Devils Lake Yacht Club

Manitou Beach, MI
Tax-exempt since March 1944
EIN: 38-1242665

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Type of Nonprofit

Designated as a 501(c)(7) Social and recreational clubs.

Donations to this organization are not tax deductible.

Revenue

$1.09M (2024)

Expenses

$1.14M (2024)

Total Assets

$2.76M (2024)

Total Liabilities

$745k (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Revenue

$1,085,526

Expenses

$1,141,580

Net Income

-$56,054

Net Assets

$2,015,904

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$545,931	50.3%
Program Services	$184,948	17.0%
Investment Income	$5,795	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$342,139	31.5%
Other Revenue	$6,713	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$528,102	46.3%

Assets/Debt
Total Assets	$2,761,161
Total Liabilities	$745,257
Net Assets	$2,015,904

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
Mona Carmody (Vice Commodo)	$0	$0	$0
Mike Clark (Recording Se)	$0	$0	$0
Keith Fournier (Commodore)	$0	$0	$0
Brent Mercer (Treasurer)	$0	$0	$0
Mark Schaffner (Rear Commodo)	$0	$0	$0

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990

Filed on Aug. 20, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$1,080,394

Expenses

$971,040

Net Income

$109,354

Net Assets

$2,071,958

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$557,030	51.6%
Program Services	$138,047	12.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$356,925	33.0%
Other Revenue	$28,392	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$458,902	47.3%

Assets/Debt
Total Assets	$2,811,127
Total Liabilities	$739,169
Net Assets	$2,071,958

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
Rod Rupp (Commodore)	$0	$0	$0
Keith Fournier (Vice Commodo)	$0	$0	$0
Mona Carmody (Rear Commodo)	$0	$0	$0
Mike Clark (Recording Se)	$0	$0	$0
Brent Mercer (Treasurer)	$0	$0	$0

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990

Filed on Dec. 23, 2024

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

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Fiscal Year Ending Dec.
2022

Revenue

$928,996

Expenses

$888,573

Net Income

$40,423

Net Assets

$1,962,553

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$465,866	50.1%
Program Services	$108,386	11.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$330,582	35.6%
Other Revenue	$24,162	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$452,688	50.9%

Assets/Debt
Total Assets	$2,771,354
Total Liabilities	$808,801
Net Assets	$1,962,553

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
Rod Rupp (Commodore)	$0	$0	$0
Keith Fournier (Vice Commodo)	$0	$0	$0
Mona Carmody (Rear Commodo)	$0	$0	$0
Mike Clark (Recording Se)	$0	$0	$0
Brent Mercer (Treasurer)	$0	$0	$0

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990

Filed on July 25, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$1,049,992

Expenses

$839,307

Net Income

$210,685

Net Assets

$1,922,130

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$573,830	54.7%
Program Services	$106,165	10.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$353,113	33.6%
Other Revenue	$16,884	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$82,112	9.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$305,558	36.4%

Assets/Debt
Total Assets	$2,565,070
Total Liabilities	$642,940
Net Assets	$1,922,130

Club or Co-Op Income
Initiation Fees & Contributions	$9,147
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Chris Sherman (Commodore)	$0	$0	$0
Rod Rupp (Vice Commodore)	$0	$0	$0
Keith Fournier (Rear Commodore)	$0	$0	$0
Mike Clark (Recording Secretary)	$0	$0	$0
Mona Carmody (Treasurer)	$0	$0	$0

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990

Filed on April 25, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$779,145

Expenses

$602,055

Net Income

$177,090

Net Assets

$1,711,445

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$456,373	58.6%
Program Services	$101,870	13.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$216,611	27.8%
Other Revenue	$4,291	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$67,267	11.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$219,347	36.4%

Assets/Debt
Total Assets	$2,468,340
Total Liabilities	$756,895
Net Assets	$1,711,445

Club or Co-Op Income
Initiation Fees & Contributions	$9,147
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Tom Love (Commodore)	$0	$0	$0
Craig Winn (Vice Commodore)	$0	$0	$0
Chris Sherman (Rear Commodore)	$0	$0	$0
Mike Clark (Recording Secretary)	$0	$0	$0
Mona Carmody (Treasurer)	$0	$0	$0

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990

Filed on May 11, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$1,191,527

Expenses

$751,241

Net Income

$440,286

Net Assets

$1,534,355

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$802,858	67.4%
Program Services	$99,375	8.3%
Investment Income	$220	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$2,033	0.2%
Sales of Assets	$0
Net Inventory Sales	$282,464	23.7%
Other Revenue	$4,577	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$80,300	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$293,550	39.1%

Assets/Debt
Total Assets	$2,294,469
Total Liabilities	$760,114
Net Assets	$1,534,355

Club or Co-Op Income
Initiation Fees & Contributions	$9,147
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Tom Love (Commodore)	$0	$0	$0
Craig Winn (Vice Commodore)	$0	$0	$0
Chris Sherman (Rear Commodore)	$0	$0	$0
Mike Clark (Recording Secretary)	$0	$0	$0
Mona Carmody (Treasurer)	$0	$0	$0

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990

Filed on May 19, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$958,473

Expenses

$554,027

Net Income

$404,446

Net Assets

$1,094,069

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$685,620	71.5%
Program Services	$88,940	9.3%
Investment Income	$219	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$9,750
Sales of Assets	$0
Net Inventory Sales	$185,892	19.4%
Other Revenue	$7,552	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$80,565	14.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$207,795	37.5%

Assets/Debt
Total Assets	$1,108,061
Total Liabilities	$13,992
Net Assets	$1,094,069

Club or Co-Op Income
Initiation Fees & Contributions	$9,147
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Mike Apling (Commodore)	$0	$0	$0
Doug Tagsold (Vice Commodore)	$0	$0	$0
Jim Ott (Rear Commodore)	$0	$0	$0
Mike Clark (Recording Secretary)	$0	$0	$0
Beth Watters (Executive Secretary/Treasurer)	$0	$0	$0
Laura Schaedler (Board Member)	$0	$0	$0
Craig Winn (Board Member)	$0	$0	$0
Shelly Shepherd (Board Member)	$0	$0	$0
Winn Esterline (Board Member)	$0	$0	$0
Tom Love (Board Member)	$0	$0	$0
Brent Mercer (Board Member)	$0	$0	$0
Terry Clark (Aux. President)	$0	$0	$0
Jon Cousino (Fleet Captain)	$0	$0	$0

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990

Filed on April 30, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$607,673

Expenses

$571,215

Net Income

$36,458

Net Assets

$689,623

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$337,300	55.5%
Program Services	$87,660	14.4%
Investment Income	$382	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$22,372	3.7%
Sales of Assets	$0
Net Inventory Sales	$151,336	24.9%
Other Revenue	$8,623	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$72,130	12.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$201,809	35.3%

Assets/Debt
Total Assets	$700,446
Total Liabilities	$10,823
Net Assets	$689,623

Club or Co-Op Income
Initiation Fees & Contributions	$9,147
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Beth Watters (Executive Secretary/Treasurer)	$7,940	$0	$0
Mike Apling (Commodore)	$0	$0	$0
Doug Tagsold (Vice Commodore)	$0	$0	$0
Jim Ott (Rear Commodore)	$0	$0	$0
Mike Clark (Recording Secretary)	$0	$0	$0
Laura Schaedler (Board Member)	$0	$0	$0
Craig Winn (Board Member)	$0	$0	$0
Shelly Shepherd (Board Member)	$0	$0	$0
Winn Esterline (Board Member)	$0	$0	$0
Tom Love (Board Member)	$0	$0	$0
Brent Mercer (Board Member)	$0	$0	$0
Terry Clark (Aux. President)	$0	$0	$0
Jon Cousino (Fleet Captain)	$0	$0	$0

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990

Filed on April 28, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$649,621

Expenses

$549,195

Net Income

$100,426

Net Assets

$653,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$395,291	60.8%
Program Services	$85,361	13.1%
Investment Income	$231	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$160,750	24.7%
Other Revenue	$7,988	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$69,000	12.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$187,264	34.1%

Assets/Debt
Total Assets	$663,486
Total Liabilities	$10,321
Net Assets	$653,165

Club or Co-Op Income
Initiation Fees & Contributions	$17,488
Income From Public Use of Club Facilities	$0

990

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

PDF

Fiscal Year Ending Dec.
2015

Revenue

$678,922

Expenses

$552,118

Net Income

$126,804

Net Assets

$552,739

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$411,557	60.6%
Program Services	$86,227	12.7%
Investment Income	$54	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$142,697	21.0%
Other Revenue	$38,387	5.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$243,624	44.1%

Assets/Debt
Total Assets	$567,612
Total Liabilities	$14,873
Net Assets	$552,739

Club or Co-Op Income
Initiation Fees & Contributions	$20,188
Income From Public Use of Club Facilities	$0

990

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

PDF

Fiscal Year Ending Dec.
2014

Revenue

$609,161

Expenses

$587,729

Net Income

$21,432

Net Assets

$425,935

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$397,037	65.2%
Program Services	$90,679	14.9%
Investment Income	$167	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$115,077	18.9%
Other Revenue	$6,201	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$60,010	10.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$192,348	32.7%

Assets/Debt
Total Assets	$442,153
Total Liabilities	$16,218
Net Assets	$425,935

Club or Co-Op Income
Initiation Fees & Contributions	$31,125
Income From Public Use of Club Facilities	$0

990

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

PDF

Fiscal Year Ending Dec.
2013

Revenue

$663,562

Expenses

$563,344

Net Income

$100,218

Net Assets

$404,503

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$434,216	65.4%
Program Services	$91,284	13.8%
Investment Income	$123	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$131,593	19.8%
Other Revenue	$6,346	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$60,010	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$190,650	33.8%

Assets/Debt
Total Assets	$454,964
Total Liabilities	$50,461
Net Assets	$404,503

Club or Co-Op Income
Initiation Fees & Contributions	$81,787
Income From Public Use of Club Facilities	$0

990

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

PDF

Fiscal Year Ending Dec.
2012

Revenue

$641,646

Expenses

$563,309

Net Income

$78,337

Net Assets

$304,285

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$404,171	63.0%
Program Services	$82,336	12.8%
Investment Income	$93	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$148,675	23.2%
Other Revenue	$6,371	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$59,010	10.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$188,978	33.5%

Assets/Debt
Total Assets	$434,566
Total Liabilities	$130,281
Net Assets	$304,285

Club or Co-Op Income
Initiation Fees & Contributions	$73,358
Income From Public Use of Club Facilities	$0

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$565,804

Expenses

$535,631

Net Income

$30,173

Net Assets

$216,859

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$338,286	59.8%
Program Services	$73,670	13.0%
Investment Income	$81	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$153,767	27.2%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$58,000	10.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$170,983	31.9%

Assets/Debt
Total Assets	$417,961
Total Liabilities	$201,102
Net Assets	$216,859

Club or Co-Op Income
Initiation Fees & Contributions	$34,338
Income From Public Use of Club Facilities	$0

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

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Devils Lake Yacht Club

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.09M (2024)

Expenses $1.14M (2024)

Total Assets $2.76M (2024)

Total Liabilities $745k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$1.09M (2024)

Expenses

$1.14M (2024)

Total Assets

$2.76M (2024)

Total Liabilities

$745k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004