Nonprofit · EIN 95-2482880
FAIRWIND YACHT CLUB
Tax-exempt · MARINA DL REY, CA 90295
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $724,113 | $597,874 | $126,239 | $987,463 | $340,810 | $646,653 |
| September 30, 2024 | 990 | $593,363 | $580,678 | $12,685 | $829,206 | $308,792 | $520,414 |
| September 30, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LENOX GRASSO | COMMODORE Trustee or director, Officer | 20 | $0 |
| UTA BUSCHOR | Treasurer Trustee or director, Officer | 30 | $0 |
| ALAN MACGOVERN | Secretary Trustee or director, Officer | 10 | $0 |
| STEPHANIE JACKSON | PORT CAPTAIN Trustee or director, Officer | 10 | $0 |
| TINA TODD | PORT CAPTAIN-CI Trustee or director, Officer | 10 | $0 |
| STEPHEN REAGAN | REAR COMMODORE Trustee or director, Officer | 10 | $0 |
| STEPHEN FENSTER | REAR COMMODORE Trustee or director, Officer | 20 | $0 |
| ODED BARLEV | MEMBERSHIP SEC Trustee or director, Officer | 10 | $0 |
| BRUCE GALE | MEMBERSHIP SEC Trustee or director, Officer | 10 | $0 |
| TONY KNIGHT | FLEET CAPTAIN Trustee or director, Officer | 10 | $0 |
| MICHAEL DELANEY | FLEET CAPTAIN Trustee or director, Officer | 10 | $0 |
990 for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC LEVINE | COMMODORE Trustee or director, Officer | 20 | $0 |
| UTA BUSCHOR | Treasurer Trustee or director, Officer | 30 | $0 |
| MICHAEL POVAR | Secretary Trustee or director, Officer | 10 | $0 |
| STEPHANIE JACKSON | PORT CAPTAIN Trustee or director, Officer | 10 | $0 |
| TINA TODD | PORT CAPTAIN-CI Trustee or director, Officer | 10 | $0 |
| STEPHEN REAGAN | REAR COMMODORE Trustee or director, Officer | 10 | $0 |
| STEPHEN FENSTER | REAR COMMODORE Trustee or director, Officer | 20 | $0 |
| ODED BARLEV | MEMBERSHIP SEC Trustee or director, Officer | 10 | $0 |
| BRUCE GALE | MEMBERSHIP SEC Trustee or director, Officer | 10 | $0 |
| TONY KNIGHT | FLEET CAPTAIN Trustee or director, Officer | 10 | $0 |
| MICHAEL CRIST | FLEET CAPTAIN Trustee or director, Officer | 10 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC LEVINE | COMMODORE Trustee or director, Officer | 20 | $0 |
| UTA BUSCHOR | Treasurer Trustee or director, Officer | 30 | $0 |
| MICHAEL POVAR | Secretary Trustee or director, Officer | 10 | $0 |
| BENNETT SAMSON | PORT CAPTAIN Trustee or director, Officer | 10 | $0 |
| TINA TODD | REAR COMMODORE Trustee or director, Officer | 10 | $0 |
| MICHAEL HALLAHAN | PORT CAPTAIN Trustee or director, Officer | 10 | $0 |
| STEPHEN FENSTER | REAR COMMODORE Trustee or director, Officer | 10 | $0 |
| ODED BARLEV | MEMBERSHIP SEC Trustee or director, Officer | 10 | $0 |
| BRUCE GALE | MEMBERSHIP SEC Trustee or director, Officer | 10 | $0 |
| TONY KNIGHT | FLEET CAPTAIN Trustee or director, Officer | 10 | $0 |
| MICHAEL CRIST | FLEET 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
- Website
- www.fairwind.org
- 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)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $724,113 | $597,874 | $987,463 | XML |
| 990 | September 2024 | $593,363 | $580,678 | $829,206 | XML |
| 990 | September 2023 | $501,382 | $503,605 | $788,354 | XML |
| 990 | September 2022 | $494,394 | $462,719 | $781,163 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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.
Other nonprofits in MARINA DL REY
- CEDARS-SINAI MARINA HOSPITAL EIN 20-1645949 · last filed 990 for 2025
- MERKIN FAMILY FOUNDATION EIN 20-0527223 · last filed 990-PF for 2024
- IROH FOUNDATION EIN 45-6627637 · last filed 990-PF for 2024
- MARINA DEL REY TOURISM BOARD EIN 88-0859859 · last filed 990 for 2024
- ANIMAL WELLNESS FOUNDATION EIN 45-4361755 · last filed 990 for 2024
- INTERNATIONAL JOINT CONFERENCE ON ARTIFICIAL INTELLIGENCE EIN 94-2463034 · last filed 990 for 2025
- VENICE ARTS EIN 95-4427386 · last filed 990 for 2024
- ENVIRONMENTALISM THROUGH INSPIRATION & NON VIOLENT ACTION EIN 95-4658841 · last filed 990 for 2024