Nonprofit · EIN 62-6007575
PRIVATEER YACHT CLUB INC
Tax-exempt · HIXSON, TN 37343
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $399,562 | $287,419 | $112,143 | $941,826 | $6,495 | $935,331 |
| December 31, 2024 | 990 | $197,895 | $199,771 | -$1,876 | $829,202 | $6,014 | $823,188 |
| December 31, 2023 | 990 | $210,531 | $166,654 | $43,877 | $854,837 | $29,773 | $825,064 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $287,347
- Membership dues
- $271,998
- Program service revenue
- $108,741
- Investment income
- $3,474
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $12,205
- Accounting fees
- $675
- Occupancy
- $58,287
- Depreciation
- $42,317
- Program services (functional)
- $287,419
Balance sheet and other
- Total assets, start of year
- $829,202
- Total assets, end of year
- $941,826
- Total liabilities, end of year
- $6,495
- Net assets, end of year
- $935,331
- Land, buildings and equipment
- $615,817
- Gross receipts
- $399,562
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1940
- State of legal domicile
- TN
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 |
|---|---|---|---|
| WILLIAM ROBERTSON | COMMODORE Officer | 15 | $0 |
| ANDREW POSTELL | VICE COMMODORE Officer | 10 | $0 |
| SCOTT CLINE | REAR COMMODORE Officer | 10 | $0 |
| LINDA LIND | TREASURER Officer | 15 | $0 |
| ADAM ANKARS | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ORENDA GREGORY | COMMODORE Officer | 15 | $0 |
| BILL ROBERTSON | VICE COMMODORE Officer | 10 | $0 |
| ANDREW POSTELL | REAR COMMODORE Officer | 10 | $0 |
| BILL JENNINGS | TREASURER Officer | 15 | $0 |
| ADAM ANKAR | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM CLARK | PAST COMMODORE Officer | 20 | $0 |
| FRANK HUGHES | COMMODORE Officer | 15 | $0 |
| BILL ROBERTSON | VICE COMMODORE Officer | 10 | $0 |
| ORENDA GREGORY | REAR COMMODORE Officer | 10 | $0 |
| TINA MARX | TREASURER Officer | 15 | $0 |
| BILL JENKINS | SECRETARY Officer | 5 | $0 |
| KATIE LANDERS | SOCIAL CHAIR Trustee or director | 5 | $0 |
| LYNN BRUSS | MEMBERSHIP CHAIR Trustee or director | 5 | $0 |
| MARK MENTGEN | DOCKMASTER Trustee or director | 5 | $0 |
| ED CRAIG | CLUB BOATS Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1041, HIXSON, TN 37343-1041
- Principal officer (990 for 2025)
- Bill Jennings, PO BOX 203, HIXSON, TN 37343
- Signed the 990
- LINDA K LIND, TREASURER
- Phone
- (423) 877-9411
- Website
- WWW.PRIVATEERYACHTCLUB.ORG
- Return prepared by
- DAVID G QUEEN CPA
Mission
PROMOTE SAILING, WATERSPORTS AND ATHLETIC ENDEAVORS ON AND IN THE VICINITY OF THE TENNESSEE VALLEY LAKES.
Program accomplishments
- PRIVATEER YACHT CLUB HOSTS SEVERAL SUCCESSFUL REGATTAS THROUGHOUT THE YEAR.Expenses $7,870 · revenue $7,705
- PRIVATEER YACHT CLUB PROMOTES MEMBER INTERACTIONS THROUGHOUT THE YEAR THROUGH SOCIALS.Expenses $19,648 · revenue $9,792
- DOCK INCOME AND OTHER MISCELLANEOUS INCOMEExpenses $259,901 · revenue $220,559
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
- 62-6007575
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $941,826
- Income (IRS master file)
- $399,562
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $399,562 | $287,419 | $941,826 | XML |
| 990 | December 2024 | $197,895 | $199,771 | $829,202 | XML |
| 990 | December 2023 | $210,531 | $166,654 | $854,837 | XML |
| 990 | December 2022 | $196,282 | $195,505 | $828,711 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 62-6007575).
Questions about PRIVATEER YACHT CLUB INC
- What is the EIN of PRIVATEER YACHT CLUB INC?
- The employer identification number (EIN) of PRIVATEER YACHT CLUB INC is 62-6007575.
- Is PRIVATEER YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1953.
- Are donations to PRIVATEER YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PRIVATEER 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 PRIVATEER 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 PRIVATEER 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 PRIVATEER YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names Bill Jennings.
- Who are the officers and directors of PRIVATEER YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PRIVATEER YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $399,562, expenses of $287,419 and total assets of $941,826 at year end.
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