2013-11-15T09:02:05-06:00 2012-12-31 410887288 BOULAY HEUTMAKER ZIBELL & CO PLLP 7500 FLYING CLOUD DRIVE 800 MINNEAPOLIS MN 55344 990 2012-01-01 411986402 WAYZATA SAILING FOUNDATION WAYZ 9524765875 PO BOX 768 WAYZATA MN 55391 ROSS SIEMERS 9524765875 2013-11-12 1 LANCE R MADSON P00131735 9528939320 2013-11-11 2012 2016-02-25 16:41:14Z WAYZATA COMMUNITY SAILING CENTER HOWARD NOREEN PO BOX 768 WAYZATA MN 55391 823349 0 X WWW.WAYZATASAILING.ORG X 2000 MN THE WAYZATA SAILING FOUNDATION'S PURPOSE IS PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS, FACILITIES AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS. 10 10 17 75 0 0 88444 536344 232812 250469 4137 5794 6500 11121 331893 803728 11010 13917 0 0 165564 190214 0 81418 91390 250294 194808 426868 480357 -94975 323371 2308948 2593043 778121 738845 1530827 1854198 X THE MISSION OF THE WAYZATA SAILING FOUNDATION IS TO INCREASE THE EDUCATION OF, UNDERSTANDING OF, AND APPRECIATION OF SAILING BOTH IN COMPETITIVE RACING AND RECREATIONAL CRUISING. THE FOUNDATION UNDERTAKES FUNDRAISING TO:SUPPORT PUBLIC SAILING CLINICS FOR STUDENTS IN THE LOCAL COMMUNITY. PROMOTE COMMUNITY YOUTH SAILING BY PROVIDING BOATS, ACCESSORIES AND INSTRUCTION IN AFFORDABLE CLASSES FOR STUDENTS WHO OTHERWISE WOULD NOT HAVE SUCH AN OPPORTUNITY. SUPPORT OTHER NON-PROFIT AND 501(C)3 ORGANIZATIONS THAT INTRODUCE AND FURTHER THE ENJOYMENT OF SAILING AND SAILBOAT RACING FOR YOUTH THROUGH EDUCATION. UNDERWRITE TRAINING, EDUCATION AND COMPETITION FOR NON-PROFIT YOUTH SAILING TEAMS. THE WAYZATA SAILING FOUNDATION DOES NOT, AND WILL NOT, DISCRIMINATE IN ANY MANNER WITH RESPECT TO RACE, CREED, NATIONAL OR CULTURAL ORIGIN, GENDER, OR SEXUAL PREFERENCE. 0 0 281869 13917 231268 SUMMER CAMPS WERE HELD FROM JUNE THROUGH AUGUST FOR CHILDREN AGES 5 TO 16 ALLOWING CHILDREN TO LEARN AND FINE TUNE THEIR SKILLS AS WELL AS PROMOTE FUN, SAFETY AND RESPONSIBILITY ON THE WATER. IN ADDITION, THE ORGANIZATION HOSTED SAILING SERIES WHERE TEAMS COMPETED AT THE VARIOUS METRO LAKES THOUGHOUT THE SUMMER. 36956 30322 THE ORGANZIATION HOSTED VARIOUS SPECIAL EVENTS THROUGHOUT THE YEAR RELATED TO SAILING ACTIVITIES INCLUDING SAILING CLINICS AND REGATTAS. 318825 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 17 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MN X BETH FOSTER 6127412313 3405 NORTHOME ROAD WAYZATA MN 55391 ROSS SIEMERS 3.00 X X 0 0 0 JAMES BELTZ 3.00 X X 0 0 0 ROBB HARRISS 3.00 X X 0 0 0 PATRICK MALONEY 3.00 X 0 0 0 DOUG SAUTER 3.00 X X 0 0 0 HOWARD NOREEN 3.00 X 0 0 0 ERNEST BRODY 3.00 X 0 0 0 HOLLAND CAPPER 40.00 X 70700 0 0 ED TOWEY 3.00 X 0 0 0 LEE VIRNIG 3.00 X 0 0 0 PATRICIA HICKS 3.00 X 0 0 0 70700 0 0 0 0 0 0 0 416926 119418 536344 TUITION AND FEES 713990 220147 220147 SPECIAL EVENTS 713990 30322 30322 250469 5083 5083 2675 0 2675 2675 2675 13832 6500 13946 5675 -114 825 711 711 0 416926 0 0 2795 0 2795 2795 SLIPS & MOORING 900099 5651 5651 5651 803728 261590 0 5794 10352 10352 3565 3565 177009 139271 31858 5880 13205 10389 2377 439 2000 2000 81418 81418 3930 3930 8984 7119 1356 509 6978 1273 5626 79 9899 9899 48422 38099 10323 30036 23632 5406 998 17142 13692 2912 538 PROPERTY TAX 27350 17537 8284 1529 MAINTENANCE 13077 13077 BOAT EXPENSE 10537 10537 SPECIAL EVENT EXPENSE 6750 6750 9703 9703 480357 318825 70142 91390 21420 144499 172440 510 2465408 304948 2171042 2160460 116486 115134 2308948 2593043 24484 7436 702853 683294 50784 48115 778121 738845 X 0 0 0 0 1530827 1854198 1530827 1854198 2308948 2593043 323371 0 X 0 0 0 X 186413 180978 271465 295312 786814 1720982 186413 180978 271465 295312 786814 1720982 1720982 7255 4392 5167 4931 5084 26829 19868 22108 26421 32445 11120 111962 1859773 0.92540 0.88970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111929 -146 5388 106394 107571 9923 5565 111929 1.00000 0 0 1861167 1861167 260200 35756 224444 344041 269192 74849 2160460 802903 0 802903 825 825 803728 479532 -825 -825 480357 0 480357 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO HELP DEFRAY COSTS RELATED TO COLLEGE RACES AND PROVIDE SAILING SCHOLARSHIPS TO INDIVIDUALS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF PROPERTY PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON SALE OF PROPERTY ON FINANCIAL STATEMENTS ISSUED GAIN ON SALE OF PROPERTY WAS INCLUDED WITH FUNCTIONAL EXPENSES BUT FOR TAX RETURN REPORTING WAS INCLUDED ON THE STATEMENT OF REVENUE. X 1 FUNDRAISING & DEVELOPMENT INC 19980 COTTAGEWOOD ROAD DEEPHAVEN MN 55331 0 356832 68496 288336 356832 68496 288336 MN CAPITAL CAMPAIGN 356832 356832 68496 ANNUAL APPEAL 23548 23548 1970 2 36546 36546 10952 416926 416926 81418 81418 -81418 1 DOING BUSINESS AS FORM 990, PART I, ITEM C DBA: WAYZATA COMMUNITY SAILING CENTER DBA: WAYZATA SAILING SCHOOL FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERSHIP CONSISTS OF ALL DUES PAYING MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF WAYZATA SAILING FOUNDATION ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH REGULAR INQUIRIES MADE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF KEY EMPLOYEES IS MADE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS, CODE OF ETHICS, DIVERSITY STATEMENT, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST ONLY. WAYZATA YACHT CLUB PO BOX 585 WAYZATA MN 55391 237120748 SAILING EDUCATION MN 501(C)(7) III-O N/A 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0