Marine Corps Aviation Association

EIN: 237230621

Quantico, VA

Total Revenue
$1,139,855
Total Expenses
$1,452,767
Total Assets
$3,623,309
Net Assets
$3,574,590
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VA
Principal Officer
Thomas Conant
Phone
7036301903
Tax Period
2023-01-01 to 2023-12-31

Marine Corps Aviation Association, founded in 1972, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.5M exceeded revenue, resulting in a 27% operating deficit.

Mission

To foster and encourage interest in Marine Corps Aviation, perpetuate the spirit of comradeship traditional in Marine Corps aviation, provide appropriate recognition for superior performance and achievement in Marine Corps aviation, and assimilate and perpetuate the historical traditions of the First Marine Aviation Force Veterans Association.

Program Service Accomplishments

Program 1

Annual Convention: Each May, MCAA hosts an annual symposium and Awards ceremony for our members and members of the United States Marine Corps, both active and reserve duty. The objective of the event...

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Annual Convention: Each May, MCAA hosts an annual symposium and Awards ceremony for our members and members of the United States Marine Corps, both active and reserve duty. The objective of the event is many-fold: To provide a means of reunion for members who have not seen each other in some time, a venue for current service personnel to discuss their upcoming priorities, the equipment and process needed for future operations, and to recognize those in service for exemplary performance in their execution of duties. The convention is 4 days long, is attended by some 900 people, and includes a variety of events, which draw a diverse set of attendees and members. Almost all of those that attend are currently serving in the Marine Corps, have served in the Marine Corps, or are closely affiliated with the Marine Corps through their employment or relationship to those that do serve. The week-long Symposium includes social events, both on site at the resident hotel, or in the local area. Some events relate directly to current events, to include the status of Marine Corps units, to longer term plans at the Air Wing or enterprise level. The Convention concludes with an awards banquet where 28 individual and military units are recognized for excellence in their performance of duties in the last Calendar Year.

Program 2

Scholarships & Donations: Every year, the Association gives a significant amount of revenue gained to active charities that are approved under IRS paragraph 501c3. To qualify for our philanthropy...

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Scholarships & Donations: Every year, the Association gives a significant amount of revenue gained to active charities that are approved under IRS paragraph 501c3. To qualify for our philanthropy, charities must serve in one of a few areas: Academic scholarships for Marines or their families, financial assistance to Marine families in need, and support for wounded or disabled Marines, preferably in the aviation disciplines. In 2023, MCAA gave $413,735 in cash grants and $2,678 in non-cash support to charitable organizations, and $1,000 to scholarships.

Program 3

Squadron Support: The Association is organized under a National Office and also has 24 regional squadrons located throughout the 50 United States. Each squadron is comprised of Association members...

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Squadron Support: The Association is organized under a National Office and also has 24 regional squadrons located throughout the 50 United States. Each squadron is comprised of Association members that live in the vicinity of the squadron and will hold authorized, independent events as part of the incentive to have the organized squadron. Squadrons vary in size from a dozen members to a few hundred. Each squadron operates within the governance, policies, and procedures of the National office, but is required their own set of governance documents to ensure compliance with National office policies and procedures.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $226,549
Program Service Revenue $721,004
Investment Income $197,868
Other Revenue $-5,566
TOTAL REVENUE $1,139,855

Expense Breakdown

Grants Paid $416,413
Salaries & Benefits $349,038
Fundraising Expenses $71,259
Other Expenses $687,316
TOTAL EXPENSES $1,452,767

Year-over-Year Comparison

2023 2022 Change
Revenue $1,139,855 $1,078,858 +0.1%
Expenses $1,452,767 $1,286,863 +0.1%
Net Income $-312,912 $-208,005 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
40

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
6
$125,000
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Rader Executive Dir. 40.00
Officer
$125,000 $0 $125,000
Robert Walsh Commander Director 3.00
Officer Director
$0 $0 $0
Terry Robling Vice Commander Director 2.00
Officer Director
$0 $0 $0
William David Beydler Director 0.50
Director
$0 $0 $0
Chris Boniface Treasurer Director 2.00
Officer Director
$0 $0 $0
Paul Fortunato AdjutantSecretary Director 2.00
Officer Director
$0 $0 $0
Thomas Conant Director 0.50
Director
$0 $0 $0
Jon Davis Director 0.50
Director
$0 $0 $0
Keith Stalder Director 0.50
Director
$0 $0 $0
William Nyland Director 0.50
Director
$0 $0 $0
Earl Wederbrook Director 0.50
Director
$0 $0 $0
Chris Seymour Director 0.50
Director
$0 $0 $0
Laura Sampsel Director 0.50
Director
$0 $0 $0
James Quinn Director 0.50
Director
$0 $0 $0
John Gumbel Director 0.50
Director
$0 $0 $0
John Rupp Director 0.50
Director
$0 $0 $0
Glenn Klassa Director 0.50
Director
$0 $0 $0
John Ostrowski Director 0.50
Director
$0 $0 $0
Patrick Gough Director 0.50
Director
$0 $0 $0
Michael Orr Director 0.50
Director
$0 $0 $0
Kevin Killea Director 0.50
Director
$0 $0 $0
John Newport MSgt Director 2.00
Officer Director
$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 $1,139,855 $1,452,767 $3,623,309 $-312,912
2022 $1,078,858 $1,286,863 $3,328,785 $-208,005
2021 $1,413,436 $1,206,118 $4,679,297 $207,318
2020 $696,436 $622,133 $4,250,398 $74,303
2019 $1,145,007 $984,896 $3,615,258 $160,111
2018 $1,169,546 $1,272,077 $2,926,392 $-102,531
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