International Organization Of Masters Mates & Pilots
- Assets
- $19.0m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 78
- Location
- Linthicum Heights, MD
- Founding
- 10/1944
- Data as of
- 12/2023
- EIN
- 13-6020335
Organization Overview
International Organization Of Masters Mates & Pilots is located in Linthicum Heights, MD. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, International Organization Of Masters Mates & Pilots employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Organization Of Masters Mates & Pilots is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, International Organization Of Masters Mates & Pilots generated $11.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $10.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, International Organization Of Masters Mates & Pilots has awarded 46 individual grants totaling $710,095. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A LABOR ORGANIZATION REPRESENTING DECK OFFICERS AND OTHERS IN THE MARITIME INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED AS THE LABOR ORGANIZATION FOR 7,817 MEMBERS, APPLICANTS, AND PERMITTEES; OPERATED TO PROTECT, MAINTAIN, AND ADVANCE THE INTERESTS OF PROFESSIONAL MARITIME WORKERS AND OTHER INDUSTRY WORKERS; WORKED TO IMPROVE WAGES, BENEFITS, AND CONDITIONS OF EMPLOYMENT FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald J Marcus International President | OfficerTrustee | 38.5 | $229,592 |
Jeremiah L Turner VP - Pacific Ports | OfficerTrustee | 38.5 | $186,943 |
Jeremy Hope VP - Gulf Ports | OfficerTrustee | 38.5 | $211,226 |
Donald Josberger Int'l Secretary-Treasurer | OfficerTrustee | 38.5 | $258,671 |
George A Quick VP - Pilot Group | OfficerTrustee | 39.5 | $53,185 |
Michael Riordan VP - Atlantic Maritime Gro | OfficerTrustee | 39.5 | $207,103 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Terrasa & Stair Pa Legal Services | 12/30/23 | $457,737 |
Bush Gottlieb Legal Services | 12/30/23 | $144,640 |
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 | $10,964,019 |
| Investment income | $217,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $381,050 |
| Net Gain/Loss on Asset Sales | -$18,320 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,544,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,806 |
| Grants and other assistance to domestic individuals. | $36,605 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,171,614 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,613,615 |
| Pension plan accruals and contributions | $613,750 |
| Other employee benefits | $626,676 |
| Payroll taxes | $399,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $694,457 |
| Fees for services: Accounting | $106,318 |
| Fees for services: Lobbying | $20,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,892 |
| Advertising and promotion | $0 |
| Office expenses | $501,189 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $395,738 |
| Travel | $227,455 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,242 |
| Interest | $12,904 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,996 |
| Insurance | $127,839 |
| All other expenses | $20,327 |
| Total functional expenses | $10,100,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $705,035 |
| Savings and temporary cash investments | $1,074,197 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,060,405 |
| 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 | $139,844 |
| Net Land, buildings, and equipment | $6,483,344 |
| Investments—publicly traded securities | $7,785,320 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $786,938 |
| Total assets | $19,035,083 |
| Accounts payable and accrued expenses | $341,723 |
| Grants payable | $0 |
| Deferred revenue | $454,477 |
| 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 | $864,943 |
| Total liabilities | $1,661,143 |
| Net assets without donor restrictions | $17,373,940 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $19,035,083 |
Grants Awarded
Over the last fiscal year, International Organization Of Masters Mates & Pilots has awarded $23,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE MARINE SOCIETY OF THE CITY OF NEW YORK PURPOSE: SPONSORSHIP FOR PILOTS ANNUAL DINNER | $10,250 |
SEAFARERS AND INTERNATIONAL HOUSE PURPOSE: BANQUET SPONSORSHIP | $13,500 |