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Nonprofit · EIN 92-1171294

COASTAL COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · HILTON HEAD, SC 29926

Financials

$273K$70K2023$3.4M$487K2024
Revenue Expenses · by fiscal year end
Financials of COASTAL COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,391,927$486,772$2,905,155$9,042,934$5,938,285$3,104,649
December 31, 2023990$272,962$70,338$202,624$1,271,589$1,068,965$202,624
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,180,900
of which government grants
$600,000
Program service revenue
$211,026
Investment income
$1
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$75,000
Salaries, compensation and benefits (total)
$80,857
Professional fundraising fees
$0
Legal fees
$48,034
Accounting fees
$24,319
Occupancy
$5,665
Depreciation
$100,430
Program services (functional)
$435,270
Management and general (functional)
$51,502

Balance sheet and other

Total assets, start of year
$1,271,589
Total assets, end of year
$9,042,934
Total liabilities, end of year
$5,938,285
Net assets, end of year
$3,104,649
Land, buildings and equipment
$8,793,221
Net assets without donor restrictions
$3,034,266
Net assets with donor restrictions
$70,383
Gross receipts
$3,391,927
Employees
1
Volunteers
2
Year formed
2022
State of legal domicile
SC

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
ALAN P WOLF JRPRESIDENT / DIRECTOR
Trustee or director, Officer
10$0
DAVID WETMOREVICE PRESIDENT / DIRECTOR
Trustee or director, Officer
10$0
TONY ALFIERITREASURER / DIRECTOR
Trustee or director, Officer
10$0
KENNETH CAMPBELLSECRETARY / DIRECTOR
Trustee or director, Officer
10$0
KIM LIKINSDIRECTOR
Trustee or director
1$0
GEOFF BLOCKDIRECTOR
Trustee or director
1$0
LISA SULKADIRECTOR
Trustee or director
1$0
BRIAN NEUMANNDIRECTOR
Trustee or director
1$0
COLLINS RICHARDSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Alan P Wolf JrPresident / Director
Trustee or director, Officer
10$0
David WetmoreVice President / Director
Trustee or director, Officer
10$0
Tony AlfieriTreasurer / Director
Trustee or director, Officer
10$0
Kenneth CampbellSecretary / Director
Trustee or director, Officer
10$0
Kim LikinsDirector
Trustee or director
1$0
Geoff BlockDirector
Trustee or director
1$0
Lisa SulkaDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9 HUNTER RD STE A, HILTON HEAD, SC 29926-3791
Mailing address (990-N for 2022)
9 Hunter Rd Ste A, Hilton Head SC 29926
Principal officer (990 for 2024)
ALAN P WOLF JR, 9-A HUNTER ROAD, HILTON HEAD ISLAND, SC 29926
Principal officer (990-N for 2022)
Alan P Wolf Jr, 92 Toppin Dr, Hilton Head SC 29926
Signed the 990
ALAN P WOLF JR, PRESIDENT
Phone
(843) 715-4209
Return prepared by
CASSIDY ADVISORS AND ACCOUNTANTS LLC

Mission

THE COASTAL COMMUNITY DEVELOPMENT CORPORATION (CCDC) SEEKS TO INCREASE THE AVAILABILITY OF HOMES FOR OUR LOCAL AND REGIONAL WORKFORCE BY PRESERVING EXISTING HOUSING, TO MEET THE DEMAND OF OUR REGION WHILE SERVING WORKING RESIDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE COASTAL COMMUNITY DEVELOPMENT CORPORATION (CCDC) SEEKS TO INCREASE THE AVAILABILITY OF HOMES FOR OUR LOCAL AND REGIONAL WORKFORCE BY PRESERVING EXISTING HOUSING, TO MEET THE DEMAND OF OUR REGION WHILE SERVING WORKING RESIDENTS. CCDC ACTIVELY SEEKS OUT AND PURCHASES EXISTING HOMES IN OUR AREA AND OFFERS RENTS THAT SERVE A WIDE RANGE OF LOCAL WORKFORCE BASED ON HOUSEHOLD INCOME.
    Expenses $435,270 · revenue $211,026

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
92-1171294
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)
$9,042,934
Income (IRS master file)
$3,391,927

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,391,927$486,772$9,042,934XML
990December 2023$272,962$70,338$1,271,589XML
990-N for 2022
Officer: Alan P Wolf Jr
December 31, 2022≤ $50,000 receipts––e-Postcard

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 92-1171294).

Questions about COASTAL COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of COASTAL COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of COASTAL COMMUNITY DEVELOPMENT CORPORATION is 92-1171294.
Is COASTAL COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to COASTAL COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COASTAL COMMUNITY DEVELOPMENT CORPORATION 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 COASTAL COMMUNITY DEVELOPMENT CORPORATION 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 COASTAL COMMUNITY DEVELOPMENT CORPORATION 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 COASTAL COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names ALAN P WOLF JR.
Who are the officers and directors of COASTAL COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does COASTAL COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,391,927, expenses of $486,772 and total assets of $9,042,934 at year end.

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