2025-10-15T09:09:37-05:00 2024-11-30 273858252 DEAN DORTON ALLEN FORD PLLC 4130 PARKLAKE AVE STE 400 RALEIGH NC 27612 990 2023-12-01 822846674 UNITED STATES POWER SQUADRONS ENDOWMENT FUND INC UNIT 8883678777 1504 BLUE RIDGE ROAD RALEIGH NC 27607 ROBERT BALDRIDGE CHAIRMAN 8883678777 2025-10-14 1 0 MICHELLE FOOTE P01387279 9198792909 2023 2025-03-06 01:10:19Z ROBERT BALDRIDGE 1504 BLUE RIDGE ROAD RALEIGH NC 27607 100084 0 X N/A X 2017 NC THE UNITED STATES POWER SQUADRONS ENDOWMENT FUND IS ORGANIZED UNDER SECTION 509(A)(3) AND 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 EXCULSIVELY FOR THE SUPPORT OF THE UNITED STATES POWER SQUADRONS, INC. A NORTH CAROLINA CORPORATION ORGANIZED UNDER SECTION 501(C)(3) OF THE CODE. 8 8 0 16245 0 0 93409 45432 0 0 72291 54652 0 0 165700 100084 164182 105757 0 0 0 0 0 0 0 20678 126136 184860 231893 -19160 -131809 2135959 2293065 1199 2576 2134760 2290489 X THE UNITED STATES POWER SQUADRONS ENDOWMENT FUND IS ORGANIZED UNDER SECTION 509(A)(3) AND 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 EXCULSIVELY FOR THE SUPPORT OF THE UNITED STATES POWER SQUADRONS, INC. A NORTH CAROLINA CORPORATION ORGANIZED UNDER SECTION 501(C)(3) OF THE CODE. 0 0 231893 105757 THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR THE UNITED STATES POWER SQUADRONS, INC. ("USPS"), AND ACTIVITIES IN FURTHERANCE OF THE PURPOSES OF USPS, NAMELY, THE PROMOTION AND IMPROVEMENT OF RECREATIONAL BOATING SAFETY AND EDUCATION. THE CORPORATION WILL SOLICIT, HOLD, AND INVEST FUNDS FOR THE BENEFIT OF USPS TO BE DISBURSED FOR THE GENERAL NEEDS AND SPECIFIC PROJECTS OF USPS. 231893 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X UNITED STATES POWER SQUADRONS ENDOWMENT FUND INC 8883678777 1504 BLUE RIDGE ROAD RALEIGH NC 27607 ROBERT BALDRIDGE CHAIRMAN 10.00 X X 0 0 0 RUTH WITZTUM VICE-CHAIRMAN 10.00 X X 0 0 0 SHIRLEY HEALD TREASURER 10.00 X X 0 0 0 ALLEN LAKIN SECRETARY 10.00 X X 0 0 0 JOHN MALATAK TRUSTEE 10.00 X 0 0 0 MARY PAIGE ABBOTT TRUSTEE 10.00 X 0 0 0 DIANNE MARSHBURN TRUSTEE 10.00 X 0 0 0 THOMAS DOUGHERTY TRUSTEE 10.00 X 0 0 0 MAUREEN HEALEY EXECUTIVE ADMINISTRATOR 10.00 40.00 X 0 84083 0 0 84083 0 0 0 0 0 0 45432 45432 54652 54652 100084 0 0 54652 X 105757 105757 13475 13475 100000 100000 1377 1377 MISCELLANEOUS EXPENSES 11000 11000 BANK FEES 284 284 231893 231893 0 0 144122 80554 1986957 2207222 4880 5289 2135959 2293065 1199 2576 1199 2576 X 401130 511427 1733630 1779062 2134760 2290489 2135959 2293065 -131809 297983 -10445 0 X 0 1 X 1 0 X X 1 UNITED STATES POWER SQUADRONS NATIONAL HEADQUARTERS 221487365 10 1 105757 0 1 105757 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: THE USPS ENDOWMENT FUND (THE "FUND"), THE SUPPORTING ORGANIZATION, AND UNITED STATES POWER SQUADRONS ("USPS"), THE SUPPORTED ORGANIZATION, DO NOT SHARE A MAJORITY OF DIRECTORS IN COMMON. HOWEVER, THE USPS GOVERNING BOARD ELECTS THE DIRECTORS OF BOTH USPS AND THE FUND. THUS, ULTIMATE CONTROL AND MANAGEMENT OF BOTH ORGANIZATIONS IS VESTED IN THE USPS GOVERNING BOARD. 2135959 45432 342190 230515 2293066 2182424 93409 34174 174048 2135959 2437141 23229 -153716 124230 2182424 2214352 25220 285571 88002 2437141 2134152 15994 211324 147118 2214352 0.22420 0.77580 0 0 0 PART V, LINE 4: THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR THE UNITED STATES POWER SQUADRONS, INC. ("USPS"), AND ACTIVITIES IN FURTHERANCE OF THE PURPOSES OF USPS, NAMELY, THE PROMOTION AND IMPROVEMENT OF RECREATIONAL BOATING SAFETY AND EDUCATION. THE CORPORATION WILL SOLICIT, HOLD, AND INVEST FUNDS FOR THE BENEFIT OF USPS TO BE DISBURSED FOR THE GENERAL NEEDS AND SPECIFIC PROJECTS OF USPS. 1 UNITED STATES POWER SQUADRONS NATIONAL HEADQUARTERS 1504 BLUE RIDGE RD RALEIGH NC 27607 221487365 501(C)(3) 105757 0 TO SUPPORT USPS FUNDS 1 PART I, LINE 2: THE ENDOWMENT FUND IS RELATED TO THE UNITED STATES SQUADRONS NATIONAL HEADQUARTERS THROUGH A COMMON GOVERNING BOARD. THROUGH THIS RELATIONSHIP, THE ENDOWMENT FUND ENSURES ITS FUNDS ARE PROPERLY UTILIZED. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE USPS GOVERNING BOARD ANNUALLY ELECT THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR AND VICE CHAIR RECEIVE A COPY OF THE FORM 990 PRIOR TO SUBMITTING IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SENDS ANNUAL CONFLICT OF INTEREST LETTERS TO OFFICERS TO SIGN AND RETURN TO THE USPS NATIONAL HEADQUARTERS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 100,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,000. UNITED STATES POWER SQUADRONS 1504 BLUE RIDGE RD RALEIGH NC 27607 221487365 BOATING EDUCATION NC 501(C)(3) LINE 10 0 USPS EDUCATIONAL FUND 1504 BLUE RIDGE RD RALEIGH NC 27607 222083467 PROVIDE GRANTS TO SUPPORT PROGRAMS THAT FURTHER BOATING SKILLS NC 501(C)(3) LINE 7 0 USPS - EC HOLDINGS INC HOLDING ACTIVITY OH UNITED STATES POWER SQUADRONS NATIONAL HEADQUARTERS C 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNITED STATES POWER SQUAADRONS B 105757 COST