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Nonprofit · EIN 58-0974508

LAKE LANIER SAILING CLUB INC

Tax-exempt · FLOWERY BR, GA 30542

Financials

$816K$569K2023$887K$570K2024
Revenue Expenses · by fiscal year end
Financials of LAKE LANIER SAILING CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$886,719$569,879$316,840$1,881,891$6,100$1,875,791
December 31, 2023990$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.

NameTitleHours / weekCompensation
SCOTT BEANGOVERNOR
Trustee or director
2$0
STEVE BURKEGOVERNOR
Trustee or director
2$0
JACKIE CATTANACHTREASURER
Trustee or director, Officer
10$0
WARREN COLLIERCOMMODORE
Trustee or director, Officer
10$0
ANNE HOWARDGOVERNOR
Trustee or director
2$0
PETER KOWOLSKIGOVERNOR
Trustee or director
2$0
MIKE KRANTZGOVERNOR
Trustee or director
2$0
AMY LARKINPAST COMMODO
Trustee or director
2$0
ANN MAJORSECRETARY
Trustee or director, Officer
10$0
BRENT MCKENZIEREAR COMMODO
Trustee or director, Officer
5$0
RICK PROFFITTGOVERNOR
Trustee or director
2$0
RICK PROFITTGOVERNOR
Trustee or director
2$0
WILL SHIRLEYGOVERNOR
Trustee or director
2$0
DANA STEWARTVICE COMMODO
Trustee or director, Officer
10$0
WILL THRANGOVERNOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
SCOTT BEANGOVERNOR
Trustee or director
–$0
WILLIAM HARSHMANTREASURER
Trustee or director, Officer
–$0
PETER KOWLASKIGOVERNOR
Trustee or director
–$0
AMY LARKINCOMMODORE
Trustee or director, Officer
–$0
BILL OVERENDGOVERNOR
Trustee or director
–$0
BRIAN PICKERINGGOVERNOR
Trustee or director
–$0
RICK PROFFITTGOVERNOR
Trustee or director
–$0
JIM RAPPGOVERNOR
Trustee or director
–$0
CAROL REDDAWAYPAST COMMODO
Trustee or director
–$0
STEFAN SCHULTZVICE COMMODO
Trustee or director, Officer
–$0
TONY STANLEYGOVERNOR
Trustee or director
–$0
DANA STEWARTSECRETARY
Trustee or director, Officer
–$0
JONATHAN STEWARTREAR COMMODO
Trustee or director, Officer
–$0
WILL THRANGOVERNOR
Trustee or director
–$0
GARY UMBERGERHISTORIAN
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
Return prepared by
AGL CPA GROUP LLC

Mission

TO SUPPORT THE SPORT OF SAILING THROUGH EDUCATION, TRAINING, RACING AND OTHER SAILING RELATED ACTIVITIES.

990 for the year ended December 31, 2024

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 AMOUNT
    Expenses $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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$886,719$569,879$1,881,891XML
990December 2023$815,792$569,192$1,523,747IRS
990December 2022$548,559$524,992$1,315,127IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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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