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Cottage Park Yacht Club in Winthrop, Massachusetts (MA)

  • Statements Regarding Other IRS Filings and Tax Compliance
  • Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
  • Statement of Revenue
  • Statement of Functional Expenses
  • Balance Sheet
  • Reason for Public Charity Status
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Cottage Park Yacht Club
Employer Identification Number (EIN)041212036
Name of OrganizationCottage Park Yacht Club
Address1 Baker Sq, , MA 02152-2219
ActivitiesCountry club
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1942
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,122,647
Amount of Income$868,893
Form 990 Revenue Amount$693,309

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Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?YesYes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10962021
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return5454
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$239,952$250,922$252,365
Gross receipts for public use of club facilities $28,923$25,930$27,179
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$4,932$4,367
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$676,145$737,016$693,309
Contributions, Gifts, Grants and Other Similar Amounts$239,952$250,922$252,364
Program Service Revenue$231,847$267,025$241,394
All Other Amusement and Recreation Industries $141,805$123,494
All Other Amusement and Recreation Industries $125,220$117,900
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$161$106$75
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$16,576$19,975$16,908
Gross rents (Real / Personal)$47,070 / $0$48,076 / $0$48,423 / $0
Less: rental expenses (Real / Personal)$30,494 / $0$28,101 / $0$31,515 / $0
Rental income or (loss) (Real / Personal)$16,576 / $0$19,975 / $0$16,908 / $0
Net gain/loss from sales of assets other than inventory$0$0$0
Net income/loss from fundraising events$6,242$7,655$6,951
Gross income from fundraising events$16,194$17,180$17,125
Less: direct expenses$9,952$9,525$10,174
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$181,367$191,333$175,617
Gross sales of inventory, less returns and allowances$322,504$342,533$309,512
Less: cost of goods sold$141,137$151,199$133,895
Miscellaneous Revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$670,845$666,801$576,850
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$200$4,932$4,367
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$172,653$157,744$139,284
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$21,437$19,687$17,554
Fees for services (non-employees)
Management$0$0
Legal$5,650$1,550
Accounting$0$0
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$0$0
Office expenses$0$0
Information technology$0$0
Royalties$0$0
Occupancy$0$0
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$14,523$12,263
Payments to affiliates$0$0
Depreciation, depletion, and amortization$33,262$33,917
Insurance$50,129$51,115
Other expenses$380,874$316,800
Balance Sheet
201120122013
Total assets$1,008,378$1,048,481$1,122,647
Cash - non-interest-bearing$220,170$259,045
Savings and temporary cash investments$47,600$100,019
Pledges and grants receivable, net$0$0
Accounts receivable, net$4,057$385
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$10,836$11,383
Prepaid expenses and deferred charges$17,979$24,989
Land, buildings, and equipment: cost or other basis$747,839$726,826
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$483,298$453,130$410,837
Accounts payable and accrued expenses$61,623$57,996
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$391,507$352,841
Secured mortgages and notes payable to unrelated third parties$357,052$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$525,080$595,351$711,810
Unrestricted net assets$0$0
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Cottage Park Yacht Club

Play in the heart of downtown baltimore, marina info.

Cottage Park Yacht Club is positioned at 1 Baker Square in Winthrop, Massachusetts. Currently there are no reviews for Cottage Park Yacht Club. Contact Cottage Park Yacht Club at 617-846-9801. Cruising in Winthrop is an activity throughout all of Massachusetts.

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Cottage Park Yacht Club

42.36787° N, 70.98662° W

Cpyc marine facilities.

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Temporary Slip Rental

The Cottage Park Yacht Club offers Temporary Slip Rental to it’s members who do not have seasonal slips. These rentals are on a space available basis. You can rent the slip for as long as you desire, provided that there is space available. To allow equal time for all who have no slips, you may be asked to empty your slip in order to make space for another member, who has not been in yet. Since all slips have seasonal owners who may bring in their boats, and there may be more requests than available slips, you will have to be ready to move your boat within 24-48 hours of notification. Requests have increased this year than prior seasons, so please call and reserve well ahead of your planned dates. Requests are made through the Wharfinger. Full rental policy here .

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2024 Membership Rates

Membership Class:Code:Annual Costs
RegularREG$1,238
SocialSOC$667
LifeLIFEExempt
HonoraryHONExempt
Regular SeniorSEN$978
Regular MilitaryMILExempt
Non-Resident RegularNRE$755
Young Adult RegularYAD$878
TrialTM$1,067
Youth AssociateYA$105

2024 MEMBERSHIP DUES, FEES & ASSESSMENTS

Assessments
Initiation Fee (1)Annual DuesChitsCapital Improvement Annual AssessmentYouth Sailing AssessmentNon-Boater Dredge Assessment (2)
RegularREG$790$718$125$350$20$25
SocialSOC$260$412$125$105——— Exempt ———-$25
LifeLIFE——————– Exempt ——————–
HonoraryHON——————– Exempt ——————–
Regular SeniorSENN/A$458$125$350$20$25
Regular Military (3)MIL——————– Exempt ——————–
Non-Resident RegularNRE$790$360$0$350$20$25
Young Adult RegularYAD$790$358$125$350$20$25
TrialTM$790$547$125$350$20$25
Youth Associate (4)YAN/A$105——————– Exempt ——————–

IMAGES

  1. Cottage Park Yacht Club

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  2. Blessing of the Fleet At Cottage Park Yacht Club

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  3. September 2002

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  4. Cottage Park Yacht Club

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  5. History

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  6. Mass Bay Sailing Association

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VIDEO

  1. COTTAGE PARK LOT 65

  2. COTTAGE PARK LOT 37

  3. Swiss Cottage park

COMMENTS

  1. Cottage Park Yacht Club

    Founded in 1902, the Cottage Park Yacht Club is a boating center situated in Boston Harbor. Our club's mission is to foster a sense of community and promote social culture among boating enthusiasts in the surrounding area. While over 40% of our membership are boat owners, the Cottage Park Yacht Club is truly an organization that embraces ...

  2. Cottage Park Yacht Club (U.S.)

    Cottage Park Yacht Club. The Cottage Park Yacht Club (CPYC) was founded in 1902 in Winthrop. The club started on the ferry dock formerly used by the Boston Steam Ship Company for its service between Boston and the Cottage Park Hotel in Winthrop. The burgee of CPYC is red with a white triangle charged with a blue star placed along the hoist.

  3. Cottage Park Yacht Club

    The Cottage Park Yacht Club is a private yacht club located in Winthrop, Massachusetts, on Boston Harbor. Fleets. One-Design racing fleets include N-10, Optimist, 420, Laser and Snipe Rhodes 19 Sailors. The club ...

  4. Cottage Park Yacht Club

    Cottage Park Yacht Club, Winthrop, Massachusetts. 1,185 likes · 9,462 were here. Welcome to the Cottage Park Yacht Club Fan Page. The clubhouse operates a year round facility and t

  5. Cottage Park Yacht Club

    Cottage Park Yacht Club. The Cottage Park Yacht Club is a private club located in beautiful Winthrop-by-the-Sea with a view of the Boston skyline. The clubhouse operates a year round facility and the amenities including a full bar, gym, billiard tables, bowling alley, and darts. Today the club serves its very active and diverse membership needs ...

  6. Cottage Park Yacht Club (@cottageparkyc)

    825 Followers, 49 Following, 333 Posts - Cottage Park Yacht Club (@cottageparkyc) on Instagram: "76 Orlando Avenue, Winthrop ... Open for the 2024 Season! ⛵ Regular and Trial CPYC Members can enjoy the water this summer with access to reserve the club's fleet of kayaks, stand up paddle boards and Rhodes 19 sailboat. Tier 1 membership (kayaks ...

  7. Cottage Park Yacht Club

    Welcome to the Cottage Park Yacht Club Fan Page. The clubhouse operates a year round facility and t. (617) 846-9801. [email protected]. cpyc.org. Price Range · $$. Rating · 4.4 (182 Reviews)

  8. Massachusetts Boating and Yacht Clubs Association (U.S.)

    image by Ivan Sache, 18 July 2010. The Massachusetts Boating and Yacht Clubs Association (MBYCA), incorporated in 1931, is an umbrella association grouping several yacht clubs based in Massachusetts. The burgee of MBYCA, as shown graphically in the association's logo, is blue with a red star. The member clubs are as follows: American Yacht Club.

  9. Cottage Park Yacht Club in Winthrop, Massachusetts (MA)

    Cottage Park Yacht Club: Employer Identification Number (EIN) 041212036: Name of Organization: Cottage Park Yacht Club: Address: 1 Baker Sq, Winthrop, MA 02152-2219: Activities: Country club: Subsection: Pleasure, Recreational, or Social Club: Ruling Date: 11/1942: Deductibility: Contributions are not deductible: Foundation: All organizations ...

  10. Cottage Park Yacht Club

    Cottage Park Yacht Club, Winthrop, Massachusetts. 1,187 likes · 4 talking about this · 9,468 were here. Welcome to the Cottage Park Yacht Club Fan Page. The clubhouse operates a year round facility...

  11. Cottage Park Yacht Club

    Founded in 1902, the Cottage Park Yacht Club is a boating center situated in Boston Harbor. Our club's mission is to foster a sense of community and promote social culture among boating enthusiasts in the surrounding area. While over 40% of our membership are boat owners, the Cottage Park Yacht Club is truly an organization […]

  12. Cottage Park Yacht Club

    Cottage Park Yacht Club is positioned at 1 Baker Square in Winthrop, Massachusetts. Currently there are no reviews for Cottage Park Yacht Club. Contact Cottage Park Yacht Club at 617-846-9801. Cruising in Winthrop is an activity throughout all of Massachusetts.

  13. Officers & Board Members

    Dear Members of the Cottage Park Yacht Club, As we reflect on our club's history, we are proud of our many accomplishments and grateful for the contributions of each and every one of our members. ... Flag Officer Liaison Chairperson Chairperson Contact; Capital Improvement: John Cataldo: David Girard: [email protected]: House ...

  14. Cottage Park Yacht Club

    Cottage Park Yacht Club. Winthrop, MA; Tax-exempt since Nov. 1942 EIN: 04-1212036; Receive an email when new data is available for this organization. ... Club or Co-Op Income; Initiation Fees & Contributions $239,952 : Income From Public Use of Club Facilities $28,923 :

  15. History

    They formed a corporation and named it Cottage Park Yacht Club, receiving a charter from the Commonwealth of Massachusetts. Fig. 1 - The clubhouse approved by the membership to include bowling alleys, a billiard room and dance hall on the second floor. The first order of business was to purchase the head pier and ticket office to be used as ...

  16. The Yacht Club

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  17. Yacht club "Royal Yacht Club": address, description, photos

    Royal Yacht Club is the center of yachting life in Moscow, imbued with European spirit and combines a modern yacht port, a unique coastal restaurant, spacious spectator stands, a cozy business center and the DoubleTree by Hilton Moscow - Marina. Luxury recreation on the water within the city limits, berth for vessels from 6 to 40 meters, one of the best restaurants of Arkady Novikov ...

  18. Club Calendar

    Club Calendar. We plan a variety of events and activities throughout the year that are sure to be of interest to all. From sailing lessons and regattas to social events like family lobster bakes and the Commodore's Ball, we aim to offer opportunities to meet new people, learn new skills, and build lasting relationships within our community.

  19. The Yacht Club

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    Dog Park. On-Site Maintenance. On-site Amazon Hub Lockers. Cyber Café with Pool Table. Two Picturesque Lakes. Community App for Resident Interest Groups & Events. ... Contact us at Yacht Club today! Learn more about our welcoming Bradenton community - contact our team today! Phone Number (941) 744-1340. ADDRESS.

  21. Join Us

    Join Us. We are accepting applications for membership. The Cottage Park Yacht Club is a family-friendly club and a center for boating in Boston Harbor. We offer a welcoming environment where you can connect with other boating enthusiasts and enjoy a wide range of activities both on and off the water. Whether you're an experienced sailor, just ...

  22. Commodore's Message

    Cottage Park Yacht Club. Commodore Reynolds. E-Mail: [email protected] Telephone: (617) 846-2792 Address: 76 Orlando Ave, Winthrop, MA 02152. Subscribe to Our Mailing List * * Twitter Facebook ...

  23. Marina

    CPYC Marine Facilities. Cottage Park Yacht Club has 63 marina slips, available on a membership seniority basis with a varying annual number of floaters, tender floats, and dry sailing space. The club Launch services boats in the sheltered mooring basin. Other facilities include dock space, head pier, ice and snack bar.