Nonprofit · EIN 59-0636196
COCONUT GROVE SAILING CLUB INC
Tax-exempt · MIAMI, FL 33133
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,068,053 | $3,694,275 | $373,778 | $5,312,924 | $1,659,393 | $3,653,531 |
| June 30, 2024 | 990 | $3,618,631 | $3,542,361 | $76,270 | $4,292,725 | $1,029,450 | $3,263,275 |
| June 30, 2023 | 990 | $3,511,412 | $3,308,881 | $202,531 | $4,339,449 | $1,151,152 | $3,188,297 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,201,012
- Membership dues
- $2,201,012
- Program service revenue
- $862,803
- Investment income
- $165
- Net gain from sales of assets
- -$76
- Net income from sales of inventory
- $984,108
- Other revenue
- $1,004,073
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $231,871
- Other salaries and wages
- $1,103,146
- Salaries, compensation and benefits (total)
- $1,674,662
- Professional fundraising fees
- $0
- Legal fees
- $6,850
- Accounting fees
- $7,900
- Occupancy
- $584,462
- Depreciation
- $170,692
- Program services (functional)
- $1,697,562
- Management and general (functional)
- $1,996,713
Balance sheet and other
- Total assets, start of year
- $4,292,725
- Total assets, end of year
- $5,312,924
- Total liabilities, end of year
- $1,659,393
- Net assets, end of year
- $3,653,531
- Land, buildings and equipment
- $1,461,199
- Gross unrelated business income
- $276,071
- Gross receipts
- $4,534,554
- Employees
- 50
- Volunteers
- 60
- Year formed
- 1972
- State of legal domicile
- FL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LAUREN SIMPSON | GENERAL MANAGER Key employee, Highest-paid employee | 55 | $231,871 | $31,100 |
| KEITH HENRICH | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| PRISKA URBAN | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| WILLIAM SANCHO | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| DOREEN FISCHER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BOB AIKEN | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| OLIVER LAVALETTE | BOARD MAMBER Trustee or director | 1 | $0 | $0 |
| MELISSA SHUFFIELD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES LIEBL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALYN FRUETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACY MORRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BUD PRICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JENNIFER CHENEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM SANTORO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRUCE HUTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD ETKIN | BOARD & PAST COMMODORE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LAUREN SIMPSON | GENERAL MANAGER Key employee, Highest-paid employee | 55 | $102,620 | $22,790 |
| RICHARD ETKIN | COMMODORE Trustee or director, Officer | 2 | $0 | $0 |
| KEITH HEINRICH | VICE COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| PRISKA URBAN | REAR COMMODORE Trustee or director, Officer | 3 | $0 | $0 |
| DOREEN FISCHER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| OLIVIER DELAVALETTE | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| BOB AIKEN | BOARD MAMBER Trustee or director | 1 | $0 | $0 |
| JEFF FLANAGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM SANCHO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALYN FRUETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STCY MORRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BUD PRICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JENNIFER CHENEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM SANTORO | BOARD DMEMBER Trustee or director | 1 | $0 | $0 |
| BRUCE HUTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVE MARTIN | BOARD & PAST COMMODORE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAUREN SIMPSON | GENERAL MANAGER Key employee, Highest-paid employee | 55 | $132,738 |
| DAVE MARTIN | COMMODORE Officer | 2 | $0 |
| RICHARD ETKIN | VICE COMMODORE Officer | 3 | $0 |
| KEITH HENRICH | REAR COMMODORE Officer | 3 | $0 |
| DOREEN FISCHER | SECRETARY Officer | 2 | $0 |
| OLIVIER DELAVALETTE | TREASURER Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 2990 S BAYSHORE DR, MIAMI, FL 33133-6003
- Principal officer (990 for 2024)
- KEITH HENRICH, 2990 S BAYSHORE DR, MIAMI, FL 33133
- Signed the 990
- LAUREN SIMPSON, GENERAL MANAGER
- Phone
- (305) 444-4571
- Website
- WWW.CGSC.ORG
- Return prepared by
- Jacqueline D Greenberg CPA
Mission
TO PROMOTE AN APPRECIATION OF SAILING AND TO PROVIDE FACILITIES, EQUIPMENT, INSTRUCTION AND COMRADESHIP TO ENHANCE MEMBERS INTEREST IN SAILING, AS WELL AS TO INTEREST YOUNG PEOPLE
Program accomplishments
- BOAT STORAGE AND MOORING OPERATIONS, PROMOTE COMRADESHIP ALLOWING MEMBERS TO EXPERIENCE THE PLEASURE OF BOATING WITH OTHER MEMBERSExpenses $706,200 · revenue $695,011
- BAR, FOOD, AND GIFT SHOP OPERATIONS PROMOTE FELLOWSHIP AND COOPERATION AMONG MEMBERS, WHICH ENHANCE THE SOCIAL FUNCTIONExpenses $906,417 · revenue $1,450,533
- SUPPORT PUBLIC REGATTAS AND SEMINARS; SPONSOR LOCAL, NATIONAL AND INTERNATIONAL SAILING REGATTAS TO ENHANCE PUBLIC AWARENESS OF SAILING.Expenses $84,945 · revenue $111,956
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0636196
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,312,924
- Income (IRS master file)
- $4,534,554
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,068,053 | $3,694,275 | $5,312,924 | IRS |
| 990 | June 2024 | $3,618,631 | $3,542,361 | $4,292,725 | IRS |
| 990 | June 2023 | $3,511,412 | $3,308,881 | $4,339,449 | XML |
| 990 | June 2022 | $2,979,003 | $2,471,727 | $4,050,730 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 59-0636196).
Questions about COCONUT GROVE SAILING CLUB INC
- What is the EIN of COCONUT GROVE SAILING CLUB INC?
- The employer identification number (EIN) of COCONUT GROVE SAILING CLUB INC is 59-0636196.
- Is COCONUT GROVE SAILING CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
- Are donations to COCONUT GROVE SAILING CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COCONUT GROVE 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 COCONUT GROVE SAILING CLUB INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COCONUT GROVE SAILING CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COCONUT GROVE SAILING CLUB INC?
- The 990 for the year ended June 30, 2025 names KEITH HENRICH.
- Who are the officers and directors of COCONUT GROVE SAILING CLUB INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $231,871 (LAUREN SIMPSON, GENERAL MANAGER).
- How much revenue does COCONUT GROVE SAILING CLUB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,068,053, expenses of $3,694,275 and total assets of $5,312,924 at year end.
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