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Nonprofit · EIN 59-2766476

WATER SPORTS INDUSTRY ASSOCIATION INC

Tax-exempt · ORLANDO, FL 32806

Financials

$1.8M$1.6M2023$1.4M$1.8M2024$2.1M$1.9M2025
Revenue Expenses · by fiscal year end
Financials of WATER SPORTS INDUSTRY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,067,392$1,903,584$163,808$1,040,128$16,704$1,023,424
December 31, 2024990$1,372,545$1,755,121-$382,576$869,564$8,657$860,907
December 31, 2023990$1,796,890$1,559,235$237,655$1,246,934$3,451$1,243,483
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$140
Program service revenue
$2,001,810
Investment income
$25,205
Net income from sales of inventory
$40,237
Other revenue
$40,237

Expenses

Grants and similar amounts paid
$129,500
Compensation of officers, directors and key employees
$356,736
Other salaries and wages
$129,879
Salaries, compensation and benefits (total)
$531,249
Professional fundraising fees
$0
Legal fees
$66,875
Accounting fees
$9,274
Occupancy
$17,171
Travel
$108,429
Depreciation
$432

Balance sheet and other

Total assets, start of year
$869,564
Total assets, end of year
$1,040,128
Total liabilities, end of year
$16,704
Net assets, end of year
$1,023,424
Land, buildings and equipment
$307
Net assets without donor restrictions
$1,023,424
Gross receipts
$2,082,155
Employees
3
Volunteers
33
Year formed
1986
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DONALD GATTSEXECUTIVE DI
Officer
40$203,428
JAMES KRAWCZYKDIR. OF OPER
Officer
40$153,308
ROBERT OSWELLPRESIDENT
Trustee or director, Officer
1$0
CJ VLAHOVICHVICE PRESIDE
Trustee or director, Officer
1$0
DANIEL LUBYTREASURER
Trustee or director, Officer
1$0
RACHAEL GREENSECRETARY
Trustee or director, Officer
1$0
BILL MCCAFFRAYDIRECTOR
Trustee or director
1$0
DON WALLACEDIRECTOR
Trustee or director
1$0
KRISTA SCHIPNERDIRECTOR
Trustee or director
1$0
ANDY LARSONDIRECTOR
Trustee or director
1$0
ROBERT NEWSOMEDIRECTOR
Trustee or director
1$0
GREG MELOONDIRECTOR
Trustee or director
1$0
PETE SURRETTEDIRECTOR
Trustee or director
1$0
COREY LEWISONDIRECTOR
Trustee or director
1$0
PATRICK PANAKOSDIRECTOR
Trustee or director
1$0
20 more people on this return
NameTitleHours / weekCompensation
TROY MANNDIRECTOR
Trustee or director
1$0
AMY MAUZYDIRECTOR
Trustee or director
1$0
JAY QUAMDIRECTOR
Trustee or director
1$0
JAMES VAUGHTDIRECTOR
Trustee or director
1$0
TREY THURMANDIRECTOR
Trustee or director
1$0
SCOTT CRUTCHFIELDDIRECTOR
Trustee or director
1$0
MATT BROWNDIRECTOR
Trustee or director
1$0
PAUL O'BRIENDIRECTOR
Trustee or director
1$0
DANIEL GUTIERREZDIRECTOR
Trustee or director
1$0
GLENN SANDRIDGEDIRECTOR
Trustee or director
1$0
BEN LIZARDODIRECTOR
Trustee or director
1$0
BRANDON LEEDIRECTOR
Trustee or director
1$0
NATALIE CARRERADIRECTOR
Trustee or director
1$0
WAYNE WALTERSDIRECTOR
Trustee or director
1$0
KEVIN MICHAELDIRECTOR
Trustee or director
1$0
JIM EMMONSDIRECTOR
Trustee or director
1$0
DANIEL JARRETTDIRECTOR
Trustee or director
1$0
SHANNON STARLINGDIRECTOR
Trustee or director
1$0
BRYAN SETIDIRECTOR
Trustee or director
1$0
CHRISTINA PAULDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
LEE GATTSDIRECTOR OF GOVT AFFAIRS
Officer
40$192,010$9,163
JAMES KRAWCZYKDIRECTOR OF OPERATIONS
Officer
40$144,704$12,765
CJ VLAHOVICHVICE PRESIDENT
Trustee or director, Officer
1$0$0
DAVE EKERNTREASURER
Trustee or director, Officer
1$0$0
RACHAEL GREENSECRETARY
Trustee or director, Officer
1$0$0
ROBERT OSWELLPRESIDENT
Trustee or director, Officer
1$0$0
JAY QUAMDIRECTOR
Trustee or director
1$0$0
BILL MCCAFFRAYDIRECTOR
Trustee or director
1$0$0
MATT BROWNDIRECTOR AS OF MARCH 2024
Trustee or director
1$0$0
PAUL O'BRIENDIRECTOR
Trustee or director
1$0$0
PATRICK PANAKOSDIRECTOR
Trustee or director
1$0$0
PETE SURRETTEDIRECTOR
Trustee or director
1$0$0
WAYNE WALTERSDIRECTOR
Trustee or director
1$0$0
ANDY LARSONDIRECTOR
Trustee or director
1$0$0
TREY THURMANDIRECTOR
Trustee or director
1$0$0
DON WALLACEDIRECTOR
Trustee or director
1$0$0
JIM EMMONSDIRECTOR
Trustee or director
1$0$0
COREY LEWISONDIRECTOR
Trustee or director
1$0$0
JAMES VAUGHTDIRECTOR
Trustee or director
1$0$0
DANIEL GUTIERREZDIRECTOR
Trustee or director
1$0$0
BUZZ WATKINSDIRECTOR UNTIL SEPTEMBER 2024
Trustee or director
1$0$0
NATALIE CARRERADIRECTOR
Trustee or director
1$0$0
AMY MAUZYDIRECTOR
Trustee or director
1$0$0
GLENN SANDRIDGEDIRECTOR
Trustee or director
1$0$0
GREG MELOONDIRECTOR
Trustee or director
1$0$0
TROY MANNDIRECTOR
Trustee or director
1$0$0
SCOTT CRUTCHFIELDDIRECTOR
Trustee or director
1$0$0
DANIEL LUBYDIRECTOR
Trustee or director
1$0$0
BRYAN SETIDIRECTOR
Trustee or director
1$0$0
JAY POVLINDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
LEE GATTSDIRECTOR OF GOVT AFFAIRS
Officer
40$156,241$8,979
JAMES KRAWCZYKDIRECTOR OF OPERATIONS
Officer
40$132,708$12,274
BRAD FRALICKCHIEF GOVT AFFAIRS OFFICER
Officer
40$84,929$5,100
RACHAEL GREENSECRETARY
Trustee or director, Officer
1$0$0
DANIEL LUBYDIRECTOR
Trustee or director
1$0$0
BRIAN SETIDIRECTOR
Trustee or director
1$0$0
JAY POVLINDIRECTOR
Trustee or director
1$0$0
ROBERT OSWELLPRESIDENT
Trustee or director, Officer
1$0$0
CJ VLAHOVICHVICE PRESIDENT
Trustee or director, Officer
1$0$0
JAMES VAUGHTDIRECTOR
Trustee or director
1$0$0
DAVE EKERNTREASURER
Trustee or director, Officer
1$0$0
TROY MANNDIRECTOR
Trustee or director
1$0$0
GREG MELOONDIRECTOR
Trustee or director
1$0$0
GLENN SANDRIDGEDIRECTOR
Trustee or director
1$0$0
AMY MAUZYDIRECTOR
Trustee or director
1$0$0
PAUL BIALICKDIRECTOR
Trustee or director
1$0$0
NATALIE CARRERADIRECTOR
Trustee or director
1$0$0
SCOTT CRUTCHFIELDDIRECTOR
Trustee or director
1$0$0
JIM EMMONSDIRECTOR
Trustee or director
1$0$0
DANNY GUTIERREZDIRECTOR
Trustee or director
1$0$0
ANDY LARSONDIRECTOR
Trustee or director
1$0$0
COREY LEWISONDIRECTOR
Trustee or director
1$0$0
BILL MCCAFFRAYDIRECTOR
Trustee or director
1$0$0
DAN MILLERDIRECTOR
Trustee or director
1$0$0
PAUL O'BRIENDIRECTOR
Trustee or director
1$0$0
PATRICK PANAKOSDIRECTOR
Trustee or director
1$0$0
JAY QUAMDIRECTOR
Trustee or director
1$0$0
WAYNE WALTERSDIRECTOR
Trustee or director
1$0$0
PETE SURRETTEDIRECTOR
Trustee or director
1$0$0
TREY THURMANDIRECTOR
Trustee or director
1$0$0
DON WALLACEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2750 TAYLOR AVE A18, ORLANDO, FL 32806-4474
Principal officer (990 for 2025)
DONALD GATTS, 130 WEBB ROAD, LIVINGSTON, TN 38570
Signed the 990
DONALD GATTS, EXECUTIVE DIRECTOR
Phone
(407) 835-1363
Return prepared by
MKA ADVISORY LLC

Mission

A TRADE ASSOCIATION THAT PROMOTES AND PROTECTS TOWED WATER SPORTS ACTIVITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • INDUSTRY ADVOCATE THAT COMMUNICATES, PRODUCES, AND DISTRIBUTES SAFETY AND EDUCATIONAL MATERIALS FOR TOWED WATER SPORTS.
    Expenses $1,903,584 · grants $129,500

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-2766476
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,040,128
Income (IRS master file)
$2,082,155

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,067,392$1,903,584$1,040,128IRS
990December 2024$1,372,545$1,755,121$869,564XML
990December 2023$1,796,890$1,559,235$1,246,934XML
990December 2022$1,825,745$1,226,633$1,017,137IRS
990December 2021–––IRS
990December 2020–––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 59-2766476).

Questions about WATER SPORTS INDUSTRY ASSOCIATION INC

What is the EIN of WATER SPORTS INDUSTRY ASSOCIATION INC?
The employer identification number (EIN) of WATER SPORTS INDUSTRY ASSOCIATION INC is 59-2766476.
Is WATER SPORTS INDUSTRY ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
Are donations to WATER SPORTS INDUSTRY ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WATER SPORTS INDUSTRY 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 WATER SPORTS INDUSTRY ASSOCIATION INC 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 WATER SPORTS INDUSTRY ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WATER SPORTS INDUSTRY ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names DONALD GATTS.
Who are the officers and directors of WATER SPORTS INDUSTRY ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 35 people; 2 received compensation from the organization, the highest $203,428 (DONALD GATTS, EXECUTIVE DI).
How much revenue does WATER SPORTS INDUSTRY ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,067,392, expenses of $1,903,584 and total assets of $1,040,128 at year end.

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