Powered by CharityEZ

Charity report ready

CORINTHIAN YACHT CLUB

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

CORINTHIAN YACHT CLUB

EIN 04-1209030 · Recreation & Sports (N)

What they do

THE CORINTHIAN YACHT CLUBS MISSION is to FOSTER OUR HISTORIC CHARTER AS A COMPETITIVE SAILING CLUB, NURTURE A CULTURE THAT is FRIENDLY to FAMILIES and NON-SAILING MEMBERS, and BE GOOD STEWARDS of OUR RESOURCES to ENSURE THE CLUB for FUTURE GENERATIONS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$102.37spent for every $100 of revenueSpending was higher than revenue this year.
$2.26in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $138,004 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $193,724 for DAVE TITUS (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$5,828,511
Expenses$5,966,515
Annual shortfall $138,004 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$5,828,511
Expenses$5,966,515
Assets$13,493,203
Income$6,496,772
Accounting fees$25,500
Investing fees$25
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DAVE TITUSGENERAL MANAGER · 40 hrs/week $193,724Base $187,221 · Other $6,503
JOE WEGLARZDIRECTOR OF FINANCE · 40 hrs/week $171,709Base $150,559 · Other $21,150
JACK CARNEYWATERFRONT DIRECTOR · 40 hrs/week $139,463Base $125,278 · Other $14,185
MELISSA ELLISONHUMAN RESOURCES · 40 hrs/week $139,301Base $134,712 · Other $4,589
TODD SENGERSCHEF/KITCHEN MNGR · 40 hrs/week $128,430Base $108,798 · Other $19,632

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

DAVE TITUSGENERAL MANAGER

JOE WEGLARZDIRECTOR OF FINANCE

JACK CARNEYWATERFRONT DIRECTOR

MELISSA ELLISONHUMAN RESOURCES

TODD SENGERSCHEF/KITCHEN MNGR

DAN GABRIELBOARD MEMBER

DOUGLAS G SABINVICE COMMODORE

DUNCAN G PERRYTREASURER

JOHN D WELCHSECRETARY

KARL C RENNEYCOMMODORE

MEGHAN PATTERSONBOARD MEMBER

STEPHEN T UHLREAR COMMODORE

About this charity

Recognized since
January 1936
Location
1 NAHANT ST, MARBLEHEAD, MA 01945-3823
County
Essex
In care of
JOHN GODFREY
Primary officer
JOHN GODFREY, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
November 1, 2024
Return type
990
Tax preparer
CONDON OMEARA MCGINTY & DONNELLY LLP
NTEE classification
Recreation & Sports (N)
IRS tax category
Recreation & Sports

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free