Nonprofit · EIN 99-0185999
PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC
Tax-exempt · HONOLULU, HI 96818
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,802,795 | $7,365,565 | $2,437,230 | $41,360,802 | $10,216,533 | $31,144,269 |
| December 31, 2023 | 990 | $10,178,403 | $6,769,023 | $3,409,380 | $38,784,260 | $10,605,278 | $28,178,982 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $179,737
- Membership dues
- $7,722
- Program service revenue
- $7,899,736
- Investment income
- $511,666
- Net rental income
- $471,365
- Net gain from sales of assets
- -$107,970
- Net income from sales of inventory
- $740,291
- Other revenue
- $1,211,656
Expenses
- Grants and similar amounts paid
- $159,881
- Compensation of officers, directors and key employees
- $278,334
- Other salaries and wages
- $1,634,606
- Salaries, compensation and benefits (total)
- $2,342,302
- Professional fundraising fees
- $0
- Accounting fees
- $90,423
- Occupancy
- $979,222
- Travel
- $8,335
- Depreciation
- $1,161,664
- Program services (functional)
- $6,352,985
- Management and general (functional)
- $968,780
- Fundraising (functional)
- $43,800
Balance sheet and other
- Total assets, start of year
- $38,784,260
- Total assets, end of year
- $41,360,802
- Total liabilities, end of year
- $10,216,533
- Net assets, end of year
- $31,144,269
- Land, buildings and equipment
- $24,845,749
- Publicly traded securities
- $14,595,348
- Net assets without donor restrictions
- $31,144,269
- Gross receipts
- $10,012,535
- Employees
- 44
- Volunteers
- 35
- Year formed
- 1978
- State of legal domicile
- HI
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES K MERKEL USN RET | EXECUTIVE DIRECTOR/PRESIDENT Trustee or director, Officer | 40 | $255,000 | $23,334 |
| RICHARD SALISBURY | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $104,931 | $25,073 |
| PETER W MILLER USN RET | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| STEVEN AUERBACH | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM HICKS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| COLIN YOSHIYAMA | SECRETARY Trustee or director | 2 | $0 | $0 |
| ALISA BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL DECAPRIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELANIE HORIKAMI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN ITO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVEN MANDRACCIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW ST JOHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAUNA TONKIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDALL C WHATTOFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLTON WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| CAROLINE WITHERSPOON | DIRECTOR Trustee or director | 1 | $0 |
| JEFFREY GRIFFIN | DIRECTOR Trustee or director | 1 | $0 |
| SAMUEL S DANNAWAY | FORMER DIRECTOR Trustee or director | 1 | $0 |
| THOMAS G KYLE | FORMER DIRECTOR Trustee or director | 1 | $0 |
| RODERICK J PEROFF | FORMER DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES K MERKEL USN RET | EXECUTIVE DIRECTOR/PRESIDENT Trustee or director, Officer | 40 | $211,250 | $22,926 |
| PETER W MILLER USN RET | CHAIRMAN/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| STEVEN AUERBACH | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM HICKS | TREASURER/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| COLIN YOSHIYAMA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ALISA BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL S DANNAWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELANIE HORIKAMI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN ITO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS G KYLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVEN MADRACCIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RODERICK J PEROFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAUNA TONKIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDALL C WHATTOFF | DIRECTOR/CORPORATE COUNSEL Trustee or director, Officer | 1 | $0 | $0 |
| CAROLINE WITHERSPOON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL DECAPRIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW ST JOHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY GRIFFIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN D FILA USN RET | FORMER SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SAMANTHA SNEED | FORMER DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACK SHRIVER | FORMER DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11 ARIZONA MEMORIAL DR, HONOLULU, HI 96818-3104
- Principal officer (990 for 2024)
- CAPT HOMER RING, 11 ARIZONA MEMORIAL DRIVE, HONOLULU, HI 96818
- Signed the 990
- CAPT HOMER RING, EXECUTIVE DIRECTOR/PRESIDENT
- Phone
- (808) 423-1341
- Website
- WWW.BOWFIN.ORG
- Return prepared by
- CW ASSOCIATES CPAS
Mission
TO ESTABLISH AND MAINTAIN A WORLD WAR II SUBMARINE, MUSEUM, AND MEMORIAL.
Program accomplishments
- TO ESTABLISH AND MAINTAIN A WORLD WAR II SUBMARINE, MUSEUM, AND MEMORIAL. TO AWARD ACADEMIC SCHOLARSHIPS THROUGH THE USS BOWFIN MEMORIAL SCHOLARSHIPS (ADMINISTERED BY HAWAII COMMUNITY FOUNDATION) AND USS KAMEHAMEHA SCHOLARSHIPS (ADMINISTERED BY PAUAHI FOUNDATION).Expenses $6,352,985 · grants $159,881 · revenue $8,640,027
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 99-0185999
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A500)
- Assets (IRS master file)
- $41,360,802
- Income (IRS master file)
- $10,012,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,802,795 | $7,365,565 | $41,360,802 | IRS |
| 990 | December 2023 | $10,178,403 | $6,769,023 | $38,784,260 | XML |
| 990 | December 2022 | $8,962,535 | $5,803,740 | $35,065,985 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 99-0185999).
Questions about PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC
- What is the EIN of PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC?
- The employer identification number (EIN) of PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC is 99-0185999.
- Is PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION 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 PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names CAPT HOMER RING.
- Who are the officers and directors of PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 2 received compensation from the organization, the highest $255,000 (CHARLES K MERKEL USN RET, EXECUTIVE DIRECTOR/PRESIDENT).
- How much revenue does PACIFIC FLEET SUBMARINE MEMORIAL ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,802,795, expenses of $7,365,565 and total assets of $41,360,802 at year end.
Other nonprofits in HONOLULU
- BISHOP MUSEUM EIN 99-0161980 · last filed 990 for 2025
- HONOLULU MUSEUM OF ART EIN 99-0079713 · last filed 990 for 2025
- DORIS DUKE FOUNDATION FOR ISLAMIC ART EIN 05-0523809 · last filed 990-PF for 2024
- PEARL HARBOR AVIATION MUSEUM EIN 99-0337979 · last filed 990 for 2024
- HAWAII PUBLIC TELEVISION FOUNDATION EIN 99-0334518 · last filed 990 for 2025
- OLELO COMMUNITY TELEVISION EIN 99-0275429 · last filed 990 for 2024
- HAWAII SYMPHONY ORCHESTRA EIN 45-2861988 · last filed 990 for 2025
- HAWAII THEATRE CENTER EIN 99-0229658 · last filed 990 for 2025
All nonprofits in HONOLULU · Hawaii · Arts, culture and humanities