2015-11-09T14:51:15-06:00 2014-12-31 521446779 JOHNSON LAMBERT LLP 700 SPRING FOREST ROAD STE 115 RALEIGH NC 27609 990 2014-01-01 521104476 US NAVY MEMORIAL FOUNDATION USNA 2023800710 701 PENNSYLVANIA AVENUE NW NO 123 WASHINGTON DC 20004 VADM JOHN B TOTUSHEK USN RET PRESIDENT AND CEO 2023800710 2015-11-09 1 JOHN HUSKINS P01081531 9197196400 2015-11-09 2014 2016-04-25 22:37:26Z VADM JOHN B TOTUSHEK US 701 PENNSYLVANIA AVENUE NW NO 123 WASHINGTON DC 20004 6251349 0 X WWW.NAVYMEMORIAL.ORG X 1977 IL THE EDUCATION OF THE PUBLIC ABOUT U.S. NAVAL HERITAGE. 27 26 47 29 110984 93896 6144066 5041574 512835 543237 -5114 71463 -53563 15542 6598224 5671816 0 0 0 0 1433129 1308150 0 1354674 2350944 4100902 2835597 5534031 5498421 1064193 173395 3831462 3773597 1401121 1174584 2430341 2599013 X THE EDUCATION OF THE GENERAL PUBLIC REGARDING THE CULTURAL HERITAGE OF THE UNITED STATES AND THE CONTRIBUTIONS OF UNITED STATES NAVY, MARINE CORPS, COAST GUARD AND MERCHANT MARINE PERSONNEL TO THE CULTURAL HERITAGE. 0 0 1705181 321890 NAVAL HERITAGE SERVICES - HONORS, PRESERVES, AND CELEBRATES AMERICA'S ENDURING MARITIME HERITAGE THROUGH COMMEMORATIVE CEREMONIES, REUNION MEETINGS, REENLISTMENT AND RETIREMENT CEREMONIES, BAND CONCERTS, FILM AND VIDEO PRESENTATIONS, PHOTOGRAPHIC, AND DATA COLLECTIONS, SPECIAL EVENTS, AND EXHIBITS. 294074 221347 EDUCATE THE PUBLIC ABOUT THE HERITAGE OF THE UNITED STATES AS A MARITIME NATION AND THE CONTRIBUTIONS OF MEN AND WOMEN IN THE SEA SERVICES THROUGH EXHIBITS, FILM AND VIDEO PRESENTATIONS, LECTURES, TOURS, PUBLICATIONS, AND EVENTS. 266930 THE FOUNDATION HOSTS SEVERAL FUNDRAISING EVENTS THROUGHOUT THE YEAR TO SUPPORT ITS PROGRAM ACTIVITIES. THE EVENTS CARRIED OUT DURING 2014 WERE THE LONE SAILOR AWARDS DINNER AND GOLF TOURNAMENT. ADDITIONALLY, THE FOUNDATION HAS A ROBUST DIRECT MAILING AND CHARITABLE GIFT ANNUITY VENTURE. 303509 AUXILIARY ENTERPRISES INCLUDED SALES OF MEMORABILIA TO FURTHER EDUCATE THE PUBLIC REGARDING THE ROLE OF THE SEA SERVICES AND THE CONTRIBUTIONS OF THOSE WHO SERVED THE UNITED STATES IN THE SEA SERVICES.THE NAVY LOG HONORS THE SERVICE OF MEN AND WOMEN WHO HAVE SERVED IN THE UNITED STATES NAVY, MARINE CORPS, COAST GUARD, AND MERCHANT MARINE THROUGH THE MAINTENANCE OF A PERMANENT REGISTER RECORDING SERVICE INFORMATION, SERVICE MEMBERS' MEMORIES AND SERVICE MEMBERS' PHOTOGRAPHS. 303509 2569694 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 47 1 1 1 0 0 0 0 1 1 0 0 0 0 X 27 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X VADM JOHN B TOTUSHEK USN RET 2023800710 701 PENNSYLVANIA AVENUE NW NO 123 WASHINGTON DC 20004 JOHN B BURKE DIRECTOR 1.00 X 0 0 0 RADM JOHN D BUTLER USN RET DIRECTOR 1.00 X 0 0 0 MR BRIAN J COWAN DIRECTOR 1.00 X 0 0 0 JOANNE S CROWN DIRECTOR 1.00 X 0 0 0 CAPT D PATRICK CURRY USN RET DIRECTOR 1.00 X 0 0 0 MS MARTI DEGRAAF DIRECTOR 1.00 X 0 0 0 THEODORE L DYSART DIRECTOR 1.00 X 0 0 0 MCPON JAMES L HERDT USN RET DIRECTOR 1.00 X 0 0 0 CHARLES L HOPKINS III DIRECTOR 1.00 X 0 0 0 JEFFERY J KIBBEN DIRECTOR 1.00 X 0 0 0 THOMAS R KUHN DIRECTOR 1.00 X 0 0 0 DR J PHILLIP LONDON DIRECTOR 1.00 X 0 0 0 CAPT JOHN MANNING USN RET DIRECTOR 1.00 X 0 0 0 ROBERT E NASER DIRECTOR 1.00 X 0 0 0 CDR WILLIAM MICHAEL NEWELL SC USN DIRECTOR 1.00 X 0 0 0 RICHARD POIRIER DIRECTOR 1.00 X 0 0 0 VADM CAROL M POTTENGER USN RET DIRECTOR 1.00 X 0 0 0 DAVID P STORCH DIRECTOR 1.00 X 0 0 0 RADM WILLIAM THOMPSON USN RET DIRECTOR 1.00 X 0 0 0 VICTOR S TRIONE DIRECTOR 1.00 X 0 0 0 MR DERRICK M WAGLER DIRECTOR 1.00 X 0 0 0 CAPT ROBERT J JOYCE USN RET DIRECTOR THRU 9/2014 1.00 X 0 0 0 CAPT GARY G MAHLE USN RET DIRECTOR THRU 9/2014 1.00 X 0 0 0 JOSEPH T SMALL JR DIRECTOR THRU 12/2014 1.00 X 0 0 0 ADM JOHN C HARVEY JR USN RET CHAIRMAN 1.00 X X 0 0 0 RICHARD C VIE VICE CHAIRMAN 1.00 X X 0 0 0 JOHN P COSGROVE SECRETARY 1.00 X X 0 0 0 RADM EDWARD K WALKER JR SC USN TREASURER 1.00 X X 0 0 0 JONATHAN T MACK VICE PRESIDENT 1.00 X X 0 0 0 VADM JOHN B TOTUSHEK USN RET PRESIDENT & CEO 35.00 X X 165000 0 1344 CYNTHIA MCCALIP EXECUTIVE VICE PRESIDENT 35.00 X 123819 0 1608 MARILYN REID POLLOW VICE PRESIDENT, FINANCE 35.00 X 121299 0 4338 410118 0 7290 3 0 1 0 MERKLE INC 7001 COLUMBIA GATEWAY DR COLUMBIA MD 21046 DIRECT MAIL SERVICES & CONSULTING 1354673 FIG LEAF SOFTWARE INC 1400 16TH ST NW SUITE 450 WASHINGTON DC 20036 INFORMATION TECHNOLOGY 158638 ODELL SIMMS & LYNCH INC 1593 SPRING HILL RD SUITE 450 TYSONS CORNER VA 22182 FUNDRAISING CONSULTING SERVICES 141845 HARGROVE INC 1 HARGROVE DR LANHAM MD 20706 EVENT & EXHIBIT SERVICES 125940 MERKLE RESPONSE SERVICES INC 100 JAMISON CT HAGERSTOWN MD 21740 CAGING SERVICES 121730 5 3011 627348 4411215 17510 5041574 NAVY HERITAGE 900099 321890 321890 NAVY CEREMONIES 900099 221347 221347 543237 62480 62480 4043 4043 75300 260 66317 260 8983 0 8983 8983 96929 627348 423679 -326750 -326750 247401 89277 158124 158124 AFFINITY PROGRAM 900099 110984 110984 OTHER INCOME 900099 35339 35339 LIST RENTAL 900099 33802 33802 180125 5671816 543237 110984 -23979 166345 104298 49406 12641 984757 617452 292475 74830 58020 36302 17293 4425 99028 61960 29516 7552 6906 2323 4583 31250 31250 1354674 1354674 274492 14916 4025 255551 100035 35157 336 64542 341130 61086 39281 240763 144275 39089 105186 1439 1439 1084170 989610 69824 24736 19312 6092 897 12323 202797 173042 1351 28404 19750 2504 17246 458991 416685 31447 10859 2790 2790 CAGING 105101 105101 CHARITABLE GIFT ANNUITY 13667 13667 STATE REGISTRATIONS 11920 11920 TAXES & LICENSES 6024 6024 11548 10243 805 500 5498421 2569694 577783 2350944 1050856 22696 3530 1024630 16810 46886 406634 529286 1124439 871451 36213 70033 60667 100151 78133 83931 10442829 9613840 1133405 828989 879163 1153666 12498 11704 83500 77500 3831462 3773597 1272054 571199 129067 107644 0 495741 1401121 1174584 X 175544 143282 2063962 2264896 190835 190835 2430341 2599013 3831462 3773597 173395 -4723 0 X 0 1 X 1 0 X 4639817 4460839 4219182 6144066 5041574 24505478 4639817 4460839 4219182 6144066 5041574 24505478 235806 24269672 234850 292702 30178 59947 66523 684200 65725 57058 45038 93896 261717 31761 34218 75931 82417 69141 293468 25744863 3250684 0.94270 0.93570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32952 X 0 192719 192719 210941 1782 20004 192719 203042 13810 5911 210941 201506 -1536 203042 203991 -2485 201506 0.00000 1.00000 0.00000 0 0 6358411 6121029 237382 2367054 2318244 48810 1717364 1174567 542797 828989 LINE OF CREDIT 495741 495741 X 6180049 -4723 512956 508233 5671816 0 5671816 6011377 512956 512956 5498421 0 5498421 PART III, LINE 4: THE ART COLLECTION CONSISTS OF OIL PAINTINGS OF THE EIGHT US PRESIDENTS WHO EITHER SERVED IN THE US NAVY OR WERE SECRETARIES OF THE NAVY. THE FOUNDATIONS EXEMPT PURPOSE IS TO EDUCATE THE PUBLIC ABOUT THE MARITIME HERITAGE; THESE PAINTINGS SHOW MEN WHO WERE A PART OF THAT MARITIME HERITAGE. PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX EXEMPT STATUS AND THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 423,679. COST OF GOODS SOLD 89,277. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 423,679. COST OF GOODS SOLD 89,277. X X X X 0 MERKLE INC 7001 COLUMBIA GATEWAY DR COLUMBIA MD 21046 DIRECT MAIL PROCESSING 0 2816612 1354674 1461938 2816612 1354674 1461938 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV LONE SAILOR AWARDS DINNER 653525 577186 76339 20602 152475 76564 131133 GOLF TOURNAMENT 70752 50162 20590 5489 6000 20590 10826 724277 627348 96929 26091 158475 97154 141959 423679 -326750 X 0 0 0 0 0 0 0 0 0 VADM JOHN B TOTUSHEK USN RET PRESIDENT & CEO 160000 0 5000 0 0 0 0 0 1344 0 166344 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JONATHAN MACK AND MARTI DEGRAAF, BOTH DIRECTORS FOR THE FOUNDATION, ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE, EACH MEMBER OF THE GOVERNING BODY IS GIVEN A COPY FOR THEIR REVIEW. THREE DAYS AFTER THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY, A CONFERENCE CALL IS HELD TO DISCUSS ANY QUESTIONS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, AT THE SPRING MEETING, THE BOARD AND SENIOR STAFF COMPLETE THE CONFLICT OF INTEREST STATEMENT. IT IS EMAILED OR FAXED TO THOSE NOT ATTENDING THE MEETING. WHEN RETURNED, THE STATEMENTS ARE REVIEWED BY SENIOR MANAGEMENT. SENIOR MANAGEMENT IS USUALLY AWARE OF THE CONFLICT PRIOR TO ADDING THE PERSON TO THE BOARD OR TO THE STAFF. BETWEEN SPRING BOARD MEETINGS, THE CHAIRMAN ADVISES THE DIRECTORS AND STAFF THAT THEY ARE TO UPDATE THE CONFLICT OF INTEREST STATEMENTS IN THE EVENT OF A POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PROCESS AT THE UNITED STATES NAVY MEMORIAL FOUNDATION IS DESIGNED TO PROVIDE COMPENSATION THAT IS AT THE MEDIAN LEVEL OF FOUNDATIONS AND ASSOCIATIONS IN THE NATIONAL CAPITAL REGION. THE FOUNDATION EMPLOYED THE SERVICES OF A COMPENSATION CONSULTANT EXPERIENCED AND KNOWLEDGEABLE CONCERNING THE SURVEYS THAT ARE DONE TO ESTABLISH COMPENSATION AND THE COMPENSATION ENVIRONMENT IN THIS REGION. THE LEADERSHIP TEAM AT THE UNITED STATES NAVY MEMORIAL FOUNDATION CONSISTING OF THE PRESIDENT, THE EXECUTIVE VICE PRESIDENT, AND ONE VICE PRESIDENT MEET ANNUALLY TO REVIEW THE POSITION DESCRIPTIONS AND THE LEVEL OF WORK TO ENSURE THAT THE INDIVIDUALS IN THE FOUNDATION ARE EFFECTIVELY BEING COMPARED TO THEIR PEERS IN OTHER ORGANIZATIONS. DURING THE COMPENSATION REVIEW PROCESS, THE WORK PERFORMANCE OF ALL EMPLOYEES ARE REVIEWED, AND A DETERMINATION IS MADE REGARDING ANY INCREASES IN SALARY. ADDDITIONALLY, A DECISION IS MADE ABOUT WHETHER ANY RAISE IS POSSIBLE BASED ON THE FOUNDATION'S FINANCIAL CONDITION. ANNUALLY, EMPLOYEES ARE REVIEWED ON THE BASIS OF PERFORMANCE. THE PERFORMANCE REVIEW DOCUMENT IS WRITTEN FOR EACH INDIVIDUAL EVALUATING THEIR PERFORMANCE AGAINST THE GOALS THAT ARE ESTABLISHED FOR THE YEAR. THE BOARD COMPENSATION COMMITTEE MEETS TO REVIEW THE COMPENSATION OF THE PRESIDENT BASED ON THE PERFORMANCE METRICS ESTABLISHED FOR THE YEAR. THE COMPENSATION COMMITTEE ALSO REVIEWS THE AGGREGATE SALARY STRUCTURE FOR THE REMAINEDER OF THE EMPLOYEES TO ENSURE THAT THE AGGREGATE COMPENSATION APPEARS FAIR AND REASONABLE. THE COMPENSATION FOR THE PRESIDENT IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD AND THE GENERAL SALARY LEVELS ARE ALSO REVIEWED BY THIS COMMITTEE. THE PRESIDENT'S MOST RECENT COMPENSATION REVIEW WAS HELD IN DECEMBER 2014. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC, HOWEVER THE FINANCIAL STATEMENTS WILL BE PROVIDED UPON REQUEST.