Women Marines Association
- Assets
- $2.6m
- Revenue
- $269.8k
- Investments
- $163.1k
- Employees
- 0
- Location
- Wakefield, MA
- Founding
- 04/1973
- Data as of
- 06/2022
- EIN
- 23-7084026
Organization Overview
Women Marines Association is located in Wakefield, MA. The organization was established in 1973. According to its NTEE Classification (R24) the organization is classified as: Womens Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Women Marines Association 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 06/2022, Women Marines Association generated $269.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $338.4k during the year ending 06/2022. While expenses have increased by 10.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WMA IS A 501(C)(3) NON-PROFIT CHARITABLE ORGANIZATION COMPRISED OF WOMEN WHO HAVE SERVED OR ARE SERVING HONORABLY IN THE UNITED STATES MARINE CORPS REGULAR OR RESERVE COMPONENTS AS WELL AS THE FMF CERTIFIED NAVY CHAPLAINS AND CORPSMEN. WMA CONDUCTS CHARITABLE AND EDUCATIONAL OPPORTUNITIES FOR ITS MEMBERS AND MILITARY VETERANS, SERVICE PROGRAMS TO SUPPORT VETERANS, A PROGRAM TO PROVIDE GRANTS OF EMERGENCY FUNDS TO VETERANS IN NEED, AND MATCHING FUNDS AND GRANTS TO CHAPTERS THAT ARE SUPPORTING VETERANS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXPENSES NOTED ABOVE ARE MANAGEMENT EXPENSES (HOUSEKEEPING EXPENSES) FOR SCHOLARSHIPS, GRANTS, AND DONATION CORRESPONDENCE, MAILING, PRINTING OF OUR NEWSLETTER ETC. THE WMA DOES PROVIDE GRANTS (EMERGENCY IN NATURE FOR WOMEN VETERANS WHO REQUEST IT AND CAN PROVE THEIR NEED) AND THERE ARE SOME EXPENSES TO HELP SUPPORT THE PROGRAM.
'NOUNCEMENTS IS A QUARTERLY NEWSLETTER THAT IS PUBLISHED ELECTRONICALLY AND ALSO PRINTED TO PROVIDE MEMBERS THAT DO NOT HAVE ELECTRONIC ACCESS VIA INTERNET TO HAVE A COPY. APPROXIMATELY 500 ARE PUBLISHED IN HARD COPY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Crittenden President | OfficerTrustee | 40 | $0 |
Patricia Collins Vice President | OfficerTrustee | 20 | $0 |
Karen Laino Giannuzzi Director Of Development And Fundraising | OfficerTrustee | 15 | $0 |
Christine Williams Treasurer/director Of Finance | OfficerTrustee | 20 | $0 |
Kathryn Montira Secretary/director Of Admin | OfficerTrustee | 20 | $0 |
Margaret Lazarus Director Of Marketing And Communications | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $27,931 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,780 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,711 |
| Total Program Service Revenue | $0 |
| Investment income | $96,628 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,001 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,364 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $58,715 |
| 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 | $181,200 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,690 |
| Fees for services: Other | $6,715 |
| Advertising and promotion | $15,579 |
| Office expenses | $7,189 |
| Information technology | $8,245 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,604 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $613 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,937 |
| All other expenses | $2,448 |
| Total functional expenses | $338,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,325 |
| Savings and temporary cash investments | $10,616 |
| Pledges and grants receivable | $2,675 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,657 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,357,558 |
| Investments—other securities | $163,072 |
| Investments—program-related | $0 |
| Intangible assets | $64,589 |
| Other assets | $0 |
| Total assets | $2,618,742 |
| Accounts payable and accrued expenses | $36,513 |
| 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 | $36,513 |
| Net assets without donor restrictions | $1,784,269 |
| Net assets with donor restrictions | $797,960 |
| 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 | $2,618,742 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ms Foundation For Women Inc Brooklyn, NY | $69,143,480 | $25,679,441 |
Sauti Yetu Center For African Women Bronx, NY | $952,477 | $6,239,726 |
National Advocates For Pregnant Women Inc New York, NY | $7,432,150 | $2,875,446 |
Supermajority New York, NY | $4,041,789 | $2,080,000 |
Legal Momentum New York, NY | $1,688,523 | $2,018,416 |
Higher Heights For America Brooklyn, NY | $1,341,645 | $2,001,152 |
Global Justice Center New York, NY | $2,317,303 | $1,737,408 |
Womens Forum Inc New York, NY | $980,683 | $988,897 |
Zioness Movement Inc New York, NY | $1,242,290 | $1,407,913 |
Connecticut Womens Educational And Legal Fund Inc Hartford, CT | $699,214 | $695,927 |
Advertising Women Of New York Inc Forest Hills, NY | $993,172 | $573,246 |
Womans Seamens Friend Society Of Connecticut New Haven, CT | $1,463,134 | $514,285 |