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Nonprofit · EIN 63-0249756

FAIRHOPE YACHT CLUB

Tax-exempt · FAIRHOPE, AL 36533

Financials

$2.2M$2.3M2023$2.5M$2.5M2024$2.7M$2.5M2025
Revenue Expenses · by fiscal year end
Financials of FAIRHOPE YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,724,017$2,483,372$240,645$6,858,978$4,903,801$1,955,177
December 31, 2024990$2,490,625$2,495,655-$5,030$6,674,927$4,960,288$1,714,639
December 31, 2023990$2,246,405$2,273,960-$27,555$6,771,798$5,052,128$1,719,670
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,182,910
Membership dues
$893,630
Program service revenue
$378,109
Investment income
$31,377
Net rental income
$21,823
Net income from sales of inventory
$1,099,118
Other revenue
$1,131,621

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$321,402
Salaries, compensation and benefits (total)
$1,078,646
Professional fundraising fees
$0
Accounting fees
$1,455
Travel
$8,886
Depreciation
$356,782
Program services (functional)
$445,861
Management and general (functional)
$2,037,511

Balance sheet and other

Total assets, start of year
$6,674,928
Total assets, end of year
$6,858,978
Total liabilities, end of year
$4,903,801
Net assets, end of year
$1,955,177
Land, buildings and equipment
$4,736,406
Gross unrelated business income
$25,638
Gross receipts
$3,269,012
Employees
79
Volunteers
150
Year formed
1944
State of legal domicile
AL

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
David WillitsGeneral Manager
Key employee
40$125,873
Pat ColvinOffice Manager
Key employee
40$61,346
Ellis OllingerBoard Chairman
Trustee or director
8$0
David RobertsBoard Member
Trustee or director
8$0
Randy Fitz-WainwrightBoard Member
Trustee or director
8$0
Michael AmosBoard Member
Trustee or director
8$0
Bob KilnerBoard Member
Trustee or director
8$0
Phillip DurantBoard Member
Trustee or director
8$0
Dan BeasleyBoard Member
Trustee or director
8$0
John AdamsCommodore
Officer
16$0
Steve SavareseVice Commodore
Officer
8$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
David WillitsGeneral Manager
Key employee
40$126,508
Pat ColvinOffice Manager
Key employee
40$60,113
Catherin CromartieBoard Chairman
Trustee or director
8$0
David RobertsBoard Member
Trustee or director
8$0
John CockeBoard Member
Trustee or director
8$0
Michael AmosBoard Member
Trustee or director
8$0
Monty MontgomeryBoard Member
Trustee or director
8$0
Scot HartwellBoard Member
Trustee or director
8$0
Bob KinlerBoard Member
Trustee or director
8$0
Philip DurantCommodore
Officer
16$0
John AdamsVice Commodore
Officer
8$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
David WillitsGeneral Manager
Key employee
40$90,000
Pat ColvinOffice Manager
Key employee
40$55,689
Dan HerzogBoard Chairman
Trustee or director
8$0
Cathy CromartieBoard Member
Trustee or director
8$0
Scott HartweelBoard Member
Trustee or director
8$0
Ellis OllingerBoard Member
Trustee or director
8$0
Monty MontgomeryBoard Member
Trustee or director
8$0
Bob KnappBoard Member
Trustee or director
8$0
John CockeBoard Member
Trustee or director
8$0
Philip DurantCommodore
Officer
16$0

Address and contacts

Address (IRS master file)
PO BOX 1327, FAIRHOPE, AL 36533-1327
In care of
% CAROLYN ROBBERSON
Principal officer (990 for 2025)
Carolyn Robberson, PO BOX 1327, FAIRHOPE, AL 365331327
Signed the 990
Pat Colvin, Office Manager
Phone
(251) 928-3276

Mission

The organizations purpose is to support and encourage the sport of yachting including sailing racing power boating and cruising provide good fellowship among members and to encourage sportsmanship and general boating safety.

990 for the year ended December 31, 2025

Program accomplishments

  • Harbor Slips: Sailing and power boat slips with boat ramp and one hoist 400 members involved
    Expenses $172,602 · revenue $172,368
  • Jr Sailing and training programs for4 high school programs for local high school students also with Jr Yacht Club Members. Race and Regatta including fleet committee boat and other sponsored regattas.
    Expenses $252,727 · revenue $201,926
  • Mainsheet - Information publication
    Expenses $20,531 · revenue $3,815

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
63-0249756
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,858,978
Income (IRS master file)
$3,269,012

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,724,017$2,483,372$6,858,978IRS
990December 2024$2,490,625$2,495,655$6,674,927XML
990December 2023$2,246,405$2,273,960$6,771,798XML
990December 2022$2,071,276$1,970,717$6,893,527IRS
990December 2021–––IRS
990December 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 63-0249756).

Questions about FAIRHOPE YACHT CLUB

What is the EIN of FAIRHOPE YACHT CLUB?
The employer identification number (EIN) of FAIRHOPE YACHT CLUB is 63-0249756.
Is FAIRHOPE YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1986.
Are donations to FAIRHOPE YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FAIRHOPE 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 FAIRHOPE 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 FAIRHOPE 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 FAIRHOPE YACHT CLUB?
The 990 for the year ended December 31, 2025 names Carolyn Robberson.
Who are the officers and directors of FAIRHOPE YACHT CLUB?
The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $125,873 (David Willits, General Manager).
How much revenue does FAIRHOPE YACHT CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,724,017, expenses of $2,483,372 and total assets of $6,858,978 at year end.

Other nonprofits in FAIRHOPE

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