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Cape Fear Yacht Club Inc

  • Southport, NC
  • Tax-exempt since July 2020
  • EIN: 56-1890210

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$95.6k (2023)

Expenses
$84.7k (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Years with missing data
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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$95,603
Expenses
$84,725
Net Income
$10,878
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,621
2.7%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $6,109
6.4%
Other Revenue $14,304
15.0%
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Deb Alt (Commodore) $0 $0
Richard Perlini (Vice Commodore) $0 $0
John Bates (Rear Commodore) $0 $0
Donald Feather (Fleet Captain) $0 $0
Susan Forsyth (Governor) $0 $0
Bill Happer (Governor) $0 $0
Stephen Kane (Governor) $0 $0
Susan Payne (Governor) $0 $0
Ann Waddle (Governor) $0 $0
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Document Links

990-EZ
Filed on March 13, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$96,120
Expenses
$104,508
Net Income
-$8,388
Net Assets
$351,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,748
43.4%
Program Services $0
Investment Income $2
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$6,194
Other Revenue $10,755
11.2%
Assets/Debt
Total Assets $475,778
Total Liabilities $124,036
Net Assets $351,742
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Deb Alt (Commodore) $0 $0
Will Long (Vice Commodore) $0 $0
Hervey Andrews (Rear Commodore) $0 $0
Richard Alt (Fleet Captain) $0 $0
Lee Roberts (Governor) $0 $0
Richard Perlini (Governor) $0 $0
Rick Bonifane (Governor) $0 $0
Donald Feather (Governor) $0 $0
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Document Links

990-EZ
Filed on Aug. 8, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$76,221
Expenses
$81,165
Net Income
-$4,944
Net Assets
$360,130
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,350
37.2%
Program Services $11,485
15.1%
Investment Income $1
0.0%
Net Fundraising $1,936
2.5%
Sales of Assets $0
Net Inventory Sales $8,059
10.6%
Other Revenue $0
Assets/Debt
Total Assets $499,825
Total Liabilities $139,695
Net Assets $360,130
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Deb Alt (Commodore) $0 $0
Will Long (Vice Commodore) $0 $0
Hervey Andrews (Rear Commodore) $0 $0
Richard Alt (Fleet Captain) $0 $0
Lee Roberts (Governor) $0 $0
Richard Perlini (Governor) $0 $0
Rick Bonifane (Governor) $0 $0
Donald Feather (Governor) $0 $0
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Document Links

990-EZ
Filed on Jan. 26, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,943
Expenses
$41,600
Net Income
$5,343
Net Assets
$365,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,938
100.0%
Investment Income $5
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 $0
Assets/Debt
Total Assets $527,031
Total Liabilities $161,957
Net Assets $365,074
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
Norman Smith (Commodore) $0 $0 $0
Deb Alt (Board Of Governors) $0 $0 $0
Donald Feather (Board Of Governors) $0 $0 $0
George Bonifant (Board Of Governors) $0 $0 $0
Stephen Bourne (Board Of Governors) $0 $0 $0
Richard Perlini (Board Of Governors) $0 $0 $0
Joe Rodriguez (Vice Comm) $0 $0 $0
David Rhodes (Rear Comm) $0 $0 $0
Rich Alt (Fleet Captain) $0 $0 $0
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Document Links

990
Filed on Aug. 23, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,520
Expenses
$74,435
Net Income
$8,085
Net Assets
$265,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $78,913
95.6%
Investment Income $32
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,575
4.3%
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 $0
Assets/Debt
Total Assets $424,710
Total Liabilities $158,813
Net Assets $265,897
Club or Co-Op Income
Initiation Fees & Contributions $475
Income From Public Use of Club Facilities $3,875

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,778
Expenses
$54,526
Net Income
$24,252
Net Assets
$214,842
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $72,883
92.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $5,895
7.5%
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 $0
Assets/Debt
Total Assets $461,658
Total Liabilities $246,816
Net Assets $214,842
Club or Co-Op Income
Initiation Fees & Contributions $225
Income From Public Use of Club Facilities $6,700

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,438
Expenses
$74,053
Net Income
-$24,615
Net Assets
$250,207
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,138
77.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $11,300
22.9%
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 $0
Assets/Debt
Total Assets $480,355
Total Liabilities $230,148
Net Assets $250,207
Club or Co-Op Income
Initiation Fees & Contributions $1,500
Income From Public Use of Club Facilities $13,400

Document Links

990

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

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$62,763
Expenses
$43,568
Net Income
$19,195
Net Assets
$266,765
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $57,273
91.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $5,490
8.7%
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 $0
Assets/Debt
Total Assets $489,354
Total Liabilities $222,589
Net Assets $266,765
Club or Co-Op Income
Initiation Fees & Contributions $2,482
Income From Public Use of Club Facilities $6,775

Document Links

990

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

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,446
Expenses
$39,880
Net Income
$20,566
Net Assets
$232,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $54,251
89.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $6,195
10.2%
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 $0
Assets/Debt
Total Assets $461,535
Total Liabilities $228,743
Net Assets $232,792
Club or Co-Op Income
Initiation Fees & Contributions $2,500
Income From Public Use of Club Facilities $6,775

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,724
Expenses
$72,044
Net Income
$8,680
Net Assets
$256,353
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $56,507
70.0%
Investment Income $12
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,068
5.0%
Net Fundraising $18,298
22.7%
Sales of Assets $0
Net Inventory Sales $1,839
2.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $497,534
Total Liabilities $241,181
Net Assets $256,353
Club or Co-Op Income
Initiation Fees & Contributions $8,500
Income From Public Use of Club Facilities $5,450
Compensation
Key Employees and Officers Compensation Related Other
Donna Coleman (Board Of Gov) $0 $0 $0
Ricky Evans (Board Of Gov) $0 $0 $0
Rob Landkamer (Board Of Gov) $0 $0 $0
Ed Schrum (Board Of Gov) $0 $0 $0
Bob Degroof (Board Of Gov) $0 $0 $0
Ray Bolling (Commodore) $0 $0 $0
Woody Wilson (Vice Comm) $0 $0 $0
Mike Elliott (Rear Comm) $0 $0 $0
Chris Webster (Fleet Capt) $0 $0 $0
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Document Links

990
Filed on Nov. 14, 2014

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,035
Expenses
$62,005
Net Income
-$1,970
Net Assets
$247,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $48,222
80.3%
Investment Income $23
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,634
6.1%
Net Fundraising $10,112
16.8%
Sales of Assets $750
1.2%
Net Inventory Sales -$2,734
Other Revenue $28
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $498,669
Total Liabilities $251,141
Net Assets $247,528
Club or Co-Op Income
Initiation Fees & Contributions $4,000
Income From Public Use of Club Facilities $4,395

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,727
Expenses
$60,502
Net Income
$10,225
Net Assets
$249,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $50,028
70.7%
Investment Income $82
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,542
5.0%
Net Fundraising $16,136
22.8%
Sales of Assets $275
0.4%
Net Inventory Sales $664
0.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $515,581
Total Liabilities $266,083
Net Assets $249,498
Club or Co-Op Income
Initiation Fees & Contributions $2,500
Income From Public Use of Club Facilities $4,340

Document Links

990

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

PDF

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

990

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

PDF

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

990-EZ

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

PDF

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

990-EZ

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

PDF

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

990

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

PDF

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 »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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