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Nonprofit · EIN 84-0576725

CARTER LAKE SAILING CLUB

Tax-exempt (reinstated) · LOVELAND, CO 80537

Financials

$129K$121K2024
Revenue Expenses · by fiscal year end
Financials of CARTER LAKE SAILING CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-EZ$129,067$121,248$7,819$286,537$7,761$278,776
Financial details: 990-EZ for the year ended October 31, 2025

Revenue

Membership dues
$112,650
Program service revenue
$13,940
Net gain from sales of assets
-$3,089
Other revenue
$5,566

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$21,477
Other expenses
$99,771
Program services (functional)
$17,734

Balance sheet and other

Total assets, start of year
$231,142
Total assets, end of year
$286,537
Total liabilities, end of year
$7,761
Net assets, end of year
$278,776
Cash, savings and investments
$163,580
Gross receipts
$135,267

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-EZ for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
John KruegerCommordore1$0
Andrew WatsonVice Commodore1$0
Jeni UmbleRecording Secretary1$0
Teres LambertCorresponding Secretary1$0
Angela JaspersTreasurer1$0

Address and contacts

Address (IRS master file)
3511 S COUNTY ROAD 31, LOVELAND, CO 80537-9670
In care of
% ANGELA JASPERS
Signed the 990-EZ
Angela Jaspers, Treasurer

Mission

1.To promote the sport of sailing. 2. To teach good yachtsmanship. 3.To acquaint members with the rules of sailing. 4. To promote racing. 5.To provide facilities. 6.To schedule and conduct activities for the enjoyment of all aspects of sailing. 7.To cooperate with other sailing organizations. 8.To promote fellowship among sailing enthusiasts. 9.To provide on-water storage of sailboats and hand propelled watercraft.

990-EZ for the year ended October 31, 2025

Program accomplishments

  • To promote racing. Regatta
    Expenses $6,851
  • To teach good yachtsmanship. Junior Sailing Program
    Expenses $6,480
  • To promote the sport of sailing membership
    Expenses $4,403

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990-EZ on file
2023October 31, 2024March 17, 2025Check at the IRS

IRS record

EIN
84-0576725
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2025
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$286,537
Income (IRS master file)
$135,267

Revocation and reinstatement

Exemption revoked
March 15, 2023
Posted by the IRS
June 12, 2023
Reinstated
Effective March 15, 2023

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZOctober 2025$129,067$121,248$286,537XML

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 84-0576725).

Questions about CARTER LAKE SAILING CLUB

What is the EIN of CARTER LAKE SAILING CLUB?
The employer identification number (EIN) of CARTER LAKE SAILING CLUB is 84-0576725.
Is CARTER LAKE SAILING CLUB tax-exempt?
Yes. The IRS revoked its exemption on March 15, 2023 and reinstated it effective March 15, 2023.
Are donations to CARTER LAKE SAILING CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CARTER LAKE SAILING 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 CARTER LAKE SAILING CLUB due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARTER LAKE SAILING CLUB last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
Who are the officers and directors of CARTER LAKE SAILING CLUB?
The 990-EZ for the year ended October 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CARTER LAKE SAILING CLUB have?
On its 990-EZ for the year ended October 31, 2025 it reported revenue of $129,067, expenses of $121,248 and total assets of $286,537 at year end.

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