Skip to content
ProPublica Donate
ProPublica Donate

Eastern Yacht Club

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Details

According to its Oct. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$5.53M (2022)

Expenses
$5.65M (2022)

Total Assets
$647k (2022)

Total Liabilities
$3.02M (2022)

Source: Form 990 tax filings from 2011 to 2022

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 Oct.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,526,838
Expenses
$5,652,002
Net Income
-$125,164
Net Assets
-$2,370,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,617,590
65.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $8,500
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,900,748
34.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,554,046
45.2%
Assets/Debt
Total Assets $647,279
Total Liabilities $3,017,434
Net Assets -$2,370,155
Club or Co-Op Income
Initiation Fees & Contributions $489,884
Income From Public Use of Club Facilities $292,241
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey Wargo (Former General Manager) $226,488 $0 $21,060
Brandon Farrell (Assistant General Manager) $151,160 $0 $12,421
James Corbin (Executive Chef) $138,174 $0 $23,039
Henry G Brauer (Commodore) $0 $0 $0
Peter O Frisch (Vice Commodore) $0 $0 $0
Alan L Mckinnon Jr (Rear Commodore) $0 $0 $0
Frank Mcnamara (Secretary) $0 $0 $0
Henry W Newman Ii (Treasurer) $0 $0 $0
Cheryl A Byrne (Board Member) $0 $0 $0
Sinan Kunt (Board Member) $0 $0 $0
John V Thompson (Board Member) $0 $0 $0
Stanley Schreyer (Board Member) $0 $0 $0
Talbot M Fall (Board Member) $0 $0 $0
Gretchen Curtis (Board Member) $0 $0 $0
James M Noyes (Board Member) $0 $0 $0
Jonathan W Lubeck (Board Member) $0 $0 $0
Todd Barbera (Board Member) $0 $0 $0
Rebecca Ehrhardt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,347,477
Expenses
$6,491,128
Net Income
-$1,143,651
Net Assets
-$2,244,991
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,402,335
63.6%
Investment Income $267
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,642,085
30.7%
Other Revenue $295,290
5.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $245,858
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,950,113
30.0%
Assets/Debt
Total Assets $639,889
Total Liabilities $2,884,880
Net Assets -$2,244,991
Club or Co-Op Income
Initiation Fees & Contributions $534,071
Income From Public Use of Club Facilities $245,083
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey Wargo (General Manager) $231,011 $0 $14,501
Brandon Farrell (Assistant General Manager) $149,010 $0 $4,173
James Corbin (Executive Chef) $134,914 $0 $3,824
Henry G Brauer (Commodore) $0 $0 $0
Peter O Frisch (Vice Commodore) $0 $0 $0
Alan L Mckinnon Jr (Rear Commodore) $0 $0 $0
Frank Mcnamara (Secretary) $0 $0 $0
Henry W Newman (Treasurer) $0 $0 $0
Cheryl A Byrne (Board Member) $0 $0 $0
Jonathan W Lubeck (Board Member) $0 $0 $0
Sinan Kunt (Board Member) $0 $0 $0
Kevin W Quinlan (Board Member) $0 $0 $0
Amy Wales Gochman (Board Member) $0 $0 $0
John V Thompson (Board Member) $0 $0 $0
James M Noyes (Board Member) $0 $0 $0
Rebecca Ehrhardt (Board Member) $0 $0 $0
Charles K Pendleton (Board Member) $0 $0 $0
Elizabeth W Parker (Board Member) $0 $0 $0
Douglas A Morgan (Board Member) $0 $0 $0
Peter Schwarzenbach (Board Member) $0 $0 $0
Priscilla Schwarzenbach (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,018,445
Expenses
$4,416,403
Net Income
$602,042
Net Assets
-$1,101,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,832,681
76.4%
Investment Income $80
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,034,108
20.6%
Other Revenue $144,076
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $214,217
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,778,027
40.3%
Assets/Debt
Total Assets $530,693
Total Liabilities $1,632,033
Net Assets -$1,101,340
Club or Co-Op Income
Initiation Fees & Contributions $1,011,854
Income From Public Use of Club Facilities $13,780
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey Wargo (General Manager) $244,967 $0 $15,090
Brandon Farrell (Assistant General Manager) $146,533 $0 $4,799
James Corbin (Executive Chef) $133,176 $0 $3,578
D Ward Blodgett Jr (Commodore) $0 $0 $0
Henry G Brauer (Vice Commodore) $0 $0 $0
Peter O Frisch (Rear Commodore) $0 $0 $0
Henley R Webb Jr (Secretary) $0 $0 $0
Henry W Newman (Treasurer) $0 $0 $0
William C Burke Iii (Board Member) $0 $0 $0
Jonathan W Lubeck (Board Member) $0 $0 $0
Alan L Mckinnon Jr (Board Member) $0 $0 $0
Kevin W Quinlan (Board Member) $0 $0 $0
Amy Wales Gochman (Board Member) $0 $0 $0
John V Thompson (Board Member) $0 $0 $0
Russel G Cushman (Board Member) $0 $0 $0
Elizabeth J Tenney (Board Member) $0 $0 $0
Charles K Pendleton (Board Member) $0 $0 $0
Elizabeth W Parker (Board Member) $0 $0 $0
Douglas A Morgan (Board Member) $0 $0 $0
Joseph Parker (Board Member) $0 $0 $0
Scott Alexander (Board Member) $0 $0 $0
Mary Alexander (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,817,846
Expenses
$5,055,556
Net Income
$762,290
Net Assets
-$1,703,382
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,747,940
64.4%
Investment Income $179
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,062,227
35.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $227,255
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,026,098
40.1%
Assets/Debt
Total Assets $795,350
Total Liabilities $2,498,732
Net Assets -$1,703,382
Club or Co-Op Income
Initiation Fees & Contributions $1,014,610
Income From Public Use of Club Facilities $252,574
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey Wargo (General Manager) $224,414 $0 $16,511
Brandon Farrell (Assistant General Manager) $137,878 $0 $4,762
James Corbin (Executive Chef) $125,984 $0 $2,600
D Ward Blodgett Jr (Commodore) $0 $0 $0
Henry G Brauer (Vice Commodore) $0 $0 $0
Peter O Frisch (Rear Commodore) $0 $0 $0
Henley R Webb Jr (Secretary) $0 $0 $0
Henry W Newman (Treasurer) $0 $0 $0
William C Burke Iii (Board Member) $0 $0 $0
Jonathan W Lubeck (Board Member) $0 $0 $0
Alan L Mckinnon Jr (Board Member) $0 $0 $0
Hoyt Ludington (Board Member) $0 $0 $0
Amy Wales Gochman (Board Member) $0 $0 $0
John V Thompson (Board Member) $0 $0 $0
Russel G Cushman (Board Member) $0 $0 $0
Elizabeth J Tenney (Board Member) $0 $0 $0
Charles K Pendleton (Board Member) $0 $0 $0
Elizabeth W Parker (Board Member) $0 $0 $0
Douglas A Morgan (Board Member) $0 $0 $0
Joseph Parker (Board Member) $0 $0 $0
Scott Alexander (Board Member) $0 $0 $0
Mary Alexander (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,347,849
Expenses
$5,132,584
Net Income
$215,265
Net Assets
-$2,465,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,460,601
64.7%
Investment Income $82
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,879,666
35.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $219,657
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,986,347
38.7%
Assets/Debt
Total Assets $717,052
Total Liabilities $3,182,724
Net Assets -$2,465,672
Club or Co-Op Income
Initiation Fees & Contributions $813,378
Income From Public Use of Club Facilities $142,598
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey Wargo (General Manager) $218,163 $0 $14,550
Brandon Farrell (Assistant General Manager) $136,114 $0 $4,955
James Corbin (Executive Chef) $120,132 $0 $718
Ulf Heide (Commodore) $0 $0 $0
D Ward Blodgett Jr (Vice Commodore) $0 $0 $0
Henry G Brauer (Rear Commodore) $0 $0 $0
Henley R Webb Jr (Secretary) $0 $0 $0
Henry W Newman (Treasurer) $0 $0 $0
William C Burke Iii (Board Member) $0 $0 $0
Elaine F Dorio (Board Member) $0 $0 $0
Loretta Delgaudio (Board Member) $0 $0 $0
Jay C Pingree (Board Member) $0 $0 $0
Russell G Cushman (Board Member) $0 $0 $0
Douglas A Morgan (Board Member) $0 $0 $0
Thaddeus R Gillespie (Board Member) $0 $0 $0
Peter O Frisch (Board Member) $0 $0 $0
Elizabeth J Tenney (Board Member) $0 $0 $0
Meghan Finkle (Board Member) $0 $0 $0
Lee Becker (Board Member) $0 $0 $0
Joseph Sw Parker Jr (Board Member) $0 $0 $0
Alan L Mckinnon Jr (Board Member) $0 $0 $0
Hoyt Ludington (Board Member) $0 $0 $0
Linda Guy (Board Member) $0 $0 $0
Timothy Derosa (Board Member) $0 $0 $0
Robert F Lakin (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,653,394
Expenses
$4,743,821
Net Income
$909,573
Net Assets
-$2,669,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,720,314
65.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,925,580
34.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $239,140
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,900,922
40.1%
Assets/Debt
Total Assets $821,110
Total Liabilities $3,490,587
Net Assets -$2,669,477
Club or Co-Op Income
Initiation Fees & Contributions $1,102,090
Income From Public Use of Club Facilities $147,335

Document Links

Fiscal Year Ending Oct.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,937,094
Expenses
$4,483,530
Net Income
$453,564
Net Assets
-$3,579,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,341,272
67.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,551,302
31.4%
Other Revenue $37,020
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $231,703
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,783,125
39.8%
Assets/Debt
Total Assets $592,061
Total Liabilities $4,171,111
Net Assets -$3,579,050
Club or Co-Op Income
Initiation Fees & Contributions $914,600
Income From Public Use of Club Facilities $105,275

Document Links

Fiscal Year Ending Oct.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,475,780
Expenses
$10,813,865
Net Income
-$3,338,085
Net Assets
-$4,032,614
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,937,520
39.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,144,214
15.3%
Other Revenue $3,386,546
45.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $229,900
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,460,252
13.5%
Assets/Debt
Total Assets $531,854
Total Liabilities $4,564,468
Net Assets -$4,032,614
Club or Co-Op Income
Initiation Fees & Contributions $587,993
Income From Public Use of Club Facilities $114,127

Document Links

Fiscal Year Ending Oct.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,455,361
Expenses
$4,451,053
Net Income
$4,308
Net Assets
-$694,529
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,810,550
63.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $887,311
19.9%
Other Revenue $750,000
16.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $243,829
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,288,585
29.0%
Assets/Debt
Total Assets $682,687
Total Liabilities $1,377,216
Net Assets -$694,529
Club or Co-Op Income
Initiation Fees & Contributions $493,098
Income From Public Use of Club Facilities $74,204

Document Links

Fiscal Year Ending Oct.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,009,336
Expenses
$3,751,860
Net Income
$257,476
Net Assets
-$698,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,738,471
68.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,263,365
31.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $241,612
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,379,540
36.8%
Assets/Debt
Total Assets $886,162
Total Liabilities $1,584,999
Net Assets -$698,837
Club or Co-Op Income
Initiation Fees & Contributions $512,859
Income From Public Use of Club Facilities $202,612

Document Links

Fiscal Year Ending Oct.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,017,423
Expenses
$4,266,322
Net Income
-$248,899
Net Assets
-$956,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,666,356
66.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,343,567
33.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $210,568
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,364,727
32.0%
Assets/Debt
Total Assets $784,973
Total Liabilities $1,741,286
Net Assets -$956,313
Club or Co-Op Income
Initiation Fees & Contributions $569,996
Income From Public Use of Club Facilities $181,439

Document Links

Fiscal Year Ending Oct.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,954,764
Expenses
$3,776,599
Net Income
$178,165
Net Assets
-$707,414
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,615,206
66.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $7,500
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,332,058
33.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $226,681
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,353,801
35.8%
Assets/Debt
Total Assets $777,604
Total Liabilities $1,485,018
Net Assets -$707,414
Club or Co-Op Income
Initiation Fees & Contributions $565,556
Income From Public Use of Club Facilities $220,217

Document Links

Fiscal Year Ending Oct.
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 Oct.
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 Oct.
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 Oct.
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 Oct.
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 Oct.
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 Oct.
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

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 »

Get the Data

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.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »