Society Of American Military Engineers Foundation
- Assets
- $4.0m
- Revenue
- $165.6k
- Investments
- $2.5m
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-1960637
Organization Overview
Society Of American Military Engineers Foundation is located in Alexandria, VA. The organization was established in 2016. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of American Military Engineers Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE EDUCATIONAL AND SCIENTIFIC PURPOSES OF THE SOCIETY OF AMERICAN MILITARY ENGINEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY OF AMERICAN MILITARY ENGINEERS FOUNDATION (THE FOUNDATION) PROVIDES A SECURE AND BENEFICIAL REPOSITORY FOR CHARITABLE CONTRIBUTIONS AND OTHER BEQUEATHS FROM MEMBERS OF SAME AND THE PUBLIC AT LARGE, IN FURTHERANCE OF THE PURPOSES AND OBJECTIVES OF SAME. THE FOUNDATION'S PURPOSE IS TO FOSTER ENGINEERING LEADERSHIP FOR THE NATION, SPECIFICALLY FOCUSING ON SUPPORTING MILITARY ENGINEERS, AND NATIONAL SECURITY STEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Schroedel Executive Director | Officer | 4 | $222,000 |
Harold Rosen President | OfficerTrustee | 3 | $0 |
John Peabody Tresurer - Until 12/2021 | OfficerTrustee | 1 | $0 |
Col Anthony Leketa Vice President | OfficerTrustee | 1 | $0 |
William Hoffman Sr. Finance Manager - Until 08/2021 | Officer | 4 | $0 |
Eddie Gonzalez Program Manager And Assisstant Secretary | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,759 |
| Total Program Service Revenue | $0 |
| Investment income | $27,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $165,649 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,594 |
| 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 | $0 |
| 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 | $15,421 |
| Advertising and promotion | $0 |
| Office expenses | $20,116 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,218 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,076 |
| Insurance | $0 |
| All other expenses | $2,619 |
| Total functional expenses | $70,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,231 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,990 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,120,807 |
| Investments—other securities | $2,512,713 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,992,741 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,273,545 |
| 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 | $26,289 |
| Total liabilities | $2,299,834 |
| Net assets without donor restrictions | $1,316,338 |
| Net assets with donor restrictions | $376,569 |
| 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 | $3,992,741 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of American Military Engineers Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Mardia Family Foundation Kenner, LA PURPOSE: CHARITY | $25,000 |
Endowment Analysis
| Beg. Balance | $315,305 |
| Ending Balance | $315,305 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Carolina Advanced Energy Corporation Raleigh, NC | $9,515,286 | $8,839,166 |
Corn Refiners Association Inc Washington, DC | $10,439,497 | $7,705,832 |
Zcash Foundation McLean, VA | $32,799,974 | $26,447,593 |
Institute For Womens Policy Research Washington, DC | $17,100,726 | $10,106,680 |
University Of Maryland Psychiatry Associates P A Baltimore, MD | $10,617,628 | $4,863,213 |
West Virginia University Innovation Corporation Morgantown, WV | $2,905,835 | $5,942,099 |
Health And Environmental Sciences Institute Washington, DC | $8,376,390 | $5,052,599 |
Board Of Certification Accreditation International Owings Mills, MD | $5,575,495 | $5,362,772 |
National Caregiving Foundation Dunkirk, MD | $1,366,084 | $4,115,754 |
Appraisal Foundation Washington, DC | $12,806,075 | $4,033,745 |
National Assn Of State Mentl Health Prog Directors Research Instit Inc Falls Church, VA | $3,898,243 | $2,738,734 |
Strategic Education Research Partnership Institute Washington, DC | $1,495,302 | $2,298,036 |