Nonprofit · EIN 59-3414046
FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC
Tax-exempt · FT WALTON BCH, FL 32549
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,863 | $13,573 | -$11,710 | $379,567 | $108,630 | $270,937 |
| December 31, 2023 | 990 | -$11,388 | $11,523 | -$22,911 | $408,520 | $125,873 | $282,647 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $1,863
- Other revenue
- $1,863
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,050
- Depreciation
- $11,386
- Program services (functional)
- $13,573
Balance sheet and other
- Total assets, start of year
- $408,520
- Total assets, end of year
- $379,567
- Total liabilities, end of year
- $108,630
- Net assets, end of year
- $270,937
- Land, buildings and equipment
- $352,332
- Gross receipts
- $42,755
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1996
- 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 |
|---|---|---|---|
| STEPHEN PERKINS | CHAIR Trustee or director, Officer | 20 | $0 |
| GORDON KING | CHAIR-ELECT Trustee or director, Officer | 20 | $0 |
| MAUREEN BIERMAN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 20 | $0 |
| ALAN JOWERS | TREASURER Trustee or director, Officer | 5 | $0 |
| JARED WILLIAMS | EX OFFICIO - EXECUTIVE COM Trustee or director | 5 | $0 |
| BRUCE MARSHALL | LIFE DIRECTOR Trustee or director | 5 | $0 |
| JEANNE RIEF | LIFE DIRECTOR Trustee or director | 5 | $0 |
| KATHY HOUCHINS | LIFE DIRECTOR Trustee or director | 5 | $0 |
| LISA JO SPENCER | LIFE DIRECTOR Trustee or director | 5 | $0 |
| BONNIE BARLOW | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| BOBBY NABORS | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| ASHLEY ALLEGRETTO | BOARD DIRECTOR Trustee or director | 5 | $0 |
| CATHERINE CARD | BOARD DIRECTOR Trustee or director | 5 | $0 |
| MICHAEL JONES | BOARD DIRECTOR Trustee or director | 5 | $0 |
| CHAD ROGERS | BOARD DIRECTOR Trustee or director | 5 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATHAN SPARKS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| SHANE WEDDLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KEITH WOOD | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KELLY JASON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BERNARD JOHNSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HOLLY KARR | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JASON MONROE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JERRY WILLIAMS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ELIZABETH EULBERG | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAKIE HUBBELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TIFFANY MERRELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KARI PAINTER | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAMI SEARLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HEATHER SEELY-PEREZ | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TED CORCORAN | PRESIDENT/CEO Officer | 5 | $0 |
990 for the year ended December 31, 2023: 31 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAUREEN BIERMAN | CHAIR Trustee or director, Officer | 5 | $0 |
| STEPHEN PERKINS | CHAIR-ELECT/TREASURER Trustee or director, Officer | 5 | $0 |
| DANIEL GUSOFF | IMMEDIATE PAST CHAIR Trustee or director, Officer | 5 | $0 |
| HEATHER RUIZ | EX OFFICIO - EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| MELISSA ALLEGRETTO | EX OFFICIO - EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| BRUCE MARSHALL | LIFE DIRECTOR Trustee or director | 5 | $0 |
| JEANNE RIEF | LIFE DIRECTOR Trustee or director | 5 | $0 |
| KATHY HOUCHINS | LIFE DIRECTOR Trustee or director | 5 | $0 |
| LISA JO SPENCER | LIFE DIRECTOR Trustee or director | 5 | $0 |
| SHANTELLE DEDICKE | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| JARED WILLIAMS | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| BONNIE BARLOW | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| KARI PAINTER | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| HEATHER SEELY-PEREZ | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| JESSE BAUTISTA | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TERESA HALVERSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TODD JACKSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TRISHA MARKS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| DR DEVIN STEPHENSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ELIZABETH EULBERG | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAKIE HUBBELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TIFFANY MERRELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAMI SEARLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| GORDON KING | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KELLY JASON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BERNARD JOHNSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HOLLY KARR | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JASON MONROE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BOBBY NABORS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JERRY WILLIAMS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TED CORCORAN | PRESIDENT/CEO Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 640, FT WALTON BCH, FL 32549-0640
- In care of
- % TED CORCORAN
- Mailing address (990-N for 2025)
- PO Box 640, Fort Walton Beach FL 32549
- Principal officer (990 for 2024)
- TED CORCORAN, PO BOX 640, FORT WALTON BEACH, FL 32549
- Principal officer (990-N for 2025)
- Ted Corcoran, PO Box 640, Fort Walton Beach FL 32549
- Signed the 990
- TED CORCORAN, PRESIDENT/CEO
- Phone
- (850) 244-8191
- Return prepared by
- CRI ADVISORS LLC
Mission
TO PROMOTE THE DEVELOPMENT OF THE BUSINESS COMMUNITY AND THE GENERAL COMMUNITY OF THE GREATER FORT WALTON BEACH, FLORIDA AREA; TO PROVIDE NON-PROFIT SERVICES TO THE GREATER FORT WALTON BEACH, FLORIDA AREA THROUGH CHARITABLE, EDUCATIONAL, OR SCIENTIFIC ACTIVITIES; AND TO SUPPORT AND ASSIST THE COMMUNITY DEVELOPMENT ACTIVITIES OF THE GREATER FORT WALTON BEACH CHAMBER OF COMMERCE THROUGH ITS, BEAUTIFICATION PROJECTS, PRESERVATION OF LOCAL AREA NATURAL RESOURCES, AND OTHER COMMUNITY ACTIVITIES.
Program accomplishments
- TO PROMOTE THE DEVELOPMENT OF THE BUSINESS COMMUNITY AND THE GENERAL COMMUNITY OF THE GREATER FORT WALTON BEACH, FLORIDA AREA; TO PROVIDE NON-PROFIT SERVICES TO THE GREATER FORT WALTON BEACH, FLORIDA AREA THROUGH CHARITABLE, EDUCATIONAL, OR SCIENTIFIC ACTIVITIES; AND TO SUPPORT AND ASSIST THE COMMUNITY DEVELOPMENT ACTIVITIES OF THE GREATER FORT WALTON BEACH CHAMBER OF COMMERCE THROUGH ITS, BEAUTIFICATION PROJECTS, PRESERVATION OF LOCAL AREA NATURAL RESOURCES, AND OTHER COMMUNITY ACTIVITIES.Expenses $13,573 · revenue $1,863
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N 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
- 59-3414046
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S20)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Ted Corcoran | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2024 | $1,863 | $13,573 | $379,567 | XML |
| 990 | December 2023 | -$11,388 | $11,523 | $408,520 | XML |
| 990 | December 2022 | $16,610 | $11,654 | $436,088 | IRS |
| 990-N for 2021 Officer: Bruce Marshall III | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Bruce Marshall | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Bruce Marshall | December 31, 2019 | ≤ $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 59-3414046).
Questions about FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC
- What is the EIN of FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC is 59-3414046.
- Is FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE 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 FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 names TED CORCORAN.
- Who are the officers and directors of FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 30 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION OF GREATER FORT WALTON BEACH CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,863, expenses of $13,573 and total assets of $379,567 at year end.
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