Nonprofit · EIN 23-7186112
STURGEON BAY YACHT CLUB SAIL TRAINING FOUNDATION INC
Tax-exempt · STURGEON BAY, WI 54235
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $378,961 | $49,848 | $329,113 | $702,537 | $10,184 | $692,353 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY WAGNER | PAST COMMODO Trustee or director, Officer | 1.3 | $0 |
| BRIAN MATYSIAK | REAR COMMODO Trustee or director, Officer | 0 | $0 |
| JOHN ERIC PAULSEN | COMMODORE Trustee or director, Officer | 0.4 | $0 |
| INGE BACON | TREASURER Trustee or director, Officer | 0 | $0 |
| ZACHARY BUCHTA | JUDGE ADVOCA Trustee or director, Officer | 0 | $0 |
| TOM FOSTER | SECRETARY Trustee or director, Officer | 0 | $0 |
| ED EICKENBERG | DIRECTOR Trustee or director | 0.2 | $0 |
| BRIAN SCHWIDERSKI | DIRECTOR Trustee or director | 0 | $0 |
| CAIN GOETTELMAN | DIRECTOR Trustee or director | 7 | $0 |
| CHRIS DEPREY | DIRECTOR Trustee or director | 0.1 | $0 |
| ABBY HANSEN | DIRECTOR Trustee or director | 0 | $0 |
| GEORGE KEELER | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ED PIECHNA | PAST COMMODO Trustee or director, Officer | 0.1 | $0 |
| AMY WAGNER | VICE COMMODO Trustee or director, Officer | 1.9 | $0 |
| JON BURK | REAR COMMODO Trustee or director, Officer | 0 | $0 |
| JOHN ERIC PAULSEN | COMMODORE Trustee or director, Officer | 0.5 | $0 |
| INGE BACON | TREASURER Trustee or director, Officer | 0 | $0 |
| JENNIFER HOBART | JUDGE ADVOCA Trustee or director, Officer | 0 | $0 |
| TOM FOSTER | SECRETARY Trustee or director, Officer | 0 | $0 |
| ED EICKENBERG | BOARD MEMBER Trustee or director | 0.2 | $0 |
| TERRY RIKER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAVID SCHANOCK | BOARD MEMBER Trustee or director | 0 | $0 |
| BRIAN SCHWIDERSKI | BOARD MEMBER Trustee or director | 0 | $0 |
| CAIN GOETTELMAN | BOARD MEMBER Trustee or director | 9.6 | $0 |
| CHRIS DEPREY | BOARD MEMBER Trustee or director | 0 | $0 |
| MICHAEL SALISBURY | BOARD 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $378,961 | $49,848 | $702,537 | XML |
| 990 | December 2023 | $145,836 | $60,424 | $383,770 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $77,181 | $48,931 | $298,308 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 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.
Other nonprofits in STURGEON BAY
- DOOR COUNTY MEMORIAL HOSPITAL EIN 39-0806324 · last filed 990 for 2025
- DOOR COUNTY COMMUNITY FOUNDATION INC EIN 39-1980685 · last filed 990 for 2025
- WHITETAILS UNLIMITED INC EIN 39-1415070 · last filed 990 for 2025
- DOOR COUNTY VISITOR BUREAU INC EIN 39-0247160 · last filed 990 for 2025
- DOOR COUNTY YMCA INC EIN 39-1738982 · last filed 990 for 2025
- DOOR COUNTY LAND TRUST INC EIN 39-1561423 · last filed 990 for 2024
- DOOR COUNTY MARITIME MUSEUM & LIGHTHOUSE PRESERVATION SOCIETY IN EIN 23-7054730 · last filed 990 for 2025
- STURGEON BAY HISTORICAL SOCIETY FOUNDATION INC EIN 81-4362375 · last filed 990 for 2024