North East River Yacht Club Inc

North East, MD
Tax-exempt since Dec. 1972
EIN: 52-0567737

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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.

Revenue

$668k (2024)

Expenses

$659k (2024)

Total Assets

$1.03M (2024)

Total Liabilities

$1.72M (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

Revenue

$667,675

Expenses

$658,885

Net Income

$8,790

Net Assets

-$693,434

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$148,736	22.3%
Program Services	$515,144	77.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,446	0.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$2,349	0.4%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$207,500	31.5%

Assets/Debt
Total Assets	$1,030,373
Total Liabilities	$1,723,807
Net Assets	-$693,434

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$65,470

Compensation

Key Employees and Officers	Compensation	Related	Other
Matt Sheldrick (Immediate Past Commodore)	$0	$0	$0
Dick Martin (Commodore)	$0	$0	$0
Joe Romasco (Vice Commodore)	$0	$0	$0
Keely Childers Heany (Rear Commodore)	$0	$0	$0
Phyllis Colanero (Secretary)	$0	$0	$0
Lynda Dipasquale (Treasurer)	$0	$0	$0
Linda Child (Fleet Captain)	$0	$0	$0

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990

Filed on April 10, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$706,328

Expenses

$682,490

Net Income

$23,838

Net Assets

-$702,224

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$126,163	17.9%
Program Services	$565,981	80.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$16,756	2.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$2,572
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$241,880	35.4%

Assets/Debt
Total Assets	$846,028
Total Liabilities	$1,548,252
Net Assets	-$702,224

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$69,758

Compensation

Key Employees and Officers	Compensation	Related	Other
Lori Lukeman (Immediate Past Commodore)	$0	$0	$0
Matt Sheldrick (Commodore)	$0	$0	$0
Dick Martin (Vice Commodore)	$0	$0	$0
Joe Romasco (Rear Commodore)	$0	$0	$0
Phyllis Colanero (Secretary)	$0	$0	$0
Lynda Dipasquale (Treasurer)	$0	$0	$0
Linda Child (Fleet Captain)	$0	$0	$0

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990

Filed on March 28, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$681,632

Expenses

$622,562

Net Income

$59,070

Net Assets

-$726,062

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$131,267	19.3%
Program Services	$537,124	78.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,403	2.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$1,162
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$193,967	31.2%

Assets/Debt
Total Assets	$902,707
Total Liabilities	$1,628,769
Net Assets	-$726,062

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$71,341

Compensation

Key Employees and Officers	Compensation	Related	Other
Claire Brechter (Immediate Past Commodore)	$0	$0	$0
Lori Lukeman (Commodore)	$0	$0	$0
Amy Grove (Vice Commodore)	$0	$0	$0
Dick Martin (Rear Commodore)	$0	$0	$0
Ceil Keenan (Secretary)	$0	$0	$0
Chris Reno (Treasurer)	$0	$0	$0
Joe Romasco (Fleet Captain)	$0	$0	$0

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990

Filed on June 6, 2023

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

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Fiscal Year Ending Dec.
2021

Revenue

$680,897

Expenses

$681,897

Net Income

-$1,000

Net Assets

-$785,132

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$114,835	16.9%
Program Services	$550,418	80.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$15,070	2.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$574	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$178,925	26.2%

Assets/Debt
Total Assets	$907,235
Total Liabilities	$1,692,367
Net Assets	-$785,132

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$81,812

Compensation

Key Employees and Officers	Compensation	Related	Other
Dave Brzezowski (Immediate Past Commodore)	$0	$0	$0
Claire Brechter (Commodore)	$0	$0	$0
Lori Lukeman (Vice Commodore)	$0	$0	$0
Amy Grove (Rear Commodore)	$0	$0	$0
Ceil Keenan (Secretary)	$0	$0	$0
Chris Reno (Treasurer)	$0	$0	$0
Bob Gamble (Fleet Captain)	$0	$0	$0

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990

Filed on May 16, 2022

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

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Fiscal Year Ending Dec.
2020

Revenue

$503,837

Expenses

$507,408

Net Income

-$3,571

Net Assets

-$784,132

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$120,945	24.0%
Program Services	$376,559	74.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,687	1.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$646	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$95,532	18.8%

Assets/Debt
Total Assets	$973,169
Total Liabilities	$1,757,301
Net Assets	-$784,132

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$29,094

Compensation

Key Employees and Officers	Compensation	Related	Other
Matt Sheldrick (Immediate Past Commodore)	$0	$0	$0
Dave Brzezowski (Commodore)	$0	$0	$0
Claire Brechter (Vice Commodore)	$0	$0	$0
Lori Lukeman (Rear Commodore)	$0	$0	$0
Ceil Keenan (Secretary)	$0	$0	$0
Chris Reno (Treasurer)	$0	$0	$0
Bob Gamble (Fleet Captain)	$0	$0	$0

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990

Filed on May 17, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$683,581

Expenses

$736,579

Net Income

-$52,998

Net Assets

-$780,561

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$104,845	15.3%
Program Services	$559,055	81.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$18,214	2.7%
Net Fundraising	$0
Sales of Assets	-$970
Net Inventory Sales	$2,437	0.4%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$184,960	25.1%

Assets/Debt
Total Assets	$1,069,741
Total Liabilities	$1,850,302
Net Assets	-$780,561

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$45,678

Compensation

Key Employees and Officers	Compensation	Related	Other
Brian Fuchs (Immediate Past Commodore)	$0	$0	$0
Matt Sheldrick (Commodore)	$0	$0	$0
Dave Brzezowski (Vice Commodore)	$0	$0	$0
Claire Brechter (Rear Commodore)	$0	$0	$0
Ceil Keenan (Secretary)	$0	$0	$0
Chris Reno (Treasurer)	$0	$0	$0
Glenn Davis (Fleet Captain)	$0	$0	$0

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990

Filed on Aug. 31, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$762,192

Expenses

$734,962

Net Income

$27,230

Net Assets

-$616,392

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$125,896	16.5%
Program Services	$620,681	81.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$18,290	2.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$2,675
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$196,497	26.7%

Assets/Debt
Total Assets	$1,308,999
Total Liabilities	$1,925,391
Net Assets	-$616,392

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
Bob Molloy (Immediate Past Commodore)	$0	$0	$0
Brian Fuchs (Commodore)	$0	$0	$0
Matt Sheldrick (Vice Commodore)	$0	$0	$0
Dave Brzezowski (Rear Commodore)	$0	$0	$0
Ceil Keenan (Secretary)	$0	$0	$0
Chris Reno (Treasurer)	$0	$0	$0
Clair Brechter (Fleet Captain)	$0	$0	$0

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990

Filed on Nov. 12, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$670,644

Expenses

$796,694

Net Income

-$126,050

Net Assets

-$658,180

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$129,842	19.4%
Program Services	$522,992	78.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$16,409	2.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$1,401	0.2%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$211,384	26.5%

Assets/Debt
Total Assets	$1,316,241
Total Liabilities	$1,974,421
Net Assets	-$658,180

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
Bob Molloy (Commodore)	$0	$0	$0
Brian Fuchs (Vice Commodore)	$0	$0	$0
Matt Sheldrick (Rear Commodore)	$0	$0	$0
Dave Brzezowski (Fleet Captain)	$0	$0	$0
Ceil Keenan (Secretary)	$0	$0	$0
Bill Dallas (Treasurer)	$0	$0	$0
Paul Miller (Immediate Past Commodore)	$0	$0	$0
Judy Murray (Membership Chair)	$0	$0	$0
Wes Dinsel (Sail Program Chair)	$0	$0	$0
Judy Herman (Finance Chair)	$0	$0	$0
Phil Dipasquale (Administration)	$0	$0	$0
Howard Moore (Restaurant Chair)	$0	$0	$0
Rick Hanson (Dockmaster)	$0	$0	$0
Steve Young (Buildings And Grounds)	$0	$0	$0

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990

Filed on July 15, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$741,570

Expenses

$855,319

Net Income

-$113,749

Net Assets

-$426,918

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$736,870	99.4%
Investment Income	$12	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$4,429	0.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$259	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$214,933	25.1%

Assets/Debt
Total Assets	$1,367,369
Total Liabilities	$1,794,287
Net Assets	-$426,918

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

990

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

PDF

Fiscal Year Ending Dec.
2015

Revenue

$381,105

Expenses

$582,732

Net Income

-$201,627

Net Assets

-$381,105

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$150	0.0%
Program Services	$380,943	100.0%
Investment Income	$12	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$186,947	32.1%

Assets/Debt
Total Assets	$1,462,120
Total Liabilities	$1,843,225
Net Assets	-$381,105

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$55,985

990

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

PDF

Fiscal Year Ending Dec.
2014

Revenue

$667,510

Expenses

$566,564

Net Income

$100,946

Net Assets

-$267,115

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$650	0.1%
Program Services	$666,768	99.9%
Investment Income	$92	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$101,614	17.9%

Assets/Debt
Total Assets	$1,589,250
Total Liabilities	$1,856,365
Net Assets	-$267,115

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

990

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

PDF

Fiscal Year Ending Dec.
2013

Revenue

$394,448

Expenses

$458,537

Net Income

-$64,089

Net Assets

-$306,969

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$388,459	98.5%
Investment Income	$199	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,616	1.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$1,826
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,913	8.7%

Assets/Debt
Total Assets	$1,582,636
Total Liabilities	$1,889,605
Net Assets	-$306,969

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$38,664

990

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

PDF

Fiscal Year Ending Dec.
2012

Revenue

$410,707

Expenses

$486,242

Net Income

-$75,535

Net Assets

$198,435

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$410,108	99.9%
Investment Income	$299	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,190	3.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$13,889
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,058	7.2%

Assets/Debt
Total Assets	$2,125,228
Total Liabilities	$1,926,793
Net Assets	$198,435

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$42,060

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$430,341

Expenses

$516,523

Net Income

-$86,182

Net Assets

-$110,105

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$413,789	96.2%
Investment Income	$313	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$14,190	3.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$2,049	0.5%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$33,045	6.4%

Assets/Debt
Total Assets	$1,989,232
Total Liabilities	$2,099,337
Net Assets	-$110,105

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

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North East River Yacht Club Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $668k (2024)

Expenses $659k (2024)

Total Assets $1.03M (2024)

Total Liabilities $1.72M (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$668k (2024)

Expenses

$659k (2024)

Total Assets

$1.03M (2024)

Total Liabilities

$1.72M (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Nov.
2003

Fiscal Year Ending Nov.
2002