NonprofitsUsmma Sailing Foundation Inc

Education

Usmma Sailing Foundation Inc

KINGS POINT, NY

Total revenue

$13.9M

Total expenses

$17.3M

Net assets

$37.5M

Grants received

$1.2M

31 grants

EIN

113561278

Tax year

2024

Mission

To support the united states merchant marine academy & conduct maritime education/training

Financials

FY 2024

Revenue

Contributions & grants$16.8M
Program service revenue
Investment income
Other revenue$1.2M
Total revenue$13.9M

Expenses

Grants paid$166K
Salaries & benefits$528K
Fundraising$195K
Other expenses$16.6M
Total expenses$17.3M
Total assets$38.6M
Net assets$37.5M

People

6 listed

NameRoleCompensation

LARRY A LARSEN

SECRETARY/TREASURER

Board

$140K

40 hrs/wk

RALF STEITZ

PRESIDENT

Board

$132K

40 hrs/wk

JEFFERY G NEUBERTH

CHAIRMAN

Board

3 hrs/wk

PAUL STRAUCH

TRUSTEE

Board

3 hrs/wk

BRIAN GIORGIO

TRUSTEE

Board

3 hrs/wk

CHRISTOPHER J GASIOREK

TRUSTEE

Board

3 hrs/wk

Independent contractors

THE 2ND 3RD LLC

MARINE OPERATIONS

$128K

ICARUS SAILING LLC

PROGRAM MANAGEMENT

$124K

Grants received

Showing 31 of 31

FromAmountPurposeYear
$10K
SINGLE ORGANIZATION SUPPORT
2024
$3K
General Support
2024
$15K
ST PETE TRAINING CENTER MATCHING FUN
2023
$3K
General Support
2023
$600K
CONSERVATION ACTIVITIES
2022
$15K
ST PETE TRAINING CENTER MATCHING FUN
2022
$3K
General Support
2022
$500
FurtherCharitablePurpose
2022
$15K
ST PETE TRAINING CENTER MATCHING FUN
2021
$50
CHARITABLE
2021
$88K
Operating Support
2020
$26K
For grant recipient's exempt purposes
2020
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$25K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2020
$15K
ST. PETE TRAINING CENTER MATCHING FU
2020
$5K
General Support
2020
$500
FurtherCharitablePurpose
2020
$50
CHARITABLE
2020
$10K
ST. PETERSBURG TRAINING CENTER
2019
$100
CHARITABLE
2019
$56K
For grant recipient's exempt purposes
2018
$15K
ST. PETERSBURG TRAINING CENTER
2018
$40K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$3K
GENERAL SUPPORT
2017

Funded by

$1.2M from 15 funders · 31 grants · 2017–2024

The Nature Conservancy

$600K · 1 grant · 2022

National Philanthropic Trust

$200K · 1 grant · 2021

Fidelity Investments Charitable Gift Fund

$122K · 3 grants · 2017–2020

Speer Foundation

$88K · 1 grant · 2020

Hough Family Foundation Inc

$85K · 6 grants · 2018–2023

Donor Advised Charitable Giving Inc

$63K · 4 grants · 2019–2022

Turner Foundation Inc

$25K · 1 grant · 2020

Details

EIN113561278
NTEE codeB114
Subsection03
Ruling date2000-11
Formed2000
Employees5
Volunteers4
USMMA SAILING FOUNDATION INC — Mission, Financials & Grants Received | Grantivo