Nonprofit · EIN 52-0739274
SEVERN SAILING ASSOCIATION INC
Tax-exempt · ANNAPOLIS, MD 21403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,243,809 | $1,072,228 | $171,581 | $3,631,362 | $947,956 | $2,683,406 |
| September 30, 2024 | 990 | $1,228,208 | $1,097,873 | $130,335 | $3,509,202 | $997,377 | $2,511,825 |
| September 30, 2023 | 990 | $1,119,367 | $895,173 | $224,194 | $3,411,211 | $1,029,721 | $2,381,490 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,165,812
- Investment income
- $48,457
- Net income from fundraising events
- $9,728
- Net income from sales of inventory
- $19,812
- Other revenue
- $29,540
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $429,154
- Salaries, compensation and benefits (total)
- $465,173
- Professional fundraising fees
- $0
- Accounting fees
- $2,239
- Depreciation
- $130,646
Balance sheet and other
- Total assets, start of year
- $3,509,202
- Total assets, end of year
- $3,631,362
- Total liabilities, end of year
- $947,956
- Net assets, end of year
- $2,683,406
- Land, buildings and equipment
- $1,533,061
- Gross unrelated business income
- $96,812
- Gross receipts
- $1,286,903
- Employees
- 35
- Volunteers
- 301
- Year formed
- 1954
- State of legal domicile
- MD
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL KRAFFT | COMMODORE Trustee or director, Officer | 2 | $0 |
| LISA PLINE | VICE COMMODORE Trustee or director, Officer | 2 | $0 |
| ROBIN RICHARDS | REAR COMMODORE Trustee or director, Officer | 2 | $0 |
| MATT WHITE | SAILING COMMITTEE Trustee or director, Officer | 2 | $0 |
| DEVON FEUSAHRENS | SECRETARY Trustee or director, Officer | 2 | $0 |
| LIONEL PHILLIPS | TREASURER Trustee or director, Officer | 2 | $0 |
| JIMMY PRALEY | MEMBER AT LARGE Trustee or director | 2 | $0 |
| MIKE COE | MEMBER AT LARGE Trustee or director | 2 | $0 |
| CHRIS RYAN | MEMBER AT LARGE Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL KRAFFT | COMMODORE Officer | 2 | $0 |
| LISA PLINE | VICE COMMODORE Officer | 2 | $0 |
| ERIC REINKE | REAR COMMODORE Officer | 2 | $0 |
| MATT WHITE | FLEET CAPTAIN Officer | 2 | $0 |
| DEVON FEUSAHRENS | SECRETARY Officer | 2 | $0 |
| LIONEL PHILLIPS | TREASURER Officer | 2 | $0 |
| JIMMY PRALEY | MEMBER AT LARGE Officer | 2 | $0 |
| ROBIN RICHARDS | MEMBER AT LARGE Officer | 2 | $0 |
| CHRIS RYAN | MEMBER AT LARGE Officer | 2 | $0 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL KRAFT | COMMODORE Officer | 2 | $0 |
| LISA PLINE | VICE COMMODORE Officer | 2 | $0 |
| TOM SHAW | FLEET CAPTAIN Officer | 2 | $0 |
| MIKE COLBERT | SECRETARY Officer | 2 | $0 |
| LIONEL PHILLIPS | TREASURER Officer | 2 | $0 |
| JOHN WHITE | MEMBER AT LARGE Officer | 2 | $0 |
| PAM CORWIN | MEMBER AT LARGE Officer | 2 | $0 |
| DEVON FEUSAHRENS | MEMBER AT LARGE Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 311 FIRST ST, ANNAPOLIS, MD 21403-2604
- Principal officer (990 for 2024)
- LIONEL J PHILLIPS, 311 FIRST STREET, ANNAPOLIS, MD 21403
- Signed the 990
- LIONEL J PHILLIPS, TREASURER
- Phone
- (410) 268-8744
- Website
- WWW.SEVERNSAILING.ORG
- Return prepared by
- Alta CPA Group
Mission
NON-PROFIT OPERATION OF YACHT AND SAILING CLUB
Program accomplishments
- OPERATION OF A YACHT AND SAILING CLUB
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 52-0739274
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67Z)
- Assets (IRS master file)
- $3,631,362
- Income (IRS master file)
- $1,286,903
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,243,809 | $1,072,228 | $3,631,362 | IRS |
| 990 | September 2024 | $1,228,208 | $1,097,873 | $3,509,202 | XML |
| 990 | September 2023 | $1,119,367 | $895,173 | $3,411,211 | XML |
| 990 | September 2022 | $970,520 | $741,490 | $2,596,008 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 52-0739274).
Questions about SEVERN SAILING ASSOCIATION INC
- What is the EIN of SEVERN SAILING ASSOCIATION INC?
- The employer identification number (EIN) of SEVERN SAILING ASSOCIATION INC is 52-0739274.
- Is SEVERN SAILING ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1971.
- Are donations to SEVERN SAILING ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SEVERN SAILING ASSOCIATION 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 SEVERN SAILING ASSOCIATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEVERN SAILING ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SEVERN SAILING ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 names LIONEL J PHILLIPS.
- Who are the officers and directors of SEVERN SAILING ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does SEVERN SAILING ASSOCIATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,243,809, expenses of $1,072,228 and total assets of $3,631,362 at year end.
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