Nonprofit · EIN 58-0974508
LAKE LANIER SAILING CLUB INC
Tax-exempt · FLOWERY BR, GA 30542
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $886,719 | $569,879 | $316,840 | $1,881,891 | $6,100 | $1,875,791 |
| December 31, 2023 | 990 | $815,792 | $569,192 | $246,600 | $1,523,747 | $4,179 | $1,519,568 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $415,824
- Membership dues
- $415,824
- Program service revenue
- $405,303
- Investment income
- $27,133
- Other revenue
- $38,459
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $115,072
- Other salaries and wages
- $43,359
- Salaries, compensation and benefits (total)
- $46,728
- Professional fundraising fees
- $0
- Depreciation
- $49,200
- Program services (functional)
- $519,685
- Management and general (functional)
- $50,194
Balance sheet and other
- Total assets, start of year
- $1,523,747
- Total assets, end of year
- $1,881,891
- Total liabilities, end of year
- $6,100
- Net assets, end of year
- $1,875,791
- Land, buildings and equipment
- $226,673
- Gross unrelated business income
- $27,133
- Gross receipts
- $886,719
- Employees
- 1
- Volunteers
- 240
- Year formed
- 1959
- State of legal domicile
- GA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT BEAN | GOVERNOR Trustee or director | 2 | $0 |
| STEVE BURKE | GOVERNOR Trustee or director | 2 | $0 |
| JACKIE CATTANACH | TREASURER Trustee or director, Officer | 10 | $0 |
| WARREN COLLIER | COMMODORE Trustee or director, Officer | 10 | $0 |
| ANNE HOWARD | GOVERNOR Trustee or director | 2 | $0 |
| PETER KOWOLSKI | GOVERNOR Trustee or director | 2 | $0 |
| MIKE KRANTZ | GOVERNOR Trustee or director | 2 | $0 |
| AMY LARKIN | PAST COMMODO Trustee or director | 2 | $0 |
| ANN MAJOR | SECRETARY Trustee or director, Officer | 10 | $0 |
| BRENT MCKENZIE | REAR COMMODO Trustee or director, Officer | 5 | $0 |
| RICK PROFFITT | GOVERNOR Trustee or director | 2 | $0 |
| RICK PROFITT | GOVERNOR Trustee or director | 2 | $0 |
| WILL SHIRLEY | GOVERNOR Trustee or director | 2 | $0 |
| DANA STEWART | VICE COMMODO Trustee or director, Officer | 10 | $0 |
| WILL THRAN | GOVERNOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT BEAN | GOVERNOR Trustee or director | – | $0 |
| WILLIAM HARSHMAN | TREASURER Trustee or director, Officer | – | $0 |
| PETER KOWLASKI | GOVERNOR Trustee or director | – | $0 |
| AMY LARKIN | COMMODORE Trustee or director, Officer | – | $0 |
| BILL OVEREND | GOVERNOR Trustee or director | – | $0 |
| BRIAN PICKERING | GOVERNOR Trustee or director | – | $0 |
| RICK PROFFITT | GOVERNOR Trustee or director | – | $0 |
| JIM RAPP | GOVERNOR Trustee or director | – | $0 |
| CAROL REDDAWAY | PAST COMMODO Trustee or director | – | $0 |
| STEFAN SCHULTZ | VICE COMMODO Trustee or director, Officer | – | $0 |
| TONY STANLEY | GOVERNOR Trustee or director | – | $0 |
| DANA STEWART | SECRETARY Trustee or director, Officer | – | $0 |
| JONATHAN STEWART | REAR COMMODO Trustee or director, Officer | – | $0 |
| WILL THRAN | GOVERNOR Trustee or director | – | $0 |
| GARY UMBERGER | HISTORIAN Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 6206 COMMODORE DR, FLOWERY BR, GA 30542-2563
- In care of
- % KURT STADELE
- Principal officer (990 for 2024)
- WARREN COLLIER, 6206 COMMODORE DRIVE, FLOWERY BRANCH, GA 30542
- Signed the 990
- JACKIE CATTANACH, TREASURER
- Phone
- (404) 274-9390
- Website
- WWW.LLSC.COM
- Return prepared by
- AGL CPA GROUP LLC
Mission
TO SUPPORT THE SPORT OF SAILING THROUGH EDUCATION, TRAINING, RACING AND OTHER SAILING RELATED ACTIVITIES.
Program accomplishments
- THE CLUB PUT ON FIVE MULTI-FLEET REGATTAS AND SUPPORTED NUMEROUS SEPARATE ONE-DESIGN FLEET REGATTAS AND SEVERAL PERFORMANCE HANDICAP RACING SERIES IN FURTHERANCE OF ITS RACING PROGRAMS DURING THE YEAR.Expenses $38,346
- THE CLUB SUPPORTED JUNIOR SAILING AND TRAINING PROGRAMS BY ASSISTING THE JUNIOR PROGRAM WITH FACILITIES AND PERSONNEL SUPPORT FOR THREE FULL WEEKS OF JUNIOR SAILING TRAINING PROGRAMS, NUMEROUS DAYS OF JUNIOR TRAINING AND SEVERAL JUNIOR REGATTAS THROUGHOUT THE YEAR. ADDITIONALLY, THE CLUB PROVIDED SEVERAL GRANTS TO THE JUNIOR PROGRAM DURING THE YEAR.Expenses $70,898
- THE CLUB HOSTED SEVERAL SOCIAL EVENTS FOR ITS MEMBERS DURING THE YEAR TO FOSTER THE CONTINUED SAILING RACING AND TRAINING PROGRAMS.Expenses $5,828
- CALCULATED AMOUNTExpenses $404,613
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-0974508
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1962
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,881,891
- Income (IRS master file)
- $886,719
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $886,719 | $569,879 | $1,881,891 | XML |
| 990 | December 2023 | $815,792 | $569,192 | $1,523,747 | IRS |
| 990 | December 2022 | $548,559 | $524,992 | $1,315,127 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 58-0974508).
Questions about LAKE LANIER SAILING CLUB INC
- What is the EIN of LAKE LANIER SAILING CLUB INC?
- The employer identification number (EIN) of LAKE LANIER SAILING CLUB INC is 58-0974508.
- Is LAKE LANIER SAILING CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1962.
- Are donations to LAKE LANIER SAILING CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE LANIER SAILING 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 LAKE LANIER SAILING CLUB INC 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 LAKE LANIER SAILING CLUB INC 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 LAKE LANIER SAILING CLUB INC?
- The 990 for the year ended December 31, 2024 names WARREN COLLIER.
- Who are the officers and directors of LAKE LANIER SAILING CLUB INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does LAKE LANIER SAILING CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $886,719, expenses of $569,879 and total assets of $1,881,891 at year end.
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