2024-11-07T10:56:29-06:00 2023-12-31 640654714 ALEXANDER VAN LOON SLOAN LEVENS & FAVRE 9490 THREE RIVERS ROAD GULFPORT MS 39503 990 2023-01-01 520910325 NAVY SEABEE FOUNDATION NAVY 7036907672 PO BOX 391 SPRINGFIELD VA 22150 DAN MILLER EXECUTIVE DIRECTOR 7036907672 2024-11-07 1 0 MEGAN H MILLS CPA P01250504 2288630411 2024-11-07 2023 2024-10-15 13:58:12Z DAN MILLER PO BOX 391 SPRINGFIELD VA 22150 2803293 0 X WWW.SEABEE.ORG X 1970 DC THE ORGANIZATION'S MISSION IS TO PRESERVE AND PROTECT THE HISTORY AND LEGACY OF THE U.S. NAVY SEABEES AND THE U.S. NAVY CIVIL ENGINEER CORPS. THE FOUNDATION ACCOMPLISHES ITS MISSION BY GRANTING SCHOLARSHIPS TO DESERVING FAMILY MEMBERS OF SEABEES, CEC OFFICERS, AND THOSE WHO SERVED WITH THE NAVAL CONSTRUCTION FORCE. ADDITIONALLY, THE FOUNDATION SUPPORTS THE U.S. NAVY SEABEE MUSEUM AS WELL AS OTHER MONUMENTS, MEMORIALS, AND OTHER HERITAGE SITES DEDICATED TO THE U.S. NAVY SEABEES. 29 29 3 250 0 0 1287276 948140 0 0 406266 527545 122971 109759 1816513 1585444 263994 508494 0 0 153689 213619 0 0 69306 206398 191572 624081 913685 1192432 671759 10678670 14163015 45113 18946 10633557 14144069 X PROVIDE SCHOLARSHIPS AND ENSURES THAT THE PROUD HERITAGE AND RICH HISTORY OF THE NAVY'S CIVIL ENGINEER CORPS (CEC) AND MILITARY CONSTRUCTION FORCE, THE SEABEES, ARE PROPERLY DOCUMENTED, PRESERVED, AND MAINTAINED. 1 0 589389 508494 THE FOUNDATION PROVIDES SCHOLARSHIP GRANTS TO SONS, DAUGHTERS AND GRANDCHILDREN OF INDIVIDUALS WHO HAVE SERVED IN THE U.S. NAVY SEABEES AND IN THE U.S. NAVY CIVIL ENGINEER CORPS AND RAISES FUNDS TO CONSTRUCT MONUMENTS AND MEMORIALS TO THE U.S. NAVY SEABEES. 147347 DONOR SERVICES - THE FOUNDATION PROVIDES SUPPORT TO OUR DONORS BY KEEPING THEIR INFORMATION UPDATED IN OUR DATABASE, PROVIDING THEM UPDATES ON THE ACTIVITIES OF THE FOUNDATION, AND HOSTING EVENTS AROUND THE COUNTRY. THE FOUNDATION PROVIDES SUPPORT TO THE U.S. NAVY SEABEE MUSEUM IN PORT HUENEME, CA AND THE SEABEE HERITAGE CENTER IN GULFPORT, MS. THE FOUNDATION ALSO PROVIDES SUPPORT TO SEABEE VETERANS GROUPS AND INDIVIDUAL SEABEE VETERANS. 736736 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 3 1 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR AZ CA CT FL GA HI IL KS KY LA VA X X BETH REUNING 7036907672 PO BOX 391 SPRINGFIELD VA 22150 NOAH H LONG JR CHAIRMAN EMERITUS 1.00 X 0 0 0 LOUIS V CARIELLO CHAIRMAN 10.00 X X 0 0 0 KEITH HAMILTON VICE CHAIRMAN 10.00 X X 0 0 0 DAVID J CROWELL DIRECTOR 1.00 X 0 0 0 KATHRYN DONOVAN DIRECTOR 5.00 X 0 0 0 TONY EDMONDS DIRECTOR 1.00 X 0 0 0 TOM CYR DIRECTOR 1.00 X 0 0 0 PATRICK BRENNAN DIRECTOR 1.00 X 0 0 0 MIKE BLOUNT DIRECTOR 1.00 X 0 0 0 MARK HANDLEY DIRECTOR 1.00 X 0 0 0 CHARLIE HEWITT DIRECTOR 1.00 X 0 0 0 TRUDY HOFF DIRECTOR 1.00 X 0 0 0 JENN DONAHUE DIRECTOR 1.00 X 0 0 0 ROBERT JOHNSON DIRECTOR 1.00 X 0 0 0 DAVID KELLEY DIRECTOR 1.00 X 0 0 0 DWIGHT HAMBORSKY DIRECTOR 1.00 X 0 0 0 KELLI LAPOINT DIRECTOR 1.00 X 0 0 0 MICHAEL LEMPKE DIRECTOR 1.00 X 0 0 0 DOUG MORTON DIRECTOR 1.00 X 0 0 0 ROBERT C MARLAY FINANCE COMMITTEE CHAIRMAN 5.00 X X 0 0 0 JAMES M MCGARRAH DIRECTOR 1.00 X 0 0 0 CHRISTOPHER MOSSEY DIRECTOR 1.00 X 0 0 0 ROGER MOTZKO DIRECTOR 1.00 X 0 0 0 BRET MUILENBURG DIRECTOR 1.00 X 0 0 0 BARBARA RUSINKO DIRECTOR 1.00 X 0 0 0 JIM SCHROEDER DIRECTOR 1.00 X 0 0 0 E BRIAN SMITH DIRECTOR 1.00 X 0 0 0 HEATHER WALTON DIRECTOR 1.00 X 0 0 0 PERCY TRENT SCHOLARSHIP DIRECTOR 1.00 X X 0 0 0 MIKE WILLIAMSON DIRECTOR 1.00 X 0 0 0 DANIEL K MILLER EXCUTIVE DIRECTOR 25.00 X X 67664 0 0 GARY ROUSE SECRETARY 1.00 X 0 0 0 BRIAN DUBEY TREASURER 1.00 X 0 0 0 GREG PHILIPS COUNSEL 1.00 X 0 0 0 67664 0 0 0 0 0 0 0 16434 931706 555 948140 205716 205716 1397061 1075232 321829 321829 321829 200156 16434 125962 74194 74194 41675 16655 25020 25020 SALARY REIMBURSEMENTS 900099 10545 10545 10545 1585444 35565 0 601739 508494 508494 66655 46761 6225 13669 126648 88850 11827 25971 20316 14253 1897 4166 300 150 150 38975 19700 19275 18576 9288 5573 3715 34673 16560 10939 7174 8199 3279 3280 1640 1528 917 611 4964 4964 CONTRIBUTIONS 21038 21038 SUBSCRIPTIONS 13722 5490 5488 2744 MERGER EXPENSE 13212 6606 6606 MUSEUM SUPPORT 9807 4903 4904 26578 11485 4866 10227 913685 736736 107643 69306 124114 210662 301212 305119 473245 1828098 2157025 8300931 11078987 33860 28432 10678670 14163015 45113 18946 45113 18946 X 8056004 6242813 2577553 7901256 10633557 14144069 10678670 14163015 X 671759 1905310 933443 X 0 1 X 1 0 X 855025 341119 1492068 1469378 1148296 5305886 855025 341119 1492068 1469378 1148296 5305886 875146 4430740 143696 136594 130452 194359 205716 810817 10400 10545 20945 6137648 41675 0.72190 0.73200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10129029 1184397 2432855 508494 13237787 11601820 1118258 -2327055 263994 10129029 6639895 3677063 1756937 410243 61832 11601820 5234020 120000 1699288 413413 6639895 0.40310 0.59690 0.00000 0 0 0 VANGUARD 500 INDEX FUND ADM 7182381 F VANGUARD INDEX FUND ADMIN 1905970 F VANGUARD INTERNATIONAL TERM GROWTH ADM 998818 F VANGUARD SHORT-TERM CORP BND 1X AD 991818 F 11078987 X 3630657 1905310 139903 2045213 1585444 0 1585444 1056302 142617 142617 913685 0 913685 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS TO CHILDREN AND GRANDCHILDREN OF INDIVIDUALS WHO HAVE SERVED IN THE U.S. NAVY SEABEES PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND COMPARABLE STATE LAW, AND CONTRIBUTIONS TO THE FOUNDATION ARE TAX DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE IRC. THE FOUNDATION HAS IMPLEMENTED THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. AS OF DECEMBER 31, 2023, THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SURRENDER VALUE CHANGE IN INSURANCE CONTRACT -2714. FUNDRAISING EXPENSES 125962. COST OF GOOD SOLD 16655. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 125962. COST OF GOOD SOLD 16655. DC GOLF EVENT 57968 5983 51985 1000 10939 15894 4885 VAB GOLF EVENT 60566 5577 54989 1000 6794 12051 3477 3 98056 4874 93182 13912 28288 27722 216590 16434 200156 2000 31645 56233 36084 125962 74194 1 SCHOLARSHIP GRANTS FOR COLLEGE EDUCATION 210 508494 FORM 990, PART III, LINE 2 THE PRESERVATION AND PROTECTION OF THE HISTORY AND HERITAGE OF THE U.S. NAVY SEABEES AND THE U.S. NAVY CIVIL ENGINEER CORPS; SUPPORTING THE U.S. NAVY MUSEUM, MONUMENTS, MEMORIALS, AND OTHER HERITAGE SITES DEDICATED TO THE U.S. NAVY SEABEES; AND SUPPORTING CURRENT AND FORMER MEMBER OF THE SEABEE/CEC COMMUNITY AND THEIR FAMILIES. FORM 990, PART VI, SECTION A, LINE 4 THE FOUNDATION RECEIVED THE NET ASSETS OF ANOTHER ORGANIZATION, CEC SEABEE HISTORICAL FOUNDATION, VIA A MERGER. THE FOUNDATION ADOPTED A NEW NAME AND BYLAWS IN 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITEES REVIEW THE FINANCIAL STATEMENT AND 990 BEFORE PRESENTATION TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION REQUIRES BOARD MEMBERS TO SIGN AN ANNUAL CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR REVIEWS SALARY AND RAISES OF EMPLOYEES WITH THE CHAIRMAN BEFORE THE BUDGET IS PRESENTED AND DURING THE YEAR IF ANY ADJUSTMENTS ARE MADE. COMPENSATION OF THE EXECUTIVE DIRECTOR WAS REVIEWED BY THE BOARD CHAIRMAN. FORM 990, PART VI, SECTION C, LINE 19 FULL DOCUMENTS ARE AVAILABLE UPON REQUEST. ALSO, THE ASSOCIATION MAINTAINS A WEBSITE THAT PROVIDES THE MOST RECENT FINANCIAL STATEMENTS TO THE PUBLIC. FORM 990, PART XI, LINE 9: SURRENDER VALUE CHANGE IN INSURANCE CONTRACT -2714. NET ASSETS ACQUIRED IN ACQUISITION OF CEC/SEABEE HISTORICAL FOUNDATION 936157.