Nonprofit · EIN 45-4531055
GULF COAST SAILING FOUNDATION
Tax-exempt · GULFPORT, MS 39502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $9,822 | $19,066 | -$9,244 | $60,879 | $0 | $60,879 |
| December 31, 2023 | 990-EZ | $11,618 | $33,181 | -$21,563 | $70,123 | $0 | $70,123 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Net gain from sales of assets
- $6,822
- Other revenue
- $3,000
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,875
- Occupancy
- $11,300
- Other expenses
- $5,891
Balance sheet and other
- Total assets, start of year
- $70,123
- Total assets, end of year
- $60,879
- Total liabilities, end of year
- $0
- Net assets, end of year
- $60,879
- Cash, savings and investments
- $42,119
- Gross receipts
- $17,250
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE NOLTE | PRESIDENT | 0 | $0 |
| JOHN DANE III | VICE PRESIDENT | 0 | $0 |
| MONICA HEWES | TREASURER | 0 | $0 |
| COURTNEY COLLIER | SECRETARY | 0 | $0 |
| SUE ROKAW | BOARD MEMBER | 0 | $0 |
| TINA MARTIN | BOARD MEMBER | 0 | $0 |
| CALEB ULKU | BOARD MEMBER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE NOLTE | PRESIDENT | 0 | $0 |
| JOHN DANE III | VICE PRESIDENT | 0 | $0 |
| MONICA HEWES | TREASURER | 0 | $0 |
| COURTNEY COLLIER | SECRETARY | 0 | $0 |
| SUE ROKAW | BOARD MEMBER | 0 | $0 |
| TINA MARTIN | BOARD MEMBER | 0 | $0 |
| CALEB ULKU | BOARD MEMBER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 600, GULFPORT, MS 39502-0600
- In care of
- % JULIE CHRISTIAN
- Mailing address (990-N for 2017)
- PO Box 600, Gulfport MS 39502
- Principal officer (990-N for 2017)
- Steve Nolte, PO Box 600, Gulfport MS 39502
- Signed the 990-EZ
- STEVE NOLTE, PRESIDENT
- Phone
- (228) 863-6796
- Return prepared by
- WRIGHT WARD HATTEN & GUEL CPAS
Mission
TO PROVIDE FOR THE TRAINING IN THE TECHNIQUES OF RACING SMALL SAILBOATS IN NATIONAL AND INTERNATIONAL COMPETITION AND TO PROVIDE PRACTICE RACING SESSIONS, CLASSROOM LECTURES, SEMINARS AND PANEL DISCUSSIONS THROUGH WITH TRAINEES MAY BE SCHOOLED IN COMPETITIVE HELMSMANSHIP, SAIL HANDLING AND RACING TACTICS.
Program accomplishments
- SUPPORT OF SAILING COMPETITIONS AND TRAINING.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 45-4531055
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $60,879
- Income (IRS master file)
- $17,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $9,822 | $19,066 | $60,879 | XML |
| 990-EZ | December 2023 | $11,618 | $33,181 | $70,123 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: Steve Nolte | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-4531055).
Questions about GULF COAST SAILING FOUNDATION
- What is the EIN of GULF COAST SAILING FOUNDATION?
- The employer identification number (EIN) of GULF COAST SAILING FOUNDATION is 45-4531055.
- Is GULF COAST SAILING FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to GULF COAST SAILING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GULF COAST SAILING FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of GULF COAST SAILING FOUNDATION 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 GULF COAST SAILING FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of GULF COAST SAILING FOUNDATION?
- The 990-N for 2017 names Steve Nolte.
- Who are the officers and directors of GULF COAST SAILING FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does GULF COAST SAILING FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $9,822, expenses of $19,066 and total assets of $60,879 at year end.
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All nonprofits in GULFPORT · Mississippi · Recreation and sports