Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Nhyc Properties Inc
EIN 06-1692324 • Hughsonville, NY
NTEE L11
Profile
The corporation operates solely as a title-holding company described in irc 501(c)(2): it owns and maintains real property used in connection with new hamburg yacht club (a 501(c)(7) organization), collects income from that property, provides only customary landlord services, and remits all net income (less expenses) at least annually to new hamburg yacht club for its exempt purposes.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.07x
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$486,408
No earlier filing loaded for comparison.
Liabilities
$32,025
No earlier filing loaded for comparison.
Net Assets
$454,383
No earlier filing loaded for comparison.
Revenue
$195,869
No earlier filing loaded for comparison.
Expenses
$18,697
No earlier filing loaded for comparison.
Net Income
$177,172
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $486,408
- Liabilities
- $32,025
- Net assets
- $454,383
- Revenue
- $195,869
- Expenses
- $18,697
- Net income
- $177,172
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Mar 16, 2026
- Return Version
- 2024v5.0
- Gross Receipts
- $195,869
Mission and Program Overview
Mission
The corporation operates solely as a title-holding company described in irc 501(c)(2): it owns and maintains real property used in connection with new hamburg yacht club (a 501(c)(7) organization), collects income from that property, provides only customary landlord services, and remits all net income (less expenses) at least annually to new hamburg yacht club for its exempt purposes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| REAL ESTATE OWNERSHIP | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DOUGLAS TOMPKINS | Commodore | - | $0 | - | - |
| MARTIN NOVICK | Vice Commodo | - | $0 | - | - |
| MICHELE MANZI | Treasurer | - | $0 | - | - |
| RITA HUGHES | Financial Se | - | $0 | - | - |
| ROBERT CALLEY | Fleet Captai | - | $0 | - | - |
| BRIAN SUTLIFFE | Secretary | - | $0 | - | - |
| ROBERT MOLITORIS | Trustee | - | $0 | - | - |
| JAMES WHITING | Trustee | - | $0 | - | - |
| GREG FREEMAN | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Nhyc Properties Inc
- EIN
- 06-1692324
- Phone
- 8452981707
- Address
- PO BOX 250, HUGHSONVILLE, NY 12537
Signing Officer
- Name
- Douglas Tompkins
- Title
- Commodore
- Phone
- 8452981707
- Signed
- 2026-03-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Hudson Valley Tax Experts LLC
- Address
- 4 MARSHALL RD STE 193, WAPPINGERS FALLS, NY 12590
- Preparer
- Thomas Bridgman Ea
- Phone
- 8456690044
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I
“Line 20, other changes in net assets: in november 2024, the organizations rental house was destroyed by fire. The buildings adjusted basis was 0 after accumulated depreciation; therefore, its removal did not affect 2024 expenses. Any fire-related cleanup/legal costs paid in 2024 are included in part i, line 16. Insurance recoveries were received in 2024 and will be spent in 2025. A lawsuit against the alleged tortfeasor is pending.”
Form 990-ez, Part I, Line 8
“Insurance recover see sch o 179,492 total 179,492”
Form 990-ez, Part I, Line 16
“Expenses bank charges 47 dues & subscriptions 125 misc 600 property taxes 16,700 non-investment depreciation 725 total 18,197”
Form 990-ez, Part II, Line 24
“Clubhouse 0 15,000 less accumulated depreciation 0 15,000 sea wall & ramp 0 58,000 less accumulated depreciation 0 725 total 0 57,275”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 6,310 32,025”
Form 990-ez, Part III
“The corporation operates solely as a title-holding company described in irc 501(c)(2): it owns and maintains real property used in connection with new hamburg yacht club (a 501(c)(7) organization), collects income from that property, provides only customary landlord services, and remits all net income (less expenses) at least annually to new hamburg yacht club for its exempt purposes.”
Raw XML Appendix133 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NEW HAMBURG YACHT CLUB |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8452978421 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 250 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HUGHSONVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 12537 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 83521 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 229133 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 177172 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 500 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 283521 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 486408 |
| IRS990EZ/GrossReceiptsAmt | 0 | 195869 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 16377 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 200000 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 200000 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 277211 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 454383 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 277211 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 454383 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DOUGLAS TOMPKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARTIN NOVICK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHELE MANZI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RITA HUGHES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ROBERT CALLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRIAN SUTLIFFE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ROBERT MOLITORIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JAMES WHITING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | GREG FREEMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | COMMODORE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE COMMODO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | FINANCIAL SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | FLEET CAPTAI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 57275 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18197 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 179492 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CORPORATION OPERATES SOLELY AS A TITLE-HOLDING COMPANY DESCRIBED IN IRC 501(C)(2): IT OWNS AND MAINTAINS REAL PROPERTY USED IN CONNECTION WITH NEW HAMBURG YACHT CLUB (A 501(C)(7) ORGANIZATION), COLLECTS INCOME FROM THAT PROPERTY, PROVIDES ONLY CUSTOMARY LANDLORD SERVICES, AND REMITS ALL NET INCOME (LESS EXPENSES) AT LEAST ANNUALLY TO NEW HAMBURG YACHT CLUB FOR ITS EXEMPT PURPOSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | REAL ESTATE OWNERSHIP |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6310 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 32025 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 18697 |
| IRS990EZ/TotalRevenueAmt | 0 | 195869 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LINE 20, OTHER CHANGES IN NET ASSETS: IN NOVEMBER 2024, THE ORGANIZATIONS RENTAL HOUSE WAS DESTROYED BY FIRE. THE BUILDINGS ADJUSTED BASIS WAS 0 AFTER ACCUMULATED DEPRECIATION; THEREFORE, ITS REMOVAL DID NOT AFFECT 2024 EXPENSES. ANY FIRE-RELATED CLEANUP/LEGAL COSTS PAID IN 2024 ARE INCLUDED IN PART I, LINE 16. INSURANCE RECOVERIES WERE RECEIVED IN 2024 AND WILL BE SPENT IN 2025. A LAWSUIT AGAINST THE ALLEGED TORTFEASOR IS PENDING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INSURANCE RECOVER SEE SCH O 179,492 TOTAL 179,492 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES BANK CHARGES 47 DUES & SUBSCRIPTIONS 125 MISC 600 PROPERTY TAXES 16,700 NON-INVESTMENT DEPRECIATION 725 TOTAL 18,197 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CLUBHOUSE 0 15,000 LESS ACCUMULATED DEPRECIATION 0 15,000 SEA WALL & RAMP 0 58,000 LESS ACCUMULATED DEPRECIATION 0 725 TOTAL 0 57,275 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,310 32,025 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CORPORATION OPERATES SOLELY AS A TITLE-HOLDING COMPANY DESCRIBED IN IRC 501(C)(2): IT OWNS AND MAINTAINS REAL PROPERTY USED IN CONNECTION WITH NEW HAMBURG YACHT CLUB (A 501(C)(7) ORGANIZATION), COLLECTS INCOME FROM THAT PROPERTY, PROVIDES ONLY CUSTOMARY LANDLORD SERVICES, AND REMITS ALL NET INCOME (LESS EXPENSES) AT LEAST ANNUALLY TO NEW HAMBURG YACHT CLUB FOR ITS EXEMPT PURPOSES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DOUGLAS TOMPKINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | COMMODORE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8452981707 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-03-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NHYC PROPERTIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NHYC |
| ReturnHeader/Filer/EIN | 0 | 061692324 |
| ReturnHeader/Filer/PhoneNum | 0 | 8452981707 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 250 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HUGHSONVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 12537 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 850819394 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HUDSON VALLEY TAX EXPERTS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4 MARSHALL RD STE 193 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WAPPINGERS FALLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 12590 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8456690044 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-03-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS BRIDGMAN EA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2026-03-16T12:50:56-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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