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SPECTRUM SAILING

ISLE OF PALMS, SC. EIN 88-0637151. Reported $233,552 of revenue for 2024 on its Form 990.

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The IRS record

88-0637151
Employer Identification Number
The identifier the IRS uses for this organization.
501(c)(3) — charitable, religious, educational, scientific
Recognised under
The subsection of the code its exemption was granted under.
2022
Recognised in
The year of the IRS ruling.
Recreation and Sports
Classification
NTEE code N99, assigned at registration.
Contributions are deductible
Gifts to it
Whether the IRS treats a contribution to this organization as deductible.
Association
Legal form
How the organization is constituted, as recorded at registration.
ISLE OF PALMS, SC
Location of record
The address the IRS holds, not necessarily where it operates.
Form 990
Most recent filing
For tax year 2024.

What it reported for 2024

$233,552
Total revenue
Contributions, grants, program service revenue and investment income.
$70,061
Total expenses
As reported on the return.
$224,533
Total assets, book value
At the end of the year, at what the organization paid for them.
7
People listed
Officers, directors, trustees, key employees and highest-paid employees.
$20,000
Largest reported compensation
Reported for Scott Herman.

SPECTRUM SAILING reported paying Scott Herman, Executive Director, $20,000 for 2024, listed as a trustee or director. That is reportable compensation from the organization, from related organizations, and other compensation, as the organization reported all three. It is not a verified salary and not take-home pay.

Similar organizations

Other organizations in the same state and category as SPECTRUM SAILING
OrganizationRevenue
CHARLESTON EDUCATIONAL EXCELLENCE FINANCING CORPORATION$57,341,944
LEROY SPRINGS & COMPANY INC$24,121,610
SPRING ISLAND CLUB$14,656,132
FOREST LAKE CLUB$14,241,863
OLDFIELD CLUB$12,504,883
DATAW ISLAND CLUB INC$11,752,514

This organization elsewhere

More in South Carolina and under Recreation and Sports. All organizations: nonprofits.

What this page cannot show

  • Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
  • The figures describe the most recent year on record, which is usually one to two years behind, and not the organization’s current position.
  • Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

Something wrong? Tell us. Full method at methodology.

Sources

Data retrieved