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EIN 05-0254070

Newport Yacht Club

IRS 501(c) type
501(c)(7)
Num. employees
42
City
Newport
State
Rhode Island
Year formed
1894
Most recent tax filings
2024-12-01
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
Description
Newport Yacht Club provides a variety of services related to yachting activities, with the goal of encouraging yachting in and around Newport. The house committee handles maintenance and upkeep of the clubhouse facilities for use by members and visiting yachtsmen, while the float & dock committee manages maintenance for members and visiting yachtsmen. This club is located in Newport, RI.
Total revenues
$1,522,754
2024
Total expenses
$1,331,650
2024
Total assets
$2,424,647
2024
Num. employees
42
2024

Program areas at Newport Yacht Club

Float & dock committee: float & dock maintenance for members and visiting yachtsmen.
Junior activities: sail training and activities for youth.
House committee: maintenance & upkeep of clubhouse facilities for use by members and visiting yachtsmen.

Financials for Newport Yacht Club

RevenuesFYE 12/2024
Total grants, contributions, etc.$6,440
Program services$1,509,167
Investment income and dividends$35,374
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-6,219
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-23,224
Miscellaneous revenues$1,216
Total revenues$1,522,754

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Elmira City ClubElmira, NY$665,037
The Philadelphia ClubPhiladelphia, PA$1,083,888
Arlington ClubPortland, OR$2,493,240
Italian American Club of SebastianSebastian, FL$384,328
Gulf Harbors Yacht ClubNew Port Richey, FL$514,196
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Data update history
June 5, 2025
Updated personnel
Identified 3 new personnel
May 31, 2025
Posted financials
Added Form 990 for fiscal year 2024
November 23, 2024
Updated personnel
Identified 3 new personnel
November 5, 2024
Updated personnel
Identified 2 new personnel
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Civic / social organizationsRecreational clubs
Issues
Human services
Characteristics
MembershipsState / local levelEndowed supportProvides scholarships
General information
Address
110 Long Wharf
Newport, RI 02840
Metro area
Providence-Warwick, RI-MA
County
Newport County, RI
Website URL
newportyachtclub.org/ 
Phone
(401) 846-9410
IRS details
EIN
05-0254070
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1894
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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