Rhode Island Yacht Club
Organization summary
Type of Nonprofit
Designated as a Social and recreational clubs.
Donations to this organization are not tax deductible.
Summary charts: organization finances over time
Revenue $688k (2024)
Expenses $580k (2024)
Total Assets $2.28M (2024)
Total Liabilities $1.43M (2024)
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
Fiscal Year Ending Dec.
2024
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $626,706 |
91.1%
|
| Investment Income | $5,492 |
0.8%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $19,353 |
2.8%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $1,406 |
0.2%
|
| Other Revenue | $35,203 |
5.1%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $67,635 |
11.7%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,281,633 | |
| Total Liabilities | $1,426,645 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $11,850 | |
| Income From Public Use of Club Facilities | $97,842 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Mark Gallagher (Commodore) | $0 | $0 | $0 |
| Robert O'brien (Vice Commodore) | $0 | $0 | $0 |
| Holly Hunt (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Oct. 1, 2025Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2023
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $592,004 |
88.2%
|
| Investment Income | $4,909 |
0.7%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $22,919 |
3.4%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $27,159 |
4.0%
|
| Other Revenue | $24,594 |
3.7%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $101,655 |
16.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,239,184 | |
| Total Liabilities | $1,491,937 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $13,250 | |
| Income From Public Use of Club Facilities | $89,905 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Mark Gallagher (Commodore) | $0 | $0 | $0 |
| David Tessitore (Vice Commodore) | $0 | $0 | $0 |
| Robert O'brien (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 4, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $537,478 |
87.8%
|
| Investment Income | $3,724 |
0.6%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $21,458 |
3.5%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $23,469 |
3.8%
|
| Other Revenue | $26,201 |
4.3%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $75,639 |
11.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,227,069 | |
| Total Liabilities | $1,517,567 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $9,750 | |
| Income From Public Use of Club Facilities | $103,520 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Richard Magnant (Commodore) | $0 | $0 | $0 |
| Mark Gallagher (Vice Commodore) | $0 | $0 | $0 |
| Owen P Harren (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 7, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $101,776 |
14.4%
|
| Program Services | $519,585 |
73.5%
|
| Investment Income | $1,028 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $28,940 |
4.1%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $40,318 |
5.7%
|
| Other Revenue | $15,314 |
2.2%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $58,184 |
10.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,247,792 | |
| Total Liabilities | $1,508,101 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $7,320 | |
| Income From Public Use of Club Facilities | $19,754 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| David Tessitore (Junior Ex Commodore) | $0 | $0 | $0 |
| Richard Magnant (Commodore) | $0 | $0 | $0 |
| Robert O'brien (Anchorage) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 15, 2022Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $2,012 |
0.4%
|
| Program Services | $506,331 |
92.7%
|
| Investment Income | $784 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $8,960 |
1.6%
|
| Net Fundraising | $0 | |
| Sales of Assets | $5,000 |
0.9%
|
| Net Inventory Sales | $20,660 |
3.8%
|
| Other Revenue | $2,408 |
0.4%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $51,585 |
11.3%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,685,908 | |
| Total Liabilities | $1,114,010 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $5,000 | |
| Income From Public Use of Club Facilities | $2,861 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| David Tessitore (Commodore) | $0 | $0 | $0 |
| Richard Magnant (Vice Commodore) | $0 | $0 | $0 |
| Peter Quackenbush (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 12, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $511,322 |
85.1%
|
| Investment Income | $582 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $7,116 |
1.2%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $79,761 |
13.3%
|
| Other Revenue | $2,302 |
0.4%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $59,567 |
10.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,649,012 | |
| Total Liabilities | $1,255,283 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $6,000 | |
| Income From Public Use of Club Facilities | $8,892 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| David Tessitore (Commodore) | $0 | $0 | $0 |
| Susan Toland (Vice Commodore) | $0 | $0 | $0 |
| Dean Scanlon (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 16, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $5,790 |
0.9%
|
| Program Services | $495,647 |
78.5%
|
| Investment Income | $897 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $10,059 |
1.6%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $113,026 |
17.9%
|
| Other Revenue | $5,619 |
0.9%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $118,320 |
17.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,687,725 | |
| Total Liabilities | $1,299,641 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $5,750 | |
| Income From Public Use of Club Facilities | $11,152 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| David Tessitore (Commodore) | $0 | $0 | $0 |
| Susan Toland (Vice Commodore) | $0 | $0 | $0 |
| Dean Scanlon (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Sept. 4, 2019Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $461,861 |
80.1%
|
| Investment Income | $295 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $14,648 |
2.5%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $99,003 |
17.2%
|
| Other Revenue | $640 |
0.1%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $107,498 |
17.5%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,768,650 | |
| Total Liabilities | $1,316,916 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $6,100 | |
| Income From Public Use of Club Facilities | $9,207 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Michelyn Saccoccio (Commodore) | $0 | $0 | $0 |
| Tony Abatiello (Vice Commodore) | $0 | $0 | $0 |
| Pat Kokoska (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on May 14, 2018Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2016
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $450,241 |
68.3%
|
| Investment Income | $554 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $8,347 |
1.3%
|
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $196,829 |
29.9%
|
| Other Revenue | $2,975 |
0.5%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $88,013 |
13.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,848,350 | |
| Total Liabilities | $1,359,630 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $10,300 | |
| Income From Public Use of Club Facilities | $3,875 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Nick Rampone (Commodore) | $0 | $0 | $0 |
| Michelyn Saccoccio (Vice Commodore) | $0 | $0 | $0 |
| Tony Abatiello (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 6, 2017Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2015
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $395,772 |
72.2%
|
| Investment Income | $536 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | -$4,542 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $150,090 |
27.4%
|
| Other Revenue | $6,080 |
1.1%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $92,230 |
15.7%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,893,139 | |
| Total Liabilities | $1,423,772 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $3,500 | |
| Income From Public Use of Club Facilities | $3,550 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Craig Forbes Pc (Commodore) | $0 | $0 | $0 |
| Nick Rampone (Vice Commodore) | $0 | $0 | $0 |
| Michelyn Saccoccio (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 14, 2016Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2014
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $372,720 |
56.3%
|
| Investment Income | $1,244 |
0.2%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | -$7,074 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $294,673 |
44.5%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $105,797 |
15.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,680,019 | |
| Total Liabilities | $1,172,911 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $0 | |
| Income From Public Use of Club Facilities | $0 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Jim Cornwall (Secretary) | $0 | $0 | $0 |
| Nicholas Rampone (Commodore) | $0 | $0 | $0 |
| Irwin Kraus (Rear Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on May 14, 2015Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2013
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $393,122 |
57.0%
|
| Investment Income | $2,359 |
0.3%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | -$1,568 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $296,020 |
42.9%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $107,290 |
15.9%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,711,123 | |
| Total Liabilities | $1,159,744 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $0 | |
| Income From Public Use of Club Facilities | $0 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Jim Cornwall (Secretary) | $0 | $0 | $0 |
| Irwin Kraus (Rear Commodore) | $0 | $0 | $0 |
| Piers Curry (Vice Commodore) | $0 | $0 | $0 |
Document Links
990
Filed on Aug. 4, 2014Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2012
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $416,987 |
61.4%
|
| Investment Income | $2,861 |
0.4%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | -$5,457 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $264,907 |
39.0%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $178,368 |
25.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,757,104 | |
| Total Liabilities | $1,220,595 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $0 | |
| Income From Public Use of Club Facilities | $0 | |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2011
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $429,702 |
62.6%
|
| Investment Income | $2,512 |
0.4%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | -$4,265 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $258,756 |
37.7%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $180,933 |
23.3%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,878,223 | |
| Total Liabilities | $1,308,819 |
| Club or Co-Op Income | ||
|---|---|---|
| Initiation Fees & Contributions | $0 | |
| Income From Public Use of Club Facilities | $0 | |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2010
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2009
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2008
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990-EZ
Short form tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2007
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2005
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2004
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
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