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Nonprofit · EIN 93-1176482

WAVERLY YACHT CLUB

Also known as WAVERLY MARINA

Tax-exempt · PORTLAND, OR 97282

Financials

$444K$451K2023$444K$326K2024$2.6M$453K2025
Revenue Expenses · by fiscal year end
Financials of WAVERLY YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$2,616,492$452,898$2,163,594$4,181,513$209$4,181,304
March 31, 2025990$443,633$326,276$117,357$2,018,171$461$2,017,710
March 31, 2024990$444,153$451,066-$6,913$1,942,853$357$1,942,496
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$352,355
Membership dues
$352,355
Program service revenue
$43,347
Investment income
$72,427
Net rental income
$10,717
Net income from sales of inventory
$46,713
Other revenue
$2,148,363

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$70,020
Salaries, compensation and benefits (total)
$78,135
Professional fundraising fees
$0
Legal fees
$1,206
Accounting fees
$21,104
Occupancy
$86,829
Depreciation
$42,699
Program services (functional)
$384,211
Management and general (functional)
$68,687

Balance sheet and other

Total assets, start of year
$2,018,171
Total assets, end of year
$4,181,513
Total liabilities, end of year
$209
Net assets, end of year
$4,181,304
Land, buildings and equipment
$674,296
Gross unrelated business income
$57,430
Gross receipts
$2,783,684
Employees
3
Year formed
1997
State of legal domicile
OR

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 March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
DAN TEKORIOUSVICE PRESIDE
Trustee or director, Officer
2$0
DAVID SOOTSPRESIDENT
Trustee or director, Officer
2$0
COREY HILLMEMBER AT LA
Trustee or director, Officer
2$0
LORIE TEKORIOUSMEMBER AT LA
Trustee or director
2$0
DAVID SEULEANMEMBER AT LA
Trustee or director
2$0
990 for the year ended March 31, 2025: 3 people
NameTitleHours / weekCompensation
DAN TEKORIOUSVICE PRESIDE
Trustee or director, Officer
–$0
DAVID SOOTSPRESIDENT
Trustee or director, Officer
–$0
COREY HILLMEMBER AT LA
Trustee or director, Officer
–$0
990 for the year ended March 31, 2024: 4 people
NameTitleHours / weekCompensation
DAN TEKORIOUSVICE PRESIDE
Trustee or director, Officer
5$0
JEFF DENNYMEMBER AT LA
Trustee or director, Officer
5$0
DAVID SOOTSPRESIDENT
Trustee or director, Officer
5$0
COREY HILLMEMBER AT LA
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 82008, PORTLAND, OR 97282-0008
Principal officer (990 for 2025)
DAVID SOOTS, PO BOX 82008, PORTLAND, OR 97282
Signed the 990
DAVID SOOTS, PRESIDENT
Phone
(503) 231-3985
Return prepared by
HENICK & YLVISAKER CPAS

Mission

RECREATIONAL SOCIAL YACHT CLUB.

990 for the year ended March 31, 2026

Program accomplishments

  • ONGOING MAINTENANCE OF FACILITITES USED IN ORGANIZATION ACTIVITIES, INCLUDING COMMON AREA MAINTENANCE, DREDGING, AND GENERAL REPAIRS TO DOCKS NECESSITATED BY WEAR AND TEAR AND STORM DAMAGE.

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
93-1176482
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1998
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,181,513
Income (IRS master file)
$2,783,684

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$2,616,492$452,898$4,181,513XML
990March 2025$443,633$326,276$2,018,171XML
990March 2024$444,153$451,066$1,942,853XML
990March 2023$890,130$305,833$1,949,694IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––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 93-1176482).

Questions about WAVERLY YACHT CLUB

What is the EIN of WAVERLY YACHT CLUB?
The employer identification number (EIN) of WAVERLY YACHT CLUB is 93-1176482.
Is WAVERLY YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1998.
Are donations to WAVERLY YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WAVERLY 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 WAVERLY YACHT CLUB due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WAVERLY YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who is the principal officer of WAVERLY YACHT CLUB?
The 990 for the year ended March 31, 2026 names DAVID SOOTS.
Who are the officers and directors of WAVERLY YACHT CLUB?
The 990 for the year ended March 31, 2026 lists 5 people; 0 received compensation from the organization.
How much revenue does WAVERLY YACHT CLUB have?
On its 990 for the year ended March 31, 2026 it reported revenue of $2,616,492, expenses of $452,898 and total assets of $4,181,513 at year end.

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