Nonprofit · EIN 57-0346483
BEAUFORT YACHT CLUB
Tax-exempt · BEAUFORT, SC 29901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $215,066 | $159,206 | $55,860 | $488,441 | $4,913 | $483,528 |
| December 31, 2024 | 990 | $214,133 | $159,169 | $54,964 | $443,272 | $15,605 | $427,667 |
| December 31, 2023 | 990 | $205,081 | $137,491 | $67,590 | $411,452 | $38,749 | $372,703 |
| December 31, 2022 | 990 | $207,831 | $114,647 | $93,184 | $309,101 | $3,988 | $305,113 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $223,100
- Membership dues
- $223,100
- Program service revenue
- $0
- Investment income
- $9,117
- Net income from sales of inventory
- -$17,151
- Other revenue
- -$17,151
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $51,552
- Salaries, compensation and benefits (total)
- $56,366
- Professional fundraising fees
- $0
- Accounting fees
- $5,810
- Occupancy
- $56,148
- Depreciation
- $2,464
Balance sheet and other
- Total assets, start of year
- $443,272
- Total assets, end of year
- $488,441
- Total liabilities, end of year
- $4,913
- Net assets, end of year
- $483,528
- Land, buildings and equipment
- $64,605
- Net assets without donor restrictions
- $483,528
- Gross receipts
- $261,643
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1908
- State of legal domicile
- SC
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 |
|---|---|---|---|
| PATRICK MITCHELL | COMMODORE Trustee or director | 2 | $0 |
| HARVEY MCCORMICK | SECRETARY Trustee or director | 2 | $0 |
| KENDALL F ERICKSON | TREASURER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK MITCHELL | COMMODORE Trustee or director | 2 | $0 |
| HARVEY MCCORMICK | SECRETARY Trustee or director | 2 | $0 |
| KENDALL F ERICKSON | TREASURER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK MITCHELL | COMMODORE Trustee or director | 2 | $0 |
| HARVEY MCCORMICK | SECRETARY Trustee or director | 2 | $0 |
| KENDALL F ERICKSON | TREASURER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK MITCHELL | COMMODORE Trustee or director | 2 | $0 |
| HARVEY MCCORMICK | SECRETARY Trustee or director | 2 | $0 |
| KENDALL F ERICKSON | TREASURER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 90, BEAUFORT, SC 29901-0090
- Principal officer (990 for 2025)
- KENDALL F ERICKSON, 806 BOUNDARY STREET, BEAUFORT, SC 29902
- Signed the 990
- KENDALL F ERICKSON, TREASURER
- Phone
- (843) 524-3003
- Return prepared by
- ERICKSON & ASSOCIATES LLC
Mission
CLUB ORGANIZED FOR PLEASURE AND RECREATION OF ITS MEMBERS.
Program accomplishments
- OPERATION OF DINING AND RECREATIONAL FACILITIES FOR MEMBERS AND GUESTS
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
- 57-0346483
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $488,441
- Income (IRS master file)
- $261,643
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $215,066 | $159,206 | $488,441 | IRS |
| 990 | December 2024 | $214,133 | $159,169 | $443,272 | IRS |
| 990 | December 2023 | $205,081 | $137,491 | $411,452 | XML |
| 990 | December 2022 | $207,831 | $114,647 | $309,101 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 57-0346483).
Questions about BEAUFORT YACHT CLUB
- What is the EIN of BEAUFORT YACHT CLUB?
- The employer identification number (EIN) of BEAUFORT YACHT CLUB is 57-0346483.
- Is BEAUFORT YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1991.
- Are donations to BEAUFORT YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BEAUFORT 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 BEAUFORT 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 BEAUFORT 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 BEAUFORT YACHT CLUB?
- The 990 for the year ended December 31, 2025 names KENDALL F ERICKSON.
- Who are the officers and directors of BEAUFORT YACHT CLUB?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BEAUFORT YACHT CLUB have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $215,066, expenses of $159,206 and total assets of $488,441 at year end.
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