Vero Beach Yacht Club

Vero Beach, FL
Tax-exempt since June 1981
EIN: 59-1203027

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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

$3.22M (2023)

Expenses

$2.8M (2023)

Total Assets

$3.59M (2023)

Total Liabilities

$250k (2023)

Years with missing data

Source: Form 990 tax filings from 2010 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

Revenue

$3,216,641

Expenses

$2,802,657

Net Income

$413,984

Net Assets

$3,339,065

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,109,870	96.7%
Investment Income	$36,367	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$70,404	2.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$980,161	35.0%

Assets/Debt
Total Assets	$3,589,312
Total Liabilities	$250,247
Net Assets	$3,339,065

Club or Co-Op Income
Initiation Fees & Contributions	$417,000
Income From Public Use of Club Facilities	$374,943

Compensation

Key Employees and Officers	Compensation	Related	Other
James Desimone (Commodore)	$0	$0	$0
Gordon Sellers (Vice Commodore)	$0	$0	$0
Kathy Kinasewitz (Secretary)	$0	$0	$0
Jane Booth (Treasurer)	$0	$0	$0
Tim Dolman (Rear Commodore)	$0	$0	$0

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990

Filed on June 10, 2024

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$2,602,713

Expenses

$2,399,740

Net Income

$202,973

Net Assets

$2,925,081

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,541,672	97.7%
Investment Income	$968	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$60,073	2.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$819,336	34.1%

Assets/Debt
Total Assets	$3,161,661
Total Liabilities	$236,580
Net Assets	$2,925,081

Club or Co-Op Income
Initiation Fees & Contributions	$232,150
Income From Public Use of Club Facilities	$294,410

Compensation

Key Employees and Officers	Compensation	Related	Other
Judy Peschio (Commodore)	$0	$0	$0
James Desimone (Vice Commodore)	$0	$0	$0
Kathy Kinasewitz (Secretary)	$0	$0	$0
Jane Booth (Treasurer)	$0	$0	$0
Gordon Sellers (Rear Commodore)	$0	$0	$0

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990

Filed on May 23, 2023

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$2,111,597

Expenses

$1,897,826

Net Income

$213,771

Net Assets

$2,722,108

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,047,980	97.0%
Investment Income	$689	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$62,928	3.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$628,768	33.1%

Assets/Debt
Total Assets	$2,869,008
Total Liabilities	$146,900
Net Assets	$2,722,108

Club or Co-Op Income
Initiation Fees & Contributions	$170,000
Income From Public Use of Club Facilities	$73,133

Compensation

Key Employees and Officers	Compensation	Related	Other
Kristen Rohr (Commodore)	$0	$0	$0
Judy Peschio (Vice Commodore)	$0	$0	$0
Kathy Kinasewitz (Secretary)	$0	$0	$0
Jane Booth (Treasurer)	$0	$0	$0
Sean Kashawlic (Rear Commodore)	$0	$0	$0

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990

Filed on May 12, 2022

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$2,080,299

Expenses

$1,845,942

Net Income

$234,357

Net Assets

$2,370,135

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,023,637	97.3%
Investment Income	$3,578	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$53,084	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$599,593	32.5%

Assets/Debt
Total Assets	$2,526,190
Total Liabilities	$156,055
Net Assets	$2,370,135

Club or Co-Op Income
Initiation Fees & Contributions	$182,400
Income From Public Use of Club Facilities	$215,732

Compensation

Key Employees and Officers	Compensation	Related	Other
Madesta Stevens (Commodore)	$0	$0	$0
Mickey Donofrio (Vice Commodore)	$0	$0	$0
Bob Jones (Rear Commodore)	$0	$0	$0
Tom Peschio (Treasurer)	$0	$0	$0
Kathy Kinasewitz (Secretary)	$0	$0	$0
Lee Bowden (Fleet Captain)	$0	$0	$0
Bob Heckman (Director)	$0	$0	$0
Sam Nerses (Director)	$0	$0	$0
Pam Young (Director)	$0	$0	$0
Michele Hollingworth (Director)	$0	$0	$0
Joel Cipolla (Director)	$0	$0	$0

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990

Filed on June 24, 2020

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$2,004,356

Expenses

$1,692,425

Net Income

$311,931

Net Assets

$2,135,778

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,959,648	97.8%
Investment Income	$1,795	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$42,913	2.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$553,102	32.7%

Assets/Debt
Total Assets	$2,259,778
Total Liabilities	$124,000
Net Assets	$2,135,778

Club or Co-Op Income
Initiation Fees & Contributions	$202,600
Income From Public Use of Club Facilities	$254,651

990

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

PDF

Fiscal Year Ending Dec.
2017

Revenue

$1,795,431

Expenses

$1,437,289

Net Income

$358,142

Net Assets

$1,815,408

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,789,668	99.7%
Investment Income	$1,600	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,163	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$478,210	33.3%

Assets/Debt
Total Assets	$1,936,041
Total Liabilities	$120,633
Net Assets	$1,815,408

Club or Co-Op Income
Initiation Fees & Contributions	$252,320
Income From Public Use of Club Facilities	$212,231

990

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

PDF

Fiscal Year Ending Dec.
2016

Revenue

$1,581,673

Expenses

$1,368,235

Net Income

$213,438

Net Assets

$1,457,266

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,570,926	99.3%
Investment Income	$2,756	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,991	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$434,481	31.8%

Assets/Debt
Total Assets	$1,613,603
Total Liabilities	$156,337
Net Assets	$1,457,266

Club or Co-Op Income
Initiation Fees & Contributions	$117,700
Income From Public Use of Club Facilities	$126,204

990

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

PDF

Fiscal Year Ending Dec.
2015

Revenue

$1,405,724

Expenses

$1,363,654

Net Income

$42,070

Net Assets

$1,243,808

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,401,279	99.7%
Investment Income	$255	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,190	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$458,035	33.6%

Assets/Debt
Total Assets	$1,348,376
Total Liabilities	$104,568
Net Assets	$1,243,808

Club or Co-Op Income
Initiation Fees & Contributions	$117,080
Income From Public Use of Club Facilities	$207,246

990

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

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,325,625

Expenses

$1,435,485

Net Income

-$109,860

Net Assets

$1,201,738

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,312,810	99.0%
Investment Income	$334	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$12,481	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$468,989	32.7%

Assets/Debt
Total Assets	$1,316,271
Total Liabilities	$114,533
Net Assets	$1,201,738

Club or Co-Op Income
Initiation Fees & Contributions	$63,010
Income From Public Use of Club Facilities	$160,430

990

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

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,336,343

Expenses

$1,395,113

Net Income

-$58,770

Net Assets

$1,310,002

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,324,087	99.1%
Investment Income	$912	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$11,344	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$457,048	32.8%

Assets/Debt
Total Assets	$1,424,009
Total Liabilities	$114,007
Net Assets	$1,310,002

Club or Co-Op Income
Initiation Fees & Contributions	$51,755
Income From Public Use of Club Facilities	$142,215

990

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

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,372,817

Expenses

$1,429,967

Net Income

-$57,150

Net Assets

$1,368,802

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,361,754	99.2%
Investment Income	$1,874	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,189	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$476,317	33.3%

Assets/Debt
Total Assets	$1,512,874
Total Liabilities	$144,072
Net Assets	$1,368,802

Club or Co-Op Income
Initiation Fees & Contributions	$76,960
Income From Public Use of Club Facilities	$119,531

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,375,470

Expenses

$1,377,134

Net Income

-$1,664

Net Assets

$1,427,556

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,360,355	98.9%
Investment Income	$3,914	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$11,201	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$488,619	35.5%

Assets/Debt
Total Assets	$1,634,133
Total Liabilities	$206,577
Net Assets	$1,427,556

Club or Co-Op Income
Initiation Fees & Contributions	$106,906
Income From Public Use of Club Facilities	$54,721

990

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

PDF

Fiscal Year Ending Dec.
2010

Revenue

$1,389,015

Expenses

$1,343,229

Net Income

$45,786

Net Assets

$1,472,967

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,372,646	98.8%
Investment Income	$5,841	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$10,528	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$426,027	31.7%

Assets/Debt
Total Assets	$1,704,417
Total Liabilities	$231,450
Net Assets	$1,472,967

Club or Co-Op Income
Initiation Fees & Contributions	$125,350
Income From Public Use of Club Facilities	$108,642

990

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

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

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

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

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

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

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

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

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

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

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

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

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.

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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 »

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Raw filing data. Includes EINs and summary financials as structured data.
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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.
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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.

Updated December 20, 2024

Vero Beach Yacht Club

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.22M (2023)

Expenses $2.8M (2023)

Total Assets $3.59M (2023)

Total Liabilities $250k (2023)

Tax Filings by Year

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. 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

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2009

No Extracted Financial Data

Revenue

$3.22M (2023)

Expenses

$2.8M (2023)

Total Assets

$3.59M (2023)

Total Liabilities

$250k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

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.
2004