Midshipmans Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237100496 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Midshipmans Foundation?

The Midshipmans Foundation is a nonprofit organization, specifically dedicated to supporting Midshipmen and Officer Candidates at the NROTC Unit at the University of Texas at Austin. Their mission encompasses providing financial aid, granting meritorious sword awards, and offering educational assistance through cash scholarships and freshman awards. This nonprofit organization aims to aid and recognize the efforts of aspiring naval officers in their academic journey.


Official website here: www.utnrotcalum.org

Is Midshipmans Foundation legitimate?

Midshipmans Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midshipmans Foundation 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.utnrotcalum.org

What is the mission statement of Midshipmans Foundation?

The Midshipmans Foundation's mission is centered around providing assistance to Midshipmen and Officer Candidates in the Naval ROTC Unit at the University of Texas at Austin. This is primarily achieved through the distribution of financial aid in the form of cash scholarships. In addition, the foundation offers freshman education awards as part of its programs. The mission of the Midshipmans Foundation is to support these individuals in their academic and naval career pursuits.


Official website here: www.utnrotcalum.org

Who is the CEO of Midshipmans Foundation?

Gabriel R Salazar is the Chairman of Midshipmans Foundation.


Official website here: www.utnrotcalum.org

What is the revenue of Midshipmans Foundation?

Midshipmans Foundation's revenue in 2022 was $281,251.


Official website here: www.utnrotcalum.org

Who are the executives of Midshipmans Foundation and what are their salaries?

There 5 volunteers at Midshipmans Foundation.


Here are 10 key members and their salaries:


Gabriel R Salazar (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney C Koenig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Collins (Vicechairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Wells (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny T O'Neil (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie W Simons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Gartner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin W Mergele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin H Hugman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max K Miller (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.utnrotcalum.org

Where can I find the form 990 for Midshipmans Foundation?

Midshipmans Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.utnrotcalum.org

Learn more at the official website: www.utnrotcalum.org

Mission Statement of Midshipmans Foundation

The Midshipmans Foundation, an organizational entity, is committed to providing financial assistance and meritorious sword awards to Midshipmen and Officer Candidates within the Naval ROTC Unit at the University of Texas at Austin. At the core of its mission, the Foundation offers cash scholarships as a form of financial aid to these individuals, aiming to alleviate some of their financial burdens during their academic journey. Additionally, the Midshipmans Foundation provides freshman education awards, further supporting the academic pursuits of these students in their early stages of higher education.

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Impact




October, 2024

The Midshipmans Foundation significantly impacts Midshipmen and Officer Candidates at the NROTC Unit at the University of Texas at Austin by providing vital financial aid and recognition for excellence through meritorious sword awards. By offering cash scholarships and freshman education awards, the foundation alleviates financial burdens, enabling students to focus on their education and training for future military service. This support fosters academic achievement and contributes to the development of future leaders within the Naval Reserve Officer Training Corps. Through its programs, the Midshipmans Foundation plays a crucial role in shaping the educational experiences and professional trajectories of these individuals.




This information is meant to be a general summary of Midshipmans Foundation. 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.

Revenue
$281,251 (2022)
Expenses
$122,718 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $100,910
  • Gross Receipts: $281,251

Assets and Liabilities:

  • Total Assets: $2,640,128
  • Total Liabilities: $0
  • Net Assets: $2,640,128

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Organization Details

Founding Year

1970

Principal Officer

Gabriel R Salazar

Main Address

3128 Burks Lane, Austin, TX, 78732

NTEE Category

Code: B82 - Education

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