Nonprofit · EIN 77-0681920
SALISBURY BEACH PARTNERSHIP INC
Tax-exempt · SALISBURY, MA 01952
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $439,541 | $3,452,539 | -$3,012,998 | $98,379 | $13,559 | $84,820 |
| December 31, 2023 | 990 | $1,001,108 | $727,576 | $273,532 | $6,453,006 | $3,355,188 | $3,097,818 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $233,036
- Program service revenue
- $204,915
- Investment income
- $0
- Net income from sales of inventory
- $1,590
- Other revenue
- $1,590
Expenses
- Grants and similar amounts paid
- $2,918,671
- Compensation of officers, directors and key employees
- $47,829
- Salaries, compensation and benefits (total)
- $52,050
- Professional fundraising fees
- $0
- Legal fees
- $22,142
- Accounting fees
- $8,500
- Occupancy
- $74,572
- Depreciation
- $333
- Program services (functional)
- $3,435,245
- Management and general (functional)
- $17,294
Balance sheet and other
- Total assets, start of year
- $6,453,006
- Total assets, end of year
- $98,379
- Total liabilities, end of year
- $13,559
- Net assets, end of year
- $84,820
- Land, buildings and equipment
- $1,501
- Net assets without donor restrictions
- $84,820
- Gross receipts
- $443,437
- Employees
- 4
- Volunteers
- 50
- Year formed
- 2007
- State of legal domicile
- MA
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 |
|---|---|---|---|
| Frederick Abdulla | Director Trustee or director | 1 | $0 |
| Amin Nabhan | Director Trustee or director | 1 | $0 |
| Michael Condon | Director Trustee or director | 1 | $0 |
| Kathy Aiello | Director Trustee or director | 1 | $0 |
| Stacey Theofilopolous | Director Trustee or director | 1 | $0 |
| David Sheafer | Director Trustee or director | 1 | $0 |
| Paul Descoteaux | Director Trustee or director | 1 | $0 |
| Nat Alard | Director Trustee or director | 1 | $0 |
| Heather Silvia | Director Trustee or director | 1 | $0 |
| George Burtch | Director Trustee or director | 1 | $0 |
| Stan Wojtas | Director Trustee or director | 1 | $0 |
| Wayne Capolupo | President/Clerk Trustee or director, Officer | 1 | $0 |
| Robert Glendon | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Frederick Abdulla | Director Trustee or director | 1 | $0 |
| Brian Mulcahy | Director Trustee or director | 1 | $0 |
| Amin Nabhan | Director Trustee or director | 1 | $0 |
| Michael Condon | Director Trustee or director | 1 | $0 |
| Kathy Aiello | Director Trustee or director | 1 | $0 |
| Stacey Theofilopolous | Director Trustee or director | 1 | $0 |
| David Sheafer | Director Trustee or director | 1 | $0 |
| Paul Descoteaux | Director Trustee or director | 1 | $0 |
| Nat Alard | Director Trustee or director | 1 | $0 |
| William Grielich | Director Trustee or director | 1 | $0 |
| Heather Silvia | Director Trustee or director | 1 | $0 |
| George Burtch | Director Trustee or director | 1 | $0 |
| Stan Wojtas | Director Trustee or director | 1 | $0 |
| Wayne Capolupo | President Trustee or director, Officer | 1 | $0 |
| Robert Glendon | Treasurer Trustee or director, Officer | 1 | $0 |
| William Gallagher | Clerk Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5772, SALISBURY, MA 01952-0772
- In care of
- % WILLIAM J BUCKLEY
- Principal officer (990 for 2024)
- Wayne Capolupo, 7 Broadway, Salisbury, MA 01952
- Signed the 990
- Wayne Capolupo, President
- Phone
- (978) 462-7274
- Return prepared by
- FRITZ DEGUGLIELMO LLC
Mission
Create & maintain a revitalized Salisbury Beach
Program accomplishments
- Foster and promote initiatives designed to create and maintain a revitalized Salisbury Beach in Salisbury, MassachusettsExpenses $3,435,245 · grants $2,918,671 · revenue $204,915
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
- 77-0681920
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C34)
- Assets (IRS master file)
- $98,379
- Income (IRS master file)
- $443,437
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $439,541 | $3,452,539 | $98,379 | XML |
| 990 | December 2023 | $1,001,108 | $727,576 | $6,453,006 | XML |
| 990 | December 2022 | $2,457,338 | $388,431 | $5,128,794 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 77-0681920).
Questions about SALISBURY BEACH PARTNERSHIP INC
- What is the EIN of SALISBURY BEACH PARTNERSHIP INC?
- The employer identification number (EIN) of SALISBURY BEACH PARTNERSHIP INC is 77-0681920.
- Is SALISBURY BEACH PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to SALISBURY BEACH PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SALISBURY BEACH PARTNERSHIP 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 SALISBURY BEACH PARTNERSHIP 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 SALISBURY BEACH PARTNERSHIP 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 SALISBURY BEACH PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 names Wayne Capolupo.
- Who are the officers and directors of SALISBURY BEACH PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does SALISBURY BEACH PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $439,541, expenses of $3,452,539 and total assets of $98,379 at year end.
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