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EIN 85-0863199

Ocean City Yacht Club Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Ocean City
State
New Jersey
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
Description
The Ocean City Yacht Club Foundation fosters local excellence in amateur maritime activities and competitions, supports students in maritime-related higher education, contributes to maritime-related charitable and educational organizations, and maintains and enhances the physical properties of the Ocean City Yacht Club.
Total revenues
$57,501
2023
Total expenses
$37,335
2023
Total assets
$91,485
2023
Num. employees
n/a

Who funds Ocean City Yacht Club Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hager FoundationSupport of Daily$2,000
Chubb Charitable FoundationMatching Gifts$1,000
Chubb Charitable FoundationMatching Gifts$500

Personnel at Ocean City Yacht Club Foundation

NameTitleCompensation
Charles SessaTreasurer$0

Financials for Ocean City Yacht Club Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$44,396
Program services$13,105
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$57,501

Form 990s for Ocean City Yacht Club Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-08990EZView PDF
2022-122023-11-14990EZView PDF
Data update history
November 30, 2024
Posted financials
Added Form 990EZ for fiscal year 2023
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $2,000 from Hager Foundation
January 24, 2024
Updated personnel
Identified 5 new personnel
January 23, 2024
Posted financials
Added Form 990EZ for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsRecreational clubsCharities
Issues
EducationHuman servicesSports
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
100 Bay Rd
Ocean City, NJ 08226
Metro area
Ocean City, NJ
County
Cape May County, NJ
Website URL
ocyc.org/ 
Phone
(609) 399-6600
IRS details
EIN
85-0863199
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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