2026-09-24T12:07:49-05:00 2025-12-31 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2025-01-01 530204618 NAVY-MARINE CORPS RELIEF SOCIETY NAVY 8006548364 875 N RANDOLPH STREET 225 ARLINGTON VA 22203 CAROLYN BAUER VICE PRESIDENT & CFO 8006548364 2026-09-24 1 J CALVIN MARKS P01226973 9197196400 2025 ROBERT R RUARK 875 N RANDOLPH STREET 225 ARLINGTON VA 22203 71086364 0 X WWW.NMCRS.ORG X 1904 DC NAVY-MARINE CORPS RELIEF SOCIETY PROVIDES SEVERAL PROGRAMS AND SERVICES TO ASSIST ACTIVE DUTY AND RETIRED SAILORS, MARINES AND THEIR FAMILIES IN FINANCIAL NEED. 26 25 214 4000 0 0 22531759 36691962 0 0 7536854 12211238 84837 -966 30153450 48902234 3247239 3149463 0 0 17653923 18354845 118723 471949 2146524 5748406 6748745 26768291 28725002 3385159 20177232 148615301 170996559 3672940 3024690 144942361 167971869 THE MISSION OF THE NAVY-MARINE CORPS RELIEF SOCIETY IS TO BUILD FINANCIAL STABILITY AND WELL-BEING FOR SAILORS, MARINES AND THEIR FAMILIES. 0 0 21627360 3004613 FINANCIAL ASSISTANCE PROGRAM PROVIDES INTEREST FREE LOANS AND GRANTS TO ACTIVE DUTY AND RETIRED NAVY AND MARINE CORPS MEMBERS, DEPENDENTS AND SURVIVORS BASED ON FINANCIAL NEED. 371562 VOLUNTEER PROGRAM PROVIDES TRAINING, REFRESHMENTS, RECOGNITION, REIMBURSEMENT FOR MILEAGE, AND CHILD/ELDER CARE TO VOLUNTEERS WHO DELIVER SOCIETY SERVICES TO CLIENTS. 349943 144850 123101 NON-FINANCIAL ASSISTANCE PROGRAMS PROVIDE CLIENTS WITH BUDGET COUNSELING, VISITING NURSE, BUDGET FOR BABY PROGRAM, AND THRIFT SHOP SERVICES BASED ON NEED. 22348865 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1 1 0 0 1 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 214 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X CAROLYN BAUER 8006548364 875 N RANDOLPH ST NO 225 ARLINGTON VA 22203 LTGEN ROBERT R RUARK USMC RET PRESIDENT/CEO 40.00 X X 327330 0 24967 RDML DAWN CUTLER USN RET EXECUTIVE VICE PRESIDENT, COO 40.00 X 293983 0 27015 GILLIAN GONZALEZ VP, CHIEF DEV & COMMS OFFICER 40.00 X 215721 0 34575 ANN CREEDEN DIR, TRAINING, FIELD ASST & CASEWORK 40.00 X 163053 0 83819 CAPT HERMAN ARCHIBALD USN RET VP, CHIEF INFORMATION OFFICER 40.00 X 225755 0 17446 CDR CHRISTOPHER DOUR USN RET VICE PRESIDENT, CAO 40.00 X 221129 0 18958 GIRISH PILLAI DIRECTOR, SOFTWARE DEVELOPMENT 40.00 X 219257 0 16886 CAROLYN BAUER VICE PRESIDENT, CFO 40.00 X 217570 0 16839 DONAVAN WALKER DIRECTOR, NETWORK ENGINEERING 40.00 X 158078 0 73980 ELIZABETH SUAREZ DIRECTOR, DEVELOPMENT 40.00 X 162210 0 61381 PAT KEATING DIRECTOR, ACCOUNTING 40.00 X 177621 0 13757 ADM LISA FRANCHETTI USN CHAIR (TO FEB '25) 1.00 X X 0 0 0 GEN ERIC SMITH USMC CHAIR 1.00 X X 0 0 0 MAJGEN DAVID BLIGH USMC DIRECTOR (FROM AUG '25) 1.00 X 0 0 0 LTGEN MICHAEL BORGSCHULTE USMC DIRECTOR (TO AUG '25) 1.00 X 0 0 0 LTGEN WILLIAM BOWERS USMC DIRECTOR (FROM AUG '25) 1.00 X 0 0 0 MS ELISA CATALANO EWERS DIRECTOR 1.00 X 0 0 0 ADM DARYL CAUDLE USN DIRECTOR (FROM AUG '25) 1.00 X 0 0 0 MRS DONNA CAUDLE DIRECTOR (FROM AUG '25) 1.00 X 0 0 0 VADM RICHARD CHEESEMAN USN DIRECTOR (TO JUNE '25) 1.00 X 0 0 0 MAJ THOMAS CRAIG USMC RET DIRECTOR 1.00 X 0 0 0 MAJGEN CRAIG CRENSHAW USMC RET DIRECTOR 1.00 X 0 0 0 VADM JEFFREY CZEREWKO USN DIRECTOR (FROM AUG '25) 1.00 X 0 0 0 MS FRANCINE GLAVY DIRECTOR 1.00 X 0 0 0 VADM CHRISTOPHER GRAY USN DIRECTOR 1.00 X 0 0 0 RADM SINCLAIR HARRIS USN RET DIRECTOR 1.00 X 0 0 0 MS EVELYN HONEA DIRECTOR (TO SEP '25) 1.00 X 0 0 0 MCPON JAMES HONEA USN DIRECTOR (TO SEP '25) 1.00 X 0 0 0 MS ANNE HUGHES DIRECTOR 1.00 X 0 0 0 ADM JAMES KILBY USN DIRECTOR (TO AUG '25) 1.00 X 0 0 0 COL BOB LOVE USMC RET DIRECTOR 1.00 X 0 0 0 MS MEGAN W MOFFIT DIRECTOR 1.00 X 0 0 0 MCPO JOHN JP PEREZ USN RET DIRECTOR 1.00 X 0 0 0 MRS ANGELA PERRYMAN DIRECTOR (FROM SEP '25) 1.00 X 0 0 0 MCPON JOHN PERRYMAN USN DIRECTOR (FROM SEP '25) 1.00 X 0 0 0 SGTMAJ JACOB REIFF USMC DIRECTOR 1.00 X 0 0 0 RADM LIA REYNOLDS USN DIRECTOR (TO AUG '25) 1.00 X 0 0 0 MS ANDREA RUIZ DIRECTOR 1.00 X 0 0 0 SMMC CARLOS RUIZ USMC DIRECTOR 1.00 X 0 0 0 MR JAMES SIEVERT DIRECTOR (TO FEB '25) 1.00 X 0 0 0 LTGEN STEPHEN SKLENKA USMC DIRECTOR 1.00 X 0 0 0 MS PATRICIA SMITH DIRECTOR 1.00 X 0 0 0 FLTCM DELBERT TERRELL USN DIRECTOR (TO MAY '25) 1.00 X 0 0 0 RADM GREGORY N TODD USN DIRECTOR 1.00 X 0 0 0 RADM DARIN VIA USN DIRECTOR 1.00 X 0 0 0 FLTCM JAY WALKER USN DIRECTOR (FROM MAY '25) 1.00 X 0 0 0 2381707 0 389623 40 0 1 0 MICROSOFT CORPORATION ONE MICROSOFT WAY REDMOND WA 98052 IT SERVICES 869414 MOORE A SERIES LLC 100 JAMISON CT HAGERSTOWN MD 21740 PROFESSIONAL FUNDRAISING 579443 UBS FINANCIAL SERVICES INC 1700 M ST NW 5TH FL WASHINGTON DC 20036 INVESTMENT MANGEMENT SERVICES 504000 SAFARI MICRO 2185 W PECOS RD 9 CHANDLER AZ 85224 IT SERVICES 477173 US GOVERNMENT PUBLISHING OFFICE 732 N CAPITOL ST NW WASHINGTON DC 20401 PUBLISHING SERVICES 290257 11 420692 1867907 34403363 2572188 36691962 9258623 9258623 22923217 19970602 2952615 2952615 2952615 87545 420692 215506 -127961 -127961 2121123 1998022 123101 123101 3894 3894 3894 48902234 123101 0 12087171 3091747 3091747 57716 57716 1641288 1369501 194597 77190 13449439 11222298 1594616 632525 499782 417021 59256 23505 1529853 1276519 181385 71949 1234483 1030061 146365 58057 43399 43399 127766 127766 471949 471949 518236 518236 87654 5697 81957 2009219 1576805 193843 238571 1575873 648700 509860 417313 55597 46391 6592 2614 135161 110022 5080 20059 113169 113169 960691 801610 113903 45178 120297 100377 14263 5657 HUMAN RESOURCES 401116 401116 VOLUNTEER EXPENSES 371562 371562 NON-FINANCIAL PROGRAMS 205093 205093 TRAINING 15164 15164 8748 2581 6167 28725002 22348865 4229613 2146524 198094 3073587 10086818 3990508 4941980 70390 66717 1124652 1223841 71465 329837 7701831 5975030 3809081 1726801 99408794 107222908 11777357 11638090 26486893 22447962 1678067 8238018 148615301 170996559 3040971 2635151 197500 157000 187382 1729 247087 230810 3672940 3024690 X 135409049 148066620 9533312 19905249 144942361 167971869 148615301 170996559 X 20177232 3141918 -289642 X 0 1 X 1 0 X 16596515 15087013 24433186 22531759 36691962 115340435 635351 649763 656925 688613 671722 3302374 17231866 15736776 25090111 23220372 37363684 118642809 3243267 115399542 4009674 1846355 1486152 3217215 9258623 19818019 11040 5718 7934 3894 28586 138489414 7756189 0.83330 0.83250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3841483 428882 405303 3865062 3810597 437207 406321 3841483 3653620 399573 242596 3810597 3919170 -265550 3653620 3888484 416896 386210 3919170 1.00000 1 0 2986378 2339186 647192 4715453 3635844 1079609 1726801 HEDGE FUND 11031311 F BENEFICIAL INTEREST IN TRUST 606779 F 11638090 ED AND FIN ASST LOANS 22447962 F 22447962 ANNUITY PAYABLE 230810 230810 X 76397123 3141918 24684261 186946 28013125 48383998 518236 518236 48902234 53367615 24684261 476588 25160849 28206766 518236 518236 28725002 PART V, LINE 4: AS DIRECTED BY THE DONOR. PART X, LINE 2: MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE SOCIETY HAS PROPERLY MAINTAINED ITS EXEMPT STATUS. IN ADDITION, THE SOCIETY HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 186,946. PART XII, LINE 2D - OTHER ADJUSTMENTS: PENSION RELATED BENEFIT OTHER THAN NET PERIODIC PENSION COST -3,244,239. ALLOWANCE FOR CREDIT LOSSES (NET OF RECOVERIES) 2,095,375. IMPAIRMENT OF SOFTWARE 1,451,811. FUNDRAISING EVENT EXPENSES 186,946. RETURN OF PRIOR YEAR GRANTS -13,305. 1 CENTRAL AMERICA AND CARIBBEAN 1 0 INVESTMENTS IN REGION 11031311 EAST ASIA AND PACIFIC 9 9 PROGRAM SERVICES, GRANTS TO RECIPIENTS IN REGION PROVIDE MEMBERS OF THE US NAVY, US MARINE CORPS, AND ELIGIBLE FAMILY MEMBERS WITH PERSONAL FINANCIAL MANAGEMENT AWARENESS AND EMERGENCY FINANCIAL ASSISTANCE AS NEEDED. ALSO PROVIDE A VISITING NURSE PROGRAM AND OPERATE THRIFT SHOPS AT SOME LOCATIONS. 554000 EUROPE 5 6 PROGRAM SERVICES, GRANTS TO RECIPIENTS IN REGION PROVIDE MEMBERS OF THE US NAVY, US MARINE CORPS, AND ELIGIBLE FAMILY MEMBERS WITH PERSONAL FINANCIAL MANAGEMENT AWARENESS AND EMERGENCY FINANCIAL ASSISTANCE AS NEEDED. ALSO PROVIDE A VISITING NURSE PROGRAM AND OPERATE THRIFT SHOPS AT SOME LOCATIONS. 331000 MIDDLE EAST AND NORTH AFRICA 1 1 PROGRAM SERVICES, GRANTS TO RECIPIENTS IN REGION PROVIDE MEMBERS OF THE US NAVY, US MARINE CORPS, AND ELIGIBLE FAMILY MEMBERS WITH PERSONAL FINANCIAL MANAGEMENT AWARENESS AND EMERGENCY FINANCIAL ASSISTANCE AS NEEDED. 95000 SOUTH ASIA 1 0 PROGRAM SERVICES PROVIDE MEMBERS OF THE US NAVY, US MARINE CORPS, AND ELIGIBLE FAMILY MEMBERS WITH PERSONAL FINANCIAL MANAGEMENT AWARENESS AND EMERGENCY FINANCIAL ASSISTANCE AS NEEDED. 17 16 0 0 17 16 12011311 0 12011311 EDUCATIONAL AND FINANCIAL ASSISTANCE OUTSIDE THE US EAST ASIA AND PACIFIC 348 31940 CHECK 15350 GIFT CARDS FACE VALUE EDUCATIONAL AND FINANCIAL ASSISTANCE OUTSIDE THE US MIDDLE EAST 14 5417 CHECK 350 GIFT CARDS FACE VALUE EDUCATIONAL AND FINANCIAL ASSISTANCE OUTSIDE THE US EUROPE 6 4659 CHECK 0 0 1 1 0 0 PART I, LINE 2: PAYMENTS OF GRANTS CAN BE MADE DIRECTLY TO THE INDIVIDUAL OR TO A 3RD PARTY FOR THE INDIVIDUAL'S BEHALF. X X X X X X 1 1ST DEGREEMOORE 4200 PARLIAMENT PL STE 300 LANHAM MD 20706 EMAIL/DIRECT MAIL CAMPAIGNS 0 936743 406018 530725 MESG MARKETING 100 JAMISON CT HAGERSTOWN MD 21740 EMAIL/DIRECT MAIL CAMPAIGNS 0 210493 65931 144562 1147236 471949 675287 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY NMCRS BALL 508237 420692 87545 28560 49451 55922 8189 73384 508237 420692 87545 28560 49451 55922 8189 73384 215506 -127961 1 EDUCATIONAL AND FINANCIAL ASSISTANCE 2721 2678589 COMMUNITY GRANTS AND GIFT CARDS 4846 0 242315 FMV GIFT CARDS & ASSISTANCE ITEMS LOANS CONVERTED TO GRANTS 130 170843 PART I, LINE 2: PAYMENT OF GRANTS CAN BE MADE DIRECTLY TO THE INDIVIDUAL OR TO A 3RD PARTY FOR THE INDIVIDUAL'S BEHALF. X 1 1 X X 0 0 0 0 0 0 0 0 0 LTGEN ROBERT R RUARK USMC RET PRESIDENT/CEO 325044 0 0 0 2286 0 22753 0 2214 0 352297 0 0 0 RDML DAWN CUTLER USN RET EXECUTIVE VICE PRESIDENT, COO 293209 0 0 0 774 0 20681 0 6334 0 320998 0 0 0 GILLIAN GONZALEZ VP, CHIEF DEV & COMMS OFFICER 215307 0 0 0 414 0 15401 0 19174 0 250296 0 0 0 ANN CREEDEN DIR, TRAINING, FIELD ASST & CASEWORK 161254 0 0 0 1799 0 41497 0 42322 0 246872 0 0 0 CAPT HERMAN ARCHIBALD USN RET VP, CHIEF INFORMATION OFFICER 224567 0 0 0 1188 0 15720 0 1726 0 243201 0 0 0 CDR CHRISTOPHER DOUR USN RET VICE PRESIDENT, CAO 219941 0 0 0 1188 0 15443 0 3515 0 240087 0 0 0 GIRISH PILLAI DIRECTOR, SOFTWARE DEVELOPMENT 218843 0 0 0 414 0 15319 0 1567 0 236143 0 0 0 CAROLYN BAUER VICE PRESIDENT, CFO 216382 0 0 0 1188 0 15147 0 1692 0 234409 0 0 0 DONAVAN WALKER DIRECTOR, NETWORK ENGINEERING 157473 0 0 0 605 0 11710 0 62270 0 232058 0 0 0 ELIZABETH SUAREZ DIRECTOR, DEVELOPMENT 160411 0 0 0 1799 0 11764 0 49617 0 223591 0 0 0 PAT KEATING DIRECTOR, ACCOUNTING 176632 0 0 0 989 0 12364 0 1393 0 191378 0 0 0 PART I, LINE 1A THE SOCIETY PURCHASES A WHOLE LIFE INSURANCE POLICY FOR OFFICERS AND PAYS THE PREMIUMS AS LONG AS THE OFFICER REMAINS IN HIS OR HER POSITION FOR 5 YEARS OR LONGER. BECAUSE THE PREMIUMS ARE A TAXABLE FRINGE BENEFIT, THE SOCIETY REIMBURSES THE EMPLOYEES FOR THE ASSUMED TAX DUE ON THE VALUE OF THE FRINGE BENEFIT AND GROSSES UP THE AMOUNT TO COVER THE TAX ON THE TAX REIMBURSEMENT. X 2139569 FMV X 3 16024 FMV X COMPUTERS AND OFFICE SUPPLIES 3 309440 FMV X GIFT CARDS TO BE DISTRIBUTED 1552 77610 FMV X FUNDRAISING AUCTION ITEMS 81 28560 FMV X EVENT TICKETS 1 360 FMV 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF GIFT CARDS RECEIVED. FOR EVERY OTHER CATEGORY OF ITEMS, THE ORGANIZATION IS REPORTING THE NUMBER OF LOTS RECIEVED. PART I, LINE 32B: NMCRS OCCASIONALLY UTILIZES THIRD PARTIES TO PROCESS CERTAIN THRIFT SHOP INVENTORY ITEMS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING DIRECTORS HAVE A FAMILY RELATIONSHIP: ADM LISA FRANCHETTI, USN, AND MR. JAMES SIEVERT ADM DARYL CAUDLE, USN, AND MRS. DONNA CAUDLE MCPON JAMES HONEA, USN AND MS. EVELYN HONEA MCPON JOHN PERRYMAN, USN, AND MRS. ANGELA PERRYMAN SMMC CARLOS RUIZ, USMC AND MS. ANDREA RUIZ GEN ERIC SMITH, USMC, AND MS. PATRICIA SMITH FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO THE ANNUAL DISCLOSURE FORMS REQUIRED OF BOARD MEMBERS (NOT SUBJECT TO PUBLIC FINANCIAL DISCLOSURE FORM (SF 278)), COMMITTEE MEMBERS, OFFICERS, AND EMPLOYEES ARE REQUIRED BY OUR POLICY TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS DISCOVERED. IN ANY POTENTIAL CASE OF CONFLICT OF INTEREST, THE AUDIT COMMITTEE WILL MEET, REVIEW THE FACTS, AND DETERMINE WHETHER AN ACTUAL CONFLICT EXISTS. THE DETERMINATION AS TO WHETHER OR NOT A CONFLICT OF INTEREST EXISTS WILL BE MADE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS OF THE COMMITTEE FORM 990, PART VI, SECTION B, LINE 15 ALL SOCIETY EMPLOYEES, INCLUDING OFFICERS, ARE INCLUDED ON A "GRADE AND STEP" PAY SCALE SIMILAR TO THE ONE USED BY FEDERAL CIVIL SERVICE. THE COMPENSATION LEVEL FOR EACH POSITION IN THE SOCIETY WAS DEVELOPED BY AN INDEPENDENT COMPENSATION CONSULTANT AND POSITIONS WERE ASSIGNED TO SPECIFIC PAY GRADES. THIS PAY TABLE IS ADJUSTED BY APPLYING AN ANNUAL "WAGE RANGE ADJUSTMENT" DEVELOPED BY HQ STAFF DESIGNED TO KEEP SOCIETY SALARIES COMPETITIVE AND IN LINE WITH THE COMPENSATION LEVELS OF OTHER NON-PROFITS. COMPENSATION FOR ALL SOCIETY EMPLOYEES IS REVIEWED IN DETAIL AND APPROVED ANNUALLY BY THE FULL BOARD OF DIRECTORS AT THE DECEMBER MEETING. A THIRD PARTY FIRM WAS CONTRACTED TO PERFORM A COMPENSATION STUDY IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION RELATED BENEFIT OTHER THAN NET PERIODIC PENSION COST 3,244,239. ALLOWANCE FOR CREDIT LOSSES (NET OF RECOVERIES) -2,095,375. IMPAIRMENT OF SOFTWARE -1,451,811. RETURN OF PRIOR YEAR GRANTS 13,305.