2024-05-01T16:17:18-04:00 2023-12-31 933523116 CAVANAGH CPAS & ASSOCIATES LLC 2346 POST RD SUITE 204 WARWICK RI 02886 990 2023-01-01 061354978 US COAST GUARD ACADEMY ALUMNI ASSOCIATION INC UNIT 8604422683 47 MOHEGAN AVENUE NEW LONDON CT 06320 ANDREA MARCILLE PRESIDENT 8604422683 2024-04-29 true MARCILLE ANDREA 999009999 false PAUL J CAVANAGH P01340236 4016163700 2024-04-29 2023 2023-04-26 12:10:37Z ANDREA MARCILLE 47 MOHEGAN AVENUE NEW LONDON CT 06320 11838241 false X WWW.CGAALUMNI.ORG X 1992 CT THE ORGANIZATION'S PURPOSE IS TO PROVIDE SERVICES AND PROMOTE FELLOWSHIP AMONG ITS MEMBERS. THE ORGANIZATION SHALL RAISE FUNDS TO PROVIDE "MARGIN OF EXCELLENCE" SUPPORT FOR THE CORPS OF CADETS (PRESENT DAY STUDENTS) AS COAST GUARD OFFICERS AND CIVILIAN EXMPLOYEES ARE PROHIBITED BY THE LAW FROM SEEKING FUNDS BEYOND WHAT IS APPROPRIATED BY CONGRESS. THE ASSOCIATION IS A 501(C)(3) AND ALSO SERVES TO PRESERVE TRADITIONS AND ENHANCE THE REPUTATION OF THE ACADEMY AS IT CARRIES OUT THE ABOVE FUNCTIONS. 17 17 14 0 7955722 7011340 0 352273 643742 296745 224868 8604740 7879950 14593270 5954040 0 1527700 1616150 0 1021732 2056340 1915020 18177310 9485210 -9572570 -1605260 41555636 43324543 3823990 3653185 37731646 39671358 X ORGANIZATION SHALL RAISE FUNDS TO PROVIDE "MARGIN OF EXCELLENCE" SUPPORT FOR THE CORPS OF CADETS (PRESENT DAY STUDENTS) AS COAST GUARD OFFICERS AND CIVILIAN EXMPLOYEES ARE PROHIBITED BY THE LAW FROM SEEKING FUNDS BEYOND WHAT IS APPROPRIATED BY CONGRESS. THE ASSOCIATION IS A 501(C)(3) AND ALSO SERVES TO PRESERVE TRADITIONS AND ENHANCE THE REPUTATION OF THE ACADEMY AS IT CARRIES OUT THE ABOVE FUNCTIONS. false false 5954040 5954040 PROVIDES DIRECT SUPPORT TO THE COAST GUARD ACADEMY FOR VARIOUS PROJECTS IN MAJOR CATEGORIES SUCH AS ACADEMIC ENRICHMENT, CADET ACTIVITIES, ATHLETICS AND CAPITAL IMPROVEMENT PROJECTS IN VARIOUS ACADEMY BUILDINGS. 1604861 OPERATING EXPENSES ALLOCATED TO VARIOUS PROJECTS IN THE CATEGORIES LISTED ABOVE WHICH PROVIDE ADMINISTRATIVE SUPPORT TO PROCESS AND DISTRIBUTE THE FUNDS NEEDED TO DO THE SAME. 58536 HOST OF HOMECOMING WEEKEND EACH YEAR FOR CLASSES. THIS ANNUAL FRIEND- RAISING SERIES OF EVENTS SOLIDIFIES ALUMNI WITH THEIR ALMA MATER AND PROVIDES THE OPPORTUNITY TO RECONNECT WITH OTHER GRADUATES WITH WHOM THEY SERVED ON ACTIVE DUTY IN THE COAST GUARD. 130039 PREPARE BI-MONTHLY MAGAZINE, MONTHLY E-NEWSLETTER AND ANNUAL DIRECTORY AND DISTRIBUTE SAME TO DUES PAYING MEMBERS. THESE ARE THE MEANS BY WHICH THE ASSOCIATION KEEPS ALUMNI CONNECTED TO THE INSTITUTION ON A REGULAR BASIS. 130039 7747476 true true false false false false false false false true true true false false true true true false false false false false false false false false false true false true false false false false false false false false true false false false false false false false false true 18 0 true 14 true false false false false false true true false false false false false false false X 17 17 false false false false true true true true true false false true true true true true true true true false X X ANDREA MARCILLE 8604422683 47 MOHEGAN AVENUE NEW LONDON CT 06320 RADM FRED AMES DIRECTOR 1.00 X 0 0 0 CAPT KIRSTEN MARTIN VICE CHAIR 1.00 X X 0 0 0 LCDR PHILIP BAXA DIRECTOR 1.00 X 0 0 0 LTJG ZACHARY BAGDON DIRECTOR 1.00 X 0 0 0 MR JAMES J SMITH CHAIR 1.00 X X 0 0 0 CAPT CHARLENE DOWNEY DIRECTOR 1.00 X 0 0 0 LCDR STEWART L SIBERT SECRETARY 1.00 X X 0 0 0 CAPT ERIN E WILLIAMS DIRECTOR 1.00 X 0 0 0 MR SEAN BENNETT DIRECTOR 1.00 X 0 0 0 MR EARL A BURNS DIRECTOR 1.00 X 0 0 0 LCDR LAUREN GILLIKIN DIRECTOR 1.00 X 0 0 0 MR LEE M ROSENBAUM TREASURER 1.00 X X 0 0 0 MR TIMOTHY ATKIN DIRECTOR 1.00 X 0 0 0 LCDR KEVIN KEEFE DIRECTOR 1.00 X 0 0 0 CAPT GREGORY SANIAL DIRECTOR 1.00 X 0 0 0 MR JOHN DILUNA DIRECTOR 1.00 X 0 0 0 CDR JENNY KONON DIRECTOR 1.00 X 0 0 0 ANDREA MARCILLE PRESIDENT 40.00 X 161196 0 14873 ROBERT MCKENNA VP, DEVELOPM 40.00 X 141685 0 13883 SUSAN KENYON DIR. OF MAJO 40.00 X 112651 0 19673 TARA KING CLARK VP OF COMMUN 40.00 X 118559 0 11463 534091 59892 4 false true false METCALF FACILITIES GROUP LLC 17 BEECH TREE ROAD RUMFORD RI 02916 PROJECT MANGMT 101700 1 580356 6430984 1231226 7011340 682625 682625 18190 18190 18190 18190 3918563 3957446 -38883 -38883 -38883 8853 845 8008 8008 MISC INCOME 188670 188670 AFFINITY INCOME 10000 10000 198670 7879950 -30875 899485 5954040 5954040 331637 175768 49745 106124 1024847 543169 153727 327951 65027 34464 9754 20809 99612 52794 14942 31876 95027 50364 14254 30409 52810 52810 9912 9912 376412 199498 56462 120452 5815 5815 35862 19007 5379 11476 161804 161804 138589 138589 39388 20876 5908 12604 BAD DEBTS 354348 354348 ALL OTHER 280675 148758 42101 89816 FUNDRAISING 270215 270215 ALUMNI BULLETIN AND DIR 130039 130039 59151 58536 615 9485210 7747476 716002 1021732 501022 765912 3288603 1712565 16484 9242 41364 41364 5330592 2620279 2825439 2710313 26911464 30546804 7906604 7465002 64656 73341 41555636 43324543 670214 225207 2234103 2289335 919673 1138643 3823990 3653185 X 3468952 2777237 34262694 36894121 37731646 39671358 41555636 43324543 X -1605260 3656569 -111597 X false true X true false X 8984672 5097711 9881886 7955722 7011340 38931331 8984672 5097711 9881886 7955722 7011340 38931331 38931331 748811 680263 1206620 690540 700815 4027049 2935 13640 13640 30215 109423 33295 2136 274782 198670 618306 43606901 42556 0.89280 0.88700 X PART II, LINE 10 AFFINITY INCOME 50,000 OTHER INCOME 468,136 SPECIAL EVENTS 100,170 SUPPLEMENTAL INFORMATION AFFINITY INCOME 2019 AMOUNT: 0 2020 AMOUNT: 20,000 2021 AMOUNT: 10,000 2022 AMOUNT: 10,000 2023 AMOUNT: 10,000 OTHER INCOME 2019 AMOUNT: 9,253 2020 AMOUNT: 13,295 2021 AMOUNT: -7,864 2022 AMOUNT: 264,782 2023 AMOUNT: 188,670 SPECIAL EVENTS 2019 AMOUNT: 100,170 2020 AMOUNT: 0 2021 AMOUNT: 0 2022 AMOUNT: 0 2023 AMOUNT: 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27799949 349479 3979305 588125 440367 391244 30708997 35426459 203327 -4015983 600627 2810425 402802 27799949 31978113 302702 5922392 536019 1765714 475015 35426459 28712117 873281 3061953 272009 397229 31978113 22755599 2076887 4880814 628649 372534 28712117 0.02100 0.65000 0.32900 true false 4813113 2184460 2628653 116424 108375 8049 401055 327444 73611 2710313 HEDGE FUNDS 3763328 F PRIVATE EQUITY FUNDS 2213250 F REAL ESTATE 1374050 F INTEREST RATE SWAP 114374 F 7465002 FIDUCIARY LIABILITIES 537582 DEFERRED MEMBERSHIP DUES 474141 ANNUITY PAYMENTS DUE 126920 1138643 X 11711459 3656569 174095 3830664 7880795 -845 -845 7879950 9771747 285692 845 286537 9485210 9485210 SCHEDULE D, PAGE 2, PART V, LINE 4 PROVIDE "MARGIN OF EXCELLENCE SUPPORT" TO THE COAST GUARD ACADEMY TO FACILITATE A MORE ENRICHING EXPERIENCE FOR STUDENTS IN THE AREAS OF ACADEMICS, ATHLETICS AND STUDENT ACTIVITIES. SCHEDULE D, PAGE 3, PART X THE ASSOCIATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2022. THE ASSOCIATION FILES FEDERAL AND STATE OF CONNECTICUT EXEMPT ORGANIZATION RETURNS, WHICH REPRESENT THE MAJOR TAX JURISDICTIONS OF THE ASSOCIATION. THE ASSOCIATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. THE ASSOCIATION'S INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED WITH EACH TAXING JURISDICTION. SCHEDULE D, PAGE 4, PART XI, LINE 4B COST OF GOODS SOLD -845 DIRECT FUNDRAISING EXPENSE 0 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT FUNDRAISING EXPENSE 0 COST OF GOODS SOLD 845 true UNITED STATES COAST GUARD ACADEMY 33 MOHEGAN AVENUE NEW LONDON CT 06320 546010204 501C3 5954040 PROVIDES DIRECT SUPP 1 SCHEDULE I, PAGE 4, PART IV (H) PURPOSE OF GRANT OR ASSISTANCE: PROVIDES DIRECT SUPPORT TO THE COAST GUARD ACADEMY FOR VARIOUS PROJECTS IN MAJOR CATEGORIES SUCH AS ACADEMIC ENRICHMENT, CADET ACTIVITIES, ATHLETICS AND CAPITAL IMPROVEMENT PROJECTS IN VARIOUS ACADEMY BUILDINGS. X X X X false false false false false false false false false ANDREA MARCILLE PRESIDENT 161196 14873 176069 ROBERT MCKENNA VP, DEVELOPMENT 141685 13883 155568 X 7 77231 FMV X AUCTION & OTHER 20 1153995 FMV false false false SCHEDULE M, PAGE 2, PART II SCHEDULE M, PART 1, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990 - ORGANIZATION'S MISSION ORGANIZATION SHALL RAISE FUNDS TO PROVIDE "MARGIN OF EXCELLENCE" SUPPORT FOR THE CORPS OF CADETS (PRESENT DAY STUDENTS) AS COAST GUARD OFFICERS AND CIVILIAN EXMPLOYEES ARE PROHIBITED BY THE LAW FROM SEEKING FUNDS BEYOND WHAT IS APPROPRIATED BY CONGRESS. THE ASSOCIATION IS A 501(C)(3) AND ALSO SERVES TO PRESERVE TRADITIONS AND ENHANCE THE REPUTATION OF THE ACADEMY AS IT CARRIES OUT THE ABOVE FUNCTIONS. FORM 990, PAGE 2, PART III, LINE 4D PREPARE BI-MONTHLY MAGAZINE, MONTHLY E-NEWSLETTER AND ANNUAL DIRECTORY AND DISTRIBUTE SAME TO DUES PAYING MEMBERS. THESE ARE THE MEANS BY WHICH THE ASSOCIATION KEEPS ALUMNI CONNECTED TO THE INSTITUTION ON A REGULAR BASIS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS PAY ANNUAL DUES TO BE CONSIDERED "ACTIVE- AND BE ENTITLED TO ALL BENEFITS AND VOTING PRIVILEGES. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS VOTE ON THE SLATE OF 4 DIRECTORS PUT FORTH BY THE NOMINATING COMMITTEE ON AN ANNUAL BASIS. MEMBERS MAY ALSO SUBMIT WRITE-IN CANDIDATES. FORM 990, PAGE 6, PART VI, LINE 7B ANY CHANGES MADE TO THE CONSTITUTION MUST BE VOTED ON BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER PRIOR TO FILING WITH THE IRS. COPIES OF THE FILED RETURN ARE PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY, AND; 3. HAS AGREED TO COMPLY WITH THE POLICY. ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS ARE TO BE DISCLOSED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT OF THE ASSOCIATION IS THE PRINCIPAL REPRESENTATIVE OF THE ASSOCIATION, AND THE PERSON RESPONSIBLE FOR THE EFFICIENT OPERATION OF THE ORGANIZATION. THEREFORE, IT IS THE DESIRE OF THE ASSOCIATION TO PROVIDE A FAIR YET REASONABLE AND NOT EXCESSIVE COMPENSATION FOR THE PRESIDENT AND ANY OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS. IN ADDITION, THE ASSOCIATION WISHES TO ENSURE ITS COMPENSATION STRUCTURE IS FREE FROM ANY ACTUAL OR PERCEIVED PAY DISPARITIES BASED ON PROTECTED CLASSES. HIGHLY COMPENSATED EMPLOYEES INCLUDE ANY PERSONS RECEIVING TOTAL COMPENSATION GREATER THAN ONE-HUNDRED THOUSAND DOLLARS ANNUALLY. THE ASSOCIATION VIEWS COMPENSATION AS SALARY, BENEFITS, AND PERFORMANCE AND OTHER AWARDS. THE BOARD OF DIRECTORS HAS BY POLICY DELEGATED ANNUAL SALARY COST-OF-LIVING ADJUSTMENTS (COLA) TO THE PRESIDENT. THE ASSOCIATION DEVELOPS AND EVALUATES THE CRITERIA TO DETERMINE COMPENSATION FOR THE PRESIDENT AND OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS, THE FOLLOWING ARE CONSIDERED THROUGHOUT ALL DISCUSSIONS: ENSURING THE ASSOCIATION'S ABILITY TO ATTRACT AND RETAIN TALENT; SUPPORTING THE ANNUAL BUDGET PROCESS; ENSURING THE ASSOCIATION'S OVERHEAD RATE MEETS THE EXPECTATIONS OF OUR MEMBERSHIP AND EXTERNAL NON-PROFIT EVALUATORS. THE PROCESS FOR DETERMINING THE COMPENSATION ARRANGEMENTS FOR THE PRESIDENT WILL CONFORM WITH THE OPTIONAL PROCEDURE CREATING A "REBUTTABLE PRESUMPTION" SET FORTH IN TREASURY REGULATION SECTION 53.4958-6. ACCORDINGLY, THE FOLLOWING CONDITIONS WILL BE MET: THE PROCESS FOR DETERMINING FAIR AND EQUITABLE COMPENSATION WILL BE CONDUCTED ANNUALLY; RELIANCE ON COMPARABLE DATA; APPROVAL BY THE BOARD OF DIRECTORS; AND THE BOARD SHALL ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATION AND COMPLIANCE WITH THE FIRST TWO CONDITIONS PRESENTED IMMEDIATELY ABOVE AND TREASURY REGULATION SECTION 53-4958-6. THE PROCESS FOR DETERMINING COMPENSATION FOR THE OTHER HIGHLY COMPENSATED EMPLOYEES ON THE ASSOCIATION STAFF INCLUDES THE FOLLOWING: A PROCESS FOR EVALUATING AND DETERMINING COMPENSATION AND WILL BE CONDUCTED AT LEAST EVERY TWO YEARS; THE PRESIDENT IS RESPONSIBLE FOR EVALUATING AND DOCUMENTING THE PERFORMANCE OF THE OTHER HIGHLY COMPENSATED EMPLOYEES ANNUALLY; AND A DOCUMENTED REVIEW WILL BE CONDUCTED BY THE PRESIDENT, BOARD CHAIR AND COMPENSATION COMMITTEE FOR COMPENSATION RECOMMENDATIONS MADE BY SUPERVISORS. INDEPENDENCE IN SETTING COMPENSATION: THE BOARD CHAIR, WHO IS A VOLUNTEER AND NOT COMPENSATED BY THE ASSOCIATION, WILL OPERATE INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE PRESIDENT. THE COMPENSATION COMMITTEE REPORTS DIRECTLY TO THE BOARD CHAIR AND ITS ROLES AND RESPONSIBILITIES ARE ADDRESSED IN THE USCGAAA COMPENSATION COMMITTEE CHARTER. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING COMPENSATION FOR THE OTHER HIGHLY COMPENSATED EMPLOYEES ON THE ASSOCIATION STAFF INCLUDES THE FOLLOWING: A PROCESS FOR EVALUATING AND DETERMINING COMPENSATION AND WILL BE CONDUCTED AT LEAST EVERY TWO YEARS; THE PRESIDENT IS RESPONSIBLE FOR EVALUATING AND DOCUMENTING THE PERFORMANCE OF THE OTHER HIGHLY COMPENSATED EMPLOYEES ANNUALLY; AND A DOCUMENTED REVIEW WILL BE CONDUCTED BY THE PRESIDENT, BOARD CHAIR AND COMPENSATION COMMITTEE FOR COMPENSATION RECOMMENDATIONS MADE BY SUPERVISORS. INDEPENDENCE IN SETTING COMPENSATION: THE BOARD CHAIR, WHO IS A VOLUNTEER AND NOT COMPENSATED BY THE ASSOCIATION, WILL OPERATE INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE PRESIDENT. THE COMPENSATION COMMITTEE REPORTS DIRECTLY TO THE BOARD CHAIR AND ITS ROLES AND RESPONSIBILITIES ARE ADDRESSED IN THE USCGAAA COMPENSATION COMMITTEE CHARTER. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC BY POSTING THESE DOCUMENTS TO THEIR WEBSITE. FORM 990, PART XI, LINE 9 COST OF GOODS SOLD 845 DIRECT FUNDRAISING EXPENSE 0 DIRECT FUNDRAISING EXPENSE 0 COST OF GOODS SOLD -845