Nonprofit · EIN 41-6084924
SOUTH SHORE YACHT CLUB
Tax-exempt · MILWAUKEE, WI 53207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,213,409 | $1,369,832 | -$156,423 | $2,868,884 | $1,598,577 | $1,270,307 |
| December 31, 2023 | 990 | $1,282,342 | $1,458,261 | -$175,919 | $3,112,731 | $1,686,001 | $1,426,730 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,240
- Program service revenue
- $1,114,269
- Investment income
- $4,755
- Net gain from sales of assets
- $143
- Net income from sales of inventory
- $27,753
- Other revenue
- $81,145
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $105,095
- Other salaries and wages
- $257,044
- Salaries, compensation and benefits (total)
- $421,810
- Professional fundraising fees
- $0
- Legal fees
- $1,135
- Accounting fees
- $19,450
- Occupancy
- $159,767
- Depreciation
- $126,676
Balance sheet and other
- Total assets, start of year
- $3,112,731
- Total assets, end of year
- $2,868,884
- Total liabilities, end of year
- $1,598,577
- Net assets, end of year
- $1,270,307
- Land, buildings and equipment
- $1,303,683
- Net assets without donor restrictions
- $1,270,307
- Gross unrelated business income
- $56,189
- Gross receipts
- $2,109,479
- Employees
- 68
- Volunteers
- 221
- Year formed
- 1913
- 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 | Other / benefits |
|---|---|---|---|---|
| KATHERINE NEWTON | GENERAL MANAGER - JAN-MAY Officer | 50 | $48,120 | $5,710 |
| MICHAEL MORTELL | GENERAL MANAGER - SEPT-DEC Officer | 50 | $26,827 | $0 |
| WALTER SHUMPERT | GENERAL MANAGER - JUNE-AUG Officer | 50 | $24,066 | $0 |
| MARK HUMPHREY | COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| BECKY ARCHIBALD | VICE COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| TONY HETCHLER | REAR COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| SCOTT BURKE | CORRESPONDING SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| MARK VERHEIN | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| SALLY PARENTE | FINANCIAL SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| SCOTT LANGLOIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CHERYL KELLY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOE ARCARA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMELIA BIFANO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CHRIS MASON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DICK OLSON | IMMEDIATE PAST COMMODORE Trustee or director | 5 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN ALBERTE | DIRECTOR Trustee or director | 5 | $0 |
| DILLON MCCANNON | DIRECTOR Trustee or director | 5 | $0 |
| PAUL BOERSMA | DIRECTOR Trustee or director | 5 | $0 |
| CHERI KENT | DIRECTOR Trustee or director | 5 | $0 |
| PAUL SCHWAB | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHERINE NEWTON | GENERAL MANAGER Officer | 50 | $142,325 | $12,417 |
| MARK HUMPHREY | COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| BECKY ARCHIBALD | VICE COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| TONY HETCHLER | REAR COMMODORE Trustee or director, Officer | 5 | $0 | $0 |
| PAUL BARGREN | CORRESPONDING SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| THOMAS KINGSTON | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| SALLY PARENTE | FINANCIAL SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| SCOTT LANGLOIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| BRAD KYLE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CHERYL KELLY | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOE ARCARA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| AMELIA BIFANO | DIRECTOR Trustee or director | 5 | $0 | $0 |
| DICK OLSON | IMMEDIATE PAST COMMODORE Trustee or director | 5 | $0 | $0 |
| CHRIS MASON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ANDREW VAN SICKLE | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOHN SUTPHEN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CHERI KENT | DIRECTOR Trustee or director | 5 | $0 | $0 |
| PAUL BOERSMA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SCOTT BURKE | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2300 E NOCK ST, MILWAUKEE, WI 53207-2360
- In care of
- % JOENA VITALE
- Principal officer (990 for 2024)
- MARK HUMPHREY, 2300 E NOCK ST, MILWAUKEE, WI 53207
- Signed the 990
- MARK HUMPHREY, COMMODORE
- Phone
- (414) 481-2331
- Website
- WWW.SSYC.ORG
- Return prepared by
- REILLY PENNER & BENTON LLP
Mission
TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN.
Program accomplishments
- TO DEVELOP AND ENCOURAGE COMPETITIVE AND RECREATIONAL BOATING, SPORTSMANSHIP, AND BOATING SAFETY ON LAKE MICHIGAN.
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
- 41-6084924
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1951
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,868,884
- Income (IRS master file)
- $2,109,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,213,409 | $1,369,832 | $2,868,884 | XML |
| 990 | December 2023 | $1,282,342 | $1,458,261 | $3,112,731 | XML |
| 990 | December 2022 | $1,330,024 | $1,479,878 | $3,365,162 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 41-6084924).
Questions about SOUTH SHORE YACHT CLUB
- What is the EIN of SOUTH SHORE YACHT CLUB?
- The employer identification number (EIN) of SOUTH SHORE YACHT CLUB is 41-6084924.
- Is SOUTH SHORE YACHT CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1951.
- Are donations to SOUTH SHORE YACHT CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTH SHORE YACHT CLUB 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 SOUTH SHORE YACHT CLUB 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 SOUTH SHORE YACHT CLUB 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 SOUTH SHORE YACHT CLUB?
- The 990 for the year ended December 31, 2024 names MARK HUMPHREY.
- Who are the officers and directors of SOUTH SHORE YACHT CLUB?
- The 990 for the year ended December 31, 2024 lists 20 people; 3 received compensation from the organization, the highest $48,120 (KATHERINE NEWTON, GENERAL MANAGER - JAN-MAY).
- How much revenue does SOUTH SHORE YACHT CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,213,409, expenses of $1,369,832 and total assets of $2,868,884 at year end.
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