Overview
What is Coast Guard Mutual Assistance?
Coast Guard Mutual Assistance (CGMA) is a nonprofit organization situated in Arlington, Virginia, dedicated to supporting the financial resilience of the Coast Guard community. In times of disaster, emergencies, or unforeseen circumstances, CGMA steps in to provide aid where insurance fails to cover, offering assistance with travel, home repairs, property losses, financial or identity issues, pay complications, bills, and other urgent needs. The organization also extends help to survivors of domestic violence and individuals facing dire circumstances. CGMA empowers its members by offering interest-free loans and grants, preventing temporary financial difficulties from escalating into long-term problems. With a team of 12 individuals, CGMA serves as the official aid society for the United States Coast Guard, ensuring the well-being of its community during challenging times.
Official website here: www.cgmahq.org
Is Coast Guard Mutual Assistance legitimate?
Coast Guard Mutual Assistance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coast Guard Mutual Assistance submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $581,336
Professional Fundraising Fees: $5,142
Other Salaries and Wages: $581,852
For more financial information, click here
Official website here: www.cgmahq.org
What is the mission statement of Coast Guard Mutual Assistance?
Coast Guard Mutual Assistance, serving as the official aid society for the United States Coast Guard, aims to promote financial resilience within the Coast Guard community. Their mission is to alleviate short-term financial challenges faced by "See Schedule O" members, preventing these issues from escalating into long-term problems. They accomplish this through grant and interest-free loan programs. In times of disaster or emergencies, CGMA provides aid for expenses not covered by insurance, unexpected repairs, losses, and other unforeseen circumstances that pose a significant financial or personal hardship, requiring immediate assistance. Their efforts are crucial in helping Coast Guard members navigate through these challenging situations.
Official website here: www.cgmahq.org
Who is the CEO of Coast Guard Mutual Assistance?
Cari Thomas is the Chairman of Coast Guard Mutual Assistance. The CEO's salary of Coast Guard Mutual Assistance is $175,016 and their total compensation is $188,268.
Official website here: www.cgmahq.org
What is the revenue of Coast Guard Mutual Assistance?
Coast Guard Mutual Assistance's revenue in 2022 was $8,002,714.
Official website here: www.cgmahq.org
Who are the executives of Coast Guard Mutual Assistance and what are their salaries?
The average compensation at Coast Guard Mutual Assistance during 2022 was $96,932. There are 12 employees and 595 volunteers at Coast Guard Mutual Assistance.
Here are 38 key members and their salaries (Coast Guard Mutual Assistance's CEO's salary is $175,016 and their total compensation is $188,268):
- Cari Thomas (Chief Executive Officer)
- Sara Martin (Chief Financial Officer)
- Sean Fennell (Chief Operations Officer)
- Alena Howard (Chief Development Officer)
- Linda L Fagan (Chairman) [Trustee/Director]
- Brian K Penoyer (President) [Trustee/Director]
- John C Baker (Vice President) [Trustee/Director]
- Mike Philipps (Treasurer) [Trustee/Director]
- Heath B Jones (Board Member) [Trustee/Director]
- Charlie F Salls (Board Member) [Trustee/Director]
- Eva Van Camp (Board Member) [Trustee/Director]
- John-Andrew Minniti (Board Member) [Trustee/Director]
- Emily Trudeau (Board Member) [Trustee/Director]
- Darien Moya (Board Member) [Trustee/Director]
- Eric S Silvoy (Board Member) [Trustee/Director]
- Benjamin N Lind (Board Member) [Trustee/Director]
- Pedro Gonzalez Soto (Board Member) [Trustee/Director]
- Patrick Pennella (Board Member) [Trustee/Director]
- Shannon Reck (Board Member) [Trustee/Director]
- Daniel Trimble (Board Member) [Trustee/Director]
- Kenneth Weber (Board Member) [Trustee/Director]
- Christopher Mack (Board Member) [Trustee/Director]
- Amanda Morales (Board Member) [Trustee/Director]
- Margaret Parker (Board Member) [Trustee/Director]
- Lazaro Lopez (Board Member) [Trustee/Director]
- Andrew Stoddard (Board Member) [Trustee/Director]
- Karl L Schultz (Chairman (Term Ended)) [Trustee/Director]
- Joanna M Nunan (President (Term Ended)) [Trustee/Director]
- Charles R Bushey (Board Member (Term Ended)) [Trustee/Director]
- Anthony F Giaccone (Board Member (Term Ended)) [Trustee/Director]
- Morgan T Holden (Board Member (Term Ended)) [Trustee/Director]
- Megan K Long (Board Member (Term Ended)) [Trustee/Director]
- Daniel J Mcquate (Board Member (Term Ended)) [Trustee/Director]
- Jason M Vanderhaden (Board Member (Term Ended)) [Trustee/Director]
- Lindsey A Cole (Board Member (Term Ended)) [Trustee/Director]
- Patrick R Pannella (Board Member (Term Ended)) [Trustee/Director]
- Kristen K Vlaun (Board Member (Term Ended)) [Trustee/Director]
- Jerry Engelman (Board Member (Term Ended)) [Trustee/Director]
Official website here: www.cgmahq.org
Where can I find the form 990 for Coast Guard Mutual Assistance?
The Coast Guard Mutual Assistance’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cgmahq.org
Learn more at the official website: www.cgmahq.org
Mission Statement of Coast Guard Mutual Assistance
Coast Guard Mutual Assistance, serving as the official aid society for the United States Coast Guard, is committed to fostering financial resilience within the Coast Guard community. Their mission is to alleviate short-term financial challenges that Coast Guard members may encounter due to unforeseen circumstances, ensuring these difficulties do not escalate into long-term problems. The organization accomplishes this through grant and interest-free loan programs, which are meticulously designed to cater to the specific needs of Coast Guard members under "See Schedule O."
In the event of disasters or emergencies, Coast Guard Mutual Assistance provides aid where insurance fails to cover the losses. This may include unexpected repairs to homes or vehicles, travel expenses during emergencies, or assistance with bills and expenses following a disaster. The organization also extends a helping hand in situations such as privation, loss of funds, property, or identity, and even supports domestic violence survivors in dire circumstances. These short-term situations, often beyond the control of the individuals affected, can pose significant financial or personal hardships, necessitating urgent assistance. Coast Guard Mutual Assistance steps in to offer the necessary aid, ensuring the Coast Guard community remains financially resilient and supported in times of need.
Impact
This information is meant to be a general summary of Coast Guard Mutual Assistance. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Coast Guard Mutual Assistance's impact is significant in promoting financial resilience within the Coast Guard community. By providing grants and interest-free loans to members in need, CGMA assists individuals facing various short-term financial challenges such as disaster recovery, emergency travel, unexpected home or vehicle repairs, losses, pay issues, bills, and personal hardships. CGMA's support extends to domestic violence survivors and others facing dire circumstances. Through their programs, CGMA ensures that these short-term financial difficulties do not escalate into chronic financial problems for Coast Guard members.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1924
Phone
(703) 576-7529
Principal Officer
Cari Thomas
Main Address
1005 N GLEBE ROAD 220, ARLINGTON, VA, 222015792
Website
www.cgmahq.org
NTEE Category
Code: W30 - Public benefit
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