Nippon Kaiji Kyokai
- Assets
- $17.2m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 31
- Location
- Fort Lee, NJ
- Founding
- 01/1981
- Data as of
- 12/2023
- EIN
- 13-1985589
Organization Overview
Nippon Kaiji Kyokai is located in Fort Lee, NJ. The organization was established in 1981. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Nippon Kaiji Kyokai employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nippon Kaiji Kyokai is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Nippon Kaiji Kyokai generated $8.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $6.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SURVEY AND CLASSIFICATION OF SHIPS AND INSPECTION OF MATERIALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURVEY FOR CLASSIFICATION OF SHIPS AND FOR INSTALLATION OF MACHINERY, ELECTRICAL AND AUTOMATION, NAVIGATION, CARGO CONTAINMENT AND CARGO SYSTEMS.
LIAISON AMONG GOVERNMENT AGENCIES, SHIP OWNERS, AND SOCIETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yukihisa Shibata Regional Manager | Officer | 40 | $329,433 |
Stewart Saedong Lee Regional Tutor | 40 | $177,622 | |
Tomoya Takano General Manager | 40 | $208,406 | |
Hiroshi Konishi Deputy General Manager | 40 | $303,133 | |
James Boucher General Manager | 40 | $172,954 | |
Naoshi Takemasa General Manager | 40 | $259,133 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,372,551 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,452,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,450,681 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $2,251,457 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $740,005 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $395,045 |
| Travel | $82,089 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,019 |
| Insurance | $0 |
| All other expenses | $125,170 |
| Total functional expenses | $6,036,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $861,731 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $868,238 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $277,771 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,145,589 |
| Total assets | $17,153,329 |
| Accounts payable and accrued expenses | $109,128 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $43,230 |
| Total liabilities | $152,358 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $17,000,971 |
| Total liabilities and net assets/fund balances | $17,153,329 |