Retired Enlisted Association
- Assets
- $3.4m
- Revenue
- $644.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Centennial, CO
- Founding
- 06/1984
- Data as of
- 12/2023
- EIN
- 84-0537947
Organization Overview
Retired Enlisted Association is located in Centennial, CO. The organization was established in 1984. 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, Retired Enlisted Association employed 3 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Retired Enlisted Association is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2023, Retired Enlisted Association generated $644.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $701.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 9 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
TO ENHANCE THE QUALITY OF LIFE FOR UNIFORMED SERVICES ENLISTED PERSONNEL, THEIR FAMILIES AND SURVIVORS; INCLUDING ACTIVE DUTY, VETERANS, RESERVES, NATIONAL GUARD, AND ALL RETIREES; TO STOP THE EROSION OF EARNED BENEFITS THROUGH OUR LEGISLATIVE EFFORTS; TO MAINTAIN OUR ESPIRIT DE CORPS, DEDICATION AND PATRIOTISM; AND TO CONTINUE OUR DEVOTION AND ALLEGIANCE TO GOD AND COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES AND RETENTION: ANNUAL CONVENTION AND OTHER ACTIVITIES TO PROMOTE CONTINUED AND NEW MEMBERSHIP OF ENLISTED PERSONS.
PUBLIC EDUCATION: NOTIFYING OUR MEMBERS AND THE GENERAL PUBLIC OF THE ISSUES FACING ALL ENLISTED MILITARY PERSONNEL (PAST/PRESENT & FUTURE). WHAT BILLS HAVE A POSITIVE OR A NEGATIVE IMPACT ON THOSE WHO HAVE AND ARE CONTINUING TO SERVE OUR COUNTRY. WE HAVE A PROGRAM ON OUR WEBSITE THAT CONNECTS OUR MEMBERS TO THEIR LOCAL STATE REPRESENTATIVES WHERE THEY CAN SEE HOW THEY STAND ON DIFFERENT ISSUES AND CAN REACH OUT TO THEM PERSONALLY. 2022 EXPENSE = 42,707 VOICE: MAGAZINE PUBLISHED QUARTERLY CONTAINING INFORMATION AND ITEMS OF INTEREST RELATED TO ENLISTED PERSONS. 2022 EXPENSE = 37,003
GOVERNMENT AFFAIRS: EFFORTS TO INFLUENCE LEGISLATION GERMANE TO ENLISTED PERSONS.
MEMBERSHIP EDUCATION AND TRAINING: DIRECT MAILING TO CONSTITUENTS REGARDING CURRENT ISSUES AFFECTING ENLISTED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Osborne Operations D | Officer | 40 | $129,664 |
Deb Oelschig President | OfficerTrustee | 10 | $0 |
Walt Coley 1st Vice Pre | OfficerTrustee | 3 | $0 |
Justin Jump 2nd Vice Pre | OfficerTrustee | 3 | $0 |
Garry Turks 3rd Vice Pre | OfficerTrustee | 3 | $0 |
Kyle Carpenter Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $58,844 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $76,274 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,404 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $319,522 |
| Total Program Service Revenue | $200,303 |
| Investment income | $81,309 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $30,640 |
| 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 | $9,873 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $643,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,058 |
| Compensation of current officers, directors, key employees. | $40,037 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,024 |
| Pension plan accruals and contributions | $1,960 |
| Other employee benefits | $6,452 |
| Payroll taxes | $16,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,897 |
| Fees for services: Accounting | $16,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,128 |
| Advertising and promotion | $1,630 |
| Office expenses | $27,506 |
| Information technology | $51,198 |
| Royalties | $0 |
| Occupancy | $44,493 |
| Travel | $13,472 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,169 |
| Interest | $710 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,978 |
| Insurance | $6,307 |
| All other expenses | $16,728 |
| Total functional expenses | $701,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,024 |
| Savings and temporary cash investments | $11,416 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,963 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,517 |
| Prepaid expenses and deferred charges | $21,618 |
| Net Land, buildings, and equipment | $2,989 |
| Investments—publicly traded securities | $3,116,317 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $56,628 |
| Total assets | $3,363,472 |
| Accounts payable and accrued expenses | $100,545 |
| 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 | $61,905 |
| Total liabilities | $162,450 |
| Net assets without donor restrictions | $3,066,524 |
| Net assets with donor restrictions | $134,498 |
| 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 | $3,363,472 |