Nonprofit · EIN 88-1325855
WINDWARD SAILS CHARITABLE FOUNDATION INC
Tax-exempt · IPSWICH, MA 01938
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,377,502 | $10,493 | $3,367,009 | $3,596,350 | $56,205 | $3,540,145 |
| December 31, 2023 | 990 | $196,808 | $238,116 | -$41,308 | $7,692 | $49,000 | -$41,308 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,375,880
- Program service revenue
- $0
- Investment income
- $1,622
- Net gain from sales of assets
- $201
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,400
- Management and general (functional)
- $10,493
Balance sheet and other
- Total assets, start of year
- $7,692
- Total assets, end of year
- $3,596,350
- Total liabilities, end of year
- $56,205
- Net assets, end of year
- $3,540,145
- Net assets without donor restrictions
- $3,540,145
- Gross receipts
- $3,409,809
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- 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 |
|---|---|---|---|
| PATRICIA CUSACK | PRESIDENT AND CHAIR Trustee or director, Officer | 5 | $0 |
| ROBERT P MALONEY | VICE CHAIR AND LEGAL ADVISOR Trustee or director, Officer | 1 | $0 |
| ALISON SCHMIDT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL CUSACK | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Cusack President Director | 15134 Brolio Lane, Naples, FL 34110 Trustee or director, Officer | 5 | $0 |
| Michael Cusack Treasur Director | 15134 Brolio Lane, Naples, FL 34110 Trustee or director, Officer | 5 | $0 |
| Robert P Maloney Clerk | One International Place, Ste 3700, Boston, MA 02110 Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 50 CHOATE LN, IPSWICH, MA 01938-3020
- Principal officer (990 for 2024)
- ROBERT P MALONEY, 11 COURT LANE, IPSWICH, MA 01938
- Signed the 990
- ROBERT P MALONEY, CLERK
- Phone
- (978) 204-2222
- Website
- HTTPS://WINDWARDSAILS.ORG/
- Return prepared by
- LEE & CROWLEY LLC
Mission
TO BUILD, DEVELOP, AND FOSTER A COMMUNITY FOR ADULTS WITH DISABILITIES AND SENIOR CITIZENS BY BUILDING AND OPERATING A COMMUNITY CENTER PROVIDING EDUCATIONAL FITNESS AND RECREATIONAL PROGRAMS.
Program accomplishments
- DESIGN AND DEVELOPMENT OF A COMMUNITY CENTER FOR ADULTS WITH DISABILITIES AND SENIOR CITIZENS
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
- 88-1325855
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $3,596,350
- Income (IRS master file)
- $3,409,809
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,377,502 | $10,493 | $3,596,350 | XML |
| 990 | December 2023 | $196,808 | $238,116 | $7,692 | XML |
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 88-1325855).
Questions about WINDWARD SAILS CHARITABLE FOUNDATION INC
- What is the EIN of WINDWARD SAILS CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of WINDWARD SAILS CHARITABLE FOUNDATION INC is 88-1325855.
- Is WINDWARD SAILS CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to WINDWARD SAILS CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WINDWARD SAILS CHARITABLE FOUNDATION 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 WINDWARD SAILS CHARITABLE FOUNDATION 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 WINDWARD SAILS CHARITABLE FOUNDATION 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 WINDWARD SAILS CHARITABLE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ROBERT P MALONEY.
- Who are the officers and directors of WINDWARD SAILS CHARITABLE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does WINDWARD SAILS CHARITABLE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,377,502, expenses of $10,493 and total assets of $3,596,350 at year end.
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