Open Daily 10am - 5pm | 365 Thames Street, Newport RI, 02840 Plan Your Visit
Open Daily 10am - 5pm Plan Your Visit
Yacht Clubs
Hyannis Yacht Club
Founded in 1927, Hyannis Yacht Club has a distinguished history of hosting world, national and regional championship regattas. HYC’s junior sailing program is the largest on Cape Cod and more than a few of the program’s graduates have gone on to All-American status at the college level.
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The Sailing Museum & National Sailing Hall of Fame
365 Thames St. Newport RI 02840 401.324.5761
The Sailing Museum
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Captain's Table at Hyannis Yacht Club
Restaurants, Cafes, Taverns Food: Catering / Chef Food: Restaurants, Cafes, Taverns Professional Services: Weddings & Special Occasions Weddings
- 490 Ocean Street Hyannis MA 02601
- (508) 775-9331
- Visit Website
Monday – Saturday 11:30am – 9:00pm Sunday 9:30am - 9:00pm
Driving Directions:
Take Exit 6 off Rte 6 onto Rte 132 towards Hyannis. Take 2nd exit off rotary onto Barnstable Rd. Barnstable Rd will become Ocean St. Veterans Beach & HYC on left 1-mi after Hy-Line Ferry Terminal
The Captain’s Table Restaurant at Hyannis Yacht Club In addition to a sensational sailing venue, the Club has a wonderful restaurant featuring seafood and steaks. Our main dining room and bar are open daily for lunch and dinner year round. In season, members enjoy casual dining on our covered deck overlooking the bay. In addition to the full menu, the bar features light fare and is the hub of both social and recreational activities around the Club. Our culinary staff is skilled in creating custom quality foods that are not only appealing to your taste but pleasing to the eye. Quality food, excellent service, elegant atmosphere are all yours when dining at the Captain's Table. Persons may join the club as an Associate Member to enjoy the dining experience and the views of the bay provided at the Captains Table. This membership allow the Associate to participate in dinner dances, lectures and other selective lunch and dinner activities.
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NonProfitFacts.com - Tax-Exempt Organizations
Hyannis Yacht Club in Hyannis, Massachusetts (MA)
- Statements Regarding Other IRS Filings and Tax Compliance
- Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
- Statement of Revenue
- Statement of Functional Expenses
- Balance Sheet
- Reason for Public Charity Status
- Revenue, Expenses, and Changes in Net Assets or Fund Balances
- Balance Sheets
- Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
- Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
- Current Officers, Directors, Trustees, and Key Employees
- Other Information
- Analysis of Income-Producing Activities
- Information Regarding Taxable Subsidiaries and Disregarded Entities
- Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees
- Statements About Activities
- Reason for Non-Private Foundation Status
- Support Schedule
- Lobbying Expenditures by Electing Public Charities
- Organizations performing similar types of work
Organization representatives - add corrected or new information about Hyannis Yacht Club »
Non-representatives - add comments about Hyannis Yacht Club»
| Hyannis Yacht Club | |
| Employer Identification Number (EIN) | 042000996 |
| Name of Organization | Hyannis Yacht Club |
| Address | 490 Ocean St, Hyannis, MA 02601-4743 |
| Activities | Other social activities, Other sports or athletic activities |
| Subsection | Pleasure, Recreational, or Social Club |
| Ruling Date | 08/1947 |
| Deductibility | Contributions are not deductible |
| Foundation | All organizations except 501(c)(3) |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 09/2014 |
| Assets | $5,000,000 to $9,999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $5,500,859 |
| Amount of Income | $4,521,037 |
| Form 990 Revenue Amount | $1,764,602 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club |
Non-representatives - add comments:
| Hyannis Yacht Club: | $4,521,037 |
| Other organizations performing similar types of work: | $3,264,933 |
| Hyannis Yacht Club: | $5,500,859 |
| Other organizations performing similar types of work: | $4,146,183 |
| This organization: | $1,831,626 |
| Other organizations performing similar types of work: | $2,756,992 |
| Hyannis Yacht Club: | 2.5 |
| Other organizations performing similar types of work: | 1.1 |
| Hyannis Yacht Club: | 174 |
| Other organizations performing similar types of work: | 104 |
| This organization: | 0.6% |
| Other organizations performing similar types of work: | 0.0% |
Financial snapshot ($)
Revenue for 2013
Assets at the end of 2013
Functional expenses for 2013
| Checklist | ||
| 2012 | 2013 | |
|---|---|---|
| Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? | No | No |
| Is the organization required to complete Schedule B, Schedule of Contributors? | No | No |
| Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? | No | No |
| Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? | No | No |
| Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? | No | No |
| Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? | No | No |
| Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? | No | No |
| Did the organization maintain collections of works of art, historical treasures, or other similar assets? | No | No |
| Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services? | No | No |
| Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? | No | No |
| Did the organization report an amount for land, buildings, and equipment? | Yes | Yes |
| Did the organization report an amount for investments-other securities that is 5% or more of its total assets? | No | No |
| Did the organization report an amount for investments-program related that is 5% or more of its total assets? | No | No |
| Did the organization report an amount for other assets that is 5% or more of its total assets? | No | No |
| Did the organization report an amount for other liabilities? | No | No |
| Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? | Yes | Yes |
| Did the organization obtain separate, independent audited financial statements for the tax year? | Yes | Yes |
| Was the organization included in consolidated, independent audited financial statements for the tax year? | No | No |
| Is the organization a school described in section 170(b)(1)(A)(ii)? | No | No |
| Did the organization maintain an office, employees, or agents outside of the United States? | No | No |
| Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? | No | No |
| Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization? | No | No |
| Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals? | No | No |
| Did the organization report a total of more than $15,000 of expenses for professional fundraising services? | No | No |
| Did the organization report more than $15,000 total of fundraising event gross income and contributions? | No | No |
| Did the organization report more than $15,000 of gross income from gaming activities? | No | No |
| Did the organization operate one or more hospital facilities? | No | No |
| Did the organization attach a copy of its audited financial statements? | No | No |
| Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government? | No | No |
| Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals? | No | No |
| Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? | No | Yes |
| Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? | No | No |
| Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? | No | No |
| Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? | No | No |
| Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year? | No | No |
| Did the organization engage in an excess benefit transaction with a disqualified person during the year? | No | No |
| Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? | No | No |
| Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? | No | No |
| Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? | No | No |
| Was the organization a party to a business transaction with one of the following parties | ||
| A current or former officer, director, trustee, or key employee? | No | No |
| A family member of a current or former officer, director, trustee, or key employee? | Yes | No |
| An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? | No | No |
| Did the organization receive more than $25,000 in non-cash contributions? | No | No |
| Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? | No | No |
| Did the organization liquidate, terminate, or dissolve and cease operations? | No | No |
| Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? | No | No |
| Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? | No | No |
| Was the organization related to any tax-exempt or taxable entity? | No | No |
| Did the organization have a controlled entity within the meaning of section 512(b)(13)? | No | No |
| Did the organization make any transfers to an exempt non-charitable related organization? | No | No |
| Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? | No | No |
| Statements Regarding Other IRS Filings and Tax Compliance | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| The number reported in Box 3 of Form 1096 | 19 | 16 | |
| The number of Forms W-2G | 0 | 0 | |
| Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? | No | No | |
| The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return | 159 | 174 | |
| Did the organization file all required federal employment tax returns? | Yes | Yes | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | Yes | Yes | Yes |
| Has it filed a Form 990-T for this year? | Yes | Yes | |
| At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? | No | No | |
| Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? | No | No | |
| Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? | No | No | |
| Did the organization file Form 8886-T? | No | No | |
| Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? | No | No | |
| Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? | No | No | |
| Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? | No | No | |
| Did the organization notify the donor of the value of the goods or services provided? | No | No | |
| Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? | No | No | |
| Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? | No | No | |
| Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? | No | No | |
| If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? | No | No | |
| If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? | No | No | |
| Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? | No | No | |
| Did the sponsoring organization make any taxable distributions under section 4966? | No | No | |
| Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? | No | No | |
| Initiation fees and capital contributions | $29,250 | $38,500 | $42,000 |
| Gross receipts for public use of club facilities | $63,535 | $43,398 | $33,986 |
| Gross income from members or shareholders | $0 | $0 | $0 |
| Gross income from other sources | $0 | $0 | $0 |
| Is the organization filing Form 990 in lieu of Form 1041? | No | No | |
| The amount of tax-exempt interest received or accrued during the year | $0 | $0 | |
| Is the organization licensed to issue qualified health plans in more than one state? | No | No | |
| The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans | $0 | $0 | |
| The amount of reserves on hand | $0 | $0 | |
| Did the organization receive any payments for indoor tanning services during the tax year? | No | No | |
| Has it filed a Form 720 to report these payments? | No | No | |
| Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors | ||
| 2012 | 2013 | |
|---|---|---|
| Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees | ||
| Total reportable compensation from the organization | $115,534 | $123,233 |
| Total reportable compensation from related organizations | $0 | $0 |
| Total estimated amount of other compensation from the organization and related organizations | $15,600 | $10,282 |
| Total number of individuals who received more than $100,000 of reportable compensation from the organization | 1 | 1 |
| Total number of independent contractors who received more than $100,000 of compensation from the organization | 0 | 0 |
| Statement of Revenue | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $1,617,508 | $2,030,994 | $1,864,984 |
| Contributions, Gifts, Grants and Other Similar Amounts | $0 | $0 | $0 |
| Program Service Revenue | $1,536,385 | $1,791,469 | $1,614,835 |
| All Other Amusement and Recreation Industries | $1,339,960 | $1,165,545 | |
| All Other Amusement and Recreation Industries | $191,981 | $206,558 | |
| All Other Amusement and Recreation Industries | $137,131 | $145,322 | |
| All Other Amusement and Recreation Industries | $61,900 | $49,546 | |
| All Other Amusement and Recreation Industries | $60,497 | $47,864 | |
| All other program service revenue | $0 | $0 | |
| Other Revenue | |||
| Investment income (including dividends, interest, and other similar amounts) | $4,955 | $1,553 | $1,914 |
| Income from investment of tax-exempt bond proceeds | $0 | $0 | $0 |
| Royalties | $0 | $0 | $0 |
| Net rental loss | $-18,350 | $-19,932 | $-18,048 |
| Gross rents (Real / Personal) | $45,600 / $0 | $45,600 / $0 | $45,600 / $0 |
| Less: rental expenses (Real / Personal) | $63,950 / $0 | $65,532 / $0 | $63,648 / $0 |
| Rental income or (loss) (Real / Personal) | $-18,350 / $0 | $-19,932 / $0 | $-18,048 / $0 |
| Net gain/loss from sales of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from fundraising events | $0 | $0 | $0 |
| Net income/loss from gaming activities | $0 | $0 | $0 |
| Net income/loss from sales of inventory | $83,115 | $246,506 | $251,315 |
| Gross sales of inventory, less returns and allowances | $2,405,856 | $2,538,879 | $2,684,934 |
| Less: cost of goods sold | $2,322,741 | $2,292,373 | $2,433,619 |
| Miscellaneous Revenue | $11,403 | $11,398 | $14,968 |
| All Other Amusement and Recreation Industries | $9,617 | $7,801 | |
| All Other Amusement and Recreation Industries | $1,781 | $7,167 | |
| All other revenue | $0 | $0 | |
| Statement of Functional Expenses | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total functional expenses | $1,636,072 | $1,771,741 | $1,831,626 |
| Grants and other assistance to domestic organizations and domestic governments | $0 | $0 | |
| Grants and other assistance to domestic individuals | $0 | $0 | |
| Grants and other assistance to foreign organizations, foreign governments, and foreign individuals | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, directors, trustees, and key employees | $124,189 | $118,974 | $184,130 |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Other salaries and wages | $405,609 | $414,548 | $394,869 |
| Pension plan accruals and contributions | $0 | $0 | |
| Other employee benefits | $43,647 | $64,251 | |
| Payroll taxes | $54,961 | $54,455 | $59,739 |
| Fees for services (non-employees) | |||
| Management | $0 | $0 | |
| Legal | $0 | $53,424 | |
| Accounting | $22,377 | $0 | |
| Lobbying | $0 | $0 | |
| Professional fundraising services | $0 | $0 | $0 |
| Investment management fees | $0 | $0 | |
| Other | $45,722 | $48,974 | |
| Advertising and promotion | $16,552 | $13,567 | |
| Office expenses | $0 | $0 | |
| Information technology | $0 | $0 | |
| Royalties | $0 | $0 | |
| Occupancy | $93,349 | $96,982 | |
| Travel | $0 | $0 | |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | $0 | |
| Conferences, conventions, and meetings | $0 | $0 | |
| Interest | $75,518 | $62,695 | |
| Payments to affiliates | $0 | $0 | |
| Depreciation, depletion, and amortization | $205,840 | $210,439 | |
| Insurance | $133,255 | $116,296 | |
| Other expenses | $204,192 | $155,978 | |
| Other expenses | $67,312 | $76,356 | |
| Other expenses | $57,916 | $63,586 | |
| Other expenses | $50,486 | $57,002 | |
| Other expenses | $167,598 | $173,338 | |
| Balance Sheet | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $5,490,754 | $5,656,695 | $5,692,478 |
| Cash - non-interest-bearing | $174,299 | $21,432 | |
| Savings and temporary cash investments | $541,860 | $749,630 | |
| Pledges and grants receivable, net | $0 | $0 | |
| Accounts receivable, net | $372,188 | $370,999 | |
| Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees | $0 | $0 | |
| Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations | $0 | $0 | |
| Notes and loans receivable, net | $0 | $0 | |
| Inventories for sale or use | $77,050 | $78,395 | |
| Prepaid expenses and deferred charges | $50,137 | $57,882 | |
| Land, buildings, and equipment: cost or other basis | $4,439,589 | $4,400,568 | |
| Investments - publicly traded securities | $0 | $0 | |
| Investments - other securities | $0 | $0 | |
| Investments - program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $1,572 | $13,572 | |
| Total liabilities | $2,320,433 | $2,288,121 | $2,290,546 |
| Accounts payable and accrued expenses | $259,734 | $313,212 | |
| Grants payable | $0 | $0 | |
| Deferred revenue | $0 | $0 | |
| Tax-exempt bond liabilities | $0 | $0 | $0 |
| Escrow or custodial account liability | $0 | $0 | |
| Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $2,067,028 | $2,028,387 | $1,977,334 |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | $0 |
| Other liabilities (including federal income tax, payables to related third parties, and other liabilities) | $0 | $0 | |
| Total net assets or fund balances | $3,170,321 | $3,368,574 | $3,401,932 |
| Unrestricted net assets | $3,368,574 | $3,401,932 | |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
| Capital stock or trust principal, or current funds | $0 | $0 | |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | $0 | |
| Retained earnings, endowment, accumulated income, or other funds | $0 | $0 | $0 |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | Not provided |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2000 | 2001 | 2002 | |
|---|---|---|---|
| Total revenue | $2,134,571 | $2,375,937 | $2,293,937 |
| Contributions, gifts, grants, and similar amounts received | $0 | $0 | $0 |
| Contributions to donor advised funds | |||
| Direct public support | $0 | $0 | $0 |
| Indirect public support | $0 | $0 | $0 |
| Government contributions (grants) | $0 | $0 | $0 |
| Program service revenue including government fees and contracts | $188,370 | $214,097 | $244,527 |
| Membership dues and assessments | $784,466 | $788,552 | $784,301 |
| Interest on savings and temporary cash investments | $42,106 | $9,952 | $3,859 |
| Dividends and interest from securities | $0 | $0 | $0 |
| Net rental income or (loss) | $0 | $0 | $0 |
| Gross rents | $0 | $0 | $0 |
| Less: rental expenses | $0 | $0 | $0 |
| Other investment income | $0 | $0 | $0 |
| Gain or (loss) from sales of assets other than inventory | $0 | $3,500 | $0 |
| Gross amount from sales of assets other than inventory | $0 | $3,500 | $0 |
| Less: cost or other basis and sales expenses | $0 | $0 | $0 |
| Net income or (loss) from special events and activities | $0 | $0 | $0 |
| Gross revenue | $0 | $0 | $0 |
| Less: direct expenses other than fundraising expenses | $0 | $0 | $0 |
| Gross profit or (loss) from sales of inventory | $1,119,543 | $1,359,693 | $1,250,721 |
| Gross sales of inventory, less returns and allowances | $1,839,934 | $2,211,330 | $1,986,230 |
| Less: cost of goods sold | $720,391 | $851,637 | $735,509 |
| Other revenue | $86 | $143 | $10,529 |
| Total expenses | $1,898,707 | $2,183,294 | $2,335,484 |
| Program services | $0 | $0 | $0 |
| Management and general | $0 | $0 | $0 |
| Fundraising | $0 | $0 | $0 |
| Payments to affiliates | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $2,222,102 | $2,417,550 | $2,386,673 |
| Excess or (deficit) for the year | $235,864 | $192,643 | $-41,547 |
| Net assets or fund balances at beginning of year | $1,583,987 | $2,222,102 | $2,417,550 |
| Other changes in net assets or fund balances | $402,251 | $2,805 | $10,670 |
| Statement of Functional Expenses (for 2002) | ||||
| Total | Program services | Management and general | Fundraising | |
|---|---|---|---|---|
| Total functional expenses | $2,335,484 | $0 | $0 | $0 |
| Grants paid from donor advised funds | ||||
| Other grants and allocations | $0 | |||
| Specific assistance to individuals | $0 | |||
| Benefits paid to or for members | $0 | |||
| Compensation of current officers, directors, key employees, etc. | $0 | $0 | $0 | $0 |
| Compensation of former officers, directors, key employees, etc. | ||||
| Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) | ||||
| Salaries and wages of employees not included above | $946,954 | $0 | $0 | $0 |
| Pension plan contributions not included above | $0 | $0 | $0 | $0 |
| Employee benefits not included above | $67,249 | $0 | $0 | $0 |
| Payroll taxes | $113,159 | $0 | $0 | $0 |
| Professional fundraising fees | $0 | $0 | $0 | $0 |
| Accounting fees | $0 | $0 | $0 | $0 |
| Legal fees | $0 | $0 | $0 | $0 |
| Supplies | $86,796 | $0 | $0 | $0 |
| Telephone | $0 | $0 | $0 | $0 |
| Postage and shipping | $0 | $0 | $0 | $0 |
| Occupancy | $63,662 | $0 | $0 | $0 |
| Equipment rental and maintenance | $0 | $0 | $0 | $0 |
| Printing and publications | $0 | $0 | $0 | $0 |
| Travel | $0 | $0 | $0 | $0 |
| Conferences, conventions, and meetings | $0 | $0 | $0 | $0 |
| Interest | $14,459 | $0 | $0 | $0 |
| Depreciation, depletion, etc. | $272,384 | $0 | $0 | $0 |
| Other expenses not covered above | $770,821 | $0 | $0 | $0 |
| Balance Sheets | |||
| 2000 | 2001 | 2002 | |
|---|---|---|---|
| Total assets | $2,594,288 | $2,802,318 | $2,695,726 |
| Cash - non-interest-bearing | $0 | $19,217 | $128,765 |
| Savings and temporary cash investments | $863,279 | $580,390 | $579,779 |
| Accounts receivable less allowance for doubtful accounts | $309,599 | $268,159 | $174,322 |
| Pledges receivable less allowance for doubtful accounts | $0 | $0 | $0 |
| Grants receivable | $0 | $0 | $0 |
| Receivables from current and former officers, directors, trustees, and key employees | $0 | $0 | $0 |
| Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) | |||
| Other notes and loans receivable less allowance for doubtful accounts | $0 | $0 | $0 |
| Inventories for sale or use | $50,740 | $55,198 | $53,637 |
| Prepaid expenses and deferred charges | $13,488 | $29,521 | $39,859 |
| Investments - publicly-traded securities | |||
| Investments - other securities | $0 | $0 | $0 |
| Investments - land, buildings, and equipment less accumulated depreciation | $0 | $0 | $0 |
| Investments - other | $0 | $0 | $0 |
| Land, buildings, and equipment less accumulated depreciation | $1,357,182 | $1,849,833 | $1,719,364 |
| Other assets, including program-related investments | $0 | $0 | $0 |
| Total liabilities | $372,186 | $384,768 | $309,053 |
| Accounts payable and accrued expenses | $153,887 | $191,482 | $138,710 |
| Grants payable | $0 | $0 | $0 |
| Deferred revenue | $0 | $0 | $0 |
| Loans from officers, directors, trustees, and key employees | $0 | $0 | $0 |
| Tax-exempt bond liabilities | $0 | $0 | $0 |
| Mortgages and other notes payable | $193,160 | $193,286 | $170,343 |
| Other liabilities | $25,139 | $0 | $0 |
| Total liabilities and net assets/fund balances | $2,594,288 | $2,802,318 | $2,695,726 |
| Total net assets or fund balances | $2,222,102 | $2,417,550 | $2,386,673 |
| Reconciliation of Revenue per Audited Financial Statements With Revenue per Return | |||
| 2000 | 2001 | 2002 | |
|---|---|---|---|
| Total revenue | $2,134,571 | $2,375,937 | $2,293,937 |
| Total revenue, gains, and other support per audited financial statements | $2,134,571 | $2,375,937 | $2,293,937 |
| Other expenses | $0 | $0 | $0 |
| Net unrealized gains on investments | $0 | $0 | $0 |
| Donated services and use of facilities | $0 | $0 | $0 |
| Recoveries of prior year grants | $0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Investment expenses | $0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Reconciliation of Expenses per Audited Financial Statements With Expenses per Return | |||
| 2000 | 2001 | 2002 | |
|---|---|---|---|
| Total expenses | $1,898,707 | $2,183,294 | $2,335,484 |
| Total expenses and losses per audited financial statements | $1,892,736 | $2,183,264 | $2,335,484 |
| Other revenue | $-5,971 | $0 | $0 |
| Donated services and use of facilities | $0 | $0 | $0 |
| Prior year adjustments | $0 | $0 | $0 |
| Losses | $0 | $0 | $0 |
| Other | $-5,971 | $0 | $0 |
| Other expenses | $0 | $30 | $0 |
| Investment expenses | $0 | $0 | $0 |
| Other | $0 | $30 | $0 |
| Current Officers, Directors, Trustees, and Key Employees |
| Total number of officers, directors, and trustees permitted to vote on organization business at board meetings | 0 |
| Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships? | |
| Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization? | |
| Does the organization have a written conflict of interest policy? |
| Other Information | |
| Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year? | Yes |
| Was there a liquidation, dissolution, termination, or substantial contraction during the year? | No |
| Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization? | No |
| Direct and indirect political expenditures | $0 |
| Did the organization file Form 1120-POL for this year? | No |
| Were substantially all dues nondeductible by members? | |
| Did the organization make only in-house lobbying expenditures of $2,000 or less? | |
| Dues, assessments, and similar amounts from members | $0 |
| Section 162(e) lobbying and political expenditures | $0 |
| Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices | $0 |
| Taxable amount of lobbying and political expenditures | $0 |
| Does the organization elect to pay the section 6033(e) tax on the amount above? | |
| If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year? | |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)? | |
| Amount of tax imposed on the organization during the year under: section 4911 | $0 |
| Amount of tax imposed on the organization during the year under: section 4912 | $0 |
| Amount of tax imposed on the organization during the year under: section 4955 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year? | |
| Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 | $0 |
| Amount of tax above, reimbursed by the organization | $0 |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | |
| Did the organization acquire a direct or indirect interest in any applicable insurance contract? | |
| Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year? | |
| Number of employees employed in the pay period that includes March 12, 2006 | 35 |
| Analysis of Income-Producing Activities (for 2002) | |||||
| Unrelated business income | Excluded by section 512, 513, or 514 | Related or exempt function income | |||
|---|---|---|---|---|---|
| Business code | Amount | Exclusion code | Amount | ||
| Total | $20,526 | $0 | $2,273,411 | ||
| Program service revenue | |||||
| Program service revenue 1 | 000000 | $0 | 00 | $0 | $6,530 |
| Program service revenue 2 | 000000 | $0 | 00 | $0 | $134,221 |
| Program service revenue 3 | 000000 | $0 | 00 | $0 | $103,776 |
| Program service revenue 4 | 000000 | $0 | 00 | $0 | $0 |
| Program service revenue 5 | 000000 | $0 | 00 | $0 | $0 |
| Medicare/Medicaid payments | 000000 | $0 | 00 | $0 | $0 |
| Fees and contracts from government agencies | 000000 | $0 | 00 | $0 | $0 |
| Membership dues and assessments | 000000 | $0 | 00 | $0 | $784,301 |
| Interest on savings and temporary cash investments | 713900 | $3,859 | 00 | $0 | $0 |
| Dividends and interest from securities | 000000 | $0 | 00 | $0 | $0 |
| Net rental income or (loss) from real estate | |||||
| debt-financed property | 000000 | $0 | 00 | $0 | $0 |
| not debt-financed property | 000000 | $0 | 00 | $0 | $0 |
| Net rental income or (loss) from personal property | 000000 | $0 | 00 | $0 | $0 |
| Other investment income | 000000 | $0 | 00 | $0 | $0 |
| Gain or (loss) from sales of assets other than inventory | 000000 | $0 | 00 | $0 | $0 |
| Net income or (loss) from special events | 000000 | $0 | 00 | $0 | $0 |
| Gross profit or (loss) from sales of inventory | 713900 | $16,667 | 00 | $0 | $1,234,054 |
| Other revenue | 000000 | $0 | 00 | $0 | $10,529 |
| Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002) | |||
| EIN of corporation, partnership, or disregarded entity | Percentage of ownership interest | Total income | End-of-year assets |
|---|---|---|---|
| 0% | $0 | $0 | |
| 0% | $0 | $0 | |
| 0% | $0 | $0 | |
| 0% | $0 | $0 | |
| Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002) | ||
| Compensation | Contributions to employee benefit plans & deferred compensation | Expense account and other allowances |
|---|---|---|
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| $0 | $0 | $0 |
| Total number of other employees paid over $50,000 | 0 |
| Statements About Activities (for 2002) | |
| Expenses paid or incurred in connection with the lobbying activities | $0 |
| Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures? | |
| Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services? | |
| Did the organization maintain any donor advised funds? | |
| Did the organization make any taxable distributions under section 4966? | |
| Did the organization make a distribution to a donor, donor advisor, or related person? | |
| The total number of donor advised funds owned at the end of the tax year | |
| The aggregate value of assets held in all donor advised funds owned at the end of the tax year | |
| The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts | |
| The aggregate value of assets held in all funds or accounts included above at the end of the tax year | |
| Reason for Non-Private Foundation Status | |
| The organization is not a private foundation because it is | |
| Support Schedule | |||
| 1999 | 2000 | 2001 | |
|---|---|---|---|
| Total | $0 | $0 | $0 |
| Gifts, grants, and contributions received | $0 | $0 | $0 |
| Membership fees received | $0 | $0 | $0 |
| Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose | $0 | $0 | $0 |
| Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975 | $0 | $0 | $0 |
| Net income from unrelated business activities not included above | $0 | $0 | $0 |
| Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf | $0 | $0 | $0 |
| The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge | $0 | $0 | $0 |
| Other income | $0 | $0 | $0 |
| Lobbying Expenditures by Electing Public Charities (for 2002) | |
| Total exempt purpose expenditures | $0 |
| Total lobbying expenditures | $0 |
| Total lobbying expenditures to influence public opinion (grassroots lobbying) | $0 |
| Total lobbying expenditures to influence a legislative body (direct lobbying) | $0 |
| Other exempt purpose expenditures | $0 |
| Lobbying nontaxable amount | $0 |
| Grassroots nontaxable amount | $0 |
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| 1 | 626 N Michigan Ave, Chicago, IL 60611-2807 | IL | 1944-10 | $7,160,394 | |
| 2 | PO BOX 16459, Rocky River, OH 44116-0459 | OH | 1940-12 | $7,053,364 | |
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NonProfitFacts.com is not associated with, endorsed by, or sponsored by Hyannis Yacht Club and has no official or unofficial affiliation with Hyannis Yacht Club  2023 Giving Campaign!The HYC Foundation, which directly supports the Youth Program at HYC, has begun its 2023 giving campaign. Please consider a tax-deductible donation before the end of the year. Your donations help support the Youth Program as it looks to improve for the 2024 season. Click HERE for more information. About the HYC FoundationThe mission of the Foundation is to provide instructional methods designed to promote not only a basic understanding of sailing and swimming but also a developmental path toward safety, self- sufficiency, proficiency, and mastery for individuals of all ages presenting at differing levels along the path toward mastery. Active and passive learning strategies will be employed to promote understanding of concepts, development of analytical skills, awareness and understanding of external influences, implementation of safety protocols, use of technology, problem solving, and leadership characteristics. * * * * * * * * * * * * The purpose of the Foundation is to promote, develop, maintain, and oversee a sailing and swim school; to engage in the promotion and development of sailing and swimming activities; and to develop and engage in educational instructional and educational activities and programs related to sailing and swimming in the Town of Barnstable and surrounding communities. 2023 Accomplishments * Met the 2023 Annual Fund financial goal * Provided 5 scholarships to the youth swim/sail program * Purchased 1 Quest new sailboat * Purchased 1 perviously owned Laser sailboat * New Laser sailboat with land dolly donated by One Design * 2 previously owned Laser sailboats donated by Norm MacLean and John Kettlewell * 1 Opti sailboat with land dolly donated by Gadkowski family * 3 New sailing wings donated (anonymous) * “Friendraiser” featuring Tom Duggan, Chief Race Officer of Tokyo Olympics * 1 st Annual “Scholarfish” Tournament * 25 fishing poles donated by West Marine Hyannis * Garnered Countless donations from area business and private donors 2024 Primary Goals * Increase the availability of swim/sail scholarships from 5 to 10 * Implement collaboration with Sea Scouts * Expand participation in the 2024 Scholarship Tournament * Provide additional boats and gear to enhance the Swim/sail program * Provide swim team with racing suits * Purchase a trailer to move Laser sailboats 2022 DonorsBoard of directors:, randall w. wallin, president william pezzoni, vice president mary ellen defrias, treasurer richard mcmahon, clerk mark carey, director mary kate mezzetti, director jennifer parrella, director.  A Message from the Hyannis Yacht Club Foundation Dear HYC Foundation Supporter, The HYC Foundation has had an extraordinarily successful past twelve months. In keeping with our mission “ to promote, develop, maintain and oversee a sailing and swim school” the Foundation has allocated funds to offer six scholarships to children in our surrounding community to participate free of charge in the sail/swim program. We also purchased a Quest sailboat for beginners, a Laser sailboat for more advanced sailors and a trailer to transport the Lasers. A new 2023 Laser and dolly and a Skittle sailing Pram was donated to the HYCF, as well as a previously sailed Laser for a total of five boats. The Foundation sponsored its first Scholarfish Tournament in July. This event was an overwhelming success with over fifty children participating in a “catch and release” youth segment of the event and nine offshore boats with four or five anglers per boat for the adult blue and striped bass division. Countless parents and grandparents witnessed their young anglers fishing off the main T, followed by an outdoor barbecue on the patio. This wildly fun event occurred as a result of donations by individuals as well as local businesses, and many, many volunteers who donated countless hours before, during and after the event. Additionally, the Hyannis Yacht Club graciously held a Casino Night to benefit the Foundation over Memorial Day Weekend. This popular event attracted over 150 participants who enjoyed a “ Roaring Twenties ” event. Through the efforts of several volunteers we have launched our website! Our address is www.hyannisyachtclubfoundation.org Please visit us for additional Foundation information. As we continue our mission “to develop and engage in instructional and educational activities and programs” we need your help. Running a premier Sailing School and Swim program takes significant capital. Your donation, in any amount, will help us further our mission and reach our goals. Please consider supporting the program by making a donation prior to December 31, 2023 to take the tax benefit in 2023. Together we can inspire a future generation of swimming and sailing enthusiasts. Sincerely, Randall W. Wallin, President .png "hyannis yacht club fees") Hyannis Port Yacht Club - Founded 1909, Incorporated 1966 - 175 Irving Ave, P.O. Box 128 , Hyannis Port, MA 02647
(508) 771-7796 *For all Jr. Sailing inquiries | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
COMMENTS
Hyannis Port Yacht Club-Founded 1909, Incorporated 1966 - About. Pier Staff; Membership Procedures; Jr. Sailing. Jr. Sailing Classes; Jr. Sailing Instructors; Boat Use Policy; ... Late Fee (per billing cycle) $60. Float/Rack Fee. $100. HPCA Stake & Line Fee. $300. HPCA Wharfage Fee (up to 27ft) $250. HPCA Wharfage Fee (over 27 ft) $300.
Learn about the different membership classes and application processes at Hyannis Yacht Club. Find out how to access the beach, launch, waterfront, and restaurant as a member or guest.
Give us a call at 508-778-6100. Hyannis Yacht Club is a private club dedicated to the sport of yachting. We provide our members and their families the opportunity for seamanship and navigation education, exceptional sailing and swimming instruction, competitive racing opportunities, fun and engaging social entertainment, and excellent dining ...
Hyannis Port Yacht Club-Founded 1909, Incorporated 1966 - About. Pier Staff; Membership Procedures; Jr. Sailing. Jr. Sailing Classes; Jr. Sailing Instructors; Boat Use Policy; ... Boat Use Fees * For sailors who are not in Lil' Explorers and do not provide their own boat. Membership Status. Number of Sessions. Fee. Member. 1. $350. Member. 2 ...
Hyannis Yacht Club 490 Ocean Street Hyannis, MA 02601 Clubhouse: 508.778.6100 Captain's Table: 508.775.9331 Home; About; Membership; Yachting; Programs; Clubhouse ...
Clubhouse: 508.778.6100 Captain's Table: 508.775.9331 Home; About; Membership; Yachting; Programs; Clubhouse; Contact; Club Staff; Launch Hours
Join the HPYC, a private yacht club founded in 1909 and incorporated in 1966. The family membership fee is $1,423 plus shipping and processing, and you can also buy merchandise or pay your bill online.
Learn about the history and achievements of Hyannis Yacht Club, a founding member of the National Sailing Hall of Fame. Find out how to join, visit, or support this Cape Cod sailing institution.
Hyannis Yacht Club is a private club for yachting enthusiasts, offering education, instruction, racing, and dining. Located on Lewis Bay, it hosts regional, national, and international regattas, as well as social events and cruises.
Enjoy seafood and steaks at the Captain's Table, a restaurant and bar with a view of the bay. Join the club as an Associate Member to access more activities and events at the Hyannis Yacht Club.
Moorings are located in Lewis Bay (Lewis Bay Mooring Area) near the Hyannis Yacht Club. There is a launch service provided at this location by the Hyannis Yacht Club. The fee is set by a private entity, not the Town to use the launch service. Please call them on VHF 69 for pick up. Mooring is the first mooring closest to Dunbar Point (Kalmus Beach) labeled LB/300 Transient HM with an orange ...
Hyannis Yacht Club, Hyannis, Massachusetts. 2,647 likes · 17 talking about this · 18,432 were here. Lat. 41º 38'22" N Long. 70º 16'43" W HYC is a private club. If you are interested in learning...
Hyannis Yacht Club. Hyannis, MA; Tax-exempt since Aug. 1947 EIN: 04-2000996; Receive an email when new data is available for this organization. ... Club or Co-Op Income; Initiation Fees & Contributions $29,250 : Income From Public Use of Club Facilities $63,535 :
Membership Procedures. Hyannis Port Yacht Club is a private club whose activities are organized around the sport of sailing and the pursuit of nautical activities. All candidates for membership must be sponsored by a member of the club. The candidate's personal and boating background, connection to current and former members of the club and the ...
The Hyannis Yacht Club is year round private club, located at 490 Ocean Street, Hyannis, Ma. Its waterfront is on Lewis Bay, which is located between Nantucket Sound and the Hyannis harbor. Entering by boat from Nantucket Sound into Lewis Bay, the Club is readily recognized by the numerous boats in the mooring field and waterfront entrance to ...
Hyannis Yacht Club: Employer Identification Number (EIN) 042000996: Name of Organization: Hyannis Yacht Club: Address: 490 Ocean St, Hyannis, MA 02601-4743:
Clubhouse: 508.778.6100 Captain's Table: 508.775.9331 Home; About; Membership; Yachting; Programs; Clubhouse; Contact; Club Staff; Launch Hours
Located on Nantucket Sound, our mission is to help HPYC members and students experience the joy of being on the water. While a private club - with certain privileges reserved for members only - HPYC offers a wide array of sailing instruction to all, members and non-members alike!. Founded in 1909 and incorporated in 1966, HPYC is community-focused and volunteer-led.
* 25 fishing poles donated by West Marine Hyannis * Garnered Countless donations from area business and private donors. 2024 Primary Goals * Increase the availability of swim/sail scholarships from 5 to 10 ... A Message from the Hyannis Yacht Club Foundation. Dear HYC Foundation Supporter,
To apply, include $350 annual dues and a $150 one-time join fee. Pay by check to Hyannis Yacht Club or by credit card. Membership auto-renews yearly; resign by notifying HYC. Renewal dues billed annually on your membership month's first day. All dues, fees, and assessments are non-refundable. Credit card transactions incur a 3% processing fee.
Enjoy spacious, multi-level townhouses with decks, views and privacy at Yachtsman Condos, a Cape Cod beachfront condominium community. Choose from 2 to 4 bedroom units with association beach and pool access, and book online or call for rates.
Enjoy seafood and steaks at this private restaurant with a view of the bay. Learn how to join the club as an Associate Member and access the dining and social activities.
Hyannis Port Yacht Club-Founded 1909, Incorporated 1966 - About. Pier Staff; Membership Procedures; Jr. Sailing. Jr. Sailing Classes; Jr. Sailing Instructors; Boat Use Policy; Session Dates & Fees; Sailor's Handbook; Jr. Commodore Cup; Get Involved. Club Calendar; Adult Sailing Lessons ... 175 Irving Ave, P.O. Box 128, Hyannis Port, MA 02647 ...