PROPELLER CLUB OF THE UNITED STATES PORT OF NEWPORT NEWS VA

EIN: 546045242

NEWPORT NEWS, VA

Total Revenue
$54,360
Total Expenses
$40,501
Total Assets
$96,226
Net Assets
$96,226
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
VA
Principal Officer
KELLY BROWN
Phone
7576885041
Tax Period
2023-01-01 to 2023-12-31

PROPELLER CLUB OF THE UNITED STATES PORT OF NEWPORT NEWS VA, founded in 1989, is a micro nonprofit that reported $54K in total revenue in fiscal year 2023. The organization ran a surplus of $14K, a strong 25% operating margin.

Mission

TO PROMOTE, FURTHER AND SUPPORT AN AMERICAN MERCHANT MARINE ON THE OCEANS IN BOTH FOREIGN AND COASTWISE SERVICE, THE GREAT LAKES AND OUR INLAND WATERWAYS; TO PROMOTE SHIPYARDS AND OTHER ALLIED INDUSTRIES, ADEQUATE TO MEET THE REQUIREMENTS OF NATIONAL SECURITY AND ECONOMIC WELFARE OF THE UNITED STATES; TO PROMOTE WATERBORNE COMMERCE AND THE MARINE INDUSTRY GENERALLY IN ALL ITS SEGMENTS; TO AIDE WORTHY AND ECONOMICALLY JUSTIFIABLE RIVER, INLAND WATERWAYS AND HARBOR IMPROVEMENTS; TO CONDUCT ANNUALLY AN AMERICAN MERCHANT MARINE AND MARITIME INDUSTRY CONFERENCE; TO COLLABORATE WITH OTHER ORGANIZATIONS WHOSE MEMBERS ARE DEDICATED TO THE PROMOTION OF THE BEST INTERESTS OF AMERICAN MARITIME SHIPPING ANDALLIED INDUSTRIES; AND TO ENCOURAGE THE DEVELOPMENT OF TRADE WITH OTHERCOUNTRIES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,927
Program Service Revenue $13,249
Investment Income $38
Other Revenue $34,146
TOTAL REVENUE $54,360

Expense Breakdown

Grants Paid $19,050
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,027
Other Expenses $21,451
TOTAL EXPENSES $40,501

Year-over-Year Comparison

2023 2022 Change
Revenue $54,360 N/A N/A
Expenses $40,501 N/A N/A
Net Income $13,859 $0 N/A
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
15
Independent Members
15
Employees
N/A
Volunteers
25

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
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RHONDA KING CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAVE BATDORF PRESIDENT 1.00
Officer Director
$0 $0 $0
BOB CROFTON 1ST VP 1.00
Officer Director
$0 $0 $0
WILLIAM L ADAMS JR 2ND VP 1.00
Officer Director
$0 $0 $0
JOHN GIES SECRETARY 1.00
Officer Director
$0 $0 $0
KELLY BROWN TREASURER 1.00
Officer Director
$0 $0 $0
SAM VREELAND BD OF GOVERN 1.00
Director
$0 $0 $0
WAYNE DUNN BD OF GOVERN 1.00
Director
$0 $0 $0
FLOYD BYRD BD OF GOVERN 1.00
Director
$0 $0 $0
CHARLIE JACKSON BD OF GOVERN 1.00
Director
$0 $0 $0
CODY KING BD OF GOVERN 1.00
Director
$0 $0 $0
LEON HINES BD OF GOVERN 1.00
Director
$0 $0 $0
STEVE SPEIGHT BD OF GOVERN 1.00
Director
$0 $0 $0
DAVE WHITE BD OF GOVERN 1.00
Director
$0 $0 $0
COURTNEY CULPEPPER BD OF GOVERN 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $54,360 $40,501 $96,226 $13,859
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