Managers Of Boston Port And Seamens Aid Society

Organization Overview

Managers Of Boston Port And Seamens Aid Society is located in Salem, MA. The organization was established in 1973. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Managers Of Boston Port And Seamens Aid Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2019, Managers Of Boston Port And Seamens Aid Society generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Managers Of Boston Port And Seamens Aid Society has awarded 32 individual grants totaling $529,725. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bny Mellon Financial Center
$70,817
Law Offices Of Martha Bagley
$72,000
Bny Mellon Financial Center
$0
Law Offices Of Martha Bagley
$0
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $34,000
Interest on Savings $0
Dividends & Interest $380,672
Net Rental Income$0
Net Gain on Sale of Assets $338,991
Capital Gain Net Income $338,991
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $573,536
Total Revenue $1,327,199

Grants Awarded

Over the last fiscal year, Managers Of Boston Port And Seamens Aid Society has awarded $110,000 in support to 6 organizations.

Grant RecipientAmount

MASSACHUSETTS MARITIME AC

PURPOSE: GENERAL

$30,000

FISHING PARTNERSHIP HEALT

PURPOSE: GENERAL

$20,000

MAINE MARITIME ACADEMY

PURPOSE: GENERAL

$20,000

NEW ENGLAND SEAFARERS MIS

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL

$15,000

BOSTON SEAMEN'S FRIEND SO

PURPOSE: GENERAL

$15,000

SHAW'S FUND FOR MAIRNERS' CHILDREN

PURPOSE: GENERAL

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Managers Of Boston Port And Seamens Aid Society has recieved totaling $45,547.

Awarding OrganizationAmount
$45,547
View Grant Recipient Profile

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