2025-04-08T17:04:39-05:00 2024-12-31 540504608 BROWN EDWARDS & COMPANY LLP 701 TOWN CENTER DRIVE SUITE 700 NEWPORT NEWS VA 23606 990 2024-01-01 311801931 COAST GUARD MUTUAL ASSISTANCE COAS 7035767529 1005 N GLEBE ROAD 220 ARLINGTON VA 222015792 BROOKE MILLARD CHIEF EXECUTIVE OFFICER 7035767529 2025-03-24 1 0 LESLIE F ROBERTS P00040492 7578731033 2025-03-24 2024 2025-03-06 01:10:19Z BROOKE MILLARD 1005 N GLEBE ROAD 220 ARLINGTON VA 222015792 27714481 0 X WWW.MYCGMA.ORG X 1924 VA TO PROMOTE THE FINANCIAL RESILIENCE OF THE COAST GUARD COMMUNITY, SUPPORTING "SEE SCHEDULE O" MEMBERS IN NEED THROUGH GRANTS AND INTEREST-FREE LOANS. 25 24 14 722 0 0 6325532 3590770 0 0 3206406 2319700 47210 -7336 9579148 5903134 5090567 2955674 0 0 1717172 1882199 25538 32846 971831 1261500 1258443 8094777 6129162 1484371 -226028 52893803 55410830 600262 344007 52293541 55066823 THE OFFICIAL AID SOCIETY FOR THE U.S. COAST GUARD, CGMA EMPOWERS FINANCIAL RESILIENCE FOR THE COAST GUARD COMMUNITY. THROUGH TAILORED GRANT AND INTEREST-FREE LOAN PROGRAMS, CGMA PROVIDES CRITICAL SUPPORT THAT TURNS TODAY'S FINANCIAL CHALLENGE INTO TOMORROW'S STABILITY. 0 0 1803141 1239657 DISASTER AND EMERGENCIES - CGMA SUPPORTS UNANTICIPATED EXPENSES NOT COVERED BY INSURANCE POST-DISASTER. IN ADDITION, CGMA FUNDS EMERGENCY TRAVEL AND UNEXPECTED REPAIRS TO HOMES OR VEHICLES. CGMA COVERS LOSSES (FUNDS, PROPERTY, OR IDENTITY) AS WELL AS GAPS WHEN PAY ISSUES ARISE. CGMA SUPPORTS BILLS AND EXPENSES, PRIVATION, SUPPORT TO DOMESTIC VIOLENCE SURVIVORS, AND OTHER DIRE CIRCUMSTANCES. THESE SHORT-TERM SITUATIONS ARE OUT OF THE CONTROL OF OUR CLIENTS, POSE A SERIOUS FINANCIAL OR PERSONAL HARDSHIP, AND REQUIRE URGENT HELP. CGMA IS THE COAST GUARD'S GO-TO RESOURCE IN TIMES OF NEED. $2,762,313 IN INTEREST-FREE LOANS IS NOT ACCOUNTED FOR IN THIS LINE ITEM. 1724620 1467182 EDUCATION - CGMA FOSTERS OUR CLIENTS' LONG-TERM FINANCIAL WELL-BEING THROUGH SUPPORTING THEIR EDUCATIONAL ENDEAVORS. WE MAKE HIGHER EDUCATION POSSIBLE THROUGH VARIOUS INITIATIVES INCLUDING GRANTS FOR BOOKS, FEES, AND OTHER RELATED EXPENSES. CGMA PROVIDES TUTORING SERVICES, FINANCIAL COUNSELING, STAFFORD LOAN FEE REIMBURSEMENT AS WELL AS LOANS FOR EDUCATION AND PROFESSIONAL DEVELOPMENT PURSUITS. $341,811 IN INTEREST-FREE LOANS IS NOT ACCOUNTED FOR IN THIS LINE ITEM. 648542 248835 FAMILY AND DAY-TO-DAY SUPPORT- CGMA RECOGNIZES THE BURDEN COASTIES FACE MOVING FREQUENTLY AND BETWEEN HIGH-COST AREAS. CGMA PROVIDES LOANS AND GRANTS TO SUPPORT RENTAL ASSISTANCE, CLOSING COSTS, SECURITY DEPOSITS, PCS/ MOVING INCIDENTALS, ETC. CGMA SUPPORTS UNEXPECTED MEDICAL AND DENTAL EXPENSES, ELDER CARE, COSTS TO SUPPORT FAMILY MEMBERS WITH SPECIAL NEEDS, RESPITE CARE, AND FAMILY BUILDING SUPPORT. CGMA HELPS THOSE INDEBTED PAY OFF BILLS RESPONSIBLY. CGMA ALSO SUPPORTS FUNERAL COSTS AND PET EXPENSES, AMONG OTHERS. $2,530,063 IN INTEREST-FREE LOANS IS NOT ACCOUNTED FOR IN THIS LINE ITEM. 4176303 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 7035767529 1005 N GLEBE ROAD NO 220 ARLINGTON VA 222015792 LINDA L FAGAN CHAIRMAN 1.00 X X 0 0 0 JOE RAYMOND PRESIDENT 1.00 X X 0 0 0 JOHN C BAKER VICE PRESIDENT 1.00 X X 0 0 0 MIKE PHILIPPS TREASURER 1.00 X X 0 0 0 HEATH B JONES BOARD MEMBER 1.00 X 0 0 0 BROOKE MILLARD CHIEF EXECUTIVE OFFICER 40.00 X X 61699 0 128 EVA VAN CAMP BOARD MEMBER 1.00 X 0 0 0 JOHN-ANDREW MINNITI BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 EMILY TRUDEAU BOARD MEMBER 1.00 X 0 0 0 DARIEN MOYA BOARD MEMBER 1.00 X 0 0 0 TAYLOR A HART BOARD MEMBER 1.00 X 0 0 0 BENJAMIN N LIND BOARD MEMBER 1.00 X 0 0 0 PEDRO GONZALEZ SOTO BOARD MEMBER 1.00 X 0 0 0 PATRICK PENNELLA BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 SHANNON RECK BOARD MEMBER 1.00 X 0 0 0 DANIEL TRIMBLE BOARD MEMBER 1.00 X 0 0 0 KENNETH WEBER BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 CHRISTOPHER MACK BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 ANTHONY W ALGER BOARD MEMBER 1.00 X 0 0 0 MARGARET PARKER BOARD MEMBER 1.00 X 0 0 0 LAZARO LOPEZ BOARD MEMBER 1.00 X 0 0 0 ANDREW STODDARD BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 WILLIAM P KELLY BOARD MEMBER 1.00 X 0 0 0 VICTORIA HALE BOARD MEMBER 1.00 X 0 0 0 LORRAINE GALVIS BOARD MEMBER 1.00 X 0 0 0 ANGELA JUDGE BOARD MEMBER 1.00 X 0 0 0 JAHMAL PEREIRA BOARD MEMBER 1.00 X 0 0 0 SARA ELIZABETH POUNDER BOARD MEMBER 1.00 X 0 0 0 KRISTOFER S WILSON BOARD MEMBER 1.00 X 0 0 0 REBECCA JEAN LIGTENBERG BOARD MEMBER 1.00 X 0 0 0 JASON WONG CHIEF OPERATIONS OFFICER 40.00 X 151548 0 15089 ALENA HOWARD CHIEF DEVELOPMENT OFFICER 40.00 X 149048 0 9158 MELLISSA BELL CHIEF FINANCIAL OFFICER 40.00 X 150048 0 26141 SARA L MARTIN CHIEF INFORMATION OFFICER 40.00 X 145392 0 53772 CARI THOMAS CHIEF EXECUTIVE OFFICER 40.00 X 122714 0 12470 780449 0 116758 5 1 1 0 0 X 104289 3486481 9626 3590770 1251323 1251323 22708256 21639879 1068377 1068377 1068377 108805 104289 171468 -62663 -62663 OTHER MISCELLANEOUS REVENUE 900099 50000 50000 COLLECTION AGENCY REPAYMENTS 900099 5327 5327 55327 5903134 0 0 2312364 2955674 2955674 184412 81252 58901 44259 1296143 571082 413987 311074 53757 23685 17170 12902 240091 105784 76685 57622 107796 47495 34430 25871 8754 8754 31647 31647 32846 32846 149993 149993 50330 28908 10991 10431 216277 318 939 215020 72535 10713 38318 23504 196746 102419 52396 41931 131953 58007 42277 31669 33583 5476 4752 23355 139065 22675 19678 96712 64129 41695 12958 9476 11687 1906 1654 8127 UNCOLLECTABLE LOANS 111014 111014 OTHER EXPENSES 38866 6336 5498 27032 COLLECTIONS COMMISSION 1864 1864 6129162 4176303 981028 971831 505697 610359 5397 736293 2030433 582867 4787704 5820928 6780 17960 2231426 1334090 184576 897336 43767238 45169326 1605978 1575761 52893803 55410830 268158 136237 332104 207770 600262 344007 X 33875974 38006099 18417567 17060724 52293541 55066823 52893803 55410830 -226028 2999310 0 X X 0 1 X 1 0 X 2827868 4402726 6439276 6325532 3590770 23586172 2827868 4402726 6439276 6325532 3590770 23586172 4393831 19192341 591320 743462 410419 1292437 1251323 4288961 10824 9338 26508 4718 55327 106715 27981848 0.68590 0.70190 X SCHEDULE A, PART II, LINE 10 INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38151 35670 2481 2193275 1298420 894855 897336 LEASE LIABILITY 207770 207770 8870587 2999310 120000 3119310 5751277 149993 1864 151857 5903134 6097305 120000 120000 5977305 149993 1864 151857 6129162 PART V, LINE 4: DURING 2020, THE ORGANIZATION DETERMINED THAT THESE FUNDS DO NOT CONSTITUTE A TRUE ENDOWMENT. THEREFORE, THEY ARE NOT REPORTED AS ENDOWMENT FUNDS FOR 2020 AND FUTURE YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLECTION COMMISSION 1,864. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLECTION COMMISSION 1,864. X 0 STELTER 10435 NEW YORK AVE DES MOINES IA 50322 FUNDRAISING FEE 0 0 32846 -32846 32846 -32846 GOLF TOURNAMENT 110944 9289 101655 17782 31852 19260 38802 SPECIAL EVENT 102150 95000 7150 44948 5790 13034 213094 104289 108805 17782 76800 25050 51836 171468 -62663 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PROFESSIONAL FUNDRAISING FEES 1 DISASTER AND EMERGENCY GRANTS 1246 1209850 EDUCATION GRANTS 3054 1467182 FAMILY SUPPORT GRANTS 620 278642 PART I, LINE 2: SEE CHAPTER 3 OF THE ORGANIZATION'S MANUAL LISTED ON ITS WEBSITE: WWW.CGMAHQ.ORG FOR PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. X X X 0 0 0 0 0 0 0 0 0 SARA L MARTIN CHIEF INFORMATION OFFICER 139392 0 6000 0 0 0 6970 0 46802 0 199164 0 0 0 MELLISSA BELL CHIEF FINANCIAL OFFICER 144048 0 6000 0 0 0 7202 0 18939 0 176189 0 0 0 JASON WONG CHIEF OPERATIONS OFFICER 144048 0 7500 0 0 0 5702 0 9387 0 166637 0 0 0 ALENA HOWARD CHIEF DEVELOPMENT OFFICER 144048 0 5000 0 0 0 7202 0 1956 0 158206 0 0 0 CARI THOMAS CHIEF EXECUTIVE OFFICER 122714 0 0 0 0 0 6136 0 6334 0 135184 0 0 0 BROOKE MILLARD CHIEF EXECUTIVE OFFICER 61699 0 0 0 0 0 0 0 128 0 61827 0 0 0 X 637 X ITEMS FOR GOLF TOURNAMENT -TOWELS, SWAG BAGS, COFFEE, DOOR PRIZES, ETC 10 8989 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE FILING FOR REVIEW, ALONG WITH THE AUDITED FINANCIALS. THE BOARD IS PROVIDED THE OPPORTUNITY TO ASK THE STAFF OR TAX PREPARER ANY QUESTIONS THAT THEY MIGHT HAVE. FORM 990, PART VI, SECTION B, LINE 12C NO ONE IN THE ORGANIZATION IS ALLOWED TO ISSUE A CHECK TO SOMEONE OF THE SAME APPROVAL AUTHORITY. AN ASSISTANT REPRESENTATIVE MUST GET APPROVAL FROM A REPRESENTATIVE, A REPRESENTATIVE MUST GET APPROVAL FROM THE CEO, AND THE CEO MUST GET APPROVAL FROM THE BOARD. IF BOARD MEMBERS HAD PERSONAL KNOWLEDGE ON AN INDIVIDUAL CLIENT THAT A DECISION WAS NEEDED ON, THEY WERE ASKED TO RECUSE THEMSELVES. LIKEWISE, DURING THE ELECTION PROCESS, RECUSAL WAS NEEDED TO AVOID ANY CONFLICT. NO CONFLICTS REGARDING BOARD MEMBER FINANCIAL HOLDINGS, INVESTMENTS OR UNIT OVERSIGHT WERE NOTED NOR ACTED UPON. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD ESTABLISHES THE SALARY OF THE CEO BASED ON PERFORMANCE, EXPERIENCE LEVEL AND THE EQUIVALENT GOVERNMENT PAY GRADES, OTHER MILITARY AID SOCIETY COUNTERPARTS, AND PRIVATE SECTOR PAY LEVELS FOR THE POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VIII, LINE 8 FUNDRAISING EXPENSES WERE UNUSUALLY HIGH IN 2024 DUE TO $110K TO CELEBRATE CGMA'S CENTENNIAL AND $60K FOR A PROMOTIONAL VIDEO THAT WILL BE USED OVER THE NEXT SEVERAL YEARS WHEN CAMPAIGNING FOR FUNDS. REMOVING THESE OUTLIERS RESULTS IN PERCENTAGES OF 71%, 15% AND 14%, FOR PROGRAM, GENERAL/ ADMINISTRATIVE, AND FUNDRAISING EXPENSES, RESPECTIVELY.