Nonprofit · EIN 77-0397992
LAKE YOSEMITE SAILING ASSOCIATION
Tax-exempt · MERCED, CA 95348
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $45,046 | $34,174 | $10,872 | $54,688 | $1 | $54,687 |
| December 31, 2023 | 990 | $48,003 | $37,963 | $10,040 | $43,816 | $1 | $43,815 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,105
- Program service revenue
- $35,534
- Investment income
- $11
- Net rental income
- $360
- Net income from fundraising events
- $8,036
- Other revenue
- $8,396
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $927
- Program services (functional)
- $20,370
- Management and general (functional)
- $10,045
Balance sheet and other
- Total assets, start of year
- $43,816
- Total assets, end of year
- $54,688
- Total liabilities, end of year
- $1
- Net assets, end of year
- $54,687
- Land, buildings and equipment
- $4,070
- Net assets without donor restrictions
- $54,687
- Gross unrelated business income
- $360
- Gross receipts
- $50,180
- Employees
- 0
- Year formed
- 2000
- State of legal domicile
- CA
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 |
|---|---|---|---|
| CHRIS CURRIER | COMMODORE Officer | 1 | $0 |
| MATT LOEFFLER | SOCIAL CAPTAIN Officer | 1 | $0 |
| WAYNE MC MILLEN | VICE COMMODORE Officer | 1 | $0 |
| CHRIS MARTIN | Secretary Officer | 1 | $0 |
| DIANE SOUSA | Treasurer Officer | 1 | $0 |
| LEE MC DONOUGH | PORT CAPTAIN Officer | 1 | $0 |
| THOM GRIMALDI | HOUSE CAPTAIN Officer | 1 | $0 |
| DAVID STRUBBE | RACE CAPTAIN Officer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN ALEMAN | COMMODORE Officer | 1 | $0 |
| CHRIS CURRIER | VICE COMMODORE Officer | 1 | $0 |
| CHRIS MARTIN | Secretary Officer | 1 | $0 |
| DIANE SOUSA | Treasurer Officer | 1 | $0 |
| LEE MC DONOUGH | PORT CAPTAIN Officer | 1 | $0 |
| DEBBIE HARDEN | HOUSE CAPTAIN Officer | 1 | $0 |
| TOM COOKE | RACE CAPTAIN Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 110 W ALEXANDER AVE, MERCED, CA 95348-3410
- In care of
- % DIANE SOUSA
- Signed the 990
- DIANE SOUSA, Treasurer
- Phone
- (209) 383-3955
- Website
- lakeyosemitesailing.org
- Return prepared by
- Stapp Accountancy Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0397992 or by the name LAKE YOSEMITE SAILING ASSOCIATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
ALL PROGRAM SERVICES ARE DIRECTLY RELATED TO SAILING SAFETY
Program accomplishments
- ALL PROGRAM SERVICES ARE DIRECTLY RELATED TO SAILING SAFETY AND EDUCATION FOR APPROX 76 FAMILIES BENEFIT
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
- 77-0397992
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $54,688
- Income (IRS master file)
- $50,180
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $45,046 | $34,174 | $54,688 | IRS |
| 990 | December 2023 | $48,003 | $37,963 | $43,816 | XML |
| 990 | December 2022 | $36,640 | $36,760 | $33,775 | 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 77-0397992).
Questions about LAKE YOSEMITE SAILING ASSOCIATION
- What is the EIN of LAKE YOSEMITE SAILING ASSOCIATION?
- The employer identification number (EIN) of LAKE YOSEMITE SAILING ASSOCIATION is 77-0397992.
- Is LAKE YOSEMITE SAILING ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2002.
- Are donations to LAKE YOSEMITE SAILING ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE YOSEMITE SAILING ASSOCIATION 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 YOSEMITE SAILING ASSOCIATION 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 YOSEMITE SAILING ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of LAKE YOSEMITE SAILING ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does LAKE YOSEMITE SAILING ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $45,046, expenses of $34,174 and total assets of $54,688 at year end.
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