Nonprofit · EIN 81-3502346
VETERAN SAILING INC
Tax-exempt · KEY LARGO, FL 33037
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $258,703 | $87,500 | $171,203 | $796,106 | $0 | $796,106 |
| December 31, 2024 | 990 | $183,464 | $72,910 | $110,554 | $624,903 | $0 | $624,903 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $238,990
- Program service revenue
- $0
- Investment income
- $19,713
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $87,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $87,500
Balance sheet and other
- Total assets, start of year
- $624,903
- Total assets, end of year
- $796,106
- Total liabilities, end of year
- $0
- Net assets, end of year
- $796,106
- Net assets without donor restrictions
- $796,106
- Gross receipts
- $258,703
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2017
- 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 |
|---|---|---|---|
| JOSEPH E MASTRANGELO | DIRECTOR Trustee or director | 40 | $0 |
| MARTIN O STELLING | DIRECTOR Trustee or director | 1 | $0 |
| ASTRID RODRIGUEZ | SECRETARY Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ASTRID RODRIGUEZ | SECRETARY Officer | 1 | $1 | $1 | $1 |
| JOSEPH E MASTRANGELO | DIRECTOR Trustee or director | 40 | $0 | $0 | $0 |
| MARTIN O STELLING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 227 JOLLY ROGER DR, KEY LARGO, FL 33037-2315
- In care of
- % JOSEPH E MASTRANGELO JR
- Mailing address (990-N for 2016)
- 227 JOLLY ROGER DRIVE, KEY LARGO FL 33037
- Principal officer (990 for 2025)
- JOSEPH E MASTRANGELO, 227 JOLLY ROGER DRIVE, KEY LARGO, FL 33037
- Principal officer (990-N for 2016)
- JOSEPH MASTRANGELO JR, 227 JOLLY ROGER DRIVE, KEY LARGO FL 33037
- Signed the 990
- Martin Stelling, Director
- Phone
- (305) 619-3433
- Website
- www.veteransailing.com
Mission
Veteran Sailing Inc. was formed to provide basic and advanced sailing courses to veterans at no charge to the veteran. The organization trains one veteran at a time and the training is provided by a veteran Navy Seal that has a USCG (United States Coast Guard) 100 ton captain's license as well as a PADI (Professional Association of Diving Instructors) master instructor license. The instructor operates with his ASA (American Sailing Association) sailing instructors credentials through an ASA school (#782). 363 Veterana have been certified to date. 205 Google 5.0 reviews.
Program accomplishments
- ASA 101/103 - Complete Four Day Sailing Course - (30) trainee @$2,500 a course - $75,000.00Expenses $75,000
- ASA 103 Coastal Two Day Cruising Course - (1) Trainees @ $1,500 a course - $1,500.00Expenses $1,500
- ASA 104 Two Day Course - (1) Trainee @ $1,500 a course - $1,500.00Expenses $1,500
- ASA 101 - Two Day Course - (2) trainees @ $1.000 a course - $2,000.00Expenses $2,000
- ASA 104 - Bahamas Trip PADI O.W. Course - (2) trainees@$3,500 a course - $7,000.00Expenses $7,000
- Day Sailing Introduction Course - (1) trainee @ $500 a course - $500.00Expenses $500
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
- 81-3502346
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M40)
- Assets (IRS master file)
- $796,106
- Income (IRS master file)
- $258,703
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $199,039 | $74,726 | $514,349 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2016 Officer: JOSEPH MASTRANGELO JR | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about VETERAN SAILING INC
- What is the EIN of VETERAN SAILING INC?
- The employer identification number (EIN) of VETERAN SAILING INC is 81-3502346.
- Is VETERAN SAILING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to VETERAN SAILING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VETERAN SAILING 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 VETERAN SAILING 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 VETERAN SAILING 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 VETERAN SAILING INC?
- The 990 for the year ended December 31, 2025 names JOSEPH E MASTRANGELO.
- Who are the officers and directors of VETERAN SAILING INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does VETERAN SAILING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $258,703, expenses of $87,500 and total assets of $796,106 at year end.
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