Worcester County Veterans Memorial At Ocean Pines Foundation Inc
- Assets
- $351.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berlin, MD
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 20-3130695
Organization Overview
Worcester County Veterans Memorial At Ocean Pines Foundation Inc is located in Berlin, MD. The organization was established in 2005. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worcester County Veterans Memorial At Ocean Pines Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Worcester County Veterans Memorial At Ocean Pines Foundation Inc generated $86.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $53.0k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PLANNED CEREMONIES ON MEMORIAL AND VETERANS DAYEDUCATION AND OUTREACH TO PROVIDE MATERIALS AND SPEAKERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Gilmore President | 3 | $0 | |
Larry Perrone Director | 1 | $0 | |
Mary Adair Treasurer | 3 | $0 | |
Ken Ingram Secretary | 1 | $0 | |
James Spicknall Director | 1 | $0 | |
Patricia Masterson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,008 |
| Total Program Service Revenue | $5,175 |
| Membership dues | $2,675 |
| Investment income | $28,863 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $44,292 |
| Other Revenue | $0 |
| Total Revenue | $86,013 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,016 |
| Occupancy, rent, utilities, and maintenance | $3,289 |
| Printing, publications, postage, and shipping | $3,554 |
| Other expenses | $24,987 |
| Total expenses | $53,016 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,832 |
| Other assets | $0 |
| Total assets | $351,040 |
| Total liabilities | $0 |
| Net assets or fund balances | $351,040 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Worcester County Veterans Memorial At Ocean Pines Foundation Inc has recieved totaling $10,276.
| Awarding Organization | Amount |
|---|---|
American Legion Ocean City, MD PURPOSE: VETERANS MEMORIAL | $10,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Army Historical Foundation Inc Fort Belvoir, VA | $16,487,331 | $17,384,969 |
Virginia Historical Society Richmond, VA | $152,846,402 | $30,481,870 |
United States Foundation For The Commemoration Of The World Wars Arlington, VA | $17,191,453 | $4,408,831 |
Victims Of Communism Memorial Foundation Inc Washington, DC | $17,153,978 | $4,238,783 |
Us Navy Memorial Foundation Washington, DC | $3,731,955 | $5,647,232 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
Maryland Historical Society Baltimore, MD | $35,915,742 | $5,321,306 |
Trust For The National Mall Washington, DC | $50,852,844 | $38,863,743 |
Association For The Preservation Of Virginia Antiquities Richmond, VA | $27,559,744 | $5,571,617 |
American Historical Association Washington, DC | $10,775,431 | $4,710,138 |
Robert E Lee Memorial Association Stratford, VA | $32,464,208 | $3,400,673 |
Grand Opera House Inc Wilmington, DE | $14,790,071 | $4,641,667 |