GREAT HARBOR YACHT CLUB FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

GREAT HARBOR YACHT CLUB FOUNDATION INC

EIN 30-1128021 · Water Resources, Wetlands Conservation & Management (C32)

What they do

THE PURPOSE of THE CORPORATION is to ACT AS A NOT-FOR-PROFIT ORGANIZATION WITH A PRIMARY MISSION of PROMOTING THE HEALTH of NANTUCKET ISLANDS HARBOR and ITS MARINE ECOSYSTEM. THE CORPORATION WILL WORK WITH THE NANTUCKET DEPARTMENT of NATURAL RESOURCES and OTHER GOVERNMENTAL and NONGOVERNMENTAL ORGANIZATIONS, GROUPS and INDIVIDUALS IN FURTHERANCE of ITS PRIMARY MISSION and OTHER ACTIVITIES. THE CORPORATION MAY SOLICIT DONATIONS, MAKE GRANTS and OTHERWISE ENGAGE IN ANY and ALL ACTIVITIES PERMITTED to A NOT-FOR-PROFIT CORPORATION WHETHER IN FURTHERANCE of ITS MISSION or OTHER CHARITABLE ENDEAVORS, OTHER ACTIONS AS MAY BE NECESSARY or EXPEDIENT for THE ADMINISTRATION of THE AFFAIRS and ATTAINMENT of THE PURPOSES of THE CORPORATION, and for ALL OTHER ACTIVITIES LEGAL and CONSISTENT WITH THE OPERATION of A NON-PROFIT CORPORATION IN THE COMMONWEALTH of MASSACHUSETTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $63.60 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 2025The charity has a recent tax report to read.

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

They name their leaders14 people are listed in the latest report.

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

Money made simple

47.15%of revenue went to mission work63.6% of expenses · Program services

$74.16spent for every $100 of revenueRevenue covered expenses this year.

27.01%of revenue went to management and office costs36.4% of expenses

$6.91in assets for every $1 spent this yearSome assets cannot be spent right away.

81.0%of its money came from giftsOther money may come from services or investments.

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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.

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 2025

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$751,989

Mission workProgram services$354,58147.15% of revenue63.6% of expenses

ManagementOffice and general costs$203,07927.01% of revenue36.4% of expenses

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

Revenue left after expensesReported annual surplus$194,32925.84% of revenueShown in gray on the chart

Total expenses$557,66074.16% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2025CurrentExpense mix: 63.6% mission · 36.4% management · 0.0% fundraisingTotal expenses: 74.16% of revenue

2024Expense mix: 50.9% mission · 49.1% management · 0.0% fundraisingTotal expenses: 95.88% of revenue

2023Expense mix: 53.8% mission · 46.2% management · 0.0% fundraisingTotal expenses: 28.26% of revenue

2022Expense mix: 74.6% mission · 25.4% management · 0.0% fundraisingTotal expenses: 39.49% of revenue

2021Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 5.16% of revenue

2020Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 46.94% of revenue

2019Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 0.89% of revenue

Money in and money out

Revenue$751,989

Expenses$557,660

Annual surplus $194,329 Revenue was higher than expenses 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.

Mission work (program services)$354,581 · 63.6% of expenses

Management and office costs$203,079 · 36.4% of expenses

See all reported dollar amounts

Revenue$751,989

Expenses$557,660

Assets$3,851,940

Income$1,202,353

Contributions$609,163

Mission work (program services)$354,581

Grants given$773,820

Average grant$40,727

Management and general$203,079

Accounting fees$9,225

People

Leadership and board

Tax year 2025

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 (14)

ALICIA SEIGERBOARD MEMBER

BROOKE STANTONBOARD MEMBER

CHRIS BREWSTERTREASURER

ED ORENSTEINPRESIDENT

EDWARD BERNARDBOARD MEMBER

ELIZABETH GERSTNERBOARD MEMBER

ELLIOT GEWIRTZCHAIRMAN EMERITUS

FLIP HUFFARDBOARD MEMBER

JEFF KRUPABOARD MEMBER

JOE SMIALOWSKIBOARD MEMBER

KAREN KETTERERVICE PRESIDENT

LISA VAN DEN BORNBOARD MEMBER

MELINDA PULJICBOARD MEMBER

PAUL COLLINSCLERK

About this charity

Recognized since: January 2019
Location: 96 WASHINGTON ST, NANTUCKET, MA 02554-3875
County: Nantucket
In care of: % JOSEPH RIPP
Primary officer: EDWARD ORENSTEIN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailmmaltby@ghyc.com Phone(508) 680-5033

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: PKF OCONNOR DAVIES LLP
NTEE classification: Water Resources, Wetlands Conservation & Management (C32)
IRS tax category: Water Resources, Wetlands Conservation & Management
Grant-giving organization: Yes