2024-10-03T10:50:43-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2023-01-01 540460860 MARINE CORPS ASSOCIATION MARI 7036400101 715 BROADWAY STREET QUANTICO VA 22134 LTGEN CHARLES CHIAROTTI PRESIDENT AND CEO 7036400101 2024-09-27 1 0 ROBERT WILLIAMS P01345960 5712279500 2024-09-27 2023 2024-10-15 13:58:12Z LTGEN CHARLES CHIAROTTI 715 BROADWAY STREET QUANTICO VA 22134 12870272 0 X WWW.MCA-MARINES.ORG X 1972 DC TO SUPPORT THE MARINE CORPS BY DISSEMINATING KNOWLEDGE OF MILITARY ART & SCIENCE AMONG MARINES. 20 19 113 21 560957 0 0 150000 4241344 4261056 434436 544990 3086357 2928999 7762137 7885045 0 0 0 0 4357345 4635757 0 0 0 3001302 3211866 7358647 7847623 403490 37422 16136568 16659746 2485109 2215072 13651459 14444674 X THE MISSION OF THE MARINE CORPS ASSOCIATION IS TO SUPPORT THE MARINE CORPS BY DISSEMINATING KNOWLEDGE OF MILITARY ART AND SCIENCE AMONG MARINES, PROVIDE OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT FOR MARINES AND TO FOSTER THE SPIRIT AND PRESERVE THE TRADITIONS OF THE KNOWLEDGE OF MILITARY ART AND SCIENCE AMONG MARINES, PROVIDE OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT FOR MARINES AND TO FOSTER THE SPIRIT AND PRESERVE THE TRADITIONS OF THE MARINE CORPS THROUGHOUT THE MARINE CORPS FAMILY. 0 0 RETAIL OPERATIONS:SINCE THE MARINE CORPS ASSOCIATION IS THE PREMIER PROVIDER OF ALL IN-PRINT BOOKS LISTED ON THE MARINE CORPS PROFESSIONAL READING PROGRAM, IT OPERATES A RETAIL BOOK SERVICE (BOTH ONLINE AND THROUGH BRICK AND MORTAR STORES) FOR THE CONVENIENCE OF MEMBERS IN BUILDING THEIR OWN PROFESSIONAL LIBRARIES. BOOKSTORES ARE LOCATED IN CAMP LEJEUNE, NORTH CAROLINA AND WITHIN THE MARINE SHOP IN QUANTICO, VIRGINIA. IN JULY 2019 THE BOOKSTORE IN CAMP LEJUNE CLOSED. THE MAIL ORDER SERVICE IS LOCATED IN QUANTICO, VIRGINIA, IN THE MARINE CORPS ASSOCIATION HEADQUARTERS. WITH THE PURCHASE OF THE MARINE SHOP IN QUANTICO, VIRGINIA, IN JANUARY 2007, THE MARINE CORPS ASSOCIATION IS NOW ABLE TO OFFER QUALITY UNIFORMS, ACCESSORIES AND SERVICES TO ALL MARINES. THESE PRODUCTS AND SERVICES COMPLEMENT THE MARINE CORPS. PUBLICATIONS AND MEMBERSHIP:THE MARINE CORPS ASSOCIATION PRODUCES TWO MONTHLY PUBLICATIONS, THE "MARINE CORPS GAZETTE AND THE "LEATHERNECK." THE "MARINE CORPS GAZETTE'S" MISSION HAS REMAINED UNCHANGED DURING ITS 104 YEARS OF PUBLICATION: "TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS THAT WILL ADVANCE KNOWLEDGE, INTEREST AND ESPRIT IN THE MARINE CORPS". THE "LEATHERNECK MAGAZINE" CONTINUES ITS COMMITMENT TO TELLING THE CORPS' STORY WITH ARTICLES ON ITS ILLUSTRIOUS HISTORY, CURRENT OPERATIONS AND EXERCISES, CONTINUING UPDATES ON THE ORGANIZATION AND EQUIPMENT OF MARINES, AND PLANS FOR THE FUTURE. THESE MAGAZINES ARE OFFERED AS PART OF THE BENEFITS OF MCA MEMBERSHIP. PROFESSIONAL DEVELOPMENT AND AWARDS DINNER:EACH YEAR MCA ADVANCES LEADERSHIP AND RECOGNIZES EXCELLENCE IN MARINES THROUGH DINNERS, LUNCHEONS AND PROFESSIONAL EVENTS. THESE PROFESSIONAL DEVELOPMENT OPPORTUNITIES PROMOTE CAMARADERIE AMONG MARINES AND PROVIDE THE OPPORTUNITY FOR MARINES TO LEARN LEADERSHIP AND MENTORING SKILLS, ACQUIRE ADDITIONAL KNOWLEDGE OF ONGOING OPERATIONS, AND RECEIVE STRATEGIC AND TACTICAL INFORMATION FROM HIGH PROFILE GUEST SPEAKERS. 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 24 0 1 113 1 1 1 0 0 0 0 0 0 0 X 20 19 0 0 1 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA NC VA X ANGELA HILLMAN DIRECTOR OF FINANCE 7036400101 715 BROADWAY STREET QUANTICO VA 22134 LTGEN CHARLES CHIAROTTI USMC RET PRESIDENT & CEO 34.50 5.50 X X 252292 25000 14209 LTGEN JOHN TOOLAN USMC RET CHAIR OF THE BOARD 2.00 2.00 X X 0 0 0 JAY HOLMES VICE CHAIR OF THE BOARD 2.00 2.00 X X 0 0 0 BRYAN WOOD GENERAL COUNSEL 2.00 2.00 X X 0 0 0 LTCOL CHRIS DAVIS USMC RET DIRECTOR 2.00 2.00 X 0 0 0 MR WILLIAM TIMOTHY EICHORN DIRECTOR 2.00 2.00 X 0 0 0 COL BOB LOVE USMCRRET DIRECTOR 2.00 2.00 X 0 0 0 MR MICHAEL MARTZ DIRECTOR 2.00 2.00 X 0 0 0 COL EMILY SWAIN USMC RET DIRECTOR 2.00 2.00 X 0 0 0 LTGEN MARK A BRILAKIS DIRECTOR 2.00 2.00 X 0 0 0 SGTMAJ ROBIN C FORTNER DIRECTOR 2.00 2.00 X 0 0 0 LTCOL WENDY GARRITY DIRECTOR 2.00 2.00 X 0 0 0 MAJGEN JAMES KESSLER GOVERNANCE COMMITTEE CHAIR 2.00 2.00 X 0 0 0 SGTMAJ GARY SMITH DIRECTOR 2.00 2.00 X 0 0 0 LTCOL JEFF SPEIGHTS DIRECTOR 2.00 2.00 X 0 0 0 SGTMAJ MICHAEL MACK USMS RET DIRECTOR 2.00 0.00 X 0 0 0 MAJ THOMAS CRAIG USMC RET DIRECTOR 2.00 2.00 X 0 0 0 SGTMAJ STEPHANIE MURPHY USMC RET DIRECTOR 2.00 0.00 X 0 0 0 MR MICHAEL RAIOLE DIRECTOR 2.00 0.00 X 0 0 0 MR JOHN REED DIRECTOR 2.00 2.00 X 0 0 0 COL ANDREW STARR USMC RET DIRECTOR 2.00 2.00 X 0 0 0 LTGEN RICHARD ZILMER USMC RET DIRECTOR 2.00 2.00 X 0 0 0 ANGELA HILLMAN DIRECTOR OF FINANCE 36.00 4.00 X 122637 12500 7650 COL CHRISTOPHER WOODBRIDGE USMC RET PUBLISHER & EDITOR OF THE MARINE CORPS GAZETTE 36.00 4.00 X 145356 14687 9680 LEEANN MITCHELL VP OF EVENTS OF ADVERTISIN 36.00 4.00 X 137605 13681 9167 COL TIM MUNDY USMC RET VP OF FOUNDATION OPERATIONS 4.00 36.00 X 17400 123823 8908 LTCOL MARTA SULLIVAN DIRECTOR OF ENGAGEMENT & OUTREACH 40.00 0.00 X 112110 0 5600 787400 189691 55214 5 0 1 0 0 150000 150000 PROFESSIONAL DEVELOPMENT 900099 2429652 2429652 MEMBERSHIP DUES 900099 978129 978129 LEATHERNECK MAGAZINE 541800 533409 247300 286109 MARINE CORPS GAZETTE 541800 319866 45018 274848 4261056 403874 403874 132140 132140 91520 0 91520 91520 91520 2547325 2406209 141116 141116 141116 5271978 2579018 2692960 2692960 OTHER REVENUE 900099 12379 12379 12379 7885045 6393059 560957 781029 396788 3573633 130981 243658 290697 180 61414 53111 244158 46930 359129 213820 1307 61447 48773 580871 1512 262853 69828 PUBLICATION EXPENSE 944055 BANK & CREDIT CARD FEES 169909 TAXES AND LICENSES 25646 REPLACEMENT/LOST/DAMAGE 14990 51933 7847623 837169 254968 1685767 218452 345913 399880 1966649 2227776 118362 150054 10122037 7935964 2389726 2186073 8680575 11169309 112407 53234 16136568 16659746 631194 758362 1799359 1400724 54556 32084 0 23902 2485109 2215072 X 13413719 14173745 237740 270929 13651459 14444674 16136568 16659746 37422 755793 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 55100 55100 55100 55100 55100 55100 55100 55100 55100 2770 2770 55100 1.00000 0 0 106000 106000 8861076 6862576 1998500 1116281 1048388 67893 38680 25000 13680 2186073 OTHER LIABILITIES 23902 23902 X 11166745 755793 755793 10410952 53111 -2579018 -2525907 7885045 10373530 2579018 2579018 7794512 53111 53111 7847623 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO GENERATE EARNINGS TO SUPPORT WRITING AND ACADEMIC AWARDS GIVEN TO MARINES. WRITING AWARDS ARE GIVEN TO MARINES FOR ESSAY CONTESTS IN THE FOLLOWING AREAS: LEADERSHIP, COMBAT INNOVATION, STATE OF THE CORPS AND BOLDNESS AND DARING. ACADEMIC AWARDS ARE GIVEN FROM THESE FUNDS TO THE GRADUATES OF OFFICER CANDIDATE SCHOOL AND THE BASIC SCHOOL WITH THE HIGHEST ACADEMIC AVERAGES. PART X, LINE 2: MARINE CORPS ASSOCIATION IS TAX-EXEMPT BUT IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS ACTIVITIES. MCA HAS ADOPTED THE GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ADOPTION OF THIS STANDARD HAD NO IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FILE AS A TAX-EXEMPT ORGANIZATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -2,579,018. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,579,018. X X 0 0 0 LTGEN CHARLES CHIAROTTI USMC RET PRESIDENT & CEO 225000 25000 26500 0 792 0 12500 0 1709 0 266501 25000 0 0 COL CHRISTOPHER WOODBRIDGE USMC RET PUBLISHER & EDITOR OF THE MARINE COR 132350 14687 12500 0 506 0 7977 0 1703 0 155036 14687 0 0 LEEANN MITCHELL VP OF EVENTS OF ADVERTISIN 126319 13681 11000 0 286 0 3208 0 5959 0 146772 13681 0 0 COL TIM MUNDY USMC RET VP OF FOUNDATION OPERATIONS 17400 114400 0 9000 0 423 0 7040 0 1868 17400 132731 0 0 PART I, LINE 3 CEO COMPENSATION IS DETERMINED BY THE BOARD AT THE TIME OF HIRE. ANY BONUS OR PAY INCREASE IS ALSO DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF GOVERNORS WILL ESTABLISH STANDING COMMITTEES DEEMED APPROPRIATE TO IMPROVE THE EFFECTIVENESS AND EFFICIENCY OF THE ASSOCIATION AND BY RESOLUTION ADOPTED BY A MAJORITY OF THE ENTIRE BOARD, SHALL APPOINT AS STANDING COMMITTEES FROM AMONG THE GOVERNORS AN EXECUTIVE COMMITTEE, A GOVERNANCE & NOMINATING COMMITTEE AND AN AUDIT & INVESTMENT COMMITTEE. IN ADDITION, IN ITS SOLE DISCRETION, THE BOARD MAY APPOINT FROM AMONG THE MEMBERS AND GOVERNORS ONE OR MORE OTHER COMMITTEES, EACH OF WHICH SHALL HAVE TWO (2) OR MORE COMMITTEE MEMBERS INCLUDING AT LEAST ONE GOVERNOR. THE NUMBER OF GOVERNORS TO BE APPOINTED TO THE EXECUTIVE COMMITTEE SHALL NOT EXCEED SEVEN AND SHALL INCLUDE THE CHAIRMAN, THE VICE CHAIRMAN, THE PRESIDENT, AND THE CHAIR OF EACH OF THE OTHER STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE FULL AUTHORITY OF THE BOARD OF GOVERNORS IN THE MANAGEMENT OF THE ASSOCIATION. ALL OTHER COMMITTEES, TO THE EXTENT PROVIDED IN THEIR RESPECTIVE ENABLING RESOLUTIONS AND NOT RESTRICTED BY LAW, SHALL HAVE AND EXERCISE SUCH AUTHORITY AS THE BOARD OF GOVERNORS SHALL PRESCRIBE IN THE MANAGEMENT OF THE ASSOCIATION. THE DESIGNATION OF ANY COMMITTEE, WHETHER UNDER THESE BYLAWS OR BY RESOLUTION ADOPTED BY THE BOARD, AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF GOVERNORS, OR ANY INDIVIDUAL GOVERNOR, OF ANY RESPONSIBILITY IMPOSED ON IT, HIM, OR HER BY LAW. FORM 990, PART VI, SECTION A, LINE 4 THE MARINE CORPS ASSOCIATION MADE CHANGES TO THE BYLAWS AS FOLLOWS: SECTION 2. CATEGORIES OF MEMBERSHIP. CONSISTENT WITH THE PROVISIONS OF SECTION 1 ABOVE, THE MCA SHALL OFFER TWO CATEGORIES OF MEMBERSHIP FOR ACQUISITION AND. RETENTION PURPOSES; (A) ASSOCIATE MEMBERS: INDIVIDUALS WHO MEET THE ESTABLISHED CRITERIA AND WHO HAVE PROVIDED THEIR CONTACT INFORMATION TO THE MCA. ASSOCIATE MEMBERS SHALL BE CONTACTED ROUTINELY BY THE MCA BUT ARE NOT ENTITLED TO CONTENT OR BENEFITS. (B) PREMIUM MEMBERS: INDIVIDUALS WHO MEET THE ESTABLISHED CRITERIA, WHO HAVE PROVIDED THEIR CONTACT INFORMATION TO THE MCA, CREATED A MEMBER PROFILE AND WHOSE DUES ARE PAID. PREMIUM MEMBERS SHALL BE CONTACTED ROUTINELY BY THE MCA AND ARE ENTITLED TO ALL MCA BENEFITS AND ACCESS TO ALL ON-LINE CONTENT TO INCLUDE THE DIGITAL EDITIONS OF THE MONTHLY MAGAZINES. SECTION 3. HONORARY MEMBERSHIP. WHEN APPROVED BY A MAJORITY VOTE OF THE BOARD OF GOVERNORS, HONORARY MEMBERSHIP MAY BE EXTENDED TO INDIVIDUALS WHO DO NOT OTHERWISE QUALIFY FOR MEMBERSHIP. SECTION 4. NO VOTING PRIVILEGES. ALL MEMBERSHIPS IN THE ASSOCIATION, EXCLUDING MEMBERS OF THE BOARD, ARE NON-VOTING MEMBERSHIPS. SECTION 5. MEMBERSHIP TERM. THE TERM OR DURATION OF MEMBERSHIP IN THE ASSOCIATION SHALL BE DETERMINED BY THE BOARD OF GOVERNORS. (A) THE TERM OF AN ASSOCIATE MEMBERSHIP IS THREE YEARS UNLESS CANCELLED EARLIER BY THE ASSOCIATE MEMBERS OR THE PRESIDENT / CEO OR UPGRADED TO A PREMIUM MEMBERSHIP. (B) THE TERM OF A PREMIUM MEMBERSHIP FOR MEMBERS OF THE TOTAL FORCE IS THE DURATION OF THEIR SERVICE PROVIDED CURRENT DUES ARE PAID. THE TERM OF PREMIUM MEMBERSHIP FOR ALL OTHERS SHALL BE BASED ON PAYMENT OF CURRENT DUES. FORM 990, PART VI, SECTION A, LINE 6 AS THE PROFESSIONAL ASSOCIATION OF MARINES, THE ORGANIZATION HAS A LARGE NUMBER OF MEMBERS WHO JOIN TO PROMOTE THE ASSOCIATION'S MISSION, RECEIVE THE MAGAZINES PUBLISHED BY THE ASSOCIATION, ATTEND EVENTS AND RECEIVE OTHER BENEFITS ASSOCIATED WITH BEING A MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S CHIEF EXECUTIVE OFFICER (CEO), CHIEF OPERATING OFFICER (COO), CHIEF FINANCIAL OFFICER (CFO) AND FINANCE COMMITTEE WILL REVIEW THE DRAFT FORM 990 BEFORE IT IS FILED. THEY WILL REVIEW THE 990 AND RETURN ANY COMMENTS TO THE CFO. AN ELECTRONIC COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. THE STATEMENT REQUIRES DISCLOSURE OF ALL PROFESSIONAL, BUSINESS AND/OR VOLUNTEER POSITIONS THAT MAY GIVE RISE TO CONFLICTS WITH THEIR POSITION ON THE BOARD. IT ALSO REQUIRES DISCLOSURE OF ALL INSTANCES IN WHICH A BOARD MEMBER MAY BE A VENDOR, EMPLOYED OR CONSULTING WITH A VENDOR TO THE ASSOCIATION. ANY POSSIBLE CONFLICTS THAT ARE DISCLOSED ARE REVIEWED BY COUNSEL. IN ADDITION, THE ASSOCIATION HAS A CONFLICT OF INTEREST POLICY IN ITS HANDBOOK WHICH IS DISTRIBUTED TO ALL EMPLOYEES. EMPLOYEES ACKNOWLEDGE THEY HAVE READ AND AGREE TO ADHERE TO THE POLICIES ON A FORM. THE CONFLICT OF INTEREST POLICY IS EXPLAINED IN THE HANDBOOK WITH SPECIFIC INSTRUCTIONS ON HOW TO REPORT AN ACTUAL OR POTENTIAL CONFLICT. SUPERVISORS ARE NOTIFIED AND THE CHIE OFFICER EVALUATES THESE REPORTS AND INSTRUCTS THE EMPLOYEE AS TO THE PROPER COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15A CEO COMPENSATION IS DETERMINED AND REVIEWED BY THE BOARD USING MARKET COMPARISONS AND INDIVIDUAL SKILLS SETS BROUGHT TO THE ORGANIZATION. THIS PROCESS WAS MOST RECENTLY FOLLOWED IN 2023. IN 2023, A COMPENSATION STUDY WAS PERFORMED USING DATA FROM WITHIN THIS LOCALITY ALIGNING TO SIMILAR FUNCTION AND RESPONSIBILITY WITHIN COMPARABLE ORGANIZATIONS. COMPENSATION OF VP'S WAS REVIEWED AND ADJUSTED, IF NECESSARY, BY CEO, WHILE OTHER POSITIONS WERE REVIEWED AND DECIDED BY CEO AND VP'S COLLECTIVELY TO STANDARDIZE RESPONSIBILITY AND PAY ACROSS THE ORGANIZATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MARINE CORPS ASSOCIATION FOUNDATION 715 BROADWAY STREET QUANTICO VA 22134 800340923 TO SUPPORT THE MARINE CORPS DC 501(C)(3) LINE 7 MARINE CORPS ASSOCIATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 MARINE CORPS ASSOCIATION FOUNDATION C 150000 FMV MARINE CORPS ASSOCIATION FOUNDATION O 402892 BOOK VALUE