Overview
What is Hampton Roads Society Of American Military Engineers?
The Hampton Roads Society of American Military Engineers is a nonprofit organization situated in Virginia Beach, Virginia. Their primary focus is on awarding scholarships to support college students pursuing degrees in architecture, engineering, or engineering-related programs. Beyond scholarly assistance, their mission is to promote and facilitate engineering support for national security. They achieve this by cultivating and strengthening relationships and competencies among uniformed services, public and private sector engineers, and related professionals. This collaboration aims to enhance the overall engineering capabilities and security of the nation.
Official website here: www.same.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Hampton Roads Society of American Military Engineers has received a low rating of 57%, indicating significant issues in its accountability and finance practices. The score is derived solely from its Accountability & Finance metrics, where the organization received strong marks for its independent board members and lack of asset diversion. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy has greatly impacted its overall evaluation.
The organization does maintain a fully independent board and has reported a healthy liabilities to assets ratio of 9.15%, suggesting financial stability. However, the program expense ratio is less favorable at 54.44%, which indicates that a sizable portion of resources may not be directly invested in programs and services. Additionally, the failure to post its tax forms on its website raises concerns about transparency.
In summary, while the Hampton Roads Society of American Military Engineers demonstrates strong governance through its independent board structure, critical gaps in policy implementation and transparency hinder its performance rating. Potential donors and supporters may wish to consider these factors when evaluating the organization's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Hampton Roads Society Of American Military Engineers legitimate?
Hampton Roads Society Of American Military Engineers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hampton Roads Society Of American Military Engineers 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:
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Official website here: www.same.org
What is the mission statement of Hampton Roads Society Of American Military Engineers?
The Hampton Roads Society of American Military Engineers is dedicated to promoting and facilitating engineering support for national security. They achieve this by fostering and enhancing relationships and competencies among uniformed services, engineers from the public and private sectors, and related professionals. Their mission is centered around developing a collaborative network to strengthen engineering capabilities for national security needs. Additionally, the society awards scholarships to support college students pursuing degrees in architecture, engineering, or engineering-related programs.
Official website here: www.same.org
Who is the CEO of Hampton Roads Society Of American Military Engineers?
Capt John Barresi is the President of Hampton Roads Society Of American Military Engineers.
Official website here: www.same.org
What is the revenue of Hampton Roads Society Of American Military Engineers?
Hampton Roads Society Of American Military Engineers's revenue in 2022 was $45,194.
Official website here: www.same.org
Who are the executives of Hampton Roads Society Of American Military Engineers and what are their salaries?
Here are 41 key members and their salaries:
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Official website here: www.same.org
Where can I find the form 990 for Hampton Roads Society Of American Military Engineers?
Hampton Roads Society Of American Military Engineers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.same.org
Learn more at the official website: www.same.org
Mission Statement of Hampton Roads Society Of American Military Engineers
The Hampton Roads Society of American Military Engineers is committed to promoting and facilitating engineering support for national security. This is achieved by developing and enhancing relationships and competencies among uniformed services, public and private sector engineers, and related professionals. By doing so, the organization aims to contribute to the broader goal of national security, leveraging the collective expertise and resources of these various groups. This mission aligns with the Society's belief in the importance of collaboration and knowledge sharing across sectors, as they work towards strengthening the engineering capabilities that underpin national security. The organization's efforts in this regard are not limited to any particular geographical location, making it a valuable resource in the broader engineering and national security communities.
In addition to its mission, Hampton Roads Society of American Military Engineers also supports college students pursuing degrees in architecture, engineering, or engineering-related programs through the awarding of scholarships. This initiative underscores the organization's commitment to nurturing the next generation of engineers and ensuring that they have the necessary skills and knowledge to contribute to national security in the future. By investing in the education of young engineers, the Society is not only ensuring a steady supply of talent for the engineering field but also contributing to the long-term strength and security of the nation. This scholarships program is a testament to the organization's belief in the power of education and its role in driving innovation and progress in the field of engineering.
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Impact
August, 2024
Hampton Roads Society Of American Military Engineers directly impacts national security by promoting and facilitating engineering support for the military. Through the development and enhancement of relationships and competencies among uniformed services, public and private sector engineers, and related professionals, the organization plays a crucial role in strengthening the capabilities of those involved in national defense.
Additionally, the Society awards scholarships to support college students pursuing degrees in architecture, engineering, or engineering-related programs. By investing in the education and development of future engineers, Hampton Roads Society Of American Military Engineers is contributing to the growth and excellence of the engineering field, especially in the context of national security.
Overall, the organization's work has a significant impact on both the engineering community and national security efforts, making it a key player in advancing the interests of public benefit.
This information is meant to be a general summary of Hampton Roads Society Of American Military Engineers. 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: -$74,682
- Gross Receipts: $68,637
Assets and Liabilities:
- Total Assets: $524,108
- Total Liabilities: $47,985
- Net Assets: $476,123
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Organization Details
Founding Year
1920
Principal Officer
Capt John Barresi
Main Address
PO BOX 66115, VIRGINIA BEACH, VA, 23466
Website
www.same.orgNTEE Category
Code: W03 - Public benefit
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