Overview
What is Navy-Marine Corps Relief Society?
The Navy-Marine Corps Relief Society is a nonprofit organization based in Arlington, Virginia. They provide financial assistance to active duty and retired Navy and Marine Corps members, dependents, and survivors in times of need. Their mission, in partnership with the Navy and Marine Corps, is to offer financial, educational, and other forms of aid to eligible beneficiaries. They administer these programs by managing and receiving designated funds. With a workforce of 222 employees, the Navy-Marine Corps Relief Society strives to support members of the United States Naval Service and their families when facing financial difficulties.
Official website here: www.nmcrs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
The Navy-Marine Corps Relief Society has earned an exceptional Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With scores of 100 in both Accountability & Finance and Culture & Community, the organization demonstrates its commitment to transparency and effective governance. Notably, 95% of its board members are independent, ensuring that it operates with integrity and in alignment with its mission.
User feedback showcases a mix of experiences. Many clients and volunteers praise the Society for its critical support to military families, highlighting its emergency financial assistance and dedicated programs like the Visiting Nurse initiative. Volunteers report a sense of family and commitment among those involved, suggesting a supportive organizational culture. However, a few negative reviews point out personal challenges with loan requests, indicating that experiences may vary significantly depending on individual circumstances.
Overall, the Navy-Marine Corps Relief Society stands out for its efficient use of donations, providing approximately $4 in assistance for every dollar donated. While the majority of feedback is overwhelmingly positive, the organization may benefit from addressing specific client concerns to ensure all service members feel supported during their times of need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Navy-Marine Corps Relief Society legitimate?
Navy-Marine Corps Relief Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Navy-Marine Corps Relief Society 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: $1,489,305
Professional Fundraising Fees: $168,650
Other Salaries and Wages: $11,747,498
For more financial information, click here
Official website here: www.nmcrs.org
What is the mission statement of Navy-Marine Corps Relief Society?
The Navy-Marine Corps Relief Society is a non-profit organization dedicated to offering assistance to members of the United States Navy and Marine Corps, as well as their eligible family members and survivors. In collaboration with the Navy and Marine Corps, the Society provides a range of services, including financial aid, educational resources, and other forms of support, to those in need. The Society's mission is to administer these programs using funds it receives and manages. The Financial Assistance Program is a key component of the Society's offerings, providing interest-free loans and grants to active duty and retired Navy and Marine Corps members, along with their dependents and survivors, based on their financial requirements.
Official website here: www.nmcrs.org
Who is the CEO of Navy-Marine Corps Relief Society?
Ltgen Robert R Ruark Usmc Ret is the CEO of Navy-Marine Corps Relief Society The CEO's salary of Navy-Marine Corps Relief Society is $271,728 and their total compensation is $292,654.
Official website here: www.nmcrs.org
What is the revenue of Navy-Marine Corps Relief Society?
Navy-Marine Corps Relief Society's revenue in 2023 was $31,123,178.
Official website here: www.nmcrs.org
Who are the executives of Navy-Marine Corps Relief Society and what are their salaries?
The average compensation at Navy-Marine Corps Relief Society during 2023 was $61,854. There are 214 employees and 4000 volunteers at Navy-Marine Corps Relief Society.
Here are 48 key members and their salaries (Navy-Marine Corps Relief Society's CEO's salary is $271,728 and their total compensation is $292,654):
- Compensation: $271,728
- Related: $0
- Other: $20,926
- Compensation: $258,555
- Related: $0
- Other: $23,954
- Compensation: $153,011
- Related: $0
- Other: $104,115
- Compensation: $185,198
- Related: $0
- Other: $54,263
- Compensation: $121,041
- Related: $0
- Other: $95,955
- Compensation: $193,581
- Related: $0
- Other: $18,209
- Compensation: $193,449
- Related: $0
- Other: $15,038
- Compensation: $152,740
- Related: $0
- Other: $55,256
- Compensation: $190,786
- Related: $0
- Other: $14,888
- Compensation: $151,560
- Related: $0
- Other: $53,757
- Compensation: $156,462
- Related: $0
- Other: $12,222
- Compensation: $69,201
- Related: $0
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Official website here: www.nmcrs.org
Where can I find the form 990 for Navy-Marine Corps Relief Society?
Navy-Marine Corps Relief Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nmcrs.org
Learn more at the official website: www.nmcrs.org
Mission Statement of Navy-Marine Corps Relief Society
The Navy-Marine Corps Relief Society is a non-profit organization dedicated to offering financial, educational, and other forms of assistance to members of the United States Naval Service, eligible family members, and survivors in times of need. In collaboration with the Navy and Marine Corps, the Society receives and manages funds to administer these programs.
At the heart of the Navy-Marine Corps Relief Society's mission lies the provision of interest-free loans and grants to active duty and retired Navy and Marine Corps members, their dependents, and survivors. Financial need is the primary consideration for extending this assistance. The Society's goal is to help alleviate the burden of unexpected expenses, ensuring that those who serve our country can focus on their duties and family without the added stress of financial hardships.
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Impact
October, 2024
The Navy-Marine Corps Relief Society has a significant impact on the lives of service members, their families, and survivors. By providing essential financial assistance through interest-free loans and grants, it addresses the immediate needs of active duty and retired Navy and Marine Corps personnel and their dependents during challenging times. This support alleviates financial stress, enabling individuals to focus on their service and well-being rather than overwhelming financial burdens.
In addition to financial aid, the Society plays a crucial role in educational assistance and resource management, facilitating programs that enhance the quality of life for its beneficiaries. The partnership with the Navy and Marine Corps ensures that the Society is well-equipped to respond effectively to the unique challenges faced by military families. Through its comprehensive support programs, the Navy-Marine Corps Relief Society fosters resilience and stability, making a lasting difference in the military community.
This information is meant to be a general summary of Navy-Marine Corps Relief Society. 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 2023.
- Investment Income: $1,486,152
- Program Service Revenue: $11,040
- Gross Receipts: $43,642,747
Assets and Liabilities:
- Total Assets: $129,000,839
- Total Liabilities: $14,852,651
- Net Assets: $114,148,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIPS
Revenue
$11,040
Organization Details
Founding Year
1904
Principal Officer
Robert R Ruark
Website
www.nmcrs.orgNTEE Category
Code: W300 - Public benefit
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