2025-09-23T12:05:35-05:00 2024-12-31 411292716 COPELAND BUHL & COMPANY PLLP 3033 CAMPUS DRIVE SUITE E590 PLYMOUTH MN 55441 990 2024-01-01 237120748 WAYZATA YACHT CLUB WAYZ 6127013230 PO BOX 585 WAYZATA MN 55391 CHAD OLNESS TREASURER 6127013230 2025-09-18 1 0 MITCHELL GIESE P02249920 9524767100 2025-09-18 2024 2025-03-06 01:10:19Z THORN TURNER PO BOX 585 WAYZATA MN 55391 934766 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. 16 16 24 50 6487 0 0 0 679234 863183 3383 987 0 0 682617 864170 0 0 0 0 75610 192174 0 0 0 633091 649366 708701 841540 -26084 22630 1591639 1611661 524822 515814 1066817 1095847 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 7 0 24 1 1 1 0 0 0 0 6400 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 1 0 0 MN X NICOLE SEAHOLM 9524767100 3033 CAMPUS DRIVE SUITE E590 PLYMOUTH MN 55441 X THORN TURNER REAR COMMODORE 5.00 X X 0 0 0 PAUL QUAST COMMODORE 10.00 X X 0 0 0 RICH BAKER VICE COMMODORE 5.00 X X 0 0 0 BARBARA SPELTZ DIRECTOR 5.00 X 0 0 0 TERRY FOSTER DIRECTOR 5.00 X 0 0 0 MIKE SCHMID DIRECTOR 5.00 X 0 0 0 DEREK SCHMIT SECRETARY 5.00 X X 0 0 0 JOHN RAINALDI DIRECTOR 5.00 X 0 0 0 CHAD OLNESS TREASURER 5.00 X X 0 0 0 KURTIS WINTHEISER DIRECTOR 5.00 X 0 0 0 ERIC LUNDEEN DIRECTOR 5.00 X 0 0 0 ANDY SPENCE-PARSONS DIRECTOR 5.00 X 0 0 0 MONICA MYERS DIRECTOR 5.00 X 0 0 0 UTA MONCUR DIRECTOR 5.00 X 0 0 0 ROSS LUKEN DIRECTOR 5.00 X 0 0 0 JAMES TAYLOR DIRECTOR 5.00 X 0 0 0 0 0 0 0 0 0 0 0 MOORING FEES 711210 613043 613043 MEMBERSHIP DUES 711210 186880 186880 SOCIAL ACTIVITIES 711210 57760 57760 SEMINARS AND REGATTAS 711210 5500 5500 863183 987 987 70596 70596 0 0 864170 857683 6487 0 X 177986 14188 2028 27700 4643 22875 34619 103548 48637 MOORING MAINTENANCE 93942 RACE EXPENSE 59128 REAL ESTATE TAXES 48854 BUILDING GROUNDS MAINTE 39748 163644 841540 42695 210735 94571 95558 3067386 1762018 1004373 1305368 450000 0 1591639 1611661 522710 514599 2112 1215 524822 515814 X 289075 295475 0 0 777742 800372 1066817 1095847 1591639 1611661 X 22630 6400 X 0 0 0 577571 532178 45393 1135251 827539 307712 1354564 402301 952263 1305368 CREDIT CARD PAYABLE 1215 1215 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 TROPHIES EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,881. SOCIAL ACTIVITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,726. ANNUAL BANQUET: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,940. COMMITTEE BOAT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,078. UTILITIES AND TELEPHONE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,534. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,215. POSTAGE AND PRINTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,426. SEMINAR EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,038. PERMITS AND LICENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,806. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERSHIP CERTIFICATE FEES 6,400. 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