Little Egg Harbor Yacht Club

Beach Haven, NJ
Tax-exempt since May 1975
EIN: 21-0501115

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Type of Nonprofit

Designated as a 501(c)(7) Social and recreational clubs.

Category: Recreation, Sports, Leisure, Athletics / Recreational, Pleasure, or Social Club (NTEE)

Donations to this organization are not tax deductible.

Revenue

$1.63M (2024)

Expenses

$1.54M (2024)

Total Assets

$3.76M (2024)

Total Liabilities

$107k (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 Sept.
2024

Revenue

$1,632,856

Expenses

$1,535,122

Net Income

$97,734

Net Assets

$3,652,474

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,530,172	93.7%
Investment Income	$11,702	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,418	0.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$16,802	1.0%
Other Revenue	$68,762	4.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$504,532	32.9%

Assets/Debt
Total Assets	$3,759,029
Total Liabilities	$106,555
Net Assets	$3,652,474

Club or Co-Op Income
Initiation Fees & Contributions	$61,413
Income From Public Use of Club Facilities	$43,787

Compensation

Key Employees and Officers	Compensation	Related	Other
Richard O Wagner (Commodore)	$0	$0	$0
Spring Zuegner La Fevre (Vice Commodore)	$0	$0	$0
Pj Vaughan (Rear Commodore)	$0	$0	$0
Edwin T Cox Iii (Treasurer)	$0	$0	$0

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990

Filed on Feb. 8, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2023

Revenue

$1,439,846

Expenses

$1,385,274

Net Income

$54,572

Net Assets

$3,554,740

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,334,363	92.7%
Investment Income	$16,354	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,200	0.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$18,166	1.3%
Other Revenue	$65,763	4.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$467,406	33.7%

Assets/Debt
Total Assets	$3,671,876
Total Liabilities	$117,136
Net Assets	$3,554,740

Club or Co-Op Income
Initiation Fees & Contributions	$64,538
Income From Public Use of Club Facilities	$8,185

Compensation

Key Employees and Officers	Compensation	Related	Other
David Johnson (Commodore)	$0	$0	$0
Richard O Wagner (Vice Commodore)	$0	$0	$0
Spring Zuegner La Fevre (Rear Commodore)	$0	$0	$0
Scott Lowry (Treasurer)	$0	$0	$0

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990

Filed on Aug. 8, 2024

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Fiscal Year Ending Sept.
2022

Revenue

$1,289,438

Expenses

$1,228,787

Net Income

$60,651

Net Assets

$3,500,168

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,198,184	92.9%
Investment Income	$689	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$10,850	0.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$16,472	1.3%
Other Revenue	$63,243	4.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$441,843	36.0%

Assets/Debt
Total Assets	$3,641,204
Total Liabilities	$141,036
Net Assets	$3,500,168

Club or Co-Op Income
Initiation Fees & Contributions	$58,750
Income From Public Use of Club Facilities	$2,575

Compensation

Key Employees and Officers	Compensation	Related	Other
Caroline R Flagler (Commodore)	$0	$0	$0
David Johnson (Vice Commodore)	$0	$0	$0
Richard O Wagner (Rear Commodore)	$0	$0	$0
Scott Lowry (Treasurer)	$0	$0	$0

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990

Filed on Feb. 8, 2023

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Fiscal Year Ending Sept.
2021

Revenue

$1,140,078

Expenses

$1,039,959

Net Income

$100,119

Net Assets

$3,439,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,070,294	93.9%
Investment Income	$97	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$3,650	0.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$7,056	0.6%
Other Revenue	$58,981	5.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$365,851	35.2%

Assets/Debt
Total Assets	$3,569,853
Total Liabilities	$130,336
Net Assets	$3,439,517

Club or Co-Op Income
Initiation Fees & Contributions	$58,750
Income From Public Use of Club Facilities	$23,072

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert P Kiep Iii (Commodore)	$0	$0	$0
Caroline R Flagler (Vice Commodore)	$0	$0	$0
David Johnson (Rear Commodore)	$0	$0	$0
Scott Lowry (Treasurer)	$0	$0	$0

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990

Filed on Feb. 10, 2022

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Fiscal Year Ending Sept.
2020

Revenue

$997,236

Expenses

$954,930

Net Income

$42,306

Net Assets

$3,339,398

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$952,739	95.5%
Investment Income	$2,145	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,000	0.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$330
Other Revenue	$41,682	4.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$328,667	34.4%

Assets/Debt
Total Assets	$3,453,760
Total Liabilities	$114,362
Net Assets	$3,339,398

Club or Co-Op Income
Initiation Fees & Contributions	$35,625
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Laura Haig Darling (Commodore)	$0	$0	$0
Robert P Kiep Iii (Vice Commodore)	$0	$0	$0
Caroline R Flagler (Rear Commodore)	$0	$0	$0
Scott Lowry (Treasurer)	$0	$0	$0

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990

Filed on May 7, 2021

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Fiscal Year Ending Sept.
2019

Revenue

$1,145,175

Expenses

$1,081,666

Net Income

$63,509

Net Assets

$3,297,092

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,083,895	94.6%
Investment Income	$5,420	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$18,150	1.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$4,484	0.4%
Other Revenue	$33,226	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$367,578	34.0%

Assets/Debt
Total Assets	$3,364,256
Total Liabilities	$67,164
Net Assets	$3,297,092

Club or Co-Op Income
Initiation Fees & Contributions	$30,000
Income From Public Use of Club Facilities	$41,164

Compensation

Key Employees and Officers	Compensation	Related	Other
Joseph Koerwer (Commodore)	$0	$0	$0
Laura Haig Darling (Vice Commodore)	$0	$0	$0
Robert P Kiep Iii (Rear Commodore)	$0	$0	$0
Scott Lowry (Treasurer)	$0	$0	$0

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990

Filed on Feb. 8, 2020

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Fiscal Year Ending Sept.
2018

Revenue

$1,061,155

Expenses

$1,023,166

Net Income

$37,989

Net Assets

$3,233,583

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,004,983	94.7%
Investment Income	$3,379	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,900	1.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$5,798	0.5%
Other Revenue	$32,095	3.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$364,017	35.6%

Assets/Debt
Total Assets	$3,318,833
Total Liabilities	$85,250
Net Assets	$3,233,583

Club or Co-Op Income
Initiation Fees & Contributions	$30,000
Income From Public Use of Club Facilities	$2,095

Compensation

Key Employees and Officers	Compensation	Related	Other
Bruce Vansaun (Commodore)	$0	$0	$0
Joseph Koerwer (Vice Commodore)	$0	$0	$0
Laura Haig Darling (Rear Commodore)	$0	$0	$0
Robert Kiep (Treasurer)	$0	$0	$0

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990

Filed on Feb. 12, 2019

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Fiscal Year Ending Sept.
2017

Revenue

$1,103,190

Expenses

$1,001,633

Net Income

$101,557

Net Assets

$3,195,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,036,890	94.0%
Investment Income	$528	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$11,700	1.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$19,296	1.7%
Other Revenue	$34,776	3.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$335,455	33.5%

Assets/Debt
Total Assets	$3,357,561
Total Liabilities	$161,967
Net Assets	$3,195,594

Club or Co-Op Income
Initiation Fees & Contributions	$31,000
Income From Public Use of Club Facilities	$40

Compensation

Key Employees and Officers	Compensation	Related	Other
Joseph C O'neill (Commodore)	$0	$0	$0
Bruce Vansaun (Vice Commodore)	$0	$0	$0
Joseph Koerwer (Rear Commodore)	$0	$0	$0
Robert Kiep (Treasurer)	$0	$0	$0

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990

Filed on Feb. 13, 2018

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Fiscal Year Ending Sept.
2016

Revenue

$1,031,599

Expenses

$993,542

Net Income

$38,057

Net Assets

$3,094,037

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$981,825	95.2%
Investment Income	$273	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$8,450	0.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$4,573	0.4%
Other Revenue	$36,478	3.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,323,039
Total Liabilities	$229,002
Net Assets	$3,094,037

Club or Co-Op Income
Initiation Fees & Contributions	$34,500
Income From Public Use of Club Facilities	$2,750

Compensation

Key Employees and Officers	Compensation	Related	Other
James J Turner Iv (Commodore)	$0	$0	$0
Joseph C O'neill (Vice Commodore)	$0	$0	$0
Bruce Vansaun (Rear Commodore)	$0	$0	$0
Robert Kiep (Treasurer)	$0	$0	$0

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990

Filed on Feb. 13, 2017

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Fiscal Year Ending Sept.
2015

Revenue

$1,063,134

Expenses

$1,047,397

Net Income

$15,737

Net Assets

$3,055,980

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,012,060	95.2%
Investment Income	$536	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$4,500	0.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$4,515	0.4%
Other Revenue	$41,523	3.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,392,125
Total Liabilities	$336,145
Net Assets	$3,055,980

Club or Co-Op Income
Initiation Fees & Contributions	$28,000
Income From Public Use of Club Facilities	$15,020

Compensation

Key Employees and Officers	Compensation	Related	Other
Patricia Peacock (Commodore)	$0	$0	$0
James J Turner Iv (Vice Commodore)	$0	$0	$0
Joseph C O'neill (Rear Commodore)	$0	$0	$0
Robert Kiep (Treasurer)	$0	$0	$0

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990

Filed on Feb. 1, 2016

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Fiscal Year Ending Sept.
2014

Revenue

$976,739

Expenses

$908,702

Net Income

$68,037

Net Assets

$3,040,243

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$928,483	95.1%
Investment Income	$1,752	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,700	0.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$5,284	0.5%
Other Revenue	$33,520	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$288,933	31.8%

Assets/Debt
Total Assets	$3,467,923
Total Liabilities	$427,680
Net Assets	$3,040,243

Club or Co-Op Income
Initiation Fees & Contributions	$212,179
Income From Public Use of Club Facilities	$10,922

Compensation

Key Employees and Officers	Compensation	Related	Other
Anthony O Herrmann Iii (Commodore)	$0	$0	$0
Patricia Peacock (Vice Commodore)	$0	$0	$0
James J Turner Iv (Rear Commodore)	$0	$0	$0
Joseph C O'neill (Treasurer)	$0	$0	$0

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990

Filed on May 4, 2015

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Fiscal Year Ending Sept.
2013

Revenue

$1,003,818

Expenses

$880,228

Net Income

$123,590

Net Assets

$2,972,206

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$934,310	93.1%
Investment Income	$1,477	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,750	0.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$10,718	1.1%
Other Revenue	$49,563	4.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$240,201	27.3%

Assets/Debt
Total Assets	$3,551,720
Total Liabilities	$579,514
Net Assets	$2,972,206

Club or Co-Op Income
Initiation Fees & Contributions	$221,472
Income From Public Use of Club Facilities	$12,920

990

Filed on March 18, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2012

Revenue

$973,981

Expenses

$895,738

Net Income

$78,243

Net Assets

$2,848,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$896,380	92.0%
Investment Income	$1,830	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,050	0.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$19,466	2.0%
Other Revenue	$49,255	5.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$277,569	31.0%

Assets/Debt
Total Assets	$3,497,414
Total Liabilities	$648,798
Net Assets	$2,848,616

Club or Co-Op Income
Initiation Fees & Contributions	$203,145
Income From Public Use of Club Facilities	$17,700

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$987,162

Expenses

$477,662

Net Income

$509,500

Net Assets

$2,770,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$919,628	93.2%
Investment Income	$7,331	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$6,650	0.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$10,358	1.0%
Other Revenue	$43,195	4.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$229,166	48.0%

Assets/Debt
Total Assets	$3,480,793
Total Liabilities	$710,420
Net Assets	$2,770,373

Club or Co-Op Income
Initiation Fees & Contributions	$166,148
Income From Public Use of Club Facilities	$15,196

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Little Egg Harbor Yacht Club

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.63M (2024)

Expenses $1.54M (2024)

Total Assets $3.76M (2024)

Total Liabilities $107k (2024)

Tax Filings by Year

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$1.63M (2024)

Expenses

$1.54M (2024)

Total Assets

$3.76M (2024)

Total Liabilities

$107k (2024)

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005