2024-02-14T09:11:19-06:00 2023-06-30 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2022-07-01 941055967 MARINES' MEMORIAL ASSOCIATION MARI 4156736672 609 SUTTER STREET SAN FRANCISCO CA 941021081 LT GEN MICHAEL ROCCO USMC RET PRESIDENT AND CEO 4156736672 2024-02-13 1 LT GEN MICHAEL ROCCO US 999009999 1 MEREDITH BELL P01696827 2022932200 2024-02-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LT GEN MICHAEL ROCCO US 609 SUTTER STREET SAN FRANCISCO CA 941021081 11096909 0 X HTTPS://MARINESMEMORIAL.ORG X 1946 CA HONOR THE LEGACY OF MILITARY SERVICE THROUGH A LIVING MEMORIAL AND PROGRAMS THAT COMMEMORATE THE SACRIFICES OF OUR NATION'S VETERANS, EDUCATE THE PUBLIC ABOUT THOSE SACRIFICES, AND SERVE VETERANS OF ALL ERAS, CURRENTLY SERVING MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES. 22 20 108 20 3195899 0 8181820 3134909 4024286 6249347 121559 137132 275988 699903 12603653 10221291 120000 109700 0 0 5027907 7031733 628348 531647 0 4082228 4794708 9858483 12467788 2745170 -2246497 13712707 12061304 8557461 9128677 5155246 2932627 X HONOR THE LEGACY OF MILITARY SERVICE THROUGH A LIVING MEMORIAL AND PROGRAMS THAT COMMEMORATE THE SACRIFICES OF OUR NATION'S VETERANS, EDUCATE THE PUBLIC ABOUT THOSE SACRIFICES, AND SERVE VETERANS OF ALL ERAS, CURRENTLY SERVING MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES. 0 0 OUR FLAGSHIP CLUB IN SAN FRANCISCO CONTAINS A LIVING MEMORIAL THAT HONORS MEN AND WOMEN WHO HAVE PAID THE ULTIMATE SACRIFICE IN SERVICE TO OUR COUNTRY. THROUGHOUT THE HALLS OF THE MARINES' MEMORIAL, IN THE LOBBY, LIBRARY, AND RESTAURANT, VISITORS CAN VIEW ARTIFACTS, PHOTOS, AND WRITTEN PLACARDS THAT PROVIDE INFORMATION ON UNITED STATES MILITARY HISTORY AND THE BRAVE MEN AND WOMEN WHO SERVED, OR ARE STILL SERVING, IN ALL BRANCHES OF THE ARMED FORCES. THE LIVING MEMORIAL ALSO ENCOMPASSES OUR AID AND ASSIST PROGRAM THAT PROVIDES SERVICES TO ACTIVE-DUTY MILITARY, RESERVISTS, AND THOSE WHO ARE TRANSITIONING TO CIVILIAN LIFE. THIS YEAR, WE GRANTED 385 COMPLIMENTARY MEMBERSHIPS TO MARINES' MEMORIAL TO ACTIVE-DUTY SERVICE MEMBERS AND RESERVISTS. THESE FREE MEMBERSHIPS GIVE SERVICE MEMBERS THE OPPORTUNITY TO STAY AT OUR LIVING MEMORIAL IN SAN FRANCISCO FOR A REDUCED PRICE AS THEY TRANSITION TO NEW DUTY STATIONS, ATTEND TRAINING, NETWORK AND CONNECT WITH OTHER VETERANS. WE PACKAGED AND SHIPPED OVER 260 CARE PACKAGES TO DEPLOYED PERSONNEL WHO DID NOT HAVE ANY ACCESS TO EXCHANGE SERVICES. WE PROVIDED THEM SUNDRY ITEMS SUCH AS CANDY; HYGIENE ITEMS SUCH AS LIP BALM, DEODORANT, DENTAL & SHAVING GEAR; SNACKS SUCH AS TRAIL MIX AND JERKY; AND MISCELLANEOUS ITEMS SUCH AS VITAMIN C; ALONG WITH A BOOK (OR TWO), ETC. ALL TO REFLECT TOKENS OF OUR APPRECIATION FOR WHAT THEY ARE DOING FOR ALL OF US. AS THE COVID EPIDEMIC ABATED DURING 2022, OUR EDUCATIONAL, COMMEMORATIVE AND SERVICE EVENTS RETURNED TO IN-PERSON EVENTS TO BRING PRESENTATIONS FROM MILITARY AUTHORS, HISTORIANS, HIGH-LEVEL MILITARY LEADERS , VETERAN LEADERS, ENTERTAINERS, AND NATIONAL DEFENSE EXPERTS TO OUR ASSOCIATION MEMBERS AND GUESTS. THESE EVENTS INCLUDED MEET THE AUTHOR, LECTURE, AND LEADING FROM THE FRONT SERIES EVENTS. OUR INAUGURAL EVENT OF THE YEAR WAS A MARINES' MEMORIAL LECTURE SERIES FEATURING A PRESENTATION BY FORMER COMMANDANT OF THE MARINE CORPS, GENERAL ROBERT B. NELLER IN AUGUST 2022. THIS EVENT WAS FOLLOWED UP BY AN EDUCATIONAL "MEET THE REAL TOP GUN" EVENT FEATURING TWO F/A-18 PILOTS INSTRUMENTAL IN THE MAKING OF THE MOVIE "TOP GUN, MAVERICK." IN JULY 2022, WE HOSTED THE FIRST OF THREE "MEET THE AUTHOR" EVENTS WITH A PRESENTATION BY DR. STEVEN TROUT, AUTHOR OF "THE VIETNAM VETERANS MEMORIAL AT ANGEL FIRE," FOLLOWED BY A "MEET THE AUTHOR" PANEL IN OCTOBER FEATURING THREE AUTHORS PROMINENT IN THE VETERAN SPACE, FORMER MARINES FRED GALVAN, AMY FORSYTHE, AND SCOT HUESING. FORMER SOLDIER AND AUTHOR PHIL GIOIA TREATED THE ASSOCIATION WITH ANOTHER MEET THE AUTHOR EVENT IN OCTOBER 2023 WITH A PRESENTATION ON HIS VIETNAM MEMOIR, "DANGER CLOSE." DURING THE YEAR, WE WERE FORTUNATE TO HOST THREE "LECTURE SERIES" EVENTS BEGINNING IN JANUARY WITH BRIGADIER GENERAL JASON MORRIS, COMMANDING GENERAL, MARINES RECRUIT DEPOT SAN DIEGO (JANUARY 2023), LIEUTENANT GENERAL GEORGE SMITH, COMMANDING GENERAL, I MARINE EXECUTIONARY FORCE (MARCH 2023), MAJOR GENERAL BENJAMIN WATSON, COMMANDING GENERAL, FIRST MARINE DIVISION (MAY 2023), AND BRIGADIER GENERAL JASON WOODWORTH, COMMANDING GENERAL, MARINE CORPS INSTALLATIONS WETS / MARINE CORPS BASE, CAMP PENDLETON CA (JUNE 2023). ALSO, DURING 2023, THE ASSOCIATION HOSTED TWO "LEADING FROM THE FRONT" SERIES EVENTS WITH IN-PERSON PRESENTATIONS BY DIRECTOR OF THE MOVIE "DEVOTION," JD DILLARD AND HIS FATHER AND FORMER BLUE ANGEL, BRUCE DILLARD, AND ANOTHER BLOCKBUSTER "LEADING FROM THE FRONT" WITH A GIANT OF THE MILITARY VETERAN COMMUNITY, GENERAL DAVID PETRAEUS (JUNE 2023). 1. THE MARINES' MEMORIAL PUBLISHES A QUARTERLY MAGAZINE, CROSSROADS OF THE CORPS, TO PROVIDE SUMMARIES OF THE COMMEMORATIVE AND EDUCATIONAL PROGRAMS HELD AT THE CLUB, ARTICLES WRITTEN BY OUR MEMBERS, INSIGHT INTO THE MISSION OF THE MARINES' MEMORIAL, AND A CALENDAR OF UPCOMING OPPORTUNITIES. THE MAGAZINE IS SENT BOTH BY MAIL AND DIGITALLY TO MARINES' MEMORIAL MEMBERS, DONORS, ACTIVE DUTY SERVICE MEMBERS, AND THE LOCAL COMMUNITY. 2. IN 2022, THE ASSOCIATION AWARDED MORE THAN 30 SCHOLARSHIPS TO STUDENT VETERANS AND STUDENTS FROM VETERAN FAMILIES, TOTALING MORE THAN $100,000. EACH SCHOLARSHIP WAS BETWEEN $2,500 AND $5,000 AND AWARDED TO SELECTED STUDENTS BASED ON ACADEMICS, EXTRA-CURRICULAR ACTIVITIES, AND FINANCIAL NEED. 1. THE MARINES' MEMORIAL PUBLISHES A QUARTERLY MAGAZINE, CROSSROADS OF THE CORPS, TO PROVIDE SUMMARIES OF THE COMMEMORATIVE AND EDUCATIONAL PROGRAMS HELD AT THE CLUB, ARTICLES WRITTEN BY OUR MEMBERS, INSIGHT INTO THE MISSION OF THE MARINES' MEMORIAL, AND A CALENDAR OF UPCOMING OPPORTUNITIES. THE MAGAZINE IS SENT BOTH BY MAIL AND DIGITALLY TO MARINES' MEMORIAL MEMBERS, DONORS, ACTIVE DUTY SERVICE MEMBERS, AND THE LOCAL COMMUNITY. 2. IN 2023, THE ASSOCIATION AWARDED MORE THAN 30 SCHOLARSHIPS TO STUDENT VETERANS AND STUDENTS FROM VETERAN FAMILIES, TOTALING MORE THAN $97,500. EACH SCHOLARSHIP WAS BETWEEN $2,500 AND $5,000 AND AWARDED TO SELECTED STUDENTS BASED ON ACADEMICS, EXTRA-CURRICULAR ACTIVITIES, AND FINANCIAL NEED. 0 1 0 0 0 0 1 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 24 0 1 108 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA AL AR CT FL GA HI IL KS KY MD MA MN MS MO MN NH NJ NM NY NC OK PA RI SC TN UT VA WV WI X MICHAEL ALLEN 4156736672 609 SUTTER STREET SAN FRANCISCO CA 941021081 LT GEN EDWARD HANLON JR USMC RET CHAIRMAN 2.00 0.00 X X 0 0 0 MR ADAM FAUL VICE CHAIRMAN 2.00 0.00 X X 0 0 0 COL DAREN KEITH MARGOLIN USMC RET SECRETARY 2.00 0.00 X X 0 0 0 MR MATTHEW J CARROLL DIRECTOR 2.00 0.00 X 0 0 0 MR MIKE CERRE DIRECTOR 2.00 0.00 X 0 0 0 VICE ADM MICHAEL J DUMONT USN RET DIRECTOR 2.00 0.00 X 0 0 0 MR CARL EBERLING DIRECTOR 2.00 0.00 X 0 0 0 MR J BARRIE GRAHAM DIRECTOR 2.00 0.00 X 0 0 0 MR JAKE HARRIMAN DIRECTOR 2.00 0.00 X 0 0 0 COL WILLIAM HOOPER USMC DIRECTOR 2.00 0.00 X 0 0 0 MS DESIREE KOHNEN DIRECTOR 2.00 0.00 X 0 0 0 LT GEN ALEXANDER MARTIN USMC DIRECTOR 2.00 0.00 X 0 0 0 MR KEVIN O'BRIEN DIRECTOR 2.00 0.00 X 0 0 0 LT COL THOMAS ROBERTSON USAF RET DIRECTOR 2.00 0.00 X 0 0 0 MR BOB SHAW DIRECTOR 2.00 0.00 X 0 0 0 MS ANN WEEBY DIRECTOR 2.00 0.00 X 0 0 0 LT GEN ROBERT JOHNSTON USMC RET EMERITUS 2.00 0.00 X 0 0 0 COL ROBERT M BARNHART USMC ADVISOR (23RD MARINES) 2.00 0.00 X 0 0 0 COL MARTY BEDELL USMC ADVISOR (MIRAMAR) 2.00 0.00 X 0 0 0 COL JASON PERRY USMC ADVISOR (NPS) 2.00 0.00 X 0 0 0 LT GEN MICHAEL ROCCO USMC RET PRESIDENT 38.00 2.00 X X 285984 0 14248 MR MICHAEL ALLEN CFO 38.00 2.00 X X 221576 0 10353 CELESTE REPSHER HR DIRECTOR 40.00 0.00 X 198014 0 9862 ANNE WALKER IT DIRECTOR 40.00 0.00 X 130232 0 0 CRISTINA ORENDAIN SALES DIRECTOR 40.00 0.00 X 135274 0 6725 CHRISTOPHER TAVUCHIS VETERANS MARKETING DIRECTOR 40.00 0.00 X 125632 0 775 HUAN CHEN ASSISTANT CONTROLLER 40.00 0.00 X 101059 0 5255 1197771 0 47218 8 0 1 0 OAKVILIFE PRODUCE PARTNERS LLC PO BOX 45192 SAN FRANCISCO CA 94145 FOOD SUPPLIER 105901 UNIQUE ELEVATOR INTERIORS LLC 1930 NORTH LOOP ROAD ALAMEDA CA 94502 ELEVATOR INTERIOR SERVICE 101213 2 680755 500000 1954154 3134909 ROOMS 721110 4645202 1449303 3195899 CATERING 721110 1547792 1547792 PARKING 721110 56353 56353 6249347 137132 137132 77569 0 77569 77569 77569 1276770 875618 401152 401152 BANQUET REVENUE 721110 221182 221182 221182 10221291 3675782 3195899 214701 109700 532161 4787665 1214019 497888 155332 531647 14789 377044 98476 938420 216522 982935 350640 266393 635013 263163 OTHER HOTEL EXPENSES 254089 BOD EXPENSES 43988 PARKING EXPENSES 33884 164020 12467788 2362573 1506130 298601 281411 198962 319373 153345 138696 87458 101306 26996633 20040961 6738978 6955672 3638769 2743300 234021 15416 13712707 12061304 976632 1597994 537720 546828 6597840 6601189 445269 382666 8557461 9128677 X 3318422 1284565 1836824 1648062 5155246 2932627 13712707 12061304 -2246497 23878 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 120000 120000 14736097 12716772 2019325 12140536 7324189 4816347 6955672 DEPOSITS 382666 382666 X PART III, LINE 4: IN PRIOR YEARS, THE ORGANIZATION HAS RECEIVED VARIOUS PAINTINGS, PHOTOS AND ARTIFACTS WHICH ARE DISPLAYED THROUGHOUT THE BUILDING AND ARE USED AS A PART OF THE RESTAURANT'S DECOR. PART X, LINE 2: MARINES' MEMORIAL ASSOCIATION AND ITS AFFILIATE, MARINES' MEMORIAL FOUNDATION, ARE NOT-FOR-PROFIT ORGANIZATIONS AS DESCRIBED UNDER INTERNAL REVENUE CODE SECTIONS 501(C)(19) AND 501(C)(3), RESPECTIVELY. THE ASSOCIATION IS SUBJECT TO TAXATION AT REGULAR CORPORATE RATES ON INCOME UNRELATED TO ITS EXEMPT FUNCTION. THE ASSOCIATION HAS IMPLEMENTED THE GUIDANCE FOR INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 AS IT RELATES TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE TREATMENT OF THE ENTITIES' POSITION OF ACCOUNTING FOR INCOME TAXES RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE GUIDANCE ALSO PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE CONSOLIDATED FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN THE TAX RETURN. IN ADDITION, IT PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT EVALUATED THE ENTITIES' TAX POSITIONS AND CONCLUDED THAT THE ENTITIES HAVE NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2023 OR 2022. WITH FEW EXCEPTIONS, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. X X 1 RKD GROUP LLC 35 PARKWOOD DRIVE SUITE 160 HOPKINTON MA 01748 CONSULTING ON AND CREATES DIRECT MAIL & DIGITAL ADVERTISING 0 145075 531647 -386572 145075 531647 -386572 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 1 COLLEGE SCHOLARSHIPS 33 109700 PART I, LINE 2: VETERANS, MEMBERS AND THE CHILDREN OF MEMBERS AND/OR GRANDCHILDREN OF MEMBERS ARE ELIGIBLE TO APPLY FOR THE COLLEGE SCHOLARSHIP. THE SCHOLARSHIP WINNERS ARE SELECTED BY THE BOARD OF DIRECTORS FROM THE LIST OF APPLICANTS. THE SCHOLARSHIP CHECKS ARE PAID DIRECTLY TO THE SCHOOLS THAT THE APPLICANTS ARE ATTENDING. THE SCHOLARSHIP WINNERS ARE EVALUATED BASED ON THEIR PAST ACHIEVEMENTS SO NO PROGRESS REPORT OR OTHER MONITORING OF THE STUDENTS ARE REQUIRED. X 0 0 0 LT GEN MICHAEL ROCCO USMC RET PRESIDENT 284629 0 0 0 1355 0 14248 0 0 0 300232 0 0 0 MR MICHAEL ALLEN CFO 219566 0 0 0 2010 0 10353 0 0 0 231929 0 0 0 CELESTE REPSHER HR DIRECTOR 197020 0 0 0 994 0 9862 0 0 0 207876 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER BEFORE A FINAL COPY IS PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. ONCE APPROVED THE RETURN IS SUBMITTED TO THE CHIEF EXECUTIVE OFFICER FOR SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT MONITORS EMPLOYEE COMPLIANCE. THE BOARD OF DIRECTORS IS REQUIRED TO READ AND SIGN A CERTIFICATION OF UNDERSTANDING ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES DIRECTOR IS RESPONSIBLE FOR MAKING RECOMMENDATIONS FOR EVALUATING ALL EMPLOYEES. THE COMPENSATION OF OFFICERS, DIRECTORS, AND KEY EMPLOYEES IS COMPARED WITH EXECUTIVE COMPENSATION OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN REQUEST AND RECEIVE COPIES OF THE ARTICLES OF INCORPORATION, THE BY-LAWS, THE CONFLICT OF INTEREST POLICY, AND THE AUDITED FINANCIAL STATEMENTS FOR THE SAME PERIOD OF TIME AS SET FORTH IN THE INTERNAL REVENUE SECTION 6104(D). MARINES' MEMORIAL FOUNDATION 609 SUTTER ST SUITE 2M SAN FRANCISCO CA 94102 455261064 SERVICING VETERANS AND THEIR FAMILIES CA 501(C)(3) LINE 11 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 MARINES' MEMORIAL FOUNDATION C 500000 FMV