THE PROPELLER CLUB OF THE US

EIN: 135328000

FAIRFAX, VA

Total Revenue
$298,617
Total Expenses
$267,252
Total Assets
$176,807
Net Assets
$90,055
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
VA
Principal Officer
RADM JOEL WHITEHEAD USCG-
Phone
7036912777
Tax Period
2023-01-01 to 2023-12-31

THE PROPELLER CLUB OF THE US, founded in 1927, is a small nonprofit that reported $289K in total revenue in fiscal year 2018.

Mission

TO PROMOTE A STRONG AMERICAN MERCHANT MARINE ON THE OCEANS, THE GREAT LAKES AND THE INLAND WATERWAYS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $212,138
Program Service Revenue $86,062
Investment Income $417
Other Revenue $0
TOTAL REVENUE $298,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $175,404
Fundraising Expenses $0
Program Expenses $88,317
Other Expenses $91,848
TOTAL EXPENSES $267,252

Year-over-Year Comparison

2023 2022 Change
Revenue $298,617 $297,625 +0.0%
Expenses $267,252 $285,452 -0.1%
Net Income $31,365 $12,173 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
36
Independent Members
34
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
20
$103,332
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIELS AALUND DIRECTOR 1.00
Director
$0 $0 $0
GEORGE XIRADAKIS DIRECTOR 1.00
Director
$0 $0 $0
PAT PATRICK SECRETARY 1.00
Officer Director
$0 $0 $0
MARYANNE RICHARDS VP STUDENT PORTS 1.00
Officer Director
$0 $0 $0
CANDY NIGRETTO VP WOMEN'S CLUB 1.00
Officer Director
$0 $0 $0
ANDREW LUTTRELL REGIONAL VP 1.00
Officer Director
$0 $0 $0
KORAY ARIKAN REGIONAL VP 1.00
Officer Director
$0 $0 $0
LIZ MILLER REGIONAL VP 1.00
Officer Director
$0 $0 $0
GERHARD TIEDEMANN REGIONAL VP 1.00
Officer Director
$0 $0 $0
JANET WISNER REGIONAL VP 1.00
Officer Director
$0 $0 $0
MICHALIS DALACOURAS REGIONAL VP 1.00
Officer Director
$0 $0 $0
ROBERT HAWN REGIONAL VP 1.00
Officer Director
$0 $0 $0
LYNN VADELUND DIRECTOR 1.00
Director
$0 $0 $0
RICHARD TREMAYNE DIRECTOR 1.00
Director
$0 $0 $0
ANDREA HOUGH DIRECTOR 1.00
Director
$0 $0 $0
CONNOR HELM DIRECTOR 1.00
Director
$0 $0 $0
BILL KUZMICK DIRECTOR 1.00
Director
$0 $0 $0
PETER LEHMAN DIRECTOR 1.00
Director
$0 $0 $0
C JAMES PATTI INTL PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK VALENTI DIRECTOR 1.00
Director
$0 $0 $0
R CHRISTIAN JOHNSEN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT A FRY JR DIRECTOR 1.00
Director
$0 $0 $0
THOMPSON LYKES DIRECTOR 1.00
Director
$0 $0 $0
SONNY SMITH DIRECTOR 1.00
Director
$0 $0 $0
MARIA CONATSER FIRST VP, TREASURER 1.00
Officer Director
$0 $0 $0
COSTIS J FRANGOULIS 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SEAN O'TOOLE 3RD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL VAN VOORHISS REGIONAL VP 1.00
Officer Director
$0 $0 $0
MARK MARLING REGIONAL VP 1.00
Officer Director
$0 $0 $0
STEVE LABEYLIE REGIONAL VP 1.00
Officer Director
$0 $0 $0
ARISTOTE WACK REGIONAL VP 1.00
Officer Director
$0 $0 $0
STAS MARGARONIS DIRECTOR 1.00
Director
$0 $0 $0
JIM HENRY DIRECTOR 1.00
Director
$0 $0 $0
TIM SHUSTA DIRECTOR 1.00
Director
$0 $0 $0
RADM JOEL WHITEHEAD EXECUTIVE VP 40.00
Officer
$103,332 $0 $103,332
CHERYL ROTHBART ASSOC EXEC DIRECTOR 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $298,617 $267,252 $176,807 $31,365
2022 $297,625 $285,452 $154,553 $12,173
2021 $284,721 $239,776 $142,375 $44,945
2020 $262,899 $269,288 $120,206 $-6,389
2019 $337,289 $283,183 $116,181 $54,106
2018 $288,979 $293,152 $97,934 $-4,173
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