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Source: IRS Form 990 via ProPublica Nonprofit Explorerⓘ Leadership data below reflects a more recent filing (Tax Year 2024) from the IRS e-file system.
Total Revenue
▼$9.1M
Total Contributions
$3.5M
Total Expenses
▼$10.6M
Total Assets
$7M
Total Liabilities
▼$3.8M
Net Assets
$3.2M
Officer Compensation
→$639.2K
Other Salaries
$4.5M
Investment Income
▼$81.1K
Fundraising
▼$0
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $9.1M | $3.5M | $10.6M | $7M | $3.2M |
| 2022 | $10.6M | $4.8M | $10.5M | $37.5M | $33.2M |
| 2021 | $21.8M | $15.9M | $8.9M | $39.8M | $32.9M |
| 2020 | $24.4M | $18.6M | $8.2M | $27.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Radm Raymond Spicer Usn | Ceo, Publisher, Dir | 30 | $362.2K | $0 | $25.4K | $387.6K |
| Douglas Wallen | Cfo, Treasurer | 32 | $213.6K | $0 | $35.2K | $248.9K |
| Ellen Lord | Vice Chair, Director | 2 | $0 | $0 | $0 | $0 |
| Jonathan W Greenert | Vice Chair, Dir (thru 5/24) | 2 | $0 | $0 | $0 | $0 |
| Harry Harris | Chair, Director | 2 | $0 | $0 | $0 | $0 |
| Robert O Work | Chair, Dir (thru 5/24) | 2 | $0 | $0 | $0 | $0 |
Radm Raymond Spicer Usn
Ceo, Publisher, Dir
$387.6K
Hrs/Wk
30
Compensation
$362.2K
Related Orgs
$0
Other
$25.4K
Douglas Wallen
Cfo, Treasurer
$248.9K
Hrs/Wk
32
Compensation
$213.6K
Related Orgs
$0
Other
$35.2K
Ellen Lord
Vice Chair, Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jonathan W Greenert
Vice Chair, Dir (thru 5/24)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Harry Harris
Chair, Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Robert O Work
Chair, Dir (thru 5/24)
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| William Hamblet | EVP Periodic, Members, Mar | 40 | $214.3K | $0 | $9,670 | $224K |
| Heather Lancaster | EVP Development | 5 | $211.3K | $0 | $10.4K | $221.7K |
| April Parreco | EVP Conferences & Events | 40 | $194.9K | $0 | $23.1K | $218K |
| Adam Kane | Director, Naval Institute | 40 | $171.4K | $0 | $22K | $193.4K |
| Vadm Peter H Daly Usn Ret | Former Ceo, Consultant | 6 | $165.2K | $0 | $94 | $165.3K |
William Hamblet
EVP Periodic, Members, Mar
$224K
Hrs/Wk
40
Compensation
$214.3K
Related Orgs
$0
Other
$9,670
Heather Lancaster
EVP Development
$221.7K
Hrs/Wk
5
Compensation
$211.3K
Related Orgs
$0
Other
$10.4K
April Parreco
EVP Conferences & Events
$218K
Hrs/Wk
40
Compensation
$194.9K
Related Orgs
$0
Other
$23.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| C Michael Petters | Director | 1 | $0 | $0 | $0 | $0 |
| Calvin Cass Jr | Director | 1 | $0 | $0 | $0 | $0 |
| Charles A Richard | Director | 1 | $0 | $0 | $0 | $0 |
| Charles Bolden | Director | 1 | $0 | $0 | $0 | $0 |
| Christine Fox | Director | 1 | $0 | $0 | $0 | $0 |
| Devere Crooks | Director |
C Michael Petters
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Calvin Cass Jr
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Charles A Richard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $19.9M |
| 2019 | $12.9M | $7M | $10.3M | $8.8M | $4M |
| 2018 | $12.4M | $5.5M | $10.7M | $6.5M | $879.3K |
| 2017 | $13M | $6.9M | $10M | $5.4M | -$697.7K |
| 2016 | $12.6M | $6.9M | $9.4M | $5.1M | -$3.3M |
| 2015 | $10.3M | $3.9M | $9.7M | $5M | -$5.7M |
| 2014 | $9.6M | $2.1M | $9M | $5.4M | -$6M |
| 2013 | $9.5M | $2.5M | $8.4M | $5.6M | -$5.2M |
| 2012 | $9.5M | $2.7M | $8.5M | $6M | -$7.8M |
| 2011 | $8.2M | $1.1M | $9.1M | $6.1M | -$7.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
Adam Kane
Director, Naval Institute
$193.4K
Hrs/Wk
40
Compensation
$171.4K
Related Orgs
$0
Other
$22K
Vadm Peter H Daly Usn Ret
Former Ceo, Consultant
$165.3K
Hrs/Wk
6
Compensation
$165.2K
Related Orgs
$0
Other
$94
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Fred M Midgette | Director | 1 | $0 | $0 | $0 | $0 |
| Lori E Reynolds | Director | 1 | $0 | $0 | $0 | $0 |
| Margaret D Klein | Director (thru 5/24) | 1 | $0 | $0 | $0 | $0 |
| Mel Immergut | Director | 1 | $0 | $0 | $0 | $0 |
| Michael S Rogers | Director | 1 | $0 | $0 | $0 | $0 |
| Robert S Walsh | Director | 1 | $0 | $0 | $0 | $0 |
| Russell L Smith | Director | 1 | $0 | $0 | $0 | $0 |
| Scott Swift | Director | 1 | $0 | $0 | $0 | $0 |
| Thad W Allen | Director (thru 5/24) | 1 | $0 | $0 | $0 | $0 |
| Thomas E Clarity | Director (thru 6/24) | 1 | $0 | $0 | $0 | $0 |
| Thomas Furlong | Director | 1 | $0 | $0 | $0 | $0 |
| William Hannigan | Director | 1 | $0 | $0 | $0 | $0 |
Charles Bolden
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Christine Fox
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Devere Crooks
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Fred M Midgette
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lori E Reynolds
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Margaret D Klein
Director (thru 5/24)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mel Immergut
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael S Rogers
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert S Walsh
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Russell L Smith
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Scott Swift
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thad W Allen
Director (thru 5/24)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas E Clarity
Director (thru 6/24)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Furlong
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Hannigan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0