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Nonprofiteer
← MARINE TOYS FOR TOTS FOUNDATION

Form 990 for tax year 2022

Filed by MARINE TOYS FOR TOTS FOUNDATION.

Totals

Total revenue
$379,587,582
Total expenses
$388,308,278
Contributions and grants received
$375,113,569
Grants paid
$0
Program services expenses (Part IX)
$376,430,003
Management and general expenses
$2,864,874
Fundraising expenses
$9,013,401
Program service expenses (Part III)
$376,430,003

Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES B LASTER

    PRESIDENT & CEO

    Total calculated
    $416,030
    From this org
    $375,159
    From related orgs
    $0
    Other
    $40,871
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $298,635
    Bonus
    $75,000
    Other
    $1,524
    Deferred
    $39,506
    Nontaxable benefits
    $1,881
    Filer's total
    $416,546
  • ROBERT E MILSTEAD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • MARK A HAYDEN

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • WALTER T DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • STEVEN C OHMSTEDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • EDWARD T GARDNER JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • VALERIE A JACKSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • SHERYL E MURRAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • WILLIAM W CHIP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DAVID J DOOLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JESSICA VAN DOP DEJESUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ALPHONSO TRIMBLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MATTHEW D COOPER

    SECRETARY/VICE PRESIDENT, OPERATIONS

    Total calculated
    $196,827
    From this org
    $177,360
    From related orgs
    $0
    Other
    $19,467
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    $7,084
    Other
    $276
    Deferred
    $19,467
    Nontaxable benefits
    $517
    Filer's total
    $197,344
  • THEODORE SILVESTER

    VICE PRESIDENT, M&D

    Total calculated
    $196,827
    From this org
    $177,360
    From related orgs
    $0
    Other
    $19,467
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    $7,084
    Other
    $276
    Deferred
    $19,467
    Nontaxable benefits
    $517
    Filer's total
    $197,344
  • KELLEY HARDISON

    DEPUTY VP, M&D

    Total calculated
    $200,797
    From this org
    $180,792
    From related orgs
    $0
    Other
    $20,005
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,000
    Bonus
    $30,000
    Other
    $792
    Deferred
    $20,005
    Nontaxable benefits
    $397
    Filer's total
    $201,194
  • MATTHEW MCDONALD

    IT DIRECTOR

    Total calculated
    $152,557
    From this org
    $124,250
    From related orgs
    $0
    Other
    $28,307
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $98,974
    Bonus
    $25,000
    Other
    $276
    Deferred
    $12,298
    Nontaxable benefits
    $16,401
    Filer's total
    $152,949
  • MELANIE TURNER

    CORPORATE ACCOUNTANT

    Total calculated
    $129,492
    From this org
    $117,720
    From related orgs
    $0
    Other
    $11,772
    Hours/week
    40
  • MACKERL STUCKEY

    DEPUTY VP, OPERATIONS

    Total calculated
    $117,832
    From this org
    $107,120
    From related orgs
    $0
    Other
    $10,712
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE BOARD OF DIRECTORS REVIEWS AND VOTES ON THE COMPENSATION OF EACH OF THE OFFICERS AND EMPLOYEES ANNUALLY BASED ON RECOMMENDATIONS FROM THE FINANCE AND COMPENSATION COMMITTEE. THE BONUSES ARE BASED ON PERFORMANCE AND AWARDED AT CHRISTMAS. THE PRES/CEO BONUS IS DECIDED BY THE SAME PROCESS, BUT IS AWARDED IN MARCH.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
3 April 2023
IRS schema version
2022v5.0
Source object
202330959349301528

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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