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Nonprofit · EIN 59-1701241

ST ARMANDS CIRCLE ASSOCIATION INC

Tax-exempt · SARASOTA, FL 34236

Financials

$383K$143K2022$89K$200K2023$139K$195K2024
Revenue Expenses · by fiscal year end
Financials of ST ARMANDS CIRCLE ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$139,129$194,623-$55,494$181,285$47,540$133,745
December 31, 2023990$89,077$199,580-$110,503$232,385$43,146$189,239
December 31, 2022990$383,022$143,413$239,609$301,041$1,299$299,742
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$139,896
Investment income
-$767
Net gain from sales of assets
-$772
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$41,300
Salaries, compensation and benefits (total)
$49,022
Professional fundraising fees
$0
Accounting fees
$2,475
Occupancy
$1,893
Depreciation
$58,168

Balance sheet and other

Total assets, start of year
$232,385
Total assets, end of year
$181,285
Total liabilities, end of year
$47,540
Net assets, end of year
$133,745
Land, buildings and equipment
$162,982
Net assets without donor restrictions
$133,745
Gross receipts
$139,901
Employees
1
Volunteers
0
Year formed
1987
State of legal domicile
FL

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.

NameTitleHours / weekCompensationOther / benefits
RACHEL KRAVITZ BURNSEXECUTIVE DIRECTOR
Officer
40$35,000$6,000
HUGH FIOREDIRECTOR
Trustee or director
1$0$0
CASEY GONZMARTDIRECTOR
Trustee or director
1$0$0
MATT GROVERDIRECTOR
Trustee or director
1$0$0
LEXI HUELSMANDIRECTOR
Trustee or director
1$0$0
RICK KONSAVAGEDIRECTOR
Trustee or director
1$0$0
DIANA CORRIGANHONORARY MEMBER
Trustee or director
1$0$0
SCOTT MACDONALDPRESIDENT
Trustee or director, Officer
1$0$0
ANDREW VACDIRECTOR OF MEMBERSHIP
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
RACHEL KRAVITZ BURNSEXECUTIVE DIRECTOR
Officer
40$37,372$4,000
ANDREW VACDIRECTOR OF MEMBERSHIP
Trustee or director, Officer
1$0$0
SCOTT MACDONALDPRESIDENT
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2022: 10 people
NameTitleHours / weekCompensationOther / benefits
RACHEL KRAVITZ BURNSEXECUTIVE DIRECTOR
Officer
40$55,000$5,500
DIANA CORRIGANEMERITUS EXEC. DIR THRU 5/31/22
Officer
40$18,037$0
JASON BURNSDIRECTOR
Trustee or director
1$0$0
KELLY DEFEBODIRECTOR
Trustee or director
1$0$0
CLEON DIXONDIRECTOR
Trustee or director
1$0$0
BETH JACOBSONDIRECTOR
Trustee or director
1$0$0
RICK KONSAVAGEDIRECTOR
Trustee or director
1$0$0
GAIL LOEFGRENDIRECTOR
Trustee or director
1$0$0
ANDREW VACDIRECTOR OF MEMBERSHIP
Trustee or director, Officer
1$0$0
SCOTT MACDONALDACTING PRESIDENT
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
300 MADISON DR STE 201, SARASOTA, FL 34236-1300
Principal officer (990 for 2024)
RACHEL KRAVITZ BURNS, 300 MADISON DR 201, SARASOTA, FL 34236
Signed the 990
RACHEL KRAVITZ BURNS, EXECUTIVE DIRECTOR
Phone
(941) 388-1554
Return prepared by
KERKERING BARBERIO & CO

Mission

MERCHANTS ASSOCIATION TO PROMOTE ST. ARMANDS CIRCLE

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION IS A MERCHANTS ASSOCIATION WHOSE PURPOSE IS TO PROMOTE ST. ARMANDS CIRCLE, AN EXCLUSIVE RETAIL SHOPPING AREA. BENEFITS INCLUDE MAPS FOR SHOPPERS, IMPROVED AND INCREASED MARKETABILITY.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1701241
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$181,285
Income (IRS master file)
$139,901

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$139,129$194,623$181,285IRS
990December 2023$89,077$199,580$232,385IRS
990December 2022$383,022$143,413$301,041XML
990December 2021–––IRS
990December 2020–––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 59-1701241).

Questions about ST ARMANDS CIRCLE ASSOCIATION INC

What is the EIN of ST ARMANDS CIRCLE ASSOCIATION INC?
The employer identification number (EIN) of ST ARMANDS CIRCLE ASSOCIATION INC is 59-1701241.
Is ST ARMANDS CIRCLE ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
Are donations to ST ARMANDS CIRCLE ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ST ARMANDS CIRCLE ASSOCIATION 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 ST ARMANDS CIRCLE ASSOCIATION INC 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 ST ARMANDS CIRCLE ASSOCIATION INC 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 ST ARMANDS CIRCLE ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names RACHEL KRAVITZ BURNS.
Who are the officers and directors of ST ARMANDS CIRCLE ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $35,000 (RACHEL KRAVITZ BURNS, EXECUTIVE DIRECTOR).
How much revenue does ST ARMANDS CIRCLE ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $139,129, expenses of $194,623 and total assets of $181,285 at year end.

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