New York Council Navy League Of The United States Inc
- Assets
- $4.6m
- Revenue
- $570.7k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 11/2017
- Data as of
- 12/2023
- EIN
- 82-2409006
Organization Overview
New York Council Navy League Of The United States Inc is located in New York, NY. The organization was established in 2017. 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 12/2023, New York Council Navy League Of The United States Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Council Navy League Of The United States 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 12/2023, New York Council Navy League Of The United States Inc generated $570.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $804.6k during the year ending 12/2023. 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
EDUCATIONAL NON-PROFIT ORGANIZATION CITIZENS IN SUPPORT OF THE SEA SERVICES. US NAVY, US MARINE CORPS, US COAST GUARD AND THE U.S. FLAG MERCHANT MARINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH PROGRAMSTHE ORGANIZATION SUPPORTS SEVERAL PROGRAMS AND ACTIVITIES THAT EXPOSE LOCAL YOUTH TO CIVIC RESPONSIBILITY AND THE LEADERSHIP QUALITIES OF THE SEA SERVICES. 2023 PROGRAMMING INCLUDED: FINANCIAL SUPPORT OF FIVE JROTC UNITS, STIPENDS RECOGNIZING OUTSTANDING PARTICIPATION OF INDIVIDUAL JROTC MEMBERS, FINANCIAL SUPPORT OF THREE LOCAL NAVAL SEA CADET UNITS AND ONE YOUNG MARINES UNIT, AND AWARDING OF BACKPACKS FILLED WITH SCHOOL SUPPLIES TO ALL NEW YOUTH PROGRAM PARTICIPANTS.
THE ORGANIZATION'S REMAINING PROGRAM IS FOR MEMBERSHIP RECRUITING, RETENTION, AND SUPPORT.
FLEET SUPPORTTHE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO UNITS AND INDIVIDUAL PERSONNEL OF THE SEA SERVICES AND THEIR FAMILIES. 2023 PROGRAMMING INCLUDED: FUNDING A NAVY PREP PROGRAM SCHOLARSHIP AT SUNY MARITIME COLLEGE, COMMISSIONING OF USS COOPERSTOWN, AWARDS TO SAILORS OF THE QUARTER/YEAR FOR USCG STATION NY, USCG SECTOR NY, USCG MSST NY AND NAVAL TALENT ACQUISITION GROUP-EMPIRE STATE; HOSTING OF EVENTS DURING FLEET WEEK NEW YORK; ANNUAL RECOGNITION OF NEWLY COMMISSIONED OFFICERS AT USMMA, SUNY MARITIME COLLEGE AND FORDHAM UNIVERSITY; SUPPORT FOR PROGRAMS AT LOCAL AND VISITING USCG, NAVY AND MARINE CORPS COMMANDS AND MERCHANT MARINE EDUCATIONAL INSTITUTIONS.
EDUCATION & ADVOCACYTHE ORGANIZATION HOSTS EVENTS AND RUNS PROGRAMS FOR MEMBERS AND THE PUBLIC TO FURTHER OUR MISSION OF EDUCATING THE PUBLIC AND ELECTED OFFICIALS ON THE IMPORTANCE OF THE SEA SERVICES. 2023 PROGRAMMING INCLUDED: THE NEW YORK MARITIME SECURITY CONFERENCE, TWO IN-PERSON NATIONAL SECURITY BRIEFINGS, SUPPORT OF THE COAST GUARD ART PROGRAM AND SUPPORT FOR MARITIME INDUSTRY STUDENTS AND GRADUATES AT KINGSBOROUGH COMMUNITY COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Capt Frank R Russo Jr Usn Ret President | OfficerTrustee | 5 | $0 |
Col Charles R Blaich Usmc Ret Vice President | OfficerTrustee | 2 | $0 |
Cdr Evan D Dash Usn Ret Vice President | OfficerTrustee | 2 | $0 |
Nadia Farooq Vice President | OfficerTrustee | 2 | $0 |
Gary K Kilberg Vice President | OfficerTrustee | 2 | $0 |
Norma Milio Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,225 |
| Fundraising events | $175,656 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $283,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $463,906 |
| Total Program Service Revenue | $25,982 |
| Investment income | $102,203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $80,287 |
| Net Income from Fundraising Events | -$101,730 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $570,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,300 |
| Grants and other assistance to domestic individuals. | $29,950 |
| 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 | $190,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $360 |
| Payroll taxes | $16,198 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,219 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,802 |
| Fees for services: Other | $2,818 |
| Advertising and promotion | $0 |
| Office expenses | $39,644 |
| Information technology | $1,146 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,150 |
| 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 | $4,837 |
| All other expenses | $394,929 |
| Total functional expenses | $804,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,431 |
| Savings and temporary cash investments | $189,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,705 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $950,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,402,309 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,590,781 |
| Accounts payable and accrued expenses | $8,936 |
| Grants payable | $0 |
| Deferred revenue | $1,063 |
| 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 | $9,999 |
| Net assets without donor restrictions | $4,483,408 |
| Net assets with donor restrictions | $97,374 |
| 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 | $4,590,781 |
Grants Awarded
Over the last fiscal year, New York Council Navy League Of The United States Inc has awarded $60,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAVY JUNIOR RESERVE OFFICERS TRAINING CORPS PURPOSE: GENERAL SUPPORT | $50,300 |
KINGSBOROUGH COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP PROGRAM | $10,000 |