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Marine Raider Foundation

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

EIN: 452913544 ✦ Fishers, IN ✦ Designated as a 501(c)(3)

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Overview

What is Marine Raider Foundation?

The Marine Raider Foundation, based in Fisher's, Indiana, is a nonprofit organization dedicated to supporting active-duty and medically retired Marine Raider personnel, as well as the families of Marines, sailors, and World War II Marine Raiders who have perished while serving our nation. During 2022, they provided assistance in various ways, including funding legacy events and projects, family resiliency events, professional resiliency events, and Transition Assistance Grants. They also offered support to wounded, ill, or injured Raiders and Gold Star Families dealing with crises. Their mission encompasses assisting injured or wounded Raiders in combat, contingency operations, or training with special needs, supporting their families with health and welfare challenges, commemorating fallen Raiders, and aiding in their reintegration and transition assistance. The Foundation, with a team of two dedicated individuals, works tirelessly to fulfill its mission.


Official website here: www.marineraiderfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99%, Four-Star out of Four Star rating

The Marine Raider Foundation has achieved a remarkable 99% rating from Charity Navigator, indicating outstanding performance in accountability, finance, impact, and community engagement. With perfect scores in accountability and impact measurement, the organization demonstrates a strong commitment to financial transparency and effective program delivery. The program expense ratio of 72.80% signifies that a significant majority of their funding is allocated directly to their charitable programs.

User reviews from Great Nonprofits highlight the foundation's profound impact on the Marine community, with many clients expressing gratitude for timely assistance during crises, such as travel arrangements for families of injured or deceased Marines. Volunteers and clients alike praise the organization for its responsiveness and dedication to supporting military families, often going above and beyond expectations. Specific examples include rapid financial assistance and personal support during challenging times, reinforcing the foundation's role as an essential resource within the MARSOC community.

However, some feedback points to areas for improvement, particularly regarding transparency and equitable support across different regions. A few reviews note feelings of inadequacy in the foundation's outreach and responsiveness in certain cases, suggesting a need for a more integrated approach to serving all MARSOC families uniformly. Addressing these concerns may enhance their community engagement and solidify their reputation further as a vital support system for Marines and their families.


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

Is Marine Raider Foundation legitimate?

Marine Raider Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Raider 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: $229,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,714

For more financial information, click here


Official website here: www.marineraiderfoundation.org

What is the mission statement of Marine Raider Foundation?

The Marine Raider Foundation's mission is centered around providing support to active duty and medically retired Marine Raiders, their families, and families of Marines, sailors, and World War II Marine Raiders who have perished while serving the nation. The foundation's primary objectives include assisting injured or wounded Marine Raiders with special needs, supporting the families of Marine Raiders in dealing with health and welfare challenges, commemorating fallen Marine Raiders through memorials and services, and aiding in the reintegration and transition of Marine Raiders post-service. During 2022, the foundation provided assistance in various forms, including funding for legacy events and projects, family resiliency events, professional resiliency events, and transition assistance grants. Additionally, the foundation offered support to wounded, ill, and injured Raiders and Gold Star Families experiencing crises.


Official website here: www.marineraiderfoundation.org

Who is the CEO of Marine Raider Foundation?

Derek Herrera is the President of Marine Raider Foundation. The CEO's salary of Marine Raider Foundation is $139,923 and their total compensation is $139,923.


Official website here: www.marineraiderfoundation.org

What is the revenue of Marine Raider Foundation?

Marine Raider Foundation's revenue in 2022 was $1,276,081.


Official website here: www.marineraiderfoundation.org

Who are the executives of Marine Raider Foundation and what are their salaries?

The average compensation at Marine Raider Foundation during 2022 was $117,800. There are 2 employees and 45 volunteers at Marine Raider Foundation.


Here are 15 key members and their salaries (Marine Raider Foundation's CEO's salary is $139,923 and their total compensation is $139,923):


Jessica Mc Andrews (Ceo)
  • Compensation: $139,923
  • Related: $0
  • Other: $0
Sarah Christian (Director Of Operations)
  • Compensation: $89,962
  • Related: $0
  • Other: $0
Ambrose Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Bucierka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorelei Gaus (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Meacham Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Vermette (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Schroback (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Herrera (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Tappen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Glover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Martini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edson Greenwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Manoukian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marineraiderfoundation.org

Where can I find the form 990 for Marine Raider Foundation?

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


Official website here: www.marineraiderfoundation.org

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

Mission Statement of Marine Raider Foundation

The Marine Raider Foundation, established with the purpose of providing benevolent support, focuses on aiding active duty and medically retired Marines from Marine Special Operations Command (MARSOC) and their families, as well as families of Marines, sailors, and World War II Marine Raiders who have lost their lives in the line of duty. The foundation's mission encompasses several key areas.

Firstly, the Marine Raider Foundation assists MARSOC personnel who have been injured, wounded, or affected in any way during combat, contingency operations, or training. These individuals often face unique challenges, and the foundation provides specialized support to help them navigate through these challenging times.

Secondly, the foundation extends its aid to the families of MARSOC personnel, offering assistance with health and welfare challenges. This support can range from financial aid to emotional and practical assistance, helping families to cope with the hardships that often accompany military service.

Thirdly, the Marine Raider Foundation honors the memory of fallen MARSOC personnel by supporting memorials and services that commemorate their sacrifices. These memorials serve as a reminder of the bravery and sacrifice of these individuals, and help to keep their memory alive.

Lastly, the foundation plays a crucial role in supporting the reintegration and transition of MARSOC personnel back into civilian life. This can be a challenging period, and the foundation provides assistance to help these individuals adjust to their new circumstances.

In essence, the Marine Raider Foundation is dedicated to supporting the MARSOC community, from those serving on the frontlines to their families and loved ones. Through its various programs and initiatives, the foundation provides a range of support services to help these individuals overcome the challenges they face, both during and after their military service.

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Impact




July, 2024

The Marine Raider Foundation has made a significant impact by providing benevolent support to active duty and medically retired "MARSOC" personnel and their families. In 2022 alone, the foundation was able to fund legacy/preservation projects, family resiliency support, raider support, and tragedy assistance/survivor support. This support has included funding various events, providing financial assistance during crises, funding professional resiliency events, and assisting wounded/ill/injured Raiders as well as Gold Star Families. This impactful work demonstrates the foundation's commitment to assisting MARSOC personnel in need and supporting the families of those who have sacrificed for our nation.




This information is meant to be a general summary of Marine Raider 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
$1,276,081 (2022)
Expenses
$1,274,262 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$108,261
  • Gross Receipts: $1,455,788

Assets and Liabilities:

  • Total Assets: $1,983,742
  • Total Liabilities: $21,825
  • Net Assets: $1,961,917

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Organization Details

Founding Year

2011

Principal Officer

Derek Herrera

Main Address

PO BOX 977, FISHERS, IN, 46038

NTEE Category

Code: W30 - Public benefit

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