Nonprofit · EIN 39-1033318
HARBOR LITE YACHT CLUB INC
Tax-exempt · RACINE, WI 53402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $272,484 | $261,490 | $10,994 | $222,311 | $116,139 | $106,172 |
| December 31, 2023 | 990 | $266,673 | $259,007 | $7,666 | $191,929 | $104,598 | $87,331 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,406
- of which government grants
- $24,406
- Program service revenue
- $74,097
- Investment income
- $83
- Net rental income
- $6,990
- Net income from sales of inventory
- $161,574
- Other revenue
- $173,898
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $96,589
- Salaries, compensation and benefits (total)
- $105,028
- Professional fundraising fees
- $0
- Legal fees
- $6,535
- Occupancy
- $38,754
- Depreciation
- $16,694
Balance sheet and other
- Total assets, start of year
- $191,929
- Total assets, end of year
- $222,311
- Total liabilities, end of year
- $116,139
- Net assets, end of year
- $106,172
- Land, buildings and equipment
- $109,115
- Net assets without donor restrictions
- $106,172
- Gross unrelated business income
- $3,056
- Gross receipts
- $381,458
- Employees
- 9
- Volunteers
- 200
- Year formed
- 1964
- 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 |
|---|---|---|---|
| KENNETH GALL | COMMODORE Trustee or director, Officer | – | $0 |
| SCOTT FLOYD | VICE COMMODO Trustee or director | – | $0 |
| MIKE ROSSMAN | REAR COMMODO Officer | – | $0 |
| CYNDI KNAPP-FINLEY | SECRETARY Trustee or director, Officer | – | $0 |
| HEIDI KAPPA | TREASURER Trustee or director, Officer | – | $0 |
| JAMES MOES | DIRECTOR Trustee or director, Officer | – | $0 |
| CRAIG HARRIS | DIRECTOR Trustee or director | – | $0 |
| DWIGHT GEISLER | DIRECTOR Trustee or director | – | $0 |
| HERB KATT | DIRECTOR Trustee or director | – | $0 |
| FAWN LIPKE | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH GALL | COMMODORE Trustee or director, Officer | 8 | $0 |
| SCOTT FLOYD | VICE COMMODO Trustee or director | 3 | $0 |
| WENDY CHRISTENSEN | REAR COMMODO Trustee or director, Officer | 3 | $0 |
| CYNDI KNAPP-FINLEY | SECRETARY Trustee or director, Officer | 2 | $0 |
| HEIDI KAPPA | TREASURER Trustee or director, Officer | 18 | $0 |
| MIKE ROSSMAN | DIRECTOR Trustee or director | 1 | $0 |
| JAMES MOES | DIRECTOR Trustee or director, Officer | 1 | $0 |
| CRAIG HARRIS | DIRECTOR Trustee or director | 1 | $0 |
| DWIGHT GEISLER | DIRECTOR Trustee or director | 1 | $0 |
| HERB KATT | DIRECTOR Trustee or director | 1 | $0 |
| FAWN LIPKE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 559 STATE ST, RACINE, WI 53402-5131
- Principal officer (990 for 2024)
- KENNETH GALL
- Signed the 990
- KENNETH GALL, COMMODORE
- Phone
- (262) 634-9280
- Website
- WWW.HABORLITE.ORG
- Return prepared by
- 415 CPAS LTD
Mission
THE PRIMARY PURPOSE OF THE CLUB IS TO PROMOTE AND ENCOURAGE AN INTEREST IN AMATEUR YACHTING, CRUISING, SEAMANSHIP, AND TO PROVIDE A FACILITY FOR THE PLEASURE AND RECREATION OF THE MEMBERSHIP.
Program accomplishments
- THE PRIMARY PURPOSE OF THE CLUB IS TO PROMOTE AND ENCOURAGE AN INTEREST IN AMATEUR YACHTING, CRUISING, SEAMANSHIP, AND TO PROVIDE A FACILITY FOR THE PLEASURE AND RECREATION OF THE MEMBERSHIP.
- THE PRIMARY PURPOSE OF THE CLUB IS TO PROMOTE AND ENCOURAGE AN INTEREST IN AMATEUR YACHTING, CRUISING, SEAMANSHIP, AND TO PROVIDE A FACILITY FOR THE PLEASURE AND RECREATION OF THE MEMBERSHIP.
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
- 39-1033318
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $222,311
- Income (IRS master file)
- $381,458
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $272,484 | $261,490 | $222,311 | IRS |
| 990 | December 2023 | $266,673 | $259,007 | $191,929 | XML |
| 990 | December 2022 | $229,720 | $233,202 | $197,442 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 39-1033318).
Questions about HARBOR LITE YACHT CLUB INC
- What is the EIN of HARBOR LITE YACHT CLUB INC?
- The employer identification number (EIN) of HARBOR LITE YACHT CLUB INC is 39-1033318.
- Is HARBOR LITE YACHT CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7).
- Are donations to HARBOR LITE YACHT CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HARBOR LITE YACHT CLUB 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 HARBOR LITE YACHT CLUB 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 HARBOR LITE YACHT CLUB 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 HARBOR LITE YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 names KENNETH GALL.
- Who are the officers and directors of HARBOR LITE YACHT CLUB INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does HARBOR LITE YACHT CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $272,484, expenses of $261,490 and total assets of $222,311 at year end.
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