Nonprofit · EIN 59-0595395
BRADENTON YACHT CLUB INC
Tax-exempt · PALMETTO, FL 34221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,264,249 | $4,844,457 | $419,792 | $5,766,543 | $1,187,981 | $4,578,562 |
| June 30, 2024 | 990 | $4,695,490 | $4,329,981 | $365,509 | $5,254,648 | $1,095,878 | $4,158,770 |
| June 30, 2023 | 990 | $4,164,006 | $3,880,412 | $283,594 | $4,885,582 | $1,092,321 | $3,793,261 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,138,895
- Investment income
- $41,782
- Net gain from sales of assets
- -$38,595
- Net income from sales of inventory
- $50,526
- Other revenue
- $83,572
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $354,729
- Other salaries and wages
- $1,541,038
- Salaries, compensation and benefits (total)
- $2,260,375
- Professional fundraising fees
- $0
- Occupancy
- $563,160
- Travel
- $1,761
- Depreciation
- $320,846
Balance sheet and other
- Total assets, start of year
- $5,254,648
- Total assets, end of year
- $5,766,543
- Total liabilities, end of year
- $1,187,981
- Net assets, end of year
- $4,578,562
- Land, buildings and equipment
- $3,470,367
- Net assets without donor restrictions
- $4,578,562
- Gross unrelated business income
- $320,078
- Gross receipts
- $5,878,459
- Employees
- 79
- Volunteers
- 100
- Year formed
- 1968
- State of legal domicile
- FL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| George Gordon | General Manager Officer | 40 | $172,763 | $13,796 |
| Alice McCann | Controller Officer | 40 | $124,614 | $11,345 |
| Howie Stein | Commodore Trustee or director, Officer | 3 | $2,448 | $0 |
| Kyle Grimes | Vice Commodore Trustee or director, Officer | 2.7 | $1,224 | $0 |
| Bob Murphy | Rear Commodore Trustee or director, Officer | 2.7 | $0 | $0 |
| Brian Moore | Treasurer Trustee or director, Officer | 3 | $0 | $0 |
| Jann Knighton | Secretary Trustee or director, Officer | 2.5 | $0 | $0 |
| Ali Breslav Goldberg | Director Trustee or director | 2.3 | $0 | $0 |
| Bobby Smith | Most Recent Past Commodore Trustee or director | 2.3 | $0 | $0 |
| Caitlin Coyle-Hausinger | Director Trustee or director | 2.3 | $0 | $0 |
| Diane Sullo | Director Trustee or director | 2.3 | $0 | $0 |
| Frank Albano | Director Trustee or director | 2.3 | $0 | $0 |
| Jason Joule | Fleet Captain Sport Fishing Trustee or director | 2.3 | $0 | $0 |
| Jeanne Reeves | Director Trustee or director | 2.3 | $0 | $0 |
| John Broshears | Fleet Captain Sail Trustee or director | 2.3 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Baker | Director Trustee or director | 2.3 | $0 |
| Spencer Heintz | Director Trustee or director | 2.3 | $0 |
| Steve Hatley | Fleet Captain Power Trustee or director | 2.3 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEORGE GORDON | GENERAL MANAGER Officer | 40 | $164,989 | $11,926 |
| ALICE MCCANN | CONTROLLER Officer | 40 | $111,180 | $10,115 |
| BOBBY SMITH | COMMODORE Trustee or director, Officer | 2.8 | $0 | $0 |
| HOWIE STEIN | VICE COMMODORE Trustee or director, Officer | 2.7 | $0 | $0 |
| KYLE GRIMES | REAR COMMODORE Trustee or director, Officer | 2.7 | $0 | $0 |
| CINDY RHATEGAN | PAST COMMODORE Trustee or director | 2.3 | $0 | $0 |
| JANN KNIGHTON | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| SUSAN TIBBITS | TREASURER Trustee or director, Officer | 2.8 | $0 | $0 |
| LANEY ORTEGA | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| STEVE HATLEY | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| JASON JOULE | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| DIANE SULLO | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| ALI BRESLAV-GOLDBERG | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| JEANNE REEVES | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| FRED RUGGIERO | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| ROBIN MOSHER | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| RYAN DENTON | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| CAITLIN COYLE-HAUSINGER | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GEORGE GORDON | GENERAL MANAGER Officer | 40 | $159,163 | $11,480 |
| ALICE MCCANN | CONTROLLER Officer | 40 | $95,011 | $8,860 |
| CINDY RHATEGAN | COMMODORE Trustee or director, Officer | 2.8 | $0 | $0 |
| BOBBY SMITH | VICE COMMODORE Trustee or director, Officer | 2.3 | $0 | $0 |
| HOWIE STEIN | REAR COMMODORE Trustee or director, Officer | 2.7 | $0 | $0 |
| JOHN IZMIRLIAN | PAST COMMODORE Trustee or director | 2.3 | $0 | $0 |
| SUSAN TIBBITS | TREASURER Trustee or director, Officer | 2.8 | $0 | $0 |
| JANN KNIGHTON | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| BOB HENDERSON | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| LANEY ORTEGA | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| KYLE GRIMES | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| JEANNE REEVES | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| DIANE SULLO | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| ROBIN MOSHER | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| FRED RUGGIERO | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| BOB FINCK | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| RYAN DENTON | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
| CAITLIN HAUSINGER | DIRECTOR Trustee or director | 2.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4307 13TH ST W, PALMETTO, FL 34221-5703
- Principal officer (990 for 2024)
- Kyle Grimes, 4307 Snead Island Road, Palmetto, FL 34221
- Signed the 990
- Kyle Grimes, Commodore
- Phone
- (941) 722-5936
- Website
- WWW.BRADENTONYACHTCLUB.COM
- Return prepared by
- Mauldin & Jenkins LLC
Mission
The Bradenton Yacht Club is a member-owed, private yacht club which serves its member families by providing boating, recreation and social activities, and maintains an extensive club campus and marina for the membership to enjoy club activities and to connect with other members who are inclined to the boating lifestyle. In addition, BYC reaches out to the broader, non-member boating communities by sponsoring youth sailing, fishing tournaments, regattas and boat parades. BYC is also a founding member of the Florida Council of Yacht Clubs which provides reciprocity between our club and the other member-owned yacht clubs in the FCYC.
Program accomplishments
- Restaurant and Bar - the Bradenton Yacht Club provides dining and bar facilities to its members for regular use.Expenses $2,718,116 · revenue $1,612,430
- Operation of a membership yacht club.Expenses $1,908,721 · revenue $2,973,861
- Yacht Basin- The Bradenton Yacht Club provides boat slips and storage space for the use of members of the club.Expenses $217,620 · revenue $396,475
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0595395
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,766,543
- Income (IRS master file)
- $5,878,459
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,264,249 | $4,844,457 | $5,766,543 | XML |
| 990 | June 2024 | $4,695,490 | $4,329,981 | $5,254,648 | XML |
| 990 | June 2023 | $4,164,006 | $3,880,412 | $4,885,582 | XML |
| 990 | June 2022 | $4,143,061 | $3,623,459 | $4,522,424 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 59-0595395).
Questions about BRADENTON YACHT CLUB INC
- What is the EIN of BRADENTON YACHT CLUB INC?
- The employer identification number (EIN) of BRADENTON YACHT CLUB INC is 59-0595395.
- Is BRADENTON YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
- Are donations to BRADENTON YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BRADENTON 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 BRADENTON YACHT CLUB INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRADENTON YACHT CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BRADENTON YACHT CLUB INC?
- The 990 for the year ended June 30, 2025 names Kyle Grimes.
- Who are the officers and directors of BRADENTON YACHT CLUB INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 4 received compensation from the organization, the highest $172,763 (George Gordon, General Manager).
- How much revenue does BRADENTON YACHT CLUB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,264,249, expenses of $4,844,457 and total assets of $5,766,543 at year end.
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