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Nonprofit · EIN 74-1599740

LAKE CANYON YACHT CLUB

Tax-exempt · SAN ANTONIO, TX 78218

Financials

$885K$726K2023$919K$752K2024
Revenue Expenses · by fiscal year end
Financials of LAKE CANYON YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$919,015$752,322$166,693$3,352,129$94,538$3,257,591
December 31, 2023990$885,177$726,189$158,988$3,182,290$89,797$3,092,493
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$23,810
Membership dues
$23,810
Program service revenue
$851,607
Investment income
$43,598
Net gain from sales of assets
$3,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$244,267
Salaries, compensation and benefits (total)
$265,757
Professional fundraising fees
$0
Legal fees
$2,747
Occupancy
$154,803
Depreciation
$151,751
Program services (functional)
$610,396
Management and general (functional)
$141,926

Balance sheet and other

Total assets, start of year
$3,182,290
Total assets, end of year
$3,352,129
Total liabilities, end of year
$94,538
Net assets, end of year
$3,257,591
Land, buildings and equipment
$2,278,415
Gross unrelated business income
$47,357
Gross receipts
$919,015
Employees
6
Volunteers
100
Year formed
1967
State of legal domicile
TX

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
Vivian MillerTreasurer
Officer
12$0
Mindy RogersCommodore
Officer
6$0
Carlos RosendeVice Commodore
Officer
4$0
Glen GrahamRear Commodore
Officer
2$0
Andres Campos-DelgadoSecretary
Officer
2$0
Sally PhillipsPort Co-Captain
Officer
4$0
Karmen CamposPort Co-Captain
Officer
4$0
Terry BeasleyGovernor
Institutional trustee
2$0
Gary KirkhamGovernor
Institutional trustee
2$0
Dwight StickleGovernor
Institutional trustee
2$0
Allen BordenGovernor
Institutional trustee
2$0
Margaret A CartyBusiness Manager
Key employee
44$0
John RuizProperty Supervisor
Key employee, Highest-paid employee
44$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
John RuizProperty Supervisor
Key employee, Highest-paid employee
44$80,963
Margaret A CartyBusiness Manager
Key employee
44$79,411
Vivian MillerTreasurer
Officer
12$0
Glen GrahamCommodore
Officer
6$0
Mindy RogersVice Commodore
Officer
4$0
Anu DayRear Commodore
Officer
2$0
Margaret McGillSecretary
Officer
2$0
Sally PhillipsPort Co-Captain
Officer
4$0
Ann CookPort Co-Captain
Officer
4$0
Bill CookGovernor
Institutional trustee
2$0
Laurie McGillGovernor
Institutional trustee
2$0
Jordan MersonGovernor
Institutional trustee
2$0
Carlos RosendeGovernor
Institutional trustee
2$0
Terry TomkoGovernor
Institutional trustee
2$0

Address and contacts

Address (IRS master file)
PO BOX 18554, SAN ANTONIO, TX 78218-0554
Principal officer (990 for 2024)
Vivian Miller, PO BOX 18554, San Antonio, TX 78218
Signed the 990
Vivian Miller, Treasurer
Phone
(281) 685-7570
Return prepared by
J Dwayne Anderson CPA PLLC

Mission

Activites related to sailing.

990 for the year ended December 31, 2024

Program accomplishments

  • Boat storage, slips, docks, and fee for Club members.
  • Sailing Regattas offered for members and non-members.
  • Junior instructional sailing programs for members and non-members.

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
74-1599740
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,352,129
Income (IRS master file)
$919,015

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$919,015$752,322$3,352,129XML
990December 2023$885,177$726,189$3,182,290XML
990December 2022$849,994$746,843$3,005,425IRS
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 74-1599740).

Questions about LAKE CANYON YACHT CLUB

What is the EIN of LAKE CANYON YACHT CLUB?
The employer identification number (EIN) of LAKE CANYON YACHT CLUB is 74-1599740.
Is LAKE CANYON YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1967.
Are donations to LAKE CANYON YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE CANYON YACHT CLUB 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 CANYON YACHT CLUB 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 CANYON YACHT CLUB 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 CANYON YACHT CLUB?
The 990 for the year ended December 31, 2024 names Vivian Miller.
Who are the officers and directors of LAKE CANYON YACHT CLUB?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does LAKE CANYON YACHT CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $919,015, expenses of $752,322 and total assets of $3,352,129 at year end.

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