Marines Memorial Association
- Assets
- $12.1m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 108
- Location
- San Francisco, CA
- Founding
- 05/1983
- Data as of
- 06/2023
- EIN
- 94-1055967
Organization Overview
Marines Memorial Association, operating under the name Same, is located in San Francisco, CA. The organization was established in 1983. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Same employed 108 individuals. This organization is the central organization for a national or regional group of organizations. Same 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 06/2023, Same generated $10.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $12.5m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 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
HONOR THE LEGACY OF MILITARY SERVICE THROUGH A LIVING MEMORIAL AND PROGRAMS THAT COMMEMORATE THE SACRIFICES OF OUR NATION'S VETERANS, EDUCATE THE PUBLIC ABOUT THOSE SACRIFICES, AND SERVE VETERANS OF ALL ERAS, CURRENTLY SERVING MEMBERS OF THE ARMED FORCES AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR FLAGSHIP CLUB IN SAN FRANCISCO CONTAINS A LIVING MEMORIAL THAT HONORS MEN AND WOMEN WHO HAVE PAID THE ULTIMATE SACRIFICE IN SERVICE TO OUR COUNTRY. THROUGHOUT THE HALLS OF THE MARINES' MEMORIAL, IN THE LOBBY, LIBRARY, AND RESTAURANT, VISITORS CAN VIEW ARTIFACTS, PHOTOS, AND WRITTEN PLACARDS THAT PROVIDE INFORMATION ON UNITED STATES MILITARY HISTORY AND THE BRAVE MEN AND WOMEN WHO SERVED, OR ARE STILL SERVING, IN ALL BRANCHES OF THE ARMED FORCES. THE LIVING MEMORIAL ALSO ENCOMPASSES OUR AID AND ASSIST PROGRAM THAT PROVIDES SERVICES TO ACTIVE-DUTY MILITARY, RESERVISTS, AND THOSE WHO ARE TRANSITIONING TO CIVILIAN LIFE. THIS YEAR, WE GRANTED 385 COMPLIMENTARY MEMBERSHIPS TO MARINES' MEMORIAL TO ACTIVE-DUTY SERVICE MEMBERS AND RESERVISTS. THESE FREE MEMBERSHIPS GIVE SERVICE MEMBERS THE OPPORTUNITY TO STAY AT OUR LIVING MEMORIAL IN SAN FRANCISCO FOR A REDUCED PRICE AS THEY TRANSITION TO NEW DUTY STATIONS, ATTEND TRAINING, NETWORK AND CONNECT WITH OTHER VETERANS.
WE PACKAGED AND SHIPPED OVER 260 CARE PACKAGES TO DEPLOYED PERSONNEL WHO DID NOT HAVE ANY ACCESS TO EXCHANGE SERVICES. WE PROVIDED THEM SUNDRY ITEMS SUCH AS CANDY; HYGIENE ITEMS SUCH AS LIP BALM, DEODORANT, DENTAL & SHAVING GEAR; SNACKS SUCH AS TRAIL MIX AND JERKY; AND MISCELLANEOUS ITEMS SUCH AS VITAMIN C; ALONG WITH A BOOK (OR TWO), ETC. ALL TO REFLECT TOKENS OF OUR APPRECIATION FOR WHAT THEY ARE DOING FOR ALL OF US.
AS THE COVID EPIDEMIC ABATED DURING 2022, OUR EDUCATIONAL, COMMEMORATIVE AND SERVICE EVENTS RETURNED TO IN-PERSON EVENTS TO BRING PRESENTATIONS FROM MILITARY AUTHORS, HISTORIANS, HIGH-LEVEL MILITARY LEADERS , VETERAN LEADERS, ENTERTAINERS, AND NATIONAL DEFENSE EXPERTS TO OUR ASSOCIATION MEMBERS AND GUESTS. THESE EVENTS INCLUDED MEET THE AUTHOR, LECTURE, AND LEADING FROM THE FRONT SERIES EVENTS. OUR INAUGURAL EVENT OF THE YEAR WAS A MARINES' MEMORIAL LECTURE SERIES FEATURING A PRESENTATION BY FORMER COMMANDANT OF THE MARINE CORPS, GENERAL ROBERT B. NELLER IN AUGUST 2022. THIS EVENT WAS FOLLOWED UP BY AN EDUCATIONAL "MEET THE REAL TOP GUN" EVENT FEATURING TWO F/A-18 PILOTS INSTRUMENTAL IN THE MAKING OF THE MOVIE "TOP GUN, MAVERICK." IN JULY 2022, WE HOSTED THE FIRST OF THREE "MEET THE AUTHOR" EVENTS WITH A PRESENTATION BY DR. STEVEN TROUT, AUTHOR OF "THE VIETNAM VETERANS MEMORIAL AT ANGEL FIRE," FOLLOWED BY A "MEET THE AUTHOR" PANEL IN OCTOBER FEATURING THREE AUTHORS PROMINENT IN THE VETERAN SPACE, FORMER MARINES FRED GALVAN, AMY FORSYTHE, AND SCOT HUESING. FORMER SOLDIER AND AUTHOR PHIL GIOIA TREATED THE ASSOCIATION WITH ANOTHER MEET THE AUTHOR EVENT IN OCTOBER 2023 WITH A PRESENTATION ON HIS VIETNAM MEMOIR, "DANGER CLOSE." DURING THE YEAR, WE WERE FORTUNATE TO HOST THREE "LECTURE SERIES" EVENTS BEGINNING IN JANUARY WITH BRIGADIER GENERAL JASON MORRIS, COMMANDING GENERAL, MARINES RECRUIT DEPOT SAN DIEGO (JANUARY 2023), LIEUTENANT GENERAL GEORGE SMITH, COMMANDING GENERAL, I MARINE EXECUTIONARY FORCE (MARCH 2023), MAJOR GENERAL BENJAMIN WATSON, COMMANDING GENERAL, FIRST MARINE DIVISION (MAY 2023), AND BRIGADIER GENERAL JASON WOODWORTH, COMMANDING GENERAL, MARINE CORPS INSTALLATIONS WETS / MARINE CORPS BASE, CAMP PENDLETON CA (JUNE 2023). ALSO, DURING 2023, THE ASSOCIATION HOSTED TWO "LEADING FROM THE FRONT" SERIES EVENTS WITH IN-PERSON PRESENTATIONS BY DIRECTOR OF THE MOVIE "DEVOTION," JD DILLARD AND HIS FATHER AND FORMER BLUE ANGEL, BRUCE DILLARD, AND ANOTHER BLOCKBUSTER "LEADING FROM THE FRONT" WITH A GIANT OF THE MILITARY VETERAN COMMUNITY, GENERAL DAVID PETRAEUS (JUNE 2023).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lt Gen Edward Hanlon Jr Usmc Ret Chairman | OfficerTrustee | 2 | $0 |
Mr Adam Faul Vice Chairman | OfficerTrustee | 2 | $0 |
Col Daren Keith Margolin Usmc Ret Secretary | OfficerTrustee | 2 | $0 |
Mr Matthew J Carroll Director | Trustee | 2 | $0 |
Mr Mike Cerre Director | Trustee | 2 | $0 |
Vice Adm Michael J Dumont Usn Ret Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oakvilife Produce Partners Llc Food Supplier | 6/29/23 | $105,901 |
Unique Elevator Interiors Llc Elevator Interior Service | 6/29/23 | $101,213 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $680,755 |
| Fundraising events | $0 |
| Related organizations | $500,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,954,154 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,134,909 |
| Total Program Service Revenue | $6,249,347 |
| Investment income | $137,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $77,569 |
| 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 | $401,152 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,221,291 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $109,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $532,161 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,787,665 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,214,019 |
| Payroll taxes | $497,888 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $155,332 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $531,647 |
| Fees for services: Investment Management | $14,789 |
| Fees for services: Other | $377,044 |
| Advertising and promotion | $98,476 |
| Office expenses | $938,420 |
| Information technology | $216,522 |
| Royalties | $0 |
| Occupancy | $982,935 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $350,640 |
| Interest | $266,393 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $635,013 |
| Insurance | $263,163 |
| All other expenses | $164,020 |
| Total functional expenses | $12,467,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,506,130 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $281,411 |
| Accounts receivable, net | $319,373 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $138,696 |
| Prepaid expenses and deferred charges | $101,306 |
| Net Land, buildings, and equipment | $6,955,672 |
| Investments—publicly traded securities | $2,743,300 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,416 |
| Total assets | $12,061,304 |
| Accounts payable and accrued expenses | $1,597,994 |
| Grants payable | $0 |
| Deferred revenue | $546,828 |
| 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 | $6,601,189 |
| Other liabilities | $382,666 |
| Total liabilities | $9,128,677 |
| Net assets without donor restrictions | $1,284,565 |
| Net assets with donor restrictions | $1,648,062 |
| 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 | $12,061,304 |