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Nonprofit · EIN 94-1506261

SAUSALITO YACHT CLUB FOOT OF EL PORTAL

Tax-exempt · SAUSALITO, CA 94965

Financials

$2.8M$2.7M2023$3M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of SAUSALITO YACHT CLUB FOOT OF EL PORTAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,974,593$2,698,547$276,046$2,466,404$101,416$2,364,988
December 31, 2023990$2,828,679$2,665,320$163,359$2,174,340$85,398$2,088,942
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,470,045
Membership dues
$1,435,282
Program service revenue
$1,437,953
Investment income
$62,130
Net gain from sales of assets
$1,500
Net income from sales of inventory
$4,465
Other revenue
$4,465

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,035,373
Salaries, compensation and benefits (total)
$1,298,792
Professional fundraising fees
$0
Legal fees
$2,500
Occupancy
$187,954
Depreciation
$64,033

Balance sheet and other

Total assets, start of year
$2,174,340
Total assets, end of year
$2,466,404
Total liabilities, end of year
$101,416
Net assets, end of year
$2,364,988
Land, buildings and equipment
$257,569
Net assets without donor restrictions
$2,364,988
Gross unrelated business income
$26,440
Gross receipts
$2,995,601
Employees
42
Year formed
1942
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.

NameTitleHours / weekCompensation
PATTI BOTTCOMMODORE
Trustee or director, Officer
10$0
JOHN LERNERTREASURER
Trustee or director, Officer
5$0
SKIP SPEAKSCHAIR
Trustee or director, Officer
5$0
MICHAEL LEVINEFINANCE CHAIR
Trustee or director, Officer
5$0
RICH LAUMANAUDIT CHAIR
Trustee or director, Officer
5$0
RUSSELL CROCEVICE COMMODORE
Officer
5$0
MARISA McARTHURREAR COMMODORE
Officer
5$0
REBECCA KORNMEYERSecretary
Officer
5$0
NORIO SUGANOPORT CAPTAIN
Officer
5$0
MARK WATSONMEMBERSHIP CHR
Officer
5$0
BOB LALANNERACE CHAIR
Officer
5$0
GEORGIA BEYERSAIL INSTR CHR
Officer
5$0
FRED ZIRDUNGCRUISE CHAIR
Officer
5$0
ALEXANDRA MAGUIREENTERTMT CHR
Officer
5$0
STEPHEN ACKROYDCOMM CHAIR
Officer
5$0
2 more people on this return
NameTitleHours / weekCompensation
MICHAEL LAPPERTHOUSE CHAIR
Officer
5$0
ANGIE LACKEY OLSONAUXILIARY CHAIR
Officer
5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
TODD WHEELERCOMMODORE
Trustee or director, Officer
0$0
JOHN WALESTreasurer
Trustee or director, Officer
0$0
BILL AUBREYChairman
Trustee or director, Officer
0$0
SKIP SPEAKSFINANCE CHAIR
Trustee or director, Officer
0$0
MICHAEL LEVINEAUDIT CHAIR
Trustee or director, Officer
0$0
PATTI BOTTVICE COMMODORE
Officer
0$0
RUSSEL CROCEREAR COMMODORE
Officer
0$0
KAREN TISCHLERSecretary
Officer
0$0
SEAN McDERMOTTPORT CAPTAIN
Officer
0$0

Address and contacts

Address (IRS master file)
100 HUMBOLDT AVE, SAUSALITO, CA 94965-2275
Signed the 990
JOHN LERNER, Treasurer
Phone
(415) 332-7400
Return prepared by
Merrill Accountancy Corp

California records

California keeps its own records of charities and corporations. Search them by EIN 94-1506261 or by the name SAUSALITO YACHT CLUB FOOT OF EL PORTAL.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO ACTIVELY PROMOTE THE SPORT OF BOATING, SAIL TRAINING AND DEVELOP AND SPONSOR YACHTING AND YACHT RACING EVENTS; EDUCATE MEMBERS ABOUT MARINE ORIENTED SKILLS; TO BE ACTIVELY INVOLVED IN THE COMMUNITY WITH A FOCUS ON ACTIVITIES THAT ENHANCE OUR STANDING IN THE COMMUNITY AND TO PROVIDE AND MANAGE A CONVIVIAL BAR AND GALLEY OPERATION FOR THE BENEFIT OF THE MEMBERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVISION OF BAR AND RESTAURANT SERVICES AND SHIPS STORE FOR MEMBERS AND THEIR GUESTS.
    Expenses $1,623,176
  • RACE REGATTAS AND SAILING INSTRUCTION
    Expenses $274,976
  • MAINTENENCE OF CLUB HOUSE AND DOCKING FACILITIES FOR MEMBERS AND GUESTS
    Expenses $170,790

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
94-1506261
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,466,404
Income (IRS master file)
$2,995,601

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,974,593$2,698,547$2,466,404XML
990December 2023$2,828,679$2,665,320$2,174,340XML
990December 2022$2,575,614$2,472,629$2,026,535IRS
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 94-1506261).

Questions about SAUSALITO YACHT CLUB FOOT OF EL PORTAL

What is the EIN of SAUSALITO YACHT CLUB FOOT OF EL PORTAL?
The employer identification number (EIN) of SAUSALITO YACHT CLUB FOOT OF EL PORTAL is 94-1506261.
Is SAUSALITO YACHT CLUB FOOT OF EL PORTAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
Are donations to SAUSALITO YACHT CLUB FOOT OF EL PORTAL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SAUSALITO YACHT CLUB FOOT OF EL PORTAL 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 SAUSALITO YACHT CLUB FOOT OF EL PORTAL 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 SAUSALITO YACHT CLUB FOOT OF EL PORTAL 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 SAUSALITO YACHT CLUB FOOT OF EL PORTAL?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does SAUSALITO YACHT CLUB FOOT OF EL PORTAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,974,593, expenses of $2,698,547 and total assets of $2,466,404 at year end.

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