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Nonprofit · EIN 53-0428700

CAPITAL YACHT CLUB

Tax-exempt · WASHINGTON, DC 20024

Financials

$2.5M$2.5M2023$2.6M$2.6M2024$2.9M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of CAPITAL YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,851,664$2,815,440$36,224$3,736,461$110,334$3,626,127
December 31, 2024990$2,629,090$2,581,296$47,794$3,553,797$104,351$3,449,446
December 31, 2023990$2,496,663$2,541,731-$45,068$3,485,793$88,991$3,396,802
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,615,511
Investment income
$22,664
Net income from sales of inventory
$14,275
Other revenue
$213,489

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$549,735
Salaries, compensation and benefits (total)
$693,715
Professional fundraising fees
$0
Accounting fees
$85,412
Depreciation
$174,033
Program services (functional)
$2,080,572
Management and general (functional)
$560,835

Balance sheet and other

Total assets, start of year
$3,553,797
Total assets, end of year
$3,736,461
Total liabilities, end of year
$110,334
Net assets, end of year
$3,626,127
Land, buildings and equipment
$923,582
Net assets without donor restrictions
$3,485,670
Net assets with donor restrictions
$140,457
Gross unrelated business income
$181,390
Gross receipts
$2,851,664
Employees
23
Year formed
1892
State of legal domicile
DC

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.

NameTitleHours / weekCompensation
MIKE WILLIAMSBOARD MEMBER
Trustee or director
4$0
DEIRDRE JO FRICKEBOARD MEMBER
Trustee or director
4$0
KATHY ELLINGSWORTHBOARD MEMBER
Trustee or director
4$0
KIM PETERSONBOARD MEMBER
Trustee or director
4$0
JODIE KNOXBOARD MEMBER
Trustee or director
4$0
TERRELL PETERSONCOMMODORE
Officer
20$0
JENNIFER DAMEIKAVICE COMMODORE
Officer
20$0
JOHN PODRAZAREAR COMMODORE
Officer
20$0
JOHN STEVENSSecretary
Officer
20$0
MARK TURNERTreasurer
Officer
20$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
MIKE WILLIAMSBOARD MEMBER
Trustee or director
4$0
GUY SHIELDSBOARD MEMBER
Trustee or director
4$0
KATHY ELLINGSWORTHBOARD MEMBER
Trustee or director
4$0
KIM PETERSONBOARD MEMBER
Trustee or director
4$0
JENNIFER DAMEIKABOARD MEMBER
Trustee or director
4$0
TERRELL PETERSONCOMMODORE
Officer
20$0
JEFF SHEATSVICE COMMODORE
Officer
20$0
JOEL WILSONREAR COMMODORE
Officer
20$0
ALI PROCOPIOSecretary
Officer
20$0
MARK TURNERTreasurer
Officer
20$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
MICHAEL SIMSBOARD MEMBER
Trustee or director
4$0
GUY SHIELDSBOARD MEMBER
Trustee or director
4$0
JOSEPH WALTERSBOARD MEMBER
Trustee or director
4$0
ROBYN GATENSBOARD MEMBER
Trustee or director
4$0
SAM MCKAYBOARD MEMBER
Trustee or director
4$0
MELANIE LOCKECOMMODORE
Officer
20$0
KELLY REGALVICE COMMODORE
Officer
20$0
DALTON WILLIAMSREAR COMMODORE
Officer
20$0
MELANIE LOCKESecretary
Officer
20$0
MARK TURNERTreasurer
Officer
20$0

Address and contacts

Address (IRS master file)
800 WHARF STREET SW, WASHINGTON, DC 20024-3469
Principal officer (990 for 2025)
TERRELL PETERSON, 800 WHARF STREET SW, WASHINGTON, DC 20024
Signed the 990
TERRELL PETERSON, COMMODORE
Phone
(202) 488-8110
Return prepared by
Bendler & Company PC

Mission

TO PROVIDE FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.

990 for the year ended December 31, 2025

Program accomplishments

  • CAPITAL YACHT CLUB PROVIDES YACHT BASIN DOCKAGE AND OTHER CLUB SERVICES TO APPROXIMATELY 200 MEMBERS, THEIR DEPENDENTS AND GUESTS.
    Expenses $2,080,572 · revenue $2,615,511

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
53-0428700
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,736,461
Income (IRS master file)
$2,851,664

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,851,664$2,815,440$3,736,461IRS
990December 2024$2,629,090$2,581,296$3,553,797XML
990December 2023$2,496,663$2,541,731$3,485,793XML
990December 2022$2,045,766$1,982,416$3,489,753IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 53-0428700).

Questions about CAPITAL YACHT CLUB

What is the EIN of CAPITAL YACHT CLUB?
The employer identification number (EIN) of CAPITAL YACHT CLUB is 53-0428700.
Is CAPITAL YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to CAPITAL YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CAPITAL 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 CAPITAL 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 CAPITAL YACHT CLUB 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 CAPITAL YACHT CLUB?
The 990 for the year ended December 31, 2025 names TERRELL PETERSON.
Who are the officers and directors of CAPITAL YACHT CLUB?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does CAPITAL YACHT CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,851,664, expenses of $2,815,440 and total assets of $3,736,461 at year end.

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