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Nonprofit · EIN 81-0358284

NORTH FLATHEAD YACHT CLUB

Tax-exempt · SOMERS, MT 59932

Financials

$216K$144K2023$194K$141K2024$224K$182K2025
Revenue Expenses · by fiscal year end
Financials of NORTH FLATHEAD YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$223,894$181,605$42,289$1,041,723$322$1,041,401
December 31, 2024990$194,330$140,594$53,736$1,053,637$54,525$999,112
December 31, 2023990$215,884$144,036$71,848$1,049,671$104,295$945,376
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$222,273
Investment income
$1,621
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$17,163
Salaries, compensation and benefits (total)
$18,395
Professional fundraising fees
$0
Accounting fees
$800
Occupancy
$44,654
Depreciation
$48,242
Program services (functional)
$125,752
Management and general (functional)
$7,611

Balance sheet and other

Total assets, start of year
$1,053,637
Total assets, end of year
$1,041,723
Total liabilities, end of year
$322
Net assets, end of year
$1,041,401
Land, buildings and equipment
$741,879
Gross unrelated business income
$1,621
Gross receipts
$223,894
Employees
3
Year formed
1975
State of legal domicile
MT

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
M'LYNN SCHWARTZTREASURER
Trustee or director, Officer
10$4,676
HAILEY GRAFPAST COMMODORE
Trustee or director, Officer
5$0
GALEN HEALEYCOMMODORE
Trustee or director, Officer
5$0
CHRIS HOLDENVICE COMMODORE
Trustee or director, Officer
5$0
STAN STRATHMANVICE COMMODORE OF RACING
Trustee or director, Officer
5$0
CHRIS WIGLEYREAR COMMODORE
Trustee or director, Officer
5$0
SARAH BENEDICTSECRETARY
Trustee or director, Officer
5$0
JOSH MOHLERPORT CAPTAIN
Trustee or director, Officer
1$0
GAYLE GRAFBOARD MEMBER AT LARGE
Trustee or director
1$0
ANDREW MINERBOARD MEMBER AT LARGE
Trustee or director
1$0
ISAAC HALLBOARD MEMBER AT LARGE
Trustee or director
1$0
ERIN HARAPATBOARD MEMBER AT LARGE
Trustee or director
1$0
GINJER YACHECHAKBOARD MEMBER AT LARGE
Trustee or director
1$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
GALEN HEALEYCOMMODORE
Trustee or director, Officer
5$0
CHRIS HOLDENVICE COMMODORE
Trustee or director, Officer
5$0
CHRIS WIGLEYREAR COMMODORE
Trustee or director, Officer
5$0
SARAH BENEDICTSECRETARY
Trustee or director, Officer
5$0
M'LYNN SCHWARTZTREASURER
Trustee or director, Officer
5$0
JOSH MOHLERPORT CAPTAIN
Trustee or director, Officer
5$0
STAN STRATHMANVICE COMMODORE OF RACING
Trustee or director, Officer
5$0
HAILEY GRAFPAST COMMODORE
Trustee or director
1$0
ERIN HARAPATBOARD MEMBER
Trustee or director
1$0
GINJER YACHECHAKBOARD MEMBER
Trustee or director
1$0
GAYLE GRAFBOARD MEMBER
Trustee or director
1$0
ISAAC HALLBOARD MEMBER
Trustee or director
1$0
DREW MINERBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
CHRIS WIGLEYREAR COMMODORE
Trustee or director, Officer
5$0
STEPHEN KRAUSEBOARD MEMBER
Trustee or director
1$0
JAKE STECKBOARD MEMBER
Trustee or director
1$0
JENNIFER FISHERPAST COMMODORE
Trustee or director
1$0
KEN YACHECHACKBOARD MEMBER
Trustee or director
1$0
SARAH BENEDICTBOARD MEMBER
Trustee or director
1$0
JOSH MOHLERPORT CAPTAIN
Trustee or director, Officer
3$0
CHRIS HOLDENBOARD MEMBER
Trustee or director
1$0
GAYLE GRAFSecretary
Trustee or director, Officer
3$0
M'LYNN SCHWARTZTreasurer
Trustee or director, Officer
5$0
ASHLI SLAWTERCOMMODORE
Trustee or director, Officer
3$0
HAILEY GRAFVICE COMMODORE
Trustee or director, Officer
3$0
BRIAN LOCKWOODVICE COMMODORE
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
PO BOX 208, SOMERS, MT 59932-0208
Principal officer (990 for 2025)
M'LYNN SCHWARTZ, PO BOX 208, SOMERS, MT 59932
Signed the 990
M'LYNN SCHWARTZ, Treasurer
Website
NFYC.ORG
Return prepared by
Alpenglow Tax & Consulting Inc

Mission

PROVIDE/MAINTAIN FACILITIES AND ENCOURAGE PARTICIPATION IN THE SPORT OF SAILING

990 for the year ended December 31, 2025

Program accomplishments

  • A MEMBERSHIP ORGANIZATION FORMED TO ENHANCE ENJOYMENT OF THE SPORT OF SAILING AND PROVIDE AND MAINTAIN FACILITIES FOR THAT PURPOSE ON THE SHORES OF FLATHEAD LAKE. NFYC ALSO MAINTAINS A STRONG RACING PROGRAM, AND PROVIDES CRUISING EVENTS, SOCIAL EVENTS, AND SAFETY PROGRAMS FOR ITS 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0358284
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,041,723
Income (IRS master file)
$223,894

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$223,894$181,605$1,041,723XML
990December 2024$194,330$140,594$1,053,637XML
990December 2023$215,884$144,036$1,049,671XML
990December 2022$190,164$130,634$1,023,055IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 81-0358284).

Questions about NORTH FLATHEAD YACHT CLUB

What is the EIN of NORTH FLATHEAD YACHT CLUB?
The employer identification number (EIN) of NORTH FLATHEAD YACHT CLUB is 81-0358284.
Is NORTH FLATHEAD YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
Are donations to NORTH FLATHEAD YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTH FLATHEAD 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 NORTH FLATHEAD YACHT CLUB 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 NORTH FLATHEAD YACHT CLUB 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 NORTH FLATHEAD YACHT CLUB?
The 990 for the year ended December 31, 2025 names M'LYNN SCHWARTZ.
Who are the officers and directors of NORTH FLATHEAD YACHT CLUB?
The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $4,676 (M'LYNN SCHWARTZ, TREASURER).
How much revenue does NORTH FLATHEAD YACHT CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $223,894, expenses of $181,605 and total assets of $1,041,723 at year end.

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