Nonprofit · EIN 02-0439135
LAKE WINNIPESAUKEE SAILING ASSOCIATION INC
Tax-exempt · GILFORD, NH 03247
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $218,961 | $196,596 | $22,365 | $978,768 | $301 | $978,467 |
| December 31, 2024 | 990 | $249,420 | $218,570 | $30,850 | $956,399 | $297 | $956,102 |
| December 31, 2023 | 990 | $224,996 | $190,306 | $34,690 | $930,151 | $4,899 | $925,252 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $39,244
- Membership dues
- $1,100
- Program service revenue
- $134,993
- Investment income
- $42,938
- Net gain from sales of assets
- $33,457
- Net income from sales of inventory
- $1,786
- Other revenue
- $1,786
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $79,491
- Professional fundraising fees
- $0
- Accounting fees
- $2,040
- Occupancy
- $7,138
- Depreciation
- $34,030
- Program services (functional)
- $168,526
- Management and general (functional)
- $28,070
Balance sheet and other
- Total assets, start of year
- $956,399
- Total assets, end of year
- $978,768
- Total liabilities, end of year
- $301
- Net assets, end of year
- $978,467
- Land, buildings and equipment
- $699,762
- Net assets without donor restrictions
- $978,467
- Gross receipts
- $239,504
- Employees
- 19
- Volunteers
- 25
- Year formed
- 1987
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN CROSBY | PRESIDENT Trustee or director, Officer | 15 | $0 |
| J CONOR HAYES | BOARD MEMBER Trustee or director | 2 | $0 |
| ALAN HIMMER | BOARD MEMBER Trustee or director | 2 | $0 |
| LYNNE HUNTER | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| JOHN R NORDEN III | BOARD MEMBER Trustee or director | 15 | $0 |
| CATHERINE MCLAUGHLIN | SECRETARY Trustee or director, Officer | 2 | $0 |
| HAYDEN MCLAUGHLIN | BOARD MEMBER Trustee or director | 2 | $0 |
| GUY NICKERSON | TREASURER Trustee or director, Officer | 4 | $0 |
| GRAHAM PHILPOT | BOARD MEMBER Trustee or director | 2 | $0 |
| KIMBERLY SCAMMAN | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN CROSBY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| J CONOR HAYES | BOARD MEMBER Trustee or director | 2 | $0 |
| ALAN HIMMER | BOARD MEMBER Trustee or director | 2 | $0 |
| LYNNE HUNTER | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| JOHN R NORDEN III | BOARD MEMBER Trustee or director | 15 | $0 |
| CATHERINE MCLAUGHLIN | SECRETARY Trustee or director, Officer | 2 | $0 |
| HAYDEN MCLAUGHLIN | BOARD MEMBER Trustee or director | 2 | $0 |
| GUY NICKERSON | TREASURER Trustee or director, Officer | 4 | $0 |
| JEFFREY RABINOWITZ | BOARD MEMBER Trustee or director | 2 | $0 |
| KIMBERLY SCAMMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| DAVID STOWE | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN CROSBY | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| J CONOR HAYES | BOARD MEMBER Trustee or director | 2 | $0 |
| ALAN HIMMER | BOARD MEMBER Trustee or director | 2 | $0 |
| LYNNE HUNTER | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN R NORDEN III | PRESIDENT Trustee or director, Officer | 15 | $0 |
| CATHERINE MCLAUGHLIN | SECRETARY Trustee or director, Officer | 2 | $0 |
| HAYDEN MCLAUGHLIN | BOARD MEMBER Trustee or director | 2 | $0 |
| GUY NICKERSON | TREASURER Trustee or director, Officer | 4 | $0 |
| JEFFREY RABINOWITZ | BOARD MEMBER Trustee or director | 2 | $0 |
| KIMBERLY SCAMMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| DAVID STOWE | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 7047, GILFORD, NH 03247-7047
- In care of
- % JON ROCHLIS
- Principal officer (990 for 2025)
- GUY NICKERSON, 95 BUSINESS PARK DRIVE, TILTON, NH 03276
- Signed the 990
- GUY NICKERSON, TREASURER
- Phone
- (603) 589-1177
- Website
- WWW.LWSA.ORG
- Return prepared by
- VICTORIA L PHILLIPS CPA
Mission
TO ENCOURAGE THE SPORT OF SAILING AND RACING; TO INTRODUCE AND TEACH PEOPLE, ESPECIALLY YOUNG PEOPLE AND PEOPLE WITH DISABILITIES, SAILING. TO ENCOURAGE YOUTH SAILING AND TO PROVIDE FACILITIES AND PROGRAMS FOR THE EDUCATION OF CHILDREN IN SAILING AND SAILBOAT RACING; TO FOSTER SPORTSMANSHIP THROUGHOUT THE SPORT; TO PROMOTE THE SCIENCE OF SEAMANSHIP AND NAVIGATION.
Program accomplishments
- A. YOUTH DEVELOPMENT: SAILING PROGRAM THAT COMPLETED 343 SAILING WEEKS FOR STUDENTS AGES 8-16; OUR SEASON RUNS FOR 11 WEEKS INCLUDING AFTER SCHOOL, OTHERWISE 9 WEEKS WITH PROFESSIONAL INSTRUCTORS AND COMPETITIVE EVENTS.Expenses $151,999 · revenue $119,093
- B. BOATING PROGRAMS: ADULT RACING PROGRAM: SAILBOAT RACING EVERY THURSDAY NIGHT FOR 15 WEEKS AND 12 WEEKEND RACES FOR ADULTS ON LARGER BOATS WITH YOUTH PARTICIPATION AS CREW. THE WEEKEND RACES WERE OPEN TO THE PUBLIC INVOLVING 20-30 ADULTS EACH SATURDAY & SUNDAY.Expenses $16,527 · revenue $15,900
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0439135
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50Z)
- Assets (IRS master file)
- $978,768
- Income (IRS master file)
- $239,504
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $218,961 | $196,596 | $978,768 | IRS |
| 990 | December 2024 | $249,420 | $218,570 | $956,399 | XML |
| 990 | December 2023 | $224,996 | $190,306 | $930,151 | XML |
| 990 | December 2022 | $167,652 | $148,468 | $890,562 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0439135).
Questions about LAKE WINNIPESAUKEE SAILING ASSOCIATION INC
- What is the EIN of LAKE WINNIPESAUKEE SAILING ASSOCIATION INC?
- The employer identification number (EIN) of LAKE WINNIPESAUKEE SAILING ASSOCIATION INC is 02-0439135.
- Is LAKE WINNIPESAUKEE SAILING ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to LAKE WINNIPESAUKEE SAILING ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE WINNIPESAUKEE SAILING ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE WINNIPESAUKEE SAILING ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE WINNIPESAUKEE SAILING ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAKE WINNIPESAUKEE SAILING ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names GUY NICKERSON.
- Who are the officers and directors of LAKE WINNIPESAUKEE SAILING ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does LAKE WINNIPESAUKEE SAILING ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $218,961, expenses of $196,596 and total assets of $978,768 at year end.
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All nonprofits in GILFORD · New Hampshire · Recreation and sports