Skip to main content

Nonprofit · EIN 95-0952315

LOS ANGELES YACHT CLUB

Tax-exempt · SAN PEDRO, CA 90731

Financials

$493K$527K2023$544K$543K2024
Revenue Expenses · by fiscal year end
Financials of LOS ANGELES YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$544,007$543,391$616$1,041,570$19,973$1,021,597
December 31, 2023990$492,590$527,219-$34,629$1,063,555$42,574$1,020,981
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$388,865
Investment income
$34
Net income from fundraising events
-$81,038
Net income from sales of inventory
$42,905
Other revenue
$155,108

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$74,773
Salaries, compensation and benefits (total)
$74,773
Professional fundraising fees
$0
Legal fees
$1,950
Accounting fees
$18,199
Occupancy
$46,182
Depreciation
$63,574

Balance sheet and other

Total assets, start of year
$1,063,555
Total assets, end of year
$1,041,570
Total liabilities, end of year
$19,973
Net assets, end of year
$1,021,597
Land, buildings and equipment
$654,922
Net assets without donor restrictions
$455,972
Net assets with donor restrictions
$565,625
Gross unrelated business income
$49,736
Gross receipts
$705,569
Employees
0

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
Marjore IrvinVice Commodoe
Trustee or director
2$0
Susannah BevinRear Commodore
Trustee or director
10$0
Scott WeinertFleet Captain
Trustee or director
8$0
Ken CorryCommodore
Trustee or director
8$0
Duncan McDuffieTreasurer
Trustee or director
1.5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Marjore IrvinVice Commodoe
Trustee or director
2$0
Susannah BevinRear Commodore
Trustee or director
10$0
Scott WeinertFleet Captain
Trustee or director
8$0
Ken CorryCommodore
Trustee or director
8$0
Duncan McDuffieTreasurer
Trustee or director
1.5$0

Address and contacts

Address (IRS master file)
285 WHALERS WALK, SAN PEDRO, CA 90731-7277
Signed the 990
Ken Corry, Commodore
Phone
(310) 831-1203
Return prepared by
Richard K Govenar CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 95-0952315 or by the name LOS ANGELES YACHT CLUB.

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

Mission

YACHT CLUB

990 for the year ended December 31, 2024

Program accomplishments

  • YACHT CRUISES, RACES, LESSONS & MOORING FACILITIES ARE PROVIDED FOR MEMBER RECREATION. OTHER CLUB FACILTIES ARE FOR SAILING AND SOCIAL GATHERINGS.

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
95-0952315
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)
$1,041,570
Income (IRS master file)
$705,569

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$544,007$543,391$1,041,570IRS
990December 2023$492,590$527,219$1,063,555XML
990December 2022$494,092$574,185$1,104,601IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 95-0952315).

Questions about LOS ANGELES YACHT CLUB

What is the EIN of LOS ANGELES YACHT CLUB?
The employer identification number (EIN) of LOS ANGELES YACHT CLUB is 95-0952315.
Is LOS ANGELES YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to LOS ANGELES YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOS ANGELES 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 LOS ANGELES 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 LOS ANGELES 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 are the officers and directors of LOS ANGELES YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LOS ANGELES YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $544,007, expenses of $543,391 and total assets of $1,041,570 at year end.

Other nonprofits in SAN PEDRO

All nonprofits in SAN PEDRO · California