U S Merchant Marine Veterans Of World War Ii is located in San Pedro, CA. The organization was established in 1994. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S Merchant Marine Veterans Of World War Ii is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, U S Merchant Marine Veterans Of World War Ii generated $53.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $272.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MARITIME SERVICE RECOGNITION AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVELS. US COAST GUARD, LOCAL LAW ENFORCEMENT AND FIRE DEPARTMENT TRAINING FOR EMERGENCIES. RELIVE A DAY IN WORLD WAR II ON THIS RESTORED VICTORY SHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OTHER ACTIVITIES RELATED TO KEEPING THE SS LANE VICTORY AFLOAT.
THE USE OF THE SHIP AS A SET LOCATION FOR FILM AND TV AND AS A FLOATING MUSEUM FOR THE PUBLIC.
THE SHIP IS USED AS A TRAINING PLATFORM FOR LOCAL POLICE, HARBOR SECURITY, HOMELAND SECURITY WHICH INCLUDES US COAST GUARD, AND MILITARY SECURITY FORCES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taron Lamkin President | OfficerTrustee | 8 | $0 |
Liliana Herrera Vice President | OfficerTrustee | 24 | $0 |
Cheryl Silkotch Secretary | OfficerTrustee | 8 | $0 |
Jeana Radovcich Treasurer | OfficerTrustee | 4 | $0 |
Joe Gaytan Director | Trustee | 24 | $0 |
David Jones Director | Trustee | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $315 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,980 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,295 |
| Total Program Service Revenue | $29,400 |
| Investment income | $127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $700 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,538 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $745 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,837 |
| Advertising and promotion | $10,110 |
| Office expenses | $1,398 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $48,622 |
| All other expenses | $26,672 |
| Total functional expenses | $272,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $875 |
| Savings and temporary cash investments | $31,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $20,000 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $679,173 |
| Investments—publicly traded securities | $228,325 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $960,911 |
| Accounts payable and accrued expenses | $557,222 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $310,801 |
| Total liabilities | $868,023 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $92,888 |
| Total liabilities and net assets/fund balances | $960,911 |