Nonprofit · EIN 59-2572103
SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC
Tax-exempt · PT CHARLOTTE, FL 33981
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $236,331 | $119,785 | $116,546 | $1,204,191 | $77,960 | $1,126,231 |
| December 31, 2024 | 990 | $186,806 | $105,557 | $81,249 | $1,041,092 | $31,407 | $1,009,685 |
| December 31, 2023 | 990 | $192,782 | $88,770 | $104,012 | $950,536 | $22,100 | $928,436 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,010
- Program service revenue
- $212,143
- Investment income
- $22,784
- Net rental income
- $960
- Net income from gaming
- $1,860
- Net income from sales of inventory
- -$2,426
- Other revenue
- $394
Expenses
- Grants and similar amounts paid
- $2,467
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $15,160
- Accounting fees
- $4,950
- Occupancy
- $38,963
- Depreciation
- $15,510
- Program services (functional)
- $87,527
- Management and general (functional)
- $32,258
Balance sheet and other
- Total assets, start of year
- $1,041,092
- Total assets, end of year
- $1,204,191
- Total liabilities, end of year
- $77,960
- Net assets, end of year
- $1,126,231
- Land, buildings and equipment
- $394,622
- Net assets without donor restrictions
- $1,126,231
- Gross receipts
- $240,479
- Employees
- 0
- Volunteers
- 110
- Year formed
- 1982
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Cormier | President Trustee or director, Officer | 8 | $0 |
| Dan Boris | First Vice President Trustee or director, Officer | 2 | $0 |
| Jerry Berg | Second Vice President Trustee or director, Officer | 3 | $0 |
| Elaine McNeill | Treasurer Trustee or director, Officer | 6 | $0 |
| Sue Anderson | Secretary Trustee or director, Officer | 6 | $0 |
| Timothy Delaney | Treasurer/Director Trustee or director, Officer | 4 | $0 |
| Sheryl Blocklin | Secretary/Director Trustee or director, Officer | 4 | $0 |
| Brian Wakeley | Director Trustee or director | 2 | $0 |
| Wendy Hall | Director Trustee or director | 2 | $0 |
| Craig Anderson | Director Trustee or director | 2 | $0 |
| Geoff Norton | Director Trustee or director | 2 | $0 |
| Glenn Sechen | Director Trustee or director | 2 | $0 |
| Paul Wydominic | Director Trustee or director | 2 | $0 |
| Eric Axelson | Director Trustee or director | 2 | $0 |
| Tim Bullard | First Vice President Trustee or director, Officer | 2 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Debbie Bullard | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dan Boris | Director Trustee or director | 2 | $0 |
| Eric Axelson | Director Trustee or director | 2 | $0 |
| Elaine McNeill | Director Trustee or director | 2 | $0 |
| Debbie Bullard | Director Trustee or director | 2 | $0 |
| David Cormier | President Officer | 8 | $0 |
| Tim Bullard | First Vice President Officer | 2 | $0 |
| Sheryl Blocklin | Secretary Officer | 6 | $0 |
| Jerry Berg | Second Vice President Officer | 3 | $0 |
| Timothy Delaney | Treasurer Officer | 6 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Cormier | President Trustee or director, Officer | 8 | $0 |
| Tim Bullard | First Vice President Trustee or director, Officer | 2 | $0 |
| Sheryl Blocklin | Secretary Trustee or director, Officer | 6 | $0 |
| Eric Wells | Director Trustee or director | 2 | $0 |
| Linda Hall | Director Trustee or director | 2 | $0 |
| Elaine McNeill | Director Trustee or director | 2 | $0 |
| Debbie Bullard | Director Trustee or director | 2 | $0 |
| Jerry Berg | Second Vice President Officer | 3 | $0 |
| Timothy Delaney | Treasurer Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- 14859 INGRAHAM BLVD, PT CHARLOTTE, FL 33981-3142
- In care of
- % NANCY L MISSALL
- Principal officer (990 for 2025)
- David Cormier, 14859 Ingraham Blvd, Port Charlotte, FL 33981
- Signed the 990
- David Cormier, President
- Website
- www.southgulfcovefl.org
- Return prepared by
- Nancy Missall
Mission
Maintain the common areas of the subdivision and to promote the common good and general welfare of the people of the community.
Program accomplishments
- Maintain the common areas of the subdivision and work to promote the safety and well being of the residents.Expenses $87,527 · revenue $197,658
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 | 990 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
- 59-2572103
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,204,191
- Income (IRS master file)
- $240,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $236,331 | $119,785 | $1,204,191 | XML |
| 990 | December 2024 | $186,806 | $105,557 | $1,041,092 | XML |
| 990 | December 2023 | $192,782 | $88,770 | $950,536 | XML |
| 990 | December 2022 | $218,329 | $92,558 | $843,316 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 59-2572103).
Questions about SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC
- What is the EIN of SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC?
- The employer identification number (EIN) of SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC is 59-2572103.
- Is SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2022.
- Are donations to SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTH GULF COVE HOMEOWNERS ASSOCIATION 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 SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names David Cormier.
- Who are the officers and directors of SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does SOUTH GULF COVE HOMEOWNERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $236,331, expenses of $119,785 and total assets of $1,204,191 at year end.
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