Winthrop Yacht Club

Winthrop, MA
Tax-exempt since May 1991
EIN: 04-1981140

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Type of Nonprofit

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

Donations to this organization are not tax deductible.

Details

According to its Nov. 2023 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.

Revenue

$1.36M (2023)

Expenses

$1.28M (2023)

Total Assets

$1.72M (2023)

Total Liabilities

$44k (2023)

Source: Form 990 tax filings from 2011 to 2023

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 Nov.
2023

Revenue

$1,364,795

Expenses

$1,283,128

Net Income

$81,667

Net Assets

$1,678,970

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,228,625	90.0%
Investment Income	$3,837	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$43,473	3.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$6,652
Other Revenue	$95,512	7.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$27,500	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$281,128	21.9%

Assets/Debt
Total Assets	$1,722,985
Total Liabilities	$44,015
Net Assets	$1,678,970

Club or Co-Op Income
Initiation Fees & Contributions	$22,290
Income From Public Use of Club Facilities	$76,249

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$27,500	$0	$0
Mark Marotta (Director)	$0	$0	$0
Michael Balian (Director)	$0	$0	$0
Brian Hurley (Director)	$0	$0	$0
Vin Crossman (Director)	$0	$0	$0
Daniel John Dj Roan (Commodore)	$0	$0	$0
Brian Mc Carthy (Secretary)	$0	$0	$0
Greg Hamm (Vice Commodore)	$0	$0	$0
Jarret Herdt (Rear Commodore)	$0	$0	$0

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990

Filed on Oct. 15, 2024

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

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Fiscal Year Ending Nov.
2022

Revenue

$1,371,292

Expenses

$1,264,029

Net Income

$107,263

Net Assets

$1,597,303

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,206,664	88.0%
Investment Income	$68	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$55,029	4.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,955	0.3%
Other Revenue	$105,576	7.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$27,500	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$309,172	24.5%

Assets/Debt
Total Assets	$1,678,053
Total Liabilities	$80,750
Net Assets	$1,597,303

Club or Co-Op Income
Initiation Fees & Contributions	$28,746
Income From Public Use of Club Facilities	$73,047

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$27,500	$0	$0
Mark Marotta (Director)	$0	$0	$0
Michael Balian (Director)	$0	$0	$0
John Johnston (Director)	$0	$0	$0
Vin Crossman (Director)	$0	$0	$0
Daniel John Dj Roan (Vice Commodore)	$0	$0	$0
Brian Mc Carthy (Secretary)	$0	$0	$0
Gregg Hamm (Rear Commodore)	$0	$0	$0
Craig Spear (Commodore)	$0	$0	$0

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990

Filed on Oct. 16, 2023

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

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Fiscal Year Ending Nov.
2021

Revenue

$1,231,260

Expenses

$1,162,489

Net Income

$68,771

Net Assets

$1,490,040

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$90,400	7.3%
Program Services	$1,018,927	82.8%
Investment Income	$173	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$18,467	1.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$945
Other Revenue	$104,238	8.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$25,913	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$355,279	30.6%

Assets/Debt
Total Assets	$1,570,790
Total Liabilities	$80,750
Net Assets	$1,490,040

Club or Co-Op Income
Initiation Fees & Contributions	$7,310
Income From Public Use of Club Facilities	$10,649

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$25,913	$0	$0
Gregg Hamm (Rear Commodore)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
John Johnston (Director)	$0	$0	$0
Vincent Crossman (Director)	$0	$0	$0
Mark Marotta (Director)	$0	$0	$0
Daniel John Dj Roan (Vice Commodore)	$0	$0	$0
Brian Mc Carthy (Secretary)	$0	$0	$0
Craig Spear (Commodore)	$0	$0	$0

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990

Filed on Oct. 17, 2022

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

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Fiscal Year Ending Nov.
2020

Revenue

$892,128

Expenses

$1,030,022

Net Income

-$137,894

Net Assets

$1,421,269

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$833,929	93.5%
Investment Income	$1,057	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$16,679	1.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$17,313
Other Revenue	$57,776	6.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$31,861	3.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$333,961	32.4%

Assets/Debt
Total Assets	$1,600,419
Total Liabilities	$179,150
Net Assets	$1,421,269

Club or Co-Op Income
Initiation Fees & Contributions	$5,935
Income From Public Use of Club Facilities	$8,393

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$31,861	$0	$0
David Commerford (Director)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
John Johnston (Director)	$0	$0	$0
Vincent Crossman (Director)	$0	$0	$0
Mark Marotta (Commodore)	$0	$0	$0
Daniel John Dj Roan (Rear Commodore)	$0	$0	$0
Brian Mc Carthy (Secretary)	$0	$0	$0
Craig Spear (Vice Commodore)	$0	$0	$0

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990

Filed on Sept. 13, 2021

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

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Fiscal Year Ending Nov.
2019

Revenue

$1,317,577

Expenses

$1,203,021

Net Income

$114,556

Net Assets

$1,559,163

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,225,777	93.0%
Investment Income	$1,346	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$46,257	3.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$1,851
Other Revenue	$46,048	3.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$20,852	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$299,276	24.9%

Assets/Debt
Total Assets	$1,647,913
Total Liabilities	$88,750
Net Assets	$1,559,163

Club or Co-Op Income
Initiation Fees & Contributions	$11,630
Income From Public Use of Club Facilities	$64,879

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$20,852	$0	$0
Brian Hurley (Director)	$0	$0	$0
Valerie Sullivan (Director)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
Mark Marotta (President)	$0	$0	$0
Brian Mc Carthy (Secretary)	$0	$0	$0
David Commerford (Vice Commodore)	$0	$0	$0
Robert Granara (Commodore)	$0	$0	$0
Paul Incognilios (Rear Commodore)	$0	$0	$0

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990

Filed on Oct. 13, 2020

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

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Fiscal Year Ending Nov.
2018

Revenue

$1,366,834

Expenses

$1,163,798

Net Income

$203,036

Net Assets

$1,444,607

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,266,041	92.6%
Investment Income	$1,549	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$63,658	4.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$10,188
Other Revenue	$45,774	3.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$20,852	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$306,037	26.3%

Assets/Debt
Total Assets	$1,533,357
Total Liabilities	$88,750
Net Assets	$1,444,607

Club or Co-Op Income
Initiation Fees & Contributions	$11,960
Income From Public Use of Club Facilities	$67,151

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$20,852	$0	$0
Brian Hurley (Director)	$0	$0	$0
John Johnston (Director)	$0	$0	$0
Mike Joltki (Director)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
Mark Marotta (Rear Commodore)	$0	$0	$0
Brian Mc Carthy (Secretary)	$0	$0	$0
David Commerford (Vice Commodore)	$0	$0	$0
Robert Granara (Commodore)	$0	$0	$0

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990

Filed on Oct. 14, 2019

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

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Fiscal Year Ending Nov.
2017

Revenue

$1,189,983

Expenses

$1,089,282

Net Income

$100,701

Net Assets

$1,241,571

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,120,582	94.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$44,234	3.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$2,914
Other Revenue	$28,081	2.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$20,276	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$295,819	27.2%

Assets/Debt
Total Assets	$1,330,321
Total Liabilities	$88,750
Net Assets	$1,241,571

Club or Co-Op Income
Initiation Fees & Contributions	$4,275
Income From Public Use of Club Facilities	$88,630

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$20,276	$0	$0
Brian Hurley (Director)	$0	$0	$0
Mike Joltki (Director)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
Joseph Houghton (Director)	$0	$0	$0
Ahmet Buharali (President)	$0	$0	$0
Charles Kaliris (Secretary)	$0	$0	$0
David Commerford (Rear Commodore)	$0	$0	$0
Robert Granara (Vice Commodore)	$0	$0	$0

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990

Filed on Oct. 15, 2018

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Fiscal Year Ending Nov.
2016

Revenue

$1,086,187

Expenses

$1,032,094

Net Income

$54,093

Net Assets

$1,140,870

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,008,733	92.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$53,539	4.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,552	0.3%
Other Revenue	$20,363	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$16,165	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$278,101	26.9%

Assets/Debt
Total Assets	$1,229,620
Total Liabilities	$88,750
Net Assets	$1,140,870

Club or Co-Op Income
Initiation Fees & Contributions	$5,625
Income From Public Use of Club Facilities	$92,507

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$16,165	$0	$0
Brian Hurley (Director)	$0	$0	$0
Robert Granara (Rear Commodore)	$0	$0	$0
George Chinafat (Director)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
Ahmet Buharali (Vice President)	$0	$0	$0
Mike Joltki (President)	$0	$0	$0
Charles Kaliris (Secretary)	$0	$0	$0

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990

Filed on Oct. 10, 2017

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

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Fiscal Year Ending Nov.
2015

Revenue

$1,064,544

Expenses

$977,046

Net Income

$87,498

Net Assets

$1,086,777

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$995,173	93.5%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$44,582	4.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$3,619	0.3%
Other Revenue	$21,170	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$14,700	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$252,999	25.9%

Assets/Debt
Total Assets	$1,176,733
Total Liabilities	$89,956
Net Assets	$1,086,777

Club or Co-Op Income
Initiation Fees & Contributions	$4,125
Income From Public Use of Club Facilities	$86,111

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Kinsella (Treasurer)	$14,700	$0	$0
Brian Hurley (Director)	$0	$0	$0
Brian Mc Carthy (Director)	$0	$0	$0
George Chinafat (Commodore)	$0	$0	$0
Mike Balian (Director)	$0	$0	$0
Ahmet Buharali (Rear Commodore)	$0	$0	$0
Paul Inconiglios (President)	$0	$0	$0
Charles Kaliris (Secretary)	$0	$0	$0
Michael Joltki (Vice President)	$0	$0	$0

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990

Filed on Oct. 14, 2016

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

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Fiscal Year Ending Nov.
2014

Revenue

$1,047,288

Expenses

$989,153

Net Income

$58,135

Net Assets

$999,280

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$969,168	92.5%
Investment Income	$345	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$49,131	4.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$11,621	1.1%
Other Revenue	$17,023	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$14,700	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$247,234	25.0%

Assets/Debt
Total Assets	$1,099,235
Total Liabilities	$99,955
Net Assets	$999,280

Club or Co-Op Income
Initiation Fees & Contributions	$13,775
Income From Public Use of Club Facilities	$116,713

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Bertino (Treasurer)	$14,700	$0	$0
Brian Mc Carthy (Director)	$0	$0	$0
George Chinafat (Commodore)	$0	$0	$0
Mike Hammerman (Director)	$0	$0	$0
Ahmet Buharali (Director)	$0	$0	$0
Paul Inconiglios (Vice Commodore)	$0	$0	$0
Ralph Duplin (Director)	$0	$0	$0
Charles Kaliris (Secretary)	$0	$0	$0
Michael Joltki (Rear Commodore)	$0	$0	$0

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990

Filed on Oct. 13, 2015

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Fiscal Year Ending Nov.
2013

Revenue

$1,003,975

Expenses

$1,030,433

Net Income

-$26,458

Net Assets

$941,145

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$936,318	93.3%
Investment Income	$30	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$46,625	4.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$6,380	0.6%
Other Revenue	$14,622	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$14,330	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$284,904	27.6%

Assets/Debt
Total Assets	$955,633
Total Liabilities	$14,488
Net Assets	$941,145

Club or Co-Op Income
Initiation Fees & Contributions	$14,225
Income From Public Use of Club Facilities	$94,354

990

Filed on Nov. 18, 2014

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

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Fiscal Year Ending Nov.
2012

Revenue

$1,013,120

Expenses

$1,042,184

Net Income

-$29,064

Net Assets

$967,603

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$963,447	95.1%
Investment Income	$787	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$26,320	2.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$5,641	0.6%
Other Revenue	$16,925	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$12,220	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$270,861	26.0%

Assets/Debt
Total Assets	$990,438
Total Liabilities	$22,835
Net Assets	$967,603

Club or Co-Op Income
Initiation Fees & Contributions	$8,200
Income From Public Use of Club Facilities	$75,689

990

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

PDF

Fiscal Year Ending Nov.
2011

Revenue

$974,922

Expenses

$971,871

Net Income

$3,051

Net Assets

$996,667

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$873,958	89.6%
Investment Income	$1,253	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$53,920	5.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$12,304	1.3%
Other Revenue	$33,487	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$14,820	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$201,526	20.7%

Assets/Debt
Total Assets	$1,035,466
Total Liabilities	$38,799
Net Assets	$996,667

Club or Co-Op Income
Initiation Fees & Contributions	$6,800
Income From Public Use of Club Facilities	$117,646

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

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Winthrop Yacht Club

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $1.36M (2023)

Expenses $1.28M (2023)

Total Assets $1.72M (2023)

Total Liabilities $44k (2023)

Tax Filings by Year

Fiscal Year Ending Nov. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Nov. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$1.36M (2023)

Expenses

$1.28M (2023)

Total Assets

$1.72M (2023)

Total Liabilities

$44k (2023)

Fiscal Year Ending Nov.
2023

Fiscal Year Ending Nov.
2022

Fiscal Year Ending Nov.
2021

Fiscal Year Ending Nov.
2020

Fiscal Year Ending Nov.
2019

Fiscal Year Ending Nov.
2018

Fiscal Year Ending Nov.
2017

Fiscal Year Ending Nov.
2016

Fiscal Year Ending Nov.
2015

Fiscal Year Ending Nov.
2014

Fiscal Year Ending Nov.
2013

Fiscal Year Ending Nov.
2012

Fiscal Year Ending Nov.
2011

Fiscal Year Ending Nov.
2010

Fiscal Year Ending Nov.
2009

Fiscal Year Ending Nov.
2008

Fiscal Year Ending Nov.
2007