2021-11-12T20:16:43-06:00 2020-12-31 421539623 KMH LLP 1003 BISHOP STREET SUITE 2400 HONOLULU HI 96813 990 2020-01-01 990310903 USS MISSOURI MEMORIAL ASSOCIATION INC USSM 8084232263 POST OFFICE BOX 879 AIEA HI 96701 THOMAS E MANUEL VICE PRESIDENT & CFO 8084232263 2021-11-12 1 THOMAS MANUEL 999009999 DEANNA C AWA P00647777 8085262255 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL A CARR POST OFFICE BOX 879 AIEA HI 96701 11408925 0 X WWW.USSMISSOURI.ORG X 1994 HI THE USS MISSOURI MEMORIAL ASSOCIATION IS DEDICATED TO PRESERVING THE BATTLESHIP MISSOURI AND SHARING HER STORY AND PLACE IN HISTORY. 15 14 151 2110 0 0 691525 3133810 13944811 3197528 287861 473350 1202368 262157 16126565 7066845 0 0 0 0 7727228 6678276 0 0 39398 7658459 5008056 15385687 11686332 740878 -4619487 45800580 46657589 4560447 8570682 41240133 38086907 X THE USS MISSOURI MEMORIAL ASSOCIATION IS DEDICATED TO PRESERVING THE BATTLESHIP MISSOURI AND SHARING HER STORY AND PLACE IN HISTORY. 0 0 10032009 3197528 WHAT BEGAN IN 1994 AS A PROJECT FOR HAWAII'S CIVIC LEADERS, TRANSITIONED INTO THE USS MISSOURI MEMORIAL ASSOCIATION. THE BOARD OF DIRECTORS ASSUMED LONG-TERM RESPONSIBILITY FOR THE RETIRED USS MISSOURI (BB-63) WHICH OPENED TO THE PUBLIC ON JANUARY 29, 1999 AND HAS SINCE ATTRACTED OVER 8.5 MILLION VISITORS FROM AROUND THE WORLD. THE ASSOCIATION FOCUSES ON THREE CORE STRATEGIC AREAS: PRESERVATION AND RESTORATION, EDUCATION, AND COMMUNITY OUTREACH. RECOGNIZED AS ONE OF THE STATE'S TOP FIVE PAID VISITOR DESTINATIONS, THE BATTLESHIP MISSOURI MEMORIAL IS A SIGNIFICANT CONTRIBUTOR TO THE ECONOMIC VITALITY OF HAWAII'S VISITOR INDUSTRY, THE LARGEST DRIVER OF THE STATE'S GDP. BEYOND PRESERVATION OF THE SHIP, THE ASSOCIATION LOOKS TOWARD ENHANCED EDUCATIONAL PROGRAMMING AND PIER UPGRADES TO SUSTAIN A WORLD-CLASS VISITOR EXPERIENCE THAT IS COMPELLING AND RELEVANT. IN MARCH 2017, THE ASSOCIATION AND THE U.S. NAVY ENTERED INTO A 25-YEAR LEASE ENSURING A PERMANENT HOME IN PEARL HARBOR FOR THE BATTLESHIP MISSOURI. WITH THE LEASE IN PLACE, THE ASSOCIATION FINALLY HAS THE OPPORTUNITY TO REALIZE THE LONG-HELD VISION TO MAKE THE BATTLESHIP MISSOURI MEMORIAL THE FINEST HISTORIC SHIP ATTRACTION IN THE WORLD. 10032009 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 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 1 X 24 0 1 151 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X X THOMAS E MANUEL 8084231157 63 COWPENS ST HONOLULU HI 96818 MICHAEL A CARR PRESIDENT & CEO 40.00 X X 223004 0 28629 STEVE COLON CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 CARLETON WILLIAMS TREASURER 5.00 X X 0 0 0 BONNIE FONG DIRECTOR 5.00 X 0 0 0 MICHAEL CHUN DIRECTOR 5.00 X 0 0 0 MURRAY CLAY DIRECTOR 5.00 X 0 0 0 REVELL NEWTON DIRECTOR 5.00 X 0 0 0 MIKE VITALE DIRECTOR 5.00 X 0 0 0 ROBERT BRUHL DIRECTOR 5.00 X 0 0 0 ALMA GROCKI DIRECTOR 5.00 X 0 0 0 DOUG JOHNSTONE DIRECTOR 5.00 X 0 0 0 JUDY Y LEE DIRECTOR 5.00 X 0 0 0 MARK POLIVKA DIRECTOR 5.00 X 0 0 0 VIC ANGOCO DIRECTOR 5.00 X 0 0 0 PETE GUMATAOTAO DIRECTOR 5.00 X 0 0 0 JAMES STONE VICE PRESIDENT 40.00 X 98577 0 922 THOMAS E MANUEL VICE PRESIDENT 40.00 X 118198 0 11993 PAUL DYSON VICE PRESIDENT 40.00 X 136484 0 20411 MIKE VAN WOERKOM ENVIRONMENTAL DIRECTOR 40.00 X 112109 0 16459 688372 0 78414 4 0 1 0 CONSTRUCTORS HAWAII INC 1728 KAHAI ST HONOLULU HI 96819 RENOVATION OF BUILDING 3430369 PACIFIC SHIPYARDS INTERNATIONAL PO BOX 31328 HONOLULU HI 96820 SHIP REPAIR WORK 955658 ROBERT'S HAWAII TOURS INC 444 NIU ST SUITE 300 HONOLULU HI 96815 VISITOR TRANSPORTATION 664593 SERVICE SYSTEMS ASSOCIATES INC 4624 CENTRAL PARK BLVD 100 DENVER CO 802382328 TICKET SALES 355255 GROUP DELPHI 12915 STONEBRIDGE ROAD ROANOKE IN 46783 EQUIPMENT FOR CURATORIAL DEPT 178574 5 3133810 3133810 ADMISSION RECEIPTS 713990 2831116 2831116 EDUCATIONAL EVENTS 713990 297841 297841 MUSEUM SNACKBAR 722210 68571 68571 3197528 255001 255001 108432 108432 153725 0 153725 153725 153725 4560429 4342080 218349 218349 218349 7066845 3197528 0 735507 638218 382210 256008 4378445 3596517 781928 1061290 841712 219578 600323 476118 124205 62185 62185 29768 29768 133743 87531 46212 192638 192638 34009 13426 20583 4893 4893 368907 340689 28218 5362 5362 1304 1304 2555990 2555990 300285 281551 18734 SHIP OPERATIONS 396464 396464 TICKETING/RESERVATIONS 358961 358961 OTHER EXPENSES 282500 199475 83025 GROUND TRANSPORTATION 228610 228610 52437 13039 39398 11686332 10032009 1614925 39398 752339 170243 2135374 632740 379478 295707 47308394 18683456 26670678 28624938 14910653 16850200 952058 83761 45800580 46657589 3608389 1486921 952058 83761 0 7000000 4560447 8570682 X 41019105 38050023 221028 36884 41240133 38086907 45800580 46657589 -4619487 1466261 0 X X 0 1 X 1 0 X 1065339 130810 242007 691525 3133810 5263491 13054258 13328824 13803890 13944811 3197528 57329311 14119597 13459634 14045897 14636336 6331338 62592802 624559 19825 23000 30150 889040 1586574 0 624559 19825 23000 30150 889040 1586574 61006228 1425620 1621793 1589261 1483299 517158 6637131 1425620 1621793 1589261 1483299 517158 6637131 15545217 15081427 15635158 16119635 6848496 69229933 0.88120 0.89060 0.09590 0.09990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32469670 X X 0 0 1 X 14838724 6159043 8679681 32469670 12524413 19945257 28624938 X 8533106 1466261 1466261 7066845 0 7066845 11686332 0 11686332 0 11686332 PART III, LINE 4: THE ORGANIZATION'S COLLECTION OF HISTORICAL TREASURES INCLUDES THE USS MISSOURI SHIP AND OTHER HISTORICAL ARTIFACTS. THE USS MISSOURI SHIP FURTHERS THE ORGANIZATION'S EXEMPT PURPOSE BY PROVIDING A NATIONAL MEMORIAL COMMEMORATING THE END OF HOSTILITIES IN WORLD WAR II. THE SHIP IS ON PUBLIC EXHIBITION. PART IV, LINE 2B: EFFECTIVE SEPTEMBER 1, 2019, THE ASSOCIATION AND THE 75TH WWII COMMEMORATION COMMITTEE HAWAII (THE COMMITTEE), SOLICITED DONORS AND CONTRIBUTIONS FOR THE COMMEMORATION OF THE 75TH ANNIVERSARY OF THE END OF WORLD WAR II (THE WWII COMMEMORATION). THE ACTIVITIES, PROGRAMS AND EVENTS ASSOCIATED WITH THE WWII COMMEMORATION ARE THE RESPONSIBILITY OF THE COMMITTEE. THE ASSOCIAITON IS RESPONSIBLE TO COLLECT ALL DONATIONS AND CONTRIBUTIONS RELATED TO THE WWII COMMEMORATION AND TO DISBURSE APPROVED EXPENDITURES. THE ASSOCIATION HAS RECORDED THESE FUNDS AS CUSTODIAL FUNDS AND LIABILITY FOR CUSTODIAL FUNDS. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) IS SUBJECT TO FEDERAL INCOME TAX. THE ASSOCIATION IS ALSO EXEMPT UNDER HAWAII REVISED STATUTES ON INCOME RELATED TO ITS EXEMPT PURPOSE. NO UNRELATED BUSINESS INCOME TAXES WERE INCURRED DURING 2020 OR 2019. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAS MAINTAINED ITS TAX EXEMPT STATUS AND HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. INTEREST AND PENALTIES, IF ANY, ARE RECOGNIZED IN MANAGEMENT AND GENERAL EXPENSE. X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL A CARR PRESIDENT & CEO 209924 0 10000 0 3080 0 1400 0 27229 0 251633 0 0 0 PAUL DYSON VICE PRESIDENT 135276 0 0 0 1208 0 3112 0 17299 0 156895 0 0 0 FORM 990, PART V: QUESTIONS 7G AND 7H ARE NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, THEY HAVE BEEN MARKED NO. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER EMAILS A COPY OF THE FORM 990 TO THE CFO FOR REVIEW. THE CFO, THE PRESIDENT, AND THE ASSOCIATION'S TREASURER REVIEW THE FORM AND THE FORM IS THEN PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO THE FILING OF THE FINAL VERSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REVIEWING THE DISCLOSURE DOCUMENTS ANNUALLY AT A BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED TO DETERMINE THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL INCLUDES REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE AND THE HUMAN RESOURCES COMMITTEE OF THE GOVERNING BODY. COMPARABILITY DATA IS OBTAINED FROM THE HAWAII EMPLOYERS COUNCIL. THE GOVERNING BODY MAINTAINS DOCUMENTATION AND RECORDKEEPING OF THE DELIBERATIONS DURING THE REVIEW PROCESS. FOR OTHER OFFICERS (VICE PRESIDENT & CFO, VICE PRESIDENT & CHIEF OPERATING OFFICER, AND VICE PRESIDENT OF FACILITIES AND ENGINEERING) THE PROCESS USED IN 2020 TO DETERMINE COMPENSATION INCLUDED PERFORMANCE REVIEWS PERFORMED BY THE PRESIDENT & CEO AND REVIEW AND APPROVAL OF SALARY RECOMMENDATIONS BY THE HUMAN RESOURCES COMMITTEE OF THE GOVERNING BODY. COMPARABILITY DATA IS OBTAINED FROM THE HAWAII EMPLOYERS COUNCIL. THE HUMAN RESOURCES COMMITTEE MAINTAINS DOCUMENTATION AND RECORDKEEPING OF THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION THE FORM 990 IS ALSO AVAILABLE ON THE ASSOCIATION'S WEBSITE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VIII, LINE 1F: THE CARES ACT, WHICH WAS ENACTED ON MARCH 27, 2020, PROVIDED FOR FISCAL RELIEF IN 2020 FOR ENTITIES IMPACTED BY THE CORONAVIRUS PANDEMIC. IN APRIL 2020, THE ASSOCIATION APPLIED FOR AND RECEIVED A $1,434,200 PAYCHECK PROTECTION PROGRAM (PPP) LOAN FROM A BANK. THE U.S. SMALL BUSINESS ADMINISTRATION (SBA) ESTABLISHED THE PPP LOAN PROGRAM UNDER THE CARES ACT TO FUND AN ENTITY'S PAYROLL AND OTHER APPLICABLE COSTS. ALL OR A PORTION OF THE LOAN, WHICH MATURES TWO YEARS FROM THE DATE OF FUNDING AND BEARS INTEREST AT 1%, MAY BE FORGIVEN IF THE ASSOCIATION MEETS THE COMPLIANCE REQUIREMENTS ESTABLISHED BY THE SBA AND OTHER FEDERAL AGENCIES. MANAGEMENT CONCLUDED THAT, AS OF DECEMBER 31, 2020, THE ASSOCIATION HAD MET THE COMPLIANCE REQUIREMENTS ESTABLISHED BY THE SBA AND OTHER FEDERAL AGENCIES AND, ACCORDINGLY, RECOGNIZED THE SBA PPP LOAN AS CARES ACT FEDERAL ASSISTANCE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THAT CONCLUSION WAS CONFIRMED WITH THE FORGIVENESS OF THE PPP LOAN BY THE SBA ON MARCH 1, 2021.