Grosse Pointe War Memorial Association
- Assets
- $46.8m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 93
- Location
- Grosse Pointe Farms, MI
- Founding
- 12/1950
- Data as of
- 12/2022
- EIN
- 38-1393849
Organization Overview
Grosse Pointe War Memorial Association is located in Grosse Pointe Farms, MI. The organization was established in 1950. As of 12/2023, Grosse Pointe War Memorial Association employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grosse Pointe War Memorial 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 12/2022, Grosse Pointe War Memorial Association generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. 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
HONORING THOSE WHO SERVED THE UNITED STATES IN THE ARMED FORCES, THE MISSION OF THE GROSSE POINTE WAR MEMORIAL ASSOCIATION (THE "WAR MEMORIAL") IS TO PROVIDE EDUCATIONAL, CULTURAL, CIVIC, AND PATRIOTIC ACTIVITIES THAT ENRICH THE QUALITY OF LIFE THROUGH PROGRAMS, SERVICES, AND FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ENGAGEMENT - THE WAR MEMORIAL PROVIDES DIVERSE, EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF ALL AGES. STUDENTS MAY RECEIVE ON-SITE INSTRUCTION CONCERNING A WIDE RANGE OF TOPICS THROUGH MULTIPLE OR SINGLE-SESSION CLASSES, LECTURES, AND WORKSHOPS. IN ADDITION, STUDENTS MAY PARTICIPATE IN ESCORTED DAY AND OVERNIGHT TRIPS AND EXTENDED EDUCATIONAL TRAVEL TO A VARIETY OF DESTINATIONS. THE WAR MEMORIAL ALSO OFFERS CONCERTS, PLAYS, DANCES, AND BALLET PERFORMANCES, AND HONORS PATRIOTIC HOLIDAYS, SUCH AS MEMORIAL DAY AND VETERANS DAY, WITH SPECIAL ACTIVITIES.
HOSPITALITY - THE WAR MEMORIAL PROVIDES FACILITIES FOR VETERANS AND THEIR FAMILIES, NONPROFIT ORGANIZATIONS, AND COMMUNITY GROUPS FOR MEETINGS, BANQUETS, AND OTHER SPECIAL EVENTS. THE WAR MEMORIAL'S HOSPITALITY DEPARTMENT PREPARES AND SERVES ALL MEALS FOR SUCH FUNCTIONS.
PATRIOT THEATER - THE WAR MEMORIAL PROVIDES CURATED FILMS TO PERSONS AND ORGANIZATIONS IN THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Hoban Chair | OfficerTrustee | 2 | $0 |
Amy Chesterton Vice-Chair | OfficerTrustee | 0.8 | $0 |
Edward Russell III Treasurer | OfficerTrustee | 1.2 | $0 |
Alicia Nicholson Secretary | OfficerTrustee | 0.8 | $0 |
Charles Huebner Director | Trustee | 0.6 | $0 |
Scottie Knight Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frank Rewold & Son Inc Construction Contractor | 12/30/22 | $8,351,050 |
Atelier Laforge Construction Contractor | 12/30/22 | $811,538 |
Albaugh Masonry Stone & Tile Inc Construction Contractor | 12/30/22 | $264,308 |
Rossetti Construction Contractor | 12/30/22 | $243,580 |
Train Us Inc Construction Contractor | 12/30/22 | $179,766 |
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 | $659,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $659,890 |
| Total Program Service Revenue | $1,543,084 |
| Investment income | $372,979 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$44,580 |
| Net Income from Fundraising Events | $4,750 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,536,123 |
| 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. | $752,358 |
| Compensation of current officers, directors, key employees. | $194,429 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,565,003 |
| Pension plan accruals and contributions | $30,726 |
| Other employee benefits | $108,458 |
| Payroll taxes | $153,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $374,448 |
| Advertising and promotion | $51,252 |
| Office expenses | $930,602 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $270,165 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $104,342 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $265,559 |
| Insurance | $82,150 |
| All other expenses | $0 |
| Total functional expenses | $5,269,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $209,375 |
| Accounts receivable, net | $11,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,308 |
| Prepaid expenses and deferred charges | $30,270 |
| Net Land, buildings, and equipment | $23,513,063 |
| Investments—publicly traded securities | $22,488,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,599 |
| Total assets | $46,783,391 |
| Accounts payable and accrued expenses | $420,050 |
| Grants payable | $0 |
| Deferred revenue | $920,757 |
| 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 | $16,297,223 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $79,129 |
| Total liabilities | $17,717,159 |
| Net assets without donor restrictions | $28,844,917 |
| Net assets with donor restrictions | $221,315 |
| 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 | $46,783,391 |