OCEAN CITY YACHT CLUB Charity Report

Public IRS 990 nonprofit record

OCEAN CITY YACHT CLUB

EIN 23-1424953 · Recreation & Sports (N)

What they do

PRIVATE SOCIAL CLUB for BOATING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 explanation is very short. Ask what work they really do.

They name their leaders40 people are listed in the latest report.

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

Money made simple

$100.96spent for every $100 of revenueSpending was higher than revenue this year.

20.10%of revenue went to management and office costs19.9% of expenses

$1.86in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $7,060 this year. Ask whether that was planned or caused by a one-time event.

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$734,301

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$147,57220.10% of revenue19.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$741,361100.96% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 0.0% mission · 19.9% management · 0.0% fundraisingTotal expenses: 100.96% of revenue

2023Expense mix: 0.0% mission · 22.8% management · 0.0% fundraisingTotal expenses: 94.94% of revenue

2022Expense mix: 0.0% mission · 16.6% management · 0.0% fundraisingTotal expenses: 76.89% of revenue

2021Expense mix: 0.0% mission · 17.2% management · 0.0% fundraisingTotal expenses: 100.25% of revenue

2020Expense mix: 0.0% mission · 16.6% management · 0.0% fundraisingTotal expenses: 127.20% of revenue

2019Expense mix: 0.0% mission · 21.5% management · 0.0% fundraisingTotal expenses: 120.17% of revenue

2018Expense mix: 0.0% mission · 13.0% management · 0.0% fundraisingTotal expenses: 103.82% of revenue

Money in and money out

Revenue$734,301

Expenses$741,361

Annual shortfall $7,060 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$147,572 · 19.9% of expenses

See all reported dollar amounts

Revenue$734,301

Expenses$741,361

Assets$1,376,659

Income$734,301

Contributions$1,371

Management and general$147,572

Accounting fees$9,358

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (40)

MAX HURSTBOARD MEMBER

KATHY DIANABOARD MEMBER

KEN HOOVERBOARD MEMBER

KRISTEN BECKETBOARD MEMBER

KRISTEN PROPPBOARD MEMBER

LYNSAY LADANYBOARD MEMBER

MARIE SHAFRONBOARD MEMBER

MARY LAMSONBOARD MEMBER

MARY ELLEN HOPKINBOARD MEMBER

MATT VOLLMERBOARD MEMBER

KATHY BASTIANBOARD MEMBER

MICHAEL MCGUCKINBOARD MEMBER

ROB SHIELDSBOARD MEMBER

ROBERT WDOMS MDTREASURER

RUSSELL HANSCOMBOARD MEMBER

STAN WIRPSZABOARD MEMBER

STEVE ANGBOARD MEMBER

SUSAN DALEYRECORDING SE

TED VAUGHNBOARD MEMBER

TIM BOYLEBOARD MEMBER

DEBORAH STEDMANREAR COMMODO

BARON SCHLACHTERBOARD MEMBER

BILL BECKETBOARD MEMBER

BRAD JUNGELSBOARD MEMBER

BRIAN HITCHINGSCOMMODORE

BRIAN HUNTSMANBOARD MEMBER

CATHERIN FAULKBOARD MEMBER

CHAPPY HOPKINBOARD MEMBER

COLLEEN KISAKABOARD MEMBER

DAN DAGITBOARD MEMBER

AVERY TEITLERBOARD MEMBER

DOUGH MROZBOARD MEMBER

DR JUDY LARKINBOARD MEMBER

ELEANOR PARKERFINANCIAL SE

EMILY BETTERLYBOARD MEMBER

GIDGE GLENNBOARD MEMBER

JANE KERSHAWBOARD MEMBER

JENNIFER RAY BECKMANVICE COMMODO

JOHN PARKERBOARD MEMBER

KATE DOMSBOARD MEMBER

About this charity

Recognized since: January 1977
Location: 100 BAY RD, OCEAN CITY, NJ 08226-4442
County: Cape May
In care of: % GREGG HEININGER
Primary officer: ROBERT WDOMS MD, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(609) 399-6600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FITZPATRICK BONGIOVANNI & KELLY PC
NTEE classification: Recreation & Sports (N)
IRS tax category: Recreation & Sports