Civic Intelligence

Naval Academy Athletic Association Veba Benefit Trust

EIN 81-6529931 • 501(c)9 • Annapolis, MD

Profile

Naaa veba benefit trust (the trust) is a voluntary employees' beneficiary association whose primary exempt purpose is to provide group health benefits and medicare part-d coverage for eligible retirees of the naval academy athletic association.

566 Brownson RoadAnnapolis, MD 21402

n/A

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

64%

Higher net margin than 88% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$1,027,644

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 266.4% of source-year revenue.

501(c)9 • $1M-$5M nonprofits • Source year 2024

Asset Growth

67th percentile

8.9%

Faster asset growth than 67% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

48%

Faster revenue growth than 86% of similar nonprofits.

501(c)9 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,818,633

Up $311,549 (+8.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,818,633

Up $311,549 (+8.9%) from 2023

Revenue

Up

$385,774

Up $125,566 (+48%) from 2023

Expenses

Up

$137,559

Up $5,444 (+4.1%) from 2023

Net Income

Up

$248,215

Up $120,122 (+94%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $2,640,914Liabilities 2016: $3,088Net Assets 2016: $2,637,8262016Assets 2017: $3,035,770Liabilities 2017: $2,640Net Assets 2017: $3,033,1302017Assets 2018: $2,821,165Liabilities 2018: $0Net Assets 2018: $2,821,1652018Assets 2019: $3,266,959Liabilities 2019: $0Net Assets 2019: $3,266,9592019Assets 2020: $3,581,773Liabilities 2020: $0Net Assets 2020: $3,581,7732020Assets 2021: $3,880,303Liabilities 2021: $0Net Assets 2021: $3,880,3032021Assets 2022: $3,208,959Liabilities 2022: $0Net Assets 2022: $3,208,9592022Assets 2023: $3,507,084Liabilities 2023: $0Net Assets 2023: $3,507,0842023Assets 2024: $3,818,633Liabilities 2024: $0Net Assets 2024: $3,818,6332024

Highlighted filing

2024

Assets$3,818,633
Liabilities$0
Net Assets$3,818,633

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2016: $2,007,614Expenses 2016: $44,057Net Income 2016: $1,963,5572016Revenue 2017: $129,953Expenses 2017: $68,264Net Income 2017: $61,6892017Revenue 2018: $178,816Expenses 2018: $87,968Net Income 2018: $90,8482018Revenue 2019: $138,014Expenses 2019: $107,813Net Income 2019: $30,2012019Revenue 2020: $217,947Expenses 2020: $124,993Net Income 2020: $92,9542020Revenue 2021: $228,154Expenses 2021: $130,611Net Income 2021: $97,5432021Revenue 2022: $257,272Expenses 2022: $126,156Net Income 2022: $131,1162022Revenue 2023: $260,208Expenses 2023: $132,115Net Income 2023: $128,0932023Revenue 2024: $385,774Expenses 2024: $137,559Net Income 2024: $248,2152024

Highlighted filing

2024

Revenue$385,774
Expenses$137,559
Net Income$248,215

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$938,163
Mission and Program Overview

Mission

Naaa veba benefit trust (the trust) is a voluntary employees' beneficiary association whose primary exempt purpose is to provide group health benefits and medicare part-d coverage for eligible retirees of the naval academy athletic association.

To provide group health benefits for eligible retirees of the naval academy athletic association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,507,084$3,818,633▲ $311,549
Investments in Publicly Traded Securities$3,499,494$3,731,452▲ $231,958
Savings and Temporary Cash Investments$4,248$83,674▲ $79,426
Accounts Receivable$3,342$3,507▲ $165
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,507,084$3,818,633▲ $311,549
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,507,084$3,818,633▲ $311,549
Total Liabilities and Net Assets / Fund Balance$3,507,084$3,818,633▲ $311,549
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$8,250$8,250

Board Members and Trustees

NameTitle
Chet GladchukNaaa President
M Colleen JordanNaaa CFO/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$69
Investment Income
$385,705
Other Revenue
$0
Change in Net Assets
$248,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,432
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$105,127
Fees for Service Investment Mgmnt Fees---$24,182
Fees for Services Management---$8,250
Total Functional Expenses$0$0$0$137,559
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign 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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The trust agreement, dated september 11, 2015, was signed by and between the naval academy athletic association, a maryland 501(c)(3) unincorporated association (the employer) and comerica bank & trust, national association, a national banking association (the trustee). The employer established a trust with the trustee entitled naaa veba benefit trust (the trust). The assets of the trust and all income thereon (the fund) are in the name of the trustee under this trust agreement. The assets are managed by ubs financial services. Ubs receives and places in the fund any contributions it receives from the employer. The trustee is accountable to the employer for all such contributions it receives, but has no duty to see that the contributions received comply with the provisions of the plan and the code, nor shall the trustee be obliged to collect any contributions from the employer, or otherwise see that contributions are deposited according to the provisions of the plan and the code. The trustee from time to time on written direction of the board, makes payments out of the fund to such persons (including any member of the board who qualifies under the terms of the plan), in such manner and amounts, and for such purposes as may be specified in such direction.

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

Once the initial 990 is completed, it is reviewed by the trustee of the organization. Once the trustee approves the return, it will be filed with irs.

Form 990, Part VI, Section C, Line 19

The organization makes its documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Naval Academy Athletic Association
EIN
81-6529931
Phone
4102932700
Address
566 BROWNSON ROAD, ANNAPOLIS, MD 21402

Signing Officer

Name
M Colleen Jordan
Title
Naaa CFO/treasurer
Phone
4102932700
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M Colleen Jordan
Formed
2016
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
950 NORTH GLEBE ROAD SUITE 1200, ARLINGTON, VA 22203
Preparer
Robert Williams
Phone
5712279500
Raw XML Appendix322 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt03342
IRS990/AccountsReceivableGrp/EOYAmt03507
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE GROUP HEALTH BENEFITS FOR ELIGIBLE RETIREES OF THE NAVAL ACADEMY ATHLETIC ASSOCIATION.
IRS990/BenefitsToMembersGrp/TotalAmt0105127
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0M COLLEEN JORDAN NAAA CFOTREASURER
IRS990/BooksInCareOfDetail/PhoneNum04102932700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0566 BROWNSON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANNAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021402
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0105127
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0385705
IRS990/CYOtherExpensesAmt032432
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt069
IRS990/CYRevenuesLessExpensesAmt0248215
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0137559
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0385774
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0TO PROVIDE GROUP HEALTH BENEFITS AND MEDICARE PART-D COVERAGE FOR ELIGIBLE RETIREES OF THE NAVAL ACADEMY ATHLETIC ASSOCIATION.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/TotalAmt08250
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt024182
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0COMERICA BANK & TRUST NA
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt061918
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt143440
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0CHET GLADCHUK
IRS990/Form990PartVIISectionAGrp/PersonNm1M COLLEEN JORDAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0965726
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1237122
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0NAAA PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1NAAA CFO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0223340
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0775729
IRS990/GrossReceiptsAmt0938163
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt0159613
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt0159613
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt02752
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02752
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03499494
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03731452
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0552389
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NAAA VEBA BENEFIT TRUST (THE TRUST) IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION WHOSE PRIMARY EXEMPT PURPOSE IS TO PROVIDE GROUP HEALTH BENEFITS AND MEDICARE PART-D COVERAGE FOR ELIGIBLE RETIREES OF THE NAVAL ACADEMY ATHLETIC ASSOCIATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03507084
IRS990/NetAssetsOrFundBalancesEOYAmt03818633
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0223340
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0223340
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt063334
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0M COLLEEN JORDAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIBUTIONS/RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt069
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt096614
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0260208
IRS990/PYOtherExpensesAmt035501
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0128093
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0132115
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0260208
IRS990/ReconcilationRevenueExpnssAmt0248215
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03507084
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03818633
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04248
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083674
IRS990/ScheduleBRequiredInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0965726
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1237122
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt056650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt137700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt15740
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHET GLADCHUK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1M COLLEEN JORDAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0NAAA PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1NAAA CFO/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01027644
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1280562
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE SUPERINTENDENT OF THE UNITED STATES NAVAL ACADEMY. THE PRESIDENT DETERMINES COMPENSATION OF CHIEF FINANCIAL OFFICER/TREASURER.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST AGREEMENT, DATED SEPTEMBER 11, 2015, WAS SIGNED BY AND BETWEEN THE NAVAL ACADEMY ATHLETIC ASSOCIATION, A MARYLAND 501(C)(3) UNINCORPORATED ASSOCIATION (THE EMPLOYER) AND COMERICA BANK & TRUST, NATIONAL ASSOCIATION, A NATIONAL BANKING ASSOCIATION (THE TRUSTEE). THE EMPLOYER ESTABLISHED A TRUST WITH THE TRUSTEE ENTITLED NAAA VEBA BENEFIT TRUST (THE TRUST). THE ASSETS OF THE TRUST AND ALL INCOME THEREON (THE FUND) ARE IN THE NAME OF THE TRUSTEE UNDER THIS TRUST AGREEMENT. THE ASSETS ARE MANAGED BY UBS FINANCIAL SERVICES. UBS RECEIVES AND PLACES IN THE FUND ANY CONTRIBUTIONS IT RECEIVES FROM THE EMPLOYER. THE TRUSTEE IS ACCOUNTABLE TO THE EMPLOYER FOR ALL SUCH CONTRIBUTIONS IT RECEIVES, BUT HAS NO DUTY TO SEE THAT THE CONTRIBUTIONS RECEIVED COMPLY WITH THE PROVISIONS OF THE PLAN AND THE CODE, NOR SHALL THE TRUSTEE BE OBLIGED TO COLLECT ANY CONTRIBUTIONS FROM THE EMPLOYER, OR OTHERWISE SEE THAT CONTRIBUTIONS ARE DEPOSITED ACCORDING TO THE PROVISIONS OF THE PLAN AND THE CODE. THE TRUSTEE FROM TIME TO TIME ON WRITTEN DIRECTION OF THE BOARD, MAKES PAYMENTS OUT OF THE FUND TO SUCH PERSONS (INCLUDING ANY MEMBER OF THE BOARD WHO QUALIFIES UNDER THE TERMS OF THE PLAN), IN SUCH MANNER AND AMOUNTS, AND FOR SUCH PURPOSES AS MAY BE SPECIFIED IN SUCH DIRECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONCE THE INITIAL 990 IS COMPLETED, IT IS REVIEWED BY THE TRUSTEE OF THE ORGANIZATION. ONCE THE TRUSTEE APPROVES THE RETURN, IT WILL BE FILED WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NAVAL ACADEMY ATHLETIC ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0520613669
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGE AND PROMOTE VARIOUS ATHLETIC ACTIVITIES.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0566 BROWNSON ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ANNAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021402
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03507084
IRS990/TotalAssetsEOYAmt03818633
IRS990/TotalAssetsGrp/BOYAmt03507084
IRS990/TotalAssetsGrp/EOYAmt03818633
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0137559
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03507084
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03818633
IRS990/TotalOtherCompensationAmt0105358
IRS990/TotalProgramServiceRevenueAmt069
IRS990/TotalReportableCompFromOrgAmt08250
IRS990/TotalRevenueGrp/ExclusionAmt0385705
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt069
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0385774
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03507084
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03818633
IRS990/TotReportableCompRltdOrgAmt01202848
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0566 BROWNSON ROAD
IRS990/USAddress/CityNm0ANNAPOLIS
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021402
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0M COLLEEN JORDAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0NAAA CFO/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04102932700
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NAVAL ACADEMY ATHLETIC ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VEBA BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0NAVA
ReturnHeader/Filer/EIN0816529931
ReturnHeader/Filer/PhoneNum04102932700
ReturnHeader/Filer/USAddress/AddressLine1Txt0566 BROWNSON ROAD
ReturnHeader/Filer/USAddress/CityNm0ANNAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021402
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0950 NORTH GLEBE ROAD SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022203
ReturnHeader/PreparerPersonGrp/PhoneNum05712279500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT WILLIAMS
ReturnHeader/ReturnTs02025-11-12T17:43:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.