2022-06-13T14:44:08-05:00 2021-12-31 411292716 COPELAND BUHL & COMPANY PLLP 800 EAST WAYZATA BOULEVARD STE 300 WAYZATA MN 553911766 990 2021-01-01 237120748 WAYZATA YACHT CLUB WAYZ 6127013230 PO BOX 585 WAYZATA MN 55391 CHANDRA WOBSCHALL TREASURER 6127013230 2022-05-31 1 CHANDRA WOBSCHALL 999009999 MITCHELL GIESE P02249920 9524767100 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ANDREW SPENCE-PARSONS PO BOX 585 WAYZATA MN 55391 600847 0 X HTTPS://WWW.WYC.ORG X 1965 MN THE PURPOSE OF WYC IS TO PROMOTE AND DEVELOP ACTIVE AND COMPETITIVE SAILBOAT RACING, THROUGH WHICH PROFICIENT SEAMANSHIP AND SPORTSMANSHIP ARE PRACTICED, PROMOTED AND ENCOURAGED. WYC ALSO SEEKS TO PROVIDE EDUCATIONAL SEMINARS AND PRACTICAL APPLICATION OF LEARNED SKILLS. 15 15 19 49 0 0 0 0 567635 591593 -18918 1754 0 7500 548717 600847 0 0 0 0 81366 137847 0 0 0 441231 527381 522597 665228 26120 -64381 1579609 1495728 496893 474193 1082716 1021535 THE PURPOSE OF WYC IS TO PROMOTE AND DEVELOP ACTIVE AND COMPETITIVE SAILBOAT RACING, THROUGH WHICH PROFICIENT SEAMANSHIP AND SPORTSMANSHIP ARE PRACTICED, PROMOTED AND ENCOURAGED. WYC ALSO SEEKS TO PROVIDE EDUCATIONAL SEMINARS AND PRACTICAL APPLICATION OF LEARNED SKILLS. 0 0 THE WAYZATA YACHT CLUB (WYC) OVERSEES ONE OF THE LARGEST SAILBOAT RACING PROGRAMS IN THE UNITED STATES. OUR LAKE MINNETONKA RACING PROGRAMS INCLUDE OVER 65 KEEL BOAT RACES EACH SEASON, CONDUCTED PRIMARILY IN 22-25' KEELBOATS, WITH PARTICIPATION OF UP TO 130 BOATS FOR EVENING RACES. THE WAYZATA YACHT CLUB ALSO SPONSORS RACING IN THE APOSTLE ISLANDS OF LAKE SUPERIOR VIA OUR APOSTLE ISLANDS STATION (AIS) IN BAYFIELD, WI. THIS BIG BOAT SCHEDULE INCLUDES BOTH BUOY RACING AND OFF-SHORE SAILING WITH BOATS THAT COMPETE THROUGHOUT THE GREAT LAKES. SEMINARS ARE PRESENTED FOR ADULT AND YOUTH SAILORS TO MAKE AVAILABLE CONTINUED SAILING EDUCATION AND EXPERIENCES. 0 0 0 0 0 0 0 0 0 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 1 0 0 1 12 0 1 19 1 0 0 0 0 0 0 3200 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 0 0 MN X HOLLY CONNOLLY 9524767100 800 EAST WAYZATA BOULEVARD STE 300 WAYZATA MN 55391 X ANDREW SPENCE-PARSONS REAR COMMODORE 5.00 X X 0 0 0 CHARLES SCHROEDER DIRECTOR 5.00 X 0 0 0 THORN TURNER COMMODORE 10.00 X X 0 0 0 ERNEST BRODY DIRECTOR 5.00 X 0 0 0 PAUL QUAST VICE COMMODORE 5.00 X X 0 0 0 BARBARA SPELTZ DIRECTOR 5.00 X 0 0 0 DICK JACKSON DIRECTOR 5.00 X 0 0 0 JONATHAN MCDONAGH DIRECTOR 5.00 X 0 0 0 TERRY FOSTER DIRECTOR 5.00 X 0 0 0 MIKE SCHMID SECRETARY 5.00 X X 0 0 0 RICH BAKER DIRECTOR 5.00 X 0 0 0 NILS BRENNOM DIRECTOR 5.00 X 0 0 0 DEREK SCHMIT DIRECTOR 5.00 X 0 0 0 JOHN RAINALDI DIRECTOR 5.00 X 0 0 0 CHANDRA WOBSCHALL TREASURER 5.00 X X 0 0 0 0 0 0 0 0 0 0 0 MOORING FEES 711210 432528 432528 MEMBERSHIP DUES 711210 152955 152955 SOCIAL ACTIVITIES 711210 3645 3645 LOGBOOK INCOME 711210 2465 2465 591593 288 288 7500 0 7500 7500 7500 1466 0 1466 1466 1466 600847 591593 0 9254 X 132179 5668 19595 24100 5633 6849 18487 91800 33709 REAL ESTATE TAXES 68102 MOORING MAINTENANCE 61678 BUILDING GROUNDS MAINTE 60439 TROPHIES EXPENSE 25139 111850 665228 92458 74184 289921 265209 2608540 1452205 1197230 1156335 1579609 1495728 396115 391991 100778 82202 496893 474193 X 277075 280275 0 0 805641 741260 1082716 1021535 1579609 1495728 X -64381 3200 X 0 0 0 577571 506601 70970 1080947 610990 469957 950022 334614 615408 1156335 DEPOSITS 81835 CREDIT CARD PAYABLE 367 82202 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CONSISTS OF FULL, PROVISIONAL, SKIPPER, CREW, POWERBOAT SKIPPER, HONORARY AND ASSOCIATION MEMBERSHIPS. FORM 990, PART VI, SECTION A, LINE 7A FULL MEMBERS ELECT OFFICERS AND DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PRESENTED TO THE WAYZATA YACHT CLUB BOARD OF DIRECTORS AND REVIEWED BY THE TREASURER, MOTION WAS MADE, AND SECONDED, TO APPROVE THIS FILING IN ITS ENTIRETY. REVIEW INCLUDED FINANCIAL, FACTUAL DATA, GOVERNANCE, MANAGEMENT, DISCLOSURE AND ORGANIZATION INFORMATION. FORM 990, PART VI, SECTION B, LINE 15A BOARD OF DIRECTORS DETERMINES MANAGEMENT COMPANY COMPENSATION PER THREE-YEAR CONTRACTUAL AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E COMMITTEE BOAT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,005. UTILITIES AND TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,714. SOCIAL ACTIVITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,679. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,137. POSTAGE AND PRINTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,325. RACE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,169. PERMITS AND LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,821. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERSHIP CERTIFICATE FEES 3,200. WAYZATA SAILING FOUNDATION PO BOX 768 WAYZATA MN 55391 411986402 SAILING EDUCATION MN 501(C)(3) RELATED N/A 0 1 1 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0