Artillery Ocs Alumni Chapter Inc
- Assets
- $896.7k
- Revenue
- $246.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Ft Sill, OK
- Founding
- 04/2003
- Data as of
- 09/2023
- EIN
- 74-3052514
Organization Overview
Artillery Ocs Alumni Chapter Inc is located in Ft Sill, OK. The organization was established in 2003. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Artillery Ocs Alumni Chapter 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 09/2023, Artillery Ocs Alumni Chapter Inc generated $246.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $12.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE THE HISTORY AND HOUSE THE ARCHIVES OF THE ARTILLERY OFFICER CANDIDATE SCHOOL & HALL OF FAME. CONDUCT PERIODIC REUNION OF GRADUATES, AS FEASIBLE. CONTRIBUTE TO ENDOWED LOCAL SCHOLARSHIP IN LEADERSHIP FOR ROTC CADETS, AS ABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORY AND LEGACY: EFFORTS TO PRESERVE THE HISTORY AND LEGACY OF ARTILLERY OCS CONTINUED IN FY2022, WITH EMPHASIS ON THE PRESENTATION AND DISPLAY OF CHAPTER ARTIFACTS FOR WHEN THE OCS HERITAGE HALL ANNEX TO THE FIELD ARTILLERY MUSEUM IS COMPLETED. OVER 4,000 ALUMNI RECEIVED BY MAIL OR EMAIL THE ANNUAL NEWSLETTER AND PERIODIC UPDATES OF ACTIVITIES AND PLANS. COVID AND OTHER MATTERS HAVE DELAYED RESUMPTION OF THE CHAPTER'S ANNUAL REUNION SINCE THE LAST ONE HELD IN 2019. PLANS FOR FUTURE REUNIONS OR LIKE EVENTS ARE UNCETAIN, BUT THE BOARD CONTINUES TO ASSESS THIS. ALL HISTORY AND LEGACY ACTIVITIES WERE PERFORMED BY VOLUNTEER GRADUATES AND FRIENDS OF THE ARTILLERY OFFICER CANDIDATE SCHOOL. THERE WERE NO SALARIES PAID OR EMPLOYEES. COSTS RELATED TO THESE EFFORTS, AND THE STORAGE OF ARTIFACTS WERE FUNDED BY CASH RESERVES AND DONATIONS FROM GRADUATES AND FRIENDS.
SCHOLARSHIPS: IN FY 2022, THE OCS CHAPTER CONTRIBUTED $300 TO THE CAMERON UNIVERSITY FOUNDATION FOR THE ENDOWED SCHOLARSHIP IN LEADERSHIP WHICH THE CHAPTER HAD ESTABLISHED AT THE UNIVERSITY IN FY2020. THESE FUNDS ARE INTENDED TO BE USED FOR THE BENEFIT OF ROTC CADETS ENROLLED AT THE UNIVERSITY. THE BOARD OF DIRECTORS IDENTIFIED THIS SCHOLARSHIP AS A PRIORITY AND PLAN TO CONTRIBUTE AS MUCH AS PRUDENT AND PRACTICAL IN FUTURE YEARS. GIVEN THE DRAMATIC INCREASE IN COSTS, ESTIMATED AND INCURRED, FOR THE HERITAGE HALL ANNEX, SCHOLARSHIP AWARD MONEY WAS SUBSTANTIALLY REDUCED FOR FY2022. THE BOARD OF DIRECTORS HAS BUDGETED $3,000 FOR FY2023 AND HOPES THAT AMOUNT CAN BE INCREASED.
HERITAGE HALL ANNEX: BIDS WERE LET AND CONSTRUCTION BEGAN FOR THE HERITAGE HALL ANNEX IN FY2022, AS WERE THE COSTS ASSOCIATED WITH ARCHITECTURAL DESIGN AND ENGINEERING, CONSTRUCTION COSTS OF THE HERITAGE HALL ARE CARRIED AS A WORK-IN-PROCESS ASSET AT THIS TIME. THE ENTIRE COST WILL REMAIN AS A CHAPTER ASSET UNTIL FT.SILL ACCEPTS THE ANNEX AS A GIFT FROM THE CHAPTER TO THE ARTILLERY MUSEUM, WHEN COMPLETED. AT THAT TIME, THE TOTAL AMOUNT INCURRED FOR THIS ASSET WILL BE EXPENSED AS A CONTRIBUTION TO THE MUSEUM, AND THE FINISHED ASSET REMOVED FROM THE CHAPTER'S BALANCE SHEET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Richard Cobin Director | Trustee | 3 | $0 |
Col Ret Dr Wayne Hunt Director | Trustee | 3 | $0 |
Ltc Ret David Kendall Director | Trustee | 3 | $0 |
Ltc Ret John Menning Director | Trustee | 3 | $0 |
Mr Mendell Schelin Director | Trustee | 3 | $0 |
Mr William Ford President | Officer | 5 | $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 | $244,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,043 |
| Total Program Service Revenue | $0 |
| Investment income | $2,627 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,867 |
| Information technology | $140 |
| Royalties | $0 |
| Occupancy | $3,130 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,993 |
| Savings and temporary cash investments | $322,171 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $448,578 |
| Total assets | $896,742 |
| 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 | $179,244 |
| Net assets with donor restrictions | $717,498 |
| 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 | $896,742 |