Nonprofit · EIN 52-0405400
MARYLAND YACHT CLUB INC
Tax-exempt · PASADENA, MD 21122
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $563,671 | $592,280 | -$28,609 | $1,536,316 | $1,343,015 | $193,301 |
| December 31, 2023 | 990 | $509,537 | $472,349 | $37,188 | $1,485,650 | $1,287,700 | $197,950 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $121,478
- of which government grants
- $17,181
- Membership dues
- $90,540
- Program service revenue
- $250,451
- Investment income
- $0
- Net income from fundraising events
- -$3,346
- Net income from sales of inventory
- $160,743
- Other revenue
- $191,742
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $107,403
- Salaries, compensation and benefits (total)
- $120,052
- Professional fundraising fees
- $0
- Accounting fees
- $1,900
- Depreciation
- $81,970
- Program services (functional)
- $592,280
Balance sheet and other
- Total assets, start of year
- $1,485,650
- Total assets, end of year
- $1,536,316
- Total liabilities, end of year
- $1,343,015
- Net assets, end of year
- $193,301
- Land, buildings and equipment
- $1,229,042
- Gross unrelated business income
- $41,567
- Gross receipts
- $860,157
- Employees
- 14
- Year formed
- 1908
- State of legal domicile
- MD
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 |
|---|---|---|---|
| BARBARA FRANKLIN | SECRETARY Officer | – | $0 |
| DAVID MARCIC | TREASURER Officer | – | $0 |
| JAMES MARTINETTE | VICE COMMODO Officer | – | $0 |
| RICK MARTINEZ | COMMODORE Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA FRANKLIN | SECRETARY Officer | 1.5 | $0 |
| DAVID MARCIC | TREASURER Officer | 4 | $0 |
| RICK MARTINEZ | VICE COMMODO Officer | 3 | $0 |
| SEAN NUNES | COMMODORE Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 FAIRVIEW BEACH RD, PASADENA, MD 21122-3219
- In care of
- % KENBURTON
- Principal officer (990 for 2024)
- DOUG TREFF
- Signed the 990
- DAVID MARCIC, TREASURER
- Phone
- (410) 255-4444
- Return prepared by
- ANNAPOLIS ACCOUNTING SERVICES INC
Mission
BOAT SAFETY AND MEMBER ACTIVITY
Program accomplishments
- THE CLUB OPERATES A MARINA TO PROVIDE BOAT SLIPS AND MOORINGS TO MEMBERS
- THE CLUB OPERATES A BAR AND DINING ROOM TO PROVIDE SOCIAL ACTIVITIES TO MEMBERS
- THE CLUB OPERATES A FUEL DOCK TO PROVIDE FUEL TO MEMBERS
- THE CLUB OPERATES A MARINA TO PROVIDE BOAT SLIPS AND MOORINGS TO MEMBERS
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
- 52-0405400
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1937
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,536,316
- Income (IRS master file)
- $860,157
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $563,671 | $592,280 | $1,536,316 | XML |
| 990 | December 2023 | $509,537 | $472,349 | $1,485,650 | XML |
| 990 | December 2022 | $505,825 | $426,936 | $1,527,571 | IRS |
| 990 | December 2021 | $628,567 | $692,714 | $1,524,912 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | 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 52-0405400).
Questions about MARYLAND YACHT CLUB INC
- What is the EIN of MARYLAND YACHT CLUB INC?
- The employer identification number (EIN) of MARYLAND YACHT CLUB INC is 52-0405400.
- Is MARYLAND YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1937.
- Are donations to MARYLAND YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARYLAND 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 MARYLAND 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 MARYLAND 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 MARYLAND YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 names DOUG TREFF.
- Who are the officers and directors of MARYLAND YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARYLAND YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $563,671, expenses of $592,280 and total assets of $1,536,316 at year end.
Other nonprofits in PASADENA
- HOSPICE OF THE CHESAPEAKE EIN 52-1181448 · last filed 990 for 2024
- HOSPICE OF THE CHESAPEAKE FOUNDATION INC EIN 52-1457419 · last filed 990 for 2024
- PARTNERS IN CARE MARYLAND INC EIN 52-1911806 · last filed 990 for 2025
- ITS ALL ABOUT THE KIDS-MARYLAND INC EIN 13-4276160 · last filed 990 for 2025
- OPPORTUNITY MINISTRIES INC EIN 45-4599833 · last filed 990 for 2025
- DIVINE MERCY ACADEMY INCORPORATED EIN 83-2567632 · last filed 990 for 2024
- HAVEN HOUSE INC EIN 52-0908096 · last filed 990 for 2025
- LAKE SHORE YOUTH BASEBALL EIN 23-7057243 · last filed 990 for 2025