Overview
What is The Retired Enlisted Association Memorial Fund?
The Retired Enlisted Association Memorial Fund is a nonprofit organization, previously based in Centennial, Colorado. Its primary mission was to aid and represent fellow veterans and their families in times of need, safeguarding their rights and interests. The organization's activities were centered around providing support in various legitimate ways when needed. Despite ceasing operations in May 2019, there were no program expenses recorded in 2020. However, necessary expenditures for dissolution were incurred that year.
Official website here: www.trea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
The Retired Enlisted Association Memorial Fund has received a 63% rating from Charity Navigator, reflecting an average performance in accountability and financial management. A notable concern is the complete lack of independent board members, which is critical for ensuring transparency and oversight. While the organization has managed to maintain a good program expense ratio of 82.35%, indicating that a significant portion of expenses is directed toward its mission, the absence of key governance policies raises questions about its operational integrity.
Additionally, user feedback from Great Nonprofits highlights dissatisfaction with the charity's fundraising methods. A volunteer expressed a strong negative opinion about the practice of soliciting donations through checks, indicating a disconnect between the organization's outreach strategies and public expectations. Such feedback, combined with the low rating on board independence and missing policies, suggests that there is room for improvement in both governance and donor engagement.
While the organization does demonstrate some strengths in managing its program expenses and avoiding material asset diversion, the overall governance issues and negative public perception signify the need for greater accountability and more effective communication with potential donors.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Retired Enlisted Association Memorial Fund legitimate?
The Retired Enlisted Association Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Retired Enlisted Association Memorial Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.trea.org
What is the mission statement of The Retired Enlisted Association Memorial Fund?
The Retired Enlisted Association Memorial Fund's mission is to provide assistance to fellow veterans and their families in times of need and distress, in a legitimate and appropriate manner. The organization also represents veterans when matters concerning their rights and interests are under evaluation.
Official website here: www.trea.org
Who is the CEO of The Retired Enlisted Association Memorial Fund?
Debbie Osborne is the Director Ope of The Retired Enlisted Association Memorial Fund.
Official website here: www.trea.org
What is the revenue of The Retired Enlisted Association Memorial Fund?
The Retired Enlisted Association Memorial Fund's revenue in 2020 was $0.
Official website here: www.trea.org
Who are the executives of The Retired Enlisted Association Memorial Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $96,046
- Other: $5,859
Official website here: www.trea.org
Where can I find the form 990 for The Retired Enlisted Association Memorial Fund?
The Retired Enlisted Association Memorial Fund's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.trea.org
Learn more at the official website: www.trea.org
Mission Statement of The Retired Enlisted Association Memorial Fund
The Retired Enlisted Association Memorial Fund, in its mission, aims to support and advocate for fellow veterans and their families in times of both fortune and distress. This nonprofit organization strives to represent veterans' rights and interests when matters affecting them are under evaluation. Its primary goal is to lend a helping hand to veterans in various legitimate ways, ensuring they receive the assistance they need during their periods of need. The organization's mission is carried out with utmost dedication, prioritizing the well-being and rights of its fellow veterans. Unfortunately, as of May 25, 2019, the organization ceased its operations. Despite this, in 2020, limited activities were conducted to facilitate its dissolution, with no program expenses incurred during that year.
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Impact
October, 2024
The Retired Enlisted Association Memorial Fund aimed to support veterans and their families facing financial hardships and challenges. Its mission focused on assisting those in distress and representing their rights and interests during evaluations of matters affecting them. By providing this support, the organization sought to ensure that retired enlisted personnel received the help they needed in difficult times, highlighting a commitment to the well-being of those who served.
However, as of May 25, 2019, the organization ceased operations, and there were no program expenses recorded in 2020, with activity limited to necessary expenditures for dissolution. This conclusion marked the end of a dedicated effort to advocate for and assist veterans, diminishing the resources available for those in need at a critical time in their lives. The cessation of operations has left a gap in services for veterans and their families who rely on such support for their ongoing rights and interests.
This information is meant to be a general summary of The Retired Enlisted Association Memorial Fund. 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 2020.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1990
Phone
(303) 752-0660Principal Officer
Debbie Osborne
Main Address
12200 E BRIARWOOD AVE 250, CENTENNIAL, CO, 80122
Website
www.trea.orgNTEE Category
Code: P50 - Human services
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