Nonprofit · EIN 23-7372614
LASER REGATTA SQUADRON
Also known as GALLATIN BUILDING
Tax-exempt · HERMITAGE, TN 37076
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-EZ | $168,002 | $178,182 | -$10,180 | $263,972 | $2,439 | $261,533 |
| March 31, 2025 | 990-EZ | $157,753 | $154,518 | $3,235 | $304,931 | $2,297 | $302,634 |
| March 31, 2024 | 990-EZ | $152,072 | $139,236 | $12,836 | $299,039 | $3,124 | $295,915 |
Financial details: 990-EZ for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $147,217
- Program service revenue
- $17,379
- Investment income
- $3,406
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Occupancy
- $152,274
- Other expenses
- $21,908
- Program services (functional)
- $21,908
Balance sheet and other
- Total assets, start of year
- $304,931
- Total assets, end of year
- $263,972
- Total liabilities, end of year
- $2,439
- Net assets, end of year
- $261,533
- Cash, savings and investments
- $160,778
- Land and buildings
- $103,194
- Gross receipts
- $168,002
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jay Pigue | Commodore | 10 | $0 |
| Asa Hartley | Vice Commodore | 7 | $0 |
| Lori Smith | Secretary | 7 | $0 |
| Jeff Sonsino | Board member | 5 | $0 |
| Kristi Upschurc | Board member | 5 | $0 |
| Matt Steinhauer | Board member | 5 | $0 |
| Tim Parshall | Rear Commodore | 7 | $0 |
| Tom Hines | Treasurer | 10 | $0 |
990-EZ for the year ended March 31, 2025: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Parshall | Commodore | 10 | $0 |
| Jay Pigue | Vice Commodore | 7 | $0 |
| Asa Hartley | Secretary | 7 | $0 |
| Jeff Sonsino | Board member | 5 | $0 |
| Andy Carson | Board member | 5 | $0 |
| Linda Morris | Board member | 5 | $0 |
| Brian Smokler | Rear Commodore | 7 | $0 |
| Tom Hines | Treasurer | 10 | $0 |
990-EZ for the year ended March 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brian Smokler | Commodore | 10 | $0 |
| Tim Parshall | Vice Commodore | 7 | $0 |
| Jay Pigue | Secretary | 7 | $0 |
| Jeff Sonsino | Board member | 5 | $0 |
| Elizabeth Porter | Board member | 5 | $0 |
| Linda Morris | Board member | 5 | $0 |
| Julie Bollinger | Rear Commodore | 7 | $0 |
| Tom Hines | Treasurer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8117, HERMITAGE, TN 37076-8117
- In care of
- % FRED BEESLEY TREAS
- Signed the 990-EZ
- Jay Pigue, Commodore
- Phone
- (615) 812-4909
- Website
- www.hiyc.org
Mission
The purposes of the Club shall be to promote sailing in all its branches; to help promote a code of ethics and safety for the waterways; to provide instruction in boat handling and seamanship; to form a social and activity nucleus for individuals and their families interested in yachting; to develop an active relationship with other sailing organizations; and to foster the Corinthian spirit of good fellowship. The Club will construct and maintain such facilities as are required to accomplish these purposes. The Club is not and shall not be maintained for pecuniary profits.
Program accomplishments
- Competitive, instructional and charitable events for members, other sailing organizations and the middle Tennessee community at large through out the year.Expenses $11,011
- Variety of social and charitable events for members, visiting competitors and the middle Tennessee community at large throughout the year.Expenses $10,897
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-EZ on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-EZ on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-7372614
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $263,972
- Income (IRS master file)
- $168,002
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | March 2026 | $168,002 | $178,182 | $263,972 | XML |
| 990-EZ | March 2025 | $157,753 | $154,518 | $304,931 | XML |
| 990-EZ | March 2024 | $152,072 | $139,236 | $299,039 | XML |
| 990-EZ | March 2023 | – | – | – | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | 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 23-7372614).
Questions about LASER REGATTA SQUADRON
- What is the EIN of LASER REGATTA SQUADRON?
- The employer identification number (EIN) of LASER REGATTA SQUADRON is 23-7372614.
- Is LASER REGATTA SQUADRON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1974.
- Are donations to LASER REGATTA SQUADRON tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LASER REGATTA SQUADRON 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 LASER REGATTA SQUADRON due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LASER REGATTA SQUADRON last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended March 2026.
- Who are the officers and directors of LASER REGATTA SQUADRON?
- The 990-EZ for the year ended March 31, 2026 lists 8 people; 0 received compensation from the organization.
- How much revenue does LASER REGATTA SQUADRON have?
- On its 990-EZ for the year ended March 31, 2026 it reported revenue of $168,002, expenses of $178,182 and total assets of $263,972 at year end.
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