Sailing Education Association Of Sheboygan Inc is located in Sheboygan, WI. The organization was established in 2012. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Sailing Education Association Of Sheboygan Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sailing Education Association Of Sheboygan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sailing Education Association Of Sheboygan Inc generated $639.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $650.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND FACILITATE PLANS AND PROJECTS TO ELEVATE, SUPPLEMENT, AND ENHANCE THE USAGE OF SAILING AND WATER SPORT FACILITIES/ORGANIZATIONS BENEFITING SHEBOYGAN'S WATERFRONT AND MARINE EDUCATION GENERALLY IN ORDER TO PROVIDE MORE SERVICES AT A REASONABLE COST, WHILE MAXIMIZING THE IMPACT OF THE DONORS' PHILANTHROPIC DOLLARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPANDING AWARENESS, TRAINING AND OPPORTUNITY IN MARINE AND CONSERVATION ACTIVITIES THROUGH EDUCATION, MARKETING AND STRATEGIC OUTREACH. AS WELL AS PROVIDING FINANCIAL ASSISTANCE TO SIMILARILY ENGAGED NON-PROFIT ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Slavens Executive Director | Officer | 40 | $58,500 |
Eric Zufelt Chairman | OfficerTrustee | 10 | $0 |
Jason Bemis Secretary | OfficerTrustee | 2 | $0 |
Denise Cornell Treasurer | OfficerTrustee | 1 | $0 |
Leslie Kohler Director | Trustee | 1 | $0 |
Adam Brotz Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,525 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $592,501 |
Noncash contributions included in lines 1a–1f | $1,034 |
Total Revenue from Contributions, Gifts, Grants & Similar | $597,026 |
Total Program Service Revenue | $32,261 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$267 |
Net Income from Fundraising Events | $7,203 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $639,193 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $58,500 |
Compensation of current officers, directors, key employees. | $14,625 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $213,410 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $18,786 |
Payroll taxes | $21,122 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,300 |
Advertising and promotion | $772 |
Office expenses | $6,438 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,000 |
Travel | $161 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $17,315 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $223,392 |
Insurance | $42,134 |
All other expenses | $5,918 |
Total functional expenses | $650,508 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $158,196 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,047 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $6,154 |
Prepaid expenses and deferred charges | $7,450 |
Net Land, buildings, and equipment | $2,868,812 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,043,659 |
Accounts payable and accrued expenses | $463 |
Grants payable | $0 |
Deferred revenue | $5,800 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $214,164 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $220,427 |
Net assets without donor restrictions | $2,815,402 |
Net assets with donor restrictions | $7,830 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,043,659 |
Over the last fiscal year, Sailing Education Association Of Sheboygan Inc has awarded $28,217 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Sheboygan, WI PURPOSE: FINANCIAL SUPPORT | $25,000 |
Sheboygan, WI PURPOSE: FINANCIAL SUPPORT | $3,217 |
Over the last fiscal year, we have identified 4 grants that Sailing Education Association Of Sheboygan Inc has recieved totaling $1,001,071.
Awarding Organization | Amount |
---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SUSTAINING SUPPORT | $500,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SUSTAINING SUPPORT | $500,000 |
Kohler Foundation Inc Kohler, WI PURPOSE: ADAPTIVE BOATING | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Organization Name | Assets | Revenue |
---|---|---|
Grow Boating Inc Chicago, IL | $0 | $3,002,017 |
Usa Swimming Inc Rolling Meadows, IL | $1,062,881 | $1,962,511 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Rochester Swim Club Orcas Rochester, MN | $1,478,113 | $1,744,806 |
New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |
Hinsdale Swim Club Hinsdale, IL | $218,459 | $1,100,426 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |