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SAIL NEWPORT, INC.

Company Details

Name: SAIL NEWPORT, INC.
Jurisdiction: Rhode Island
Entity type: Domestic Non-Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 27 Apr 1984 (41 years ago)
Identification Number: 000028450
ZIP code: 02840
County: Newport County
Principal Address: 72 FORT ADAMS DRIVE, NEWPORT, RI, 02840, USA
Purpose: ENCOURAGE, PROMOTE & ADMINISTER SAILING COMPETITION, INCLUDING AMERICA'S CUP COMPETITION.

Industry & Business Activity

NAICS

532284 Recreational Goods Rental

This U.S. industry comprises establishments primarily engaged in renting recreational goods, such as bicycles, canoes, motorcycles, skis, sailboats, beach chairs, and beach umbrellas. Learn more at the U.S. Census Bureau

Agent

Name Role Address
BRADFORD S. READ Agent 72 FORT ADAMS DRIVE, NEWPORT, RI, 02840, USA

PRESIDENT

Name Role Address
SUSAN DALY PRESIDENT 360 GIBBS AVENUE #7 NEWPORT, RI 02840 USA

TREASURER

Name Role Address
TIMOTHY J. GRIMES TREASURER 43 WARNER STREET NEWPORT, RI 02840 USA

SECRETARY

Name Role Address
LEE PARKS SECRETARY 15 HAMMERSMITH ROAD, #29 NEWPORT, RI 02840 USA

VICE PRESIDENT

Name Role Address
DON STEINER VICE PRESIDENT 33 INDIAN AVENUE MIDDLETOWN, RI 02842 USA

DIRECTOR

Name Role Address
BUSTER PIKE DIRECTOR 7 MAITLAND COURT NEWPORT, RI 02840 USA
CHRIS LONG DIRECTOR 26 3RD STREET NEWPORT, RI 02840 USA
COURTNEY VAN BEUREN DIRECTOR 60 PROSPECT LANE PORTSMOUTH, RI 02871 USA
MICK HARVEY DIRECTOR 40 PARKER AVE NEWPORT, RI 02840 USA
BARBY MACGOWAN DIRECTOR 76 CENTER AVE MIDDLETOWN, RI 02842 USA
ROB MACMILLAN DIRECTOR 15 BEACON HILL RD NEWPORT, RI 02840 USA
JOHN MCCABE DIRECTOR 24 AYRAULT ST NEWPORT, RI 02840 USA
LAT SPINNEY DIRECTOR 88 CARROLL AVE NEWPORT, RI 02840 USA
KATRINA HELE DIRECTOR 900 PARK AVE APT. 17BC NEW YORK, NY 10075 USA
ANDREW MACKEN DIRECTOR 75 STANDISH ROAD WELLESLEY, MA 02481 USA

Filings

Number Name File Date
202443732180 Annual Report 2024-01-04
202326782620 Annual Report 2023-01-27
202221233830 Annual Report 2022-07-13
202220503150 Revocation Notice For Failure to File An Annual Report 2022-06-28
202198054870 Annual Report 2021-06-09
202044689630 Annual Report 2020-07-14
201995617460 Annual Report 2019-06-06
201867769310 Annual Report 2018-05-30
201753822770 Annual Report 2017-11-22
201753822860 Statement of Change of Registered/Resident Agent Office 2017-11-22

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
343129383 0112300 2018-05-02 72 FORT ADAMS DRIVE, NEWPORT, RI, 02840
Inspection Type Complaint
Scope Partial
Safety/Health Safety
Close Conference 2018-05-02
Emphasis L: CRANE, L: FORKLIFT
Case Closed 2018-06-06

Related Activity

Type Complaint
Activity Nr 1333770
Safety Yes

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
22-2560625 Corporation Unconditional Exemption 72 FORT ADAMS DR, NEWPORT, RI, 02840-4388 1987-05
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Educational Organization, Local Association of Employees, Horticultural Organization, Business League, Voluntary Employees' Beneficiary Association (Govt. Emps.), Mutual Ditch or Irrigation Co., Cemetery Company, Other Mutual Corp. or Assoc.
Deductibility Contributions are deductible.
Foundation Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2)
Tax Period 2023-10
Asset 5,000,000 to 9,999,999
Income 5,000,000 to 9,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Oct
Asset Amount 8518622
Income Amount 5653975
Form 990 Revenue Amount 5515517
National Taxonomy of Exempt Entities -
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 202210
Filing Type E
Return Type 990T
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 202210
Filing Type E
Return Type 990
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 202110
Filing Type E
Return Type 990
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 202010
Filing Type E
Return Type 990
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201910
Filing Type E
Return Type 990
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201910
Filing Type P
Return Type 990T
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201810
Filing Type E
Return Type 990
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201810
Filing Type P
Return Type 990T
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201710
Filing Type E
Return Type 990
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201710
Filing Type P
Return Type 990T
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201610
Filing Type P
Return Type 990T
File View File
Organization Name SAIL NEWPORT
EIN 22-2560625
Tax Period 201610
Filing Type E
Return Type 990
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3035638300 2021-01-21 0165 PPS 72 Fort Adams Dr, Newport, RI, 02840
Loan Status Date 2022-01-31
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 207180.6
Loan Approval Amount (current) 207180.6
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65657
Servicing Lender Name BankNewport
Servicing Lender Address 10 Washington Sq, NEWPORT, RI, 02840-2948
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Newport, NEWPORT, RI, 02840
Project Congressional District RI-01
Number of Employees 37
NAICS code 532284
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 209019.68
Forgiveness Paid Date 2021-12-16
6763727004 2020-04-07 0165 PPP 72 Fort Adams Drive, NEWPORT, RI, 02840-4388
Loan Status Date 2021-04-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 194700
Loan Approval Amount (current) 194700
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65657
Servicing Lender Name BankNewport
Servicing Lender Address 10 Washington Sq, NEWPORT, RI, 02840-2948
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NEWPORT, NEWPORT, RI, 02840-4388
Project Congressional District RI-01
Number of Employees 12
NAICS code 532284
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 196556.32
Forgiveness Paid Date 2021-03-31

Date of last update: 06 Apr 2025

Sources: Rhode Island Department of State