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Nonprofit · EIN 23-7186112

STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC

Tax-exempt · STURGEON BAY, WI 54235

Financials

$146K$60K2023$379K$50K2024
Revenue Expenses · by fiscal year end
Financials of STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$378,961$49,848$329,113$702,537$10,184$692,353
December 31, 2023990$145,836$60,424$85,412$383,770$20,531$363,239
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$333,973
Program service revenue
$21,400
Investment income
$4,983
Net rental income
$6,849
Net income from fundraising events
$10,877
Net income from sales of inventory
$879
Other revenue
$18,605

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,190
Depreciation
$3,422
Program services (functional)
$42,331
Management and general (functional)
$7,517

Balance sheet and other

Total assets, start of year
$383,770
Total assets, end of year
$702,537
Total liabilities, end of year
$10,184
Net assets, end of year
$692,353
Land, buildings and equipment
$337,171
Net assets without donor restrictions
$365,531
Net assets with donor restrictions
$326,822
Gross receipts
$440,463
Employees
0
Volunteers
21
Year formed
1968
State of legal domicile
WI

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
AMY WAGNERPAST COMMODO
Trustee or director, Officer
1.3$0
BRIAN MATYSIAKREAR COMMODO
Trustee or director, Officer
0$0
JOHN ERIC PAULSENCOMMODORE
Trustee or director, Officer
0.4$0
INGE BACONTREASURER
Trustee or director, Officer
0$0
ZACHARY BUCHTAJUDGE ADVOCA
Trustee or director, Officer
0$0
TOM FOSTERSECRETARY
Trustee or director, Officer
0$0
ED EICKENBERGDIRECTOR
Trustee or director
0.2$0
BRIAN SCHWIDERSKIDIRECTOR
Trustee or director
0$0
CAIN GOETTELMANDIRECTOR
Trustee or director
7$0
CHRIS DEPREYDIRECTOR
Trustee or director
0.1$0
ABBY HANSENDIRECTOR
Trustee or director
0$0
GEORGE KEELERDIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
ED PIECHNAPAST COMMODO
Trustee or director, Officer
0.1$0
AMY WAGNERVICE COMMODO
Trustee or director, Officer
1.9$0
JON BURKREAR COMMODO
Trustee or director, Officer
0$0
JOHN ERIC PAULSENCOMMODORE
Trustee or director, Officer
0.5$0
INGE BACONTREASURER
Trustee or director, Officer
0$0
JENNIFER HOBARTJUDGE ADVOCA
Trustee or director, Officer
0$0
TOM FOSTERSECRETARY
Trustee or director, Officer
0$0
ED EICKENBERGBOARD MEMBER
Trustee or director
0.2$0
TERRY RIKERBOARD MEMBER
Trustee or director
0.5$0
DAVID SCHANOCKBOARD MEMBER
Trustee or director
0$0
BRIAN SCHWIDERSKIBOARD MEMBER
Trustee or director
0$0
CAIN GOETTELMANBOARD MEMBER
Trustee or director
9.6$0
CHRIS DEPREYBOARD MEMBER
Trustee or director
0$0
MICHAEL SALISBURYBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
600 NAUTICAL DR, STURGEON BAY, WI 54235-1982
In care of
% STURGEON BAY YACHT CLUB
Mailing address (990-N for 2018)
600 NAUTICAL DR, STURGEON BAY WI 54235
Principal officer (990 for 2024)
JOHN ERIC PAULSEN, 165 N 3RD AVE, STURGEON BAY, WI 54235
Principal officer (990-N for 2018)
MICHAEL CLUMPNER, 4249 BAYVIEW DR, STURGEON BAY WI 54235
Signed the 990
INGE BACON, TREASURER
Phone
(920) 743-6934
Return prepared by
BACON CPA LLC

Mission

THE MISSION OF THE SAIL TRAINING FOUNDATION IS: 1. TO TRAIN PERSONS IN ALL ASPECTS OF BOATING AND WATER SAFETY; 2. TO HOLD TITLE TO AND MAINTAIN WATERCRAFT AND RELATED EQUIPMENT; 3. TO ENGAGE IN OTHER LAWFUL ACTIVITY WHATSOEVER, DIRECTLY CONCERNED WITH THE FOREGOING, OR WHICH IS CALCULATED DIRECTLY OR INDIRECTLY TO PROMOTE THE INTEREST OF PERSONS IN WATERCRAFT AND WATER SAFETY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SAILING AND SAFETY INSTRUCTIONS TO MEMBERS OF THE COMMUNITY.
    Expenses $42,331 · revenue $21,400

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
23-7186112
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$702,537
Income (IRS master file)
$440,463

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$378,961$49,848$702,537XML
990December 2023$145,836$60,424$383,770XML
990-TDecember 2023–––IRS
990December 2022$77,181$48,931$298,308IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990-N for 2018
Officer: MICHAEL CLUMPNER
December 31, 2018≤ $50,000 receipts––e-Postcard

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 23-7186112).

Questions about STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC

What is the EIN of STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC?
The employer identification number (EIN) of STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC is 23-7186112.
Is STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC 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 STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC 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 STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JOHN ERIC PAULSEN.
Who are the officers and directors of STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $378,961, expenses of $49,848 and total assets of $702,537 at year end.

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