Naval Submarine League

Organization Overview

Naval Submarine League is located in Alexandria, VA. The organization was established in 1985. 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. As of 03/2022, Naval Submarine League employed 12 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Naval Submarine League 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 03/2022, Naval Submarine League generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $1.5m during the year ending 03/2022. While expenses have increased by 6.9% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE LEAGUE SHALL:A. ACTIVELY SEEK OPPORTUNITIES TO STIMULATE AND PROMOTE AWARENESS, BY ALL ELEMENTS OF AMERICAN SOCIETY, OF THE NEED FOR A STRONG UNDERSEA ARM OF THE UNITED STATES NAVY.B. ENCOURAGE MUTUAL UNDERSTANDING AND A CLOSE WORKING RELATIONSHIP BETWEEN AMERICAN SOCIETY AND THOSE SEGMENTS OF THE UNITED STATES GOVERNMENT RESPONSIBLE FOR THE ACQUISITION AND EMPLOYMENT OF SUBMARINES FOR THE COMMON DEFENSE AND NATIONAL SECURITY.C. PROVIDE A FORUM ON PROFESSIONAL MATTERS AFFECTING THE SUBMARINE FORCE AND ITS INTEGRAL ROLE IN NATIONAL SECURITY WHEREBY: THE VIEWS AND PERCEPTIONS OF LEAGUE MEMBERS CAN BE FOCUSED AND EXPOUNDED, AND DIVERSE ELEMENTS OF INDUSTRY, ACADEMIA, AND GOVERNMENT CAN BE BROUGHT TOGETHER TO IDENTIFY, STUDY, AND DEVELOP POTENTIAL SOLUTIONS TO UNDERSEA WARFARE CHALLENGES.D. PROMOTE GREATER LIAISON AND COMMUNICATIONS AMONG GOVERNMENT, ACADEMIC, AND BUSINESS COMMUNITIES TO FURTHER UNDERSTANDING AND APPRECIATION OF THE PAST, PRESENT, AND FUTURE CONTRIBUTIONS OF THE SUBMAR

Describe the Organization's Program Activity:

THE PURPOSE OF THE NSL ANNUAL SYMPOSIUM & INDUSTRY UPDATE IS TO FACILITATE THE EXCHANGE OF BUSINESS, TECHNICAL, AND PROFESSIONAL INFORMATION RELEVANT TO SUBMARINES AND UNDERSEA WARFARE, INCLUDING UNMANNED SYSTEMS. THE TWO-DAY EVENT IS TRADITIONALLY ACCEPTED BY DOD AS A WIDELY ATTENDED GATHERING, ENABLING ACTIVE DUTY ATTENDANCE. PRESENTATIONS ARE MADE BY SUBMARINE FORCE LEADERSHIP WITH UPDATES ON MAJOR ACQUISITION AND PROGRAMMATIC ISSUES. ACTIVE DUTY PANELS PROVIDE ADDITIONAL INSIGHT INTO THE EXPERIENCES AND NEEDS OF TODAY'S SUBMARINERS. INDUSTRY AND GOVERNMENT AGENCIES PRESENT TECHNICAL PAPERS, DISCUSSION, AND SOLUTIONS VIA EXHIBIT DISPLAYS. THERE ARE CONTINUOUS OPPORTUNITIES FOR NAVY LEADERSHIP AND INDUSTRY NETWORKING.


PROGRAM DEVELOPMENT AND OTHER PROGRAMSOTHER PROGRAMS INVOLVE BOTH STAFF AND INDIVIDUAL MEMBERS ACROSS THE COUNTRY. ACTIVE DUTY SUPPORT INCLUDES AWARDS, COMMISSIONING COMMITTEES, A MENTOR PROGRAM, NROTC, SUB CLUBS, AND THE US NAVAL ACADEMY. COMMUNICATING WITH THE PUBLIC ABOUT THE IMPORTANCE OF SUBMARINES TO THE NATIONAL DEFENSE IS ACCOMPLISHED THROUGH INDUSTRY BRIEFS, SPEAKERS BUREAU, THE SUBMARINE REVIEW ONLINE ARCHIVE, AND THE NSL WEBSITE. THE HERITAGE OF THE SUBMARINE FORCE IS PRESERVED VIA DISTINGUISHED CIVILIAN AND SUBMARINER ANNUAL AWARDS, RECORDED INTERVIEWS, SUBMARINE REUNIONS, AND THE DEVELOPMENT OF A LIBRARY AND RESOURCE CENTER.


THE SUBMARINE TECHNOLOGY SYMPOSIUM (STS) IS A CLASSIFIED (SECRET/NOFORN) THREE-DAY CONFERENCE, USUALLY HELD AT THE KOSSIAKOFF CENTER ON THE CAMPUS OF JOHNS HOPKINS UNIVERSITY. THE PURPOSE OF THE STS IS TO FACILITATE THE EXCHANGE OF BUSINESS, TECHNICAL, AND PROFESSIONAL INFORMATION RELEVANT TO SUBMARINES AND UNDERSEA WARFARE, INCLUDING UNMANNED SYSTEMS. THIS IS A PREMIER OPPORTUNITY FOR NAVY LEADERSHIP, INDUSTRY AND ACADEMIA TO ENGAGE IN PRODUCTIVE TECHNICAL EXCHANGES. INDUSTRY, GOVERNMENT, AND ACADEMIA ARE INVITED TO SUBMIT ABSTRACTS FOR PRESENTATION. THE ON-SITE FORMAT INCLUDES SELECTED DISPLAYS OF NEW TECHNOLOGY DEVELOPMENTS. SPEAKERS GENERALLY ALLOW TIME FOR Q&A AND THERE ARE BREAKS BETWEEN SESSIONS TO FOSTER DISCUSSION AND NETWORKING.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Oliver
Executive Dir.
$198,134
John M Bird
Treasurer
$0
William Hilarides
President
$0
Jonathan Greenert
Chairman
$0
Robert F Hogue
Secretary
$0
Laura Hooks
Vice President
$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$396,059
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$396,059
Total Program Service Revenue$1,524,772
Investment income $76,352
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $46,590
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,053,447

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Naval Submarine League has recieved totaling $33,422.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$21,250
Community Foundation Of Western Nevada

Reno, NV

PURPOSE: General support

$10,000
Corbin A And Dorice S Mcneill Foundation

Jackson, WY

PURPOSE: SUPPORT FOR NAVAL HISTORY AND EDUCATION

$1,000
Fellows Foundation

Boston, MA

PURPOSE: GENERAL PURPOSE

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$172
View Grant Recipient Profile

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