2025-02-14T10:50:57-05:00 2024-03-31 472554597 SBFR PARTNERS CPAS LLP 2425 SWEET HOME ROAD AMHERST NY 14228 990 2023-04-01 161133535 BUFFALO NAVAL PARK COMMITTEE INC BUFF 7168471773 ONE NAVAL PARK COVE BUFFALO NY 14202 PAUL MARZELLO EXECUTIVE DIRECTOR 7168471773 2025-01-31 true false CHRISTOPHER J BONGHI CPA P01679426 7163892900 2025-02-14 2023 2025-03-06 01:10:19Z PAUL MARZELLO ONE NAVAL PARK COVE BUFFALO NY 14202 2640252 false X WWW.BUFFALONAVALPARK.ORG X 1976 NY BUFFALO NAVAL PARK COMMITTEE, INC.'S MISSION IS TO HONOR VETERANS, ACTIVE MILITARY, AND MILITARY FAMILIES; EDUCATE ABOUT THE HISTORY AND VALUES OF SERVICE AND SACRIFICE IN DEFENSE OF FREEDOM; INSPIRE A SENSE OF PATRIOTISM AND APPRECIATION IN PROTECTING THE RIGHT TO LIBERTY AND JUSTICE FOR ALL; AND PRESERVE THE MILITARY ARTIFACTS ENTRUSTED TO THE ORGANIZATION'S CARE. THE MANY EXHIBITS AND ARTIFACTS FEATURED AT THE BUFFALO NAVAL & MILITARY PARK BRING TO LIFE SOME OF THE MAJOR EVENTS IN OUR NATION'S HISTORY TO DEFEND FREEDOM AND DEMOCRACY AND HONOR THOSE WHO HAVE SERVED. 15 15 36 100 0 1355075 1186616 500824 764964 -4901 12076 757822 432100 2608820 2395756 0 0 813531 937937 0 72143 2599039 1522239 3412570 2460176 -803750 -64420 2689480 2737430 752098 864468 1937382 1872962 X BUFFALO NAVAL PARK COMMITTEE, INC.'S MISSION IS TO HONOR VETERANS, ACTIVE MILITARY, AND MILITARY FAMILIES; EDUCATE ABOUT THE HISTORY AND VALUES OF SERVICE AND SACRIFICE IN DEFENSE OF FREEDOM; INSPIRE A SENSE OF PATRIOTISM AND APPRECIATION IN PROTECTING THE RIGHT TO LIBERTY AND JUSTICE FOR ALL; AND PRESERVE THE MILITARY ARTIFACTS ENTRUSTED TO THE ORGANIZATION'S CARE. THE MANY EXHIBITS AND ARTIFACTS FEATURED AT THE BUFFALO NAVAL & MILITARY PARK BRING TO LIFE SOME OF THE MAJOR EVENTS IN OUR NATION'S HISTORY TO DEFEND FREEDOM AND DEMOCRACY AND HONOR THOSE WHO HAVE SERVED. false false 1960247 1161881 GENERAL PROGRAM PURPOSE IS TO PROVIDE EXHIBITS AND RELATED SERVICES TO THE GENERAL PUBLIC TO RAISE AWARENESS OF THE NAVAL PARK AND ITS HISTORY. 1960247 true true false false false false false true true true true false false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 36 true false false false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false NY X X JOANN MARASCHIELLO 7168471773 ONE NAVAL PARK COVE BUFFALO NY 14202 PAUL MARZELLO EXECUTIVE DI 40.00 X 115000 0 15440 BILL BARDEN DIRECTOR 1.00 X 0 0 0 KANASHA BLUE DIRECTOR 1.00 X 0 0 0 NICHOLAS DEMARCO DIRECTOR 1.00 X 0 0 0 DONNA MALLIA SECRETARY 1.00 X X 0 0 0 REBECCA MCCORMICK-BOYLE DIRECTOR 1.00 X 0 0 0 MAURICE NAYLON DIRECTOR 1.00 X 0 0 0 ROBERT PECORARO DIRECTOR 1.00 X 0 0 0 ADAM POOLE CHAIR AND TR 1.00 X X 0 0 0 ANDY RABB DIRECTOR 1.00 X 0 0 0 JOHN RADENS DIRECTOR 1.00 X 0 0 0 CASIMIRO RODRIGUEZ DIRECTOR 1.00 X 0 0 0 ANGELA ROSSI DIRECTOR 1.00 X 0 0 0 DOUG STEVENS VICE CHAIRMA 1.00 X X 0 0 0 JAMES TYRPAK DIRECTOR 1.00 X 0 0 0 LAMONT WILLIAMS DIRECTOR 1.00 X 0 0 0 115000 15440 1 false false false 62650 694904 429062 1186616 ADMISSIONS 602653 602653 ENCAMPMENTS 140628 140628 PARTY RENTALS 16221 16221 MEMBERSHIP DUES 5462 5462 764964 12076 12076 134516 134516 134516 134516 90751 62650 55568 35183 35183 303666 188928 114738 114738 STORM DAMAGE INSUR. PROCEEDS 147663 147663 147663 2395756 1161881 47259 115000 62050 26950 26000 642896 483479 159417 102997 74135 25326 3536 77044 55456 18945 2643 28641 28641 58701 58701 10446 10446 59648 19684 39964 3374 3374 345226 327035 18191 21679 21679 3707 3707 173671 173671 USS THE SULLIVANS REPAIRS 724998 724998 SUPPLIES 35252 5090 30162 COGS 28855 28855 SERVICE CHARGES 21771 21771 6270 6270 2460176 1960247 427786 72143 421163 640239 472673 285905 61908 46610 33467 25653 3396179 1822226 1548256 1573953 123562 132620 28451 32450 2689480 2737430 555960 582434 46138 22034 150000 260000 752098 864468 X 1843397 1840512 93985 32450 1937382 1872962 2689480 2737430 X -64420 X false true X true false X 283384 642827 461001 439006 404611 2230829 1043520 195835 674235 1306778 1350809 4571177 54701 139587 38675 83896 90751 407610 1381605 978249 1173911 1829680 1846171 7209616 103426 115934 219360 103426 115934 219360 6990256 -5745 20009 3878 -4901 12076 25317 -5745 20009 3878 -4901 12076 25317 1375860 998258 1177789 1824779 1858247 7234933 0.96620 0.98220 0.00000 0.00000 X SUPPORTING SCHEDULE ERIE COUNTY GRANT FOR TWO WARS EXHIBIT 30,000 ERIE COUNTY GRANT FOR SULLIVANS REPAIRS 150,000 FOUNDATION GRANTS FOR SHIPBOARD SECURITY 47,100 FOUNDATION GRANT 100,000 FOUNDATION GRANT FOR TALO MISSLE 25,000 ESDC GRANT FOR VESSEL REPAIRS 144,000 HUD GRANT FOR VESSEL REPAIRS 285,905 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 326996 X X X false true 110000 110000 false 123562 12076 3018 132620 118463 10000 -4901 123562 66905 50000 3766 2208 118463 46896 20009 66905 52641 -5745 46896 1.00000 true false 3069183 1822226 1246957 326996 326996 1573953 EIDL SBA LOAN 150000 AGENCY FUNDS PAYABLE 110000 260000 X 2366901 -28855 -28855 2395756 2395756 2431321 -28855 -28855 2460176 2460176 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE ORGANIZATION CONTRACTED WITH THE UNITED STATES SUBMARINE VETERANS ("USSV") TO ADMINISTER A FUNDRAISING CAMPAIGN AND CONVENTION. THE ORGANIZATION RECEIVED FUNDS ON BEHALF OF USSV AND DISBURSED THE CASH TO THE APPROPRIATE PARTIES AT THE SOLE DIRECTION OF USSV MANAGEMENT. ACCORDINGLY, THESE FUNDS ARE NOT INCLUDED IN THE REVENUE OR EXPENSES OF THE ORGANIZATION AND TOTALED 110,000 FOR THE YEAR ENDED MARCH 31, 2024. SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION MAINTAINS A BENEFICIAL INTEREST IN A BOARD-DESIGNATED ENDOWMENT FUND THAT IS HELD BY COMMUNITY FOUNDATION FOR GREATER BUFFALO ("CFGB"). CFGB IS A NONPROFIT COMMUNITY FOUNDATION THAT ASSISTS DONORS IN MANAGING THEIR INVESTMENTS. THE ENDOWMENT FUND IS POOLED WITH OTHER CFGB INVESTMENT ASSETS, AND INCLUDES MONEY MARKET FUNDS, MARKETABLE SECURITIES AND ALTERNATIVE INVESTMENTS. UNDER THE TERMS OF THE AGREEMENT WITH CFGB, THE ORGANIZATION RECEIVES AN ANNUAL DISTRIBUTION FROM INVESTMENT EARNINGS FOR THE MAINTENANCE OF THE USS THE SULLIVANS. THE ORGANIZATION HAS GRANTED CFGB VARIANCE POWER WHICH GIVES ITS BOARD OF TRUSTEES THE POWER TO USE THE INVESTMENT ASSETS FOR OTHER PURPOSES IN CERTAIN CIRCUMSTANCES. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D ENCAMPMENT EXPENSES REFLECTED NET ON FINANCIALS -28,855 SCHEDULE D, PAGE 4, PART XII, LINE 2D ENCAMPMENT EXPENSES REFLECTED NET ON FINANCIALS -28,855 PARTY IN THE PA 153401 62650 90751 55568 153401 62650 90751 55568 55568 35183 FORM 990 - ORGANIZATION'S MISSION BUFFALO NAVAL PARK COMMITTEE, INC.'S MISSION IS TO HONOR VETERANS, ACTIVE MILITARY, AND MILITARY FAMILIES; EDUCATE ABOUT THE HISTORY AND VALUES OF SERVICE AND SACRIFICE IN DEFENSE OF FREEDOM; INSPIRE A SENSE OF PATRIOTISM AND APPRECIATION IN PROTECTING THE RIGHT TO LIBERTY AND JUSTICE FOR ALL; AND PRESERVE THE MILITARY ARTIFACTS ENTRUSTED TO THE ORGANIZATION'S CARE. THE MANY EXHIBITS AND ARTIFACTS FEATURED AT THE BUFFALO NAVAL & MILITARY PARK BRING TO LIFE SOME OF THE MAJOR EVENTS IN OUR NATION'S HISTORY TO DEFEND FREEDOM AND DEMOCRACY AND HONOR THOSE WHO HAVE SERVED. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE PROPOSED COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. APPROVAL OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS DOCUMENTED IN THE MINUTES TO MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS REVIEWS THE PROPOSED COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. APPROVAL OF COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES ARE DOCUMENTED IN THE MINUTES TO MEETINGS. FORM 990, PAGE 6, PART VI, LINE 19 ALL OF THESE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9 ENCAMPMENT EXPENSES REFLECTED NET ON FINANCIALS -28,855 ENCAMPMENT EXPENSES REFLECTED NET ON FINANCIALS 28,855