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Nonprofit · EIN 23-7213404

CALIFORNIA MARITIME ACADEMY FOUNDATION INC

Tax-exempt · VALLEJO, CA 94590

Financials

$5.7M$11.4M2022$9.3M$8.2M2023$13.4M$8.8M2024
Revenue Expenses · by fiscal year end
Financials of CALIFORNIA MARITIME ACADEMY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$13,414,759$8,809,581$4,605,178$41,004,618$2,213,532$38,791,086
June 30, 2024990$9,338,803$8,156,801$1,182,002$35,233,040$2,705,608$32,527,432
June 30, 2023990$5,697,541$11,385,709-$5,688,168$35,610,883$5,201,499$30,409,384
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,487,057
Program service revenue
$2,653,940
Investment income
$3,267,428
Net gain from sales of assets
$2,358,336
Net income from fundraising events
-$12,094
Other revenue
$6,334

Expenses

Grants and similar amounts paid
$858,072
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$41,109
Occupancy
$342,265
Travel
$61,497
Depreciation
$3,452,307
Program services (functional)
$7,173,614
Management and general (functional)
$1,600,483
Fundraising (functional)
$35,484

Balance sheet and other

Total assets, start of year
$35,233,040
Total assets, end of year
$41,004,618
Total liabilities, end of year
$2,213,532
Net assets, end of year
$38,791,086
Land, buildings and equipment
$9,988,667
Publicly traded securities
$17,102,103
Gross unrelated business income
$4,753,044
Gross receipts
$18,465,832
Employees
0
Volunteers
26
Year formed
1972
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
FRANZ LOZANO FOUNDATIONCONTROLLER (VP/CFO,CSUMA) THRU 08/24
Officer
4$58,695$7,635
ANGIE KRAETSCHDIRECTOR VPCFOCSU CMA)/FDTN CONTROLLER AS OF 08/24
Trustee or director, Officer
4$11,370$2,226
JOHN BETZCHAIRMAN
Trustee or director, Officer
4$0$0
MICHAEL RODGERSTREASURER
Trustee or director, Officer
4$0$0
KAREN SMITHSECRETARY
Trustee or director, Officer
4$0$0
KRIS ABRUDANDIRECTOR
Trustee or director
4$0$0
BILL ANDREWDIRECTOR
Trustee or director
4$0$0
SAMARO BANNISTERDIRECTOR
Trustee or director
4$0$0
MARC BAYERDIRECTOR
Trustee or director
4$0$0
ROBERT BRISENODIRECTOR
Trustee or director
4$0$0
TIMOTHY COOMBSDIRECTOR
Trustee or director
4$0$0
MARIO CORDERODIRECTOR
Trustee or director
4$0$0
MICHAEL DUMONTDIRECTOR (PRESIDENT, CSU CMA)
Trustee or director
4$0$0
KIM ESTESDIRECTOR
Trustee or director
4$0$0
DAVID FRANKELDIRECTOR
Trustee or director
4$0$0
14 more people on this return
NameTitleHours / weekCompensation
JOHN GIFFINDIRECTOR
Trustee or director
4$0
CARL HOLMESDIRECTOR
Trustee or director
4$0
NIKHIL HUNTERDIRECTOR
Trustee or director
4$0
BETH KIRKPATRICKDIRECTOR
Trustee or director
4$0
LYNN KORWATCHDIRECTOR
Trustee or director
4$0
MITCH MATHAIDIRECTOR
Trustee or director
4$0
ANNE MCINTYREDIRECTOR
Trustee or director
4$0
ADAM MOILANENDIRECTOR
Trustee or director
4$0
HOLLY OSENDIRECTOR
Trustee or director
4$0
CHRISTOPHER PETERSONDIRECTOR
Trustee or director
4$0
JENNIFER RADICS-JOHNSONDTR (SR.DIR.OF ADV.OPERATIONS,CSUMA)
Trustee or director
4$0
KRIS RIETMANN-ABRUDANDIRECTOR
Trustee or director
4$0
TODD ROBERTSDIRECTOR
Trustee or director
4$0
ED WASHBURNDIRECTOR
Trustee or director
4$0
990 for the year ended June 30, 2024: 29 people
NameTitleHours / weekCompensationOther / benefits
FRANZ LOZANOFOUNDATION CONTROLLER (VP/CFO,CSUMA)
Trustee or director, Officer
4$223,596$141,818
LORI SCHROEDERDIRECTOR (VP ACADEMIC AFFAIRS,CSUMA)
Trustee or director
4$248,400$103,988
SAMARO BANNISTERCAPTAIN
Trustee or director
4$182,300$92,670
JENNIFER RADICS JOHNSONDTR (SR.DIR.OF ADV.OPERATIONS,CSUMA)
Trustee or director
40$150,000$64,697
MICHAEL DUMONTDIRECTOR (PRESIDENT, CSU CMA)
Trustee or director
4$157,057$53,677
HOLLY OSENDIRECTOR
Trustee or director
4$0$0
ADAM MOILANENDIRECTOR
Trustee or director
4$0$0
ANNE MCINTYREDIRECTOR
Trustee or director
4$0$0
LYNN KORWATCHDIRECTOR
Trustee or director
4$0$0
JOHN GIFFINDIRECTOR
Trustee or director
4$0$0
DAVID FRANKELDIRECTOR
Trustee or director
4$0$0
KIM ESTESDIRECTOR
Trustee or director
4$0$0
MARIO CORDERODIRECTOR
Trustee or director
4$0$0
CAMERON CLARKDIRECTOR
Trustee or director
4$0$0
MARC BAYERDIRECTOR
Trustee or director
4$0$0
KRIS ABRUDANDIRECTOR
Trustee or director
4$0$0
BETH KIRKPATRICKCHAIR, AUDIT COMMITTEE
Trustee or director
4$0$0
GLADYS BROWNCHAIR, EXTERNAL RELATIONS COMMITTEE
Trustee or director
4$0$0
BILL ANDREWCHAIR, MARINE DEVELOPMENT COMMITTEE
Trustee or director
4$0$0
KAHLAI PRATTDTR (CORPS COMMANDER,CORPS OF CADETS)
Trustee or director
4$0$0
RYAN OKADADTR (PRES. ASSOC. STUDENTS CMA)
Trustee or director
4$0$0
ERIN PIERSONDTR (PRES.CAL MARITIME ALUMNI ASSOC)
Trustee or director
4$0$0
KAREN SMITHSECRETARY
Trustee or director, Officer
4$0$0
MICHAEL RODGERSVICE CHAIR,TREASURER (INTERIM)
Trustee or director, Officer
4$0$0
BETH HELLWIGVP, CSU CMA
Trustee or director
4$0$0
TIMOTHY COOMBSCHAIR, GOVERNANCE COMMITTEE
Trustee or director
4$0$0
JOHN BETZCHAIR, EXEC. COMM
Trustee or director, Officer
4$0$0
CHRISTOPHER PETERSONDIRECTOR
Trustee or director
4$0$0
ED WASHBURNDIRECTOR
Trustee or director
4$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
THOMAS CROPPERDIRECTOR (PRESIDENT,CSUMA)
Trustee or director
4$303,324$99,822
LORI SCHROEDERDIRECTOR (VP ACADEMIC AFFAIRS,CSUMA)
Trustee or director
4$242,702$64,225
FRANZ LOZANOFOUNDATION CONTROLLER (VP/CFO,CSUMA)
Trustee or director, Officer
4$214,232$90,930
RICHARD P ORTEGADIRECTOR (VP UNIV ADV.,CSUMA)
Trustee or director
40$268,750$0
ASSIS MALAQUISDIRECTOR (FACULTY CHAIR GSMA,CSUMA)
Trustee or director
4$132,806$53,648
JENNIFER RADICS JOHNSONDTR (SR.DIR.OF ADV.OPERATIONS,CSUMA)
Trustee or director
40$73,295$24,399
JOHN BETZCHAIR, EXEC. COMM
Trustee or director, Officer
4$0$0
MICHAEL RODGERSVICE CHAIR,TREASURER (INTERIM)
Trustee or director, Officer
4$0$0
TIMOTHY COOMBSSECRETARY&CHAIR, AUDIT COMMITTEE
Trustee or director, Officer
4$0$0
ERIN PIERSONDTR (PRES.CAL MARITIME ALUMNI ASSOC)
Trustee or director
4$0$0
MAX JONESDTR (PRES. ASSOC. STUDENTS CMA)
Trustee or director
4$0$0
ALICIA PORTER-VILLALOBOSDTR (CORPS COMMANDER,CORPS OF CADETS)
Trustee or director
4$0$0
MADISON DACKDTR (HOUSING DIR.,RESIDENT LIFE)
Trustee or director
4$0$0
WILLIAM ANDREWDIRECTOR
Trustee or director
4$0$0
GLADYS BROWNDIRECTOR
Trustee or director
4$0$0
BETH KIRKPATRICKDIRECTOR
Trustee or director
4$0$0
ED WASHBURNDIRECTOR
Trustee or director
4$0$0
CAMERON CLARKDIRECTOR
Trustee or director
4$0$0
KIM ESTESDIRECTOR
Trustee or director
4$0$0
DAVID FRANKELDIRECTOR
Trustee or director
4$0$0
JOHN GIFFINDIRECTOR
Trustee or director
4$0$0
LYNN KORWATCHDIRECTOR
Trustee or director
4$0$0
ADAM MOILANENDIRECTOR
Trustee or director
4$0$0
CHRISTOPHER PETERSONDIRECTOR
Trustee or director
4$0$0
TODD ROBERTSDIRECTOR
Trustee or director
4$0$0
MARIO CORDERODIRECTOR
Trustee or director
4$0$0
KRIS ABRUDANDIRECTOR
Trustee or director
4$0$0
MARC BAYERDIRECTOR
Trustee or director
4$0$0

Address and contacts

Address (IRS master file)
200 MARITIME ACADEMY DR, VALLEJO, CA 94590-8181
Principal officer (990 for 2024)
ANGIE KRAETSCH, 200 MARITIME ACADEMY DRIVE, VALLEJO, CA 94590
Signed the 990
ANGIE KRAETSCH, ACTING CFO
Phone
(707) 654-1085
Return prepared by
CLIFTONLARSONALLEN LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7213404 or by the name CALIFORNIA MARITIME ACADEMY FOUNDATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

WORKING WITH THE FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, SEEKING TO BROADEN CAL MARITIME'S COMMUNITY TO INCLUDE ALL WHO HOLD A STAKE IN ITS PAST, PRESENT, AND FUTURE. RESPONSIBILITIES INCLUDE FUNDRAISING, DONOR RELATIONS, ALUMNI AFFAIRS, LEGISLATIVEAFFAIRS, AND FUNDRAISING DATABASE MANAGEMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • ACTIVITIES RELATING TO RAISING MONEY FOR SCHOLARSHIPS, SUPPORTING THE ACADEMIC AND STUDENT PROGRAMS, AND BUILDING THE ENDOWMENT.
    Expenses $6,478,786 · grants $163,244 · revenue $597,311
  • SCHOLARSHIPS - SCHOLARSHIP DONATIONS ARE PROVIDED TO THE UNIVERSITY AND AWARDED TO STUDENTS TO OFFSET THE COST OF ATTENDING THE ACADEMY.
    Expenses $694,828 · grants $694,828

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7213404
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42I)
Assets (IRS master file)
$41,004,618
Income (IRS master file)
$18,465,832

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$13,414,759$8,809,581$41,004,618IRS
990-TJune 2025–––IRS
990June 2024$9,338,803$8,156,801$35,233,040IRS
990-TJune 2024–––IRS
990June 2023$5,697,541$11,385,709$35,610,883XML
990-TJune 2023–––IRS
990June 2022$17,456,743$7,533,247$42,390,732IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7213404).

Questions about CALIFORNIA MARITIME ACADEMY FOUNDATION INC

What is the EIN of CALIFORNIA MARITIME ACADEMY FOUNDATION INC?
The employer identification number (EIN) of CALIFORNIA MARITIME ACADEMY FOUNDATION INC is 23-7213404.
Is CALIFORNIA MARITIME ACADEMY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to CALIFORNIA MARITIME ACADEMY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CALIFORNIA MARITIME ACADEMY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CALIFORNIA MARITIME ACADEMY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CALIFORNIA MARITIME ACADEMY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CALIFORNIA MARITIME ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names ANGIE KRAETSCH.
Who are the officers and directors of CALIFORNIA MARITIME ACADEMY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 29 people; 2 received compensation from the organization, the highest $58,695 (FRANZ LOZANO FOUNDATION, CONTROLLER (VP/CFO,CSUMA) THRU 08/24).
How much revenue does CALIFORNIA MARITIME ACADEMY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $13,414,759, expenses of $8,809,581 and total assets of $41,004,618 at year end.

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