2023-05-09T07:01:12-05:00 2022-12-31 540504608 BROWN EDWARDS & COMPANY LLP 701 TOWN CENTER DRIVE NEWPORT NEWS VA 23606 990 2022-01-01 311801931 COAST GUARD MUTUAL ASSISTANCE COAS 7035767529 1005 N GLEBE ROAD 220 ARLINGTON VA 222015792 CARI THOMAS CHIEF EXECUTIVE OFFICER 7035767529 2023-05-02 1 CARI THOMAS 999009999 0 LESLIE F ROBERTS P00040492 7578731033 2023-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARI THOMAS 1005 N GLEBE ROAD 220 ARLINGTON VA 222015792 53574851 0 X WWW.CGMAHQ.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. 22 22 12 595 0 0 4402726 6439276 0 0 2869047 1522930 20684 40508 7292457 8002714 3369804 2453584 0 0 1259313 1465292 19693 5142 695959 1158879 964434 5807689 4888452 1484768 3114262 53600951 49735264 189811 647509 53411140 49087755 X SERVING AS THE OFFICIAL AID SOCIETY FOR THE UNITED STATES COAST GUARD, CGMA'S MISSION IS TO ENABLE FINANCIAL RESILIENCY WITHIN THE COAST GUARD COMMUNITY. EACH OF CGMA'S GRANT AND INTEREST-FREE LOAN PROGRAMS ARE PURPOSEFULLY DESIGNED TO ENSURE THAT SHORT TERM "SEE SCHEDULE O" FINANCIAL CHALLENGES DO NOT BECOME CHRONIC FINANCIAL PROBLEMS. 0 0 2083572 1539284 DISASTER AND EMERGENCIES - CGMA PROVIDES WHAT IS NOT COVERED BY INSURANCE AFTER A DISASTER, EMERGENCY TRAVEL, UNEXPECTED REPAIRS TO HOMES OR VEHICLES, LOSSES (FUNDS, PROPERTY, OR IDENTITY), PAY ISSUES, 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. $2,153,814 IN INTEREST-FREE LOANS IS NOT ACCOUNTED FOR IN THIS LINE ITEM. 713499 614052 EDUCATION - CGMA FOSTERS OUR CLIENTS' LONG-TERM FINANCIAL WELL-BEING THROUGH EDUCATION, INCLUDING SUPPLEMENTAL EDUCATION GRANTS FOR BOOKS, FEES, AND OTHER EDUCATION EXPENSES, EDUCATION LOANS, STAFFORD LOAN FEE REIMBURSEMENT, FINANCIAL COUNSELING, TUTORING, AND OTHER EFFORTS DESIGNED TO PROMOTE LONG-TERM FINANCIAL RESILIENCE. $150,575 IN INTEREST-FREE LOANS IS NOT ACCOUNTED FOR IN THIS LINE ITEM. 650244 300248 FAMILY AND DAY-TO-DAY SUPPORT- CGMA PROVIDES HELP FOR UNEXPECTED MEDICAL AND DENTAL EXPENSES, HOUSING ASSISTANCE (RENTAL ASSISTANCE, CLOSING COSTS, DEPOSITS, ETC.), FUNERAL COSTS, SERVICE ANIMALS, PET EXPENSES, COSTS TO SUPPORT EXCEPTIONAL FAMILY MEMBERS (SPECIAL NEEDS), FAMILY BUILDING SUPPORT, RESPITE CARE, LAYETTES, AND OTHER SUPPORT TO ENSURE COAST GUARD FAMILIES THRIVE. $1,994,682 IN INTEREST-FREE LOANS IS NOT ACCOUNTED FOR IN THIS LINE ITEM. 3447315 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 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 BRIAN K PENOYER 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 CHARLIE F SALLS BOARD MEMBER 1.00 X 0 0 0 EVA VAN CAMP BOARD MEMBER 1.00 X 0 0 0 JOHN-ANDREW MINNITI BOARD MEMBER 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 ERIC S SILVOY 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 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 1.00 X 0 0 0 CHRISTOPHER MACK BOARD MEMBER 1.00 X 0 0 0 AMANDA MORALES 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 1.00 X 0 0 0 KARL L SCHULTZ CHAIRMAN (TERM ENDED) 1.00 X 0 0 0 JOANNA M NUNAN PRESIDENT (TERM ENDED) 1.00 X 0 0 0 CHARLES R BUSHEY BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 ANTHONY F GIACCONE BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 MORGAN T HOLDEN BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 MEGAN K LONG BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 DANIEL J MCQUATE BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 JASON M VANDERHADEN BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 LINDSEY A COLE BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 PATRICK R PANNELLA BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 KRISTEN K VLAUN BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 JERRY ENGELMAN BOARD MEMBER (TERM ENDED) 1.00 X 0 0 0 CARI THOMAS CHIEF EXECUTIVE OFFICER 40.00 X 175016 0 13252 SARA MARTIN CHIEF FINANCIAL OFFICER 40.00 X 134440 0 48985 SEAN FENNELL CHIEF OPERATIONS OFFICER 40.00 X 140640 0 4428 ALENA HOWARD CHIEF DEVELOPMENT OFFICER 40.00 X 131240 0 7772 581336 0 74437 4 0 1 0 0 20962 6418314 6439276 410419 410419 46508088 45395577 1112511 1112511 1112511 190560 20962 176560 14000 14000 COLLECTION AGENCY REPAYMENTS 900099 16390 16390 MISCELLANEOUS 900099 10118 10118 26508 8002714 0 0 1563438 2453584 2453584 581336 284854 156961 139521 581852 285108 157100 139644 43326 21230 11698 10398 172233 84394 46503 41336 86545 42407 23367 20771 94 94 23944 23944 5142 5142 124505 124505 80856 28151 30629 22076 212773 5934 32581 174258 72511 12983 40306 19222 94233 60494 16260 17479 128960 63312 34755 30893 22001 9935 5234 6832 32971 950 11887 20134 15557 10427 2798 2332 13326 12038 1288 UNCOLLECTABLE LOANS 72678 72678 TEMPORARY LABOR 39260 2700 1488 35072 OTHER EXPENSES 15329 2986 11230 1113 STATE REGISTRATIONS 10248 1800 8448 5188 5188 4888452 3447315 745178 695959 575278 770982 478924 409897 717363 103335 2842446 3773238 7024 10331 1282707 1254233 11907 28474 47532729 43067129 1435280 1571878 53600951 49735264 112260 196166 77551 451343 189811 647509 X 36227630 32652174 17183510 16435581 53411140 49087755 53600951 49735264 3114262 -7437647 0 X X 0 1 X 1 0 X 2749293 3291215 2827868 4402726 6439276 19710378 2749293 3291215 2827868 4402726 6439276 19710378 3938301 15772077 548448 880870 591320 743462 410419 3174519 23426 14253 10824 9338 26508 84349 22969246 0.68670 0.77840 X SCHEDULE A, PART II, LINE 10 INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 869272 147261 16533 1000000 1000000 -130728 90170 869272 38151 28373 9778 1244556 1225860 18696 28474 LEASE LIABILITY 451343 451343 435374 -7437647 -7437647 7873021 124505 5188 129693 8002714 4758759 0 4758759 124505 5188 129693 4888452 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 5,188. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLECTION COMMISSION 5,188. GOLF TOURNAMENT 211522 20962 190560 12885 1532 53513 37978 70652 211522 20962 190560 12885 1532 53513 37978 70652 176560 14000 1 DISASTER AND EMERGENCY GRANTS 1218 1539284 EDUCATION GRANTS 1117 614052 FAMILY SUPPORT GRANTS 630 300248 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 CARI THOMAS CHIEF EXECUTIVE OFFICER 170016 0 5000 0 0 0 8501 0 4751 0 188268 0 0 0 SARA MARTIN CHIEF FINANCIAL OFFICER 130440 0 4000 0 0 0 6522 0 42463 0 183425 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.