Public Charity

WESTERLY YACHT CLUB

WESTERLY YACHT CLUB, of WESTERLY, RI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.9M in revenue, $2.0M in expenses, $4.5M in total assets.

EIN: 050247709 WESTERLY, RI Recreational Clubs NTEE: N50 Latest filing: 2025
Total Revenue$1.9M
Total Expenses$2.0M
Total Assets$4.5M
Grant Records0
Filing Years2021–2025

Mission

THE WESTERLY YACHT CLUB, A DOMESTIC NON-PROFIT ASSOCIATION ESTABLISHED IN 1921, WAS ORGANIZED TO PROVIDE FOR RECREATIONAL BOATING, EDUCATION AND SOCIAL FACILITIES FOR MEMBERS, SUPPORT DUES, ASSESSMENTS DOCK FEES.

Where $100 goes at Westerly Yacht Club

How Westerly Yacht Club divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$73
Provide member facilities
75% of program spending
$15
To provide a lounge for social activities members only
15% of program spending
$7
To provide dock space for members only for recreational boating along with gas dock
7% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD OF DIR Dale Reis
BOARD OF DIR David Malek
BOARD OF DIR David Murphy
TREASURER David Turano
BOARD OF DIR Emily Tunila
REAR COMMADO Jack Callinan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $2.0M $4.5M
2024 $1.8M $1.8M $4.7M
2023 $1.4M $1.3M $4.9M
2022 $1.3M $1.3M $5.1M
2021 $1.1M $1.0M $5.0M

Between 2021 and 2025, reported annual revenue grew from $1.1M to $1.9M (+76%), with total assets most recently reported at $4.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WESTERLY YACHT CLUB

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