NonprofitsU S Submarine Veterans Charitable Foundation Inc

Education

U S Submarine Veterans Charitable Foundation Inc

WATERVLIET, NY

Total revenue

$370K

Total expenses

$281K

Net assets

$1.1M

Grants received

$48K

7 grants

EIN

954830806

Tax year

2024

Mission

The foundation is a charitable arm of the united states submarine veterans', inc. A section 501(c)(19) veterans organization

Programs

3 programs

Kaps 4 kids program. Submarine veterans visit local hospitals to meet with children with cancer or other life-threatening conditions. Each child is given a submariner's ball cap and an honorary submarinier certificate.

Expenses: $4KGrants: $3K

Memorial program. During fy 12/31/2024 the foundation used $37,460 to improve and maintain memorials in the u.s.

Expenses: $37KGrants: $37K

Brotherhood program. This program helps needy submarine veterans who become unable to work or function normally due to medical or natural disaster issues. It also provides support to needy families of u.s. Navy active duty sailors. Total grants and support awarded for the fy 12/31/2024 was $38,103.building fund. A building fund has been established to facilitate the procurement and maintenance of a building to house operations, items and assets of the charitable foundation, and other veteran related organizations. Total grants and support awarded for the fy 12/31/2024 was $39,575.all other income and expenses were incurred as part of general operations.

Expenses: $82KGrants: $82K

Financials

FY 2024

Revenue

Contributions & grants$313K
Program service revenue
Investment income$57K
Other revenue$65
Total revenue$370K

Expenses

Grants paid$258K
Salaries & benefits
Fundraising$7K
Other expenses$23K
Total expenses$281K
Total assets$1.1M
Net assets$1.1M

People

7 listed

NameRoleCompensation

ROBERT BACHMAN

CHARITABLE FOUNDATION PRESIDENT

Board

0

RANDALL STEIN

CHARITABLE FOUNDATION TREASURER

Board

0

JON JAQUES

USSVI NATIONAL COMMANDER

Board

0

GEORGE PALMER

CHARITABLE FOUNDATION VP- EXECUTIVE DIRECTOR

Board

0

KEN EARLS

CHARITABLE FOUNDATION COORDINATOR

Board

0

JOHN SIDLOWSKI

USSVI TREASURER

Board

0

TIMOTHY CARLISLE

USSVI SR. VICE COMMANDER

Board

0

Grants received

Showing 7 of 7

FromAmountPurposeYear
$465
DOLLARS FOR DOING (D4D) / MATCHING FUNDS
2022
$50
MATCHING GIFTS
2022
$10
EMPLOYEE MATCHING GIFT DONATION
2022
$30K
DONOR-RECOMMENDED, HUMAN SERVICES
2021
$20
EMPLOYEE MATCHING GIFTS
2020

Funded by

$48K from 6 funders · 7 grants · 2020–2024

The Minneapolis Foundation

$30K · 1 grant · 2021

Wichita Falls Area Community

$10K · 1 grant · 2022

Xcel Energy Foundation

$465 · 1 grant · 2022

Ge Foundation

$50 · 1 grant · 2022

Duke Energy Foundation

$30 · 2 grants · 2020–2022

Details

EIN954830806
NTEE codeB82
Subsection03
Ruling date2000-11
Formed2000
Employees0
Volunteers0
U S SUBMARINE VETERANS CHARITABLE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo