Overview
What is United States Naval Academy Alumni Assoc?
The United States Naval Academy Alumni Association is a nonprofit organization situated in Annapolis, committed to serving and supporting the United States Naval Service, the Naval Academy, and its alumni. By upholding the highest standards, this association empowers young talent and contributes to the overall success of these institutions. The mission of the United States Naval Academy Alumni Association revolves around fostering strong connections and providing resources to enhance the impact of the United States Naval Academy and its graduates.
Official website here: www.usna.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The United States Naval Academy Alumni Association has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a perfect score of 100% in accountability and finance, the organization demonstrates strong governance and transparency practices, such as a majority of independent board members and comprehensive financial oversight.
The association excels in its financial management, boasting a program expense ratio of 77.92%, which signifies a substantial portion of its budget is directed towards its mission-related activities. Additionally, their fundraising efficiency is notable, costing only $0.03 to raise a dollar, showcasing effective resource utilization and a commitment to minimizing expenses.
There are no significant limitations or issues reported in the data, reinforcing the trustworthiness and effective operational standards of the organization. The absence of material diversion of assets and sound financial ratios further strengthen its standing as a reliable nonprofit dedicated to supporting its alumni and the broader naval community.
This AI summary has been generated from information found on Charity Navigator.
Is United States Naval Academy Alumni Assoc legitimate?
United States Naval Academy Alumni Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Naval Academy Alumni Assoc 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: $625,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,863,851
For more financial information, click here
Official website here: www.usna.com
What is the mission statement of United States Naval Academy Alumni Assoc?
The United States Naval Academy Alumni Association is dedicated to serving and supporting the United States, the Naval Service, the Naval Academy, and its alumni. They uphold the highest standards and empower young talent to make a positive impact. Based in Annapolis, the organization plays a crucial role in enhancing the Naval community by fostering connections and providing resources to its members. Through various initiatives, they contribute to the growth and success of the Naval Service and its alumni, ensuring a strong and supportive network for all.
Official website here: www.usna.com
Who is the CEO of United States Naval Academy Alumni Assoc?
Robert Gast is the Trustee of United States Naval Academy Alumni Assoc. The CEO's salary of United States Naval Academy Alumni Assoc is $228,429 and their total compensation is $620,276.
Official website here: www.usna.com
What is the revenue of United States Naval Academy Alumni Assoc?
United States Naval Academy Alumni Assoc's revenue in 2022 was $26,897,412.
Official website here: www.usna.com
Who are the executives of United States Naval Academy Alumni Assoc and what are their salaries?
The average compensation at United States Naval Academy Alumni Assoc during 2022 was $69,793. There are 50 employees and 50 volunteers at United States Naval Academy Alumni Assoc.
Here are 38 key members and their salaries (United States Naval Academy Alumni Assoc's CEO's salary is $228,429 and their total compensation is $620,276):
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- Compensation: $80,788
- Related: $98,740
- Other: $18,654
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- Compensation: $228,429
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- Compensation: $176,665
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- Other: $7,350
- Compensation: $143,214
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- Other: $27,428
Official website here: www.usna.com
Where can I find the form 990 for United States Naval Academy Alumni Assoc?
United States Naval Academy Alumni Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usna.com
Learn more at the official website: www.usna.com
Mission Statement of United States Naval Academy Alumni Assoc
The United States Naval Academy Alumni Association is a dedicated organization that serves and supports the United States, the Naval Service, the Naval Academy, and its alumni. Based on the information provided, this esteemed association upholds the highest standards and empowers young talent.
Located in Annapolis, the United States Naval Academy Alumni Association is committed to making a significant impact on various fronts. Primarily, it supports and serves the United States and the Naval Service by advocating for their interests and promoting their values. Additionally, it extends its support to the Naval Academy, ensuring its continued success and growth.
Moreover, the United States Naval Academy Alumni Association takes pride in serving and empowering its alumni. By upholding the highest standards, the association creates an environment that fosters the development of young talent and nurtures their potential. The association's mission goes beyond just providing support; it seeks to make a difference in the lives of its members and the broader community.
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Impact
October, 2024
The United States Naval Academy Alumni Association plays a vital role in serving and supporting the United States, its Naval Service, and the Naval Academy community. By upholding the highest standards of integrity and excellence, the organization fosters a culture of leadership and professionalism among its members and beyond.
It empowers young talent through mentorship programs, scholarships, and networking opportunities, ensuring that the next generation of leaders is well-equipped to meet the challenges of serving their country. The Association also facilitates connections among alumni, creating a strong and supportive network that enhances both personal and professional growth.
In addition to individual support, the Association actively engages in initiatives that promote the interests of the Naval Academy and the broader naval community, advocating for policies and programs that advance the mission of the Navy and its core values. Its presence in Annapolis serves as a hub for collaboration and innovation, furthering the Academy's legacy of excellence and commitment to service.
This information is meant to be a general summary of United States Naval Academy Alumni Assoc. 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: $7,714,968
- Program Service Revenue: $1,742,222
- Gross Receipts: $98,188,723
Assets and Liabilities:
- Total Assets: $136,310,345
- Total Liabilities: $11,379,857
- Net Assets: $124,930,488
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAREER TRANSITION SERV
Revenue
$810,528
LIFE MEMBER AMORTIZATI
Revenue
$670,903
PUBLICATIONS & ADVERTI
Revenue
$151,076
MEMBERSHIP DUES
Revenue
$109,715
Organization Details
Founding Year
1947
Phone
(410) 295-4000Principal Officer
Robert Gast
Main Address
247 KING GEORGE STREET, ANNAPOLIS, MD, 214025068
Website
www.usna.comNTEE Category
Code: B840 - Education
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