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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 Squantum Yacht Club

Squantum Yacht Club

Fiscal year ending 2024. Filed on August 28, 2025.

PO Box 67
Quincy, Massachusetts 02170

Squantum Yacht Club (EIN: 04-1860160) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Squantum Yacht Club, a 501(c)(7) social or recreation club, reported compensation for 4 out of 25 total employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$208,548

Expenses

$253,071

Employee compensation

$80,754
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Cianci
Secretary
$0
Elizabeth Nuzzo
FIN SECT
$0
Sal Darji
Treasurer
$0
Charles Kourafas
President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Arthur Formanek
Director
Mark Jaehnig
Director
Mary Michael
Director
Robert Desmond
Rear Commodore
Sean Couture
VICE Commondore

Mission Statement

SQUANTUM YACHT CLUB PROVIDES ITS MEMBERS WITH BOATING AND YACHT SUPPORT SERVICES. IT ALSO PROMOTES BOAT SAFETY AND SPONSORS BOTH ADULT AND YOUTH BOATING ACTIVITIES. SQUANTUM YACHT CLUB HAS PROMOTED BOATING IN QUINCY BAY AND SURROUNDING WATERS SINCE THE LATE 1800S. THE CLUB HAS 75 REGULAR MEMBERS, 30 LIFE MEMBERS AND 57 SOCIAL MEMBERS. IT RUNS A JUNIOR SAILING PROGRAM FOR BOTH MEMBER AND NON-MEMBER CHILDREN IN THE COMMUNITY (AGES 8-17). THE SQUANTUM YACHT CLUB HAS BEEN HOSTING THE LIPTON CUP REGATTA IN THE MONTH OF JULY FOR OVER 30 YEARS. IT DRAWS BOTH JUNIOR AND ADULT SAILORS FROM ALL OVER NEW ENGLAND. SQUANTUM YACHT CLUB ALSO PROVIDES FREE USAGE OF IT'S HALL TO THE QUINCY HIGH SCHOOL SPORTS TEAMS AND OTHER CIVIC ORGANIZATIONS.

Revisions to this organization profile

August 28, 2025:
2024 Squantum Yacht Club 990 filed
July 31, 2024:
2023 Squantum Yacht Club 990 filed
November 13, 2023:
2022 Squantum Yacht Club 990 filed

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