Nonprofit · EIN 20-4277350
SOMERNITES CRUISE INC
Tax-exempt · SOMERSET, KY 42502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $328,948 | $306,269 | $22,679 | $226,791 | $9,338 | $217,453 |
| December 31, 2024 | 990 | $277,102 | $274,068 | $3,034 | $202,393 | $7,619 | $194,774 |
| December 31, 2023 | 990 | $209,516 | $268,280 | -$58,764 | $191,740 | $0 | $191,740 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $56,299
- of which government grants
- $56,299
- Program service revenue
- $112,180
- Investment income
- $0
- Net income from gaming
- $69,967
- Net income from sales of inventory
- $41,373
- Other revenue
- $160,469
Expenses
- Grants and similar amounts paid
- $19,913
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $9,713
- Travel
- $5,188
- Depreciation
- $15,676
- Program services (functional)
- $285,461
- Management and general (functional)
- $20,808
Balance sheet and other
- Total assets, start of year
- $202,393
- Total assets, end of year
- $226,791
- Total liabilities, end of year
- $9,338
- Net assets, end of year
- $217,453
- Land, buildings and equipment
- $136,571
- Gross receipts
- $440,319
- Employees
- 0
- Volunteers
- 50
- Year formed
- 2005
- State of legal domicile
- KY
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH FLOYD | EXECUTIVE DI Trustee or director | 10 | $0 |
| JIM HARRIS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIM DAULTON | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| PATTY BURNS | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
| CARTER BLEVINS | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP GODSEY | DIRECTOR Trustee or director | 1 | $0 |
| LESA HUDSON | DIRECTOR Trustee or director | 1 | $0 |
| RANDY THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
| ORWIN KUHNAPFEL | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH FLOYD | EXECUTIVE DI Trustee or director | 10 | $0 |
| JIM HARRIS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIM DAULTON | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| PATTY BURNS | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
| RANDY THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP GODSEY | DIRECTOR Trustee or director | 1 | $0 |
| CARTER BLEVINS | DIRECTOR Trustee or director | 1 | $0 |
| LESA HUDSON | DIRECTOR Trustee or director | 1 | $0 |
| JEFF WENIMONT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH FLOYD | EXECUTIVE DI Trustee or director | 10 | $0 |
| JIM HARRIS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RANDY THOMPSON | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| PATTY BURNS | SECRETARY/TR Trustee or director, Officer | 1 | $0 |
| TIM DAULTON | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP GODSEY | DIRECTOR Trustee or director | 1 | $0 |
| CARTER BLEVINS | DIRECTOR Trustee or director | 1 | $0 |
| LESA HUDSON | DIRECTOR Trustee or director | 1 | $0 |
| JEFF WENIMONT | DIRECTOR Trustee or director | 1 | $0 |
| ORWIN KUHNAPFEL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 502, SOMERSET, KY 42502-0502
- Principal officer (990 for 2025)
- KEITH FLOYD, 1001 BARKLEY LANE, SOMERSET, KY 42503
- Signed the 990
- KEITH FLOYD, EXECUTIVE DIRECTOR
- Phone
- (606) 872-2277
- Website
- WWW.SOMERNITESCRUISE.ORG
- Return prepared by
- EVANS HARVILLE ATWELL & CO CPAS PLLC
Mission
PLAN AND IMPLEMENT A SERIES OF AUTOMOBILE SHOWS IN SOMERSET, KY, WHICH WILL RESULT IN PROMOTING A POSITIVE IMAGE OF THE COMMUNITY, BRING TOURISM INCOME TO THE COMMUNITY, AND GENERATE COMMERCE WITHIN THE DOWNTOWN AREA. ALSO ASSIST OTHER NON-PROFIT AND CHARITABLE ORGANIZATIONS IN RAISING FUNDS FOR THEIR PURPOSES.
Program accomplishments
- THE SHOW CONTINUES TO INCREASE TOURISM AND VISITORS TO THE SOMERSET AREA AND COMMERCE TO THE DOWNTOWN SOMERSET AREA. THE INCREASED TOURISM AND VISITORS RESULT IN INCREASED FUNDS AVAILABLE TO THE ORGANIZATION AND FOR OTHER CHARITABLE PURPOSES IN THE AREA.Expenses $285,461 · grants $19,913 · revenue $112,180
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4277350
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S122)
- Assets (IRS master file)
- $226,791
- Income (IRS master file)
- $440,319
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $328,948 | $306,269 | $226,791 | XML |
| 990 | December 2024 | $277,102 | $274,068 | $202,393 | IRS |
| 990 | December 2023 | $209,516 | $268,280 | $191,740 | XML |
| 990 | December 2022 | $274,421 | $302,108 | $250,504 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 20-4277350).
Questions about SOMERNITES CRUISE INC
- What is the EIN of SOMERNITES CRUISE INC?
- The employer identification number (EIN) of SOMERNITES CRUISE INC is 20-4277350.
- Is SOMERNITES CRUISE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to SOMERNITES CRUISE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOMERNITES CRUISE 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 SOMERNITES CRUISE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOMERNITES CRUISE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOMERNITES CRUISE INC?
- The 990 for the year ended December 31, 2025 names KEITH FLOYD.
- Who are the officers and directors of SOMERNITES CRUISE INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does SOMERNITES CRUISE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $328,948, expenses of $306,269 and total assets of $226,791 at year end.
Other nonprofits in SOMERSET
- THE CENTER FOR KENTUCKY RURAL ECONOMIC DEVELOPMENT INC EIN 61-1291304 · last filed 990 for 2025
- SOUTHEAST KENTUCKY ECONOMIC DEVELOPMENT CORPORATION INC EIN 61-1097619 · last filed 990 for 2025
- SOMERSET PULASKI ECONOMIC DEVELOPMENT AUTHORITY INC EIN 83-3393196 · last filed 990 for 2025
- BOWLING GREEN LOCAL MARKETING ASSOCIATION INC EIN 87-1291903 · last filed 990 for 2025
- SPEDA COMMUNITY FOUNDATION INC EIN 85-4070374 · last filed 990-EZ for 2025
- SOMERSET JUNIOR WOMANS CLUB EIN 75-3133791 · last filed 990-N for 2025
- KIWANIS CLUB OF SOMERSET KENTUCKY FOUNDATION INC EIN 81-0761171 · last filed 990-N for 2024
- SHS WOMEN OF 69 EIN 27-2240357 · last filed 990-N for 2025
All nonprofits in SOMERSET · Kentucky · Community improvement and capacity building