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Lake Champlain Yacht Club

  • Shelburne, VT
  • Tax-exempt since Oct. 1968
  • EIN: 03-0135975

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$273k (2023)

Expenses
$269k (2023)

Total Assets
$648k (2023)

Total Liabilities
$3.26k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$272,522
Expenses
$269,350
Net Income
$3,172
Net Assets
$644,281
Notable Sources of Revenue Percent of Total Revenue
Contributions $160,041
58.7%
Program Services $105,216
38.6%
Investment Income $7,265
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $62,701
23.3%
Assets/Debt
Total Assets $647,545
Total Liabilities $3,264
Net Assets $644,281
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jill Gagne (Commodore) $0 $0 $0
Jay Heaslip (Treasurer) $0 $0 $0
Betsey Dempsey (Secretary) $0 $0 $0
John Stetson (Vice Commodore) $0 $0 $0
Gene Cloutier (Rear Commodore) $0 $0 $0
+ View more people

Document Links

990
Filed on April 2, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$260,842
Expenses
$256,051
Net Income
$4,791
Net Assets
$641,111
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,169
62.2%
Program Services $98,640
37.8%
Investment Income $33
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,501
18.6%
Assets/Debt
Total Assets $647,203
Total Liabilities $6,092
Net Assets $641,111
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Jill Gagne (Commodore) $0 $0 $0
Jay Heaslip (Treasurer) $0 $0 $0
Betsey Dempsey (Secretary) $0 $0 $0
John Stetson (Vice Commodore) $0 $0 $0
Gene Cloutier (Rear Commodore) $0 $0 $0
+ View more people

Document Links

990
Filed on April 24, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$241,846
Expenses
$233,985
Net Income
$7,861
Net Assets
$636,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $158,593
65.6%
Program Services $83,221
34.4%
Investment Income $32
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,492
21.6%
Assets/Debt
Total Assets $641,963
Total Liabilities $5,643
Net Assets $636,320
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Walt Marti (Commodore) $0 $0 $0
Jay Heaslip (Treasurer) $0 $0 $0
Betsey Dempsey (Vice Commodore Secretary) $0 $0 $0
Bill Kallock (Rear Commodore) $0 $0 $0
+ View more people

Document Links

990
Filed on April 25, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$217,468
Expenses
$189,555
Net Income
$27,913
Net Assets
$628,465
Notable Sources of Revenue Percent of Total Revenue
Contributions $160,032
73.6%
Program Services $56,573
26.0%
Investment Income $863
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $42,321
22.3%
Assets/Debt
Total Assets $634,738
Total Liabilities $6,273
Net Assets $628,465
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Walt Marti (Commodore) $0 $0 $0
John Stetson (Vice Commodore) $0 $0 $0
Heidi Lessard (Rear Commodore) $0 $0 $0
Betsey Dempsey (Secretary) $0 $0 $0
Jay Heaslip (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264,595
Expenses
$258,435
Net Income
$6,160
Net Assets
$600,552
Notable Sources of Revenue Percent of Total Revenue
Contributions $160,946
60.8%
Program Services $98,772
37.3%
Investment Income $4,877
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $57,345
22.2%
Assets/Debt
Total Assets $605,051
Total Liabilities $4,499
Net Assets $600,552
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Charles Van Winkle (Commodore) $0 $0 $0
Bob Finn (Vice Commodore) $0 $0 $0
Michael Kerbaugh (Rear Commodore) $0 $0 $0
Betsey Dempsey (Secretary) $0 $0 $0
Jay Heaslip (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 10, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$271,631
Expenses
$245,067
Net Income
$26,564
Net Assets
$594,840
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,727
59.9%
Program Services $105,764
38.9%
Investment Income $3,140
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $54,233
22.1%
Assets/Debt
Total Assets $596,140
Total Liabilities $1,300
Net Assets $594,840
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,672
Expenses
$221,174
Net Income
$34,498
Net Assets
$575,842
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,360
63.5%
Program Services $91,758
35.9%
Investment Income $1,554
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,916
23.5%
Assets/Debt
Total Assets $577,842
Total Liabilities $2,000
Net Assets $575,842
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$265,959
Expenses
$212,938
Net Income
$53,021
Net Assets
$540,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $146,699
55.2%
Program Services $117,838
44.3%
Investment Income $1,422
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $54,446
25.6%
Assets/Debt
Total Assets $542,611
Total Liabilities $2,000
Net Assets $540,611
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$270,712
Expenses
$195,857
Net Income
$74,855
Net Assets
$424,147
Notable Sources of Revenue Percent of Total Revenue
Contributions $161,236
59.6%
Program Services $108,425
40.1%
Investment Income $1,051
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,420
24.2%
Assets/Debt
Total Assets $426,147
Total Liabilities $2,000
Net Assets $424,147
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$271,369
Expenses
$234,415
Net Income
$36,954
Net Assets
$336,992
Notable Sources of Revenue Percent of Total Revenue
Contributions $162,090
59.7%
Program Services $108,360
39.9%
Investment Income $919
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $48,121
20.5%
Assets/Debt
Total Assets $356,420
Total Liabilities $19,428
Net Assets $336,992
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,075
Expenses
$201,589
Net Income
$37,486
Net Assets
$391,758
Notable Sources of Revenue Percent of Total Revenue
Contributions $158,270
66.2%
Program Services $80,668
33.7%
Investment Income $136
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $46,390
23.0%
Assets/Debt
Total Assets $464,233
Total Liabilities $72,475
Net Assets $391,758
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$233,029
Expenses
$178,573
Net Income
$54,456
Net Assets
$360,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $140,800
60.4%
Program Services $92,134
39.5%
Investment Income $95
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $34,042
19.1%
Assets/Debt
Total Assets $457,915
Total Liabilities $97,635
Net Assets $360,280
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,511
Expenses
$177,861
Net Income
$76,650
Net Assets
$292,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $176,150
69.2%
Program Services $78,048
30.7%
Investment Income $313
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $40,666
22.9%
Assets/Debt
Total Assets $416,474
Total Liabilities $124,298
Net Assets $292,176
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated