Delaware Marine Trade Assoc

Organization Overview

Delaware Marine Trade Assoc is located in Millsboro, DE. The organization was established in 1995. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Marine Trade Assoc 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 12/2021, Delaware Marine Trade Assoc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.6%) each year. All expenses for the organization totaled $408.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (42.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE ORGANIZATION PROMOTES MARINE TRADE, MARINE EDUCATION, AND MARINE SAFETY BY SPONSORING BOAT SHOWS AND PROVIDING MARINE SAFETY BOOTHS AT SEVERAL EVENTS. ALL PROGRAMS AND ACTIVITIES WERE SUSPENDED DURING COVID.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$1,100
Investment income $3
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$1,103

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