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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Nantucket Yacht Club

Nantucket Yacht Club

Fiscal year ending 2024. Filed on September 12, 2025.

1 So Beach Street PO Box 667
Nantucket, Massachusetts 02554

Nantucket Yacht Club (EIN: 04-1649850) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Nantucket Yacht Club, a 501(c)(7) social or recreation club, reported compensation for 6 out of 151 total employees. Among the employees shown here, the average compensation is $227,441. The highest compensated employee at Nantucket Yacht Club is Peter McEachern with fiscal year 2024 compensation of $434,984.

Revenue, expenses, and employee compensation

Revenue

$9,081,723

Expenses

$7,273,658

Employee compensation

$2,506,001
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peter McEachern
General Manager
$434,984
$404,484 No related comp$30,500
Chris Freeman
Chef
$211,663
$204,013 No related comp$7,650
Lynell Vollans
Controller
$209,862
$179,362 No related comp$30,500
Vincent Raimo
Facilities Manager
$193,441
$162,941 No related comp$30,500
Ken Wasserman
Tennis Director
$191,414
$191,414 No related compNo other comp
Justin Assad
Sailing Master
$123,284
$123,284 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Allen Breed
Governor
Anthony Schweizer
Governor
Betsy Morgan
Treasurer
Burton Hurlock
Vice Commodore
Carl Jelleme
Governor
Constance Crosby
Governor
David Worth
Rear Commodore
Dorothy Baker
Governor
Gregory Fowlkes
Commodore
James Waterbury
Secretary
Jeanne Miller
Governor
John Nichols
Governor

Contractors

Cape & Islands Corp.
Tennis Court Resurface
$369,040
The Andersen Company LLC
Construction of New Deck Addition
$322,823
James Lydon Sons & Daughters
Roof Replacement
$107,555

Mission Statement

TO PROVIDE MEANS FOR THE RECREATION AND ENTERTAINMENT OF ITS MEMBERS, BY ESTABLISHING AND MAINTAINING A CLUB WITH THE PROPER BUILDINGS, GROUNDS, AND FACILITIES TO PROMOTE YACHTING, SPORTS AND SOCIAL ACTIVITIES.

Revisions to this organization profile

September 12, 2025:
2024 Nantucket Yacht Club 990 filed
August 26, 2024:
2023 Nantucket Yacht Club 990 filed
March 15, 2023:
2022 Nantucket Yacht Club 990 filed

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Other organizations also named Nantucket Yacht Club

Nantucket Yacht Club Foundation Inc.
Nantucket, Massachusetts