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Nonprofit · EIN 56-0523297

WASHINGTON YACHT & COUNTRY CLUB INC

Tax-exempt · WASHINGTON, NC 27889

Financials

$1.7M$1.9M2023$1.9M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of WASHINGTON YACHT & COUNTRY CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,859,824$1,847,330$12,494$894,637$1,349,106-$454,469
December 31, 2023990$1,737,397$1,892,716-$155,319$882,269$1,349,232-$466,963
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,496,381
Investment income
$5,223
Net income from sales of inventory
$358,220
Other revenue
$358,220

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$926,983
Salaries, compensation and benefits (total)
$1,069,701
Professional fundraising fees
$0
Accounting fees
$4,493
Occupancy
$175,342
Travel
$2,754
Depreciation
$42,545

Balance sheet and other

Total assets, start of year
$882,269
Total assets, end of year
$894,637
Total liabilities, end of year
$1,349,106
Net assets, end of year
-$454,469
Land, buildings and equipment
$434,457
Gross unrelated business income
$11,027
Gross receipts
$2,287,699
Employees
68
Year formed
1949
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
JARED M ADAMSDIRECTOR
Trustee or director
1$0
JERRY BURROUGHSDIRECTOR
Trustee or director
1$0
LINDSEY CRISPTREASURER
Trustee or director, Officer
1$0
MICHELLE CLANCY FULLERDIRECTOR
Trustee or director
1$0
PAM HARRISPRESIDENT
Trustee or director, Officer
1$0
CHRIS RESPESSDIRECTOR
Trustee or director
1$0
MIKE ROCCHIODIRECTOR
Trustee or director
1$0
GEORGE SLOANDIRECTOR
Trustee or director
1$0
CHRISTOPHER WHITEHEADDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JARED M ADAMSDIRECTOR
Trustee or director
1$0
JERRY BURROUGHSDIRECTOR
Trustee or director
1$0
LINDSEY CRISPTREASURER
Trustee or director, Officer
2$0
MICHELLE CLANCY FULLERDIRECTOR
Trustee or director
1$0
PAM HARRISPRESIDENT
Trustee or director, Officer
1$0
CHRIS RESPESSDIRECTOR
Trustee or director
1$0
MIKE ROCCHIODIRECTOR
Trustee or director
1$0
GEORGE SLOANDIRECTOR
Trustee or director
1$0
CHRISTOPHER WHITEHEADDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7155 RIVER RD, WASHINGTON, NC 27889-6613
Principal officer (990 for 2024)
LINDSEY CRISP, 7155 RIVER ROAD, WASHINGTON, NC 27889
Signed the 990
LINDSEY CRISP, TREASURER
Phone
(252) 946-1514
Return prepared by
SEILER SINGLETON & ASSOCIATES PA

Mission

WASHINGTON YACHT AND COUNTRY CLUB IS A MEMBER-OWNED COUNTRY CLUB WHOSE MISSION IS TO PROVIDE PREMIER SERVICES AND FACILITIES TO ITS MEMBERS, THEIR FAMILIES AND GUESTS, FOR THE ENJOYMENT OF THE FINEST TRADITIONS OF GOLF, YACHTING, SWIMMING, TENNIS, AND DINING.

990 for the year ended December 31, 2024

Program accomplishments

  • N/A

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0523297
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1950
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$894,637
Income (IRS master file)
$2,287,699

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,859,824$1,847,330$894,637XML
990December 2023$1,737,397$1,892,716$882,269XML
990December 2022$1,882,670$1,991,429$1,001,420IRS
990December 2021–––IRS
990March 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 56-0523297).

Questions about WASHINGTON YACHT & COUNTRY CLUB INC

What is the EIN of WASHINGTON YACHT & COUNTRY CLUB INC?
The employer identification number (EIN) of WASHINGTON YACHT & COUNTRY CLUB INC is 56-0523297.
Is WASHINGTON YACHT & COUNTRY CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1950.
Are donations to WASHINGTON YACHT & COUNTRY CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WASHINGTON YACHT & COUNTRY 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 WASHINGTON YACHT & COUNTRY 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 WASHINGTON YACHT & COUNTRY 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 WASHINGTON YACHT & COUNTRY CLUB INC?
The 990 for the year ended December 31, 2024 names LINDSEY CRISP.
Who are the officers and directors of WASHINGTON YACHT & COUNTRY CLUB INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does WASHINGTON YACHT & COUNTRY CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,859,824, expenses of $1,847,330 and total assets of $894,637 at year end.

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