2024-06-27T10:31:34-05:00 2023-12-31 411292716 COPELAND BUHL & COMPANY PLLP 3033 CAMPUS DRIVE SUITE E590 PLYMOUTH MN 55441 990 2023-01-01 237120748 WAYZATA YACHT CLUB WAYZ 6127013230 PO BOX 585 WAYZATA MN 55391 CHAD OLNESS TREASURER 6127013230 2024-05-10 1 CHAD OLNESS 999009999 0 MITCHELL GIESE P02249920 9524767100 2024-05-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z THORN TURNER PO BOX 585 WAYZATA MN 55391 682617 0 X HTTPS://WWW.WYC.ORG X 1965 MN THE PURPOSE OF WYC IS TO PROMOTE AND DEVELOP ACTIVE AND COMPETITIVE SAILBOAT RACING, THROUGH WHICH PROFICIENT SEAMANSHIP AND SPORTSMANSHIP ARE PRACTICED, PROMOTED AND ENCOURAGED. WYC ALSO SEEKS TO PROVIDE EDUCATIONAL SEMINARS AND PRACTICAL APPLICATION OF LEARNED SKILLS. 16 16 22 49 8159 0 0 0 710309 679234 980 3383 0 0 711289 682617 0 0 0 0 81452 75610 0 0 0 567271 633091 648723 708701 62566 -26084 1477276 1591639 389175 524822 1088101 1066817 THE PURPOSE OF WYC IS TO PROMOTE AND DEVELOP ACTIVE AND COMPETITIVE SAILBOAT RACING, THROUGH WHICH PROFICIENT SEAMANSHIP AND SPORTSMANSHIP ARE PRACTICED, PROMOTED AND ENCOURAGED. WYC ALSO SEEKS TO PROVIDE EDUCATIONAL SEMINARS AND PRACTICAL APPLICATION OF LEARNED SKILLS. 0 0 THE WAYZATA YACHT CLUB (WYC) OVERSEES ONE OF THE LARGEST SAILBOAT RACING PROGRAMS IN THE UNITED STATES. OUR LAKE MINNETONKA RACING PROGRAMS INCLUDE OVER 65 KEEL BOAT RACES EACH SEASON, CONDUCTED PRIMARILY IN 22-25' KEELBOATS, WITH PARTICIPATION OF UP TO 130 BOATS FOR EVENING RACES. THE WAYZATA YACHT CLUB ALSO SPONSORS RACING IN THE APOSTLE ISLANDS OF LAKE SUPERIOR VIA OUR APOSTLE ISLANDS STATION (AIS) IN BAYFIELD, WI. THIS BIG BOAT SCHEDULE INCLUDES BOTH BUOY RACING AND OFF-SHORE SAILING WITH BOATS THAT COMPETE THROUGHOUT THE GREAT LAKES. SEMINARS ARE PRESENTED FOR ADULT AND YOUTH SAILORS TO MAKE AVAILABLE CONTINUED SAILING EDUCATION AND EXPERIENCES. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 8 0 22 1 1 1 0 0 0 0 4800 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 0 0 MN X HOLLY CONNOLLY 9524767100 3033 CAMPUS DRIVE SUITE E590 PLYMOUTH MN 55441 THORN TURNER REAR COMMODORE 5.00 X X 0 0 0 PAUL QUAST COMMODORE 10.00 X X 0 0 0 RICH BAKER VICE COMMODORE 5.00 X X 0 0 0 BARBARA SPELTZ DIRECTOR 5.00 X 0 0 0 JONATHAN MCDONAGH DIRECTOR 5.00 X 0 0 0 TERRY FOSTER DIRECTOR 5.00 X 0 0 0 MIKE SCHMID SECRETARY 5.00 X X 0 0 0 NILS BRENNOM DIRECTOR 5.00 X 0 0 0 DEREK SCHMIT DIRECTOR 5.00 X 0 0 0 JOHN RAINALDI DIRECTOR 5.00 X 0 0 0 CHANDRA WOBSCHALL TREASURER 5.00 X X 0 0 0 KURTIS WINTHEISER DIRECTOR 5.00 X 0 0 0 ERIC LUNDEEN DIRECTOR 5.00 X 0 0 0 ANDY SPENCE-PARSONS DIRECTOR 5.00 X 0 0 0 MONICA MYERS DIRECTOR 5.00 X 0 0 0 UA MONCUR DIRECTOR 5.00 X 0 0 0 0 0 0 0 0 0 0 0 MOORING FEES 711210 456620 456620 MEMBERSHIP DUES 711210 173434 173434 SOCIAL ACTIVITIES 711210 44404 44404 SEMINARS AND REGATTAS 711210 4776 4776 679234 3383 3383 682617 674458 8159 0 X 70233 5377 2471 27050 5773 6401 24418 110957 47952 MOORING MAINTENANCE 77394 RACE EXPENSE 57824 BUILDING GROUNDS MAINTE 53448 REAL ESTATE TAXES 51847 167556 708701 94598 42695 291189 94571 2662844 1658471 1091489 1004373 0 450000 1477276 1591639 1506 2112 387669 522710 389175 524822 X 284275 289075 0 0 803826 777742 1088101 1066817 1477276 1591639 X -26084 4800 X 0 0 0 577571 524105 53466 1135251 765239 370012 950022 369127 580895 1004373 DEPOSITS 450000 450000 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CONSISTS OF FULL, PROVISIONAL, SKIPPER, CREW, POWERBOAT SKIPPER, HONORARY AND ASSOCIATION MEMBERSHIPS. FORM 990, PART VI, SECTION A, LINE 7A FULL MEMBERS ELECT OFFICERS AND DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PRESENTED TO THE WAYZATA YACHT CLUB BOARD OF DIRECTORS AND REVIEWED BY THE TREASURER, MOTION WAS MADE, AND SECONDED, TO APPROVE THIS FILING IN ITS ENTIRETY. REVIEW INCLUDED FINANCIAL, FACTUAL DATA, GOVERNANCE, MANAGEMENT, DISCLOSURE AND ORGANIZATION INFORMATION. FORM 990, PART VI, SECTION B, LINE 15A BOARD OF DIRECTORS DETERMINES MANAGEMENT COMPANY COMPENSATION PER THREE-YEAR CONTRACTUAL AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E COMMITTEE BOAT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,754. ANNUAL BANQUET: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,147. TROPHIES EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,072. SOCIAL ACTIVITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,936. UTILITIES AND TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,688. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,611. PERMITS AND LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,484. POSTAGE AND PRINTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,269. SEMINAR EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,595. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERSHIP CERTIFICATE FEES 4,800. WAYZATA SAILING FOUNDATION PO BOX 768 WAYZATA MN 55391 411986402 SAILING EDUCATION MN 501(C)(3) RELATED N/A 0 1 1 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0