2025-09-21T16:02:31-05:00 2024-12-31 570776381 WEBSTERROGERS LLP 1411 2ND LOOP RD FLORENCE SC 29505 990 2024-01-01 570905093 SPRING ISLAND TRUST SPRI 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29910 MIKE WHEELER TREASURER 8439872127 2025-09-21 1 0 TABATHA R BELLFLOWERSEA P01314866 8436655900 2025-09-21 2024 2025-03-06 01:10:19Z MIKE WHEELER 174 CALLAWASSIE DRIVE OKATIE SC 29910 2594638 0 X WWW.SPRINGISLANDTRUST.ORG X 1987 SC TO INSURE PRESERVATION AND PROTECTION OF THE ISLAND'S ENVIRONMENT AND CULTURAL HISTORY. 11 11 8 0 0 0 1189888 1257659 93596 131401 189797 342333 513027 559966 1986308 2291359 21500 25000 0 0 706401 782501 0 0 70023 631268 783914 1359169 1591415 627139 699944 8548778 9648779 42455 54492 8506323 9594287 FOR THE PURPOSE OF MAINTAINING A NATURE PRESERVE, IMPROVING AND PRESERVING THE HABITAT OF RARE ANIMAL SPECIES AND ECOSYSTEMS, PRESERVATION OF AN ENVIRONMENTAL CONSERVANCY, AND PROVIDING FOR EDUCATIONAL AND SCIENTIFIC RESEARCH FOR THE PUBLIC. 0 0 1247284 25000 131401 HABITAT IMPROVEMENTS EXPENSES/NATURE PRESERVE - PRESERVATION OF AN ENVIRONMENTAL CONSERVATORY INCLUDING RARE ANIMAL SPECIES AND ECOSYSTEMS - EDUCATE SPRING ISLAND RESIDENTS TO BE WISE ENVIRONMENTAL STEWARDS OF THEIR PROPERTIES AND SUPPORT SCIENTIFIC RESEARCH THAT LEADS TO MORE EFFECTIVE HABITAT MANAGEMENT ON SPRING ISLAND. 1247284 1 1 0 0 0 0 1 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 22 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 SC X CRAIG J SIMONSON 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29909 BETSY CHAFFIN EMERITUS 1.00 X 0 0 0 DEAN HARRIGAL DIRECTOR 1.00 X 0 0 0 TOMMY BOYLE DIRECTOR 1.00 X 0 0 0 CARIN SHERMAN DIRECTOR 1.00 X 0 0 0 DANCY CASSELL DIRECTOR 1.00 X 0 0 0 MICHAEL GARCIA DIRECTOR 1.00 X 0 0 0 SALLY MCALISTER DIRECTOR 1.00 X 0 0 0 THOMAS LODGE DIRECTOR 1.00 X 0 0 0 CHARLES KALMBACH TREASURER 1.00 X 0 0 0 JANE TIERNEY SECRETARY 1.00 X 0 0 0 MIKE WHEELER VICE-CHAIRMAN 1.00 X 0 0 0 ANDREW JONES EXECUTIVE DIRECTOR 40.00 X 150923 0 14215 ANDREW GEOGHEGAN CHAIRMAN 5.00 X 0 0 0 ANTHONY MILLS NATURALIST 40.00 X 107000 0 3960 257923 0 18175 2 0 1 0 0 1257659 1257659 NATIVE PLANT PROJECT 611710 43529 43529 TRIPS AND TOURS 611710 40370 40370 OTHER PROGRAM REVENUES 611710 20612 20612 MASTER NATURALIST 611710 17250 17250 CAMP SPRING ISLAND 611710 9640 9640 131401 286481 286481 359131 303279 55852 55852 55852 REAL ESTATE REVENUES 531390 553210 553210 OTHER REVENUE 900099 3906 3906 RENTAL REVENUE 532000 2850 2850 559966 2291359 131401 0 902299 X 25000 25000 165139 145421 12336 7382 617362 543640 46140 27582 107948 13966 93982 182765 142405 40360 37298 6903 24158 6237 30210 30210 54717 50193 4524 52845 22315 3966 26564 102416 102416 70999 43146 27853 REPAIRS AND MAINTENANCE 52876 47710 5166 SUPPLIES 37362 33309 1795 2258 LANDSCAPING SUPPLIES 25958 25458 500 BANK CHARGES 7181 7181 21339 15192 6147 1591415 1247284 274108 70023 1738040 1775086 32133 2284938 1121154 1142864 1163784 5635741 6709909 8548778 9648779 6084 33392 36371 21100 42455 54492 X 8326323 9594287 180000 0 8506323 9594287 8548778 9648779 699944 388020 0 X X 0 1 X 1 0 X 1005821 1181618 1189931 1189888 1257659 5824917 103451 79229 128774 93596 131401 536451 1109272 1260847 1318705 1283484 1389060 6361368 0 84455 45752 30290 160497 84455 45752 30290 160497 6200871 51754 624775 492229 697672 846447 2712877 51754 624775 492229 697672 846447 2712877 1161026 1885622 1810934 1981156 2235507 9074245 0.68330 0.74260 0.29900 0.24130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 1133.00 0 0 0 1 1 2000.00 0 X 0 3829701 375000 511954 4716655 3048269 300000 481432 3829701 3002775 45494 3048269 2683648 319127 3002775 2382794 300854 2683648 1.00000 0 0 673308 673308 989396 789548 199848 234047 98265 135782 388187 233341 154846 1163784 SALARIES PAYABLE 17057 DUE TO AFFILIATES 4043 21100 X 2679379 388020 388020 2291359 0 2291359 1591415 0 1591415 0 1591415 PART V, LINE 4: THESE FUNDS ARE TO PROVIDE A FINANCIAL BASE TO HELP PROVIDE THE NEEDED FUNDS TO SUSTAIN THE TRUST. PART X, LINE 2: THE TRUST IS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). AS SUCH, THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES EXCEPT ON THE NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. FOR THE YEARS ENDED DECEMBER 31, 2024, THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME AND ACCORDINGLY, THE TRUST INCURRED NO INCOME TAX LIABILITY FOR 2024. THE TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2024. BECAUSE THE TRUST IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE 501 (C)(3), IT IS GENERALLY NOT EXPOSED TO INTEREST AND PENALTIES RELATED TO INCOME TAXES. WHEN APPLICABLE, THE TRUST RECONGIZES INTEREST AND PENALTIES PAID RELATED TO TAX OBLIGATIONS AND BENEFITS IN MANAGEMENT AND GENERAL EXPENSES. THE TRUST FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF SOUTH CAROLINA. PART III, LINE 1A: ARTWORK IS GENERALLY RECEIVED THROUGH AN EXCHANGE OF ROOM AND BOARD COSTS PROVIDED THROUGH THE VISITING ARTIST PROGRAM. 1 UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON ST COLUMBIA SC 29208 576001153 501(C)(3) 15000 0 PROGRAMS CLEMSON UNIVERSITY 110 DANIEL DRIVE CLEMSON SC 29631 570426335 501(C)(3) 10000 0 PROGRAMS 2 X 0 0 0 0 0 0 0 0 0 ANDREW JONES EXECUTIVE DIRECTOR 136923 0 14000 0 0 0 0 0 14215 0 165138 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPOSED OF MEMBERS. ALL PROPERTY OWNERS ON SPRING ISLAND HAVE THE RIGHT TO BE MEMBERS OF SPRING ISLAND TRUST. FORM 990, PART VI, SECTION A, LINE 7A NINE TRUSTEES ARE ELECTED BY THE MEMBERS OF THE TRUST AND SERVE STAGGERED THREE YEAR TERMS. ONE ADDITIONAL TRUSTEEE IS APPOINTED BY BOTH SPRING ISLAND CLUB AND SPRING ISLAND PROPERTY OWNERS ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS PREPARED IN CONJUNCTION WITH AN AUDIT OF THE FINANCIAL STATEMENTS. AFTER PREPARATION, AND BEFORE FILING, COPIES OF THE RETURN ARE PROVIDED TO THE EXECUTIVE DIRECTOR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION ARRANGEMENTS ARE DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 142,405. MANAGEMENT AND GENERAL EXPENSES 40,360. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 182,765. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS FOR THE AUDIT SPRING ISLAND CLUB 42 MOBLEY OAKS LANE OKATIE SC 29909 570905091 PRIVATE COUNTRY CLUB SC 501(C)(7) 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION 42 MOBLEY OAKS LANE OKATIE SC 29909 570905361 PROPERTY OWNER ASSOCIATION SC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0