Nonprofit · EIN 57-0600562
SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION
Tax-exempt · JOHNS ISLAND, SC 29455
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,348,363 | $12,612,274 | -$263,911 | $21,853,848 | $1,574,775 | $20,279,073 |
| December 31, 2023 | 990 | $11,144,122 | $8,312,514 | $2,831,608 | $21,407,757 | $864,773 | $20,542,984 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,994,664
- Investment income
- $234,810
- Other revenue
- $1,118,889
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $585,314
- Other salaries and wages
- $1,344,306
- Salaries, compensation and benefits (total)
- $2,137,460
- Professional fundraising fees
- $0
- Depreciation
- $602,168
- Program services (functional)
- $10,089,818
- Management and general (functional)
- $2,522,456
Balance sheet and other
- Total assets, start of year
- $21,407,757
- Total assets, end of year
- $21,853,848
- Total liabilities, end of year
- $1,574,775
- Net assets, end of year
- $20,279,073
- Land, buildings and equipment
- $8,060,967
- Net assets without donor restrictions
- $10,294,645
- Net assets with donor restrictions
- $9,984,428
- Gross unrelated business income
- $78,410
- Gross receipts
- $12,348,363
- Employees
- 42
- Volunteers
- 22
- Year formed
- 1972
- State of legal domicile
- SC
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER PATON | EXECUTIVE DIRECTOR Officer | 40 | $247,338 | $24,759 |
| STEVEN HIRSCH | DIRECTOR OF ENGINEERING Key employee | 40 | $200,995 | $25,141 |
| STEPHEN J ARNOLD | DIRECTOR OF FINANCE Officer | 40 | $136,981 | $18,543 |
| KATRINA BURRELL | DIR. OF ADMIN & ARCH. REVI Highest-paid employee | 40 | $132,684 | $21,619 |
| NICHOLAS PORTER | LAKE HOUSE DIRECTOR Highest-paid employee | 40 | $102,490 | $11,237 |
| CINDY O'NEIL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MIKE SANKOVICH | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SUE FERLAND | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JOYCE PHILLIPS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BRADLEY PHILLIPS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MARYANNE CONNELLY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| THOMAS JOHNSON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DAVID BROWN | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| JOHN LASSITER | VICE PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| MARK NEATH | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID CRUSE | SECRETARY Trustee or director, Officer | 4 | $0 |
| SUSAN MAY | LEGAL CHAIR Trustee or director, Officer | 4 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER PATON | EXECUTIVE DIRECTOR Officer | 40 | $261,919 | $20,846 |
| STEVEN HIRSCH | DIRECTOR OF ENGINEERING Key employee | 40 | $208,958 | $24,365 |
| STEPHEN J ARNOLD | DIRECTOR OF FINANCE Officer | 40 | $157,709 | $19,424 |
| KATRINA BURRELL | DIR. OF ADMIN & ARCH. REVI Highest-paid employee | 40 | $134,674 | $21,601 |
| JOHN SESODY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MIKE SANKOVICH | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SUE FERLAND | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JOYCE PHILLIPS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BRADLEY PHILLIPS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| LISA RYAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| THOMAS JOHNSON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BILL CONNOLLY | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| DAVID BROWN | VICE PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| WARREN WEBER | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| DAVID CRUSE | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| SUSAN MAY | LEGAL CHAIR Trustee or director, Officer | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1202 LANDFALL WAY, JOHNS ISLAND, SC 29455-6335
- Principal officer (990 for 2024)
- MARK NEATH, 1202 LANDFALL WAY, JOHNS ISLAND, SC 29455
- Signed the 990
- MARK NEATH, TREASURER
- Phone
- (843) 725-1557
- Website
- WWW.SIPOA.ORG
- Return prepared by
- ELLIOTT DAVIS ADVISORY LLC
Mission
TO PRESERVE THE PROPERTY VALUES AND QUALITY OF LIFE OF THE COMMUNITY THROUGH DEVELOPMENT AND IMPLEMENTATION OF PROGRAMS TO PROTECT THE ENVIRONMENT, FACILITATE ACQUISITION AND MAINTENANCE OF GREEN SPACE, AND TO PROVIDE FOR THE HEALTH, SAFETY, SECURITY, AND WELFARE OF PROPERTY OWNERS.
Program accomplishments
- PRIVATE PATROL SERVICE - THE ASSOCIATION PROVIDES A PRIVATE PATROL SERVICE TO THE COMMUNITY, WHICH IS ANOTHER IMPORTANT ASSOCIATION ACTIVITY THAT PROMOTES THE GENERAL WELFARE OF THE COMMUNITY. THE PATROL SERVICE DUTIES INCLUDE PATROLLING THE COMMUNITY WHILE WATCHING OUT FOR UNUSUAL OR SUSPICIOUS ACTIVITY TO REDUCE CRIME. MINOR TRAFFIC MATTERS ARE HANDLED BY THE UNARMED ASSOCIATION SECURITY STAFF. MORE SERIOUS MATTERS ARE HANDLED BY THE COUNTY SHERIFF'S DEPARTMENT. THE ASSOCIATION SECURITY STAFF ACTS AS A LIAISON TO THE CHARLESTON COUNTY SHERRIFF'S DEPARTMENT FOR INCIDENTS THAT OCCUR ON SEABROOK ISLAND, WITH POLICE RADIOS FOR DIRECT CONTACT. THE SECURITY STAFF IS ALSO ALERTED TO 911 CALLS WITHIN THE COMMUNITY AND IN MOST INSTANCES IS THE FIRST RESPONDER TO EMERGENCY CALLS. THE MAJORITY OF THE SECURITY STAFF MEMBERS ARE TRAINED TO RESPOND TO EMERGENCIES IN CPR AND DEFIBRILLATOR USE. DEPUTY SHERIFFS ARE OFTEN HIRED FOR SPECIAL EVENT SECURITY WITHIN THE ASSOCIATION.Expenses $958,514 · revenue $2,132,208
- ROAD & STORM DRAIN MAINTENANCE - THE ASSOCIATION OWNS SOME 28 MILES OF ROADS, AND IS FULLY RESPONSIBLE FOR THE MAINTENANCE, REPAIR, AND RECONSTRUCTION OF THESE ROADS. THE ASSOCIATION'S ROAD MAINTENANCE ACTIVITIES PROMOTE THE GENERAL WELFARE OF THE COMMUNITY AND, BECAUSE ROAD MAINTENANCE IS AN ESSENTIAL GOVERNMENTAL FUNCTION, THE ACTIVITIES LESSEN THE BURDEN OF THE TOWN OF SEABROOK ISLAND AND/OR THE COUNTY OF CHARLESTON. THE ASSOCIATION ALSO MAINTAINS ALL STORM DRAINS THAT SERVICE THE COMMUNITY. THIS IS A PARTICULARLY IMPORTANT SERVICE ON A LOW LYING ISLAND SUBJECT TO HURRICANE FLOODING.Expenses $3,350,339
- MAINTENANCE OF GREENBELTS, LAKES, AND PONDS - THE ASSOCIATION MAINTAINS LANDSCAPED TRAFFIC ISLANDS, GREENBELTS ADJACENT TO STREETS, AND SEVERAL COMMON AREA LOTS, AS WELL AS NUMEROUS LAKES AND PONDS FOR ALGAE CONTROL, AND BUILDING BIRD AND FISH HABITATS. THIS IS PART OF A BEAUTIFICATION PROJECT THAT PROMOTES THE GENERAL WELFARE OF THE COMMUNITY.Expenses $1,056,482
- OTHER EXPENSES INCLUDE PAYROLL AND RELATED COSTS, DEPRECIATION AND OTHER COSTS.Expenses $4,724,483 · revenue $9,902,935
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 | Not 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
- 57-0600562
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S22)
- Assets (IRS master file)
- $21,853,848
- Income (IRS master file)
- $12,348,363
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,348,363 | $12,612,274 | $21,853,848 | IRS |
| 990 | December 2023 | $11,144,122 | $8,312,514 | $21,407,757 | XML |
| 990 | December 2022 | $9,055,207 | $8,837,083 | $19,018,886 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 57-0600562).
Questions about SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION
- What is the EIN of SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION?
- The employer identification number (EIN) of SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION is 57-0600562.
- Is SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2010.
- Are donations to SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION 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 SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION 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 SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION 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 SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2024 names MARK NEATH.
- Who are the officers and directors of SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 17 people; 5 received compensation from the organization, the highest $247,338 (HEATHER PATON, EXECUTIVE DIRECTOR).
- How much revenue does SEABROOK ISLAND PROPERTY OWNERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,348,363, expenses of $12,612,274 and total assets of $21,853,848 at year end.
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All nonprofits in JOHNS ISLAND · South Carolina · Community improvement and capacity building