Nonprofit · EIN 20-8988491
LAKEFRONT YACHT CLUB
Tax-exempt (reinstated) · PORT CLINTON, OH 43452
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $53,800 | $24,528 | $29,272 | $33,687 | – | $33,687 |
| December 31, 2024 | 990-EZ | $30,454 | $28,900 | $1,554 | $4,415 | – | $4,415 |
| December 31, 2023 | 990-EZ | $28,971 | $26,110 | $2,861 | $2,861 | – | $2,861 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $30,900
- Net income from fundraising events
- $4,591
- Net income from sales of inventory
- $18,309
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $6,501
- Occupancy
- $13,241
- Printing, publications and postage
- $1,420
- Other expenses
- $3,366
Balance sheet and other
- Total assets, start of year
- $4,415
- Total assets, end of year
- $33,687
- Total liabilities, end of year
- –
- Net assets, end of year
- $33,687
- Cash, savings and investments
- $30,877
- Gross receipts
- $100,597
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOB BARGER | BOARD MEMBER | 1 | $0 |
| JAMES GEYER JR | COMMODORE | 1 | $0 |
| DOUG TURNER | REAR COMMODO | 1 | $0 |
| JUNE BEARD | TREASURER | 2 | $0 |
| MICHAEL SWARTZ | VICE COMMODO | 1 | $0 |
| ANDY LUDI | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH ISCH | COMMODORE | 0 | $0 |
| JAMES GEYER JR | VICE COMMODO | 0 | $0 |
| COURTNEY BAILEY | REAR COMMODO | 0 | $0 |
| JAMES COX | TREASURER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH ISCH | COMMODORE | 0.25 | $0 |
| JAMES GEYER JR | VICE COMMODO | 0.25 | $0 |
| COURTNEY BAILEY | REAR COMMODO | 0.25 | $0 |
| JAMES COX | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1805 W LAKESHORE DR, PORT CLINTON, OH 43452-9103
- In care of
- % CAPT STEPHEN BANASHAK
- Mailing address (990-N for 2022)
- 1805 W Lakeshore Dr, Port Clinton OH 43452
- Principal officer (990-N for 2022)
- Jim Cox, 1805 W Lakeshore Dr, Port Clinton OH 43452
- Signed the 990-EZ
- JUNE BEARD, TREASURER
- Phone
- (615) 330-1132
- Return prepared by
- SODERBERG AND BRENNER CPAS LLC
Mission
TO PROMOTE BOATING AND OTHER AQUATIC SPORTS IN THE STATE OF OHIO IN GENERAL AND PORT CLINTON IN PARTICULAR. TO IMPROVE THE QUALITY OF LIFE IN PORT CLINTON BY THE BEST USE OF LAKE ERIE RESOURCES AND TO USE THE WATERS AND SHORES OF OHIO WISELY FOR THE BETTERMENT OF ALL.
Program accomplishments
- MAINTAIN A CLUBHOUSE FOR MEMBERS USE IN PROMOTION OF BOATING ACTIVITIES
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-8988491
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $33,687
- Income (IRS master file)
- $100,597
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- March 19, 2016
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $53,800 | $24,528 | $33,687 | IRS |
| 990-EZ | December 2024 | $30,454 | $28,900 | $4,415 | IRS |
| 990-EZ | December 2023 | $28,971 | $26,110 | $2,861 | XML |
| 990-N for 2022 Officer: Jim Cox | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: JIM COX | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: JIM COX | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-8988491).
Questions about LAKEFRONT YACHT CLUB
- What is the EIN of LAKEFRONT YACHT CLUB?
- The employer identification number (EIN) of LAKEFRONT YACHT CLUB is 20-8988491.
- Is LAKEFRONT YACHT CLUB tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to LAKEFRONT YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKEFRONT YACHT 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 LAKEFRONT YACHT 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 LAKEFRONT YACHT CLUB last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LAKEFRONT YACHT CLUB?
- The 990-N for 2022 names Jim Cox.
- Who are the officers and directors of LAKEFRONT YACHT CLUB?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LAKEFRONT YACHT CLUB have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $53,800, expenses of $24,528 and total assets of $33,687 at year end.
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