UNITED STATES MERCHANT MARINE ACADEMY ALUMNI ASSOCIATION AND FOU: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- UNITED STATES MERCHANT MARINE ACADEMY ALUMNI ASSOCIATION AND FOU (EIN 11-6037948)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2013-01-30
- IRS object ID
- 201300309349300575
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-30T17:19:53-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131517563 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOEB & TROPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 THIRD AVENUE 12TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 116037948 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNITED STATES MERCHANT MARINE ACADEMY | BusinessNameLine1 |
| Business Name Line2 | ALUMNI FOUNDATION INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIT | NameControl |
| Phone | 5167735993 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | USMMA - BABSON CENTER 300 STEAMBOAT | AddressLine1 |
| Address Line2 | RD | AddressLine2 |
| City | KINGS POINT | City |
| State | NY | State |
| ZIP Code | 110241699 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES F TOBIN | Name |
| Title | PRESIDENT | Title |
| Phone | 5167735993 | Phone |
| Date Signed | 2013-01-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK H ROTHMAN | Name |
| PTIN | P01275277 | PTIN |
| Phone | 2128674000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES F TOBIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | USMMA - BABSON CENTER 300 STEAMBOAT | AddressLine1 |
| Address Line2 | RD | AddressLine2 |
| City | KINGS POINT | City |
| State | NY | State |
| ZIP Code | 110241699 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5319813 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.USMMAAF.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION'S PURPOSE IS TO ADVANCE AND AID IN THE DEVELOPMENT OF THE UNITED STATES MERCHANT MARINE ACADEMY (THE "ACADEMY") AT KINGS POINT, NEW YORK; PROVIDE GREATER EDUCATION FACILITIES AND OPPORTUNITIES FOR THE REGIMENT OF MIDSHIPMEN AND THE ACADEMY; RAISE FUNDS, MONEY AND PROPERTY AND DONATE, ASSIGN AND/OR LOAN SUCH FUNDS OR PROPERTY FOR USE IN THE ACADEMY'S EDUCATIONAL PROGRAMS AND WELFARE; AND PROVIDE GRADUATES OF THE ACADEMY WITH FURTHER OPPORTUNITY AND FACILITIES FOR THE CONTINUANCE OF THEIR EDUCATION IN MARINE SCIENCES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12 | TotalNbrEmployees |
| Total Nbr Volunteers | 25 | TotalNbrVolunteers |
| Total Gross UBI | 86466 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -117828 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4843727 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4057518 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 64986 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 110144 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 50635 | InvestmentIncomePriorYear |
| Investment Income Current Year | 43256 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -97476 | OtherRevenuePriorYear |
| Other Revenue Current Year | 428503 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4861872 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4639421 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 841118 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 925217 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 536307 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 609335 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 758353 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1125097 | OtherExpensePriorYear |
| Other Expenses Current Year | 1402663 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2502522 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2937215 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2359350 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1702206 | RevenuesLessExpensesCY |
| Total Assets BOY | 21602473 | TotalAssetsBOY |
| Total Assets EOY | 23979117 | TotalAssetsEOY |
| Total Liabilities BOY | 752075 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 292411 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20850398 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 23686706 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE FOUNDATION'S PURPOSE IS TO ADVANCE AND AID IN THE DEVELOPMENT OF THE UNITED STATES MERCHANT MARINE ACADEMY (THE "ACADEMY") AT KINGS POINT, NEW YORK; PROVIDE GREATER EDUCATION FACILITIES AND OPPORTUNITIES FOR THE REGIMENT OF MIDSHIPMEN AND THE ACADEMY; RAISE FUNDS, MONEY AND PROPERTY AND DONATE, ASSIGN AND/OR LOAN SUCH FUNDS OR PROPERTY FOR USE IN THE ACADEMY'S EDUCATIONAL PROGRAMS AND WELFARE; AND PROVIDE GRADUATES OF THE ACADEMY WITH FURTHER OPPORTUNITY AND FACILITIES FOR THE CONTINUANCE OF THEIR EDUCATION IN MARINE SCIENCES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 849450 | Expense |
| Grants | 849450 | Grants |
| Description | MIDSHIPMEN AND ACADEMY ACTIVITIES - SUPPORT TO ACADEMY (USMMA) MIDSHIPMEN PROGRAMS AND ACTIVITIES. ENHANCE THE EDUCATION EXPERIENCE OF 1,050 MIDSHIPMEN BY PROVIDING FINANCIAL SUPPORT TO 23 TEAMS, AND 38 CLUBS. PROMOTE ACADEMIC AND ATHLETIC EXCELLENCE BY SPONSORING 63 AWARDS AND SCHOLARSHIPS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 482039 | Expense |
| Grants | 75767 | Grants |
| Revenue | 66160 | Revenue |
| Description | ALUMNI ACTIVITIES - SUPPORT TO ALUMNI SERVICES AND ALUMNI FUNDRAISING EVENTS FOR THE BENEFIT OF THE USMMA. SUPPORT ALUMNI ACTIVITIES BY SPONSORING 12 GOLF TOURNAMENTS A YEAR, HOMECOMING EVENTS, AND SPONSORING 50 ALUMNI AWARDS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 204721 | Expense |
| Revenue | 86466 | Revenue |
| Description | PUBLICATIONS - SUPPORT TO COMMUNICATIONS ( PUBLICATIONS & WEBSITE ) FOR ALUMNI, PARENTS, AND MIDSHIPMEN. PUBLISH THE KINGS POINTER MAGAZINE FOUR TIMES A YEAR WITH A CIRCULATION OF 17,600. PUBLISH THE SCUTTLEBUT NEWSLETTER BY E-MAIL TWICE A MONTH TO 7,000 ALUMNI. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3593 | Expense |
| Revenue | 43984 | Revenue |
| Description | JOB PLACEMENT-CAREER AND INTERNSHIP SERVICES SUPPORT TO MIDSHIPMEN, RECENT GRADUATES IN COMPLIANCE OF OBLIGATION AND ALUMNI. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3593 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 43984 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 1539803 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 12 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES F TOBIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5167735566 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 STEAMBOAT RD | AddressLine1 |
| City | KINGS POINT | City |
| State | NY | State |
| ZIP Code | 110241699 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| CHARLES J HILL | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| JOHN O ARNTZEN | ||||||
| VICE CHAIR STRATEGIC PLANN | 1.00 | X | X | 0 | 0 | 0 |
| RAYMOND E DOMBROWSKI | ||||||
| VICE CHAIR FINANCE | 1.00 | X | X | 0 | 0 | 0 |
| THOMAS W HARRELSON | ||||||
| VICE CHAIR ALUMNI AFFAIRS | 1.00 | X | X | 0 | 0 | 0 |
| W THADDEUS MILLER | ||||||
| VICE CHAIR STRATEGIC PLANN | 1.00 | X | X | 0 | 0 | 0 |
| PETER J RACKETT | ||||||
| SECRETARY OF THE BOARD | 1.00 | X | X | 0 | 0 | 0 |
| MARY JANE AND ROCCO FUSCHETTO | ||||||
| PARENT CO-CHAIRS | 1.00 | X | 0 | 0 | 0 | |
| MATTHEW J BROWN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TIMOTHY A BROWN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES E FORDE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT B GRUNE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES L HAMILTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SUSAN HAYMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT J LAVANIA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT F LINDMARK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| HARRY W MARSHALL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRIAN F MURPHY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SCOTT W O'CONNOR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHRISTOPHER R RENTNER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAME T SHIRLEY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRIAN P SLATTERY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| THEODORE H TEPLOW | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN G WARE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES H YOCUM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES F TOBIN | ||||||
| PRESIDENT | 40.00 | X | 141280 | 0 | 28023 | |
| GORDON M LANGE | ||||||
| CONTROLLER | 40.00 | X | 104586 | 0 | 12615 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 245866 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 40638 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| NOURSE & BOWLES | |||||
| ONE EXCHANGE PLACE AT 55 BROADWAY | NEW YORK | NY | 10006 | LEGAL SERVICE | 330249 |
| NIXON PEABODY | |||||
| 437 MADISON AVE | NEW YORK | NY | 10022 | LEGAL SERVICE | 155242 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 751674 | FundraisingEvents |
| All Other Contributions | 3305844 | AllOtherContributions |
| Noncash Contributions | 246913 | NoncashContributions |
| Total Contributions | 4057518 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ALUMNI EVENTS & MERCHA | 900099 | 66160 | 66160 |
| JOB PLACEMENT SERVICE | 900099 | 43984 | 43984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 110144 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 43675 | TotalRevenueColumn |
| Exclusion | $43,675 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 86429 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 94524 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -8095 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8095 | TotalRevenueColumn |
| Exclusion | -$8,095 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5255 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5674 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -419 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -419 | TotalRevenueColumn |
| Exclusion | -$419 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 222740 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 751674 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 580194 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -357454 | TotalRevenueColumn |
| Exclusion | -$357,454 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| GAIN ON SETTLEMENT | 900099 | 704001 | $704,001 | |
| PUBLICATION ADVERTISIN | 511120 | 86466 | 86466 | |
| OTHER INCOME | 900099 | 3585 | $3,585 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 794052 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4639421 | TotalRevenueColumn |
| Related Or Exempt Function Income | 110144 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 86466 | UnrelatedBusinessRevenue |
| Exclusion | $385,293 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 849450 | Total |
| Program Services | 849450 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75767 | Total |
| Program Services | 75767 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286504 | Total |
| Program Services | 67721 | ProgramServices |
| Management And General | 201853 | ManagementAndGeneral |
| Fundraising | 16930 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255515 | Total |
| Program Services | 177139 | ProgramServices |
| Management And General | 59457 | ManagementAndGeneral |
| Fundraising | 18919 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7651 | Total |
| Program Services | 5645 | ProgramServices |
| Management And General | 965 | ManagementAndGeneral |
| Fundraising | 1041 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21310 | Total |
| Program Services | 14425 | ProgramServices |
| Management And General | 4123 | ManagementAndGeneral |
| Fundraising | 2762 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38355 | Total |
| Program Services | 17874 | ProgramServices |
| Management And General | 17953 | ManagementAndGeneral |
| Fundraising | 2528 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23084 | Total |
| Program Services | 500 | ProgramServices |
| Management And General | 22584 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 500 | Total |
| Management And General | 500 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42500 | Total |
| Management And General | 42500 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116877 | Total |
| Management And General | 24877 | ManagementAndGeneral |
| Fundraising | 92000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1226 | Total |
| Management And General | 1226 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 442805 | Total |
| Program Services | 217884 | ProgramServices |
| Management And General | 29206 | ManagementAndGeneral |
| Fundraising | 195715 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38966 | Total |
| Program Services | 34849 | ProgramServices |
| Management And General | 4117 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 505227 | Total |
| Program Services | 76769 | ProgramServices |
| Fundraising | 428458 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65632 | Total |
| Management And General | 65632 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14636 | Total |
| Management And General | 14636 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BAD DEBT | Description |
| Total | 103846 | Total |
| Management And General | 103846 | ManagementAndGeneral |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47364 | Total |
| Program Services | 1780 | ProgramServices |
| Management And General | 45584 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2937215 | Total |
| Program Services | 1539803 | ProgramServices |
| Management And General | 639059 | ManagementAndGeneral |
| Fundraising | 758353 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300 | BOY |
| EOY | 100 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16674317 | BOY |
| EOY | 17386662 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 399653 | BOY |
| EOY | 332690 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4384 | BOY |
| EOY | 2956 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41817 | BOY |
| EOY | 1241796 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3853953 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 990251 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2909755 | BOY |
| EOY | 2863702 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6521 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1565726 | BOY |
| EOY | 2151211 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21602473 | BOY |
| EOY | 23979117 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 752075 | BOY |
| EOY | 292411 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 752075 | BOY |
| EOY | 292411 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3468471 | BOY |
| EOY | 5322450 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2539443 | BOY |
| EOY | 2922336 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14842484 | BOY |
| EOY | 15441920 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20850398 | BOY |
| EOY | 23686706 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21602473 | BOY |
| EOY | 23979117 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1702206 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1134102 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8397158 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3305262 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4311924 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4843727 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4057518 | CurrentTaxYear |
| Total | 24915589 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 8397158 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3305262 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4311924 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4843727 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4057518 | CurrentTaxYear |
| Total | 24915589 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2435338 | AmountsSubstContributorsTotal |
| Public Support Total170 | 22480251 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 533238 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 659036 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 301972 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 99835 | CurrentTaxYearMinus1Year |
| Current Tax Year | 130104 | CurrentTaxYear |
| Total | 1724185 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 31111 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 68573 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 81520 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 84012 | CurrentTaxYearMinus1Year |
| Current Tax Year | 707586 | CurrentTaxYear |
| Total | 972802 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 27612576 | TotalSupport |
| Gross Receipts From Admissions Etc | 662035 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.81410 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.77450 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME GAIN ON SETTLEMENT | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13276758 | BeginningOfYearBalance |
| Contributions | 11542 | Contributions |
| Investment Earnings Or Losses | 2409 | InvestmentEarningsOrLosses |
| End Of Year Balance | 13290709 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14590689 | BeginningOfYearBalance |
| Contributions | 1650 | Contributions |
| Investment Earnings Or Losses | 258645 | InvestmentEarningsOrLosses |
| Administrative Expenses | 8500 | AdministrativeExpenses |
| End Of Year Balance | 14842484 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13206630 | BeginningOfYearBalance |
| Contributions | 1358704 | Contributions |
| Investment Earnings Or Losses | 25355 | InvestmentEarningsOrLosses |
| End Of Year Balance | 14590689 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13498334 | BeginningOfYearBalance |
| Contributions | 188088 | Contributions |
| Investment Earnings Or Losses | -479792 | InvestmentEarningsOrLosses |
| End Of Year Balance | 13206630 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1989781 | OtherCostOrOtherBasis |
| Book Value | 1989781 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1417442 | OtherCostOrOtherBasis |
| Depreciation | 548512 | Depreciation |
| Book Value | 868930 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10075 | OtherCostOrOtherBasis |
| Depreciation | 10075 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 421466 | OtherCostOrOtherBasis |
| Depreciation | 417518 | Depreciation |
| Book Value | 3948 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15189 | OtherCostOrOtherBasis |
| Depreciation | 14146 | Depreciation |
| Book Value | 1043 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2863702 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BENEFICIAL INTEREST IN PERPETUAL TRUST HELD BY THIRD PARTY | Description |
| Book Value | 2151211 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2151211 | TotalBookValueOtherAssets |
| Total Revenue | 4639421 | TotalRevenue |
| Total Expenses | 2937215 | TotalExpenses |
| Excess Or Deficit For Year | 1702206 | ExcessOrDeficitForYear |
| Other | $1,134,102 | OtherAmount |
| Total Adjustments | 1134102 | TotalAdjustments |
| Excess Or Deficit Per FS | 2836308 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5899624 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 1260203 | OtherRevenues |
| Revenue Not Rptd F990 | 1260203 | RevenueNotRptdF990 |
| Revenue Subtotal | 4639421 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4639421 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3031739 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 94524 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 94524 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2937215 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2937215 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS WERE ESTABLISHED FOR THE SUPPORT OF THE UNITED STATES MERCHANT MARINE ACADEMY, AND ITS PROGRAMS, INFRASTRUCTURE AND ACADEMIC SCHOLARSHIPS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | BAD DEBT LOSS -31,577. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 585,485. BLUE AND GRAY EXPENSES 580,194. TOTAL TO SCHEDULE D, PART XI, LINE 8: 1,134,102. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 585,485. RENTAL EXPENSES 94,524. FUNDRAISING EVENTS 580,194. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 94,524. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADVANTAGE CONSULTING | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 208 PASSAIC AVENUE FLOOR 2 | AddressLine1 |
| City | FAIRFIELD | City |
| State | NJ | State |
| ZIP Code | 07004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PHONE-A-THON SOLICITATION | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 109456 | GrossReceipts |
| Amount Retained By Contractor | 92000 | AmountRetainedByContractor |
| Net To Organization | 17456 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 109456 | TotalGrossReceipts |
| Total Retained By Contractors | 92000 | TotalRetainedByContractors |
| Total Net To Organization | 17456 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BLUE AND GRAY GOLF | NameOfEvent1 |
| Gross Receipts Event1 | 816037 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 593297 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 222740 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 158377 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 143853 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 154372 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 123592 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 816037 | GrossReceiptsTotal |
| Charitable Contributions Total | 593297 | CharitableContributionsTotal |
| Gross Revenue Total Events | 222740 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 158377 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 143853 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 154372 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 123592 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 580194 | DirectExpenseSummaryEvents |
| Net Income Summary | -357454 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US MERCHANT MARINE ACADEMY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | STEAMBOAT RD | AddressLine1 |
| City | KINGS POINT | City |
| State | NY | State |
| ZIP Code | 110241699 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 371531429 | EINOfRecipient |
| IRC Section | U.S MERCHANT MARINE | IRCSection |
| Amount Of Cash Grant | 849450 | AmountOfCashGrant |
| Purpose Of Grant | MIDSHIPMEN AND ACADEMY ACTIVITIES | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS FOR STUDENTS | TypeOfGrant |
| Number Of Recipients | 67 | NumberOfRecipients |
| Amount Of Cash Grant | 75767 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE UNITED STATES MERCHANT MARINE ACADEMY ALUMNI FOUNDATION PROVIDES SUPPORT TO ONLY ONE ORGANIZATION, THE UNITED STATES MERCHANT MARINE ACADEMY. GRANTS ARE ACCEPTED BY THE PROCESS ESTABLISHED BY THE MARITIME ADMINISTRATION OF THE UNITED STATES DEPARTMENT OF TRANSPORTATION. THE UNITED STATES MERCHANT MARINE ACADEMY ALUMNI FOUNDATION RECEIVES AN ANNUAL GRANT REQUEST FROM THE UNITED STATES MERCHANT MARINE ACADEMY, AND BASED UPON AVAILABLE FUNDS FOR THE SPECIFIC PURPOSES REQUESTED IN THE GRANT REQUEST, THE THE UNITED STATES MERCHANT MARINE ACADEMY ALUMNI FOUNDATION AWARDS THE MONIES. ALL GRANT REQUESTS MUST BE DETAILED, INDICATING THE PURPOSE AND THE GENERAL USE OF THE FUNDS. ANNUAL GRANTS MUST BE APPROVED BY THE BOARD OF DIRECTORS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAMES F TOBIN | NamePerson |
| Base Compensation Filing Org | 141000 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 280 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 8460 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 19563 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 169303 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 18 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 83316 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | SUPPLIES | Description |
| Number Of Contributions | 179 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 163597 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SELLING PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THIS NUMBER CONSISTS OF A NUMBER OF CONTRIBUTORS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | MARY JANE FUSCHETTO AND ROCCO FUSCHETTO ARE HUSBAND AND WIFE. THEY COMBINE FOR 1 VOTE (1/2 OF A VOTE FOR EACH) | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE FORM 990 WAS SUBMITTED TO AND REVIEWED BY THE FOUNDATION'S PRESIDENT, AND A COPY WAS SUBMITTED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH PERSON SERVING AS A DIRECTOR, OFFICER, COMMITTEE MEMBER OR KEY EMPLOEE IS REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST FORM. IF THE FORM DISCLOSES ANY CONFLICTS OF INTEREST, IT IS SUBMITTED TO THE COMMITTEE DESIGNATED BY THE BOARD OF DIRECTORS FOR REVIEW. THE PERSON WITH THE CPOTENTIAL CONFLICT IS RECUSED FROM THE VOTE TO DETIRMINE WHETHER A CONFLICT EXISTS. | |
| FORM 990, PART VI, SECTION B, LINE 15A | THE COMPENSATION COMMITTEE MAKES RECOMENDATIONS, BASED UPON COMPARABLE DATA, TO THE EXECUTIVE COMMITTEE REGARDING THE PRESIDENT'S SALARY. THE EXECUTIVE COMMITTEE APPROVES THE COMPENSATION COMMITTEE'S RECOMENDATION, AS WELL AS THE SALARIES FOR ALL EMPLOYEES, AND REFERS THE MATTER TO THE FULL BOARD OF DIRECTORS FOR FINAL DISPOSITION. THIS REVIEW WAS LAST DONE IN MARCH OF 2008. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE LISTED ON OUR WEBSITE AT WWW.USMMAAF.COM. | |
| FORM 990, PART XI, LINE 5: | BAD DEBT LOSS -31,577. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 585,485. BLUE AND GRAY EXPENSES 580,194. TOTAL TO FORM 990, PART XI, LINE 5: 1,134,102. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | OVERSITE COMMITTEE PROCESS: |
Comments