Meba Merchant Marine Memorial Foundation Inc
- Assets
- $498.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Easton, MD
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 52-2307014
Organization Overview
Meba Merchant Marine Memorial Foundation Inc is located in Easton, MD. The organization was established in 2001. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meba Merchant Marine Memorial Foundation Inc 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 12/2021, Meba Merchant Marine Memorial Foundation Inc generated $21.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $41.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT THE CALHOON MEBA ENGINEERING SCHOOL WITH AN EMPHASIS ON THE ENHANCEMENT OF THE CAMPUS FACILITIES AND EDUCATIONAL PROGRAMS AND TO MAINTAIN A MEMORIAL TO HONOR DECEASED MEBA MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Hanley Vice President | 1 | $0 | |
William Van Loo Chairman | 3 | $0 | |
Adam Vokac President | 1 | $0 | |
John Sullivan Asst. Secretary | 1 | $0 | |
Mike Fanning Asst. Secretary | 1 | $0 | |
Roland Rexha Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,966 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,497 |
| Other Revenue | $1,870 |
| Total Revenue | $21,333 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $30,114 |
| Printing, publications, postage, and shipping | $682 |
| Other expenses | $8,785 |
| Total expenses | $41,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,116 |
| Other assets | $0 |
| Total assets | $498,658 |
| Total liabilities | $4,470 |
| Net assets or fund balances | $494,188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
University Of Maryland Alumni Association Inc College Park, MD | $12,691,064 | $3,266,987 |
West Virginia University Alumni Association Inc Morgantown, WV | $18,753,718 | $1,910,317 |
Medical College Of Va Alumni Assoc Of Virginia Commonwealth Univ Richmond, VA | $0 | $190,238 |
Thaddeus Stevens Foundation Lancaster, PA | $7,318,571 | $3,742,597 |
Virginia Commonwealth Universi ALUMNI Richmond, VA | $0 | $210,514 |
V M I Alumni Association Lexington, VA | $3,901,860 | $1,387,698 |
The William & Mary Alumni Association Williamsburg, VA | $17,614,016 | $1,967,274 |
Medical Alumni Association Of The University Of Maryland Inc Baltimore, MD | $3,956,640 | $1,660,288 |
West Virginia University Alumni Association Loyalty Permanent Endo Morgantown, WV | $16,950,235 | $1,354,020 |
National Taiwan Univ Schl Of Pharm Alumni Assoc In North Amer Inc New Britain, PA | $777,638 | $702,875 |
Associated Alumni Of The Central High School Of Philadelphia Philadelphia, PA | $13,053,270 | $1,268,335 |