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Nonprofit · EIN 34-0348425

LAKESIDE YACHT CLUB INC

Tax-exempt · CLEVELAND, OH 44114

Financials

$1.7M$1.3M2022$1.7M$1.3M2023$1.7M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of LAKESIDE YACHT CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$1,691,480$1,302,703$388,777$5,441,623$730,552$4,711,071
October 31, 2024990$1,719,308$1,269,279$450,029$5,107,285$784,991$4,322,294
October 31, 2023990$1,701,575$1,336,591$364,984$4,809,285$937,020$3,872,265
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,474,345
Investment income
$50,444
Net rental income
-$7,760
Net gain from sales of assets
-$2,306
Net income from sales of inventory
$174,451
Other revenue
$166,691

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$149,086
Other salaries and wages
$82,080
Salaries, compensation and benefits (total)
$332,404
Professional fundraising fees
$0
Accounting fees
$16,300
Occupancy
$403,546
Travel
$3,533
Depreciation
$236,192

Balance sheet and other

Total assets, start of year
$5,107,285
Total assets, end of year
$5,441,623
Total liabilities, end of year
$730,552
Net assets, end of year
$4,711,071
Land, buildings and equipment
$2,960,699
Net assets without donor restrictions
$4,711,071
Gross unrelated business income
-$7,760
Gross receipts
$2,548,919
Employees
63
Volunteers
16
Year formed
1930
State of legal domicile
OH

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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LARRY ORLOWSKIGENERAL MANAGER
Officer
60$149,086$17,697
ROB RUHLMANCOMMODORE
Trustee or director, Officer
1$0$0
MIKE CUNNINGHAMVICE COMMODORE
Trustee or director, Officer
1$0$0
ADAM RESSLERREAR COMMODORE
Trustee or director, Officer
1$0$0
GREG VITTARDIFLEET CAPTAIN
Trustee or director, Officer
3$0$0
PAUL CIEPIELFLEET SURGEON
Trustee or director, Officer
1$0$0
DAVID HUNTTREASURER
Trustee or director, Officer
5$0$0
JIM KUBIKSECRETARY
Trustee or director, Officer
1$0$0
JAMIE BEVINSPAST COMMODORE
Trustee or director, Officer
3$0$0
BRYAN MCPHAILTRUSTEE
Trustee or director
1$0$0
BUTCH BATESTRUSTEE
Trustee or director
1$0$0
DAN LOVINGERTRUSTEE
Trustee or director
1$0$0
DAN LYDEYTRUSTEE
Trustee or director
1$0$0
KEN CERIMELETRUSTEE
Trustee or director
1$0$0
MARC GAROFOLITRUSTEE
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
ANTHONY ZARLINGATRUSTEE
Trustee or director
1$0
DOMINIC MIHALIKTRUSTEE
Trustee or director
1$0
990 for the year ended October 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
LARRY ORLOWSKIGENERAL MANAGER
Officer
40$117,349$17,655
JAMIE BEVINSCOMMODORE
Trustee or director, Officer
3$0$0
EMORY WOLFREAR COMMODORE
Trustee or director, Officer
1$0$0
ROB RUHLMANVICE COMMODORE
Trustee or director, Officer
1$0$0
ADAM RESSLERFLEET SURGEON
Trustee or director, Officer
1$0$0
GREG VITTARDIFLEET CAPTAIN
Trustee or director, Officer
3$0$0
SHANE BONOMINISECRETARY
Trustee or director, Officer
1$0$0
DAVID HUNTTREASURER
Trustee or director, Officer
5$0$0
BUTCH BATESTRUSTEE
Trustee or director
1$0$0
DAN LOVINGERTRUSTEE
Trustee or director
1$0$0
DOMINIC MIHALIKTRUSTEE
Trustee or director
1$0$0
MIKE CUNNINGHAMTRUSTEE
Trustee or director
1$0$0
ANTHONY ZARLINGATRUSTEE
Trustee or director
1$0$0
JP PROLOGOTRUSTEE
Trustee or director
1$0$0
BRYAN MCPHAILTRUSTEE
Trustee or director
1$0$0
KEN CERIMELETRUSTEE
Trustee or director
1$0$0
990 for the year ended October 31, 2023: 13 people
NameTitleHours / weekCompensation
BUTCH BATESTRUSTEE
Trustee or director
1$0
DAVID HUNTTREASURER
Trustee or director, Officer
5$0
SHANE BONOMINISECRETARY
Trustee or director, Officer
1$0
MIKE CUNNINGHAMTRUSTEE
Trustee or director
1$0
ANTHONY ZARLINGATRUSTEE
Trustee or director
1$0
JP PROLOGOTRUSTEE
Trustee or director
1$0
BRYAN MCPHAILTRUSTEE
Trustee or director
1$0
KEN CERIMELETRUSTEE
Trustee or director
1$0
ADAM RESSLERFLEET SURGEON
Officer
1$0
GREG VITTARDIFLEET CAPTAIN
Officer
3$0
EMORY WOLFREAR COMMODORE
Officer
1$0
JAMIE BEVINSCOMMODORE
Officer
3$0
ROB RUHLMANVICE COMMODORE
Officer
1$0

Address and contacts

Address (IRS master file)
4851 N MARGINAL RD, CLEVELAND, OH 44114-3833
Principal officer (990 for 2024)
MICHAEL MITRO, 4851 N MARGINAL ROAD, CLEVELAND, OH 44114
Signed the 990
MICHAEL MITRO, TREASURER
Phone
(216) 432-3270
Return prepared by
REA & ASSOCIATES INC

Mission

PROVIDE PREMIER YACHT CLUB FACILITIES AND SERVICES TO MEMBERS.

990 for the year ended October 31, 2025

Program accomplishments

  • PROVIDED FACILITIES AND SERVICES FOR MEMBERS TO PARTICIPATE IN YACHTING, SAILING, BOATING, AND OTHER WATERSPORT 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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file

IRS record

EIN
34-0348425
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1941
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,441,623
Income (IRS master file)
$2,548,919

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$1,691,480$1,302,703$5,441,623XML
990October 2024$1,719,308$1,269,279$5,107,285XML
990October 2023$1,701,575$1,336,591$4,809,285XML
990October 2022$1,660,708$1,207,322$4,453,504IRS
990October 2021–––IRS
990October 2020–––IRS
990October 2019–––IRS
990October 2018–––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 34-0348425).

Questions about LAKESIDE YACHT CLUB INC

What is the EIN of LAKESIDE YACHT CLUB INC?
The employer identification number (EIN) of LAKESIDE YACHT CLUB INC is 34-0348425.
Is LAKESIDE YACHT CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1941.
Are donations to LAKESIDE YACHT CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKESIDE YACHT CLUB INC 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 LAKESIDE YACHT CLUB INC due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKESIDE YACHT CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of LAKESIDE YACHT CLUB INC?
The 990 for the year ended October 31, 2025 names MICHAEL MITRO.
Who are the officers and directors of LAKESIDE YACHT CLUB INC?
The 990 for the year ended October 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $149,086 (LARRY ORLOWSKI, GENERAL MANAGER).
How much revenue does LAKESIDE YACHT CLUB INC have?
On its 990 for the year ended October 31, 2025 it reported revenue of $1,691,480, expenses of $1,302,703 and total assets of $5,441,623 at year end.

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