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Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial

Uss Cod Submarine Memorial

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

EIN: 237156190 ✦ Richfield, OH ✦ Designated as a 501(c)(3)

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Overview

What is Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial?

The Cleveland Coordinating Committee for Cod Inc, doing business as USS Cod Submarine Memorial, is a nonprofit organization situated in Richfield, Ohio. With a team of seven dedicated individuals, their primary focus is on the preservation, restoration, and interpretation of the USS Cod, a World War II submarine and National Historic Landmark. This memorial serves as a tribute to American veterans. The majority of their resources are directed towards maintaining the exterior hull of the submarine, which is now over 80 years old. They are also in the process of replacing non-historic flooring in the crew living spaces with custom-colored rubber flooring, a labor-intensive project ongoing for several years. The organization's goal is to keep the USS Cod in excellent condition for public tours, ensuring it remains an educational asset.


Official website here: www.usscod.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (73%)

The Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial has received a rating of Two Stars from Charity Navigator, indicating a need for improvement in their operations and financial management. While they scored well in aspects like having an independent board and maintaining a good liabilities to assets ratio, their overall accountability and finance score is lower, reflecting concerns about transparency and financial reporting.

Strengths of the organization include a fully independent board and strong policies regarding conflict of interest. However, there are significant weaknesses noted, particularly in financial statements and document retention practices. The organization has not provided adequate financial documentation, which has impacted their overall score negatively and raised questions about their financial transparency.

Additionally, they lack a whistleblower policy and have not posted their tax forms on their website, which further contributes to the need for improved accountability. While the program expense ratio is favorable, indicating that they allocate a substantial portion of their budget towards their programs, the limitations in financial transparency could hinder their credibility and potential donor support.


This AI summary has been generated from information found on Charity Navigator.

Is Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial legitimate?

Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,354

For more financial information, click here


Official website here: www.usscod.org

What is the mission statement of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial?

The Cleveland Coordinating Committee for Cod Inc, dedicated to the USS Cod Submarine Memorial, aims to preserve, restore, and interpret this World War II National Historic Landmark as a memorial and educational asset. The committee prioritizes maintaining the submarine, particularly its aging exterior hull, and has undertaken a labor-intensive project to replace non-historic flooring in the crew living spaces with custom-colored rubber flooring. This work is a testament to their commitment to honoring the service of American veterans and providing an educational experience for the public through guided tours.


Official website here: www.usscod.org

Who is the CEO of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial?

Paul C Farace is the President of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial.


Official website here: www.usscod.org

What is the revenue of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial?

Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial's revenue in 2023 was $700,674.


Official website here: www.usscod.org

Who are the executives of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial and what are their salaries?

The average compensation at Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial during 2023 was $17,908. There are 7 employees and 55 volunteers at Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial.


Here are 4 key members and their salaries:


Paul C Farace (President)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Mike Bokulich (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Kolcun (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Winkler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.usscod.org

Where can I find the form 990 for Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial?

Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.usscod.org

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

Mission Statement of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial

The Cleveland Coordinating Committee for COD Inc., dedicated to the USS COD Submarine Memorial, is committed to the preservation, restoration, and interpretation of this World War II submarine. Serving as a National Historic Landmark, the USS COD honors the service and sacrifices of American veterans. The primary focus of this nonprofit organization is to maintain and restore the submarine, transforming it into an educational asset that can be explored through public tours. The majority of the funds allocated are directed towards the maintenance of the submarine's exterior hull, given its age of over 80 years. An ongoing project, the interior restoration features the installation of custom-colored rubber flooring in the crew living spaces, replacing non-historic flooring. This labor-intensive project is expected to be completed in the coming years.

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Impact




July, 2024

The impact of the Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial is significant as it plays a crucial role in the preservation, restoration, and interpretation of the USS Cod submarine. This World War II submarine, designated as a National Historic Landmark, serves as a memorial to American veterans and provides educational opportunities through public tours. The committee's activities, including the ongoing restoration and maintenance efforts, contribute to the upkeep of this 80-year-old Navy submarine, ensuring its historical significance is preserved for future generations.




This information is meant to be a general summary of Cleveland Coordinating Committee For Cod Inc Uss Cod Submarine Memorial. 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
$700,674 (2023)
Expenses
$228,488 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $256,464
  • Gross Receipts: $714,627

Assets and Liabilities:

  • Total Assets: $981,444
  • Total Liabilities: $0
  • Net Assets: $981,444

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Gate Receipts

Revenue

$256,464

Organization Details

Founding Year

1976

Principal Officer

Paul C Farace

Main Address

5274 Townsend Road, Richfield, OH, 44286

NTEE Category

Code: A540 - Arts

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