2012-08-15T15:26:47-05:00 2011-12-31 521446779 JOHNSON LAMBERT LLP 700 SPRING FOREST ROAD STE 115 RALEIGH NC 27609 990 2011-01-01 521104476 US NAVY MEMORIAL FOUNDATION USNA 2027372300 701 PENNSYLVANIA AVENUE NW NO 123 WASHIGNTON DC 20004 VADM JOHN B TOTUSHEK USNR RET 2027372300 2012-08-15 1 9197196400 2011 2016-02-24 21:20:13Z VADM JOHN B TOTUSHEK US 701 PENNSYLVANIA AVENUE NW NO 123 WASHIGNTON DC 20004 5535561 0 X WWW.NAVYMEMORIAL.ORG X 1977 IL THE EDUCATION OF THE PUBLIC ABOUT U.S. NAVAL HERITAGE. 27 26 33 11 77083 65725 4639817 4460839 279011 356850 23717 15758 -60768 -348464 4881777 4484983 0 0 0 0 1395387 1194143 238000 1503099 2083337 3624873 2359795 5258260 5057037 -376483 -572054 2980563 2439336 1191705 1229826 1788858 1209510 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 1846877 9360 356850 NAVAL HERITAGE SERVICES - HONORS, PRESERVES, AND CELEBRATES AMERICA'S ENDURING NAVAL HERITAGE THROUGH COMMEMORATIVE CEREMONIES,REUNION MEETINGS, REENLISTMENT AND RETIREMENT CEREMONIES, BAND CONCERTS, FILM AND VIDEO PRESENTATIONS,PHOTOGRAPHIC AND DATA COLLECTIONS, SPECIAL EVENTS, AND EXHIBITS 154223 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. 142560 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. 110290 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 110290 2253950 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 33 1 1 1 0 0 0 0 1 1 0 0 0 0 0 X 27 26 0 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 X VADM JOHN B TOTUSHEK USNR RET 2027372300 701 PENNSYLVANIA AVENUE NW NO 123 WASHINGTON DC 20004 RADM JON BAYLESS JR USN RET 1.00 X 0 0 0 JOHN B BURKE 1.00 X 0 0 0 RADM JOHN D BUTLER USN RET 1.00 X 0 0 0 JOANNE S CROWN 1.00 X 0 0 0 ROBERT C DORION 1.00 X 0 0 0 THOMAS E DUNN 1.00 X 0 0 0 THEODORE L DYSART 1.00 X 0 0 0 DR BARRY W HANNAH 1.00 X 0 0 0 MCPON JAMES L HERDT USN RET 1.00 X 0 0 0 CHARLES L HOPKINS III 1.00 X 0 0 0 THOMAS R KUHN 1.00 X 0 0 0 JEFFERY J KIBBEN 1.00 X 0 0 0 DR J PHILLIP LONDON 1.00 X 0 0 0 CAPT GARY G MAHLE USN RET 1.00 X 0 0 0 RADM DON MUCHOW CHC USN RET 1.00 X 0 0 0 ROBERT E NASER 1.00 X 0 0 0 JOSEPH T SMALL JR 1.00 X 0 0 0 DAVID P STORCH 1.00 X 0 0 0 CAPT EDWARD A SUNDBERG USNR RET 1.00 X 0 0 0 RADM WILLIAM THOMPSON USN RET 1.00 X 0 0 0 VICTOR S TRIONE 1.00 X 0 0 0 JOHN F MULHERN 1.00 X 0 0 0 JOHN J CHESTER III 1.00 X 0 0 0 PERRY MARTINI 1.00 X 0 0 0 RICHARD C VIE 1.00 X X 0 0 0 JOHN P COSGROVE 1.00 X X 0 0 0 RADM EDWARD K WALKER JR SC USN 1.00 X X 0 0 0 JONATHAN T MACK 1.00 X X 0 0 0 VADM JOHN B TOTUSHEK USNR RET 1.00 X X 24000 0 224 MARILYN REID POLLOW 35.00 X 111532 0 1344 CYNTHIA MCCALIP 35.00 X 110552 0 1608 246084 0 3176 2 0 0 0 MERKLE INC 7100 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 DIRECT MAIL SERVICES & CONSULTANT 1548301 HARGROVE INC 1 HARGROVE DRIVE LANHAM MD 20706 EVENT & EXHIBIT SERVICES 236060 2 7220 602324 3851295 4460839 NAVY CEREMONIES 900099 356850 356850 356850 10083 10083 30144 30144 252475 0 252475 252475 252475 202609 196934 5675 5675 5675 111260 602324 853644 -742384 -742384 AFFINITY PORGRAM 900099 77083 77083 LIST RENTAL 900099 26115 26115 OTHER INCOME 900099 8103 8103 111301 4484983 356850 77083 -409789 24224 14087 6320 3817 925492 538258 241411 145823 140187 80828 37212 22147 104240 60625 27191 16424 10485 3355 7130 46073 1625 44448 1503099 1503099 28901 18916 8980 1005 94588 77783 970 15835 547101 124384 107005 315712 61145 57220 299 3626 3331 3331 902102 820784 57767 23551 27570 21738 1547 4285 83845 73714 2575 7556 393433 355156 27421 10856 4140 4140 DUES & SUBSCRIPTIONS 145987 1380 144382 225 STATE REGISTRATIONS 8831 8831 CONTINUING EDUCATION 487 127 360 MAILSHOP 185 185 1591 766 825 5057037 2253950 719750 2083337 34021 31446 61704 68305 149213 12266 61666 119435 54379 71927 104006 86287 9841335 8319928 1804451 1521407 665245 496679 14878 14084 31000 17500 2980563 2439336 1174803 1059752 16902 170074 1191705 1229826 X 1107865 667965 490158 350710 190835 190835 1788858 1209510 2980563 2439336 X -572054 -7294 X 0 1 1 X 0 X 5313612 4915116 4230480 4639817 3858515 22957540 5313612 4915116 4230480 4639817 3858515 22957540 70401 22887139 198526 216872 258622 234850 292702 1201572 66725 66725 140 19910 43093 31761 34218 129122 24354959 2397895 0.93970 0.95080 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME LIST RENTAL RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32952 X 0 201506 0 0 -1536 203042 203991 0 -2485 0 0 201506 203838 0 153 0 0 203991 201168 0 2670 0 0 203838 0.00000 1.00000 0.00000 0 0 6309785 5441333 868452 2161517 1911309 250208 1370033 967286 402747 1521407 4484983 5057037 -572054 -7294 -7294 -579348 5332102 -7294 769 853644 847119 4484983 0 4484983 5911450 769 853644 854413 5057037 0 5057037 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2011. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 853,644. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 853,644. CENTRAL AMERICA AND THE CARIBBEAN 0 0 RECEIPT OF CONTRIBUTIONS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X X X X 0 MERKLE INC 7100 COLUMBIA GATEWAY DR COLUMBIA MD 21046 DIRECT MAIL PROCESSING 0 2683795 1503099 1180696 2683795 1503099 1180696 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 GOLF TOURNAMENT 87710 72210 15500 12888 15245 6049 LONE SAILORS AWARD DINNER 625874 530114 95760 6779 25500 787183 713584 602324 111260 19667 40745 793232 853644 -742384 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 AND VICE PRESIDENT MEET ANNUALL TO REVIEW THE POSITION DESCROPTIONS 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 NOVEMBER 2011. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -7,294.