500 Sails

Fiscal year ending 2024. Filed on October 7, 2025.

PO Box 10001 Pmb326
Saipan, Northern Mariana Islands 96950

500 Sails (EIN: 66-0821204) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2024 IRS Form 990 filing, 500 Sails, a 501(c)(3) charitable organization, reported compensation for 1 out of 19 total employees. Among the employees shown here, the average compensation is $61,475. The highest compensated employee at 500 Sails is Milton J Coleman with fiscal year 2024 compensation of $61,475.

Revenue, expenses, and employee compensation

Revenue

$125,662

Expenses

$502,665

Employee compensation

$234,001
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

October 7, 2025:
2024 500 Sails 990 filed
November 14, 2024:
2023 500 Sails 990 filed
November 6, 2024:
2022 500 Sails 990 filed

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