USS ALBANY INC DBA USS Albany Association

Nonprofit profile at a glance

EIN
141836598
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024, Form 990-N 2012
Location
DeWitt, MI, USA
Phone
5172855406
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$46,031
Expenses
$37,568
Assets
$127,104
Liabilities
$0

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Robert M Barnes (President 1 and Immediate Past President 2)
  • Darl Anderson (President 2 and Vice President 1)
  • Frank DeTura (Immediate Past President 1)
  • Robert Rediske (Vice President 2)

People named in this filing

  • Robert M Barnes (President 1 and Immediate Past President 2)
  • Darl Anderson (President 2 and Vice President 1)
  • James Horsch (Treasurer)

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

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

Overview

Mission

The purpose of this corporation shall be to honor and preserve the history and memory of all the USS Albany's, past, present and future and their crews. To foster and strengthen the fraternal, civic and patriotic ties among surviving shipmates as well as to memorialize departed shipmates who served on the USS Albany's. To render financial aid or other support to appropriate qualified historical, educational, patriotic, or charitable organizations, as approved by the board of directors. To operate a USS Albany Heritage Exhibit. To provide assistance when needed to U. S. Navy and U. S. Marine Corp personnel, and to veterans of those military services. To aid the families of active duty and veterans of the Navy and Marine Corps.

What it reported doing in 2024

1.The 34th annual reunion of members was held in Canton, Ohio from September 29, 2024 to October 4, 2024 during the 2024-25 year. The reunion had 64 attendees. Most reunion expenses and some revenues were recorded in the 2024-25 year, and most revenue was recorded in the previous year. The 35th annual reunion of members was planned for Annapolis, Maryland from September 7, 2025 to September 12, 2025 in the 2025-26 year. Most reunion revenues and a small portion of the planned expenses were recorded in the 2024-25 year. The annual reunion provides member veterans with an opportunity to discuss and reminisce on military service together, share programming and social time, recognize association achievements and leaders, and attend the annual business meeting of members of the association.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 82
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 18.4%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 3.38; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -35.5% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2009 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.