Nonprofit · EIN 51-0652259
ASPEN YACHT CLUB
Tax-exempt · BASALT, CO 81621
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $82,326 | $69,362 | $12,964 | $166,818 | $0 | $166,818 |
| December 31, 2024 | 990-EZ | $77,516 | $55,886 | $21,630 | $153,854 | – | $153,854 |
| December 31, 2023 | 990-EZ | $56,847 | $56,085 | $762 | $132,224 | – | $132,224 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,500
- Membership dues
- $54,634
- Investment income
- $2,069
- Net income from fundraising events
- $19,552
- Net income from sales of inventory
- $2,571
Expenses
- Compensation of officers, directors and key employees
- $0
- Occupancy
- $37,437
- Other expenses
- $31,925
Balance sheet and other
- Total assets, start of year
- $153,854
- Total assets, end of year
- $166,818
- Total liabilities, end of year
- $0
- Net assets, end of year
- $166,818
- Cash, savings and investments
- $128,446
- Gross receipts
- $98,891
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 |
|---|---|---|---|
| JEFF FRIDAY | COMMODORE | 2 | $0 |
| MICHAEL MACKAY | VICE COMMODORE | 1 | $0 |
| ERIC ALTENBRAND | REAR COMMODORE | 1 | $0 |
| LUCY SMYTH | EX COMMODORE | 1 | $0 |
| MARK OVERSTREET | MEMBER AT LARGE | 1 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lucy Smythe | Commodore | 3 | $0 |
| Jeff Friday | Vice Commodore | 2 | $0 |
| Michael MacKay | Rear Commodore | 2 | $0 |
| James Klein | Outgoing Commodore | 2 | $0 |
| Mark Overstreet | Member at Large | 2 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James Klein | Commodore | 2 | $0 |
| Lucy Smythe | Vice Commodore | 2 | $0 |
| Jeffrey Friday | Rear Commodore | 2 | $0 |
| Jeff Ashcraft | Outgoing Commodore | 2 | $0 |
| Mark Overstreet | Member at Large | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4156, BASALT, CO 81621-4156
- In care of
- % KEVIN C WHITE
- Signed the 990-EZ
- JEFF FRIDAY, COMMODORE
- Phone
- (877) 993-3225
- Website
- WWW.THEASPENYACHTCLUB.COM
- Return prepared by
- HOOD PC
Mission
TO PROMOTE THE DEVELOPMENT OF SAILING, AND TO PROMOTE AND REGULATE CLASS SAILBOAT RACING UNDER UNIFORM RULES AND IN THE SPIRIT OF GOOD SPORTSMANSHIP.
Program accomplishments
- ORGANIZATION PROVIDES FACILITIES FOR APPROXIMATELY 80 MEMBERS TO DEVELOP SAILING SKILLS AND TO PROVIDE CITY OF ASPEN SAILING PROGRAM A PLACE FOR STUDENTS TO LEARN SAILING SKILLS.
- CLUB HAS SIX STATE OF COLORADO CERTIFIED ZEBRA MUSSEL INSPECTORS WHO WORK WITH US FORST SERVICE, CO PARKS AND WILDLIFE, AND RUEDI WATER AUTHORITY TO INSPECT AND EDUCATE THE PUBLIC.
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 51-0652259
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $166,818
- Income (IRS master file)
- $98,891
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $82,326 | $69,362 | $166,818 | XML |
| 990-EZ | December 2024 | $77,516 | $55,886 | $153,854 | XML |
| 990-EZ | December 2023 | $56,847 | $56,085 | $132,224 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 51-0652259).
Questions about ASPEN YACHT CLUB
- What is the EIN of ASPEN YACHT CLUB?
- The employer identification number (EIN) of ASPEN YACHT CLUB is 51-0652259.
- Is ASPEN YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2008.
- Are donations to ASPEN YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASPEN 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 ASPEN YACHT CLUB 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 ASPEN YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of ASPEN YACHT CLUB?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does ASPEN YACHT CLUB have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $82,326, expenses of $69,362 and total assets of $166,818 at year end.
Other nonprofits in BASALT
- ASPEN LACROSSE CLUB EIN 84-1674154 · last filed 990 for 2024
- ROARING FORK CYCLING INC EIN 82-1304080 · last filed 990 for 2025
- ASPEN EQUESTRIAN TEAM EIN 47-2269573 · last filed 990-N for 2025
- REVOLUTIONS SKATING CLUB INC EIN 26-2589871 · last filed 990-N for 2025
- ASPEN RUGBY FOUNDATION EIN 84-1317622 · last filed 990-N for 2025
- COLORADO WEST HUNTER JUMPER ASSOCIATION EIN 84-1076612 · last filed 990-N for 2025
- ASPEN GLOBAL CHANGE INSTITUTE INC EIN 84-1305687 · last filed 990 for 2024
- ASPEN COMMUNITY FOUNDATION EIN 84-0829226 · last filed 990 for 2024