EIN: 38-1642000 · PORT HURON, MI · Data spans: TY2020–TY2024
Most recent filing: Tax Year 2024.
A more recent filing may not yet be published.
Sailing's public record, made legible. All numbers come directly from this organization's own sworn 990 filing. Patterns are computed from years of filings — not assessments or judgments.
Read trends in context: compare like with like, note the filing year, and treat major disruptions (like 2020–2021) as discontinuities rather than a continuous baseline.
Missing or N/A does not always mean absent. It can mean the item was not disclosed on that form, not collected on that filing type, or not available for that year.
$497,207
$384,030
$2,821,370
$2,438,063
0 W-2 employees reported (Form W-3, most recent filing — contractors and volunteers excluded) · TY2024 · 990
Total compensation, benefits & payroll taxes (Part IX)
TY2024$0
Full cost to employ everyone — wages + employer benefits + payroll taxes. Not officer pay alone.
Named officers/key employees (Part VII‑A) show reportable compensation only and are already included in the Part IX total above. They are not additive.
Professional & consulting fees (Part IX, line 11)
No professional or consulting fees reported in Part IX for TY2024.
Functional Expense Allocation (Part IX)
TY2024$384,030total functional expenses
Source: Form 990, Part IX, line 25. Functional allocation percentages are not itemized in this filing data for the selected year.
Historical Trends
Revenue vs. Expenses
Net Revenue / Operating Margin
Net Assets
Financial Health Snapshot
Derived from IRS 990 filings. Figures are as reported — they reflect a single point in time and should be read alongside the full filing history and program context above. No benchmark is a verdict.
Operating Margin
Net revenue as a share of total revenue. Positive = surplus; negative = deficit.
Sector context: sailing organizations typically run thin margins by design. A small surplus signals structural balance; a deficit is not automatically a warning without multi-year trend context.
Cash reserve (months)
Cash and short-term investments divided by average monthly expense.
A common practitioner benchmark: 3–6 months of unrestricted reserves provides a buffer for seasonal revenue gaps or unexpected costs. This figure is not a compliance threshold.
Revenue Change (YoY)
Change in total revenue from TY2023 to TY2024.
A single year of revenue change is a data point, not a trend. See the historical trends above for multi-year pattern context.
Revenue Trend
| Tax Year | Period | Form | Revenue | Expenses | Net Revenue | Net Assets |
|---|---|---|---|---|---|---|
| TY2020 | 2020–2021 | 990 | $355,182 | $254,015 | $101,167 | $1,997,139 |
| TY2021 | 2020–2021 | 990 | $423,333 | $328,224 | $95,109 | $2,092,248 |
| TY2022 | 2022+ | 990 | $518,012 | $385,049 | $132,963 | $2,225,211 |
| TY2023 | 2022+ | 990 | $556,481 | $456,806 | $99,675 | $2,324,886 |
| TY2024 | 2022+ | 990 | $497,207 | $384,030 | $113,177 | $2,438,063 |
Revenue trend is a filing-history view. It helps you compare operating periods, not infer the club's live condition today.
Revenue Breakdown (Part VIII — most recent year)
Form 990, Part VIII — Statement of Revenue. Includes, but is not limited to: Line 1 = contributions and grants (including member dues reported as contributions). Lines 2a–2f = program service revenue (activities that directly further the organization's exempt purpose). Line 3 = investment income. The specific mix varies by organization type. Source: the organization's own sworn filing.
| Line | Description | Amount |
|---|---|---|
| 11a | CONTRIBUTION INCOME | $10,940 |
| 11b | MISC INCOME | $1,090 |
| 12 | Total revenue | $497,207 |
| 1b | Membership dues | $169,173 |
| 1h | Total contributions and grants | $169,173 |
| 2a | BOAT LAUNCH & HAUL OUT | $17,374 |
| 2b | MOORING, STORAGE & CLUB | $113,058 |
| 2c | RACE PROGRAM | $7,434 |
| 2d | SALE OF PHYC LOGO | $29,790 |
| 2e | SPECIAL EVENTS | $70,941 |
| 2f | Total program service revenue | $241,287 |
| 3 | Investment income | $8,405 |
Most revenue is reported in a single category this year. That can be normal for some org types; see the source filing for detail.
Balance Sheet (Part X)
TY2024| Line | Description | BOY | EOY |
|---|---|---|---|
| 16 | Total assets | $2,767,461 | $2,821,370 |
| 26 | Total liabilities | $442,575 | $383,307 |
| 33 | Total net assets or fund balances | $2,324,886 | $2,438,063 |
Source: Form 990, Part X, Balance Sheet.
Officers & Key Staff (Part VII)
How to read this section
This is not a full staff directory. It is the subset of people the organization had to disclose in Form 990, Part VII (the officer, director, trustee, key employee, and highest-compensated employee section of the filing). Why this matters: a missing name does not mean a person was not employed or involved.
Total Volunteer Board Hours/Week (Selected Year): 48
Hours per week are self-reported by each officer on Form 990, Part VII. They are not verified.
Officers and directors as reported on Form 990, Part VII. These are typically unpaid, elected positions. If an officer receives compensation, it will appear in the Paid Staff tab.
Operationally, this section is most useful for understanding disclosed leadership structure, compensation visibility, and board labor — not for reconstructing the full staffing model of a club.
| Name | Title | Hours/Week | Status |
|---|---|---|---|
| JODY SMITH | Director | 2 | Volunteer |
| BRIAN CANN | Director | 2 | Volunteer |
| NICHOLAS PATTERSON | Director | 2 | Volunteer |
| SAM PILLSBURY | Director | 2 | Volunteer |
| TYSON CONNOLLY | Director | 2 | Volunteer |
| SCOTT AUSTIN | Director | 2 | Volunteer |
| JAMES BOWEN | Director | 2 | Volunteer |
| CHUCK MCMILLAN | Rear Commodore | 8 | Volunteer |
| DOUGLAS LOWE | Commodore | 8 | Volunteer |
| PAMELA WALL | Vice Commodore | 8 | Volunteer |
| ROBERT MOAK | Secretary | 2 | Volunteer |
| DENISE KULAS | Treasurer | 8 | Volunteer |
Programs (Part III — most recent year)
Form 990, Part III — Statement of Program Service Accomplishments. These are the activities that directly further the organization's exempt purpose. Expenses, grants, and revenue are as reported in the organization's own sworn filing.
PROMOTE COMRADERIE AMONG SAILORS BY CONDUCTING SOCIAL EVENTS FOR MEMBERS AND THEIR GUESTS.
ORGANIZE AND CONDUCT SAILBOAT RACES AND REGATTAS FOR AROUND THE BUOY AND LONG DISTANCE RACES, SOME IN CONJUNCTION WITH OTHER YACHT CLUBS. PROMOTE AND ENCOURAGE SAFE BOATING BY REQUIRING SAILBOAT RACERS TO FOLLOW SAFE BOATING RULES AND TO CARRY SAFETY EQUIPMENT.
PROMOTE SAILING BY USING VOLUNTEERS TO ALLOW THE CLUB TO PROVIDE ECONOMICAL LAUNCH, MOORING, HAUL OUT AND WINTER STORAGE ACTIVITIES.
Governance & Transparency Signals
The IRS Form 990 is a sworn disclosure document — not just a tax return. Beyond financials, it captures governance policies, compensation practices, and relationships between insiders and the organization. Every category below comes directly from that filing. When a field is blank, it is often because this form type doesn’t require it, or the org doesn’t meet the threshold that triggers disclosure. That context is itself worth knowing.
Conflict of Interest Policy
Form 990, Part VI — Line 12a
No written conflict of interest policy was reported on the filing. This means Part VI does not document a formal recusal process in this return. The IRS does not require a policy in every case, but this line is included so readers can see whether the filing itself records one.
Whistleblower Protection Policy
Form 990, Part VI — Line 13
No whistleblower protection policy reported. The IRS added this question in 2008 following Sarbanes-Oxley. Absence does not imply wrongdoing; many smaller organizations have not formalized this in writing.
Officer & Key Employee Compensation (Part VII)
Form 990, Part VII — Named individuals with reportable compensation
No individual compensation reported for this organization in the most recent filing.
Most volunteer-run sailing clubs report $0 officer compensation. Part VII still exists in the filing — it lists officers and directors with $0 reportable compensation, meaning this club is led by unpaid volunteers. When compensation appears in other filings, it marks a transition: the organization has grown to the point where professional management was engaged.
Independent Compensation Consultant
Schedule J, Part I — Organizations filing when comp exceeds $150K
Schedule J not required for this organization.
Schedule J is only filed when at least one individual in Part VII received more than $150,000 in total compensation. This organization doesn’t meet that threshold, so this schedule is not required. Among the 35.7% of organizations in this corpus that file Schedule J, that same percentage used an independent compensation consultant to benchmark executive pay against market rates.
Equity-Based Compensation
Schedule J, Part II — Per-person compensation detail
Schedule J not required for this organization.
Related-Party Transactions (Schedule L)
Schedule L — Transactions with Interested Persons (officers, directors, their families, controlled entities)
Schedule L requires disclosure of loans, grants, and business transactions between the organization and its own insiders — board members, officers, key employees, and their family members or entities they control. Nonprofits are not prohibited from transacting with insiders, but they must disclose it, follow fair-market-value standards, and document that the transaction benefited the organization, not just the insider. These disclosures exist because self-dealing is the most direct way nonprofit assets can flow to those in control.
No related-party transactions found in our data for this organization. Schedule L is only required when transactions occur — absence means none were reported, not necessarily that none occurred.
Voting Board Members
12
Independent Members
12
Total Employees
0
Total Volunteers
125
Schedule O — Supplemental Information (most recent year)
Organizations use Schedule O to provide additional explanation for answers given on the main 990 form. These are direct excerpts from the filed document.
Form 990, Part VI, Section B, Line 11b
No review was or will be conducted.
Form 990, Part VI, Section C, Line 19
No documents available to the public.
FORM 990, PART VI, LINE 11B - ORGANIZATIONS PROCESS TO REVIEW FORM 990
REVIEWED BY THE TREASURER BEFORE FILING. REVIEWED BY THE BOARD OF DIRECTORS AFTER FILING.
FORM 990, PART VI, LINE 19 -GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
UPON REQUEST
FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS
THE ORGANIZATION IS ORGANIZED ON A MEMBERSHIP BASIS.
Mission
PROMOTE GREAT LAKES SAILING; PROMOTE WATER SAFETY AND SAFE BOATING; FOSTER SAILING COMPETITION AMONG MEMBERS AND MEMBERS OF OTHER SAILING CLUBS.
As stated in the organization's 990 filing.
IRS Source Filings
Source filings are IRS e-file records in XML (Extensible Markup Language) format — a structured data standard used by the IRS for electronic filing. If you open one of these links, it will look like code. That's not an error — that's what XML looks like. Harbor Commons processes this raw XML and presents the structured, readable view you see above.
Why this matters: the XML is the receipt. Harbor Commons is the reading layer on top of that receipt. If you ever need to verify a number, wording choice, or disclosure, the source filing is where to check.
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📡 Filing Signals (1 total)
Trends and shifts computed from this organization's own public filings across all available years. Signals highlight where numbers changed — not whether those changes are good or bad. Only people with inside knowledge of this organization can interpret what these signals mean.
Signals describe filing history, not the club's live operating state. The newest filing may still lag current reality by many months.
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