2025-11-17T12:13:06-05:00 2024-12-31 471077462 AGL CPA GROUP LLC 2905 PREMIOERE PARKWAY STE 150 DULUTH GA 30097 990 2024-01-01 580974508 LAKE LANIER SAILING CLUB INC LAKE 4042749390 6206 COMMODORE DR FLOWERY BRANCH GA 30542 JACKIE CATTANACH TREASURER 4042749390 2025-11-17 true true WILLIAM C HARSHMAN CPA P00107156 4045021593 2025-11-17 2024 2025-03-06 01:10:19Z WARREN COLLIER 6206 COMMODORE DRIVE FLOWERY BRANCH GA 30542 886719 false X WWW.LLSC.COM X 1959 GA TO SUPPORT THE SPORT OF SAILING THROUGH EDUCATION, TRAINING, RACING AND OTHER SAILING RELATED ACTIVITIES. 15 15 1 240 27133 26133 327335 415824 455341 405303 17340 27133 15776 38459 815792 886719 17753 0 52889 115072 107937 46728 0 0 390613 408079 569192 569879 246600 316840 1523747 1881891 4179 6100 1519568 1875791 X TO SUPPORT THE SPORT OF SAILING THROUGH EDUCATION, TRAINING, RACING AND OTHER SAILING RELATED ACTIVITIES. false false 38346 THE CLUB PUT ON FIVE MULTI-FLEET REGATTAS AND SUPPORTED NUMEROUS SEPARATE ONE-DESIGN FLEET REGATTAS AND SEVERAL PERFORMANCE HANDICAP RACING SERIES IN FURTHERANCE OF ITS RACING PROGRAMS DURING THE YEAR. 70898 THE CLUB SUPPORTED JUNIOR SAILING AND TRAINING PROGRAMS BY ASSISTING THE JUNIOR PROGRAM WITH FACILITIES AND PERSONNEL SUPPORT FOR THREE FULL WEEKS OF JUNIOR SAILING TRAINING PROGRAMS, NUMEROUS DAYS OF JUNIOR TRAINING AND SEVERAL JUNIOR REGATTAS THROUGHOUT THE YEAR. ADDITIONALLY, THE CLUB PROVIDED SEVERAL GRANTS TO THE JUNIOR PROGRAM DURING THE YEAR. 5828 THE CLUB HOSTED SEVERAL SOCIAL EVENTS FOR ITS MEMBERS DURING THE YEAR TO FOSTER THE CONTINUED SAILING RACING AND TRAINING PROGRAMS. 404613 CALCULATED AMOUNT 404613 519685 false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 1 true true true false false false false false false false X 15 15 false false false false true true true true true false false true true true true true true true false false GA X JACKIE CATANNACH 4045021593 6206 COMMODORE DRIVE FLOWERY BRANCH GA 30542 X X SCOTT BEAN GOVERNOR 2.00 X 0 0 0 STEVE BURKE GOVERNOR 2.00 X 0 0 0 JACKIE CATTANACH TREASURER 10.00 X X 0 0 0 WARREN COLLIER COMMODORE 10.00 X X 0 0 0 ANNE HOWARD GOVERNOR 2.00 X 0 0 0 PETER KOWOLSKI GOVERNOR 2.00 X 0 0 0 MIKE KRANTZ GOVERNOR 2.00 X 0 0 0 AMY LARKIN PAST COMMODO 2.00 X 0 0 0 ANN MAJOR SECRETARY 10.00 X X 0 0 0 BRENT MCKENZIE REAR COMMODO 5.00 X X 0 0 0 RICK PROFFITT GOVERNOR 2.00 X 0 0 0 RICK PROFITT GOVERNOR 2.00 X 0 0 0 WILL SHIRLEY GOVERNOR 2.00 X 0 0 0 DANA STEWART VICE COMMODO 10.00 X X 0 0 0 WILL THRAN GOVERNOR 2.00 X 0 0 0 false false false 415824 415824 DOCK AND STORAGE FEES 354117 354117 REGATTA REVENUE 24040 24040 UNREALIZED GAIN/LOSS ON INVES 15301 15301 WATERFRONT DIRECTOR 8200 8200 SOCIAL EVENT REVENUE 3645 3645 405303 27133 27133 OTHER INCOME (NET) 713990 38459 38459 38459 886719 27133 443762 115072 115072 43359 43359 3369 3369 16716 16716 49200 49200 PROPERTY MAINTENANCE 103628 103628 INSURANCE EXPENSE 103293 103293 GENERAL & ADMIN EXPNESES 50194 50194 RENT EXPENSE 50000 50000 35048 35048 569879 519685 50194 0 389194 313137 887660 1380037 725 1750317 1523644 246893 226673 -38681 1523747 1881891 4179 6100 4179 6100 X 1519568 1875791 1519568 1875791 1523747 1881891 X 316840 39383 X false false false 39028 39028 366834 300000 66834 1055498 938644 116854 288957 285000 3957 226673 HYDRO HOIST DEPOSITS 5000 SECURITY DEPOSIT PAYABLE 1100 6100 FORM 990, PAGE 1, PART I, LINE 6 LAKE LANIER SAILING CLUB IS A 100% VOLUNTEER ORGANIZATION. THE CLUB HAS APPROXIMATELY 240 REGULAR MEMBERS AND ALL OF THEM VOLUNTEER IN VARIOUS CAPACITIES TO SUPPORT THE WORK OF THE CLUB. FORM 990, PAGE 2, PART III, LINE 4D CALCULATED AMOUNT FORM 990, PAGE 6, PART VI, LINE 6 LAKE LANIER SAILING CLUB HAS MEMBERS THAT VOLUNTEER ON SITE AND HELP WITH EVENTS. FORM 990, PAGE 6, PART VI, LINE 7A THE GOVERNING BODY OF LAKE LANIER SAILING CLUB IS ELECTED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B FINANCIAL DECISIONS OF 50,000 OR MORE ARE SUBJECT TO A VOTE AT THE CLUB'S ANNUAL MEETING OR AT A SPECIALLY CALLED MEETING TO VOTE ON THE SPECIFIC EXPENDITURE. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS MADE AVAILABLE TO THE OFFICERS AND BOARD PRIOR TO FILING. ACCESS IS PROVIDED ELECTRONICALLY. THE FORM IS REVIEWED IN DETAIL AND APPROVED BY THE TREASURER AND THE CHAIR OF THE FINANCE COMITTEE PRIOR TO BEING SIGNED AND FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS POSTED TO THE CLUB'S WEBSITE AND IS AVAILABLE TO ALL MEMBERS FOR REVIEW. THE POLICY IS NOTED AND COMPLIANCE REQUIREMENTS ARE ALL EXPLAINED TO ALL NEW OFFICERS AND BOARD MEMBERS AT THE FIRST MEETING OF THE YEAR. FORM 990, PAGE 6, PART VI, LINE 15A ALL CLUB OFFICERS AND BOARD MEMBERS ARE VOLUNTEERS AND SERVE WITHOUT ANY COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE CLUB'S POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY, THE WHISTLEBLOWER POLICY AND THE RECORDS RETENTION POLICY, ARE ALL AVAILABLE TO MEMBERS ON THE CLUB'S WEBSITE. SUMMARY FINANCIAL INFORMATION IS MADE AVAILABLE TO MEMBERS MONTHLY ON THE CLUB WEBSITE. COPIES OF THE ANNUAL FORM 990 ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VII ALL OFFICERS AND BOARD MEMBERS SERVE WITHOUT COMPENSATION. THEY ARE REIMBURSED FOR ANY COSTS INCURRED ON BEHALF OF THE CLUB, SUBJECT TO THE CLUB'S RECEIPT OF APPROPRIATE DOCUMENTATION AND A WRITTEN REQUEST OF REIMBURSEMENT. THE CLUB HAS TWO "KEY EMPLOYEES" - A PROPERTY MANAGER AND A WATERFRONT DIRECTOR. THE OFFICERS MONITOR EACH EMPLOYEE'S COMPENSATION AND ALL COMPENSATION IS APPROVED BY THE OFFICERS AND BOARD EACH YEAR. FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 49,200 OTHER NET CHANGE IN UNRESTRICTED NET ASSETS -9,817 TOTAL 39,383