International Marine Electronics Alliance Inc is located in Severna Park, MD. The organization was established in 2015. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Marine Electronics Alliance Inc 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 12/2022, International Marine Electronics Alliance Inc generated $148.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.0% each year . All expenses for the organization totaled $34.4k during the year ending 12/2022. While expenses have increased by 4.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IMEA IS DEDICATED TO SERVE THE WORLDWIDE MARITIME INDUSTRY BY CREATING AND PROMOTING EDUCATIONAL PROGRAMMING TO IMPROVE THE EXCELLENCE OF THE MARINE ELECTRONICS INDUSTRY RESULTING IN GREATER UNDERSTANDING AND AWARENESS OF PUBLIC SAFETY FOR THE BOATER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Heyes Director | 0 | $0 | |
Sean Hatherley Director | 0 | $0 | |
Brian Tetreault Director | 0 | $0 | |
Kevin Kriegel Treasurer | 1 | $0 | |
Ben Ellison Director | 0 | $0 | |
Mark Reedenauer President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,684 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $132,831 |
Total Revenue | $148,515 |
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 | $1,150 |
Occupancy, rent, utilities, and maintenance | $250 |
Printing, publications, postage, and shipping | $67 |
Other expenses | $32,936 |
Total expenses | $34,403 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,522 |
Other assets | $0 |
Total assets | $10,522 |
Total liabilities | $0 |
Net assets or fund balances | $10,522 |