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Nonprofit · EIN 95-2482880

FAIRWIND YACHT CLUB

Tax-exempt · MARINA DL REY, CA 90295

Financials

$501K$504K2022$593K$581K2023$724K$598K2024
Revenue Expenses · by fiscal year end
Financials of FAIRWIND YACHT CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$724,113$597,874$126,239$987,463$340,810$646,653
September 30, 2024990$593,363$580,678$12,685$829,206$308,792$520,414
September 30, 2023990$501,382$503,605-$2,223$788,354$280,625$507,729
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$694,080
Membership dues
$694,080
Program service revenue
$0
Investment income
$33
Other revenue
$30,000

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
Legal fees
$8,026

Balance sheet and other

Total assets, start of year
$829,206
Total assets, end of year
$987,463
Total liabilities, end of year
$340,810
Net assets, end of year
$646,653
Land, buildings and equipment
$538,626
Gross receipts
$724,113
Employees
0
Volunteers
11
Year formed
1967
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
LENOX GRASSOCOMMODORE
Trustee or director, Officer
20$0
UTA BUSCHORTreasurer
Trustee or director, Officer
30$0
ALAN MACGOVERNSecretary
Trustee or director, Officer
10$0
STEPHANIE JACKSONPORT CAPTAIN
Trustee or director, Officer
10$0
TINA TODDPORT CAPTAIN-CI
Trustee or director, Officer
10$0
STEPHEN REAGANREAR COMMODORE
Trustee or director, Officer
10$0
STEPHEN FENSTERREAR COMMODORE
Trustee or director, Officer
20$0
ODED BARLEVMEMBERSHIP SEC
Trustee or director, Officer
10$0
BRUCE GALEMEMBERSHIP SEC
Trustee or director, Officer
10$0
TONY KNIGHTFLEET CAPTAIN
Trustee or director, Officer
10$0
MICHAEL DELANEYFLEET CAPTAIN
Trustee or director, Officer
10$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensation
MARC LEVINECOMMODORE
Trustee or director, Officer
20$0
UTA BUSCHORTreasurer
Trustee or director, Officer
30$0
MICHAEL POVARSecretary
Trustee or director, Officer
10$0
STEPHANIE JACKSONPORT CAPTAIN
Trustee or director, Officer
10$0
TINA TODDPORT CAPTAIN-CI
Trustee or director, Officer
10$0
STEPHEN REAGANREAR COMMODORE
Trustee or director, Officer
10$0
STEPHEN FENSTERREAR COMMODORE
Trustee or director, Officer
20$0
ODED BARLEVMEMBERSHIP SEC
Trustee or director, Officer
10$0
BRUCE GALEMEMBERSHIP SEC
Trustee or director, Officer
10$0
TONY KNIGHTFLEET CAPTAIN
Trustee or director, Officer
10$0
MICHAEL CRISTFLEET CAPTAIN
Trustee or director, Officer
10$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensation
MARC LEVINECOMMODORE
Trustee or director, Officer
20$0
UTA BUSCHORTreasurer
Trustee or director, Officer
30$0
MICHAEL POVARSecretary
Trustee or director, Officer
10$0
BENNETT SAMSONPORT CAPTAIN
Trustee or director, Officer
10$0
TINA TODDREAR COMMODORE
Trustee or director, Officer
10$0
MICHAEL HALLAHANPORT CAPTAIN
Trustee or director, Officer
10$0
STEPHEN FENSTERREAR COMMODORE
Trustee or director, Officer
10$0
ODED BARLEVMEMBERSHIP SEC
Trustee or director, Officer
10$0
BRUCE GALEMEMBERSHIP SEC
Trustee or director, Officer
10$0
TONY KNIGHTFLEET CAPTAIN
Trustee or director, Officer
10$0
MICHAEL CRISTFLEET CAPTAIN
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
PO BOX 12684, MARINA DL REY, CA 90295-3684
Principal officer (990 for 2024)
LENOX GRASSO, PO BOX 12684, MARINA DEL REY, CA 90295
Signed the 990
UTA BUSCHOR, Treasurer
Phone
(310) 890-5899
Return prepared by
Stern Kory Sreden & Morgan AAC

California records

California keeps its own records of charities and corporations. Search them by EIN 95-2482880 or by the name FAIRWIND YACHT CLUB.

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

Mission

FAIRWIND YACHT CLUB IS A SAILING COOPERATIVE LOCATED IN MARINA DEL REY AND OXNARD HARBORS IN CALIFORNIA. THE CLUB OWNS BOATS WHICH IT KEEPS IN SLIPS IN BOTH HARBORS, BUT DOES NOT OWN A CLUBHOUSE. MEMBERS PAY QUARTERLY DUES AND SAIL THE BOATS. MEMBERS VOLUNTEER THEIR TIME AND TEACH BOYS AND GIRLS' CLUB YOUTH SAILING IN BOTH HARBORS.

990 for the year ended September 30, 2025

Program accomplishments

  • TEACHING BOYS AND GIRLS' CLUBS CHILDREN AND MEMBERS HOW TO SAIL. SPONSORING CLUB CRUISES. MONTHLY OPEN HOUSES AND SAILING FOR THE PUBLIC.

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
95-2482880
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1968
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$987,463
Income (IRS master file)
$724,113

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$724,113$597,874$987,463XML
990September 2024$593,363$580,678$829,206XML
990September 2023$501,382$503,605$788,354XML
990September 2022$494,394$462,719$781,163IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 95-2482880).

Questions about FAIRWIND YACHT CLUB

What is the EIN of FAIRWIND YACHT CLUB?
The employer identification number (EIN) of FAIRWIND YACHT CLUB is 95-2482880.
Is FAIRWIND YACHT CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1968.
Are donations to FAIRWIND YACHT CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FAIRWIND 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 FAIRWIND YACHT CLUB due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAIRWIND YACHT CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FAIRWIND YACHT CLUB?
The 990 for the year ended September 30, 2025 names LENOX GRASSO.
Who are the officers and directors of FAIRWIND YACHT CLUB?
The 990 for the year ended September 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does FAIRWIND YACHT CLUB have?
On its 990 for the year ended September 30, 2025 it reported revenue of $724,113, expenses of $597,874 and total assets of $987,463 at year end.

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