Form 990 for tax year 2024
Filed by VIRGIN ISLANDS PROFESSIONAL CHARTER ASSOCIATION.
Totals
- Total revenue
- $811,678
- Total expenses
- $563,550
- Contributions and grants received
- $128,500
- Grants paid
- $0
- Program service revenue
- $683,178
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $625,915
- Total liabilities, end of year
- $1,956
- Net assets or fund balances, end of year
- $623,959
- Program services expenses (Part IX)
- $245,008
- Management and general expenses
- $318,542
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $245,008
Program services were 43.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$128,500
-
2a · Program service revenue: CHARTER YACHT SHOW REGISTRATION
total $33,500 · related or exempt $33,500
-
2b · Program service revenue: YOUTH TRAINING
total $5,450 · related or exempt $5,450
-
2c · Program service revenue: SPONSORSHIP
total $115,000 · related or exempt $115,000
-
2d · Program service revenue: MOORINGS
total $36,148 · related or exempt $36,148
-
2e · Program service revenue: VIBE
total $493,080 · related or exempt $493,080
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $141,362 · management and general $141,362
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $8,807 · management and general $8,807
-
10 · Payroll taxes
total $12,624 · management and general $12,624
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $9,232 · management and general $9,232
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,405 · management and general $4,405
-
13 · Office expenses
total $29,059 · management and general $29,059
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $14,299 · management and general $14,299
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,496 · management and general $3,496
-
24a · Other expenses: YACHT SHOW AND VIBE DIRECT EXPENSE
total $238,806 · program services $238,806
-
24b · Other expenses: COASTAL CURRICULUMN
total $6,202 · program services $6,202
-
24c · Other expenses: MEMBER AND YOUTH TRAINING
total $323 · management and general $323
-
24d · Other expenses: MOORING INSTALLATION
total $93,920 · management and general $93,920
-
24e · All other expenses
total $1,015 · management and general $1,015
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $375,609 · end of year $598,269
-
4 · Accounts receivable
beginning of year -$1,025 · end of year $25,482
-
15 · Other assets
beginning of year $2,164 · end of year $2,164
-
17 · Accounts payable and accrued expenses
beginning of year $2,756 · end of year $1,956
-
27 · Net assets without donor restrictions
beginning of year $373,992 · end of year $623,959
Mission and programs · 2024
Mission
THE VIRGIN ISLANDS PROFESSIONAL CHARTER ASSOCIATION IS ORGANIZED FOR THE PURPOSE OF PROMOTING THE CHARTER BUSINESS IN THE U.S. VIRGIN ISLANDS.
-
Annual Charter Yacht Show in St Thomas US Virgin Islands
Expenses $54,309 · Revenue $148,500
-
Youth and Membership Training
Expenses $6,202 · Revenue $5,450
-
VIBE International Yacht Show
Expenses $184,497 · Revenue $493,080
As filed on the 2024 return.
Listed in Part VII
-
Staci SmithSTACI SMITH
EXECUTIVE DIRECTOR
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Vivianne SwietelskyVIVIANNE SWIETELSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Leah RandallLEAH RANDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike JohnsonMIKE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rj LipertRJ LIPERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jim JacksonJIM JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jay PenningtonJAY PENNINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chris ChillersCHRIS CHILLERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Siboney TravinoSIBONEY TRAVINO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Steve SchlosserSTEVE SCHLOSSER
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Judy PriceJUDY PRICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bret Van RodenBRET VAN RODEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202510629349300601
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