,098
- Income (IRS master file)
- $6,068,595
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $4,831,884 | $4,582,487 | $19,363,098 | XML |
| 990 | October 2024 | $4,426,882 | $4,324,918 | $19,818,174 | XML |
| 990 | October 2023 | $3,588,906 | $3,103,072 | $14,228,312 | XML |
| 990 | October 2022 | $4,246,545 | $3,482,893 | $9,557,617 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 25-0466730).
Questions about ERIE YACHT CLUB
- What is the EIN of ERIE YACHT CLUB?
- The employer identification number (EIN) of ERIE YACHT CLUB is 25-0466730.
- Is ERIE YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
- Are donations to ERIE YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ERIE YACHT 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 ERIE YACHT CLUB due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ERIE YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of ERIE YACHT CLUB?
- The 990 for the year ended October 31, 2025 names DAVID WAGNER.
- Who are the officers and directors of ERIE YACHT CLUB?
- The 990 for the year ended October 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $125,131 (THOMAS BEDNER, GENERAL MANAGER).
- How much revenue does ERIE YACHT CLUB have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $4,831,884, expenses of $4,582,487 and total assets of $19,363,098 at year end.
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