Mystic Wellington Yacht Club Inc
To promote teach yachting, and to provide its members, their families, and guests with recreational yachting and social activities.
Mystic Wellington Yacht Club Inc at a glance
In short: Mystic Wellington Yacht Club Inc reported $4K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $3,853 — reported as a total on the IRS filing, without an itemized list
- +5.6% vs 2023
- Total assets
- $318,703
- +9.0% vs 2023
- Revenue (2024)
- $346,635
- +121.7% vs 2023
- Net investment income (2024)
- $81
- -2.4% vs 2023
- Expenses (2024)
- $310,448
- +59.7% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
Who Mystic Wellington Yacht Club Inc funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2022) to $5K (2020). In 2024 it reported $4K in grants paid, as a total without an itemized list.
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 |
|---|---|---|
| Medford Public School Guidence Department Medford, MA | Scholarships | $2,000 |
| Medford Public Library Medford, MA | General Support | $1,250 |
| Mystic River Watershed Org Arlington, MA | General Support | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $318,703 | $346,635 | $310,448 | $3,853 | Total only | $81 |
| 2023 | $292,469 | $156,341 | $194,376 | $3,650 | Total only | $83 |
| 2022 | $330,504 | $201,985 | $245,734 | $1,954 | Total only | $96 |
| 2021 | $375,301 | $202,613 | $192,794 | $4,250 | 3 | $119 |
| 2020 | $383,271 | $203,680 | $188,355 | $5,253 | 6 | $164 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Mystic Wellington Yacht Club Inc
Based on IRS filings
Mystic Wellington Yacht Club Inc is a public charity, based in Medford, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it reported $4K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $81.
Leadership & Key People
Officers and directors from IRS filings
Mystic Wellington Yacht Club Inc's 2024 filing lists 11 officers; none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ben Ercolini
Director
On filings since 2020
10 hrs/week
No compensation reported
James Driscoll
Director
On filings since 2020
10 hrs/week
No compensation reported
John Shaw
Director
On filings since 2020
10 hrs/week
No compensation reported
Bob Gillen
Director
On filings since 2023
10 hrs/week
No compensation reported
Charlie Jannone
Director
On filings since 2023
10 hrs/week
No compensation reported
Dave Urban
Director
On filings since 2023
10 hrs/week
No compensation reported
Guy Leone
Rear Commodore
On filings since 2020
10 hrs/week
No compensation reported
Harold Kepnes
Treasurer
On filings since 2020
10 hrs/week
No compensation reported
Joe Digirolamo
Commodore
On filings since 2020
10 hrs/week
No compensation reported
Paul Moran
Vice Commodore
On filings since 2020
10 hrs/week
No compensation reported
Ted Chisholm
Secretary
On filings since 2020
10 hrs/week
No compensation reported
Former officers (3)
- Former: Charles Jannone (2020–2021) — Director
- Former: Matt Leone (2020–2021) — Director
- Former: Tom Perry (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mystic Wellington Yacht Club Inc
How much does Mystic Wellington Yacht Club Inc give each year?
Mystic Wellington Yacht Club Inc reported $4K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it reported $4K in grants paid.
How large is Mystic Wellington Yacht Club Inc?
Mystic Wellington Yacht Club Inc reported $319K in total assets on its 2024 IRS Form 990. Its revenue that year was $347K.
Where does Mystic Wellington Yacht Club Inc operate?
Mystic Wellington Yacht Club Inc has awarded grants in Massachusetts, New York.
What is Mystic Wellington Yacht Club Inc's EIN?
Mystic Wellington Yacht Club Inc's EIN (Employer Identification Number) is 04-2520766. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS December 5, 2025)
- IRS filings on file for fiscal years 2020–2024
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