Nonprofit · EIN 27-1672866
PARK CITY SAILING ASSOCIATION
Tax-exempt (reinstated) · PARK CITY, UT 84098
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $540,148 | $475,606 | $64,542 | $564,786 | $38 | $564,748 |
| December 31, 2023 | 990 | $582,220 | $391,965 | $190,255 | $500,243 | $37 | $500,206 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,059
- Membership dues
- $26,554
- Program service revenue
- $408,686
- Investment income
- $2,403
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $233,483
- Salaries, compensation and benefits (total)
- $251,879
- Professional fundraising fees
- $0
- Accounting fees
- $1,097
- Depreciation
- $52,710
- Program services (functional)
- $319,213
- Management and general (functional)
- $146,433
- Fundraising (functional)
- $9,960
Balance sheet and other
- Total assets, start of year
- $500,243
- Total assets, end of year
- $564,786
- Total liabilities, end of year
- $38
- Net assets, end of year
- $564,748
- Land, buildings and equipment
- $148,075
- Net assets without donor restrictions
- $564,748
- Gross receipts
- $540,148
- Employees
- 28
- Volunteers
- 158
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID RENNIE | MEMBER-AT-LARGE Trustee or director | 10 | $0 |
| GEOFF HURWITCH | MEMBER-AT-LARGE Trustee or director | 10 | $0 |
| LUCY KAMMER | MEMBER-AT-LARGE Trustee or director | 10 | $0 |
| BUSTER PIKE | President Trustee or director, Officer | 10 | $0 |
| BILL RUSCONI | Secretary Trustee or director, Officer | 10 | $0 |
| JR DETHORN | Treasurer Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID RENNIE | MEMBER-AT-LARGE Trustee or director | 10 | $0 |
| GEOFF HURWITCH | MEMBER-AT-LARGE Trustee or director | 10 | $0 |
| LUCY KAMMER | MEMBER-AT-LARGE Trustee or director | 10 | $0 |
| BUSTER PIKE | President Trustee or director, Officer | 10 | $0 |
| BILL RUSCONI | Secretary Trustee or director, Officer | 10 | $0 |
| JR DETHORN | Treasurer Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 981236, PARK CITY, UT 84098-1236
- In care of
- % CLAUDIO BRASCA
- Principal officer (990 for 2024)
- BILL RUSCONI, PO BOX 981236, PARK CITY, UT 84098
- Signed the 990
- JR DETHORN, Treasurer
- Phone
- (435) 631-2202
- Website
- WWW.SAILPARKCITY.ORG
- Return prepared by
- White & Associates LLC
Mission
Educational/Charitable - Promote Sailing
Program accomplishments
- Educational/Charitable - promote sailing racing: Conducted racing program during summer, including 24 Tuesday night races and a 29-boat sanctioned championship junior program: conducted a junior sailing program with 253 children in attendance. Taught sailing skills, safety, weather and team work adult programs: provided adult sailing instruction and family sailing on a J22 boat.Expenses $319,213 · revenue $540,148
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 | Not 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
- 27-1672866
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $564,786
- Income (IRS master file)
- $540,148
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- August 8, 2022
- Reinstated
- Effective May 15, 2022
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 | December 2024 | $540,148 | $475,606 | $564,786 | XML |
| 990 | December 2023 | $582,220 | $391,965 | $500,243 | XML |
| 990 | December 2022 | $406,296 | $419,432 | $310,582 | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 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 27-1672866).
Questions about PARK CITY SAILING ASSOCIATION
- What is the EIN of PARK CITY SAILING ASSOCIATION?
- The employer identification number (EIN) of PARK CITY SAILING ASSOCIATION is 27-1672866.
- Is PARK CITY SAILING ASSOCIATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to PARK CITY SAILING ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PARK CITY SAILING ASSOCIATION 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 PARK CITY SAILING ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARK CITY SAILING ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PARK CITY SAILING ASSOCIATION?
- The 990 for the year ended December 31, 2024 names BILL RUSCONI.
- Who are the officers and directors of PARK CITY SAILING ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does PARK CITY SAILING ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $540,148, expenses of $475,606 and total assets of $564,786 at year end.
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