Nonprofit · EIN 64-0629203
OCEAN SPRINGS YACHT CLUB INC
Tax-exempt · OCEAN SPRINGS, MS 39564
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,054,880 | $1,025,721 | $29,159 | $1,989,251 | $952,909 | $1,036,342 |
| December 31, 2024 | 990 | $1,033,267 | $1,033,015 | $252 | $2,001,282 | $994,099 | $1,007,183 |
| December 31, 2023 | 990 (amended) | $1,183,527 | $966,628 | $216,899 | $2,075,375 | $1,068,923 | $1,006,452 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $828,095
- Membership dues
- $812,852
- Program service revenue
- $0
- Investment income
- $8,938
- Net income from fundraising events
- -$8,120
- Net income from sales of inventory
- $175,077
- Other revenue
- $217,847
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $476,657
- Salaries, compensation and benefits (total)
- $547,889
- Professional fundraising fees
- $0
- Accounting fees
- $32,653
- Occupancy
- $93,538
- Depreciation
- $68,860
- Program services (functional)
- $41,091
- Management and general (functional)
- $5,432
Balance sheet and other
- Total assets, start of year
- $2,001,282
- Total assets, end of year
- $1,989,251
- Total liabilities, end of year
- $952,909
- Net assets, end of year
- $1,036,342
- Land, buildings and equipment
- $1,539,738
- Net assets without donor restrictions
- $1,036,342
- Gross unrelated business income
- $8,938
- Gross receipts
- $1,592,463
- Employees
- 73
- Volunteers
- 15
- Year formed
- 1969
- State of legal domicile
- MS
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 |
|---|---|---|---|
| MICHAEL RAMSEY | COMMODORE Officer | 5 | $0 |
| SANDRA CARTER | VICE COMMODORE Officer | 5 | $0 |
| BRUCE SMALL | REAR COMMODORE Officer | 4 | $0 |
| CYNTHIA MONCREIFF | FLEET CAPTAIN Officer | 2 | $0 |
| VINCE SMITH | SECRETARY Officer | 5 | $0 |
| MEADE TYLER | TREASURER Officer | 5 | $0 |
| CAROL KOVACIVICH | PAST COMMODORE Officer | 4 | $0 |
| ROBERT DALGO | BOARD MEMBER Officer | 2 | $0 |
| NANCY ALLEN | BOARD MEMBER Officer | 2 | $0 |
| DREW DEMBOSKI | BOARD MEMBER Officer | 2 | $0 |
| CONNIE MORAN | BOARD MEMBER Officer | 2 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM BUCHANAN | SECRETARY Officer | 5 | $0 |
| LLOYD HEBERT | PAST COMMODORE Officer | 4 | $0 |
| CARROLL KOVACEVICH | VICE COMMODORE Officer | 5 | $0 |
| NICOLE MCCLENDON | COMMODORE Officer | 5 | $0 |
| MICHAEL RAMSEY | REAR COMMADORE Officer | 4 | $0 |
| AMANDA ROMANO | FLEET CAPTAIN Officer | 2 | $0 |
| MEADE TYLER | TREASURER Officer | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM BUCHANAN | SECRETARY Officer | 5 | $0 |
| LLOYD HEBERT | PAST COMMODO Officer | 4 | $0 |
| CARROLL KOVACEVICH | VICE COMMODO Officer | 5 | $0 |
| NICOLE MCCLENDON | COMMODORE Officer | 5 | $0 |
| MICHAEL RAMSEY | REAR COMMADO Officer | 4 | $0 |
| AMANDA ROMANO | FLEET CAPTAI Officer | 2 | $0 |
| MEADE TYLER | TREASURER Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 100 FRONT BEACH DR, OCEAN SPRINGS, MS 39564-4515
- Principal officer (990 for 2025)
- MEADE TYLER, 100 FRONT BEACH, OCEAN SPRINGS, MS 39564
- Signed the 990
- MEADE TYLER, TREASURER
- Phone
- (228) 875-1915
- Return prepared by
- Kelly M McElhaney CPA
Mission
TO PROMOTE, FOSTER AND AFFORD OPPORTUNITIES FOR THE ENJOYMENT OF BOATING; TO OPERATE A YACHT CLUB
Program accomplishments
- TO PROMOTE, FOSTER AND AFFORD OPPORTUNITIES FOR THE ENJOYMENT OF BOATING; TO OPERATE A YACHT CLUB FOR THE BENEFIT OF ITS MEMBERS. TO PROVIDE SOCIAL INTERACTION AND INTELLECTUAL IMPROVEMENT AND AMUSEMENT 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 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
- 64-0629203
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,989,251
- Income (IRS master file)
- $1,592,463
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,054,880 | $1,025,721 | $1,989,251 | XML |
| 990 | December 2024 | $1,033,267 | $1,033,015 | $2,001,282 | XML |
| 990 | December 2023 | $1,183,527 | $966,628 | $2,075,375 | XML |
| 990 | December 2022 | $889,295 | $855,721 | $1,908,326 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 64-0629203).
Questions about OCEAN SPRINGS YACHT CLUB INC
- What is the EIN of OCEAN SPRINGS YACHT CLUB INC?
- The employer identification number (EIN) of OCEAN SPRINGS YACHT CLUB INC is 64-0629203.
- Is OCEAN SPRINGS YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1980.
- Are donations to OCEAN SPRINGS YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OCEAN SPRINGS 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 OCEAN SPRINGS 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 OCEAN SPRINGS 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 OCEAN SPRINGS YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 names MEADE TYLER.
- Who are the officers and directors of OCEAN SPRINGS YACHT CLUB INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does OCEAN SPRINGS YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,054,880, expenses of $1,025,721 and total assets of $1,989,251 at year end.
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