Nonprofit · EIN 59-2635134
ROYAL PALM SAILING CLUB INC
Tax-exempt · FORT MYERS, FL 33901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $225,187 | $171,108 | $54,079 | $1,171,464 | $0 | $1,171,464 |
| December 31, 2024 | 990 | $200,577 | $260,377 | -$59,800 | $1,117,385 | $0 | $1,117,385 |
| December 31, 2023 | 990 | $316,187 | $199,874 | $116,313 | $1,181,826 | $4,641 | $1,177,185 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $124,478
- Membership dues
- $7,564
- Program service revenue
- $85,329
- Investment income
- $14,415
- Other revenue
- $965
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $87,400
- Salaries, compensation and benefits (total)
- $94,086
- Professional fundraising fees
- $0
- Occupancy
- $9,389
- Travel
- $3,011
- Program services (functional)
- $158,891
- Management and general (functional)
- $8,181
- Fundraising (functional)
- $4,036
Balance sheet and other
- Total assets, start of year
- $1,117,385
- Total assets, end of year
- $1,171,464
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,171,464
- Land, buildings and equipment
- $812,011
- Net assets without donor restrictions
- $1,171,464
- Gross receipts
- $225,187
- Employees
- 2
- Volunteers
- 100
- Year formed
- 1984
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Reynolds | Program Manager Key employee | 40 | $53,600 |
| Michael Burby | Operations Manager Key employee | 40 | $33,800 |
| Dale Clark | Director Trustee or director | 10 | $0 |
| Peter D'Alessandro | Director Trustee or director | 15 | $0 |
| Travis Maier | Director Trustee or director | 10 | $0 |
| Art Monohan | Director Trustee or director | 20 | $0 |
| Carol Robinson | Director Trustee or director | 15 | $0 |
| Amanda Sweeney | Director Trustee or director | 8 | $0 |
| Kenneth Wolfe | Director Trustee or director | 5 | $0 |
| Stephanie T Webb | President Officer | 30 | $0 |
| Milam Ross Webb | Treasurer Officer | 40 | $0 |
| Richard C Lawrence | Vice President Officer | 8 | $0 |
| Timothy J Stier | CFO Officer | 10 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Reynolds | Program Manager Key employee | 30 | $41,600 |
| Michael Burby | Operations Manager Key employee | 40 | $33,800 |
| Joel Andrews | Director Trustee or director | 5 | $0 |
| Dale Clark | Director Trustee or director | 10 | $0 |
| Peter D'Alessandro | Director Trustee or director | 15 | $0 |
| Carol Robinson | Director Trustee or director | 15 | $0 |
| Amanda Sweeney | Director Trustee or director | 8 | $0 |
| Kenneth Wolfe | Director Trustee or director | 5 | $0 |
| Stephanie T Webb | President Officer | 30 | $0 |
| Milam Ross Webb | Treasurer Officer | 40 | $0 |
| Richard C Lawrence | Vice President Officer | 8 | $0 |
| Timothy J Stier | CFO Officer | 8 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Reynolds | Program Manager Key employee | 30 | $41,600 |
| Michael Burby | Operations Manager Key employee | 40 | $33,800 |
| Carol Robinson | Director Trustee or director | 15 | $0 |
| Joel Andrews | Director Trustee or director | 5 | $0 |
| Peter D'Alessandro | Director Trustee or director | 15 | $0 |
| Dale Clark | Director Trustee or director | 10 | $0 |
| Kenneth Wolfe | Director Trustee or director | 5 | $0 |
| Stephanie T Webb | President Officer | 30 | $0 |
| Milam Ross Webb | Treasurer Officer | 40 | $0 |
| Richard C Lawrence | Vice President Officer | 8 | $0 |
| Timothy J Stier | CFO Officer | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 1420 DEL RIO DR, FORT MYERS, FL 33901-5908
- Principal officer (990 for 2025)
- Milam Ross Webb, 1420 Del Rio Drive, Fort Myers, FL 339015908
- Signed the 990
- Timothy Stier, CFO
- Phone
- (239) 841-7677
- Website
- www.edisonsailingcenter.org
Mission
To provide safe boating instruction. Within the mission's umbrella, the center provides multiple experiential opportunities, which include, but are not limited to, a.) competive sailing (racing), b.) outreach & inclusion, c.) school year programming, d.) summer learn-to-sail opportunities, e.) high school & collegiate sailing, f.) leadership development, g.) powerboat instruction, and h.) limited adult programming that supports and benefits all minors' programs.
Program accomplishments
- All programs - See Part I, Line 1.Expenses $158,891 · revenue $85,329
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 | 990 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
- 59-2635134
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,171,464
- Income (IRS master file)
- $225,187
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $225,187 | $171,108 | $1,171,464 | XML |
| 990 | December 2024 | $200,577 | $260,377 | $1,117,385 | XML |
| 990 | December 2023 | $316,187 | $199,874 | $1,181,826 | XML |
| 990 | December 2022 | $357,374 | $279,788 | $1,066,635 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 59-2635134).
Questions about ROYAL PALM SAILING CLUB INC
- What is the EIN of ROYAL PALM SAILING CLUB INC?
- The employer identification number (EIN) of ROYAL PALM SAILING CLUB INC is 59-2635134.
- Is ROYAL PALM SAILING CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to ROYAL PALM SAILING CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROYAL PALM SAILING 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 ROYAL PALM SAILING CLUB INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROYAL PALM SAILING CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ROYAL PALM SAILING CLUB INC?
- The 990 for the year ended December 31, 2025 names Milam Ross Webb.
- Who are the officers and directors of ROYAL PALM SAILING CLUB INC?
- The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $53,600 (Elizabeth Reynolds, Program Manager).
- How much revenue does ROYAL PALM SAILING CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $225,187, expenses of $171,108 and total assets of $1,171,464 at year end.
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