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NANTUCKET YACHT CLUB

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Public IRS 990 nonprofit record

NANTUCKET YACHT CLUB

EIN 04-1649850 · Sports Associations & Training Facilities (N40)

What they do

to PROVIDE MEANS for THE RECREATION and ENTERTAINMENT of ITS MEMBERS, BY ESTABLISHING and MAINTAINING A CLUB WITH THE PROPER BUILDINGS, GROUNDS, and FACILITIES to PROMOTE YACHTING, SPORTS and SOCIAL ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

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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 leaders28 people are listed in the latest report.

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

Money made simple

$97.01spent for every $100 of revenueRevenue covered expenses this year.
$2.65in assets for every $1 spent this yearSome assets cannot be spent right away.
0.1%of its money came from giftsOther money may come from services or investments.

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  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $461,177 for PETER MCEACHERN (GENERAL MANAGER). Compare pay with organizations of similar size and complexity.

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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$8,165,587
Expenses$7,921,064
Annual surplus $244,523 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$8,165,587
Expenses$7,921,064
Assets$20,967,055
Income$11,084,016
Contributions$7,000
Accounting fees$20,776
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
PETER MCEACHERNGENERAL MANAGER · 40 hrs/week $461,177Base $426,427 · Other $34,750
CHRIS FREEMANCHEF · 40 hrs/week $230,010Base $209,310 · Other $20,700
LYNELL VOLLANSCONTROLLER · 40 hrs/week $219,522Base $188,522 · Other $31,000
VINCENT RAIMOFACILITIES MANAGER · 40 hrs/week $214,560Base $183,560 · Other $31,000
KEN WASSERMANDIRECTOR OF TENNIS · 40 hrs/week $207,220
JUSTIN ASSADSAILING MASTER · 40 hrs/week $147,543

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 (28)

PETER MCEACHERNGENERAL MANAGER

CHRIS FREEMANCHEF

LYNELL VOLLANSCONTROLLER

VINCENT RAIMOFACILITIES MANAGER

KEN WASSERMANDIRECTOR OF TENNIS

JUSTIN ASSADSAILING MASTER

JEANNE MILLERGOVERNOR

WEST RIGGSGOVERNOR

V ADM JOHN BALDWINHONORARY GOVERNOR

STEVE ULIANGOVERNOR

SKIP WILLAUERFLEET CAPTAIN

PAULA MCLEODGOVERNOR

MICHAEL KENNEDYGOVERNOR

LISSY STEVENSON BRYANGOVERNOR

LINDA MCGRATHGOVERNOR

ALLEN BREEDGOVERNOR

JAY NICHOLSREAR COMMODORE

JAMES WATERBURYSECRETARY

EVAN KORNACKGOVERNOR

ERIN HABERSTROHGOVERNOR

ELIZABETH GILBERT-BONOGOVERNOR

DOROTHY BAKERGOVERNOR

DAVID WORTHVICE COMMODORE

CONSTANCE CROSBYGOVERNOR

CARL JELLEMEGOVERNOR

BURTON HURLOCKCOMMODORE

BETSY MORGANTREASURER

ANTHONY SCHWEIZERGOVERNOR

About this charity

Recognized since
January 1938
Location
PO BOX 667, NANTUCKET, MA 02554-0667
County
Nantucket
In care of
BETSY MORGAN
Primary officer
BETSY MORGAN, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
November 1, 2024
Return type
990
Tax preparer
PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification
Sports Associations & Training Facilities (N40)
IRS tax category
Sports Associations & Training Facilities

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

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