Marine Industry Claims Association Inc
- Assets
- $77.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 13-3756173
Organization Overview
Marine Industry Claims Association Inc is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Industry Claims Association Inc 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 12/2022, Marine Industry Claims Association Inc generated $121.1k in total revenue. All expenses for the organization totaled $97.8k during the year ending 12/2022. While expenses have increased by 64.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE PROFESSIONAL EDUCATION, COMMERCIAL NETWORKING AND SOCIAL RELATIONSHIPS AMONG THE INDIVIDUALS IN THE MARINE INSURANCE AND CLAIMS FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Zachariades Chair & Dire | 0.5 | $0 | |
Jonathan O'hara Director | 0.5 | $0 | |
Thomas Bradshaw Director | 0.5 | $0 | |
Gina Venezia Vice Preside | 0.5 | $0 | |
Jim Ruggiero Director | 0.5 | $0 | |
Louis Magnan Jr Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $121,063 |
| Other Revenue | $0 |
| Total Revenue | $121,063 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,501 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $94,276 |
| Total expenses | $97,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,437 |
| Other assets | $0 |
| Total assets | $77,437 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,437 |