Ipswich Bay Yacht Club
The organization's mission is to provide yacht club facilities for its members
Ipswich Bay Yacht Club at a glance
In short: Ipswich Bay Yacht Club gave $6K across 1 grant in 2025 (avg $6K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $5,625
- -29.1% vs 2024
- Grants made (2025)
- 1
- Average grant
- $5,625
- Median grant
- $5,625
- Total assets
- $2,165,878
- +7.8% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
Who Ipswich Bay Yacht Club funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Ipswich Junior Sailing Inc ($6K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2020) to $12K (2022). In 2025 it made 1 grant totaling $6K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ipswich Junior Sailing Inc Ipswich, MA | To Help the Foundation Promote Sailing | $5,625 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,165,878 | $1,015,191 | $858,402 | $5,625 | 1 | $27,573 |
| 2024 | $2,009,089 | $998,511 | $826,850 | $7,931 | Total only | $24,579 |
| 2023 | $1,837,428 | $959,621 | $812,210 | $8,817 | Total only | $21,162 |
| 2022 | $1,690,018 | $841,135 | $729,764 | $12,059 | Total only | $923 |
| 2021 | $1,599,208 | $779,446 | $669,257 | $5,636 | Total only | $2,738 |
| 2020 | $1,519,207 | $743,769 | $667,695 | $5,200 | Total only | $1,491 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Ipswich Bay Yacht Club
Based on IRS filings
Ipswich Bay Yacht Club is a public charity, based in Ipswich, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 1 grant totaling $6K. Net investment income was $28K.
Leadership & Key People
Officers and directors from IRS filings
Ipswich Bay Yacht Club's 2025 filing lists 14 officers; 6 of 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Melissa Stella
Communications Director
Communications Director → Communication Committee, 2023
Communication Committee → Communications Director, 2024
On filings since 2022
3 hrs/week
$3K (2024) → $3K (2025)
Edward Andrew Nagus
Treasurer
On filings since 2020
3 hrs/week
$3K (2024) → $3K (2025)
Ken Bates
Commodore
Member at Large → Vice Commodore, 2023
Vice Commodore → Commodore, 2024
On filings since 2020
3 hrs/week
$3K (2024) → $3K (2025)
Paul Conboy
Membership Committee
Co-Commodore & Co-Rear Commodore → Commodore, 2021
Commodore → Membership Committee, 2023
On filings since 2020
1 hr/week
$3K (2024) → $3K (2025)
Thomas Burgess
Capital Improvement Committee
Commodore → Capital Improvement Committie, 2024
Capital Improvement Committie → Capital Improvement Committee, 2025
On filings since 2020
1 hr/week
$3K (2024) → $0 (2025)
Jeff Cann
Vice Commodore
Member at Large → Rear Commodore, 2023
Rear Commodore → Vice Commodore, 2024
On filings since 2021
3 hrs/week
$3K (2024) → $3K (2025)
Deb Wright
Social Committie
On filings since 2024
1 hr/week
$3K (2025)
Mark Prestero
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Charles Ruebel
Rear Commodore
Member at Large → Rear Commodore, 2025
On filings since 2023
3 hrs/week
No compensation reported
Paul Gilligan
Member at Large
On filings since 2023
1 hr/week
No compensation reported
Cathy Lanois
Social Committie
On filings since 2024
1 hr/week
No compensation reported
David Brown
Member at Large
New on the 2025 filing
1 hr/week
No compensation reported
Jim Gogen
Member at Large
New on the 2025 filing
1 hr/week
No compensation reported
Justin Wright
Member at Large
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (15)
- Former: Jeff Bruk (2021–2024) — Member at Large
- Former: Jeff Blizard (2023–2024) — Member at Large
- Former: Doug Lanois (2024) — Rear Commodore
- Former: Ellen Clarke (2022–2023) — Social Committie
- Former: Chris Cullinan (2023) — Finacial Advisory Board
- Former: George Koushivas (2023) — Finacial Advisory Board
- Former: Greg Smith (2023) — Finacial Advisory Board
- Former: Richard Fates (2023) — Finacial Advisory Board
- Former: Christopher Baker (2020–2022) — Rear Commodore
- Former: Chuck Huntley (2020–2022) — Member at Large
- Former: Herb Capron (2020–2022) — Capital Improvemnent Committee Chair
- Former: Jim Rataj (2022) — Membership Chair
- Former: Scott Goodwin (2020–2021) — Member at Large
- Former: Richard Kuzmitski (2020) — Co-Vice Commodore
- Former: William McCarthy (2020) — Member at Large
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $3K, to Ken Bates (Commodore). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Ipswich Bay Yacht Club
How much does Ipswich Bay Yacht Club give each year?
Ipswich Bay Yacht Club gave $6K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $8K in grants paid.
How large is Ipswich Bay Yacht Club?
Ipswich Bay Yacht Club reported $2.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.0M.
Where does Ipswich Bay Yacht Club operate?
Ipswich Bay Yacht Club has awarded grants in Massachusetts.
What is Ipswich Bay Yacht Club's EIN?
Ipswich Bay Yacht Club's EIN (Employer Identification Number) is 04-6125498. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 18, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 28, 2026)
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Ipswich Bay Yacht Club down — hundreds of funders to go?