Nonprofit · EIN 57-0985915
SEA PINES FOREST PRESERVE FOUNDATION
Tax-exempt · HILTON HEAD, SC 29928
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $261,894 | $295,072 | -$33,178 | $1,002,788 | $60,641 | $942,147 |
| December 31, 2023 | 990 | $349,640 | $215,868 | $133,772 | $1,027,141 | $64,062 | $963,079 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $194,084
- Program service revenue
- $20,345
- Investment income
- $11,951
- Net rental income
- $50
- Net income from fundraising events
- $32,232
- Net income from sales of inventory
- $3,232
- Other revenue
- $35,514
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $57,542
- Salaries, compensation and benefits (total)
- $74,082
- Professional fundraising fees
- $0
- Legal fees
- $770
- Accounting fees
- $2,800
- Occupancy
- $11,013
- Depreciation
- $21,151
- Program services (functional)
- $285,339
- Management and general (functional)
- $9,733
Balance sheet and other
- Total assets, start of year
- $1,027,141
- Total assets, end of year
- $1,002,788
- Total liabilities, end of year
- $60,641
- Net assets, end of year
- $942,147
- Land, buildings and equipment
- $191,658
- Publicly traded securities
- $244,740
- Gross receipts
- $277,791
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1993
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARLES BENNETT | PRESIDENT-CSA Officer | 1 | $0 | $353,534 | $14,229 |
| VICTORIA SHANAHAN | VICE PRESIDENT & CFO Officer | 1 | $0 | $177,672 | $16,845 |
| DAVID ELLIS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM JOHNSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARY CORBITT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LEE ANN LEAHY | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| DON SIGMON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARLES BENNETT | PRESIDENT-CSA Officer | 1 | $0 | $325,200 | $13,689 |
| VICTORIA SHANAHAN | VICE PRESIDENT & CFO Officer | 1 | $0 | $162,895 | $15,383 |
| DON SIGMON | AT-LARGE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID ELLIS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM JOHNSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARY CORBITT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LEE ANN LEAHY | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 175 GREENWOOD DR, HILTON HEAD, SC 29928-4506
- Principal officer (990 for 2024)
- VICTORIA SHANAHAN, 175 GREENWOOD DRIVE, HILTON HEAD ISLAND, SC 29928
- Signed the 990
- LEE ANN LEAHY, TREASURER
- Phone
- (843) 672-1343
- Website
- WWW.SEAPINESLIVING.COM
- Return prepared by
- ELLIOTT DAVIS ADVISORY LLC
Mission
THE FOUNDATION PROVIDES MAINTENANCE AND HABITAT IMPROVEMENTS TO THE SEA PINES FOREST PRESERVE WHICH ARE FUNDED BY DONATIONS RECEIVED FROM VISITORS AND RESIDENTS OF SEA PINES.
Program accomplishments
- THE FOUNDATION PROVIDES MAINTENANCE AND UPGRADES TO THE SEA PINES FOREST PRESERVE FUNDED BY DONATIONS RECEIVED FROM VISITORS AND RESIDENTS OF SEA PINES. THE SEA PINES FOREST PRESERVE IS OVER 600 ACRES IN SIZE AND IS THE LARGEST TRACT OF UNDEVELOPED LAND REMAINING ON HILTON HEAD ISLAND. THE FOUNDATION ALSO OPERATES A WILDLIFE REFUGE FOR THE PURPOSE OF PERMANENTLY PROVIDING A NATURAL HABITAT FOR INDIGENOUS PLANTS AND ANIMALS AND TO PROVIDE EDUCATIONAL PROGRAMS TO ACQUAINT GUESTS WITH THE NATURAL BEAUTY OF THE ENVIRONMENT.Expenses $285,339 · revenue $23,577
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
- 57-0985915
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A56Z)
- Assets (IRS master file)
- $1,002,788
- Income (IRS master file)
- $277,791
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $261,894 | $295,072 | $1,002,788 | XML |
| 990 | December 2023 | $349,640 | $215,868 | $1,027,141 | XML |
| 990 | December 2022 | $220,555 | $212,101 | $879,447 | 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 57-0985915).
Questions about SEA PINES FOREST PRESERVE FOUNDATION
- What is the EIN of SEA PINES FOREST PRESERVE FOUNDATION?
- The employer identification number (EIN) of SEA PINES FOREST PRESERVE FOUNDATION is 57-0985915.
- Is SEA PINES FOREST PRESERVE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to SEA PINES FOREST PRESERVE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEA PINES FOREST PRESERVE FOUNDATION 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 SEA PINES FOREST PRESERVE 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 SEA PINES FOREST PRESERVE FOUNDATION 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 SEA PINES FOREST PRESERVE FOUNDATION?
- The 990 for the year ended December 31, 2024 names VICTORIA SHANAHAN.
- Who are the officers and directors of SEA PINES FOREST PRESERVE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does SEA PINES FOREST PRESERVE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $261,894, expenses of $295,072 and total assets of $1,002,788 at year end.
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