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Nonprofit · EIN 63-6015448

LAKE GUNTERSVILLE YACHT CLUB

Tax-exempt · GUNTERSVILLE, AL 35976

Financials

$540K$481K2023$575K$494K2024
Revenue Expenses · by fiscal year end
Financials of LAKE GUNTERSVILLE YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$574,679$494,355$80,324$1,029,563$393,688$635,875
December 31, 2023990$539,988$481,408$58,580$969,417$413,866$555,551
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$574,679
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$107,980
Salaries, compensation and benefits (total)
$116,414
Professional fundraising fees
$0
Accounting fees
$820
Travel
$1,862
Depreciation
$94,397
Management and general (functional)
$494,355

Balance sheet and other

Total assets, start of year
$969,417
Total assets, end of year
$1,029,563
Total liabilities, end of year
$393,688
Net assets, end of year
$635,875
Land, buildings and equipment
$693,647
Net assets without donor restrictions
$635,875
Gross receipts
$574,679
Employees
3
Year formed
1942
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAY ARNOLDBOARD MEMBER
Trustee or director
1$0
STEVE BOSSEVICE COMM.
Trustee or director, Officer
2$0
SKIP BOYERBOARD MEMBER
Trustee or director
1$0
CRAIG CHEEKSECRETARY
Trustee or director, Officer
2$0
GREG CREECHREAR COMM.
Trustee or director, Officer
2$0
MATT CROWEBOARD MEMBER
Trustee or director
1$0
GLENN CURENTONEXEC COMMITT
Trustee or director
1$0
MARCIA ELKINSBOARD MEMBER
Trustee or director
1$0
KURT KRALLFLEET CAPTAI
Trustee or director, Officer
2$0
JACK LYDICKBOARD MEMBER
Trustee or director
1$0
BILLY MCCARTYCOMMODORE
Trustee or director, Officer
2$0
DICK MORTIMERBOARD MEMBER
Trustee or director
1$0
TOMMY PEARSONBOARD MEMBER
Trustee or director
1$0
BOYCE ROSSTREASURER
Trustee or director, Officer
2$0
PETE VAN STAAGENIMMEDIATE PA
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
PAUL TATUMBOARD MEMBER
Trustee or director
1$0
CAROL TURNERBOARD MEMBER
Trustee or director
1$0
SHANE WILKSCHAIRMAN
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
STEVE BOSSEREAR COMM.
Trustee or director, Officer
2$0
SKIP BOYERBOARD MEMBER
Trustee or director
1$0
GREG CREECHTREASURER
Trustee or director, Officer
2$0
GLENN CURENTONCHAIRMAN
Trustee or director
1$0
MARCIA ELKINSBOARD MEMBER
Trustee or director
1$0
HELEN FACHETBOARD MEMBER
Trustee or director
1$0
LARRY HEDDENMEMBER AT LA
Trustee or director
1$0
KURT KRALLBOARD MEMBER
Trustee or director
1$0
JACK LYDICKBOARD MEMBER
Trustee or director
1$0
BILLY MCCARTYVICE COMM.
Trustee or director, Officer
2$0
DICK MORTIMERBOARD MEMBER
Trustee or director
1$0
RANDY NORMANBOARD MEMBER
Trustee or director
1$0
DAVE NYENHUISFLEET CAPTAI
Trustee or director, Officer
2$0
TOMMY PEARSONBOARD MEMBER
Trustee or director
1$0
BOYCE ROSSSECRETARY
Trustee or director, Officer
2$0
PETE VAN STAAGENCOMMODORE
Trustee or director, Officer
2$0
PAUL TATUMBOARD MEMBER
Trustee or director
1$0
CHUCK WILLISIMMEDIATE PA
Trustee or director
1$0

Address and contacts

Address (IRS master file)
498 YACHT CLUB RD, GUNTERSVILLE, AL 35976-8666
Principal officer (990 for 2024)
BILLY MCCARTY, 498 YACHT CLUB ROAD, GUNTERSVILLE, AL 35976
Signed the 990
BILLY MCCARTY, COMMODORE
Phone
(256) 582-4410
Return prepared by
DOLLAR & WATSON LLC

Mission

YACHT CLUB ORGANIZED FOR THE PURPOSE OF PROMOTING SOCIAL FELLOWSHIP AMONG, AND TO FURNISH PLEASURE, HAPPINESS, HEALTH AND RECREATION TO ITS MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • YACHT CLUB ORGANIZED FOR THE PURPOSE OF PROMOTING SOCIAL FELLLOWSHIP AMONG, AND TO FURNISH PLEASURE, HAPPINESS, HEALTH AND RECREATION TO ITS MEMBERS.

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
63-6015448
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1952
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,029,563
Income (IRS master file)
$574,679

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$574,679$494,355$1,029,563IRS
990December 2023$539,988$481,408$969,417XML
990December 2022$473,981$494,192$935,187IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 63-6015448).

Questions about LAKE GUNTERSVILLE YACHT CLUB

What is the EIN of LAKE GUNTERSVILLE YACHT CLUB?
The employer identification number (EIN) of LAKE GUNTERSVILLE YACHT CLUB is 63-6015448.
Is LAKE GUNTERSVILLE YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1952.
Are donations to LAKE GUNTERSVILLE YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE GUNTERSVILLE 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 LAKE GUNTERSVILLE YACHT CLUB 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 LAKE GUNTERSVILLE YACHT CLUB 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 LAKE GUNTERSVILLE YACHT CLUB?
The 990 for the year ended December 31, 2024 names BILLY MCCARTY.
Who are the officers and directors of LAKE GUNTERSVILLE YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does LAKE GUNTERSVILLE YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $574,679, expenses of $494,355 and total assets of $1,029,563 at year end.

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