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Nonprofit · EIN 04-3212914

SIASCONSET BEACH PRESERVATION FUND INC

Tax-exempt · NANTUCKET, MA 02584

Financials

$875K$638K2023$817K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of SIASCONSET BEACH PRESERVATION FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$817,255$1,169,682-$352,427$3,408,007$6,749,888-$3,341,881
December 31, 2023990$874,565$638,081$236,484$3,754,366$6,743,820-$2,989,454
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$817,233
Program service revenue
$0
Investment income
$22
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$16,329
Salaries, compensation and benefits (total)
$16,329
Professional fundraising fees
$0
Legal fees
$141,264
Accounting fees
$61,837
Depreciation
$277,581
Program services (functional)
$1,087,893
Management and general (functional)
$78,523
Fundraising (functional)
$3,266

Balance sheet and other

Total assets, start of year
$3,754,366
Total assets, end of year
$3,408,007
Total liabilities, end of year
$6,749,888
Net assets, end of year
-$3,341,881
Land, buildings and equipment
$2,847,720
Net assets without donor restrictions
-$3,341,881
Gross receipts
$817,255
Employees
1
Volunteers
9
Year formed
1993
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSHUA POSNERPRESIDENT
Trustee or director, Officer
18$0
F HELMUT WEYMARVICE PRESIDENT/TREASURER
Trustee or director, Officer
7$0
DOUGLAS HENDRICKSONVICE PRESIDENT
Trustee or director, Officer
0.1$0
KERMIT ROOSEVELTCLERK
Trustee or director, Officer
1$0
ALBERT E LUSSIER JRTRUSTEE
Trustee or director
0.1$0
JOHN OSBORNTRUSTEE
Trustee or director
0.1$0
BRUCE RITTERTRUSTEE
Trustee or director
0.1$0
THOMAS TUTTLETRUSTEE
Trustee or director
2$0
MERIDITH MOLDENHAUERTRUSTEE
Trustee or director
0.1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JOSHUA POSNERPRESIDENT
Trustee or director, Officer
18$0
F HELMUT WEYMARVICE PRESIDENT/TREASURER
Trustee or director, Officer
7$0
DOUGLAS HENDRICKSONVICE PRESIDENT
Trustee or director, Officer
0.1$0
KERMIT ROOSEVELTCLERK
Trustee or director, Officer
1$0
ALBERT E LUSSIER JRTRUSTEE
Trustee or director
0.1$0
JOHN OSBORNTRUSTEE
Trustee or director
0.1$0
BRUCE RITTERTRUSTEE
Trustee or director
0.1$0
ELIZABETH SINGERTRUSTEE
Trustee or director
0.1$0
THOMAS TUTTLETRUSTEE
Trustee or director
2$0
MERIDITH MOLDENHAUERTRUSTEE
Trustee or director
0.1$0

Address and contacts

Address (IRS master file)
PO BOX 2279, NANTUCKET, MA 02584-2279
Principal officer (990 for 2024)
JOSHUA POSNER, PO BOX 2279, NANTUCKET, MA 02584
Signed the 990
HELMUT WEYMAR, VICE PRESIDENT/TREASURER
Phone
(617) 549-3232
Return prepared by
LEONARD MULHERIN & GREENE PC

Mission

TO REDUCE BEACH EROSION BY PROTECTING AND PRESERVING THE SHORELINE OF SIASCONSET BEACH IN NANTUCKET, MASSACHUSETTS.

990 for the year ended December 31, 2024

Program accomplishments

  • VARIOUS EFFORTS TO REDUCE BEACH EROSION BY PROTECTING AND PRESERVING THE SHORELINE OF SIASCONSET BEACH IN NANTUCKET, MASSACHUSETTS.
    Expenses $1,087,893

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3212914
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C320)
Assets (IRS master file)
$3,408,007
Income (IRS master file)
$817,255

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$817,255$1,169,682$3,408,007XML
990December 2023$874,565$638,081$3,754,366XML
990December 2022$645,662$2,699,979$4,125,048IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3212914).

Questions about SIASCONSET BEACH PRESERVATION FUND INC

What is the EIN of SIASCONSET BEACH PRESERVATION FUND INC?
The employer identification number (EIN) of SIASCONSET BEACH PRESERVATION FUND INC is 04-3212914.
Is SIASCONSET BEACH PRESERVATION FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to SIASCONSET BEACH PRESERVATION FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SIASCONSET BEACH PRESERVATION FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SIASCONSET BEACH PRESERVATION FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SIASCONSET BEACH PRESERVATION FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SIASCONSET BEACH PRESERVATION FUND INC?
The 990 for the year ended December 31, 2024 names JOSHUA POSNER.
Who are the officers and directors of SIASCONSET BEACH PRESERVATION FUND INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does SIASCONSET BEACH PRESERVATION FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $817,255, expenses of $1,169,682 and total assets of $3,408,007 at year end.

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