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SOUTH COAST VENTURES INC

EIN 04-3003172 NEW BEDFORD, MA

Revenue 2024
$260,531
Expenses 2024
$414,436

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
E112
Classification
1000
Street
101 PAGE ST

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).

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.

  • DAVID MCCREADY

    PRESIDENT & CEO

    Total calculated
    $1,798,618
    From this org
    $0
    From related orgs
    $1,594,229
    Other
    $204,389
    Hours/week
    3.5 + 70.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,184,674 related
    Bonus
    $0 + $330,000 related
    Other
    $0 + $79,555 related
    Deferred
    $0 + $180,000 related
    Nontaxable benefits
    $0 + $24,389 related
    Filer's total
    $0 + $1,798,618 related

  • RENEE CLARK

    ASST CLERK/ EVP & COO SHS

    Total calculated
    $1,424,360
    From this org
    $0
    From related orgs
    $1,221,168
    Other
    $203,192
    Hours/week
    2.5 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $776,964 related
    Bonus
    $0 + $295,800 related
    Other
    $0 + $148,404 related
    Deferred
    $0 + $178,803 related
    Nontaxable benefits
    $0 + $24,389 related
    Filer's total
    $0 + $1,424,360 related

  • RAYFORD KRUGER MD

    FORMER PRESIDENT & CEO

    Total calculated
    $1,349,066
    From this org
    $0
    From related orgs
    $1,316,776
    Other
    $32,290
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $8,355 related
    Bonus
    $0 + $705,000 related
    Other
    $0 + $603,421 related
    Deferred
    $0 + $30,600 related
    Nontaxable benefits
    $0 + $1,690 related
    Filer's total
    $0 + $1,349,066 related

  • WADE BROUGHMAN

    TREASURER/ EVP & CFO SHS (UNTIL 12/2024)

    Total calculated
    $1,133,497
    From this org
    $0
    From related orgs
    $1,093,225
    Other
    $40,272
    Hours/week
    2.5 + 72.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $730,464 related
    Bonus
    $0 + $188,500 related
    Other
    $0 + $174,261 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $19,572 related
    Filer's total
    $0 + $1,133,497 related

  • ILANA FEINERMAN MD

    TRUSTEE

    Total calculated
    $717,877
    From this org
    $0
    From related orgs
    $678,729
    Other
    $39,148
    Hours/week
    1.5 + 63 related

    Schedule J breakdown matched by us

    Base
    $0 + $608,229 related
    Bonus
    $0 + $70,000 related
    Other
    $0 + $500 related
    Deferred
    $0 + $15,288 related
    Nontaxable benefits
    $0 + $23,860 related
    Filer's total
    $0 + $717,877 related

  • MICHAEL BUSHELL

    TREASURER (AS OF 1/25)/ EVP FIN & CFO SHG

    Total calculated
    $204,363
    From this org
    $0
    From related orgs
    $174,309
    Other
    $30,054
    Hours/week
    2.5 + 69 related

    Schedule J breakdown matched by us

    Base
    $0 + $174,309 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $25,906 related
    Nontaxable benefits
    $0 + $4,149 related
    Filer's total
    $0 + $204,364 related

  • KEITH HOVAN

    FORMER PRESIDENT & CEO

    Total calculated
    $115,000
    From this org
    $0
    From related orgs
    $115,000
    Other
    $0
    Hours/week
    0

  • JOHN MUNGOVAN MD

    TRUSTEE (UNTIL 12/2024)

    Total calculated
    $15,400
    From this org
    $0
    From related orgs
    $15,400
    Other
    $0
    Hours/week
    1.5 + 14 related

  • ANIL SHUKLA

    TRUSTEE (AS OF 1/2025)

    Total calculated
    $7,100
    From this org
    $0
    From related orgs
    $7,100
    Other
    $0
    Hours/week
    1.5 + 11 related

  • SALMAN BASHIR MD

    TRUSTEE

    Total calculated
    $1,200
    From this org
    $0
    From related orgs
    $1,200
    Other
    $0
    Hours/week
    1.5 + 5.5 related

  • JUDGE PHILLIP RAPOZA

    TRUSTEE (AS OF 1/2025)

    Total calculated
    $0
    Hours/week
    1.5 + 3 related

  • CARMEN SYLVESTER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.5 + 6.5 related

  • CHRISTOPHER HODGSON

    CLERK

    Total calculated
    $0
    Hours/week
    2.5 + 6.5 related

  • DONALD GIUMETTI

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5 + 12.5 related

  • DENNIS FUSCO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 4.5 related

  • JASON RUA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 8 related

  • ELIZABETH HUIDEKOPER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 7 related

  • HELENA DASILVA HUGHES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 3 related

  • W HUGH MORTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 3 related

  • JONATHAN L ROUNDS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 3 related

  • JAY S SCHACHNE MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 4.5 related

  • LOUIS CABRAL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.5 + 7 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $260,531
    Expenses
    $414,436
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $203,248
    Expenses
    $297,051
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $134,122
    Expenses
    $138,808
    Contributions
    $0
    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.

Other returns filed

  • 2021 · 990

    Revenue
    $183,458
    Expenses
    $69,724
    Assets (EOY)
    $4,187,296

  • 2020 · 990

    Revenue
    $257,777
    Expenses
    $88,958
    Assets (EOY)
    $4,074,924

  • 2019 · 990

    Revenue
    $269,837
    Expenses
    $100,853
    Assets (EOY)
    $3,907,169

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

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

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SOUNK.

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 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.