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Nonprofit · EIN 94-0655572

MARIN YACHT CLUB

Tax-exempt · SAN RAFAEL, CA 94901

Financials

$1.3M$1.6M2022$1.1M$1.2M2023$1.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of MARIN YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$1,161,915$1,419,110-$257,195$3,445,314$242,861$3,202,453
October 31, 2024990$1,065,878$1,235,135-$169,257$3,829,975$279,715$3,550,260
October 31, 2023990$1,257,035$1,619,254-$362,219$4,107,548$388,031$3,719,517
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$4,200
Program service revenue
$1,392,981
Investment income
$17,594
Net rental income
$67,079
Net income from sales of inventory
-$345,860
Other revenue
-$252,860

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$364,115
Salaries, compensation and benefits (total)
$396,230
Professional fundraising fees
$0
Legal fees
$158,777
Accounting fees
$11,766
Occupancy
$185,992
Depreciation
$118,014

Balance sheet and other

Total assets, start of year
$3,829,975
Total assets, end of year
$3,445,314
Total liabilities, end of year
$242,861
Net assets, end of year
$3,202,453
Land, buildings and equipment
$2,625,709
Gross unrelated business income
-$14,372
Gross receipts
$1,839,971
Employees
9
Year formed
1935
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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LARRY MARAESJr STAFF COMM
Trustee or director, Officer
10$0
TINA MILANICOMMODORE
Trustee or director, Officer
15$0
MANI SHEIKDirector
Trustee or director
5$0
ANDY SALVASREAR COMMODORE
Trustee or director, Officer
5$0
MARK MINERDirector
Trustee or director
5$0
CHRIS WAREFINANCE CHAIR
Trustee or director, Officer
15$0
KAREN MCPHERSONSECRETARY
Trustee or director, Officer
5$0
RUSSELL CORVESEVICE COMMODORE
Trustee or director, Officer
10$0
JOSE BETHENCOURTDirector
Trustee or director
5$0
JEFF LESLIEDirector
Trustee or director
5$0
PETE WOLCOTTTreasurer
Trustee or director, Officer
15$0
GREGG PEARSONMANAGER40$0
990 for the year ended October 31, 2024: 11 people
NameTitleHours / weekCompensation
GREGG PEARSONMANAGER40$154,000
LARRY MARAESJr STAFF COMM
Trustee or director, Officer
10$0
TINA MILANICOMMODORE
Trustee or director, Officer
15$0
MANI SHEIKDirector
Trustee or director
5$0
ANDY SALVASREAR COMMODORE
Trustee or director, Officer
5$0
MARK MINERDirector
Trustee or director
5$0
CHRIS WAREFINANCE CHAIR
Trustee or director, Officer
15$0
KAREN MCPHERSONSECRETARY
Trustee or director, Officer
5$0
RUSSELL CORVESEVICE COMMODORE
Trustee or director, Officer
10$0
JOSE BETHENCOURTDirector
Trustee or director
5$0
JEFF LESLIEDirector
Trustee or director
5$0
990 for the year ended October 31, 2023: 11 people
NameTitleHours / weekCompensation
LAUREL POLITZABOOKKEEPER40$105,819
BRENT ZERULLJr STAFF COMM
Trustee or director, Officer
2$0
LARRY MORAESCOMMODORE
Trustee or director, Officer
40$0
JIM SIMPSONDirector
Trustee or director
2$0
ANDY SALVASDirector
Trustee or director
4$0
MARK MINERDirector
Trustee or director
20$0
CARLA WILEYTreasurer
Trustee or director, Officer
16$0
BONNIE DIEFENDORFSECRETARY
Trustee or director, Officer
6$0
RUSSELL CORVESEREAR COMMODORE
Trustee or director, Officer
20$0
JOSE BETHENCOURTDirector
Trustee or director
2$0
TINA MILANIVICE COMMODORE
Trustee or director, Officer
16$0

Address and contacts

Address (IRS master file)
24 SUMMIT AVE, SAN RAFAEL, CA 94901-2411
Principal officer (990 for 2024)
PETE WOLCOTT, 24 SUMMIT AVENUE, SAN RAFAEL, CA 94901
Signed the 990
PETE WOLCOTT, Treasurer
Phone
(415) 453-9366
Return prepared by
Celeste W Moye CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 94-0655572 or by the name MARIN YACHT CLUB.

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

Mission

PROVIDE FACILITIES AND SERVICES TO MEMBERS.

990 for the year ended October 31, 2025

Program accomplishments

  • Program services are related to fostering and encouraging yachting, and promoting and increasing the efficiency of its members in the science of navigation and the art of handling and sailing yachts.

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

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file

IRS record

EIN
94-0655572
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1942
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,445,314
Income (IRS master file)
$1,839,971

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$1,161,915$1,419,110$3,445,314XML
990October 2024$1,065,878$1,235,135$3,829,975XML
990October 2023$1,257,035$1,619,254$4,107,548XML
990October 2022$1,153,212$960,710$4,271,834IRS
990October 2021–––IRS
990October 2020–––IRS
990October 2019–––IRS
990October 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 94-0655572).

Questions about MARIN YACHT CLUB

What is the EIN of MARIN YACHT CLUB?
The employer identification number (EIN) of MARIN YACHT CLUB is 94-0655572.
Is MARIN YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to MARIN YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARIN 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 MARIN YACHT CLUB due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARIN YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of MARIN YACHT CLUB?
The 990 for the year ended October 31, 2025 names PETE WOLCOTT.
Who are the officers and directors of MARIN YACHT CLUB?
The 990 for the year ended October 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does MARIN YACHT CLUB have?
On its 990 for the year ended October 31, 2025 it reported revenue of $1,161,915, expenses of $1,419,110 and total assets of $3,445,314 at year end.

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