2024-05-15T06:22:17-00:00 2023-12-31 ASHLEY J HIRSCH 163 HARBOR DRIVE LAKE BARRINGTON IL 60010 990EZ 2023-01-01 454558069 NATIONAL VETERANS MUSEUM NATI 8473223777 820 CAROL AVE ELGIN IL 60123 JOSEPH A CANTAFIO CEOTRUSTEE 8473223777 2024-05-15 true JOSEPH CANTAFIO ASHLEY J HIRSCH P01784396 8477089325 2024-05-15 X 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X X N/A X X 12000 12000 X 12000 12000 12000 12000 12000 12000 X SEE SCHEDULE O VARIOUS GENERAL JAMES T CONWAY BOARD CHAIRMAN 001.00 0 JOHN F WALLIN PRESIDENT 001.00 0 JOSEPH A CANTAFIO CHIEF EXEC. OFFICER 020.00 0 LIEUTENANT GENERAL RANDALL L RIGBY DIRECTOR 001.00 0 VICE ADMIRAL JAMES C CARD DIRECTOR 001.00 0 KEN FISHER DIRECTOR 001.00 0 JAMES L ZIEMER DIRECTOR 001.00 0 LIEUTENANT GENERAL RICHARD Y NEWTON DIRECTOR 001.00 0 REAR ADMIRAL J MICHAEL JOHNSON DIRECTOR 001.00 0 MAJOR GENERAL ELIZABETH ANN HARRELL DIRECTOR 001.00 0 SERGENT MAJOR CARLTON W KENT DIRECTOR 001.00 0 MASTER CHIEF PO JOE R CAMPA JR DIRECTOR 001.00 0 CMD SGT MAJOR ANTHONY J WILLIAMS DIRECTOR 001.00 0 false false false false false true 249387 0 0 0 false IL JOSEPH A CANTAFIO 820 CAROL AVE ELGIN IL 60123 8473223777 false false false false false false false false false false NONE NONE true X 2620 2620 805 805 3425 3425 3425 0 0 0 0 3425 3425 1.00000 1.00000 0.00000 X SEE PART V SUPP INFO SCH O FORMER KEY EMPLOYEES SEE PART V, SUPP. INFO. SCH. L X 175000 249387 false true true 249387 Part II Line 1 ADDITIONAL INFORMATION PURSUANT TO PROMISSORY NOTE EXECUTED PER SETTLEMENT AGREEMENT AND GENERAL RELEASE OF PESAVANTO ET AL V. NATIONAL VETERANS MUSEUM, NATIONAL VETERANS MUSEUM, IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION, IN A CASE DOCKETED AS CASE NUMBER 114-CV-00380, AGREED TO PAY FORMER KEY EMPLOYEES KIM PESAVENTO, PAUL TURNBAUGH, MICHAEL SAUBERT, AND DENNIS ARINELLO, COLLECTIVELY, 175,000 WHEN FUNDS BECOME AVAILABLE. INTEREST ON THAT AMOUNT FROM JULY 1 2015 TO DECEMBER 31, 2023 AT 5 PER ANNUM UNDER 815 ILCS 205/1 IS 74,387 THEREFORE, THE TOTAL BALANCE DUE AS OF DECEMBER 31, 2023 IS 249,387 240,637 175,000 74,387. Form 990-EZ, Part II, Line 24, Other Assets TWO-WAY RADIOS NOT IN SERVICE Beginning of year 12,000, End of year 12,000 Form 990-EZ, Part II, Line 1 ADDITIONAL INFORMATION SCHEDULE L- PART II, LINE 1, COLUMN F, BALANCE DUE THE TOTAL BALANCE DUE OF 231.887 IS NOT REPORTED ON FORM 990-EZ, PART II, LINE 26, TOTAL LIABILITIES, SINCE THE TAXPAYER USES THE CASH BASIS METHOD OF ACCOUNTING. Form 990-EZ, Part II, Line 24 OTHER ASSETS DESCRIPTION TWO-WAY RADIOS NOT IN SERVICE BEGINNING OF YEAR 12,000 END OF YEAR 12,000 TOTAL BEGINNING OF YEAR 12,000 TOTAL END OF YEAR 12,000. Form 990-EZ, Part II, Line 26 OTHER LIABILITIES DESCRIPTION LOANS FROM OFFICERS BEGINNING OF YEAR 240,637 END OF YEAR 249,387. Form 990-EZ, Part III, Line 10 PRIMARY EXEMPT PURPOSE THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO EDUCATE VISITORS ABOUT THE TIME PERIODS DURING WHICH UNITED STATES TROOPS SERVED THEIR COUNTRY, AND TO PRESERVE THE LEGACY OF AMERICAS VETERANS THROUGH DISPLAYS AND PRESENTATIONS AT THE MUSEUM. THE MUSEUM ALSO WILL PROVIDE VISITORS WITH INFORMATION ABOUT THE VARIOUS BRANCHES OF THE UNITED STATES ARMED FORCES.