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Padre Island Yacht Club

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
$253k (2024)

Expenses
$194k (2024)

Total Assets
$586k (2024)

Total Liabilities
$4.71k (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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,667
Expenses
$193,670
Net Income
$58,997
Net Assets
$581,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $138,244
54.7%
Investment Income $8,804
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $105,619
41.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $586,450
Total Liabilities $4,705
Net Assets $581,745
Club or Co-Op Income
Initiation Fees & Contributions $11,959
Income From Public Use of Club Facilities $1,600
Compensation
Key Employees and Officers Compensation Related Other
Drew Diggins (Past Commodore) $0 $0 $0
Mike Hettick (Commodore) $0 $0 $0
Ann Aylesworth (Rear Commodore) $0 $0 $0
Linda Schaeffer (Treasurer) $0 $0 $0
Gail Iwaniak (Vice Commodore) $0 $0 $0
Lee Elledge (Communications Director) $0 $0 $0
Tim Lockman (Cruise Director) $0 $0 $0
Lynn Silberberg (Social Director) $0 $0 $0
Joan Schultz (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$248,910
Expenses
$200,111
Net Income
$48,799
Net Assets
$521,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $141,928
57.0%
Investment Income -$2,265
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $109,247
43.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $524,618
Total Liabilities $3,170
Net Assets $521,448
Club or Co-Op Income
Initiation Fees & Contributions $23,400
Income From Public Use of Club Facilities $700
Compensation
Key Employees and Officers Compensation Related Other
James Thompson (Past Commodore) $0 $0 $0
Drew Diggins (Commodore) $0 $0 $0
Deborah Packer (Rear Commodore) $0 $0 $0
Linda Schaeffer (Treasurer) $0 $0 $0
Justin Davis (Vice Commodore) $0 $0 $0
Lee Neitzel (Communications Director) $0 $0 $0
Mike Hettick (Cruise Director) $0 $0 $0
Kelly Tagliafero (Social Director) $0 $0 $0
Todd Hunter (Secretary) $0 $0 $0
Robert Elizondo (Dockmaster) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$199,202
Expenses
$163,998
Net Income
$35,204
Net Assets
$462,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $128,843
64.7%
Investment Income $1,698
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $68,661
34.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $471,139
Total Liabilities $8,641
Net Assets $462,498
Club or Co-Op Income
Initiation Fees & Contributions $19,500
Income From Public Use of Club Facilities $1,300
Compensation
Key Employees and Officers Compensation Related Other
Polly Balzer (Past Commodore) $0 $0 $0
James Thompson (Commodore) $0 $0 $0
Gail Iwaniak (Rear Commodore) $0 $0 $0
Linda Schaeffer (Treasurer) $0 $0 $0
Dan Herrington (Vice Commodore) $0 $0 $0
Marvin Jones (Communications Director) $0 $0 $0
Robert Pruski (Cruise Director) $0 $0 $0
Beth Zilar (Social Director) $0 $0 $0
Cheryl Wine (Secretary) $0 $0 $0
Robert Elizondo (Dockmaster) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$185,970
Expenses
$180,088
Net Income
$5,882
Net Assets
$446,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $104,609
56.3%
Investment Income $8,825
4.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $72,536
39.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $451,057
Total Liabilities $4,060
Net Assets $446,997
Club or Co-Op Income
Initiation Fees & Contributions $15,000
Income From Public Use of Club Facilities $862
Compensation
Key Employees and Officers Compensation Related Other
Polly Balzer (Commodore) $0 $0 $0
Gail Morris (Vice Commodore) $0 $0 $0
James Thompson (Vice Commodore) $0 $0 $0
Gail Iwaniak (Rear Commodore) $0 $0 $0
Stacey Wells (Treasurer) $0 $0 $0
Dan Herrington (Treasurer) $0 $0 $0
Sandy Graves (Communications Director) $0 $0 $0
Robert Pruski (Cruise Director) $0 $0 $0
Karen Rossi (Social Director) $0 $0 $0
Christine Lee (Secretary) $0 $0 $0
Cheryl Wine (Secretary) $0 $0 $0
John Stokes (Past Commodore) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$185,740
Expenses
$140,967
Net Income
$44,773
Net Assets
$429,274
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $122,699
66.1%
Investment Income $3,011
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$224
Net Inventory Sales $0
Other Revenue $60,254
32.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $438,329
Total Liabilities $9,055
Net Assets $429,274
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sandy Graves (Communicatio) $0 $0 $0
Robert Pruski (Cruise Direc) $0 $0 $0
Karen Rossi (Social Direc) $0 $0 $0
Polly Balzer (Commodore) $0 $0 $0
Polly Balzer (Vice Commodo) $0 $0 $0
Fred Edler (Past Commodo) $0 $0 $0
Ann Marie Horvat Colosi (Secretary) $0 $0 $0
Gail Iwaniak (Rear Commodo) $0 $0 $0
Chris Lee (Secretary) $0 $0 $0
Gail Morris (Rear Commodo) $0 $0 $0
Gail Morris (Vice Commodo) $0 $0 $0
John Stokes (Commodore) $0 $0 $0
John Stokes (Past Commodo) $0 $0 $0
Eldon Tony Vanderzyl (Treasurer) $0 $0 $0
Stacey Wells (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$221,768
Expenses
$182,098
Net Income
$39,670
Net Assets
$377,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $131,172
59.1%
Investment Income $2,047
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $88,549
39.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $389,633
Total Liabilities $11,756
Net Assets $377,877
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joy Clear (Communicatio) $0 $0 $0
Sandy Graves (Communicatio) $0 $0 $0
Robert Pruski (Cruise Direc) $0 $0 $0
Karen Rossi (Social Direc) $0 $0 $0
Dania Whitco (Social Direc) $0 $0 $0
Polly Balzer (Rear Commodo) $0 $0 $0
Polly Balzer (Vice Commodo) $0 $0 $0
Ann Marie Horvat Colosi (Secretary) $0 $0 $0
Vaugh Hunter (Commodore) $0 $0 $0
Gail Morris (Rear Commodo) $0 $0 $0
David Satterwhite (Past Commodo) $0 $0 $0
Butch Smith (Past Commodo) $0 $0 $0
John Stokes (Vice Commodo) $0 $0 $0
John Stokes (Commodore) $0 $0 $0
Eldon Tony Vanderzyl (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$145,433
Expenses
$102,171
Net Income
$43,262
Net Assets
$438,960
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $38,500
26.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $438,960
Total Liabilities $0
Net Assets $438,960
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Vaughn Hunter (Commodore) $0 $0
Eldon Vanderzyl (Treasurer) $0 $0
Ann Marie Colosi (Secretary) $0 $0
John Stokes (Vice Commodore) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$178,454
Expenses
$149,888
Net Income
$28,566
Net Assets
$298,766
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $11
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $78,708
44.1%
Assets/Debt
Total Assets $310,609
Total Liabilities $11,843
Net Assets $298,766
Club or Co-Op Income
Initiation Fees & Contributions $6,000
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Jim Gaugler (Treasurer) $0 $0
Doug Seefeldt (Past Commodo) $0 $0
Jim Tipton (Cruise Direc) $0 $0
Ann Marie Horvat Colosi (Secretary) $0 $0
Dar Capistrant (Social Direc) $0 $0
Gail Morris (Communicatio) $0 $0
David Satterwhite (Vice Commodo) $0 $0
Butch Smith (Commodore) $0 $0
James Thompson (Rear Commodo) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$158,194
Expenses
$152,482
Net Income
$5,712
Net Assets
$270,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $64,057
40.5%
Assets/Debt
Total Assets $307,829
Total Liabilities $37,629
Net Assets $270,200
Club or Co-Op Income
Initiation Fees & Contributions $6,200
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Jim Gaugler (Past Commodo) $0 $0
Doug Seefeldt (Commodore) $0 $0
Bill Vincent (Cruise Direc) $0 $0
Ann Marie Horvat Colosi (Secretary) $0 $0
Gaylor Heemink (Treasurer) $0 $0
Dania Whitco (Social Direc) $0 $0
Adra Campbell (Communicatio) $0 $0
Butch Smith (Vice Commodo) $0 $0
David Satterwhite (Rear Commodo) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$148,954
Expenses
$153,481
Net Income
-$4,527
Net Assets
$264,607
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.2%
Program Services $0
Investment Income $8
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $59,887
40.2%
Assets/Debt
Total Assets $329,491
Total Liabilities $64,884
Net Assets $264,607
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Jim Gaugler (Commodore) $0 $0
Doug Seefeldt (Vice Commodo) $0 $0
Bill Vincent (Rear Commodo) $0 $0
Ann Marie Horvat Colosi (Secretary) $0 $0
Gaylor Heemink (Treasurer) $0 $0
Dar Capistrant (Social Direc) $0 $0
David Gillette (Cruise Direc) $0 $0
Adra Campbell (Communicatio) $0 $0
Vic Schreck (Past Comodor) $0 $0
Barratt Sturtevant (Dock Master) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$150,437
Expenses
$154,432
Net Income
-$3,995
Net Assets
$269,134
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.2%
Program Services $0
Investment Income $8
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $67,059
44.6%
Assets/Debt
Total Assets $346,093
Total Liabilities $76,959
Net Assets $269,134
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Vic Schreck (Commodore) $0 $0
Dave Zilar (Vice Commodo) $0 $0
John Diggins (Rear Commodo) $0 $0
Charlene Forest (Secretary) $0 $0
Jim Gaugler (Treasurer) $0 $0
Jaki Boyd (Social Direc) $0 $0
Jane Gillet (Cruise Direc) $0 $0
Adra Campbell (Communicatio) $0 $0
Fred Edler (Past Comodor) $0 $0
Barratt Sturtevant (Dock Master) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$139,867
Expenses
$121,212
Net Income
$18,655
Net Assets
$257,918
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.2%
Program Services $0
Investment Income $8
0.0%
Net Fundraising $246
0.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $67,908
48.6%
Assets/Debt
Total Assets $352,953
Total Liabilities $95,035
Net Assets $257,918
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Other
Vic Schreck (Commodore) $0 $0
Dave Zilar (Vice Commodore) $0 $0
John Diggins (Rear Commodore) $0 $0
Jim Gaugler (Treasurer) $0 $0
Charlene Forest (Secretary) $0 $0
Jaki Boyd (Social Director) $0 $0
Jane Gillette (Cruise Director) $0 $0
Adra Campbell (Communications) $0 $0
Fred Edler (Past Commodore) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$134,069
Expenses
$114,041
Net Income
$20,028
Net Assets
$253,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $282
0.2%
Program Services $0
Investment Income $13
0.0%
Net Fundraising -$1,715
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $66,032
49.3%
Assets/Debt
Total Assets $366,765
Total Liabilities $113,335
Net Assets $253,430
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$124,842
Expenses
$123,732
Net Income
$1,110
Net Assets
$276,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $642
0.5%
Program Services $3,154
2.5%
Investment Income $19
0.0%
Net Fundraising $199
0.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $52,784
42.3%
Assets/Debt
Total Assets $404,121
Total Liabilities $127,447
Net Assets $276,674
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

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

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

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

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

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

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

About This Data

What Is 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.

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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 »

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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.
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