Nonprofit · EIN 52-0567737
NORTH EAST RIVER YACHT CLUB INC
Tax-exempt · NORTH EAST, MD 21901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $751,436 | $661,053 | $90,383 | $1,092,113 | $1,695,164 | -$603,051 |
| December 31, 2024 | 990 | $667,675 | $658,885 | $8,790 | $1,030,373 | $1,723,807 | -$693,434 |
| December 31, 2023 | 990 | $706,328 | $682,490 | $23,838 | $846,028 | $1,548,252 | -$702,224 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $269,382
- Membership dues
- $153,435
- Program service revenue
- $462,558
- Investment income
- -$794
- Net rental income
- $18,308
- Net gain from sales of assets
- -$794
- Net income from sales of inventory
- $1,982
- Other revenue
- $20,290
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $210,802
- Salaries, compensation and benefits (total)
- $228,993
- Professional fundraising fees
- $0
- Accounting fees
- $6,710
- Depreciation
- $36,797
- Program services (functional)
- $661,053
Balance sheet and other
- Total assets, start of year
- $1,030,373
- Total assets, end of year
- $1,092,113
- Total liabilities, end of year
- $1,695,164
- Net assets, end of year
- -$603,051
- Land, buildings and equipment
- $774,878
- Gross unrelated business income
- $18,308
- Gross receipts
- $774,894
- Employees
- 18
- Volunteers
- 40
- Year formed
- 1930
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH ROMASCO | COMMODORE Officer | 10 | $0 |
| DAILEY TIPTON | VICE COMMODORE Officer | 3 | $0 |
| KEELY CHILDERS HEANY | REAR COMMODORE Officer | 2 | $0 |
| LINDA CHILD | FLEET CAPTAIN Officer | 4 | $0 |
| DICK MARTIN | IMMEDIATE PAST COMMODORE Officer | 2 | $0 |
| PHYLLIS COLANERO | SECRETARY Officer | 2 | $0 |
| LYNDA DIPASQUALE | TREASURER Officer | 8 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT SHELDRICK | IMMEDIATE PAST COMMODORE Officer | 2 | $0 |
| DICK MARTIN | COMMODORE Officer | 10 | $0 |
| JOE ROMASCO | VICE COMMODORE Officer | 3 | $0 |
| KEELY CHILDERS HEANY | REAR COMMODORE Officer | 2 | $0 |
| PHYLLIS COLANERO | SECRETARY Officer | 2 | $0 |
| LYNDA DIPASQUALE | TREASURER Officer | 8 | $0 |
| LINDA CHILD | FLEET CAPTAIN Officer | 4 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI LUKEMAN | IMMEDIATE PAST COMMODORE Officer | 2 | $0 |
| MATT SHELDRICK | COMMODORE Officer | 10 | $0 |
| DICK MARTIN | VICE COMMODORE Officer | 3 | $0 |
| JOE ROMASCO | REAR COMMODORE Officer | 2 | $0 |
| PHYLLIS COLANERO | SECRETARY Officer | 2 | $0 |
| LYNDA DIPASQUALE | TREASURER Officer | 8 | $0 |
| LINDA CHILD | FLEET CAPTAIN Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 80 BAYSIDE DR, NORTH EAST, MD 21901-5129
- Principal officer (990 for 2025)
- LYNDA DIPASQUALE, 80 BAYSIDE DR, NORTH EAST, MD 21901
- Signed the 990
- LYNDA DIPASQUALE, TREASURER
- Phone
- (410) 287-6333
- Website
- WWW.NERYC.COM
- Return prepared by
- WALZ GROUP
Mission
A SOCIAL ORGANIZATION INTERESTED IN ENCOURAGING THE SPORT OF BOATING AND PROMOTING THE SCIENCE OF SEAMANSHIP AND NAVIGATION. TO PROVIDE A SUITABLE CLUBHOUSE, ACHORAGE, AND PIERS FOR THE USE OF ITS BOATING MEMBERS AND TO PROVIDE FACILITIES FOR THE RECREATION.
Program accomplishments
- A SOCIAL ORGANIZATION INTERESTED IN ENCOURAGING THE SPORT OF BOATING AND PROMOTING THE SCIENCE OF SEAMANSHIP AND NAVIGATION. TO PROVIDE A SUITABLE CLUBHOUSE, ACHORAGE, AND PIERS FOR THE USE OF ITS BOATING MEMBERS AND TO PROVIDE FACILITIES FOR THE RECREATION.Expenses $661,053
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 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
- 52-0567737
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,092,113
- Income (IRS master file)
- $774,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $751,436 | $661,053 | $1,092,113 | IRS |
| 990 | December 2024 | $667,675 | $658,885 | $1,030,373 | XML |
| 990 | December 2023 | $706,328 | $682,490 | $846,028 | XML |
| 990 | December 2022 | $681,632 | $622,562 | $902,707 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 52-0567737).
Questions about NORTH EAST RIVER YACHT CLUB INC
- What is the EIN of NORTH EAST RIVER YACHT CLUB INC?
- The employer identification number (EIN) of NORTH EAST RIVER YACHT CLUB INC is 52-0567737.
- Is NORTH EAST RIVER YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
- Are donations to NORTH EAST RIVER YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH EAST 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 NORTH EAST RIVER YACHT CLUB INC 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 NORTH EAST RIVER YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NORTH EAST RIVER YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names LYNDA DIPASQUALE.
- Who are the officers and directors of NORTH EAST RIVER YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does NORTH EAST RIVER YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $751,436, expenses of $661,053 and total assets of $1,092,113 at year end.
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