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City Point Yacht Club Inc

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$683k (2023)

Expenses
$597k (2023)

Total Assets
$4.27M (2023)

Total Liabilities
$2.26M (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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$683,185
Expenses
$596,935
Net Income
$86,250
Net Assets
$2,010,375
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $640,931
93.8%
Investment Income $8,518
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $77,941
11.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$44,205
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 $4,267,709
Total Liabilities $2,257,334
Net Assets $2,010,375
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
John Pfannenbecker (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Stephanie Marazzi (Trustee) $0 $0 $0
Salvatore D'amato (Commodore) $0 $0 $0
Christopher Gerakeis (Vice Commodore) $0 $0 $0
Dave Desanti (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Paul Guerrette (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$642,936
Expenses
$583,801
Net Income
$59,135
Net Assets
$1,924,125
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $600,677
93.4%
Investment Income $133
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $42,952
6.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$5,822
Other Revenue $4,996
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,227,501
Total Liabilities $2,303,376
Net Assets $1,924,125
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
John Pfannenbecker (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Stephanie Marazzi (Trustee) $0 $0 $0
Salvatore D'amato (Commodore) $0 $0 $0
Christopher Gerakeis (Vice Commodore) $0 $0 $0
Dave Desanti (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Chris Montz (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$704,116
Expenses
$505,228
Net Income
$198,888
Net Assets
$1,864,990
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $614,332
87.2%
Investment Income $154
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $44,379
6.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $39,168
5.6%
Other Revenue $6,083
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,908,685
Total Liabilities $2,043,695
Net Assets $1,864,990
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
John Pfannenbecker (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Sal Damato (Trustee) $0 $0 $0
Paul Guerrette (Commodore) $0 $0 $0
Christopher Gerakeis (Vice Commodore) $0 $0 $0
Dave Desanti (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Chris Montz (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$544,714
Expenses
$504,273
Net Income
$40,441
Net Assets
$1,666,518
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $473,860
87.0%
Investment Income $1,221
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $34,676
6.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $34,957
6.4%
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 $3,755,433
Total Liabilities $2,088,915
Net Assets $1,666,518
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
John Pfannenbecker (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Sal Damato (Trustee) $0 $0 $0
Paul Guerrette (Commodore) $0 $0 $0
Christopher Gerakeis (Vice Commodore) $0 $0 $0
Dave Desanti (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Chris Montz (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$548,932
Expenses
$503,840
Net Income
$45,092
Net Assets
$1,626,077
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $484,472
88.3%
Investment Income $3,844
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $34,016
6.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $26,600
4.8%
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 $4,067,673
Total Liabilities $2,441,596
Net Assets $1,626,077
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
John Pfannenbecker (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Sal Damato (Trustee) $0 $0 $0
Paul Guerrette (Commodore) $0 $0 $0
Christopher Gerakeis (Vice Commodore) $0 $0 $0
Dave Desanti (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Chris Montz (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$534,496
Expenses
$508,674
Net Income
$25,822
Net Assets
$1,580,985
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $481,264
90.0%
Investment Income $2,667
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $33,239
6.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $17,326
3.2%
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 $4,083,168
Total Liabilities $2,502,183
Net Assets $1,580,985
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
Dave Howard (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Sal Damato (Trustee) $0 $0 $0
Paul Guerette (Commodore) $0 $0 $0
Dave Desanti (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Chris Montz (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$550,751
Expenses
$485,203
Net Income
$65,548
Net Assets
$1,554,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $501,009
91.0%
Investment Income $1,901
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $36,813
6.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $11,028
2.0%
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 $4,221,643
Total Liabilities $2,667,260
Net Assets $1,554,383
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
Robert Pimer (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Jerry Desanti (Trustee) $0 $0 $0
Stephanie Marazzi (Commodore) $0 $0 $0
Paul Guerette (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Salvatore Damato (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$568,486
Expenses
$465,917
Net Income
$102,569
Net Assets
$1,488,835
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $511,633
90.0%
Investment Income $1,930
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $44,635
7.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $10,288
1.8%
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 $4,326,993
Total Liabilities $2,838,158
Net Assets $1,488,835
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
Robert Pimer (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Jerry Desanti (Trustee) $0 $0 $0
Stephanie Marazzi (Commodore) $0 $0 $0
Christopher Gerakeis (Vice Commodore) $0 $0 $0
Paul Guerette (Financial Secretary) $0 $0 $0
Gregory Gerakeis (Secretary) $0 $0 $0
Salvatore D'amato (Treasurer) $0 $0 $0
Brian Lafo (Rear Commodore) $0 $0 $0
Stanley Rakiec (Fleet Captain) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$437,701
Expenses
$340,825
Net Income
$96,876
Net Assets
$1,386,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $382,623
87.4%
Investment Income $1,953
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $49,662
11.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,463
0.8%
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 $4,334,036
Total Liabilities $2,947,770
Net Assets $1,386,266
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
Robert Pimer (Trustee) $0 $0 $0
Frank Besciglia (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Jerry Desanti (Trustee) $0 $0 $0
Stephanie Marazzi (Commodore) $0 $0 $0
John Phfenbecker (Vice Commodore) $0 $0 $0
Paul Guerette (Financial Secretary) $0 $0 $0
Frank Oboyski (Secretary) $0 $0 $0
Salvatore D'amato (Treasurer) $0 $0 $0
Robert Denny (Rear Commodore) $0 $0 $0
Stanley Rakiec (Fleet Captain) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$293,967
Expenses
$168,638
Net Income
$125,329
Net Assets
$1,289,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $252,145
85.8%
Investment Income $1,674
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $35,231
12.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $4,917
1.7%
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 $1,511,432
Total Liabilities $222,042
Net Assets $1,289,390
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
Robert Pimer (Trustee) $0 $0 $0
Ralph Aiello (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Mike Pomitcher (Trustee) $0 $0 $0
Harry Gerakelis (Commodore) $0 $0 $0
Stephanie Marazzi (Vice Commodore) $0 $0 $0
Paul Guerette (Financial Secretary) $0 $0 $0
Frank Oboyski (Secretary) $0 $0 $0
Salvatore D'amato (Treasurer) $0 $0 $0
John Phfenbecker (Rear Commodore) $0 $0 $0
Stanley Rakiec (Fleet Captain) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$311,315
Expenses
$182,678
Net Income
$128,637
Net Assets
$1,164,061
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $238,271
76.5%
Investment Income $1,782
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $31,564
10.1%
Net Fundraising $0
Sales of Assets $25,000
8.0%
Net Inventory Sales $14,698
4.7%
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 $1,397,236
Total Liabilities $233,175
Net Assets $1,164,061
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
Robert Pimer (Trustee) $0 $0 $0
Ralph Aiello (Trustee) $0 $0 $0
Ray Collins (Trustee) $0 $0 $0
Richard Cuomo (Trustee) $0 $0 $0
Mike Pomitcher (Trustee) $0 $0 $0
Harry Gerakelis (Commodore) $0 $0 $0
Stephanie Marazzi (Vice Commodore) $0 $0 $0
Paul Guerette (Financial Secretary) $0 $0 $0
Frank Oboyski (Secretary) $0 $0 $0
Salvatore D'amato (Treasurer) $0 $0 $0
John Phfenbecker (Rear Commodore) $0 $0 $0
Stanley Rakiec (Fleet Captain) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$256,359
Expenses
$165,680
Net Income
$90,679
Net Assets
$1,035,421
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $227,058
88.6%
Investment Income $1,448
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $14,406
5.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $13,447
5.2%
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 $1,295,597
Total Liabilities $260,176
Net Assets $1,035,421
Club or Co-Op Income
Initiation Fees & Contributions $8,000
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$273,292
Expenses
$165,865
Net Income
$107,427
Net Assets
$944,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $226,171
82.8%
Investment Income $2,543
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $29,141
10.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $15,437
5.6%
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 $1,233,593
Total Liabilities $288,851
Net Assets $944,742
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

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

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

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

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

Fiscal Year Ending Dec.
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 Dec.
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 Dec.
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 »

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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.

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