Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Wethersfield Cove Yacht Club Incorp
EIN 06-6060496 • 501(c)7 • Wethersfield, CT
Profile
The club is a membership organization with activites centered around boating and responsible recreational use of the connecticut river and waters beyond, including long island sound and especially activity in and around wethersfield cove in the town of wethersfield, ct.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Balance Sheet
Assets
Down$266,294
Down $13,421 (-4.8%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$266,294
Up $4,891 (+1.9%) from 2023
Revenue
Down$94,388
Down $782 (-0.8%) from 2023
Expenses
Down$81,896
Down $3,498 (-4.1%) from 2023
Net Income
Up$12,492
Up $2,716 (+28%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $266,294
- Liabilities
- -
- Net assets
- $266,294
- Revenue
- $94,388
- Expenses
- $81,896
- Net income
- $12,492
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 19, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $94,388
Mission and Program Overview
Mission
The club is a membership organization with activites centered around boating and responsible recreational use of the connecticut river and waters beyond, including long island sound and especially activity in and around wethersfield cove in the town of wethersfield, ct.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| NA | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JASON RACE | Chairman | - | $0 | - | - |
| JONATHAN PALMER | Commodore | - | $0 | - | - |
| STEVE TROMBA | Vice Commodo | - | $0 | - | - |
| JOSEPH ZMUDZINSKI | Rear Commodo | - | $0 | - | - |
| PETER JACKSON | Treasurer | - | $0 | - | - |
| MICHAEL MCMAHON | Secretary | - | $0 | - | - |
| GEORGE OKVAT | Asst Secreta | - | $0 | - | - |
| SEBASTIAN BUCCHERI | Trustee | - | $0 | - | - |
| GREG CANDEE | Trustee | - | $0 | - | - |
| NINO GIAMMARCO | Trustee | - | $0 | - | - |
| GERALD STAVOLA | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Wethersfield Cove Yacht Club Incorp
- EIN
- 06-6060496
- Phone
- 8605638780
- Address
- 270R HARTFORD AVENUE, WETHERSFIELD, CT 06109
Signing Officer
- Name
- Peter Jackson
- Title
- Treasurer
- Phone
- 8605638780
- Signed
- 2025-10-19
Preparer
- Firm
- O'CONNELL PACE & CO PC
- Address
- 449 SILAS DEANE HWY STE 301, WETHERSFIELD, CT 06109
- Preparer
- Mario Pace
- Phone
- 8602473917
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Other income 200 total 200”
Form 990-ez, Part I, Line 16
“Residential real estate interest 2,151 non-investment depreciation 3,558 insurance 6,965 lawn maintenance 329 maintenance 12,930 professional fees 975 repairs 1,393 snow removal 526 taxes 6,790 trash removal 925 expenses bank charges 36 member event supplies 12,638 insurance 6,203 interest 2,151 office 1,854 taxes property 6,596 supplies 3,476 donation refund 558 total 70,054”
Form 990-ez, Part I, Line 20
“Book / tax depreciation difference -7,524”
Form 990-ez, Part II, Line 24
“Water heater 0 890 less accumulated depreciation 0 578 furnace 0 7,510 less accumulated depreciation 0 5,257 bathroom remodal 0 4,500 less accumulated depreciation 0 2,850 refrigerator 0 617 less accumulated depreciation 0 278 refrigerator 0 491 less accumulated depreciation 0 491 taxes receivable 6,050 29 total 6,050 4,583”
Form 990-ez, Part II, Line 26
“Loan payable - window replacement 18,472 0”
Form 990-ez, Part III
“The club is a membership organization with activites centered around boating and responsible recreational use of the connecticut river and waters beyond, including long island sound and especially activity in and around wethersfield cove in the town of wethersfield, ct.”
Raw XML Appendix145 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/PersonNm | 0 | PETER JACKSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8605638780 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 270R HARTFORD AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WETHERSFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06109 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 107192 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 106237 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12492 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 975 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 279798 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 266294 |
| IRS990EZ/GrossReceiptsAmt | 0 | 94388 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 1800 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 1040 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 33262 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 166556 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 155474 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 52388 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 261326 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 266294 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 261326 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 266294 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 10867 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 2.00 |
| 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/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JASON RACE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JONATHAN PALMER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STEVE TROMBA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOSEPH ZMUDZINSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PETER JACKSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MICHAEL MCMAHON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | GEORGE OKVAT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | SEBASTIAN BUCCHERI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | GREG CANDEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | NINO GIAMMARCO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | GERALD STAVOLA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | COMMODORE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE COMMODO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | REAR COMMODO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | ASST SECRETA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 6050 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4583 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -7524 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 70054 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 200 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CLUB IS A MEMBERSHIP ORGANIZATION WITH ACTIVITES CENTERED AROUND BOATING AND RESPONSIBLE RECREATIONAL USE OF THE CONNECTICUT RIVER AND WATERS BEYOND, INCLUDING LONG ISLAND SOUND AND ESPECIALLY ACTIVITY IN AND AROUND WETHERSFIELD COVE IN THE TOWN OF WETHERSFIELD, CT. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 8538 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | NA |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 18472 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 81896 |
| IRS990EZ/TotalRevenueAmt | 0 | 94388 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WCYCLUB.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER INCOME 200 TOTAL 200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | RESIDENTIAL REAL ESTATE INTEREST 2,151 NON-INVESTMENT DEPRECIATION 3,558 INSURANCE 6,965 LAWN MAINTENANCE 329 MAINTENANCE 12,930 PROFESSIONAL FEES 975 REPAIRS 1,393 SNOW REMOVAL 526 TAXES 6,790 TRASH REMOVAL 925 EXPENSES BANK CHARGES 36 MEMBER EVENT SUPPLIES 12,638 INSURANCE 6,203 INTEREST 2,151 OFFICE 1,854 TAXES PROPERTY 6,596 SUPPLIES 3,476 DONATION REFUND 558 TOTAL 70,054 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOOK / TAX DEPRECIATION DIFFERENCE -7,524 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | WATER HEATER 0 890 LESS ACCUMULATED DEPRECIATION 0 578 FURNACE 0 7,510 LESS ACCUMULATED DEPRECIATION 0 5,257 BATHROOM REMODAL 0 4,500 LESS ACCUMULATED DEPRECIATION 0 2,850 REFRIGERATOR 0 617 LESS ACCUMULATED DEPRECIATION 0 278 REFRIGERATOR 0 491 LESS ACCUMULATED DEPRECIATION 0 491 TAXES RECEIVABLE 6,050 29 TOTAL 6,050 4,583 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | LOAN PAYABLE - WINDOW REPLACEMENT 18,472 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CLUB IS A MEMBERSHIP ORGANIZATION WITH ACTIVITES CENTERED AROUND BOATING AND RESPONSIBLE RECREATIONAL USE OF THE CONNECTICUT RIVER AND WATERS BEYOND, INCLUDING LONG ISLAND SOUND AND ESPECIALLY ACTIVITY IN AND AROUND WETHERSFIELD COVE IN THE TOWN OF WETHERSFIELD, CT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| 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/PersonNm | 0 | PETER JACKSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8605638780 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WETHERSFIELD COVE YACHT CLUB INCORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WETH |
| ReturnHeader/Filer/EIN | 0 | 066060496 |
| ReturnHeader/Filer/PhoneNum | 0 | 8605638780 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 270R HARTFORD AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WETHERSFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06109 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061053627 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | O'CONNELL PACE & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 449 SILAS DEANE HWY STE 301 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WETHERSFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06109 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8602473917 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARIO PACE |
| ReturnHeader/ReturnTs | 0 | 2025-10-19T13:58:56-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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