Nonprofit · EIN 42-1343833
LAKE MANAWA SAILING ASSOCIATION
Tax-exempt · COUNCIL BLFS, IA 51501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $98,784 | $88,952 | $9,832 | $252,755 | $0 | $252,755 |
| December 31, 2024 | 990-EZ | $96,309 | $101,010 | -$4,701 | $242,923 | $0 | $242,923 |
| December 31, 2023 | 990-EZ | $95,872 | $101,869 | -$5,997 | $241,916 | $395 | $241,521 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $100
- Membership dues
- $30,483
- Program service revenue
- $67,880
- Investment income
- $321
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $17,677
- Salaries, compensation and benefits (total)
- $23,793
- Professional fees and payments to contractors
- $4,244
- Occupancy
- $24,180
- Other expenses
- $36,735
Balance sheet and other
- Total assets, start of year
- $242,923
- Total assets, end of year
- $252,755
- Total liabilities, end of year
- $0
- Net assets, end of year
- $252,755
- Cash, savings and investments
- $40,396
- Gross receipts
- $98,784
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Volenec | Facility Manager | 15 | $17,677 |
| Teresa Silence | President | 5 | $0 |
| Dan Gunn | Director | 0.5 | $0 |
| Phil Lee | Director | 0.5 | $0 |
| Pell Duvall | Director | 0.5 | $0 |
| Patrick Leahy | Director | 0.5 | $0 |
| Annette Leudtke | Secretary | 1 | $0 |
| Mary Dircks | Director | 1 | $0 |
| Paul Brasher | Director | 0.5 | $0 |
| Margaret Scofield | Treasurer | 2 | $0 |
| Mike Recker | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Volenec | Facility Manager | 15 | $17,677 |
| Teresa Silence | President | 5 | $0 |
| Chris Poore | Director | 0.5 | $0 |
| Phil Lee | Director | 0.5 | $0 |
| Pell Duvall | Director | 0.5 | $0 |
| Patrick Leahy | Director | 0.5 | $0 |
| Annette Leudtke | Director | 1 | $0 |
| Mary Dircks | Director | 0.5 | $0 |
| Paul Brasher | Director | 0.5 | $0 |
| Margaret Scofield | Treasurer | 2 | $0 |
| Mike Recker | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Volenec | Facility Manager | 12 | $13,435 |
| Teresa Silence | President | 2 | $0 |
| Chris Poore | Director | 0.1 | $0 |
| Phil Lee | Director | 0.1 | $0 |
| Pell Duvall | Director | 0.1 | $0 |
| Patrick Leahy | Director | 0.1 | $0 |
| Annette Leudtke | Director | 0.2 | $0 |
| Mary Dircks | Director | 0.2 | $0 |
| Paul Brasher | Director | 0.1 | $0 |
| Margaret Scofield | Treasurer | 2 | $0 |
| Mike Recker | Director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 812 COMANCHE ST, COUNCIL BLFS, IA 51501-8700
- In care of
- % F C SCOFIELD
- Mailing address (990-N for 2016)
- 812 Comanche St, Council Bluffs IA 51501
- Principal officer (990-N for 2016)
- Patrick Flood, 10250 Regency Circle Suite 300, Omaha NE 68114
- Signed the 990-EZ
- Margaret Scofield, Treasurer
- Phone
- (712) 256-3832
- Website
- www.sailmanawa.com
Mission
Recreation
Program accomplishments
- Sail boating recreational services, boat parking, sailboat races, sailing school, and use of docks--250 benefited Sailing Education 70 students Social functions: Gatherings, etc. Approximately 250 benefited
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1343833
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $252,755
- Income (IRS master file)
- $98,784
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $98,784 | $88,952 | $252,755 | IRS |
| 990-EZ | December 2024 | $96,309 | $101,010 | $242,923 | XML |
| 990-EZ | December 2023 | $95,872 | $101,869 | $241,916 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2016 Officer: Patrick Flood | December 31, 2016 | ≤ $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 42-1343833).
Questions about LAKE MANAWA SAILING ASSOCIATION
- What is the EIN of LAKE MANAWA SAILING ASSOCIATION?
- The employer identification number (EIN) of LAKE MANAWA SAILING ASSOCIATION is 42-1343833.
- Is LAKE MANAWA SAILING ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2010.
- Are donations to LAKE MANAWA SAILING ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE MANAWA 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 LAKE MANAWA SAILING ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE MANAWA SAILING ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LAKE MANAWA SAILING ASSOCIATION?
- The 990-N for 2016 names Patrick Flood.
- Who are the officers and directors of LAKE MANAWA SAILING ASSOCIATION?
- The 990-EZ for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $17,677 (Matt Volenec, Facility Manager).
- How much revenue does LAKE MANAWA SAILING ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $98,784, expenses of $88,952 and total assets of $252,755 at year end.
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