Nonprofit · EIN 27-5087047
FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC
Tax-exempt · NAPLES, FL 34106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $897,824 | $734,520 | $163,304 | $818,600 | $465,106 | $353,494 |
| December 31, 2023 | 990 | $734,188 | $659,721 | $74,467 | $819,814 | $629,624 | $190,190 |
| December 31, 2022 | 990 | $625,149 | $545,897 | $79,252 | $567,425 | $451,702 | $115,723 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $884,179
- Investment income
- $13,645
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $141,068
- Salaries, compensation and benefits (total)
- $155,991
- Professional fundraising fees
- $0
- Legal fees
- $43,500
- Program services (functional)
- $638,465
- Management and general (functional)
- $92,010
- Fundraising (functional)
- $4,045
Balance sheet and other
- Total assets, start of year
- $819,814
- Total assets, end of year
- $818,600
- Total liabilities, end of year
- $465,106
- Net assets, end of year
- $353,494
- Net assets without donor restrictions
- $353,494
- Gross receipts
- $897,824
- Employees
- 2
- Volunteers
- 7
- Year formed
- 2011
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRILYN HOFFMANN | OFFICER Trustee or director | 6 | $0 |
| ERIC TANCREDI | OFFICER Trustee or director | 6 | $0 |
| JARRED KLAPLAN | OFFICER Trustee or director | 6 | $0 |
| MARGARET STEPANIAN | DIRECTOR Trustee or director | 6 | $0 |
| JEFF WYNN | OFFICER Trustee or director, Officer | 6 | $0 |
| CHRISTOPHER SHUCART | PRESIDENT Trustee or director, Officer | 6 | $0 |
| JOSEPH MCCABE | OFFICER Trustee or director, Officer | 6 | $0 |
| HEIDI FRY | EMPLOYEE Key employee | 6 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JARRED KLAPLAN | OFFICER Trustee or director | 6 | $0 |
| MARGARET STEPANIAN | DIRECTOR Trustee or director | 6 | $0 |
| ERIC TANCREDI | OFFICER Trustee or director | 6 | $0 |
| JERRILYN HOFFMANN | OFFICER Trustee or director | 6 | $0 |
| JEFF WYNN | OFFICER Trustee or director, Officer | 6 | $0 |
| JOSEPH MCCABE | OFFICER Trustee or director, Officer | 6 | $0 |
| CHRISTOPHER SHUCART | PRESIDENT Trustee or director, Officer | 6 | $0 |
990 for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JARRED KLAPLAN | OFFICER Trustee or director | 6 | $0 |
| NANCY MCDONALD | DIRECTOR Trustee or director | 6 | $0 |
| ERIC TANCREDI | OFFICER Trustee or director | 6 | $0 |
| JERRILYN HOFFMANN | OFFICER Trustee or director | 6 | $0 |
| JOSEPH MCCABE | OFFICER Trustee or director, Officer | 6 | $0 |
| JEFF WYNN | OFFICER Trustee or director, Officer | 6 | $0 |
| CHRISTOPHER SHUCART | PRESIDENT Trustee or director, Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 948, NAPLES, FL 34106-0948
- In care of
- % CHRISTOPHER SHUCART
- Signed the 990
- CHRISTOPHER SHUCART, PRESIDENT
- Phone
- (239) 692-8436
- Website
- WWW.FIFTHAVENUESOUTH.COM
- Return prepared by
- VANGUARD TAX & BUSINESS SRVCS LLC
Mission
FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT, INC.S MISSION IS TO STABILIZE ANDIMPROVE COMMERCIAL PROPERTY THROUGH PROMOTION, MANAGEMENT, MARKETING, ADMINISTRATIVEAND OTHER SIMILAR SERVICES FOR THE ASSESSMENT AREA IN NAPLES, FL.
Program accomplishments
- THE ORGANIZATION HAS INCREASED PUBLIC INTEREST IN THE FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT BY SPONSORING SEVERAL STREET EVENTS AND VARIOUS HOLIDAY EVENTS. THE ORGANIZATION HAS LAUNCHED A COMPREHENSIVE BRAND AND MARKETING PROGRAM INCLUDING ENHANCED NEW LOGO AND TAG LINE, IMAGE AND EVENT ADVERTISING, WEBSITE, DIRECTORY BROCHURES, AND ENHANCED EVENTS SCHEDULE. THE ORGANIZATION ALSO ADDED DECORATIVE STREET LIGHTING, DIRECTORY SIGNAGE AND INSTITUTED OUTREACH PROGRAMS TO MERCHANTS, PROPERTY OWNERS AND THE GREATER COMMUNITY.Expenses $638,465 · revenue $897,824
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
- 27-5087047
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $818,600
- Income (IRS master file)
- $897,824
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $897,824 | $734,520 | $818,600 | XML |
| 990 | December 2023 | $734,188 | $659,721 | $819,814 | XML |
| 990 | December 2022 | $625,149 | $545,897 | $567,425 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 27-5087047).
Questions about FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC
- What is the EIN of FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC?
- The employer identification number (EIN) of FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC is 27-5087047.
- Is FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT 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 FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT 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 FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does FIFTH AVENUE SOUTH BUSINESS IMPROVEMENT DISTRICT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $897,824, expenses of $734,520 and total assets of $818,600 at year end.
Other nonprofits in NAPLES
- AVOW REAL ESTATE INC EIN 81-1068780 · last filed 990 for 2024
- GFWC NAPLES WOMANS CLUB INC EIN 59-0907298 · last filed 990 for 2025
- EMMANUEL COMMUNITIES INC EIN 81-4703797 · last filed 990 for 2025
- GROW HOLDINGS FLORIDA INC EIN 82-2701103 · last filed 990 for 2025
- COLLIER COUNTY HONOR FLIGHT INC EIN 46-4031697 · last filed 990 for 2025
- INTERNATIONAL LABRADOODLE ASSOCIATION INC EIN 59-3811783 · last filed 990 for 2025
- RENEWING COMMUNITY INC EIN 86-3557261 · last filed 990-EZ for 2025
- EXECUTIVE WOMENS GOLF ASSOCIATION INC EIN 22-3767124 · last filed 990-EZ for 2025
All nonprofits in NAPLES · Florida · Community improvement and capacity building