- Revenue 2024
- $125,662
- Expenses 2024
- $502,665
Program services were 93.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- A20
- Classification
- 2000
- Street
- PMB 326 BOX 10001
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 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.
-
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.
Expenses $471,098
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Milton J ColemanMILTON J COLEMAN
Executive Dir.
- Total calculated
- $61,475
- From this org
- $61,475
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dave GuerreroDAVE GUERRERO
President
- Total calculated
- $0
- Hours/week
- 1
-
Julia BenaventeJULIA BENAVENTE
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Geraldine SasamotoGERALDINE SASAMOTO
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Emma PerezEMMA PEREZ
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Nadine Deleon GuerreroNADINE DELEON GUERRERO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Salina SappSALINA SAPP
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Tiana ReyesTIANA REYES
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Cecilio RaiukiulipiuCECILIO RAIUKIULIPIU
Director
- Total calculated
- $0
- Hours/week
- 2
-
Peter PerezPETER PEREZ
Board Emeritus
- 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $125,662
- Expenses
- $502,665
- Contributions
- $84,752
- Grants paid
- $0
-
2023
- Revenue
- $415,446
- Expenses
- $492,633
- Contributions
- $360,163
- Grants paid
- $0
-
2022
- Revenue
- $2,192,711
- Expenses
- $545,730
- Contributions
- $2,178,999
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Form 990-N e-Postcard, tax year 2017
- Tax period
- 1 January 2017 to 31 December 2017
- Principal officer
-
Not named on the postcard
- Mailing address
- PMB 326 Box 10001Saipan MP 96950CQ
- Website
- 500sails.org
As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$17,000
2024 SUBAWARDS
Other IRS files
Auto-Revocation List
- Exemption revoked 15 May 2023.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.