Nonprofit · EIN 33-2462665
PORTLAND YACHT CLUB JUNIOR SAILING
Tax-exempt · FALMOUTH, ME 04105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $5,957 | $1,650 | $4,307 | $89,241 | $43,618 | $45,623 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $5,530
- Program service revenue
- $427
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $350
- Occupancy
- $758
- Other expenses
- $542
- Program services (functional)
- $1,650
Balance sheet and other
- Total assets, start of year
- $44,980
- Total assets, end of year
- $89,241
- Total liabilities, end of year
- $43,618
- Net assets, end of year
- $45,623
- Cash, savings and investments
- $44,820
- Gross receipts
- $5,957
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Skip Yale | Director | 1 | $0 |
| Blake MacDiarmid | Director | 1 | $0 |
| Matt Thronton | Ex-officio | 1 | $0 |
| Pete Ventre | President | 1 | $0 |
| Andrew Sawyer | Treasurer | 1 | $0 |
| Dean Marvin | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 40 OLD POWERHOUSE RD, FALMOUTH, ME 04105-1616
- In care of
- % KELLEY RICH
- Mailing address (990-N for 2024)
- 40 Old Powerhouse Rd, Falmouth ME 04105
- Principal officer (990-N for 2024)
- Peter Ventre, 40 Old Powerhouse Rd, Falmouth ME 04105
- Signed the 990-EZ
- Pete Ventre, Chair
- Phone
- (207) 781-9820
- Website
- https://pycjuniorsailing.org
- Return prepared by
- PGM LLC
Mission
To serve, teach and support sailing.
Program accomplishments
- The organization commenced operation in 2025.Expenses $1,650
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2023 | October 31, 2024 | March 17, 2025 | Check at the IRS |
IRS record
- EIN
- 33-2462665
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- October
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $89,241
- Income (IRS master file)
- $5,957
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $5,957 | $1,650 | $89,241 | IRS |
| 990-N for 2024 Officer: Peter Ventre | October 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
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 33-2462665).
Questions about PORTLAND YACHT CLUB JUNIOR SAILING
- What is the EIN of PORTLAND YACHT CLUB JUNIOR SAILING?
- The employer identification number (EIN) of PORTLAND YACHT CLUB JUNIOR SAILING is 33-2462665.
- Is PORTLAND YACHT CLUB JUNIOR SAILING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to PORTLAND YACHT CLUB JUNIOR SAILING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PORTLAND YACHT CLUB JUNIOR SAILING file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PORTLAND YACHT CLUB JUNIOR SAILING 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 PORTLAND YACHT CLUB JUNIOR SAILING last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of PORTLAND YACHT CLUB JUNIOR SAILING?
- The 990-N for 2024 names Peter Ventre.
- Who are the officers and directors of PORTLAND YACHT CLUB JUNIOR SAILING?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does PORTLAND YACHT CLUB JUNIOR SAILING have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $5,957, expenses of $1,650 and total assets of $89,241 at year end.
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