Civic Intelligence

Hamburg Cove Yacht Club

EIN 06-0970113 • 501(c)7 • Old Lyme, CT

Profile

To promote the enjoyment of boating

PO Box 742Old Lyme, CT 06371

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.03x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.21x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

93rd percentile

43%

Higher net margin than 93% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

54th percentile

3.3%

Faster asset growth than 54% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$620,369

Up $20,065 (+3.3%) from 2023

Liabilities

Down

$16,635

Down $14,922 (-47%) from 2023

Net Assets

Up

$603,734

Up $34,987 (+6.2%) from 2023

Revenue

Up

$80,978

Up $8,578 (+12%) from 2023

Expenses

Up

$45,991

Up $2,695 (+6.2%) from 2023

Net Income

Up

$34,987

Up $5,883 (+20%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $222,544Liabilities 2011: $4,7972011Assets 2012: $203,363Liabilities 2012: $2802012Assets 2013: $207,887Liabilities 2013: $1002013Assets 2014: $205,515Liabilities 2014: $3042014Assets 2015: $222,225Liabilities 2015: $2,8612015Assets 2016: $235,481Liabilities 2016: $5,625Net Assets 2016: $229,8562016Assets 2017: $257,477Liabilities 2017: $0Net Assets 2017: $257,4772017Assets 2018: $366,473Liabilities 2018: $0Net Assets 2018: $366,4732018Assets 2019: $399,107Liabilities 2019: $0Net Assets 2019: $399,1072019Assets 2020: $528,978Liabilities 2020: $75,000Net Assets 2020: $453,9782020Assets 2021: $568,333Liabilities 2021: $61,013Net Assets 2021: $507,3202021Assets 2022: $586,412Liabilities 2022: $46,540Net Assets 2022: $539,8722022Assets 2023: $600,304Liabilities 2023: $31,557Net Assets 2023: $568,7472023Assets 2024: $620,369Liabilities 2024: $16,635Net Assets 2024: $603,7342024

Highlighted filing

2024

Assets$620,369
Liabilities$16,635
Net Assets$603,734

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $59,504Expenses 2011: $40,227Net Income 2011: $19,2772011Revenue 2012: $49,477Expenses 2012: $64,141Net Income 2012: -$14,6642012Revenue 2013: $45,183Expenses 2013: $40,479Net Income 2013: $4,7042013Revenue 2014: $41,197Expenses 2014: $44,126Net Income 2014: -$2,9292014Revenue 2015: $47,181Expenses 2015: $33,068Net Income 2015: $14,1132015Revenue 2016: $48,617Expenses 2016: $38,125Net Income 2016: $10,4922016Revenue 2017: $54,924Expenses 2017: $29,886Net Income 2017: $25,0382017Revenue 2018: $158,271Expenses 2018: $30,492Net Income 2018: $127,7792018Revenue 2019: $139,892Expenses 2019: $30,144Net Income 2019: $109,7482019Revenue 2020: $90,068Expenses 2020: $35,197Net Income 2020: $54,8712020Revenue 2021: $87,889Expenses 2021: $34,547Net Income 2021: $53,3422021Revenue 2022: $70,311Expenses 2022: $37,759Net Income 2022: $32,5522022Revenue 2023: $72,400Expenses 2023: $43,296Net Income 2023: $29,1042023Revenue 2024: $80,978Expenses 2024: $45,991Net Income 2024: $34,9872024

Highlighted filing

2024

Revenue$80,978
Expenses$45,991
Net Income$34,987

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$0.17$6.04$0.81$0.46$0.35
2023Detailed filing. Detailed filing data is available for this year.$6.00$0.32$5.69$0.72$0.43$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.86$0.47$5.40$0.70$0.38$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$0.61$5.07$0.88$0.35$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.75$4.54$0.90$0.35$0.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.00$3.99$1.40$0.30$1.10
2018Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$1.58$0.30$1.28
2017Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$0.55$0.30$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.06$2.30$0.49$0.38$0.10
2015Summary only. Only limited summary data is available for this year.$2.22$0.03$0.47$0.33$0.14
2014Summary only. Only limited summary data is available for this year.$2.06$0.00$0.41$0.44$0.03
2013Summary only. Only limited summary data is available for this year.$2.08$0.00$0.45$0.40$0.05
2012Summary only. Only limited summary data is available for this year.$2.03$0.00$0.49$0.64$0.15
2011Summary only. Only limited summary data is available for this year.$2.23$0.05$0.60$0.40$0.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$85,423
Mission and Program Overview

Mission

To promote the enjoyment of boating

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$536,217$536,217→ $0
Cash and Non-Interest-Bearing Accounts$64,087$84,152▲ $20,065
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$600,304$620,369▲ $20,065
Other Assets Total-$0-
Liabilities
Other Liabilities$31,557$16,635▼ $14,922
Total Liabilities$31,557$16,635▼ $14,922
Net Assets / Fund Balance
Net Assets With Donor Restrictions$370,610$376,723▲ $6,113
Net Assets Without Donor Restrictions$198,137$227,011▲ $28,874
Total Net Assets Fund Balance$568,747$603,734▲ $34,987
Total Liabilities and Net Assets / Fund Balance$600,304$620,369▲ $20,065

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$415,841-$415,841
Other Land Buildings$73,490-$73,490
Leasehold Improvements$24,816-$24,816
Equipment$17,070-$17,070
Land$5,000-$5,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Angus GrantTrustee
Jill PilgrimTrustee
Ruth EmblinTrustee
Sharon TracyTrustee
Steve KaseTrustee
Tad FallonTrustee
Mary Anne RookeCommodore
Richard BurrRear Commodore
Melissa StedmanSecretary
Byron NilssonTreasurer
Holly Willis-burrVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$48,599
Program Service Revenue
$31,968
Investment Income
$656
Other Revenue
$-245
All Other Contributions
$100
Change in Net Assets
$34,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$18,953
Insurance---$15,840
Office Expenses---$1,636
Other Expenses---$1,250
Interest---$1,104
Fees for Services Accounting---$950
Advertising---$223
Total Functional Expenses$0$0$0$45,991
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$16,049
Sales Tax Payable$585
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Hamburg Cove Yacht Club
EIN
06-0970113
Phone
8605759176
Address
PO BOX 742, OLD LYME, CT 06371

Signing Officer

Name
Byron Nilsson
Title
Treasurer
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
12
Employees
0

Preparer

Firm
Mason DiMarco Shaw & Leone P C
Address
141 Durham Rd Ste 14, Madison, CT 06443
Preparer
Jonathan Leone
Phone
2032459264
Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AdvertisingGrp/TotalAmt0223
IRS990/AllOtherContributionsAmt0100
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/BackupWthldComplianceInd0false
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IRS990/BooksInCareOfDetail/PhoneNum08604340215
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IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt048599
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0656
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IRS990/CYOtherRevenueAmt0-245
IRS990/CYProgramServiceRevenueAmt031968
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IRS990/FeesForServicesAccountingGrp/TotalAmt0950
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11098
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022050
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017070
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt080978
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-245
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0620369
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 742
IRS990/USAddress/CityNm0OLD LYME
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006371
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BYRON NILSSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMBURG COVE YACHT CLUB
ReturnHeader/Filer/BusinessNameControlTxt0HAMB
ReturnHeader/Filer/EIN0060970113
ReturnHeader/Filer/PhoneNum08605759176
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 742
ReturnHeader/Filer/USAddress/CityNm0OLD LYME
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006371
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061178177
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mason DiMarco Shaw & Leone P C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0141 Durham Rd Ste 14
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006443
ReturnHeader/PreparerPersonGrp/PhoneNum02032459264
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN LEONE
ReturnHeader/ReturnTs02025-11-13T09:29:28-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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