Navy-Marine Corps Relief Society
- Assets
- $160.4m
- Revenue
- $29.2m
- Investments
- $13.7m
- Employees
- 204
- Location
- Arlington, VA
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 53-0204618
Organization Overview
Navy-Marine Corps Relief Society is located in Arlington, VA. The organization was established in 2000. 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. As of 12/2021, Navy-Marine Corps Relief Society employed 204 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navy-Marine Corps Relief Society 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, Navy-Marine Corps Relief Society generated $29.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $26.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHDEULE O.THE MISSION OF THE NAVY-MARINE CORPS RELIEF SOCIETY IS TO PROVIDE, IN PARTNERSHIP WITH THE NAVY AND MARINE CORPS, FINANCIAL, EDUCATIONAL, AND OTHER ASSISTANCE TO MEMBERS OF THE NAVAL SERVICE OF THE UNITED STATES, ELIGIBLE FAMILY MEMBERS, AND SURVIVORS WHEN IN NEED; AND TO RECEIVE AND MANAGE FUNDS TO ADMINISTER THESE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
NON-FINANCIAL ASSISTANCE PROGRAMS PROVIDE CLIENTS WITH BUDGET COUNSELING, VISITING NURSE, BUDGET FOR BABY PROGRAM, AND THRIFT SHOP SERVICES BASED ON NEED.
VOLUNTEER PROGRAM PROVIDES TRAINING, REFRESHMENTS, RECOGNITION, REIMBURSEMENT FOR MILEAGE, AND CHILD/ELDER CARE TO VOLUNTEERS WHO DELIVER SOCIETY SERVICES TO CLIENTS.
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.
NON-FINANCIAL ASSISTANCE PROGRAMS PROVIDE CLIENTS WITH BUDGET COUNSELING, VISITING NURSE, BUDGET FOR BABY PROGRAM, AND THRIFT SHOP SERVICES BASED ON NEED.
VOLUNTEER PROGRAM PROVIDES TRAINING, REFRESHMENTS, RECOGNITION, REIMBURSEMENT FOR MILEAGE, AND CHILD/ELDER CARE TO VOLUNTEERS WHO DELIVER SOCIETY SERVICES TO CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ltgen Jack Klimp Usmcret President/ceo | OfficerTrustee | 40 | $269,141 |
Dawn Cutler Vice President, COO | Officer | 40 | $220,705 |
Willie L Williams Vice President, Cio | Officer | 40 | $191,891 |
Girish Pillai Director, Software Dev & Ent Architecture | 40 | $169,461 | |
Christopher Dour Vice President, Cao | Officer | 40 | $162,656 |
Carolyn Bauer CFO | Officer | 40 | $159,795 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Service Investment Services | 12/30/21 | $608,389 |
1st Degree Marketing And Public Relation Fundraising Services | 12/30/21 | $215,939 |
Microsoft Corporation It Services | 12/30/21 | $313,684 |
Microsoft Corporation It Services | 12/30/21 | $313,684 |
Safari Micro It Services | 12/30/21 | $322,520 |
1st Degree Marketing And Public Relation Fundraising Services | 12/30/21 | $215,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,097,790 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,596,515 |
| Noncash contributions included in lines 1a–1f | $593,431 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,596,515 |
| Total Program Service Revenue | $0 |
| Investment income | $4,009,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,707,856 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $882,934 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,210,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,360,704 |
| Grants and other assistance to Foreign Orgs/Individuals | $6,053 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,365,987 |
| Compensation of current officers, directors, key employees. | $166,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,537,659 |
| Pension plan accruals and contributions | $1,624,259 |
| Other employee benefits | $2,158,248 |
| Payroll taxes | $893,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,500 |
| Fees for services: Accounting | $108,502 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $215,939 |
| Fees for services: Investment Management | $638,318 |
| Fees for services: Other | $488,522 |
| Advertising and promotion | $101,730 |
| Office expenses | $741,153 |
| Information technology | $1,028,172 |
| Royalties | $0 |
| Occupancy | $15,348 |
| Travel | $102,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,899 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,239 |
| Insurance | $106,893 |
| All other expenses | $240,743 |
| Total functional expenses | $26,240,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450,374 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,162,418 |
| Accounts receivable, net | $93,945 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $652,442 |
| Prepaid expenses and deferred charges | $57,736 |
| Net Land, buildings, and equipment | $4,165,065 |
| Investments—publicly traded securities | $121,957,577 |
| Investments—other securities | $13,653,229 |
| Investments—program-related | $14,358,459 |
| Intangible assets | $0 |
| Other assets | $876,716 |
| Total assets | $160,427,961 |
| Accounts payable and accrued expenses | $2,307,127 |
| Grants payable | $0 |
| Deferred revenue | $3,750 |
| 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 | $1,871 |
| Other liabilities | $13,737,910 |
| Total liabilities | $16,050,658 |
| Net assets without donor restrictions | $133,605,898 |
| Net assets with donor restrictions | $10,771,405 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $160,427,961 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Navy-Marine Corps Relief Society has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Wood Foundation Canal Winchester, OH PURPOSE: SUPPORT | $1,000 |
Mc Companies-Sharing The Good Life Foundation Scottsdale, AZ PURPOSE: PROGRAM SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $3,888,484 |
| Earnings | $416,896 |
| Grants | $386,210 |
| Ending Balance | $3,919,170 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Army Emergency Relief Arlington, VA | $416,891,741 | $42,370,093 |
Disabled Veterans National Foundation Lanham, MD | $4,002,703 | $34,751,168 |
Navy-Marine Corps Relief Society Arlington, VA | $160,427,961 | $29,210,374 |
Military Officers Association Of America Alexandria, VA | $184,530,638 | $38,032,797 |
Military Order Of The Purple Heart Service Foundation Inc Annandale, VA | $2,548,586 | $20,677,650 |
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
American Legion Bowling Green, KY | $1,050,755 | $11,898,405 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
The Independence Fund Inc Charlotte, NC | $7,812,789 | $8,567,110 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |