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Nonprofit · EIN 38-2198482

GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC

Tax-exempt · SAULT S MARIE, MI 49783

Financials

$1.3M$1M2023$1.6M$1.2M2024$1.5M$1.4M2025
Revenue Expenses · by fiscal year end
Financials of GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,514,677$1,431,638$83,039$4,718,009$196,513$4,521,496
December 31, 2024990$1,577,528$1,150,552$426,976$4,619,473$173,354$4,446,119
December 31, 2023990$1,272,326$1,009,696$262,630$4,188,612$173,887$4,014,725
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$174,498
Program service revenue
$1,141,570
Investment income
$8,060
Net income from sales of inventory
$80,224
Other revenue
$190,549

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$129,100
Other salaries and wages
$306,357
Salaries, compensation and benefits (total)
$484,793
Professional fundraising fees
$0
Accounting fees
$28,200
Occupancy
$12,541
Travel
$32,199
Depreciation
$243,204
Program services (functional)
$1,071,228
Management and general (functional)
$250,653
Fundraising (functional)
$109,757

Balance sheet and other

Total assets, start of year
$4,619,473
Total assets, end of year
$4,718,009
Total liabilities, end of year
$196,513
Net assets, end of year
$4,521,496
Land, buildings and equipment
$2,722,452
Publicly traded securities
$30,252
Gross unrelated business income
$12,331
Gross receipts
$2,941,024
Employees
36
Year formed
1978
State of legal domicile
MI

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BRUCE LYNNEXECUTIVE DI
Officer
–$129,100$3,873
TERRY BEGNOCHEDIRECTOR
Trustee or director
–$0$0
PAUL C LAMARRE IIIDIRECTOR
Trustee or director
–$0$0
SHELLEY KOSTERDIRECTOR
Trustee or director
–$0$0
C PATRICK LABADIEDIRECTOR
Trustee or director
–$0$0
RIC MIXTERDIRECTOR
Trustee or director
–$0$0
KWIN MORRISDIRECTOR
Trustee or director
–$0$0
WILLIAM SPRINGERDIRECTOR
Trustee or director
–$0$0
DAVID STEELEDIRECTOR
Trustee or director
–$0$0
CHRIS WINTERSDIRECTOR
Trustee or director
–$0$0
JODIE BISSONETTEVICE PRESIDE
Officer
–$0$0
DAVID TURNERSECRETARY
Officer
–$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
BRUCE LYNNEXECUTIVE DI
Officer
40$117,175$3,515
TERRY BEGNOCHEDIRECTOR
Trustee or director
–$0$0
PAUL C LAMARRE IIIDIRECTOR
Trustee or director
–$0$0
SHELLEY KOSTERDIRECTOR
Trustee or director
–$0$0
C PATRICK LABADIEDIRECTOR
Trustee or director
–$0$0
RIC MIXTERDIRECTOR
Trustee or director
–$0$0
KWIN MORRISDIRECTOR
Trustee or director
–$0$0
WILLIAM SPRINGERDIRECTOR
Trustee or director
–$0$0
DAVID STEELEDIRECTOR
Trustee or director
–$0$0
CHRIS WINTERSDIRECTOR
Trustee or director
–$0$0
JODIE BISSONETTEVICE PRESIDE
Officer
–$0$0
DAVID TURNERSECRETARY
Officer
–$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
BRUCE LYNNEXECUTIVE DI
Officer
40$99,488$2,985
TERRY BEGNOCHEDIRECTOR
Trustee or director
–$0$0
TOM CROSSMONDIRECTOR
Trustee or director
–$0$0
PAUL C LAMARRE IIIDIRECTOR
Trustee or director
–$0$0
SHELLEY KOSTERDIRECTOR
Trustee or director
–$0$0
C PATRICK LABADIEDIRECTOR
Trustee or director
–$0$0
GORDON LACODIRECTOR
Trustee or director
–$0$0
WILLIAM MCLEODPRESIDENT
Trustee or director, Officer
–$0$0
RIC MIXTERDIRECTOR
Trustee or director
–$0$0
KWIN MORRISDIRECTOR
Trustee or director
–$0$0
WILLIAM SPRINGERDIRECTOR
Trustee or director
–$0$0
DAVID STEELEDIRECTOR
Trustee or director
–$0$0
CHRIS WINTERSDIRECTOR
Trustee or director
–$0$0
JODIE BISSONETTEVICE PRESIDE
Officer
–$0$0
MATT HOWARDTREASURER
Officer
–$0$0
DAVID TURNERSECRETARY
Officer
–$0$0

Address and contacts

Address (IRS master file)
400 W PORTAGE AVE, SAULT S MARIE, MI 49783-1993
Principal officer (990 for 2025)
BRUCE LYNN, 400 WEST PORTAGE, SAULT SAINTE MARIE, MI 49783
Signed the 990
BRUCE LYNN, EXECUTIVE DIRECTOR
Phone
(906) 635-1757
Return prepared by
LORI LANGENDORF CPA

Mission

TO PROMOTE AND AUGMENT AN UNDERSTANDING AND APPRECIATION OF MARITIME HISTORY WITH PARTICULAR EMPHASIS ON THE GREAT LAKES MUSEUM FACILITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROMOTE AND AUGMENT AND UNDERSTANDING AND APPRECIATION OF MARITIME HISTORY WITH PARTICULAR EMPHASIS ON THE GREAT LAKES FACILITIES INCLUDING IDENTIFICATION, PRESERVATION AND RESTORATION.
    Expenses $1,071,228

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-2198482
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
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,718,009
Income (IRS master file)
$2,941,024

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,514,677$1,431,638$4,718,009XML
990-TDecember 2025–––IRS
990December 2024$1,577,528$1,150,552$4,619,473XML
990-TDecember 2024–––IRS
990December 2023$1,272,326$1,009,696$4,188,612XML
990-TDecember 2023–––IRS
990December 2022$1,226,774$943,609$3,917,790IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 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 38-2198482).

Questions about GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC

What is the EIN of GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC?
The employer identification number (EIN) of GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC is 38-2198482.
Is GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREAT LAKES SHIPWRECK HISTORICAL SOCIETY 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 GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC?
The 990 for the year ended December 31, 2025 names BRUCE LYNN.
Who are the officers and directors of GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $129,100 (BRUCE LYNN, EXECUTIVE DI).
How much revenue does GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,514,677, expenses of $1,431,638 and total assets of $4,718,009 at year end.

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