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Nonprofit · EIN 91-1455403

NORTHWEST YACHT BROKERS ASSOCIATION

Tax-exempt · SEATTLE, WA 98109

Financials

$1M$1.1M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of NORTHWEST YACHT BROKERS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,199,937$1,246,418-$46,481$310,881$3,089$307,792
December 31, 2023990$1,023,580$1,071,106-$47,526$376,781$5,049$371,732
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,187,337
Investment income
$12,600
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$118,441
Salaries, compensation and benefits (total)
$127,829
Professional fundraising fees
$0
Legal fees
$61,849
Accounting fees
$11,630
Occupancy
$109,915
Travel
$1,748
Depreciation
$2,759

Balance sheet and other

Total assets, start of year
$376,781
Total assets, end of year
$310,881
Total liabilities, end of year
$3,089
Net assets, end of year
$307,792
Land, buildings and equipment
$14,095
Publicly traded securities
$165,242
Net assets without donor restrictions
$307,792
Gross receipts
$1,199,937
Employees
1
Year formed
1988
State of legal domicile
WA

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
Byron ShirleyDirector
Trustee or director
1$0
Diego GomezDirector
Trustee or director
1$0
Ken MonaghanTreasurer
Trustee or director, Officer
1$0
Harry WalpPst Pres/Ex Brd
Trustee or director, Officer
1$0
Lesley BishopDirector
Trustee or director
1$0
Amy ThorntonDirector
Trustee or director
1$0
Ben JohnsonSecretary
Trustee or director, Officer
1$0
Tony WitekDirector
Trustee or director
1$0
Kevin BlakeDirector
Trustee or director
1$0
Ray ProkorymVice President
Trustee or director, Officer
1$0
Paul GroesbeckPresident
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Byron ShirleyDirector
Trustee or director
1$0
Frank O'NeilDirector
Trustee or director
1$0
Ken MonaghanDirector
Trustee or director
1$0
Harry WalpPst Pres/Ex Brd
Trustee or director, Officer
1$0
Lesley BishopDirector
Trustee or director
1$0
Amy ThorntonDirector
Trustee or director
1$0
Ben JohnsonSecretary
Trustee or director, Officer
1$0
Tony WitekVice President
Trustee or director, Officer
1$0
Kevin BlakeTreasurer
Trustee or director, Officer
1$0
Ray ProkorymDirector
Trustee or director
1$0
Paul GroesbeckPresident
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
901 FAIRVIEW AVE N STE A190, SEATTLE, WA 98109-4461
Principal officer (990 for 2024)
Paul Groesbeck, 901 Fairview Ave N Suite A-190, Seattle, WA 98109
Signed the 990
Ken Monaghan, Treasurer
Phone
(206) 748-0012
Return prepared by
HUEBNER DOOLEY & MCGINNESS PS

Mission

To promote boating to the general public by means of a boat show, clinics and seminars for business owners. To promote high standards for boating operations through conduct in the transacting of the yacht sales business, to instill into the boating public a greater confidence in yacht brokers and dealers, to encourage greater interest in the welfare and safety of the boating public through such endeavors as public education, lobbying efforts and cooperation with other organizations.

990 for the year ended December 31, 2024

Program accomplishments

  • The organization promotes boating to the general public by means of a boat show, clinics and seminars for business owners. High standards for boating operations are promoted through conduct in the transacting of the yacht sales business, to instill into the boating public a greater confidence in yacht brokers and dealers and to encourage greater interest in the welfare and safety of the boating public through such endeavors as public education, lobbying efforts and cooperation with other organizations.

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
91-1455403
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$310,881
Income (IRS master file)
$1,199,937

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,199,937$1,246,418$310,881IRS
990December 2023$1,023,580$1,071,106$376,781XML
990December 2022$883,525$1,139,521$413,265IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 91-1455403).

Questions about NORTHWEST YACHT BROKERS ASSOCIATION

What is the EIN of NORTHWEST YACHT BROKERS ASSOCIATION?
The employer identification number (EIN) of NORTHWEST YACHT BROKERS ASSOCIATION is 91-1455403.
Is NORTHWEST YACHT BROKERS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to NORTHWEST YACHT BROKERS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTHWEST YACHT BROKERS ASSOCIATION 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 NORTHWEST YACHT BROKERS 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 NORTHWEST YACHT BROKERS ASSOCIATION 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 NORTHWEST YACHT BROKERS ASSOCIATION?
The 990 for the year ended December 31, 2024 names Paul Groesbeck.
Who are the officers and directors of NORTHWEST YACHT BROKERS ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does NORTHWEST YACHT BROKERS ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,199,937, expenses of $1,246,418 and total assets of $310,881 at year end.

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