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EIN 04-1271945

Eastern Yacht Club

IRS 501(c) type
501(c)(7)
Num. employees
210
City
Marblehead
State
Massachusetts
Year formed
1871
Most recent tax filings
2023-10-01
NTEE code, primary
N03: Recreation and Sports Professional Societies and Associations
Description
Eastern Yacht Club promotes social recreation and encourages sailing and yachting activities. The club also maintains a clubhouse for its members to use and enjoy. Programs include tax exempt club activities that cater to the needs of its membership. The club offers quality hospitality and aims to encourage yacht racing, naval architecture, and the cultivation of nautical science with all privileges, subject to all duties.
Total revenues
$6,557,869
2023
Total expenses
$6,404,067
2023
Total assets
$830,798
2023
Num. employees
210
2023

Program areas at Eastern Yacht Club

Tax exempt Club activities

Personnel at Eastern Yacht Club

NameTitleCompensation
Jeffrey WargoFormer General Manager$226,488
Henry W NewmanTreasurer$0
Peter O FrischVice Commodore / Rear Commodore / Board Member$0
Frank McNamaraSecretary$0
Alan L McKinnonRear Commodore / Board Member$0
...and 5 more key personnel

Financials for Eastern Yacht Club

RevenuesFYE 10/2023
Total grants, contributions, etc.$0
Program services$4,202,671
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$12,500
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$2,342,698
Miscellaneous revenues$0
Total revenues$6,557,869

Form 990s for Eastern Yacht Club

Fiscal year endingDate received by IRSFormPDF link
2023-102024-09-05990View PDF
2022-102023-08-18990View PDF
2021-102022-09-09990View PDF
2020-102021-06-14990View PDF
2019-102020-09-02990View PDF
...and 9 more Form 990s

Organizations like Eastern Yacht Club

OrganizationLocationRevenue
Edgartown Yacht ClubEdgartown, MA$4,511,549
Richmond Yacht Club of CaliforniaRichmond, CA$2,864,901
The Riviera ClubIndianapolis, IN$3,147,356
Corpus Christi Yacht ClubCorpus Christi, TX$1,697,805
Venice Yacht ClubVenice, FL$4,469,418
Links ClubNew York, NY$6,128,324
Greensboro Country ClubGreensboro, NC$18,862,612
Lahaina Yacht ClubLahaina, HI$1,712,091
Amarillo ClubAmarillo, TX$1,913,676
Manhasset Bay Yacht ClubPort Washington, NY$5,957,265
Data update history
August 24, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 24, 2024
Updated personnel
Identified 2 new personnel
April 30, 2024
Used new vendors
Identified 1 new vendor, including
October 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 4, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Recreational clubs
Issues
Human servicesCommunity improvementSportsBusiness and industry
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
Address
47 Foster St
Marblehead, MA 01945
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
easternyc.org/ 
Phone
(781) 631-1400
IRS details
EIN
04-1271945
Fiscal year end
October
Taxreturn type
Form 990
Year formed
1871
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N03: Recreation and Sports Professional Societies and Associations
NAICS code, primary
713910: Golf Courses and Country Clubs
Parent/child status
Independent
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