Nonprofit · EIN 81-2859255
CLASSIC YACHT OWNERS ASSOCIATION
Tax-exempt · BRISTOL, RI 02809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $46,195 | $45,170 | $1,025 | $53,943 | – | $53,943 |
| December 31, 2023 | 990-EZ | $38,072 | $38,900 | -$828 | $52,918 | – | $52,918 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $46,195
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,278
- Other expenses
- $43,892
- Program services (functional)
- $43,891
Balance sheet and other
- Total assets, start of year
- $52,918
- Total assets, end of year
- $53,943
- Total liabilities, end of year
- –
- Net assets, end of year
- $53,943
- Cash, savings and investments
- $53,943
- Gross receipts
- $46,195
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jamie Landi | Director | 1 | $0 |
| Andrew Nutton | Director | 1 | $0 |
| Steve White | Chairman | 2 | $0 |
| Bill Lynn | Executive Dir. | 2 | $0 |
| Timmy Dittrich | Chairman | 2 | $0 |
| Charles Willauer | Treasurer | 2 | $0 |
| Phillip Smith | Secretary | 1 | $0 |
| Jens Lange | Director | 1 | $0 |
| Drew Lyman | Director | 1 | $0 |
| Thomas Ashton | Director | 1 | $0 |
| Mike Emmert | Director | 1 | $0 |
| Chris Foley | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve White | Chairman | 2 | $0 |
| Bill Lynn | Chairman | 2 | $0 |
| Timmy Dittrich | Secretary | 2 | $0 |
| Diana Brown | Treasurer | 2 | $0 |
| Dennis Gunderson | Director | 1 | $0 |
| Jens Lange | Director | 1 | $0 |
| Drew Lyman | Director | 1 | $0 |
| Thom Ashton | Director | 1 | $0 |
| Mike Emmert | Director | 1 | $0 |
| Joel Labuzetta | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 480, BRISTOL, RI 02809-0480
- In care of
- % NEWPORT SHIPYARD & MARINA
- Signed the 990-EZ
- Charles Willauer, Treasurer
- Phone
- (617) 645-8124
- Return prepared by
- Adam Financial LLP
Mission
The organization is formed for the purpose of promoting the history, heritage and use of classic sailing yachts through educational workshops, tours, instruction in sailing, craftsmanship and repair of classic sailing vessels and fostering the sport of amateur classic yacht sailing.
Program accomplishments
- Promoting of the history, heritage and use of classic sailing yachts through educational workshops, tours, instruction in sailing, craftsmanship and repair of classic sailing vessels and fostering the sport of amateur classic yacht sailing.Expenses $43,891
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-2859255
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $53,943
- Income (IRS master file)
- $46,195
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $46,195 | $45,170 | $53,943 | XML |
| 990-EZ | December 2023 | $38,072 | $38,900 | $52,918 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | 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 81-2859255).
Questions about CLASSIC YACHT OWNERS ASSOCIATION
- What is the EIN of CLASSIC YACHT OWNERS ASSOCIATION?
- The employer identification number (EIN) of CLASSIC YACHT OWNERS ASSOCIATION is 81-2859255.
- Is CLASSIC YACHT OWNERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to CLASSIC YACHT OWNERS ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLASSIC YACHT OWNERS ASSOCIATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CLASSIC YACHT OWNERS ASSOCIATION 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 CLASSIC YACHT OWNERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of CLASSIC YACHT OWNERS ASSOCIATION?
- The 990-EZ for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does CLASSIC YACHT OWNERS ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $46,195, expenses of $45,170 and total assets of $53,943 at year end.
Other nonprofits in BRISTOL
- UNITED STATES SAILING ASSOCIATION INC EIN 13-1671529 · last filed 990 for 2025
- CAMP SUREFIRE FOUNDATION EIN 26-4816130 · last filed 990 for 2025
- UNITED STATES SAILING FOUNDATON EIN 22-2667411 · last filed 990 for 2025
- BRISTOL YOUTH SOCCER ASSOCIATION EIN 47-3730008 · last filed 990-EZ for 2025
- CATBOAT ASSOCIATION INC EIN 04-2774230 · last filed 990-EZ for 2025
- NARRAGANSETT BAY YACHTING ASSOCIATION INC EIN 05-0357235 · last filed 990-EZ for 2025
- 2ND WIND FOUNDATION EIN 92-3335895 · last filed 990-PF for 2023
- BRISTOL YOUTH FLAG FOOTBALL LEAGUE INC EIN 41-2744282 · last filed 990-N for 2025
All nonprofits in BRISTOL · Rhode Island · Recreation and sports