Skip to content
ProPublica Donate
ProPublica Donate

Lake County Yacht Club Inc

  • Mentor, OH
  • Tax-exempt since Jan. 1995
  • EIN: 34-1780342

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
$300k (2023)

Expenses
$290k (2023)

Total Assets
$586k (2023)

Total Liabilities
$531k (2023)

Source: Form 990 tax filings from 2010 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
$300,017
Expenses
$289,682
Net Income
$10,335
Net Assets
$55,794
Notable Sources of Revenue Percent of Total Revenue
Contributions $278,578
92.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,439
7.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $586,462
Total Liabilities $530,668
Net Assets $55,794
Club or Co-Op Income
Initiation Fees & Contributions $32,400
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Ken Kostelnik (Trustee) $0 $0 $0
Bob Palmer (Trustee) $0 $0 $0
John Kromar (Trustee) $0 $0 $0
Brian Wolfe (Trustee) $0 $0 $0
Phil Friedel (Trustee) $0 $0 $0
Pc Chris Chalko (Advisor) $0 $0 $0
Robert Dragolic (Commodore) $0 $0 $0
Kyle Reese (Secretary) $0 $0 $0
Ray Koeth (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 28, 2024

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

View Filing
XML
View Filing (2 of 2)

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$270,552
Expenses
$281,696
Net Income
-$11,144
Net Assets
$45,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $258,892
95.7%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,660
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $604,300
Total Liabilities $558,841
Net Assets $45,459
Club or Co-Op Income
Initiation Fees & Contributions $14,538
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Kyle Reese (Trustee) $0 $0 $0
Bob Palmer (Trustee) $0 $0 $0
John Kromar (Trustee) $0 $0 $0
Ray Koeth (Trustee) $0 $0 $0
Phil Friedel (Trustee) $0 $0 $0
Pc Rebecca Scaffide (Trustee) $0 $0 $0
Chris Chalko (Commodore) $0 $0 $0
Kathy Thomas (Secretary) $0 $0 $0
Keith Booth (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 28, 2024

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

View Filing
XML
View Filing (2 of 2)

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,502
Expenses
$275,619
Net Income
-$12,117
Net Assets
$56,603
Notable Sources of Revenue Percent of Total Revenue
Contributions $254,371
96.5%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $7,831
3.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,300
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $656,103
Total Liabilities $599,500
Net Assets $56,603
Club or Co-Op Income
Initiation Fees & Contributions $14,263
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Chris Chalko (Trustee) $0 $0 $0
Brian Kopp (Trustee) $0 $0 $0
John Kromar (Trustee) $0 $0 $0
Ray Koeth (Trustee) $0 $0 $0
Phil Friedel (Trustee) $0 $0 $0
Pc Paul Moorehead (Trustee) $0 $0 $0
Rebecca Scaffidi (Commodore) $0 $0 $0
Kathy Thomas (Secretary) $0 $0 $0
Keith Booth (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on April 11, 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
$259,049
Expenses
$259,000
Net Income
$49
Net Assets
$68,720
Notable Sources of Revenue Percent of Total Revenue
Contributions $253,490
97.9%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $4,659
1.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $900
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $643,247
Total Liabilities $574,527
Net Assets $68,720
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
Chris Chalko (Trustee) $0 $0 $0
Robert Dragolic (Trustee) $0 $0 $0
John Kromar (Trustee) $0 $0 $0
Dawn Brewer (Trustee) $0 $0 $0
Phil Friedel (Trustee) $0 $0 $0
Al Vlach (Trustee) $0 $0 $0
Paul Moorehead (Commodore) $0 $0 $0
Kathy Thomas (Secretary) $0 $0 $0
Keith Booth (Treasirer) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 30, 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
$234,034
Expenses
$259,331
Net Income
-$25,297
Net Assets
$68,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $224,892
96.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $7,642
3.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,500
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $663,330
Total Liabilities $594,659
Net Assets $68,671
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.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$214,968
Expenses
$249,859
Net Income
-$34,891
Net Assets
$93,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $214,181
99.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,663
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,450
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $706,842
Total Liabilities $612,874
Net Assets $93,968
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
$231,511
Expenses
$234,860
Net Income
-$3,349
Net Assets
$117,374
Notable Sources of Revenue Percent of Total Revenue
Contributions $212,430
91.8%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $4,801
2.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,863
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $746,101
Total Liabilities $628,727
Net Assets $117,374
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
$196,769
Expenses
$229,613
Net Income
-$32,844
Net Assets
$120,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $182,174
92.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,567
0.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,113
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $726,702
Total Liabilities $605,979
Net Assets $120,723
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
$200,140
Expenses
$199,031
Net Income
$1,109
Net Assets
$153,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $188,348
94.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,468
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,593
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $556,566
Total Liabilities $402,999
Net Assets $153,567
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
$203,921
Expenses
$177,037
Net Income
$26,884
Net Assets
$152,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $189,299
92.8%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$24
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,896
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $584,904
Total Liabilities $432,446
Net Assets $152,458
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
$183,439
Expenses
$192,049
Net Income
-$8,610
Net Assets
$125,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,468
93.5%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$719
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,616
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,440
0.7%
Assets/Debt
Total Assets $594,034
Total Liabilities $468,460
Net Assets $125,574
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
PDF (2 of 2)

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$192,384
Expenses
$193,487
Net Income
-$1,103
Net Assets
$134,184
Notable Sources of Revenue Percent of Total Revenue
Contributions $188,580
98.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$2,931
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $805
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $580
0.3%
Assets/Debt
Total Assets $631,781
Total Liabilities $497,597
Net Assets $134,184
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
$185,014
Expenses
$216,398
Net Income
-$31,384
Net Assets
$135,287
Notable Sources of Revenue Percent of Total Revenue
Contributions $174,863
94.5%
Program Services $0
Investment Income $2,038
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,841
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $966
0.4%
Assets/Debt
Total Assets $664,588
Total Liabilities $529,301
Net Assets $135,287
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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$191,975
Expenses
$209,633
Net Income
-$17,658
Net Assets
$166,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $178,343
92.9%
Program Services $0
Investment Income $3,311
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,085
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,006
0.5%
Assets/Debt
Total Assets $694,705
Total Liabilities $528,034
Net Assets $166,671
Club or Co-Op Income
Initiation Fees & Contributions $4,000
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.
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.
2006

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