Overview
What is Fort Schuyler Maritime Alumni Association Inc?
Fort Schuyler Maritime Alumni Association Inc, also known as the Maritime College Alumni Association, is a nonprofit organization based in the Bronx, New York. Their primary mission is to promote nautical education and training, supporting the interests of the Maritime College of New York and the academic and professional development of its alumni, faculty, and students. The association achieves this by encouraging education, providing financial aid through scholarships and loans, and participating in programs that enhance the overall well-being of cadets. They also commemorate distinguished service rendered by their alumni, faculty, and students in various fields. With a team of seven dedicated individuals, the organization aims to foster organization and supervision of chapters and offer financial and moral support to the Maritime College.
Official website here: www.maritimecollegeaa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Fort Schuyler Maritime Alumni Association Inc has received an 86% rating from Charity Navigator, indicating solid performance in accountability and finance. The score is derived solely from the Accountability & Finance beacon, reflecting a strong emphasis on financial integrity and transparency within the organization.
Key strengths include a fully independent board, with all 26 members meeting independence standards, and an excellent auditing and oversight structure. The organization showcases a commitment to proper governance practices, as evidenced by their comprehensive policies regarding conflict of interest and documentation of board meeting minutes. Moreover, the low liabilities to assets ratio underscores their financial stability.
However, there are areas for improvement, particularly the absence of a whistleblower policy and document retention and destruction policy. While these omissions affect the overall governance rating, the organization still maintains a high level of accountability, with a substantial portion of their expenses allocated directly to programs, indicating effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fort Schuyler Maritime Alumni Association Inc?
86% of reviewers on Facebook recommend the Fort Schuyler Maritime Alumni Association Inc. Here’s a brief summary of their input:
The overall sentiment is positive, with alumni appreciating the gatherings and events organized by the association. The information shared about meet-ups, such as the October event in San Diego, showcases camaraderie and a strong sense of community among members. Many find these events a great opportunity to connect with fellow alumni while enjoying discounted food and drinks.
Overall, the organization appears to fulfill its purpose of fostering relationships and engagement among its members, providing a platform for alumni to reconnect and share experiences.
This AI summary has been generated from reviews found on Facebook.
Is Fort Schuyler Maritime Alumni Association Inc legitimate?
Fort Schuyler Maritime Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Schuyler Maritime Alumni Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $99,512
For more financial information, click here
Official website here: www.maritimecollegeaa.org
What is the mission statement of Fort Schuyler Maritime Alumni Association Inc?
The Fort Schuyler Maritime Alumni Association Inc's mission is centered around promoting nautical education and professional development. They aim to support the Maritime College of New York and its students, faculty, and alumni. In pursuit of this mission, the organization encourages nautical education, provides financial assistance to cadets through scholarships, grants, or loans, and participates in programs aimed at enriching the overall well-being of the cadets. They also honor distinguished service rendered by alumni, faculty, and students in various fields. The association supports and supervises chapters, offering them financial and moral assistance, thereby contributing to the Maritime College's growth and success.
Official website here: www.maritimecollegeaa.org
Who is the CEO of Fort Schuyler Maritime Alumni Association Inc?
Sam Reilly is the President of Fort Schuyler Maritime Alumni Association Inc.
Official website here: www.maritimecollegeaa.org
What is the revenue of Fort Schuyler Maritime Alumni Association Inc?
Fort Schuyler Maritime Alumni Association Inc's revenue in 2022 was $1,542,160.
Official website here: www.maritimecollegeaa.org
Who are the executives of Fort Schuyler Maritime Alumni Association Inc and what are their salaries?
The average compensation at Fort Schuyler Maritime Alumni Association Inc during 2022 was $14,216. There are 7 employees and 40 volunteers at Fort Schuyler Maritime Alumni Association Inc.
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Official website here: www.maritimecollegeaa.org
Where can I find the form 990 for Fort Schuyler Maritime Alumni Association Inc?
Fort Schuyler Maritime Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maritimecollegeaa.org
Learn more at the official website: www.maritimecollegeaa.org
Mission Statement of Fort Schuyler Maritime Alumni Association Inc
Fort Schuyler Maritime Alumni Association Inc is committed to promoting nautical education and training, fostering the interests of the Maritime College of New York and the academic and professional development of its alumni, faculty, and students. In pursuit of this mission, the organization encourages nautical education and provides opportunities for alumni to offer financial and other forms of assistance to cadets. This support is extended through the awarding of scholarships, grants-in-aid, or loans. Additionally, the association participates in programs designed to enrich the physical, mental, and moral life of the cadets at the Maritime College. The Fort Schuyler Maritime Alumni Association Inc also commemorates its alumni, faculty, and students who have rendered distinguished educational, patriotic, or other public service. Furthermore, the association fosters organization and supervision of chapters and provides financial and moral support to the Maritime College.
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Impact
August, 2024
The Fort Schuyler Maritime Alumni Association Inc has had a significant impact by promoting nautical education and training, fostering the interests of the Maritime College of New York, and supporting the academic and professional development of SUNY Maritime College alumni, faculty, and students. Through initiatives like awarding scholarships, grants-in-aid, or loans, the organization has provided financial assistance to cadets and elevated their physical, mental, and moral well-being. Additionally, by commemorating distinguished members of the alumni, faculty, and students who have served in various capacities, the association has fostered a sense of pride and achievement within the maritime community. Furthermore, by organizing and supervising chapters and providing financial and moral support to the Maritime College, the organization has played a crucial role in advancing nautical education and supporting the maritime industry.
This information is meant to be a general summary of Fort Schuyler Maritime Alumni Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $887,247
- Gross Receipts: $4,698,459
Assets and Liabilities:
- Total Assets: $10,925,618
- Total Liabilities: $98,844
- Net Assets: $10,826,774
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Organization Details
Founding Year
2004
Phone
(718) 319-8801Principal Officer
Sam Reilly
Main Address
6 PENNYFIELD AVENUE, BRONX, NY, 10465
Website
www.maritimecollegeaa.orgNTEE Category
Code: B118 - Education
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