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Nonprofit · EIN 87-4693069

CHARLESTON REGATTA INC

Tax-exempt · CHARLESTON, WV 25339

Financials

$1.5M$1.3M2023$1.6M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of CHARLESTON REGATTA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,612,833$1,422,447$190,386$610,468$54,339$556,129
December 31, 2023990$1,474,277$1,305,969$168,308$370,207$4,464$365,743
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$708,738
of which government grants
$400,000
Program service revenue
$904,095
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$5,755
Depreciation
$1,284
Program services (functional)
$1,310,689
Management and general (functional)
$94,258
Fundraising (functional)
$17,500

Balance sheet and other

Total assets, start of year
$370,207
Total assets, end of year
$610,468
Total liabilities, end of year
$54,339
Net assets, end of year
$556,129
Land, buildings and equipment
$5,137
Net assets without donor restrictions
$556,129
Gross receipts
$1,612,833
Employees
0
Year formed
2022
State of legal domicile
WV

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.

NameTitleHours / weekCompensation
BRENT BURTONVICE PRESIDE
Trustee or director, Officer
0.5$0
BECKY CEPERLYEX OFFICIO D
Trustee or director
–$0
TERRELL ELLISSECRETARY
Trustee or director, Officer
0.5$0
DR MICHELLE FOSTERDIRECTOR
Trustee or director
–$0
AMY SHULER GOODWINEX OFFICIO D
Trustee or director
–$0
MARY BETH HOOVEREX OFFICIO D
Trustee or director
–$0
RICH KATZDIRECTOR
Trustee or director
–$0
DR ELISHA LEWISDIRECTOR
Trustee or director
–$0
BENJAMIN MISHOEEX OFFICIO D
Trustee or director
–$0
ANDY RICHARDSONPRESIDENT
Trustee or director, Officer
1$0
BEN SALANGODIRECTOR
Trustee or director
–$0
JOSHUA SCOTTDIRECTOR
Trustee or director
–$0
PATRICK SMITHTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
BRENT BURTONVICE PRESIDE
Trustee or director, Officer
0.5$0
BECKY CEPERLYEX OFFICIO D
Trustee or director
–$0
TERRELL ELLISSECRETARY
Trustee or director, Officer
0.5$0
DR MICHELLE FOSTERDIRECTOR
Trustee or director
–$0
AMY SHULER GOODWINEX OFFICIO D
Trustee or director
–$0
MARY BETH HOOVEREX OFFICIO D
Trustee or director
–$0
RICH KATZDIRECTOR
Trustee or director
–$0
DR ELISHA LEWISDIRECTOR
Trustee or director
–$0
BENJAMIN MISHOEEX OFFICIO D
Trustee or director
–$0
ANDY RICHARDSONPRESIDENT
Trustee or director, Officer
1$0
BEN SALANGODIRECTOR
Trustee or director
–$0
JOSHUA SCOTTDIRECTOR
Trustee or director
–$0
PATRICK SMITHTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 11386, CHARLESTON, WV 25339-1386
In care of
% MARTHA JANE BOSTIC
Principal officer (990 for 2024)
ANDY RICHARDSON, PO BOX 5597, CHARLESTON, WV 25361
Signed the 990
PATRICK SMITH, TREASURER
Phone
(304) 345-1151
Return prepared by
SMITH COCHRAN & HICKS PLLC

Mission

HOST THE ANNUAL CHARLESTON STERNWHEEL REGATTA

990 for the year ended December 31, 2024

Program accomplishments

  • ANNUAL FESTIVAL HELD IN CHARLESTON, WV THAT CELEBRATES THE HISTORY OF STERNWHEEL RIVER BOATS IN THE REGION. THE EVENT, WHICH REEMERGED IN THE SUMMER OF 2022 AS THE PREMIER SUMMER EVENT IN THE AREA, NOT ONLY SPURS ECONOMIC GROWTH IN THE REGION BUT ALSO BRINGS THE GREATER CHARLESTON COMMUNITY AND SURROUNDING REGION TOGETHER FOR A MUTLI-DAY EVENT.
    Expenses $1,310,689 · revenue $904,095

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-4693069
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$610,468
Income (IRS master file)
$1,612,833

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,612,833$1,422,447$610,468XML
990December 2023$1,474,277$1,305,969$370,207XML
990December 2022$1,365,436$1,268,425$339,011IRS

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 87-4693069).

Questions about CHARLESTON REGATTA INC

What is the EIN of CHARLESTON REGATTA INC?
The employer identification number (EIN) of CHARLESTON REGATTA INC is 87-4693069.
Is CHARLESTON REGATTA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to CHARLESTON REGATTA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHARLESTON REGATTA 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 CHARLESTON REGATTA 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 CHARLESTON REGATTA 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 CHARLESTON REGATTA INC?
The 990 for the year ended December 31, 2024 names ANDY RICHARDSON.
Who are the officers and directors of CHARLESTON REGATTA INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does CHARLESTON REGATTA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,612,833, expenses of $1,422,447 and total assets of $610,468 at year end.

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