Nonprofit · EIN 94-3078390
SOUTH BEACH YACHT CLUB
Tax-exempt · SAN FRANCISCO, CA 94107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $488,628 | $510,756 | -$22,128 | $1,490,205 | $73,762 | $1,416,443 |
| December 31, 2023 | 990 | $491,312 | $410,133 | $81,179 | $1,540,429 | $23,922 | $1,516,507 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $272,741
- Membership dues
- $270,957
- Program service revenue
- $118,564
- Investment income
- $2,641
- Net rental income
- $41,856
- Net income from fundraising events
- $17,171
- Net income from sales of inventory
- $35,655
- Other revenue
- $94,682
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $149
- Salaries, compensation and benefits (total)
- $8,897
- Professional fundraising fees
- $0
- Program services (functional)
- $510,756
Balance sheet and other
- Total assets, start of year
- $1,540,429
- Total assets, end of year
- $1,490,205
- Total liabilities, end of year
- $73,762
- Net assets, end of year
- $1,416,443
- Land, buildings and equipment
- $1,233,110
- Gross unrelated business income
- $35,629
- Gross receipts
- $674,541
- Employees
- 1
- Volunteers
- 200
- Year formed
- 1988
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE KASTNER | VICE COMMODORE Trustee or director, Officer | 6 | $0 |
| BRIAN ISAAC | COMMODORE Trustee or director, Officer | 6 | $0 |
| DAVE CORBIN | REAR COMMODORE Trustee or director, Officer | 6 | $0 |
| AARON GRAY | TREASURER Trustee or director, Officer | 8 | $0 |
| LORI O'ROURKE | SECRETARY Trustee or director, Officer | 4 | $0 |
| SUNI PETERSON | MEMBERSHIP CHAIR Trustee or director, Officer | 4 | $0 |
| CHELSEA CHEN | DIRECTOR Trustee or director | 1 | $0 |
| SHANNON KASTNER | BOARD CHAIRMAN Trustee or director | 1 | $0 |
| NANCY WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| ERICA ACKERMAN | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINA RUBKE | DIRECTOR Trustee or director | 1 | $0 |
| TREY QUINN | BOARD CHAIR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN COURTER | COMMODORE Trustee or director, Officer | 6 | $0 |
| BRIAN ISAAC | VICE COMMODORE Trustee or director, Officer | 6 | $0 |
| MIKE SATTERLUND | REAR COMMODORE Trustee or director, Officer | 6 | $0 |
| AARON GRAY | TREASURER Trustee or director, Officer | 8 | $0 |
| SUNI PETERSEN | SECRETARY Trustee or director, Officer | 4 | $0 |
| PATTY MANGAN | MEMBERSHIP CHAIR Trustee or director, Officer | 4 | $0 |
| TOM GIAMMONA | DIRECTOR Trustee or director | 1 | $0 |
| CHELSEA CHEN | DIRECTOR Trustee or director | 1 | $0 |
| SHANNON KASTNER | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS NAUGHTON | DIRECTOR Trustee or director | 1 | $0 |
| LYNN HADJIAN | DIRECTOR Trustee or director | 1 | $0 |
| BRUCE MACDAIRMID | DIRECTOR Trustee or director | 1 | $0 |
| TREY QUINN | BOARD CHAIR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PIER 40 STE 5, SAN FRANCISCO, CA 94107-0000
- Principal officer (990 for 2024)
- AARON GRAY, PIER 40, SAN FRANCISCO, CA 94107
- Signed the 990
- AARON GRAY, TREASURER
- Phone
- (415) 495-2295
- Website
- www.southbeachyc.org
- Return prepared by
- Tarlson & Associates
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3078390 or by the name SOUTH BEACH YACHT CLUB.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO ACTIVELY PROMOTE THE SPORT OF BOATING, SAIL TRAINING AND DEVELOP AND SPONSO YACHTING & YACHT RACING EVENTS, EDUCATE MEMBERS ABOUT MARINE ORIENTED SKILLS, TO BE ACTIVITY INVOLVED IN THE COMMUNITY WITH A FOCUS ON ACTIVITIES THAT ENHANCE OUR STANDING IN THE COMMUNITY AND TO PROVIDE AND MANAGE A CONVIVIAL BAR AND GALLEY OPERATIONS FOR THE BENEFIT OF THE MEMBERSHIP.
Program accomplishments
- PROVISION OF BAR AND RESTAURANT SERVICES AND SHIPS STORE FOR MEMBERS AND THEIR GUESTSrevenue $47,900
- RACE REGATTAS AND SAILING INSTRUCTIONrevenue $106,319
- MAINTENANCE OF CLUB HOUSErevenue $6,227
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-3078390
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N5XZ)
- Assets (IRS master file)
- $1,490,205
- Income (IRS master file)
- $674,541
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $488,628 | $510,756 | $1,490,205 | IRS |
| 990 | December 2023 | $491,312 | $410,133 | $1,540,429 | XML |
| 990 | December 2022 | $395,668 | $408,007 | $1,467,273 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 94-3078390).
Questions about SOUTH BEACH YACHT CLUB
- What is the EIN of SOUTH BEACH YACHT CLUB?
- The employer identification number (EIN) of SOUTH BEACH YACHT CLUB is 94-3078390.
- Is SOUTH BEACH YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1990.
- Are donations to SOUTH BEACH YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTH BEACH 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 SOUTH BEACH 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 SOUTH BEACH 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 SOUTH BEACH YACHT CLUB?
- The 990 for the year ended December 31, 2024 names AARON GRAY.
- Who are the officers and directors of SOUTH BEACH YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does SOUTH BEACH YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $488,628, expenses of $510,756 and total assets of $1,490,205 at year end.
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