2021-10-12T12:13:13-05:00 2020-12-31 411292716 COPELAND BUHL & COMPANY PLLP 800 EAST WAYZATA BOULEVARD STE 300 WAYZATA MN 553911766 990 2020-01-01 411986402 WAYZATA SAILING FOUNDATION WAYZ 9524765875 PO BOX 768 WAYZATA MN 55391 JAMES BELTZ TREASURER 9524765875 2021-09-27 1 JAMES BELTZ XXX-XX-XXXX MITCHELL GIESE P02249920 9524767100 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WAYZATA COMMUNITY SAILING CENTER ROB HUNT PO BOX 768 WAYZATA MN 55391 454096 0 X WWW.WAYZATASAILING.ORG X 2000 MN THE WAYZATA SAILING FOUNDATION'S PURPOSE IS TO PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS TO FACILITIES, AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS. 12 12 24 17 0 0 819829 135552 286803 256234 6072 5445 79203 23328 1191907 420559 34171 20212 0 0 194108 202891 0 0 41269 291318 260611 519597 483714 672310 -63155 4240455 4238531 152822 207085 4087633 4031446 X THE MISSION OF THE WAYZATA SAILING FOUNDATION IS TO INCREASE THE EDUCATION OF, UNDERSTANDING OF, AND APPRECIATION OF SAILING BOTH IN COMPETITIVE RACING AND RECREATIONAL CRUISING. THE FOUNDATION UNDERTAKES FUNDRAISING TO: SUPPORT PUBLIC SAILING CLINICS FOR STUDENTS IN THE LOCAL COMMUNITY.PROMOTE COMMUNITY YOUTH SAILING BY PROVIDING BOATS, ACCESSORIES AND INSTRUCTION IN AFFORDABLE CLASSES FOR STUDENTS WHO OTHERWISE WOULD NOT HAVE SUCH AN OPPORTUNITY.SUPPORT OTHER NON-PROFIT AND 501(C)3 ORGANIZATIONS THAT INTRODUCE AND FURTHER THE ENJOYMENT OF SAILING AND SAILBOAT RACING FOR YOUTH THROUGH EDUCATION.UNDERWRITE TRAINING, EDUCATION AND COMPETITION FOR NON-PROFIT YOUTH SAILING TEAMS.THE WAYZATA SAILING FOUNDATION DOES NOT AND WILL NOT DISCRIMINATE IN ANY MANNER WITH RESPECT TO RACE, CREED, NATIONAL OR CULTURAL ORIGIN, GENDER, OR SEXUAL PREFERENCE. 0 0 317613 20212 257492 SUMMER CAMPS WERE HELD FROM JUNE THROUGH AUGUST FOR CHILDREN AGES 5 TO 16. THE CAMPS ALLOW CHILDREN TO LEARN AND FINE TUNE THEIR SKILLS, AS WELL AS PROMOTE FUN, SAFETY, AND RESPONSIBILITY ON THE WATER. IN ADDITION, THE ORGANIZATION HOSTED A SAILING SERIES WHERE TEAMS COMPETED AT THE VARIOUS METRO LAKES THROUGHOUT THE SUMMER. 317613 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 24 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X MATTHEW THOMPSON 9524765875 456 ARLINGTON CIRCLE WAYZATA MN 55391 ROB HUNT PRESIDENT 5.00 X X 0 0 0 OLIVER FROST VICE PRESIDENT 5.00 X X 0 0 0 JAMES BELTZ TREASURER 5.00 X X 0 0 0 ROBB HARRISS SECRETARY 5.00 X X 0 0 0 ERNEST BRODY DIRECTOR 5.00 X 0 0 0 KRISTYN MULLIN DIRECTOR 5.00 X 0 0 0 BRIGHID HANSEN DIRECTOR 5.00 X 0 0 0 GEORGE HANSEN DIRECTOR 5.00 X 0 0 0 JANA SIMMONS DIRECTOR 5.00 X 0 0 0 LARRY AUBUCHON DIRECTOR 5.00 X 0 0 0 ROBERT FOSTER DIRECTOR 5.00 X 0 0 0 KEN BRENTON DIRECTOR 5.00 X 0 0 0 MATTHEW THOMPSON EXECUTIVE DIRECTOR 5.00 X 51800 0 0 51800 0 0 0 0 0 0 0 135552 21795 135552 TUITION AND FEES 713990 256234 256234 256234 4187 4187 34795 33537 1258 1258 1258 8300 0 8300 8300 SLIPS AND MOORING 900099 15028 15028 15028 420559 257492 0 27515 20212 20212 51800 25900 25900 136383 80466 39551 16366 14708 8825 4265 1618 41700 5004 18765 17931 7927 7739 188 3449 2873 288 288 3735 3735 80948 72853 8095 22938 11469 11469 PROPERTY TAXES 37462 33716 3746 BOAT EXPENSES 30231 30231 BANK FEES 12891 12417 474 MAINTENANCE AND REPAIRS 5991 3355 2636 13339 2553 6194 4592 483714 317613 124832 41269 145571 333992 102742 2000 4342600 587939 3850282 3754661 125360 131378 16500 16500 4240455 4238531 129192 144228 23380 23107 250 39750 152822 207085 X 0 0 0 0 4087633 4031446 4087633 4031446 4240455 4238531 -63155 6968 0 X 0 0 0 X 92001 456592 1212294 819829 135552 2716268 293677 271754 271607 366006 279562 1482606 10760 10183 20943 396438 738529 1483901 1185835 415114 4219817 227500 721399 725000 10408 1684307 25983 15546 315 41844 25983 243046 721714 725000 10408 1726151 2493666 5310 6853 7747 6434 4187 30531 5310 6853 7747 6434 4187 30531 401748 745382 1491648 1192269 419301 4250348 0.58670 0.56540 0.00720 0.00740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 142921 24460 112784 24936 255230 827607 400000 19255 2750 1101191 142921 146383 640000 57070 15846 827607 122132 20000 4251 146383 106639 15493 122132 1.00000 0 0 1861167 1861167 1870867 81874 1788993 610566 506065 104501 3754661 DEPOSIT 250 PPP LOAN 39500 39750 PART V, LINE 4: TO HELP DEFRAY COSTS RELATED TO COLLEGE RACES AND PROVIDE SAILING SCHOLARSHIPS TO INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERSHIP CONSISTS OF ALL DUES PAYING MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF WAYZATA SAILING FOUNDATION ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH REGULAR INQUIRIES MADE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF KEY EMPLOYEES IS MADE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS, CODE OF ETHICS, DIVERSITY STATEMENT, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST ONLY. WAYZATA YACHT CLUB PO BOX 585 WAYZATA MN 55391 237120748 SAILING EDUCATION MN 501(C)(7) N/A 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0