SALEM YACHT AND BOATING CLUB

EIN: 93-0509654 · Salem, OR · Data spans: TY2021–TY2024

Most recent filing: Tax Year 2024.

A more recent filing may not yet be published.

Sailing's public record, made legible. All numbers come directly from this organization's own sworn 990 filing. Patterns are computed from years of filings — not assessments or judgments.

Read trends in context: compare like with like, note the filing year, and treat major disruptions (like 2020–2021) as discontinuities rather than a continuous baseline.

Missing or N/A does not always mean absent. It can mean the item was not disclosed on that form, not collected on that filing type, or not available for that year.

Total Revenueℹ️Form 990, Part VIII — Statement of Revenue. Includes contributions, grants, member dues, program service revenue, and investment income. Does NOT include borrowed funds or asset sales proceeds.

$90,945

Total Expensesℹ️Form 990, Part IX (full 990) or Part I Line 17 (990-EZ) — Total functional expenses. Includes program service expenses, management and general, and fundraising. The gap between revenue and expenses is the operating surplus or deficit for the year.

$79,877

Total Assetsℹ️Form 990, Part X — Balance Sheet, end of year. Includes cash, receivables, investments, land, buildings, and equipment.

N/A

Net Assetsℹ️Form 990, Part X — Total assets minus total liabilities. Positive = financially solvent. Negative = liabilities exceed assets. Also called 'fund balance.'

$174,860

W-2 employee count not reported for most recent filing · TY2024 · 990EZ

Total compensation, benefits & payroll taxes (Part IX)

Not available for Form 990-EZ filings. This metric requires a full Form 990.

Professional & consulting fees (Part IX, line 11)

Not available for Form 990-EZ filings. This metric requires a full Form 990.

Historical Trends

Revenue vs. Expenses

Net Revenue / Operating Margin

Net Assets

Revenue Trend

Tax YearPeriodFormRevenueExpensesNet RevenueNet Assets
TY20212020–2021990EZ$61,143$54,444$6,699$134,975
TY20222022+990EZ$75,779$57,574$18,205$153,180
TY20232022+990EZ$91,042$80,430$10,612$163,792
TY20242022+990EZ$90,945$79,877$11,068$174,860

Revenue trend is a filing-history view. It helps you compare operating periods, not infer the club's live condition today.

Revenue Breakdown

Part VIII line-level detail is not available for this organization. The most common reason is that this organization files Form 990-EZ, which does not include the same revenue schedule as the full Form 990. Revenue totals are still reported in the key metrics above where available.

Programs (Part III — most recent year)

Form 990, Part III — Statement of Program Service Accomplishments. These are the activities that directly further the organization's exempt purpose. Expenses, grants, and revenue are as reported in the organization's own sworn filing.

Ensured that all active members have completed the Oregon State Marine Board required boater safety classes and have proof their watercraft is insured also Helped to educate young people and children about the safe use of the river and the dangers inherent in the strong current and sand bars. The Club is currently serving 74 full member families of the max 85 full members and 12 associate families…

SYBC helps to locate and mark dangerous snagged trees and sandbars that could pose a hazard to boaters and kayakers and floaters along with providing a safe and very convenient pull out location for emergency assistance for the boaters and floaters and paddlers who get in trouble on the river when they have mechanical issues or miscalculate their position on the river as night approaches and are u…

SYBC provides membership and access to Polk County Marine Board and the City of Salem Fire Department and The City of Salem Police Department so that all of these safety agencies can quickly launch their fire fighting and rescue patrol boats as needed to help the communities surrounding the River and assist citizens on the River as well as being able to enforce waterway rules and regulations along…

Governance & Transparency Signals

The IRS Form 990 is a sworn disclosure document — not just a tax return. Beyond financials, it captures governance policies, compensation practices, and relationships between insiders and the organization. Every category below comes directly from that filing. When a field is blank, it is often because this form type doesn’t require it, or the org doesn’t meet the threshold that triggers disclosure. That context is itself worth knowing.

Conflict of Interest Policy

Form 990, Part VI — Line 12a

Not reported — this organization files Form 990-EZ, which does not include this schedule.

Part VI governance questions — including the conflict of interest policy — appear only on the full Form 990. This organization files a shorter form available to smaller or specialized filers. Full 990 filers must answer these questions and make the responses public.

Whistleblower Protection Policy

Form 990, Part VI — Line 13

Not reported — this organization files Form 990-EZ, which does not include this schedule.

Whistleblower policy disclosure is part of the full Form 990’s Part VI. The IRS added this question after Sarbanes-Oxley to encourage nonprofits to adopt protections analogous to those required of public companies.

Officer & Key Employee Compensation (Part VII)

Form 990, Part VII — Named individuals with reportable compensation

No individual compensation reported for this organization in the most recent filing.

This is the norm for volunteer-run sailing clubs. Part VII still exists in the filing — it simply shows $0 compensation for all listed officers and directors, meaning this club is led entirely by unpaid volunteers. When you see compensation appear here in other organizations, it marks a meaningful transition: the club has grown to the point where professional management was hired. The largest clubs in this corpus — those above $3M in revenue — are the most likely to have paid executive staff.

Independent Compensation Consultant

Schedule J, Part I — Organizations filing when comp exceeds $150K

Not reported — this organization files Form 990-EZ, which does not include this schedule.

Schedule J is a supplement to the full Form 990 only. It captures how high executive pay was set and what perquisites were provided.

Equity-Based Compensation

Schedule J, Part II — Per-person compensation detail

Not reported — this organization files Form 990-EZ, which does not include this schedule.

Related-Party Transactions (Schedule L)

Schedule L — Transactions with Interested Persons (officers, directors, their families, controlled entities)

Schedule L requires disclosure of loans, grants, and business transactions between the organization and its own insiders — board members, officers, key employees, and their family members or entities they control. Nonprofits are not prohibited from transacting with insiders, but they must disclose it, follow fair-market-value standards, and document that the transaction benefited the organization, not just the insider. These disclosures exist because self-dealing is the most direct way nonprofit assets can flow to those in control.

Schedule L detail is extracted from full Form 990 XML. This organization files Form 990-EZ, which uses different disclosure rules.

Schedule O — Supplemental Information (most recent year)

Organizations use Schedule O to provide additional explanation for answers given on the main 990 form. These are direct excerpts from the filed document.

Form 990-EZ, Part I, Line 8

PayPal Fees

Form 990-EZ, Part I, Line 16

Description;Amount^Annual Meetings Events;13966|Liability Insurance;2444|Online Computer Software Support;120|Misc SYBC Gear Shirts;1072^Total;17602^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Fencing Gate Blacktop;54392|Firepit;3120|Upper Parking Lot Improvements;8485|Well Pump House;10542|Propane Heaters BBQs;3362|Riding Lawnmower;2100|Security Cameras;4346|Shade Changing Structure;1617|Metal Storage Building;3000|Portable Sprayer;347|Furniture Fixtures Picnic Tables;2960^Total;94271^

Mission

To promote boating safety and provide information about the recreational use of the Willamette River that flows through Salem Oregon SYBC provides launching facilities to the City of Salem Fire Dept for their fire and rescue boats as well as the City of Salem Police Dept for emergency access when needed. SYBC provides membership to the Polk County Marine Board who moor and launch their River Patrol boats and jet skis at the club on a regular basis all year long especially during the summer boating season to monitor waterways for safe boating and watch for impaired operators

As stated in the organization's 990 filing.

IRS Source Filings

Source filings are IRS e-file records in XML (Extensible Markup Language) format — a structured data standard used by the IRS for electronic filing. If you open one of these links, it will look like code. That's not an error — that's what XML looks like. Harbor Commons processes this raw XML and presents the structured, readable view you see above.

Why this matters: the XML is the receipt. Harbor Commons is the reading layer on top of that receipt. If you ever need to verify a number, wording choice, or disclosure, the source filing is where to check.

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