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Nonprofit · EIN 57-0789494

WACHESAW PLANTATION CLUB INC

Tax-exempt · MURRELLS INLT, SC 29576

Financials

$5.9M$5.6M2022$6.3M$6M2023$6.7M$6.3M2024
Revenue Expenses · by fiscal year end
Financials of WACHESAW PLANTATION CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$6,655,137$6,301,922$353,215$11,846,378$4,193,485$7,652,893
September 30, 2024990$6,324,515$5,962,045$362,470$11,596,370$4,509,750$7,086,620
September 30, 2023990$5,872,648$5,648,129$224,519$10,235,586$3,772,437$6,463,149
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,590,025
Investment income
$65,112
Tax-exempt bond proceeds
$38,633
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,593,894
Salaries, compensation and benefits (total)
$2,867,066
Professional fundraising fees
$0
Legal fees
$19,418
Accounting fees
$30,900
Occupancy
$198,508
Depreciation
$564,367
Program services (functional)
$5,291,426
Management and general (functional)
$1,010,496

Balance sheet and other

Total assets, start of year
$11,596,370
Total assets, end of year
$11,846,378
Total liabilities, end of year
$4,193,485
Net assets, end of year
$7,652,893
Land, buildings and equipment
$7,579,832
Net assets without donor restrictions
$7,652,893
Gross unrelated business income
$486,089
Gross receipts
$6,655,137
Employees
123
Volunteers
0
Year formed
1992
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
ROSS DESMONDGENERAL MANAGER
Highest-paid employee
40$0$201,775
SCOTT FRETZGROUNDS MANAGER
Highest-paid employee
40$0$125,781
MICHAEL SPECHTPRESIDENT
Trustee or director, Officer
15$0$0
LARRY DECOSMOBOARD OF DIRECTORS
Trustee or director, Officer
8$0$0
ELIZABETH HEIDERBOARD OF DIRECTORS
Trustee or director
8$0$0
BOB HOHMANTREASURER
Trustee or director, Officer
15$0$0
ART LETZLERSECRETARY
Trustee or director
15$0$0
CHRIS CAMPBELLBOARD OF DIRECTORS
Trustee or director
8$0$0
WOODY DURANTBOARD OF DIRECTORS
Trustee or director
8$0$0
ANDREW JUSTICEBOARD OF DIRECTORS
Trustee or director
8$0$0
ED RADINVICE-PRESIDENT
Trustee or director, Officer
15$0$0
MICHEAL HEATONTREASURER - ELECT–$0$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensationFrom related orgs
ROSS DESMONDGENERAL MANAGER
Highest-paid employee
40$0$195,696
SCOTT FRETZGROUNDS MANAGER
Highest-paid employee
40$0$122,792
BOB LOWEPRESIDENT
Trustee or director, Officer
15$0$0
LARRY DECOSMOBOARD OF DIRECTORS
Trustee or director, Officer
15$0$0
ELIZABETH HEIDERBOARD OF DIRECTORS
Trustee or director
8$0$0
MIKE SPECHTTREASURER
Trustee or director, Officer
15$0$0
ART LETZLERSECRETARY
Trustee or director
8$0$0
BOB RANUMBOARD OF DIRECTORS
Trustee or director
8$0$0
WOODY DURANTBOARD OF DIRECTORS
Trustee or director
8$0$0
CHAD FAUSTVICE-PRESIDENT
Trustee or director, Officer
15$0$0
ED RADINBOARD OF DIRECTORS
Trustee or director, Officer
8$0$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgs
ROSS DESMONDGENERAL MANAGER
Highest-paid employee
40$0$175,001
SCOTT FRETZGROUNDS MANAGER
Highest-paid employee
40$0$119,202
BOB LOWEPRESIDENT
Trustee or director, Officer
15$0$0
LARRY DECOSMOSECRETARY
Trustee or director, Officer
15$0$0
MARY LOYAL SPRINGSBOARD OF DIRECTORS
Trustee or director
8$0$0
MIKE SPECHTTREASURER
Trustee or director, Officer
15$0$0
DONNA SUGGSBOARD OF DIRECTORS
Trustee or director
8$0$0
BOB RANUMBOARD OF DIRECTORS
Trustee or director
8$0$0
WOODY DURANTBOARD OF DIRECTORS
Trustee or director
8$0$0
ANDREW GRAZIANOBOARD OF DIRECTORS
Trustee or director
8$0$0
CHAD FAUSTVICE-PRESIDENT
Trustee or director, Officer
15$0$0

Address and contacts

Address (IRS master file)
PO BOX 1538, MURRELLS INLT, SC 29576-1538
Principal officer (990 for 2024)
MICHAEL HEATON, 1930 GOVERNORS LANDING PO BOX 1538, MURRELLS INLET, SC 29576
Signed the 990
MICHAEL HEATON, TREASURER ELECT
Phone
(843) 357-1263
Return prepared by
JOSEPH R CASTELLANO CPA PA

Mission

TO PROVIDE RECREATION AND SOCIAL ACTIVITIES FOR MEMBERS OF THE WACHESAW PLANTATION CLUB, INC.

990 for the year ended September 30, 2025

Program accomplishments

  • TO PROVIDE RECREATION & SOCIAL ACTIVITIES FOR ITS MEMBERS
    Expenses $5,291,426 · revenue $6,169,048

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
57-0789494
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1995
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,846,378
Income (IRS master file)
$6,655,137

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$6,655,137$6,301,922$11,846,378XML
990September 2024$6,324,515$5,962,045$11,596,370XML
990September 2023$5,872,648$5,648,129$10,235,586XML
990September 2022$6,067,094$5,441,157$9,896,608IRS
990September 2021–––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 57-0789494).

Questions about WACHESAW PLANTATION CLUB INC

What is the EIN of WACHESAW PLANTATION CLUB INC?
The employer identification number (EIN) of WACHESAW PLANTATION CLUB INC is 57-0789494.
Is WACHESAW PLANTATION CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1995.
Are donations to WACHESAW PLANTATION CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WACHESAW PLANTATION CLUB 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 WACHESAW PLANTATION CLUB INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WACHESAW PLANTATION CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of WACHESAW PLANTATION CLUB INC?
The 990 for the year ended September 30, 2025 names MICHAEL HEATON.
Who are the officers and directors of WACHESAW PLANTATION CLUB INC?
The 990 for the year ended September 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does WACHESAW PLANTATION CLUB INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $6,655,137, expenses of $6,301,922 and total assets of $11,846,378 at year end.

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