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Ocean Springs 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
$1.18M (2023)

Expenses
$967k (2023)

Total Assets
$2.08M (2023)

Total Liabilities
$1.07M (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
$1,183,527
Expenses
$966,628
Net Income
$216,899
Net Assets
$1,006,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,048,958
88.6%
Program Services $2,548
0.2%
Investment Income $18,628
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$13,403
Sales of Assets -$3
Net Inventory Sales $126,799
10.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $424,732
43.9%
Assets/Debt
Total Assets $2,075,375
Total Liabilities $1,068,923
Net Assets $1,006,452
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
William Buchanan (Secretary) $0 $0 $0
Lloyd Hebert (Past Commodo) $0 $0 $0
Carroll Kovacevich (Vice Commodo) $0 $0 $0
Nicole Mcclendon (Commodore) $0 $0 $0
Michael Ramsey (Rear Commado) $0 $0 $0
Amanda Romano (Fleet Captai) $0 $0 $0
Meade Tyler (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$889,295
Expenses
$855,721
Net Income
$33,574
Net Assets
$800,553
Notable Sources of Revenue Percent of Total Revenue
Contributions $708,805
79.7%
Program Services $1,618
0.2%
Investment Income $2,166
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$11,729
Sales of Assets $0
Net Inventory Sales $188,435
21.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $341,978
40.0%
Assets/Debt
Total Assets $1,908,326
Total Liabilities $1,107,773
Net Assets $800,553
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
Vincent Burke (Secretary) $0 $0 $0
Tim Fortney (Past Commodo) $0 $0 $0
Lloyd Hebert (Commodore) $0 $0 $0
Robbie Holstead (Fleet Captai) $0 $0 $0
Nicole Mcclendon (Vice Commodo) $0 $0 $0
Michael Ramsey (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$803,169
Expenses
$812,601
Net Income
-$9,432
Net Assets
$766,979
Notable Sources of Revenue Percent of Total Revenue
Contributions $630,327
78.5%
Program Services $963
0.1%
Investment Income $1,844
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$16,531
Sales of Assets $0
Net Inventory Sales $186,566
23.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $316,625
39.0%
Assets/Debt
Total Assets $1,934,170
Total Liabilities $1,167,191
Net Assets $766,979
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
Tim Fortney (Commodore) $0 $0 $0
Lloyd Hebert (Vice Commodo) $0 $0 $0
Robbie Holstead (Fleet Captai) $0 $0 $0
Nicole Mcclendon (Rear Commodo) $0 $0 $0
Michael Ramsey (Treasurer) $0 $0 $0
Janie Rayner (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$660,113
Expenses
$638,411
Net Income
$21,702
Net Assets
$776,411
Notable Sources of Revenue Percent of Total Revenue
Contributions $564,094
85.5%
Program Services $1,585
0.2%
Investment Income $2,194
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$15,333
Sales of Assets $0
Net Inventory Sales $107,573
16.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $263,622
41.3%
Assets/Debt
Total Assets $1,840,448
Total Liabilities $1,064,037
Net Assets $776,411
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
Todd Coulter (Treasurer) $0 $0 $0
Tim Fortney (Vice Commodo) $0 $0 $0
Glen Hughes (Secretary) $0 $0 $0
Andrew Luquet (Fleet Captai) $0 $0 $0
Joe Pocreva (Commodore) $0 $0 $0
Ron Rivard (Rear Commodo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$597,824
Expenses
$595,443
Net Income
$2,381
Net Assets
$754,709
Notable Sources of Revenue Percent of Total Revenue
Contributions $517,400
86.5%
Program Services $2,309
0.4%
Investment Income $1,947
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$16,070
Sales of Assets $0
Net Inventory Sales $92,238
15.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $237,276
39.8%
Assets/Debt
Total Assets $1,871,128
Total Liabilities $1,116,419
Net Assets $754,709
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
Todd Coulter (Treasurer) $0 $0 $0
Tim Fortney (Rear Commodo) $0 $0 $0
Patty Hogan (Secretary) $0 $0 $0
Neal Olive (Commodore) $0 $0 $0
Joe Pocreva (Vice Commodo) $0 $0 $0
Jay Williams (Fleet Captai) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$560,648
Expenses
$562,701
Net Income
-$2,053
Net Assets
$755,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $439,811
78.4%
Program Services $3,016
0.5%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,566
1.5%
Net Fundraising -$10,575
Sales of Assets $0
Net Inventory Sales $119,817
21.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $230,779
41.0%
Assets/Debt
Total Assets $1,907,965
Total Liabilities $1,152,437
Net Assets $755,528
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
Shannon Ford (Commodore) $0 $0 $0
Neal Olive (Vice Commodo) $0 $0 $0
Joe Pocreva (Rear Commodo) $0 $0 $0
Patty Hogan (Secretary) $0 $0 $0
Todd Coulter (Treasurer) $0 $0 $0
Jay Williams (Fleet Captai) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$509,653
Expenses
$536,692
Net Income
-$27,039
Net Assets
$757,581
Notable Sources of Revenue Percent of Total Revenue
Contributions $394,774
77.5%
Program Services $976
0.2%
Investment Income $21
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,817
0.6%
Net Fundraising -$5,185
Sales of Assets $0
Net Inventory Sales $116,250
22.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $197,330
36.8%
Assets/Debt
Total Assets $1,946,528
Total Liabilities $1,188,947
Net Assets $757,581
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
Stopher Haug (Commodore) $0 $0 $0
Shannon Ford (Vice Commodo) $0 $0 $0
Chris Minke (Rear Commodo) $0 $0 $0
Kathrin Williams (Secretary) $0 $0 $0
Tina Seymour Demoran (Treasurer) $0 $0 $0
Jay Shuman (Fleet Captai) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$625,321
Expenses
$579,669
Net Income
$45,652
Net Assets
$784,620
Notable Sources of Revenue Percent of Total Revenue
Contributions $445,732
71.3%
Program Services $1,709
0.3%
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,300
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $175,574
28.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $191,860
33.1%
Assets/Debt
Total Assets $2,017,053
Total Liabilities $1,232,433
Net Assets $784,620
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
Chris Minke (First Year Board Of Governors) $0 $0 $0
Lloyd Hebert (Second Year Board Of Governor) $0 $0 $0
Chris Walton (First Year Board Of Governors) $0 $0 $0
Mark Carter (First Year Board Of Governors) $0 $0 $0
Stopher Haug (Vice Commodore) $0 $0 $0
Ron Haaf (Commodore) $0 $0 $0
Shannon Ford (Rear Commmodore) $0 $0 $0
Jude Mcdonnell (Treasurer) $0 $0 $0
Tina Demoran (Secretary) $0 $0 $0
Jay Shuman (Fleet Captain) $0 $0 $0
Darlene Smith (General Manager) $0 $0 $0
Cyndi Moncreiff (Past Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$616,447
Expenses
$568,301
Net Income
$48,146
Net Assets
$739,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $443,808
72.0%
Program Services $0
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,400
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $166,737
27.0%
Other Revenue $3,497
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $190,908
33.6%
Assets/Debt
Total Assets $2,019,163
Total Liabilities $1,279,914
Net Assets $739,249
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
Darlene Smith (General Manager) $39,625 $0 $0
Benton Howie (First Year Board Of Governors) $0 $0 $0
Shannon Ford (Second Year Board Of Governor) $0 $0 $0
Neal Olive (Second Year Board Of Governor) $0 $0 $0
Lloyd Hebert (First Year Board Of Governors) $0 $0 $0
Ron Haaf (Vice Commodore) $0 $0 $0
Cynthia Moncreiff (Commodore) $0 $0 $0
Stopher Houg (Rear Commmodore) $0 $0 $0
Bill Moorer (Treasurer) $0 $0 $0
Tina Seymour (Secretary) $0 $0 $0
Jay Shuman (Fleet Captain) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$632,641
Expenses
$631,082
Net Income
$1,559
Net Assets
$691,103
Notable Sources of Revenue Percent of Total Revenue
Contributions $436,352
69.0%
Program Services $0
Investment Income $9
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,875
0.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $187,890
29.7%
Other Revenue $3,515
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $189,076
30.0%
Assets/Debt
Total Assets $2,033,906
Total Liabilities $1,342,803
Net Assets $691,103
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
Darlene Smith (General Manager) $37,000 $0 $0
Shannon Ford (First Year Board Of Governors) $0 $0 $0
Benton Howie (First Year Board Of Governors) $0 $0 $0
Stopher Haug (Second Year Board Of Governor) $0 $0 $0
Neal Olive (First Year Board Of Governors) $0 $0 $0
Ron Haaf (Rear Commodore) $0 $0 $0
Cynthia Moncrieff (Vice Commodore) $0 $0 $0
Roger Gardner (Commmodore) $0 $0 $0
Charles Smith (Treasurer) $0 $0 $0
Suzanne Hawkins (Secretary) $0 $0 $0
Joe Pocreva (Fleet Captain) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$574,069
Expenses
$559,093
Net Income
$14,976
Net Assets
$689,544
Notable Sources of Revenue Percent of Total Revenue
Contributions $428,017
74.6%
Program Services $0
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,050
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $138,539
24.1%
Other Revenue $3,453
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $162,251
29.0%
Assets/Debt
Total Assets $2,071,579
Total Liabilities $1,382,035
Net Assets $689,544
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
Darlene Smith (General Manager) $35,040 $0 $0
Glen Bolner (First Year Board Of Governors) $0 $0 $0
Robert Patt (First Year Board Of Governors) $0 $0 $0
Stopher Haug (Second Year Board Of Governor) $0 $0 $0
Suzanne Hawkins (Second Year Board Of Governor) $0 $0 $0
Dee Smelley (Commodore) $0 $0 $0
Cynthia Moncrieff (Rear Commodore) $0 $0 $0
Roger Gardner (Vice Commmodore) $0 $0 $0
Jack Riley (Tresurer) $0 $0 $0
Stan Owen (Secretary) $0 $0 $0
Steve Bussard (Past Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$518,152
Expenses
$534,570
Net Income
-$16,418
Net Assets
$674,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $373,613
72.1%
Program Services $0
Investment Income $7
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,506
1.8%
Net Fundraising $0
Sales of Assets -$938
Net Inventory Sales $127,908
24.7%
Other Revenue $8,056
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $149,013
27.9%
Assets/Debt
Total Assets $2,065,879
Total Liabilities $1,391,311
Net Assets $674,568
Club or Co-Op Income
Initiation Fees & Contributions $11,050
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
$512,473
Expenses
$610,517
Net Income
-$98,044
Net Assets
$691,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $387,175
75.6%
Program Services $0
Investment Income $30
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,024
0.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $120,154
23.4%
Other Revenue $1,090
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $155,937
25.5%
Assets/Debt
Total Assets $2,105,696
Total Liabilities $1,414,118
Net Assets $691,578
Club or Co-Op Income
Initiation Fees & Contributions $45,650
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

What Is 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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