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Nonprofit · EIN 31-1560191

TWIN CITIES SAILING CLUB

Tax-exempt · MINNEAPOLIS, MN 55419

Financials

$99K$107K2022$86K$86K2023$82K$67K2024
Revenue Expenses · by fiscal year end
Financials of TWIN CITIES SAILING CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$82,011$66,555$15,456$116,538–$116,538
December 31, 2023990-EZ$85,518$85,543-$25$101,516–$101,516
December 31, 2022990-EZ$99,478$106,577-$7,099$101,542–$101,542
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,270
Membership dues
$60,690
Program service revenue
$20,535
Investment income
$295
Net gain from sales of assets
-$837
Net income from fundraising events
$58

Expenses

Grants and similar amounts paid
$1,000
Compensation of officers, directors and key employees
$0
Other expenses
$65,555
Program services (functional)
$59,014

Balance sheet and other

Total assets, start of year
$101,516
Total assets, end of year
$116,538
Total liabilities, end of year
–
Net assets, end of year
$116,538
Cash, savings and investments
$59,749
Gross receipts
$83,576

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
AMY WELLECOMMODORE1$0
REED MITCHELLVICE COMMODO1$0
BETH KALINREAR COMMODO1$0
ELLEN KLINGNERSECRETARY1$0
PETER MUELLERMEMBER1$0
ASLI ISKECELIMEMBER1$0
ALEX CORBISHLEYHEAD INSTRUC1$0
CYTHIA FROSTASST HEAD IN1$0
JEFF WRIGHTTECH COORDIN1$0
JANE SCHWABSHORE TEAM C1$0
RICH GROSSRACING COORD1$0
JENEL FARRELLSOCIAL COORD1$0
WHIT FORRESTCOMMUNICATIO1$0
ALAN ENGLERB.A.D. COORD1$0
WALTON STANLEYSLOOP FLEET1$0
7 more people on this return
NameTitleHours / weekCompensation
IMANTS PONESMC FLEET CO-1$0
BRUCE BRUEMMERMC FLEET CO-1$0
KATY INDVIKSHED CAPTAIN1$0
ALEX CORBISHLEYFTA COORDINA1$0
BJORN GOWDY-JAEHNIGOFFICER AT L1$0
MARK MCCAUGHEYOFFICER AT L1$0
NATALIE MALMINTREASURER1$0
990-EZ for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
BETH KALINCOMMODORE1$0
AMY WELLEVICE COMMODO1$0
JOSE AYALAREAR COMMODO1$0
ELLEN KLINGNERSECRETARY1$0
PETER MUELLERTREASURER1$0
WALTON STANLEYSLOOP FLEET1$0
JOHN BERGAUXILIARY FL1$0
ALAN ENGLERB.A.D. COORD1$0
MARTY MOYLANCOMMUNICATIO1$0
ADAM HERZBERGHEAD INSTRUC1$0
ALEX CORBISHLEYASST HEAD IN1$0
JEFF WRIGHTTECH COORDIN1$0
JANE SCHWABSHORE TEAM C1$0
REED MITCHELLSOCIAL COORD1$0
CHRISTINE MEONINEW MEMBER C1$0
IMANTS PONEMC FLEET CO-1$0
LAURA SILVERMC FLEET CO-1$0
JOE GARCIARACING COORD1$0
KATY INDVIKSHED CAPTAIN1$0
ALEX RODICHFTA COORDINA1$0
WHIT FORRESTOFFICER-AT-L1$0
STACH LARSONOFFICER-AT-L1$0
990-EZ for the year ended December 31, 2022: 19 people
NameTitleHours / weekCompensation
PAUL CLAUSENREAR COMMODO1$0
JOSE AYALACOMMODORE1$0
RICHARD ZARNOCHTREASURER1$0
WALTON STANLEYFLEET CAPTAI1$0
DAVID SMITHHEAD INSTRUC1$0
JOHN BERGMC FLEET CAP1$0
CYNTHIA CALLANANRACING COORD1$0
JIM BRANDTSECRETARY1$0
DAVID SWIERENGASHED CAPTIAN1$0
ALAN ENGLERB.A.D. COORD1$0
LLOYD DALTONTECH COORDIN1$0
BETH KALINVICE COMMODO1$0
PAT MCFARLANECOMMUNICATIO1$0
ADAM HERZBERGASSISTANT IN1$0
JANE SCHWABTEAM COORDIN1$0
HILDA O'HANLEYSOCIAL COORD1$0
CHRISTINE MEONINEW MEMBER C1$0
JOE GARCIAOFFICER-AT-L1$0
WHIT FORRESTOFFICER-AT-L1$0

Address and contacts

Address (IRS master file)
PO BOX 19465, MINNEAPOLIS, MN 55419-0465
Mailing address (990-N for 2010)
2751 Hennepin Ave S PMB 33, Minneapolis MN 55440
Principal officer (990-N for 2010)
Twin Cities Sailing Club, 2751 Hennepin Ave S PMB 33, Minneapolis MN 55440
Signed the 990-EZ
NATALIE MALMIN, TREASURER
Phone
(612) 210-5756
Return prepared by
LETHERT SKWIRA SCHULTZ & CO LLP

Mission

TO PROVIDE A COMMUNITY DEDICATED TO LEARNING AND TEACHING THE ART OF SAILING TO ADULTS IN MINNEAPOLIS AND ST. PAUL.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 220 MEMBERS HAD ACCESS TO THE CLUB'S FLEET OF 19 SAILBOATS FOR TRAINING AND RECREATIONAL USE. OVER 45 ON-THE-WATER SAILING INSTRUCTION SESSIONS WERE HELD DURING THE SAILING SEASON. IN ADDITION, THERE WAS A MULTI-DAY CLASSROOM INSTRUCTION PROGRAM FOR THE SAILBOAT RACING PROGRAM. 60 NEW MEMBERS FROM THE GENERAL PUBLIC WERE ADMITTED TO THE CLUB VIA A RANDOM SELECTION PROCESS DUE TO HIGH DEMAND FOR THE LIMITED SLOTS AVAILABLE. THE CLUB ACCEPTS ADULT MEMBERS WITH ALL LEVELS OF SAILING EXPERIENCE.
    Expenses $44,919
  • GROUP SAILING TRIP PROVIDING TRAINING AND EXPERIENCE ON LARGE CRUSING KEELBOATS WAS ARRANGED AND COMPLETED TO THE APOSTLE ISLANDS DURING 2024
    Expenses $14,095

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, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
31-1560191
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$116,538
Income (IRS master file)
$83,576

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$82,011$66,555$116,538XML
990-EZDecember 2023$85,518$85,543$101,516XML
990-EZDecember 2022$99,478$106,577$101,542XML
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2010
Officer: Twin Cities Sailing Club
November 30, 2011≤ $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 31-1560191).

Questions about TWIN CITIES SAILING CLUB

What is the EIN of TWIN CITIES SAILING CLUB?
The employer identification number (EIN) of TWIN CITIES SAILING CLUB is 31-1560191.
Is TWIN CITIES SAILING CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to TWIN CITIES SAILING CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TWIN CITIES 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 TWIN CITIES SAILING CLUB 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 TWIN CITIES SAILING CLUB last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of TWIN CITIES SAILING CLUB?
The 990-N for 2010 names Twin Cities Sailing Club.
Who are the officers and directors of TWIN CITIES SAILING CLUB?
The 990-EZ for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
How much revenue does TWIN CITIES SAILING CLUB have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $82,011, expenses of $66,555 and total assets of $116,538 at year end.

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