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Nonprofit · EIN 91-1051529

SEADRUNNER PROPERTIES

Tax-exempt · SEATTLE, WA 98108

Financials

$79K$389K2023$74K$337K2024
Revenue Expenses · by fiscal year end
Financials of SEADRUNNER PROPERTIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$73,722$337,322-$263,600$6,262,404$4,955,536$1,306,868
December 31, 2023990$78,856$388,501-$309,645$2,295,191$724,723$1,570,468
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$73,722
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,160
Occupancy
$23,454
Depreciation
$89,193

Balance sheet and other

Total assets, start of year
$2,295,191
Total assets, end of year
$6,262,404
Total liabilities, end of year
$4,955,536
Net assets, end of year
$1,306,868
Land, buildings and equipment
$1,455,270
Net assets without donor restrictions
$1,306,868
Gross receipts
$73,722
Employees
0
Volunteers
0
Year formed
1978
State of legal domicile
WA

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
MICHAEL OSTACHERPRESIDENT
Trustee or director
0.3$0
MARC LORENZAT LARGE
Trustee or director
0.3$0
MIKEL SAMANIEGOTREASURER
Trustee or director
0.3$0
JENNIE LINDBERGSECRETARY
Trustee or director
0.3$0
JON CAFASSOAT LARGE
Trustee or director
0.3$0
MEGAN TRIPPAT LARGE
Trustee or director
0.3$0
JASON VICKERSAT LARGE
Trustee or director
0.3$0
PATRICK ARNEYAT LARGE
Trustee or director
0.3$0
JOSEPH BARRETTCEO
Trustee or director
0.3$0
MARLA GESEAT LARGE
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
MICHAEL OSTACHERPRESIDENT
Trustee or director
0.3$0
SCOTT GIFFORDVICE PRESIDENT
Trustee or director
0.3$0
MIKEL SAMANIEGOTREASURER
Trustee or director
0.3$0
JENNIE LINDBERGSECRETARY
Trustee or director
0.3$0
JON CAFASSOAT LARGE
Trustee or director
0.3$0
MEGAN TRIPPAT LARGE
Trustee or director
0.3$0
JASON VICKERSAT LARGE
Trustee or director
0.3$0
PATRICK ARNEYAT LARGE
Trustee or director
0.3$0
JOSEPH BARRETTCEO
Trustee or director
0.3$0
AARON MACCOYAT LARGE
Trustee or director
0.3$0
MONICA RAMSEYAT LARGE
Trustee or director
0.3$0

Address and contacts

Address (IRS master file)
PO BOX 80864, SEATTLE, WA 98108-0864
Principal officer (990 for 2024)
JOE BARRETT, 19851 MARINE VIEW DR SW, SEATTLE, WA 98166
Signed the 990
JOE BARRETT, OFFICER
Phone
(206) 767-0244
Return prepared by
SMITH BUNDAY BERMAN BRITTON PS

Mission

THE CORPORATION IS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO AN ORGANIZATION WHICH WAS ORGANIZED TO PROVIDE SHELTER, CARE, TREATMENT, GUIDANCE AND/OR ENCOURAGEMENT TO PERSONS USING NARCOTICS, AND TO ASSIST IN THE REHABIITATION OF SUCH PERSONS.

990 for the year ended December 31, 2024

Program accomplishments

  • SEADRUNAR PROPERTIES OWN PROPERTIES THAT ARE USED IN THE DRUG TREATMENT PROGRAM AS LIVING FACILITIES FOR CLIENTS WHO ARE RECIVING DRUG TREATMENT.
    Expenses $337,322 · revenue $73,722

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
91-1051529
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,262,404
Income (IRS master file)
$73,722

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$73,722$337,322$6,262,404XML
990December 2023$78,856$388,501$2,295,191XML
990December 2022$100,098$218,485$2,123,832IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 91-1051529).

Questions about SEADRUNNER PROPERTIES

What is the EIN of SEADRUNNER PROPERTIES?
The employer identification number (EIN) of SEADRUNNER PROPERTIES is 91-1051529.
Is SEADRUNNER PROPERTIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1979.
Are donations to SEADRUNNER PROPERTIES tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SEADRUNNER PROPERTIES 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 SEADRUNNER PROPERTIES 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 SEADRUNNER PROPERTIES 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 SEADRUNNER PROPERTIES?
The 990 for the year ended December 31, 2024 names JOE BARRETT.
Who are the officers and directors of SEADRUNNER PROPERTIES?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does SEADRUNNER PROPERTIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $73,722, expenses of $337,322 and total assets of $6,262,404 at year end.

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