New York Shipping Association Inc

Organization Overview

New York Shipping Association Inc, operating under the name Shipping Association of New York & New Jersey, is located in Edison, NJ. The organization was established in 1958. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2022, Shipping Association of New York & New Jersey employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shipping Association of New York & New Jersey 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 09/2022, Shipping Association of New York & New Jersey generated $350.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $307.3m during the year ending 09/2022. While expenses have increased by 2.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO REPRESENT THE INTERESTS OF ITS MEMBERS IN MAXIMIZING THE EFFICIENCY, COST-COMPETITIVENESS, SAFETY AND QUALITY OF MARINE CARGO OPERATIONS IN THE PORT OF NEW YORK AND NEW JERSEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW YORK SHIPPING ASSOCIATION, INC. (D/B/A SHIPPING ASSOCIATION OF NEW YORK & NEW JERSEY (SANYNJ)) IS AN ASSOCIATION OF VARIOUS EMPLOYERS OF WATERFRONT LABOR AND OCEAN CARRIER COMPANIES ENGAGED IN THE SHIPPING INDUSTRY IN THE PORT OF NEW YORK AND NEW JERSEY (PONY/NJ). PROGRAM SERVICE EXPENSES RELATE TO NEGOTIATING AND ADMINISTERING COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE MEMBERS OF SANYNJ AND REPRESENTATIVES OF THEIR WATERFRONT EMPLOYEES.


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Board, Officers & Key Employees

Name (title)Compensation
Nardi John
President
$396,512
Winfree Susan
VP Of Workforce Development
$286,516
Darrell Charles
COO
$305,495
Massaro Daniel
CFO
$286,560
Cobb James H
Dir Of Government Affairs
$191,048
Blanton Barbara
Dir Of Training & Safety
$202,271

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Lambos Firm Llp
Legal Services
$399,319
Transtech Partners Llc
Consulting Services
$382,453
View All Vendors

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$348,922,667
Investment income $1,060,741
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 $349,983,408

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