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Nonprofit · EIN 59-1705899

HILLSBORO INLET SAILING CLUB INC

Tax-exempt · LIGHTHOUSE PT, FL 33074

Financials

$31K$39K2022$36K$45K2023$57K$44K2024
Revenue Expenses · by fiscal year end
Financials of HILLSBORO INLET SAILING CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990-EZ$57,158$44,248$12,910$126,473–$126,473
February 29, 2024990-EZ$35,686$44,514-$8,828$113,563–$113,563
February 28, 2023990-EZ$31,132$39,196-$8,064$122,391–$122,391
Financial details: 990-EZ for the year ended February 28, 2025

Revenue

Membership dues
$9,969
Program service revenue
$47,009
Investment income
$180

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$465
Printing, publications and postage
$1,107
Other expenses
$42,676
Program services (functional)
$44,248

Balance sheet and other

Total assets, start of year
$113,563
Total assets, end of year
$126,473
Total liabilities, end of year
–
Net assets, end of year
$126,473
Cash, savings and investments
$64,532
Gross receipts
$57,158

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-EZ for the year ended February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRUCE GUTTLERREAR COMMODO0$0
PATRICIA SCHULDENFREISECRETARY0$0
ALVIRA JOHNSONTREASURER0$0
BARRY SIMMONSCOMMODORE0$0
ASTRID HUNTONVICE COMMODO0$0
990-EZ for the year ended February 29, 2024: 5 people
NameTitleHours / weekCompensation
EDUARDO RABADANCOMMODORE0$0
PATRICIA SCHULDENFREISECRETARY0$0
ALVIRA JOHNSONTREASURER0$0
BARRY SIMMONSVICE COMMODO0$0
ASTRID HUNTONREAR COMMODO0$0
990-EZ for the year ended February 28, 2023: 5 people
NameTitleHours / weekCompensation
MIKE MEGARITYCOMMODORE0$0
ROBERT ODELLSECRETARY0$0
JOE GOMEZTREASURER0$0
EDUARDO RABADANVICE COMMODO0$0
BARRY SIMMONSREAR COMMODO0$0

Address and contacts

Address (IRS master file)
PO BOX 5241, LIGHTHOUSE PT, FL 33074-5241
Signed the 990-EZ
BARRY SIMMONS, COMMODORE
Phone
(954) 942-7244
Return prepared by
WILLIAM TEMPLE ALLEN CPA PA

Mission

TO OPERATE SAILING CLUB

990-EZ for the year ended February 28, 2025

Program accomplishments

  • TO OPERATE SAILING CLUB.
  • TO OPERATE SAILING CLUB
    Expenses $44,248

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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990-EZ on file
2023February 29, 2024July 15, 2024990-EZ on file

IRS record

EIN
59-1705899
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1977
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$126,473
Income (IRS master file)
$57,158

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZFebruary 2025$57,158$44,248$126,473XML
990-EZFebruary 2024$35,686$44,514$113,563XML
990-EZFebruary 2023$31,132$39,196$122,391XML
990-EZFebruary 2022–––IRS
990-EZFebruary 2021–––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 59-1705899).

Questions about HILLSBORO INLET SAILING CLUB INC

What is the EIN of HILLSBORO INLET SAILING CLUB INC?
The employer identification number (EIN) of HILLSBORO INLET SAILING CLUB INC is 59-1705899.
Is HILLSBORO INLET SAILING CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
Are donations to HILLSBORO INLET SAILING CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HILLSBORO INLET SAILING CLUB 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 HILLSBORO INLET SAILING CLUB INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HILLSBORO INLET SAILING CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended February 2025.
Who are the officers and directors of HILLSBORO INLET SAILING CLUB INC?
The 990-EZ for the year ended February 28, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does HILLSBORO INLET SAILING CLUB INC have?
On its 990-EZ for the year ended February 28, 2025 it reported revenue of $57,158, expenses of $44,248 and total assets of $126,473 at year end.

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