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Nonprofit · EIN 93-0830589

ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC

Tax-exempt · OAKLAND, CA 94607

Financials

$414K$509K2023$930K$699K2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$929,810$699,224$230,586$1,649,148$1,166,741$482,407
December 31, 2023990$414,450$508,791-$94,341$1,467,235$1,215,414$251,821
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$647,290
of which government grants
$415,470
Program service revenue
$208,665
Investment income
$39,020
Net rental income
$26,277
Net income from fundraising events
$4,348
Net income from sales of inventory
$4,210
Other revenue
$34,835

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$195,443
Salaries, compensation and benefits (total)
$218,013
Professional fundraising fees
$0
Legal fees
$18,342
Occupancy
$78,148
Depreciation
$26,782
Program services (functional)
$525,882
Management and general (functional)
$97,673
Fundraising (functional)
$75,669

Balance sheet and other

Total assets, start of year
$1,467,235
Total assets, end of year
$1,649,148
Total liabilities, end of year
$1,166,741
Net assets, end of year
$482,407
Land, buildings and equipment
$251,892
Net assets without donor restrictions
$482,407
Gross unrelated business income
$26,277
Gross receipts
$1,110,303
Employees
11
Volunteers
75
Year formed
1983
State of legal domicile
CA

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
Walter AbernathyBoard
Trustee or director
2$0
Rick AndersonBoard
Trustee or director
1$0
Carla Betts1st VP
Trustee or director, Officer
1$0
Tom BurstCFO
Trustee or director
1$0
Ruthmary CradlerBoard
Trustee or director
1$0
Ron ParedesBoard
Trustee or director
1$0
Michael A RooseveltChairman
Trustee or director
2$0
Benedict BowlerTreasurer
Trustee or director, Officer
2$0
Nancy ElbeckOffice Manager
Trustee or director
1$0
Jack Lapidos2nd VP
Trustee or director, Officer
1$0
H Wayne GoodroeSecretary
Trustee or director, Officer
1$0
Eileen MoncourBoard
Trustee or director
1$0
Christoper MarshallBoard
Trustee or director
1$0
Joe BrenanBoard
Trustee or director
1$0
Dennis Rayer2nd VP
Trustee or director, Officer
2$0
7 more people on this return
NameTitleHours / weekCompensation
Steven HansonPresident
Trustee or director, Officer
1$0
Joseph HaraburdaBoard
Trustee or director
1$0
Jeff WallaceBoard
Trustee or director
1$0
Jock PutneyBoard
Trustee or director
1$0
Stan HebertBoard
Trustee or director
1$0
Michael HennneberryBoard
Trustee or director
1$0
Jonathan OgleBoard
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
Walter AbernathyBoard
Trustee or director
2$0
Rick AndersonBoard
Trustee or director
1$0
Carla Betts1st VP
Trustee or director, Officer
1$0
Tom BurstCFO
Trustee or director, Officer
1$0
Ruthmary CradlerBoard
Trustee or director
1$0
Ron ParedesBoard
Trustee or director
1$0
Michael A RooseveltChairman
Trustee or director
2$0
Benedict BowlerTreasurer
Trustee or director, Officer
2$0
Nancy ElbeckOffice Manager
Trustee or director
1$0
Jack Lapidos2nd VP
Trustee or director, Officer
1$0
H Wayne GoodroeSecretary
Trustee or director, Officer
1$0
Eric ParkerBoard
Trustee or director
1$0
Christoper MarshallBoard
Trustee or director
1$0
Joe BrenanBoard
Trustee or director
1$0
Dennis Rayer2nd VP
Trustee or director, Officer
2$0
Steven HansonPresident
Trustee or director, Officer
1$0
Joseph HaraburdaBoard
Trustee or director
1$0
Jeff WallaceBoard
Trustee or director
1$0
Jock PutneyBoard
Trustee or director
1$0
Stan HebertBoard
Trustee or director
1$0
Michael HennneberryBoard
Trustee or director
1$0
Jonathan OgleBoard
Trustee or director
1$0

Address and contacts

Address (IRS master file)
540 WATER ST, OAKLAND, CA 94607-3746
Principal officer (990 for 2024)
Steven Hanson, PO Box 2064, Oakland, CA 94607
Signed the 990
Steven Hanson, President
Phone
(510) 627-1215
Return prepared by
Lapidos Leung & Francis Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 93-0830589 or by the name ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To preserve and protect the Presidential yacht Potomac for use as a classroom and museum dedicated to imparting to present and future generations the continuing impact of the Franklin Delano Roosevelt Era. All programming initiatives at the Potomac Association are emblematic of a strong and unwavering commitment to creating an engaging leasing environment.Preservation of the Presidential yacht Potomac. Making the yacht available for educational purposes (President Roosevelt years), Scenic tours, docent guided tours, etc.

990 for the year ended December 31, 2024

Program accomplishments

  • Preservation of the Presidential Yacht Potomac. Making the Yacht available for educational purposes (President Roosevelt years), Scenic Tours, Docent guided tours, Etc.
    Expenses $525,882 · revenue $929,811

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
93-0830589
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
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,649,148
Income (IRS master file)
$1,110,303

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$929,810$699,224$1,649,148XML
990-TDecember 2024–––IRS
990December 2023$414,450$508,791$1,467,235XML
990-TDecember 2023–––IRS
990December 2022$315,370$414,065$1,560,245IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––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 93-0830589).

Questions about ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC

What is the EIN of ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC?
The employer identification number (EIN) of ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC is 93-0830589.
Is ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC 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 ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC 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 ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC 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 ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC?
The 990 for the year ended December 31, 2024 names Steven Hanson.
Who are the officers and directors of ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC?
The 990 for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
How much revenue does ASSOCIATION FOR THE PRESERVATION OF THE PRESIDENTIAL YACHT POTOMAC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $929,810, expenses of $699,224 and total assets of $1,649,148 at year end.

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