2022-08-12T18:41:17-05:00 2021-09-30 221478099 COHNREZNICK LLP 10 FORBES ROAD SUITE 200 BRAINTREE MA 02184 990 2020-10-01 042777916 TIN CAN SAILORS INC TINC 5086770515 PO BOX 100 SOMERSET MA 02726 JACOB VAUGHT EXECUTIVE DIRECTOR 5086770515 2022-08-12 1 JACOB VAUGHT 999009999 JOLANTA TUCK CPA P01340068 7813803520 2022-08-12 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JACOB VAUGHT PO BOX 100 SOMERSET MA 02726 591884 0 X WWW.DESTROYERS.ORG X 1982 MA ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO RESTORE OR IMPROVE DESTROYERS WITH MUSEUM STATUS AND TO EDUCATE THE PUBLIC ABOUT THE NAVY. 7 6 10 10 4555 0 557163 531046 6132 7135 11763 5845 16118 20076 591176 564102 78737 75347 0 0 272118 261058 0 0 28891 206987 210651 557842 547056 33334 17046 789447 781425 120374 95306 669073 686119 TO RESTORE OR IMPROVE DESTROYERS WITH MUSEUM STATUS AND TO EDUCATE THE PUBLIC ABOUT THE NAVY. 0 0 75347 75347 GRANTS WERE GIVEN TO MAINTAIN, RESTORE OR IMPROVE DESTROYERS WITH MUSEUM STATUS 306670 22656 BULL SESSIONS, ANNUAL CONVENTIONS AND QUARTERLY MAGAZINE ENCOURAGE COMARADERIE AMONG PAST & PRESENT DESTROYER MEN AND ENHANCE THEIR KNOWLEDGE & SUPPORT OF THE U.S. NAVY 382017 1 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X TERRY MILLER 5086770515 1077 COUNTY STREET SOMERSET MA 02726 TERRY MILLER EXECUTIVE DIRECTOR 30.00 X X 41971 0 684 ED TAICSICH DIRECTOR 1.20 X 0 0 0 ROGER NOVAK DIRECTOR 0.80 X 0 0 0 JAMES HOFFMAN DIRECTOR 0.40 X 0 0 0 MORGAN LITTLE PRESIDENT 38.50 X X 0 0 0 KENNETH MILLETT TREASURER/CLERK 1.40 X X 0 0 0 DELBERT KRAUSE VICE PRESIDENT 0.70 X X 0 0 0 41971 0 684 0 0 0 0 0 339508 191538 531046 MAGAZINE 511110 7135 2580 4555 7135 5845 5845 47858 27782 20076 20076 564102 22656 4555 5845 75347 75347 46257 29766 14050 2441 178036 114542 54102 9392 2787 1816 822 149 16358 10656 4825 877 17620 11370 5314 936 540 540 9565 9565 68455 32753 20606 15096 56577 37884 18693 1412 1412 10729 7184 3545 8093 5419 2674 MAGAZINE 54257 54257 NATIONAL REUNION 1023 1023 547056 382017 136148 28891 4785 10502 328069 328824 70 70 67599 58597 7593 1994 232682 174618 61052 58064 320279 323374 789447 781425 22166 15058 98208 80248 120374 95306 X 527772 615481 141301 70638 669073 686119 789447 781425 17046 0 X 0 1 X 1 0 X 533209 559443 511765 557163 531046 2692626 533209 559443 511765 557163 531046 2692626 2692626 4649 5780 12643 11763 5845 40680 2673 3707 6380 3712 2706 6725 168 2580 15891 2755577 717075 0.97720 0.98040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NEWSLETTER/MAGAZINE - 2016 AMOUNT: $ 3,712. 2017 AMOUNT: $ 2,706. 2018 AMOUNT: $ 6,725. 2019 AMOUNT: $ 168. 2020 AMOUNT: $ 2,580. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 182987 140289 42698 49695 34329 15366 58064 CERTIFICATE OF DEPOSIT 323374 F 323374 564102 0 564102 0 564102 547056 0 547056 0 547056 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ORGANIZATION'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLETION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: THE ORGANIZATION'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, OBJECTS OF ART AND DOCUMENTS THAT ARE HELD FOR THEIR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. THESE ARE ARTIFACTS FROM DESTROYERS AND OTHER VESSELS, LETTERS AND OTHER PIECES OF NAVAL AND MARITIME HISTORY. THE ORGANIZATION ALSO HOUSES A LIBRARY, WHICH CONTAINS DOCUMENTS AND PHOTOGRAPHS ON THE HISTORY OF DESTROYERS THROUGHOUT THE WORLD. THE ORGANIZATION'S POLICIES FOR STEWARDSHIP OF COLLECTIONS ARE INFORMAL. 1 LOUSIANA NAVAL WAR MEMORIAL (USS KIDD) 305 SOUTH RIVER ROAD BATON ROUGE LA 70802 720894382 501(C)3 10000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS USS MASSACHUSETTS MEMORIAL COMMITTEE BATTLESHIP COVE FALL RIVER MA 02721 042377049 501(C)3 10000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS USS YORKTOWN FOUNDATION (USS LAFFEY) 40 PATRIOTS POINT ROAD MOUNT PLEASANT SC 29464 461892486 501(C)3 10000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS DESTROYER ESCORT HISTORICAL MUSEUM (USS SLATER) PO BOX 1926 ALBANY NY 12201 141836568 501(C)3 10000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS SAGINAW VALLEY NAVAL SHIP MUSEUM 3727 WILDER ROAD SUITE B BAY CITY MI 48706 383337711 501(C)3 10000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS CAVALLA HISTORICAL FOUNDATION 6341 STEWART RD 249 GALVESTON TX 77551 760617618 501(C)3 10000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS HISTORICAL NAVAL SHIPS ASSOCIATION 118 MARYLAND AVE ANNAPOLIS MD 21402 521690891 501(C)3 5000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS FRIENDS OF THE USS CASSIN YOUNG PO BOX 134 WOBURN MA 01801 463741303 501(C)3 7000 GRANT PROGRAM FOR DESTROYERS IN MUSEUM STATUS 8 PART I, LINE 2: A LETTER AND A GRANT APPLICATION ARE SENT TO DESTROYER AND DESTROYER ESCORT MUSEUM SHIPS. THE APPLICATION HAS THE RULES AND REQUIREMENTS OF THE GRANT. SHIPS THAT HAVE RECEIVED A GRANT IN THE PREVIOUS YEAR MUST FILL OUT A UTILIZATION FORM AND SUBMIT PHOTOS AND RECEIPTS FOR THE PREVIOUS YEAR'S GRANT BEFORE THEY CAN RECEIVE A GRANT FOR THE CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THROUGHOUT THE YEAR, THE BOARD AND STAFF REVIEW TRANSACTIONS TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION IS IN THE PROCESS OF ADOPTING A POLICY WHERE THE CONFLICT OF INTEREST POLICY IS REVIEWED AND EXPLAINED TO EACH MEMBER OF THE BOARD OF DIRECTORS AND EACH STAFF MEMBER. ANNUALLY EACH MEMBER WILL INDICATE WITH A SIGNATURE THAT THEY UNDERSTAND AND WILL COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 ALL FORMS ARE AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG