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Nonprofit · EIN 99-0041250

HILO YACHT CLUB

Tax-exempt · HILO, HI 96720

Financials

$3.6M$3.5M2023$3.7M$3.6M2024
Revenue Expenses · by fiscal year end
Financials of HILO YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,736,221$3,598,113$138,108$1,147,403$331,195$816,208
December 31, 2023990$3,631,140$3,486,203$144,937$1,075,710$397,610$678,100
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,342,210
Investment income
$38,312
Other revenue
$355,699

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,354,353
Salaries, compensation and benefits (total)
$1,670,949
Professional fundraising fees
$0
Accounting fees
$22,481
Occupancy
$343,706
Depreciation
$1,133
Program services (functional)
$2,444,978
Management and general (functional)
$1,153,135

Balance sheet and other

Total assets, start of year
$1,075,710
Total assets, end of year
$1,147,403
Total liabilities, end of year
$331,195
Net assets, end of year
$816,208
Land, buildings and equipment
$29,929
Gross unrelated business income
$355,699
Gross receipts
$3,736,221
Employees
50
Volunteers
60
Year formed
1919
State of legal domicile
HI

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
MIHAELA RYERSECRETARY
Trustee or director, Officer
0.5$0
KESSEL KUATREASURER
Trustee or director, Officer
0.5$0
BONNIE GEIGERVICE COMMODORE
Trustee or director, Officer
0.5$0
CAROL MYRIANTHISVICE COMMODORE
Trustee or director, Officer
0.5$0
WILLIAM LEETRUSTEE
Trustee or director
0.5$0
LISA RANTZTRUSTEE
Trustee or director
0.5$0
CHARLES SCHLEGELMILCHTRUSTEE
Trustee or director
0.5$0
JOHN PRATTTRUSTEE
Trustee or director
0.5$0
BETH DE YOUNGTRUSTEE
Trustee or director
0.5$0
JOSEPH MARSHCOMMODORE
Trustee or director, Officer
0.5$0
JOSEPH WOLFTRUSTEE
Trustee or director
0.5$0
JOSEPH KAMELAMELATRUSTEE
Trustee or director
0.5$0
KAY SAKAITRUSTEE
Trustee or director
0.5$0
GRANT OMURATRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
BRITTA ZIMMER-LONGTRUSTEE
Trustee or director
0.5$0
KESSEL KUATRUSTEE
Trustee or director
0.5$0
BONNIE GEIGERTREASURER
Trustee or director, Officer
0.5$0
CAROL MYRIANTHISSECRETARY
Trustee or director, Officer
0.5$0
WILLIAM LEECOMMODORE
Trustee or director, Officer
0.5$0
LISA HADWAY SPAINVICE COMMODORE
Trustee or director, Officer
0.5$0
CHARLES SCHLEGELMILCHTRUSTEE
Trustee or director
0.5$0
KERRY UMAMOTOTRUSTEE
Trustee or director
0.5$0
TERIANNE BROWNTRUSTEE
Trustee or director
0.5$0
JOSEPH MARSHTRUSTEE
Trustee or director
0.5$0
JOSEPHINE CRAWFORDTRUSTEE
Trustee or director
0.5$0
ADRIANNE LAMSONTRUSTEE
Trustee or director
0.5$0
KAY SAKAITRUSTEE
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
77 LAEHALA ST, HILO, HI 96720-4931
Principal officer (990 for 2024)
CAROL MYRIANTHIS, 77 LAEHALA STREET, HILO, HI 96720
Signed the 990
CAROL MYRIANTHIS, VICE COMMODORE
Phone
(808) 969-6663
Return prepared by
TAKETA IWATA HARA & ASSOCIATES LLC

Mission

THE CLUB'S PURPOSE IS TO FURTHER THE SOCIAL INTERACTION AND CAMARADERIE OF ITS MEMBERS THROUGH THE CREATION OF A GATHERING PLACE FOR SOCIAL INTERACTION AND THROUGH THE SPORTSMANSHIP AND COMPETITION OF ATHLETICS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CLUB PROVIDES A SWIMMING POOL, TENNIS, BASKETBALL AND VOLLEYBALL COURTS ALONG WITH A DINING ROOM FACILITY FOR THE USE OF ITS MEMBERS SO THAT THEY MAY ENGAGE IN ATHLETICS AND SOCIALIZE.
    Expenses $2,444,978

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
99-0041250
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,147,403
Income (IRS master file)
$3,736,221

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,736,221$3,598,113$1,147,403XML
990December 2023$3,631,140$3,486,203$1,075,710XML
990December 2022$3,424,763$3,261,209$978,026IRS
990December 2021–––IRS
990December 2020–––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 99-0041250).

Questions about HILO YACHT CLUB

What is the EIN of HILO YACHT CLUB?
The employer identification number (EIN) of HILO YACHT CLUB is 99-0041250.
Is HILO YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1945.
Are donations to HILO YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HILO 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 HILO 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 HILO 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 HILO YACHT CLUB?
The 990 for the year ended December 31, 2024 names CAROL MYRIANTHIS.
Who are the officers and directors of HILO YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does HILO YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,736,221, expenses of $3,598,113 and total assets of $1,147,403 at year end.

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