Nonprofit · EIN 59-3277542
TARPON SPRINGS MERCHANTS ASSOCIATION INC
Tax-exempt (reinstated) · TARPON SPGS, FL 34688
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $407,835 | $401,261 | $6,574 | $40,929 | $0 | $40,929 |
| December 31, 2023 | 990 | $346,271 | $336,515 | $9,756 | $34,355 | $0 | $34,355 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $407,835
- Membership dues
- $12,048
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,453
- Occupancy
- $8,229
- Program services (functional)
- $389,518
- Management and general (functional)
- $11,743
Balance sheet and other
- Total assets, start of year
- $34,355
- Total assets, end of year
- $40,929
- Total liabilities, end of year
- $0
- Net assets, end of year
- $40,929
- Gross receipts
- $407,835
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1993
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carol Rodriguez | Director Trustee or director | – | $11,050 |
| Sherry Wendt | President Officer | – | $8,450 |
| Regina Gibson | Secretary Officer | – | $8,450 |
| Stelios Megadakis | Vice President Officer | – | $0 |
| Lenny D'Andrea | Treasurer Officer | – | $0 |
| Sheri Smith | Director Trustee or director | – | $0 |
| Kris Wolf | Director Trustee or director | – | $0 |
| Pete Memisakis | Director Trustee or director | – | $0 |
| Julia Bodwell | Director Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sherry Wendt | President Officer | – | $0 |
| Stelios Megadakis | Vice President Officer | – | $0 |
| Lenny D'Andrea | Treasurer Officer | – | $0 |
| Regina Gibson | Secretary Officer | – | $0 |
| Carol Rodriguez | Director Trustee or director | – | $0 |
| Sheri Smith | Director Trustee or director | – | $0 |
| Kris Wolf | Director Trustee or director | – | $0 |
| Pete Memisakis | Director Trustee or director | – | $0 |
| Jessica Cooper | Director Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2793, TARPON SPGS, FL 34688-2793
- Mailing address (990-N for 2012)
- 822 dodecanese blvd, tarpon springs FL 34689
- Principal officer (990 for 2024)
- Sherry Wendt, 1214 Riverside Dr, Tarpon Springs, FL 34689
- Principal officer (990-N for 2012)
- Rea Seiber, 822 dodecanese blvd, tarpon springs FL 34689
- Signed the 990
- Sherry Wendt, President
- Phone
- (706) 897-1047
- Website
- www.spongedocks.net
- Return prepared by
- Valyn Accounting & Trustee Services
Mission
Improve and promote business in Tarpon Springs area.
Program accomplishments
- Held Special Events including First Fridays, Hippie Fest, Seafood Festival, and Arts & Craft Festival to attract visitors to explore and shop in the Tarpon Springs area with the local businesses.
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
- 59-3277542
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $40,929
- Income (IRS master file)
- $407,835
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- July 19, 2016
- Reinstated
- Effective November 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $407,835 | $401,261 | $40,929 | XML |
| 990 | December 2023 | $346,271 | $336,515 | $34,355 | XML |
| 990 | December 2022 | $330,661 | $318,936 | $24,599 | IRS |
| 990 | December 2021 | $153,143 | $167,357 | $12,874 | IRS |
| 990 | December 2020 | $84,227 | $96,557 | $27,088 | IRS |
| 990-N for 2012 Officer: Rea Seiber | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 59-3277542).
Questions about TARPON SPRINGS MERCHANTS ASSOCIATION INC
- What is the EIN of TARPON SPRINGS MERCHANTS ASSOCIATION INC?
- The employer identification number (EIN) of TARPON SPRINGS MERCHANTS ASSOCIATION INC is 59-3277542.
- Is TARPON SPRINGS MERCHANTS ASSOCIATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective November 15, 2019.
- Are donations to TARPON SPRINGS MERCHANTS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TARPON SPRINGS MERCHANTS 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 TARPON SPRINGS MERCHANTS 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 TARPON SPRINGS MERCHANTS 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 TARPON SPRINGS MERCHANTS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Sherry Wendt.
- Who are the officers and directors of TARPON SPRINGS MERCHANTS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $11,050 (Carol Rodriguez, Director).
- How much revenue does TARPON SPRINGS MERCHANTS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $407,835, expenses of $401,261 and total assets of $40,929 at year end.
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- WEST FLORIDACONFEDERATION OF CLUBS INC EIN 82-5350815 · last filed 990-N for 2025
- TARPON SPRINGS HOSPITAL FOUNDATION INC EIN 59-0898901 · last filed 990 for 2024
- MEDICAL LEARNING INSTITUTE INC EIN 20-5007618 · last filed 990 for 2024
- TARPON SPRINGS SHEPHERD CENTER INC EIN 59-3070882 · last filed 990 for 2024
All nonprofits in TARPON SPGS · Florida · Community improvement and capacity building