Retired Enlisted Association 3

Nonprofit profile at a glance

EIN
846046594
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Aurora, CO, USA
Phone
3033431921
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$233,703
Expenses
$227,995
Assets
$80,140
Liabilities
$114,518

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • SHERMIN GILLIAM (PRESIDENT)

People named in this filing

  • LEROY ADAMS (2ND VICE PRE)
  • GLENN BLASSINGAME (PARLIAMENTAR)
  • GERALD BROUSSARD (SGT-AT-ARMS)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The retired enlisted association's mission is to enhance the quality of life for uniformed services, enlisted personnel, their families, and survivors - including honorably discharged veterans and all retirees; to stop the erosion of earned benefits through our legislative efforts; to maintain our espirit de corps, dedication and patriotism; and to continue our devotion and allegiance to god and country.

What it reported doing in 2024

This organization serves as a pillar in the community and we have been a mainstay for over fifty years. This organization strives to always be an asset to the community by continuing to feed the hungry and donating to other noteworthy community programs. The organization provided free dinners to senior citizens and the homeless community. Sponsors an annual community holiday gift drive and party for 100 low income children in the community. Scholarship donations are awarded to qualified military dependents each year in the sum of 1,000 each (covid 19 suspended current fiscal year scholarship donation). Attended various parades in the community to enhance the image of the retirees and the patriotic feeling with the general public. Served thanksgiving dinner to an estimated 250 senior citizens. Provided meeting room halls and meals for members families when a member of the chapter passed away. Also provided the hall during the year to various other not-for-profit organizations so they could hold meetings and events for their membership; made a donation to the local cancer awareness society.

Operating model

Revenue model
Other-operating. 63% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.4%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 1.43; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 30.5% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -8.8% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 349 of 349 board members independent · 4 of 7 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.