Nonprofits500 Sails

Arts, Culture & Humanities

500 Sails

SAIPAN, MP

Total revenue

$126K

Total expenses

$503K

Net assets

$1.6M

Grants received

$40K

2 grants

EIN

660821204

Tax year

2024

Mission

500 Sails' mission is the cultural revival of the maritime traditions of the Mariana Islands. This is done through sailing of canoes of traditional design made from both modern and traditional materials, as well as classes in sailing, building, swimming, and educational outreach.

Financials

FY 2024

Revenue

Contributions & grants$85K
Program service revenue$29K
Investment income
Other revenue$12K
Total revenue$126K

Expenses

Grants paid
Salaries & benefits$234K
Fundraising$2K
Other expenses$269K
Total expenses$503K
Total assets$1.7M
Net assets$1.6M

People

10 listed

NameRoleCompensation

MILTON J COLEMAN

Executive Dir.

Board

$61K

40 hrs/wk

DAVE GUERRERO

President

Board

1 hrs/wk

JULIA BENAVENTE

Vice President

Board

0.5 hrs/wk

GERALDINE SASAMOTO

Treasurer

Board

1 hrs/wk

EMMA PEREZ

Secretary

Board

2 hrs/wk

NADINE DELEON GUERRERO

Director

Board

1 hrs/wk

SALINA SAPP

Director

Board

0.5 hrs/wk

TIANA REYES

Director

Board

0.5 hrs/wk

CECILIO RAIUKIULIPIU

Director

Board

2 hrs/wk

PETER PEREZ

Board Emeritus

Board

2 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$40K from 2 funders · 2 grants · 2019–2020

Western States Arts Federation

$20K · 1 grant · 2019

Details

EIN660821204
NTEE codeA20
Subsection03
Ruling date2024-03
Formed2014
Employees19
Volunteers14
500 SAILS — Mission, Financials & Grants Received | Grantivo