Marine Corps League
- Assets
- $80.4k
- Revenue
- $27.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, MA
- Founding
- 03/1967
- Data as of
- 12/2022
- EIN
- 04-6188658
Organization Overview
Marine Corps League is located in Quincy, MA. The organization was established in 1967. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Marine Corps League is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Marine Corps League generated $27.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $46.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PURPOSE OF THIS CORPORATION SHALL BE: (A.) TO PRESERVE THE TRADITION AND PROMOTE THE INTERESTS OF THE U.S.M.C.; (B.) TO BAND THOSE WHO ARE NOW SERVING IN THE U.S.M.C. AND THOSE WHO HAVE BEEN HONORABLY DISCHARGED FROM THAT SERVICE TOGETHER IN FELLOWSHIP THAT THEY MAY EFFECTIVELY PROMOTE THE IDEALS OF AMERICAN FREEDOM AND DEMOCRACY; (C.) TO FIT ITS MEMBERS FOR THE DUTIES OF CITIZENSHIP AND TO ENCOURAGE THEM TO SERVE AS ABLY CITIZENS AS THEY HAVE SERVED THE NATION UNDER ARMS; (D.) TO HOLD SACRED THE HISTORY AND MEMORY OF THE MEN WHO HAVE GIVEN THEIR LIVES TO THE NATION; (E.) TO FOSTER LOVE FOR THE PRINCIPLES WHICH THEY HAVE SUPPORTED BY BLOOD AND VALOR SINCE THE FOUNDING OF THE REPUBLIC; (F.) TO MAINTAIN TRUE ALLEGIANCE TO AMERICAN INSTITUTIONS; (G.) TO CREATE A BOND OF COMRADESHIP BETWEEN THOSE IN THE SERVICE AND THOSE THAT HAVE RETURNNED TO CIVILIAN LIFE; (H.) TO AID VOLUNTARILY AND TO RENDER ASSISTANCE TO ALL MARINES AND FORMER MARINES AS WELL AS TO THEIR WIDOWS AND ORPHANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING DISABLED AND NEEDY WAR VETERANS AND MEMBERS OF THE U.S. ARMED FORCES AND THEIR DEPENDENTS, AND THE WIDOWS AND ORPHANS OF DECEASED VETERANS
CARRYING ON PROGRAMS TO PERPETUATE THE MEMORY OF DECEASED VETERANS AND MEMBERS OF THE ARMED FORCES, AND TO COMFORT THEIR SURVIVORS.
SPONSORING OR PARTICIPATING IN ACTIVITIES OF A PATRIOTICE NATURE AS WELL AS PROVIDING SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Cunningham Director | Trustee | 2 | $0 |
Mark Connolly President | Officer | 2 | $0 |
Mary Crowley Treasurer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $517 |
| Net Income from Gaming Activities | $3,803 |
| Net Income from Sales of Inventory | $23,590 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36 |
| Advertising and promotion | $1,919 |
| Office expenses | $449 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $695 |
| Insurance | $5,276 |
| All other expenses | $4 |
| Total functional expenses | $46,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,360 |
| Savings and temporary cash investments | $65,739 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,271 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $80,370 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $80,370 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $80,370 |