Nonprofit · EIN 39-1674313
SHERMALOT WATER SKI CLUB INC
Tax-exempt (reinstated) · WISC RAPIDS, WI 54494
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $90,500 | $50,983 | $39,517 | $525,485 | $0 | $525,485 |
| December 31, 2023 | 990 | $113,826 | $48,561 | $65,265 | $485,968 | $0 | $485,968 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,495
- Membership dues
- $2,495
- Program service revenue
- $81,538
- Investment income
- -$9,215
- Net gain from sales of assets
- -$9,215
- Net income from sales of inventory
- $176
- Other revenue
- $15,682
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $4,287
- Program services (functional)
- $50,983
Balance sheet and other
- Total assets, start of year
- $485,968
- Total assets, end of year
- $525,485
- Total liabilities, end of year
- $0
- Net assets, end of year
- $525,485
- Land, buildings and equipment
- $479,141
- Gross receipts
- $190,715
- Employees
- 0
- Year formed
- 1975
- 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 |
|---|---|---|---|
| LUCAS MANNING | DIRECTOR Trustee or director | 1 | $0 |
| CARTER LEWALLEN | DIRECTOR Trustee or director | 1 | $0 |
| KURT GROSS | DIRECTOR Trustee or director | 1 | $0 |
| DAN BENNETT | DIRECTOR Trustee or director | 1 | $0 |
| PETE KOEHLER | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN DALIEGE | PRESIDENT Officer | 7 | $0 |
| RAEFE GROSS | VICE PRESIDENT Officer | 1 | $0 |
| JONNY MOORE | TREASURER Officer | 5 | $0 |
| JENNY GUTNECHT | SECRETARY Officer | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY WENGER | DIRECTOR Trustee or director | 1 | $0 |
| CARTER LEWALLEN | DIRECTOR Trustee or director | 1 | $0 |
| KURT GROSS | DIRECTOR Trustee or director | 1 | $0 |
| DAN BENNETT | DIRECTOR Trustee or director | 1 | $0 |
| PETE KOEHLER | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN DALIEGE | PRESIDENT Officer | 7 | $0 |
| RAEFE GROSS | VICE PRESIDENT Officer | 1 | $0 |
| JONNY MOORE | TREASURER Officer | 5 | $0 |
| JENNY GUTNECHT | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2211 AIRPORT AVE, WISC RAPIDS, WI 54494-6779
- Principal officer (990 for 2024)
- JONNY MOORE, 2211 AIRPORT AVENUE, WISCONSIN RAPIDS, WI 54494
- Signed the 990
- JONNY MOORE, TREASURER
- Phone
- (303) 808-5449
- Website
- www.shermalotskiteam.com
- Return prepared by
- Accounting Advantage LLC
Mission
SHERMALOT ROOKIES WATER SKI CLUB INC IS COMMITTED TO MAKING OUR COMMUNITY A BETTER PLACE THROUGH HEALTY, FAMILY-FOCUSED ENTERTAINMENT, COMMUNITY SERVICE AND LEADERSHIP ADVOCACY IN YOUTH.
Program accomplishments
- EDUCATION AND COMMUNITY OUTREACHExpenses $31,116 · revenue $81,538
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
- 39-1674313
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $525,485
- Income (IRS master file)
- $190,715
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective February 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $90,500 | $50,983 | $525,485 | XML |
| 990 | December 2023 | $113,826 | $48,561 | $485,968 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 39-1674313).
Questions about SHERMALOT WATER SKI CLUB INC
- What is the EIN of SHERMALOT WATER SKI CLUB INC?
- The employer identification number (EIN) of SHERMALOT WATER SKI CLUB INC is 39-1674313.
- Is SHERMALOT WATER SKI CLUB INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective February 15, 2012.
- Are donations to SHERMALOT WATER SKI CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHERMALOT WATER SKI 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 SHERMALOT WATER SKI 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 SHERMALOT WATER SKI 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 SHERMALOT WATER SKI CLUB INC?
- The 990 for the year ended December 31, 2024 names JONNY MOORE.
- Who are the officers and directors of SHERMALOT WATER SKI CLUB INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does SHERMALOT WATER SKI CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $90,500, expenses of $50,983 and total assets of $525,485 at year end.
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