Skip to main content

Nonprofit · EIN 81-5393249

WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC

Tax-exempt · PT CHARLOTTE, FL 33952

Financials

$119K$108K2022$158K$66K2023$126K$31K2024
Revenue Expenses · by fiscal year end
Financials of WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$126,101$30,800$95,301$881,110$0$881,110
December 31, 2023990$158,473$65,793$92,680$785,809$0$785,809
December 31, 2022990$119,475$108,276$11,199$679,578$0$679,578
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$109,018
of which government grants
$32,611
Program service revenue
$0
Investment income
$7,406
Net income from fundraising events
$6,102
Other revenue
$9,677

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$1,874
Fundraising (functional)
$28,926

Balance sheet and other

Total assets, start of year
$785,809
Total assets, end of year
$881,110
Total liabilities, end of year
$0
Net assets, end of year
$881,110
Land, buildings and equipment
$629,476
Net assets with donor restrictions
$881,110
Gross receipts
$129,535
Employees
0
Volunteers
5
Year formed
2017
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.

NameTitleHours / weekCompensation
Thurnell ShieldsDirector
Trustee or director
1$0
Laura DoveDirector
Trustee or director
1$0
Ken WintDirector
Trustee or director
1$0
Jeff MosherDirector
Trustee or director
1$0
Stephen R DeutschDirector
Trustee or director
1$0
Jon WarmelingDirector
Trustee or director
1$0
Michael GainesChairman
Trustee or director, Officer
10$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MICHAEL A GAINESChairman
Trustee or director, Officer
10$0
THURNELL SHIELDSDirector
Trustee or director
0$0
LAURA C DOVEDirector
Trustee or director
0$0
KEN WINTDirector
Trustee or director
0$0
JEFF MOSHERDirector
Trustee or director
2$0
STEPHEN R DEUTSCHDirector
Trustee or director
5$0
JON WARMELINGDirector
Trustee or director
0$0
990 for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensation
MICHAEL A GAINESChairman
Trustee or director, Officer
10$0
THURNELL SHIELDSDirector
Trustee or director
0$0
LAURA C DOVEDirector
Trustee or director
0$0
KEN WINTDirector
Trustee or director
0$0
JEFF MOSHERDirector
Trustee or director
2$0
STEPHEN R DEUTSCHDirector
Trustee or director
5$0
JON WARMELINGDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
3280 TAMIAMI TRL STE 36, PT CHARLOTTE, FL 33952-8086
In care of
% MICHAEL A GAINES
Principal officer (990 for 2024)
Michael Gaines, 3280-36 Tamiami Trail, Port Charlotte, FL 33952
Signed the 990
Michael Gaines, Chairman
Phone
(941) 218-0456
Return prepared by
Ellen Fontana CPA LLC

Mission

The Fund was established to honor the sacrifice of William R Gaines Jr as well as other veterans and first responders. William R Gaines Jr made the ultimate sacrifice for his country. He was killed in the attack on the American marine barracks in Beirut, Lebanon on October 23rd 1983. The fund is currently working with various Charlotte County based organizations to refurbish and improve a county park, renamed the William R Gaines Jr veteran Memorial Park.

990 for the year ended December 31, 2024

Program accomplishments

  • Beirut Peacemakers Memorial Tower started Phase 1 - poured foundation for tower and installed pile cap. Gala Fundraiser August 30, 2024 - Kicked off Capital Campaign for Phase 2 of Tower Installed new ADA Kayak Launch September 2024 Peacekeepers Tower Concert October 2024 Freedom Run 2024 December 20240

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
81-5393249
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$881,110
Income (IRS master file)
$129,535

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$126,101$30,800$881,110XML
990December 2023$158,473$65,793$785,809IRS
990December 2022$119,475$108,276$679,578XML
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 81-5393249).

Questions about WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC

What is the EIN of WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC?
The employer identification number (EIN) of WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC is 81-5393249.
Is WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WILLIAM R GAINES JR VETERAN MEMORIA L FUND 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 WILLIAM R GAINES JR VETERAN MEMORIA L FUND 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 WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC 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 WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC?
The 990 for the year ended December 31, 2024 names Michael Gaines.
Who are the officers and directors of WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does WILLIAM R GAINES JR VETERAN MEMORIA L FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $126,101, expenses of $30,800 and total assets of $881,110 at year end.

Other nonprofits in PT CHARLOTTE

All nonprofits in PT CHARLOTTE · Florida · Recreation and sports