Civic Intelligence

Saginaw Valley Naval Ship Museum Committee

EIN 38-3337711 • 501(c)3 • Bay City, MI

Profile

To operate the retired uss edson dd946 as a floating museum, educational site, and historical exhibit

1680 Martin StBay City, MI 48706

www:ussedson.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.14x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.05x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

35th percentile

-1.6%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

31st percentile

-2.1%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

13%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,141,975

Down $45,471 (-2.1%) from 2023

Liabilities

Down

$295,721

Down $40,902 (-12%) from 2023

Net Assets

Down

$1,846,254

Down $4,569 (-0.2%) from 2023

Revenue

Up

$282,281

Up $31,448 (+13%) from 2023

Expenses

Down

$286,850

Down $49,606 (-15%) from 2023

Net Income

Up

-$4,569

Up $81,054 (+95%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,289,205Liabilities 2011: $340,368Net Assets 2011: $948,8372011Assets 2012: $1,314,852Liabilities 2012: $314,618Net Assets 2012: $1,000,2342012Assets 2013: $2,019,815Liabilities 2013: $858,372Net Assets 2013: $1,161,4432013Assets 2014: $2,211,875Liabilities 2014: $661,192Net Assets 2014: $1,550,6832014Assets 2015: $2,219,176Liabilities 2015: $560,856Net Assets 2015: $1,658,3202015Assets 2016: $2,194,413Liabilities 2016: $477,446Net Assets 2016: $1,716,9672016Assets 2017: $2,174,240Liabilities 2017: $449,524Net Assets 2017: $1,724,7162017Assets 2018: $2,120,632Liabilities 2018: $397,700Net Assets 2018: $1,722,9322018Assets 2019: $1,986,511Liabilities 2019: $354,372Net Assets 2019: $1,632,1392019Assets 2020: $2,113,405Liabilities 2020: $467,173Net Assets 2020: $1,646,2322020Assets 2021: $2,330,812Liabilities 2021: $415,319Net Assets 2021: $1,915,4932021Assets 2022: $2,193,348Liabilities 2022: $370,487Net Assets 2022: $1,822,8612022Assets 2023: $2,187,446Liabilities 2023: $336,623Net Assets 2023: $1,850,8232023Assets 2024: $2,141,975Liabilities 2024: $295,721Net Assets 2024: $1,846,2542024

Highlighted filing

2024

Assets$2,141,975
Liabilities$295,721
Net Assets$1,846,254

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $33,7592011Expenses 2012: $33,9482012Revenue 2013: $304,397Expenses 2013: $140,688Net Income 2013: $163,7092013Revenue 2014: $508,151Expenses 2014: $118,913Net Income 2014: $389,2382014Revenue 2015: $249,937Expenses 2015: $213,071Net Income 2015: $36,8662015Revenue 2016: $238,299Expenses 2016: $179,652Net Income 2016: $58,6472016Revenue 2017: $200,466Expenses 2017: $192,717Net Income 2017: $7,7492017Revenue 2018: $189,096Expenses 2018: $123,617Net Income 2018: $65,4792018Revenue 2019: $89,378Expenses 2019: $180,171Net Income 2019: -$90,7932019Revenue 2020: $197,894Expenses 2020: $183,801Net Income 2020: $14,0932020Revenue 2021: $481,773Expenses 2021: $212,512Net Income 2021: $269,2612021Revenue 2022: $179,656Expenses 2022: $272,288Net Income 2022: -$92,6322022Revenue 2023: $250,833Expenses 2023: $336,456Net Income 2023: -$85,6232023Revenue 2024: $282,281Expenses 2024: $286,850Net Income 2024: -$4,5692024

Highlighted filing

2024

Revenue$282,281
Expenses$286,850
Net Income-$4,569

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.30$1.85$0.28$0.29$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.34$1.85$0.25$0.34$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.37$1.82$0.18$0.27$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.42$1.92$0.48$0.21$0.27
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.11$0.47$1.65$0.20$0.18$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.35$1.63$0.09$0.18$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.40$1.72$0.19$0.12$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.45$1.72$0.20$0.19$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.48$1.72$0.24$0.18$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.56$1.66$0.25$0.21$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.66$1.55$0.51$0.12$0.39
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.02$0.86$1.16$0.30$0.14$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.31$1.00$0.03
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.34$0.95$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.1
Gross Receipts
$301,094
Mission and Program Overview

Mission

To operate the retired uss edson dd946 as a floating museum, educational site, and historical exhibit.

To operate the retired uss edson dd946 as a floating museum, educational site, and historical exhibit

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,850,823$1,846,254▼ $4,569
Land, Buildings, and Equipment, Net$1,834,201$1,822,047▼ $12,154
Cash and Non-Interest-Bearing Accounts$349,245$315,928▼ $33,317
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,187,446$2,141,975▼ $45,471
Other Assets Total$4,000$4,000→ $0
Liabilities
Unsecured Notes Loans Payable$329,152$292,035▼ $37,117
Accounts Payable and Accrued Expenses$7,471$3,686▼ $3,785
Total Liabilities$336,623$295,721▼ $40,902
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,850,823$1,846,254▼ $4,569
Total Liabilities and Net Assets / Fund Balance$2,187,446$2,141,975▼ $45,471

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,149,941$602,090$1,752,031
Equipment$657,810$269,565$927,375
Buildings$14,296$36,173$50,469
Compensation and Service Providers

Employees

NameTitleBaseTotal
Shantel CorneSecretary$26,180$26,180

Board Members and Trustees

NameTitle
Jason StewartPresident
Gary PozenelDirector
John DewyseDirector
Michael BudaDirector
Jeff HuntTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,788
Program Service Revenue
$212,808
Investment Income
$5,955
Other Revenue
$25,730
All Other Contributions
$20,488
Change in Net Assets
$-4,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,591
Salaries, Compensation, and Employee Benefits$44,259
Total Fundraising Expense$1,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$95,988$987-$96,975
Depreciation Depletion$76,499--$76,499
Current Officers, Directors, Trustees, and Key Employees$19,635$6,545-$26,180
Occupancy$13,139$5,631-$18,770
Other Salaries and Wages$14,250--$14,250
Advertising$6,789-$1,198$7,987
Fees for Services Accounting-$6,157-$6,157
Office Expenses$3,122$1,790-$4,912
All Other Expenses$1,493$3,361-$4,854
Travel$4,318--$4,318
Payroll Taxes$1,826$2,003-$3,829
Other Expenses$2,591--$2,591
Total Functional Expenses$259,178$26,474$1,198$286,850
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,655
Fundraising Gross Income$2,344
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is made available to the board of directors prior to filing.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation upon request at committee's office

Filing and Contact Details

Filer

Filer Name
Saginaw Valley Naval Ship Museum
EIN
38-3337711
Phone
9896843946
Address
1680 MARTIN ST, BAY CITY, MI 48706

Signing Officer

Name
Jason Stewart
Title
President
Phone
9896843946
Signed
2025-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Stewart
Formed
1997
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
5
Employees
4
Volunteers
20

Preparer

Firm
Weinlander Fitzhugh Pc
Address
1600 CENTER AVE, BAY CITY, MI 48708-0775
Preparer
Corinna Scharf CPA
Phone
9898935577
Raw XML Appendix399 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt037788
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013476
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0275339
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt093104
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0423037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05955
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0257351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0247503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0166180
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0158917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt067783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0897734
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05955
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05955
IRS990ScheduleA/InvestmentIncomeCYPct00.00450
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99550
IRS990ScheduleA/PublicSupportPY509Pct00.99530
IRS990ScheduleA/PublicSupportTotal509Amt01320771
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0295139
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0250833
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0179656
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0434256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0160887
IRS990ScheduleA/Total509Grp/TotalAmt01320771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0301094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0250833
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0179656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0434256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0160887
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01326726
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt014296
IRS990ScheduleD/BuildingsGrp/DepreciationAmt036173
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt050469
IRS990ScheduleD/EquipmentGrp/BookValueAmt0657810
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0269565
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0927375
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01149941
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0602090
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01752031
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01822047
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST AT COMMITTEE'S OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02187446
IRS990/TotalAssetsEOYAmt02141975
IRS990/TotalAssetsGrp/BOYAmt02187446
IRS990/TotalAssetsGrp/EOYAmt02141975
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt037788
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01198
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026474
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0259178
IRS990/TotalFunctionalExpensesGrp/TotalAmt0286850
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0336623
IRS990/TotalLiabilitiesEOYAmt0295721
IRS990/TotalLiabilitiesGrp/BOYAmt0336623
IRS990/TotalLiabilitiesGrp/EOYAmt0295721
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01850823
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01846254
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0259178
IRS990/TotalProgramServiceRevenueAmt0212808
IRS990/TotalReportableCompFromOrgAmt026180
IRS990/TotalRevenueGrp/ExclusionAmt05644
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0238849
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0282281
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02187446
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02141975
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04318
IRS990/TravelGrp/TotalAmt04318
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0329152
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0292035
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01680 MARTIN ST
IRS990/USAddress/CityNm0BAY CITY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048706
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW:USSEDSON.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON STEWART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09896843946
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAGINAW VALLEY NAVAL SHIP MUSEUM
ReturnHeader/Filer/BusinessNameControlTxt0SAGI
ReturnHeader/Filer/EIN0383337711
ReturnHeader/Filer/PhoneNum09896843946
ReturnHeader/Filer/USAddress/AddressLine1Txt01680 MARTIN ST
ReturnHeader/Filer/USAddress/CityNm0BAY CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048706
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382272300
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEINLANDER FITZHUGH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01600 CENTER AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAY CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0487080775
ReturnHeader/PreparerPersonGrp/PhoneNum09898935577
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CORINNA SCHARF CPA
ReturnHeader/ReturnTs02025-05-29T07:34:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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