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Nonprofit · EIN 94-0830750

ST FRANCIS YACHT CLUB

Tax-exempt · SAN FRANCISCO, CA 94123

Financials

$17.5M$17.2M2023$17.6M$16.7M2024
Revenue Expenses · by fiscal year end
Financials of ST FRANCIS YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$17,644,333$16,710,970$933,363$34,593,528$15,676,059$18,917,469
December 31, 2023990$17,532,724$17,205,072$327,652$31,041,053$13,819,699$17,221,354
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$121,331
Program service revenue
$9,447,287
Investment income
$412,657
Net gain from sales of assets
$69,611
Net income from sales of inventory
$7,663,058
Other revenue
$7,663,058

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$605,632
Other salaries and wages
$5,224,204
Salaries, compensation and benefits (total)
$8,993,637
Professional fundraising fees
$0
Legal fees
$69,683
Accounting fees
$75,000
Occupancy
$1,308,904
Travel
$24,252
Depreciation
$948,151

Balance sheet and other

Total assets, start of year
$31,041,053
Total assets, end of year
$34,593,528
Total liabilities, end of year
$15,676,059
Net assets, end of year
$18,917,469
Land, buildings and equipment
$8,729,389
Net assets without donor restrictions
$17,154,928
Net assets with donor restrictions
$1,762,541
Gross unrelated business income
$1,931,742
Gross receipts
$22,603,635
Employees
169
Volunteers
15
Year formed
1927
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 / weekCompensationOther / benefits
JOHN MEAGHERGM/COO
Key employee
40$552,199$53,434
ASIF EHSANCONTROLLER
Highest-paid employee
40$280,977$57,805
AARON JOHNSONEXECUTIVE CHEF
Highest-paid employee
40$210,115$43,607
MARC PASSETTIASSISTANT GENERAL MANAGER
Highest-paid employee
40$192,382$53,500
FELIX WEIDLINGRACE DIRECTOR
Highest-paid employee
40$186,059$38,878
ROSS SCHIVELEYTINSLEY ISLAND MANAGER
Highest-paid employee
40$190,484$21,069
CHRIS PERKINSCOMMODORE
Trustee or director, Officer
2$0$0
ADAM GAMBLEVICE COMMODORE
Trustee or director, Officer
2$0$0
SUSAN RUHNEREAR COMMODORE
Trustee or director, Officer
2$0$0
LAWSON WILLARDCHAIRMAN
Trustee or director, Officer
2$0$0
KEVIN KUHNSECRETARY
Trustee or director, Officer
2$0$0
ELIZABETH WEILERASSISTANT SECRETARY
Trustee or director, Officer
2$0$0
M CASE FITZ-GERALDTREASURER
Trustee or director, Officer
2$0$0
SHANNON JOHNSONASSISTANT TREASURER
Trustee or director, Officer
2$0$0
ELIZABETH ANATHANDIRECTOR
Trustee or director
2$0$0
6 more people on this return
NameTitleHours / weekCompensation
BRENDAN BRADLEYDIRECTOR
Trustee or director
2$0
STEVE KAPPDIRECTOR
Trustee or director
2$0
ERIN O'GRADYDIRECTOR
Trustee or director
2$0
DAMIR PRISKICHDIRECTOR
Trustee or director
2$0
HARRISON TURNERDIRECTOR
Trustee or director
2$0
LARRY SWIFTDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
JOHN MEAGHERGM/COO
Key employee
40$511,918$28,708
ASIF EHSANCONTROLLER
Highest-paid employee
40$249,968$50,350
MARC PASSETTIASSISTANT GENERAL MANAGER
Highest-paid employee
40$192,577$47,602
AARON JOHNSONEXECUTIVE CHEF
Highest-paid employee
40$193,566$41,043
NOEL OMILAAGM-MEMBERSHIP
Highest-paid employee
40$177,832$38,920
ROSS SCHIVELEYTINSLEY ISLAND MANAGER
Highest-paid employee
40$183,011$30,521
BEAU VROLYKCOMMODORE
Trustee or director, Officer
2$0$0
CHRIS PERKINSVICE COMMODORE
Trustee or director, Officer
2$0$0
ADAM GAMBLEREAR COMMODORE
Trustee or director, Officer
2$0$0
GREGORY WETTERSTENCHAIRMAN
Trustee or director, Officer
2$0$0
KEVIN KUHNSECRETARY
Trustee or director, Officer
2$0$0
BETSY WEILERASSISTANT SECRETARY
Trustee or director, Officer
2$0$0
IAN CHARLESTREASURER
Trustee or director, Officer
2$0$0
CALE MILLERASSISTANT TREASURER
Trustee or director, Officer
2$0$0
BRANDAN BRADLEYDIRECTOR
Trustee or director
2$0$0
STEVE KAPPDIRECTOR
Trustee or director
2$0$0
KIM MEEKDIRECTOR
Trustee or director
2$0$0
ERIN O'GRADYDIRECTOR
Trustee or director
2$0$0
DAMIR PRISKICHDIRECTOR
Trustee or director
2$0$0
SUSAN RUHNEDIRECTOR
Trustee or director
2$0$0
LARRY SWIFTDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
700 MARINA BLVD, SAN FRANCISCO, CA 94123-1040
Principal officer (990 for 2024)
STEVE KAPP, 700 MARINA BOULEVARD, SAN FRANCISCO, CA 94123
Signed the 990
JIM BILDNER, CHIEF FINANCIAL OFFICER
Phone
(415) 820-3725
Return prepared by
CONDON O'MEARA MCGINTY & DONNELLY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 94-0830750 or by the name ST FRANCIS YACHT CLUB.

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

Mission

SERVE AS THE INSPIRATIONAL CENTER OF BOATING ACTIVITIES REGIONALLY AND A LEADER OF YACHTING INTERNATIONALLY. WE HONOR CAMARADERIE, SPORTSMANSHIP, TRADITION, AND THE MARITIME HERITAGE OF SAN FRANCISCO IN A PREMIER YACHTING ENVIRONMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • TAX-EXEMPT CLUB ACTIVITIES

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
94-0830750
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,593,528
Income (IRS master file)
$22,603,635

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$17,644,333$16,710,970$34,593,528IRS
990December 2023$17,532,724$17,205,072$31,041,053XML
990December 2022$17,274,887$15,705,324$29,839,100IRS
990December 2021–––IRS
990December 2020–––IRS
990November 2020–––IRS
990November 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 94-0830750).

Questions about ST FRANCIS YACHT CLUB

What is the EIN of ST FRANCIS YACHT CLUB?
The employer identification number (EIN) of ST FRANCIS YACHT CLUB is 94-0830750.
Is ST FRANCIS YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to ST FRANCIS YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ST FRANCIS 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 ST FRANCIS YACHT CLUB 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 ST FRANCIS YACHT CLUB 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 ST FRANCIS YACHT CLUB?
The 990 for the year ended December 31, 2024 names STEVE KAPP.
Who are the officers and directors of ST FRANCIS YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 21 people; 6 received compensation from the organization, the highest $552,199 (JOHN MEAGHER, GM/COO).
How much revenue does ST FRANCIS YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $17,644,333, expenses of $16,710,970 and total assets of $34,593,528 at year end.

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