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Conanicut Island Sailing Foundation

Company Details

Name: Conanicut Island Sailing Foundation
Jurisdiction: Rhode Island
Entity type: Domestic Non-Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 21 Sep 2000 (25 years ago)
Identification Number: 000114527
ZIP code: 02835
County: Newport County
Principal Address: PO BOX 675, JAMESTOWN, RI, 02835, USA
Purpose: ENCOURAGING YACHTING AND YACHT RACING ON CONANICUT ISLAND AND ADJACENT WATERS.

Industry & Business Activity

NAICS

713990 All Other Amusement and Recreation Industries

This industry comprises establishments (except amusement parks and arcades; gambling industries; golf courses and country clubs; skiing facilities; marinas; fitness and recreational sports centers; and bowling centers) primarily engaged in providing recreational and amusement services. Learn more at the U.S. Census Bureau

Agent

Name Role Address
RALPH M. KINDER, ESQ. Agent 300 METRO CENTER BOULEVARD SUITE 150A, WARWICK, RI, 02886, USA

SECRETARY

Name Role Address
MIKE MARSHALL SECRETARY LAWN AVENUE JAMESTOWN, RI 02835 USA

EXECUTIVE DIRECTOR

Name Role Address
MEG MYLES EXECUTIVE DIRECTOR 7 FELUCCA AVENUE JAMESTOWN, RI 02835 USA

BOARD MEMBER

Name Role Address
CHRISTOPHER CANNON BOARD MEMBER 845 E. SHORE ROAD JAMESTOWN, RI 02835 USA
CORY SERTL BOARD MEMBER 7 BROOKWOOD ROAD ROCHESTER, NY 14610 USA
ERICA VINELLI BOARD MEMBER 89 FOREST AVENUE NEW ROCHELLE, NY 10804 USA
JESS WURZBACHER BOARD MEMBER 107 GARBOARD STREET JAMESTOWN, RI 02835 USA
MIKE HILL BOARD MEMBER 29 HAWTHORNE ROAD JAMESTOWN, RI 02835 USA

DIRECTOR

Name Role Address
HANNAH SWETT DIRECTOR 47 LONGFELLOW ROAD JAMESTOWN, RI 02835 USA
MOLLY SYLVIA DIRECTOR LAWN AVENUE JAMESTOWN, RI 02835 USA
DAN GREGORY DIRECTOR 1 MEADOW LANE JAMESTOWN, RI 02835 USA

TREASURER

Name Role Address
BOB MANCINI TREASURER 17 FRIENDSHIP STREET JAMESTOWN, RI 02835 USA

BOARD CHAIR

Name Role Address
TOR HOLTAN BOARD CHAIR 61 BAY VIEW DRIVE JAMESTOWN, RI 02835 USA

VICE-CHAIR

Name Role Address
JIM BRYER VICE-CHAIR 55 CLINTON AVENUE JAMESTOWN, RI 02835 USA

Filings

Number Name File Date
202451251680 Annual Report 2024-04-16
202335229420 Annual Report 2023-05-03
202216040760 Annual Report 2022-04-28
202216033410 Statement of Change of Registered/Resident Agent Office 2022-04-28
202199373970 Annual Report 2021-07-15
202190130310 Statement of Change of Registered/Resident Agent Office 2021-02-04
202042312800 Annual Report 2020-06-15
201903433870 Annual Report 2019-07-11
201995603760 Statement of Change of Registered/Resident Agent Office 2019-06-06
201871470750 Annual Report 2018-07-02

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
05-0513580 Corporation Unconditional Exemption 7 FELUCCA AVE, JAMESTOWN, RI, 02835-1721 2001-06
In Care of Name % MEG MYLES
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 Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2023-12
Asset 1,000,000 to 4,999,999
Income 500,000 to 999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 1149344
Income Amount 740862
Form 990 Revenue Amount 723933
National Taxonomy of Exempt Entities Environment: Environmental Education and Outdoor Survival Programs
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 CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 202212
Filing Type E
Return Type 990
File View File
Organization Name CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 202112
Filing Type E
Return Type 990
File View File
Organization Name CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 202012
Filing Type E
Return Type 990
File View File
Organization Name CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 201912
Filing Type E
Return Type 990
File View File
Organization Name CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 201812
Filing Type E
Return Type 990
File View File
Organization Name CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 201712
Filing Type E
Return Type 990
File View File
Organization Name CONANICUT ISLAND SAILING FOUNDATION
EIN 05-0513580
Tax Period 201612
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
3505078304 2021-01-22 0165 PPS 7 Felucca Ave, Jamestown, RI, 02835-1721
Loan Status Date 2021-12-21
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 50785.9
Loan Approval Amount (current) 50785.9
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 Jamestown, NEWPORT, RI, 02835-1721
Project Congressional District RI-01
Number of Employees 7
NAICS code 611710
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Non-Profit Organization
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 51224.19
Forgiveness Paid Date 2021-12-06
7587447008 2020-04-07 0165 PPP 7 Felucca Avenue, JAMESTOWN, RI, 02835-1721
Loan Status Date 2021-03-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 25500
Loan Approval Amount (current) 25500
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 JAMESTOWN, NEWPORT, RI, 02835-1721
Project Congressional District RI-01
Number of Employees 13
NAICS code 622310
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Non-Profit Organization
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 25711.68
Forgiveness Paid Date 2021-02-19

Date of last update: 10 Apr 2025

Sources: Rhode Island Department of State