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Nonprofit · EIN 38-6039329

PAW PAW LAKE YACHT CLUB

Tax-exempt · COLOMA, MI 49038

Financials

$125K$109K2023$166K$103K2024
Revenue Expenses · by fiscal year end
Financials of PAW PAW LAKE YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$166,075$103,432$62,643$535,148$500$534,648
December 31, 2023990$125,003$108,806$16,197$476,555$4,550$472,005
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$97,172
Investment income
$0
Net income from sales of inventory
$52,603
Other revenue
$68,903

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,043
Occupancy
$68,013
Depreciation
$15,134

Balance sheet and other

Total assets, start of year
$476,555
Total assets, end of year
$535,148
Total liabilities, end of year
$500
Net assets, end of year
$534,648
Land, buildings and equipment
$422,750
Gross receipts
$282,223
Employees
0
Volunteers
25
Year formed
1955
State of legal domicile
MI

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.

NameTitleHours / weekCompensation
LANE BLATCHFORDREAR COMMODO
Officer
–$0
GINA CARUSOVICE COMMODO
Officer
–$0
PHILLIP KAUFMANCURRENT TREA
Officer
–$0
COLLEEN RIORDANPAST COMMODO
Officer
–$0
JOANNE RUSHSECRETARY
Officer
–$0
TIM SHEEHANCOMMODORE
Officer
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MARK DECKERTPAST TREASUR
Officer
–$0
RON EBERHARTPAST COMMODO
Officer
–$0
PHILLIP KAUFMANCURRENT TREA
Officer
–$0
KEVIN MARKSREAR COMMODO
Officer
–$0
COLLEEN RIORDANCOMMODORE
Officer
–$0
JOANNE RUSHSECRETARY
Officer
–$0
TIM SHEEHANVICE COMMODO
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 44, COLOMA, MI 49038-0044
Principal officer (990 for 2024)
TIM SHEEHAN, 1235 LOCALS STREET, SUMMERVILLE, SC 29485
Signed the 990
PHILLIP KAUFMAN, CURRENT TREASURER
Phone
(269) 468-6300
Return prepared by
DWC CPAS LLC

Mission

TO PROMOTE THE PARTICIPATION AND ENJOYMENT OF YACHTING, BOTH POWER AND SAIL.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROMOTE SAFETY IN BOATING.

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-6039329
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1951
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$535,148
Income (IRS master file)
$282,223

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$166,075$103,432$535,148XML
990December 2023$125,003$108,806$476,555XML
990December 2022$131,980$88,681$459,508IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 38-6039329).

Questions about PAW PAW LAKE YACHT CLUB

What is the EIN of PAW PAW LAKE YACHT CLUB?
The employer identification number (EIN) of PAW PAW LAKE YACHT CLUB is 38-6039329.
Is PAW PAW LAKE YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1951.
Are donations to PAW PAW LAKE YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PAW PAW LAKE 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 PAW PAW LAKE YACHT 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 PAW PAW LAKE YACHT CLUB 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 PAW PAW LAKE YACHT CLUB?
The 990 for the year ended December 31, 2024 names TIM SHEEHAN.
Who are the officers and directors of PAW PAW LAKE YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does PAW PAW LAKE YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $166,075, expenses of $103,432 and total assets of $535,148 at year end.

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