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Nonprofit · EIN 31-1679711

GREAT CHESAPEAKE BAY SWIM INC

Tax-exempt · BALTIMORE, MD 21202

Financials

$369K$171K2023$155K$254K2024$112K$186K2025
Revenue Expenses · by fiscal year end
Financials of GREAT CHESAPEAKE BAY SWIM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$112,300$186,073-$73,773$92,622$0$92,622
December 31, 2024990$154,596$253,920-$99,324$166,395$0$166,395
December 31, 2023990$368,587$171,072$197,515$265,719$0$265,719
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$26,246
Program service revenue
$0
Investment income
$0
Net income from fundraising events
$86,054
Other revenue
$86,054

Expenses

Grants and similar amounts paid
$145,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,630
Program services (functional)
$145,000
Management and general (functional)
$41,073

Balance sheet and other

Total assets, start of year
$166,395
Total assets, end of year
$92,622
Total liabilities, end of year
$0
Net assets, end of year
$92,622
Net assets without donor restrictions
$92,622
Gross receipts
$190,372
Employees
0
Volunteers
375
Year formed
1999
State of legal domicile
MD

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.

NameTitleHours / weekCompensation
SHERRI TOLLEYPRESIDENT
Trustee or director, Officer
8$0
DEBBIE DAWSONDIRECTOR
Trustee or director
0.25$0
THERESA MORNINGSTARDIRECTOR
Trustee or director
0.25$0
JASON CHANCEDIRECTOR
Trustee or director
8$0
MICHAEL LEARSDIRECTOR
Trustee or director
0.25$0
CHARLES NABITDIRECTOR
Trustee or director
0.25$0
SUSAN SARUBINDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
SHERRI TOLLEYPRESIDENT
Trustee or director, Officer
8$0
DEBBIE DAWSONDIRECTOR
Trustee or director
0.25$0
THERESA MORNINGSTARDIRECTOR
Trustee or director
0.25$0
JASON CHANCEDIRECTOR
Trustee or director
8$0
MICHAEL LEARSDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SHERRI TOLLEYPRESIDENT
Trustee or director, Officer
8$0
DEBBIE DAWSONDIRECTOR
Trustee or director
0.25$0
THERESA MORNINGSTARDIRECTOR
Trustee or director
0.25$0
JASON CHANCEDIRECTOR
Trustee or director
8$0
MICHAEL LEARSDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
20 COMMERCE ST, BALTIMORE, MD 21202-3208
Principal officer (990 for 2025)
SHERRI TOLLEY, 20 COMMERCE STREET, BALTIMORE, MD 21202
Signed the 990
SHERRI TOLLEY, PRESIDENT
Phone
(410) 727-2404
Return prepared by
WATKINS UIBERALL PLLC

Mission

THE GREAT CHESAPEAKE BAY SWIM (GCBS) SERVES AS A CHARITABLE FUNDRAISING EVENT TO BENEFIT OTHER CHARITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE GREAT CHESAPEAKE BAY SWIM (GCBS) IS ONE OF AMERICA'S PREMIER OPEN WATER SWIM CHALLENGES. THE ANNUAL EVENT IS SCHEDULED FOR THE SECOND SUNDAY OF JUNE AND CONSISTS OF A 4.4 MILE SWIM ACROSS MARYLAND'S CHESAPEAKE BAY.
    Expenses $145,000 · grants $145,000

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1679711
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$92,622
Income (IRS master file)
$190,372

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$112,300$186,073$92,622XML
990December 2024$154,596$253,920$166,395XML
990December 2023$368,587$171,072$265,719XML
990December 2022$102,067$49,176$68,204IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 31-1679711).

Questions about GREAT CHESAPEAKE BAY SWIM INC

What is the EIN of GREAT CHESAPEAKE BAY SWIM INC?
The employer identification number (EIN) of GREAT CHESAPEAKE BAY SWIM INC is 31-1679711.
Is GREAT CHESAPEAKE BAY SWIM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to GREAT CHESAPEAKE BAY SWIM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREAT CHESAPEAKE BAY SWIM 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 GREAT CHESAPEAKE BAY SWIM 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 GREAT CHESAPEAKE BAY SWIM 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 GREAT CHESAPEAKE BAY SWIM INC?
The 990 for the year ended December 31, 2025 names SHERRI TOLLEY.
Who are the officers and directors of GREAT CHESAPEAKE BAY SWIM INC?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does GREAT CHESAPEAKE BAY SWIM INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $112,300, expenses of $186,073 and total assets of $92,622 at year end.

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