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Water Mill Beach Club Inc

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
$595k (2024)

Expenses
$629k (2024)

Total Assets
$1.24M (2024)

Total Liabilities
$62.2k (2024)

Source: Form 990 tax filings from 2011 to 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
Revenue
$595,222
Expenses
$628,771
Net Income
-$33,549
Net Assets
$1,175,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $591,287
99.3%
Investment Income $22
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$687
Other Revenue $4,600
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $223,379
35.5%
Assets/Debt
Total Assets $1,238,034
Total Liabilities $62,228
Net Assets $1,175,806
Club or Co-Op Income
Initiation Fees & Contributions $120,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
James Deasy (Treasurer) $0 $0 $0
Virginia Schwenk (Director) $0 $0 $0
Christopher Wetter (President) $0 $0 $0
David Steck (Director) $0 $0 $0
Tom Christopher (Secretary) $0 $0 $0
Don Rose (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$590,689
Expenses
$630,998
Net Income
-$40,309
Net Assets
$1,209,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $588,653
99.7%
Investment Income $30
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,684
Other Revenue $3,690
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $234,056
37.1%
Assets/Debt
Total Assets $1,250,554
Total Liabilities $41,199
Net Assets $1,209,355
Club or Co-Op Income
Initiation Fees & Contributions $115,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Virginia Schwenk (Director) $0 $0 $0
David Steck (Director) $0 $0 $0
Don Rose (Director) $0 $0 $0
James Deasy (Treasurer) $0 $0 $0
Christopher Wetter (President) $0 $0 $0
Tom Christopher (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$586,287
Expenses
$602,551
Net Income
-$16,264
Net Assets
$1,249,664
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $585,809
99.9%
Investment Income $38
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$3,029
Other Revenue $3,469
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $219,978
36.5%
Assets/Debt
Total Assets $1,301,182
Total Liabilities $51,518
Net Assets $1,249,664
Club or Co-Op Income
Initiation Fees & Contributions $155,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Virginia Schwenk (Director) $0 $0 $0
David Steck (Director) $0 $0 $0
Don Rose (Director) $0 $0 $0
James Deasy (Treasurer) $0 $0 $0
Christopher Wetter (President) $0 $0 $0
Tom Christopher (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$511,762
Expenses
$523,151
Net Income
-$11,389
Net Assets
$1,265,928
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $512,560
> 100%
Investment Income $23
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,076
Other Revenue $1,255
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $193,307
37.0%
Assets/Debt
Total Assets $1,380,016
Total Liabilities $114,088
Net Assets $1,265,928
Club or Co-Op Income
Initiation Fees & Contributions $119,167
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
James Deasy (Treasurer) $0 $0 $0
Christopher Wetter (President) $0 $0 $0
Tom Christopher (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$392,537
Expenses
$463,949
Net Income
-$71,412
Net Assets
$1,277,317
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $392,692
> 100%
Investment Income $20
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$975
Other Revenue $800
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $162,956
35.1%
Assets/Debt
Total Assets $1,334,474
Total Liabilities $57,157
Net Assets $1,277,317
Club or Co-Op Income
Initiation Fees & Contributions $14,167
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
Tom Christopher (Director) $0 $0 $0
Chris Wetter (Director) $0 $0 $0
Michael Minnick (Treasurer) $0 $0 $0
John Erwin (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$536,043
Expenses
$511,224
Net Income
$24,819
Net Assets
$1,348,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $535,962
100.0%
Investment Income $59
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,083
Other Revenue $1,105
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $158,550
31.0%
Assets/Debt
Total Assets $1,434,616
Total Liabilities $85,887
Net Assets $1,348,729
Club or Co-Op Income
Initiation Fees & Contributions $114,167
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
Tom Christopher (Director) $0 $0 $0
Chris Wetter (Director) $0 $0 $0
Michael Minnick (Treasurer) $0 $0 $0
John Erwin (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$375,740
Expenses
$425,880
Net Income
-$50,140
Net Assets
$1,323,910
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $374,505
99.7%
Investment Income $79
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$3,244
Other Revenue $4,400
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $144,335
33.9%
Assets/Debt
Total Assets $1,404,146
Total Liabilities $80,236
Net Assets $1,323,910
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
Jennifer Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
Tom Christopher (Director) $0 $0 $0
Chris Wetter (Director) $0 $0 $0
Michael Minnick (Treasurer) $0 $0 $0
John Erwin (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$510,526
Expenses
$466,289
Net Income
$44,237
Net Assets
$1,374,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $496,194
97.2%
Investment Income $69
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,395
0.3%
Other Revenue $12,868
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $141,660
30.4%
Assets/Debt
Total Assets $1,494,305
Total Liabilities $120,255
Net Assets $1,374,050
Club or Co-Op Income
Initiation Fees & Contributions $58,333
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
T Christopher (Director) $0 $0 $0
Chris Wetter (Director) $0 $0 $0
Michael Minnick (Treasurer) $0 $0 $0
John Erwin (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$614,438
Expenses
$488,023
Net Income
$126,415
Net Assets
$1,329,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $605,615
98.6%
Investment Income $64
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,111
Other Revenue $10,870
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $135,051
27.7%
Assets/Debt
Total Assets $1,494,762
Total Liabilities $164,949
Net Assets $1,329,813
Club or Co-Op Income
Initiation Fees & Contributions $200,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
John Erwin (President) $0 $0 $0
Mickey Brennan (Treasurer) $0 $0 $0
Peter Bogan (President) $0 $0 $0
Michael Minnick (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$522,072
Expenses
$415,964
Net Income
$106,108
Net Assets
$1,203,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $514,122
98.5%
Investment Income $74
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$4,124
Other Revenue $12,000
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $117,831
28.3%
Assets/Debt
Total Assets $1,454,570
Total Liabilities $251,172
Net Assets $1,203,398
Club or Co-Op Income
Initiation Fees & Contributions $125,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
John Erwin (Director) $0 $0 $0
Mickey Brennan (Treasurer) $0 $0 $0
Peter Bogan (President) $0 $0 $0
Michael Minnick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$597,337
Expenses
$423,208
Net Income
$174,129
Net Assets
$1,097,290
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $591,175
99.0%
Investment Income $71
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,409
Other Revenue $7,500
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $113,798
26.9%
Assets/Debt
Total Assets $1,489,173
Total Liabilities $391,883
Net Assets $1,097,290
Club or Co-Op Income
Initiation Fees & Contributions $125,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Mark Monaco (Director) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
John Erwin (Director) $0 $0 $0
Mickey Brennan (Treasurer) $0 $0 $0
Peter Bogan (President) $0 $0 $0
Michael Minnick (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$661,000
Expenses
$302,275
Net Income
$358,725
Net Assets
$923,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $663,020
> 100%
Investment Income $172
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,944
Other Revenue $752
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $99,197
32.8%
Assets/Debt
Total Assets $1,468,425
Total Liabilities $545,264
Net Assets $923,161
Club or Co-Op Income
Initiation Fees & Contributions $200,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Mark Monaco (Director) $0 $0 $0
Mickey Brennan (Treasurer) $0 $0 $0
Susan Dorfman (Director) $0 $0 $0
Peter Bogan (President) $0 $0 $0
David Rosenfeld (Director) $0 $0 $0
Michael Minnick (Secretary) $0 $0 $0
John Erwin (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$430,954
Expenses
$320,143
Net Income
$110,811
Net Assets
$564,436
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $426,780
99.0%
Investment Income $941
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,951
Other Revenue $5,184
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $117,148
36.6%
Assets/Debt
Total Assets $567,679
Total Liabilities $3,243
Net Assets $564,436
Club or Co-Op Income
Initiation Fees & Contributions $140,000
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$280,959
Expenses
$319,930
Net Income
-$38,971
Net Assets
$453,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $275,745
98.1%
Investment Income $807
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$1,565
Other Revenue $5,972
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $101,168
31.6%
Assets/Debt
Total Assets $457,459
Total Liabilities $3,834
Net Assets $453,625
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

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

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

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

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

Fiscal Year Ending Dec.
2006

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

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

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

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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