Nonprofit · EIN 52-0414916
MILES RIVER YACHT CLUB INC
Tax-exempt · ST MICHAELS, MD 21663
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $1,963,617 | $1,593,798 | $369,819 | $3,827,794 | $1,920,944 | $1,906,850 |
| October 31, 2024 | 990 | $1,779,817 | $1,512,306 | $267,511 | $3,540,001 | $2,002,970 | $1,537,031 |
| October 31, 2023 | 990 | $1,908,654 | $1,492,410 | $416,244 | $3,284,980 | $2,015,460 | $1,269,520 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $1,597,491
- Membership dues
- $1,597,491
- Program service revenue
- $411,838
- Investment income
- $108,418
- Net gain from sales of assets
- $80,729
- Net income from sales of inventory
- -$188,581
- Other revenue
- -$154,130
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $705,396
- Salaries, compensation and benefits (total)
- $785,356
- Professional fundraising fees
- $0
- Accounting fees
- $7,350
- Occupancy
- $90,742
- Depreciation
- $197,983
Balance sheet and other
- Total assets, start of year
- $3,540,001
- Total assets, end of year
- $3,827,794
- Total liabilities, end of year
- $1,920,944
- Net assets, end of year
- $1,906,850
- Land, buildings and equipment
- $2,359,145
- Net assets without donor restrictions
- $1,906,850
- Gross unrelated business income
- -$160,892
- Gross receipts
- $3,650,389
- Employees
- 90
- Volunteers
- 59
- Year formed
- 1920
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICK SIMPSON | COMMODORE Trustee or director, Officer | 2 | $0 |
| DENNIS KELLY | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| MATT KEALY | R/C Trustee or director, Officer | 2 | $0 |
| ANDREW SOUTHWORTH | F/C Trustee or director, Officer | 2 | $0 |
| JENNIFER WILLIANS | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOHN HINES | TREASURER Trustee or director, Officer | 2 | $0 |
| DOUG ABBOTT | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| TIM PARIS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| JERRY CRAMBLETT | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| JEAN BROOKS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| CLAY CAMPBELL | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ADAM OWENS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ROBERT FOLEY | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ROB NOBLE | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| RICH KOLL | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICK SIMPSON | COMMODORE Trustee or director, Officer | 2 | $0 |
| DENNIS KELLY | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| MATT KEALY | R/C Trustee or director, Officer | 2 | $0 |
| ANDREW SOUTHWORTH | F/C Trustee or director, Officer | 2 | $0 |
| JENNIFER WILLIANS | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOHN HINES | TREASURER Trustee or director, Officer | 2 | $0 |
| DOUG ABBOTT | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| PAUL CONNOLLY | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| BILL MISCHKE | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| JEAN BROOKS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| CLAY CAMPBELL | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ADAM OWENS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ROBERT FOLEY | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ROB NOBLE | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ED REEVES | COMMODORE Trustee or director, Officer | 2 | $0 |
| NICK SIMPSON | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| DENNIS KELLY | R/C Trustee or director, Officer | 2 | $0 |
| MATT KEALY | F/C Trustee or director, Officer | 2 | $0 |
| JENNIFER WILLIANS | SECRETARY Trustee or director, Officer | 2 | $0 |
| JOHN HINES | TREASURER Trustee or director, Officer | 2 | $0 |
| DOUG ABBOTT | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| PAUL CONNOLLY | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| BILL MISCHKE | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| JEAN BROOKS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| CLAY CAMPBELL | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ADAM OWENS | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ROBERT FOLEY | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ROB NOBLE | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
| ANDREW SOUTHWORTH | DIRECTOR/GOVENOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 24750 YACHT CLUB RD, ST MICHAELS, MD 21663-2166
- Principal officer (990 for 2024)
- RICH KOLL, PO BOX 158, ST MICHAELS, MD 21663
- Signed the 990
- RICH KOLL, TREASURER
- Phone
- (410) 745-9511
- Website
- MILESRIVERYC.ORG
- Return prepared by
- BSC GROUP LLC
Mission
THE PURPOSE OF THE CLUB IS TO ENCOURAGE TRADITIONAL EASTERN SHORE RECREATIONAL ACTIVITIES ON THE WATER.
Program accomplishments
- MRYC IS A YACHT CLUB. IT PROVIDES ITS MEMBERS WITH ACTIVITIES AND FACILITIES SURROUNDING THE WATER. ALL PROGRAM SERVICE REVENUE IS COLLECTED IN CONNECTION WITH THESE TAX EXEMPT ACTIVITIES.
- DUES ARE PAID BY MEMBERS TO CONTINUE THE EXISTENCE OF THE CLUB. THIS INCOME PAYS FOR OPERATIONS OF THE CLUB.
- THE YACHT CLUB HAS SEVERAL MISCELLANEOUS RELATED ACTIVITIES, FOR EXAMPLE A YEARBOOK IS PUBLISHED ANNUALLY FOR THE USEFULNESS OF THE CLUB.
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
- 52-0414916
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,827,794
- Income (IRS master file)
- $3,650,389
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $1,963,617 | $1,593,798 | $3,827,794 | XML |
| 990 | October 2024 | $1,779,817 | $1,512,306 | $3,540,001 | XML |
| 990 | October 2023 | $1,908,654 | $1,492,410 | $3,284,980 | XML |
| 990 | October 2022 | $1,355,111 | $1,436,991 | $2,887,153 | 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 52-0414916).
Questions about MILES RIVER YACHT CLUB INC
- What is the EIN of MILES RIVER YACHT CLUB INC?
- The employer identification number (EIN) of MILES RIVER YACHT CLUB INC is 52-0414916.
- Is MILES RIVER YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1945.
- Are donations to MILES RIVER YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MILES RIVER 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 MILES RIVER YACHT CLUB INC 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 MILES RIVER YACHT CLUB INC 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 MILES RIVER YACHT CLUB INC?
- The 990 for the year ended October 31, 2025 names RICH KOLL.
- Who are the officers and directors of MILES RIVER YACHT CLUB INC?
- The 990 for the year ended October 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does MILES RIVER YACHT CLUB INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $1,963,617, expenses of $1,593,798 and total assets of $3,827,794 at year end.
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