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Nonprofit · EIN 16-1662177

OTSEGO SAILING CLUB

Tax-exempt · COOPERSTOWN, NY 13326

Financials

$65K$65K2023$83K$89K2024$83K$75K2025
Revenue Expenses · by fiscal year end
Financials of OTSEGO SAILING CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$83,070$75,344$7,726$639,290$4,260$635,030
December 31, 2024990$83,453$89,369-$5,916$641,746$14,442$627,304
December 31, 2023990$65,456$65,456$0$655,655$22,435$633,220
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$47,220
Membership dues
$45,303
Program service revenue
$34,405
Investment income
$1,445
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,458
Other salaries and wages
$9,512
Salaries, compensation and benefits (total)
$12,826
Professional fundraising fees
$0
Occupancy
$7,019
Depreciation
$9,177

Balance sheet and other

Total assets, start of year
$641,746
Total assets, end of year
$639,290
Total liabilities, end of year
$4,260
Net assets, end of year
$635,030
Land, buildings and equipment
$602,096
Gross receipts
$83,070
Employees
9
Volunteers
85
Year formed
1966
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
Connie HerzigTreasurer (Paymaster)
Officer, Key employee
4.5$2,458
Finn JensenPast Commodore (Past President)
Officer
2.5$0
Anna RumiTrustee
Officer
1$0
Wayne CoursenTrustee
Officer
1$0
Gary HerzigCommodore (President)
Officer
3$0
Jody O'ConnellSecretary (Keeper of the Log)
Officer
2$0
Torrance DutcherVice Commodore (Vice President)
Officer
2.5$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Connie HerzigTreasurer (Paymaster)
Officer, Key employee, Highest-paid employee
4.5$3,408
Andrew PorterPast Commodore (Past President)
Key employee
1$148
David GrigerTrustee
Institutional trustee
1$0
Paul BischofTrustee
Institutional trustee
1$0
Finn JensenCommodore (President)
Officer
3.5$0
Jody O'ConnellSecretary (Keeper of the Log)
Officer
2$0
Gary HerzigVice Commodore (Vice President)
Officer
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Connie HerzigTreasurer (Paymaster)
Officer, Key employee, Highest-paid employee
4.5$2,694
Andrew PorterCommodore (President)
Officer, Key employee
2.5$551
David AinsworthPast Commodore (Past President)
Key employee, Former
1$432
Mark KuhlmanTrustee
Trustee or director
1$0
Paul BischofTrustee
Trustee or director
1$0
Finn JensenVice Commodore (Vice President)
Officer
2$0
Jody O'ConnellSecretary (Keeper of the Log)
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 816, COOPERSTOWN, NY 13326-5816
Principal officer (990 for 2025)
Connie Herzig, 77 Ford Ave, Oneonta, NY 13820
Signed the 990
Connie Herzig, Treasurer
Phone
(607) 435-1025

Mission

The mission of the Otsego Sailing Club, Inc. ("OSC") is to (i) provide an association of sailboat owners and others who have mutual interests in sailing and sail boat racing; (ii) to encourage sail boating as a recreative and competitive sport; (iii) to establish rules and means for competitive sail boat racing by members; (iv) to promote safety in sailing and all associated activities; (v) to promote good sportsmanship; and (vi) to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members or officers, except as permitted under Article 5 of the New York Not-for-Profit Corporation Law.

990 for the year ended December 31, 2025

Program accomplishments

  • Provide access to lake, facilities, and launch ramp
    Expenses $12,144 · revenue $2,522
  • Provide lessons on safe sailing
    Expenses $15,703 · revenue $19,010
  • Provide storage and dock space for sailboats
    Expenses $3,996 · revenue $96

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1662177
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$639,290
Income (IRS master file)
$83,070

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$83,070$75,344$639,290XML
990December 2024$83,453$89,369$641,746XML
990December 2023$65,456$65,456$655,655XML
990December 2022$77,207$86,425$663,344IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 16-1662177).

Questions about OTSEGO SAILING CLUB

What is the EIN of OTSEGO SAILING CLUB?
The employer identification number (EIN) of OTSEGO SAILING CLUB is 16-1662177.
Is OTSEGO SAILING CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2011.
Are donations to OTSEGO SAILING CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OTSEGO SAILING CLUB 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 OTSEGO SAILING CLUB 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 OTSEGO SAILING CLUB 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 OTSEGO SAILING CLUB?
The 990 for the year ended December 31, 2025 names Connie Herzig.
Who are the officers and directors of OTSEGO SAILING CLUB?
The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $2,458 (Connie Herzig, Treasurer (Paymaster)).
How much revenue does OTSEGO SAILING CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $83,070, expenses of $75,344 and total assets of $639,290 at year end.

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